Your 2021 Real Estate Business Plan

Blog Contributor Establishing Your Business, Helpful Tools, Managing Your Agents 8 Comments

By Tim and Julie Harris Key Takeaways: Tools to develop an actionable business plan. How to find the magic number you need to realize your business goals. A free download of our Real Estate Treasure Map.   Your 2021 real estate business plan should be all about the numbers—in other words, the revenue you’ll need for your business to be …

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The Pros and Cons of a Real Estate Office

Blog Contributor Business Challenges, Managing Your Office 4 Comments

By Ryan Fitzgerald Last month, Lee Nelson wrote a great article for REALTOR® Magazine on how to build office culture in a virtual world, and it made me wonder…is a physical real estate office still necessary in 2017? So, I decided to dive into the pros and cons of having a physical real estate office. Let’s Start With The Pros: …

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Finding Value in Your Business

Blog Contributor Business Challenges, REALTOR® Finances Leave a Comment

By Melissa Krchnak We often get asked, “What’s the return on investment on this or that?” And most times, we can quantify our answer. Although if it’s about Facebook, we might respond the way Gary Vaynerchuk would: “What’s the ROI of your mother?” But do you know the difference between something being an expense versus asking about its ROI? As …

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The Additional Expenses of Buying a HUD Foreclosure

Blog Contributor Business Challenges, Short Sales & Foreclosures 5 Comments

By Lynn Minnick Although I’ve been in real estate for 10 years now, I just closed on my first HUD foreclosure.  We haven’t had that many in my market (yet!) and so far I’ve somehow managed to avoid them.  I almost fell out of my chair at the closing when the HUD attorney handed me a survey to complete regarding …

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Hocus Pocus Focus: Use Caution in Your Business

Blog Contributor Risk Management, Sales & Marketing 2 Comments

By Jeremy Williams After receiving a multitude of sales calls this week from various vendors across the nation, I came up with the new phrase “hocus pocus focus.” Normally I would hang up the phone with one of these sales representatives after politely saying that I am not interested at this time. But this week I listened to their pitches. …