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Is it time to break up with your real estate agent?

Is it time to break up with your real estate agent?

By Kacie Goff, Bankrate.com

Per the 2024 National Association of Realtors (NAR) Member Profilec, a typical agent had 10 transactions in the last year. With roughly one deal closing per month, the agent you hire should theoretically have bandwidth to provide you with the best possible service.

If that doesn’t ring true for your current experience, however, it could be time for a change. You might be wondering when to fire your Realtor. Or, more pressingly, how to fire your real estate agent.

Let’s take a look at when to make that call — and how to navigate a firing legally.

How to know when to fire your Realtor

We’re all only human, so it’s OK if an agent makes a mistake or two. But you may want to consider finding a new real estate rep if you spot several of these red flags:

  • They don’t communicate well. Your agent should be reachable and communicative with you. If they take a long time to get back to you, it can impact your ability to see listings and put in offers before the competition. And if you feel like they’re not being straightforward with you, or possibly even lying, that’s a deal-breaker. Speaking in jargon is another issue — politely ask them to explain anything you don’t understand.
  • They’re not marketing your home well. Today, real estate pros have a wide range of options they can use to get the word out about your listing. If your home isn’t turning up on leading listing sites or is otherwise poorly positioned, you might want to figure out how to fire your real estate agent.
  • There’s a personality clash. Your agent is navigating one of the biggest decisions of your life with you. You want to feel comfortable working with them. If your personalities don’t mesh well, you might be better served by finding someone else. Trust your instincts. If it doesn’t feel right, it probably isn’t.
  • They’re overly pushy or aggressive. An agent’s job is to advocate for you — not against you. Someone who is argumentative or tries to pressure you into things you feel uncomfortable with is not a good fit.
  • They act unprofessional. Everyone has a different work style, but there are a few behaviors that just won’t fly. If they consistently show up late to appointments (or not at all), come unprepared, lack knowledge about the property or seem distracted during your interactions, be wary. This shows a lack of respect for you as a client.
  • They’re unfamiliar with the market. A good agent stays informed about their local market. If they don’t know about current market trends in your area, how can they help you find the best place or make the best deal possible? Make sure to arrange regular and continual updates from your agent on market conditions, recent sales, new listings, available inventory and price trends.
  • They demonstrate a lack of skills. Whether it’s helping you stage your for-sale home or negotiating on price, you want an agent who knows what they’re doing. No one likes to feel like they left money on the closing table, whether you’re the buyer or the seller.

How to fire your real estate agent

Don’t leap to a firing right away. If you’re unhappy with your agent, you may still be able to mend the relationship: Try communicating with them openly in a non-confrontational way about the issues you have. If the issues persist, it’s probably time to let them go. You’ll need to do so legally, ensuring you’re in compliance with any agreements or contracts you signed. The last thing you want is an expensive court battle. read more

The Savings Game: Should you make changes to your portfolio?

The Savings Game: Should you make changes to your portfolio?

If you have significant investments in the stock market, you have probably watched the recent volatility with trepidation, as the values of some indexes have retreated by 10% or more from their recent highs.

If you’re not concerned about your portfolio, then you don’t have to read this column. If you are concerned, then I hope what follows will help.

Whenever you see a dramatic change in the value of your assets, it is normal to ask whether you should make major changes in your portfolio. That is a legitimate question, and the following four questions should help to answer it.

The first two questions were suggested by Peter Lynch, a former asset manager for the Fidelity Magellan Fund. He became justly famous success managing the fund, and he wrote an excellent, best-selling book explaining how he did it.

The final two questions were suggested by Jason Zweig, an astute financial journalist with a well-deserved reputation for his excellent financial advice column in the Wall Street Journal. read more

Airlines are adding new routes. Here’s how you can save

Airlines are adding new routes. Here’s how you can save

By Benjamin Din, NerdWallet

Airlines are gearing up for their busy summer schedules, flying to new destinations and increasing frequencies to popular cities. They’re even starting to announce new fall routes.

For airfare deal hunters, that means new opportunities to travel somewhere for cheap. New flights are worth tracking, especially when airlines offer attractive deals to market their route announcements.

“This is really an opportunity where the airlines can make a grand entrance for a new route and really drum up excitement,” says Katy Nastro, a spokesperson for Going, a flight deals alert service.

Here’s how travelers can take advantage of new routes and the deals surrounding them.

Look for introductory fares

Summer schedules have been released for a while, and some carriers are already thinking ahead to fall. Delta has announced that it was launching flights from Atlanta to Marrakech, Morocco, in October 2025. (United Airlines started flying to Marrakech from Newark Liberty International Airport, its New York area hub, last year.) read more

The US has a single rare earths mine. Chinese export limits are energizing a push for more

The US has a single rare earths mine. Chinese export limits are energizing a push for more

By JOSH FUNK, AP Business Writer

OMAHA, Neb. (AP) — America’s only rare earths mine heard from anxious companies soon after China responded to President Donald Trump’s tariffs this month by limiting exports of those minerals used for military applications and in many high-tech devices.

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“Based on the number of phone calls we’re receiving, the effects have been immediate,” said Matt Sloustcher, a spokesperson for MP Materials, the company that runs the Mountain Pass mine in California’s Mojave Desert. read more

Hoping to install solar? You may have a harder time due to Trump tariffs

Hoping to install solar? You may have a harder time due to Trump tariffs

By ALEXA ST. JOHN

Mike Summers was eager to install solar at his home in Ohio for years, and after he finally replaced his aging roof this year, his solar contractor swung into action. His system — including 19 panels and a battery backup — went up this week, and Summers considers himself lucky.

“I’m glad to have done it when I did,” said Summers, a former mayor in his city of Lakewood just west of Cleveland. He’ll get about $10,000 in tax credits on his $39,000 investment, but nearly as important is that all the equipment was readily available.

Other hopeful solar buyers may have a much harder time in coming months. President Donald Trump’s escalating trade war with China threatens to crimp a massive source of solar panels and parts, with experts saying the cost of projects will certainly rise as China retaliates.

China accounted for at least 80% of the components of solar panels as recently as 2022, according to an International Energy Agency report, especially polysilicon, glass and solar cells. Solar also demands increasing critical mineral supplies, of which China is a key player across the globe, and electronics. read more