Everything Real Estate Agents Need to Know About the Fair Housing Act
The month of April commemorates the passing of the Fair Housing Act of 1968 — a law that is still relevant for real estate agents today. Fifty-three years after the law passed, real estate agents remain in a unique position to uphold and advance the standards of fair housing opportunities as pillars of the communities…
Read MoreThe Fair Housing Act, Springtime Inventory, and New Construction for First Time Home Buyers
Low listing inventory and high demand has created a lean market for home buyers across the nation. On top of the increase in median listing price, first-time homebuyers face the added challenge of rising material costs for new construction homes. The month of April marks the anniversary of the 1968 Fair Housing Act — making April a time to remember America’s history of financial discrimination and a time to support a future of equal opportunity in the housing market.
Read MoreHow Agents Make Daily Profit with the DSH Tracker
For real estate agents, it’s difficult to measure a successful day versus an unsuccessful one. It’s not always clear whether a full day of work will amount to any real profit. After all, you’re your own boss; you don’t clock in. Your success is based on the activities you choose to fill your schedule with.…
Read MoreDistressed Commercial Real Estate, Consumer Optimism, and Virtual Staging
The pandemic has caused an increase in funds for distressed commercial properties with nowhere to spend it. Overall, the housing market is looking up, and American consumers are feeling optimistic about the economy as vaccine distribution continues. Virtual staging technology continues to thrive as the pandemic wanes, suggesting that no-contact real estate technology may be…
Read MoreWhy Your First Hire Should Be a Client Care Coordinator
If you’re a real estate agent who is looking to start a team and you’re wondering which hire to make first, you should start by hiring and onboarding an admin — or more aptly referred to as a client care coordinator. Real estate teams who strive to serve a higher number of clients need a…
Read MoreLow Inventory, Builder Production, And Flipping During a Pandemic
Even with the dip in inventory, the market is still outperforming pre-pandemic levels. Builders are slowing down production to catch up with a backlog of projects while trying to keep construction prices in check. Lastly, home flipping is just one way the residential real estate market will stand in stark contrast to the commercial real estate market moving forward.
Read MoreReal Stories of Real Estate Coaching: 500k to 1.4 Million in Five Years
Before hiring a coach, Matt Dakoske already had 40 years of experience as a real estate agent and had many profitable years under his belt. So what was a successful agent like himself seeking from a real estate coach? And what has compelled him to stay on as a private coaching client for the last…
Read MoreAlternative Appraisal, Cash-out Refis Surging, Covid-19 & Multifamily Design
As more people work from home, employment verification has been challenging. With a cash-out refi, homeowners pay off their old mortgage and start a new one that allows them to have extra cash left over, similar to what happened before the start of the 2008 crash. Lastly, Covid-19 may create lasting impact on multifamily designs in the future.
Read MoreHow to Hire, Onboard, and Retain Rockstar Real Estate Talent
The days of the solo agent doing it all are gone, and more and more real estate companies are moving to a team model. Creating a culture of productivity and building a team around your core values will help you recruit and retain superior talent. When you onboard correctly and offer the right tools and…
Read MoreiBuying Bidding Wars, Rising Mortgage Rates, and Digital Business Development
iBuying firm Opendoor helps buyers make cash-backed offers to improve chances in a bidding war To participate, buyers will have to get prequalified with Opendoor Residence Loans or another mortgage firm. Opendoor will then pair the client with a real estate professional affiliated with the company, who will review their offer for a home before…
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