How Does Real Estate Commission Work? Many people don’t understand how real estate commissions work. Real estate agents don’t get paid hourly or receive a salary. They get paid commissions from their real estate sales. When you are buying or selling property, the most practical approach is to hire a real estate agent. Buyers agents …
Many home sellers listing their houses in today’s ever changing market are coming to the realization that it isn’t selling at the speed that their neighbor’s did 3 months ago. Selling a home has become a little more challenging and the average time that a property is on the market has increased substantially. The days …
4 Hacks to Selling Your Home in a Buyer’s Market Read More »
The Most Popular Subdivisions on the Northshore The Northshore of New Orleans has seen some of the fastest real estate growth over the last 20 years as just about any location in Louisiana. Since much of the area was built by local developers, much of the Northshore is divided into subdivisions.Each of these subdivisions were …
Cost of a Real Estate Franchise For aspiring entrepreneurs not looking to start a new business from scratch, a franchise can be a smart investment. From a marketing and branding perspective, you’re buying into a model that already works. The company you’re buying into has already spent the time and money trying different strategies and …
Oh, how the real estate market has changed! Just ten months ago, the average interest rate was in the low 3% range, and houses were flying off the market. Fast forward to fall 2022, interest rates are now hovering around 7%, and the market has ground to a halt. After two years of hustle and …
Leveraging Lower Commission Fees to Sell Your Home Fast Read More »
Most potential homebuyers that are ready to make their dreams of owning a home a reality have probably already heard that you should consider getting pre-qualified vs pre-approved for a mortgage. Now, it’s time to understand exactly what those terms mean and how they may help you attain your goals of homeownership. And anytime you’re …
Pre-Qualified vs Pre-Approved: What’s the Difference? Read More »
A short time ago, I was in a Clubhouse real estate room and I was called up to speak. This was a room designed to help people learn to cold call potential clients for lead generation. After doing my presentation, which mainly consisted of our value proposition, everyone’s head exploded. When I finally got a moment …
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 …
Understanding Realogy’s Point on Buyer Agent Commissions Read More »
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 …
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 …
When Will Real Estate Innovation Help the Consumer Read More »