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Paid Referrals Cannot be Objective

Receiving a referral fee has been psychologically proven to remove your ability to give fair advice. The Research, Study from 2010 In a 2010 study by the Baylor College of Medicine, they did an experiment where people were given the opportunity to view abstract art, where which the value is very subjective, the opportunity to value different art pieces, and they were told that they would be sponsored by a certain art gallery. And it was found that those who were sponsored by the art gallery showed increased psychological preference for the art provided by that gallery above and [...]

Paid Referrals Cannot be Objective2026-02-26T17:34:20-07:00

Why Real Estate Brokers Earn More Than Agents: Unpacking the Income Gap

In the dynamic world of real estate, where properties change hands and fortunes are made, two key players often stand out: the real estate agent and the real estate broker. At first glance, their roles might seem similar—both facilitate buying, selling, and renting properties. However, a closer look reveals a significant disparity in their earning potential. Real estate brokers typically outpace agents in income, often by substantial margins. According to industry data from sources like the National Association of Realtors (NAR), the median gross income for brokers can exceed $100,000 annually, while agents hover around $50,000 to $70,000. But why [...]

Why Real Estate Brokers Earn More Than Agents: Unpacking the Income Gap2026-02-10T11:57:01-07:00

Should a real estate listing agent show the home to buyers that have an agent?

I'm representing a seller selling their house. The buyer put us under contract so we are going through the inspection process. Turns out that the seller agent is out of town this week, it's a holiday week yesterday, and so they're not able to meet one of the handymen here to visit the house and look it over. Should a listing agent give a garage code to a handyman? And so they asked if they could use a garage code maybe to get in and look at the house. The house is vacant so nobody is living here at [...]

Should a real estate listing agent show the home to buyers that have an agent?2026-01-14T13:27:37-07:00

Building Inspectors in Utah Now Need a License

As of January 1st, Utah has a new law in place that says that property inspectors for residential or commercial, they need to have a property inspector license now. And they do have a little bit of a grace period though.  So if you haven't got your license yet, there's still a chance to get that done in the next little while. Funny Story It's funny, I had someone call me a couple years ago and they were so angry and I had to calm them down a little bit just to hear what they were angry about. And [...]

Building Inspectors in Utah Now Need a License2026-01-13T17:07:30-07:00

Want to Give a Referral, and Want to do it Ethically?

When we refer a business to another person and suggest that they use a product or a service or another service provider like another real estate agent, we usually call this a referral. And this is based on the idea that if someone I know trusts this person, then I can trust this person. It's all about building a trust factor in order to feel like the business is going to do for me the service that I want at the quality that I want them to do it at. Giving Referrals, and Trust And so generally, when we [...]

Want to Give a Referral, and Want to do it Ethically?2025-12-09T17:03:28-07:00

WaltAI for Real Estate Agents – AI to Simplify your Contacts

Watch this 30 minute Demo and Q&A of WaltAI, an AI designed specifically for Realtors to improve our relationships with our leads and clients! AI Just for Real Estate Agents Support the Institute of Real Estate Education, and close more deals with WaltAI! The Institute of Real Estate receives compensation for agents using WaltAI with our promo code IREE. Try WaltAI for Free Start closing more deals Turn your leads and contacts into closings. Discover the ready-to-move clients hiding in your network, all from the palm of your hand. Try Walt free for 30 days, then get 25% off for your first 3 months using [...]

WaltAI for Real Estate Agents – AI to Simplify your Contacts2025-08-14T17:15:48-06:00

Utah Real Estate License Renewal with MyLicenseOne

Let's walk through the Real Estate License renewal process in Utah, using the MyLicenseOne system. Every licensee should get an email reminder from the Division, but it is our own responsibility to renew our licenses on time. Every licensee needs 18 hours total: 3 Hour Mandatory Course 6 Additional hours of CORE courses 9 Additional hours of ANY CE courses If it's your first renewal, you need the 12 Hour New Agent Course as part of your 18 hours. Let us know how we can make license renewal easier!

Utah Real Estate License Renewal with MyLicenseOne2025-08-13T10:25:08-06:00

Utah 2025 Bill 419 Real Estate Laws Walkthrough

Utah Law for Real Estate professionals has been updated in a few ways this year. In HB419, we will spend some time going into detail in a few of these changes in future articles, but here is a summary of what is in this new law: Advertising If you don't specifically list a service or a property, it will not be considered an ad. Social Media posts that mention you are an agent, but don't specify a service or property won't be treated as ads. If you advertise a property, the brokerage must be within "One Click." Slightly different [...]

Utah 2025 Bill 419 Real Estate Laws Walkthrough2025-05-08T16:40:13-06:00

Utah Real Estate My License One Registration Walkthrough

Utah Real Estate Agents have a new license management system called My License One. They sent an email to all licensees with the instructions on how to register in the new system. I received the email on January 6, from the email address realestate@utah.gov. If you don't remember getting the email, search for that email address, or check your spam. To register in the new system, follow these steps: Goto https://idhelp.utah.gov/ Create a new account - Be sure to use the same Email that you used in the old system! *Don't know which email you used? Look for an [...]

Utah Real Estate My License One Registration Walkthrough2025-01-15T16:55:42-07:00

Utah REPC Updates August 2024 for Brokerage Compensation

This is Danny Naylor at the Institute of Real Estate Education. I've got an update for you. The Real Estate Purchase Contract approved by the Division of Real Estate in Utah has been updated over the weekend. This is a change that's going to affect all agents. This is the required form for agents to use if they're setting up an offer on a regular residential piece of property. And in part this is due to some of the changes that due to the NAR lawsuit. Most of the things we've talked about in recent videos have been NAR [...]

Utah REPC Updates August 2024 for Brokerage Compensation2024-08-19T18:39:46-06:00