The National Association of Realtors (NAR), whose member brokers are known as Realtors member agents are known as Realtor associates, is the largest trade association and one of the most powerful lobbying groups in North America, having spent more than $99 million between 1999 and 2012. It has over 1.1 million members, including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago.
Overview
The National Association of Realtors was founded on May 13, 1908 as the National Association of Real Estate Exchanges, the founding group being located in Chicago, Illinois. In 1916, the National Association of Real Estate Exchanges changed its name to The National Association of Real Estate Boards. The current name was adopted in 1974.
NAR's members are residential and commercial real estate brokers, real estate salespeople, immovable property managers, appraisers, counselors, and others engaged in all aspects of the real estate (immovable property) industry, where a state license to practice is required. Members belong to one or more of some 1,600 local Realtor boards or associations. They are pledged to a code of ethics and standards of practice, which was adopted in 1913.
A class action lawsuit alleges the rules written by the National Association of Realtors have created inflated commissions unbeknownst to buyers and sellers. Here’s a look at how the commissions are determined and what the lawsuit is alleging.
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published: 19 May 2020
If Realtors Showed Homes in a Rush.
Imagine how many showings they could get it!
My other socials and more: https://linktr.ee/DanielLaBelle
published: 02 Jun 2022
Have Real Estate Agents Ruined Real Estate?
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All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.
#realestate #housingmarket #business
------
Rising home prices suck for almost everybody, eve...
published: 28 Mar 2024
Negotiating Secrets From a Million-dollar Realtor | Layla Yang | TEDxShaughnessy Live
Layla’s idea worth sharing is that every business transaction is an opportunity to create a difference. We need to approach the negotiating table with a different mindset and a set of actions that will ensure a successful outcome for all parties involved. In this revealing talk, Layla discloses the three key steps that contributed to her success today.
Layla Yang is one of Vancouver’s top realtors of luxury properties. As a graduate of criminology, she has taken her expertise in exploring every detail to present a meticulously researched solution. And as a former flight attendant, she has built a successful real estate company founded on her passion for giving the very best to her customers. This talk was given at a TEDx event using the TED conference format but independently organized b...
published: 13 Jun 2023
What I'd do if I started over as a new real estate agent
▶ ▶ ▶ WANT ME AS YOUR COACH ?
Schedule a One-on-One consultation here: http://bit.ly/3uEuE5r
▶ Reverse Selling Audiobook: https://bit.ly/3zqxI84
▶ REAL ESTATE LEAD GENERATION
Download My Script book: http://bit.ly/37Fkdou
Vulcan 7: http://bit.ly/3bANFxf
RedX: https://bit.ly/3byVNOr
Absentee Owner Leads: http://bit.ly/2NN951M
Mailbox Power/Banner Season: https://bit.ly/3siLbdt
Bomb Bomb Video Email: http://bit.ly/3aH8asF
Divorce Real Estate Training: http://bit.ly/3pJkr40
Real Estate Agent Business Plan: https://bit.ly/3wafPIR
Reverse Selling Audiobook: https://bit.ly/3zqxI84
▶ FOLLOW BRANDON
Youtube: http://bit.ly/3aFRiCt
Instagram: https://bit.ly/37TGtLF
Facebook: http://bit.ly/3dCic0e
Website: https://www.reverseselling.com/
Podcast: http://apple.co/2NPaTYe
Book: https://amzn.to...
published: 22 Mar 2023
Real Estate Agents and Their Brother Accused of Sex Crimes
Prominent twin real estate agents and their older brother have been charged with rape and sexual assault. A federal indictment alleges the Alexander brothers drugged and raped or sexually assaulted women they encountered by chance. Tracy Tutor, a star of the reality TV show “Million Dollar Listing" says she was assaulted by Oren Alexander. An attorney for Alon Alexander tells Inside Edition he will enter a not guilty plea.
published: 12 Dec 2024
What is a real estate agent? The difference between real estate salespersons, brokers, & Realtors
Getting started in real estate can be complicated. For example, after you pass your real estate exam, are you going to be...
A real estate Agent?
A Broker?
A Realtor®?
A Salesperson?
All of these things?
