Recent changes that went into effect following the National Association of REALTORS®’ (NAR) proposed settlement* have impacted how agents work with buyers. While some things have changed, many core principles of buyer representation haven’t. What’s changed: Mandatory written buyer agreements. One of the most significant changes is the requirement for written buyer agreements to be…
As a REALTOR®, you work long hours with irregular schedules, constantly juggling your personal needs with those of your family, clients and business. It’s a profession deeply rooted in personal connections, which means you’re often involved in every aspect of your operations. For your business to run smoothly, you need to be at your best.…
The one constant in real estate is change: markets fluctuate, busy periods are followed by slower ones, and consumer needs and trends constantly evolve. To thrive in this dynamic landscape, it’s critical for agents to remain adaptable, stay informed and continually develop their skills and knowledge base. When markets shift and changes ripple through the…
Research consistently shows that the housing sector has a profound impact on the health of the economy and that homeownership offers long-term social and financial benefits. The last decade, in particular, has witnessed property values soaring, causing homeowners to realize unprecedented equity gains. Beyond the fiscal advantages, the societal benefits of owning a home are…
Women are a dominant force in the U.S. real estate industry, comprising 62% of REALTORS®. Moreover, single women are the second-largest group of buyers after married couples. Therefore, it’s fitting that we celebrate how women impact the real estate market during Women’s History Month. According to the 2023 National Association of REALTORS®’ Profile of Homebuyers…
No two years in real estate are ever the same, and things can change quickly. As we enter the new year, it’s likely that 2024 will be no exception. Due to the recent outcome of the Sitzer/ Burnett trial, real estate professionals and consumers are closely examining buyer agency and cooperative compensation. While the long-term…
One aspect of business that often gets overlooked in the hustle and bustle of the holidays is finances. The end of the year traditionally marks the time we reflect on our accomplishments, tally the number of transactions and commissions from the year, and start setting goals for the new year. But when was the last…
From artificial intelligence to automation and big data-driven insights, new technology is revolutionizing the real estate industry. To gain a competitive edge in the market, it is crucial to remain at the forefront of these advancements. But how do you keep up with innovations and figure out which tools are worth embracing? Adopting new technologies…
When’s the last time you made yourself a priority? When you’re busy assisting clients, bringing in business and closing deals, it’s all too easy for self-care to take a back seat. However, prioritizing self-care is vital for both your personal and professional success and wellness. As we approach the final quarter of the year, consider…
The newest generation of consumers is stepping into the home-buying scene—Generation Z. Although the characteristics and preferences of this generation (born between 1999 and the early 2010s) are still evolving, a segment is already actively buying and selling real estate. According to the National Association of REALTORS®’ (NAR) 2023 Home Buyers and Sellers Generational Trends…
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