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 …

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 — …

The Counselors of Real Estate (CRE), an advisory organization that monitors the industry, recently released a report listing issues that are affecting real estate both now and in the near future. In the spring, the organization’s Chair, Joseph Nahas, spoke to the National Association of Real Estate Editors (NAREE) about these issues. He explained that the problems we may have in the future are beginning to happen today. Here is the rundown, according to a report issued by Housing Wire: Infrastructure The American Society of Civil Engineers gave the United …

The National Association of Realtors® (NAR) reports that the continuing change in transportation habits and patterns will affect the way we build cities, roads, and houses. And much of it is due to generational change. “In the 1990s, 95 percent of 16 year-olds had a driver’s license. Today, that number is just 76 percent,” said Chad Curry, director of Center for REALTOR® Technology at the National Association of Realtors®. “Today’s youth are already finding new ways to move around that don’t involve a privately owned vehicle.” And to add this …

Losing sensitive client data — or worse, having it hacked — could be the beginning of a horrifying rabbit hole tumble that could take your business and career down with it. Just about anyone is vulnerable to a hack attack or a security breach, but there are ways to reduce the risk. Here are a few steps you can take to protect your clients’ data and to keep it secure and private: Use protection Build firewalls and purchase antivirus software. The more protection you add to your business servers, the …

There is a growing interest in — of all things — million-dollar ghost towns, according to The Real Deal. “Ghost town” is the nickname given to settlements whose population has since moved on, usually due to economic change. Many of these towns are located alongside abandoned mines or farmland. Usually, all that is left behind are the properties — homes, commercial buildings — now old and decaying. Interested buyers: mostly churches and corporations, who often buy properties as a marketing strategy, to preserve history or to launch a new project. …

Contrary to popular belief, brick-and-mortar retail is not dead, and the retail apocalypse is slowing due to the innovation of creative leasing agents. No one can deny that 2017 was a miserable year for retail leasing. During that time, store-closing announcements more than tripled, to about 7,000 casualties, according to think tank Fung Global Retail and Technology. There were over 600 retail-sector bankruptcies reported, including such stalwarts as Toys R Us, Payless, and The Limited. The year ended on a more promising note. In November 2017, consumer spending in brick-and-mortar …

Vacation home clients come from two directions — those who dream of a getaway escape haven, and those who have had enough of the second mortgage, the upkeep and the friends and family who insist on dropping by. That gives you numerous opportunities to increase your commissions. In 2014, 21 percent of all home sales in the U.S. were vacation properties, according to Inman News. That same year, vacation-home sales reached 1.13 million, according to the National Association of Realtors®. That’s the highest amount since the organization began the survey …

This may come as no surprise: nearly 62 percent of buyers and sellers are looking for lower fees when it comes to dealing with agents, according to a Redfin survey of 1,000 respondents. However, this part may surprise you: 22 percent of those surveyed said that low fees actually made them concerned about the quality of the service. From that same survey, buyers and sellers are increasingly finding that they want their agents to be as tech savvy as possible. Of those surveyed, 57 percent said that technology is vital. …

Real estate agents who earn $100,000 or more a year seem to be of a different breed than the rest of the pack, according to a study by  InmanNext, a website operated by Inman News. Surveying 1,300 real estate agents who earn at least $100,000 a year, the study found that these agents tend to close more deals. Sixty-six percent of those surveyed said they closed 20 or more transactions in a year. Compare that to about half of those who earn $30,000 to $50,000 and say they closed fewer …