Or just some of them?
Now, if you don’t know how to refer to yourself as a real estate licensee, you can see how the general public might get confused as well. For example, when you say "real estate agent", in most states you are actually talking about a licensed real estate salesperson that works under a licensed real estate broker.
But when was the last time you heard somebody say “wow, what a great real estate salesperson”? Or how about “My real estate licensee really knows her stuff!” No, you’re much more likely to hear “My real estate agent rocks!” or “I’ll ask my Realtor®, she...
published: 09 Feb 2021
How Realtors be trying to sell Haunted Houses
I just imagine that in real life realtors be trying to sell haunted houses like this 😂
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How to Be SUCCESSFUL as a Real Estate Agent [5 CRUCIAL tips]
Looking for some advice on how to succeed as a Realtor? Well in this video I share HOW to be successful as a Real Estate Agent! If you're interested in becoming a Real Estate Agent, then these tips are a must-watch! From Real Estate scripts, content creation, defining your specialty and more. Take a look and see for yourself how these tips can help you succeed in the Real Estate industry!
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A class action lawsuit alleges the rules written by the National Association of Realtors have created inflated commissions unbeknownst to buyers and sellers. He...
A class action lawsuit alleges the rules written by the National Association of Realtors have created inflated commissions unbeknownst to buyers and sellers. Here’s a look at how the commissions are determined and what the lawsuit is alleging.
Welcome to the KARE 11 News YouTube channel. Subscribe to our channel for compelling and dramatic storytelling, award winning investigations, breaking news and information you can use.
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A class action lawsuit alleges the rules written by the National Association of Realtors have created inflated commissions unbeknownst to buyers and sellers. Here’s a look at how the commissions are determined and what the lawsuit is alleging.
Welcome to the KARE 11 News YouTube channel. Subscribe to our channel for compelling and dramatic storytelling, award winning investigations, breaking news and information you can use.
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» Watch more KARE 11 video: https://www.youtube.com/user/KARE11/v...
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The first 500 people to use this link and code HMW30 will get 30% off their first subscription with Soylent: https://bit.ly/4976408
Sign up for our FREE newsle...
The first 500 people to use this link and code HMW30 will get 30% off their first subscription with Soylent: https://bit.ly/4976408
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Our Other Channel: @HowHistoryWorks
Edited By: Svibe Multimedia Studio
Music Courtesy of: Epidemic Sound
Select Footage Courtesy of: Getty Images
For sponsorship inquiries, please contact [email protected]
Sign up for our newsletter https://compoundeddaily.com 👈
All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.
#realestate #housingmarket #business
------
Rising home prices suck for almost everybody, even people that own there own homes are not really better off financially if they sell their overpriced home… because they will just have to buy ANOTHER overpriced home unless they want to live on the street. If there is one group of people that actually are enjoying homes becoming unaffordable, it’s real estate agents…
Realtors across the country have used their surprising market power to make this problem much worse and charged a nice fat commission while doing it. But they may have pushed their luck too far and a new landmark antitrust lawsuit could radically change how we buy and sell our homes for better… or for worse… Realtors are more than just the people that open the door and tell you about the schools at an open home, they are a shockingly organized group that has a lot of influence over how the real estate market functions.
Real estate agents and Realtors are technically two different things, all Realtors are real estate agents, but not all real estate agents are realtors. They both buy and sell houses on behalf of clients for whom they act as agents, but for a real estate agent to call themselves a realtor they must be part of the National Association of Realtors, an industry group that represents most agents in America.
As part of their membership Realtors get access to the Multiple Listing Service or MLS which is a database of all residential real estate listings in the area. If you want sell houses as an agent, you really can’t compete without access to this database and if you want to get access to this invaluable market information you MUST register as a realtor. That membership is a pretty good investment anyway. The NAR behaves almost like a union for its independent members ensuring that home sellers can’t get agents to compete with one another for lower commissions.
The industry standard is six percent [6%] which gets split between the listing agent selling the home and a buyer’s agent if the purchaser uses one. The commission gets paid from the proceeds of the home sale before the remainder of the money gets transferred to the sellers’ bank account. This commission covers the expenses of selling real estate, like running open homes, posting on sites like Zillow, taking photos of the property, insurance and signposting the home.
