2017

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How to Sell a House to a Family Member: Tax Implications and Experts You Should Hire

Realtor.com

MarsBars/iStock If you’re wondering how to sell a house to a family member, first, a bit of congratulations are in order. You’ve found a buyer! The most strenuous part of the home-selling process is already over. So now what? How do you actually sell a piece of real estate to a member of your family? To hire—or not hire—a real estate agent.

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Downfalls of the Real Estate ISA (And How to Avoid Them)

Boom Town

The ISA role can skyrocket productivity and help your team generate more leads, schedule more appointments and free up agents to focus on their core business. That is, if you hire the right person for the job and if you have the right onboarding, training, technology, expectations and processes in place. It can be daunting! But, here are the top 5 potential downfalls for the ISA role and how you and your business can prevent them. .

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Bloomberg TV - Housing Related Issues in Final Version of the Tax Cut and Jobs Act of 2017

Miller Samuel INC

Today I joined Joe Weisenthal and Julie Hyman on Bloomberg TV's " Bloomberg Markets " for a discussion on the impact to the U.S. Housing Market in the aftermath of the new Tax Cut and Jobs Act of 2017 that was signed into law by the president on December 22, 2017. Here are about 2 minutes of the 5-minute interview: Back on December 14, 2017 , I provided a summary of the proposed tax bill comparing the House and Senate versions.

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Inside Real Estate Acquires BrokerSumo

Inside Real Estate

Inside Real Estate announced today the acquisition of BrokerSumo, a Commission Management cloud software provider to real estate brokers. BrokerSumo’s […]. The post Inside Real Estate Acquires BrokerSumo appeared first on Inside Real Estate | Lead Generation + Websites + CRM + Reporting + Powerful Performance.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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How To Get A Mortgage For A Rental Property

Real Estate Finance HQ

Getting a mortgage for a rental property can be very different from getting a mortgage for a personal residence. The first time I got a rental property under contract, everybody told me: “we don’t do mortgages for non-owner occupied residential houses.” The very first thing you need to do when evaluating financing for your rental property is decide if you are going to buy the property in your personal name or in an LLC or Corporate name.

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The Rise of the Mid-Tier Investor

Patch of Land

As the single-family rental market matures, we are seeing some interesting trends. One that we find especially interesting is the growth of the middle tier — real estate investors whose property holdings are larger than the small investors that own one or maybe just a few buy-and-hold investment properties but are still much smaller than institutional investors.

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How Long Does It Take to Get a Mortgage? Longer Than You Might Think

Realtor.com

Marrypopins/iStock In the age of same-day delivery and smartphones, we’re used to rapid wish fulfillment. With a few clicks and taps, and within hours, a drone drops a package on your porch. But when it comes to getting a mortgage, that’s just not how things work. So how long does it take to get a mortgage? Probably longer than you think. “Today’s mortgage process is very involved, particularly with regard to the documentation required, third-party verifications, and the independent appraisal pr

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Adam Hergenrother // Hergenrother Realty Group

Boom Town

Hergenrother Realty Group is one of the biggest expansion teams within Keller Williams, with 19 teams in 16 states. In 2006, Adam Hergenrother borrowed $8,000 for a small office space to begin his career in real estate. A little over a decade later, he owns 5 businesses and manages multiple real estate offices across the continental U.S. For Adam, expanding his business has always been about creating something bigger than himself.

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NY1 TV, 'Mornings On 1' with Pat Kiernan

Miller Samuel INC

Yesterday I joined Pat Kiernan on NY1's Mornings on 1 show to talk about the proposed tax GOP tax bills agree to by the House and the Senate. Pat is a local broadcasting legend so it was great to actually meet him in person. Later that day a couple of sticking points separating the two versions of the bills were addressed in the congressional committee.

