This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In this weeks episode of the RealTrending podcast, host Tracey Velt sits down with Ohio Realtors President Michelle Billings , an agent at Coldwell Banker Realty in Montgomery, Ohio. They explored affordability issues in today’s real estate market and how agents should leverage their knowledge for success.
For example, changing agent commission guidelines and emerging lead contact regulations are keeping professionals up at night. Together, these obstacles are forcing agents and brokerages to hit the sidelines and plan against seemingly insurmountable odds like facing Brady and the Patriots in the Superbowl. What does this look like?
In a statement, Uplist President Jeff Bell called the new integration a game-changer for client retention and refinance opportunities. ” “This partnership enhances our loan officers ability to serve clients proactively and strategically, giving them a competitive edge in any mortgage market condition,” Clarke added.
Its powerful stuff, especially for new buyer agents. Every agent on our teamand every successful buyers agent we knowuses some version of the LPMAMA script on their first call with a buyer. Every agent on our teamand every successful buyers agent we knowuses some version of the LPMAMA script on their first call with a buyer.
MLSs collect billions in agent dues annually. Yet, real estate agents have little control over how these funds are spent. One such example includes agents struggling in a tough market while their dues fund personal pet sitting services for the National Association of Realtors (NAR) CEO. Why does dual agency still exist?
That’s where text messaging for real estate agents comes in — it’s quick, personal, and gets straight to the point. With its smart CRM, automated follow-ups, and easy-to-use marketing tools, you’ll never miss a chance to turn potential sellers into clients. Market Leader has you covered. Give Market Leader a try!
Real estate agents 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. Content: Agents can include any combination of data and information. When you buy through our links, we may earn a commission.
Real estate agents can use this data to identify motivated sellers and people who are likely to buy a home. Agents can now spend time converting high-quality leads that are sure to turn into more closed deals instead of spending hours trying to identify potential sellers through expired MLS listings or door knocking.
However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.
With the affiliation of the RealD2D Team, Real is adding 40 agents to its footprint in 13 different states, providing the company with the relatively rare opportunity to expand in more than one metropolitan area. RealD2D is led by agent and coach Duane Richins, who brought a unique background to his real estate career that began in 2016.
During the conversation, Velt and Elfman discuss the delicate art of balancing technology and artificial intelligence (AI) usage with developing clientrelationships. Tracey Velt: What overarching technology trends have you seen among real estate agents and brokers? This conversation has been edited for length and clarity.
In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. A wise agent right now is talking to buyers and sellers,” Brown said.
In this low interest rate environment, lenders are staying busy with high volumes and new clients. Ernie Graham: Once you’ve closed a transaction, there’s this natural halo effect you have with the client that means that they think well of you – until they forget about you. EG: You create balance by focusing on quality.
With home prices expected to hold steady and even grow in many markets, real estate agents face a unique market shaped by shifting demographics, evolving buyer expectations and lingering economic uncertainties. In this article Overview: Best Real Estate Software for 2024 PropertyBase Market Leader Wise Agent Zurple BoomTown!
Even though most agents focus their marketing efforts online, people start thinking about finding a real estate agent well before they hit ENTER on their first Google search. Knowing this, real estate agents should always find friendly, conversational ways to stay on their potential clients minds year-round.
The Rayse platform is designed to make agent-clientrelationships transparent in an evolving real estate market. It provides brokers with real-time insights into their agents’ activity in the marketplace. Agents can also use the platform from a marketing perspective to showcase their value to potential clients.
This practice creates a leadership vacuum that trickles down through organizations, ultimately affecting employee morale, productivity, and client satisfaction. It became clear that he was far more comfortable and fulfilled working directly with clients than managing a team.
But how exactly will these technologies impact lenders, brokers, and agents and consumers? AIs impact on real estate should ultimately be about making the path to clientrelationships clearer and more manageable by giving agents the support they need to excel in their roleswithout feeling overwhelmed by technology.
Bonnie Williamson never intended to be a real estate agent. million – brokerages have become less focused on attracting new agents into the industry and instead more focused on increasing the productivity of the agents they have. Roughly six months into its launch and agents have had mixed reactions to Command and its utility.
The Weiss Group in Austin is returning after a stint with The Agency , bringing its six-agent team and $75 million in 2023 sales back to Compass. Louis, the 10-agent Monschein Team is leaving Berkshire Hathaway HomeServices. In July, Dallas agent Bridgette Harrington joined up as did Natasha Simon of Houston.