Whatever is left goes to the agency which has its own expense, and then whatever is left after that goes to the Realtors themselves split between the buy and sell side. According to data from the Department of Housing and Urban Development, the average home sale price in America has risen from two hundred and seventy-two thousand dollars [$272,000] in 2010, to four hundred and NINETY two thousand dollars [$492,000] in quarter 4 of last year.
Since the realtors is based on the sales price it means that average commission paid to Realtors has DOUBLED in just thirteen years, outpacing inflation by one hundred and twenty percent [120%].
It gets even better for real estate agent though because their expenses have not increased as fast as home prices which means they are keeping more of that six percent [6%] for themselves.
Realtors have broken the already broken real estate market in three ways, but poor market conditions, not to mention a landmark lawsuit could actually make things worse for everybody… including the realtors…
So it’s time to learn How Money Works to find out how your most important financial decision ever is made for you.
The first 500 people to use this link and code HMW30 will get 30% off their first subscription with Soylent: https://bit.ly/4976408
Sign up for our FREE newsletter! - https://www.compoundeddaily.com/
-----
Our Other Channel: @HowHistoryWorks
Edited By: Svibe Multimedia Studio
Music Courtesy of: Epidemic Sound
Select Footage Courtesy of: Getty Images
For sponsorship inquiries, please contact [email protected]
Sign up for our newsletter https://compoundeddaily.com 👈
All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.
#realestate #housingmarket #business
------
Rising home prices suck for almost everybody, even people that own there own homes are not really better off financially if they sell their overpriced home… because they will just have to buy ANOTHER overpriced home unless they want to live on the street. If there is one group of people that actually are enjoying homes becoming unaffordable, it’s real estate agents…
Realtors across the country have used their surprising market power to make this problem much worse and charged a nice fat commission while doing it. But they may have pushed their luck too far and a new landmark antitrust lawsuit could radically change how we buy and sell our homes for better… or for worse… Realtors are more than just the people that open the door and tell you about the schools at an open home, they are a shockingly organized group that has a lot of influence over how the real estate market functions.
Real estate agents and Realtors are technically two different things, all Realtors are real estate agents, but not all real estate agents are realtors. They both buy and sell houses on behalf of clients for whom they act as agents, but for a real estate agent to call themselves a realtor they must be part of the National Association of Realtors, an industry group that represents most agents in America.
As part of their membership Realtors get access to the Multiple Listing Service or MLS which is a database of all residential real estate listings in the area. If you want sell houses as an agent, you really can’t compete without access to this database and if you want to get access to this invaluable market information you MUST register as a realtor. That membership is a pretty good investment anyway. The NAR behaves almost like a union for its independent members ensuring that home sellers can’t get agents to compete with one another for lower commissions.
The industry standard is six percent [6%] which gets split between the listing agent selling the home and a buyer’s agent if the purchaser uses one. The commission gets paid from the proceeds of the home sale before the remainder of the money gets transferred to the sellers’ bank account. This commission covers the expenses of selling real estate, like running open homes, posting on sites like Zillow, taking photos of the property, insurance and signposting the home.
Whatever is left goes to the agency which has its own expense, and then whatever is left after that goes to the Realtors themselves split between the buy and sell side. According to data from the Department of Housing and Urban Development, the average home sale price in America has risen from two hundred and seventy-two thousand dollars [$272,000] in 2010, to four hundred and NINETY two thousand dollars [$492,000] in quarter 4 of last year.
Since the realtors is based on the sales price it means that average commission paid to Realtors has DOUBLED in just thirteen years, outpacing inflation by one hundred and twenty percent [120%].
It gets even better for real estate agent though because their expenses have not increased as fast as home prices which means they are keeping more of that six percent [6%] for themselves.
Realtors have broken the already broken real estate market in three ways, but poor market conditions, not to mention a landmark lawsuit could actually make things worse for everybody… including the realtors…
So it’s time to learn How Money Works to find out how your most important financial decision ever is made for you.
Layla’s idea worth sharing is that every business transaction is an opportunity to create a difference. We need to approach the negotiating table with a differe...
