SOUTH CAROLINA 3-7-22

SOUTH CAROLINA EDITION

HOW TO SPEED UP FIRST-TIME HOMEBUYER TRANSACTIONS

MILLENNIAL BUYERS: WHERE THEY ARE & WHAT TO KNOW

EASY BLOG TOPICS FOR YOUR REAL ESTATE BLOG

COVER STORY

6 HABITS OF HIGHLY PRODUCTIVE AGENTS

RACHEL URSO

SOUTH CAROLINA EDITION

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RACHEL URSO

CONTENTS

Founder and CEO of Rachel Urso Real Estate, Rachel overlooks and operates two real estate offices with a select team of shining individuals based in Charleston and Sullivan’s Island.

4) HOW TO SPEED UP 16) MILLENNIAL BUYERS: FIRST-TIME HOMEBUYER WHERE THEY ARE A force to be reckoned with in the real estate based in Charleston and Sullivan’s Island.

She industry of Charleston, South Carolina, meet states their team “does not limit themselves,” sharTRANSACTIONSRachel Urso, Realtor of Distinction - Platinum ing&thatWHAT TOCarolina KNOW they serve all of South as well Circle which is the highest level of recognition in real estate sales and awarded to only the top 2% of agents.

as worldwide referrals. Rachel has been seen on HGTV, ABC, FOX, The Today Show, and other networks. She is in the top forty of over 7,600 realtors in Charleston.

14) EASY BLOGFounder and CEO of Rachel Urso Real Estate, 20) 6 HABITS OF Rachel overlooks and operates two real estate Rachel’s a powerhouse with a driven personality TOPICS FOR YOUR HIGHLY PRODUCTIVE offices with a select team of shining individuals as a successful businesswoman which is evident REAL ESTATE BLOG AGENTS Copyright Top Agent Magazine

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How to Speed Up First-Time Homebuyer Transactions Working with first-time homebuyers can be among the most rewarding real estate transactions an agent can embark upon.

Not only are you helping guide newcomers into the housing market, but you’re also witness to the excitement and triumphs along the way, including handing over those keys for the first time. While 4

helping first-time homebuyers navigate the transactional process can be a reminder of real estate’s benevolent power, it can also come with its own bumps and bruises.

So, what’s the best way to streamline the homebuying process for first-timers, while maintaining the magic and keeping your sanity along the way?

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While helping first-time homebuyers navigate the transactional process can be a reminder of real estate’s benevolent power, it can also come with its own bumps and bruises.

Set expectations upfront and often.

It’s no secret that communication is a cornerstone of a successful real estate practice and client relationship. Amidst a transaction as complex as buying (or selling) a home, it’s important that no wires get crossed, no questions go unanswered, and no information gets lost in translation. To accomplish this, create communication parameters with your clients up front. Inquire about the communication medium they’re most comfortable with—a text, a call, an email, etc.

Then, tailor your outreach accordingly.

Also, consider setting a weekly time to check in, even if no official progress has been made. This helps clients and agents touch base, float questions and concerns, and get ahead of any problems or developments. Another helpful tool is to draft a transaction timeline for your client that outlines the major milestones along the way, what sort of information will need to be gathered, what steps taken, and what outcomes are possible. This might seem like exhaustive work, but in the era of digital research, clients will come to their own conclusions and biases Top Agent Magazine

whether you like it or not. To stay on the same page and timeline, be the foremost resource for your client, and don’t leave their questions up to chance.

Know your first-time homebuyer programs and perks.

There are a variety of national, state, regional, and local grants and programs that aid first-time homebuyers as they pay their down payment, shop for home or mortgage insurance, and otherwise deal with the financial implications of becoming a homeowner. Sometimes these programs are neighborhood-specific in certain cities, with incentives to buy in up and coming areas. In some cases, there are grants that support underrepresented minority communities breaking into homebuying, and these can go a long way in making the burden of a down payment and associated fees doable. In other words, do your research.

The right program or grant could make the difference in nabbing a dream starter home for your client, while setting them up for future financial success.

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Get pre-approved for a mortgage—and shop around for the best rate.

Not all mortgage rates are made equal. As an agent, you likely have good relationships with area lenders that you trust, but it’s still important to complete your due diligence when helping first-time homebuyers find the rate that suits their longterm housing goals. Also remember that first-time homebuyers are new to this process, and while real estate transactions are complex in their own right, the borrowing and lending processes can be alienating in their complexity. As an agent, it’s your job to play intermediary and teacher, ensuring your clients know their options, are prepared to make an educated decision, and

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feel confident that they’ve chosen correctly. Talk with your preferred mortgage partners to best outline options for your clients’ understanding, laying out a framework that’s informative, projected into the future, and allows them to feel empowered by knowledge.

