You’ve heard the news and you’ve likely experienced it first-hand: the housing market is hot, and homes are moving as fast as ever. But there’s one segment of the industry that seems to be slowing down: luxury real estate. As a Realtor, it’s important to understand the complex influences that drive down demand or slow the market—and it turns out, there’s a lot going on in this picture.
Myriad factors are affecting the luxury real estate market
Let’s take a closer look a... read more
Maybe you’ve been a Realtor for years. Or maybe you’re considering starting a career as a real estate agent. Whatever the case, it’s time to get it all out on the table: being a real estate agent can be challenging at times. Sure, it may look easy from the outside, and as we’ve detailed in the past, the benefits of being a Realtor are pretty awesome.
But the truth is some aspects of the job can be trying, with many of them unique to having a career in real estate. So in the spirit o... read more
As a new real estate agent, you want to find the brokerage that’s right for you. As it turns out, you can’t judge a brokerage based on commission splits alone! Sure, the temptation is great—but in reality, a brokerage can—and should—offer so much more that will help you achieve success as a Realtor. And isn’t that what’s it all about?
What to look for in a real estate brokerage
When searching for the ideal brokerage to help further your career as a real estate agent, you... read more
When building a business, strategic partnerships and promotions can often help drive customer referrals, not to mention, revenue. The old adage, “You scratch my back, I’ll scratch yours,” seems like a good idea and a mutually-beneficial move. But when it comes to Realtors entering into marketing services agreements (MSAs), things can get sticky, and there’s a lot to carefully consider.
An MSA is a partnership typically forged between a real estate broker and a title company or mortgage pr... read more
As a real estate agent, you know how important it can be to shop for a mortgage. But the fact is most home buyers aren’t doing it. According to a survey of more than a thousand Americans, only a third said they always shop for the best loan rates, and 18 percent reported that they never shop around for loans. That’s according to, “Study: Most Buyers Fail to Shop for a Mortgage,” on www.realtormag.realtor.org. Experts say even a small interest rate difference of one percent can amount to thou... read more