Layla’s idea worth sharing is that every business transaction is an opportunity to create a difference. We need to approach the negotiating table with a different mindset and a set of actions that will ensure a successful outcome for all parties involved. In this revealing talk, Layla discloses the three key steps that contributed to her success today.
Layla Yang is one of Vancouver’s top realtors of luxury properties. As a graduate of criminology, she has taken her expertise in exploring every detail to present a meticulously researched solution. And as a former flight attendant, she has built a successful real estate company founded on her passion for giving the very best to her customers. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
Layla’s idea worth sharing is that every business transaction is an opportunity to create a difference. We need to approach the negotiating table with a different mindset and a set of actions that will ensure a successful outcome for all parties involved. In this revealing talk, Layla discloses the three key steps that contributed to her success today.
Layla Yang is one of Vancouver’s top realtors of luxury properties. As a graduate of criminology, she has taken her expertise in exploring every detail to present a meticulously researched solution. And as a former flight attendant, she has built a successful real estate company founded on her passion for giving the very best to her customers. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
▶ ▶ ▶ WANT ME AS YOUR COACH ?
Schedule a One-on-One consultation here: http://bit.ly/3uEuE5r
▶ Reverse Selling Audiobook: https://bit.ly/3zqxI84
▶ REAL ESTAT...
▶ ▶ ▶ WANT ME AS YOUR COACH ?
Schedule a One-on-One consultation here: http://bit.ly/3uEuE5r
▶ Reverse Selling Audiobook: https://bit.ly/3zqxI84
▶ REAL ESTATE LEAD GENERATION
Download My Script book: http://bit.ly/37Fkdou
Vulcan 7: http://bit.ly/3bANFxf
RedX: https://bit.ly/3byVNOr
Absentee Owner Leads: http://bit.ly/2NN951M
Mailbox Power/Banner Season: https://bit.ly/3siLbdt
Bomb Bomb Video Email: http://bit.ly/3aH8asF
Divorce Real Estate Training: http://bit.ly/3pJkr40
Real Estate Agent Business Plan: https://bit.ly/3wafPIR
Reverse Selling Audiobook: https://bit.ly/3zqxI84
▶ FOLLOW BRANDON
Youtube: http://bit.ly/3aFRiCt
Instagram: https://bit.ly/37TGtLF
Facebook: http://bit.ly/3dCic0e
Website: https://www.reverseselling.com/
Podcast: http://apple.co/2NPaTYe
Book: https://amzn.to/3xD1012
▶ KEEP 100% OF YOUR COMMISSION
Brookstone Realtors: http://bit.ly/2NVLtI8
▶ ABOUT BRANDON MULRENIN
Brandon is a real estate broker in Michigan and is the CEO of Brookstone Realtors. Real estate coaching is Brandon’s passion. He teaches real estate agents at his company and around the country how to get listings using his reverse selling lead generation system. His mission is to teach real estate agents how to sell without being salesy, he calls it reverse selling.
▶ MY GEAR
✔️Camera: https://amzn.to/2YPlHXt
✔️Lens: https://amzn.to/2PLhMHg
✔️Lighting: https://amzn.to/34o17i0
✔️Microphone: https://amzn.to/2YO1Xnc
✔️Computer: https://amzn.to/2LU9RGA
Note this description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support.
▶ ▶ ▶ WANT ME AS YOUR COACH ?
