fbpx

Category: Real Estate

Weighing the Advantages (and Disadvantages) of an Open House

  For many years, realtors have relied on open houses to gain interest in a property. Like many parts of the property acquisition process, some realtors swear by open houses and others think the process is overrated.  If you are a realtor who is considering whether there is any reason for holding an open house, the following outlines the various advantages (and disadvantages) that you should consider. Reasons to Think Twice About Holding an Open House Some of the reasons why you should thi[...]

Factors That Influence Property Prices

One of the most critical factors to consider when selling a property is whether it has been appropriately priced. Realtors and their clients must make sure that the best possible price is assigned to the property, but this is often not easy to do. Overpricing a property can damage its appeal, even if you decide to drop the property’s price later. Underpricing a property will result in multiple offers and dashed expectations. While there is no universal way to price a property, there are some c[...]

Avoiding Six Small Issues That can Ruin Property Sales

Selling a property can be a stressful and time-consuming process. While the issues that disrupt property sales are sometimes big ones, other times the issue that interferes with a property sale is quite small on its face. Realtors should understand some of the smallest issues that can ultimately end up disrupting a property sale. Missing Cover Plates Most people never have their property in perfect condition. Instead, it is common for small things to never get repaired or go missing and never ge[...]

Dispelling Five Misconceptions Your Clients Likely Have About Foreclosure

We are all aware that homes can be sold at various points during the foreclosure process. As a realtor, you might step into the process when a property remains unsold after the foreclosure process is concluded. One big difference is that the bank or financial institution selling the home will ultimately pay you the commission.  Your client, however, will likely have many questions about how exactly the foreclosure process develops. As a result, this article reviews some of the biggest misconcep[...]

Ways Realtors can Stay Busy During Slow Times

One of the universal truths about the real estate market is that it is cyclical. Some times are much more active than others. All realtors experience periods in which things are much less busy than they normally are. One of the ways that you can stand out from the competition is learning how to make the most out of the less hectic time. The following reviews some of the helpful activities that realtors should consider when they have some down time. Foster Your Relationships With Listing Agents O[...]

Four Myths for Sellers to Understand About Appraisals

If you have spent any time in the real estate business, you likely know by now that the appraisal process can be a nerve-wracking business for sellers. After all the work a seller does to list a home and field offers, someone now wants to peruse the house and determines its worth. In reality, an appraisal rarely ruins a prospective sale. To put your clients at ease, there are some additional myths that you as a realtor should appreciate about the appraisal process.  Myth # 1 - Appraisers Determ[...]

When Should a Realtor Leave a Client?

As realtors, we all strive to make our clients happy. While you likely strive to make the purchase and sale of each home as enjoyable a process as possible, that is not always possible even if you do your best to listen to a client's needs. Instead, there are several situations in which realtors should be prepared to leave a client if necessary. The following will review just some of the situations in which realtors are likely better off leaving the client instead of trying to help them with a p[...]

Ways Realtors can Protect Against Cybercrime

Technology has improved real estate transactions in many ways. Not only is the real estate process much smoother than it once was, but it is also more transparent. While this has brought some advantageous changes, it has also exposed realtors and other real estate professionals to cybercrime. While many real estate companies focus on having the best technology in place, they forget to teach workers about the best tactics to avoid ending up victims of cybercrime. The following will outline some t[...]

Powerful Negotiation Strategies for Realtors

  One of the most common questions that realtors receive from both buyers and sellers is why a real estate agent is necessary. One of the reasons why you might want to consider retaining a realtor is to increase your negotiation abilities and decrease the risk that a property transaction will fail. Becoming a master of negotiation through powerful strategies is one of the best ways for a realtor to attract clients. The following will review some of the most powerful but also frequently over[...]

 Common Reasons Why Realtors Lose Clients and How to Respond

  It is a universal truth that some real estate clients are more likely to retain an agent than others. This sometimes occurs because people have heard about how helpful a real estate agent can be or sometimes people have limited time to spend on a real estate transaction. Unfortunately, however, just because a realtor lands a client does not mean that the client will stay.  Every day, realtors lose clients for several different reasons. This article examines some of the most common reason[...]