The Power of a Team I often hear from experienced and successful agents that they're not sure if they want a big team. Let's address that first by saying we're all teams at some level. Because of the complicated nature of the real estate business, it would be very difficult to do business...
2017-03-29
The Resilience of RESPA This column is brought to you by the NAR Real Estate Services Group.
With the recent change in political landscape, attacks against the Consumer Financial Protection Bureau (CFPB) are relentless, causing many to question the longevity of the agency charged with regulating consumer...
2017-03-29
Report: Low Homeownership Rate Has Ripple Effect for Economy The homeownership rate in the U.S. has taken a nosedive since the early 2000s—and the economic impacts of the decline are staggering.
According to recent report by the Rosen Consulting Group (RCG), the economy lost over $300 billion, or 1.8 percent of GDP, as a...
2017-03-29
Four Steps to Help Identify Superior Talent Interviewing is a vital part of the staffing process, so in order to select the best talent for your organization's needs, the interview must be done right. Hiring expert and business consultant Scott Wintrip says that conventional interviews don't work, and that hiring...
2017-05-01
8 Essential Strategies for Achieving Business Longevity Everyone who starts or leads a business dreams of passing it along to the next generation. But few are successful in making it happen. Every year, countless businesses and organizations fail. Excuses are made and fingers are pointed. Long-term success takes more than hard work and a...
2017-05-01
Homebuyer and Seller Generational Trends 2017 The National Association of REALTORS® Research department recently released its fifth annual "Home Buyer and Seller Generational Trends Report" for the fifth year. The survey takes an in-depth look at generational differences among homebuyers and sellers over the...
2017-05-02
Power Broker Strategies: Education Leads to Success Those who have been involved in the central New Jersey real estate market for a while know the name Ann Davis; she's spent the past three decades as a leading REALTOR® and advocate for the profession.
That's why it's no surprise that her daughter, Stephanie...
2017-05-02
Relocation Departments: Not Just Vendors, but Partners, Too Vendor. Provider. Supplier. Partner. These labels are often interchanged when describing relocation business arrangements. Of all terms, “partner” seems to imply something more than a simple service and fee exchange. It suggests more flexibility, transparency and a higher...
2017-05-02
Is There Hope for the Homeownership Rate? The homeownership rate clung to 63.6 percent in the first quarter of 2017, virtually unchanged from 63.7 percent the quarter prior and 63.5 percent the year prior, according to the U.S. Census Bureau's recent Quarterly Housing Vacancies and Homeownership report. Will it ever...
2017-05-02
Take a Bow and Reclaim Your Rightful Place Get ready for a news flash: Real estate is a really hard business. I've been in the game for 13 years and have seen the changes, including the incredible rise of Zillow and realtor.com®, along with the impact the Keller Williams model has made—and somehow, as Todd...
Trump's Tax Plan: So Much for Brokers to Watch Brokers have been busy parsing the statement of principles issued April 26 by U.S. Treasury Secretary Steve Mnuchin announcing "a massive tax cut for businesses and massive tax reform and simplification."
Brokers and real estate professionals from all corners of the...
2017-06-15
Positive vs. Negative Leadership: 5 Scenarios The average modern-day workplace is far from positive. Everybody is already tense and on edge due to work demands, stress, office politics, and the economy. Add in a pessimistic, angry leader, and you've got a bigger problem. In fact, a recent Gallup poll estimates that negativity...
2017-06-15
Natural Born Leaders: The Women in Charge at BHHS Fox & Roach While statistics from the National Association of REALTORS® show that 62 percent of REALTORS® are women, the broker and executive level of the real estate business is still predominantly occupied by men. Fortunately, the tides are turning and more women are taking their place...
2017-06-15
Growing Your Business in Unpredictable Times: Don't Miss RISMedia's 2017 CEO Exchange Over 225 of the most powerful and successful real estate leaders will take to New York City this September for RISMedia's 2017 Real Estate CEO Exchange, "Growing Your Business in Unpredictable Times." The exclusive, day-and-a-half-long event, taking place Sept. 12-13...
2017-06-15
Banker Optimism Returning to Pre-Election Levels Following the transition to a new presidential administration last quarter, bank leaders were optimistic about the future of the banking industry. However, the results of this quarter's Bank Executive Business Outlook Survey, conducted by Promontory Interfinancial Network, show...
2017-06-15
A Better Crystal Ball: Building Your Competitive Advantage With Big Data Thanks to technology, businesses in every industry are inundated with countless amounts of data, so much so that many don't fully understand how to make sense of it all. Data provides us with a blueprint of the past, but in reality, it can be even more...
2017-06-15
Profile: Vacation Homebuyers The 2017 Investment and Vacation Home Buyer’s Survey from the National Association of REALTORS® (NAR) illustrates that while 2016 was a strong year for primary home purchases, the share of vacation homebuyers slid for a third year to 12 percent. Tight inventories and growing...
2017-06-16
Paper Tiger: The Stalled HRO Takeover of Mobility Maybe revolutions are called that because after 360 degrees they are back where they started. Pardon the geometry, but hot trends are not always harbingers of the future. Sometimes new ideas grab a lot of quick traction and are projected to be the next global change, yet ultimately...
2017-06-16
Number of Minority-Owned Employer Firms Increased in 2015 Minority-owned employer firms in the United States increased by approximately 4.9 percent in 2015 to 996,248 from 949,318 in 2014, according to findings from the U.S. Census Bureau's 2015 Annual Survey of Entrepreneurs.
The 2015 Annual Survey of Entrepreneurs...