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Would you trust a real estate agent who didn’t follow ethical guidelines? Buying or selling a home is one of the biggest financial decisions people make, and they rely on real estate professionals to act with honesty and fairness. That’s where the Real Estate Code of Ethics comes in.
Whether you're already in the industry or aspiring to become an agent, understanding this code can help you on your real estate journey. Let’s explore what it entails and who must abide by its rules.
Are you thinking about building a real estate team? You've likely reached a stage in your career where managing everything on your own is no longer feasible. However, assembling a real estate team requires specific skills and careful planning.
This journey will test your abilities in managing people and workloads. Making informed decisions can help you share your responsibilities while growing your business. To guide you through this process, we’ve compiled eight essential steps to help you build real estate team success.
Active real estate investing can be a tough but lucrative endeavor if done correctly. With the real estate market constantly evolving, it's important for investors to stay informed and adaptable. Whether you're a seasoned investor or a newcomer to the real estate scene, understanding the basics of active investing is the key to success. This blog will explore the fundamentals, strategies, and current trends to help you navigate the world of active real estate investing in 2024 and beyond.
When most people think of real estate investing, they think of house flipping, rental properties, and Airbnb. But this is only one category of real estate investment. Your knowledge of real estate investing basics is only complete once you understand all the options.
Every year, new real estate agents hit the market with soaring optimism about their prospects. However, given the high rate of real estate agent failure, that new-career glow often doesn’t last long.
Real estate agents have to deal with a variety of risks and liabilities when doing their job. From handling client disputes to managing complex transactions, real estate agents and brokers must protect themselves against potential legal and financial consequences. One crucial aspect of risk management in real estate is understanding and securing the right type of insurance coverage, including E&O Tail Coverage. Read on to learn more about what tail coverage is, why it matters, and how it benefits real estate professionals
What is keeping this house from selling?
Objectivity is the key. Whether you are the listing agent or the Seller, it is critical to analyze what will keep or is keeping the house from selling. Once the problem is identified, objectivity is again important when determining the solution.
Here are the 10 most common reasons your house isn't selling.
Buying a house is arguably one of the largest financial decisions someone will ever make. As a real estate agent, expressing gratitude and leaving a lasting impression with a thoughtful closing gift is a meaningful way to celebrate this huge milestone with your client. In this guide, we'll explore a curated selection of closing gifts that buyers are sure to love, creating a positive and memorable experience as they step into their new home.
Wherever you go, there seems to be plenty of real estate agents. Not everyone is looking to buy a home, but there is still plenty for them to do. Though they often show homes to potential buyers, much more is involved in being a real estate agent. Read more below if you want to know more about different types of real estate agents and their specific responsibilities and job duties.
Everything’s bigger in Texas, including the opportunities to become a successful real estate agent. With its diverse cities and thriving property markets, it’s not a surprise that many agents would want to work in the Lone Star State.
But Texas is the largest state in the continental U.S., with over a thousand incorporated cities. How do you know where is the best place to work? Here, we'll discuss the best areas for you to be a real estate agent.
For some people, math can be intimidating. While you might think you can avoid the subject when working in real estate, there’s actually a lot of math you’ll use in your day-to-day life as an agent. There will also be a few math questions on your real estate exam.
Below, we've put together a partial study guide for real estate math that includes formulas, practice questions and answers, as well as examples you might see on your exam or in your career as a real estate agent.
Part of being a successful real estate agent is being knowledgeable in the industry so you can always give your clients the most accurate information. Understanding the legal aspects of property ownership is one of the many topics a real estate agent should know inside and out. Two terms that often come up in transactions are "title" and "deed." While these terms are somewhat related and even used interchangeably, they refer to distinct property rights aspects.
This comprehensive guide will explore the difference between a title and a deed and how they impact real estate transactions. Whether you are a seasoned real estate agent or a newcomer to the industry, this knowledge will empower you to serve your clients better and navigate the complexities of property transfers.
If you're thinking about diving into the world of real estate, or if you're already working as a real estate agent, you might be wondering who pays the broker fees in each state. It's an important question to ask, as these costs can vary significantly from one state to the next. It’s also best to know the answer to let your client know if they’re the one who needs to pay for these fees.
