Online Articles
Scaling up—Set yourself apart from the competition!
October 1, 2018
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
Small Balance Commercial Financing: Where to Start
October 1, 2018
Michael Bennett CEO/Owner, B.E. Lending Whether you are highly experienced in commercial real estate or not, financing your acquisition or refinance can still be a great challenge. Loan programs are constantly changing, rates ever in flux, and new lenders are consistently entering and exiting the commercial finance space. Who should I contact? How do… Read more
Selling Commercial vs Residential Real Estate: What are the Differences?
October 1, 2018
Tony Gilbert Realtor® ABR®, The RealFX Group – Washington When it comes to selling real estate of any kind, there are many universal truths that agents can adhere to. These truths include the old adage of location, location, location, along with the value of politeness, manners, efficiency, and professionalism. Anyone who’s buying a piece… Read more
Innovative Ways Agents Are Finding New Listings
October 1, 2018
Nate Hoelzen President, Arizona Journal of Real Estate & Business New listings are the lifeblood of a real estate agent who’s looking to thrive. But how do you know where to look? Sure, there are the obvious, well-trodden strategies that have worked for many in the past. Cold calling, knocking on doors, and asking… Read more
October 2018 – Letter From the Publisher
October 1, 2018
Nate Hoelzen President, Arizona Journal of Real Estate & Business Dear Readers, If you have visited downtown Phoenix recently, you will notice some changes to the skyline – condominium development is in full swing. In addition to a 30-story high-rise apartment building, there will be 1 million square feet of office space, nine new restaurants,… Read more
LAYING DOWN THE LAW – PROTECTING YOUR REAL ESTATE COMMISSION
August 30, 2018
Christopher J. Charles, Esq. From time to time, even the best, most experienced real estate brokers encounter real estate commission disputes. Disagreements over commissions take many forms, such as: (1) when a client prematurely “cancels” the listing; (2) when a client “cancels” a purchase contract; (3) when a client allows the property to proceed to… Read more
APPRAISING A LUXURY HOME: DETERMINING VALUE WHEN THERE ARE NO COMPS
August 30, 2018
John Tomblin Sofvue.com, OfficeAtlas.com, AirwestDrones.com Appraisers have numerous valuation tools in their cache when it comes to appraising homes. These include the “Sales Comparison Approach,” the “Income Approach,” and the “Cost Approach.” For most residential appraisals, the Sales Comparison Approach is the most widely accepted and reliable indicator of value. But what does an… Read more
Undue Influence — or Not?
August 30, 2018
David Allen Partner, Jaburg|Wilk Attorneys at Law Has it ever crossed your mind — even if only for a moment — that if you are extra super nice to rich old Aunt Harriet (or whomever the “Aunt Harriet” in your life may be), who is getting up there in years, never had any children,… Read more
Arizona Department of Real Estate Education Update
August 30, 2018
Commissioner Judy Lowe Arizona Department of Real Estate Arizona Department of Real Estate (ADRE) recognizes that the caliber of real estate education provided to licensees is crucial in promoting professionalism and consumer protection. The ADRE, in collaboration with Arizona’s real estate educators, is constantly researching ways to enhance educational standards, including content quality, content… Read more
Navigating Legal Issues When Practicing in the Luxury Housing Market
August 30, 2018
Kristin E. Rosan Partner, Madison & Rosan, LLP Attorneys at Law Most will agree there are key differences in clientele when practicing in the residential market versus the commercial market. Similarly, there are differences in clientele between the residential market and the luxury home market. These differences make it easy for agents to alter… Read more