Real Estate - Real Estate, Updates, News & Tips

BROKERS: 3 Tasks Brokers Can Start Delegating Today

Don’t let an overflowing schedule get the best of you. As a broker-owner or manager, your time should be spent on high-level responsibilities and helping your agents be successful. But if you find yourself spending too much time on routine tasks or handling duties where you lack expertise, here are three things you can remove from your plate immediately, according to Entrepreneur magazine. Let creatives handle it. Work with freelancers or con

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4 Costly (and Dangerous) Pool Care Mistakes

A pool can be a selling point for a home, but proper care is key. Some homeowners could be going about their pool maintenance all wrong, which could result in costly leaks or even skin irritations to those who jump in. An article at realtor.com® recently highlighted some common slip-ups, including:Using the wrong chemicalsMixing the wrong chemical balance can cause eye and skin irritation and deteriorate the materials in the pool, which can lea

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REALTORS: Protecting Your Transactions From Wire Fraud

One of the fastest growing cybercrimes in the U.S. is wire fraud in real estate. About 9,600 people were victims of wire fraud in the real estate and rental sector in 2017, with losses of more than $56 million, according to FBI data.The highest reported fraud in real estate last year was Business Email Compromise/Email Account Compromise. Fraudsters will assume the identity of the title or real estate agent and forge the person’s email and othe

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720-Day Foreclosure Timeline Is Actually an Improvement

Foreclosures can take a long time to process, but they are getting faster. Properties foreclosed in the second quarter took an average of 720 days from the first foreclosure notice to completion. That is down from 883 days a year ago, according to a new report released by ATTOM Data Solutions, a real estate data firm.The states with the longest average timelines for foreclosures completed in the second quarter were: Hawaii: 1,553 days Florida: 1,

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Owners, Appraisers Closest to Agreement Since 2015

The gap continues to narrow between homeowners’ and appraisers’ perceptions over home values. The latest Quicken Loans Home Price Perception Index shows that the average home appraisal in June was only 0.25 percent lower than what owners had estimated—this puts the two different value perceptions at their closest since February 2015.Homeowners provide their home value estimate at the beginning of the refinance process; that is then matched

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How Will Bike-Sharing Change Cities?

With ride-sharing companies such as Lyft and Uber entrenched in cities and changing how their residents move about, a move into bicycle sharing may bring their users even more flexibility.Lyft paid a reported $250 million earlier this month for Motivate, which operates bike-sharing programs across the country under a variety of names, such as Citi Bike in New York and Divvy in Chicago.With some 35 percent of vehicle trips involving travel of two

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The 10 Most Undervalued Cities in 2018 for House Hunters

Despite housing prices on the rise in many places, real estate is still considered a bargain in a handful of cities, according to a new analysis released by SmartAsset, a personal finance website. SmartAsset analyzed data of 200 cities by using a model that projects home value per square foot based on how desirable a city is to live in, considered its livability score. Researchers factored in livability metrics like crime, unemployment, weather,

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Wall Street Is Taking an Even Bigger Bet on Rentals

Investors are bullish that more Americans will choose to be renters, and they’re buying up even more single-family homes to make sure they are ahead of the trend. The number of homes purchased by major investors in 2017 was about 29,000, up 60 percent from the previous year, according to Amherst Capital Management LLC, a real estate investment firm. That is also the first time since 2013 that investors purchased more homes on an annual basis.In

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3 Vintage Kitchen Designs Making a Comeback

Several vintage and retro elements from the 1960s or even 1930s are oozing back into kitchen design. Realtor.com®’s Jamie Wiebe recently highlighted a few of these comeback trends, including:Decorative flooring: Vintage black-and-white and patterned tiling are making big statements in kitchens once again. Hardwood flooring may be the norm in new-home builds, but more renovators are opting for decorative flooring styles that were once common i

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3 Tips for Property Owners Handling Graffiti

Graffiti can be a difficult issue for property owners. Graffiti is often vandalism that could be associated with gang-related origins. However, some graffiti is viewed as legitimate art created by street artists with local or even national reputations. If you or your clients own a property with graffiti images, you must first determine whether it was done with or without permission.Graffiti vandalism is a criminal act done without an owner’s pe

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