So actually you don't need to sign a tenant agreement for tenants, only for buyers. This might change in the future but as it stands now the nar isn't making us do that
I've been trying this and I haven't been able to get one lease closed despite a lot of work. It's for one reason or another. In my state the renter pays the commission but there are literally thousands of MLS rental listings that get rented every year so that doesn't seem to deter a lot of renters. The people I worked with either ended up finding something that wasn't on the MLS, or the lease fell apart at the signing, or their application got rejected or they didn't like the apartment or the apartment was already taken or the listing agent wasn't responsive etc. etc. I 've been thinking about doing your Rentspree idea of having them fill that out first and just submitting the application without even seeing the apartment first which might make it more efficient. I feel really discouraged. I would be happy to work my tail off if I got paid for my efforts but I've been working my tail off with nothing to show for it.
It took me years of really getting good at this, but you should be closing at least a couple deals a month. Unless you're doing something drastically wrong. I'm guessing you're probably in Massachusetts? I did create an entire program specifically for this. Definitely check it out. I know it would help you at least close a few deals in your first month www.richwithrentals.com
@@AndyColeman Yes I'm in Massachusetts. Wanted to get at least a couple of deals under my belt so that I could afford your program. Guess I'm in a Catch 22
@LaBellaFortuna I do have a payment plan option for just 500 bucks to start which would at least get you your first couple deals in your first month As long as you just copy everything I teach and to put in the effort
It's only like $35 so if you know what to say to them and are confident then 90% of people will do the rentspree. It just makes more sense then seeing a place first
I teach all of this in my program and this would save you years of trial and error instead of wasting hundreds of hours trying to figure it out. www.richwithrentals.com
I think we are literally competing with each other. Our numbers are similar and Im closing all over Palm Beach and Boca. I’m getting ready to roll out 10 videos myself over a month, to step up the game. NAR SETTLEMENT is going to have alot of Competition encroaching on our game. Maybe it’s time to stop teaching people how we do this my guy. JS
99% of agents won't listen and get blinded by the big $$ amount of a sale. They think why do 5 rentals when I can do 1 sale. Trust me it'll take 20 years of posting 100 videos a day until us rental agents have any actual competition like buyer and seller agents do now.
@@AndyColeman I hope you’re right. The settlement can change things though and only time will tell. I love that you highlighted the Rentspree thing. I plan on sticking in my. Ideos as well and weeding out property managers whom don’t take it. IE Innovation homes, Progress residential. Let’s atleast go hard on that and secure are system and income for years to come here.
@jonathanbabilonia9204 Rentals are so easy now compared 2/3 years ago.. I only spend a couple hours a day for my own deals and I'm still able to do about 10 a month (I just started again 5 months ago). And the agent should be doing 20 deals a month if they're in our area if they know what they're doing
Soooo refreshing to watch a video that gets STRAIGHT to the point!!! Thank you!
You're very welcome! Did you know and use any of these strategies btw??
No but going to start!
You really should! It's a game changer depending on which state you're in! What area are you actually in btw?
Hey, I’m a realtor here! Has your strategy changed since the new NAR updates ? Since we now have to have an agreement before showing a house?
So actually you don't need to sign a tenant agreement for tenants, only for buyers. This might change in the future but as it stands now the nar isn't making us do that
I've been trying this and I haven't been able to get one lease closed despite a lot of work. It's for one reason or another. In my state the renter pays the commission but there are literally thousands of MLS rental listings that get rented every year so that doesn't seem to deter a lot of renters. The people I worked with either ended up finding something that wasn't on the MLS, or the lease fell apart at the signing, or their application got rejected or they didn't like the apartment or the apartment was already taken or the listing agent wasn't responsive etc. etc. I 've been thinking about doing your Rentspree idea of having them fill that out first and just submitting the application without even seeing the apartment first which might make it more efficient. I feel really discouraged. I would be happy to work my tail off if I got paid for my efforts but I've been working my tail off with nothing to show for it.
It took me years of really getting good at this, but you should be closing at least a couple deals a month. Unless you're doing something drastically wrong. I'm guessing you're probably in Massachusetts? I did create an entire program specifically for this. Definitely check it out. I know it would help you at least close a few deals in your first month
www.richwithrentals.com
@@AndyColeman Yes I'm in Massachusetts. Wanted to get at least a couple of deals under my belt so that I could afford your program. Guess I'm in a Catch 22
@LaBellaFortuna I do have a payment plan option for just 500 bucks to start which would at least get you your first couple deals in your first month As long as you just copy everything I teach and to put in the effort
Hello thank you for the video!! How do you ask the 300$ additional fee for you as a realtor?
Hey you're very welcome! I break everything down in depth in my program actually. It's added to the commission though
www.richwithrentals.com
Andy how do you convince them to do the rent spree app up front especially since there is a fee?
It's only like $35 so if you know what to say to them and are confident then 90% of people will do the rentspree. It just makes more sense then seeing a place first
Im in south fl. How would i add the transaction fee for the tenant. Would it be written on an Addendum? Or on the actual listing agreement?
I teach all of this in my program and this would save you years of trial and error instead of wasting hundreds of hours trying to figure it out.
www.richwithrentals.com
I think we are literally competing with each other. Our numbers are similar and Im closing all over Palm Beach and Boca. I’m getting ready to roll out 10 videos myself over a month, to step up the game. NAR SETTLEMENT is going to have alot of Competition encroaching on our game. Maybe it’s time to stop teaching people how we do this my guy. JS
99% of agents won't listen and get blinded by the big $$ amount of a sale. They think why do 5 rentals when I can do 1 sale. Trust me it'll take 20 years of posting 100 videos a day until us rental agents have any actual competition like buyer and seller agents do now.
@@AndyColeman I hope you’re right. The settlement can change things though and only time will tell.
I love that you highlighted the Rentspree thing. I plan on sticking in my. Ideos as well and weeding out property managers whom don’t take it.
IE Innovation homes, Progress residential. Let’s atleast go hard on that and secure are system and income for years to come here.
@jonathanbabilonia9204 Rentals are so easy now compared 2/3 years ago.. I only spend a couple hours a day for my own deals and I'm still able to do about 10 a month (I just started again 5 months ago). And the agent should be doing 20 deals a month if they're in our area if they know what they're doing