real estate: Questionable Real Estate License Exam Question #2 - 06/07/18 01:16 PM
So part 2 of this series was one of the first instances that we found in Laura's online real estate licensing course that caused a little concern for us. Maybe you can tell me what we are missing here.
 
Under the Federal Fair Housing Acts, all of the following are exempted EXCEPT
resident owners of three units or less. private clubs restricting non-commercial rentals to their members. churches limiting the sale of church-owned property to their members. housing restricted to the elderly if certain requirements are met.  
This question was on the final exam of one of the courses bundled into the … (0 comments)

real estate: Questionable Real Estate License Exam Question #1 - 06/07/18 12:36 PM
So my wife, Laura, is going through her online real estate licensing course and she has had quite a few issues with the wording of some of her quiz and test questions. I thought I would share some of them with the ActiveRain community and see what your thoughts are.
This particular question just seems to be poorly written and a bit confusing:
 
A listing agreement is a legal
contract between the seller or buyer and a broker that establishes their agency relationship. sales contract. assignment agreement. document that states the terms of the mortgage.  
Let me know your thoughts. Do you have any … (2 comments)

real estate: Aurora Colorado Brokerage Suggestions - 03/28/18 10:46 AM
Well the time is near. Laura and I have just moved to Aurora and will be getting settled in over the next month or so. Both of us will be licensed in the next few weeks and are looking for recommendations for brokerages to sign on with.
We ant a fairly progressive and technologically minded environment with fun, energetic and active agents.
We would love to hear from Aurora and Denver area brokers or anybody else who has any input on this.
Thanks in advance.
(1 comments)

real estate: What Happens If Your Buyer Offers on a Purplebricks Listing? - 08/08/17 11:29 PM
California will be the test case for this issue.
Purplebricks, a British estate agent, is opening up shop in California in the next few weeks.
If you aren't aware, they do things very differently.
For one, they promote the idea of removing the agents from the negotiations and having the buyer submit offers directly to the seller.
In England, there is no written offer, in fact, there is nothing at all in writing until weeks into the transaction.
How will that work in a market where EVERYTHING has to be in writing? Will buyers have to fill out a buy/sell agreement without the advice or assistance … (1 comments)

real estate: Daily Listing Photo Tip: Clear the Counters in the Kitchen & Bathroom - 08/01/17 03:16 AM
We've all been there. The sellers have cleaned their house and are ready for the photos to be taken, or at least in their minds.
Take a few minutes to remove the dish soap, dish towels, lotion bottle, etc from the counter tops. Put the paper towel holder out of view of the camera lense. I didn't do it in this example, but maybe even go so far as to move the coffee machine and fruit bowl. Honestly even I missed that when setting up this shot, the fuit bowl does not bring anything to this photo... so move it out of … (15 comments)

real estate: We're Coming Home, Moving back to Denver after 20 years - 07/27/17 10:33 PM
Just Announced
Laura and I will be moving back to the Denver area sometime just after Jan 2018.
Between now and then, we will be sorting out all of the details, especially which brokerage to join forces with.
We would love to hear from anybody in the Denver area, or anyone who knows agents in the Denver area.
I grew up in Denver, Aurora actually. I went to Smoky Hill High School back in the late 80's. We are die hard Bronco fans (watching the games from England even), and we are very excited to be returning home.
We both look forward to working with all … (6 comments)

real estate: I'd Be Happy To List Your House $100,000 More Than I Said Its Worth - 07/26/17 09:32 AM
So just the other day I was observing another agent during a listing appointment. Through his market analysis, he came up with a value of about £350,000.
The seller said they felt it was worth over £450,000, and that 2 other agents had valued it at around £450,000. At this point, he quickly danced around and came up with a a few reasons to justify a £450,000 listing price.
The property was a relatively large (for England) 4 bedroom house with about 2 acres plus stables and all fenced for horses. The agent used the land and stables to very quickly account for … (2 comments)

real estate: Is California Ready for Purplebricks? - 07/26/17 08:15 AM
If you haven't heard, the U.K.'s real estate agency, Purplebricks, is launching in a few days in California.
How many U.S. agents and REALTORS© are aware of this, and how Purplebricks works?
Will their business model work in California and/or the rest of the states?
What does the NAR think of Purplebricks?
Will homebuyers and sellers embrace the change in approach to the process?
These are just a few of the questions I have come up with. I have been a licensed REALTOR© in Missoula, MT and Spokane, WA and now I am working with Purplebricks in the United Kingdom.
To be completely honest, they are a … (1 comments)

real estate: I Know Too Many Things Wrong With This House, So You Better Show It - 07/24/17 06:46 AM
I was out with an agent on Friday to observe him during listing appointments. During the appointment, the seller said quite a few things that made me jjts about do a spit-take.
I felt that one in particular illustrated England's primary problem with the way they handle the real estate industry.
In England, it is pretty common for agents not to show the houses to potential buyers, but rather have the seller show the property themselves.
This particular agency charges a low, flat rate listing fee rather than a commission; they also charge extra if the seller wants their agents to handle the … (1 comments)

real estate: Canned Listing Presentations: Sell Yourself or Sell Your Agency? - 07/17/17 11:25 PM
I am curious to know what your thoughts are on the idea of canned listing presentations.
What would you think if your managing broker, or agency, came to you and said "your listing presentations had to have these 12 points in it, and you have to present them in this order."
Not only that, but they went on to say that you couldn't set, or go on, any listing appointments until you went to a two week, intensive training course where you would roll play the listing presentation with your fellow agents and REALTORS until they were happy with your ability to overcome … (4 comments)

real estate: Rental Property From Hell: chapter 1, Welcome to the Lindens - 07/13/17 05:11 AM
This is going to be a multi-chapter story about what must be one of the worst rental properties to try to manage.
The Lindens is located near the center of the city of Peterborough in England.
The property is what is called an H.M.O. or House in Multiple Occupation. That simply means it is one house, or dwelling, but is rented out by the room and the kitchen, hallways and typically the bathrooms are common areas.
One inherent characteristic of this type of property is that it attracts very low income, often no income, tenants. That fact, in and of itself, is not a … (1 comments)

real estate: What's up with all the mold mate? - 07/12/17 07:23 AM
Almost titled: My, what and absorbant house you have there!
 
