Members of the newly formed Century 21 Franchisee Leadership Association met with corporate leaders for the first time recently to discuss concerns involving the new Century 21 franchise renewal agreement.
To understand why some brokers wouldn't live without the shield of E&O and why others haven't--literally or figuratively--bought into the concept, we interviewed two brokers on each side. Here are their stories.
Today, when you get sick, you may end up at your health maintenance organization. In the not too distant future, real estate will be bought and sold through your friendly neighborhood realty service organization.
To learn what other factors influence where top producers hang their license, and other information about what top producers like and don't like about their broker, NAR sent surveys to 5,000 top salespeople whose production had been verified by their company.
In its relentless drive to transform homebuying and raise profitability levels among salespeople and brokers, Century 21 is churning out one new marketing concept after another. The latest in its wave of initiatives is Century 21 Communities.
We invited five brokers and managers--representing three discount and two traditional commission companies--to discuss ways that commissions and fee structures are evolving in the marketplace. In this final segment, they talk about differences between traditional and discount brokers.
Prospective salespeople need to analyze their ability to run a business, and brokers need to help them do that analysis rather than just recruit to fill desks. Before affiliating recruits, brokers should get concrete answers to these three questions.
We invited five brokers and managers--representing three discount and two traditional brokerage companies--to discuss ways that commissions and fee structures are evolving in the marketplace. We also asked them what conflicts the changes are creating for both traditional and discount brokers. Here's what they said.
A report just released says building owners and managers nationwide saw growth in net operating income for the first time in five years. That's because the cost of utilities, maintenance, management, and security declined last year, with utility costs dropping the most.
Now that HFS claims Century 21, ERA, and Coldwell Banker as its own---while looking to acquire still more real estate organizations---is a shakeout inevitable? Or will the purchase of upscale Coldwell Banker---or any other company---by the world's biggest hotel franchisor go largely unnoticed by practitioners and consumers?
Tina Garcia, president of Special Properties Inc., Woodbridge, Va., has become one of a few real estate practitioners who've landed an exclusive contract to provide services to a branch of the military.
Century 21 brokers can expect higher profit margins as a result of new brand extensions, new products and services, and ancillary business opportunities, according to Bob Pittman, managing partner and CEO of Century 21 Real Estate Corp.