Brokers Best

Brokers Best provides the same high-quality information available in Real Estate Broker’s Insider in a brief email format. You may read past issues in chronological order and search for key topics. Free sign up is required.


Millennials Become More Active Buyers

May 16, 2019
Home purchases by millennials ticked up in 2018, but tight inventories and rising prices put the brakes on their buying activity. According to NAR’s Home Buyer and Seller Generational Trends 2018 study, 36 percent of all home purchases in 2018 were by millennials, up from 34 percent in 2017. Other notable generational trends from the report include:…To read more — login/sign up

 

Raise Production Standards for Agents

April 4, 2019
As a sales manager at Long & Foster, Weichert Realtors, and Coldwell Banker, Dean Cottrill learned the value of imposing minimum standards on agents. Cottrill, now president of brokerage consulting at T3 Sixty, says savvy brokers aren’t afraid to set performance standards for agents. The benefits are obvious: Running a team of only productive agents…To read more — login/sign up

 

Falling Commissions and Slowing Sales Volumes are Among Top Challenges for New Year

January 10, 2019
In 2019, real estate brokers will navigate a confusing cross-current of economic and industry trends, some providing welcome tailwinds, others creating challenging headwinds. On the bright side, the economy and job market are booming, stocks remain near record levels, and the housing market has experienced a robust recovery since the crash. Brokers are also leaning…To read more — login/sign up