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For agents and brokers, one of the most anticipated steps in any transaction is the appraisal. This step many times can make or break the deal. Faulty appraisals were at the center of the housing bust a decade ago after some lenders relied on a sort of drive-by valuation done by real-estate agents that are more cursory and cost far...
Real estate agents and brokers are girding for a spring housing market primed to be more competitive than eve, with fewer homes for sale compared with a year ago. To compound matters, mortgage rates are on the rise after sitting at near-record lows for most of 2017. According to a CNBC report, there are 10 percent fewer homes for sale compared...
How do you know how you're doing in real estate? In life? Today we'll be providing you with some self-rating tools to take stock of your skills and determine where you're currently at with your real estate abilities - and provide you with thoughts & insights into where you need to be, and how you can get there! Rate yourself on...
For any real estate broker, there are a few keys to success. However, there is one attribute that is a must: Leadership qualities. As a broker, you have to keep your agents motivated and productive. To do this, you have to had the leadership skills to be the leader agents want to follow and emulate. For many brokers, it is easy...
The luxury arm of Leading Real Estate Brokerage just released its latest study on the state of luxury home buying in the US. Titled “2018 – The Rise of the New Aristocracy – The Luxury Portfolio Index,” this study, commissioned by YouGov, gives us some insights into the who’s and what’s of luxury buyers. The average age of this “new...
Zillow’s iBuyer Instant Offers Program is “testing” home sellers markets in Orlando, FLA, Las Vegas and Phoenix, AZ. Supposedly working as a “middleman”, not a commissioned representative in the transaction, Zillow takes no remuneration for connecting home sellers with homebuyers. Here’s how it works…the seller signs up her unlisted property with Instant Offers. Zillow encourages the seller to use an...
Agents and brokers are keeping a close eye on the tax reform plan, signed into law by President Donald Trump in December, which is expected to encourage economic growth by adjusting how small and mid-sized businesses and corporations are taxed. The reforms are expected to bring tax cuts to many American companies. "I think we'll see a lot of companies investing...
How do you know how you're doing in real estate? In life? Today we'll be providing you with some self-rating tools to take stock of your skills and determine where you're currently at with your real estate abilities - and provide you with thoughts & insights into where you need to be, and how you can get there! Rate yourself on...
According to data released this week by Corelogic, a third of homes sold in September were sold at or above list price. Moreover, the share of homes sold above list price that month recovered to early 2004 levels. According to CoreLogic, a decade after the financial crisis, home price indexes and home sales are returning to pre-crisis levels. In some areas, prices...
For real estate agents, there is a fine line in technology and data and Move Inc. is moving to provide research and data from the team that created Realsuite. In a white paper titled Shift Happens: How to capture, communicate and close in today's "on demand" world, Move Inc. provides a closer look at some of today’s best practices and...
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