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 Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
Reading and writing were my favorite classes when I began my humble beginnings in kindergarten. Both stayed with me throughout my life. When I learned a new buzzword called Blog in 2010, my ears perked. I was eager to begin on ActiveRain. The year I joined, in 2010, I signed up for RainCamp. Kerrie La Guardia was very instrumental in helping me to get started. She was also the first member I met in person at RainCamp in Houston! Next, I learned that entering AR Contests and Challenges was a lot easier for me to learn about what to write, because I wrote from my heart about my own experiences. However, I still had a lot to learn!For the December 2022 Challenge: A Guide For Blogging Success hosted by Jeff Dowler, CRS  and co-hosted by Brian England, I chose option number one:What can I do...
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By Stephen Fells, Marketing, Technology, Fun and News!
(AgencyLogic)
In the following short video, from the National Association of REALTORS YouTube channel, we learn what common legal issues should be addressed by real estate teams, and the brokers who supervise them, including state license laws, employment law, and business operations.
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By Rocky Dickerson, Superior Service!
(Realty One Group)
It was about 2 years ago when I first ran across Brian Traichel. It’s funny how that happens. Here was a man that worked in my real estate market after I had left it (the South Bay area of San Diego). He knew the people that I knew. We even admired some of the same folks. And yet it was a Zoom call that my company paid for where we met and Brian changed my usage of LinkedIn to boost my career. Now if you missed the Zoom call that he did for us Tuesday, you should definitely look him up here in ActiveRain and be sure to follow his blogs. I believe he may post a small article with some helpful tips that will really give you a great professional boost.  I could go on for hours, but I will give you these brief bullet points that you will gain if you reach out to Brian (or if you have your o...
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By Anna Banana Kruchten Phoenix Broker, 602-380-4886
(HomeSmart Real Estate BR030809000)
Go back....way back to 2006.  What the heck was blogging or a blog?  I had no idea. Albeit I have loved writing all my life, I was mystified as to why people where going bonkers over the idea of "Having A BLOG". Well, at that point a fellow broker suggested I join the ActiveRain Community. So I did.  And did pretty much ZERO for the first year or so. Yes, I too was one of those silent lurkers!  Then I hired an expert online marketer for our office to teach us the ins and outs of WHY we should all have a blog etc etc. She kicked me into high gear and since then I've never looked back. I was hooked!Fast forward to 2010 , a fellow broker from another state, gave me a phone call to tell me what she heard about me from an agent online! What?  You must be kidding?  He said what?  That doesn't...
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By Wanda Kubat-Nerdin - Wanda Can!, St. George Utah Area Residential Sales Agent
(Red Rock Real Estate Brokered by Real)
Success is an action word! Maintaining a real estate career in a changing market means grabbing the attention of consumers before the opposition does! Motivation plays a large part in being seen and heard in a saturated selling area. These things do help:1. Consistent methods - Create trust relationships with clients through dependability. 2. Follow through - Value other people's time, committing sincerely to the process.3. Effective preparation - Always be on the ready for questions on everything local. It takes much more than just going through the motions to get desired results. Positioning for success continues long lasting relationships, through an effective marketing plan, while gaining new business. To be seen and heard successfully. That is an end goal, right?
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By Realtyna Inc, WordPress Real Estate - IDX, RESO Web API, CRM
(Realtyna)
As a real estate agent, staying ahead of the curve and being up-to-date on the latest industry trends are essential. This not only allows you to serve your clients better but also allows you to stay ahead of the competition. The media landscape is constantly changing, and it can take time to keep up with the latest trends. However, following the industry trends is vital to stay on top of your game. Top 6 Real Estate Media Trends for 2023:Virtual Reality Is More FavoredOne of the significant technologies changing the real estate landscape today is Virtual Reality (VR). VR allows potential buyers to virtual tour a property and its location without physically visiting the space.It also allows real estate developers to present complex projects in an immersive and realistic view. It is an ex...