Schedule a One-on-One consultation here: http://bit.ly/3uEuE5r
▶ Reverse Selling Audiobook: https://bit.ly/3zqxI84
▶ REAL ESTATE LEAD GENERATION
Download My Script book: http://bit.ly/37Fkdou
Vulcan 7: http://bit.ly/3bANFxf
RedX: https://bit.ly/3byVNOr
Absentee Owner Leads: http://bit.ly/2NN951M
Mailbox Power/Banner Season: https://bit.ly/3siLbdt
Bomb Bomb Video Email: http://bit.ly/3aH8asF
Divorce Real Estate Training: http://bit.ly/3pJkr40
Real Estate Agent Business Plan: https://bit.ly/3wafPIR
Reverse Selling Audiobook: https://bit.ly/3zqxI84
▶ FOLLOW BRANDON
Youtube: http://bit.ly/3aFRiCt
Instagram: https://bit.ly/37TGtLF
Facebook: http://bit.ly/3dCic0e
Website: https://www.reverseselling.com/
Podcast: http://apple.co/2NPaTYe
Book: https://amzn.to/3xD1012
▶ KEEP 100% OF YOUR COMMISSION
Brookstone Realtors: http://bit.ly/2NVLtI8
▶ ABOUT BRANDON MULRENIN
Brandon is a real estate broker in Michigan and is the CEO of Brookstone Realtors. Real estate coaching is Brandon’s passion. He teaches real estate agents at his company and around the country how to get listings using his reverse selling lead generation system. His mission is to teach real estate agents how to sell without being salesy, he calls it reverse selling.
▶ MY GEAR
✔️Camera: https://amzn.to/2YPlHXt
✔️Lens: https://amzn.to/2PLhMHg
✔️Lighting: https://amzn.to/34o17i0
✔️Microphone: https://amzn.to/2YO1Xnc
✔️Computer: https://amzn.to/2LU9RGA
Note this description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support.
Prominent twin real estate agents and their older brother have been charged with rape and sexual assault. A federal indictment alleges the Alexander brothers dr...
Prominent twin real estate agents and their older brother have been charged with rape and sexual assault. A federal indictment alleges the Alexander brothers drugged and raped or sexually assaulted women they encountered by chance. Tracy Tutor, a star of the reality TV show “Million Dollar Listing" says she was assaulted by Oren Alexander. An attorney for Alon Alexander tells Inside Edition he will enter a not guilty plea.
Prominent twin real estate agents and their older brother have been charged with rape and sexual assault. A federal indictment alleges the Alexander brothers drugged and raped or sexually assaulted women they encountered by chance. Tracy Tutor, a star of the reality TV show “Million Dollar Listing" says she was assaulted by Oren Alexander. An attorney for Alon Alexander tells Inside Edition he will enter a not guilty plea.
Getting started in real estate can be complicated. For example, after you pass your real estate exam, are you going to be...
A real estate Agent?
A Broker?
A...
Getting started in real estate can be complicated. For example, after you pass your real estate exam, are you going to be...
A real estate Agent?
A Broker?
A Realtor®?
A Salesperson?
All of these things?
Or just some of them?
Now, if you don’t know how to refer to yourself as a real estate licensee, you can see how the general public might get confused as well. For example, when you say "real estate agent", in most states you are actually talking about a licensed real estate salesperson that works under a licensed real estate broker.
But when was the last time you heard somebody say “wow, what a great real estate salesperson”? Or how about “My real estate licensee really knows her stuff!” No, you’re much more likely to hear “My real estate agent rocks!” or “I’ll ask my Realtor®, she knows everything”. Today we’re going to talk about the differences between real estate salespersons, brokers and Realtors®.
Subscribe to our channel to get notified of new videos!
Serious about passing your real estate exam? Sign up with PrepAgent to get more videos, thousands of interactive exam questions with explanations, 5x a week live webinars, and so much more! Use this link to get 25% off:
https://www.prepagent.com/sign-up?code=youtube
Follow us on social media:
https://www.instagram.com/joejuter/
https://www.instagram.com/prep_agent/
If you want to learn how to get clients check out our AgentSchool channel:
https://www.youtube.com/channel/UCkGzkX81_va2prIGl6Cuclg
Join our free private Facebook group to get help from others taking the exam:
https://www.facebook.com/groups/prepagent/
Join our new agents group to exchange ideas with other real estate professionals:
https://www.facebook.com/groups/851499591705861
Getting started in real estate can be complicated. For example, after you pass your real estate exam, are you going to be...
A real estate Agent?
A Broker?
A Realtor®?
A Salesperson?
All of these things?
Or just some of them?
Now, if you don’t know how to refer to yourself as a real estate licensee, you can see how the general public might get confused as well. For example, when you say "real estate agent", in most states you are actually talking about a licensed real estate salesperson that works under a licensed real estate broker.
