Real estate expansion is one of the few ways to boost a real estate business’s profits exponentially and ensure its long-term success. Without certain key components, however, plans for real estate expansion are doomed to fail. If you plan on expanding your business to new markets, follow the advice of industry experts and ensure it […]
When buyers walk into the right home, they get that look in their eyes. They get the warm-and-fuzzies because they can envision living in the home for years to come. As a listing agent, it’s your job to make sure that happens; you have to facilitate the buyers’ ability to see themselves in that home, […]
No longer do you have to be a qualified veteran or live in a rural area to get a mortgage without putting down a penny. For nearly a decade, only buyers who qualify for VA or USDA Rural Development mortgages have been able to buy a home with zero down. In recent years, several large […]
Homeowners with expired listings may bluntly and pointedly say: “I don’t think you can do anything better than my last agent.” How can you prove them otherwise? If time were to stop when prospects utter this objection, a fork in the road would emerge with two paths: one that marks the start of your relationship […]
Douglas Elliman announced today that it will buy Los Angeles-based brokerage Teles Properties, making Douglas Elliman the second largest non-franchise brokerage firm in California. The deal, expected to close in the second week of August, will bring Douglas Elliman’s California office count to 21, with 630 sales associates in the Golden State, and expands its […]
Opendoor, a leading “iBuyer” that uses technology to allow homeowners to sell their properties in days, has set its sights on Raleigh, North Carolina, and Atlanta. It’s the latest sign that the startup, valued at more than $1 billion, has launched a new expansion push, coming shortly after the company signaled intent to expand to […]
Low inventory has been a major limiting factor in real estate markets across the U.S. for months. In fact, real estate agents listed low inventory as the No. 1 challenge they face in a March NAR survey. In light of this, we at Discover Publications interviewed three successful top producers in low inventory markets to […]
Russ Cofano has resigned from his position as president and general counsel at eXp World Holdings, operator of real estate brokerage eXp Realty. Russ Cofano Cofano, an industry veteran of more than 25 years, joined eXp in June 2016 as chief strategy officer and general counsel. In September 2016 he was promoted to the position […]
Successful agents know real estate is, and always will be, a relationship business. But it’s also true that technology is fundamentally changing how we build and leverage that trust — after all, we now routinely ride in strangers’ cars and stay in strangers’ homes on vacation because we trust the reviews of other strangers. Referrals […]
Six months ago, I made the claim that 2017 is the year of the broker, the year that brokerages must stand up to the threat of alt-brokerages and disintermediating tech companies. The chief way they can do this is through nurturing and protecting their most important asset — buyer data. The culmination of this story […]
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