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National Association of Realtors is in the Business Services Industry
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Is the National Association of Realtors Trying to Monopolize the Industry?
Is the National Association of Realtors Trying to Monopolize the Industry?RE: Is the National Association of Realtors Trying to Monopolize the Industry?If I told you all what I really thought, I would be arrested. Anyhow, I like to think that the majority of the Fellow NAR participants have a well...
Is the National Association of Realtors Trying to Monopolize the Industry?
The National Association of Realtors reached a settlement with the Justice Department yesterday to offer discount brokers who offer cut-rate commissions -- particularly those working on the Internet -- access to the multiple listings services that are the backbone of the industry for traditional brokers. The suit charged that...
Assessing Risk
From the executive summary: ‘In the commercial real estate investment context, risk is anything that creates volatility in property or actual returns. In addition to analyzing returns and running cash-flow projections, shrewd investors effectively understand risk analysis and management. Hence, to deal with risk effectively, investors must know how to...
Warehouses Think Big
From the executive summary: ‘New warehouses are mammoth concrete structures through which goods move with lightning-fast speed thanks to the latest technological innovations. Due primarily to customers’ desire for quick product delivery, warehouse users are migrating to these functional properties that expedite package dissemination. In many regions, users are consolidating...
For Brokers: Media Strategy
From the executive summary: ‘A comprehensive media strategy integrates Public Relations PR into the conventional marketing. So in addition to the weekly newspaper ad, marketing brochures, Web site, and yard signs, PR professionals strive to achieve targeted news coverage of their company in local publications and appearances on television and...
An Overview of Recent Development in Residential and Commercial Property Insurance
The purpose of this report is to review recent developments in residential and commercial property insurance markets in the U.S. There are numerous media accounts of rising prices and greater difficulty in obtaining homeowners insurance coverage. Commercial property insurance markets have experienced similar problems, with the added complication of coverage...
Retail Repositioning
The article states about retail repositioning and defines an example of taking a new direction to revitalize struggling shopping centers. Repositioning is critical at a particular point in a retail center’s life cycle to keep it competitive from a design and tenant mix point of view. This is particularly true...
Choosing a Civil Engineer
Experienced developers know that unforeseen problems can turn a profitable project into a money funnel. Unknown circumstances lurking below the topsoil quickly can cause costs to double or even triple. However, it is possible for commercial real estate professionals to avoid such surprises or at least figure them into the...
The Keys to Getting the Right Mortgage
The article describes the steps that one needs to take in order to get the mortgage loan that is right for you. The three steps include assessing the financial strengths and weaknesses, choosing a standard product that fits a realistic time horizon, getting a quote from more than one lender,...
Containing Sprawl2
Read in the article that conservation easements limit commercial development and other non-agricultural uses. But he sees the need for the program, finding the current, virtually unchecked process shortsighted and saddening. Commercial real estate professionals can locate opportunities for this development [tool] and promote innovative development patterns that will result...
Housing Costs: How Much Can You Afford
When the discussion about housing takes place an important question which always emerges is that Just how well do the old guidelines apply in today's housing market? Obviously, the old rules of thumb are not applicable in many of today's housing markets. The reality is that households spend between 21...
Home Ownership Made Easier: Closing Costs
Buying a home involves time, energy, and, most of all, money. In addition to committing one’s own self to mortgage payments for 15 to 30 years, he needs quite a bit of money "up-front" to close the transaction. There are several types of closing or settlement costs and other...
Brand-Name Recognition
From the executive summary: ‘Establishing a unique identity in today's marketplace is a challenge, particularly in the competitive commercial real estate world. The main issue is to stand out among other competing firms. While service and results long have been paramount to gaining and keeping clients, a well-known brand also...
Review Tax Changes To Maximize Employee Benefit Plans
From the executive summary: ‘The Economic Growth and Tax Relief Reconciliation Act require companies to make many design and administration changes to their retirement plans. Although, most benefit plans are unique, companies should take certain steps to ensure a smooth transition when converting a plan.’ The paper states that changes...
Flying High
Air cargo facility development is a growing niche in the commercial real estate industry. This case study examines one CCIM’s journey from initial site selection to successful completion of an air cargo facility for Emery, a worldwide air cargo integrator, in Broward County, Fla. It gives a clear indication of...
Scoping A Business To Buy
An acquisition is a transaction in which one firm is taken over by another firm. Acquisitions help to revive sick firms and gain sustainable competitive advantage. Several issues are involved in effecting successful acquisitions and sustaining them in the long-run. The paper examines strategies for ‘smart’ acquisitions.
On Solid Ground
Commercial brokers are positive in their forecasts for land sales in the next year. However, the market has changed due to a greater depth of available information, more specific requirements from national developers, and more stringent environmental regulations. In some areas, a shortage of sites has led developers to reconsider...
Additional Resources
Summer home sales rising in N.Y., nationally
Existing-home sales increased in May due to buyers responding to lower home prices, according to the National Association of Realtors NAR. Rochester sales also are holding steady, according to local agents. NAR President Richard F. Gaylord, a broker with RE/MAX Real Estate Specialists in Long Beach, Calif.,...
Existing-home sales fall in Philadelphia region
Sales of existing homes fell in the Philadelphia region in May, but edged up nationally, although median sale prices in most places continued to fall. Nationally, sales of existing homes rose 2 percent to a seasonally adjusted annual rate of 4.99 million units in May from a level of 4.89...
Rochester real estate shaping up for second half
A gain in the level of home sales is foreshadowing an improvement for the second half of the year, according to the latest market health forecast from the National Association of Realtors NAR. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in April,...
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