Cover Story
When it comes to the real estate industry, delivering great service is the No. 1 must. Not only does this get you referrals, happy clients and stellar testimonials, but it also makes you worthy of that commission. Due to
How do real estate commissions work in the real estate markets of other countries? Click on our graphic below to find
The National Association of Realtors tracks agents’ median incomes each year, as well as commission structures across the U.S. Below are NAR’s findings from its 2013 Member Profile: • Percentage-split commission is the prevailing method for Realtor compensation, with
On top of the significant dollar amount surrounding a real estate transaction, the stress of finding a team of trusted advisors can be insurmountable. In addition, the competitive housing market can challenge even the most dogged prospective homebuyers. Some
What do brokerages outsource? And what do they reserve for in-house services? See our infographic below to find out (click on it for full
#182159002 / gettyimages.com RISMedia’s 2014 April issue asked brokers to rank the consumer groups that were most important to business. Below are the top five, according to the total respondents to RISMedia’s survey. For these demographics, what services are
One-stop real estate shops are gaining popularity, according to an online survey of 200 real estate executives conducted by Imprev, Inc. in Aug. 2013. Seventy-five percent of executives who responded to the survey say their brokerages offer at least
Chicago is the third largest city in the U.S., and home to thousands of businesses, which makes it a robust relocation destination with transferees moving from cities around the world. In a 2012 Penske Truck rental survey, Chicago ranked
As we mention in our cover story, there are many ways in which relocation real estate differs from the traditional buying and selling process, but there’s perhaps no bigger difference than the presence of relocation companies, which operate as
People who relocate to the U.S. from foreign countries have much to adjust to. Climate, clothing and food are a few items that readily come to mind. In an unfamiliar land, clients need Realtors they can trust; however, gaining
Growing consumer audience – that’s the common goal behind this year’s multi-million dollar national marketing campaigns for leading real estate search portals Zillow, Trulia and realtor.com. But increasing the number of consumers isn’t the only thing those three should
$300 annual marketing budget: Zillow’s Premier Silver package provides agents with CRM access through an XRM platform, as well as an MLS-powered IDX website with the URL of their choice for $10 a month. Agent Folio allows agents to
Forget what you’ve read about the luxury market in the past few years, because the facts are changing. According to Bloomberg News, the number of million-dollar home sales in the U.S. is double their historical average. Purchases of homes
High-end, luxury clients don’t always want to put their listing on the MLS, and that is for a variety of reasons, according to Jennifer Ames, a luxury agent with Coldwell Banker. Those clients, more often than not, are extremely
The graphs below show a snapshot of the luxury market. Coldwell Banker Residential Brokerage pulls data about luxury properties (properties listed at $750,000 or higher) from Midwest Real Estate Data, and compiles luxury market reports for every area of