Cold calling in real estate takes confidence and a bit of moxy, but with the right scripts you should feel better about connecting with and leading your prospects to the outcomes you want. This article will give you the top five real estate scripts for cold calling made for new agents and tips to use…
2 Free FSBO Scripts that Convert More Leads
For sale by owner (FSBO) listings can be an incredibly effective way of gaining quality leads if you take the right approach. In this article, we’ll offer you two free FSBO scripts and show you how to use them to develop a relationship with the homeowner, showcase your value, and ultimately convert the lead. 2…
How to Start and Structure a Real Estate Brokerage in 8 Steps
Starting and structuring a real estate brokerage can be a career milestone, but one that requires making complex and solid decisions from the onset. This article breaks down how to start and structure a real estate brokerage into manageable steps, thoroughly discusses important decisions, and gives you the information you need from financing options to…
Free Rental Inspection Walkthrough Checklist
Rental property inspections help to protect your investment by monitoring your asset at various stages of the tenancy. The steps to complete a rental property inspection include using a checklist to inspect the property before tenants move in, during the tenant’s residency, and when everything has been moved out. Included in this article you’ll find…
The Best Real Estate Blogs 2018-Top Blogs Agents And Investors Should Be Reading
Starting a real estate business or selling property? If you’re looking for insightful real estate information you’ve come to the right place. We selected the blogs which regularly provide knowledgeable content for both the novice and experienced real estate professionals. These real estate experts offer a wide array of advice such as investing in real estate,…
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. While real estate referral fees range from 20% to 35%, the standard fee is about 25% of the earned commission. You must be a licensed real…
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…
Facebook for Realtors – Generate Leads in 5 Steps
Facebook can be one of the most effective tools in your arsenal for generating leads if you follow the steps to maximize impact. Learning how to set up your page, use posts to enhance engagement, join groups, and use paid advertising will put you ahead of the competition and in front of your target audience….
The 6 Types of Stigmatized Property
A stigmatized property is a house, dwelling, or place of occupancy that buyers or tenants avoid for reasons unrelated to its physical features or condition. These include the death of an occupant, murder, suicide, ghost sightings, and more. As you can imagine, selling a stigmatized property can be a challenge. In fact, according to a…
Fair Market Value: Definition & How It’s Determined
Fair market value is an estimate of the price at which real property would change hands in an arm’s length transaction. That is, a voluntary transaction between a willing buyer and a willing seller, both having equal bargaining power and a reasonable knowledge of the pertinent facts. Fair market value represents an impartial valuation or…
Closing Costs: Definition, Types, & Typical Amounts
Closing costs are expenses in addition to the price of the property in a real estate transaction to transfer the title from the seller to the buyer. While the total closing cost depends on the property’s value and location, buyers typically pay between 2% to 5% of the purchase price. Federal laws through the Truth…
