Real estate mogul, Shark Tank investor (and eCommission endorser) Barbara Corcoran tells CNBC’s Make It that people who are buying a home for the first time need guidance in order to prevent some common mistakes. “The faster you buy your first home, in my opinion, the better,” Barbara said, even though the process can be difficult, confusing and expensive. She goes on to drill down to the four most often-made mistakes: Not factoring in closing costs We all know how closing costs can grow as the closing goes on — …

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 …

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, …

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 — …

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, …

The average American credit score is getting stronger, according to CNBC. In fact, the average score hit a record in 2018: 704. Congratulations, America! To measure creditworthiness, the most widely used score in the country is FICO (named for its creator, Fair Isaac & Company, in 1956). The game played here is called “predictive analytics,” which uses your credit information to analyze and predict how you would handle more credit and responsibility. Somebody with a poor FICO score may not be approved for further credit opportunities. The assumption could be …

Sears Holdings, which owns the Sears stores nationwide, has hired the real estate firm Jones Lang LaSalle (JLL) to market the sale of 500 of its U.S. stores, according to Bloomberg. In the meantime, Sears Holdings Chairman Eddie Lampert has placed a $4.6 billion bid to buy the company and keep the stores open. Lampert is no longer Sears’ CEO, but his own holdings and his own hedge fund (ESL Investments) makes him Sears’ largest shareholder, and one of its largest lenders. National Real Estate Investor reports that Lampert’s bid, …

Tech platforms like Zillow, Trulia and Quicken Loans have forever changed the real estate game and transferred most of the action online. However, don’t for a minute give in to the naysayers who are calling for the demise of real estate agents. Your skill, savvy, and service are more in need than ever. In fact, with all of this overwhelming information, you’ve never been more relevant. Here are a few ways to make sure your clients can appreciate you in the age of online technology: Make tech your friend, not …

The National Association of Realtors® (NAR) has installed its leadership for 2019. The event took place at the 2018 Realtors Conference & Expo, which included the election of a new president. Here are the new officeholders: John Smaby, 2019 President A second-generation Realtor® from Edina, Minnesota who has been in the industry for nearly 40 years. He was NAR’s 2018 president elect and 2017 first vice president. He is a broker at Edina Realty, where he specializes in residential real estate. He was named Minnesota Realtors’ Realtor® of the Year …