Benchmark Among Top 100 Firms In North America

Benchmark Realty was recently named among the top firms in the nation by REAL Trends! REAL Trends is the trusted source for news and research about the real estate brokerage industry. They announced the results of the 2018 REAL Trends 500, an independently verified compilation of the nation’s leading residential real estate companies. According to a research report produced by REAL Trends, the 500 largest residential real estate brokerage firms in the nation closed over 3.2 million residential sales transactions in 2017. These transactions represent approximately one-third of all new and resale transactions completed by brokers during the year, yet the REAL Trends 500 represented less than one-half of one percent of all brokerage firms. The 500-ranked brokers closed 3.2 million home transactions with a value of over $1.1 trillion during 2017, up from $1.0 trillion in the calendar year 2016. “Housing sales in the nation were up 1.1 percent in 2017 from 2016. REAL Trends 500 firms were up 3.3 percent in the same period,” said Steve Murray, president of REAL Trends. “For the fourth year in a row, the nation’s largest brokerage firms gained market share.” It took 1,899 transactions to be included in this year's REAL Trends [...]

By |2018-04-03T17:15:23-05:00April 3rd, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on Benchmark Among Top 100 Firms In North America

2017 A Great Year At Benchmark Realty

2017 was a great year for Benchmark! Our team hit new milestones, not only for the company, but for the industry in the state of Tennessee. We're excited to continue down the path of growth and innovation and hope you'll join us along the way!

By |2018-03-19T10:46:16-05:00March 19th, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on 2017 A Great Year At Benchmark Realty

Cost Saving Tax Ideas for Real Estate Agents

Tax season is almost here, and as real estate agents, we have a number of expenses that can help us reduce overall taxes. The easiest way to take advantage of your deductions is to document all of your spending. If you didn’t keep good records in 2017, start now to make the next tax year easier. Here are a few things to keep in mind: Home Office & Office Space Your home office expenses can be a valuable tax deduction. From utilities and office supplies to furniture and desk fees, money spent on office space can lower what you owe in total taxes. Buying a new computer or tablet to use at least part of the time for work? Be sure to note it as a business asset. Drive Time Real estate agents spend a fair amount of time on the road, traveling to meet clients and showing potential homes. Be sure to take note of auto expenses and mileage when preparing your taxes. Other travel expenses like hotels for training seminars can also help. Client Relations and Lead Generation Do you regularly treat your clients to meals entertainment? These expenses, along with client gifts (under $25) can be valuable [...]

By |2018-03-07T09:49:18-06:00March 7th, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on Cost Saving Tax Ideas for Real Estate Agents

7 Best Apps or Websites to Find a Home Fast

When it comes to purchasing a home, a number of online resources are available to help you get a feel for home prices and available properties, but not all apps are created equal. We’ve put together a quick list of tools to make the home buying process faster and easier. The Benchmark Realty App and Website If you’re working with a Benchmark agent, you’ll get access to our exclusive app. By pulling data from the most accurate and updated listings, the app provides a much more real-time look at the market than tools like Zillow or Trulia. Plus, you’ll be able to search by neighborhood and subdivision to help you find the right homes in the areas you want to live. Find Open Houses at the Website or App Looking for upcoming open houses? Check out Realtor.com, which includes open houses in their search results, making it easy to find houses you can stop by and visit during your hunt for a new home. Finding the Best Schools with Great Schools Website or App If you have kids in the picture, finding quality schools may be at the top of your list when choosing a neighborhood. GreatSchools allows you to [...]

By |2018-03-01T17:00:57-06:00March 1st, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on 7 Best Apps or Websites to Find a Home Fast

Benchmark Joins Innovative Agencies in Relaunched Beta Brokerage Project

This year marks the tenth anniversary of the Better Homes and Gardens Real Estate (BHGRE) Beta Brokerage project, an online network of pioneering brokerages. A salute to entrepreneurial spirit, the program connects our industry's leaders to allow all real estate professionals to benefit from innovative ideas and execution. Benchmark has been featured for the second time, having been one of the original companies in the BetaBroker Program. As a part of the tenth anniversary, the Beta Brokerage program has launched a new website and a platform meant to empower real estate professionals to gather and employ best practices across marketing, operations, technology, business planning and more. For that relaunch, Beta Brokerage assembled a core group of 20 brokerages that are doing things differently to provide ideas for business strategies, offering a different take on long-established practices from trailblazers in the industry. For Benchmark, Beta Brokerage describes our take on the industry as the right business model at the right time. You can call our model 100 percent commission with a twist. We offer three plans for agents: a flat annual fee, a flat monthly fee, or a smaller monthly fee with a closing fee added on top of the first [...]

