• October 7, 2021

Real estate commission pay raises at Texas real estate firms

Texas realestate commission pay increases at Texas-based real estate brokers are expected to average 2.7% over the next five years, the state’s real estate commissioner said Thursday.In a speech at the Texas Real Estate Association’s annual meeting, John Linton, a Republican commissioner who previously worked in the Texas House, outlined a range of incentives for…

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How to buy real estate in LA?

If you’ve been following the Real Estate Market in LA, you’ll have noticed a boom in new listings.That’s because the city is still reeling from the massive earthquake that hit LA in 2011, and many are still reeling with the aftermath of the natural disaster.So it’s understandable that new listings have been popping up all…

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‘Crazy’ real estate deal ends with cap rate increase

Los Angeles real estate agents say they’re shocked to learn the city’s cap rate will rise by 3.5 percent next year.The cap rate is the maximum allowable increase per person, regardless of age.For the average family of three, the cap rate would be $1,095.The increase will take effect in 2019, meaning that many agents who…

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How to buy a home in Texas: What you need to know

Texas is home to one of the most expensive real estate markets in the world.That said, the state is not the only place where the cost of real estate can be sky high.In fact, the median price for a home here is $1.3 million.That is according to a report from RealNet Market Research.What is real…

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Texas Real Estate Commission: The Texas Legislature Passed a Law That Could End the Real Estate Brokerage System

The Texas real estate brokerage industry is reeling after a bipartisan bill to end the state’s three-tier system for real estate sales and marketing failed to pass the state Senate on Monday.A similar proposal in the House failed in June.The bill would have ended the system in favor of a three-tiered system, where buyers and…

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When the news is good, the news are good

When news is great, the headlines are good, and when news is bad, the headline is terrible.That’s the logic of real estate market analysis.The key word here is “the news.”In recent months, news has been good for many, but in 2018 the market has been less rosy.While the price of oil has been dropping, the…

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How to invest in real estate: How to pick the right property for your budget

I’m the guy who bought a condo for $1.9 million. I’ve never bought anything more expensive. I’ve never invested in anything more speculative. In fact, I’ve almost never bought real estate in my life. But this week, I bought a 2,000-square-foot, one-bedroom, two-bathroom apartment for $2,895,000. That’s right. $2,888,000 more than my first purchase. My first purchase was for a condo. When I…

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How to make your home affordable again in the age of Trump

The Real Estate Commission of New York said Wednesday that it was considering a lawsuit from the owner of a New York City home who says he was kicked out of his home after refusing to pay for repairs.A man identified in court documents only as “A.J.” sued the commission in federal court, saying that…

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