5 Essential Tips for Utilizing a Buyer Broker Agreement
Utilizing buyer broker agreements for each transaction has never been more crucial when it comes to managing expectations efficiently for both Realtors® and their clients. This guideline can help highlight the Realtors® value, articulate a comprehensive action plan, solidify the partnership while protecting them during the buyer process, and specify terms and commission details.
Creating Culture with Fortitude in 2024 for Brokers
The real estate industry has reached a new stage of evolution. Adapting to change is a process and doesn’t happen overnight. Just like those perfect homeowners with green thumbs, they always know when it's time to prune the plants, sparking positive growth for the future. The same concept applies to brokers leading their offices through adversity with intentionality and a solid framework.
Millennials Back on Top as Home Buyers
Millennials have reclaimed their title as the largest homebuying demographic, while Boomers continue to dominate the seller's market. Where Baby Boomers were once the largest group of homebuyers, Millenials have surpassed them now by 38%. Alongside that, one out of three Gen Zers seeking homeownership are single females! Let us compare Millennials, Baby Boomers, and Gen Zers to better understand where the market is headed for these individuals seeking homeownership.
Expand Your Business with GRI
In today's competitive industry, earning the GRI designation is one of the key opportunities for Realtors® to stand out to prospective home buyers and sellers. Realtors® can advance their real estate careers by earning the Graduate Realtor® Institute (GRI), no matter how long they've been in the industry. With this designation, Realtors® will learn about updated technologies, laws, and marketing techniques that will positively impact their business.
Does the Settlement Affect Commercial Transactions?
Many Realtors® are asking questions about how to show their value and better serve buyers. Creating a value proposition package is step one, but if you're ready to take your business with buyers to the next level? We offer two courses that will equip you with the knowledge and skills to serve your buyer-clients better.
Two Courses to Boost Your Business with Buyers
Many Realtors® are asking questions about how to show their value and better serve buyers. Creating a value proposition package is step one, but if you're ready to take your business with buyers to the next level? We offer two courses that will equip you with the knowledge and skills to serve your buyer-clients better.
Website Integration Might Alleviate Compensation Pain Points
Integrating compensation on brokerage or listing agents' websites may be a game changer in helping buyers' agents understand compensation structure. In the future, website functionality may allow amounts to be displayed quickly, giving buyers' agents a clear understanding of the property's details.
New Initiative for the Mortgage Origination Process
Fannie Mae has announced a new initiative to streamline the mortgage origination process for lenders and homebuyers. Single-family lenders can use a single 12-month verification report in the Desktop Underwriter validation services that will support lenders and help expand opportunities for buyers seeking homeownership. The streamlined process enables improved loan control quality, more efficient methods, and more ways to save money down the line.
RWorld Members Shine as Realtor® Magazine's 30 Under 30 Finalists
Time to vote! Among the finalists for Realtor® Magazine’s 30 Under 30 Class of 2024, two Realtors® from the Broward, Palm Beaches, and St. Lucie Realtors® have emerged as standout finalists. Jorge Perez from Fort Lauderdale and Antonio Eckert from Boca Raton are among the 50 young professionals vying for recognition this year.
Kickstart Your Value Proposition Package
Lately, there has been a lot of talk about Realtors® representing buyers and how they need to level up the value they can offer and strategically present it to buyers. Many real estate practitioners across the nation think this will be crucial due to NAR's proposed settlement. Realtors® need to get granular and harness their supernatural sense of what consumers actually want!
What is considered Off-MLS?
The MLS has historically been the go-to place for Realtors® to see compensation structure on the buying side or to communicate compensation as the listing agent. If NAR's proposed settlement is approved, compensation will no longer be in the MLS.
Letter from NAR & Mortgage Bankers to Fannie, Freddie & More
On Wednesday, March 27th, 2024, The National Association of Realtors® and The Mortgage Bankers Association of America (MBA) teamed up to send a letter regarding NAR's Proposed Settlement Agreement.
Communicating the Value of the MLS to Consumers
As you work to negotiate your value and services to consumers, hopefully converting leads into clientele, the MLS is an area of your discussion that you don’t want to skip over. The reality is that the MLS offers potential clients all the tools and data they need for their benefit.
Dear RWorld: What Can Consumers & Realtors® Expect from the Settlement?
The National Association of Realtors® (NAR) proposed settlement is trending across the real estate market. Some of the takeaways that consumers and Realtors® can expect are price transparency, leveled playing fields, seller incentives, and more.
Setting Clear Expectations With a Buyer-Broker Agreement
Whether you're a new agent or a seasoned professional, the shared goal among all real estate professionals is to offer expert guidance to your clients. As a Realtor®, you understand the importance of being a trusted source of knowledge and setting clear expectations to deliver maximum value.
Navigating the NAR Settlement: Understanding the Impact & Moving Forward
This message aims to clarify the implications for our consumers and our valued Realtors® while addressing common concerns and questions.
ST. LUCIE COUNTY SUPPLY OF INVENTORY INCREASES 40% TO 4.2 MONTHS
Just in! New reports have been released from Florida Realtors® detailing recent real estate activity. The reports compare year-over-year data. Here are statistics on single-family homes.
PALM BEACH COUNTY SUPPLY OF INVENTORY INCREASES OVER 33% TO 4.4 MONTHS
Just in! New reports have been released from Florida Realtors® detailing recent real estate activity. The reports compare year-over-year data. Here are statistics on single-family homes.
BROWARD COUNTY SUPPLY OF INVENTORY INCREASES OVER 35% TO 3.8 MONTHS
Just in! New reports have been released from Florida Realtors® detailing recent real estate activity. The reports compare year-over-year data. Here are statistics on single-family homes.