Tuesday, September 7, 2021
Tuesday, August 10, 2021
July 2021 - Reno/Sparks Market Statistics
If you are looking to buy or sell - let me know!
marilyndash.com
marilyn.dash@exprealty.com
415-999-9087
Tuesday, July 6, 2021
Thursday, June 3, 2021
Sunday, May 30, 2021
10 Reasons Why eXp Realty is Perfect for Part Time Agents
I’ve got news for you: you CAN be a successful part time real estate agent.
If you want to be a part time real estate agent, then don’t let the haters tell you it’s impossible. If I can do it, so can you. Consider this: your choice of brokerage can make or break your success as a part time Realtor.
Personally, I chose eXp Realty part time exactly BECAUSE it is the only brokerage that could provide the flexibility to train, get support, and work outside of my regular work hours.
Here are 10 reasons eXp Realty is perfect for part time agents:
100% Time and Location Flexibility
Virtual Live and Recorded Training
Accessible Support Staff of 400+
30,000+ Agent Collaborative Workplace
High Value 80/20 Split & Low $16K Cap
No Stigma Toward Part Time Agents (An Industry Problem)
Local Mentor Program
Personalized Website with CRM and Marketing
Local Agent Teams
Revenue Share Program
1 – 100% Time and Location Flexibility
It’s 2021. We stream TV anywhere on any device. We can work from anywhere in almost any profession (as we have learned during COVID-19). Why shouldn’t real estate be the same?
There’s no good reason an agent should HAVE to go into the office, or pay for an office for that matter, to get training, write a contract, set up a search, or anything else for that matter.
Perhaps the most obvious reason eXp Realty is perfect for part time agents is the complete time and location flexibility provided by a cloud-based brokerage. We’ll go into more detail on specific virtual aspects of eXp Realty, but just know that you no longer need an office or to work a specific set of hours to be successful as a real estate agent.
2 – Virtual Live and Recorded Training
Inside an eXp World agent training session – each avatar is a real person!
eXp World – our virtual training and support environment – gives real estate agents the opportunity to take 50+ hours of LIVE training every single week. Plus, each state holds their own state-specific new and current agent training and meetings every week.
Why does virtual training explain why agents succeed at eXp Realty part time?
At a smaller office, agents learn limited skills from whoever is teaching them whenever they are available.
eXp takes the TOP agents of 50,000 agents from around the country and world and puts them directly in front of you!
You get to ask questions and learn from these top producers directly! They are the very best at their niche, so why not learn from the very best.
At eXp, the top agents in the WORLD are hand picked to present their skills and knowledge LIVE, directly to you. I don’t know any other brokerage doing anything close to this.
Experience eXp World for Yourself!
Here’s the calendar of eXp live training going on in the near future:
Would you like to take some live eXp training for free? Schedule a call with me and we can send you a free eXp World Guest Pass so you can experience for yourself why eXp Realty is perfect for part time agents - or every agent, really!
Just a FRACTION of the list of available-anytime on-demand recorded training within eXp’s Workplace collaboration network!
On top of all the live training happening all the time, most training is recorded and available on-demand on our collaborative Workplace! This is fantastic for those who can’t necessarily take a bunch of time off of work right now to get training.
The ability to train when you want and where you want is a big reason why eXp Realty is perfect for part time agents.
3 – Accessible Support Staff of 600+
There are over FOUR HUNDRED staff members at eXp Realty, all working for the agents. Can you say the same about other brokerages?
The best part is, they are accessible in many ways. During weekdays, you can INSTANTLY pop in to eXp World and meet with your broker, broker support staff, tech support, legal assistance, marketing, and more! Just a little glimpse of what visiting the Florida broker office is like:
State Brokerage Offices and Support Staff
As a part time Realtor, you will find this incredibly helpful because in seconds I can pop into my brokerage office and get a question answered! You can check out all these support functions yourself, just chat with us about an eXp World Guest Pass.
4 – 50,000+ Agent Collaborative Workplace
At the time of this writing, there are over 50,000 agents with eXp Realty across the US, and Canada, the United Kingdom, Spain, India, and Australia - we’re everywhere!
