Boom Town

JANUARY 29, 2018

So your real estate business is doing well and you’ve expanded. Or you’re considering the possibility. Expanding with new teams in different markets can be a highly profitable path in real estate. It also brings a handful of new challenges. We had a chat with some experts in the industry who are managing their remote teams successfully and seamlessly — and we’re bringing you the insider tips.

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Miller Samuel INC

JANUARY 11, 2018

So I was walking down Fifth Avenue in Midtown Manhattan in the late morning after a meeting and got a call from Bloomberg TV. Apparently, two different stories that featured two of the market reports I author - published by Douglas Elliman - were the number one and two most emailed on the Bloomberg Terminals worldwide. They wanted to talk about them.

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Patch of Land

JANUARY 25, 2018

CoreLogic’s new home price index showed that prices rose 7% in November over one year ago. It got us wondering how the housing market will shape up this year with the supply-demand equation still out of balance. Rising prices are great news for sellers, including real estate investors interested in cashing in on home price appreciation. They are also good news for single-family residential investors with loans on properties as they will have stronger equity positions that frequently provide more

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Boom Town

JANUARY 25, 2018

As the housing supply shrinks, California’s sellers markets are heating up fast. In fact, the top 3 most competitive markets in the nation are all in California. Seller leads are obviously golden for your business, but how do you go about finding seller leads and converting them? . Top-performing BoomTown client, Kyle Whissel, of Whissel Realty in San Diego , knows second place pays zero, but since he’s typically carrying 20 to 30 listings at a time. he also knows how to nail a first impression

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Agents

Boom Town

JANUARY 23, 2018

W hen people ask Doug Melcher, broker-in-charge for Paragon Properties , which lesson he’s learned the most from in real estate, he always recites a similar story. And it starts with an elderly lady looking for subsidized housing in Boston. Not the typical lead agents would fight over, no doubt. In fact, Doug didn’t receive a commission from helping the woman.

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Boom Town

JANUARY 18, 2018

Buckle up, Rocky (Cue ‘Eye of the Tiger’). It’s time to talk training. It may not be as glamorous as the fanfare that comes after it, but it’s essential for success nonetheless. The truth is, the top agents and teams in the US have one thing in common – they never stop training. Good training will help your team… Avoid costly errors.

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Miller Samuel INC

JANUARY 2, 2018

Just before the holidays, I got to join Alanna Schubach and Nathan Tomey on their Brick Underground podcast to talk about 2018. This podcast will always have a special meaning to me as our late friend Jhoanna Robledo 's passion project. The Brick Underground Podcast: Talking 2018 with NYC real estate appraiser Jonathan Miller. Click on the graphic below to listen to 30 minutes of Brick talk.

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Miller Samuel INC

JANUARY 3, 2018

Average sales size patterns for these two size sales categories split sharply three years ago. [Click to expand].

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Boom Town

JANUARY 16, 2018

The post Game-Changers: 10 Tech Features to Close More Deals appeared first on BoomTown!

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Miller Samuel INC

JANUARY 28, 2018

James Nelson, a commercial broker powerhouse who just moved from Cushman & Wakefield to Avison Young , came to my office and interviewed me on the new federal tax law and related subjects for his Globe Street blog column called " The Full Nelson ". [click on image to watch interview]. He provided NYC sales volume data for all NYC boroughs but Staten Island - and I combined it with the residential data we collect to see how the real estate types compare side-by-side.

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Loans

Miller Samuel INC

JANUARY 1, 2018

After controlling the Manhattan housing market for quite a while, sellers and landlords exchanged roles with buyers and tenants circa 2015. After peaking in 3Q 2015, the market share of bidding wars fell by two thirds. Bidding wars remain more common at lower price points. After bottoming in the 3Q 2015, the market share of rentals with landlord concessions has expanded sharply due to high-end rental development over-building.

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