At long last, the time has finally come for the Fed to begin cutting rates in September. As a result, real estate investors will likely benefit from a tailwind over the next couple of years, after a rough prior two years. Mortgage rates peaked in October 2023 but rose again from December 2023 through April [...]read moreMaximizing Real Estate Returns In A Rate Cut Environment
With the real estate industry finally lowering commission rates after August 17, 2024, a battle is brewing among brokerages and agents to win business. For example, Sotheby’s has decided to charge 2% to the seller and 2% to the buyer—or even less—to stay competitive. Other brokerages will likely follow suit. For individual real estate agents, [...]read morePerformance-Based Commission Rates By Top Real Estate Agents
I recently received an email from an agent at Sotheby’s, a prominent real estate brokerage with 1,115 offices located in 84 countries and territories worldwide, and I thought it was worth sharing. The email likely originated from Sotheby’s senior management and was then distributed to agents, who could choose to send it to their prospective [...]read moreProof The Real Estate Industry Is Finally Lowering Commissions
In This Article This article is presented by Rent to Retirement. Read our editorial guidelines for more information. When you’re researching potential real estate markets to invest in, what do you look for? We all know the basics: Look for below-market value. Find areas where rentals cash flow well. Look for affordable areas popular with renters. This [...]read more4 Unconventional Signals That Show Me Untapped Potential in a Real Estate Market
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. “Life’s not fair, Habibi” is a familiar response to children to typically get them to radically accept a situation instead of throwing a [...]read more4 Fair Housing Essentials Any Real Estate Professional Can Champion
In This Article The ultimate goal of real estate investing is financial freedom. It is not just to do a deal. To get financial freedom, you need an income that meets these requirements: Rents rise faster than inflation. Unless rents rise faster than inflation, you will not have the additional dollars to pay inflated [...]read moreInitial Market Analysis Is the Most Important Part of Any Real Estate Deal
Real estate is a people business. You could buy several rental properties, but without the right people in the right roles, you’re going to be swimming upstream. Today’s guest has dedicated many years of study to this problem and is here to help you make better people decisions! Welcome back to the Real Estate Rookie [...]read moreHow to Use Science to Find the Right People for Your Real Estate Business
With each year, technology helps us to work smarter in some ways but not so smart in other ways. One critical area as generative AI becomes increasingly our personal assistant is to not outsource the upholding of fair housing laws. Why? If you did not know, generative AI already has instances of contributing to and [...]read moreResponsible AI in Real Estate: Will Artificial Intelligence (like AI Chatbots) Get Me “Canceled”, Blocked, Fined or Jailed?
With the number of instances of wire fraud continuing to rise, many victims are turning to court to seek damages after a large portion of their life savings or business liquidity was stolen by scammers. According to a report published Thursday by wire fraud prevention firm CertifID, real estate agents, brokers and title companies are [...]read moreReal estate firms may be on the hook for wire fraud losses: CertifID
In This Article Key Takeaways I started learning about real estate investing after experiencing an early morning panic attack about my financial situation. My first deal came through word of mouth, and I secured financing by borrowing against my wife’s 401(k). I learned from other successful investors and wholesalers about generating leads and finding [...]read moreHow I Mastered Real Estate Deal Finding After a Panic Attack