Most real estate agents have never taken the time to write down a clear financial target. In order to get started simply write down an aggressive but realistic amount of money, verify that agents in your area are already doing that, then figure out how many transactions at the median price you’ll need to be […]
Many sellers don’t understand how critical it is to list their property at the correct asking price in any market environment. The assumption that cheating their price to the high side is harmless is incorrect thinking. The wrong asking price decreases buyer traffic and feedback. The hope that someone will just “bring you an offer” […]
The greatest challenge for all real estate agents is that they think they can simply sell some properties and a business will emerge. Unfortunately, that’s delusional. Ultimately, to be successful, an agent must consciously develop the correct tri-polar personality and become a visionary, a system builder, and an assembly line worker. GRAB OUR FREE COURSES 6 […]
Real Estate Agents & Agencies in certain states are allowed to enter into a written disclosed dual agency relationship with both home buyers and a home seller in the same transaction. The agent remains responsible for confidentiality regarding material personal information and accounting for all funds. Best dual agency practices would call for the agent […]
There are several companies that have attempted to take a pure mathematical approach to evaluating a potential sales price range. They use all the available public data and simple mathematical processes to make a best guess. However, a true and useful price range will only be obtained by considering the non-mathematical physical characteristics that can […]
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 […]
Real Estate Agents are allowed to enter into a buyer agent relationship with home buyers and become a fiduciary subject to all applicable legal obligations. A fiduciary responsibility obligates the real estate agent to act as a faithful servant or trusted advisor. When engaging in a real estate purchase it’s critical to take full responsibility […]
It’s understandable that many home sellers believe that their property can’t be compared to other properties because of the many variables that make their home unique. While the many differences are stark, it’s a false assumption to assume that an organized comparison is impossible. The reality is that simple mathematical formulas help compare apples to […]
The reason that most real estate agents struggle to sell more than the average 3 homes per year is because they don’t realize that they are the owner of a business. For any business to be successful it must have a plan with solid bones that keep it from collapsing. Once an agent begins to […]
The modern day home buyer assumes too quickly that they know exactly how the home buying process works. The idea that accessing homes online is the first and best step is inaccurate. Home buying best practices include connecting with a buyer’s agent who will help you navigate the entire process versus simply identifying properties online. […]
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