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By Grant Schneider, Your Coach Helping You Create Successful Outcomes
(Performance Development Strategies)
Time to do a goals and business plan review for 2023. There are headwinds coming. Check where you are now. Do you have the right people in the right jobs doing the right things for the right reasons? First, make certain you know the core competencies needed in the job. Depending on the role this could be anywhere from accountability for others to attention to detail or from conflict management to futuristic thinking.Many businesses have not done a good job of selection and they will have a difficult metrics and results-based measurements of skills, performance, and interpersonal skills when they find that they must pare back. High performing employees will result in helping your organization meet its goals and will promote your brand to your customers.Do what you can to retain your high...
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
Don't Just Make a Plan, Make an Action Plan for 2023 The internet is full of business planning templates that will allow you to make lofty goals. But, without a path that will lead you to achieve what you envision, it just isn't worth your time to do a business plan. Without the path, a business plan is just a list of dreams! Simply put, the path is the most important part. Without it, you really have no way of knowing if your goal is achievable - let alone how to achieve it. Your path, the one what will take you towards successfully reaching your goals, is a path that includes clear tasks and a timeline. Your path is your action plan. For example, imagine you injure your knee and have to go to a physical therapist. The therapist won't just do a consultation with you and then send you ...
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By Paul S. Henderson, REALTOR®, CRS, South Puget Sound Washington Agent/Broker!
(Fathom Realty Washington LLC)
Real Estate 101 12/1/2022 (Quotes to help & motivate you!)When you encourage others, you in the process are encouraged because you're making a commitment and difference in that person's life. Encouragement really does make a difference!Attributed to Zig ZiglarThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2022, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author...
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By Dawn Castell, Freelance home stager
(Freelancer)
Achieving success in the real estate industry is difficult for many reasons, but staying organized and motivated are two of the most tricky to maintain. After all, this industry requires you to be on call practically 24/7! The good news is that there are a few things you can do to stay organized and motivated as a realtor. Below, we've compiled five ways to stay on top of your game and conquer the real estate market. Develop multiple income streamsAny successful entrepreneur will first tell you to develop multiple income streams as early as possible. This is a common theme throughout many businesses. As a realtor, it's critical to have multiple income streams. This way, you're able to offset any losses that come from your business. It's important to remember that you're not entitled to ...
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By Sam Thomas, When it's important; hire a professional.
(Providence Group Realty)
You don't have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings. For example, according to the U.S. Environmental Protection Agency (EPA), you can save a couple of hundred dollars a year just by sealing your home and boosting its insulation.1 Other small fixes—such as swapping old light bulbs for LEDs and plugging electronics into a powerstrip—can boost your yearly savings enough to pay off some of your holiday budget.And thanks to a pandemic-era boom in online shopping, it is easier than ever to find deals on new and pre-owned furniture, thrifted gifts, DIY decor, and more. Even secondhand stalwarts like Goodwil...
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By Paul S. Henderson, REALTOR®, CRS, South Puget Sound Washington Agent/Broker!
(Fathom Realty Washington LLC)
Real Estate 101 11/30/2022 (Quotes to help & motivate you!)The person interested in success has to learn to view failure as a healthy, inevitable part of the process of getting to the top!Attributed to Joyce BrothersThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2022, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author...
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By Wanda Kubat-Nerdin - Wanda Can!, St. George Utah Area Residential Sales Agent
(Red Rock Real Estate Brokered by Real)
Expired Can Get You Fired! Agent lists a property early on Friday and then leaves town and cannot be reached by phone call, text message or email. Upon his return, there are 9 offers on the table and unfortunately, each of them have expired.  Not only did the listing agent fail to best represent the sellers to the highest ability, he quickly found out that he was fired. The nine other buyer agents also did not do their best to seek a viable solution for their clients.  None of them contacted the LA's brokerage or attempted to reach the sellers after that agent left town for 3 days. What would you have done to ensure that the client's offer had eyes on it before expiring?  First, I'd call the LA's brokerage, ask for the broker or the agent chosen to help in his absence. If no results, I'...
