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Rentals…

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I tried to show six rentals today to a prospective tenant.

#1 had been “already rented”. “I don’t know why it’s still on the MLS”. Answer – because you sir are a too lazy f-wad to remove it, or… wait for it…  “I also have one that just came available and isn’t on the MLS yet”. Oh really, spring that no co-broke and didn’t need to advertise in a newspaper trap on somebody else thanks. I suspect that the “already rented” was rented weeks back.

#2 No keys in the lockbox. Call listing agent, “oh my”. Listing agent calls the other tenant to let me in. Other tenant can only open the outer door, and not the actual door to the apartment. Pointless waste of time. Also it’s raining. I hear the backstory in the office later – the landlord was ticked about a lack of showings so just rented the apartment out herself and took the keys from the lockbox the day before. Get it off the MLS then. puh-puh-pleeze.

#3 had been “already rented”. “Jeez I have no idea why the Showbook people let you book an appointment”. Answer – because you sir are a too lazy… you get the drift. And yes, there was also another rental not yet on the MLS all fresh and shiny.

#4 No lockbox, so we actually have to wait for someone to come out with a key. We go to the wrong floor and the key doesn’t fit the lock. The sign on the door says “In Case Of Fire Please Rescue My 22 Cats, 0 Dogs.” We’re calling down to the key master the key doesn’t do squat when the door opens and a young woman opens the door. She could easily be beautiful, but isn’t. Sad eyes trumping stretch marks. We probably scare the crap out of her – I’m six foot and my buyer and his dad are all big too. 

Apparently this is the wrong door. The proper door is around the side somewhere. Thanks key master for allowing us to go to the wrong door. Anyways at the right door now, and after sad eyes removes the two by four butting up against the stairs wedging the door shut, we can head up to the attic apartment.

Ceiling just too low. No hope here. I wish they wrote in MLS remarks “Ideal for Hobbits” or something.

#5 Holy Cow! Keys in a lock box. I’m actually excited by this small mercy. Reasonable size, and price. It’s a possibility.

#6 No lock box, “just came onto the market”, and the key is under the mat. Actually quite nice inside, though the bedroom is kinda over done on wood paneling. All in all, not bad, very reasonable price, decent area.

It’s a go on #6.

I call the listing agent. She grimaces when she gets the call with a “what now?” tone. Perks up slightly when I say my client wants to move in. I ask what she wants for as application process (it varies so much here). “Um oh… I just left the office… well just any application form is fine you guys probably have one (we do) and credit check is $50”.

“It’s what?!”

“Unless you want to run the credit check”.

We use our forms for the application and fax off the credit check report request and charge my client $11 for it. It comes back about 2 hours later and everything is faxed off to the listing agent. I call her up and let her know everything has been faxed in to her, and tell her what a swell kid he is.

And now, we wait.

 

Writer for national real estate opinion column AgentGenius.com, focusing on the improvement of the real estate industry by educating peers about technology, real estate legislation, ethics, practices and brokerage with the end result being that consumers have a better experience.

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5 Comments

5 Comments

  1. ines

    November 26, 2007 at 9:40 pm

    OMG – and here I thought I had a rough day with an agent buyer trying to dispute something after his inspection period was over. Don’t you just love how efficient other agents can be?

  2. Eric W. Gage

    November 27, 2007 at 1:42 am

    This was frustrating for you I am sure, but funny for us who read it! Can you believe there are agents out there that repesent their clients this unprofessional…what an embarrassment. Glad you were able to find something for your client!

  3. Chris Lengquist

    November 27, 2007 at 2:44 pm

    I have a very clean and ready to go 3BR, 1.5BA home with new heating/air and we’ll take care of the lawn for $950 a month.

    However, the house is located in Kansas City’s Waldo neighborhood so the commute might be a little long for your client.

    Oh, and it’s easy to show. 🙂

  4. Kelley Koehler

    November 28, 2007 at 12:35 am

    yeah, yeah, he’s got nothing. i backed over a cinderblock light post yesterday and destroyed it with the back end of my car while showing homes to one of my husband’s employers. no keys in the keysafe – BAH!

    tell you what – next time you start destroying property with important people in your car, or conduct open houses with the back of your pants hanging open, something like that – THEN we can talk about difficult days.

  5. Athol Kay

    November 28, 2007 at 9:14 am

    Hee hee, I wasn’t trying to claim I had a bad day, just that our rental market seems a tad on the side of madness.

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Business Marketing

Bite-sized retail: Macy’s plans to move out of malls

(BUSINESS MARKETING) While Macy’s shares have recently climbed, the department store chain is making a change in regards to big retail shopping malls.

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Macy's retail storefront, which may look different as they scale to smaller stores.

I was recently listening to a podcast on Barstool Sports, and was surprised to hear that their presenting sponsor was Macy’s. This struck me as odd considering the demographic for the show is women in their twenties to thirties, and Macy’s typically doesn’t cater to that crowd. Furthermore, department retail stores are becoming a bit antiquated as is.

The sponsorship made more sense once I learned that Macy’s is restructuring their operation, and now allowing their brand to go the way of the ghost. They feel that while malls will remain in operation, only the best (AKA the malls with the most foot traffic) will stand the test of changes in the shopping experience.

As we’ve seen a gigantic rise this year in online shopping, stores like Macy’s and JC Penney are working hard to keep themselves afloat. There is so much changing in brick and mortar retail that major shifts need to be made.

So, what is Macy’s proposing to do?

