Each and every one of us works our tail off to make a living in real estate. But many times, we are products of our environments. Some of us live in areas where the market is extremely hot, while others are still struggling a bit to claw back after the housing market crash several years ago.

A new study conducted by SmartAsset revealed the 10 best cities for real estate agents in 2015.

The top 3 cities are:

1) Reno, NV
NAR statistics show the median home value in Reno jumped over 17% between Q1 of 2014 and Q1 in 2015. These higher prices have helped agents to net higher commissions, and the hot market means these agents are doing more business.

2) Lincoln, NE
A high turnover rate combined with a high rate of appreciation means more business and more commissions for agents.

3) Denver, CO
The Bureau of Labor Statistics shows Denver agents made a median income of $63,000/year, which is the third-most out of any city in the study.

The remaining cities include:

4) Salem, OR

5) Peoria, IL

6) Port St. Lucie, FL

7) Mobile, AL

8) Eugene, OR

9) Cedar Rapids, IA

10 Las Vegas, NV

Did your city make the list?

The post The Top 10 Best Cities to be a Real Estate Agent in 2015 appeared first on Real Estate Marketing and Property Marketing Blog by Single Property Sites.

If you practice real estate in Denver, you have likely already heard about the major controversy surrounding Denver-based brokerage Trelora, especially the news over the past couple of weeks.

Although this topic probably only interests my fellow Coloradoans, I wanted to post this and see what other agents around the country think about all of this.

If you have not heard, Trelora recently came under fire after they announced the launch of a searchable database that revealed specific brokerage commission amounts offered on every property in the Denver metro area. The database allowed home buyers to see the actual dollar amount a seller had set aside to pay a buyer’s agent. REColorado (a Denver MLS) then slapped Trelora with a cease-and-desist letter, claiming that the company had broken MLS rules that say brokers “may not distribute, provide or make any portion of the MLS database available to any person or entity that is not authorized by the MLS Rules & Regulations.”

Trelora has already created a stir in the Denver market because of their unique commission structure (or lack thereof). Trelora has done away with the practice of listing agents taking a listing at 6% and giving 2.8% to the buyer’s agent, and instead charges sellers a flat $3000 fee to pay the buyer’s agent. The listing agent only gets paid when they help a seller find a new home. In other words, it doesnt matter whether the purchase price is $100,000 or $900,000 the agent representing the buyer will still receive $3000 paid for by the seller.

Since REColorado issued their cease-and-desist letter, Trelora responded by agreeing to take down the commission displays from their database. They also attempted to throw other local brokerages under the bus by submitting a list of over 60 infractions of REcolorado rules across 30 other real estate websites.

So my questions to all of you are:

What do you think of the waves Trelora is making here in Denver?

Is this the type of change the real estate industry desperately needs, or is it just a desperate attempt for a company to make a name for themselves?

What would you think if a company in YOUR area did the same thing?

Please post your opinions in the comments below!

The post Denver-based Trelora under fire (again) appeared first on Real Estate Marketing and Property Marketing Blog by Single Property Sites.

Taking place on June 7th & 8th, the Mortgage Tech Summit focuses on peer to peer inspiration and consists of passionate professionals gathering to discuss mortgage origination and its intersection with technology.

Mortgage marketing professionals will be able to learn innovative workflow strategies for their business and hear clever ideas that beg to be implemented. Learn to automate your loan production and attract referral relationships with greater ease by building systems that allow for sustainable growth. Top-performing producers will be on hand to discuss how they are building and managing their pipelines.

Single Property Sites will be demonstrating our Loan Officer Mortgage Marketing System, showing how Loan Officers can connect with more REALTORS and market directly to Buyers through property co-marketing and single property websites.

If you or any of your mortgage friends are interested in attending, register today and come say hello! Hope to see you there!

The post Upcoming Event: Mortgage Tech Summit – June 7th & 8th, Denver, CO appeared first on Real Estate Marketing and Property Marketing Blog by Single Property Sites.