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
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
Co-opetition: The Morphing Role of Movers There have always been trucks. Before relocation became an alphabet soup of RMCs, DSPs, HSA and CRPs, movers served the fundamental need of mobility: “Get my stuff to my new home.” It’s complex, sensitive and unglamorous work in a highly competitive industry. Movers...
2017-03-29
What Trump’s ‘Big Number’ on Dodd-Frank Means for Brokers President Donald Trump has promised many changes since being sworn in a couple short months ago, but one of the more specific—and likely to impact real estate brokers across the nation—is his pledge to “do a big number on Dodd-Frank.”
This call to action is a...
2017-03-28
Report: How to Drive Employee Engagement A growing body of research has shown the crucial role employee engagement plays in the success of work units, departments, companies, and entire economies. In the U.S. alone, disengaged employees cost organizations an estimated $450–$550 billion each year. Worldwide, study after...
2017-03-23
'Fur Babies' Drive Home Improvements Sixty-one percent of U.S. households have an animal or plan to get one in the future and 99 percent of owners feel that their animal is part of their family. In the Animal House: Remodeling Impact report, animal owners share their experiences of renovating their homes to enhance the...
2017-03-23
Cost Prevention by GBO Intervention The corporate transfer process presents many opportunities for relocation departments to favorably influence a client’s program costs. An important one for clients is preventing inventory acquisitions or GBOs (guaranteed value buy-out) by obtaining a market sale instead. It is...
2017-02-27
Beyond the Plateau: Brokers Share Growth Strategies at NAR Summit If there’s one thing you can count on in the real estate market, it’s change—and if you want your firm to succeed long-term, it had better be able to change right along with it.
No one knows this better than the panelists who took part in RISMedia’s Power...
2017-02-22
Survey: Many Americans Stressed about Nation's Future Two-thirds of Americans say they are stressed about the future of our nation, including a majority of both Democrats and Republicans, according to the American Psychological Association's (APA) report "Stress in America™: Coping with Change."
More than half of...
2017-02-21
House and Senate Members Move to Make New Markets Tax Credit Permanent Legislation was recently introduced in the House and Senate to secure the future of the New Markets Tax Credit (NMTC). The bills, both titled The New Markets Tax Credit Extension Act of 2017, respectively H.R. 1098 and S. 384, would ensure that rural communities and...
2017-02-21
Millennial Compensation and Performance Survey Reveals Traditional Practices Not Working Successful businesses understand their markets and their customers. The same cannot always be said about the people they employ to operate their company. Not understanding the millennial employee could have a devastating effect on a business. As the largest generation, millennials...
2017-02-21
Power Broker Strategies: Social Media Shores Up Marketing Always on the lookout for tools that will help his firm grow, Scott MacDonald, broker/owner and president of RE/MAX Gateway in Chantilly, Va., is a big believer in RISMedia's social media program, ACE (Automated Content Engagement).
“I started using ACE about...
2017-02-21
Dow 20K to Benefit Housing Market…at Least, Psychologically There are many key metrics that brokers look to in order to gauge how the housing market is trending. The Case-Shiller Index, the National Association of Home Builders/Wells Fargo Housing Market Index and the National Association of REALTORS® monthly existing-home sales statistics...
2017-02-21
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
2017 Outlook: Will Policy Changes Extend the Expansion? Despite a strong year-end performance by the stock market and a post-election jump in confidence among consumers and businesses, limited information on the new administration's potential economic policies led to a conservative 2017 growth projection of 2.0 percent, according to the...
2017-01-27
US Middle Market Finishes 2016 with Strong Performance U.S. middle market companies reported an average revenue growth of 6.9 percent in the fourth quarter of 2016, capping off a strong year of overall growth, according to the National Center for the Middle Market (NCMM). Combined with steady job gains, this finding from the NCMM's Q4...
2017-01-26
Compensation Steadily Rises for Corporate Real Estate Professionals In a recent survey of corporate real estate executives at corporations around the globe, 81 percent reported that their base salary increased from 2015 to 2016 by an average of 4.6 percent. In addition, 75 percent projected further increases in 2017, according to a survey conducted by...
2017-01-26
Power Broker Strategies: Leveling the Playing Field Ever since moving to North Carolina in the '80s, Marti Hampton, broker/owner of RE/MAX One Realty, has been a top real estate agent serving homeowners in Raleigh, Cary and the rest of the Triangle region.
"This was my first career," Hampton says. "I...
2017-01-26
Most Real Estate Pros Struggle to Clock In on Social Media Social media is no longer an offshoot of a real estate marketing strategy. It's a full-fledged, proven business-builder, carving paths to fresh crops of leads online with every share.
Finding time to make the effort? That's a whole 'nother story.
According to a new...
2017-01-26
Creating Distinctive Client Value in Destination Services We often hear from relocation directors and their brokers that they are feeling disenfranchised these days. Their core services for incoming transferees - personalized, needs-based, locally expert and top-agent supported – are too often bypassed by an internet-oriented generation...