The 6% standard commission on home purchases is gone. The National Association of Realtors has announced a settlement agreement with home sellers that will reduce costs for buying and selling homes. They have agreed to pay $418 million to settle landmark antitrust suits and eliminate rules regarding commissions. The NAR, representing more than one million […]
The Standard 6% Real Estate Commission is Over Read More »
Hosting an open house presents a unique opportunity not only to showcase a property but also to connect with potential clients. Even if the property being shown doesn’t match every attendee’s criteria, this doesn’t spell failure for the event. It is not often that a home sells at the open house or even directly because
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So, I decided to poll random real estate agents across the country to see how they spend their time. The results were interesting, to say the least. What prompted me to do this was a new study I’d just read. It showed how dire the situation in the real estate industry has become. The Curious
Survey Says! You Need to Rethink Your Business Read More »
Agents who have a real estate task list are on the right path. The difference between a good agent and a top-producing one is a tight routine and good habits. Owning a business is different from working in a corporate environment where a manager will be watching your back to ensure that everything gets done
The Ultimate Daily Schedule for Real Estate Agents Read More »
Growing your own real estate franchise can be an incredibly rewarding experience and a great way to leave your mark, but there are also unique challenges. It is essential that as the leader of your brokerage, you develop a plan and strategy to help navigate the real estate market. So before you invest in a
How to Grow Your Real Estate Brokerage Read More »
Good news for buyers who are tired of high interest rates: relief is coming. After months of turmoil on the housing market, it should be a little calmer by 2024. Despite the fact that many of the same factors which impacted affordability in 2023 – namely high mortgage rates and a lack of inventory –
Housing Market Predictions for 2024 Read More »
The recent $1.8 billion verdict against the National Association of Realtors and several brokerages may change the way Americans purchase and sell homes. A jury in the case found that these groups conspired together and used NAR rules to artificially increase real estate commissions, which caused home sellers to pay excessive fees. The outcome of
How the NAR Commission Case Could Change the Real Estate Industry Read More »
Do you want a stable source of income? You might find that a real estate franchise is the best way to grow your career in the industry. Franchising is becoming more common each year. And there are good reasons why. With the right information, investing in a real estate franchise can bring excellent returns! Owning
Is a Real Estate Franchise a Good Investment? Read More »
If you’ve been snoozing through the past decade—first off, lucky you. But you might’ve missed the memo that sustainability is no longer just a buzzword. We’re not just talking about straws and tote bags. We’re talking about how entire industries are rethinking their practices. Now, let’s narrow it down to real estate. Houses, buildings, and
Sustainability in the Real Estate Industry Read More »
The traditional real estate brokerage. Remember when that was the only game in town? Good times, but let’s be real; the traditional model has its issues. Big ones. They’re like an old car that gets you around, but guzzles gas and breaks down every other week. It’s time for an upgrade. In the traditional model,
What Is a Discount Broker in Real Estate? Read More »
