More companies are hoping to capture an internet domain name beyond the standard .com, and some are willing to pay premium prices for a domain that ties into their industry.Donuts Inc., a domain name provider, announced what is believed to be one of the largest sales to date for a premium domain name in real estate–related industries with the acquisition of “home.loans” for $500,000. Donuts holds a giant portfolio of top-level domains on th
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The housing market and economy are starting the year with a fairly strong start, but several challenges persist in 2018. Freddie Mac economists point out some of the biggest risks to the economy and housing markets: declining affordability, obstacles to millennial homeownership, and the possibility of another recession.Home sales, housing construction, and housing prices are expected to move modestly higher in 2018 compared to 2017, Freddie Mac n
The number of cohousing communities is on the rise across the country and is spotlighting the desire for greater multigenerational neighborhoods. There are currently about 165 such communities but another 140 are in the planning stages, according to the Cohousing Association of the U.S.In these communities, people own their own homes and can sell them. Residents contribute to a fund for maintaining shared facilities.A development called Pioneer
The cryptocurrency is generating more buzz in real estate. Bitcoin can have a fluctuating value, but that isn’t stopping some sellers from wanting to accept the currency for their home sale.In one recent example, a seller of a condo in Miami says he is only willing to entertain bitcoin offers. Several other listings are also showing willingness to accept the digital currency as a payment option.Fortune recently sought to find out how many bit
Maybe you’ve received a “Let’s meet for coffee” invitation from a mortgage loan officer. How should a real estate professional handle being prospected?Even if you have a preferred lender or two, you might find value in meeting beyond just a free cup of coffee, says Ryan Brandenburger, branch manager of Ohio-based CrossCountry Mortgage. Here are three points to consider asking a mortgage loan officer about. Tips on the current loan proces
Mixing business and family can get messy. However, family and friends may be your main source of business when you’re beginning to sell.“The choice is fraught with risks—both to your relationship and to a successful real estate deal,” writes Daniel Bortz, a real estate pro in the Washington, D.C., area in an article for realtor.com®.Bortz shares some of the lessons he’s learned about the pitfalls of working with family members on
The open floor plan has been popular in many new home designs. Homeowners are showing a desire to have no walls separating the kitchen, dining, and living areas. In fact, 84 percent of new single-family homes have fully or partially open layouts, according to the National Association of Home Builders.Some owners are knocking down walls during home renovations to have their own open floor plan. But before they do, they may want to reconsider if
Business as usual set to resume later today so long as House grants approvalUpdate: Later this afternoon, the House followed the Senate in passing the bill to fund the government through Feb. 8, officially ending the shutdown.This afternoon Senate Democrats joined with Republicans to overwhelmingly vote (81-18) in favor of a short-term spending bill to fund the government through Feb. 8. Assuming approval from the House later today, a step the
Know where your next lead is coming fromThe No. 1 question I get again and again is: “Where should I be focusing my time and money to generate business?”A lot of people will tell you doing business by referral is the one true path to real estate success. Others will say a strict and unflagging devotion to cold calling is the key to unlocking your riches.But why limit where your next client can come from?I believe there’s no wrong way to gen
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