Each generation faces its own set of challenges. When it comes to home-buying, millennials are finding it difficult to reach their homeownership goal, which for many is a huge step in achieving the American Dream. High student loan debt is just one obstacle standing in the way, keeping millennials from saving enough money for a down payment—and the longer they wait,...
By Ashley Lipman Nowadays, we're seeing larger cities—like Los Angeles, Calif., and Washington, D.C.—take a backseat to smaller up-and-comers, such as Omaha, Neb., and Dallas, Texas. From 2011 to 2016, Dallas' GDP rose a whopping 26.6 percent, and Omaha consistently has one of the lowest unemployment rates in the U.S. But no matter which city renters are looking...
Game On: Inventory Issues Can’t Stop Power Brokers—See Who Made the Top 500 in RISMedia’s 30th Annual Report
For the Power Brokers ranked in RISMedia’s 30th Anniversary edition of the Power Broker Survey, 2017 was a boom year. Combined, Power Brokers garnered a massive $1,314,358,548,496 in sales volume—a more than $100 billion increase from 2016—and...
By Kara Masterson It was great to have your own place, but it's finally time to move out and look for something beyond your starter home. You've probably saved a little cash and are ready to finally be in a place you're proud to call home. The following four tips can help you move out stress-free: Reduce Debt Before Your Move Buying something beyond a starter home...
How are you leveraging your database? In the latest RISMedia webinar, "Your Database: Maximizing Its Potential for Profit," moderated by Cleve Gaddis, coach with Workman Success Systems, and sponsored by Elm Street Technology, the focus was capitalizing on your database to generate maximum ROI. Related: From Contact List to Follow-Up Machine: Database Tips Featured...
Social media marketing offers real estate agents a powerful tool for their business. Most REALTORS® have at least considered creating a Facebook, Twitter or LinkedIn account, and many more already have accounts where they try to draw in potential clients. But there's a learning curve to using social media, especially when it comes to bolstering a real estate business....
It's that time of year again. The spring market is in full swing and crowds of buyers are fighting over their dream house—or at least the closest thing to it, considering this year's nationwide inventory shortage isn't leaving many options. So, what does that mean? For the most part, higher prices, more competition and a whole lot of bids. Listings in good condition...
Single women continue to outpace single men as homebuyers in the U.S. housing market. Last year, single men only made up 8 percent of homebuyers, while single women made up a whopping 18 percent, according to the National Association of REALTORS®' (NAR) 2017 Profile of Home Buyers and Sellers. Related: Where Are Women Buying Homes? The profile also reveals that...
As owner and principal broker of VR Gateway Business Brokers of St. Louis, Jeff Kalil currently serves as a licensed real estate professional, a member of the St. Louis Chapter of CCIM (Certified Commercial Investment Member) and a Military Relocation Professional specialist. However, Kalil tells us that his main focus is helping business owners sell their companies...
By Scott Bay Owning a rental property can be a lucrative business. There's a lot of potential for landlords to generate passive income by renting out homes. Real estate isn’t all passive, though. Property owners should be checking in on their rental properties on a regular basis to ensure tenants are taking care of the home and that everything is in good...