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The role of the realestateagent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. Help negotiating with buyers registered at just 13%.
Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional realestateagent is the best way to sell. Of the 73% who said they preferred using agents, 67% believe traditional realestateagents are still the best option and 6% favor discount agents.
Whether you’re looking to start a career in realestate, already have one or are involved in realestate transactions, you may find yourself wondering about industry terminology and job titles. So, let’s start with the basics: What is a realestate broker vs. an agent? Why become a realestate broker?
While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for realestateagents to grow their business in a variety of ways. Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. Join Lab Coat Agents 2.
From luxury property tours to laugh-out-loud realestate memes, these 21 agents and influencers bring the best of the industry right to your phone. Whether you’re an agent, a realestate investor or just love stunning homes, these realestate Instagram accounts are a must-follow.
Home staging is your chance to transform a property into a home that buyers cant wait to get their hands on. As an agent, you know a beautifully staged home turns into a sold one. Buyers want to be able to see how a home will work for them. The goal of realestate staging is to highlight all its best features.
Understanding that realestate housing markets are hyperlocal, the RealTrends Verified City Rankings represent the newest evolution of RealTrends agent and team rankings. This year’s inaugural rankings feature agents and teams from 50 cities across the U.S., However, Leading RE agents and team bested the sales volume.
Commissions paid to realestateagents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17 , according to a new analysis from Redfin. Buyer’sagent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%.
Israeli startup eSelf AI has developed a technology that provides interactive AI realestateagents capable of answering questions and guiding prospective buyers through listings at any time. “We have more than 5,000 properties currently in our portfolio.
Realestate referrals are the lifeblood of most top producers’ businesses. This is evident when you ask any highly successful agent where they find their clients. That’s wonderful and something to be admired, yet I’ve had many agents who are earlier in their careers ask me HOW these agents built this referral machine.
AgentCoach.AI , an AI-powered realestate coaching company, is launching a new training platform for realestateagents. The new platform will leverage specialized training bots to help agents prepare for business. Productivity tools are also available to keep agents on track. said in a statement.
The latest tumult in realestate feels like our world has been turned upside down yet again. Own our worth Almost as soon as the commission verdict was announced, most major industry voices came out with marketing campaigns and webinars about how agents can demonstrate their worth. We need to own it, too.
-based Consumer Policy Center (CPC) warns that the common practice of percentage-based realestate commissions may be a financial disadvantage for home buyers and sellers. The report is titled How Percentage-Based Commissions Can Harm Home Buyers and Sellers and What They Can Do About It.
As realestate practitioners adjust to the practice changes that took effect in August, and the industry waits for final approval of the NAR settlement from the court in November, questions continue about seller offers of compensation. In a bidding war, cash buyers and investors will win, and first-time buyers will lose.
According to HomeLight ‘s Top Agent Insights report released this week, realestateagents are feeling this and are being forced to switch up tactics to attract buyers. HomeLight is an Arizona -based realestate platform designed to connect agents with clients. 30 and Nov. 30 and Nov.
Confusion and chaos are still a reality for some realestate professionals in the wake of the NAR settlement-mandated business practice changes, but preparation has been key to minimizing the negative impacts. Although the world didn’t end for the realestate industry on Aug.
Realestate listing descriptions can be tricky to write, especially for agents who dont have a background in creative writing. Ill teach you how to write a realestate listing description, plus share some creative realestate listing description examples. Why is a good listing description important?
What has changed for realestate brokerages since then? 31, 2023, and has since reshaped the business practices for realestate brokerages and agents across the country. While many, like Kelly, consider the new practices a positive for agents and consumers, implementing them was no small task.
In a new episode of the “RealEstate Insiders Unfiltered Podcast,” hosts James Dwiggins and Keith Robinson are joined by Zillow Group CEO Jeremy Wacksman for a deep dive conversation that covers the role of technology in realestate and Zillow’s “ Super App.” What does the buyer or seller want?
Youve likely heard about realestate teams and how they can impact your career but what exactly are they, and why are so many agents joining or building teams? Its important to understand how realestate teams work for you to decide whether its the right career move for you. How do realestate teams work?
Leading realestate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan RealEstate (JRE). Several JRE agents serve on local boards and nonprofits across the island.
Despite 2025 housing market predictions changing fast , there are still key themes and trends for realestate leaders to watch to best serve their clients and business. 26 in Dallas to hear her full session on realestate brokerage economics. JL: The role of Realtors will continue to be essential to buyers and sellers.
Realestateagents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. In this article, weve compiled 49 compelling realestate newsletter ideas and subject lines. So, where do you start?
