Posts Tagged as For Agents

Should You Consider Buddy Agent for Agent to Agent Referrals?

Should You Consider Buddy Agent for Agent to Agent Referrals?

In this week’s real estate broker tips, we’ll take a look at Buddy Agent, a newly introduced brokerage-centric platform designed to help today’s successful real estate agent achieve work-life balance. Should you use its real-time data advantages to better build your brokerage’s internal culture?

Houston, We Have a Problem
One of the biggest problems every real estate agency faces is star agents that are just too busy to keep up with their volume of leads, while other agents simply can’t stay busy enough and struggle to earn enough income. This can lead overburdened agents to miss out on important personal life events, from their kid’s big game to countless weekends – and even entire family vacations. It can also lead burgeoning yet struggling agents experiencing common growing pains to leave for presumably greener pastures in their efforts to earn enough income to cover basic expenses.

Buddy Agent to the Rescue
Buddy Agent’s mobile and web app attempts to solve this problem. A self-service system for agents, it requires no additional work from brokers. Rather than letting money walk, the app keeps clients and commissions within the firm. Overbooked agents – or ones simply enjoying time away – can select from a list of favorite fellow agents, quickly locating the right agent, at the right location, and with the right expertise to manage the task at-hand, creating a trusted, on-demand team that works well together. No more burn out. No more disappointing family, friends, and clients with a relentlessly busy schedule.
The app is flexible, featuring iOS, Android, or web-based operation, with a free initial trial and special introductory pricing. Visit http://www.mybuddyagent.com/ to learn more.

It’s always good to have more than one buddy backing you up. Simplify your life with this and other real estate broker tips and tools from Properties Online today.

Marketing Videos... The Key To Success.

What Every New Real Estate Agent Should Know

Don’t let being wet behind the ears in your real estate career leave you in hot water. There are a few real estate business tips every newbie should know to ensure a good start.

Planning for success
Your first year in real estate requires careful planning to avoid sidestepping key ingredients in your efforts to make your first buck. Where should you start?

• Find a brokerage
Your brokerage of choice may vary depending on your knowledge, mentoring needs, and financial expectations. Be sure to visit several before making this important decision.

• Expect the “split”
This can be as low as 60/40 when you start out and require a lot of handholding, but usually rises as you reach sales goals. Standard splits for successful agents are typically around 80/20, but can go as high as 90/10. (Don’t forget the “split” with the agent selling the home as well!)

• Come well-equipped
In addition to your license and Board of Realtors dues, you’ll also need access to MLS, a laptop, smartphone, automobile, cards, signage, and professional clothing.

A look ahead
As your real estate career matures through this first year, don’t forget to also take great pains to learn your neighborhood in depth – insider info can be key to cinching sales. Continue to hone listening skills to better understand their “want list” necessary to create that must-have vibe. Don’t let your marketing efforts slack – create a plan that includes daily goals, as well as a path to developing a strong online presence. You’ll soon find your niche, which will allow you to build that nest egg you’ve been dreaming of. And never overlook the importance of continued learning, no matter how “seasoned” you think you are – knowledge will boost your brand and your budget.

Do you have the real estate business tips you need to ensure a happy, healthy career? Set off on the path to success with Properties Online today.

Crunching Numbers? Here's the Latest on Real Estate.

Real Estate Trends to Watch for in 2017

Don’t let these 2017 real estate trends sneak up on you! The results of the Presidential race shocked the nation, with real estate magnate Donald Trump taking the ticket. What other shocking changes might the 2017 year bring for real estate trends following this momentous transition?

• Drones are flying high
Cleared by the FAA for commercial use, flyovers by newly certified agents, home buyers, and sellers are expected to be on-the-rise next year.

• “Surban” neighborhoods command the scene
More than mixed-use, buying patterns and new lingo point to “surban” areas as the future of real estate: A blend of urban and suburban, these dense communities consist of varied housing arrangements from condos and townhouses to single family homes with added urban amenities just outside core cities. Walk to work, the store or well-rated schools with less of the hustle, bustle, and cost of major cities.

