20 steps to a $1,000,000 year in real estate
A $1 million year may seem like a pipedream to some real estate agents. Here’s the deal: $1 million gross commission income equals 100 transactions at $10,000 average commission, based upon the national average $400,000 sale price. 55 transactions are…
Are brick-and mortar brokerage offices on the verge of closing?
As the housing market is softening, brokers like Ohio-based Cutler Real Estate’s Andy Camp look for ways to reduce overhead expenses. Camp says this has led to discussions about reducing the brokerage’s physical space footprint. Camp stated that COVID was…
Opinion: Property managers are seeing a lot of growth in this year.
Although the real estate industry focuses primarily on sales, I believe that this year will change the conversation. Property managers and investors have faced COVID-19, among many other challenges in recent years. Although the pandemic didn’t completely destroy the rental…
Proptech Ocusell temporarily offers its services for a flat rate
Ocusell, a Cincinnati startup that assists brokers in listing properties to multiple MLSs using a single data entry interface announced Tuesday that it would be charging a flat fee for accessing its MLS Business Rules Audit services. The flat fee…
Rocket Mortgage loans are now available to customers of a community bank
Fourth Capital Bank, Nashville, Tennessee, has integrated Rocket Mortgage’s digital loan application into its digital banking platform. The partnership was made possible by Rocket’s partnership to Q2 Holdings, Texas-based fintech that provides third-party products for community banks and credit unions….
Diyanna Ahuja quits Compass to join Rogers Healy and Associates
Rogers Healy and Associates Real Estate, a Texas-based independent real estate brokerage, has appointed Diyanna Ahuja its first director. Rogers Healy is the CEO and owner of RHA. He stated, “We’re in 17 years at RHA and we’re just starting,”….
Wendy Forsythe joins Compass’ leadership team
Compass’ executive shake-ups continued on Tuesday. The firm, based in New York, announced that Wendy Forsythe was named president of its California, Nevada, and Hawaii operations. Forsyth, as regional president, will be responsible to oversee all aspects of the company’s…
Four strategies to generate listings on a low-inventory market
Real estate agents need to adapt their strategies and tactics as the housing inventory drops nationwide without any indications of slowing. Agents should create a plan to generate new listings. They should also consider using any of the following tactics…
Nationally, home showing traffic continues to slow down
According to ShowingTime’s Showing Index, December saw slowing home showing traffic across most of the country. However, this was slower than in the fall. Despite a 32.2% annual decrease, national home traffic was still higher than seasonal pre-pandemic levels for…