On average, closing a real estate transaction takes about 30-45 days. It can take more or less time, depending on several factors such as inspection results, insurance matters, title and lien issues, and the buyer’s financial situation. To name a few. Closing a real estate transaction is a lengthy process with many steps. Contract And…
Thinking about hiring a virtual assistant or virtual transaction coordinator to help with your workload? Great idea! But do you know the differences between the two and which one would be most suitable for your real estate business? Before deciding whether a virtual assistant or transaction coordinator is best for you, understand what each one…
Real estate can be incredibly rewarding, both financially and job satisfaction. It does, however, come with a lot of paperwork headaches that can be difficult to handle. As one of the fastest-moving fields, real estate can be very stressful. After a lot of hard work, hustle, and phone calls, it’s not uncommon for a deal…
There are many benefits to using a cloud-based transaction management service, regardless of the size of your business. Virtual Transaction Management is one way to simplify your virtual transactions by outsourcing coordination. If you’re looking for a cost-effective way to reduce virtual transaction management overhead and magnify your productivity, take a look at this guide!…
As we enter the 2020’s many millennials and Gen-Y populations are growing into adults. As they start taking on the responsibility of jobs and families, buying houses is not too far ahead. Within the next decade, millennials are to become the core demographic of the real estate industry. Thus it is essential to know how…
Every real estate investment deal is unique, and it would help if you had a way of analyzing each investment opportunity on a case-to-case basis. And, you should be able to judge which deals are worthy of your attention and differentiate them from those you should walk away from. You need to find a capable…
Since its first conception in 1983, the internet has been a gift that keeps on giving. The real estate industry was greatly revolutionized by the internet and the rise of a new digital age. While there is so much to miss from the simpler days, the internet has allowed real estate to become much more…
Foreclosures are bad for neighborhoods. You know the story, and it’s probably happened in your community. A house goes into foreclosure, the original owners move out, and the property sits there, vacant. Over time, it becomes an increasing eyesore, and worse, it starts dragging average property values down for the neighborhood as a whole, including,…
In the last ten years, “green real estate” has become the buzzword phrase among a growing number of realtors, architects, builders, and ecologists. Homebuyers want to leave as small a carbon footprint as possible and are drawn to an environmentally friendly and energy-efficient home. But what exactly does “green real estate” mean? Is it worth…
So, you want to invest in real estate, and you’re ready to turn that ugly house into cash? Whether the property you find is a “prince” or a “frog” cannot and should not be the deciding factor. Remember that the goal is to make a profit. Focus on how to leave when the “right time”…