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Here are the new real estate commission rule changes from the proposed NAR Settlement. What do you think? Will these rules help buyers and sellers 😇 Or hurt them 😢Some real estate pros think the NAR settlement is no big deal 🤷♀️ Others are reeling from potential changes 😱. Here are the highlights of what the NAR settlement means for buyers, sellers, and agents 🏠.1. Turn This into a Marketing OpportunityOk, so I asked AI to show me what the average #TopProducer in real estate looks like in states across the country. Admit it: you know an agent who looks just like one of these artificial intelligence models.As a real estate agent, you don't have to limit your social media posts to buyer tips, seller FAQs, and Just Listed. Have a little fun celebrating these #socialmediaholidays in the coming month!Categories
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Category Archives: #RealtorLife
Should I Quit Real Estate? Take This Quiz to Find Out
Should I quit real estate? This short question can elicit a major stress response. You worked hard to pass your real estate exam and earn your license. You had big dreams of helping buyers and sellers meet their goals. And you probably fantasized a bit about being your own boss, making your own hours, and enjoying unlimited income potential as well, right? But maybe …
5 Ways to Recession-Proof Your Real Estate Business
Today we’re going to talk about specific ways you can recession-proof your real estate business. Ways to help your business survive – make that thrive – in a down housing market. This isn’t about fear-mongering or giving you an excuse to post lower income figures when the market slows. This is about accepting the reality that real estate (and the economy as a whole) experiences …
Real Estate Niches for Agents to Consider
Choosing one of the many profitable real estate niches is a solid step in tailoring your career. As a real estate content writer, I write lots of real estate agent bios and lots of real estate blog content. And I can tell you, from experience, that trying to serve all buyers and sellers in your area is a shortcut to irrelevance. Savvy agents choose a specific …
Real Estate Agent Goals for 2023
Have you started setting your real estate agent goals for 2023? Goal setting is a bit of an art form. Setting the wrong goals can lead to discouragement and even leave you questioning your career in real estate. But setting the right real estate goals can take your business to the next level and increase your professional satisfaction! In this post, we’re focusing on …
Is a Virtual Real Estate Brokerage the Right Fit for Y...
Have you considered joining a virtual real estate brokerage? Many agents are making the switch from traditional brokerages to virtual brokerages. And many new agents are entering the market under a virtual brokerage. eXp Realty, for example, is currently the fastest-growing brokerage in the world. It grew its agent base by over 50% from April 2021 to April 2022. But what is attracting agents …
The 10 Biggest Financial Mistakes Real Estate Agents M...
What are the 10 biggest financial mistakes real estate agents make? How many are you guilty of? And how can you correct them? As a real estate agent, you don’t have the comfort of regular, reliable paychecks. You only get a commission check when you close a deal. So financial planning is more complicated for you than for the average worker. It’s easy to …
33 Income Streams for Real Estate Agents
Today, we’re listing our favorite income streams for real estate agents! As a real estate professional, you’re likely paid on commission for home sales or property leases. And while this can be lucrative, it can also be problematic when sales slow. Sales might slow because of seasonal lulls or recessed markets. Or you might be a new real estate agent, who is working to …
The Recession-Proof Real Estate Agent Checklist
For all the agents starting to worry about an upcoming recession, we’re offering a totally free recession-proof real estate agent checklist to help you prepare your business for the changing market conditions. This post was originally written at the end of March 2020 in the early days of COVID when we had no idea how the economy and the housing market would react to …
7 Questions to Ask Yourself Before You Quit Real Estat...
Are you starting to wonder if it’s time to quit real estate? I firmly believe that anyone can be successful in real estate. But it is a demanding and challenging industry. For some people, the trade-offs required to be successful in real estate simply aren’t worth it. And that’s okay! Choosing to quit real estate doesn’t necessarily mean you’re “failing” or “giving up.” It simply means …
22 Social Media Mistakes Real Estate Agents are Making...
As business owners, real estate agents open themselves up to lots of potential social media mistakes. And that’s ok! There’s going to be a learning curve with social media. But you can’t just bury your head in the sand and pretend social media doesn’t exist (even if you sometimes want to!). There are simply too many benefits of social media marketing to ignore. And …
How to Hire a Real Estate Executive Assistant
When you hire a real estate executive assistant, you get to delegate your office tasks to an administrative professional, which frees you up to focus on income-generating activities for your business. You know you’re ready for an assistant when you are too busy with office tasks to focus on your lead generation. And it’s not always just office tasks. The lines between work and …
FSBO Scripts to Help You Turn FSBOs Into Listings
FSBO scripts make it easier to approach for-sale-by-owners with confidence. Knowing what to say when you make first contact, meet the FSBO for the first time, and follow up will make you more comfortable and more likely to land the listing. Fair warning: working with FSBOs takes patience and diligent follow-up. But if you’re willing to do the work, you’ll be rewarded with a …