Help, advice and practical how-to-guides for home remodelling, maintenance and construction
The Florida residential real estate market is suffering from slow response times and complacency among local agents, according to Joseph Bograd, team leader of The Bograd Team. When Bograd tried to rent a property in Florida four years ago, he experienced delays that would be unacceptable in his Pennsylvania market, and he immediately recognized an ...
South Florida’s luxury condo rental market is facing a sharp decline in profitability, with investors offloading properties purchased less than a year ago as high HOA fees and soaring insurance premiums wipe out expected returns. According to Joseph Hunike, COO of Threshold, these escalating costs are undermining the economics of high-end condo ownership, pushing even ...
Pennsylvania broker Joseph Bograd, team leader of The Bograd Team, argues that current market conditions are removing underqualified agents and producing a more professional, competent agent population. While some in the industry view agent attrition as a crisis, Bograd describes it as a necessary adjustment that benefits clients and the real estate profession as a ...
As real estate companies accelerate their move to digital platforms, one Pacific Northwest broker argues the industry is overlooking a crucial asset: the ability for clients to walk in and build a personal relationship with a broker. While much of the real estate industry has spent the last decade investing in online platforms, Ellen Bohn, ...
Real estate agents struggling to motivate buyers in today’s high-rate environment may be approaching the problem from the wrong angle, according to one team director who says the key is reframing the entire conversation around what buyers can control versus what they can’t. Nate Armstrong, Chief Sales Director at K2 Omni Group, has developed a ...
Independent real estate brokers who pride themselves on autonomy may be inadvertently limiting their growth potential by operating outside established networks that provide access to elite peer groups and shared resources, according to one team director who made the transition from independent to network-affiliated operations. Nate Armstrong, Chief Sales Director at K2 Omni Group, says ...
Brokerage executives are finding that traditional financial statements alone no longer provide the clarity needed to run a successful real estate business. According to Cheryl Wellman, Chief Financial Officer at AccountTECH and former controller at Premier Sotheby’s International Realty, financial reports frequently show what happened to profitability but fail to explain why results changed or ...
Florida’s real estate market is experiencing a contract failure epidemic, with over 18% of buyers walking away from deals in October alone – but according to one experienced broker, the problem isn’t what most industry professionals think it is. Kathryn Zangrilli, broker-owner of Broker Brothers LLC with 25 years of experience across Jacksonville and Naples ...
South Florida’s condo market is experiencing a dramatic affordability crisis as insurance costs and regulatory changes drive maintenance fees to levels that are pricing out local buyers, according to a veteran real estate professional with nearly five decades of market experience. Jim Corbin, an associate at Illustrated Properties who has been active in Wellington real ...
Most real estate brokerages receive income statements that show what happened to their finances, but few get the context they need to understand why those numbers moved – a gap that’s becoming increasingly costly in volatile markets, according to industry finance expert Cheryl Wellman. Brokerages increasingly want more than a standard income statement. They’re looking ...
Memphis has a homeownership problem that goes far deeper than affordability, according to one local real estate professional who says the majority of renters in the city could actually qualify to buy but simply don’t know it. According to Ricki Fitzpatrick realtor with Keller Williams Realty, the fact that 55% of Memphis residents rent their ...
When Erik Hayden’s real estate development firm Urban Catalyst was forced to lay off 75% of its staff and move operations into a plumbing company office, it crystallized a harsh reality about the development business: macroeconomic forces beyond any developer’s control can destroy even well-positioned companies. Global macroeconomic pressures – including the pandemic and elevated ...
The construction industry has been approaching proposals all wrong, according to one technology executive who argues that successful bids aren’t about attractive layouts or compelling copy – they’re about demonstrating risk mitigation capabilities through data. Nikhil Almeida, co-founder of construction AI platform Joist, notes that many construction firms approach proposals as marketing materials rather than ...
The home staging market in central Pennsylvania is experiencing a clear divide in agent experience and attitudes depending on location, according to Kristie Matthai, owner of Linden Creek Home Staging. Matthai, who brings 15 years of corporate marketing experience to the staging industry, recently outlined the main obstacles facing the region’s staging sector and pointed ...
Real estate investors continue to leave money on the table – or create unexpected tax bills – by mistiming their cost segregation strategies, according to Brian Kiczula, a specialist with CostSegRx. Kiczula says the biggest issues stem from weak planning and misunderstandings about how accelerated depreciation interacts with broader tax strategies. The Disposition Planning Gap ...