All in all, working with first-time homebuyers can be an exciting and joyous occasion, as long as you’re adequately prepared for some hand-holding and instruction along the way. Aside from the enthusiasm of successful first-timers at the closing table, you’ll also enjoy the lasting benefit of strong referrals to their friends and family, many of whom will be shopping with you for their own first dream homes.

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RACHEL URSO

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Founder and CEO of Rachel Urso Real Estate, Rachel overlooks and operates two real estate offices with a select team of shining individuals based in Charleston and Sullivan’s Island.

A force to be reckoned with in the real estate industry of Charleston, South Carolina, meet Rachel Urso, Realtor of Distinction - Platinum Circle which is the highest level of recognition in real estate sales and awarded to only the top 2% of agents.

Founder and CEO of Rachel Urso Real Estate, Rachel overlooks and operates two real estate offices with a select team of shining individuals 8Copyright Top Agent Magazine

based in Charleston and Sullivan’s Island. She states their team “does not limit themselves,” sharing that they serve all of South Carolina as well as worldwide referrals. Rachel has been seen on HGTV, ABC, FOX, The Today Show, and other networks. She is in the top forty of over 7,600 realtors in Charleston.

Rachel’s a powerhouse with a driven personality as a successful businesswoman which is evident Top Agent Magazine

in her work ethic. As a prior publicist in New York City for nearly two decades, she also has a background in market and trend forecasting on television and has a passion for home design and house flipping.

After moving to Charleston in 2017, she decided to share her property investing tips with others while Top Agent Magazine

handling buyer and seller transactions for others.

Rachel began making a career shift into a luxury real estate brand. She sold her dotcom, reduced her hours of public relations service, and opened her own company which was the beginning of the Rachel Urso Real Estate empire. She has sold nearly $100 million dollars in real estate since selling in South Carolina. It started in a small boutique Copyright Top Agent Magazine9

An incredible accomplishment by Rachel after demonstrating serious grit, her business is 100% referral and walk-in based, something she and her team are very proud of building. storefront on Historic Downtown’s Broad Street which then grew to a much larger office on King Street. Today, she has a standalone office building on the exclusive Sullivan’s Island with plans to roll out three more offices nationwide within the next three years.

An incredible accomplishment by Rachel after demonstrating serious grit, her business is 100% referral and walk-in based, something she and her team are very proud of building. When asked what keeps clients coming back, Rachel doesn’t hesitate, with her answer being, “customer care...I listen, and I deliver.” Though primarily buying and selling for the luxury market, Rachel’s top priority as an agent is to give everyone the same level of care regardless of Copyright Top Agent Magazine 10

their price point or personal situation. “We are 100% five-star reviewed because we are honest and loyal and find exactly what they’re looking for...” Rachel continues to share, “If it is not on the market, we will find it and with our team of licensed contractors and subs we will spend several months designing and building their dream home.”

Rachel primarily markets listings through various platforms including her strong Instagram following, Facebook, and LinkedIn. In addition, she promotes her brand and shares her knowledge on television which sets her apart from her competitors. In 2021 her agency had an impressive year with over $38 million in sales. Rachel already has 2022 in mind, determined to close Top Agent Magazine

out the year with $100 million in business while remaining strategic and tight knit with her hiring plan. Though ecstatic about all the roles her career involves, she loves working with people, as well as the challenges and wins that come with her job.

Her biggest passion is beautifying properties.

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It is evident Rachel has a can’t stop-won’t stop determination and is a brilliant businesswoman.

Her compassionate and soft qualities shine through her commitment to humanitarian causes, including her participation during the Haiti earthquakes, and making charitable donations to Camp Happy Copyright Top Agent Magazine 11

Days, an organization for children battling cancer.

She is hosting a Gala this spring honoring her close friend who is battling breast cancer to raise funds for the American Cancer Society as well as the Susan G. Koman organization.

Looking at the future, Rachel will continue to sell real estate in Charleston and beyond. She is looking forward to a plate full of many great things. One being a possible new home and design show on a

major network. Rachel will continue to push forward as a clever entrepreneur and significant goal setter, eager to average a home sale at $2.5 million, a $1 million increase from the year before. Rachel acknowledges, “Get up and go put the effort in, and great things will happen. We are not part-time Realtors. We do this full-time, and we are in it to win it. We like a challenge, and we like people even more. It’s important for us to make our clients happy and repeat business is the biggest form of flattery.”

Follow @rachelursorealestate on Instagram.

To get in touch with Rachel Urso visit rachelursorealestate.com http://

email rachel@rachelursorealestate.com or call 843-801-9087

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Easy Blog Topics for Your Real Estate Blog Today, blogging looks a lot different than it did back in 2007, when the platform was just beginning to take off. Successful bloggers don’t choose blog topics on a whim. They think strategically and develop pillar content that their target audience will come back to again and again.

