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Posts Categorized: General Real Estate

Agents: Can Property Management Become an Income Stream for You?

Appraisal, General Real Estate

Beth Sigg Northwest Real Estate Services   Now that you have your real estate license and are busy with buyers and sellers, you’re inevitably asked to locate rentals for clients, or find tenants for landlords! Should this become part of your toolbelt of services? First, let’s talk about supply and demand. Selling real estate is… Read more

Close is Not Good Enough When it Comes to Real Estate Commissions

General Real Estate, Legal

David Allen Partner, Jaburg|Wilk Attorneys at Law   One of the most basic real estate laws, which all agents have drilled into them from the time that they first start studying to become an agent, is that all agreements for the payment of real estate commissions must fully comply with the statutory requirements for such… Read more

You Have a Sphere…Now What?

General Real Estate

Jamie Ciocchetti DeLex Realty   When you first start out in Real Estate you were probably told to put together your sphere of influence. Your sphere should include everyone you have any sort of contact with. We list out “all” the people we know “who like us.” We have included past co-workers, friends, family members,… Read more

RFR’s – The Long-Term Benefits to Multi-Family Investors and Owners

Appraisal, General Real Estate

John Tomblin Sofvue.com, OfficeAtlas.com, AirwestDrones.com   One of the most misunderstood and often overlooked conditions of owning a small income property is the Reserves for Replacements (RFR’s), or what is sometimes referred to as “Replacement Reserves.” In commercial real estate transactions, replacement reserves are often mandatory and added to proformas for lending purposes. The purpose… Read more

“Fix-up” Costs Before Sale & 1031 Exchanges

General Real Estate, Investing

Joe Callaway Asset Preservation, Inc.   It is common for many Arizona real estate investors to make repairs, updates, and improvements to enhance a relinquished property in preparation for listing with a real estate agent or broker. A commonly asked question by investors in Arizona is, “Can I be reimbursed from the 1031 exchange for… Read more

How MLOs and Real Estate Agents Make a Great Team

General Real Estate

Britt Scearce Emery Federal Credit Union   Purchasing a home can be a tedious, complicated process for home buyers. Not to mention, it’s a pretty big deal! Amidst the life-changing decisions, having support from trustworthy professionals (cough, cough: a quality mortgage loan officer and real estate agent team) will help to make the process as… Read more

DST 1031 Exchanges

General Real Estate, Investing

Paul Ohanian Scottsdale Wealth Planning   In the course of my business working with high-net-worth families, I have been exploring solutions for clients who are planning to sell their commercial or investment real estate property, often in preparation for retirement, including 1031 exchanges and DST 1031 exchanges. Real estate professionals may already be familiar with… Read more

The 2019 AZ Market Forecast

General Real Estate, Market Forecast

Phil Sexton Sibbach Team – Realty ONE Group   The Greater Phoenix real estate market has seen many changes in the last 7 years. Prices have gone up year-over-year. Sales volume has also improved year-over-year. The Sibbach team’s production has increased every year since 2011. But there is still a bit of caution in our… Read more

The Home Automation Trend Is Selling Houses

General Real Estate, Technology/ Social Media

Sarah Kirsch Richardson Tru Realty   Home automation, or the use of “smart devices” and the Internet of Things inside homes, is more than just a trend: It’s a fundamental shift in how homes are sold, a key factor that has risen, much like the famous curb appeal, as a deciding concept for growing numbers… Read more

Scaling up—Set yourself apart from the competition!

General Real Estate

Jennifer Wehner Associate Real Estate Broker, eXp Realty   The National Association of Realtors just released their annual report, and despite rising home prices Realtors did fewer deals and made less money in 2017. The Median Gross income for sales agents was $29,440 in 2017, down from $33,750 in 2016—a 12.8% plunge! The median number… Read more

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