Realtors Hunt for Homes Amid Low-Inventory
High-demand buyers keep moving to Fla., seeking luxury homes with specific features, leaving RE pros to find and persuade homeowners to sell their properties.
Higher Rents, Remote Work Impact Tenants
TransUnion: Rents are rising faster than tenants’ income. U.S. apartment rents rose 14% from 2020 to 2021 but the median income of rental applicants is up 6%.
Fla.-Owned Insurer Spending $100M on Lawyers
Litigation adds to Fla.’s rising prices for property ins. Citizens Ins. – the Fla.-owned “insurer of last resort” – says it’s served with 970 lawsuits each month.
Condofax Safety Reports May Be Here Soon
Due to the Surfside tragedy, a new business model is emerging: Condo safety reports using the same type of system as Carfax reports for used-car buyers.
Rising Negotiation Point In Heated Market? Leasebacks
More sellers want to stay in their home after closing, sometimes for weeks or months, and agreeing to their request gives some buyers an edge over the competition.
An Underutilized Business Strategy: Mindfulness
The core of every real estate business? The agent who owns it. And if the agent isn’t relaxed and focused, the business will struggle to survive.
May New Home Sales Post Solid Gain: Up 10.7%
New-home sales made up lost ground after four consecutive monthly declines, perhaps because some buyers rushed to lock in a mortgage before rates went up again.
Vacation-Home Demand Down to Pre-Pandemic Low
Vacation-home buyers have been hurt by economic changes and a new fee, plus higher pandemic-era demand may have resulted in less current demand.
RE Q&A: Revocable Trusts, Aging Parents, New Condos
Older adults are buying a condo in a 55-plus community. Their kids want to know what a revocable trust is – and whether it’s a good idea.
Protect Your Website From Copyright Claims
Realtors who “always do the right thing” may still find themselves legally accused of a copyright violation – often a photo on their website, and sometimes one that was automatically uploaded by their IDX feed.