I have this crazy idea at the age of 55 to become a real estate agent. I only want to do it part time while keeping my full time, salary earning job. Is that feasible? Are any of you doing this part time as a side hustle? Is that doable? Also, if you don't mind, are you brining in good money doing it part time? submitted by /u/Representative-Mean [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vtr39v/real_estate_agents_part_time/

In a bit of a heated debate with my business partner over this. Wes spent quite a bit of money on EDDM mailers to a farm of roughly two thousand homes that we’re trying to break into (probably about ten mailers over a six month period costing ~15 grand) and it did not generate any additional business. We were splitting costs and I finally said we have to pull the plug because I’m not seeing any benefit for the huge capital outlay. My partner thinks if we stop now we’re wasting the money we’ve already spent but to me that sounds like a “sunk cost fallacy”. Curious to hear other’s thoughts on A) whether mailers have worked for them and B) if I should continue out laying ~$700 / mo. to send them to our sphere and new farm. TIA! submitted by /u/mikemitch38 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vtoias/eddm_mailers_yea_or_nay/

I have noticed this in the past but a lot more so recently. My visibility into the MLS is via Redfin mostly. I have noticed, in the two states where I've lived recently, that properties are often pulled and then relisted. In these cases, if you look at the history section the previous listing is no longer mentioned. The one I noted just now, the listing that has been up for months is not visible yet a previous listing from 10 years ago shows as pulled. How are these listings being reset as new listings? submitted by /u/Balmerhippie [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vt1axd/a_question_for_agents_real_property_sale_history/

when i visit SEA, i always heard about apartment building or houses rented out but the owner is somewhere in china or US. i have a fully paid off house in us, but my family is in asia and i plan to return there in the next few years. selling this house could prob net me 500-600k in the current market but that feels like a shortsighted decision. ive been renting it out for airbnb and its been quite successful, but can i continue that when i moved back to asia? how do those real estate bosses manage properties in diff countrries? i assume employees or a rental property management company. but how do they make sure they dont get cheated on by the management? submitted by /u/blade276 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vsw6op/how_do_people_manage_renting_out_their_property/

My fiancée and I have been looking for our first home for a little over a year now and I think we have both finally reached our limit of burnout. We bounced around open houses before finally getting an agent and lender and getting serious. For awhile we were figuring out what our range and must haves were and while tiring, we kept at it. Finally we found a house that was within our range in a really good area and for the first time, felt we had a serious shot at it. We made our first offer which was both exciting and down right terrifying, but really felt good about it. Sure enough, we were just outbid from our comfortable max range and left with nothing after all that emotional energy was put in. I know this happens all the time and we’re far from unique, but it feels we both need a reset. Main question is how often do you takes breaks to balance avoiding burnout, but also not often enough that you miss another opportunity. I’m not sure how long it’ll take as this is all a big first,...

We have a house on the East Coast that we try to spend a good amount of the summer at. Our primary residence is in LA, CA so the second home is not somewhere we’re back and forth to throughout the year, it’s basically just a summer home. This year we were there 7 weeks, last year it was closer to 2 months. We don’t rent it out, but we have family/friends who will pop in and stay there sometimes. We also have a property manager who keeps up the place while we aren’t there. It’s hard to justify only using the home <2 months out of the year, but when we are there, it’s a very special place to our family. My parents also live out there during the summer so my kids get to be around their grandparents more than usual. We’re not opposed to renting it out just scared of people being disrespectful, damaging, stealing, etc. submitted by /u/PassionChoice3538 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vryvnr/how_much_time_at_a_vacationsecond...

Am currently selling a house in the country. There have been price reductions, and now sits within the county assessed value and zillow estimate. The market in my area has been slow. Its vacant, and does need some things, Currently at just under $400, had accepted an offer of $10k less. After inspections the counteroffer was $105k less than that. It has a new roof, structurally sound. Does need updates. What concerns me is that the offer was from another agent in the brokerage I'm using. (specific no dual agency on contract) There was language included in the offer disparaging the property. It seems so off base I'm surprised it was even written up. It seems a bit shady. But I'm not familiar with the process, so am hoping for some guidance. Thanks for the time to read. submitted by /u/butchdog [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vrnrnd/concerns_about_agent/

I guess its more of a very long rant. TL:DR Tried to be as nice as possible, instead got a lot of headache, down on money and now thinking what to change next time. Changed payment dates to accomodate, bought furniture that they asked for, installed AC that also needed new power socket and line from breaker with my own money, fixed broken stuff next day without asking how it broke and paid for urgent repairs, ignored subrenting room to an undisclosed family member, allowed to pay half of rent in january with promise to pay the rest till the end of the year when the contract is up for renewall (without late fees), and in summary there were 4 instances of late or partial payment where I didnt ask for any late fees. In the end they notified me that they just had a new baby, asked to lower the price that is already 15% below market, said they will probably renew even if I dont lower (I havent increased in 3 years at all), and surprised me with less than two weeks notice that they are not r...

this is revised from my earlier post as yes I forgot to factor in everyone doesn't live alone, but 29% of people in 2024 do, 267,454,918 people in the US are age 18 and above. (267,454,918 x 29% = 77,561,926. take that number and subtract it by 267,454,918 to get 189,892,992 then divide by 2 and add the 77,561,926 back for a final total of 172,508,422) As of 2024 we had a minimum of 140,000,000 houses which means we are short 32,508,422 houses as of 2024. submitted by /u/NerdlinGeeksly [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vrhftp/i_calculated_how_short_we_are_on_housing_in_the/