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I saw a social media post recently by our local ‘mega-agent’ entitled: “Breaking News: Individual RealEstateagents added to Endangered Professions List!”. This post compares the individual realestateagent to “a tennis player using a wooden racket” or “a football player with a leather helmet.”
Working in realestate sales for a few years, and now you want to challenge yourself and raise the stakes? You might be ready to take on the luxury realestate market! I’ll show you what it takes to succeed as a luxury realestateagent in any market. Visit Agent Image 3.
The presenter was Ron O’Neil, owner and CEO of AI Intelligent Solutions and a beta tester of ChatGPT starting in 2020. He’s an AI expert who’s also experienced in realestate, overseeing operations in 10 realestate offices for more than eight years. And I was still blown away. I can’t even.
The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential realestate market, including realestateagents, brokers, attorneys, title insurance companies and settlement agents.
Some entrepreneurs are never given the credit for being so. Are realestateagents undervalued? Of these, realestateagents are in the crosshairs of the naysayers, who suggest that this group is largely paper-pushing, monopoly-driven, and low-value addition. Sounds a ton like realestateagents.
As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their realestateagents , but the rapidly rising cost of insurance premiums is changing that. On nearby Chincoteague Island, Virginia, Long & Foster RealEstateagent Meghan O.
Interest rates, a key determinant of the realestate market’s health, are on a downward trend. Realestateagents need to brace themselves for a shift as we witness a market more reminiscent of previous pandemic years. The realestate industry must keep up with the big appetite for housing.
Some of the key features of this tool include: Current condition home value: An estimate of the market value of the property in its present state. The tool requires realestateagents to upload a minimum of 10 photos of the property. Future ARV (after-remodeled value): The projected market value post-renovations.
Low inventory means fewer choices for homebuyers, but for years enterprising realestateagents have worked around tight market conditions by searching for off-market homes that fit their clients’ specifications. The post DropOffer wants realestateagents to go off-market appeared first on HousingWire.
Bonnie Williamson never intended to be a realestateagent. In 2020, it launched its own agent-focused product, dubbed “pl@tform.” In addition, according to the NAR 2021 Profile of Home Buyers and Sellers report , 87% of buyers who recently purchased homes did so through a realestateagent or broker, up from 69% in 2001.
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?
Generative artificial intellegence, such as ChatGPT, is changing everything—a statement that comes as little surprise to anyone these days, and least of all to the many realestateagents whose markets are being saturated by artificial intelligence (AI)-empowered buyers. But, fortunately, those fears are misplaced.
Too many realestateagents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a realestateagent.” So how can realestateagents be so cavalier about their job?
As a realestateagent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted realestateagent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.
Realestateagents are facing a contracting issue that could seriously upend the traditional housing landscape. I’ve advocated for loan officers and realestateagents my entire career. There is a lot of value in realestateagents, both buyer agents and listing agents.
The “same old listing presentation” and tired marketing tactics aren’t cutting it for agents looking to win listings in today’s competitive and tight market. Now more than ever, sellers expect an agent who will confidently create a plan to get them top dollar for their home.
Realestate advice + top tech, lead gen & marketing tools — delivered to your inbox. Get expert advice, independent reviews and product recommendations from our editorial team of experienced realestateagents, brokers and coaches.
While learning the forms has been an integral part of many brokerages’ training efforts, agents say the role-playing exercises they have engaged in to practice buyer and seller presentations, along with answering buyer and seller questions, have been valuable.
To answer that, we’ll take a deep dive into the differences between the many types of realestate professionals, including a realestateagent and a realestate broker. Summary What is a realestateagent? What does a realestateagent do? Let’s dive in!
Troy Palmquist is the Director of Growth for eXp California, founder of DOORA Properties , and a thought leader through written content and from-the-stage live presentation. Take the time to develop a strong brand identity, then preserve it with a trademark registration.
Part one explained the history of sales commissions , and the labor market for realestateagents. Part two dove into legal challenges of the present commission system, and the industry’s defense of commissions at the present level of 5% a home sale. The average realestateagent is probably an expert at Tik Tok.”.
“What is really different about ours and is a really special amazing piece is that the agent is inside of virtuality with the clients, looking at whatever they’re looking at,” Fiero said. “So, “This is one of those things that has spiraled wildly out of control,” Garcia told HousingWire.
Below are a few ways originators can best present themselves to realestateagents and stand out in a saturated market. Right now, people are craving face time, so why not offer realestateagents and networking peers that opportunity?
The realestate market has witnessed significant fluctuations over the years, and the accompanying challenges for realestateagents can offer valuable insights and opportunities. The aftermath of the 2008 crisis led to significant attrition among realestateagents.
