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With Q4 in full swing, many realtors are seeing buyers and sellers paralyzed by high interest rates and stagnant inventories. Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action.
With so many aspects of our lives and businesses going virtual, a snail mail thank you note is more impactful and memorable than ever before. Ive used thank you notes in my business for over a decade and even received referrals from people Ive met at networking events because they were so impressed by my immediate follow-up notes!
After the National Association of Realtors settlement changed how commission is paid, there was some fear among agents that buyers and sellers might forgo their services in favor of handling the transaction themselves. Here are the best ways to follow up with unresponsive clients without being pushy.
Some Realtors mentioned how they only had time to pack a bag. Velt follows up with a question on Realtors outside the area targeting the Palisades after the wildfires. Are you getting a lot of calls from Realtors in other areas? My business has always been more design focused. O’Connor: It was similar.
Florida Realtors is known for the valuable services they offer members, including a Tech Helpline that is nationwide. Speakers: Margy Grant, CEO, Florida Realtors Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration.
A client needed to see a house and of course they needed to see it immediately. Buyers and showings are the most time-consuming pieces of the business. This not only ensures that business is covered when an agent is unavailable but also provides a flexible and efficient way to manage showings.
He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients. Do you have business purpose loans in your offerings? Close one loan for a real estate investor and you have a repeat client for life! Helping Realtors close more transactions is invaluable.
Despite 2025 housing market predictions changing fast , there are still key themes and trends for real estate leaders to watch to best serve their clients and business. What should Realtors know about this information? HW: How do you think the role of Realtors will change next year?
Michael Nourmand, president of Beverly Hills-based Nourmand & Associates Realtors , said that while he hasnt had to evacuate, he knows several people whose homes have been destroyed. … From a business standpoint, this is another challenging thing in the LA real estate market. I don’t think that solves the problem.
While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for real estate agents 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 Realtor Networking & Social Media Tips 4.
Amerivest brings experienced agents and a suite of technology and education tools — covering marketing , business management, customer relationship management (CRM) and document management solutions — that will integrate into Real’s platform. He has held multiple leadership roles with the Florida Association of Realtors.
In a difficult housing market for Realtors, experience matters — a lot. That’s the conclusion of the 2024 Member Profile poll from the National Association of Realtors (NAR), which shows a sharp divergence in income when comparing more experienced agents to their less experienced colleagues. million per agent in 2022 to $2.5
Growing dissatisfaction among real estate agents , concerns over declining commissions , and shifting views on the National Association of Realtors (NAR) are among findings in Redfin’s 2025 Industry Survey. However, fewer than 10% of agents said they had received training on discussing climate risks with clients.
PRO TIP You may see the terms “real estate agent” and “Realtor” used interchangeably. While a Realtor is indeed an agent, the term doesn’t work both ways. To be a Realtor, an agent must be a member of the National Association of Realtors® (NAR). How do real estate agents get paid?
31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. The business practice changes outlined in NAR’s settlement have been a massive positive for agents, according to Kelly, as it has become more important for them to talk with buyer clients at the start of the transaction process.
Confusion and chaos are still a reality for some real estate professionals in the wake of the NAR settlement-mandated business practice changes, but preparation has been key to minimizing the negative impacts. As Sharran Srivatsaa , the president of The Real Brokerage , sees it, there are two primary agent camps right now.
From client quirks to open-house mishaps, his posts are so relatable that youll swear hes been shadowing your day-to-day. A post shared by The Agency (@theagencyre) Actionable Insights High-quality visuals can elevate your brand and attract more clients Showcase aspirational properties to capture the attention of luxury buyers 2.
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. And that is positive.
According to the National Association of Realtors (NAR) Community Aid and Real Estate (CARE) Report published in May, nearly 70% of all NAR members reported that they volunteered at least eight hours a month in 2023. So, we went from a 15-foot truck on Saturday to a semitruck on Sunday, which was donated by a local business.
housing market, HousingWire has partnered with Illinois Realtors , bringing exclusive news, market data and housing research to the 50,000 Illinois Realtors that power the state’s real estate market. In our dedication to providing the full picture to housing professionals across the U.S.
In a statement released Wednesday night, REcolorado warned Denver-area Realtors that outside ownership of the local MLS could bring added uncertainty during an already uncertain time and suggested that their data could be compromised. However, REcolorado said it objects to the associations selling it to an outside private equity firm. “We
The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. The company has been in business since 1957 as we always say, we are a multigenerational company and that is not just a marketing phrase, Hanna said.
