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Real Estate Best Practices

Coaches, books, classes and seminars aim to capture real estate agents dollars with promises to teach them any number of ways to improve their business. From sales skills to how to close more deals to how to win with expireds (expired listings) and more, everyone has something to teach you.


There's nothing wrong with continuing education, whether it's keeping on top of new laws and regulations or learning how to be more productive. But before you spend an arm and a leg on any of those things, pull up a chair, put on your glasses and peruse the pages in this section of ActiveRain.


It is only here that you can tap into the world's largest online real estate community and actively engage with your peers. Find out what works and what doesn't from those that actually put into practice what others merely teach. Read how-to articles, advice on designations, certifications and continuing education classes. You never know where you will find the inspiration to take your business to the next level. So, pull up a chair and dig in!

Recent blogs on Real Estate Best Practices
By Wanda Kubat-Nerdin - Wanda Can!, The best agent in Southern Utah!
(Red Rock Real Estate (435) 632-9374)
Next week, you say? Effective communication matters greatly in any industry that involves working directly with people. What may make sense to one person, can readily confuse or take on a whole new meaning for another. Clear and concise is best, because even small nuances get lost in the translation. Here is an example of a simple conversation: A woman called her vet because of pet concerns.Shelley: "Good morning, I need to make an appointment for my pet Giraffe.”Vet: "Ok what's the problem?"Shelley: "She can't lift her head."Vet: "Hmm, maybe neck's weak?"Shelley: "Do you have anything sooner?”  See how easily that happens? So, when conversing with buyers or sellers, ensure one another's style of communication matches or quickly adapt or you might be sent into next week without them! 
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By Chris Dunham, The Real Estate Guy™
(Brokers Hub Realty)
Protecting Yourself as a Buyer: The Importance of a Buyer Broker Agreement in Arizona The Arizona real estate market is bustling, filled with opportunities for both seasoned investors and first-time homebuyers. Navigating this market can be exciting but also complex. That's where a buyer broker agreement comes in—your first line of defense as a buyer. What is a Buyer Broker Agreement? A buyer broker agreement (BBA) is a legally binding contract between you, the home buyer, and a real estate agent or brokerage who will represent your interests. It lays out the terms of your working relationship, clarifying expectations and responsibilities for both parties. How Does a BBA Protect Buyers? Fiduciary Duty: The most crucial protection a BBA offers is establishing a fiduciary relationship. Y...
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By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Some really nice tips for Real Estate! It is very important thatwhen you send anything to apast or current clientthat you address it to thempersonally (not occupant)If you can find the time tohand write somethingit will make all the difference.Items like notepads withyour picture and informationon them keeps you in their mind.When you sell a homegive your buyers some postcardswith the picture of theirnew home on it to send to friends.Rememberalways includeyou contact information on them.
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By Linda Peltz, It's The Sold That Counts
(eXp Realty)
Property management can be a complex and challenging field, requiring a deep understanding of laws, a commitment to clients, and a passion for excellence. In a recent conversation, Linda Peltz realtor & Raul Pelcastre, an expert in property manager Fresno, California, shared his insights and experiences in the industry. With a focus on residential properties, Raul emphasized the importance of trust, adherence to legal standards, and the value of personal dedication. The conversation dig into the key aspects of property management, highlighting Raul's unique approach and the essential qualities that make a successful property manager. Tune in to video below   Building Strong Client RelationshipsAt the heart of Raul Pelcastre property management philosophy is the importance of trust. Raul...
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By Sam Thomas, When it's important; hire a professional.
(Providence Group Realty)
With home prices and rates still relatively high, securing a mortgage can feel daunting––even to the most experienced borrowers. But don't let that deter you: If other homebuyers' experiences are any indication, odds are you'll eventually find a home loan that works well for you.In fact, most U.S. homeowners say they're satisfied with the mortgage they received, according to a recent Bankrate survey. The vast majority of the surveyed homeowners (69%) said they'd buy their current home again if they had a do-over.1The key to finding the right home loan for you is to look for one that you’ll feel comfortable with long after you've closed on your new property. In addition to comparing term lengths and mortgage rates, also consider how the loan will fit your daily life and preferences.For e...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
When Will We Know it's Time To Lower The Price-Destin Real EstateThe perfect time to develop a home pricing strategy is before the Destin Florida home hits the market. Naturally here at RE/Max Coastal Properties we do everything possible to get our sellers the most money. Let's take a look at some market signals that point to a price improvement...Signs that it might be time for a price reduction1) Your home isn't getting any showings--Thanks to listing syndication (and our robust marketing), your Destin Florida home will be in front of the buying public almost immediately. In fact, buyers who have alerts set up will receive notification THE MOMENT your home hits the market. We do this and ZERO showings in the first ten days? The seller should  respond to what the market is suggesting. ...
