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Homesnap Launches New Net Sheet Calculator: Tell a Seller How Much They Could Make Today
Homesnap has just released a Net Sheet Calculator. With just a few clicks, you can send your clients an easy-to-ready Net Sheet PDF. This PDF includes individual costs, total costs, and net proceeds. You can find this new tool on Homesnap Pro, where you can find the rest of our on-the-go tools.
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Impact of the Absorption Rate in Real Estate
Absorption rate can sound complicated, but it's a really simple calculation used across the real estate industry to determine the number of homes sold versus the number of homes available. It is mostly commonly used to determine conditions like "a seller's market," and can be critical for builders and other industry professionals, along with the regular buyer and seller. What Does Absorption Rate Tell Me?
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10 Things You Probably Didn't Know Google Could Do for You
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Find the Local Market that Offers the Best Growth Opportunity
Selecting and working in the wrong local market is a costly mistake that many real estate professionals make. But with some background knowledge, it's an error that you can avoid. If you selected your current Local Market based on the following factors, you may want to reconsider (and we will show the tools to do this, below): I live in this neighborhood; I like the area, the homes are nice; Other agents are marketing there, so I should too; I've got a listing there The reasons for choosing a local market area above aren't wrong, but they shouldn't be your sole reasoning. In this article, we'll look at how to select the best Local Market area—one that you can master (and be profitable in). To achieve this, we'll need to do some calculations (which we will walk you through step by step). Learn how to: Calculate the opportunity of a geographic area; Calculate the potential future opportunities of a particular market area; Look at other variables that will affect the Local Market you choose. To get started, grab a calculator, a pad of paper, and a pen. Let's get started!
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How to Set Your Goals Now for More Commissions in 2017
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What is a real estate client really worth to you? (Hint: it’s more than you think!)
As a real estate agent, you get paid by commission. This commission is the culmination of a lot of hard work: marketing your business, securing the client, promoting the property, negotiating the sale. So it stands to reason that you would put a value on that client equal to the commission you earned on the transaction, right? Wrong. Your client is worth more to you than that. Because the value of that client shouldn't be based on one transaction. It should be based on the relationship you have going forward, over its lifetime. The Lifetime Value of a Client (LTV) is a real, calculable figure that takes into consideration several factors: Age of your client Average years in a home Repeat business Referrals
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Weekly Video Tip: Golden Hour Calculator
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