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Believe in your successful real estate entrepreneur skills but never stop improving

Believe in your successful real estate entrepreneur skills but never stop improving
Real Estate Entrepreneurs Without This Trait Have a Much Lower Chance of Success If you truly break down the top real estate executives that have really strong, highly effective teams that love to work together you will find their leader will be, tenacious, have vision, forward thinking, team leader, good communicator but first and foremost they will have emotional maturity. If you are without an awareness of your own emotions and the ability to manage them, you won’t be able to manage other people or your business effectively. What is emotional maturity?  Emotional maturity is when someone can manage their emotions no matter their circumstances. They know how to respond to tough situations and still keep their cool. It's a skill set they can consistently work on over time. Here’s a good example- an employee makes a mistake, your immediate response might be to correct the mistake and move on. An emotionally mature leader would notice that impulse, then decide if it may be better to listen to why the team member made the mistake and walk them through the thought process and see if there is a possibility there could be a more effective method for long-term success.  Building a strong team is easier with emotional maturity.  Today more than ever your organization achieves its goals through a series of zoom calls, conference calls, daily conversations, interactions and decisions. These interactions involve humans, and the more emotionally intelligent we are, the more effective your team will be on all levels. Inv......
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Effect of Airbnb on The Rental Market

Effect of Airbnb on The Rental Market
With a real estate market where more than 80% of home seekers are leveraging online search tools, it was only time before an application like Airbnb was launched, with a rather unique twist, to address a special market of accommodation seekers. Have you ever, at any one time, wished you could comfortably rent out part of your home to people seeking accommodation, even for just a night? If yes, then you’d definitely be pleased with Airbnb’s system, which connects individuals willing to rent out part of their homes to travelers and accommodation seekers. So far, the company is valued at more than $25.5 billion, and is increasingly growing in popularity among home owners and tourists- including business travelers seeking executive accommodation in plush homes. So, how does this affect the overall rental real estate market? Is Airbnb the realtors’ golden hen, or the prince of doom? What are its merits and demerits? To entirely analyze its effects, it’s critical to first comprehend what it is and how it actually connects all the parties involved So, What Exactly is Airbnb? According to the company’s website, Airbnb offers “a trusted community marketplace for people to list, discover, and book unique accomodations around the world…..” Even with property listings from over 192 countries, the company is still planning to expand and establish itself in many other prime travel destinations worldwide. Apart from the fact that it helps homeowners monetize part of their homes, Airbnb is a favorite because it allows individuals to list their properties completely free of charge. T......
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Should real estate agents want a rental department?

ATS 6.17.14

Given the recent upswing of homeowners-turned-landlords happening in the marketplace, some real agents might be considering adding a rental department to their office. If you find that you are taking on more work in the form of filling rentals lately, it could be beneficial to hire someone strictly for the purpose of overseeing the firm’s property management interests.

ATS 6.17.14

Your firm could benefit from this in several ways. Having a dedicated PM on site will free up agents to do more selling, and therefore provide better customer service to the landlords who are entrusting you to oversee their tenants’ needs. It can also bring in new business, because property owners who then decide to sell will look to hire your firm to do the listing.

Having a separate rental department is a great way for agents to bring in multiple streams of income, and solidifying their reputation as a major player in the area housing industry.

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