Building stability as a real estate agent requires adaptability, relationship-building, and continuous professional development. Diversifying services across buyers, sellers, rentals, property management, and commercial real estate creates multiple income streams. Staying informed on industry trends and leveraging technology enhances client trust and efficiency. Engaging with communities and professional...
Slide 1: Home builders are designing new homes to balance affordability and modern buyer needs. Slide 2: Newly built homes are often priced at or below existing homes. Slide 3: Since 2022, median new-home prices dropped about 5%, narrowing the gap with older homes. Slide 4: Many builders offer incentives or price cuts to attract buyers. Slide...
BBG’s 2026 survey shows strong optimism, with over 97% of investors positive on seniors housing. Cap rates are expected to stay flat or compress, signaling improving market conditions. Rental rates are projected to rise across all property types, supporting revenue growth. Active adult housing leads occupancy, while skilled nursing lags behind. Most investors...
US new listings ↑0.5% yearly in the four weeks ending March 8, first ↑ since November. Mortgage rates dipped to 6%, pushing the median monthly payment ↓3.2% yearly to $2,611. Pending sales ↓1.3% yearly, while mortgage-purchase applications ↑8% week over week. More sellers than buyers gives buyers leverage, but more listings and lower payments could...
Team-based real estate agents offer greater consistency than solo agents by dividing responsibilities among specialists, ensuring focused attention on each task. Standardized systems and shared technology maintain quality and seamless communication. Collective experience allows quick problem-solving, resulting in a smooth, reliable process and high-quality client service that solo agents often cannot...
Continuous professional development is vital for real estate agents to succeed in a competitive industry. Beyond mandatory continuing education, obtaining specialized certifications and attending industry events enhance knowledge and adaptability. Developing strong interpersonal skills, seeking feedback, and networking improve client relations. Embracing technology like CRM systems and virtual tours...
The real estate industry has shifted away from traditional, long-term training programs, expecting graduates to arrive with specialized skills. Major firms have outsourced talent development, creating challenges for entry-level professionals who lack broad exposure. DePaul University's Real Estate Center is addressing this by developing standardized, scalable internship models for smaller firms to...
February sales hit 4.09 million annual pace, helped by slightly lower mortgage rates and modest price easing. Sales were ↓1.4% yearly; inventory ↑4.9% yearly to 1.29 million Median existing-home price was $398,000, ↑0.3% yearly NAR warned limited supply could push prices ↑ if demand outpaces inventory Housing Affordability Index ↑ to 117.6; economists...
Nevada housing costs surged, losing its reputation for affordability. Las Vegas investors own ~11% of single-family rentals, far above ~3% nationally. Resale home prices jumped 53% since 2019, worsening affordability challenges. Officials propose banning rent algorithms and expanding land for housing supply. Rising population and investor activity...
Las Vegas ranks top 10 for “accidental landlords” renting unsold homes. Accidental landlords are homeowners converting listed-for-sale homes into rentals. The study analyzed homes once for sale now on the rental market. About 3% of Las Vegas listings shifted from sale to rental. More homeowners are choosing renting over selling, creating a notable...