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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Caccia said that 80% of his business comes from buyers’ agents.

Buyers 504
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As the market shifts to purchase, LOs get creative

Housing Wire

Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area. This advertising strategy, among a handful of others, has helped the LO connect with Russian-speaking Realtors and win the business of borrowers from former Soviet countries. “I

Marketing 397
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Four secrets to mastering client retention

Housing Wire

According to the National Association of Realtors , 67% of sellers were referred to their agent by a friend, neighbor or relative; or used their agent previously to buy or sell a home. Here are four secrets to mastering client retention : Intentionally build your business to be a referral business. But we can change that.

Clients 284
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17 Realtors® Go Back in Time: First Year Real Estate Advice

Raleigh Realty

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

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Black Americans still face massive housing barriers

Housing Wire

. “Black people who succeed in buying a home have to be Superman or Superwoman,” said Bryan Greene, vice president of policy advocacy for the National Association of Realtors. In the lender’s direct marketing and open house materials, the models were white.

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7 best real estate schools in Massachusetts for 2024

Housing Wire

Student Support & Engagement: Experienced instructors are available via phone during normal business hours. Visit Website Overview The Lee Institute School of Real Estate combines professional instruction and video format training to make the concepts of the real estate business more digestible and engaging. Mon – Sun access.

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Outsourcing Social Media in Your Real Estate Business: The Pros and Cons

McKissock

Let’s look at the pros and cons of outsourcing social media in your real estate business. . Whether it is a tweet promoting an article a broker was quoted in, a photo of a new property your company is leasing, or an announcement for an open house, the agency will develop a strategy for the timeliness of posts to ensure the most engagement.