When you make the decision to sell a property that is already occupied by tenants, the process may have to go a bit deeper than usual. Realtor.com names six ways to keep your tenants’ anxiety levels low while your property is on the market and in transition. Tenants can experience emotional and even physical reactions to the idea of their homes or businesses being sold to a new and unknown owner. Also, an uncooperative or uninformed tenant may actually affect the sales process and turn off potential buyers. Consider these …

An industry watchdog group called The Consumer Federation of America (CFA) is questioning the long-held practice of dual agency. Dual agency happens when a real estate agent works with both a buyer and a seller. In this situation, the agent takes on both the role of the listing agent and the buyer’s agent. It’s usually rare, and may happen more often in smaller markets where there may not be as much inventory available. It can also be common in markets where there are only a few brokerages doing business. To …

The world may have moved online, but old-school print handouts still bring value and communicate your message. If they’re done right, they get read, and you get results. Anybody can create a social media post or website, but when you hand out a printed flyer, potential clients know that you are serious about your business. Back in the day, it may have been necessary to hire (and spend lots of money) on a design agency to create your handouts and brochures. These days, though, you can take advantage of online …

Of home purchase loans in the U.S. the percentage including a co-signer continues to increase, according to ATTOM Data Solutions. With rising home prices and interest rates, and intense competition among buyers, first-time homebuyers are facing tough financial challenges. They’re often asking parents, grandparents and other friends and relatives to co-sign a loan in order to make their American Dream happen. As a real estate agent, you’re not obligated to provide financial advice on this topic, but it would be helpful to be prepared with some co-signing red flags if …

The consensus is growing and that means real estate markets may be experiencing a cooling down in 2019. With the help of Dana Bull, a Boston-area real estate professional, Realtor.com has uncovered seven signs that help you tell if your market is cooling down. Knowing this may help you reconfigure your sales strategy and better serve your clients. 1.The property is spending more days on the market If the homes in your area are sitting around with no action, it could mean that the buying market is becoming less competitive …

In 2018, California has experienced the most destructive wildfire season on record, Mashvisor reports. The recent Carr Fire, Mendocino Complex Fire, Woolsey Fire and Camp Fire burned a collective 1,665,746 acres, according to the California Department of Forestry and Fire Protection. That’s the largest amount of burned acreage recorded during a fire season. No matter the degree of damage, wildfires like these contribute to decreased property values due to the destruction of infrastructure and the reduced quality of life. Fires leave destruction in their wake, reconstruction becomes noisy and intrusive, …

WeWork, the office coworking leader, opened a new space in New York’s Tribeca on June 25, 2018. However, this space had a different purpose. WeMrkt consists of 95,000 square feet at 205 Hudson Street (the fifth, sixth and seventh floors) and will sell products created by WeWork members. More of these retail-oriented locations are planned to come, both in New York and around the country, including San Francisco. “Anyone who has a captive audience like that has tremendous opportunities,” Helen Bulwik, retail consultant and senior partner at Newport Board Group, …

Updated as of Monday, January 21, 2019 First the bad news, and then some good news about how you can still get paid during the shutdown: 2019 is off to a worrisome start. As of this posting, the United States government remains in a partial shutdown. The President and Congress are unable to agree on the provisions of a Continuing Resolution to fund the federal government, particularly the funding (or not) of a wall that would be built along the Mexican border. A partial shutdown means that only some — …

It’s looking promising, at least for now. Home prices are rising and homebuyers are increasing. The suburbs are no longer flatlining; in fact, they are experiencing a thriving rebirth. Second-market cities are becoming players, and the generation expected to rent for life (Millennials) are suddenly eyeing buying houses — in the suburbs! Nobody can accurately predict what will come our way throughout 2019, but here are some very good educated guesses: Mortgage rates will rise “Despite steady climbing for the past two years, mortgage rates remain lower than they were …

A recent U.S. News & World report analysis found that the most preferred retirement markets are located in just three states. The online survey addressed people age 45 and older who compared the 100 largest metro areas in the country as potential retirement spots. Deciding factors included housing affordability, happiness, desirability, retiree taxes, the job market, and access to quality health care. The most preferred cities are located in Florida, Texas, and Pennsylvania. Florida has seven cities that ranked in the 25 Best Places to Retire. The reasons: affordable homes, …