When Appraisals Come Back Low, Brokers Scramble to Salvage Deal As brokers, the primary job of bringing buyers and sellers together on a price usually seems like the bulk of the work, but it’s really only half the battle. Inspections, taxes, insurance and financing are just a few of the outside forces that need to be satisfied before...
2019-04-24
When Buyers Turn to Another Agent No one enjoys being dragged into a procuring cause dispute. What steps can you take to prevent procuring cause disputes? Everyone knows who represents the seller. How can you strengthen your claim on the buy side?
The Role of Buyer Representation Agreements
The Accredited...
2019-04-25
When New Construction Comes to Town If high-end condominiums are sprouting up in your neighborhood, they might be on the verge of setting record prices per square foot. Now that developers are back to breaking ground and building new homes, they are likely to generate some valuable deals for real estate brokers.
Newer...
2014-08-26
Who Moved My Real Estate Market? After years of record-low housing production, builders across the nation are gearing up and bringing homebuilding back to life. Building on an inventory of lots purchased during the recession, new-home construction is helping to offset low housing inventory and increasing buyer...
2014-06-17
Who Really Rules the Roost? Pets and Home Buying Pet owners might agree that their pets secretly (or not so secretly) rule their homes. According to NAR Research, 99 percent of pet owners consider their animals to be part of the family, and many pet owners make home choices, and even undertake home renovation projects, with their...
2019-01-24
Why Remodeling Can Bring More Joy to a Home The expected tenure of homeowners in a home continues to increase, according to the latest Profile of Home Buyers and Sellers. Last year, the expected tenure was 12 years - this year, it jumped to 15. And, with tightened inventory in many markets, people are staying put in their homes...
2017-11-29
Why Single Family Rentals are Here to Stay There’s only one reason why the housing crash wasn’t any worse than it was on the nation’s homeowners, mortgage lenders and local communities—and it wasn’t the federal government. Private investors have accounted for 15 to 25 percent of home sales since...
2013-04-01
Why Some REALTORS Make More Money In mid-May, the National Association of REALTORS® (NAR) released its latest 2014 Member Profile. The Profile highlights the changes that have occurred among members as the housing market constantly changes based on inventory, home prices, and perception of the market.
For the...
2014-06-17
Why You Should Hire a Social Media Assistant Social media continues to be one of the best ways to find new business. Creating your social footprint is a great first step, but having someone who knows how to run those accounts and platforms to optimize your results is the best way to ensure the success of your business through...
2019-01-24
Why You Should Work with Buyers from China...and How One of the hottest trends in American real estate right now isn’t coming from America. It’s the millions of new Chinese buyers that are investing in residential properties here in the USA. They’re wealthy. They’re motivated. And they’re very savvy when it...
2013-06-13
Why Your Last Hire Failed: CFOs Cite 'Mismatched Skill Set' as Leading Cause Recent research reflects a continuing trend: Aside from poor performance, failed hires are a result of a mismatched skill set. Nearly four in 10 CFOs interviewed (38 percent) for a survey by Robert Half Finance & Accounting responded this way, up two percentage points from...
2016-11-28
Will Single Buyers Capture a Greater Share of 2017 Home Sales? According to data from the National Association of REALTORS®, the share of single buyers was on the decline from 2011 to 2015, as there was more competition in the market by investment and vacation homebuyers. The share of single buyers rebounded in 2016, however, possibly...
2017-02-21
Winning in the Luxury Market: Do You Have What It Takes? The highest end of the luxury real estate market has long been the domain of a very few, well-connected brokers. However, now that the wealthiest buyers are out and looking again, some mainstream real estate firms hope to make $3 million-plus transactions a bigger part of their...
2013-04-01
Winning the Talent Wars If you haven’t heard the term “talent wars” yet, you have now. They are heating up, and most small businesses aren’t very well equipped to compete in them.
Talent wars refers to a growing shortage in the U.S. labor market for properly trained and educated...
2015-05-27
With Quick-Drying REO Market, Time Is of the Essence Brokers around the nation are seeing different trends in the real estate owned market, but whether there is a full pipeline of properties being unloaded in your territory or the supply has just about fried, one thing is consistent—there isn’t a lot of time to get these...
2015-02-25
Work-Life Balance on the Rise, and Managers Are Leading the Way Workers' ability to juggle the demands of the office and home is on the upswing, with those in charge greatly aiding the cause, recent research suggests. In the Robert Half Management Resources survey, the majority of professionals (52 percent) said their work-life balance has...
2017-09-14
Workforce Eager for Student Loan Benefits Average student loan debt now exceeds $37,000 per graduate entering the workforce. As young adults continue to struggle with student debt, they are looking to employers with student loan repayment benefits to help them with their monthly payments, according to a new...
2016-12-27
Working at a Small Versus Large Real Estate Firm Whether you are new to the real estate industry, or are an experienced licensed agent, here are some facts about working at a single-office versus multi-office real estate firm from the 2017 Profile of Real Estate Firms report.
The majority of real estate firms have a single...
2017-09-08
Yes, Millennials, But Don't Forget Gen X While it is true that millennials are the largest group of homebuyers, Gen X (those between 38-52 years of age) is also an important generational group: they comprise 26 percent of recent buyers and are the most racially and ethnically diverse population of buyers. They are also in...
2018-05-30
You Got Your MTV, Now Say 'I Want My BPP' In August 1981, MTV became the first all-music video channel. It went live with its first video by The Buggles, "Video Killed the Radio Star." The cable television channel had a little over 200 videos to air. Sixteen of those videos featured Rod Stewart.
Still,...