How to Earn More Referrals This Holiday Season
Thanksgiving and Black Friday are now in our rearview mirror! Hanukkah starts today, and with Christmas and New Year’s right around the corner, now is the perfect time to reach out to your clients. Without regular touches, former clients could easily forget that you’re still an active agent in their area and may not […]
Delinquencies Still Double Pre-Pandemic Rate
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 15.7 percent in October compared to a 17.4 percent gain in September. The portfolio balance at the end of the period was $ 3.179 trillion compared to $ 3.137 trillion the prior month and $ 2.669 trillion a year […]
Window to the Law: Criminal Background Checks and Fair Housing
Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® (NAR) to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily Real Estate Advisor. Overly broad bans on renting to individuals with criminal records may lead […]
American Pie: The Main Course for 2022?
There are now a record number of real estate professionals with a seat at the table eyeing a piece of the American real estate pie: a delectable dish made up of nearly seven million ingredients we call transactions, stirred in with a tasty sum of $ 85 billion paid in real estate commissions last year. […]
More Analysis on Existing Home Sales
Today, in the Real Estate Newsletter: Existing-Home Sales Increased to 6.34 million in October Excerpt: Sales in October (6.34 million SAAR) were up 0.8% from last month, and were 5.8% below the October 2020 sales rate. Some of the increase in sales since the beginning of the pandemic was probably related to record low mortgage […]
October 2021 Foot Traffic
Showings declined in every region: Northeast region (-23%), Midwest (-17%), West (-17%) and South (-12%). www.nar.realtor – Research
4 Marketing Tactics Successful Agents Are Using…Now
Growing and nurturing your sphere of influence is a constantly moving target. With ever-changing algorithms, here are four tips successful real estate agents are using to grow their businesses. 1. Leverage Geography Use different location tags (neighborhood, etc.) on Instagram. When you alternate your location tags, it is a quick and easy way to reach […]
How to Manage Negative Online Reviews for Your Real Estate Business
Online reviews are essential for today’s real estate professionals. Whether you are a lone agent or you run an entire brokerage, your reputation and those of your agents are imperative to your day-to-day business. In fact, these reviews can affect not just gaining new leads and clients, but the relationships with your existing clients. But […]
Fewer New Homes Are Actually Complete When Sold
The Mortgage Bankers Association (MBA) is expecting that a higher volume of new home sales occurred in October than in the previous month, even as purchase prices rise. MBA says its Builder Application Survey (BAS) showed a 6 percent month-over-month increase in purchase applications even though they were down 15.2 percent from October 2020. That […]
Weekend Habits That Will Capture More Referrals
If you’re a successful agent, your weeks are usually extremely busy. You may want to keep up with former clients and earn new referrals as part of your workday to-dos, but with such little downtime, those thoughtful touches can fall by the wayside. One way to combat this issue is to make time for it […]