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How the GOP Tax Bill Might Impact U.S. Residential Real Estate

Miller Samuel INC

[UPDATE: The impact of the tax bill changed after it came out of committee and became law on December 22nd, 2017. See an updated tax law impact summary here.]. Both houses of Congress have passed far-reaching tax bills with a lot of common ground between them. The U.S. Senate and U.S. House of Representatives are in the process of merging their versions into a single bill that will be voted on, and if it gets out of committee, it will be submitted to the president for signing.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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How to Leverage Marketing Automation: The Gift that Keeps on Giving

Boom Town

The best marketing campaign reaches the right people at the right time, with the right information on the right device. But how on earth is it possible to scale this type of service? With an intelligent CRM and automated marketing capabilities. An organized, predictive CRM will sort and segment contacts by intent and relevance, act as a central command center that helps you build, execute, and track your marketing strategies.

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5 keys to winning at lead-gen as a brokerage

Inside Real Estate

This article was originally posted on inman.com Running a cost-effective lead-generation program is as difficult as anything else brokers will […]. The post 5 keys to winning at lead-gen as a brokerage appeared first on Inside Real Estate | Lead Generation + Websites + CRM + Reporting + Powerful Performance.

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Olivia Cooley // The Olivia Cooley Group

Boom Town

When Olivia Cooley entered the real estate space, she knew that she didn’t want to just sell houses. She wanted to start a business, empower a team, and be the best. When she combined those goals with the right system, she created a team that reached over 400 follow-ups a day, ranked in the top 2% of Keller Williams worldwide, and doubled their volume in 2017.

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Your Leads Don’t Suck, but your Long-Game Nurture Plan Might

Boom Town

Ah, instant gratification. 2-day free shipping, push a button and your cab arrives, binge-watch your favorite shows whenever you choose. We humans are hardwired to enjoy the quick win and the low hanging fruit. But it doesn’t have to be so difficult to work on your long game. At least as far as your lead nurturing goes. Technology has hacked most of the inconveniences in delays in our lives, and now it can help you nurture those buyers and sellers who are far out in the process too.

Agents 40
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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One57 Flip Analysis From Manhattan's Peak New Development

Miller Samuel INC

For those of you that read my weekly Housing Notes , you'll know I refer to 2014 as "Peak New Development" for the Manhattan housing market. "Peak Luxury" works as a label too. Bloomberg news broke the story that a $50M+ condo purchased in 2014 just sold at a foreclosure auction for $36,000,0000. There were five bidders. It's been the fourth resale since the market peaked and the sixth overall - so I created a graphic of all the resales to show how they fared before and after the 2014 "peak.".

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Real Estate Software Market Innovators Strike Powerful Partnership

Inside Real Estate

Inside Real Estate today announced an exclusive partnership with the fastest growing real estate networking portal to ever enter the […]. The post Real Estate Software Market Innovators Strike Powerful Partnership appeared first on Inside Real Estate | Lead Generation + Websites + CRM + Reporting + Powerful Performance.

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Gain A Massive Competitive Advantage with a Modern Real Estate CRM

Inside Real Estate

This article was originally posted on inman.com No real estate agent will disagree that the industry has become hyper-competitive. In […]. The post Gain A Massive Competitive Advantage with a Modern Real Estate CRM appeared first on Inside Real Estate | Lead Generation + Websites + CRM + Reporting + Powerful Performance.

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5 Top Web Communities for Generating Real Estate Leads

Boom Town

Real estate agents are always searching for innovative ways to widen their nets and capture more leads. Online forums and web communities offer incredible opportunities to widen your network and generate leads. Online communities give you a platform to establish your authority as the go-to local real estate agent. In this article, we’ll show you how to actually add value for potential clients in forums and web communities, and enhance your brand.

Agents 40
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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How to ‘Day Trade Attention’ with your CRM the Gary Vee Way

Boom Town

Attention is an increasingly scarce commodity. People are exposed to something like 5,000 marketing messages every day?—?up from 2,000 a day three decades ago. The buying and selling of attention?—?or what Gary Vaynerchuk calls “day trading attention”?—?can be summarized as how to earn people’s time. So when you’re trying to help your real estate business stand out to your prospects, how do you capture their attention and separate yourself from all the noise?

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5 Ways BoomTown Websites Convert Real Estate Leads

Boom Town

If you’ve had the same website for the past ten years, you probably don’t know that you have the potential to be converting visitors at a higher rate. These days, it’s not enough to simply have a website. You need to have a good website that people like to use and spend time on. Our teams at BoomTown have spent a lot of time and research to ensure that our clients’ websites are designed to attract and built to convert.

