Many states require mortgage brokers to get bonded before they start brokering. Brokers may not always be aware of why posting a surety bond is necessary — after all it requires additional time and paperwork. But there is a reason states enact such practices in their legislation. Mortgage broker bonds are beneficial to both homebuyers […]
Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. Just as real estate analysts watch employment trends to make market predictions, I watch a lot of out-of-industry technology moves to see what may find its way into real estate. Like that scene in “The Devil […]
Home prices continue to increase throughout the nation for the 52nd consecutive month, according to CoreLogic’s monthly Home Price Index report — but some notable metros might have overvalued markets. Including distressed sales, single-family home prices nationwide increased 1.3 percent from April to May, CoreLogic says, which came out to a 5.9 percent gain year-over-year. The real […]
A freshly-built, suburban affordable housing complex called The Villas has reached completion in Lake in the Hills, Illinois. Sixty low-cost, comfortably appointed residences now sit northwest of the Windy City. The community welcomed the development opening with a ribbon-cutting celebration in late June. U.S. Rep. Peter Roskam (right) and Dan Kotcher, DKI, Inc. (center) / […]
If you’re the leader of a real estate office, you’ll know that summer can present certain challenges for you and your team. The market is hot this time of year, so buyers are active and listings are at a premium. This is positive news, but it can also mean that your real estate agents are too […]
REAL Trends recently recognized real estate’s best in its 2016 America’s Best Real Estate Agents list, breaking down each state and metro’s best performing agents and teams by closed transaction sides and closed sales volume. More than 12,000 real estate agents from all 50 states were chosen, and each one had at least $20 million in closed sales volume […]
Home prices continue to increase throughout the nation for the 52nd consecutive month, according to CoreLogic’s monthly Home Price Index report — but some notable metros might have overvalued markets. Including distressed sales, single-family home prices nationwide increased 1.3 percent from April to May, CoreLogic says, which came out to a 5.9 percent gain year-over-year. The real […]
SEO is a journey, not a destination, and this idea has proven itself true time and time again. Most real estate agents’ websites got left behind after Google Panda and Penguin update not because Google prefers big brands such as Zillow, realtor.com and Trulia websites. But because real estate agents are very slow at adjusting their […]
The National Association of Realtors, the nation’s largest trade group, owns a seven-year-old technology company into which it pours tens of millions every year. How does that funding compare to the initial funding for the biggest real estate company — Zillow Group — in the country? What’s RPR — and what’s Zillow have to do with […]
American entrepreneur, P.T. Barnum famously said, “Without promotion, something terrible happens — nothing.” Many small business professionals, including real estate professionals, are shy about promoting their businesses. They might think, “Of course my clients will refer me; I don’t want to pester them by asking or reminding them to do it.” Promoting your business isn’t […]
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