When four of the most successful residential real estate professionals got together recently to discuss what agents in today’s market need to succeed, there were any number of excellent ideas, strategies and recommendations. The reality? One point hovered over all others. There are no shortcuts. With all that’s gone on in the industry the last…
As your client’s guide to the process leading to homeownership, it’s your responsibility to make sure they know what they’re getting into from a financial perspective. First-time buyers could not know all the expenses that go along with owning a property. Obvious ones like taxes and insurance can skyrocket year over year. Here are four…
For most people, the American Dream of homeownership usually includes the white picket fence in front, a backyard where kids can play, a peaceful suburban locale, two-car garage and more. For the team of agents who work out of the three Coldwell Banker Warburg offices in New York City, that’s all out the high-rise window.…
In a Q4 and full year 2024 earnings call February 18, Compass—the tech-focused real estate services company that trumpets itself as the largest residential real estate brokerage in the U.S. by sales volume—announced strong Q4 results, a lessening of year-over-year losses and impressive agent-count growth. “Despite a year in which resale transactions experienced a 29-year…
On Valentine’s Day, couples celebrate their closeness. Flowers, gifts, romantic dinners and more highlight the happy day, yet no one can know what the future may hold. For those committed to each other but not yet married, there should be a dose of reality considered if they’re thinking of co-buying a home, lest Cupid’s arrow…
While smiles, courtesy and friendliness are an agent’s calling cards with everyone, let’s be real about the residential real estate business. While it may not be purely a cutthroat calling, there are no nice tries for buyers. Your client either captures the flag with a winning bid for a home or you trudge back to…
In a fourth quarter and full-year 2024 earnings call February 11, Zillow Group CEO Jeremy Wacksman and CFO Jeremy Hofmann touted the company’s strong performance, highlighting a 17% year-over-year revenue increase to $554 million in Q4 and a 15% increase to $2.2 billion for the full year. On the downside was a net loss of…
Perhaps never before have two initials together captivated the masses like A and I have. Artificial Intelligence has become so buzzworthy as to simultaneously amaze and alarm, with working people on one hand thirsting to utilize its extraordinary powers while on the other worrying whether their job skills might soon be rendered obsolete. It’s fully…
This is a story about recruiting agents in 2025, but after reading this sentence, please pause before continuing and enjoy a moment of self-satisfaction knowing it’s just been proven that you are what every brokerage seeks—a true, almost certainly successful residential real estate professional. Why? Because only those truly devoted to their craft would spend…
While the incredibly destructive Los Angeles fires have finally been brought under control, assessing the damage and figuring out what’s next for the many thousands of people who lost their homes is underway. CoStar Group’s online residential platform Homes.com has compiled data on the impact of the LA fires on the Pacific Palisades and Altadena…
In order to run a successful team, you need to recruit agents who will contribute productively and positively to your sales and environment. This, sometimes, is easier said than done. Read more.
