3 PR tips to rehab your reputation | How new agents can start their career strong | Old meets new for a fresh home design
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We've all heard the expression, "There's no such thing as bad publicity." But when it comes to real estate, your reputation can make or break your business. These tips, widely used in the PR world, can help strengthen your presence in your market.
There are many more people entering the real estate profession. That, in conjunction with so many long-time successful salespeople and so little inventory in a fast-changing market, can make ramping up your business as a new agent a little daunting. Here are seven ideas from young professionals to get you started.
A design approach that preserved the character of one Victorian home in Kentucky while also embracing modern touches led to a look that was greater than the sum of its parts. Contemporary pieces and modern prints were paired with antique furniture and vintage rugs for a unique, stylish charm.
Pittsburgh; Hartford, Conn.; St. Louis; Cleveland; Richmond, Va.; Kansas City and Cincinnati ranked among the popular metro areas for first-time home buyers, according to Bankrate.com. "The housing boom of the past two years has widened the affordability gap between low-priced and high-priced metro areas. But with remote work becoming the norm for white-collar employees, it's possible to keep the fatter paycheck while living in a cheaper area," analyst Jeff Ostrowski says.
Prospective home buyers should understand that home prices are likely to stay high due to inflation and inventory shortages, says Dr. Lawrence Yun, chief economist with NAR. Buyers should calculate how rising mortgage rates affect their budget and consider a five-year ARM if they don't anticipate being in the same home for long.
Real estate underperformed broader markets in May, with the FTSE EPRA/Nareit Developed index posting a total return of -4.3% and the Global index posting a return of -4.2%. Inflation and monetary policy have dampened broader economic growth expectations, and news that Amazon is planning to sublease at least 10 million square feet of industrial space continues to weigh on the market.
Many pieces of technology have an expiration date. New gadgets and devices push out older ones, so take a look at some of the tech you may be able to retire.
The BRIDGE Housing nonprofit is building a 70-unit affordable housing development for older adults in Pasadena, Calif. The project is geared toward extremely low-income older people and includes onsite case management and support from Union Station Homeless Services.
New York City legislators have agreed to earmark around $5 billion for affordable housing in the city's 2023 budget. The budget also includes funding for property tax rebates.
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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