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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. This was unambiguous among homebuyers.
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.
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.
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. Our agents see that as a positive, as it encourages more communication upfront and increases transparency around fees.”
The goal of realestate staging is to highlight all its best features. Its important to communicate to your sellers the value of home staging for realestate by taking out the personalization of the home while keeping the home’s personality and what makes it unique. Make a strong first impression 1.
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?
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.
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.,
We discussed the current market conditions and revisited the propertys previous listing history including that the last agent had failed to sell it, eventually pulling it off the market 60 days later. In typical realestate transactions , touring a property in person serves as a safeguard to verify authenticity and prevent fraud.
Using LinkedIn for realestate is a hidden gem for connecting with local business professionals. Keep reading to learn why LinkedIn for realestateagents is so important, plus tips to optimize your profile and how to get realestate leads on LinkedIn.
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. In this article, you’ll find nine tried-and-true ways to start and grow your realestate referral business. Summary What is a realestate referral?
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.
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. Can we discuss your goals?
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?
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.
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.
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.
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! Youre the best!
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.
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?
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?
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.
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.
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.
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). The financial terms of the deal were not disclosed.
An expensive housing market doesn’t necessarily translate into a lucrative one for realestateagents. That’s according to a new report from Clever RealEstate , a company that connects homebuyers and sellers with agents. in terms of how friendly they are to agents. of the overall rating.
Realestate closing gifts personalize and ultimately strengthen the relationship between you and your client, which can lead to a string of referrals. We curated some standout closing gift ideas for buyers and sellers and assembled this guide to help you navigate the closing gift process.
NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market. Role of agents Eighty-eight percent of buyers used a realestateagent to purchase their home, with younger millennials the most likely to do so (90%).
Realestateagents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs. This has given rise to the perception in the realestate industry that the Fed bungled the timing of rate hikes and cuts.
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.
Watch any of the glamorous pseudo-reality realestate shows on TV, and you might be tempted to become a part-time realestateagent. Most of the agents you see on TV wearing $1500 outfits work 80+ hours per week. In my first few years in realestate, I regularly logged 50+ hour weeks.
While they may not be as trendy as they once were, a well-crafted realestateagent Facebook page is still the best way to generate leads on social media. Your Facebook page can help you build your personal brand, network with other agents across the country (hello, referral partners!)
But as soon as you get over that anxiety, the sooner youll realize how door knocking in realestate is a tried-and-true lead generation technique that will build your business. The National Association of Realtors reports that online realestate conversion rates are between 0.4% What is door knocking in realestate?
In a world enamored with all things digital and AI , one would think that realestateagents don’t serve any purpose, but it’s totally untrue. Moreover, the concept remains a central theme of some arguments contained in the plethora of lawsuits that are now carpet bombing the realestate industry.
Inventory is still low and that’s exactly why it’s important to target the sellers who are more likely to move. To find the listings right now you need to find the sellers that have to move. Who are the must sell sellers? My suggestion is to choose 1 area of the must-move seller opportunities I have shared.
Just this week, I have spent time with successful people in the following pursuits: Technology consulting, software development, realestate sales, building construction and contracting, the law, nuclear physics innovation, advertising, medical sales, and product innovation. Good agents do a lot more than simply show houses.
In realestate, knowing the keys to a successful negotiation is essential. After 29 years and thousands of listing presentations, I have found that sellers, more than ever, want an agent who has solid negotiation chops and who is willing to use them on their behalf. Negotiation is not just a skill its an art.
In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by realestate technology firm Clever RealEstate.
Believe it or not, good old-fashioned postcards are still one of the most effective realestate marketing strategies. Even though most agents focus their marketing efforts online, people start thinking about finding a realestateagent well before they hit ENTER on their first Google search.
Rocket Companies has announced that it has entered into an agreement to purchase digital realestate brokerage Redfin in an all-stock transaction for a value $1.75 Founded in 2004, Redfin operates a home search platform with more than one million for-sale and rental listings and a tech-powered brokerage of more than 2,200 agents.
When I first started in realestate , I thought my job was solely about helping buyers and sellers. Realestateagents have the privilege of guiding people through one of their biggest life decisions. We agents can also strengthen the communities we serve.
A large majority of homeowners (88%) have concerns about selling their homes, with financial uncertainty and housing market conditions ranking among their top fears, according to a recent survey by Clever RealEstate. Among those with mortgages, 47% reported having locked in an interest rate below 4%.
While some in the realestate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI realestateagent.
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