Realogy

Understanding Realogy’s Point on Buyer Agent Commissions

For those who might have missed it, Realogy, one of the biggest real estate companies in the world, just publicly announced that it supports ending the requirement that a buyer’s broker be offered compensation by the MLS. How big is Realogy Realogy supported roughly 1.4 million home transactions in 2020 and has just under 200,000 …

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new real estate agents

New and Struggling Agents, Do This One Thing

I spend a lot of time in social media channels and clubhouse rooms dedicated to helping new agents and struggling agents get more deals. I have heard every bit of advice from cold call more, use this script, join a team, door knock here, buy Zillow leads, hold open houses for successful agents, and everything …

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Real Estate Innovation

When Will Real Estate Innovation Help the Consumer

The Real Estate Tech Boom I began my real estate career in the spring of 2011 just as the technology boom was really starting to take hold in the real estate industry. Smart phones were popping up everywhere and apps were being developed to make a real estate agent’s life easier. Bluetooth lockboxes were making …

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what is a condotel

What is a Condotel

What is a condotel? A condotel, also known as a condo hotel, hotel condo, or a contel, is a building which is legally a condominium but which is operated as a hotel, offering short-term rentals, and which maintains a front desk, cleaning service and more. The units are usually individually owned. The owners of units …

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What does Contingent Really Mean

Debunking the Myths About What Contingent Really Means in Real Estate

The term contingent is a clause often included in real estate contracts or an offer to purchase real estate. Nonetheless, it is frequently misused and mistaken for other terms. Understanding the meaning of such terms can help you identify properties that may still be available for purchase and how to move forward if you are …

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How much do real estate agents cost

How Much Does it Cost to Hire a Real Estate Agent

You’re dealing with a lot of money, whether you’re buying or selling a house. One mistake can cost you thousands and cause migraines for months. It’s not surprising that 88% of buyers and sellers prefer to work with a professional real estate agent when buying or selling a house. How much does a real estate …

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9 Things Real Estate Agents Should Do for home sellers

9 Things Real Estate Agents Should Do For Home Sellers

Potential home sellers hire real estate agents for one reason and one reason only. They want help selling their homes. They turn to a professional for advice and assistance. How much real estate agents cost depends on several factors. People want to work with an agent they trust and who will do everything possible to …

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Customer-Centric real estate franchise

4 Rules for Building a Customer-Centric Real Estate Franchise

The survival and success of any business largely depends on its ability to satisfy its customers. This should be obvious to any business that wants to remain competitive and become a successful franchise owner. Think about it: how would you survive if what you’re offering, producing, or doing is not what your customers want. There …

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How to choose a realtor

How are Realtors paid and how do I choose the right agent?

Most home buyers and sellers will have a general idea of how real estate agents are compensated. If asked, most would likely say, “oh they get paid 6% to sell houses” or “they get paid when I buy a house.” But very few have a true understanding of how real estate commissions work and most …

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