The transactional agent vs relationship agent, there are many differences. Yes, they are both real estate agents, but HOW they conduct and generate their business is drastically different. Having worked with hundreds of Realtors over my 10yrs in the Title business, it is easy to see which agents are more transactional and which are relationship based. You hear it in their marketing strategies and the way they talk about their “leads” and clients. Both kinds of real estate agents can be successful, though I have found that one of them has a smoother ride than the other. They typically can take more vacations, less stress (sometimes) and have a better time “enjoying” the job of helping people buy and sell homes. Lets discuss the qualities of the transactional agent vs relationship agent, how they conduct their business, and you can decide which agent you are, and if it’s the right business model for you.
The CFPB/TRID regulations are almost here…are you ready? Educated? Many of us are, some of us need to learn more about the upcoming changes and how it will affect their business going forward. Stewart Title (Nationally) and our local offices have been on the forefront of the CFPB for quite some time. I remember hearing about it in 2013 and wondering…“The CFP what?” Kind of the same thing that went through my head back in 2008 back in Phoenix, AZ when I first heard a client tell me she was taking on a short sale listing. “What the heck is a short sale?” We all know what Short Sales are and how they affected our business. Here are top reasons to work with Stewart Title after TRID goes into affect on October 3rd, 2015.
Today I’m doing something I don’t normally do, and that is have a “guest blogger” on the website. There are a lot of consumers out there looking for specific mortgage information when it comes to buying a home or refinancing. I reached out to my buddy Jay Richardson with MVB Mortgage in Fairfax, VA and had him provide some top mortgage questions and answers that would be the most helpful to the consumer seeking this information. Jay is very insightful, as he is consistently ranked in the “Top 200 Loan Officers in the USA.” Hopefully, these top mortgage questions and answers are helpful and provide a better understanding of your loan options.
Take it away Jay!!
In many instances when a homebuyer comes to the closing table to sign what seems like a mountain of paperwork, legally binding them to a property, they don’t always understand the extra $1000-$5000+ for “Title Insurance.” What many people don’t understand, or sometimes it is not explained that Title Insurance is a 1 time fee that protects homeowners. There are also different levels of Title Insurance coverage. You have the “Standard Owners Title Policy” and the “Enhanced Owners Title Policy.” There are major differences and I will discuss them shortly. When the new TRID/CFPB regulations go into effect (proposed October 3rd) the new forms replacing the HUD-1 paint a different picture on the Owners Title Policy. Here is why it is important to buy an Owners Title Insurance policy and how it can protect you as a homeowner.
July is here. That means “Half-Time” of the 2015 real estate year! Have you met the real estate goals you have set? (hope you did). Right around now is the time where Realtors and Lenders hit me up to help them “create more business.” Not because they haven’t had a successful year up to this point, but because the Spring Market is nearing an end, and the market tends to slow down with the start of vacation season. It also is the time where agents can reflect on what they have done so far, and what they want to do to improve going forward. Sometimes these things are big, sometimes, they are just small tweaks. Here are 5 real estate goals to set for the second half of 2015 that can help improve your business.
Getting up to date CFPB information is a good thing, especially when it comes from your trusted Title Company partner. Stewart Title has taken the lead in our industry at educating our Realtor and Lender partners on this issue that will effect everyone starting October 3rd 2015. Usually on this website I’m creating all the content myself and pushing it out to you, but this time I’m posting some very good CFPB Information to review regarding the new mortgage disclosures and any delaying of settlements.
As I teach real estate marketing classes and meet with agents throughout Northern Virginia and Washington DC, I get asked a lot of questions about technology, blogging, video, WordPress, and more. Many of these questions are similar and I felt that the best way to address some of the top blogging questions I receive is here…my website. My storefront. I don’t have the ability or time to address every single question I get from real estate agents, but I will address the most common questions that are the most common. It will be helpful to those agents who have decided to learn and understand WHY creating effective content results in online leads, clients, business, and commissions. Let’s address these top blogging questions, shall we?
Do you ever Google your own name? What do you find? Many people think that it is “vain” to Google your own name, but I can tell you that when you are a real estate agent or mortgage lender it is a MUST! You work hard to promote and sell your “Brand,” but you also need to protect your real estate brand by knowing what is being said about you online, who is saying it, and why. In this day and age virtually anyone can say whatever they want on social media channels, videos, or even websites like this one. Many people have blogs and YouTube channels set up and when they have a positive or negative experience with you they have no issue telling the world about it. There are several other reasons to protect your real estate brand by Googling your name, let talk about them.
Your ability to enhance and increase your real estate video traffic just go a lot better. How? YouTube Cards. If you have been using YouTube as your platform of choice for your real estate videos you might have noticed that there were some cool things you could do to your videos in terms of editing and enhancements to make your videos more attractive and draw in traffic. YouTube Cards is a NEW feature that allows you to insert “Cards” into your videos that are “calls to action.” If you know me or have been to any or my real estate marketing classes in the Northern Virginia/DC area I say that a very important part of your videos has to be the calls to action. Your goal is to get the person watching your video to do something else afterwards. Lets talk about YouTube Cards, how to set them up and use them in your videos.
In my previous blog I talked about some of the best WordPress Plugins that I recommend using if you are new to WP and looking to increase SEO and add value to your site. In this blog post I want to discuss the essential WordPress widgets that I recommend installing for your real estate website. Widgets are similar to plugins as they are also found in the “plugins store” on your WordPress site and they can also create ways for prospects who land on your site to stay close to you through social media and other avenues that I will discuss. Here are a few of the essential WordPress widgets I recommend checking out and downloading.