-
The Value of Retaining Good Real Estate Agents: Why Brokerages Should Prioritize Talent Retention
By
Posted in Real EstateIn the dynamic and highly competitive real estate industry, brokerages are constantly striving to attract top talent. However, an often overlooked aspect of building a successful brokerage is the importance of retaining exceptional real estate agents. Retention of skilled agents is not only beneficial for individual agents but also vital for the long-term success and…
-
Blockchain in Everyday Life: A Primer
By
Posted in BlockChainBlockchain technology, initially recognized as the backbone of cryptocurrencies like Bitcoin, has now emerged as a transformative force reaching far beyond the realm of digital currencies. Its decentralized and secure nature has paved the way for innovative applications across various aspects of our daily lives, fundamentally changing how we interact with information and assets. At…
-
Social media ideas for real estate agents
By
Posted in Real EstateHere are some social media ideas for real estate agents: Thank you,
-
How can a real estate agent use geofencing to get leads?
By
Posted in Real EstateGeofencing is a technology that uses GPS or radio frequency identification (RFID) to create a virtual boundary around a specific location. When a person enters or exits this boundary, a trigger is set off and an action is taken. In the context of real estate, a real estate agent can use geofencing to get leads…
-
What is title insurance, what is it used for, and who does it protect?
By
Posted in Real EstateTitle insurance is a type of insurance that protects the owner of a property or lender against losses that may occur as a result of defects in the title to the property. The title to a property is the legal document that establishes ownership of the property. A defect in the title can occur for…
-
-
What does the term FIRPTA mean in a real estate transaction and who do the laws apply to?
By
Posted in Real EstateFIRPTA stands for the Foreign Investment in Real Property Tax Act. It is a federal law that requires certain foreign individuals and entities to pay tax on the sale of certain types of real property in the United States. The law applies to foreign persons who sell real property in the United States, including both…
-
What is a stablecoin, and what is a stablecoin used for?
By
Posted in BlockChainA stablecoin is a type of cryptocurrency that is designed to maintain a stable value relative to some external reference. This can be a currency like the US dollar, a commodity like gold, or a cryptocurrency with a relatively stable value. The goal of a stablecoin is to provide the benefits of a cryptocurrency (such…
-
What is FHLMC Freddie Mac?
By
Posted in Real EstateFHLMC stands for Federal Home Loan Mortgage Corporation. It is commonly known as Freddie Mac. Freddie Mac is a government-sponsored enterprise (GSE) that was created by Congress in 1970 to provide liquidity, stability, and affordability to the U.S. housing market. It does this by buying mortgages from banks, credit unions, and other lenders, pooling them…
-
What is a 1031 exchange and what are the benefits
By
Posted in Real EstateA 1031 exchange, also known as a “like-kind exchange,” is a tax provision that allows a taxpayer to defer capital gains taxes on the sale of a property by reinvesting the proceeds in a similar property. The purpose of a 1031 exchange is to encourage investment in real estate by allowing taxpayers to defer paying…