By |2018-02-21T14:54:01-06:00February 21st, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on Benchmark Joins Innovative Agencies in Relaunched Beta Brokerage Project

Benchmark Celebrates Mt. Juliet Office Success, Unveils New Space

We opened the doors to our first office in Mount Juliet in 2017, and we’ve seen huge success. In less than 18 months, we’ve added so many agents that we were bursting at the seams. We commemorated our growth by unveiling our new space, more than doubling the size of our original office, and inviting more than 150 people through the doors to help us celebrate. Thank you to everyone who joined us for this exciting benchmark (no pun intended). Vendors, agents from all six of our offices, and members of the community helped us mark the occasion. We were also privileged to welcome real estate professionals from other companies who were curious to see firsthand what all the hype has been about. Two Fat Men Catering provided food and dessert. Other than the space itself, it may have been the highlight of the party, with many people seen leaving with plates to enjoy after the event. Don’t worry, we won’t name names.   We also wanted to extend a special thanks to Beci’s Bags & Baskets for holding a drawing for a customized Nashville Predators Gift Bag, a door prize for one of our lucky attendees. We look forward to [...]

By |2018-02-15T09:18:41-06:00February 15th, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on Benchmark Celebrates Mt. Juliet Office Success, Unveils New Space

Not All Online Real Estate Leads are Created Equal

Many real estate agents view online leads as either paid or organic (free). While organic leads may seem more ideal than shelling over money for a lead, in the long run, an agent may get better results—actual closings that lead to commission—by paying for a lead. At the end of the day, this two-pronged breakdown of leads is lacking for an agent who is really looking to grow their business. Instead of viewing online leads from the paid versus organic point of view, consider categorizing leads based on the cost of generation and the length of time it takes for a lead to culminate in a closing. This can help you avoid chasing free leads that go nowhere. Make these three categories your new approach to online leads: inquiry, registration and social. Inquiry Leads Potential customers inquiring for specific information about a property, home value estimate, or the services an agent provides often result in a sale. These people have already made the decision to buy or sell, making them much more likely to close in the near future. While more expensive than other leads, if you have the means to purchase inquiry leads from sites like Zillow, Trulia, and [...]

By |2018-02-15T09:19:47-06:00February 7th, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on Not All Online Real Estate Leads are Created Equal

What to Look for in a Real Estate Assistant

The new year is here, and you may be looking to take your real estate business to the next level by hiring a licensed assistant. But what makes the perfect assistant? We put together a list of characteristics to look for when hiring as well as a quick overview of what tasks you should hand over once you have your assistant in place. What Makes a Perfect Assistant? When deciding who to hire to help you take your business to the next level, there are a few things to keep in mind—and to include on your job listing. The best real estate assistants are detail-oriented so you don’t have to be. They keep on top of managing your schedule, your documents, and everything in between. Of course, a good assistant also needs to be service-oriented as they’re working to not only make your job easier but also to provide a good experience for any clients they may come in contact with. Freeing up Time to Make More Money The most important thing an assistant gives you is more time, and as a top-performing agent, it’s up to you to make the most of it. By giving your assistant the administrative [...]

By |2018-02-15T09:20:12-06:00January 31st, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on What to Look for in a Real Estate Assistant

Financing Must-Knows for First-Time Homebuyers

Are you looking to purchase your first home in the new year? There are a few steps you can take on the financing front now to make things easier when you’ve found the right house. Gathering the Right Documents Most mortgage companies require paperwork covering both your financial and renting histories. From student loan payments and debts paid by a third party, to your annual income, all of these pieces will play a part in the size of the loan you’ll be able to qualify for. Accessing Your Credit Report Go ahead and get a copy of your credit report and scores now. If the report doesn’t reflect all of your monthly student loan payments, you’ll need to contact your loan service provider to get this information. Also you can dispute any problems you see on the report, and get a head of any time lapses that would cause doing it at a later date. Preparing for Upfront Costs For closing costs and down payments, you’ll need to have a lump sum of money on the front end. If you’re getting a gift from a relative to help cover part or all of this cost, you’ll need to provide your [...]

By |2018-02-15T09:20:31-06:00January 24th, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on Financing Must-Knows for First-Time Homebuyers

Should I Wait Until Spring to Sell My Home?

In the colder months, it can be tempting to settle down and wait for things to warm up before you put your property on the market, but if you’re ready to sell, don’t wait. The right time is now! Less Competition During the Winter With fewer houses on the market during the winter, yours will stand out more. Plus, the lack of competition this time of year may mean you can set a higher sales price than buyers will be willing to tolerate when spring rolls around. That’s because most people looking to buy a home in the winter are often more serious about making a purchase. Fewer New Homes on the Market Colder temperatures mean less new construction, so your house won’t have to compete with as many brand-new ones this time of year. Just add a coat of neutral paint and some winter greenery or flowers like mums or pansies for a fresh look. The Best Time to Sell Raw Acreage Have raw land or acreage that you’re looking to sell? The time couldn’t be better. With leaves down from the trees, potential buyers can better see the property, which is especially important if your land has a [...]

By |2018-01-18T14:35:55-06:00January 18th, 2018|Agent Blog, Blog, Consumer Blog, Featured Blog Posts|Comments Off on Should I Wait Until Spring to Sell My Home?
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