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How to work more effectively with vendors and affiliates

Housing Wire

Or maybe you do have a friend or family member that needs my help that you could refer me to. Train, train, train Call your lender for 15 minutes on Monday for an update. They can give you talking points to use when meeting buyers, doing prospecting calls, or at an open house.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Much like lawyers needing to take a separate bar exam in each state they wish to practice in, real estate agents’ training and licensing requirements vary by state. This includes — but is not limited to — posting to the MLS, hosting open houses and getting creative with social media. The required number of hours varies by state.

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9 savvy strategies to get more real estate referrals

Housing Wire

The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes. Instead of giving up the business, the referring agent introduces the potential client to another real estate agent who is better positioned to help them.

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12 proven real estate scripts that boost confidence & earn more business

Housing Wire

Knowing what you’ll say in advance on a call, at an open house, or just chatting with your sphere makes you more confident — and confidence is the key that opens the door to opportunity in real estate. Your sphere will always be your best source of business if you teach them how to refer you AND keep in touch with them.

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The ‘double-edged sword’ of dual licensing

Housing Wire

Selden is referring to a clarification issued in a mortgagee letter by FHA Commissioner Julia Gordon in late 2022, noting that participants who have ”a direct impact on the mortgage approval decision are prohibited from having multiple roles or sources of compensation, either directly or indirectly, from a single FHA-insured transaction.”

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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

Advertise open houses Post about open houses to both your grid and stories multiple times leading up to the event, as this ensures that it will reach the most people. It’s also important to include the details of the open house in the photo in addition to your caption.

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8 top real estate lead generation companies for 2024

Housing Wire

Agents do pay for these leads, with Zillow’s “Zillow Flex” now taking a percentage of commissions from referred leads. While lead generation companies are one option, agents also obtain leads through traditional avenues like referrals, open houses, community events and their personal networks.