Category: General Real Estate
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Safeguarding Your Legacy
A Guide to Estate Planning Tools Planning for the future isn’t just about retirement savings. It’s also about ensuring your loved ones are taken care of after you’re gone. Estate planning helps you achieve this by outlining how your assets will be managed and distributed. In a Nutshell This guide explores some key tools used…
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Real Estate Absorption Rate for Smart Investors
In a Nutshell Understanding Real Estate Absorption Rate The absorption rate in real estate is a metric used to gauge how quickly available properties are selling within a specific market and timeframe. It essentially reflects the balance between supply (number of houses on the market) and demand (number of buyers interested in purchasing). Calculating Absorption…
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Overcome Investment Hurdles
Use Expert Advisors The commercial real estate market is a complex landscape, filled with hidden pitfalls and ever-evolving trends. Investors like you need more than just a broker; you need a team of seasoned professionals to anticipate challenges and secure winning opportunities. In a Nutshell At eXp Commercial, we understand the specific obstacles you face:…
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Decoding the Market
In a Nutshell A Guide to Property Value Fluctuations for Owners and Investors The world of commercial real estate (CRE) thrives on value. Whether you’re an experienced investor or a first-time owner, understanding the factors that influence your property’s value is crucial. This knowledge empowers you to make informed decisions, maximize returns, and navigate market…
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Investors Alternative Strategies
Getting Creative There are a few additional approaches and ways of thinking about CRE that can be valuable for investors: Alternative Investment Strategies: Unique Property Types: Beyond Traditional Metrics: Creative Thinking: By exploring these unconventional strategies and ways of thinking about CRE, you can position yourself to identify unique investment opportunities and potentially outperform the…
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The Biggest Mistakes You Can Make in the Multifamily Property Business
Beware Pitfalls The multifamily property business can be a lucrative one, but it’s also fraught with potential pitfalls. Investors who make certain mistakes can find themselves in financial hot water. Here are some of the biggest mistakes to avoid: 1. Overleverage One of the biggest dangers in the multifamily business is overleverage. This means borrowing…
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Prospecting Residential Buyers
Finding Buyers on social media There are several ways to find residential real estate buyers on social media, but the most effective approach will depend on your target audience and preferred platforms. Here are some strategies to consider: Target your audience: Leverage relevant platforms: Use effective content and tactics: Additional tips: By implementing these strategies…
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Hindsight is 20/20
What I Wish I Knew Before Becoming a Real Estate Broker The allure of real estate brokerage: flexible hours, high income potential, and the thrill of the deal. It’s a journey packed with excitement, yes, but also a fair share of unexpected lessons. Now, with a few years under my belt and some bumps smoothed…
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90-Day Real Estate Success Plan
Phase 1: Laying the Foundation (Weeks 1-3) Phase 2: Generating Leads and Building Relationships (Weeks 4-6) Phase 3: Converting Leads and Closing Deals (Weeks 7-10) Phase 4: Evaluation and Growth (Weeks 11-13) Remember: This outline provides a framework for your 90-day success plan. With dedication, hard work, and continuous learning, you can achieve your goals…
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Know Your Key Performance Indicators (KPIs)
Measuring Success Identifying the top KPIs for top-performing brokers can be insightful for measuring your own progress and aiming for success. Here are some key metrics to consider: Transaction-based KPIs: Revenue and Income KPIs: Lead Generation and Marketing KPIs: Client Satisfaction and Referral KPIs: Additional Considerations: Remember, these are just general metrics, and the most…
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