In this article, we'll take a closer look at what realtor fees are, how much they can set a client back, and where that money comes from.
Starting a new career in any field can seem a bit overwhelming. Many people might want to dip their toes into a new industry rather than diving in headfirst.
Did you know that you could actually work as a real estate agent part-time? Testing out the waters might be better for some people looking to try it out before fully committing. In this article, we'll go over how you can work as a part-time real estate agent.
Many people decide to become a real estate agent for different reasons. Some might want to completely switch their careers with a better work-life balance, while others might want to get into real estate part-time for some extra income.
One of the ways you'd be getting paid is with gross commission income (GCI). We'll go over what GCI is, how to calculate it, and how to increase it throughout your real estate career.
When it comes to selling their home, most clients care about two major things: selling their home for as much as possible and quickly. Having multiple agents list and market the home to sell might seem like a good way to do that, but it might actually be counterintuitive.
In this article, we'll dive into the details of an Exclusive Right to Sell agreement, explore its key components, and talk about why it could be beneficial for both sellers and real estate agents.
Whether an investor is interested in flipping houses for a profit or a homeowner is looking to make some renovations, every real estate agent should become familiar with the term ARV to help them with their goal. So what exactly is ARV in real estate? Continue reading to find out more about what ARV is, how to calculate it, and how it can help you on your real estate journey.
Maybe you're planning on a big move across the country, or you're just trying to expand your real estate empire. Either way, there are plenty of reasons to get an active real estate license in another state. Reciprocity can allow real estate professionals to serve clients in multiple areas, giving them a competitive advantage in the industry.
In this article, we'll cover everything you need to know about how reciprocity works with real estate licenses in Florida and how it can help you become a successful real estate agent.
The practice known as dual agency, where an agent represents both the buyer and the seller in a transaction, raises questions about conflicts of interest and fairness. In this article, we will explore the concept of dual agency, its implications, and its legality in different states.
The real estate industry pays a lot of attention to diversity and equity for our customers, but we spend less time looking at how we take care of our own.
Real estate is far more diverse than it used to be, but like nearly all industries, we have a ways to go. What's the state of diversity, equity, and inclusion in today's real estate profession? What needs to be done to improve it? And how can you do your part?
As a real estate agent or broker, every state's real estate regulatory body requires you to renew your real estate license at a certain interval – usually every two or three years.
It usually involves a fee and a renewal application, but by far the most time consuming requirement is Continuing Education, also known as CE. Basically, they want you to take a certain number of courses from an approved source to ensure you're keeping up with the industry.
It's common for real estate boards to require your CE to include specific curricula or, at the least, certain general topics.
In this guide, we break down the real estate continuing education requirements needed to keep your license active as listed by each state’s Real Estate Commission.
In this post, we'll go over why you should be incorporating funny real estate posts into your digital marketing strategy and how it will help your realtor business grow, we’ll even share some tools for making your own fun content, plus some tips you should follow when making content.
In Oregon, brokers and principal brokers must take continuing education every two years. The first time a broker or principal broker takes continuing courses is slightly different from continuing education courses in subsequent years.
In this post, we discuss the real estate continuing education requirements for Oregon brokers and principal brokers.
A net listing is an uncommon type of real estate property listing. There are several types of listings that all real estate professionals should thoroughly understand. Learn more about net listings and which states net listings are legal.
Real estate is a customer service business. You're not really selling property; you're selling your wisdom, experience, and professional judgment. Learn how to effectively serve your customers, increase leads, and make more money.
Real estate and contracts go hand in hand. Agents have to know and understand a variety of different contracts to be successful. We discuss those here.
In order to buy and sell real estate, there must be in place a method whereby the property being sold can be accurately identified. There are three (3) major types of legal land descriptions used throughout the United States.
Do you want to get a real estate license, but are still struggling to decide which real estate school you should choose? Here are the 7 features to look for that make for the best online real estate school.
If you are using combo lockboxes or requiring agents to pick up keys at the office, it's time to enter the 21st century. There are many better options than this archaic activity that keeps your listings accessible and the keys protected.
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