Pearson Smith Realty Merges with United Real Estate
United Real Estate® announced today that Pearson Smith Realty has merged with United’s national network. The alliance expands United’s and Pearson Smith Realty’s service footprint in Metro DC, Maryland, Virginia and West Virginia. The dynamic partnership brings together Pearson Smith Realty, the youngest company ranking among the Top 100 realContinue Reading
One thing every Real Estate Agent needs to hear about a Recession
An economic slowdown, or recession, does not mean that the value of a home will go down. A recession does not equal a housing crisis. Everywhere I look “experts” are warning we could be moving toward a recession soon and if that is true, there is one simple fact, itContinue Reading
Developer eyes 50 acres in Branchburg
As a result of an out-of-court settlement with the township, AAVLBR Property is proposing to construct two buildings on Industrial Parkway with a combined size of 10 football fields. AAVLBR, of Englewood, is scheduled to appear before the township Planning Board on Aug. 9 with the proposal to develop 50.3Continue Reading
Percentage of Properties Receiving Multiple Offers Falls to Two-Year Low as Mortgage Rates Continue to Rise
(Pa Associations of Realtors) Rising mortgage rates and record high home prices are causing the market to cool slightly. In June, the percentage of homes on the market receiving multiple offers fell below 50% for the first time in more than two years. Redfin found that 49.9% of offers receivedContinue Reading
Keller Williams Expands to Bolivia
Keller Williams (KW), the world’s largest real estate franchise by agent count, is expanding across South America. Amid strong international momentum, KW has awarded a new master franchise in Bolivia. “Continuing our robust global growth, we are excited to announce KW Bolivia, our 10th master franchise in South America,” said WilliamContinue Reading
Special Update from the New Jersey Real Estate Commission
The New Jersey Real Estate Commission (REC) has issued Bulletin 22-07, which clarifies how real estate teams can conduct business under existing REC statutes and rules. Please click the link to read the bulletin. Read more…Continue Reading
14 Simple Steps for Safeguarding Your Office
By now, you are aware of potential dangers that face real estate agents when they are meeting clients, showing properties or hosting open houses, and in their cars. There is one more place to consider: the office where you work. You can help safeguard your business’s (and your personal) property,Continue Reading
NAR Chief Economist Addresses Senate Banking on State of Housing in America.
Lawrence Yun, chief economist for the National Association of Realtors®, today told the U.S. Senate Committee on Banking, Housing, and Urban Affairs that he does not foresee a nationwide decline in home prices despite indications that price growth is set to slow. Yun testified that the potential for weaker salesContinue Reading
Please Stop Saying the Real Estate Market Is “Crazy”
Can we please all come together and make a collective decision as an industry to stop saying that the real estate market is “crazy”? It’s not helping anyone. When things are crazy, they’re out of control—and I don’t think that’s the message we want to communicate to our customers. AreContinue Reading
5G Entering the Real Estate Space
5G is expected to have a major impact on the way we live, where we live and how we operate our businesses in real estate. With increased speeds, lower latency, and broader access, 5G will change the connectivity landscape. 5G will lead to the development of innovative technology that willContinue Reading