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4 April 2024 | 2 replies
This is quite significant if they don't reduce rate at all until 2025.
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4 April 2024 | 6 replies
Primary residence is valued at $1.8m with 10 years and $400K left on a 1.875% 15 year fixed rate mortgage.
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4 April 2024 | 20 replies
This would allow you to keep that low 1st position rate.
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4 April 2024 | 15 replies
It's our existing tenant who wants to stay at a great rate, and we want to rent to them at that great rate.
4 April 2024 | 3 replies
Interested in a property in which agent is saying lender is not approving any borrowers as the rate was obtained during the lower interest rate environment, so they’re declining everyone who’s trying?
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4 April 2024 | 2 replies
By analyzing metrics like sales figures and listing effectiveness ratings AI driven tools such as Relitixs "switch risk rating" and "rookie potential rating" enable recruiters to prioritize their actions and uncover agents with potential.Furthermore AI is constantly evolving, with machine learning algorithms adjusting to market shifts and refining grading systems, for accuracy and relevance.
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5 April 2024 | 27 replies
Once you find a general market, you can narrow your search further by looking at crime rates, school rankings, etc.
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4 April 2024 | 5 replies
I expect to offer to keep the rental rate the same based on the market, but know when I was a renter there was always an option to go month-to-month for a higher price.
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2 April 2024 | 5 replies
I wouldn't necessarily say that this shift is here to stay, but we definitely have to make some changes to our acquisition process to accommodate creative deals and novations.This shift is due to the saturation of the major markets, resulting in newcomers in the business offering too much for properties and not delivering on those promises, realtors promising too much for listings only to have them heavily decreased or canceled six months later, and the small increase in supply that we have experienced since the beginning of the year.But yes!
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4 April 2024 | 2 replies
If it’s a stable population with good roads, restaurants, schools, hospitals, etc…it’s very likely there is low turnover due to high tenant retention rate.