Agent Basics

There’s nothing that makes a real estate agent happier than a buzzing phone.

In fact, most agents I know have a nasty habit of pulling out their phones and continuously refreshing their email, just in case.

They could be on a date, out to dinner with friends, or even having a serious conversation with a loved one, but once the phone comes out, their eyes start to glaze over like a shark zeroing in on a baby seal with a wounded fin… [Read more…] about This 20-Minute Morning Routine Can 2x Your GCI in Six Months

Sometimes the smartest people make the silliest mistakes. In fact, when I worked as an agent in Manhattan, I watched PHDs swoon over apartments they could never afford, and investment bankers talk themselves out of great deals.

Simply put, when it comes to mistakes first-time homebuyers and sellers make, no one has a monopoly on bad decisions.

That’s why we decided to work with our friends over at Compass, Halstead, Leverage Global Brokerage Members, and other prestigious brokerages to help first-time buyers and sellers understand some of the most common mistakes people make when trying to close their first deal. [Read more…] about 16 Deal-Killing Mistakes First-Time Homebuyers & Sellers Make

The real estate industry is constantly changing, both in terms of the consumer market and the professional landscape. Staying up to date on the latest real estate statistics is a great way to impress your clients as well as better position yourself for success in a very competitive field.

We’ve pulled together 57 of the most compelling real estate statistics from across the real estate field, covering market numbers, buyer and seller behavior, marketing trends, and real estate agent demographics to help you better understand your industry and leverage your knowledge to get more leads and close more deals. [Read more…] about 57 Shocking Real Estate Statistics You Need To Know

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