You may want to hide during the ides of March, but the ides of May are the perfect time to put a home on the market, says a new study by Zillow. In 20 of the 25 metro areas studied, homes listed anywhere between May 1 and May 15 sold nine days faster and for […]
According to the U.S. Census Bureau, black Americans will represent 17 percent of new households by 2024. Unfortunately, black Americans — along with other communities of color — face a number of barriers to homeownership that include lack of access to affordable homes, depreciating home values in communities of color and higher home loan denial rates. Wells Fargo, in […]
As housing prices continue to rise, the issue of how to house homeless and lower-income individuals and families becomes increasingly important. Many cities are planning or enacting legislation to fund these projects and pave the way for faster development of affordable housing projects. Microunit housing has been floated as a potential solution for years. One developer, […]
The following is about Donald Trump in only one respect: He has an unprecedented opportunity to remake the Federal Reserve.As active as he has been since the election, neither he nor his staffers has said a word about the Fed, neither policies nor people. During the election he let fly one critical line about Chair Janet […]
Reposted with permission from Matt Bonelli. Millennials are buying homes! Really? It’s about time! The real estate industry cannot stop talking about millennials. Zillow’s latest report showing that half of today’s homebuyers are under the age of 36 has sparked even more conversation around the topic. Young buyers entering the market is a great thing […]
Brand-new brokerage Clockhouse Realty started business on January 1, servicing all of Massachusetts and Rhode Island.Jared PhillipsCo-owned by James Velozo, a seasoned broker-owner, and his son, Jared Phillips, as managing partner, Clockhouse aims to be a full-service satellite real estate brokerage firm offering 90/10 splits and no offices.Why the decision to be virtual?”We quickly realized that […]
As the realization that taxes are due in 10 weeks sets in, most real estate agents are desperately trying to find every deduction and loophole to help minimize their tax obligation.Being blindsided by a huge tax bill is not something most of us look forward to, but I’m sure you’ve experienced a tax scare at […]
To build a consistent, sustainable business, the most important focus for real estate agents is the ability to quantify and cultivate their sphere of influence. Agents need to pull together everybody they know, put them in one place, and then gather personal contact information: phone numbers and addresses. The next step is taking a look to see what […]
A real estate agent recently received a firm response after soliciting a homeowner’s business, to the effect of: “I am not selling. Please don’t call me again.”How should she have responded? Respect the homeowner’s wishes and move on, most agents agree. But there are a number of ways to sign off tactfully, perhaps even while sowing seeds for future business.Read through […]
Real estate agents who use dotloop now stand a better shot at enjoying future integrations between the transaction management software and other tools they use to boost productivity.Dotloop, which is owned by Zillow Group, has announced an improved application programming interface (API) that will make it easier for programmers to bake dotloop features and connectivity into other real […]
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