The upscale department store chain is going to be testing smaller stores in locations outside of major shopping malls. Bloomingdale’s stores will be doing the same. “We continue to believe that the best malls in the country will thrive,” CEO Jeff Gennette told CNBC analysts. “However, we also know that Macy’s and Bloomingdale’s have high potential [off]-mall and in smaller formats.”

While the pandemic assuredly plays a role in this, the need for change came even before the hit in March. Macy’s had announced in February their plans to close 125 stores in the next three years. This is in conjunction with Macy’s expansion of Macy’s Backstage, which offers more affordable options.

Gennette also stated that while those original plans are still in place, Macy’s has been closely monitoring the competition in the event that they need to adjust the store closure timeline. At the end of the second quarter, Macy’s had 771 stores, including Bloomingdale’s and Bluemercury.

Last week, Macy’s shares climbed 3 percent, after the retailer reported a more narrow loss than originally expected, along with stronger sales due to an uptick in their online business. So they’re already doing well in that regard. But will smaller stores be the change they need to survive?

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Business Marketing

Why you must nix MLM experience from your resume

(BUSINESS MARKETING) MLMs prey on people without much choice, but once you try to switch to something more stable, don’t use the MLM as experience.

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Discussing including MLM experience on a resume.

MLM experience… Is it worth keeping on your resume?

Are you or someone you know looking for a job after a stint in an MLM? Well, first off, congratulations for pursuing a real job that will provide a steady salary! But I also know that transition can be hard. The job market is already tight and if you don’t have much other work experience on your resume, is it worth trying to leverage your MLM experience?

The short answer? Heck no.

As Ask the Manager puts it, there’s a “strong stigma against [MLMs],” meaning your work experience might very well put a bad taste in the mouth of anyone looking through resumes. And looking past the sketchy products many offer, when nearly half of people in MLMs lose money and another quarter barely break even, it sure doesn’t paint you in a good light to be involved.

(Not to mention, many who do turn a profit only do so by recruiting more people, not actually by selling many products.)

“But I wouldn’t say I worked for an MLM,” you or your friend might say, “I was a small business owner!”

It’s a common selling point for MLMs, that often throw around pseudo-feminist feel good slang like “Boss Babe” or a “Momtrepreneur,” to tell women joining that they’re now business women! Except, as you might have guessed, that’s not actually the case, unless by “Boss Babe” you mean “Babe Who Goes Bankrupt or Tries to Bankrupt Her Friends.”

A more accurate title for the job you did at an MLM would be Sales Rep, because you have no stake in the creation of the product, or setting the prices, or any of the myriad of tasks that a real entrepreneur has to face.

Okay, that doesn’t sound nearly as impressive as “small business owner.” And I know it’s tempting to talk up your experience on a resume, but that can fall apart pretty quickly if you can’t actually speak to actual entrepreneur experience. It makes you look like you don’t know what you’re talking about…which is also not a good look for the job hunt.

That said… Depending on your situation, it might be difficult to leave any potential work experience off your resume. I get it. MLMs often target people who don’t have options for other work opportunities – and it’s possible you’re one of the unlucky ones who doesn’t have much else to put on paper.

In this case, you’ll want to do it carefully. Use the sales representative title (or something similar) and, if you’re like the roughly 50% of people who lose money from MLMs, highlight your soft skills. Did you do cold calls? Tailor events to the people who would be attending? Get creative, just make sure to do it within reason.

It’s not ideal to use your MLM experience on a resume, but sometimes desperate times call for desperate measures. Still, congratulations to you, or anyone you know, who has decided to pursue something that will actually help pay the bills.

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Business Marketing

This smart card manages employee spending with ease

(BUSINESS MARKETING) Clever credit cards make it easier for companies to set spending policies and help alleviate expense problems for both them and their employees.

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Spendesk showing off its company credit cards.

Company credit cards are a wonderful solution to managing business expenses. They work almost exactly like debit cards, which we all know how to use, am I right? It is the twenty-first century after all. Simply swipe, dip, or tap, and a transaction is complete.

However, keeping up with invoices and receipts is a nightmare. I know I’ve had my fair share of hunting down wrinkled pieces of paper after organizing work events. Filling out endless expense reports is tedious. Plus, the back and forth communication with the finance team to justify purchases can cause a headache on both ends.

Company credit cards make it easier for companies to keep track of who’s spending money and how much. However, they aren’t able to see final numbers until expense reports are submitted. This makes monitoring spending a challenge. Also, reviewing all the paperwork to reimburse employees is time-consuming.

But Spendesk is here to combat those downsides! This all-in-one corporate expense and spend management service provides a promising alternative to internal management. The French startup “combines spend approvals, company cards, and automated accounting into one refreshingly easy spend management solution.”

Their clever company cards are what companies and employees have all been waiting for! With increasing remote workforces, this new form of payment comes at just the right moment to help companies simplify their expenditures.

These smart cards remove limitations regular company cards have today. Spendesk’s employee debit cards offer companies options to monitor budgets, customize settings, and set specific authorizations. For instance, companies can set predefined budgets and spending category limitations on flights, hotels, restaurants, etc. Then they don’t have to worry about an employee taking advantage of their card by booking a first-class flight or eating at a high-end steakhouse.

All transactions are tracked in real time so finance and accounting can see purchases right as they happen. Increasing visibility is important, especially when your employee is working remotely.

And for employees, this new form of payment is more convenient and easier on the pocket. “These are smart employee company cards with built-in spending policies. Employees can pay for business expenses when they need to without ever having to spend their own money,” the company demonstrated in a company video.

Not having to dip into your checking account is a plus in my book! And for remote employees who just need to make a single purchase, Spendesk has single-use virtual debit cards, too.

Now, that’s a smart card!

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