Perhaps the coolest part about eXp is the Facebook-built Workplace where all the real estate agents collaborate with each other! No one cares if you are new or experienced, full time or part time, everyone helps everyone else all the same. There are groups for each state, city, marketing groups, commercial groups, CRM groups, and so much more!
Got a question? Pop on over to Workplace and post it! You’ll get answers!
What Workplace looks like (Built by Facebook)
Want free leads for your area, or know someone moving to a different market? Hop on the Referral Network on Workplace to get or give referrals for a cool 20-25% or so referral fee! You can find agents all over the US for your clients and vice versa to supplement your income and increase your clients!
I have received and provided Referrals to agents all over the USA. Great way to increase your revenue!
5 – High Value 80/20 Split and Low $16,000 Cap
As a part time real estate agent at a brick and mortar brokerage, you may feel like you are paying more in fees than you are actually using or getting value from.
Why pay for what you don’t need or use? If you can’t actually attend that in person training at that time, why pay for it? Why pay for that office you don’t use? If you generate your own leads, why split 50% with your broker? Agents can boost their take home commission just by switching to eXp.
Not only that, but the cap is super low, at just $16,000. After that, it’s 100% commission, less a transaction fee (similar to many brokerages). At eXp, you can truly earn more than at many other brokerages, especially as a part time agent.
6 – No Stigma Toward Part Time Agents
So you got your license and you want to start working part time. You interview with a few traditional brick and mortar brokerages but your reception is… lacking. I’ll tell you why: the brokerage wants top producing agents. If you are just going to do a deal here and there, even one a month, you’re probably not going to get the time of day.
It’s not personal, it’s just business. If the broker only has limited time in the day, will he/she be more motivated to spend it on a new or established full time agent that will net them more income, or a part time agent whose income is largely uncertain? Spoiler alert: it isn’t the part timer.
But you guessed it: eXp is perfect for part time agents because YOU determine your effort and outcome. The broker and support staff treat everyone the same. Your tools, training, website, marketing materials, and support come with the monthly fee of $85, regardless of whether you do 4 transactions or 40 transactions a year.
At eXp, all agents are valued - “if you succeed, we succeed.”
That’s also why the fees are structured differently than most brokerages. For example, you pay $25 per transaction for your broker to review your contract and documents. Instead of paying $500 up front for E&O insurance as many brokers require, you just pay $40 per transaction up to that $500 a year. Again, why pay for more if you aren’t sure you’ll use it?!
7 – Local Mentor Program
Generally part time agents are newer agents, often trying to transition from a different full time or part time career – and this is totally cool! But it may be daunting to join a cloud-based brokerage without the safety net of local help to lean on. But never fear!
If you ARE a new agent, eXp Realty will enroll you in the eXpand Program for new agents. There you’ll get extra training and you’ll be assigned a local mentor – an eXp agent in your market with real experience.
You get a no kidding assigned, motivated mentor!
Getting licensed is one thing. But street smarts is totally different – hence the need to have a mentor! Many brokerages may assign a mentor, but you may find that due to the stigma of being a part time agent, their motivation to help is lacking.
Unlike many brokerages, at eXp mentors are compensated: you share 10% of your commissions with them on your first three transactions. Call it what you will, but this motivates mentors to be active participants and actually give you the time and assistance you need to be a successful new agent!
8 – Personalized Website with CRM and Marketing
Another reason eXp Realty is perfect for part time agents is that the company provides a powerful CRM tool called kvCORE (previously known as Kunversion). If a real estate agent was to go out and buy this tool on their own, it would cost $299 a month. At eXp, it is INCLUDED!
kvCORE enables agents to have a personalized website with listings from their local MLS, with free and paid lead generation tools, automated marketing, and management of their clients and leads.
Check out my site at marilyndash.com
kvCORE comes with an amazing training program and is ready to be used by agents to build their sphere, manage leads, and grow their transactions! It comes with text codes, email marketing, text marketing, integrated Google and Facebook ads, a Craigslist plugin… the list just goes on.
