Real Estate Industry Blog

The green movement has been around for a long time, but it wasn’t until 2008 when oil price spikes caused utility companies to add fuel surcharges to customers’ bills. Not only that, but homeowner’s these days have plenty of other incentives to save money on their utility bills any way possible with droughts and water [...]

According to an article written by Dr. Al-Hammad there was a system per-say dating back to the Roman days and throughout the Feudal periods (Medieval Legal System). The concept of this system was in fact similar in the sense of collecting fees, although it was really more like servants for the powers to be, collecting [...]

The current housing market is perfect for flipping houses and therefore house flipping is quickly becoming a hot real estate trend all over again (after being incredibly dormant since the real estate market crash). Here is some essential information for anyone looking into flipping houses as a way to make a profit in the current real estate [...]

Trees and shrubs add visual appeal to any homeowner’s lawn or backyard – but only when they’re in tip-top shape.  Better Homes & Gardens and HGTV offer some key maintenance tips. Pruning To keep plants lush and healthy, prune dead branches or leaves regularly.  If a plant is already infected with a disease or pests, [...]

Make sure your home is a safe and happy place for you and your family with these ten tips from the Home Safety Council:   Prevent Falls: 1.       Keep stairs and walkways well lit & clear of obstacles. 2.       Install grab bars & non-slip mats in your bathtubs & showers.   Prevent Poisonings: 3.       Keep [...]

ForeclosureDeals.com recently released an infographic that compares rental prices and home prices over the last three years. According to the data contained in this infographic, home prices have gone down by 46%, while rental rates have gone up by 60%. This trend brings to light one of modern society’s most common debates regarding housing is this: Should [...]

Allowing pets in your rental unit is a risk that many property managers in Louisville are hesitant to take.  They have the potential of being quite destructive – soiling carpets, chewing various surfaces, scratching doors or walls, and digging.  While this risk is definitely present, allowing pets also presents a new revenue stream that can make a [...]

For a property owner to do business with a property management service, they must feel that their 8-10% management fee is valid and deserved.  When you take a call from a prospective client, you must sell yourself based what you truly offer.  This article covers some key areas to explain when discussing your companies role [...]

Our business model lately has had great success with rentals and property management.   Rentals have many advantages, so don’t ignore them.  A savvy company might even start out newer agents in their rental department.  The great news about rentals is, everybody wants and/or needs one because of their current situation.  Also rentals are fast cash [...]

Whether you’re listing a property for the first time or the tenth, it’s important to confirm that your pricing is market competitive.  Setting a proper rental rate ensures that you’ll attract plenty of customers to the listing, while also being able to maintain a high standard of tenant screening.  In my property management company, we [...]

August was a busy month in real estate with sales significantly up in both single family home and condominium markets. Single family home sales hit their highest level this year, up 20% to 272 units from August 2010. Condo sales were strong, up 15% to 334 units for the same period last year. The combination [...]

Maybe you’re the lucky landlord that has the perfect tenant renting from you.  How long will they remain perfect? Will they continue to go take immaculate care of the property, pay rent on time, and go beyond the call of duty as set in the rental contract; or will their attitudes begin to wane as [...]

The news that the federal government is strongly considering a plan to turn over 250,000 foreclosed homes into rental properties has led many in the real estate industry to ponder the implications and possible benefits of the move. Under the plan, the federal government would either sell foreclosures in bulk to investors (with a guarantee [...]

Finding the right homes in the real estate market today to purchase is not the most difficult of tasks. The over-abundance of supply – including foreclosures as well as traditional homes for sale – gives prospective buyers a wealth of options. The lower home prices certainly don’t hurt matters, either. Some of the best targets [...]

Posted by: DotLoop, Where Deals Get Done™ Stay on the ball, focus on the goal at hand and keep your head in the game. How often have we all heard these sayings? Meant to emphasize the importance of concentrating on one task, they’re often applied to the business world. The more focus you can put [...]

Build the relationship The best salespeople seem to be able to talk to their clients with ease. That’s because they’ve built a relationship with them from the start. Personal relationships sell easier because people naturally tend to think negatively of salespeople. It’s easier to say yes to someone you like, so take time to get [...]

A good marketing strategy is one aspect of business that any company or entrepreneur needs to evaluate on a regular basis. Those who fail to adjust and update marketing efforts run the risk of losing touch with their customer base and missing out on future business. This notion has never been more pertinent as mobile [...]

It’s official: real estate markets nationwide have lost more over the last few years than they did during the Great Depression. Specifically, from 2006 to the first quarter of 2011, nationwide real estate markets have lost roughly 33% in value, compared to the 31% in value lost from 1929 to 1933. And the worse news: [...]

Posted by: DotLoop, Where Deals Get Done™ Most Americans dream of owning a home, but become deterred by negativity surrounding the housing market. Rather than speak with a REALTOR® about their options, they decide to continue renting –wasting money in the process. If only such renters knew the value of owning a home is –more [...]

Posted by: DotLoop, Whrere Deals Get Done™ Facebook is the king of social media. As one of the first websites to thrive on user generated content, it continues to grow in popularity. With more than 600 million users worldwide, it ranks among the top three most popular sites – surpassing Google™ in traffic at one [...]