A steamy real estate promo video featuring flirtatious models playfully chasing each other around a luxury pad has drawn ridicule from across the globe on social media, causing the red-faced Australian real estate franchise that originally posted it to quickly apologize and take the ad offline. LJ Hooker Bankstown, a Sydney-based brokerage, posted the video, in […]
Quicken Loans and vacation rental company Vrbo are partnering to allow prospective buyers to use rental income on primary or secondary homes to qualify for a mortgage. Despite rental income often accounting for a large portion of an individual’s revenue stream, in the past that individual could not use that income to qualify for a […]
The influx of new money could lead to a robust market once the uncertainty wanes, according to a new report from Compass Chief Economist Selma Hepp. Source: click here
In this monthly column, Anthony Askowitz explores a hypothetical Miami real estate situation from both sides of the broker/agent dynamic: An experienced top agent at a Miami real estate office has serious concerns about a social position taken by the company’s longtime charitable recipient. Source: click here
As we go about our business, we sometimes forget that clients might not be familiar with common terms agents throw around without thinking (aka Realtor speak). Here are the 21 terms we consider most crucial for agents to explain to buyers and sellers without benefit of crib notes. Source: click here
Most agents aren’t asking for referrals the right way or sometimes at all. If you’re not actively (and strategically) asking for referrals, you’re likely missing out on dozens of deals each year. Here’s how to effectively leverage your sphere of influence to close more referral deals. Source: click here
A recently filed lawsuit against NAR, among other big industry players, alleges that NAR-member agents, along with many of the country’s various multiple listing services, colluded to inflate Realtor commissions. Here’s a look at the commission numbers involved. Source: click here
Redin is helping prospective homeowners understand the risks associated with a high-cost home in certain cities. A new study from the tech-focused brokerage maps how disaster-prone certain metros are, while also factoring the cost of buying a home in that city. The study found that metros with low disaster scores tend to be more affordable […]
Builder confidence rose in April after two months of static, according to data from the National Association of Home Builders (NAHB) and Wells Fargo. Builder confidence is at 63 on a 0-100 scale, up one point from last month. Builder confidence has held in the low 60’s for three straight months. The Housing Market Index (HMI) […]
Rent prices in southwestern states continue to soar to unprecedented heights, according to new CoreLogic data released Tuesday. The cost of renting a single-family home increased by 2.9 percent nationwide and by 8 percent in Phoenix in February, according to the new analysis. The average single-family home now rents for $1,430. While prices rose by only 2 […]
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COVERAGE AREA: Atascosa, Bandera, Bexar, Chambers, Comal, De Witt, Dimmit, Frio, Gonzales, Guadalupe, Karnes, Kendall, Kinney, La Salle, Live Oak, McMullen, Medina, Uvalde, Wilson, Webb, Zavala, Zapata
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