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Q4 BrokerPulse: Commission lawsuits spur proactive changes for real estate brokers

Housing Wire

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Only 1% of respondents say they are restructuring their compensation model.

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CFPB, senators pledge to look at house-flipping business practices

Housing Wire

You mentioned that ProPublica article that obviously had some very troubling allegations, I don’t want to comment on that in too much detail,” Chopra said. We have thousands of encouraging stories of franchises going beyond expectations to help sellers and their communities.” A duo of bipartisan U.S.

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How to become a luxury real estate agent

Housing Wire

How do you convince the sellers of $15 million homes to work with you? What we would like to focus on for the purposes of this article are the top 10-20% premium properties in your market. Attend workshops, seminars, and training programs to understand the latest market trends and incorporate innovative practices into your approach.

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14 indispensable AI tools for real estate agents

Housing Wire

Automated chatbots can help you field calls, texts, emails and website inquiries to qualify incoming leads and segment buyers and sellers by their areas of interest in your CRM — all before you even pick up your phone to call or text those prospects. Need more examples?

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5 steps to succeed as a real estate agent in a down market 

Housing Wire

Share your insights about it on your stories or your statuses, offer tips for buyers and sellers and showcase your expertise. Right now, I’m on the train of sending one email a week to prospective clients. We’ve got to attend industry conferences, take courses and read books and articles related to real estate.

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Do We Hope This Listing Goes Viral? No We Don't.

Miller Samuel

Yesterday's Bloomberg article caught my eye: Greenwich Homeowner Bets on Virus Getaway Pitch to Win a Sale. The article featured a listing in Greenwich, CT that came on 68 days ago that wasn't moving (I assume this based on what was done later). The owner in the article said: “I rented property in the past. Please read on.

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Have you clearly defined your brokerage’s value proposition?

Housing Wire

This article is part of our HousingWire 2022 forecast series. But we think that leading brokerage companies, or market-share leaders, will need to incorporate and embed these services in their everyday offerings to buyers and sellers,” Murray said. With that, comes a whole new level of skill, implementation and training.

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