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How far apart are average list-to-sell prices, and what does that say about the market? Are properties really decreasing their days on market? LeapRE pulled data from the MLS to find the average list price, sales price and days
Forget private funding – the way of the future is crowdfunding, a collective approach to raising funds for both personal and professional activities, where companies and individuals instead seek small donations for their businesses from dozens of contributors from
After years of users struggling with Facebook’s inferior search function, the mighty social media giant has finally launched a new search apparatus: the Graph Search. Infinitely more elegant and detailed than the original search function, the Graph Search promises
What tech tools and training do different brokerages offer agents? We spoke to five tech representatives from five different brokerages: Chris Haran, director of strategic planning and initiatives with Coldwell Banker Jennifer Alter Warden, president of residential sales with
The 10 largest real estate listing sites capture nearly half of all non-mobile Web traffic in a consumer’s online home search, according to data compiled by Experian Marketing Services (formerly Experian Hitwise). The metrics show the percent of traffic
In our analysis of both local and national brokerage websites, we used two primary sources: Alexa.com is a site that provides Web traffic data. We measured the traffic ranks and reaches of several national and local brokerage websites. Hubspot.com is
Your website’s strong content should relate to neighborhoods and communities served. You should have valuable and insightful content that people want to read, because the best way to get people to your site and keep them coming back is
The level of builders’ sentiment remained steady at 47 in January, due in part to an uncertain political agenda in December 2012 that stalled the consecutive increase in builders’ confidence. Contributing factors included ongoing debates about government spending, potential
The annual rate of construction for multifamily buildings increased 23 percent to 330,000 in December 2012, hitting a 4.5-year high. This marks the first time the monthly five-plus rate has been over 300,000 since the housing downturn affected the
1. Give yourself a time audit. Spend the next week documenting every single thing you do in your job. Then, prioritize. If you have an assistant, identify the tasks you can delegate to them. For example, finding leads or
The results are in! With all the news and changes in the mortgage market, we wanted to know what mortgage professionals thought about the market and recent changes, and what their predictions are for this year. We sent this
After months of speculation, on Jan. 10, the Consumer Financial Protection Bureau (CFPB) finally announced its qualified mortgage standards, which are the new, defining lending guidelines for the nation’s banks. Designed to avoid any of the exotic, risky mortgages that
There have been recent reports that certain products have changing guidelines, and that some loans are becoming harder for homebuyers to qualify for. But you should be careful what you read, according to Jon Goldman and Matt Kennedy, senior
As stated in our cover story, one of the main benefits of joining a Realtor association is to access the multiple listing service (MLS). Though syndication sites such as Trulia and Zillow, and online brokerages such as Redfin, offer
With the “broker’s choice” model in place, Chicagoland’s real estate agents are free to join whichever Realtor association suits their fancy, regardless of what region it represents. Why should agents, though, choose one association over another? And how do