Listing & Marketing
What does MLS stand for?
Multiple Listing Service
Low inventory, high demand market?
Seller's Market
What is the name of the First American platform agents use to help them with their business?
IgniteRE
What is the purpose of the Texas Real Estate License Act (TRELA)?
To protect the public by regulating licensees
Who is your office manager?
Tiffany Hewitt
What is the local MLS called?
HAR
Opposite of seller's market?
Buyer's Market
What is one of the portals in our IgniteRE platform?
Properties
Marketing
Farming
Calculators
Transactions
Who enforces TRELA?
Texas Real Estate Commission (TREC)
Who is the chairman of Berkshire Hathaway Inc?
Warren Buffett
First step in preparing a home for market?
CMA (Comparative Market Analysis)
Months of inventory for balance?
5-6 months
What is the name of the new buyers portal where they can monitor their property for fraud?
Owners Portal
What happens if an agent practices without a license?
They can get in trouble
Cease and desist order, fines, or criminal penalties
What marketing platform is used by BHHS agents to manage listings and campaigns?
What is Marketing REsource?
Making home visually appealing?
Staging
Comparing sales prices?
Comparable market analysis (CMA)
What do I help agents with?
Marketing
Farming
Branding
Growing their business
Accountability Partner
What can happen if an agent violates fiduciary duty?
They can get in trouble
Disciplinary action, suspension, or revocation
What core value emphasizes doing the right thing, even when no one is watching?
Integrity
Tool for 360 degree online property view?
Virtual tour
Measures sales vs listings?
Absorption rate
Who is your favorite First American person?
Me - Also anyone one else with First American
What is the maximum administrative penalty per violation by TREC?
Up to $5,000
What annual event recognizes top-preforming Berkshire Hathaway agents?