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Brokerage executives double down on their lead generation strategies

Housing Wire

Meanwhile, a customer relationship management system, along with experts in marketing, sales and other areas, are designed to support these teams, he said. “If Djon Luxury Real Estate is expanding its sell-side business, training buyer-side real estate agents on the necessary contracts and selling their value to the consumer.

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Opinion: Here’s what people are getting wrong about real estate commissions

Housing Wire

The writer in the Economist says, “…either the fat fee [real estate commission] inflates the house price, or the buyer ends up paying a similar fee when he or she sells.” This is from the Editorial Board of The Wall Street Journal, “Ninety percent of transactions offer buyer agent commissions of exactly 3%.”

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The ‘double-edged sword’ of dual licensing

Housing Wire

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

With Wise Pelican, you can try both — it’s a fantastic resource for beautifully designed postcards and letters. Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. There are still plenty of buyers interested in this area.

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How Real Estate Agents Can Help Home Buyers Navigate Emotional Decisions

McKissock

It makes sense, but it can make the real estate process even tougher for buyers. Here’s how to handle emotional buyers like the pro that you are. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. Know Their Problems — and Solve Them.

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Porch.com makes Nasdaq debut, eyes acquisitions

Housing Wire

The merger with PropTech Acquisition Corp, which went public as a SPAC in November 2019 with a $172.5 Porch lost over $103 million in 2019 and $50 million in 2018. million, cleared Porch’s debts entirely. After fees and the paying down of debt, Porch now has about $200 million in capital that can be used to grow the business. .”

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How this real estate brokerage’s unique model generates more profit for agents

Housing Wire

Today, both sellers and buyers expect to handle a majority of the process online. The real estate brokerage has experienced rapid growth, doubling in sales three years in a row, from 2017 through 2019. That large volume of listings is then used to create real buyer clients organically.