7 ways to recession-proof your real estate business
A recession doesn't have to wreck your business bottom line, coach Darryl Davis writes, but ignoring the warning signs can set you up for financial disaster
by Darryl Davis May 8
7 recession-buster tips to save money during a downturn
Now is a great time to cut expenses where you can and put the savings into financial instruments that will take care of you down the road, trainer Rachael Hite writes
by Rachael Hite Apr 9
5 key steps for identifying and dealing with toxic leadership
If you're in a toxic workplace environment, team leader Carl Medford offers insights for identifying the issues and removing yourself from unhealthy professional dynamics
by Carl Medford Apr 3
25 unique ways to cut brokerage costs (without killing growth)
Every dollar you keep is a dollar you don’t have to chase in sales, Chris Pollinger writes. The best brokerages don’t just earn more — they keep more
by Chris Pollinger Mar 27
Stop the presses! NAR ceases printing its flagship magazine
As it seeks to slash costs to pay a $418M lawsuit settlement, the National Association of Realtors announced on Tuesday it would stop printing 'Realtor' magazine and move to a digital-only format
by Taylor Anderson Feb 19
Eyeing next refi boom, lenders plan to maintain or grow payrolls
Lending industry leaders surveyed by Fannie Mae see the lack of housing supply as the biggest risk factor in 2024, but most expect refinancing to pick up next year if rates continue to fall
by Matt Carter Jul 22
Rocket stays profitable in Q3 but still in the red for the year
Cost-cutting helped the Detroit-based mortgage lending giant rack up its second consecutive profitable quarter, but at $61.45B, 2023 mortgage originations are down 46% from a year ago
by Matt Carter Nov 2
The activity with best ROI? It's old-school networking, Intel poll shows
Agents are doubling down on networking to drive business in tough times, according to results from the Inman Intel Index, excerpts of which are available to Select subscribers for the first time
by Lillian Dickerson Oct 25
Real estate has trimmed its losses. But 'winter is coming': DelPrete
Even as real estate companies cut costs and narrowed losses in the second quarter of 2023, the third quarter may deliver the truest test of their financial mettle, Mike DelPrete told Intel
by Daniel Houston Aug 30
Take care of your money and it’ll take care of you: The Download
Each week on The Download, take a deeper look at the top-read stories of the week so you can meet Monday head-on. This week: NAR's membership fee hike and balancing your budget
by Christy Murdock May 12
Overspending? Here’s how real estate agents can rein it in
Overspending is a challenge that almost every real estate agent has to face. However, with the right strategies in place, you can rein in your spending and significantly grow your profits
by Darryl Davis May 10
Now, more than ever, it's time to tighten your belt: 6 cost-cutting tips
If you're looking to cut costs while building your business, this list offers plenty of areas to rethink, regroup and reduce spending
by Darryl Davis Mar 22
10 financial don’ts heading into a recession
Impulse purchases may come back to haunt you when you are presented with an investment opportunity but have no ability to capitalize due to past financial recklessness
by Carl Medford Nov 11
Overhead expenses out of control? Tame your brokerage budget with these 5 tips
Opinion
Controlling costs is essential when running a brokerage. Here's how to keep your eye on the bottom line for greater profitability
by Ian Hoover Jul 14