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  1. Lucas

    Critique my classified advertisement

    Hi Adam...Overall I think its good although I would definitely include a price and if utilities are included. Also, your wording -"CLEAN, new or upgraded..." is somewhat awkward. What message are you trying to convey to your target? Affordability? Location? When I was a student looking for...
  2. Lucas

    Enjoy competition? Becoming a REALTOR is for you!

    At the end of the day, if a person wants to be successful at Real Estate (I mean REALLY successful...not 100k or 200k but in the 500k to 800k range/yr), they have to step out financially (I know of Realtors have have operating budgets in upwards of 300k/yr) and MASS MARKET!! Regardless of...
  3. Lucas

    Alternative Commission Structure for Realtors? Thoughts?

    I mainly act as a buyers agent and to create a SUSTAINABLE business, I always try to get the LOWEST price possible in every deal I do with clients. As well, I enjoy negotiating with my collegues and have never thought about the 150$ earned by "giving up" 5k at the back end. Honestly, the vast...
  4. Lucas

    Alternative Commission Structure for Realtors? Thoughts?

    This is an intelligent post. Most people think too much about what the agent(s) rcv from the transaction and less about their own bottom line. I was in the business of flipping houses before I became an agent and I had an agreement like this in place with my agent...The majority of the...
  5. Lucas

    Radical changes coming for CREA

    Hey JD, I tried my best to slip it in there unnoticed (lol)...I am on this board quite frequently doing my best to help people. Your comment seemed pretty slanderous so I though I would chime in to defend what I do... Real Estate agency is an old industry...if Realtors were redundant...
  6. Lucas

    Radical changes coming for CREA

    Hi JDaley, Relaotrs commissions are negotiable...the 7% and 3% split is not set in stone or law or policy. You, as a seller, can approach any realtor and ask them to sell your house for the amount of mobney you feel is fair and there are many realtors and brokerages that would oblige... AND...
  7. Lucas

    Why Am I Having A Hard Time Finding A Property?

    I`m from Edmonton so not too sure of market rents in Calgary but looking at your expense numbers, I would say you`re actually a little light on expenses...especially for an older SF property w/ suite. However, if you are currently renting, I can see your impetus in getting into an ownership...
  8. Lucas

    Is Working This Way With Your RE Agent Possible?

    Hi, I should have been more clear... My clients "find stuff" (am I quoting myself??) on MLS (or comfree, kijiji) and I approach the listing agent on behalf of my client. My clients do not approach the listing agent themselves as this would potentially harm their negotiating leverage (ie. they...
  9. Lucas

    Is Working This Way With Your RE Agent Possible?

    Hi Neil,Pls see answers below...in BOLD QUOTE (investmart @ Jan 24 2010, 01:40 PM) Good points Lucas! can you also answer some of the questions: would you agree to work with an investor this way? I would hesitiate to work with a client that was approaching Realtors not only from a...
  10. Lucas

    Is Working This Way With Your RE Agent Possible?

    Hi Neil, Your agent SHOULD be responding within hours unless thsy let you know that they were on holidays or something. If you are a serious buyer there should be a HIGH level of motivation on the part of your realtor. The only thing that ever holds me back from an almost instantaneous answer...
  11. Lucas

    I am looking to specialize in Lease to Own

    Thanks Tony, I appreciate your thoughts...I definitely see the benefit in creating successful situations for both Tenant/Buyer and myslef in these transactions. Obviously, this model would lend to a much more sustainable business...and ultimately a much more profitable one. I will definitely...
  12. Lucas

    I am looking to specialize in Lease to Own

    Hi Vener, I did enjoy Tony`s workshop. I just want to compare his system with others AND get as feel for what other people are doing. Also, I wanted to create a thread where this type of investing is discussed as I am very serious about moving forward into the industry. Thanks, Lucas...
  13. Lucas

    I am looking to specialize in Lease to Own

    Thanks!! QUOTE (markl @ Jan 23 2010, 12:11 AM) 90% of my LTO business is tenant first. I prefer this method. I do get sellers approaching my to buy their houses. This is really just a bi-product of being active in different real estate markets. I do not advertise or market for these deals.
  14. Lucas

    I am looking to specialize in Lease to Own

    Hey Mark, Did you notice my questions/statements/assumptions in my previous post (3 posts up or so...)? Are the statements/assumptions accurate? Which "type" of RTO transaction do you prefer? Which type do you do the most of? Do sellers approach you to purchase their homes? If so, do...
  15. Lucas

    I am looking to specialize in Lease to Own

    The problem with all your questions is one would have to write a novel to respond in fact I did. By the way...this is a funny line...
  16. Lucas

    I am looking to specialize in Lease to Own

    Thank you both (Andy and Mark)... I am leaning toward tenant first RTO's. However, I still want the authority to make the final decision when purchase time comes. The reason I like the tenant first is that they are likely to purchase the property at the end of the term. I like the idea of...
  17. Lucas

    I am looking to specialize in Lease to Own

    Thanks Mark, I appreciate you taking the time to respond. I am still in the initial stages of planning. My first step was taking Tony's workshop. This is my next step...finding out what other people are doing!! Thanks again and I will definitely check out the downloadable presentation...
  18. Lucas

    I am looking to specialize in Lease to Own

    I am looking to take the next steps in becoming a "Lease to Own" expert. I just attended a Tony Peters workshop and was absolutley blown away by the potential and by the business model. I am looking for forum recommendations on Lease-to-Own specialists and the systems that they have created...
  19. Lucas

    Realtor for condo`s in Alberta

    Hi Joe, I am a Realtor/Investor based in Edmonton. I am familiar with many of the condo cmplexes as well as most of the metro-Edmonton cities. I have been working almost exclusively with REIN members for 2 years. For a detailed description of my services visit my member homepage. Thanks Lucas...
  20. Lucas

    Anyone Recommend a great Calgary Realtor?

    Hi Toben, From the forum I have noticed that Brett (Redline Brett...sorry Brett...not sure of your last name) and Godfried Wasser (Gwasser) are realtors and investors in Calgary. There are probably more on this forum...these two names are the ones that I see most frequently participating in the...
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