Key Takeaways: – The old way of doing business is over and there are market challenges to conquer and future opportunities to bet on. – A $5 billion verdict was reached in favor of the plaintiffs in the Sitzer | Burnett commission lawsuit. – The verdict came as a surprise and raised questions about who…
Key Takeaways: – Communication in all circumstances can set services apart – Part 2 of the series focuses on how to approach common bad-news scenarios – Preparation is key, including presenting solutions and options – For scenarios like bad home inspection or losing an offer, presenting a plan of action and next steps is crucial…
Key Takeaways: – Building a dream home in Oregon requires careful budgeting – Consider the diverse climate of Oregon and plan construction activities accordingly – Understand and comply with Oregon’s building codes and regulations – Conduct thorough research to find licensed and reputable contractors – Look into builder associations and certifications for quality assurance –…
Key Takeaways: – Members of the National Association of Realtors are required to adhere to the Code of Ethics. – The Code of Ethics prohibits hate speech and harassment. – Anyone, member or non-member, can file an ethics complaint if they believe a member has violated the Code of Ethics. – The complaint forms are…
Key Takeaways: Luxury brokerage Engel & Völkers has opened a new office in Washington, D.C., led by License Partners Rick Foster, Tom Spier, Phil Di Ruggiero and Travis Gray. The office will serve neighbourhoods in D.C., Montgomery and Prince George’s counties in Maryland, and Arlington, Alexandria and Fairfax Counties in Virginia. The office will specialise…
Key Takeaways: – Eminent domain is a concept that allows the government to take private property for the public good. – It is considered a real-world example of the Trolley Problem from moral philosophy. – The Trolley Problem presents a moral dilemma in which the decision-maker must choose between sacrificing one person to save many….
Key Takeaways: – Real estate investing pros: – Opportunity for leverage – Ownership of tangible assets – Potential for steady income stream – Real estate appreciation – Option for a 1031 exchange – Tax advantages – Real estate investing cons: – Capital tied up long-term – Large up-front initial investment required – Requires a lot…
Key Takeaways: – WeWork, once valued at $47 billion, is reportedly considering filing for bankruptcy. – The company has been struggling for years, and its financial situation has become dire. – WeWork missed interest payments and has been given a grace period to negotiate with stakeholders. – The company has a vast portfolio of locations…
Key Takeaways: – LGBTQ+ Real Estate Alliance’s third annual report reveals discrimination and anti-LGBTQ+ legislation as barriers to LGBTQ+ homebuyers – LGBTQ+ homeownership rate remains at 49.8%, 16.1% behind the national average – Discrimination against LGBTQ+ homebuyers is increasing, with 21% of Alliance members believing it has gotten worse – Legal forms that do not…
Key Takeaways: – Jumbo loans are used to finance homes that exceed the conforming loan limits set by the FHFA – Jumbo loans are often necessary for high-end, luxury homes or homes in expensive housing markets – Borrowers typically need a higher credit score and a larger down payment to qualify for a jumbo loan…
