Condo Owner's Bill Of Rights?
D.C. Councilmembers are studying a controversial measure that would provide new protections for condominium owners. While protections already exist for owners governed by a condominium association, conflicts often occur, including misunderstanding of rights or inequitable implementation of an association's policies and penalties.
Get a Better Mortgage Interest Rate
People will clip coupons and drive across town to save a few cents at the gas pump, but few will shop around for the best interest rate on their mortgages. Most buyers tend to go with the first lender they talk with, perhaps out of fear of losing the house if they don't act quickly enough. Paying one-eighth of a point too much can add up to thousands of dollars over the life of the loan.
Single-family rent prices up 3 percent in May: CoreLogicAccording to the latest CoreLogic data released on Tuesday, monthly rent for a single-family home grew by 3 percent to an average of $1,442 in May....Read More
How to be a rock for clients when things get shakyIn light of the recent earthquakes in Southern California, there is no better time to remind ourselves of the ways in which we can educate, provide referrals and solidify client relationships on a grand scale. Here are four ideas on how to help clients prepare for "the big one."
Why younger generations need to understand credit scores nowYoung consumers are blithely unaware of the importance of credit scores to their financial lives, according to recent surveys. This is troubling as Americans' debt levels reach record highs. The good news is that people tend to change their behaviors once they learn how their financial habits impact their scores. ...Read More
Agent/broker perspective: How brokerages can address affordable housingWith each year, a successful Miami agent is seeing more of her low- and middle-income clients struggling to find reasonably priced homes they can afford — and it’s only getting worse. What can she and her broker do to better serve these clients while at the same time helping their sellers earn top dollar for their listings?...Read More
Top brokerages find new ways to carve out profitAccording to recent data from REAL Trends, the average retained company dollar dwindled to a mere 14.8% in 2017. This is down from 22% 5 years prior. Brokerages are faced with pressures on commission splits, non-producing agents, and occupancy/payroll eating into profit margins. ...Read More
Looking for listings? Here’s how to find, sign and turn unlisted propertiesWhen listings are scarce, one-party listings can be a powerful tool to locate properties that are not currently listed but whose owners might be willing to sell if they receive the right offer. Here’s a solid strategy to turn unlisted properties into done deals. ...Read More
On the fence about ICLV? Here’s what you’ll miss …Attending Inman Connect is one of the best ways to elevate your business. If you’re on the fence about the very first Inman conference in Las Vegas, consider what you’ll miss....Read More
Developer fans cash at homeless encampment in ploy to clear siteGene Gorelik dropped dollar bills on a homeless camp in an attempt to get residents to leave. None took the offer, and the developer was escorted off the site....Read More
How to begin financing investment propertiesTurning homebuyers into investors can mean more financial security for them and more business for agents. But especially less-experienced investors may need help getting started...Read More
BlackRock raises its stake in plummeting RealogyInvestment management firm BlackRock now owns a stake in the real estate holding company valued at approximately 16 percent....Read More