By Anita Alvarez The sharing economy has already seen wild disruption in the transportation and travel industries with Uber and Lyft. Experts are trying to predict if the next wave of sharing economy innovations will hit the retail industry. However, real estate is fluctuating in its response to the sharing economy, wondering what effect it will have on small and...
By Justin M. Riordan It always cracks me up when I see Regional Multiple Listing Service (RMLS) photos in July that show homes with fall leaves. The first thing I think is “must be a dud, it’s been on the market since last fall.” Selling homes is an art. Not so much “still art” like painting or sculpture, but more like “time based art” like dance or...
By Dana Larsen Credit: Stokkete/Shutterstock To keep up in the real estate industry these days, agents have to be well-versed in technology. In fact, in June 2014, Google's Consumer Survey reported that mobile phones accounted for 27 percent of total searches related to buying a home, which is up 19 percent from the prior year. And mobile and tablet consumer usage...
To say that we live in a society driven by information is an understatement. Content and its dissemination have truly morphed into the lifeblood of our culture. Everyone is seemingly starved for content that may affect their professions, personal lives, health, happiness, and more. With all of the social media channels, blogs and websites available to us, RISMedia...
The “magic of homeownership.” That’s how Julián Castro, secretary of the U.S. Department of Housing and Urban Development (HUD), described one of the pillars of the American Dream during a speech at the 2015 convention of the Mortgage Bankers Association. “President Johnson once said that owning a home is more than just a cherished dream: It represents achievement,...
By Bud Clark, Managing Broker at Willis Allen Real Estate With the 2016 Presidential election being such a hot topic right now, everyone’s buzzing about what influence the election will have on the U.S. economy, consumer spending and yes, the real estate market. Yet, in reality, a closer look suggests something quite different is taking place, a textbook example...
Just when you think you've seen every possible way to market a home—from Michael Jordan's voice-over to this “babe” infested monstrosity--someone rolls in to prove you wrong. Recently, California-based real estate company SF Good Life unleashed a new listing video starring several fluffy, four-footed friends. “Kitten Invaders” showcases the listing 16...
Few brokers have bested the challenge of motivating agents to adopt technology—and with a revolving door of new tools, overcoming that challenge appears a fool’s errand. But as attendees of RISMedia’s recent Broker Best Practices Webinar learned, there are solutions that impart a positive effect on agent adoption outcomes, and they start with one question: Why? “It’s...
According to the U.S. Census Bureau, millennials now number 83.1M – more than one quarter of the nation’s population. As the largest demographic cohort in America, millennials are a powerful buying force and brands are vying for their attention. They are the largest source of new demand for rental housing and represent 32 percent of the U.S. home buying market...
Across the U.S., homeowners’ associations are on the ascent. According to the U.S. Census Bureau, 59 percent of newly constructed homes in 2014 were part of a homeowners’ association. That’s up from 46 percent in 2009. So, what’s the draw of homeowners’ associations? By the same token, what are the drawbacks? “A well-run and managed HOA can be a blessing,...
