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March 19, 2019

Bean Group’s Platinum Collection Spring 2019 Catalog Now Live

Bean Group’s Platinum Collection Spring 2019 Catalog Now Live

The Spring 2019 edition of Bean Group’s Platinum Collection Catalog is now live!

The Platinum Collection Catalog is a monthly publication showcasing the most premier and luxurious properties currently on the market and listed exclusively by Bean Group Platinum members.

Click here to peruse our exclusive collection of New England’s finest properties.

 

March 15, 2019

The Daily Bean | Meet Bean Group’s Support Staff

The Daily Bean | Meet Bean Group’s Support Staff

Q&A WITH MICHELLE JOHNSON FROM BG’S BEDFORD, NH OFFICE

Title: 
Communications & Marketing Support

What year did you start at BG?
2014

Briefly describe what you do at BG every day:
Technical support & troubleshooting, file review for compliance, Listing Launch proofreading and flyers, commission and escrow check processing and deposit, testing of new agent tools prior to release.

What is your favorite thing about working at BG?
The genuine thankfulness our agents express every time I am able to solve an issue for them.

Three words to describe BG:
Smart, sleek, stylish.

Do you have an office nickname? What is it?:
LOL, I’m sure I don’t want to know!

Hidden talent or one thing we might not know about you:
I am a card shark. Gin rummy… bring it on!

Fill in the blank: When not in the office, you can most likely find me ___________:
Putzing around the house.

Fill in the blank: I once met ____________:
Dennis Eckersley.

What is the #1 thing on your bucket list?
Buy a motorhome and drive across the country.

Bean Group Ski Day 2019

Bean Group Ski Day 2019

We had a great turn out last week for our BG ski day! Thank you to all who came for a great day on the slopes, and special thanks to Delvin Arnold from CMG Mortgage for sponsoring the event!

March 12, 2019

Bean Group New Agent Orientation: March 2019

Bean Group New Agent Orientation: March 2019

We had a great turn out for March’s New Agent Orientation session today at our Portsmouth, NH headquarters!

We are pleased to welcome Roger Bouchard (Portsmouth, NH office), Daniel Kirk (South Portland, ME office), Rob Short (Peterborough, NH office), Nichole Pfennigwerth (Portsmouth, NH office), Lauren Jordan (Windham, ME office), Jessica Houde (Bedford, NH office), and Rich D’Andrea (Portsmouth, NH office) to the Bean Group family!

The Daily Bean | Forming a Real Estate Partnership

The Daily Bean | Forming a Real Estate Partnership

A partnership can be wildly successful and rewarding for all the associated parties. It can also become an emotional and financial nightmare. Think of a partnership like it’s a business marriage. Forming a true real estate partnership is fraught with a lot of potential pitfalls, not the least of which is the creation of a legal entity that will have its own name and identity. In the eyes of the law, your partnership is a person.

Like any couple considering a marriage, you’ll probably want to have a lot of conversations to ensure that you share the same vision for the future. Start by asking each other these questions:

  • How much capital are you willing to contribute to start the partnership, and are you willing to contribute if there’s a future financial need?
  • What’s the percentage of ownership (50/50)?
  • What is your, and your partner’s, personal financial situation?
  • How much time should each of us devote to the business?
  • What kind of business entity are we creating (LLC?) and how will we report annually to the IRS?
  • How do we determine who works with a lead we receive from a joint advertisement?
  • How do we split the income and expenses?
  • Before we make a decision on an expenditure, must both of us agree?
  • How do we resolve an issue on which we just can’t agree?
  • Will we hire administrative staff and who will oversee them?
  • The three big questions:
    • What happens if one of us dies?
    • What happens if one of us gets married, or divorced?
    • What happens if one of us becomes disabled?
  • What’s our exit strategy?
    • How do we split the database?
    • How do we split the partnership’s assets and liabilities?
    • Who will file the partnership’s final tax return?

After conversation, you and your partner may find workable answers to all these questions, but aren’t you glad you had the discussion? Once you come to an agreement on these and any other points your conversation uncovered, you’re ready to put it in writing. Your first good business decision will be to hire an attorney to draw up this agreement and file any other legal documents for its creation. Just consider this one of your business’ start-up costs.

March 11, 2019

The Daily Bean | 5 Must-Have Smartphone Apps for Real Estate Agents

The Daily Bean | 5 Must-Have Smartphone Apps for Real Estate Agents

5 MUST-HAVE SMARTPHONE APPS FOR REAL ESTATE AGENTS

In today’s digital age, there are countless tools available to help you stay productive, efficient, organized, and safe. Here’s our roundup of the top 5 apps every agent should have on their smartphone:

Waze
Waze is a must-have app for every real estate agent’s smartphone. A community-based GPS navigation app, Waze provides turn-by-turn directions, user-submitted travel times, alternate route details, traffic details, and even alerts you if there is an accident or pothole coming up on your route. Download from the App Store or Google Play for free.

RPR Mobile
RPR is 100% owned and operated by the National Association of REALTORS® as a member benefit for all REALTORS®. With the RPR app, you have on-the-go access to a nationwide database of property data, market trends, and client-friendly reporting. Download from the App Store or Google Play.

PalmAgent ONE
PalmAgent ONE is an app for calculating closing costs. Whether you need to estimate PITI for your buyer client or a net sheet for your seller client, PalmAgent ONE is a quick and easy way to run estimates right from your smartphone. Download from the App Store or Google Play.

PROtect
PROtect is the smart and simple safety app that allows you to alert your circle (designated contacts) in the event of an emergency. The app was created by a real estate professional and designed to provide a safety net for solo agents. Download from the App Store.

Everlance
Everlance is a mileage and expense tracking tool that helps you monitor your expenses, maximize your tax deductions, and stay IRS-compliant. The app is straightforward and easy to use and can be downloaded from the App Store or Google Play.

While no one app will cover all of your needs, choosing the right ones will help you optimize many of your day-to-day operations – no matter where you are.