Remove Brokerage Remove Client Relationships Remove Real Estate Remove Realtors
article thumbnail

Real estate technology adoption in a post-pandemic world

Housing Wire

The impact of COVID on the real estate market is significant and has forever changed the way our industry operates. This change, while disruptive and uncomfortable for some, has provoked the rapid adoption of real estate technology, the likes of which we haven’t seen before.

article thumbnail

How the homeowner management approach builds a moat around real estate businesses

Housing Wire

It’s fair to say that almost everyone living in a home today worked with a real estate professional to purchase or mortgage their home. Historically, though, professionals let their clients go after the transaction is complete rather than building a moat around the client that assures future transactions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why regular check-ins are the unsung heroes of agent retention

Housing Wire

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

Agents 421
article thumbnail

Four secrets to mastering client retention

Housing Wire

There have been numerous studies done on client retention over the years, and while the exact figures vary, most suggest that it can be anywhere from five to 25 times more expensive to acquire a new client than to keep an existing one. As real estate professionals, we know this. It’s not a commission, it’s a brokerage.

Clients 249
article thumbnail

Breaking Up with Difficult Real Estate Clients

McKissock

As a real estate agent, you spend a great deal of time soliciting to build your roster. The goal is generally to garner clients that will give you repeat business—and good word of mouth. As such, the thought of ending a client relationship may seem unfathomable. Reasons to end a client relationship.

article thumbnail

The evolution of the more productive real estate agent 

Housing Wire

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

article thumbnail

Melissa Casey Wins Most Transactions and Highest Sales Volume in 2023 – Seekonk Office

Lamacchia Realty

I had the pleasure of meeting Melissa a couple of years ago at one of our Crush it in Real Estate events and she continue to come to more thereafter. That impressed me and told me how committed she is to her business and clients. Melissa is committed, knowledgeable, and client-focused…all things that make a great REALTOR®!