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By Michael Elliott, Burlington, New Jersey Residential Sales
(Fathom Realty)
Why Do I Suggest Two Lockboxes On My Listings?  For real estate agents in my local MLS,  they have access to a phone app which allows them to open a very secure and high tech Supra electronic lockbox.   Typically, I receive an email when they open and close the box.  ONLY member and affiliate members (some home inspectors, some appraisers) have access to this app.  2. A second Master combination lockbox is also recommended for:  Real estate agents who either do not have the app or who are from another region where our app is not available.  This lockbox prevents unprofessional agents from coming back at their leisure.   This is approximately 5-7% of agents who may have a buyer for your home. Township inspectors Private home inspectors and appraisers who are not affiliate MLS members Con...
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By Patricia Feager, ABR,CRS,GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
Today, July 30th is Happy International Friendship Day. Focusing on the athletic Olympians for 2024 in Paris, hasn't the teams competing for medals been examples of great camaraderie? Team USA Wins Gold in Women’s Gymnastics Final made it a great and happy International Friendship Day! Embracing unity! Simone Biles led Team USA to the top of the Olympic podium, winning the Gold Medals! Congratulations Simone Biles, Jordan Chiles, Suni Lee, Jade Carey, and Hezly Rivera! They gave it their all. At the podium, united they stand!  Lessons for the World's Eyes! When it comes to perseverance, Simone Biles champions success! “A quitter never wins, and a winner never quits!”  How did they succeed?  Focusing on excellence. Remaining calm under pressure. Celebrating each other's achievements. Res...
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By Matt Helganz
(Meridian Capital Real Estate)
Hello and Happy Tuesday! As the days get longer and temperatures climb, it's the perfect time to start getting your home ready for summer. Whether you're planning to host guests, create a relaxing retreat, or simply keep your home cool and comfy, a little preparation can make a big difference. Here’s your Tuesday motivation to start preparing your home for summer!1. Refresh Outdoor Spaces   Summer is perfect for outdoor activities, so begin by tidying up your outdoor areas. Clean your patio or deck, power wash your outdoor furniture, and add colorful, weather-resistant cushions. Planting vibrant flowers or an herb garden can also add life to your space.2. Service Your Cooling Systems   The last thing you want is your air conditioning failing during a heatwave. Hire a professional to ser...
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By Peter Mohylsky, Beach Broker, Call me at 850-517-7098
(PMI. Destin)
Thinking about investing in real estate?  Then get smart.  Real Estate i a long term investment and a part of a bigger investment strategy.  One of the key facts about real estate as an investment is that you can live in this investment.  🏡📈It's always a smart move to grow your wealth and secure your future! Let's explore your options and find the perfect investment opportunity today.Reach out to get started!💬📞#thehelpfulagent #home #houseexoert #house #listreports #investment #a073024 #dreamhome #realestate #realtor #realestateagent #happyhomeowners
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Legacy Letter to New Real Estate AgentsI have had letters to each of my children and their children running through my head since Carol Williams shared her beautiful idea for this challenge last month. As there are ‘raw emotions’ with each of the above, sharing publicly would not be the right thing to do. So, I chose to go a different route this week for the challenge. Being a cheerleader for new agents has always been a passion of mine. If you’re putting forth the effort, I’ll do anything in the world to help you be successful in this business…AND I’ll be your biggest cheerleader! Here is my letter to our future real estate stars: To Our Future Real Estate Stars,Welcome to the incredible journey of becoming a real estate agent. This profession offers limitless opportunities and immens...
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By Wanda Kubat-Nerdin - Wanda Can!, The best agent in Southern Utah!
(Red Rock Real Estate (435) 632-9374)
 When Markets Change - Shift Happens!  In brisk times, builders and their on-site agents attempt to forgo paying outside agents but in a stalled market situation, they may offer some incentives along with a higher amount of compensation to those who bring buyers. 3 things to be aware of while working with buyers:Agents:Show up at model homes with clients, because no signs are posted outside or inside, warning buyers to bring their agent, the on-site rep will not ask if they have one either. Also, many builders now require agents to register their clients online. Attention:The price of a new build listing remains the same whether a buyer agent is involved with the process or not. The cost has already been calculated, so the builder absorbs that amount. When they claim that money is saved...
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By Peter Mohylsky, Beach Broker, Call me at 850-517-7098
(PMI. Destin)
Making waves?Different strokes for different folks. I love the beaches so when I see this list which was probably computer generated I scratch my head and wonder.  I have visited these locations and wish they would compare the quality of the beach before they recommend it.  If you're ready to make your move to one of the nation's most affordable beach towns, send me a message! I can help you find somewhere you won't need to compromise on.#realestate #realestateagent #listreports #buying #selling #realestateexpert #homeowner #financehub #dreamhome #homeownership #homebuying #homesearch #buyingahome
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By Mike Tolj, Commercial Real Estate Without the Stress!
