As real estate agents enter an increasingly tight market, learning what it takes to be the local market expert will set you above the fray. Inventory is up, there are more real estate agents than ever, and qualified buyers are more able to pick and choose. Be the local market expert, and the buyers that are still looking and able to purchase will pick you over the rest. … [Read more...] about Be the Local Market Expert
Realtor Resources
Master the Basics of Real Estate Marketing
In the month of June 2022, just under 50 percent of home offers written by Redfin agents received competing offers. Compare this to the start of the year when January’s bidding-war rate reached 70 percent. As the market continues to shift, agents must master the basics of real estate marketing to maintain business. Following is a reminder course on what those real estate marketing basics are. … [Read more...] about Master the Basics of Real Estate Marketing
Catering to Millennial Buyers
A whopping forty-three percent of potential real estate buyers are made up of this group we call Millennials– the most of any generation. And this pool of buyers has increased from 37% as of just last year. It is estimated that Millennials represent almost 24% of the world’s population, much more than Generation X (19.5%) or Baby Boomers (17.0%). Truly, Millennials represent a force to be reckoned with. As a real estate agent, you need to understand what your Millennial buyers are looking for when it comes to the purchase of a home. Indeed, your business will depend on catering to Millennial buyers. … [Read more...] about Catering to Millennial Buyers
Eight Housing Styles Every Realtor® Should Know
One of the most important qualities of a successful real estate agent is one who knows the product inside and out. In order to be perceived as an expert in real estate, you should know a few things about house styles. This article will give you a basic introduction to eight housing styles every Realtor® should know. … [Read more...] about Eight Housing Styles Every Realtor® Should Know
Knowing when an ARM Loan is a Good Idea
Mortgage rates for a 30-year fixed are at an all-time high according to Mortgage News Daily, rates not seen since 2009. Meanwhile, the rate for an ARM loan is a percent or more lower. Today, knowing when an ARM loan is a good idea is more important than ever. As an agent navigating your clients through uncertain financial times, you need to understand Adjustable Rate Mortgages and how they will affect buyers. When considering an Adjustable Rate Mortgage, keep the following three factors in mind: … [Read more...] about Knowing when an ARM Loan is a Good Idea