The world’s luxury real estate market is showing an upward correction as global stock markets surged in early 2017 and political uncertainties slowly clarified. Prices of million-dollar-plus homes increased by approximately 2 percent across the globe in 2016, according to Luxury Defined, a whitepaper by Christie’s International Real Estate (CIRE), out today. The report revealed a […]
Take Eyes Wide Shut and transform it into a listing video — that’s the concept behind the marketing of Opus, a $100 million estate designed and built by developer Nile Miami and architect Paul McClean. The whopping 25,500-square-foot mansion boasts seven bathrooms, 11 bedrooms, two swimming pools, two kitchens, a 20-foot waterfall and a several […]
The Tyrannosaurus Rex no longer rules the world, but it has a chance to take over the real estate game thanks to Charlotte Realtor Jonathan Andrews who donned a T-Rex costume during his latest listing video. Andrews, who works with the Hornet Realty team, started his foray into video-making a few years ago, and over […]
Christian Harris thought Zillow Group and his multiple listing service (MLS) had put his brokerage in a tough spot last week. Zillow Group planned to prohibit agents from manually posting listings on May 1, a new policy it announced in late February. And because Harris’s MLS was not sending listings to Zillow Group, he thought his brokerage, […]
You know the secret to growing your business is generating referrals. But most agents don’t have time or a system to make this a daily habit. Reach150—now a part of SmartZip—solves this challenge by providing a simple, systematic way to gather testimonials and build your business through referrals. Join us to see how Reach150 can […]
The bustling fintech industry continues to spawn new companies that aim to provide the ease of use and speed consumers enjoy in other industries and also seek in the mortgage lending process. The newest is Morty, a fully-automated mortgage marketplace that provides end-to-end service. In addition to officially launching, Morty announced $3M in funding led by Thrive Capital […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio News from earlier this week Tuesday, May 9 CoreLogic Loan Performance Insights CoreLogic Loan Performance Insights Serious delinquency and foreclosure rates hit lowest levels since 2007 […]
Many people jump into rehab projects without calculating the numbers, sometimes even leaving out holding and resale costs. While it’s easy to overlook these details, knowing your numbers can prevent you from jumping into an unprofitable situation. Chris Haddon and Jason Balin offer a simple calculation that will guarantee a 15 to 20 percent profit […]
An equity investor’s risk in a real estate deal increases with exposure to changes that may negatively affect the outcome of an investment project. In many ways, risk and exposure are the same thing. The impact of time on risk Time has a dramatic effect on this concept of exposure and risk: The more time […]
There are many unique challenges associated with marketing luxury properties. Selling million-dollar homes requires patience as homes at higher price points tend to spend more days on the market. Before you rush to the MLS to post your listing, take time formulate an effective marketing strategy using the following four keys to success: 1. Plan […]
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