9 – Local Agent Teams Supportive of Part Time Realtors
Not comfortable with going fully cloud-based? Would you like to have at least a few other agents to work with? Want to have leads generated for you so you can just focus on transactions?
At eXp, agents and former broker-owners can form local agent teams! These can be structured in many ways, but generally it works like this:
The team lead performs marketing to generate client leads
Team agents take those leads and conduct the transactions
The team lead and agents split commission in some fashion
10 – Revenue Share Program
eXp Realty agents are rewarded for attracting agents to the company in the form of revenue share. Revenue share enables agents to build an additional income stream and can help them reach retirement.
eXp’s revenue share program can be a life changing income stream. Over time, part time real estate agents can build a lucrative income stream as a reward for their efforts.
To understand how revenue share works and just how much you could make, check out our own custom eXp Realty revenue share calculator! I am proof that you can do this as a part time real estate agent!
Here is a little glimpse of eXp Realty’s revenue share model:
Click on the image to Learn More About Revenue Share
What to do now
eXp Realty has been absolutely life changing as a part time Realtor. At eXp, you can build a business and transition into real estate on your own terms! We truly believe that there is no better model for part time real estate agents (or ANY agents) and that it’s only a matter of time – why wait?!
To learn more about why eXp Realty is perfect for part time agents, check out my website - About eXp Realty or schedule a private strategy call.
There’s no better time than today to build your massive business - whether Part Time or FULL Time!
Saturday, May 1, 2021
Wednesday, April 21, 2021
Thursday, April 15, 2021
Home Buyer Success Package
Buyer Success Package
Dear Home Buyer,
Re: Your guide to buying a home in Nevada
Thank you for the opportunity to help you with the most significant and largest purchase of your life.
We have helped many buyers, just like you, and yet the importance of this transaction to you is not lost on us. We know it’s exciting and scary at the same time. Don’t worry, we are here to guide you and help you every step of the way. We have the experience, the local knowledge and the interest to help you make the best possible home purchase and decisions.
A home is about how you feel when you walk through the front door. The way you can instantly envision your life unfolding there. It’s about more than real estate. It's about your life and your dreams.
We love matching you with the home you have always imagined. It's incredibly fulfilling to know we are helping you open a new chapter of your life. That's why we work so hard to not only find that perfect home, but also to handle every single detail of the purchase process from negotiating the terms of sale to sharing our considerable resources including good lenders, inspectors and so on.
This package contains helpful information for the home buying process. We’ve prepared it just for you!
Review this information packet prior to our meeting so we can spend quality time focusing on you and your new home when we meet.
We appreciate the opportunity to earn your business.
Sincerely,
Marilyn Dash
REALTOR ®
OUR MISSION
Our aim is to provide exceptional personalized service while attaining your goals.
We believe in personal and professional commitment to your objectives and success in all facets of your home sale.
A successful home purchase is one where you are happy in your new home, enjoyed the process and want to recommend us to everyone you know!
We have your back!
OUR PLEDGE TO YOU AS YOUR BUYER-AGENT
WE PROMISE TO:
● Use our Web-based Multiple Listing Service to tell you about all the new listings that meet your criteria
● Walk you through all the forms and paperwork
● Work for you and negotiate on your behalf
● Help you find qualified inspectors, appraisers, attorneys, and any other professional you need ● Tell you if we see something, or know something, you should or would want to know about the home you are considering buying
● Never pressure you (it doesn’t work anyway!)
● Tell you “the hard truth” even if it is something you don’t want to hear
● Attend your inspection and help you review and interpret the home inspection results
● Attend your final walk-through inspection
● Always return your phone calls or emails within 24 hours (usually within an hour)
● Always say “I don’t know” if I don’t know, and make our best effort obtaining answers to your questions
● Give you your choices and options, but never tell you what to do
● Put your needs first
AS PREFERRED BUYERS
YOU AGREE TO:
● Purchase any home you choose in Reno, Sparks, or surrounding area with our help
● Have us write and present your offer to purchase on any home you want to buy
● Be straightforward with us about your financial qualifications
● Tell us if your needs or financial situation changes
● Contact us when you see any property you are interested in – sign, advertisement, new development, online or by word-of-mouth
● Contact us to show you any property you are interested in – that is our job!
