Posts made by author 'Michael Minard'
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- 2026 | 29 Posts
- 2025 | 96 Posts
- 2024 | 114 Posts
- 2023 | 143 Posts
- 2022 | 188 Posts
- 2021 | 204 Posts
- 2020 | 190 Posts
- 2019 | 118 Posts
- 2018 | 122 Posts
- 2017 | 164 Posts
- 2016 | 95 Posts
- 2015 | 68 Posts
31
Brokerage Leaders Are Betting on 2025 – Time Will Tell If They're Right
Brokerage leaders haven't been this confident in years.Â
Our latest real estate leadership survey shows a sharp jump in optimism. Two-thirds of brokerage leaders we polled at the end of last year expect higher profits in 2025.Â
More importantly, over 70% predict an increase in transaction volume: it's th...
18
Why Brokers Must Keep Their Investments in SEO Intact
Real estate brokerages are experiencing enormous pressure on their already razor-thin profit lines as they face declining sales volumes, mortgage rate uncertainty, stagnant inventory, recruiting and retention contraction, commission compression, agent productivity reduction, the impact of team growth, and threats of new lawsuits.Â
RTC Consulting reports that real estate brokerages' average gross margins are less than 14%, and net margins are less than 4%.
8
Being A Leader Means Bringing A Sense Of Belonging
It's human nature to want to belong somewhere. I think one of the best words to describe this idea is belongingness, which Merriam-Webster defines as "a sense of belonging."
I believe this inherent need for belongingness is a major reason why social media has become so popular. In our busy, physically disconnected yet technologically connected society, we feel a sense of belonging through being friends with those we know virtually, no matter the physical distance, via social media or online.
This whole idea of people wanting to be a part of something is very important whe...
11
Forward Thinking And The Real Estate Industry
We all admire forward thinkers: people who envision what others are incapable of seeing.
When I think of forward thinkers, I think of people like Steve Jobs, Albert Einstein, Henry Ford, and Elon Musk, just to name a few. I still remember back in 1997 when Steve Jobs put an end to the Newton. I loved the Newton but didn't like how it had to be docked to a computer to synchronize all the data. Later on, when Steve Jobs opened up about why he put an end to the Newton, which was very popular at the time, he said that it was because he envisioned a device that could be connected wirelessly and synchronize wirelessly in real-time. And, since the Newton couldn't do this, it didn't make sense to him. That sounds funny today, but in 1997 it was crazy thinking, and Steve Jobs got blasted for getting rid of the Newton. We now...
26
The Culture of Your Team is a Purposeful Thing
Talk to any business coach, consultant, or leader, and inevitably at some point, your conversation will turn to talk of business culture. Although, sometimes the culture conversation isn't direct, and, sometimes, the word itself might not even come up. Things such as core values, mission statements, the interviewing process, the employee review process etc., etc., etc., might dominate the discussion, but, still, at its core, what you're talking about is culture.
And there's no way to undersell just how important culture is — both in your real estate business and beyond.
In the past ten years, my CEO peer group has often had at least one well-known speaker and, typically, book author, discuss business culture. This past year we had one such speaker that t...