Staying productive and focused in the realestate market requires a combination of intelligent business decisions, technology and having a long-term approach to your strategy. That way, realestateagents can close sales without losing any potential leads. Speed-to-lead, guaranteed. Bottom Line.
Michele Buschman, chief information officer at American Pacific Mortgage , said that hackers will insert themselves within a mortgage transaction and pretend to either be a realestateagent, a title escrow company, or the LO, and send an email asking the borrower for a wire transfer, or will send them a link that needs to be clicked on.
Property documents offer realestateagents and their clients crucial insights; however, they are often long, full of legalese, and poorly formatted, making them extremely tedious to review and understand,” James Rogers, co-founder and CEO of RealReports, said in a statement.
The Arizona Regional Multiple Listing Service (ARMLS) announced a partnership with Lone Wolf Technologies that will give ARMLS subscribers access to a tool designed to give agents information to guide their clients through an uncertain market. ” This isn’t Lone Wolf’s first partnership with an MLS this year.
The company said that Stebbins has been instrumental in connecting reverse loan originators with key industry partners, including realestateagents, financial planners and builders. Josh Kilty (left), senior vice president of reverse lending at Fairway, presents a lifetime achievement award to Pistol Pete Stebbins.
In today’s low-inventory environment, complicated by external factors such as forbearance and foreclosure moratoriums, it’s crucial for realestateagents and brokers to be proactive in order to grow their business. Presented by: PropStream.
How realestateagents can alleviate consumer pain points in a tight market. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and realestateagents alike. Presented by: Move Sales.
The content will cover the important markets for agents to know and opportunities for success. Presented by Brynn Amaya, Portfolio Manager with Pemco Capital and Tara Dugger, Senior Operations Manager with VRM Mortgage Services, this session is a live illustration of the dos and donts of your first assignment with a new client.
Presented by: Fannie Mae. Redfin said its realestateagents have helped clients in Seattle and the Bay Area buy and sell homes since 2006, with a listing fee as low as 1%. “Even for customers who start by requesting a cash offer, many end up selling their home with a realestateagent. .
MoxiWorks users will also have access to the upgraded MoxiPresent, a presentation builder, which the company said agents can use to create buyer presentations and plan buyer tours. 80% of realestateagents are buyer-centric,” MoxiWorks CEO Eric Elfman said in a statement.
MoxiWorks , a realestate technology platform, just made it easier to create and share presentations thanks to its latest product integration. Innovation at MoxiWorks is always done with an eye towards making the agents more efficient and maximizing their opportunities.
But Rocket’s announcement provides a couple of specific ways it wants to cut into the realestate market and challenge traditional agents. Foremost is the ability for a home seller to work with an in-house Rocket realestateagent who is in “downtown Detroit” and will receive a commission of 1.5%
At the new Homes.com , we always present the listing agent and only the listing agent on any home for sale on our site. Our philosophy is that the leads on an agent’s listings are theirs and clearly not anyone else’s to pilfer and sell. The most important asset an agent has is their reputation.
will pay a $1 million fine for improper benefits given to California realestateagents. The marketing representative was identified as Eugene Bleecker, now a former First American employee, who was providing said benefits to his Los Angeles-based group Advisory Group RealEstate Network. Presented by: Radian.
According to Matterport, 360 interactive virtual tour integration in realestate listings increases the likelihood of homebuyers reaching out to agents by a significant 95%. Moreover, properties featuring 3D tours spend less time on the market — typically around one-third less time — and agents can secure higher selling prices.
Networking can be intimidating for some realestateagents. We’ll dive into strategies for both online and IRL networking, expert tips for networking successfully, secrets specifically for introverts, and where to find new potential realestate clients. When you buy through our links, we may earn a commission.
For realestateagents, this economic reality can present both challenges and opportunities, and determine strategies in markets across the country. inflation climbing to 2.6% Data from RentSpree and the U.S.
This substantial reduction in inventory has intensified competition among Chicago’s more than 15,000 licensed realestateagents, making it increasingly challenging to secure listings and clients. It should come as no surprise that the top realestateagents continue to command a significant portion of the market.
“This partnership will provide all SFAR Realtors with the opportunity to take advantage of RealReports’ robust property data and AI-driven insights to enhance buyer and listing presentations, streamline research, mitigate risk, and generate leads.”
In my experience within the realestate industry, a fundamental lesson stands out: the power of partnerships. These collaborations represent opportunities to combine expertise, share resources and, ultimately, elevate realestateagents’ and clients’ realestate journeys.
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