Easy Real Estate Commission Calculator

October 20th, 2020

In a real estate transaction, the agents or brokers involved are typically paid by the seller via commission as opposed to a flat fee. Check out our easy-to-use real estate commission calculator below to calculate the commission rates for your deal, and learn more about how this amount is calculated further down the page.

How Long Should You Study for the Real Estate Exam? + Tips for Acing the Test

September 18th, 2020

It’s normal to be stressed before taking the real estate agent exam. After all, you’ve spent weeks, if not months, preparing for this and are probably eager to get started on your exciting new career path.

To help you prepare for the test and set your mind at ease, we’ve done our best to answer the eternal question: How long should you study for the real estate exam? We’ve also added some extra information about the test you should be aware of, along with a few helpful studying tips.

5 Steps for Your Best Real Estate Listing Presentation + Template

August 31st, 2020

When a real estate agent “interviews” with a potential client to represent them, the most successful agents come prepared with a real estate listing presentation. This is typically a PowerPoint or PDF deck that details your experience in the area, your brokerage’s recent successes, and how you plan to best represent their interests through your sales and marketing efforts.

Easy Cap Rate Calculator

August 27th, 2020

The cap rate calculator (short for capitalization rate) is a useful tool as it allows you to quickly get an estimate for how much money a property is expected to make, and how this compares to similar properties in the area. You can use our free cap rate calculator below and learn more about how this is calculated further down the page.

58+ Real Estate Terms Every Agent Needs to Know in 2020

August 25th, 2020

Real estate is a jargon-heavy industry and can be difficult to navigate if you’re a new agent or if you haven’t brushed up on your terminology in a while. Take a look at the glossary of real estate terms below for brief, clear definitions on each of these topics that will help you make more educated decisions and correctly answer any real estate questions for your clients in 2020.

Table of Contents:

General Real Estate Terms
Financial Real Estate Terms
Listing Real Estate Terms
Other Real Estate Terms

58 Real Estate Terms to Know by Category
To make things easier for you, we’ve broken up the 58 real estate terms by category below.

3 Tips to Thrive with Rentals During COVID-19

August 25th, 2020

Coronavirus is taking its toll on our economy, our health, and our livelihood as leasing agents. While it can all feel overwhelming at times, we can at least take comfort knowing that we’re fighting this together! During times like these, it’s more important than ever to stay positive and productive, especially when working with rental properties.

Top Real Estate Hashtags for 2020

August 3rd, 2020

In today’s socially-distanced world, taking advantage of social media is an even more essential strategy for agents. Using real estate hashtags can help take your posts the extra mile by reaching the right potential prospects and networking opportunities.

Evaluating Tenant Screening Reports

July 29th, 2020

“Tenant screening” or “tenant screening reports” are phrases that tend to be used interchangeably to describe a wide variety of reports and processes, from the minimal to the in-depth. If you are looking for a reliable tenant screening service, you’ll need to understand what they consider important, who they are going to for their information, and how thorough their coverage is.

Conducting an Effective Tenant Evaluation

July 24th, 2020

You’ve marketed your rental property and a potential renter has reached out to you. What do you look for in order to determine whether or not this is someone whom you should trust with your property? Of course, you want to minimize carrying costs and the number of days you’re waiting for a tenant, but in order to take care of the property you represent and minimize headaches down the road, you’ll need to conduct a proper tenant evaluation.

What You Need to Know About Becoming a Part-Time Real Estate Agent

July 23rd, 2020

If you’re searching for a side hustle that’s flexible, quick to start, and allows you to earn significant extra cash, look no further than becoming a part-time real estate agent. Because of its low barrier to entry (typically three to six months of training) and high earning potential, this alternate career path is becoming a popular choice for ambitious earners with extra time on their hands.

The Senior’s Guide to Becoming a Real Estate Agent as a Second Career

July 14th, 2020

For many of us, retirement is something we look forward to. Finally, we’ll be able to kick back, relax, and do whatever we want all day! However, did you know that over 20% of seniors actually choose to work during retirement age? Whether it’s to make some extra income or to stay occupied, holding at least a part-time job at 65+ years is becoming more attractive.