Realogy posted $1.1 billion in revenue in the first quarter of 2015, up 5 percent from a year ago.
“With 10 percent home sale volume growth, the first quarter was stronger than the 5 percent to 9 percent range we anticipated,” said Realogy CEO Richard A. Smith in a statement.
The increase in home sale volume (transaction sides multiplied by average sale price), along with contract signings in March and April, portend a “healthy spring selling season of the existing-home-sale market,” he added. Read complete article.
Source: Teke Wiggin , Inman, Monday, May 4, 2015.
Agent Headshots: 8 Do’s and Don’ts
The real estate agent headshot: it’s an absolute necessity in this industry. Your headshot is part of your personal branding, and people expect to see it everywhere—on business cards, your website, public benches and even billboards! Real estate is a face-to-face business, and potential clients want to see yours.
Selecting a real estate headshot can be a terrifying task. Real estate agents are all too frequently teased for having cheesy photos. But how often does someone come along with constructive advice? Not often enough.
Fortunately for you, this helpful list of DO’s and DON’Ts will make your next photo session a breeze. Read all DO's and DON'TS.
Source: RISMedia, Monday, May 4, 2015.
Dealing with the Subsequently Unhappy Bnuyer
Many, if not most, agents who have been in the business for a while are liable at one time or another to receive a call, an email, possibly even a letter, from a now-disgruntled buyer whom they represented in a transaction a while back. It might have been six months ago, perhaps even a year has passed. The point is, this is not one of those the-first-week-after-closing issues. Read complete article.
Source: Bob Hunt, Realty Times, Wednesday, April 8, 2015.
Time for the Spring Parade of Homes
The Spring Parade of Homes is underway and goes through Sunday May 10., See the latest in new home design and innovations throughout the metropolitan daily from 11 a.m.- 6 p.m.
Our company is well-represented with nearly 20 homes featured along the parade route by our partner new home communities:
- #51 - Cross Point Creek (Tom French Homes)
- #96 - Mills Farm (C&M Builders)
- #97 - Mills Farm (James Engle Custom Homes)
- #98 - Mills Farm (Jim Larson Homes)
- #99 - Mills Farm (Larson Building Company)
- #100 - Mills Farm Estates (Allure Luxury Homes)
- #121 - Preserve at Clear Creek (James Engle Custom Homes)
- #134 - Southwick on the Lake (Todd Hill Homes)
- #135 - Southwick on the Lake (Woodbridge Homes)
- #194 - Cider Mill Ridge at The National (SAB Homes)
- #285 - New Longview (Gale Homes)
- #326 - Winterset Valley (C&M Builders)
- #327 - Winterset Valley (C&M Builders)
- #328 - Winterset Valley (C&M Builders)
- #329 - Winterset Valley (Gale Homes)
- #330 - Winterset Valley (James Engle Custom Homes)
- #331 - Winterset Valley (SAB Homes)
- #332 - Winterset Valley (Starr Homes)
- #333 - Winterset Valley Reserve (Pfeifer Homes)
For more information about this year's Parade, visit the official Parade of Homes website.
You also learn more about all this year's entries by viewing the online Spring Parade of Homes Guide.
More Buyers Than Usual Enter Spring Market
An unusually high volume of home-buyer demand is flooding the spring market, as pending home sales rose in March for the third consecutive month and hit the highest level since June 2013, according to the National Association of REALTORS®.
Pending sales rose 1.1 percent month-over-month in March and are 11.1 percent above year-ago levels, according to NAR's Pending Home Sales Index, a forward-looking indicator based on contract signings. Read complete article.
Source: REALTORMag, Thursday, April 30, 2015.
Americans Again Say Real Estate Is Best Long-Term Investment
For the second straight year, more Americans name real estate than stocks, gold, savings accounts/CDs or bonds as the best long-term investment. Real estate leads with 31% of Americans choosing it, followed by stocks/mutual funds, at 25%. Meanwhile, gold dropped to third this year, a significant change from 2011 and 2012, when it was the runaway leader. Read complete article.
Source: Lydia Saad, Gallup.com, Thursday, April 23, 2015.
5 Tips for Becoming an Indispensable Real Estate Agent
one are the days in which a real estate agent held all the power by controlling the MLS (multiple listing service). The Internet, along with shifting technologies, has changed many industries and real estate is no exception. Here we are in 2015, with a much-improved economy and rapidly changing technologies, but there are a lot of agents who are struggling to make the necessary changes.
For a real estate agent to survive in today’s world, they must adapt and change to accommodate their clients’ needs. Read complete article.
Source: Laura Ure, Inman, Wednesday, April 29, 2015.
