Posts Tagged as new 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.

Market Your Properties for Success With Specialized Tools

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.

Real Estate Agent Numbers Grow as Demand Increases

With what are generally reported to be higher professional standards and stricter adherence to best practices, the industry is again growing in popularity for new graduates and career changers alike. And more people are said to be realizing the opportunity for home ownership while interest rates and prices remain lower than pre-GFC, creating strength in the market for agents.

Some five years after the GFC critically affected the real estate market, agents are once again getting on board, with new agent numbers growing in markets across the country. In July of this year RE/MAX in Long Beach, California, reported its first major jump in agent numbers since 2010 – with more than 1300 new agents. In South Carolina, more than 10,000 licensed agents fell off the rolls between 2009 and 2011. But so far in 2012, more than 1750 new licensees have joined the ranks of the real estate agents, showing the first significant increase in several years.

real estate agent

“I expect, based on how the first half of the year has gone, if that trend continues, I’m expecting to end the year actually with our first membership gain since 2007,” S.C. Realtors Association president Nick Kremydas told media.

With what are generally reported to be higher professional standards and stricter adherence to best practices, the industry is again growing in popularity for new graduates and career changers alike. And more people are said to be realizing the opportunity for home ownership while interest rates and prices remain lower than pre-GFC, creating strength in the market for agents.

In cities like Charlotte, North Carolina, agents are seeing more interest in homes than they’ve seen in four years. One six-year veteran has seen multiple offers on homes this year for the first time in her entire career.

Many firms across the country are in the process of extending advanced services and training to agents in anticipation of market improvement. While now isn’t the time to bank on huge commissions, many agents report that prices are increasing and it is less of a buyers’ market than it was a year ago. For agents, both new and experienced, willing to put in the effort, the horizon looks bright.