The mortgage lending industry and its public referees have responded to short-term rentals with more accommodation than restriction, a positive development for homeowners who hope to earn income through a short-term rental platform. Not only is it possible for homeowners to potentially secure more favorable financing terms on their primary residences if they are renting them out — they also have the same opportunity to do so if they purchase a second home.

Whether you work in property management or your clients are looking for advice on how to capitalize on these opportunities, it’s important to consider the ways managing a short-term rental property differs from managing one for long-term tenants. Here are a few key factors to weigh before making a decision.

Many agents and brokers are already using predictive analytics to determine homebuyer patterns and behaviors, and the trend lines point to more adoption of this technology as it matures.

Though @properties is one of very few independent shops that develops technology in-house, co-founder Thad Wong said they didn’t initially set out with any particular focus on technology.

Learn how one Dream Town agent rolled up his sleeves and got to work employing his limited programming skills to create a site for his business that uses a custom-built search function.

Keeping up with the latest tools requires not just deciding to use technology, but ensuring everyone on the team is able to take full advantage of it.

There are a few technologies that are poised to make significant leaps in the next year or so. How will they affect how you
do business?

Many of the challenges a managing broker faces can be met head-on by recruiting the best talent available. But recruiting agents isn’t always about finding those with the best sales numbers or those who bring in the most money.

After her husband and business partner died suddenly, Emily Jeffries had to become the new managing broker of the office, taking over daily operations while preparing for and taking the test to earn her managing broker license.

There’s more than one way to look at marketing, and three managing brokers shared their favored approaches with us.

Agents share the best advice they’ve received from leaders at their companies.

Jumping over hurdles to get to the closing table is nothing new for real estate professionals selling luxury properties; it’s practically in the job description. They don’t let obstacles undermine their determination to complete a transaction, whether it’s the

New trends emerge every year, and the start of the spring selling season is a great time to take stock of what will be in demand this year. Here are a few things that today’s high-end buyers are looking for.

Many homebuyers want the same thing — a house in a community they love where they can watch their family grow. But some people are looking for something extra, whether that’s a prestigious neighborhood, exquisite amenities or a home

Find out what Chicago Agent magazine readers who work in the luxury business have to say about their clients, transactions and trends in the market.

Chicago is one of the many cities identified as “power markets” by Coldwell Banker’s Global Luxury program, a distinction that didn’t surprise Dawn McKenna.