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

Tennessee real estate commission rates are an average of 5.8% of the purchase price, according to a 2024 survey conducted by FastExpert. This is slightly higher than the average real estate… 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

Just as builders carefully follow blueprints when constructing a home, new real estate agents must carefully examine every step they take when building their careers. One of the steps to bec… Read More

As a real estate agent, you know the value of your work – and you know how hard you work. Nevertheless, you may often have to explain real estate agent benefits to clients in order to… Read More

Your real estate client is interested in buying a house in foreclosure. Here’s how the foreclosure process typically works and the challenges of buying a foreclosed home. Finally, we w… Read More

When surveyed, homeowners report they want a real estate agent who can help negotiate and “deal” with buyers. Whether you are beginning the licensing process or have been an acti… 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 knowing how to negotiate house prices. However, you can s… Read More

There’s a lot of uncertainty about how the recently proposed National Association of REALTORS® (NAR) settlement will affect the typical REALTOR percentage commission structure. Wil… Read More

Much has been written about potential real estate commission changes following the proposed National Association of REALTORS® (NAR) lawsuit settlement. If you are interested in entering… Read More

Are you looking to attract new talent to your brokerage? If so, you’ll want to make sure your organization stands out. When seeking new opportunities, the first place a potential new h… Read More

Are you new to the career world and considering a job in real estate? Or maybe you’re a seasoned professional with years of work experience simply looking for a fresh start. Regardl… Read More

It’s no secret that real estate is a highly competitive field. Whether vying for clients, applying to a new position, or advancing your career, staying ahead of the curve and standing… Read More

It’s no secret that the real estate industry is competitive. With multiple agents vying for the same opportunities to represent a specific client or property, you may wonder, ‘Ho… Read More

Before we discuss building relationships in real estate, we want to emphasize that relationship building should not simply be a business strategy because real estate is more than a business… Read More

Whether you are a prospective real estate agent learning the ropes of the real estate business or a prospective homeowner looking to hire an agent or broker, understanding some of the indust… Read More

Real estate can be a highly competitive industry, where success often hinges on your ability to stand out and establish a strong presence in your market. But how do you establish a dominant… Read More

Investing in real estate can be one of the most lucrative decisions you make. With 2024 shaping up to be a dynamic year for the market, identifying the best locations to invest is crucial fo… Read More

Everyone learns differently. Some prefer to learn by reading written text, while others retain more information when they hear it. However, many do best when materials are simultaneously del… Read More

Are you ready to take your real estate career to the next level? Marketing is a crucial element in growing your real estate business. With the right strategies, you can attract more clients… Read More

You probably have a mile-long to-do list if you are just getting started in real estate. However, it’s important that you block out some time each week to work on your social media pre… 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

If you’re looking at earning your real estate license and starting a career in real estate, you’re probably wondering just how commissions for real estate agents work. Though com… 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 to help you n… Read More

Writing a real estate blog is an excellent way for real estate professionals to build their brands and engage with local audiences. Blogging has become increasingly accessible due to online… Read More

Are you considering a career in real estate? If you live in one of the cities listed below, fast-track your plans to earn your real estate license. The following ten communities have been na… Read More

When it comes to building and growing your real estate business, marketing is essential—marketing your brand, marketing your listings, and marketing yourself. Each of these real estate… Read More

Does your home have to look like one featured in House Beautiful to find a buyer? Of course not – but a well-staged home may sell faster and for a higher price. The idea behind home st… Read More

Congratulations! If you are reading this, we assume you’ve passed your real estate exam! (or are close to passing!) As a new addition to the extensive network of real estate profession… Read More

Well-crafted emails generate an average return on investment that is significantly higher than most other real estate marketing channels. According to Fit Small Business, emails generate $36… Read More

Most real estate agents are self-employed or independent contractors. This affects how taxes are paid – and how much is owed.  If you’re in real estate, it’s helpfu… Read More

Are you passionate about real estate but unsure how to kickstart your career in this dynamic industry? Look no further than Colibri Real Estate, your online real estate education provider.&n… Read More

Real estate agents need to stay on top of the latest home design trends – especially regarding kitchens. Stay abreast of innovative materials, systems, and products that allow homeowne… Read More

An open house is a standard part of a successful real estate marketing plan. To stand out from the pack, consider these eight easy and inexpensive tips that can make a tremendous difference… Read More

This blog series attempts to break down the recently proposed NAR settlement and its impact on the industry. In this article, we provided background information on the case that led to the s… Read More

