Every home has its own unique charms. They also frequently have issues that affect the use of the property. For example, it may be all but impossible to open the aged windows at a property when humidity levels are high. The wiring in a home may be old enough that...
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Navigating environmental regulations during property development
Developing vacant land is one of the most effective ways to generate revenue using real estate investments. Businesses can establish multi-family housing units, industrial complexes and retail facilities that they can then sell or rent to others. Business owners and...
When clients want to waive inspections and appraisals
Real estate agents representing buyers often have to prioritize certain financial expectations. Buyers often have a fixed budget and must ensure that the purchase price and closing costs align with the resources available for the transaction. Buyers are often eager to...
3 times an agent’s clients may not want direct homeownership
Real estate agents help their clients make competitive offers on properties. They know how to identify warning signs of property issues and manage much of the home search process on behalf of their clients. They also frequently need to answer relatively complex...
Tech innovations in real estate transactions
For many years, the real estate industry has been characterized by paper-heavy processes and face-to-face negotiations. However, artificial intelligence (AI), blockchain and digital platforms are now reshaping the real estate sector. The buying, selling and...
Understanding Title Commitments: What Every Realtor Needs to Know
Introduction Title commitments play a crucial role in every real estate transaction, yet many buyers, sellers, and even real estate professionals may not fully understand what they entail. A title commitment is essentially an offer from a title insurance underwriter...
Comparing the residential and commercial real estate markets
The Florida real estate markets, much like markets elsewhere, fluctuate over time. There are distinct differences between the commercial and residential real estate markets in the Sunshine State. Those looking to invest in real property or to pursue a career as an...
What changes can sellers and buyers expect from the NAR settlement?
In April of this year, there was a lot of media attention around the settlement between the National Association of Realtors (NAR) and plaintiffs in a class action lawsuit over the commissions that real estate professionals can expect their clients to pay. While the...
When is pursuing a post-closing occupancy agreement a good idea?
The real estate market is filled with nuanced details that can significantly impact buyers and sellers. One such detail that buyers should pay attention to is the post-closing occupancy agreement. This contractual arrangement allows sellers to rent back their property...
What are the keys to a smooth closing?
A real estate closing is a meeting that is a long time in the making. Sellers may accept offers weeks or more than a month before a closing is possible. Inspections, title research and other elements of the real estate transaction can take quite some time to complete....