By Wayne Jordan Are you in the market for your very first home? If so, congratulations! Buying a home is an exciting milestone in anyone’s life. However, it can also be a bit daunting, especially if you’re on a tight budget. Don’t worry, this blog post will share five money-saving tips that will help you […]
A Day in the Life of a Real Estate Salesperson A real estate agent, as defined by Cambridge Dictionary, is a person whose business is to arrange the selling or renting (learn more about renting here) of houses, land, offices, or buildings for their owners. While that is a technically accurate definition of a real […]
By Agent Advice, Kapre Real estate is just about the safest investment you can make. It’s imperishable and almost always increases in value. Because real estate is such a valuable asset, many people use it as a vehicle to build wealth. Some do this by investing in properties, while others sell properties as an agent. […]
Homeownership is supposed to be the gateway to the American dream. Black Americans have been denied access.
By Nigel Chiwaya and Janell Ross (Aug. 3, 2020) Ebony Jones thought she was one of the lucky ones. Jones, a Black woman in her 30s, inherited a home her grandfather, a World War II veteran, had bought nearly seven decades earlier with the help of his GI Bill benefits. But when Jones and her […]
BY RACHEL HOLLIDAY SMITH
There’s an outside chance rising apartment vacancies due to COVID-19 could trigger an end to rent regulation in New York City — but two local lawmakers are looking to pandemic-proof tenant rights. Twin bills were introduced in the State Senate and Assembly on Tuesday that would seek to protect regulated apartments by taking the vacancy rate out of the […]
By Doug Hastings, Kapre When thinking about becoming a home inspector, you should consider the industry expectations. The days of the contractor walk-thru inspection are over. In all communities, large and small, the expectation of the home inspector’s ability is higher than ever. When you hang a sign calling yourself a home inspector, you better be […]
By Kaplan Real Estate Education, Kapre The first step to success in pursuing a real estate career is making a good business decision. Part of becoming a licensed real estate salesperson is selecting a broker to sponsor you. Although it is true that you’re technically working for yourself, a real estate agent cannot act as a real […]
By Ted Highland, Kaplan Real Estate Education Product Manager, Kapre Academic futurists are projecting that the COVID-19 pandemic is going to shape the future of everyday life, including the way real estate business is conducted, the behavior of real estate consumers, and how real estate education takes place. The National Bureau of Economic Research issued […]
By Erin Telesford
The greatest financial crisis in the United States was last recession which spanned from December 2007 to June 2009. During this time, unemployment rates were raised by about 6.1% resulting in a loss of consumer spending and business investments. Before the recession, many Americans bought houses using mortgages they couldn’t afford, eventually causing them to […]
Landlords are turning away students, or looking to startup apps to get around security deposit limits
By Georgia Kromrei (therealdeal.com) Brokers are sounding the alarm on one unintended potential consequence of the new rent law— and it most acutely affects those new to New York. Since apartment owners are no longer allowed to charge more than one month’s rent as a security deposit, landlords may not be able to rent to […]