A proposed Consumer Financial Protection Bureau (CFPB) ruling that would give consumers greater power to sue banks, credit companies, and other financial organizations has drawn heavy criticism from the lending sector. The ruling, projected to go into effect early next year after approval and comments, would bar financial organizations from including clauses that block signing… Read more »
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Online Reviews: 3 Reasons Real Estate Agents Need to Stop Making Excuses and Take Control
Earning a steady stream of positive online reviews is an effective way to build a successful brand as a real estate professional. Despite countless reports detailing the importance of developing and maintaining a strong online reputation, far too many agents still have yet to embrace the necessity of managing reviews. Today’s real estate professionals are… Read more »
A Surprising Factor Dragging Home Ownership Down
There is a growing fear that student loans are dragging down the housing market. Even some of the nation’s most influential economic minds, including Joe Stiglitz and Larry Summers, have made the connection between student debt and the decreasing homeownership rates among young people. Concern has led some to propose an easing of loan burdens… Read more »
A Divide that Defines Real Estate Prices in America’s Cities
There is a growing divide between the American cities that are growing and remaining affordable and those that are unable to grow and, thus, are becoming increasingly expensive. On the whole, U.S. metropolitan areas are growing rapidly, a trend that has remained constant over the past 60 years. According to research conducted by BuildZoom, from… Read more »
Home Construction Activity Drops, Optimism Holds Steady
In March, U.S. new home construction experienced its biggest drop since October 2015. Declines were measured throughout most regions of the nation, with the notable exception of the Northeast. The construction of new homes fell more than eight percent, which was the third drop in building rates out of the past four months. Regional construction… Read more »
How to Close the Deal with High-End Clients
Getting your hands on a listing in a new luxury condominium is not an easy feat. It can take up to a decade to break into the high-end market for a building you haven’t yet sold in, but it is still possible. And as we all know, once you’ve sold one or two properties within… Read more »
5 Ways to Get a Client for Life by Going Above and Beyond
The realtors that really stick out to their clients are the ones who are modest, creative, problem-solving, people-persons. They are also considerate and go out of their way to make their clients happy. Buying a home is a deeply personal moment for customers, and they will remember fondly a realtor who is invested in their… Read more »
How to Save a Transaction that’s on the Ropes
Though nobody can deny that the housing market is in far better shape than it was five or six years ago, the days of easy-going buyers are a thing of the past. With low inventory levels, high demand, and increasing prices, homebuyers expect their home to be nearly perfect. Expect the Unexpected There’s almost no… Read more »
4 High-Tech Time-Savers for Real Estate Professionals
Technology isn’t just about improving the nitty-gritty details of the real estate business, it can also be used to improve the social side of real estate. Used correctly, the tools below will save you lots of time and give clients a great impression—even before you’ve spoken to them! RingCentral RingCentral allows you to reroute incoming… Read more »