Today we had a client meeting in Durham for a Biochemical businesswoman looking to buy an investment property. We discussed how she originally was looking at realtor.com or Zillow for homes, something that makes the exclusive MLS obsolete. Tiffany explained that those websites are selling your information to real estate agents who can then see what homes and areas you’re looking at to eventually try and become your agent. The woman was scared her information would be sold and was frustrated that every time she liked a property it turned out that the information on those websites were 1-2 months outdated and she, therefore, contacted Tiffany Alexy who she met a couple months ago at a networking event. We also discussed the Chatham Park Project, a place in Pittsboro, NC that will be developed in the next 20-30 years to become another town modeled after Cary. Because it is not yet developed, the properties there will give you more “bang for your buck”, but you will have to live through construction and requires a long drive into the city. I also learned that Tiffany Alexy’s ultimate goal is to become the next Barbra C. (form shark tank) who sold a successful real estate company to eventually invest in other companies.
Tag: realestate
Meetings, Developments, and More!
Today made yesterday seem like a piece of cake! We got to KW at 9:30 this morning (the normal time) and worked on our independent projects for about 15 minutes before we met with the team leader (CEO equivalent) Sarah for about 2 hours. Sarah covered EVERY base possible in terms of real estate and becoming an agent. She gave me much deeper insights into development and what it takes to be a developer (the path I hope to pursue) as well as much more. She gave us a great lesson in the necessity of hard work, telling us that if we put our all into it we could be easily making upwards of $500,000 at age 25 (not too shabby!). Sarah then told us about her story and how she began as a development team member and has risen through the ranks, running both a successful team in Charlotte and Durham as of now. Right after we finished with Sarah, we met Kandyce, the coach of the office. While she too gave us insights into real estate, she spent much more of her time explaining the principle of loans and equity, as well as interest. Interestingly enough, she said that we could easily get our licenses at age 18 and start then! Imagine that! She gave us tons of tips to survive HS and College, as well as then giving us tips on how to be successful in life. She said to always have a source of money, which shouldn’t be an issue for her as she currently runs 6 successful businesses! While Kristin wasn’t in the office today, she sent us to go check out some new developments and while today we were not able to tour them, we got to know the area and we are expecting to tour some tomorrow and next week. Tomorrow, we are meeting with the head of development as well as touring a home, so it seems like we will stay busy!!
Day 2- Investors Meeting
This morning I met Tiffany‘s cousin Olivia who is also interning with her for the next two weeks. Today we met with potential investors for investment properties and potential investors in her company. Because it is a start up company, she is looking for more of brokers and people to expand her business. Therefore, we worked on growing her Facebook groups to have members request to join by joining similar Facebook groups like buying and selling real estate or Raleigh or Cary real estate groups and posting about Alexy Realty. This way we can try and to get more customers looking at Alexy Realty in addition to potential brokers or agents to join the team as well. She is still looking for the right office space in between Raleigh and Durham and Cart because she has to do a lot of driving since she works in the triangle and in western Wake. Finding a good central place is difficult because she will eventually want to meet clients in her office and she wants it to be convenient for all. Tomorrow we will meet another investor and potential property buyer who works in biotechnology in Chapel Hill. Today, many people form different job backgrounds are seeing how lucrative real estate can be.
Day 2 at KW Elite
Oh what a day it was! It was a very nice morning, as I was able to sleep in since we weren’t required to be at the office until 10:30 this morning! Once we got there, Kristin put us to work with our 3 main ongoing projects: new development reviews, a social media revamp, and a calendar. With the calendar, Natalie and I googled fun holidays like Lazy Day, Chocolate Day, or Donut Day (this Friday!!) that the office can enjoy as a whole. After about an hour of work, we got in the car and drove out to North Durham for our first listing appointment. Truth be told it was far, but it was a super fun drive as Natalie and I jammed to our new WEP playlist! Upon arrival, we met Kristi’s fellow agent Dona and she gave us some quick background on the client. The client, Renee, was planning on selling her townhouse to move to a larger one closer to work. During the consultation, Natalie and I learned a TON. We learned a lot more about mortgages and loans, what work should be done to a house, as well as some people skills necessary for the job (aka managing expectations). As we continued the consultation, we took a tour of the house and learned something that stuck with me the most: don’t put too much work into a home! Afterwards, we headed to lunch and finished our work for the day! I can’t wait for tomorrow!
Day 1 at Keller Williams!
Oh what a day it was for Natalie and I! After going on my first *real* work commute all the way out to Durham, Natalie and I were greeted with a huge smile from our new best friend, Ms. Kristi Burkett. After we introduced ourselves, she took us to her mini office/conference room for some background. She told us why she got into real estate, what drives her everyday, as well as why the market reacts the way that it does. Afterwards, she gave us an office tour and we saw all of the different cubicles that were there. Something that was interesting to me was the fact that their office was actually many different smaller teams that were all united under one umbrella company — Keller Williams. With this in mind, Kristi introduced us to many of the other agents, including two that actually are involved with land development (my hopeful career path), so it was super cool to meet all different types of agents. She then took Natalie and I out to lunch at my personal favorite, Zinburger, and we all had a super good conversation about Cary Academy (her daughter is currently a sixth grader). After lunch, Natalie and I snapped some quick photos of the office before we attended a training class centered around how to host a successful open house, hosted by a guest speaker. It was super informative and we both learned that to have a successful open house you actually should not make it very formal and honestly to make it more of a party atmosphere. We then learned about sphere of influence more in depth, something very useful regardless of fields. We are both super excited for tomorrow, where we plan to tour one to two new construction developments, as well as accompanying Kristi’s colleague, Dona, to a listing appointment!
Day 1- Social Media Bulking
I met realtor, investor and CEO of Alexy Real Estate today in Sola Coffee Cafe. We went over the goals of the internship and what all I could work on over the course of the next two weeks. Because she does not yet have an office, we will be meeting in cafes and going to listing appointments around the Raleigh, Cary, Durham area. I focused on social media today because her Instagram and facebook needed to be bulked in order for her to gain more leads through followers/friends on each social media platform. I have been made an administrator of her social media accounts. On facebook today, I added pictures of listings to the page. Additionally I have been adding her to Facebook groups so people in similar buying and selling groups can see her page and request to join. These followers or group members can turn into potential customers, so getting as many group members on social media was the goal. I also worked on instagram to highlight her stories and do an intern takeover of her business’s story. This social media help will continue throughout the week alongside open houses, closings, and listing meetings.