● Visit New Construction Sites with us first – the builder’s rep works for the builder. We work for you!
● When at Open Houses, tell the agent you are working with us and fill in Marilyn’s name and phone number in the place of your phone number
● Recommend us to all our friends, co-workers, and family – we will take very good care of them, too!
HOME BUYING PROCESS
1. Decide it’s time to find a new home
2. How are you funding your home purchase?
a. Cash: Document “Proof of Funds”
b. Financing: Get Pre-Qualification vs Pre-Approved
3. Determine your search criteria
4. Find your home
5. Make your offer (in contract form)
6. Contract accepted
7. HOA docs review
8. Home inspections, repairs or credits if any
9. Mortgage appraisal and commitment (If not a cash deal)
10. Obtain homeowner’s insurance
11. Final walk through and Closing
13. Move & Enjoy Your New Home
HOUSE HUNTING GUIDELINES
After our initial consultation, we will be emailing you home listings that match your criteria. Remember we have access to all the listings. If we don’t send a property to you, it is because it does not match your criteria for one reason or another. (Example: if you need a minimum of 2 bathrooms then 1.5 won’t be on your search). You don’t need to search on other websites for listings – you will just be duplicating our efforts. If you have any questions though, don’t hesitate to ask.
ADS / WEBSITES:
If you see an advertisement for a home on the web, on TV, in a magazine or newspaper that interests you, call or email us for additional information! (It could also be that the home already has an offer on it, too!)
FOR SALE SIGNS:
If you see a For Sale sign on a property and want to know more about the price or other information, call or email us ASAP! Calling the number on the sign means you’re dealing with the person who is negotiating for the seller to get them the best price, not you!
FOR SALE BY OWNERS:
If you drive by a home or see an ad for a For Sale by Owner, call or email us for the detailed information. (See a pattern emerging here?) Most For Sale by Owners are happy to work with a broker bringing them a qualified buyer who can help them through the process and get you the benefit of expertise. We manage everything and negotiate for you.
OPEN HOUSES and NEW CONSTRUCTION:
When you visit an open house or new construction site, let the agent know you are working with us. The agent should be happy to show you the home, but like above, remember they are representing the seller and exposing the property to the public in hopes of getting the seller the highest and best price. If you are asked to sign in, always give my name and number.
9 ESSENTIAL RESPONSIBILITIES
OF YOUR REALTOR®
1. Clearly understand your needs and goals
2. Advocate for you
3. Be trustworthy
4. Be competent and skilled
5. Be knowledgeable of the market
6. Know what questions to ask to help determine what you are looking for
7. Help you find your home
8. Consult with you on the buying strategy
9. Manage the process from contract to closing and beyond
10. Keep you fully and regularly informed
WHY HIRE US TO HELP YOU
BUY YOUR HOME
• We are knowledge and trustworthiness
• We are tech savvy and use all the appropriate tools to expose and market your property to our target audience
• We know how to negotiate for you and advocate for you
• We are easy to work with and enthusiastic about helping you buy your home
• We love what we do and it shows
NEGOTIATIONS AND
FIDUCIARY RESPONSIBILITY
Selling homes has given us a unique perspective in relation to real estate negotiations.
While we’re talking about buying the largest, or nearly largest single asset you will own, we are also talking about a highly charged emotional transaction. On all sides.
Understanding the components and strategies to use to your advantage, to accomplish your goals, is paramount. It is a straightforward yet complicated, critical task.
We pledge to bring all our resources and intelligence to bear to achieve your goals. All the while, taking care of you and your family in the process.
You can count on us!
MANAGING THE
CLOSING PROCESS
Finding the right home and successfully negotiating the contract for the purchase of your home is only part of our service.
