Purchasing a home often comes with a hefty price tag, but a surprising new report from Zillow shows that it costs a pretty penny to sell a home as well. In 2019, the average U.S. home seller spent $20,851 to sell their property, according to Zillow and Thumbtack's 2019 Hidden Costs of Selling analysis. This number includes the obvious closing costs, as well as improvements...
The heart of the home is the kitchen—and buyers are eager to fork over for a showpiece. According to an analysis conducted recently by Zillow, adding commercial-grade features to the kitchen pays a premium. Evaluating 4.6 million home listings in the past year, Zillow discovered that the features garnered anywhere from 24-34 percent more at sale. Of the 10 biggest...
In the following interview, Toby Lim, CEO of Treasury Homes with Keller Williams Realty in Vienna, Va., discusses the firm’s growth, and how leads have played a role.
Region Served: Arlington, Fairfax, McLean and Tysons, Va., Northern Bethesda and Silver Spring, Md., as well as all of Washington, D.C.
Years in Real Estate: 4
Number of Offices: 1
This past year, each individual honored as one of RISMedia's 2019 Real Estate Newsmakers made headlines in his or her own way. Whether it was through charitable work or notable growth, each honoree made a positive impact in the real estate industry. Here, we highlight a few who were chosen as Newsmakers in the Inspirations category: Mischa Angel, Associate Broker...
2019 Findings Highlighted in Power Broker Profiles Tens of thousands of industry professionals have sourced RISMedia for analysis of the ranking and research results of RISMedia's 31st Annual Power Broker Report Top 500 since its release last month, and now, the company has released an expanded ranking—the Top 1,000 brokerage firms—through a new, interactive...
In our April edition of Great Spaces, we're looking at deluxe city living with some of the nation's most stunning urban homes! Magic in Murray Hill Explore this two-bedroom, two-bathroom terraced penthouse in New York City's luxury Murray Hill Windsor Tower. Stellar features include 18-foot ceilings studded with windows overlooking the East River and a 1920s-era...
Creating a business plan is a critical first step in setting yourself up for success. But, if you’re like most real estate professionals, life often gets in the way—and your business plan takes a back seat to the day-to-day minutiae involved with working with clients and successfully closing deals. RISMedia’s latest webinar, "Turn Your Business Plan Into an...
By Bill Gassett Do real estate agents make mistakes when pricing a home? Of course. This is why it's so important to go with an experienced agent and one you can trust at the same time. Related: Growing and Slowing: What to Expect for Home Prices, and Where Sometimes an agent will make a pricing mistake for no fault of their own. You'd be surprised by how many sellers...
In the business of real estate, a combination of forces impact the market and profitability. According to RISMedia's 2019 Power Broker Report, housing-related legislation is less pressing, but concerns exist, and "economic uncertainty" is one of the top two challenges for Power Brokers this year. Despite only 1.5 percent of Power Brokers challenged by changes to...
Editor's note: These quotes originally appeared in this month's edition of Real Estate magazine, which you can view here. Released last week, RISMedia's 2019 Power Broker Report ranked the nation's top real estate firms by 2018 sales volume and total transactions. The Top 1,000 Power Brokers reported a collective sales volume of $1,424,776,652,825, with NRT again...
