The NAR settlement just flipped the real estate game on its head. But here's what most agents are missing: It's not a threat. It's an opportunity to innovate. In my 15+ years as a REALTOR®, I've seen changes come and go. This one's different. It's pushing us to evolve. How I'm adapting my business: 1. Embracing transparency Clients want clarity. I'm providing detailed breakdowns of my services and fees. 2. Leveraging technology AI-driven tools are helping me offer more personalized property recommendations. 3. Focusing on value-add services It's not just about transactions. I'm expanding my expertise in market analysis and negotiation. 4. Building stronger client relationships Trust is more crucial than ever. I'm doubling down on communication and education. 5. Exploring new business models Fixed fees and à la carte services are on the table. Flexibility is key. The agents who thrive will be those who adapt quickest. Are you ready for this new era of real estate? Share your thoughts below. How are you innovating in response to these changes? #RealEstateInnovation #NARSettlement #socialsonic
Michael Downer’s Post
More Relevant Posts
-
I know we are supposed to send a pitch deck and send it through the 10 million investor emails which we are in the process of creating and sending but I don't think you can ever go wrong just using the channels and opportunities in front of you. Probably still somewhat vague but why not? Closed mouths don't get fed and the squeaky wheel always gets the grease or somethinglike that 😂 so…. Attention Investors: The Real Estate Market is Ripe for Disruption! At Mac N Ash, we’re tackling one of the biggest challenges in real estate today: lack of transparency, control, and efficiency for both buyers and sellers. The traditional process is outdated, time-consuming, and often leaves clients feeling disconnected. The Solution? We’re developing a platform that puts the power back in the hands of buyers and sellers. With our app, clients gain: • Interactive AI to ask real-time questions about listings, • On-demand home access when agents are unavailable, • Instant offer-making and negotiations for pre-approved buyers. - Real time alerts on homes you are interested in. If home gets an offer you will be notified. Its time for a game-changer for an industry facing significant technological disruption! We’ve made incredible progress: • Our MVP is almost complete, • We have a patent in place, • Agents and clients are eager to join our platform. However, to reach the next level, we need a strong partner who can advise and guide us through this crucial stage. If you’re passionate about innovation in real estate and want to help us cross the finish line, we’d love to connect. Let’s revolutionize real estate—together. Message me and I will be happy to give more details on the entire project.
To view or add a comment, sign in
-
🏡🔄 Adaptability: The Key to Thriving in Real Estate 🏡🔄 In the ever-evolving world of real estate, staying adaptable is essential for success. Market shifts, lending changes, and technological advancements can transform the landscape overnight. 📉📈💻 Real estate agents, here’s why adaptability should be your superpower: 🔹 Market Changes: Stay ahead by understanding local trends and adjusting your strategies accordingly. 🔹 Lending Updates: Keep up with new lending regulations and opportunities to better serve your clients. 🔹 Tech Advancements: Embrace new tools and platforms to streamline operations and enhance client experiences. Being flexible and open to change allows you to seize new opportunities, overcome challenges with ease and stay ahead of the curve! 🚀✨ #RealtorGoals #realestatebusiness #RealEstateSuccess #realestatecoachingandtraining #realestatecoaching #realestatetrainer #realestatesalesgrowth #realestatetraining #realestatecoach #realestatetechnology
To view or add a comment, sign in
-
🏠 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆: 𝗔 𝗕𝗲𝘁𝘁𝗲𝗿 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝘁𝗵𝗮𝗻 𝗦𝘁𝗼𝗰𝗸𝘀? 📈 A recent National Association of Realtors (NAR) survey revealed that a staggering 82% of property buyers believe real estate is a sound investment, with 72% favouring it over stocks. While property has evolved from a place to live into a financialised investment asset class, the investment advice surrounding it often falls short. Last year, a concerning 60% of buyers felt they overpaid, and 30% faced large unforeseen expenses at closing. In cities like Toronto, a staggering 80% of new apartment rentals are cashflow negative. As property evolves, so too must property investment advice. That's why Properti Edge is building an AI Advisor to help people get better financial outcomes from property ownership. #propertyinvestment #realestate #finance #AI #fintech #investing #propertymarket #WealthTech #innovation #financialwellbeing #financialwellness
To view or add a comment, sign in
-
𝐑𝐢𝐬𝐞 𝐚𝐛𝐨𝐯𝐞 𝐭𝐡𝐞 𝐧𝐨𝐢𝐬𝐞 📢 With agents and the industry buzzing with questions about the future of real estate, it's time to focus on what truly matters: mastering LISTINGS! Six months ago, as our team prepared, my coaching was straightforward: we focus on unparalleled service and we drive listings. That advice hasn't changed. Why? Because it's the strategy that is working, not just in theory but in real, tangible results. The real estate terrain in 2024 will be unrecognizable from past years, and the game has absolutely changed. For agents willing to adapt, there's opportunity amidst all this upheaval. Let's talk about reality 👇🏻 Prospects Have Changed - The digital age has shifted the power dynamics in home buying. Prospects now believe they don't need us, armed with online listings and virtual tours at their fingertips. Do buyers believe your job is to open doors? Legislative Shifts - The foundation under our traditional MLS and commission structure is going to change drastically, and this change will redefine how agents operate ... for the better in many ways! The key? Be the best in your field and master the art of negotiation, not just in fees but in offering unparalleled value that clients can't find on their own. Evolving Technology - AI has swept through industries like a storm, transforming them overnight. Real estate is no exception. Staying ahead means not just adapting to new technologies but integrating them into our strategies to provide services that stand out in a crowded market. Resilience Adaptation Change While others worry - you should focus. Focus on how to provide VALUE to your clients in all areas, and dial in your listing mastery. Where do you stand with the changes ahead? While others are wondering what's next, where will you be? Are you ready to evolve, to lead, to succeed? What's your goal today? And more importantly, what's your coach and broker doing to help you achieve it? #RealEstate2024 #AdaptAndOvercome #TechSavvyAgent #LeadTheChange #FutureOfRealEstate #RealEstateMastery #ListingLeaders #TakeAction #RealResults
To view or add a comment, sign in
-
Real Estate 101 I have been studying real estate for the past 10 years. In that time, I have: - Connected clients with top agents - Simplified complex transactions - Empowered professionals with tools Want to do the same? Do these 3 tips: - Identify pain points, address them, and ensure success! 🌟 #RealEstateTips #Empowerment Unlock our free services. Share your thoughts below!