Getting to the closing table includes several critical steps that we will coordinate and manage with your help.
Some of the steps in the process…
● Scheduling and arranging inspections
● Title commitment review
● HOA docs review, if applicable
● Scheduling and arranging appraisal, if applicable
● Review inspection report and negotiate requests
● Managing additional inspections, estimates, ect. as necessary
● Coordinating the walk through and closing
● Assisting with any final details in cooperation with all parties for a timely closing
ESTIMATED COSTS
Mortgage Fees $1,000 - $5,000*
Depending on the lender and the program that best fits your specific needs, application fee, appraisal, credit report, survey, bank attorney review fee, and other fees. Points, if any, are 1% of the loan amount. Please inquire of your lender - they are all different. You may be required to include PMI (Private Mortgage Insurance). Your lender will have more answers for you.
*More if jumbo loan
Inspections $400 - $2,000
General and structural inspection, plus radon, pest and sewer inspections. Other inspections may be warranted, ie: asbestos; water; lead paint; chimney, and others, depending on the situation.
Title Insurance $1,200 - $3,000
Based on the purchase price and mortgage amount. Includes preparation of New Deed & Affidavit of Title
Homeowner’s Insurance $800 - $5,000
This is also based on the price/value of the home, and of the valuables to be insured. The premium for 1 year will be paid at closing plus an escrow of 2-4 months towards the following year’s premium
Interest Due on the Loan
This is for the balance of the month in which the closing takes place. The later in the month the closing takes place, the less the interest paid at closing
Property Tax
Will be prorated as of closing day. As the buyer, you pay the taxes as of the day of closing. The lender will also require an advance payment of 2-4 months for your escrow account
Utilities
Gas, electric meters should be read immediately prior to closing.
Home Warranty $500+
Home Warranty can alleviate some of the financial burden of new homeownership. We have used it for a new oven, water heater, etc. It is an excellent security blanket from unexpected repairs.
FREQUENTLY ASKED QUESTIONS
HOW LONG WILL IT TAKE TO BUY MY NEW HOME?
To find your new home can take anywhere from 1 day to 2 years or more - that is really up to you! Once we find your home and the offer is accepted, you can close as quickly as 10-15 days if you’re buying with cash, or 20-30 days with a loan (or you can delay closing to between 60-90 days)
WHAT HAPPENS WHEN WE ARE TOLD THERE IS MORE THAN ONE OFFER?
I have heard clients claim that the listing agent is making up other buyers… If it is found out that they are, they can face fines and lose their license and ability to earn an income. It’s just not worth it! Do buyers withdraw their offer (for any number of reasons)? Yes, but it is not very common!
HOW CAN WE WIN A MULTIPLE BID SITUATION?
I have had clients whose friends have made 2, 3, even 8 or 10 offers before finally getting the dream home… and then we know some who have won on the first try - and we’re not even the highest offer! It all comes down to your own unique situation, the terms the seller is looking for, and of course knowing how to negotiate and listen! We work with you to help you be the best possible qualified buyer to help you have buying power!
ZILLOW SAYS THE HOME IS WORTH & PREVIOUSLY SOLD FOR...
Well, a home is only worth what a buyer is willing to pay and a seller is willing to accept (Zillow said our friend’s home was worth $420,000 and they sold it for $776,000). An algorithm can’t take into account views, updates, changing market conditions, newly listed vs being “stale,” etc. This is where your REALTOR® comes in.
DO YOU USE AN ELECTRONIC SIGNATURE SYSTEM?
Yes, we do and can provide a simple and seamless document handling system that can be accessed from your computer, tablet, or smartphone with ease. Part of my job is to make this process easier for you.
NEXT STEPS
● Review and sign the paperwork
● Get Pre-Approved - if not already (if financing)
● Get Proof Of Funds Letter (if paying cash)
● Determine & review your search criteria
● Let’s make a list…
Let me know if you’d like to get a copy of my book in electronic format or paperback.
Marilyn Dash ** 415-999-9087 ** marilyndash.com ** marilyn.dash@exprealty.com
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