Commission checks don’t come on a schedule, and the market doesn’t wait for you to get your finances in order. That’s why Inman spent September — Money Matters Month — taking a walk on the money side of real estate: both what you earn and how to keep it.
The month covered a lot of ground, from markets to marketing. Inman contributors focused on investing, retirement and deal-making, all against the backdrop of higher interest rates and market pressures.
ICYMI, here’s a roundup of this month’s best financial advice, so you can get all caught up.
3 steps every agent needs to take before working with
Contributor “Tracey, the Safety Lady,” Hawkins warns that agents and consumers need to look both ways before using crypto for real estate transactions.
What to do financially when the market shifts under your
A softer market doesn’t require you to spend more to generate business, coach Bob Burns writes. It requires a different mix of resources.
How to fund an investment property without touching your business’s cash
A down payment doesn’t have to come out of your next commission check, CFP Amanda Neely writes. Here are five steps to build a real estate portfolio that runs on its own money.
From vacant land to wire fraud: What Realtor safety means in
Criminals have infrastructure and patience. Chris Atwell shares how real estate professionals can fight back against today’s biggest risks.
Why are mortgage rates on the rise? Numbers to
Windermere’s Principal Economist Jeff Tucker looks at the Federal Reserve’s latest pivot and other numbers to know this month.
The Fed just made you more valuable. Here’s what you do
The Federal Reserve will keep moving rates, coach Darryl Davis writes. Your job is to help the client in front of you understand what’s happening and how it impacts them.
3 ways advertising your volume is killing your
Real estate coach Bob Burns writes that agents should spend less time touting production stats and more time advertising the outcomes they’ve created for their clients.
Short sales explained: Why now is the time to hone your skills
Short sales are back. In this week’s America Answers column, America Foy lets you in on everything you need to know to help distressed sellers.
The appraisal gap: How top agents keep deals
Most appraisals don’t fail because of bad comps; they fail because of missing context. Troy Palmquist shares how listing agents can work with appraisers to support more accurate valuations (and protect the deal).
How to know you’re actually ready to start investing (not just
Savings and wealth-building aren’t the same skill, Certified Financial Professional Amanda Neely writes. Here’s a five-step way to tell which one you’re actually doing.
How to build retirement security without an employer
No employer match, no one auto-enrolling you in anything. CFP Amanda Neely shares five ways to build lasting retirement income anyway.
Why real estate agents are the worst investors — and how to fix it
In this episode, Wealth Without Wall Street’s Russ Morgan challenges how real estate pros think about investing, retirement and financial freedom.
The refinish-vs-replace conversation, in dollars and cents
Agent and flooring specialist Alex Veit writes that understanding hardwood flooring pricing and processes allows you to provide pre-listing options to your seller clients.
Money Matters Month is here. All September, Inman is focused on the financial side of real estate — the part nobody teaches you when you get your license. How to budget through lean times, protect your profits when business is good and find new ways to grow your bottom line no matter what the market is doing.
