Lisa B and Susan Milner – Real Estate – Australia vs America

Lisa and Susan Milner
Susan is a broker (our equivalent of a licensee) in Cape Coral – Florida in America.

Hi Susan

Thank you for joining us today

I have been wanting to catch up with you for some time as I have been really interested in seeing what other real estate agents are doing all over the world.

It’s a crazy time at the moment as we are going through Corona Virus lockdowns etc.. but I wanted to find out pre CV, during CV and how you think post CV how your market will hold up.

 

Firstly… I want to cover some US terminology

A broker

In escrow

Closing

Do you call a homeowner a vendor?

I would also love to discuss licensing, Board of Realtors, MLS etc

Zillow – your thoughts on portals

Some stats… there are less than 100,000 real estate agents in Australia and over 2 million agents in America…

In Susan’s area – There are over 20,000 real estate agents within a 30 mile radius.

  1. Tell me about your agency
    How many staff you have in your agency..
    What’s happening in your office PRE, DURING AND POST CV
  2. How are you all working from home? How have things changed – how have you adapted. What are you doing different? Technology?
  3. Please describe your area – Average selling price – Demographics.. Etc..
  4. What’s your average commission – is it regulated? Explain buyers and sellers and how they pay commission to an agent
  5. You’re in my group Lets Talk About Real estate…. What do you know as differences between Australia and America in real estate?
  6. What is a short sale?  Susan completed literally hundreds of these type of transactions when the market busted in 2008-2011.
  7. Foreclosures / mortgagee sales. What happens with foreclosures there? What happens when people can’t afford to pay the mortgage?
  8. Packing a gun! I find it so unusual to discuss this in the American real estate groups.

 

Susan has a YouTube Channel you can subscribe – HERE

Here is a little more about Susan – HERE