Do you want to be the go-to real estate agent for investors in your area? Then, you need to become an expert negotiator. Mastering negotiation can increase profitability, whether your client… Read More

When surveyed, homeowners report they want a real estate agent to help negotiate and “deal” with buyers. Whether you are beginning the… Read More

A real estate license is required to participate in most real estate transactions. Most states require real estate professionals to apply for licensure, demonstrate aptitude by taking pre-li… Read More

The luxury real estate market operates on a different level than traditional residential real estate buying and selling. It’s a world where exclusivity, privacy, and lifes… Read More

A real estate agent facilitates the buying, selling, or renting of properties by guiding clients through the process, negotiating on their behalf, and ensuring a smooth transaction. Communic… Read More

Some of your clients may have an unrealistic view of what real estate agents do after watching real estate “reality” TV. They may view you as a â&e… Read More

As a buyer’s agent, it’s your job to get the best deal for your clients. One possible tactic is negotiating repairs after a home inspection. Itâ&e… Read More

Negotiating for the best price is one of the critical duties of a buyer’s agent. Of course, there’s more to the job than negotiating house prices. It&ac… Read More

Nebraska real estate commission rates average 5.71% of a property’s purchase price, based on a 2024 survey by FastExpert. This rate exceeds the U.S. average real estate co… Read More

Colibri Real Estate alumni Yankun Zhen was recently named a RISMedia Rookie of the Year award finalist. Zhen, an immigrant who was taught at an early age the importance of helping others, at… Read More

Colibri Real Estate alumni Colton Heffley was recently named a RISMedia Rookie of the Year award finalist. Heffley, a former professional hockey player, is a Nashville real estate agent who… Read More

The salary structure for real estate agents is unique. After all, everything in real estate is negotiable, from the commission split with your brokerage to the commission rate the client pay… Read More

The Federal Reserve enacted its first interest rate cut since the pandemic on September 18, 2024, slashing half a percentage point off benchmark rates—from 5.25% to 5.5% d… Read More

The average real estate commission rate in Maryland is 5.46% of a property’s purchase price, based on a 2024 survey by FastExpert. This is slightly lower than the U.S. ave… Read More

Multiple offers on a house are expected in a seller’s market. While you would think multiple offers might be great news for sellers and their agents, multiple offers can a… Read More

According to a 2024 survey by FastExpert, Florida’s real estate commission rates average 5.53% of a property’s purchase price, which is slightly below the U.S. average of 5.57%… Read More

Earnest money in real estate is like a deposit for a property. It’s different than a down payment. You may wonder, “Is earnest money refundable?” or “Who keeps earnes… Read More

As a real estate agent, your income is determined by your ability to negotiate and close the deal. To help you prepare for your career, we’ve put together some strategies… Read More

Please note that the term “principal” in real estate can be used in several different ways: The principal can refer to the party in a real estate transaction represented by an… Read More

You don’t necessarily have to possess a specific personality type, come from a particular background, or even have the same goals as the people around you to find success in real estat… Read More

There’s been a lot of noise about the real estate industry lately that may be distracting you from your real estate career goals. You may have seen headlines about lawsuits, settlement… Read More

Negotiation skills are not just an asset—they’re a necessity. This has always been true, as one of the crucial roles of real estate agents is negotiating on their client’s… Read More

Handling negotiations between buyers and sellers is a crucial role of a real estate agent. Whether you are representing the buyer or seller, it’s critical that you understand how selle… Read More

One of the central roles of a real estate agent is to teach clients about the process of buying and selling a home. Some of your clients will have been through the steps before – perha… Read More

Since the NAR lawsuit and settlement, the media has focused more on the real estate industry. Unfortunately, the additional press has muddied the waters, and people are more confused than ev… Read More

You’ll encounter many types of property ownership arrangements as a real estate agent. For example, you may be tasked with finding a vacation home for a group of friends –or a ho… Read More

Getting licensed as a real estate agent requires a background check. This shouldn’t be a surprise. As a real estate professional, you will have access to people’s homes when they… Read More

Most people don’t change jobs without knowing how much they will make in the new position. So, if you are considering a career pivot to real estate, you probably want to know how much… Read More

Would you like to work in the real estate industry but rather not be an agent? Or would you like to offer mortgage loan services in addition to real estate services to your clients? Become a… Read More

Your clients must understand how a Homeowners Association works if they wish to buy or sell property overseen by such an organization. While each HOA has its own regulations and methods of e… Read More

Are you looking for a real estate adjacent position because you like the industry but don’t want to work solely on commission? Why not consider working as a leasing agent? This blog wi… Read More

A probate sale in real estate occurs when a property is sold to settle a deceased person’s estate. Estate planning can avoid a probate sale, but that topic is not the focus of this blo… Read More

As a real estate agent, you will be responsible for explaining the home-buying and selling process to your clients. A title search is part of that process. What is a title search in real est… Read More

A fixed-rate mortgage is a property loan with an interest rate that remains constant throughout the loan’s term, ensuring stable and predictable monthly payments for the borrower. As a… Read More

Missouri real estate commission rates are an average of 5.79% of a property’s purchase price, according to a 2024 survey conducted by FastExpert. This is slightly higher than the avera… Read More

Arkansas real estate commission rates are an average of 5.72% of a property’s purchase price, according to a 2024 survey conducted by FastExpert. This is somewhat higher than the avera… Read More

Are you looking for real estate-related careers, but you don’t want to work solely on commission? Consider becoming a compliance officer. What Is a Compliance Officer? A complian… Read More

Louisiana real estate commission rates are an average of 5.2% of a property’s purchase price, according to a 2024 survey conducted by FastExpert. This is below the U.S. average real es… Read More

Do you want to learn how to start a rental property business? Starting such a business can be lucrative, providing a steady income stream and an opportunity for a long-term investment. Ho… Read More

Your clients will turn to you for advice on all things related to buying and selling real estate. Here’s what real estate agents need to understand about VA loans. We’ll answer t… Read More

Closing in real estate refers to the final step in a real estate transaction, where the ownership of the property is officially transferred from the seller to the buyer. All the necessary do… Read More

Beginning mid-August 2024, MLS participants will be required to enter into written agreements with buyers before showing a home. This means buyer’s agents must be prepared to have more… Read More

Not all licensed real estate agents and brokers work in residential and commercial sales. Some work behind the scenes at a brokerage or go into real estate marketing. Some work for lending i… Read More

Real estate commission rates have always been negotiable and will continue to be negotiable even after the terms of the NAR settlement are enacted in mid-August 2024. But how do you determin… Read More

As a beginning real estate agent, you may wonder if you should work for a discount brokerage. After all, building a client base as a new agent can be difficult. Discount real estate brokerag… Read More

Real estate commissions have always been negotiable. With that said, how can you command more money as a real estate agent? Here are some strategies for increasing real estate commissions… Read More

The NAR settlement will not directly cause REALTORS® to earn reduced commissions. Real estate commissions will continue to be negotiable and set by the marketplace. Colibri Real Estat… Read More

Real estate commissions have been under a microscope over the last few years. As a real estate agent, it’s crucial that you stay updated on the laws and regulations related to commissi… Read More

As a result of recent industry events, more buyers and sellers may ask you about negotiating commission rates. Of course, if you are an experienced real estate agent, you will have had this… Read More

If you’re looking to enter a new career related to real estate, consider becoming a property manager. People of all ages are choosing to rent instead of buying, so reliable property ma… Read More