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By Wanda Kubat-Nerdin - Wanda Can!, St. George Utah Area Residential Sales Agent
(Red Rock Real Estate Brokered by Real)
Less Impressed with Highest & Best! Part of being an effective listing agent is to aggressively market properties, encouraging feet through the door to get them sold. Discussing details of any and all offers that may come in, is also a standard practice. A particular home hit on all marks for several buyers, resulting in a multi-offer situation. Agent and sellers started reviewing all contracts. Agent gets a call from a buyer agent, asking why their offer was not accepted. She  began to explain and suddenly the BA starts yelling, saying she is stupid, inept and that if she was smart, she would convince her clients to accept his buyers cash offer, which was well over list price plus a quick closing! The sellers heard the conversation, then asked which real estate purchase contract did th...
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By Paul S. Henderson, REALTOR®, CRS, South Puget Sound Washington Agent/Broker!
(Fathom Realty Washington LLC)
Real Estate 101 11/29/2022 (Quotes to help & motivate you!)In order to succeed, we must first believe that we can!Attributed to Nikos Kazantzakis Thank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2022, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
A Short Sale Completed in Waterbury ConnecticutWith the hot market of the past 2 years people have seemed unaware of their neighbors that have been in trouble with their mortgages. People have still been in trouble and life has not been the best for some. People still get sick; jobs are lost, and relationships may have been harder due to the Pandemic.One homeowner in Waterbury hit that perfect storm of problems, with a divorce and a lost revenue stream. Keeping up with the court ordered settlement funds left no room for paying the mortgage. There was an issue with the primary mortgage under water as well as a secondary HUD note from a previous loan modification.With the acceptance of the short sale, the seller was relieved of both notes with a waiver of deficiency for all obligations. T...
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By Peter Mohylsky
(PMI. Destin)
You can crust in me!When it comes to finding the home of your dreams, all you knead is the right agent to help you keep your eyes on the pies.Give me a call so we can bake the most of your home buying experience! #thehelpfulagent #home #houseexpert #house #listreports #thanksgiving #pie #icanhelp #realestate #realtor #realestateagent #happyhome #happyhomeowners #househunting
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
At this point everyone knows not to fall for the email from a Nigerian prince promising to share his fortune with you if you just send him your banking information. After all, that scam has been around almost as long as the Internet has existed, and most people have seen it at least once!But people don’t buy or sell a house all that often, so real estate scams and shams can be easy to miss to the untrained eye.So let’s take a look at 5 things you should be leery of as a homebuyer or seller that may be an outright scam, or just something that’s not quite as promising as it may appear to be, so you know what to look for and can avoid them. 1) Asking you to wire escrow or closing cost moneyWhen you buy or sell a house, there’s a good chance that a title company or attorney will be handling...
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By Team Sapphire Mahesh and Rakhee Khatri, Your friends in real estate
( Sapphire Real Estate, Brokerage )
According to this Housing Wire article, 75% of people recently polled by Fannie Mae felt pessimistic about the real estate market, and that it’s not a good time to buy a house. So, if you’re among the many who feel that way, and you’re thinking about holding off for prices to come down, you’re not alone.Considering that interest rates are up and prices haven’t dropped as much as buyers would like, it isn’t surprising to hear that news. Some marginally qualified potential homebuyers have legitimately been priced out of the market. But many others are simply being cautious, not wanting to make a mistake by buying in this market, especially when so many other buyers don’t seem to think it’s a good time to buy.But that still leaves 25% of people who don’t think it’s a bad time to buy real e...
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By Team Sapphire Mahesh and Rakhee Khatri, Your friends in real estate
( Sapphire Real Estate, Brokerage )
At this point everyone knows not to fall for the email from a Nigerian prince promising to share his fortune with you if you just send him your banking information. After all, that scam has been around almost as long as the Internet has existed, and most people have seen it at least once!But people don’t buy or sell a house all that often, so real estate scams and shams can be easy to miss to the untrained eye.So let’s take a look at 5 things you should be leery of as a homebuyer or seller that may be an outright scam, or just something that’s not quite as promising as it may appear to be, so you know what to look for and can avoid them.1) Asking you to wire escrow or closing cost moneyWhen you buy or sell a house, there’s a good chance that a title company or attorney will be handling ...
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