Real Estate News


HOA Assessments Based On Square Footage
I live in a condo with 150 different units. Our assessments are based on our square footage. Residents can pay a monthly rent for parking spaces, while guests pay by hour to park in the garage. Since everything else is based on square footage, is it fair or right that I have to contribute so much money to a garage that is losing money.

McMansion Hell blogger fighting back in Zillow listing photo battle
Do you need permission to make fun of listing photos on the internet? That question has real estate pros divided and may lead real estate giant Zillow Group into yet another legal battle over listing photo copyrights. This week, Zillow Group, a company whose market cap currently stands at $8.9 billion, sent a cease-and-desist letter to 23-year-old graduate student and blogger Kate Wagner demanding that that she remove photos obtained from Zillow from her popular architecture criticism blog McMansion Hell ...

10 things your clients should know before moving to a newly built home
Getting clients into a newly built home can be thrilling, but there are things you, and they, need to know ahead of time to help them have the best experience possible. You'll be able to help clients move into their house feeling confident that you've done everything to ensure it will be a home by staying involved in the process with a little research. ...

Property Panorama aims to give agent listings a big SEO boost
The same search engine optimization tool used by Zillow, realtor.com and other aggregators is now being used by a major producer of virtual tours to allow agents to once again deliver homes for sale directly to would-be buyers ...

NAR: Pending home sales plummet for third consecutive month
“Monthly closings have recently been oscillating back and forth, but this third consecutive decline in contract activity implies a possible topping off in sales,” said NAR Chief Economist Lawrence Yun. “Buyer interest is solid, but there is just not enough supply to satisfy demand. Prospective buyers are being sidelined by both limited choices and home prices that are climbing too fast.” ...

Zillow helping homebuilders figure out where to break ground
Homebuilders that advertise with Zillow Group can now get deeper insight into homebuyer preferences and housing supply to figure out where to break ground next ...

How a real estate broker added value to his business by launching the Seattle School Guide website
Phil Greely, a real estate broker at Realogics Sotheby's International Realty in Seattle, understands better than most real estate salespeople that school ratings don't give a complete picture of any school. "I was going to be a high school teacher before I got into real estate; I have my master's in teaching from the University of Washington," he explained. "So the internet in general and websites like greatschools.com were becoming more prevalent, and it was pretty clear that anything that was online to evaluate a school was based on raw data, which typically translated into standardized test scores." ...

36 useful items for real estate agents to keep in the car trunk
Between the listing appointments, buyer showings, open house events, home inspections and office meetings, real estate agents tend to spend a lot of hours in their vehicles. And when you're accustomed to all that windshield time, your car becomes a stash spot for important items -- things that help you do your job and essentials you simply can't live without ...

6 hard truths about buying a fixer-upper
The lure of the fixer-upper is tempting for buyers. The “bargain” price of a fixer, compared to the price of an average house nearby, makes a real estate agent's phone ring off the hook with showing requests ...

What goes into ‘quality’ real estate photography?
With more than 90 percent of buyers starting their home search online, listing photos are your new curbside. And if you want buyers to stop and investigate further, your exterior photos, especially, need to create a positive first impression ...

3 things you need to stop overthinking when creating video
Creating video isn't an option when it comes to successful marketing for real estate agents -- it's a necessity. Here are 3 things you need to overcome ...