It has been said "history repeats itself" and one thing's certain: you can learn a lot from history. Real estate history is no different and has a cycle that more or less repeats. Once you understand this cycle you can anticipate changes ahead to better serve your clients and your business. The most studied and well-known cycle in real estate is over 90 years old and is called "The 18-Year Property Cycle." Here's the 18-Year Property Cycle and why you should know it: … [Read more...] about The 18-Year Property Cycle and Why You Should Know It
Three Important Fall Home Maintenance Check-ups
Experts recommend the following tasks be tackled around your home every year. They are a great way to prevent costly repairs down the road. Clean your gutters Gutters will more likely rust and get damaged when they're clogged. Make sure your roof's drainage system is free of leaves, sticks, and other debris in order to keep your gutters flowing free all season. Check to make sure water is properly diverted by your gutter and downspouts away from your home's foundation. How to Clean Gutters: The 5 Best Ways to Get the Job Done Inspect your roof Homeowners everywhere can attest to the problems a leaky roof will create. Use binoculars to inspect your roof and check for damaged or missing shingles. If you notice a large accumulation of roofing granules in your gutter, it's a … [Read more...] about Three Important Fall Home Maintenance Check-ups
The Truth About Home Warranties
Adding a home warranty to your listing or closing adds value to your business. Experienced real estate agents are well aware of this. We already know that a home warranty can help sell your listing faster and for more money. And when offered as a closing gift to buyers a home warranty makes a memorable gift that helps generate repeat business. However, misinformation abounds and the home warranty industry is no exception. Following are the top five home warranty myths debunked: … [Read more...] about The Truth About Home Warranties
How to Create a Relaxing Thanksgiving Day
We've all heard the motto of the Boy Scouts: "Be Prepared." When its founder was asked, "For what?" he answered, "Why, for any old thing." We will assume this includes a house full of Thanksgiving guests. Here are tips on how to create a relaxing Thanksgiving Day. … [Read more...] about How to Create a Relaxing Thanksgiving Day
Ways to Prevent Your Deals from Falling Through
Today's real estate landscape has never been more challenging when it comes to closing deals. Mortgage rates are at 20-year highs, marked by tight inventory, insurance hurdles and inflation. According to data compiled by Redfin, 15.7% of homes that went into contract in August 2023 fell through. This hurts your seller and can dramatically affect the perception of the property's value. Regardless of how you frame it, there is often a perceived blight on the property when it suddenly shows "back on market." Following are ways to prevent your deals from falling through: … [Read more...] about Ways to Prevent Your Deals from Falling Through