• Interest rate surprises
Though a gentle interest rate nudge was expected this December, “election turmoil” could hold this up – and subsequent increases. How conditions will wind up post-election is anyone’s guess, as some of President Trump’s expected tactics could drive inflation.

• A happy market
With Trump’s commitment to regulatory relief, mortgage availability and inventory should get a much needed bump.

• Millennials stepping things up a notch
They’re taking their more substantial savings and down payments to put down on a first house that’s a step above the typical starter home/condo buyer.

• Generation Z in the house
They start entering adulthood (18) as of this year. As they’ve got less debt, better jobs, and thus more money to spend than their Millennial predecessors, they’ll enter the market with a more traditional view. Gen Z will be looking for larger homes with space for a family that many didn’t get to grow up in.

Don’t wait for real estate trends to bowl you over. Prepare yourself with the help of Properties Online. Contact us today.

What is Compass and Why Is It In the News?

What Will a Trump Presidency Look Like for Real Estate?

In his next 4 years as president, Donald Trump could have a major impact on real estate selling across the U.S. Licensed real estate brokers and agents nationwide are looking to Trump and how his time in office could change their industry.
What are some possible outcomes of the Trump presidency?
Trump has centered his platform around deregulation to further the recovery of the financial market, and there are a host of changes that could be made that would affect real estate sales…
• Lower premiums.
While Trump hasn’t articulated much on his housing platform, he has expressed interest in boosting home ownership and cutting fees for Fannie Mae and Freddie Mac. Lowering premiums for FHA loans could offer the boost consumers need to make owning a home an affordable reality.
• Potential reforms.
Fannie and Freddie could also be on the chopping block for cutbacks, alongside such programs as the Low Income Housing Tax Credit and Section 8 housing vouchers.
• Loosening lending regulations.
Trump, alongside the Republican party, have been vocal about changing banking regulations, including significantly altering the Consumer Financial Protection Bureau (CFPB) and the Dodd-Frank Act’s regulations on lenders to replace it with something else that would allow for easier securement of home loans.
• Preservation of mortgage interest tax deductions.
Trump explicitly stated his desire to preserve mortgage interest deduction in a tax plan he shared last year. However, his current plan has yet to detail this issue.
• Construction deregulation.
In Trump’s August meeting with the National Association of Home Builders, he pointed to over regulation in the industry, with some 25% of costs to build a home tied to regulations, and announcing his desire to get that down to 2%. This alone could greatly lower the costs of real estate selling and home ownership.
Need to reform your real estate selling techniques? Revolutionize the way you do business with the help of Properties Online today.

Tips for Putting Together Marketing Videos

Are You One of the New Breed Realtors?

Just 15 short years ago, the real estate market was a different beast, with information buried in file folders and prospective property buyers unable to source necessary information without the help of an agent. Today’s real estate trends are quite different. Gone are paper and file cabinets, replaced with a glut of online websites, apps, and technology that puts buyers in the driver seat… How can you stay relevant?

Become a new breed of realtor
Advancements in the tech industry have provided tons of tools that allow agents to make better use of data – and remain connected on-the-go – necessities in today’s fast-paced market. If you’re not raising the bar for what it means to be a good agent here, you could get left behind by more tech-savvy agents, or the consumers themselves.

Making the mutation
Real estate today is no longer about possession of information; it now centers on the ability to translate that information into something useful for buyers and sellers. To accomplish this, you need technological resources designed to put you in the driver’s seat, proving your relevance through client experience.

Finding an edge
Technology that simplifies the buying or selling process for consumers adds incredible value. But why is this important when consumers have near-instant access to information? Because now clients suffer the opposite – information overload. Raw data is imperfect. Consumers are in need of timely and relevant information. Your edge is in the ways you find to provide it to them – fast – which makes finding the right technology that much more essential.

Continued evolution
As more advanced technologies are invented that change the market, bridging the gap from sellers to consumers, your continued evolution will be key to survival. Redefine yourself in the wake of today’s endlessly changing, tech-driven real estate trends. Make the move to a new breed of realtor with the help of Properties Online today.