Using Instagram for real estate is a way to market your properties successfully. In order to achieve this, you need to learn how to set up your page, create effective posts, and use paid advertising to get in front of your target audience. Only 14 percent of real estate agents are on Instagram yet 59…
How to Get Foreclosure Listings in 4 Steps: The Ultimate Guide
Foreclosure listings differ from general listings in that they require agents to take additional steps to acquire them. These steps can include working directly with lenders or government agencies, building relationships with asset management companies by completing broker price opinions (BPOs), networking with asset managers, and gaining specialized knowledge in the field. This article will…
Real Estate Referral Fees — Rates, How they Work & Free Contract Template
Real estate referral fees are fees paid when one agent or broker refers a client to another agent or broker based on the eventual commission when the sale closes. Real estate referral fees range from 20% to 35%, but the standard fee is about 25% of the earned commission. The reason for a real estate…
RESPA Violations: Definition, Examples & Penalties
RESPA (Real Estate Settlement Procedures Act) is a law passed by Congress in 1974 to curb unethical practices and consumer abuse in real estate settlement charges. Before RESPA, real estate professionals and closing service providers routinely abused consumers with unnecessary fees to close on their homes. RESPA requires servicers of home loans, mortgage brokers, or…
How to Become a Notary & Start Your Own Notary Business
A notary business is quick to start and some notaries can earn upwards of $30,000 per year of additional income, and requires as little as $200 to begin. Just filling out an application, meeting your state requirements, completing a few courses, securing a bond, and filing your paperwork will get you up and running. In…
Home Staging in 10 Steps – The Ultimate Guide
Home staging is when a home seller intentionally prepares a residence exterior and interior to be desirable to as many potential buyers as possible, positioning the home to sell quickly, and fetch the highest possible price. Staging is a strategy. While sometimes clients are reticent to change elements about their home because of emotional attachments,…
Real Estate Door Hangers – Leads From Front Door Marketing
Joshua Smith, voted the 30th top real estate agent in the country by the Wall Street Journal in 2013, started out listing 7-15 homes a month from placing 10,000 door hangers in his farm area. The technique was so successful for him that he ended up closing 463 listings worth $49 million in one year….
Real Estate Resume: Templates, Samples & How to Write
In this guide, I’ll explain the best practices for writing a real estate resume both for new agents and experienced agents, and provide you with a free downloadable real estate resume templates and samples you can copy and edit for your resume. To get started, here are two resume templates, one for new real estate…
What Is a Realtor?
The terms Realtor® and Realtors® are registered trademarks. They’re collective membership marks that identify a licensed real estate professional who is an active member of the National Association of Realtors (called NAR for short) and subscribes to its Code of Ethics. Realtors work as residential and commercial real estate brokers, salespeople, property managers, appraisers, counselors…
How to Break Into the Luxury Real Estate Market: 21 Tips From the Pros
The average real estate agent earns $45,737 per year, according to Payscale.com. In luxury real estate, you can earn that in just one deal. Who doesn’t want bigger commissions, name recognition, publicity, and business opportunities? Here are 21 tips from top producing Realtors on how to break into the luxury real estate market. 1. Be…
How to Become a Real Estate Agent in Alaska
In this guide you’ll learn all the details you need to know to get your license and become a real estate agent in Alaska. You’ll learn the basic real estate licensing requirements in Alaska, information about the exam including pass rates and test prep, reciprocity rules, county by county breakdowns of the most expensive real…
How to Become a Real Estate Agent in Alabama
In this guide you’ll learn all the details you need to know to get your license and become a real estate agent in Alabama. You’ll learn the basic real estate licensing requirements in Alabama, information about the exam including pass rates and test prep, reciprocity rules, county by county breakdowns of the most expensive real…