Sun.Aug 06, 2023

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NAR membership up even as transactions decline

Real Estate News

Member count increased by more than 6,500 in July, but the "fiercely competitive business environment" could spur attrition in the coming months.

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HOA Reserve Funds: What You Need to Know

Maximum Exposure Real Estate

Are you wondering what reserve capital is and how it works in an HOA or condo association? Reserve funds are vital in ensuring financial stability for home and condo owners. These funds are set aside for future costs and unexpected financial obligations. Homeowners Association (HOA) reserve funds are used for major maintenance, renovations, costly repairs, […] The post HOA Reserve Funds: What You Need to Know appeared first on Maximum Real Estate Exposure.

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4 Strategies for Tapping Into the Future at Local Colleges

RIS Media

It doesn’t take a soothsayer or crystal ball to know that the future of real estate will be in the classroom this fall as many college students prepare for another semester. Sure, their finances may need to be in order but give it a few years. If you’re an agent willing to play the long… The post 4 Strategies for Tapping Into the Future at Local Colleges appeared first on RISMedia.

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Bridge Loan: What Is It & How Does It Work?

Bigger Pockets

A bridge loan can be a smart financing option for investors lacking capital to scale their portfolio. We'll explain how this loan might benefit you.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Thoughts on Leadership: Lessons From Steph Curry

RIS Media

When I was on the “Diversity Matters” podcast yesterday, Teresa (Palacios Smith, chief diversity, equity and inclusion officer for HomeServices of America) asked me about this blog and, for the first time ever, I announced the topic of the next “Thoughts on Leadership” before it was published. So, for those who tuned in, you’d know… The post Thoughts on Leadership: Lessons From Steph Curry appeared first on RISMedia.

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10 Ways Virtual Gaming Can Help Real Estate Investors

Realty Biz

The world of real estate investment is being transformed by cutting-edge technologies every day from VR to AR to gaming, it's all changing. And while playing online games may seem like a leisure activity, virtual gaming has evolved beyond mere entertainment. Real estate investors can now create or improve their investment strategies, thanks to? Yes, virtual reality and augmented reality, these are powerful tools that are making a statement in different parts of our lives.

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This development wants residents to ditch their cars. In Phoenix

Seattle Times Real Estate

The startup, just outside car-dependent Phoenix, aims to demonstrate that car-free living is both greener and better — even in an Arizona summer.

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Why “Lazy” Investors Won’t Make It in 2023’s Housing Market

Bigger Pockets

The housing market has dealt a tough hand to real estate investors as of late.

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Keeping The Costs Down

BubbleInfo

Every coastal home has termite damage, and every seller would be smart to identify the cost before selling. There is usually a wide varance in costs quoted – we use our qualified vendors who don’t charge a premium rate and let our volume work for you.

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Watch Out for These Financial Infidelity “Red Flags” in Your Marriage

Bigger Pockets

What should you do if you suspect financial infidelity from a partner?

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Top 10 Brooklyn Real Estate Listings: A Sunset Park Co-op, a Bed Stuy Brownstone

Brownstoner

The most popular listings on Brownstoner this week include a Clinton Hill co-op, a Bay Ridge row house, and a Park Slope brownstone. Clinton Hill and Bay Ridge were popular this week. The least expensive on the list is a Sunset Park co-op at $399,000 and the most expensive is a… Read More > The post Top 10 Brooklyn Real Estate Listings: A Sunset Park Co-op, a Bed Stuy Brownstone appeared first on Brownstoner.

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When Can HOA Fees Be Deducted From Your Taxes?

Realty Biz

HOA fees are typical for homeowners, but can they be deducted from your taxes? The deductibility of HOA fees depends on various factors. We will provide an overview of HOA fees and taxes, explore the IRS regulations, and discusses potential exceptions and considerations for rental properties and small business owners. Additionally, we will highlight the use of tax software and online tools and the importance of seeking professional help and maintaining proper documentation.

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Housing inventory stalls: Less than 3K homes added

Housing Wire

The housing inventory data from last week makes me wonder if we are starting the seasonal decline in active listings in August. Mortgage rates also had a crazy week and purchase apps fell once again. Weekly active listings rose by only 2,939 Mortgage rates went from 7.04% to 7.20% and back to 7.03% Purchase apps were down 3% from week to week Weekly housing inventory Traditionally, we would see a seasonal decline of active listings for single-family homes going into the fall, but seeing less tha

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What are the top software tools for property managers?

Realty Biz

Property management software is designed to help manage real estate with tools that assist in handling tenants, finances, maintenance, and more. As of my last update in September 2021, some of the top software tools for property managers were: Buildium : Provides a full-featured property management system that allows managers to handle various aspects like lease tracking, accounting, building maintenance requests, and online rent payments.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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Understanding Reverse Mortgages: The Necessary Steps to Secure One

Realty Biz

Reverse mortgages have garnered considerable attention over recent years, especially among homeowners above the age of 62. This form of financial assistance allows them to tap into their home's equity, providing a much-needed income source during their retirement years. However, obtaining a reverse mortgage is not as simple as it may seem, and it involves several critical steps.