Archive for August, 2015

Since the fall of the housing market in 2008, the new career as a real estate agent became about more than simply selling houses in their market. With a large part of the population losing their homes, the new mission transformed into something much deeper than the money involved in house transactions. As the market lifts itself back up again, the next mission of the real estate agent is to bring homes back to the people of America, and give them a chance to relive the lives that were lost.

Alex AnninosThis new transition towards a people-business has been a good change for the industry, as the hostility of competitors and companies gave room for people to begin consolidating in the markets and working together for shared profits. The opportunity is still there, and since 2008, it is more prosperous than ever, as the population continues to grow.

Many real estate agents all over the country, both new and veteran, have adopted this new philosophy for the industry. Alex Anninos, a real estate agent in Massachusetts that began his career during the market crash, formed his entire career out of the mindset of helping others achieve their dream of a home. With so many committed professionals in the industry, the housing markets of the US will have the chance to reach full recovery, and truly blossom for the people of the nation.

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All the websites I keep stumbling on are faulty, ugly and out-of-date. Yet, Real Estate business is one of real businesses transacting loads of dollars. What am I missing?

Why are there no startups solving the Real Estate problems?

The industry of real estate uses a lot of networking power, and is comprises of many companies and groups of team agents, with very few independent investors. Why are real estate teams so prominent in the industry, and how does it benefit you as a real estate agent? While group collaboration doesn’t work in some industries, in others it creates massive success, and in real estate specifically, it can mean the difference between a deflated housing market and a thriving one.

Alex AnninosThe burst of the housing market bubble in 2008 caused a lot of trouble in the industry, stirring up multiple different negative factors that lead thousands of people losing their jobs, and thousands more losing their homes. There needed to be a solution, and in an area of the professional world that is so crucial to a society, it needed to be done quickly. Under the circumstances, there wasn’t many options for those who were left in the real estate industry. Their only option was to band together into units that capitalized on a single housing market, tethering their networks together to survive.

Now that the method has been proven to make it through a recession, it is a very prominent method of business in almost every market in the US. Consolidation was proven to be powerful, and having that team power made for an easier flowing market. Alex Anninos, a team member of Massachusetts’ Mavroules Real Estate Team, admires that his career has flourished so well because of the teams that he has been a part of. Getting started in real estate during the burst of 2008, he learned quickly how the unity of teams in one market made it easier to grow a market and a career.

When Facebook first went online, and social networking was first introduced to the world, one of the most popular ways to feel socially powerful was by “friending” as many people as possible. Thousands of friends would be made to a single person, giving the illusion that they held a powerful network. And while there may be some strength in the size of a network, one of the most important elements to that strength comes from the quality of each relationship made.

Alex AnninosNo use will be found from a person that is met and never cultured into a network. Just because a person’s name and contact information are exchanged between two parties, does not necessarily mean that they will become resourceful in the future. This is one of the biggest setbacks to the digital age, as people are making more relationships with others faster, but of such low quality that their substance is almost null.

The best tip for the future is building quality relationships, not just relationships in general. Getting to know people in a network will prove exponentially more useful than simply attaining thousands of connections in a network. Alex Anninos discovered this while growing his real estate career in Massachusetts. Arriving into the market just after the housing bust of 2008, he had to rely on his networking skill to grow his career and make a prosperous living. Being intuitive with the network that is held is the key. Only then will the size be proven to become extraordinary.

There are many considerations involved in finding a new home, and that includes whether to be in the quiet of a rural area, or the bustle of an urban or suburban area. There are benefits to all three, but the city provides the most enjoyment and opportunity for new experiences! The life of a city citizen is astounding, and full of different options, giving the new resident many different benefits that rural areas just don’t have available!

Alex Anninos

Alex Anninos

The more populated an area is, the more diversity will be found. In every aspect of that city, there will be more options to choose from. Whether it be businesses, friends, people, or activities, the city gives you more to look at, and much more to do than the rural life. While living outside of a city might lend the use of being quiet and having less people, those people are what you are stuck with. In the city, however, there are choices of where to be, and who to be with at any time.

The city also has more resources available. One of the largest setbacks that comes with living in a small town involves the lack of specialties, professionals, or certain niche aspects that people need. Alex Anninos, a real estate in a Massachusetts city, mentions that his clients and customers move to the cities he represents mostly out of the need to have everything available. This is a luxury that rural communities can’t have, and a big reason to move into your nearest city.