The realestate industry is already in a whirlwind and the year has barely kicked off. Firstly, realestate professionals are facing an unyielding storm of new challenges. For example, changing agent commission guidelines and emerging lead contact regulations are keeping professionals up at night.
There is an endless supply of realestate statistics out there, but what the heck do you do with all of them? Stats are the fuel to the fire of the realestate market and will make you exude confidence in conversations with potential clientsmaking them feel confident in hiring you to represent them.
In the newest episode of the “RealEstate Insiders Unfiltered” podcast, hosts James Dwiggins and Keith Robinson sit down with Robert Morris, a realestate broker, trainer and veteran agent at Keller Williams Capital Properties. Robert Morris: I would say this is the best time to be in realestate.
While many agents are all-in on Instagram, TikTok, or YouTube, theres another social media platform thats incredibly powerful: LinkedIn. Using LinkedIn for realestate is a hidden gem for connecting with local business professionals. Your cover photo is larger, so you have more realestate (pun intended) to work with.
The Department of Justice ( DOJ ) raised some eyebrows when it hinted that buyer representation agreements, if used as mandated in the National Association of Realtors (NAR) commission lawsuit settlement, may be a source of future antitrust litigation based on its statement of interest in the Sitzer/Burnett suit.
In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a realestateagent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). Jeff Andrews: You and Jason Haber recently launched the American RealEstate Association, a trade group alternative to NAR.
Predictive analytics in realestate combines the use of historical data and algorithms to anticipate future market trends and identify potential sellers sometimes even buyers, too. Realestateagents can use this data to identify motivated sellers and people who are likely to buy a home.
The bi-annual report reveals a resilient luxury realestate market in the first six months of 2024 that is slightly outpacing performance from the equivalent period in 2023. Despite challenges in the market, luxury agents can leverage these insights [from the mid-year report] to finish the year strong.” Among specialists, 32.8%
Realestate thank you notes are an easy, underutilized tool in the realestate world. It adds a personal touch and makes me stand out from all the other agents out there. And hopefully, theyll reach out to you when they have a realestate need or a referral to send your way!
While the term may sound scaryand is most definitely illegala new survey from CertifID showed how many first-time homeowners are at-risk or more likely to be victims of realestate wire fraud. Only 47% of consumers were informed about the risks by their realestate professionals at the start of the process.
Compass is certainly known for luxury property sales , but the nation’s top brokerage based on sales volume is looking to offer even more support to agents working on these types of deals. On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes.
The new search paradigm for realestate The introduction of artificial intelligence overviews is changing how users consume information online. But it does indicate that realestate professionals will need to change their content strategy. Lastly, an agent could publish a market analysis of trends related to this term.
Why most teams struggle to scale Scaling a realestate team to $100 million in production is a daunting challenge, but the biggest roadblock isn’t market conditions or competition — it’s outdated strategies. Action plan: Position your team as a growth engine, providing agents with consistent leads and opportunities to succeed.
In this article, we’ve gathered 30 realestate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the closing table this coming year. When it comes to selling realestate, communication and timing can make or break your success. Give Market Leader a try!
Dallas -based United RealEstate has announced another strategic expansion in the Carolinas. Charlotte -headquartered United RealEstate Queen City will open a new affiliate location in Fort Mill, South Carolina. The company operates in 32 states with 159 offices and more than 21,000 agents.
Disaster-stricken areas can place undue hardship on realestateagents looking to sell houses and sales volumes often take a hit. And a report published this week said that agents in Florida, California and South Carolina are being forced to change tactics to survive in their markets. “Its a full-court press for us.”
Most realestateagents I coach do not have a lead problem they have a lead nurturing and conversion problem. Finding realestate leads is relatively easy. Its up to you to build a relationship with your leads over time by implementing a strategic realestate lead nurturing plan for your business.
The realestate market is constantly shifting, and today’s market calls for agents to return to the more tried-and-true marketing strategies. Open houses remain one of the best ways to showcase a property and connect with potential buyers. This allows the agent to tailor their follow-up strategies for better results.
According to new research from Clever RealEstate , a St. Louis-based realestate company, homebuyers spend an average of $31,975 in homebuying expenses, such as closing costs, repairs, and moving, in addition to their down payment. Notably, 63% of first-time buyers were surprised by the cost.
In the latest episode of the RealTrending podcast , Amy Stockberger — broker-owner of Amy Stockberger RealEstate — joins Tracey Velt for a tantalizing conversation that covers her teamerage’s unique “Lifetime Home Support” model and other ways that agents can provide value to home buyers and sellers.
31, 2023, and has since reshaped the business practices for realestate brokerages and agents across the country. Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers.
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