My home has a basement dungeon. Can I include it as part of the GLA?

“Barbarian” became a runaway hit in October, but the Airbnb-referencing horror flick also raises a thorny issue for agents: What rooms can be listed as part of a property’s total square footage? Continue reading

Minneapolis Realtors apologize for racial discrimination in real estate

“Minneapolis Area Realtors apologizes to all members of the community who have been burdened, denied service, or ignored by our actions.” The trade group also releases policy changes designed to close the racial homeownership gap. Continue reading

Deals will hinge on negotiations this fall. Here’s how buyers’ agents win

“There was no negotiation over the last couple of years,” Max Stokes of Compass says. But that’s beginning to change — gradually. With a few tips, buyers can prevail at the negotiating table. Continue reading

The truth about Zillow’s ShowingTime acquisition: The Real Word

Byron Lazine and Nicole White discuss the real reason Zillow acquired ShowingTime, the hype behind the housing recession, and how “shrinkflation” could potentially change the game for consumers in 2023. Watch this week’s TRW to stay on top of this week… Continue reading

Why floor plans are a real estate agent’s next big opportunity

Transitioning from a nice-to-have marketing tool to a must-have closer, floor plans are having a moment, driven by widespread pandemic-era adoption. Continue reading

High profile firm to turn over info on Trump’s real estate deals

Cushman & Wakefield was going to have to pay $10,000 for not complying with subpoenas that are part of an investigation into the Trump Organization. Continue reading

How an appraisal gap guarantee can help you land a house

In the current real estate market, buyers need to think outside the box to get a house they love. Bill Gassett offers advice on what to do if there are issues with appraisals. Continue reading

Should your clients bid over asking price? A look at pros and cons

In a hot seller’s market, how should agents help their clients with pricing, bidding strategies and closing successfully? Broker Jenny Usaj offers keys to setting appropriate buyer expectations from the start. Continue reading

It’s time to ditch mortgage lending’s outdated appraisal model

It’s time for the mortgage lending industry to move to an AVM-based appraisal model, says real estate coach Bernice Ross. There is too much room for error, especially in today’s super-fast-paced market. Continue reading

How to avoid being ambushed by a low appraisal

Dealing with low appraisals takes skill and creativity. Do your best to make sure the appraisal comes in at the current purchase price and if not, be prepared to implement these strategies. Continue reading