Agents and brokers have no doubt that transaction tools have made their lives more efficient and that technology has enabled them to do more deals. However, they still have a long wish list of how the transaction process could be improved, and they would like to see their chosen software interact better with the software […]
When investors purchase foreclosures through the MLSs, they are usually able to gain access to the interior of the property before making an offer and know that they will be guaranteed clear title before they close. But, with these two benefits comes the fact that numerous investors will be placing offers. And, more offers usually […]
Black Knight Financial Services released its April 2016 home price index data for Chicago, based on summarized sales data — here’s how the metro measured up. Chicago home price index value In April 2016, Black Knight showed the metro home price index value at $233,000, up 1.1 percent month-over-month and 4 percent year-over-year. Illinois home price […]
Known as “Oiltown, USA,” Tomball gained exposure when Exxon and 20 other energy companies helped provide the Houston suburb with jobs and economic prosperity throughout the 20th century. Now, the town retains its historic roots while benefitting from parks, local businesses and community pride. Situated a little over 30 miles northwest of Downtown Houston, Tomball is […]
Brokerages offering tech platforms to other industry players is becoming all too common these days. In keeping with the innovative times, one of New York City’s most established real estate development firms released a cloud-based building operations platform. Nantum by Prescriptive Data LLC – a subsidiary of Rudin Management Co. – can eliminate excess costs and increase sustainability […]
The market is heating up in South Florida, according to the Realtors Association of the Palm Beaches (RAPB). Many South Florida Realtors are vouching for the strong selling opportunity in the area, which includes Palm Beach County, St. Lucie County and Martin County. All counties saw median sale price growth and inventory expansion in May, according to […]
Redfin might have disrupted the real estate space by offering lower commissions for sellers, but Federated Realty of Washington D.C. wants to take that number even lower. Rather than applying a standard 3 percent selling commission, or even Redfin’s 1.5 percent, the lean brokerage operates on a $1,000 flat fee structure — no matter the price of the home. Federated collects […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Ten-X Residential Real Estate Nowcast for June 2016: Existing home sales will fall between seasonally adjusted annual rates of 5.38 and 5.74 million, with a targeted number of 5.56 million. This is a slight 0.5 percent increase from May. It also […]
In part 1, we dealt with the question, “Do we really need to do video?” The conclusion was, “Yes, I think the ground has shifted, and we need to jump.” OK, so, my husband and I are willing to jump into video for our business, but in what direction? What’s the next step? How do […]
In 2014, Mat Arruda was a part-time bartender and a part-time agent, who was buying leads and losing valuable business opportunities by spreading himself over two jobs. He closed only 11 deals that first year. Then, he took the plunge and went full-time real estate. The following year was looking up, but Arruda realized he […]
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