No matter how many homes I walk into in England, one thing still amazes me. How much mold is found in homes over here.
 
Forget the mold disclosure, it is pretty much expected it seems. Might as well just have 3 check boxes; one says "probably", one says "definitely" and the other says "yeah... a shit load".
 
It is hard to believe, knowing how seriously mold is taken in the states, how many properties here have it. What is even harder to understand, is how many homeowners allow mold to persist in their rental properties.
 
I … (1 comments)

real estate: Can the U.K.'s Purple Bricks business model work in the U.S.? - 07/11/17 07:17 AM
Have any of you heard of Purple Bricks?
I'm not surprised if most haven't. Purple Bricks is a U.K. based estate agency.
They have recently announced that they will be expanding into the U.S. real estate sales market this year.
They have been around in the U.K. for 3 years now and have taken the market by storm. Other established estate agents hate them because they offer a low, flat rate listing fee instead of charging a commission....
Does this sound a little like Redfin to you?
The Purple Bricks business model is a great solution for folks in the U.K., I just wonder how it … (1 comments)

real estate: Open Letter to Realtors: It Isn't Rocket Surgery - 06/24/14 05:44 AM
Come on guys! Real Estate isn't rocket surgery.
This will just be a short rant and then I will let you all get back to being productive.
One thing that drives me nuts about real estate is agents who are bad at what they do. I can say that about every line of work. If you aren't good at it, don't do it.
I'm not talking about how successful you may or may not be, that's not what I mean by being "good at it". I'm talking about attention to detail, follow through and working within the boundaries of common sense, … (63 comments)

real estate: Alternatives to Costly Real Estate CRMs - 05/07/14 02:45 AM
At The Agent Accelerator, we believe that there are too many cost-intensive solutions for real estate agents, and none of the ones we have tried are as easy, intuitive, robust and effective as they proclaim to be.
Much of our focus is to seek out more cost effective (often times FREE) alternatives that provide the same (or at least similar) solutions.
We have some favorite tools to handle project management and CRM duties for you including ASANA, Google Contacts, Dropbox, and good, old fashioned Blogging for quality lead generation (that you don't have to pay extra for... wink wink). Why someone would … (2 comments)

real estate: I'm Sorry, But There Is No Way I Will Be Doing Business With You - 03/17/14 04:26 AM
Operating as both a real estate agent and a service provider to other real estate agents, lenders and attorneys, I meet all sorts of people.
Recently I wrote a blog post here titled Then Why The Hell Did You Call Me where I described my first encounter with a potential client who was looking for free advice and assistance from me.
Well there is now more to the story...
After writing that post, I met this person for coffee and to discuss social media strategies and building a new website for him.
We had an hour-long conversation where I went over his current social … (6 comments)

real estate: Who is Going to RE BarCamp Seattle 2014? - 03/10/14 02:35 AM
Ok guys... I know that there are a lot of ActiveRainers going to RE BarCamp Seattle this week.
I would love to hear from the folks who are going. This will be my second one and I can't wait. The friends I met and relationships I built from the first one are what really set it apart from anything else I have ever done or attended.
The idea of such a gathering of industry experts and innovators who are eager to share their ideas and wisdom with rooms full of people who want to be the best they can be at … (0 comments)

real estate: Spokane's Five Mile Market Recap for Week 2 of Feb 2014 - 02/17/14 06:57 AM
The second week of February was pretty uneventful for the Five Mile neighborhood of north Spokane. The only home, at this point, recorded as sold is a new construction home which has not been built yet.
There were 4 homes listed, 3 of which are new listing and one of which had previously been listed and then spent a couple of weeks off market before coming back on with a new listing agent.
If you would like to read the rest of the article, you can find it here real-estate-spokane.com
(0 comments)

real estate: January Market Recap for the Five Mile Area of Spokane WA - 02/16/14 06:42 AM
This article was written and originally published on:
Real-Estate-Spokane.com
$2.3 Million dollars worth of homes sold in the Five Mile Prairie area of North Spokane in January of 2014. Individual home prices ranged from $175,000 on the low end up to $320,000 on the high end.
10 homes were included in January's sales and all were relatively new houses, the oldest of which was built in 2000. In fact, six of them were brand new having been built in 2013 and 2014, which is very good news for our local Spokane homebuilders... read the rest of the article
 
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real estate: You Might Be A Social Media Douchebag If… ~ 1st Edition ~ - 02/10/14 08:06 AM
If you respond (pronounced "hijack") to a direct competitor's Tweet with an awkward sales pitch of your own, and then manage to reach only 1 account with your message... Your own... You might be a Social Media Douchebag!
No, correction, you ARE a Social Media Douchebag!
A few days ago I had this happen. I had a fellow Realtor in my town reply to one of my tweets.


I had tweeted a blog post about selling your home, this person then replied directly to me with a sales pitch about what an amazing real estate agent she is.
I … (4 comments)

 
Kevin Ray, REALTOR & U.K. Real Estate Consultant (Resident Realty)

Kevin Ray

REALTOR & U.K. Real Estate Consultant

Aurora, CO

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Resident Realty

Address: Peterborough, England

Mobile: +4407495 197344

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