Bandy Herman REALTOR®

Bandy Herman REALTOR®

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The Importance of Being Together in a Virtual World

USA Real Estate News-RISMedia - Thu, 2021-12-02 06:03

Like nearly all other businesses, brokerages have been deeply impacted by the shift to virtual life during the pandemic. Houses are increasingly shown—and even sold—without the buyer ever setting foot in the home. The National Association of REALTORS® recently reported that four in 10 homebuyers found virtual tours “very useful” before the pandemic.

Should You Sell Your Home If You Owe More Than It’s Worth?

USA Real Estate News-RISMedia - Thu, 2021-12-02 06:02

While people buy homes with the intent to build equity, life happens and sometimes homeowners end up underwater, upside down or with negative equity. What do these terms mean? The balance owed on the mortgage is more than the house is currently worth.

Berkshire Hathaway HomeServices Expands in Upper Midwestern Region

USA Real Estate News-RISMedia - Thu, 2021-12-02 06:01

Berkshire Hathaway HomeServices recently announced its expansion into the Lake Country market with the addition of Berkshire Hathaway HomeServices Lake Country Realty, adding seven top agents to the global network.

NAR to Host Forecast Summit on Dec. 15

USA Real Estate News-RISMedia - Thu, 2021-12-02 06:00

The National Association of REALTORS® (NAR) will be hosting its Real Estate Forecast Summit: The Year Ahead on Dec. 15 at 1 p.m. ET, taking a look at the economy and residential and commercial real estate markets.

During this free, two-hour webinar, NAR Chief Economist Dr. Lawrence Yun will be joined by speakers across several industry organizations, think tanks and universities.

Their review of 2021 and a look ahead into 2022 will cover:

Be transparent: How to have the commission conversation

USA Real Estate News-Inman - Thu, 2021-12-02 05:00
At the heart of the ongoing DOJ-NAR saga is who gets paid and how in a transaction — and how the consumer is educated about it. Broker-owner Gavin Payne says agents should "attack the gorilla in the room on every appointment.” Here are some key talking points to help articulate your value and provide proof points for commissions.

Should I cut my commissions? 4 tips to defend your paycheck as a newbie

USA Real Estate News-Inman - Thu, 2021-12-02 05:00
Most of us have been asked to reduce our commission for one reason or another. Understanding what’s really at stake and what you want the end game to be will help guide you in making the right call when it comes to your commission. 

The real reason sellers shop by lowest commission

USA Real Estate News-Inman - Thu, 2021-12-02 05:00
A homeowner who's shopping based purely on price isn’t convinced that real estate agents are worth the money, which is why it’s so important that we show them why they are. Here's the best way to approach the conversation.

‘Is the Bible hate speech?’ NAR hate speech provision faces first big test

USA Real Estate News-Inman - Thu, 2021-12-02 05:00
Realtor Brandon Huber is under fire for pulling his church's support of a food bank during Pride Month. Now, the Missoula Organization of Realtors has to determine if it's religious freedom or hate speech.

Who does what? 4 tips for defining team roles and setting expectations

USA Real Estate News-Inman - Thu, 2021-12-02 04:14
At the most basic level, there are three functions that run a business. To bring this into context for a real estate team, here’s a breakdown of the responsibilities in each area (operations, finance, and sales and marketing) — plus, four tips for clearly defining roles and ensuring team members are best equipped for success.
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