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5 Financial Metrics All Real Estate Pros Should Track

Alex Craig Finances, Taxes 2 Comments

By: Alex Craig Lead generation might be the lifeblood of your business, but money is the oxygen. Without it—and a keen understanding of how your money is working—your business can’t breathe. Cash flow allows us to pay off debt, earn a living and build a scalable real estate business. When managed properly, that same cash makes vacations a reality, gives …

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How to Move Forward When You Don’t Get the Listing

Jennifer Weinberg Business Challenges 1 Comment

By:  Jennifer Weinberg Picture this: you’ve secured a listing appointment with a prospective client. You come prepared with comparable sales, a listing strategy and a charming demeanor. You have a professional and friendly meeting, walk out the door and are feeling great. You follow up with a thank you note. The next day your phone rings – it’s the seller! …

A real estate agent sits down with two clients to discuss options

Guiding Your Clients Through a Recession

Blog Contributor Business Challenges, Sales & Marketing 1 Comment

By: Kaycee Miller The real estate market is constantly changing – year to year, week to week, even day to day. Throw in a global pandemic, the impact of which we are still grappling with, and it’s safe to say that it’s a confusing time in the market. Is the U.S. headed toward an inevitable recession? Forecasts range widely, but …

5 Things Agents Can Do in Times of Uncertainty

Alex Craig Business Challenges, Marketing 6 Comments

By: Alex Craig When speaking with other real estate agents and professionals, I hear a sense of hesitancy, uncertainty, and in some cases, fear. Many of us are wondering what’s going to happen in the real estate market. We’re starting to see rising interest rates, high levels of inflation persist, and a number of publications are promoting “doom and gloom” …

Smiling African American woman at her home office.

5 Things Agents Can Do During the Slow Season

Blog Contributor Business Challenges, Classes & Education, Uncategorized 2 Comments

By Alex Craig My real estate market in Michigan is clearly defined by a busy season and a slow season. During the slow season, it can be hard for real estate agents to stay motivated and find ways to generate new business. Every year, I see fewer and fewer people coming into the office from December to February. In fact, …

2022 goals in notebook

New Year, New Plan? 2 Indications It’s Time to Switch Things Up

Blog Contributor Business Challenges, Establishing Your Business, Sales & Marketing Leave a Comment

By Lee Davenport There’s something about the start of the new year—even if we’re already a few weeks in—that makes it a motivating time to begin new initiatives, goals, and schedules. But is it really necessary? Here are two considerations to help you identify if it’s time to switch things up in 2022. 1. Did you have a seemingly good …

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4 Ways to Handle Real Estate’s Busy Summer Season

Blog Contributor Business Challenges 2 Comments

By Alex Craig It’s been a while since my last YPN Lounge post because I fell into the trap many of us are experiencing: the crazy busy spring and summer real estate season. At the core, I believe my failure was due to a lack of planning. I am personally looking at everything I do and I’m trying to prepare …

Aerial view of neighborhood.

How Will an Uptick in Foreclosures Affect Real Estate Markets?

Blog Contributor Business Challenges, Rental Properties 4 Comments

By Neil Goradia As of the first quarter of 2021, there were 33,699 properties with foreclosure filings in the U.S., according to ATTOM Data Solutions. That’s up 9% from the previous quarter, but down 78% from the first quarter of 2020—largely pre-pandemic. The rate of foreclosure in Colorado is less than 2%, which is historically low, however, for most of …

Top Producer Life: How to Take a Day Off

Blog Contributor Business Challenges, Work/Life Balance 7 Comments

By Jasen Edwards Why don’t mummies go on vacation? Because they’re afraid to unwind! Now, what about real estate agents? Why don’t they go on vacation, or even take time off regularly for that matter? Sadly, it’s because too many feel that like a mummy—if they relax, their business will unwind. I’ve spent more than two decades showing agents how …

Albuquerque’s New YPN Isn’t Letting the Pandemic Slow It Down

Blog Contributor Being a REALTOR®, Business Challenges, YPN Events 1 Comment

By Josh Price You might be surprised to know that the Greater Albuquerque Association of REALTORS® didn’t have a YPN before last fall. Because our group was just getting off the ground, we could have easily been derailed after the global pandemic hit the U.S. Instead, we adapted, and we’re now engaging with more members than ever. I wanted to …