Survey: The Risks of Making the Wrong Hire A new study from Monster Worldwide, Inc. reveals that nine-in-ten small business owners (89 percent) identify hiring the wrong person for a job as a risk to the company, with half (51 percent) saying it is a major risk.
Conducted by Braun Research on behalf of Monster, the Small...
2016-05-06
6 Success Lessons from Business Thought Leaders Want to succeed? Learn from the greats! Finding a mentor in the real estate industry can give you an edge on your journey to achieving success. Not only will you gain valuable insights, you’ll also have the benefit of learning from their mistakes.
Your mentor...
2016-05-06
MBA: Mortgage Applications Tumble Mortgage applications decreased 3.4 percent from the week prior, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 29, 2016.
The Market Composite Index, a measure of mortgage loan application volume,...
2016-05-06
Brokers: Don’t Fear the Election, Use It The 2016 presidential election has caused quite a stir throughout the nation, and when the Republican and Democratic conventions are held this summer, all of the campaign rhetoric, media blitzes and impassioned arguments on both sides of the political spectrum will likely make people...
2016-06-07
Millennials Training for Career Ultramarathons Millennials are set to run career ultramarathons and anticipate taking breaks along the way, according to a recently released ManpowerGroup report. They prioritize job security and the opportunity for new challenges and types of work. Based on a global study of 1,000 millennials from...
2016-06-07
8 Red Flags that Your Company Needs a Service Overhaul These days providing a great—heck, exceptional—product or service won't keep customers happy. (You can thank the hyper-connected global economy for their fickleness.) No, we must also delight customers with an outstanding service experience. Problem is, it's all too...
2016-06-07
An Influx of Young Members to the REALTOR Family The 2016 National Association of REALTORS® Member Profile shows some interesting changes in the demographics of NAR members. There are several major trends that have emerged from the data; the foremost is that there were many younger, new members entering the real estate business...
2016-06-07
For Corporate Mobility, It’s All About the Service Metrics Mobility industry KPIs (key performance indicators) go way back, but recent buzz may have you thinking otherwise. One long-standing metric is “overall service satisfaction” – a rating given by transferring employees to RMCs for mobility services coordination. Other...
2016-06-07
Massive Actions Create Massive Results What if I told you (and you agreed) that you would not make a single dollar in 2016 unless you achieved double your income goal? That means if your goal is to make $100,000, we move it to $200,000. If your goal is to make $500,000, we move it to $1 million GCI. You’ll either get...
2016-06-07
The Importance of Culturally Competent Mortgage Professionals Home-buying season is in full swing and with more homes expected to hit the market it should be a busy season. If 2016 shapes up to be like 2015, we can expect about 32 percent of the homebuyers to be first timers, according to the 2015 NAR Home Buyer and Seller Generational Trends...
2016-06-07
New Buy vs. Rent Index Shows U.S. Housing Market Moving Deeper into Buy Territory The latest national index produced by Florida Atlantic University and Florida International University faculty indicates the United States housing market as a whole is moving deeper into buy territory suggesting that, on average, residential housing markets around the country are...
2016-06-07
The 4 Keys to Reproducible Results Matthew and Janice are emerging entrepreneurs who recently went into business together. During a meeting, they discussed their future profit projections and how well their business is performing financially six-months after its opening. What began as a conversation about dollars and...
2016-06-28
Student Loan Debt a Hurdle to Homeownership The U.S. currently has a student debt load of $1.3 trillion, which accounts for 10 percent of all outstanding debt. The magnitude of the debt continues to grow in size and share of the overall debt in the economy. While this amount of debt has risen, the homeownership rate has fallen,...
2016-06-28
Luxury Brokers Brace for 'Brexit' Fallout to Reach Across the Pond As anyone who does business in the upper end of the luxury markets can tell you, real estate trends are very much about confidence. After all, those who buy and sell $10 million-plus homes are a pretty confident bunch.
The truth is they often don’t really need the home. From...
2016-07-01
Attracting the Right Talent One of the biggest issues facing brokers and teams today is their ability to find, attract and hire talent. To keep any office humming along efficiently, it’s critical to get the right people in key positions.
There are many different positions an office or team might...
2016-07-01
Understanding Dodd Frank Section 342: Diversifying Vendor Partnerships Mention Dodd Frank 342 and you may get a blank stare, but it’s a regulation that needs some serious thought. The disproportionate impact of the economic downturn on diverse communities and minority- and women-owned businesses prompted legislators to seek stop-gaps for future...
2016-07-01
The American Dream is Alive and Well, but Will the Starter Home Survive? Achieving the American Dream conventionally involved acquiring a starter home—purchasing a house for life led now, with the intention to trade up to a home that meets needs in the future.
The Dream’s alive and well. Starter homes? Hardly.
A solid three-quarters of...
2016-07-01
Survey: Small Business Owners Thrive on Independence Seventy percent of small business respondents in a survey issued by Endurance International Group believe owning a small business is the best job they have ever had, despite the significant financial and personal costs. This majority finding underscores the value small...
2016-07-01
Partners for the Long Haul? Reconsidering Your Household Goods Options The old stereotypes of relocating employees are pretty much gone. The typical 1960s mid-career male manager with the stay-at-home wife, 2.4 children, a three-bedroom house, station wagon and shaggy dog would be bewildered at today’s diverse transferee matrix of nationalities,...
2016-07-05
Foreign Buyers Retreat from Purchasing U.S. Residential Property in 2016 The slowdown in economic growth in many countries, rising U.S. home prices, and the strengthening of the U.S. dollar against many foreign currencies led to a retreat in foreign buyers purchasing U.S. residential property, according to NAR’s recently released 2016 Profile of...