Summary of the Lawsuit A significant lawsuit against the National Association of Realtors® (NAR) and other major real estate agencies has recently changed how real estate agent compensation works. The lawsuit argued that certain practices around agent commissions were unfair, resulting in new rules that impact how agents are paid when a property is sold. […]
Mortgage rates are influenced by a myriad of economic and geopolitical factors, some of which may initially seem unrelated to the housing market. The recent Israel-Gaza conflict provides a prime example of how global events can have ripple effects on domestic mortgage rates. Here’s a deep dive into how the outbreak of this conflict inadvertently […]
The home inspection process is a critical step in buying a property. Yet, it has been widely misconstrued as a deal killer, leading to anxiety for real estate agents and prospective buyers. Home inspections are not the culprits in killing deals; they expose underlying issues that may impact the buyer’s decision. Here are the three […]
Many real estate agents and trainers like to quip that, “buyer are liars,” and that thought is a terrible way to begin your approach to help a home buyer. The simple truth is that buyers start their search at the outer ring of the bullseye not sure of what they really want to buy. It’s […]
You’ll often hear real estate agents ask if the buyer has been pre-approved. We should clarify that pre-approval is at the beginning of a full process of underwriting not only the buyer’s capability to borrow money and pay it back over time, but also a question of whether or not the property itself has enough […]
Too many agents decide to enter the real estate business without a vision for how they will build their business. They assume that by knowing enough people and talking to them about buying or selling real estate they will somehow build a sustainable business. The key is to start off with a simple strategic plan […]
As a real estate agent you must realize that you are building a business and to be successful you need a good plan. However, even with a great plan, you’ll need to know that there will be many setbacks as you learn how to be successful and you should not use those challenges as a […]
As you switch from a sales brain to an administrative brain you must also get help from detail-oriented people. However, do not run away from your responsibility to be the leader and explain the closing process to your client while also stepping in to handle any closing issues that threaten the sale. GRAB OUR FREE […]
When real estate agents engage with buyers and sellers they are creating a professional relationships within which the client will need straightforward advice in order to move through sticking points. Use your empathy and care but you must give straightforward clear advice that helps them get the deal that fulfills their “why” they wanted to […]
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