Online Articles
MANAGING ENERGY RESOURCES
February 27, 2018
Tom Forese Chairman, Arizona Corporation Commission Arizona has a proud history of managing its essential resources to provide an attractive location to live, work, and recreate. We owe a great debt of gratitude to those who have gone before us and have paved a way to provide adequate water and energy to our residents… Read more
PUBLISHER’S LETTER
February 27, 2018
Tricia Covert Publisher, Arizona Journal of Real Estate & Business It’s interesting to talk to Phoenix natives who have lived in the city for decades. They’ve seen Phoenix as a western town with barren roads and large desert lots – not too long ago. Today, Old Town Scottsdale is a perfect example of how… Read more
LAYING DOWN THE LAW – ENFORCING COMMISSION AGREEMENTS
January 30, 2018
Christopher J. Charles, Esq. Every now and then REALTORS® are faced with a tough decision when their client cancels the listing prior to its expiration or cancels the purchase contract. Should the agent: (1) extend grace and hope to preserve the relationship with the client; or (2) demand payment for their commission? Because listing… Read more
ON CONSUMER DEMAND
January 30, 2018
Dan Mayes Senior Vice President Management & Analytics, Offerpad “Change is the law of life. And those who look only to the past or present are certain to miss the future.” John F. Kennedy Over the past decade, we’ve seen consumerization have an incredible impact on everything from devices to services. In that very short… Read more
COMMERCIAL: EMBRACING THE INEVITABLE
January 30, 2018
Suzanne Kinney President & CEO, NAIOP Arizona The Internet. Big data. Virtual reality. Machine learning. Blockchain. Crowdfunding In the past, these technology terms were not part of the vernacular in the commercial real estate (CRE) community. How times have changed. With the quickening pace of innovation and the growing sophistication of investors and occupants,… Read more
CROWDFUNDING STRENGTH
January 30, 2018
Javier Benson Senior Vice President, RealtyShares Real estate crowdfunding has had an effect in cities of all sizes throughout the nation by harnessing technology to reshape project financing. With networks of individual and institutional investors, these marketplace investing companies can offer flexible capital far faster than traditional sources. From a wealth-building perspective, real estate… Read more
A WAKE UP CALL FOR RESIDENTIAL REAL ESTATE
January 30, 2018
Sarah Richardson Designated Broker, Tru Realty Residential real estate has experienced a significant amount of change this past decade. There have been seismic shifts in the brokerage landscape, a historic economic upheaval, new rules for title and added scrutiny to the lending process. We, as industry insiders see these changes firsthand every day. As… Read more
BITCOIN INVESTMENTS
January 30, 2018
Paul Ohanian Founder & CEO, Scottsdale Wealth Planning Inc. I have been watching the sharp rise in the market value of bitcoins over past months with cautious curiosity and the intense media coverage and public reaction with great interest. While cryptocurrencies have historically held niche appeal with digital enthusiasts and people who believe the… Read more
THE FUTURE OF REAL ESTATE: ADOPT, ADAPT & ADJUST
January 30, 2018
Mark Stapp Fred E. Taylor Professor of Real Estate and Executive Director, Masters of Real Estate Development, Arizona State University, W.P. Carey School of Business “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” R. Buckminster Fuller The impact of technological… Read more
PUBLISHER’S LETTER
January 30, 2018
Tricia Covert Publisher, Arizona Journal of Real Estate & Business As a lead-in to 2018, the first two Journal issues of the year are dedicated to an important topic: technology. The type of technology is not the latest app or gadget new to the market, but a shift that is proposed to change how… Read more