Improving Your Business

Stories, articles and advice aimed at improving your business

Minorities Will Drive Future Homeownership Growth

Hispanics and other minorities primed to begin housing boom Minorities are projected to have higher homeownership rates than whites from 2020 to 2030, especially among Hispanics, according to a new Urban Institute study. Although white homeownership growth will be

4 Significant Ways First-Time Buyers have Changed

The housing market has changed substantially in the last 40 years, and first-time homebuyers have changed with it Since the 1970s, the U.S. housing market has changed in numerous ways. The square footage of homes, for instance, has risen to all-time

Student Debt Delaying 30% of Millennial Home Purchases

Student debt remains the leading roadblock to Millennial homeownership Fifty-six percent of people between 18 and 29 have put off a major life event because of student loan debt, according to a survey released by Bankrate.com. That is higher than

Major Google Air Quality Partnership May Soon Influence Home Pricing Decisions

Technology has drastically improved the efficacy of searching for the right home. Prior to enlisting the services of an agent, buyers, who in all likelihood have a pre-established criterion for their ideal neighborhood and home, are scoping out concerns

Q&A with Andy Donaldson, Author of “Terrible Estate Agent Photos”

What are the biggest mistakes you can make with listing photos? Whether it be on the Internet, in a brokerage office or in a chain email, we have all seen them – terrible real estate photos. If there is

Q&A with Andy Donaldson, Author of “Terrible Estate Agent Photos”

What are the biggest mistakes you can make with listing photos? Whether it be on the Internet, in a brokerage office or in a chain email, we have all seen them – terrible real estate photos. If there is

First-Time Homeowners Want to Buy – but Can They?

First-time homeowners set sights high First-time homebuyers are still facing a tough road to homeownership, but it’s one that they are willing to overcome, according to a new study released by TD Bank. The survey, which polled 1,002 consumers

Five Tips For New Real Estate Agents

Graduating from a real estate licensing course is extremely exciting, but the task of finding the right brokerage, starting your career, and learning the next steps can be daunting. Having been there myself, and now coaching and training many

Foreign Homebuyers Discouraged by Strong Dollar

Throughout the first four months of 2015, home sales in the U.S. were the best they’ve been in eight years. Helped by a one-half percentage drop in fixed mortgage rates, home sales from January to April this year surpassed

Chicago ‘Cloud Tax’ Could Impact Residential Real Estate

Could Chicago’s real estate community be an implicit target of the city’s cloud tax? Streaming sites such as  Netflix and Spotify may have been the explicit targets of Chicago’s “cloud tax,” but a closer examination of the law suggests

Realtor.com Tests New Feature to Address Big Complaint

New realtor.com feature to test increased agent responsiveness, impact on leads A lack of responsiveness from agents has always been a chief complaint among buyers and sellers. In an effort to address customers’ complaints and provide brokerages with better lead

Top 10 Dangers Facing State and Local Associations

What is threatening the residential real estate industry at the state and local level? Commissioned to the Swanepoel | T3 Group, NAR’s recent “Danger Report” analyzes the industry from multiple vantage points, including agents, brokers and associations. The intent

7 Biggest Challenges Housing Faces in 2015

Recession technically over, but challenges remain for housing market Six years ago, the recession officially ended. However, 41 percent of Americans still think the housing crisis is happening, and a new study by the Joint Center for Housing Studies of

The Most Underrated Reason for Housing’s Slow Recovery

Two surveys, one from Bankrate and another from Capital One, spotlight Americans’ financial insecurities Twenty-nine percent of Americans have no emergency savings, and another 21 percent only have enough savings to cover three months of expenses. Those troubling statistics came

All-Star Agent Reviews

In the digital age, almost everyone scours online reviews before they make any kind of purchase. People won’t rent a hotel room or read a book until they know its online star rating and have insight from others who

Handling Online Reviews: A Challenge in Every Industry

The delivery and role of customer reviews have evolved dramatically and handling feedback is no longer an internal process The Internet has become such a prominent cog in our world that no industry is quarantined from its relevance. Doctors,

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