33% Of All National Homes Sales In March Were For Cash – Has The Market Really Recovered When Investors Are Such A Large Part of the Market?
All cash sales comprised 33% of March transactions, down from 35% in February, but up from 30% the same period a year ago. Individual investors purchased a 17% share in March, down from 21% in February and 19% a year ago. Some 71% of March investors paid cash, up from 73% last month. via Existing […]
Real Estate Brokers May Speak Directly to Appraisers – Contrary to Popular Wisdom
It’s OK. You can talk to your appraiser. Really. A real estate appraisal organization has sent up a collective, exasperated sigh over the apparently widespread misunderstandings that seem to surround the process of getting a home appraised — and may even sabotage some sales. via Rules of engagement for working with appraisers – chicagotribune.com.
Dangers of Giving Your Home to Your Children – WSJ.com
It may seem like a great idea: Parents, either because they want to help their kids out, or to reduce the taxable value of their estate, decide to transfer ownership of their home to their kids. Well, it may seem like a great idea. But it often isn’t. For starters, parents often don’t realize the […]
The ultimate list of must-have mobile apps for today’s real estate professional | Inman News
We are living in a world dependent on technology, and apps play an integral role in our lives touching everything from counting calories and getting directions to directly impacting the way we conduct business. But how do we find the most effective, affordable and best apps when there are over 300 apps created each day? […]
New Home Prices Are Not Rising As Fast As You Think
Adjusting for the changing quality of new homes reveals that new home prices have not increased as much as the headline data suggests. Adjusting the price of new homes for quality reveals lower price increases, but doesn’t diminish the primary driver of appreciation – the lack inventory, particularly for new, affordable homes. We may be […]
5 Financial Missteps That Can Torpedo A Loan Application – OurBroker : OurBroker
Being preapproved for a mortgage and actually getting one can be two very different things. From the time you start the loan application process all the way to closing day, every financial move you make could affect whether that loan is approved or denied. Guarantees are hard to come by in the mortgage industry. Let’s […]
4 ways enhanced listing videos can boost properties’ selling power | Inman News
Let’s be honest: Video listings are a great real estate marketing tool, but sometimes you need more than a basic walk-through. Value-added features can be the key to making a standout video and boosting the selling power of a property. via 4 ways enhanced listing videos can boost properties’ selling power | Inman News.
Nation’s biggest MLS capable of taking listings from The Realty Alliance’s secretive project | Inman News
The Realty Alliance, a broker network that’s working on a project that’s been dubbed “Upstream” because its goal is to allow brokers to “take control control of the listing creation, management and distribution processes at the point of origination (contract execution by seller and broker) rather than ceding such functions to the local MLS,” Bemis […]
Can you run a successful business without Zillow, Trulia or realtor.com? | Inman News
I’d love to hear from the real estate brokers as to their thoughts on the subject. Zillow is such a monster size presence in the real estate industry. Can you run a successful business without Zillow, Trulia or realtor.com? | Inman News.
You Can Be Held Personally Liable For The Business Debts Of Others
Many owners do not realize, however, that the limited liability provided by a corporation or LLC will not keep owners from being personally liable for certain withheld taxes that are to be held in withholding trust accounts. Personal liability can also arise in other circumstances, including 401(k) or other employee benefit withholding and, in certain […]