The bidding wars convulsing many real estate markets are reportedly driving more homebuyers to adopt a somewhat cynical tactic: making offers on multiple homes at once. Is the tactic kosher? Some agents shake their heads vigorously, condemning the practice as unethical and counterproductive. But others say casting multiple bobbers can be necessary. The tactic’s viability also may vary by market. The biggest […]
REAL Trends has released its 2016 America’s Best Real Estate Agents list. The list, which is sponsored by Zillow Group, ranks the most productive real estate agents by state and metropolitan area based on closed transaction sides and closed volume. .@realtrends released its 2016 America’s Best Real Estate Agents list. Click To Tweet More than 12,000 real […]
I have decided that buying a house in a seller’s market is like dating. It challenges your willpower and your stamina, and it makes you question all that matters to you. A house search in an inventory-strapped city such as Los Angeles can be an especially torturous exercise. I know because my husband and I […]
Millennials are on the move. In fact, they are the largest population of homebuyers in the United States representing 32 percent of home purchases in 2015, according to realtor.org. The key to their hearts is user-generated content. For the purposes of real estate, we will call this agent-generated content (AGC). Millennials gravitate to websites that […]
The S&P Dow Jones Indices recently released the S&P/Case-Shiller Home Price Indices, showing continued growth in home prices over the last 12 months. The report showed that U.S. home prices have improved 5 percent year-over-year in April. Although national growth didn’t quite reach March’s 5.1 percent gain, the steady year-over-year increase is supported by six […]
The advent of technology has called into question the need for real estate agents. Not unlike the once-prominent travel agency, online portals are attempting to relegate real estate agents to a thing of the past. However, I am here to tell you that real estate agents are more necessary today than they have ever been. […]
U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213. Rents were up 2.7 percent in the second quarter of 2016 and climbed 5.6 percent on an annual basis. Year-to-date rents […]
As we continue our series on price reduction scripts, motivation is a major factor. There are two kinds of sellers: have-to and want-to sellers. So, what is a have-to seller? They sell for: Financial reasons Short sale Probate Divorce And how does this affect price? Motivation plus timeframe equals a better price. A lack of motivation […]
The S&P Dow Jones Indices recently released the S&P/Case-Shiller Home Price Indices, showing continued growth in home prices over the last 12 months. The report showed that U.S. home prices have improved 5 percent year-over-year in April. Although national growth didn’t quite reach March’s 5.1 percent gain, the steady year-over-year increase is supported by six […]
The S&P Dow Jones Indices recently released the S&P/Case-Shiller Home Price Indices, showing continued growth in home prices over the last 12 months. The report showed that U.S. home prices have improved 5 percent year-over-year in April. Although national growth didn’t quite reach March’s 5.1 percent gain, the steady year-over-year increase is supported by six […]
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