In this video, Peter Lorimer of PLG Estates explains what a 1031 exchange is in real estate; 1031 refers to tax code. It means you can sell a property and not have to pay as much in taxes. Backing up, there are some tax benefits to real estate. For example, if you are a married couple in […]
An out-of-state client is seeking a home that’s already set up for growing marijuana so that all he has to do is move in and get started. Meanwhile, a pregnant buyer is concerned about possible mold or contaminants resulting from growing pot indoors — so she also wants to know what houses have hosted a grow space, […]
Reposted with permission — show notes and credits available here. If a property goes into the 40-plus showing mark, and it hasn’t sold — well, there’s probably something that isn’t right. Listen to this episode’s guest, Bunni Longwell, as she talks about her experience with such a dilemma and how she had to get it […]
Kathleen Wilkin’s homeseller accepted the lowest of three offers. In a letter, the buyer who captured her client’s attention wrote of the need to move into a better school district to provide assistance for a special needs child. “The seller had also raised a special needs child, and wanted those buyers to have her home,” […]
“Sharks, consider the guard llama. Docile, unassuming, non-threatening — at least at first glance,” Guard Llama co-founder Joe Parisi said before five of Shark Tank’s judges. “But when a predator approaches, this all changes. Llamas are known for charging predators head-on with deadly force.” Indeed, it’s not every day that real estate entrepreneurs walk onto a […]
Reposted from notorious-rob.com with permission from Rob Hahn. According to the 2016 National Association of Realtors (NAR) Member Profile, Realtors are making bank, yo! It kind of goes against what I’ve been hearing ever since I started in the real estate industry, so figured I’d discuss it with you all. Check this out: Now, according […]
Scott Stratten’s got a beef with real estate agents. Actually, it’s not the agents themselves, it’s their marketing tactics. Stratten, who was named one of Forbes‘ Top 5 Social Media Influencers in the world and whose clients include the likes of PepsiCo and Saks Fifth Avenue, shared with us just what gets him so riled up when it comes to […]
Last week, the Consumer Financial Protection Bureau (CFPB) released a rather dry 150-page amendment proposal for Regulation C of the Home Mortgage Disclosure Act (HMDA). However, buried within the proposal were some interesting clues surrounding a new geocoding tool that the CFPB is providing to help lenders identify a property’s census tract. What’s a census tract? Census tracts are […]
Concierge Auctions, the property marketplace for upscale buyers and sellers, has launched an annual index that reviews the top 10 properties in 27 of the country’s hottest markets and their time on the market. The Luxury Homes Days on Market Index and accompanying report were created to shed light on how time spent on the market affects upper-end […]
The Boutique Real Estate Group has added another person to its team, and it’s not another agent, marketing guru or office management whiz — instead, owner Raj Qsar opted to hire a “Goodwill Ambassador,” a person whose only job is to spread positivity wherever he goes. Raj Qsar The inspiration for this new position came from […]
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