Improving Your Business

Stories, articles and advice aimed at improving your business

Three ways real estate is getting smarter

DLA Piper’s Global Real Estate Summit examines ways in which technology is disrupting the market.

The do’s and don’ts of virtual staging

More than 90 percent of homebuyers are viewing their next home online and in some cases 20 to 35 percent of these buyers are making an offer without even stepping foot into the home according to a recent Redfin

What your lawyer wishes you knew about real estate auctions

  Auctions have changed a great deal in the last decade. Do you know what you need to know to represent your clients in this environment? Bob Floss II, real estate attorney at Floss Law, LLC in Northbrook, IL,

This twist on 1031 exchanges opens opportunities

How many times have you had a client who would love to list their property with you, but they don’t because they know they will have to pay Uncle Sam a huge capital gains tax – sometimes upwards of

How auctioneers spotlight sellers’ assets

Think about the word “auction.” What’s the first thing that comes to mind? If it’s an event – a sale where an auctioneer is selling items – that was correct decades ago. Today, that’s just one piece of the

More existing homes include smart tech upgrades

The remodeling industry can expect major growth in incorporating devices into homes that enable remote control and the ability to monitor household systems, according to survey findings from the Joint Center for Housing Studies at Harvard University. That means

4 things agents can do to sell more investment properties

Most first-time homeowners follow the traditional home-buying cycle—they purchase a condo or house, and a few years later, they sell it and purchase a bigger home that they live in for decades. Even if they have a great experience

Most consumers would wait up to 3 months before cutting the price on their home

Home prices across the U.S. have been rising faster than inflation and average wages for several consecutive years, although in some cases, that trend is beginning to slow or even reverse. That may be due to homeowners getting more

Zillow home value estimate adds new AI capabilities

Zillow’s trademark “Zestimate” feature, which lets homeowners and prospective buyers see the estimated value of almost any residence, has been upgraded to incorporate artificial intelligence and machine learning capabilities that the company says will improve accuracy. According to a

Industry veterans share wisdom from managing brokers

The wise real estate professional takes notes when their managing broker comes to them with advice. We recently asked our readers via social media to tell us their favorite pieces of advice from managing brokers over their careers. •Lane

Dotting your I’s and crossing your T’s: avoiding issues after closing

There is a recipe for disaster involving agents, buyers, and sellers that every agent aims to avoid. Chicago Real Estate Attorney and first-time homebuyer instructor Ranj Mohip calls it “Post-Close Nightmares.” When the seller doesn’t disclose history, the buyer

Balancing business health with mental health

While so much of being a successful agent relies on doing whatever it takes to see a client through to closing, few agents take into consideration their own limitations. The Chicago Association of Realtors hosted two speakers May 9

How to make the most out of networking events

Beth Butler has been working in the real estate industry for many years. And even as President of Compass Miami with more than 500 agents, she still takes the time to attend a variety of networking events each month.

People first, then tech

Last month, Chicago-based brokerage @properties embarked on its first venture outside of the Midwest when it announced a partnership with Ansley Atlanta. The independent brokerage will license its end-to-end technology suite, called Pl@tform, as well as buy into a

The path to painless tech integration

Almost every aspect of our lives has been transformed by technology. Advancements in virtual reality, blockchain, artificial intelligence and other new technologies have raised the bar on consumer expectations. If you’re tempted to dismiss those developments as being unrelated

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Facebook: Marketing friend or foe?

Social media experts and real estate agents share ideas for how to use the platform for generating business in an era of declining trust.

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