Real Estate News

Real estate news and blogs

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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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 Do Real Estate Commissions Work

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. Per the department of Justice and anti-trust laws, there are no set real estate commissions. Now, let’s explore the frequently asked question, how do real estate commissions …

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Real Estate is disrupted

Real Estate is Disrupted, Who Feels the Pressure?

Disruption is here in real estate, but just who’s getting disrupted? Who’s getting the pinch? Who’s feeling the pressure? It is very convenient and easy to simply drop the buzzword that is “disruption” to describe an industry rife with change. But to truly understand what’s going on you need to understand who is disrupting whom, …

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fastest growing real estate broker

1 Percent Lists Named 3rd Fastest Growing Real Estate Broker in America

Inc. 5000 On August 17, Inc. magazine revealed that 1 Percent Lists is No.441 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, …

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digital marketing tip for real estate brokers

4 In-Depth Digital Marketing Tips for Real Estate Brokers

Digital Marketing is an essential weapon in your real estate firm’s arsenal. It can help put your business ahead of the competition while improving customer relationships and building brand loyalty. In 2020, 88% of buyers purchased their homes through real estate brokers. Since the demand for real estate services is high, so is the supply. …

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Google Remarketing Intices Visitors to a Second Bite of the Apple

Google Remarketing Entices Visitors to a Second Bite of the Apple

Google Remarketing Entices Visitors First-time website visitors are a difficult bunch to nail down. Chances are that they are simply “window shopping” for information, leaving the merchant with little to go on regarding their intent. According to 1% Lists, a discount real estate brokerage company, 97% of first time website visitors do not make a …

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Using a Discount Real Estate Broker

The Advantages of Using a Discount Real Estate Broker

Using a Discount Real Estate Broker Traditionally, homeowners have used standard real estate brokers to sell their homes. These brokers take a commission fee of, on average, 6%. And when combined with all the other costs that come with selling a home, listing and selling a house can end up costing upwards of $15,000 or …

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