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How to solve the ‘aging agent’ problem in real estate

Mel Wilson At 63, Mel Wilson could be forgiven for simply minding his own business, making the most of the final decade of his real estate career, running his brokerage, sitting on industry committees and then signing off. But the L.A.-based broker and active director of the National Association of Realtors and the California Association of […]

What clients should know before buying public auction foreclosures

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 […]

Podcast: How agent Mat Arruda went from 11 to 100 deals in two years

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 […]

Real estate video: How to find inspiration and use it

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 […]

Daily market update: June 30, 2016

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 […]

Federated Realty streamlining sales with flat-rate commission

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 […]

South Florida Realtors optimistic about selling this summer

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 […]

Rudin Management launches energy-saving building operations tech

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 […]

Community spotlight: Tomball – Oiltown, USA

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 […]

Black Knight Chicago home price index for April 2016

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 […]

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