Remove Client Relationships Remove Clients Remove Real Estate Agent Remove Realtors
article thumbnail

Real estate agents are bracing for the impact of the commission lawsuits

Housing Wire

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

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. Set, and stick to, client retention goals.

Clients 253
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

However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

Agents 425
article thumbnail

The art of gift-giving in real estate: A personal touch

Housing Wire

Add the clients’ names and the date of their closing. During the transaction process, be on the lookout for little hints from your clients about things they like or things they enjoy, then think about how you can take them to the next level. However, you don’t have to break the bank to gift well.

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 Real estate agents are busier than ever. Record Breaking Years.

article thumbnail

The Balestracci Group Joins Forces with Lamacchia Realty

Lamacchia Realty

Tuesday, March 8 th – Lamacchia Realty announced today that top Worcester County Team, The Balestracci Group , consisting of top producing REALTORS®, leader Mark Balestracci , Elissa Comeau , Matthew Jette , and the team’s Transaction Coordinator/Admin, Shannon Nolin have joined Lamacchia Realty! To learn more about Mark, click here !

Realty 73