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Reputation, Motivation and Education: What Are Managing Brokers Actually Managing?

Today is my first day as the new managing broker of one of our brokerage offices. For six years, I’ve been a real estate agent. A year ago, I got my broker’s license. Since New Year’s, I’ve been “training”

6 Ways to Groom Top Agents

Want to train your agents to be even better? Do these six things: 1. Set Goals. Having concrete goals empowers employees and keeps them focused on work. They might not want to attain top producer status, but what do

Customized Leadership

David Wolf has had a whirlwind few years. He went from being a team leader of seven real estate professionals to president of sales at Related Midwest to the president of Related Midwest’s new boutique real estate brokerage, Related

Soundbytes on the Appraisal Process

“In my opinion, the appraisal process is having a huge dampening effect on a market that is trying desperately to recover to some semblance of normalcy. How will we ever see appreciation again if this continues? ”  Jim Hourican, INproperties

4 Ways to Fix Appraisals

Earlier this year, the National Association of Home Builders (NAHB) released an extensive white paper that analyzed every aspect of the home appraisal process. Concluding with recommendations for reform, the NAHB described the current appraisal system as a “dysfunctional”

How to Become an Appraiser

Think you can do better than the appraisers you work with now? What standards and certifications are required for meeting state approval? To get an idea, we took a look at the Real Estate Appraiser Licensing Act of 2002,

Highest List Price Per Year by County

What were the highest priced listings in Chicago’s various counties from 2008 to the present day? And what did they ultimately sell for? See our infographic below for some

Trends of the Affluent

What do luxury homebuyers expect from your marketing efforts? your brokerage? what words resonate with them when reading listing descriptions? See below for the top trends of the affluent, pulled from the Harrison Group Survey and “Rich Buyer, Rich Seller,”

The Price is Right – And This Tool Proves It

If everything else in the neighborhood is getting seen five times a week and yours only twice a week, that is not necessarily a good thing. In this type of scenario, the seller will often come to the agent

Monthly Average List-to-Sell Prices

Month to month through the years, what is the average listing price for an average Chicagoland home, and what does it actually sell for? LeapRE gathered data from all six Chicagoland counties and found the average list and sale

Year Over Year Average List-to-Sell Prices

How far apart are average list-to-sell prices, and what does that say about the market? Are properties really decreasing their days on market? LeapRE pulled data from the MLS to find the average list price, sales price and days

How Crowdfunding is Coming to Real Estate

Forget private funding – the way of the future is crowdfunding, a collective approach to raising funds for both personal and professional activities, where companies and individuals instead seek small donations for their businesses from dozens of contributors from

3 Reasons Facebook’s Graph Search Rocks for Realtors

After years of users struggling with Facebook’s inferior search function, the mighty social media giant has finally launched a new search apparatus: the Graph Search. Infinitely more elegant and detailed than the original search function, the Graph Search promises

What Tech Tools Do Brokerages Provide?

What tech tools and training do different brokerages offer agents? We spoke to five tech representatives from five different brokerages: Chris Haran, director of strategic planning and initiatives with Coldwell Banker Jennifer Alter Warden, president of residential sales with

What Syndication Sites Do Consumers Visit Most?

The 10 largest real estate listing sites capture nearly half of all non-mobile Web traffic in a consumer’s online home search, according to data compiled by Experian Marketing Services (formerly Experian Hitwise). The metrics show the percent of traffic

Which Site Gets The Most Traffic?

In our analysis of both local and national brokerage websites, we used two primary sources: Alexa.com is a site that provides Web traffic data. We measured the traffic ranks and reaches of several national and local brokerage websites. Hubspot.com is

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