Article Summary Zillows Zestimate home value estimates are calculated using a combination of historical transactions for each piece of real estate (nearly 100 million homes and lots) included in its database and a proprietary algorithm developed by Zillow that uses hundreds of data points to predict real estate values for properties in each of the…
The real estate industry has changed a ton in the past two decades, especially when it comes to access to information and tools for both buyers and sellers of land, homes, and other property. If you’ve done much with real estate in the past decade, you’re probably familiar with Zillow. Zillow started out as a…
If you live anywhere along the I-15 corridor in Utah, specifically in Salt Lake and Utah counties, you’ve likely seen all the signs along the highway popping up touting the ability to sell your home without broker commissions, potentially saving tens of thousands of dollars by going around the traditional process of listing your home…
One of the resources I’ve begun using as I’ve waded into the waters of real estate investing is an organization called BiggerPockets, which was created to encourage real estate investment by building a community and disseminating educational and other information about how to go about real estate investment. Probably the biggest hurdle (outside of having…
The majority real estate transactions involve at least one real estate agent. Often, the seller of a piece of property hires an agent to represent his interests in selling the property for the highest price possible while striving to achieve the best terms for the seller. For a buyer or real estate, an agent is…
Living in Tennessee is a good decision for lots of reasons. There are several great places to call home in the Volunteer State. Whether you choose to live in some of the more populated areas around Nashville, Memphis, Knoxville, Chattanooga, and other thriving Tennessee municipalities, or if you prefer the country life in small towns…
Article Summary The current housing market in the US has made its way back to pre-Great Recession levels. Interest rates are rising, which will tend to cool off the increasing housing prices. Significant factors that will cause a market correction in the next two years include the Federal Reserve’s monetary policy and tightening of credit…
The Richest Man In Babylon is a fictional story with sound principles that have helped people become wealthy through their application. This first part comes from the part of the book “Seven Curses For A Lean Purse”. Heed the advice in each of these sections, and your “purse” will become fat and overflowing with wealth….
There’s no question that social media has been the go-to for prospecting and lead generating. I will show you how to basically turn Facebook into a lead generating faucet to target buyers and sellers specifically. I will warn you that there is work involved, but making it through the learning curve will pay dividends if…
In the state of Utah, real estate transactions are initiated and facilitated by a legal document called a Real Estate Purchase Contract, more commonly referred to as a REPC (pronounced rep-see). The REPC acts as a contractual offer to purchase on behalf of a buyer, and a contractual acceptance of the buyer’s offer (or potentially…