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The gray area in multiple-offer situations

In real estate, one of the most difficult challenges is dealing with multiple offers on a home. From the start, it is set up for one party to receive a call of congratulations while the other parties receive a condolence call. We like to use the term win-win in our industry — and clearly, this […]

5 characteristics of agents who are happy in the middle

Top agent this! Top agent that! Superstar secrets! What the top 1 percent knows that you don’t! How to build a mega team! Big! Mega! There are a tremendous number of Realtors out there who tune out headlines that contain these words. Yes, there are agents in the middle who want the top and will stop nothing […]

LendingHome, an online mortgage shop, puts borrower in the driver’s seat

Lenders are increasingly allowing homebuyers to apply for mortgages online, but the underwriting process still typically requires a great deal of communication and paperwork submission.LendingHome, an online lender that has raised more than $100 million in funding, has debuted new software that the startup says cuts out much of this grunt work by streamlining the mortgage process from beginning to […]

Agent vs. FSBO: NAR generational trends report shows record highs and lows

They say some things never change. And despite the intertwined world we live in, made flat by the internet’s ability to increasingly cut out intermediaries and facilitate direct connections, consumers’ desire to work with a real estate agent appears to be one of them.According to the National Association of Realtors’ (NAR) 2017 Home Buyers and […]

Daily market update: March 7, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. CoreLogic’s Home Price Insights for January 2017: Home prices went up 6.9 percent between January 2016 and January 2017. From December 2016 to January 2017, home prices rose 0.7 percent. CoreLogic forecasts a 0.1 percent month-over-month change and 4.8 percent year-over-year change […]

Why the power of comparison fuels the real estate listing presentation

Have you ever found yourself awake during the middle of the night and switched on the TV? Chances are you stumbled upon an infomercial.You must admit; these infomercials are mesmerizing. You watch as an exhausted and frustrated person (not unlike yourself) struggles to scrub the dirt off their pots and pans, but wait! Soon you […]

How to ask for real estate referrals: 7 opportunities real estate agents should seize

Any real estate professional will tell you that one of the best sources of business in this industry comes from past or current client referrals.While a few customers give referrals without suggestion, most will not think to do so, even if they absolutely loved your service.Here’s the bottom line rule for referrals: You have to […]

How a luxury real estate agent produced $30 million in 2016 with one assistant

As part of her 10 Questions podcast series, F.C. Tucker broker Angela Raab interviews Jennifer Egbert, who thrives in what she calls the small luxury real estate community of Boulder, Colorado. Listen in to hear how she: Throws cost-effective client appreciation parties Plans her production goals down to the week (last year she had $30 million […]

LoanDepot invests $80M into mello, an end-to-end digital lending platform

“Devoid of modernization.” That’s how loanDepot Chairman and CEO Anthony Hsieh described the mortgage industry in the company’s unveiling of an end-to-end digital lending platform that came to life after 18 months of work and an $80 million investment. The platform, named “mello” in an homage to the Greek translation “about to be,” and a reference […]

How chatbots will save real estate agents time and money

What if you could get Siri to answer your clients’ questions — freeing you up to do other things for them?Hear two experts on a recent real estate phenomenon — chatbots — explain what this technology can do for real estate agents…. Source: click here

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