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How to Manage a Downturn in Your Real Estate Business

Whether it’s a recession, an industry bubble bursting, a global pandemic, or some other crisis, the real estate industry is a susceptible market to downturns. Ideally, the time to prepare for a downturn is before it happens. That might mean diversifying your business, building a slush fund, setting up sustainable systems, etc. Whether you preparedRead More

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Workers’ Compensation – What It Is and Why You Need It

If you’re a real estate broker managing a team of real estate professionals, you have a duty of care to protect your team. Have you considered what might happen if one of your team injures themselves in the course of their work? Are you abiding by the workers’ compensation laws in your state? Do youRead More

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COVID-19 – The Impact on Real Estate and How to Manage Your Risk

The situation with COVID-19 is changing each day in both the USA and other countries around the world. The coronavirus has cast a dim shadow over the world’s economy, affecting virtually every industry. Because the nature of your work as a real estate professional requires you to have a lot of human contact, the virusRead More

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What Can Property Managers Do When Roommates Fight?

Tenants in different rental units don’t always get along, and sometimes tenant roommates have conflicts as well. Disputes can lead to noise complaints, destruction of property, and physical violence. What’s a property manager to do?  Are Property Managers Their Tenants’ Keeper? Recently, a CRES client called the CRES ClaimPrevent® Hotline, wondering what he should doRead More

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How to Minimize Risks in Your Social Media Property Marketing

Property marketing skills are an essential component in a real estate professional’s toolbox. With around 2.38 billion users on Facebook, 145 million daily active users on Twitter, and more than 1 billion monthly active users on Instagram, the power of social media comes as no surprise. It’s a growing resource for real estate professionals toRead More

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When to Be Wary of Cash Buyers of Real Estate

Sometimes you may come across wealthy clients that want to pay cash for a property. In the United States, only around 23% of property sales are cash transactions. Typically, buyers purchasing for investment purposes and foreign clients are more likely to pay cash than other home buyers. But, when should you be concerned about aRead More

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The Latest in Real Estate Phishing Scams and How to Avoid Them

Phishing is growing in popularity among scammers wanting to earn a quick buck at the expense of unsuspecting real estate brokers and agents. Some schemes are so sophisticated that even the most discerning of professionals can inadvertently get scammed.  As a busy real estate professional, you need to keep informed about the latest phishing scams,Read More

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When Real Estate Sellers Don’t Want to Disclose — and What Buyers Should Be Wary of

Have you ever encountered a seller who doesn’t want to disclose? In many states, certain things must be disclosed. To facilitate this, states like Colorado have a Real Estate Commission- approved Seller’s Property Disclosure form. What happens when the seller chooses not to complete the disclosure form?  In Colorado, use of the disclosure form isn’tRead More

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Dealing with Real Estate Clients with Dementia and Alzheimers

According to the Alzheimers Association, one in three seniors dies with Alzheimer’s or dementia. Every 65 seconds, someone in the United States develops the disease. In your real estate business, you may come across clients in various stages of these conditions.  When dealing with clients with reduced mental capacity, you need to be aware ofRead More

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The 5 Most Common Seller Errors That Can Lead to Real Estate Lawsuits

Sellers can find themselves in hot water for any number of reasons, but there are 5 most common seller errors that can lead to lawsuits. Here’s how to avoid them and help your sellers to stay out of trouble. Not Disclosing All Past Property Problems In their enthusiasm to sell their property, sellers may notRead More

Real Estate Brokers, if you're managing a team of real estate professionals, it's your duty to care for and protect… https://t.co/wc6LpI4vIz Whether it’s a recession, an industry bubble bursting, a global pandemic, or some other crisis, the real estate ind… https://t.co/m1Ecj8RGAB