Ohio REALTORS, one of the largest and most influential real estate associations in the Midwest, has announced its partnership with HousingWire , the leading source for housing market news and information. This partnership underscores Ohio REALTORS ‘ commitment to supporting its members through education and professional development.
HomeLight is an Arizona -based real estate platform designed to connect agents with clients. According to the National Association of Realtors (NAR), only 24% of recent buyers were first-timers. Recent business practice changes in the real estate market have also discouraged first-time buyers, according to the report.
When you root your business in purpose, you create something far more valuable than transactions. Find ways to integrate giving into your business Most agents dont know how to fit volunteering into their busy schedules. Partner with local businesses : Collaboration is key.
However, most teams are built with the same objectives playing to each individuals strengths to provide top-tier service to their clients. The Main Character Energy Team One top-performing agent leads the way and is the face of the team, while other agents work in the background to build the business.
In his new role, Banosian said he will be leveraging his success as a top producing loan originator to help other Rate LOs grow their business and take market share. The tools that we utilize allow us to truly be available to our clients when they need it the most, when it matters the most whether it’s nights or weekends.
But the survey results also show that so-called sphere-of-influence (SOI) leads — those generated through relationships with friends, family and former clients — are often neglected and underinvested in. Relatedly, about two-thirds of respondents expect the new settlement rules to have minimal or no impact on their business.
By buying Openn’s Canada business, Final Offer now operates the platform used by most Canadian real estate agents. “We Agents talk about showing and proving the value they provide to clients and what they can charge for services. We are pleased to welcome Openn to the Final Offer family,” said Judd Hoffman, co-CEO of Final Offer. “In
The real estate giant was prompted to do this by the terms of National Association of Realtors’ (NAR) commission lawsuit settlement agreement which requires agents to have a written agreement with a client in order to work with them as a buyer broker. This agreement must be signed prior to an agent taking a buyer to tour a home.
District Court for the Central District of Utah, include the usual cast of antitrust lawsuit characters: the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America , and RE/MAX. Please tell your sellers for me,” one text cited in the complaint stated.
After all, our business will only grow as much as we do as business owners. With hundreds of books to choose from, it can be overwhelming to know which one will truly have a positive impact on your life and your business. Whats the purpose behind your real estate business? Attracting clients vs. chasing clients.
Like the athletes in Paris, Realtors and brokers across the U.S. have been busy training and preparing to be ready for Aug. 17, the date on which the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement are set to go into effect. His confidence didn’t just come out of nowhere.
“eXp Realty offers my team the resources, innovation and environment to achieve more, grow faster and deliver even greater value to our clients. “His commitment to innovation and collaboration aligns perfectly with our mission to empower agents to grow their businesses and achieve their full potential.
Those in the renovation industry expect a recovery of the business over time, with easing inflation and a potential reduction in interest rates cited by the report as some of the reasons why. The Federal Reserve is poised to make a decision on where interest rates will go at its next meeting later this week.
While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year.
Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. The good news is that most clients are excited to share their positive experiences. Target your messaging to each audience.
I also include tips and tricks to help you find your first clients faster than most new agents. Yet sometimes, there’s enough business coming in from the team that agents earn more money on a team than they would earn on their own. Is there one day a week you can work on your real estate business? Let’s dive in!
Despite the growing concern about climate risks, fewer than 10% of agents report having received training on how to address climate-related issues with clients. A substantial percentage (38%) believe the NAR settlement changes have negatively impacted their business, compared to 5.2% who noted a positive impact.
According to Anthony Lamacchia , the broker-owner of Lamacchia Realty , he and his agents have seen disputes over buyer broker fees for years, highlighting the importance of having a signed buyer representation agreement , which will soon be required by the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement.
Does experience matter for first-year Realtors? To find out, we sat down with Brandon to get his best advice for new Realtors. After signing up for coaching with social media sensation Brandon Mulerin , his business began to skyrocket. ” Finding the right coach for your business isnt easy. Some have both.
Builders are more actively thinking about how to efficiently serve these prospective clients. More Realtors are reporting younger clients who say they want a ’feet-first house,’ a place where they can live for the rest of their lives,” the article explained.
31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Editor’s note: This is the third in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. It is no secret that many first-time homebuyers are struggling.
Real estate closing gifts personalize and ultimately strengthen the relationship between you and your client, which can lead to a string of referrals. Dos and dont’s of client gift giving Your clients just closed on a new home or sold their property with you, and its time to celebrate! Clients always on the go?
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