To view or add a comment, sign in
-
Dual agency, despite its challenges, could play a significant role in the future of real estate, beyond any potential impacts from the NAR settlement. Here are four reasons why: 1) Technological Integration: Advances in technology are reshaping real estate. Data-driven insights, AI, and automation are making it easier to provide balanced information to both buyers and sellers, which could reduce traditional conflicts in dual agency. 2) Market Dynamics: In competitive or fast-paced markets, dual agency can streamline transactions, benefiting both sellers eager to close deals and buyers navigating tough competition. 3) Consumer Preferences: Many clients appreciate the simplicity of working with a single agent or brokerage, especially when they have a trusted relationship with that professional. 4) Brokerage Models: Large, integrated real estate firms are increasingly offering comprehensive services — from buying and selling to financing. These firms often have the infrastructure to manage potential conflicts of interest more effectively. By understanding and navigating the complexities of dual agency, real estate professionals can better serve their clients and uphold their ethical standards. Embracing this evolving model could lead to a more efficient and transparent future for real estate transactions. What are your thoughts on the future of dual agency?
To view or add a comment, sign in
-
Is Real Broker (REAX) the Future of Real Estate Investing? 📈 After an inspiring, game-changing brokerage conference at Virgin Hotels Las Vegas, Real Broker showcased once again why it’s striving to lead a new era in real estate. With cutting-edge innovation and a fresh approach, REAX isn’t just competing; it's positioning itself as a leader in the next chapter of real estate. In a market dominated by giants like eXp World Holdings (EXPI), RE/MAX (RMAX), and Anywhere Real Estate (HOUS), The Real Brokerage Inc. (REAX) is emerging as a serious contender, with staggering 83.87% YoY revenue growth—outpacing industry trends and carving out a unique, forward-thinking position. Despite profitability challenges typical of growth-stage companies, REAX's positive free cash flow and 40.38% institutional ownership show strong confidence from investors. 📈 This type of backing is invaluable for a company breaking new ground in real estate services. Here’s the strategic upside: Real Brokerage (REAX) is harnessing breakthrough tech and financial tools to empower agents like never before. At the recent RISE conference, REAX unveiled #Leo CoPilot—an omnipresent AI that acts as a personalized command center, supporting agents with MLS data, document handling, and proactive insights. Leo transforms workflows, reducing dependency on support staff and paving the way for a modern, efficient brokerage model. Additionally, #RealWallet, REAX’s financial solution, merges fintech with real estate, enabling agents to manage earnings through an internal account with banking features like debit cards and retirement options. This initiative underscores REAX’s commitment to agent empowerment, giving agents the control to reinvest and thrive in their businesses. REAX is a forward-looking company blending real estate with AI and fintech—redefining the industry and helping agents succeed. #REAX #RealEstate #Investing #GrowthStocks #Innovation
To view or add a comment, sign in
-
Embrace the new era of real estate with advanced technology. With streamlined processes and reduced paperwork, you can provide a faster, smoother experience for your clients. Interested? Contact us! #HozoroMortgages #MadhusudhanReddyNMLS2434155 #EqualOpportunityLender
To view or add a comment, sign in
-
Proptech, or property technology, is all the tech tools real estate experts use to improve the way people buy, sell, research, and generally engage with real estate. For realtors, using email updates, SMS communications, online appointment scheduling, and offering virtual tours can make a word of a difference (indeed, recent surveys show that up to 20% of home buyers viewed their homes solely via a virtual tour before buying!). If you’re not already investing in the best tech-driven tools, it’s time to get started, and if you’re not sure where to start, we hope we can help point you in the right direction.👇
To view or add a comment, sign in
-
Real estate agents provide a unique advantage compared to automated online models by harnessing their deep understanding of local market dynamics. Learn more at https://lnkd.in/gka27qWj. #Real Estate #Investing #Sell My Property
To view or add a comment, sign in