A product of Rent Marketer, Rentbits launches new search that actively crawls the web for property rentals and displays them in brilliant fashion for rental hunters. I’ll be reviewing Rentbits and Rent Marketer and currently have their product listed.
Experience tells us that with the housing market struggling in many areas around the country, that less buyers means more renters, and less homes selling may leave leasing until better times to be a best option. Supplementing your selling efforts with property leasing has been a time tested strategy and Rentbits and Rent Marketer seem to be a fantastic tool in reducing cost and time to market.
Here’s an interesting concept, comparing two neighborhoods but with a twist – Home Thinking says it best:
Imagine if we just designed a new fruit, we can spout out all of the data on it: 53% sour, 20% sweet, pH level of 2.2, citric acid levels, size in centimeters, it’s color, etc. You’d know a lot about the fruit but you wouldn’t know what it would taste like, would you? Now, imagine if we said our new fruit is like a lemon but bigger and sweeter, you’d know a lot more. Heck, your mouth might even water.
As another opportunity for agents to be found, and demonstrate your knowledge of neighborhoods in general, here’s a cool twist.
CondoGala – Discover More Condos
CondoGala launches search featuring condos on a global scale. Remember that condo developments are neighborhoods in and of themselves and have a personality all their own. Here’s a place to join the conversation, and discuss these unique living spaces.
Over the next 3-6 months you can expect many advancements that build out the community, but for now listing brokers and developers can advertise their condominium project for free. Expect simple search, simple features, and simple layout to in order to appeal to a wide audience seeking specific information on condos around the globe.
Are you specializing in new home construction and looking for a way to list community information but want your name and number on the destination website? Well, here you go, and it’s absolutely free. Basically, when a consumer clicks through on your email or website regarding new homes the sales staff information is automatically replaced with your information making you the hero!
Startup to Watch
Dwellgo, Austin’s Open Investor Community where property comes to buyers. Dwellgo is a unique community where property buyers tell Dwellgo what they’re looking for and the property comes to them, and in turn, the seller’s do the same- for free. Very clever indeed- we’ll be watching.
Austin tops the list of best places to buy a home
When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?
Looking at the bigger picture
(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).
That said, SelfStorage.com dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).
They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.
“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”
Average age of houses on the rise, so is it now better or worse to buy new?
With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.
The average home age is higher than ever
(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.
With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.
Prices of new homes on the rise
Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.
Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?
The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.
Why Realtors are vulnerable to these rapid changes
(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub, Realtor.com, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.
Note: We’ll let you decide which company plays which role in the image above.
So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.
1. Zillow poaches top talent, Move/NAR sues
It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also Realtor.com’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.
Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.
2. Two major media brands emerge
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