The proposed NAR settlement has indeed brought changes to the real estate industry, but it’s important to understand that real estate commissions have always been (and will continue to… Read More

You may have seen recent headlines about the National Association of REALTORS® (NAR) lawsuit and proposed settlement. If you are considering a career in real estate, you may wonder how t… Read More

Real estate agents need to make the most of their social media accounts —including Instagram—to market to potential clients. If you need inspiration regarding how to use Instagra… Read More

If you are considering becoming a real estate agent or broker, you’ll likely benefit from using a good real estate CRM, or customer relationship management software, to help you manage… Read More

If you are like most real estate agents, your income is commission-based, which means it varies from month to month. Therefore, budgeting is a crucial skill to develop to stay afloat. Here a… Read More

There are many ways people make money in real estate. If you have a lot of contacts interested in investment properties, consider becoming a real estate wholesaler. But what is a wholesaler… Read More

In today’s digital age, online education has revolutionized how people learn, and real estate education is no exception. Online real estate classes offer flexibility, accessibility, an… Read More

Considering delving into real estate as a side hustle or a part-time gig? The allure of a part-time real estate agent income is undoubtedly a pivotal aspect of your decision-making process… Read More

Are you ready to take the exciting leap into homeownership? Buying your first home is a monumental milestone that marks a significant step towards independence and stability. However, naviga… Read More

Deciding between pursuing a college degree or diving into a career in real estate can be a daunting choice for many looking to enter the field. While higher education offers valuable knowled… Read More

According to a National Association of REALTOR’s report, 9% of homebuyers in 2023 were unmarried couples, while 59% were married. This is the lowest share of married couples since 2010… Read More

Homeowners sometimes turn to real estate agents for advice on home renovations – especially on large projects like flooring. If they know they will sell their homes in a few years, hom… Read More

Property flipping, or house flipping as some people call it, can be a lucrative way to earn money in real estate—if it’s done right. Want to get started in property flipping? Her… Read More

Having a professional, user-friendly, informative website is critical for your real estate business. After all, your website is often the first interaction a client has with you. But buildin… Read More

In many markets, the model of the lone real estate agent has given way to a team-oriented approach. Once you become a real estate agent, you may be on the fence about working with a real est… Read More

What is a typical day for a real estate agent? This is a difficult question because every day brings new challenges, tasks, and people. One day, you might negotiate a contract with internati… Read More

Writing a winning real estate listing can make all the difference in attracting potential buyers. The strength of your listing lies in its ability to showcase the benefits of the property, h… Read More

As a new agent, you can’t just count on referrals, word-of-mouth, and marketing and promotional efforts. To get your real estate business rolling, you’ll need fresh real estate p… Read More

Real estate is a competitive industry. You must learn how to set yourself apart from other agents in your community to win real estate listings. Of course, taking continuing education course… Read More

Since most people in the real estate industry work entirely on commission, becoming a real estate agent requires a leap of faith. That’s why some agents may choose to test the waters b… Read More

Are you a real estate agent looking to make a splash in the industry? The key might just be finding your niche. In a field as vast and varied as real estate, specializing in a particular are… Read More

You may have been thinking about a career in real estate for a long time. After all, it’s an exciting and rewarding industry that offers excellent income opportunities and flexibility… Read More

A lien in real estate refers to a legal claim a creditor has over a property as security for the repayment of a debt. Are you still confused? Keep reading, and we will help you understand &l… Read More

You know you must take a proctored exam to become a real estate agent in your state. What is the meaning of proctored? A proctor is a person who monitors students during an examination. They… Read More

A lease is a contractual agreement between a landlord (the property owner or lessor) and a tenant (the renter or lessee) granting the tenant the right to use the property for a specified per… Read More

A deed is a legal document that transfers the ownership interest of a property. Here’s what you need to know about these critical documents and how they are used during a real estate t… Read More

The debt-to-income ratio in real estate is a financial metric lenders use to assess a borrower’s ability to manage monthly loan payments. Keep reading to learn how a debt-to-income rat… Read More

An adjustable-rate mortgage (ARM) is a type of mortgage loan in which the interest rate may change periodically over the life of the loan.  Let’s dive deeper into adjustable-rate… Read More

Are you planning to switch to a real estate career this year? If so, it’s a great plan with a lot of options. Besides working as a real estate agent, you could also become a home inspe… Read More

