Calculate the lifetime value of your client. As a real estate sales professional, you likely get paid by commission. This commission is the culmination of hard work, marketing your services, securing your client, promoting the property and 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. 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. According to the REAL Trends 2016-17 Online Performance Study, the Lifetime Value of a Real Estate Client (LTV) is a real, calculable figure that takes into consideration several factors: Age of client Average years in a home Repeat business Referrals Adwerx built a free calculator to figure this out. Try it: http://www.adwerx.com/ltv_calculator LTV is the total inflow of cash resulting from your relationship with a client over the entirety of that relationship, not just a single transaction. So, the investment you were prepared to make in one client just changed. And here’s the catch: this calculation can make or break your…
Young home buyers are giving up the city life in favor of quiet neighborhoods, convenience in parking and morning jogs at local parks. In the past, millennials thought of the burbs as cookie-cutter homes and slow day to days. Now, it’s time to erase these stereotypes and see why young buyers are flocking over to buy homes in the suburbs. According to National Association of Realtors®, first-time buyers made up 35% of all home buyers. Millennials are increasingly buying homes in the suburbs. Let’s look at some factors on why millennial homebuyers are leaving the big city and going to a slower and quiet paced neighborhood. Land and Space People who lived in the city before understand that both land and space are limited. Suburbs have a number of parks, hiking grounds and greenery. Backyards are often on homebuyers wish list, the house itself isn’t enough. Young buyers want a yard for their dogs and a space to grow different plants and crops. Convenience While it’s exciting to have a city full of people and access to nightclubs and events, younger buyers are appreciating the convenience of getting around. Convenience driving to the grocery store, convenience making quick errands and…
It’s that time of the year, where we have to start prepping our home for dinner parties and guests. Preparing your home for the holidays is actually like prepping your home for sale. Here are some handy tips on some easy effortless ways to get your home ready for this season. We look forward to December as the holiday’s approach. Soon family and friends will be knocking on the front door with wine and happy smiles. As hosts, we want to make our home spotless and welcoming. Decorating the home and tidying up is just some standard ways we prepare our home for guests. Sometimes, we want to consider renovation project to spruce up our home both for guests and add value to our homes. 1. Guest Bathroom Renovation The bathroom is crucial when guests arrive. Since there is usually one designated shared bathroom, this is a great time to consider a bathroom makeover! There is an array of ways to spruce up your bathroom. Start with cleaning out your cabinets and stocking them with fresh towels. Add in holiday scented candles to the counters just to add a fun touch. If you are due for a full renovation, a…
Fall is here and October is fast approaching, which means your local pumpkin patches are popping up everywhere. We compiled a list of the best pumpkin patches in Orange County to help you decide the best spot for your pumpkin hunting this season.
Millennials make up 1/4 of the total U.S. population and have overtaken Baby Boomers as America’s largest generation. This infographic breaks down how Millennials are buying homes and their place in the real estate market. Embed This Image On Your Site (copy code below): Courtesy of: Realty ONE Group
With the oncoming of October, now is the perfect time for pumpkin carving, trick-or-treating and Halloween movie marathons. These classic Halloween films featured on the list are not only beloved but also use interesting and compelling homes as their settings. We ran down through a few favorites and the “boo-tiful” houses featured to get you in the festive Halloween spirit!
Realty ONE Group’s unique team model offers agents the luxury of entrepreneurialism, without the headache and burden of actually starting their own businesses. Embed This Image On Your Site (copy code below): Courtesy of: Realty ONE Group
Fall Home Decor Trends
As the season begins to change, now is a great time to incorporate some trends that are warm and inviting to truly capture the feeling of fall. Pick up a few new ideas and decorating trends to get inspired and transform your home for fall!
Mix it up! Make your home warm and inviting by incorporating different textures and elements. Transform your living space by infusing old with the new. Display your interests and hobbies on the shelves and walls to show off your personality.
Artisanal Craft Finds
Handmade pieces add warmth and a sense of individuality to any home. It also brings a rustic element that’s cozy and perfect for fall. Pieces like fur or furniture with unique global patterns make a space feel cool and mix things up.
White and Gold Fall Pumpkins
Add a touch of glitz and glam to your fall centerpieces and decor with gold pumpkins. Put a twist on the traditional pumpkins to add touches of unexpected gold in your home. Easily spray paint any fall home decor pieces you have to achieve this look on a steal.
Get away from the typical warm reds and oranges of fall and try out neutrals and beige tones. Whites and neutrals help to brighten up a living space and make it feel larger. Add warm, cozy knit blankets and neutral colored design pieces.
This neutral colored material adds a certain degree of polished elegance into any area it’s incorporated into. There’s need to break the bank either by redoing your countertops to achieve this look! Simply incorporating a few pieces such as this cutting board tray help to update your home decor for fall. The best part is that marble transitions perfectly into the winter season for a crisp, clean look.
More Americans are choosing to cohabitate with their partners and delay marriage. Between 1990 and 2007, the number of unmarried partners who were living together increased by 88% (CPS, 2007). While the thought of moving in with your boyfriend or girlfriend can be exciting, there are some crucial things to consider before taking the plunge.