There have been numerous studies done on client retention over the years, and while the exact figures vary, most suggest that it can be anywhere from five to 25 times more expensive to acquire a new client than to keep an existing one. 74% of sellers say they would use that same agent again, or recommend them to others.
The real estate market has witnessed significant fluctuations over the years, and the accompanying challenges for real estate agents can offer valuable insights and opportunities. The aftermath of the 2008 crisis led to significant attrition among real estate agents. million agents registered, down more than 100,000 from 2022.
The addition of Homesnap will increase the number of brokers and active agent users on CoStar’s platforms from approximately 100,000 to over 400,000, the company said. Homesnap has great relationships, data , software, and tools for residential real estate professionals that are complementary to our existing offerings ,” Florance said.
Agents, teams and brokerages are now seriously reconsidering the technology platform, tools and services needed to effectively do business today. In these uncertain and volatile times, successful agents have learned how to lean in to the power of technology to help them stay focused on what they do best. .
A top luxury agent in New York City has left Official Partners. Numerous business partners and agents of Official have since cut ties. “His deep industry and market knowledge and ability to build lasting clientrelationships will thrive in our collaborative environment.”
Agent-client collaboration platform RealScout announced the launch of RealScout Pro+ on Tuesday, the first significant update to the platform since it was founded in 2012. “It Auto Nurture is described as “a set-and-forget feature” that automates database marketing for agents and teams.
Arlington, Virginia-based Allied Title & Escrow has launched a new software platform, Allied Title Toolbox, that’s designed to assist real estate agents with lead generation , market analysis and client engagement. “Allied Title Toolbox simplifies complex tasks and makes agents more efficient,” Meade said.
She believes the onus is on agents to “show up” for clients and communities rather than merely “showing off” past successes. Why is this distinction important for agents today? While these are important and have a place in marketing an agent or a brand, I think of these as “showing off.” Can you expand on that principle?
billion thanks to Compass agents closing 62,349 transactions during the third quarter, up 36% from the year prior. In addition, Compass increased its number of principal agents by 987 from the second quarter to 11,616. “Our and bringing in house title capabilities to 47% of the 67 markets the brokerage currently serves.
By embracing different opportunities, agents can expand their chances of securing more listings and growing their business. A trustworthy ClientRelationship Management (CRM) system is an important asset, allowing agents to effectively manage and track interactions with clients.
Equipped with the right real estate marketing tools, you’ll save time, scale faster, and attract more clients — all without having to learn 40 new complicated skills and programs. Real estate agents today need outstanding websites — or, at the very least, highly functional ones — to both attract and communicate with clients.
Add the clients’ names and the date of their closing. During the transaction process, be on the lookout for little hints from your clients about things they like or things they enjoy, then think about how you can take them to the next level. However, you don’t have to break the bank to gift well.
What’s the secret to nurturing leads and turning them into loyal clients? It’s a high-functioning customer relationship management (CRM) tool with robust features, integrations and automation. As your real estate business expands, nurturing your growing client base inevitably leads to a need for improved communication.
While the real estate industry is forever in flux, one constant is that it’s a relationship business. One of the biggest challenges for agents is finding new clients and staying top-of-mind until they are ready to buy or sell. Automated lead nurturing helps you consistently follow up with every client. Wondering how?
As agents face attacks on their value from all sides, the most important thing they can do today is to focus on boosting clientrelationships, the Glennda Baker & Associates leader said to Inman Connect Las Vegas attendees.
Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.
As the real estate market continues to grapple with high interest rates and low inventory, agents entering the market are looking for affordable clientrelationship management (CRM) tools that offer a cost-effective means to automate and manage client interactions.
Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. There are numerous methods an agent can use to prospect, some traditional and others that leverage technology. Here are some different methods that real estate agents use to prospect for leads.
In this article, I’ll share close to two decades of experience as a licensed agent and small brokerage owner in Boston to help you compete and win listings with a dynamite listing presentation. As agents, we compete for a finite number of available homes to list and sell. What is their family size?
In fact, NotaryCam’s technology remains the only RON platform that scales in every jurisdiction, providing mortgage lenders and their settlement agents a competitive advantage when it comes to helping their clients close. The pandemic has brought extra hurdles for everyone.
The savvy real estate agents and loan officers see this not a crisis but a golden opportunity. This is a call to arms for real estate agents and loan officers ready to seize the day. Your clients need a guide, and you are poised to be that guiding light. You need to own the narrative with your clients.
Christy Murdock shares essential phone etiquette tips to enhance clientrelationships and close more deals. Learn the do’s and don’ts, preparation strategies and follow-up techniques in her comprehensive guide.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content