Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty)

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3,452,035
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I had a coach one time that said, "If you don't own what you sell, you're a fraud!" 

Oct 16, 2019 06:51 AM
Rainmaker
2,828,396
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Yes. 

Yes. 

Never been an issue. I've owned my home for over 35 years. I believe in telling the truth.  I would not lie if I did not own my home. That said, I would not volunteer the information yet would answer truthfully if asked.

Oct 16, 2019 07:33 AM
Rainmaker
3,433,676
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

In my life, I have been a tenant, an owner and a landlord.  There are advantages and disadvantages.  

Oct 16, 2019 08:10 AM
Rainmaker
943,088
Thomas J. Nelson, Realtor e-Pro, CRS, RCS-D, Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I do, at one point (pre-divorce) I owned 5.

I still own principle and rental properties.

I have rented while I owned too, when I relocated to San Diego, so I'd say the only situation that would be suspect is never owning. I believe you can't master real estate until you have to experience it to truly understand what your clients are going through.

Oct 16, 2019 08:03 AM
Rainmaker
1,661,038
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I purchased my first home when I was 18. That was 47 years ago. Since then I've owned many homes and rental properties, in fact there has NOT been a time since that 1st purchase that I have not owned one or more properties.

Oct 16, 2019 06:51 AM
Rainmaker
390,020
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

I'm with Michael Jacobs . I have been a tenant, an owner, and a landlord.

Oct 16, 2019 10:10 AM
Rainmaker
4,582,579
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Yes to your questions on ownership.  

Oct 16, 2019 07:51 AM
Rainmaker
1,265,872
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

It's not something that most clients ask, however owning does provide some insights that help with the process.  Yes, I do own and I own multiple homes.

Oct 16, 2019 07:21 AM
Rainmaker
782,253
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Not currently owning a home does NOT mean a home has never been owned or that a RATIONAL assessment deemed current ownership detrimental.

The nature of the question suggests only those who have experienced cardiac failure know how to prevent it. I would disagree that having a cardiac event or paying property taxes is the only way to be VERY knowledgeable on the subject.

For example, my stock portfolio yields a great deal better VALUE than the increase in property value ownership offers.

For some reason, this invalid question does appear in those exhaustive  "711 questions you must ask an agent before hiring them." One guy even advocated a FICO score is indicative of real estate acumen.

The narative that may result from this line of reasoning is Success Theater, Vanity Metrics and Surrogate Endpoints, the currency of the real estate agent.

My comment should suggest one should never have all their eggs in one basket. 

Do I INVEST in what I sell? You bet! Transformation is a universal currency that is embraced by renters, owners and sojourners alike.

(reloading)

Oct 16, 2019 07:17 AM
Rainer
480,995
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

I do own many homes.  I also work with investors to make them money on their purchases.

Oct 16, 2019 07:14 AM
Rainmaker
3,132,499
Richard Weeks
Dallas, TX
REALTOR®, Broker

I do own my home.  Sold all my other properties when I moved to Dallas in 2007.

Oct 16, 2019 06:52 AM
Rainmaker
575,581
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

I own my own home. I don't get into discussions about my personal life with the client but if you don't own any real estate I definitely would not recommend broadcasting it proudly. People are allready going to judge you by your physical appearance, what comes out of your mouth, your clothes & the car you drive so why give them another thing to bestow judgement on? 

Oct 16, 2019 09:43 AM
Rainmaker
3,249,447
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I owned a number of houses over the years, all good investments.

 

Oct 16, 2019 09:21 AM
Rainmaker
3,221,056
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Yes, I own the homes I live in. But I do not invest in real estate as a financial vehicle... there are others I prefer at this stage of my life for liquidity.

Oct 16, 2019 08:55 AM
Rainmaker
750,603
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Yes and yes!

When I hired long ago, first interview Q was: "How many real estate transactions have you been involved in as a principal?"

Smarty pants Carmen replied "All of them." LOL

They have owned in 3 different countries. 

Experience matters!

Oct 16, 2019 08:37 AM
Rainmaker
746,080
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I rented when young, owned and do own. However, it is not necessarily a concern of my clients. We all have our own reasons for our strategies.