But when was the last time you heard somebody say “wow, what a great real estate salesperson”? Or how about “My real estate licensee really knows her stuff!” No, you’re much more likely to hear “My real estate agent rocks!” or “I’ll ask my Realtor®, she knows everything”. Today we’re going to talk about the differences between real estate salespersons, brokers and Realtors®.
Subscribe to our channel to get notified of new videos!
Serious about passing your real estate exam? Sign up with PrepAgent to get more videos, thousands of interactive exam questions with explanations, 5x a week live webinars, and so much more! Use this link to get 25% off:
https://www.prepagent.com/sign-up?code=youtube
Follow us on social media:
https://www.instagram.com/joejuter/
https://www.instagram.com/prep_agent/
If you want to learn how to get clients check out our AgentSchool channel:
https://www.youtube.com/channel/UCkGzkX81_va2prIGl6Cuclg
Join our free private Facebook group to get help from others taking the exam:
https://www.facebook.com/groups/prepagent/
Join our new agents group to exchange ideas with other real estate professionals:
https://www.facebook.com/groups/851499591705861
I just imagine that in real life realtors be trying to sell haunted houses like this 😂
FOLLOW @SUPREMEDREAMS_1 AND @RDCWORLD1 FOR MORE CONTENT/UPDATES
~RDC S...
I just imagine that in real life realtors be trying to sell haunted houses like this 😂
FOLLOW @SUPREMEDREAMS_1 AND @RDCWORLD1 FOR MORE CONTENT/UPDATES
~RDC Social Media ~
@RDCWorld1
Mark Phillips - @SupremeDreams_1
Affiong Harris - @Affiong
Desmond Johnson - @l0v3andPeac3
Leland Manigo - @23_Is_Leland
Dylan Patel - @DylanPatel4_
Benjamin Skinner - @Ive_Ben_Jammin
Johnathan Newton - @PlayThatJohn
MERCH
https://rdcworld1.com/shop
GAMING CHANNEL
https://www.youtube.com/channel/UCW0uwJNcMTiOFXXgyS2no4g
TWITCH CHANNEL
https://www.twitch.tv/rdcgaming
DREAM CON INFO!
https://www.dreamconvention.com
DISCORD
https://discord.gg/rdcworld1
SOUNDCLOUD
https://soundcloud.com/rdcworld
I just imagine that in real life realtors be trying to sell haunted houses like this 😂
FOLLOW @SUPREMEDREAMS_1 AND @RDCWORLD1 FOR MORE CONTENT/UPDATES
~RDC Social Media ~
@RDCWorld1
Mark Phillips - @SupremeDreams_1
Affiong Harris - @Affiong
Desmond Johnson - @l0v3andPeac3
Leland Manigo - @23_Is_Leland
Dylan Patel - @DylanPatel4_
Benjamin Skinner - @Ive_Ben_Jammin
Johnathan Newton - @PlayThatJohn
MERCH
https://rdcworld1.com/shop
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Looking for some advice on how to succeed as a Realtor? Well in this video I share HOW to be successful as a Real Estate Agent! If you're interested in becoming...
Looking for some advice on how to succeed as a Realtor? Well in this video I share HOW to be successful as a Real Estate Agent! If you're interested in becoming a Real Estate Agent, then these tips are a must-watch! From Real Estate scripts, content creation, defining your specialty and more. Take a look and see for yourself how these tips can help you succeed in the Real Estate industry!
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Carys Eccleshall is a licensed Real Estate Broker in South Florida.
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#realtorlife #realestateagent #realtor
Looking for some advice on how to succeed as a Realtor? Well in this video I share HOW to be successful as a Real Estate Agent! If you're interested in becoming a Real Estate Agent, then these tips are a must-watch! From Real Estate scripts, content creation, defining your specialty and more. Take a look and see for yourself how these tips can help you succeed in the Real Estate industry!
MY VLOG CHANNEL! 🎥 https://youtube.com/@itsLifewithCarys
If you are interested in learning how Partner at REAL Broker - and get Coached to level up your business [for FREE] - LET’S CHAT!! 🤩 👉 https://bit.ly/3ERonaA
🌴 Looking to Buy, Sell or Invest in Florida? 🌴
📞 Contact Me - [email protected]
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Carys Eccleshall is a licensed Real Estate Broker in South Florida.
