Online Articles
SLANDER OF TITLE = STRICT LIABILITY
May 2, 2017
Christopher J. Charles Founder and Managing Partner, Provident Law One of the chief hallmarks of America’s jurisprudence is our careful protections and respect for one another’s individual property rights. For example, regarding real estate, it is unlawful to record a groundless document or lien against a real property. Indeed, a person who causes a… Read more
Market Summary
May 2, 2017
Michael Orr Journal Columnist, Founder and Owner, The Cromford® Report Each month I highlight key statistics relative to the current market. The chart below shows the change in dollar revenue by price range for closed sales during the first quarter of 2017 versus 2016. Not the explosive growth in the ranges from $100K up… Read more
Lead Generation in the Commercial World
May 2, 2017
Andrew Cheney, CCIM, SIOR Principal, Lee & Associates, Partner, Coppola Cheney Group Generating leads in commercial brokerage is not rocket science, but it takes a tremendous amount of time, effort and discipline. When I first entered the business I talked to many brokers who warned that it took anywhere from three to five years… Read more
Be Social To Generate Leads
May 2, 2017
Russ Scheetz Founder and Owner, Open House Hunters When it comes to real estate lead generation and prospecting the question becomes: “Has generating leads for new real estate business changed?” Every residential real estate agent knows that referrals from past and current clients is the best source for business — that has and will… Read more
A Benchmark for Mortgage Lenders
May 2, 2017
Douglas G. Duncan Senior Vice President and Chief Economist, Fannie Mae Benchmarking is a critical tool for obtaining insights. The Fannie Mae Mortgage Lender Sentiment Survey® (MLSS) — introduced in the first quarter of 2014 — provides exactly that: timely, robust benchmarks intended to help mortgage professionals better understand industry-wide trends and assess their… Read more
A Tribute: Arizona School of Real Estate & Business Old Town Scottsdale Campus
School News
May 2, 2017
Tricia Covert Senior Publisher, Arizona Journal of Real Estate & Business This Journal issue is focused on ways to attract and retain customers. Simply stated, what motivates people to stay loyal? The topic is appropriate as the Arizona School of Real Estate & Business (ASREB) announces that it will be leaving the Old Town… Read more
Words from Jonathan Rothschild, Mayor of Tucson
May 2, 2017
Jonathan Rothschild Mayor of Tucson Tucson’s business incentives — the GPLET, Primary Jobs and Global Economic Development District incentives — have helped employers large and small locate and expand in Tucson, bringing thousands of jobs and billions in economic benefit to the region. Raytheon is investing $233 million in buildings and infrastructure and creating… Read more
Above and Beyond
May 1, 2017
P.R. ‘Randy’ Cooney President, The Success Institute As the seminar “Creating Clients for Life” is approaching, I recall some stories of real estate agents who did some extraordinary things on behalf of their clients. Below are a few stories that come to mind from attending various real estate conferences over the years. I do not… Read more
Market Summary
March 27, 2017
Michael Orr Journal Columnist Founder and Owner, Cromford® Report The market in 2017 has so far continued the trends of 2015 and 2016. We have very limited numbers of entry level homes and first time buyers face a stressful time unless their budget stretches over $300,000. We have less than 40 days of… Read more
FOREIGN SELLERS BEWARE: Why FIRPTA Matters Again
March 27, 2017
Christopher J. Charles, Esq. Founder and Managing Partner, Provident Law Anytime a foreign investor sells real estate in America, FIRPTA1 is triggered and the buyer/escrow agent is required to withhold 10% of the sales price. Due to the high number of Canadian property owners in Arizona, FIRPTA issues are not uncommon. FIRPTA impacts foreign individuals… Read more