How difficult is it to get a real estate license? The difficulty of obtaining a real estate license varies depending on your state – and other factors. Generally, the real estate licen… Read More

Alabama real estate commission rates are around 5.52%, according to an August-September 2023 survey conducted by FastExpert. (The national average real estate commission rate is 5.57%.) Usin… Read More

Idaho real estate commission rates average 5.69%, according to 2023 data gathered by FastExpert. (The national average real estate commission is 5.57%.) But what does that mean for som… Read More

South Carolina real estate commission rates are around 5.94%, according to a survey conducted by FastExpert. This is higher than the national average real estate commission rate of 5.57%. Us… Read More

A real estate salesperson is a licensed professional who helps clients buy or sell properties. While this describes the career in a nutshell, a real estate agent’s job is multi-faceted… Read More

No matter what stats you look at, most real estate agents work part-time – while still bringing in excellent commissions. However, there’s certainly a benefit to working over 40… Read More

Both the Consumer Protection Notice and the Seller’s Disclosure Notice have been updated by the 88th Texas Legislature. These changes affect real estate brokers, agents, inspectors, ea… Read More

Becoming a broker gives you more independence, earning potential, and leadership opportunities. In addition, you can open your own brokerage. Here are some tips on how to start a real estate… Read More

A hard money loan is a loan that is primarily used for real estate transactions. A hard money loan differs from a traditional mortgage in that the loan terms are short – and the loan i… Read More

Before we answer the question, “How do I become a real estate broker?” it’s important that you understand the difference between a real estate agent and a broker. In most s… Read More

The term “Multiple Listing Service” (MLS) refers to hundreds of regional databases that contain information about properties for sale in a given area. If you want to become a par… Read More

Due diligence in real estate refers to the process of investigating and evaluating a property before finalizing a real estate transaction. As a real estate agent, you must understand “… Read More

An appraisal in real estate is an estimate of the fair market value of a property. This estimate is based on an appraiser’s professional opinion and is typically used for a real estate… Read More

One thing you’ll notice when you research the real estate license cost is that each state has its own criteria for getting a real estate license. This means the cost of getting a real… Read More

The prime rate is the interest rate commercial banks charge their most creditworthy corporate customers. But what is prime rate in real estate? Keep reading to learn how the prime rate affec… Read More

A real estate agent is a licensed professional who oversees real estate transactions between buyers and sellers. But you may be wondering, “What is a Realtor?” Is a Realtor the s… Read More

How Much Commission Do Real Estate Agents Make in Oklahoma? Oklahoma real estate commission rates average 5.63%, according to 2023 data gathered by FastExpert. (The national average re… Read More

What Is an FHA Loan in Real Estate? As a real estate agent, you may work with clients with debt or bad credit. You’ll need to be able to clearly explain the mortgage options available… Read More

What Is an Appraiser? What Does an Appraiser Do? There are a lot of different work opportunities within the real estate industry besides working as a real estate agent. Let’s examine o… Read More

How Much Commission Do Real Estate Agents Make in Georgia? Georgia real estate commission rates hover around 5.84%, according to a 2023 survey conducted by FastExpert. (For refer… Read More

How to Become a Home Inspector Are you fascinated by the inner workings of houses and have a keen eye for detail? If so, a career as a home inspector might be the perfect fit. Home inspector… Read More

Prospecting Tips for Real Estate Agents (Meta description: Unlock success in real estate with our comprehensive guide to prospecting. Master diverse strategies, build networks, and elevate y… Read More

Exclusive Agency vs. Exclusive Right to Sell  In the complex world of real estate, there’s a flurry of terms, agreements, and industry lingo that can be unfamiliar to those that a… Read More

What’s the difference between a selling broker and a listing broker? In the dynamic world of real estate, the terms “selling broker” and “listing broker” often… Read More

What Is a Real Estate Broker? What Does a Real Estate Broker Do? As you contemplate a career in real estate, you may wonder about the role of a real estate broker. We’ll answer the que… Read More

Tips to Write a Winning Real Estate Listing   As a real estate agent, writing a winning real estate listing can make all the difference in attracting potential buyers. The strengt… Read More

Understanding the Basics of Net Listing Agreement for Aspiring Real Estate Agents If you’re an aspiring real estate agent, then you’ve probably heard of net listing agreement. T… Read More

Job Satisfaction of Real Estate Agents Key phrase: are realtors happy Life’s too short to work a job you hate. If you are considering earning your real estate license, you may wonder… Read More