Real estate bloggers should be less concerned with whether the same post already exists (it does) 14

than with how they can be more informative and helpful than their competition. Your personality is likely the thing that your clients connect with, and your blog is another place where you can let it shine.

Pillar content refers to those evergreen posts that never get old because they are always timely.

Think about those questions that you’ve had to

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answer a hundred, if not thousands of times— that’s your pillar content. Wouldn’t it be nice if you could direct your clients to a blog post or, better yet, they discovered the answer on your website rather than you having to constantly repeat yourself?

Or maybe you helped a client sell their house for much more than they were expecting by conducting a series of small and inexpensive renovations. Tell your readers how you did it.

Evergreen Content

Your clients are likely new to the area. Inform them about upcoming community events or mom-and-pop shops they may have never heard of. Are there hiking trails or parks nearby?

What’s the best place to grab a cup of coffee before work or a beer after? You can spotlight these places regularly as a monthly series.

This should really make up the bulk of your content. The possibilities are endless, and you could easily come up with an entire year’s worth of content with only a few hours of brainstorming.

Here are some examples: You could provide your readers with a list of questions they should ask when interviewing a realtor, the steps to becoming a real estate investor, real estate facts all first-time homeowners should know, steps new parents should take to prepare their home for a baby, recommended vendors for home maintenance, or common real estate terms defined.

You could explain to your readers what they need to know about home staging, which home renovations add the most value to their home, how to research schools or crime rates in specific neighborhoods, what a home association is, or how to start flipping houses and buying foreclosures.

Case Studies Sometimes realtors work with a client for years before they are ready to buy a home. Personal finance blogs are a thing for a reason. People want to see exactly how someone else achieved a shared goal. If you have a close relationship with a client who you helped become a homeowner, consider interviewing this client and writing up a case study that shows exactly how the two of you worked together to achieve this goal.

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Stay Local

There are plenty of real estate news outlets that will be posting about the state of the market—but they won’t be talking about your specific community, and that’s where your blog comes in.

Of course, if you only blog about community functions or properties on the market, then as soon as that event is over or that listing is sold, your content ceases being useful.

The best real estate blogs balance their content by posting a little about all the above. Maintaining a high-quality blog means your prospective clients don’t need to visit several websites to have their questions answered because you’ve done the work for them. It’s a tool that helps you make a great first impression.

If you still need help coming up with blog topics for your real estate blog, consider sending a survey out to your clients. You can send it via email and post it on social media. Ask your clients what real estate problems they need help solving and write your content with their responses in mind.

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Millennial Buyers: Where They Are & What to Know Homebuyers and sellers come from all walks of life. If you’ve been an agent for long, you’ve likely worked alongside a wide variety of folks—from first-timer homeowners and down-sizers, to second home searchers and those finally hunting for their dream home. While there is hardly a shortage of diversity in the housing market, there 16

is one generation that is making big strides in homeownership these days: Millennials.

Millennials can be loosely defined as those between the ages of twenty-two to thirtyseven. As you can see, this constitutes a wide swathe of the population. If you’re an agent who stands to learn a bit more about

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a demographic whose influence and homeownership goals are rapidly evolving, tune in below for a few pointers that can help you expand a segment of your clientele in the process.

Where do Millennials prefer to buy?

Many Millennials came of age during or immediately following the Great Recession, and as such, many of them relocated or returned to mid-size cities and smaller communities where the cost of living was most affordable. Of course, there are countless Millennials that call the U.S.’s major cities home—especially those in the

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tech industry. The good news is that you can court Millennial clientele no matter where you service area is located. That said, community amenities are of great importance to this generation. They value public transportation, green space, and entertainment—from coffee shops and topnotch restaurants to farmer’s markets and boutiques. Emphasizing those attributes will be key in selling to Millennials and locating neighborhoods they’re most interested in.

What sort of communication do Millennials prefer?

Most Millennials are digital natives, or close to. That means they grew up learning

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how to navigate digital spaces, and prefer to communicate through mediums like email, text, and social media. This isn’t to say that Millennials aren’t good communicators, but they’re often on the go, and have learned to research and shop online. To accommodate this, it’s best to build a presence across the most popular listing portals and social media platforms. Although, it’s not enough to establish a site and wait for the calls to come in. Responsiveness is a key factor for Millennials, who expect speedy response times. Make sure you’re checking your inbox frequently, responding accordingly, and engaging with your audience online. This will let Millennials know

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that you’re savvy, available, and understand the value of their preferred method of communication.

Are Millennials ready to buy?

