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What conversion rate should real estate agents expect when they purchase leads?

Housing Wire

No matter how experienced a real estate agent is, he or she relies on leads for business growth. The post What conversion rate should real estate agents expect when they purchase leads? What about the other 97% to 99% – the consumers who expressed interest but aren’t ready to purchase right now?

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The LO edge in 2022? Realtors, Realtors, Realtors

Housing Wire

The key to winning purchase business in 2022 remains as it was in 2021, the year before that, and the year before that – building and maintaining relationships with real estate agents. I think it’ll be a broken record but Realtors, Realtors, Realtors,” emphasized Rafael Montano, an LO at Rocket Mortgage.

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NAR: 31% of Realtors say they feel unsafe at open houses

Housing Wire

Real estate agent safety has been a concern for years, as the job requires showing empty homes or homes occupied by others, and meeting new people, often alone. As September is Realtor Safety Month, the National Association of Realtors has released its 2020 Member Safety Report.

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As insurance costs rise, real estate agents have more buyer concerns to assuage

Housing Wire

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. On nearby Chincoteague Island, Virginia, Long & Foster Real Estate agent Meghan O.

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NAR adds home improvement contractor’s app to Realtor benefits

Housing Wire

The National Association of Realtors (NAR) announced on Wednesday the addition of a home repair estimate app to its package of NAR Realtor Benefits for members. Second Century Ventures , NAR’s strategic investment division, included Curbio in its “REACH” startup growth program in 2019.

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The 100-years-war over real estate commissions

Housing Wire

In 2002, Natalya Delcoure and Norman Miller, two real estate economists, set about to learn what fees consumers pay real estate agents in America. They were especially interested in real estate commissions. On average 6% of the proceeds from each home sale went to the participating real estate agents.

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The ‘double-edged sword’ of dual licensing

Housing Wire

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.