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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. 74% of sellers say they would use that same agent again, or recommend them to others.

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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. A wise agent right now is talking to buyers and sellers,” Brown said.

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

Housing Wire

Rethinking branded gifts One common practice in the real estate industry is gifting branded items like Cutco knives to home buyers and sellers. Add the clients’ names and the date of their closing. By incorporating the principles of Giftology , real estate professionals can enhance the overall client experience.

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

Housing Wire

Historically, though, professionals let their clients go after the transaction is complete rather than building a moat around the client that assures future transactions. The newest prop tech applications to moat the client relationship are home management tools. Give customers one place to manage their home.

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Breaking Up with Difficult Real Estate Clients

McKissock

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. However, success—for both you and your clients—depends on a solid working relationship. Reasons to end a client relationship.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

The National Association of REALTORS® believes there are alternatives to some of the experience requirements that the AQB should consider. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. I don’t know if Realtors can be re-trained to see value rather than price.

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Sell Your Home Fast For More Money: Houston Properties Online Marketing

Houston Properties

Houston Home Seller Resources. Full Houston Home Seller Guide. Best Houston Realtor To Sell My House. "The Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. 9 Mistakes To Avoid When Selling Your Houston Home.