Power Brokers Brace for Changing Conditions
While their collective sales volume was a staggering $ 2.4 trillion-plus in 2021, the Top 1,000 brokers ranked in RISMedia’s 2022 Power Broker Report are facing a very different landscape as this year progresses. According to the results of RISMedia’s annual Power Broker Survey, total sales volume for the top 1,000 firms in 2021 increased […]
Instant Reaction: Mortgage Rates, April 07, 2022
The 30-year fixed mortgage rate rose to 4.72% from 4.67% the previous week; mortgage rates have increased by 1.5 percentage points since the beginning of the year, hurting affordability. www.nar.realtor – Research
Remodeling: New Hardwood Floors and Home Offices Bring Most Joy
A new report analyzes a why people decide to remodel, the general costs of specific remodeling tasks, and the fulfillment experienced after a successful project has been completed. www.nar.realtor – Research
Broker Confidence Remains Stable, Despite New Challenges and Continued Uncertainties
The first quarter of 2022 has been anything but predictable. This is true for business and society at large. The year is still young, but it has already seen geopolitical turmoil, rollercoaster economics, entertainment follies and busted brackets. And that was just March. But, real estate, too, has certainly had its share of ups and […]
Compass Finally Reveals Residential Numbers for 2021
After being excluded from RISMedia’s 34th Annual Power Broker Report for incorporating commercial transaction data in its reported totals for 2021, Compass has since submitted to RISMedia verified residential-only numbers for the year: 2021 residential sales volume: $ 251,019,336,511 2021 residential transactions: 224,067 Number of offices: 501 Number of agents: 26,257 Compass had previously submitted […]
Ramping Up for Real Estate’s Busy Season
Spring is here, and with summer just around the corner, the real estate market is shifting into high gear. As a busy real estate agent heading into the busiest time of the year, you’re always looking for ways to optimize your time—and save money. The REALTOR Benefits® Program can help by bringing savings and unique […]
Instant Reaction: Mortgage Rates, March 31, 2022
Mortgage rates surged for the fourth straight week, rising to 4.67% from 3.76% in the first week of March 2022, significantly increasing borrowing costs for buyers. www.nar.realtor – Research
Guaranteed Rate Names Sanjay Gupta as Chief Marketing Officer and Chief Digital Officer
Guaranteed Rate has announced it has named veteran marketing executive Sanjay Gupta as its new chief marketing officer and chief digital officer. Gupta brings more than two decades of experience leading marketing efforts for some of the most recognized names in financial services, including Bank of America, Allstate and Ally Financial. He most recently served […]
Culture Drives Productivity
The most impactful job any brokerage leader or manager has is creating winning and thriving cultures. Winning sales teams are led by great leaders. The difference between a positive, thriving culture and a stagnate, unproductive one is in direct proportion to the leader’s energy, communication, direction and leadership of their team. As a broker or […]
Commentary: 8 Things Your Real Estate Clients Expect From You
Without accounting for your real estate clients’ common needs and expectations, you might be underperforming and risk losing their business. Here are eight things your real estate clients are expecting from you as their real estate professional: Be available. Make yourself available to your clients as often as possible. Even if you cannot answer right […]