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Some links in this description may be affiliate links.
Helping people buy a home in Florida, sell a home in Florida, and investing in real estate in Florida.
Also, helping agents grow their real estate business by leveraging social media, as well as developing to become the best version of themselves.
#realtorlife #realestateagent #realtor
A class action lawsuit alleges the rules written by the National Association of Realtors have created inflated commissions unbeknownst to buyers and sellers. Here’s a look at how the commissions are determined and what the lawsuit is alleging.
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#realestate #housingmarket #business
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Rising home prices suck for almost everybody, even people that own there own homes are not really better off financially if they sell their overpriced home… because they will just have to buy ANOTHER overpriced home unless they want to live on the street. If there is one group of people that actually are enjoying homes becoming unaffordable, it’s real estate agents…
Realtors across the country have used their surprising market power to make this problem much worse and charged a nice fat commission while doing it. But they may have pushed their luck too far and a new landmark antitrust lawsuit could radically change how we buy and sell our homes for better… or for worse… Realtors are more than just the people that open the door and tell you about the schools at an open home, they are a shockingly organized group that has a lot of influence over how the real estate market functions.
Real estate agents and Realtors are technically two different things, all Realtors are real estate agents, but not all real estate agents are realtors. They both buy and sell houses on behalf of clients for whom they act as agents, but for a real estate agent to call themselves a realtor they must be part of the National Association of Realtors, an industry group that represents most agents in America.
As part of their membership Realtors get access to the Multiple Listing Service or MLS which is a database of all residential real estate listings in the area. If you want sell houses as an agent, you really can’t compete without access to this database and if you want to get access to this invaluable market information you MUST register as a realtor. That membership is a pretty good investment anyway. The NAR behaves almost like a union for its independent members ensuring that home sellers can’t get agents to compete with one another for lower commissions.
The industry standard is six percent [6%] which gets split between the listing agent selling the home and a buyer’s agent if the purchaser uses one. The commission gets paid from the proceeds of the home sale before the remainder of the money gets transferred to the sellers’ bank account. This commission covers the expenses of selling real estate, like running open homes, posting on sites like Zillow, taking photos of the property, insurance and signposting the home.
Whatever is left goes to the agency which has its own expense, and then whatever is left after that goes to the Realtors themselves split between the buy and sell side. According to data from the Department of Housing and Urban Development, the average home sale price in America has risen from two hundred and seventy-two thousand dollars [$272,000] in 2010, to four hundred and NINETY two thousand dollars [$492,000] in quarter 4 of last year.
Since the realtors is based on the sales price it means that average commission paid to Realtors has DOUBLED in just thirteen years, outpacing inflation by one hundred and twenty percent [120%].
It gets even better for real estate agent though because their expenses have not increased as fast as home prices which means they are keeping more of that six percent [6%] for themselves.
Realtors have broken the already broken real estate market in three ways, but poor market conditions, not to mention a landmark lawsuit could actually make things worse for everybody… including the realtors…
So it’s time to learn How Money Works to find out how your most important financial decision ever is made for you.
Layla’s idea worth sharing is that every business transaction is an opportunity to create a difference. We need to approach the negotiating table with a different mindset and a set of actions that will ensure a successful outcome for all parties involved. In this revealing talk, Layla discloses the three key steps that contributed to her success today.
Layla Yang is one of Vancouver’s top realtors of luxury properties. As a graduate of criminology, she has taken her expertise in exploring every detail to present a meticulously researched solution. And as a former flight attendant, she has built a successful real estate company founded on her passion for giving the very best to her customers. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
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Prominent twin real estate agents and their older brother have been charged with rape and sexual assault. A federal indictment alleges the Alexander brothers drugged and raped or sexually assaulted women they encountered by chance. Tracy Tutor, a star of the reality TV show “Million Dollar Listing" says she was assaulted by Oren Alexander. An attorney for Alon Alexander tells Inside Edition he will enter a not guilty plea.
