Navigating the Changing Real Estate Landscape: Insights from Mike Ferrante and the 21 Mike Team   In the dynamic world of real estate, staying ahead of the curve is essential, especially in markets like Cleveland, Ohio. With recent discussions around the decoupling of real estate commissions, Realtors must understand the implications and adapt their strategies accordingly. Mike Ferrante, alongside Tony Geraci, broker/owner of Century 21 HomeStar, provides valuable insights into this evolving landscape. Understanding Decoupling of Commissions Decoupling or unbundling commissions refers to ..read more

Cleveland Real Estate Market Update: April 2024   Are you keeping up with the latest trends in the Cleveland real estate market? If not, you’re in luck! Mike Ferrante, from Century 21 HomeStar and the 21 Mike Team, is here with another insightful real estate market update. So grab a cup of coffee and let’s dive into the numbers! The State of the Market Mortgage Interest Rates: Back in the Sevens Mike Ferrante is with Century 21 HomeStar and the 21 Mike Team, Realtors serving Greater Cleveland in the northern half of Ohio. Mortgage interest rates are back in the sevens, and it’s time for a ..read more

Mastering Buyer Agency Agreements: Dos and Don’ts for Realtors   Are you a Realtor looking to refine your approach to buyer agency agreements? With the evolving landscape of real estate transactions, staying ahead of the curve is essential. In this post, we’ll delve into the dos and don’ts of presenting buyer agency agreements, focusing on insights from Mike Ferrante of the 21 Mike Team at Century 21 HomeStar and Tony Geraci Broker/Owner of Century 21 HomeStar in Solon, Ohio. The Dos: Lead with Value, Not Paperwork: When engaging with potential buyers, prioritize their needs and interest ..read more

Navigating Challenges in Real Estate with the Pending NAR Settlement A point of consideration amidst the tumultuous landscape of real estate, particularly in the wake of recent developments like the NAR settlement, is perhaps the most crucial: the impact on buyers. In the intricate dance between sellers, buyers, and agents, it’s often the buyer who faces the greatest challenge, yet paradoxically holds the key to the entire transaction. Let’s delve into this aspect with a deeper understanding. In the traditional real estate model, buyers often found themselves in a relatively passive position ..read more

Unlocking the Secrets of Buyer Agent Commissions: A Conversation with Mike Ferrante and Tony Geraci   In the ever-evolving landscape of real estate, discussions surrounding buyer agent commissions have become increasingly nuanced and complex. In this insightful dialogue, Mike Ferrante, representing the esteemed 21 Mike Team at Century 21 HomeStar, and Tony Geraci, the seasoned broker-owner of Century 21 HomeStar, delve deep into the intricacies of why sellers should seriously consider paying buyer agents. With a wealth of combined experience spanning decades in the real estate industry, M ..read more

The Importance of Agents Being the Primary Source of Data for Clients In the dynamic world of real estate, the headlines can often create a buzz, and one question that has been making waves is whether real estate prices are about to drop. To shed light on this matter, we turn to the experts in the field—Mike Ferrante, the powerhouse behind Century 21 HomeStar and the 21 Mike Team, and Tony Geraci, the broker/owner of Century 21 HomeStar. Mike Ferrante’s Introduction: Mike Ferrante kicks off the conversation by introducing himself as part of Century 21 HomeStar and the Team Leader for the 21 M ..read more

Unlocking Success: The Impact of Real Estate Events on Realtors   In the dynamic world of real estate, staying ahead of the curve is crucial for success. Realtors, often find themselves wondering whether attending national events is worth the time and investment. Mike Ferrante, the powerhouse behind Century 21 HomeStar and the 21 Mike Team, sheds light on the significance of these events and why they are more than just an extravagant affair. Networking: Building Bridges Beyond Boundaries For real estate professionals, networking is the lifeline of their business. Attending national events ..read more

The Value of National Association of Realtors Membership: Insights from Mike Ferrante, Cleveland Realtor   Hello Realtors! It’s Mike Ferrante, your go-to Realtor from Century 21 HomeStar, and I’ve got some important insights to share with all my fellow agents out there. In today’s blog, we’re diving into the often-debated topic of National Association of Realtors (NAR) membership. I’ve been seeing a lot of chatter about it, and I wanted to weigh in on why, as buyer and seller agents, you should care about being a part of this organization. Let’s jump right into it! I was scrolling through ..read more

Title Transfers and Title Insurance: A Comprehensive Guide for Cleveland Realtors   Hey there, Cleveland Realtors! It’s Mike Ferrante, your trusted Cleveland Realtor from Century 21 HomeStar and 21 Mike Team. Today, we’re diving deep into the intricacies of property transfers and title insurance, shedding light on critical aspects that often leave us with burning questions. I’m joined by special guest Beth Anthony from Infinity Title, along with Dave Freeberg, their chief legal counsel, providing valuable insights into the often misunderstood roles of title companies. Understanding the Ro ..read more

Elevate Your Real Estate Game: The Power of Practice  In the competitive world of real estate, success often hinges on continuous improvement and effective strategies. Mike Ferrante, the dynamic speaker and leader of the 21 Mike Team at Century 21 HomeStar, emphasizes the importance of practice for real estate agents. In this blog post, we’ll delve into the insights shared by Mike and explore how practicing can not only enhance your skills but also open doors to new business opportunities. Whether you’re in Ohio or elsewhere, the principles discussed here can benefit Realtors everywhere ..read more