It’s a common misconception that Millennials are uninterested in the rite of passage of purchasing a home. While Millennials maybe waiting a bit longer than their parents did to buy a home, there are good reasons to explain this phenomenon. For starters, Millennials entered the job market during the downturn, which means they are more conservative when making big purchases, and have to play catch-up to reach a sound

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financial position. Likewise, student loan debt has proved a major financial inhabitation for Millennials. Instead of socking away a few hundred a month to save for a home, they’re forking over that cash to pay down their educational loans. How does a Realtor compete with this reality? For starters, a bit of understanding goes a long way. Work with your mortgage partners to find financing possibilities that cater to this younger demographic. Recognize that Millennials—like most buyers—have some trepidations when buying a home.

Also consider fielding Millennial clientele with the long view in mind. You might be Top Agent Magazine

courting them for months or more until they’re ready to take the plunge, but they’re also famous for their reviews. When a job is done well, Millennials shout it from the rooftops—or at least share it a dozen time from their phone.

As time passes, Millennials will continue to dominate the marketplace when it comes to buying and selling homes. A little self-education on this powerful demographic can go a long way. If you know your clients and your audience, you’ll be in a far better position to serve their interests and make a customer for life.

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6 Habits of Highly Productive Agents In a business that can be constant chaos, you’re constantly on the go and dealing with things as they hit you. It can be difficult to take a second and regroup. But there is a better and smarter way to work. If you take the time to create some better habits, in the end, you may end up being more productive. If you want to make better use of your time, as well as have more focus, here’s some habits that you’re going to want to pick up - all common to top-producing agents.

1. Learn how to prioritize Although it might be your instinct to get some of the boring work out of the way first, things 20

that actually generate income (or are time-sensitive!) should be the first thing you focus on when you start your day.

Lists are your friend! Make a list of things you want to accomplish for the day, the week, and even the month. Always list them in the order of priority. If things get cut off when you run out of time at the end of the day, at least it’ll be the things that are not as important or time sensitive. As with anyone, your time is your most valuable commodity and should be used wisely. When you make your list, you can even schedule tasks as if they were a meeting, giving yourself a little time goal to beat, as Top Agent Magazine

well. Treat your time with the same respect you would a colleague’s or client’s and don’t ever waste it.

As with anyone, your time is your most valuable commodity and should be used wisely. When you make your list you can even schedule tasks as if they were a meeting, giving yourself a little time goal to beat, as well. Treat your time with the same respect you would a colleague’s or client’s, and don’t ever waste it.

to accomplish it? Write it out and then incorporate that into your prioritized ‘to do’ list.

You’ll be amazed at how driven you become to reach that goal when you actually write it out with clarity. And, the sense of accomplishment you get upon completing it will carry over to the next day. It’s important to remember to be specific. Once you get into the habit of meeting your goals, exceeding them won’t be far behind.

2. Remove distractions

when you need to focus This is especially hard when you’re a Realtor®. Most are constantly connected to their phones. But, unnecessary distractions can get you off schedule and make you lose your focus instantly. If you can, turn your phone off for the half hour it takes to do a task. Interruptions make everything take twice as long, especially when you take that text and then decide to check Facebook for a second.

We all do it!

Complete your task, then take ten minutes to respond to all texts and messages before you start up the next thing on your list. You can even schedule those ‘text backs’ into your schedule. A concentrated effort is always more effective than going back and forth between things.

3. Set daily goals This is so key. What do you want to accomplish for the day and what do you need to do Top Agent Magazine

4. Don’t make excuses There’s that old saying, “The buck stops here”. Well, take it to heart. This is your business and you are responsible for doing everything you can to make it successful.

Sure, there are reasons for why you didn’t get a listing or why your business is slow, but what are you doing to change things and make them better? Successful Realtors® work harder and come up with innova-

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tive ways to stand out when times are tough. They don’t look for excuses, they look for solutions.

5. Be deliberate

about everything you do When you’re making your list, it helps to have a goal in mind for even the smallest task. If you’re calling past clients to touch base, have a specific reason why you’re calling. Are you letting them know some market news?

Thanking them for a referral? When you’re meeting a referral partner for lunch, have a goal in mind for what the outcome of that meeting will be as well. Yes it’s good to socialize and build relationships, but if you have a reason, make sure it isn’t put off until the final moments, when things are wrapping up. Always having a purpose in mind will also help you prioritize your list better.

6. Always look for ways to

get out of your comfort zone Yes, you are prioritizing what is most important or urgent to your business, but it’s also important to make an effort to break out 22

of your routine as much as you’re comfortable doing. Trying out new things or taking some time to learn about new and innovative real estate techniques and technology, can have an energizing effect on your business.

Not only might they lead to things that make you more productive, but it keeps you sharp and engaged. And, ultimately keeping yourself at the top of your game is what it’s all about.

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