Beyond Referrals Last month, our column discussed how changes in the corporate mobility industry may herald new business opportunities for brokerage-based relocation departments. Traditionally, relocation directors focused on buyer and seller referral revenue, but with fewer corporate transfers and...
2013-04-01
Being Proactive while Working with ‘Foul-Weather’ Developers For decades, real estate brokers have built successful careers by matching buyers and sellers together in the hopes of getting a deal that benefits both sides. Now the representatives for buyers are directly working with more developers as the market rebounds, zoning laws change and...
2014-10-22
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
Banker Confidence Shifting Significantly to More Positive Territory For the first time since Q1 2017, a composite outlook of bank CEOs, presidents, and CFOs from across the United States suggests that there is more optimism about the banking industry, as well as overall economic conditions.
This according to Promontory Interfinancial...
2018-02-24
Bank Economists See Healthy U.S. Economic Growth Through 2015 The U.S. economy will grow nearly 3 percent on an inflation-adjusted basis this year compared to 2.5 percent last year, according to the Economic Advisory Committee of the American Bankers Association.
The committee, which includes 15 chief economists from among the largest banks in...
2015-01-20
Balancing Act: Walking the Generational Tightrope REALTORS® are significantly different in terms of age and ways of communicating compared to their clients. However, these “generational differences” may not be as disparate as they first seem.
The typical REALTOR® is a 54-year-old female. That age has dropped...
Baby Boomers Right at Home in Empty Nests Think parents are depressed because the kids have left the nest? Think again.
Empty nesters are enjoying better social lives, traveling more frequently and have more financial freedom, according to a recent Del Webb Baby Boomer Survey from national homebuilder PulteGroup, Inc. The...
2013-10-17
What Are Existing-Home Sales, and Why Is the Data Important? What Are Existing-Home Sales?
Existing-home sales data are a monthly measure of the sales volume and prices of existing single-family homes, condos and co-ops nationwide. Existing-homes, unlike new homes, are homes that are owned and occupied before coming onto the market....
2019-06-25
John Vatistas: Bringing New 'Mojo' to Real Estate When Scottsdale entrepreneur John Vatistas, founder and CEO of Launch Real Estate, came up with the idea for the brokerage last year, his goal was to abandon the traditional way of doing things and offer something unique to consumers in the local luxury real estate market.
Although...
2017-03-29
August Construction Rises 2 Percent At a seasonally adjusted annual rate of $490.2 billion, new construction starts in August advanced 2 percent relative to July, according to McGraw Hill Construction, a division of McGraw Hill Financial. Residential building stayed on the upward track, and nonbuilding construction...
2013-09-24
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
Attitudes on the Economy Staying the Course Like general political attitudes, attitudes towards the economy are holding steady, according to the results of a recent Harris Poll of 2,234 adults surveyed online between March 12 and 17, 2014.
One-quarter of U.S. adults (24 percent) say they expect the economy to improve in the...
2014-03-27
As Social Networks Cash in on Real Estate, Agents Look for Profits of their Own While many brokers continue to question the ROI of social media along with the amount of time their agents devote to posting, tweeting, pinning and the like, it has proven to be a a very valuable resource for real estate professionals. It’s helped them promote their listings in...
2014-02-25
Are Your Pre-decision Assistance Services Under the Radar? As an effective risk management tool for corporate relocation administrators, it’s no wonder pre-decision services have gained popularity. According to various WERC reports, corporate employers have increased use of pre-decision services in their mobility programs by about 20...
2014-08-27
Are You Adapting Fast Enough? Your Questions Answered at 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...
2017-07-20
Are Relocation Professionals Robot-Proof? Ever wonder how artificial intelligence would affect the corporate relocation industry? Could robots ever take over?
Clearly, there is expanding reliance on technology applications, especially to track and report data and manage administration processes. But among the tech tools,...
2017-07-27
Are Decentralized Platforms the Future of Online Interactions? Traditional social media platforms such as Facebook and Twitter, while still immensely popular, have lost users and have experienced changes in traffic patterns. In fact, according to an August 2018 SimilarWeb report, over the last two years, Facebook's traffic has dropped from 9.5...
2019-02-27
Are Dated Appraisals Holding Back the Recovery? Some of the most beaten down real estate markets are finally experiencing that long-awaited bounce back from the crash. Cash offers are yielding more sales. Pent-up demand is driving prices higher. But something’s missing.
Brokers in the faster markets such as Nevada, California...
2013-09-23
Are Corporate Mobility Specialties Hiding in Your Market? Could the combined proficiencies of corporate mobility and real estate enhance specialization options in some markets? Yes, but first, some of the more basic reasons why real estate professionals specialize in the corporate sector in the first place:
Corporate assignees are highly...