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.


Brokers Experiment with Cryptocurrency

May 10, 2018
With Bitcoin and other forms of virtual money grabbing headlines, Tampa broker Kenny Hayslett aims to stay on top of the cryptocurrency curve. Hayslett, broker-owner of the 75-agent RE/MAX Action First, says his company has listed 10 properties for sellers willing to accept payment in Bitcoin. And Hayslett already has brokered two small deals for…To read more — login/sign up

 

Commissions Inching Downward? Splits Growing Less Favorable? You’re Not Alone

April 12, 2018
Get ready for even more bidding wars: As the U.S. real estate market enters its spring buying season, the supply-and-demand equation is characterized by tight supply (rock-bottom inventories) and strong demand (in the form of robust job growth). Those ingredients combine to nearly guarantee that many bidders will lose out on homes. But there are…To read more — login/sign up

 

New Capital Flows into Real Estate Industry at Dizzying Pace

March 3, 2018
Venture capital, that smart money traditionally earmarked for Silicon Valley tech startups, has begun flooding into the residential real estate industry. The obvious question: What will become of all that cash? Will the disruptive upstarts raising venture capital manage to topple the industry’s established players? Or will they flame out as the hot business models…To read more — login/sign up

 

Brokers Expect Tax Reform to Hurt High-Cost Markets, Benefit Other Regions

February 16, 2018
Over the objections of the National Association of Realtors, Congress in late 2017 passed a tax reform package championed by President Donald Trump. Realtors in high-cost, high-tax areas such as New York, California, Maryland, and Massachusetts say they expect less demand and falling prices as a result. However, many brokers in Florida and other relatively…To read more — login/sign up

 

Homeowners Stay in Their Houses Longer, Chilling Housing Market: DIY Inventory Can Help

February 1, 2018
Before the housing crash of 2008, Americans were a mobile bunch, bordering on rootless. Realtors could count on homeowners to sell every five to seven years, a quick holding period that created both plentiful inventories and regular transactions. Since the Great Recession, however, Americans have planted increasingly deep roots. The typical American who sold a…To read more — login/sign up

 

Looking Ahead to 2018: Brokerage Industry Strong, But Challenges Remain

January 18, 2018
While doomsayers once expected real estate agents to go the way of travel agents and full-commission stock brokers, the business of real estate brokerage has remained surprisingly unscathed. Still, challenges remain in 2018 and experienced broker/owners warn against complacency. In an interview with Real Estate Broker’s Insider, Lennox Scott, head of John L. Scott Real Estate…To read more — login/sign up

 

The Year in Brokerage Management

January 5, 2018
Every other week we post a brief article from Real Estate Broker’s Insider. Over the course of the year we’ve covered everything from agent recruitment to new business models to avoiding lawsuits. To wrap up the year, we’re highlighting five of our favorite posts. Timely and informative, they showcase some of the most creative broker/owners in…To read more — login/sign up