(Tolj Commercial Real Estate )
Did you know that the global commercial real estate market, valued at a whopping $7.2 trillion in 2023, is expected to skyrocket to $9.91 trillion by 2033? That’s a goldmine of opportunities waiting to be discovered! But here’s the kicker – only a fraction of real estate firms are leveraging data-driven decisions to tap into this potential. Whether you’re a seasoned pro or a newbie with big dreams, this guide is your ticket to joining the elite club of savvy investors who see opportunities where others see obstacles. Ready to unlock the secrets of market analysis? Let’s dive in and turn those market trends into your next big win!Key Takeaways Understanding property market trends is crucial for making informed real estate decisions. Effective analysis combines economic indicators, demogr...
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By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
This blog emphasizes the importance of getting a Buyer Broker Agreement signed to ensure transparency and loyalty in the buying process. It helps establish clear expectations and protects both the buyer and the broker from potential misunderstandings. Thanks for highlighting this crucial step to prevent cheating and foster trust! Have a super fantastic week!Joe Jackson, Realtor-KWCP Getting a Buyer Broker Agreement Signed Can Prevent Cheating!   Sometimes we can do everything right but if people are resistant to commit, then it's better they find someone else early on in the process. Chances are they will flake out, suddenly become difficult, wasting your valuable time and resources.   Some people just think they'll get a better deal if more than one agent looks for them. That is not al...
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By Bill Salvatore - East Valley, Realtor - 602-999-0952 / em: golfArizona@cox.net
(Arizona Elite Properties )
Getting a Buyer Broker Agreement Signed Can Prevent Cheating!   Sometimes we can do everything right but if people are resistant to commit, then it's better they find someone else early on in the process. Chances are they will flake out, suddenly become difficult, wasting your valuable time and resources.   Some people just think they'll get a better deal if more than one agent looks for them. That is not always the case! The relationship ends for me when the lack of commitment becomes clear, especially after explaining pertinent details.    A potential buyer once told me, "Sorry we cheated on you, but we refuse to marry you!" after they accidentally sent a signed REPC to my email with another buyer agent's name on it. All his wife could say was oops after I mentioned it.   Quite hones...
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By Wanda Kubat-Nerdin - Wanda Can!, The best agent in Southern Utah!
(Red Rock Real Estate (435) 632-9374)
Getting a Buyer Broker Agreement Signed Can Prevent Cheating! Sometimes we can do everything right but if people are resistant to commit, then it's better they find someone else early on in the process. Chances are they will flake out, suddenly become difficult, wasting your valuable time and resources. Some people just think they'll get a better deal if more than one agent looks for them. That is not always the case! The relationship ends for me when the lack of commitment becomes clear, especially after explaining pertinent details.  A potential buyer once told me, "Sorry we cheated on you, but we refuse to marry you!" after they accidentally sent a signed REPC to my email with another buyer agent's name on it. All his wife could say was oops after I mentioned it. Quite honestly I did...
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By Bob "RealMan" Timm, Owner of Ward Co Notary Services retired RE Broker
(Ward County Notary Services)
I'm sure a guinea pig has no need for a list, except to eat it, but lists come in handy for us humans (and Santa).A Real Estate professional without a list is not a RE agent. Unlike the olden days an agent does not need a paper and pencil list unless it's one your spouse gave you for chores or groceries.Thank Bill Gates (and others) for CRM programs. If you are a new agent and you are not familiar with CRM programs ask your broker what he/she uses and why.If you don't have a clue what to use here are some free ones you can check out.
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By Will Hamm, "Where There's a Will, There's a Way!"
(Hamm Homes)
Thomas spells it out so good about what Realtors do for their clients.  If you missed it here it is again. I can only speak for the great Golden State. In my opinion, a California real estate specialist is a licensed professional who focuses on the real estate market within the state of California and more specifically their geographic area of expertise. Their responsibilities can be quite varied but typically include the following: Market Analysis: They analyze market trends, property values, and economic indicators to provide insights into the best times to buy or sell properties. Property Listings: They list properties for sale or rent, showcasing them through various marketing channels to attract potential buyers or tenants. Client Representation: They represent buyers, sellers, lan...
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By Anna "Banana" Kruchten, 602-380-4886
(HomeSmart Real Estate )
Yesterday Patricia Feager, ABR,CRS,GRI,MRP wrote a post about Being Honest with your Closets.  Her post quickly brought to mind a recent showing of a penthouse but in a whole different way of being honest!My clients have been interested in a particular upscale condo building for quite some time.  They wanted a specific floor plan and it had to be top floor. And then Les Voila about a month ago a listing popped up that had exactly what they wanted. So of course I carefully checked out the photos and description very carefully because there was no sense in wasting their time  or mine looking at it. All appeared to look fine. It was the first day on the market and the agents were holding an open house. When we walked into the unit there was a very yucky smell. And we all know what that mea...
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