Getting started in real estate can be complicated. For example, after you pass your real estate exam, are you going to be...
A real estate Agent?
A Broker?
A Realtor®?
A Salesperson?
All of these things?
Or just some of them?
Now, if you don’t know how to refer to yourself as a real estate licensee, you can see how the general public might get confused as well. For example, when you say "real estate agent", in most states you are actually talking about a licensed real estate salesperson that works under a licensed real estate broker.
But when was the last time you heard somebody say “wow, what a great real estate salesperson”? Or how about “My real estate licensee really knows her stuff!” No, you’re much more likely to hear “My real estate agent rocks!” or “I’ll ask my Realtor®, she knows everything”. Today we’re going to talk about the differences between real estate salespersons, brokers and Realtors®.
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I just imagine that in real life realtors be trying to sell haunted houses like this 😂
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Looking for some advice on how to succeed as a Realtor? Well in this video I share HOW to be successful as a Real Estate Agent! If you're interested in becoming a Real Estate Agent, then these tips are a must-watch! From Real Estate scripts, content creation, defining your specialty and more. Take a look and see for yourself how these tips can help you succeed in the Real Estate industry!
MY VLOG CHANNEL! 🎥 https://youtube.com/@itsLifewithCarys
If you are interested in learning how Partner at REAL Broker - and get Coached to level up your business [for FREE] - LET’S CHAT!! 🤩 👉 https://bit.ly/3ERonaA
🌴 Looking to Buy, Sell or Invest in Florida? 🌴
📞 Contact Me - [email protected]
🛍 Shop my Amazon Favs (books, camera equipment etc) https://amzn.to/3qEpBli
📹 VIDEO EDITING TEAM : https://www.youtuberautomation.com/50off
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_________________________________
Carys Eccleshall is a licensed Real Estate Broker in South Florida.
Creating content on all things Real Estate, Social Media and Self-Development.
Some links in this description may be affiliate links.
Helping people buy a home in Florida, sell a home in Florida, and investing in real estate in Florida.
Also, helping agents grow their real estate business by leveraging social media, as well as developing to become the best version of themselves.
#realtorlife #realestateagent #realtor
The National Association of Realtors (NAR), whose member brokers are known as Realtors member agents are known as Realtor associates, is the largest trade association and one of the most powerful lobbying groups in North America, having spent more than $99 million between 1999 and 2012. It has over 1.1 million members, including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago.
Overview
The National Association of Realtors was founded on May 13, 1908 as the National Association of Real Estate Exchanges, the founding group being located in Chicago, Illinois. In 1916, the National Association of Real Estate Exchanges changed its name to The National Association of Real Estate Boards. The current name was adopted in 1974.
NAR's members are residential and commercial real estate brokers, real estate salespeople, immovable property managers, appraisers, counselors, and others engaged in all aspects of the real estate (immovable property) industry, where a state license to practice is required. Members belong to one or more of some 1,600 local Realtor boards or associations. They are pledged to a code of ethics and standards of practice, which was adopted in 1913.
An employee of a realtor, who had worked for him for over a decade, allegedly stole ₹17 lakh with the help of his two accomplices and fled ...Realtor’s employee, aides booked for ₹17 lakh theft.
At its annual luncheon this month, the Palm BeachBoard of Realtors had a good reason to celebrate, and not just because the holiday season had arrived ... The organization was chartered by the National Association of Realtors on May 13, 1949 ... Andrew G ... *.
Kentucky REALTORS, the leading professional association of REALTORS in the Commonwealth, has released the latest housing market data for November 2024, providing insights into the real estate landscape in Kentucky ... .
"Being named Realtor of the Year is a significant achievement in Florida, where the competition among real estate professionals is incredibly high," said Peter Giese, CEO of Engel & Völkers Florida.
When 2024 started, Denver area realtors optimistically anticipated that interest rates would drop, but they also expected limited inventory to keep prices high ... year, taught realtors three lessons.
A realtor in Georgia was killed in a suspected DUI crash involving an underage illegal immigrant from Honduras who allegedly ran a red light and collided with the driver at 100 mph. According to WSB-TV, around 1.30 a.m ... SOURCE .