2015 Recognition Club Trip: It's No Secret... You'll Have a Great Time!
The latest recognition club trip destination - Secrets Playa Mujeres Golf and Spa Resort
- was announced at the annual year end event. Situated just 10 minutes north of Cancun, Mexico, Secrets Resort is an all-inclusive luxury getaway destination with plenty to do and lots to enjoy.
Based on your feedback, we've moved the timing of the trip up from November to late October (10/25-10/29)
. We hope this will allow more qualifiers to be able to attend!
Congratulations to the more than 50 sales professionals who have qualified
to join the fun in Playa Mujeres. If you are not yet among them, you still have until June 30 to qualify. Please see your broker for details.
Good luck and we'll see you in Mexico!
2015 CE Schedule Released
The preliminary list of classes for Better Homes and Gardens Real Estate Kansas City Homes' 2015 Continuing Education series is now available.
Take a moment to download
and review it so you can make plans to attend the classes you need for the coming year. Check back often as this list will evolve and be updated in the future. If you have any questions about the classes offered or how to register for them, please contact Elaine Cavener, Education Director at 913-661-1486 or via email.
Forging Relationships with Clients Creates Life-Long Business
For years, it was believed that the biggest threat to the real estate industry was technology. If customers could simply click on a link to buy a property, would they still need professional help? Happily, we’ve since learned that technology can improve our business because it educates and informs prospective clients about their choices, which can only be a good thing.
But this doesn’t mean that we can be complacent. Other threats to the industry do remain — and the biggest of these is our approach to our transactions and our clients. Read complete article.
Source: Brian Buffini, Inman, Monday, May 4, 2015.
Save the Date: 2015 Company Picnic
Mark your calendars for Sunday, June 7 and get ready for an afternoon of fun, family, friends and food at our company picnic!
This year's get together will be at Longview Lake Park
in Lee's Summit (printable map).
In addition to hamburgers, hot dogs and chicken catered by Chris Cakes, we'll have plenty of fun activities for everyone:
- Ice Cream Truck
- Face Painter
- Balloon Artist
We'll have seating for more than 200 people, but you are more than welcome to bring your own lawn chairs. We'll also have access to a ball field, so feel free to bring sports equipment (baseball glove, bat, etc.) and get a friendly game going.
If you plan to attend, RSVP
by Thursday, May 28 with how many adults and children (12 or younger) in your family are coming. Hope to see you there!
Existing Home Sales Skyrocket According to Infographic
An infographic created by Keeping Current Matters which uses data from NAR, shows a marked increased in existing home sales activity across the nation. The midwest region (which includes both KS and MO) shows the most improvement in both homes sold and price. Click the graphic below to download a printable version.
Source: KCM Crew, Keeping Current Matters, Monday, April 27, 2015.
Existing-Home Sales Spike in March
Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of REALTORS®. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace. Read complete article.
Source: RISMedia, Thursday, April 23, 2015.
There’s No Place Like Home
Last week, we reported on the financial reasons purchasing a home in today’s market makes sense.
The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership.
The top 4 reasons to own a home cited by respondents were not financial.
1. It means having a good place to raise children & provide them with a good education. Read all 5 reasons.
Source: KCM Crew, Keeping Current Matters, Monday, April 27, 2015.
NAR Study: Return Buyers Expected to Boost Housing Demand in Coming Years
Nearly a decade since the start of the foreclosure crisis, formerly distressed homeowners with restored credit are re-entering the housing market, but damaged credit profiles and lender overlays will greatly restrict the overall share of those eligible to buy, according to new research from the National Association of Realtors®. Read complete article.
Source: Adam Desanctis, REALTOR.org, Monday, April 20, 2015.
Start Spreading the News with the 2nd Quarter Real Estate Review Newsletter
The spring issue of Real Estate Review
for 2015 is ready to download, customize, print and send to your client base.
In this latest edition, the featured stories include the real vs. perceived value of home remodeling, an article about how to approach buying a 'fixer-upper', a Kansas City calendar of events and a list lesser-known facts about Kansas City's history.
Download your copy of Real Estate Review
here or visit the Newsletter page under the My Marketing tab.
Spring Issue of Distinctive Collection Available
The Spring issue of Distinctive Collection e-magazine
is now available. Flip through this digital magazine to see more than 20 of Kansas City's finest luxury homes priced from the $600Ks.
From Mission Hills to Lee's Summit, you'll see stunning interior and exterior photos, as well as details about these exclusive homes for sale in Kansas City.
Share this e-magazine
with your prospects and clients today who are searching for their next Kansas City luxury home.
The Distinctive Collection
digital magazine is a quarterly publication. The next issue will be published July 1.