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Best Practices for Multiple Offer Situations

Blog Contributor Business Challenges, Code of Ethics, Professional Development, Sales & Marketing 11 Comments

By Scott Newman Real estate is back in 2012 in a big way. Many markets are seeing price increases in response to dwindling inventories as more and more buyers are getting off the fence every day.  With that in mind — especially since it’s been so long since we’ve had the opportunity to use the phrase “multiple offer” — I …

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What Do Top Producers Have in Common? It’s Something 87% of Agents Don’t Have!

Blog Contributor Business Challenges, Helpful Tools, Managing Your Office, Professional Development, Sales & Marketing 3 Comments

By Dave Robison All the top producers have  something in common. Yes, they all have something other agents want, such as higher sales, more disposable income, and more free time. But how do they achieve this? It’s not by buying an iPad or iPhone. Can you guess what it is they have in common? Assistants. NAR reports 87 percent of …

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Does Your Listing Need a Cut-Off Date?

Blog Contributor Business Challenges, Professional Development, Sales & Marketing 2 Comments

By Melissa Krchnak Who has an influx of buyers? We sure do! My market (the Inland Empire of Southern California) is crawling with them. Our middle market is sitting a bit, but our entry-level and high-end are moving quite quickly… with multiple offers over asking! That got me thinking: With lower inventory and a ton of activity, should I be …

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Don’t Be Afraid to Reset and Start Over…

Blog Contributor Business Challenges, Professional Development Leave a Comment

By Chris Nichols I love the game of golf! Many lessons can be learned from the sport; and one was learned poignantly on Sunday at the Master’s in Augusta, Ga. Phil Mickelson was within striking distance of the lead in the final round when he was faced with a difficult decision due to an errant tee shot. The choice he …

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The Curse of the Time Sucker

Blog Contributor Business Challenges, Working with Clients 7 Comments

By Melissa Krchnak We all have pieces of our business that can suck our time away from being successful: meetings that don’t feel productive, emptying our inbox, conflict resolution, admin tasks, and chatting with our friends and colleagues. Just yesterday I encountered the worst of the time sucker, the commitment-phobe. This particular person is an over-analyzer who uses that as …

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Minding the Gap

Blog Contributor Business Challenges, Consumer, Helpful Tools, Professional Development, Sales & Marketing 1 Comment

By Jason O’Neil One of the places where I have focused my business is on referrals and past clients. This isn’t unique. But the way I look at it is unique, and it has to do with what I call “The Gap.” Here’s what I mean: According to NAR, in 2011, 69 percent of all sellers said that they definitely …

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How Do You Know When it’s Time to Hire an Assistant?

Blog Contributor Business Challenges, Helpful Tools, Managing Your Office, Professional Development, Work/Life Balance 1 Comment

By Alex Milshteyn I am writing this 30,000 feet in the air as I fly to St. Louis, Mo., where I’ll be participating in a “30 Under 30” panel discussion during the St. Louis Association of REALTORS®’ YPN second anniversary celebration. As I’m writing this, I feel very little stress, which is a giant contrast from just a few years …

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Where’s Your Focus?

Blog Contributor Business Challenges, Professional Development Leave a Comment

By Chris Nichols I just got back from some meetings in Orlando, Florida. There are many beautiful golf courses in the area, and I had the opportunity to drive by Disney’s Lake Buena Vista Golf Course and see this phenomenal golf hole. Surrounded by water and sandwiched between two sand traps, this hole could easily be summed up as “challenging”! …

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Being Unattached to the Outcome

Blog Contributor Business Challenges, Closing, Professional Development, Sales & Marketing, Working with Clients 5 Comments

By Dave Robison Ever had a buyer working with more than one agent? Ever had a seller who you spent a ton of time with, gave them your advice, and then they used a discounted service? Ever had a buyer who kept changing their mind or made offers on a lot of properties? I knew an agent who had a …

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Fiduciary Duty

Blog Contributor Business Challenges, ethics, Helpful Tools, Professional Development 1 Comment

By Jennifer Klein The current real estate market is tricky to understand. In this video with Steve Ostrom, we discuss who is obligated to whom, both in a short sale and in the case of bank owned homes.  Understanding who our agreements are with as agents will help buyers better navigate the market. Jennifer Klein is a REALTOR® in Northern …