Blog

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How to Avoid Income Discrimination Lawsuits as a Property Manager

Property managers need to be especially aware of income discrimination situations, especially with new laws in California about rent control and source of income issues. (Be sure to check on specific laws about income discrimination in your state.)  Have you ever had a potential tenant that you worried couldn’t make the rent? How can youRead More

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Selling Homes During Extreme Heat Conditions

The summer home-selling season is only months away — and with it comes risks to your business when selling homes during extreme heat conditions.  2019 saw the United States grapple with significant heatwaves across the country. As temperatures soared, major events such as the New York City triathlon were canceled.  Record temperatures caused disruption toRead More

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Selling Properties with a Pool or Spa

With the summer months coming, properties with pools and spas can be attractive f to buyers. In some states, like California and Florida, they’re almost as standard as bathrooms and kitchens. The National Association of REALTORS® suggests that homes with pools are valued more than 50% higher than those without one. Selling homes with poolsRead More

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CARES Act—5 Tips to Help Your Real Estate Clients

April 1, 2020—As the COVID-19 situation continues to evolve around the world, it continues to affect the real estate industry in a myriad of ways. The recently signed CARES Act has provisions that may help you and your real estate clients through the financial impact of the pandemic. These provisions include recovery benefit payments ofRead More

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How to Avoid a Lawsuit When Acting as an Agent for an Auctioned Property

Managing client expectations can be a challenge at the best of times. When you’re acting as a seller’s or buyer’s agent for an auctioned property, it can be even more difficult. The auction process is fast, and it’s an intense process. Sometimes things can go awry, and even good real estate agents can find themselvesRead More

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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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