Best Business Practices

The 9 Must-Have Amenities for Luxury Homebuyers in 2013

What amenities have proven the most in-demand for luxury homebuyers thus far in 2013? All consumers approach the homebuying experience with a specific set of features and amenities that they most desire in their prospective home, but luxury homebuyers

4 Ways to Compete Against a Top Agent

Recently I observed a fairly new agent fight for a listing with two of Chicago’s top agents and win. With enthusiasm and full attention, the new agent explained that she only takes five clients at a time in order

How Listing Agents with Good Intentions Can Turn Off Buyers

A common mistake that listing agents often make in front of buyer clients is to talk first and listen later, if at all. They tend to talk nonstop from the start of the showing to the end, often volunteering information

50, Er, 5 Shades of Grey to Update Your Home For Market

According to a 2012 HomeGain survey, interior painting has an ROI of 107 percent for home sellers when preparing a home for the market. While Taupe and Navajo White were hot a few years back, shades of grey are

How Marketing Strategy Turns the Buck Shot Into a Bullseye – Part 2

“Be yourself; everyone else is already taken.” -Oscar Wilde In my first post on marketing strategy, I opined on how many real estate agents’ sabotage their approaches to self-marketing with a lack of strategic planning. More than just a budget,

Mastering the Art of Healthy Business Relationships: 10 Don’ts that Destroy Life-Changing Connections at Work

Let’s face it: business relationships can be tough, and some even adversely impact careers and the bottom line. Although relationships are a fundamental aspect of the human experience, our dealings with co-workers and superiors, as well as clients and

The Top 5 Home Seller Incentives in 2013

Home seller incentives became quite common during the down years, but are they still common in 2013? During the months following the housing downturn in 2008, homebuyers found themselves in a interesting position – they were in charge. With

3 Tips For Using Personal Letters in Multiple Offer Situations

In multiple offer situations, how can agents make their client stand out from the rest of the pack? In her latest blog, Anna Mayer-Huls explains how. About a month ago, my sellers were in a multiple offer situation. The

Save Your Transaction with an Appraisal Reconsideration of Value Form

Everything is in place for your client’s transaction, but the appraisal came in low; what can you do? Michael Hobbs writes about the value of an ROV. Every Realtor has received “that dreaded phone call.” You know the one.

The Top 5 Staging Recommendations for 2013

Chicago’s housing market has been putting up some great numbers in 2013; what are the staging secrets behind those numbers? There’s no doubt that the Chicago real estate market this year is at levels it hasn’t been in years.

4 Important Tech Etiquette Tips for the Office

In an office environment where everyone is using technology, there are definitely some rules of the road you should be following. We risk summoning Captain Obvious with this statement, but it’s worth making nonetheless: technology is pretty much ubiquitous

5 Important Short Sale Road Rules on Settling Deficiency

How do you avoid a deficiency in a short sale? In his latest blog, Joseph C. Alfe explains how with five rules. One of the most frequently asked questions I get, from both brokers and sellers, is how to

How To Close a Loan in 10 Days! (Yes, Really) – Part 2

Editor’s Note: This is the second part in a two-part series by Tim Brigham. If you missed the first part, click here. Friday, Day 5- Confirmation Day By now any file problems should be out in the open and

How to Close a Loan in 10 days! (Yes, Really) – Part 1

This topic is thrown around in our industry almost on a daily basis. Bankers and brokers love to walk into your office and claim to close a loan “faster than EVERYONE else… 10 days… promise…” and then 143 days

The Top 9 Ways that Consumers Choose Real Estate Agents

Between the Internet, referrals and advertisements, consumers have many options for finding agents; what options, though, ultimately win them over? We are living in an age of overwhelming choice, and real estate is no exception. From the Internet, to

What Online Resources Do Most Homebuyers Use?

The Internet is vast and the options for homebuyers are plenty, but certain sites command greater attention from buyers – regardless of age. We all know that 90 percent of homebuyers consult the Internet as some point in their

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