The National Association of Realtors is facing antitrust lawsuits and sexual harassment allegations, and real estate agents are now looking for alternatives.
Common Roofing Issues
Roofing problems are fairly common and can vary widely depending on the age of the roof, materials used, quality of installation, and environmental factors. Here are some of the most common roofing issues: Leaks and Moisture: Arguably the most common problem, leaks can be caused by a variety of issues such as damaged or missing shingles, poor seali...
In Australia, a Revamped Victorian With a Moody Modernist Vibe
It’s not as scary as it sounds: ‘It’s just joyful and really easy to live in.’
National Association of Realtors Faces Competition From New Group
Mauricio Umansky, a celebrity agent, and Jason Haber, a vocal critic of N.A.R., say it’s time for an alternative to the longtime organization.
$2 Million Homes in California
A Tudor Revival house in Berkeley, a two-bedroom condominium in Los Angeles and a 10-acre retreat in Murrieta.
How to Deal with Tough Customers
Dealing with tough customers is a common challenge in the real estate industry. Whether you're facing demanding buyers, indecisive sellers, or any other difficult personality, here are some strategies to help you manage these situations effectively: Practice Active Listening: Often, tough customers just want to be heard. Listen attentively to their...
Building a Successful Real Estate Business: Caroline’s Four Pillars to an Elevated Approach
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In the competitive world of real estate, creating a successful and sustainable business requires more than just transactions. In this episode, we explore the insights of Caroline Huo, luxury agent and director of professional development for KW Luxury. The key to her success lies in understanding and implementing four crucial pillars: your culture story, service standards, brand story, and building an economy-proof database.
Your Culture Story: Defining Your Purpose and Values
Start by asking yourself and your team: Why does your business exist? What values and beliefs define your culture?Develop a clear and concise MVVBP (Mission, Vision, Values, Beliefs, Perspective) for your business, articulating its purpose and the impact it aims to have on clients, team members, and partners.Emphasize the importance of shared values and beliefs within the team, fostering a sense of ownership and collective vision.Service Standards: Elevating the Client Experience
Establish service standards that go beyond the transactional nature of real estate, focusing on an elevated experience for every client, regardless of price point.Implement checklists for various milestones, ensuring consistency in communication, tonality, and client interaction.Personalize the experience by being an active listeners, anticipating client needs, and providing solutions before they are requested.Brand Story: Creating a Distinctive Identity
Define what your brand stands for and the feelings it should evoke when clients, colleagues, and partners encounter it.Consider every detail, from your logo to the scent associated with your brand. For example, use carefully selected candle scent in your listings to create a memorable and unique atmosphere.Ensure that your brand story permeates through all aspects of your business, from marketing materials to the way team members present themselves.Building an Economy-Proof Database: Diversifying Referral Sources
Develop a robust database of clients and allied partners that transcends economic fluctuations.Position yourself as an essential member at the table during significant life decisions by forging relationships with wealth managers, attorneys, CPAs, and other advisors.Create systems and communication channels to relay the nuances of client preferences and situations to team members and external partners, maintaining a seamless and personalized experience.By focusing on these four pillars, Caroline believes that real estate professionals can establish a business that not only survives economic challenges but thrives through consistent referrals and client satisfaction.
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That Broken Intercom in Your Apartment Is Illegal. Here’s What to Do.
A working intercom isn’t just a convenience when visitors or food deliveries arrive — it’s a legal requirement in most buildings.
New Tech
The real estate industry is rapidly evolving with the integration of new technologies. These innovations are transforming how properties are bought, sold, and managed, offering greater efficiency, enhanced experiences, and deeper insights. Here are some of the key technological advancements impacting real estate: 1. Virtual and Augmented Reality (V...
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Maybe — but it’s not a terrible time to rent.
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Is Your Rent Too High? We Want to Hear From You.
At a time of crushing housing costs, we are looking to speak with renters who pay half of their income in rent.
After Raising a Family in the West Village, She Began Again in Her Own Place
After her husband died, a retired librarian decided to leave their townhouse and strike out on her own in a one-bedroom apartment nearby. Here’s what she found for around $800,000.
First Year Tips
Starting your first year as a real estate agent can be both exciting and challenging. Here are some tips to help you navigate this new journey successfully: Understand Your Market: Research and understand the local real estate market. Know the average prices, types of properties available, and the demographics of buyers and sellers in your area.Bui...
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How to Curb Kids’ Clutter
Most children have a lot of stuff, and they aren’t always inclined to tidy it up. Here’s how to embrace the abundance — and create tools to manage it.
Do You Know How Much a Home Costs? Guess Again.
A survey found the U.S. cities where residents have the best (and worst) awareness of changing housing prices.
Emerging Neighborhoods
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$375,000 Homes in Washington, New York and Michigan
A one-bedroom condominium in Seattle, a renovated 1988 home in Eagle Bridge and a 1916 house once owned by the champion boxer Joe Louis in Detroit.