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Explainer: Overall Median Sales Price Submarket Changes May Not Fall In Range

Miller Samuel INC

This title is way too wonky but I found it hard to pare down. It's easier to explain visually. When I complete my research for Douglas Elliman in a particular housing market and the percent change in the overall median sales price doesn't fall within the individual submarkets like averages do, I periodically receive inquiries from media outlets or real estate professionals to clarify.

Sales 40
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Why Steve Harney Suggests You Connect the Dots

Boom Town

Confidence and security. Despite all the data and reasoning, it’s the emotions that help us settle on a decision. Homebuyers want to feel secure in their purchase. Sellers want to feel confident their agent can take care of business. In today’s video, Steve Harney discusses how to make clients feel confident and secure in their decisions — by connecting the dots for them.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

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How to Handle Conflict with Your Real Estate Clients

Boom Town

Can’t we all just get along? Most people get into real estate because they love building relationships. Despite incredible technological innovations, it’s still a belly-to-belly people business. But, when you’re working with people in high-stakes stressful situations like buying or selling a home, emotions can run high and real estate conflicts are bound to occur.

Agents 40
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How to Break the Limits on Performance

Boom Town

It doesn’t matter if you’re just starting out or have dozens of deals under your belt. Every real estate professional will come to a point in their business where they hit a ceiling they can’t seem to crack. What do you do when you reach this point? How have other successful brokers and team leaders overcome this plateau to continue achieving higher numbers?

Agents 40
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3 Essential Tools That Will 10X Your Real Estate Marketing

Inside Real Estate

This article was originally posted on inman.com Spraying your message high and wide does not breed online marketing success; rather, […]. The post 3 Essential Tools That Will 10X Your Real Estate Marketing appeared first on Inside Real Estate | Lead Generation + Websites + CRM + Reporting + Powerful Performance.

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Negotiating Skills Every Agent Needs Before Their First Deal

Boom Town

As technology and web portals make housing information more accessible to the public, real estate agents find themselves needing to step up their game in order to provide real value for their clients. Show your clients that being a good real estate agent is more than just finding the right house or creating a listing. People hire real estate agents for the skills and information they themselves lack, such as in-depth local knowledge, insights on market trends, and negotiation skills.

Agents 40
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

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On Bloomberg TV: What'd You Miss? 10-5-2017

Miller Samuel INC

I had a fun conversation on Bloomberg Television with Scarlet Fu, Joe Weisenthal and Julia Chatterley. We were discussing the results of our research behind the Elliman Report: Manhattan Sales 3Q17 that was just released. Here is the Bloomberg story on the report results. Here's a portion of the interview. If you'd like to see the whole segment, my interview starts at the 48:40 mark although I really like the format and the hosts so you might want to watch the whole show.

Sales 40
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Inside Real Estate Expands Integrations on Its “kvCORE Platform”

Inside Real Estate

(September 29, 2017) – Inside Real Estate is excited to announce expanded integrations for its Kunversion platform along with its […]. The post Inside Real Estate Expands Integrations on Its “kvCORE Platform” appeared first on Inside Real Estate | Lead Generation + Websites + CRM + Reporting + Powerful Performance.

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How to Clean and Organize your CRM Database

Boom Town

If you can’t navigate your contacts and work your database quickly and easily, you’re wasting opportunities. It’s easy to let database maintenance slip when your attention is focused on more immediate business, but with the right mentality and tools, even the largest and most overwhelming situation can be turned into a pool of potential. BoomTown’s Guide to Database Glory.

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Tommy Mack // Coastal Collection Real Estate

Boom Town

Problems In Paradise. Tommy Mack was facing an interesting dilemma. Tommy has been in real estate for about five years and is the broker of Coastal Collection Real Estate in Key West, Florida. In this unique market, most of his leads are second-home, luxury, and vacation homebuyers, and aren’t looking to buy a home for another 2-5 years. How do you deal with leads who won’t be ready to buy for another few years?

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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.