According to the Bureau of Labor and Statistics, the median real estate broker salary in the United States is $78,940. Illinois leads the country with the highest median salary for real estate brokers in 2018 of $103,430.
[Read more…] about Here’s The Average Real Estate Broker Salary For Every State
A real estate referral fee is a portion of a real estate commission that is paid to a real estate broker in exchange for referring them a client. Though subject to negotiation, a typical referral fee is 25% of the gross commission for a single side of a transaction.
Real estate referrals happen all the time for a variety of reasons. Most commonly, they happen because a real estate agent is either unlicensed or unqualified to service their client in the purchase or sale of property in a particular geographic area, or for a particular type of real estate.
Let’s take a look at how real estate referrals work, what the typical fees are, and what the most frequently asked questions are about real estate referral fees. [Read more…] about Real Estate Referral Fees: How They Work & Best Practices for 2019
Real estate license reciprocity is an agreement between states that allows the holder of a real estate license in one state to fast track the process of getting a license in another state, often bypassing the pre-license requirements and moving straight to the licensing exam.
[Read more…] about Real Estate License Reciprocity and Portability: A State-by-State Guide
When it comes to success tips from the world’s most accomplished people, there is one above all others that seems to be universal: Never stop learning.
For most ambitious agents and brokers we meet, real estate podcasts tend to be the clear winner when it comes to learning. On paper, the choice makes perfect sense: you can listen to real estate podcasts in the car in between showings, while you’re doing the dishes, working out, or hell, even while you sleep. [Read more…] about 7 Real Estate Podcasts Smart Agents Listen to Every Day: 2019
What’s the difference between a real estate broker vs an agent? With a broker’s license, a broker can open their own real estate brokerage as well as manage and collect fees from real estate agents. Real estate agents have to work for a broker while a broker can run their own business.
Being a broker comes with some perks, but also a lot of responsibility. In this article, we’ll break down the differences between real estate agents and real estate brokers, and what they actually do day-to-day. You’ll get everything from annual income to a full job description.
If you’re looking to level up your game from agent to broker or need some quick answers about the differences between agents and brokers, read on.
[Read more…] about Real Estate Broker vs Agent: A Head-to-Head Analysis
First popularized in the 1920s in England and later the United States, Storybook style was an architectural style that seemed tailor-made to offset the cold (and mostly boring) modernist movement in the United States.
[Read more…] about Listings of the Week: 7 Enchanting Storybook Homes
Real estate is a cut throat business. With over a million active real estate licenses in the US, agents need every advantage they can get when it comes to lead generation.
A great real estate lead generation company will fill up your funnel with lots of buyer and seller leads so you can focus more on finding them the perfect property and less on finding yourself new clients.
The only problem is figuring out which lead generation company is right for your business without breaking the bank. [Read more…] about The Top 5 Real Estate Lead Generation Companies 2019
With more than 125 million users in the U.S. alone, Pinterest is an ideal social media platform for Realtors. Of course, it’s not just size alone that makes Pinterest so great for real estate marketers. More than 90% of active Pinterest users report using the platform to help in their purchase planning process.
[Read more…] about 13 Powerful Pinterest Real Estate Marketing Ideas From The Pros
If you’ve spent as much time on OLR as most NYC agents have, you know that the words “loft” or “loft-like” warrant extra scrutiny. After all, every listing agent wishes they had a loft to rent in Manhattan, and every buyer wants one.
The only problem is that actual loft spaces, the kind that inspired Andy Warhol to create his silver factory on East 47th street, are vanishingly rare. They’ve either had the life scrubbed out of them during a “renovation” or just weren’t that interesting in the first place. [Read more…] about 7 Warhol-Worthy Manhattan Lofts on The Market This Spring
Cold calling is one of the most polarizing lead generation strategies in all of real estate. Experienced agents will tell you it’s an essential part of lead generation. Others will tell you that it isn’t worth the anxiety, frustration, and lack of immediate results.
The Close is here to say that those last three challenges are real for many real estate professionals, but they don’t have to be for you. We’ve put together the top 17 real estate cold calling scripts and tips to help you get over your fear of cold calling once and for all.
[Read more…] about 17 Real Estate Cold Calling Scripts and Tips to Conquer Your Fears