Real Estate Farming: Sowing, Growing and Expanding Your Business

Real Estate Farming: Sowing, Growing and Expanding Your Business


November 17, 2022 


Real Estate Farming: Sowing, Growing and Expanding Your Business
Of the myriad lead generation strategies available to real estate agents, one of the most consistently successful is real estate farming. This type of strategy offers focus on a geographic area and the prospects therein. According to The Close, agents who use the farming strategy can capture at least 30% of all sales in a target area and turn leads...
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Forget Black Friday: Thursdays are the day for home price cuts
Home buyers looking for a Black Friday deal may want to shop on Thursdays. That's the day of the week when sellers are most likely to slash their list price, according to new research from Zillow. This fall, a record 28% of sellers had cut their list price, meaning bargain hunters who can afford today's mortgage rates are more likely to snag a discount. When...
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How to Reduce Stress from Tech: 4 Time-Tested Tactics
Brokers and their agents are stressed out: long hours, a seismic shift in the market, a record jump in mortgage interest rates, not to mention a pandemic that turned so many lives upside down. And because of the pandemic, the entire real estate industry jumped on the tech bandwagon, catapulting the adoption of new technology by industry pros — we...
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Interest Rates: The 1/10 Rule
Multiple dates Join subject matter expert Karen Schlosser as she explains how interest rates affect your client's budget in what is known as the 1:10 rule. Karen is joined by dotloop's Director of Training, Hunter Morgan, to show you how to add and utilize the free 'Buying Power Calculator' interactive document to your account. What you'll learn: How...
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Homebuyers Need $107,000 Annually to Afford the Typical U.S. Home -- Up 46% From a Year Ago
Homebuyers across the country need to earn substantially more money than they did a year ago to buy a home, due to high mortgage rates and persistently high home prices SEATTLE -- A homebuyer must earn $107,281 to afford the $2,682 monthly mortgage payment on the typical U.S. home, up 45.6% from $73,668 a year ago, according to a new report from Redfin,...
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