Sat.Oct 24, 2020

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How Commercial Real Estate Investors Are Weighing Climate Change When Planning Future Business Strategies

RIS Media

While COVID-19 is the leading disruptor of the commercial real estate market at the moment, the industry is preparing for even further long-term disruption from climate change. According to housing professionals, the rising sea levels, increasingly volatile swings in temperature and the routine occurrence of natural weather-related disasters— ranging from hurricanes and floods to droughts and wildfires—have forced brokers and investors, alike, to reckon with this potentially existential threat.

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Glamorous Glass | 5 Homes with Stained-Glass Windows

Sotheby's International Real Estate

From New York to California, these homes feature stained-glass elements that transmit light and transform it into color, creating accents that are both visually striking and vibrant. A Piece of San Francisco History. San Francisco, California | Robin Dustan , Sotheby’s International Realty – San Francisco Brokerage. One of five elegant row houses constructed by the well-known late-19th-century builder William Hinkel, this lovingly maintained seven-bedroom Victorian home retains its original ch

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How to Calculate Net Operating Income

Norada Real Estate

You can calculate net operating income (NOI) for your real estate investment by using the generally accepted net operating income formula, which is your potential rental income plus any additional property-related income minus vacancy losses minus total operating expenses. Keep in mind the net operating income formula can vary depending on who calculates it.

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1 in 5 Homeowners Missing Mortgage Payments in 2020: How Should Agents Respond?

Real Trends

Real estate agents navigating the COVID-19 landscape have had to adapt their entire marketing model — eliminating or scaling back open houses, substituting video tours for in-person previews, and limiting home visits to buyers who are pre-approved for financing. And agents are enjoying a burst of sales as buyers exit lockdown, and pent-up demand drives the market.

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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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Realtor.com®: Housing Market Showing Signs of Stabilizing

RIS Media

Summer into fall has been a buying frenzy, with low inventory pushing up prices and giving sellers the market advantage. But are things changing soon? According to realtor.com®’s latest Weekly Housing Report for the week ending Oct. 17, the markets may soon experience a much-overdue seasonal market slowdown. What’s the current state of the market?

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Top 5 Stories on Brownstoner This Week: An Architects House on The Market

Brownstoner

Opening the Door to Eastlake Hardware An interest in historic hardware has made this story from 2017 newly popular. If you’ve spent any time peering at the door hardware in a late 19th century Brooklyn house, you’ve probably spotted an Eastlake hinge or doorknob but perhaps not known what to call… Read More > The post Top 5 Stories on Brownstoner This Week: An Architects House on The Market appeared first on Brownstoner.

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Is It Realistic to Get A Mortgage Without 20% Down?

Mandrona Group

Most first-time homebuyers wonder if it is even realistic to get a mortgage without 20% down payment, they assume that. Read More.

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Converting Prospects to Buyers with Conversational AI for Real Estate

Realty Biz

Turning browsers into buyers is the ultimate sales goal. A competent salesperson can strike up a conversation with a passer-by and, armed with nothing more than good cheer and convincing patter, conjure a deal out of thin air. This is true of the property industry too, with real estate agents often earning a 5-6% commission on the price of a sale. In recent years, real estate companies have discovered that hiring expert salespeople isn’t the only way to drive business.

Sales 61
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Million-Dollar Sales Double

BubbleInfo

Ultra-low rates, record home equity, and societal needs/concerns make the perfect frenzy cocktail: The pandemic is driving a major boom in the housing market that’s breaking all kinds of records and exposing a very uneven economic recovery between the haves and the have-nots. The most dramatic increases are happening at the top end of the […].

Sales 59
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Best Down Payment Assistance Programs for First Time Buyers

Realty Biz

COVID-19 included, the biggest obstacle to home ownership remains the financing. For most, it’s saving the down payment. Especially if you haven’t owned a home before that builds equity to transfer as the down payment when you upgrade or move to another location (but that’s not a first time buyer). The Millennial Generation is having a particularly difficult time with down payments because their early adult years were badly impacted by the Great Recession that is now well behind us (but now we h

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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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Most Metros Post Double-Digit Annual Home Price Gains in Q3

RIS Media

ATTOM Data Solutions recently released its third-quarter 2020 U.S. Home Sales Report, which shows that profits for home sellers nationwide continue to hit high points despite the economic distress caused by the worldwide coronavirus pandemic. The report reveals that the typical third-quarter 2020 home sale in the United States generated a gain of $85,000, up from $75,000 in the second quarter of 2020 and $66,000 in the third quarter of last year.

Sales 107
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Rising new home starts still can’t meet demand, experts say

Realty Biz

New home building starts were up more than 8% at the start of October compared to one year ago, but the increase is still not enough to meet demand, according to Lawrence Yun, chief economist of the National Association of Realtors. Yun noted that housing starts in September were at a 1.42 million unit production level on an annualized basis, but said the annualized number of permits, 1.55 million homes, would better meet housing demand.