Oct 16, 2019 06:58 AM
Ambassador
4,378,500
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Owned dozens of homes and other properties before I decided to get licensed, made it much easier knowing how the game is played before jumping in and made it easier with a stack of my own properties to list right away.

Oct 16, 2019 07:08 PM
Rainmaker
2,487,538
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If I beleive in something living it helps....

Oct 16, 2019 11:31 AM
Rainmaker
714,774
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I have owned my own home for a long time.

I inherited a condo from my mother. I was a landlord for a few years until I sold it to the tenant. Mistake! I should have held on to it.

Oct 16, 2019 10:31 AM
Rainmaker
5,513,978
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Yes.

Oct 16, 2019 10:27 AM
Rainmaker
1,265,852
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Yes.

Oct 16, 2019 10:26 AM
Rainmaker
759,552
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Most years, yes. But if I was renting, the issue has never come up, so I doubt it makes any difference to most people. many sellers and buyers were probably all renters at some point. There are many reasons not to buy, such as in military, and transfers are expected. Does every car sales person that sells Cadilac Escalades drive one? No. Do they al drive other models of Cadilacs? No. Are they frauds for wanting to work at a Luxury dealership? No. They most likely like the product, and want to sell a quality product to the public, and earn a living while doing so.

Oct 16, 2019 09:12 AM
Rainmaker
794,815
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Makes no difference if the agent has ever owned Real Estate

Oct 17, 2019 06:07 AM
Ambassador
2,242,326
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Yes we own, wouldn't have it any other way. 

Oct 16, 2019 07:03 PM
Rainmaker
529,640
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Do I need to own/or have owned a multi million dollar home to sell a $4.55 Million one--which I just did? Do I need to own/or have owned an oceanfront home in a resort area in order to sell one--which I just did? Do I need to own/or have owned a home on the Big Island of Hawaii to sell one--which I am doing, and with my brokers license in Hawaii? The answer is NO. I have very happy clients who never thought to ask if I "buy or rent".

Oct 16, 2019 04:03 PM
Rainmaker
3,373,378
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Over the years have owned homes and investment properties. These last few years I am a tenant. It works for me and offers flexibility. 

Oct 16, 2019 03:34 PM
Rainmaker
1,705,715
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Yes.

Oct 16, 2019 12:32 PM
Rainmaker
3,055,923
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Of course as well as buy, fix and sell. You may not have to own, but do have to know what owning entails, know what you are selling, know the area and be able to show it

Oct 17, 2019 05:31 AM
Rainmaker
1,561,066
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Absolutely we do! Yup.

Oct 17, 2019 04:34 AM
Rainmaker
5,128,964
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

yes..... I own my home and one single family home investment....

I had as many as 23 units at one time.... 

Oct 16, 2019 01:42 PM
Rainmaker
1,120,198
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Yes, Yes, and I do not discuss personal matters with clients. 

Oct 17, 2019 07:49 PM
Rainmaker
4,166,064
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

There are some out there, and bet they DO NOT admit it.  I have owned a home (or more) since the age of 22.

Oct 27, 2019 09:20 AM
Rainmaker
552,714
Tony Lewis
RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident - Valencia, CA
RE/MAX Valencia, Stevenson Ranch, Santa Clarita

I own and have investment properties.  I walk the walk that I talk.

Oct 19, 2019 10:12 PM
Ambassador
918,437
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Yes, I have and own real estate and sell.

Oct 18, 2019 07:03 AM
Ambassador
1,657,181
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I own a lot of real estate. It would be hard to sell investors if I didn't own real estate.

Oct 17, 2019 04:49 PM
Rainer
141,573
Adam Feinberg
ANCHOR ASSOCIATES - Manhattan, NY
NYC Condo, Co-op, and Townhouse specialist

I have a lot of credibility with my clients and potential clients because beyond being an owner- I am on my condo board as President (and in the past have been Treasurer). It's not really the same as being on the board of an HOA in the rest of the country. Buying and selling is far more technical here- with agents or brokers that have legal and/or finance backgrounds having a distinct advantage.

Nov 14, 2019 11:06 PM