Why Boxwood, a Perennial Favorite, Needs a New Approach

Nothing brings a sense of formality to a garden like boxwood. But thanks to common gardening practices, it’s vulnerable to disease.

Why Boxwood, a Perennial Favorite, Needs a New Approach

Nothing brings a sense of formality to a garden like boxwood. But thanks to common gardening practices, it’s vulnerable to disease.

Their Solution to the Housing Crisis? Living With Strangers.

Thrown together by New York City’s brutal housing market, these roommates find a way to get by — even in close quarters.

What Do We Want From Our Next New York?

Decade after decade, waves of migration have remade New York. What kind of city will the latest one create?

A simple way to make more money without working harder

Are you tired of being told you need to manage your time more efficiently, prospect harder or buy more leads to increase your income? There is an easier way that has nothing to do with working harder, and Bernice Ross has seen it work for thousands of agents over the past 25 years. Here’s what you should know.

Hot market summer: How to prepare your team for the selling season ahead

For agents, being busy is a great challenge to have, and preparing your team for the season ahead of time will set you up for success. It’s going to be a hot market summer — get ready for it.

Lone Wolf’s ‘groundbreaking’ edition of zipForms Transactions

"Agents can now work faster than ever with all their documents, signings, and tools in one place while the technology provides suggestions along the way." — Jimmy Kelly, CEO/president

Tomo cuts almost 1/3 of workforce, dials back expansion plans

Launched last year by former Zillow executives Greg Schwartz and Carey Armstrong, Tomo offers purchase loans in 9 states.

Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

A "coding issue" reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022.

The 4 P’s of great sales management

Great sales management starts with having the right people and creating processes that allow them to succeed, says performance coach Chris Pollinger. That's what separates them from those who continue to struggle year after year. 

Backed with $10M, Buyside rebrands as Percy, expands into mortgage

Rebranding and strategic alliance with Black Knight, reflect data analytics and marketing firm's ability to identify not only homebuyer but also seller leads.

Developer rolls the die with Tokyo iconic ‘cube’ tower demolition

After a 15-year effort to save Toyko's Nakagin Capsule Tower, developers are demolishing the building. But Nakagin's final residents believe it's a mistake.

‘Stripe for real estate’ debuts today to fund Power Buyer deals

Setpoint is the latest venture from Ben Rubenstein, a former executive of Opcity and Realtor.com.

What’s my brokerage worth?

“Gambling is not about how well you play the games; it’s really about how well you handle your money,” says the old gamer’s axiom.  Real estate brokers have enjoyed a good run for several years and in the changing climate, many are looking to take some chips off the table and reduce their personal risk. They typically start with wanting to know the value of their brokerage.

It’s not like valuing a home, where you can run market comps. Even within the same market, comparable brokerages will often vary greatly in value. In most industries, there are tangible assets that make up a sizable portion of company value, however, in a real estate brokerage, the most important asset isn’t even the brokers. That asset has legs belonging to independent contractors who are free to walk away: The value of the firm is impacted by the productivity of the agents.

Every week I hear the question, “what is the multiple today for valuing a brokerage?” The answer is one that brokers don’t like to hear: There is no simple magical formula for determining value because a lot of factors come into play.

“…there is one consistent driver of value
and that driver is profit”

Brokers understand the concept that a firm’s value is based on multiple profits. Where there is often a disconnect is understanding what is actually considered true profit.

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Have you diversified your real estate portfolio? Here’s why it matters

By diversifying your portfolio, you’ll minimize your risks and maximize your potential for steady, long-term growth. That leaves you with investments that will withstand the test of time in order to ensure lasting, generational wealth.

How the pandemic reinforced the value of agility in the multifamily sector

Change is constant. Business leaders, whether in the multifamily sector or elsewhere, need to understand that and remain agile and adaptable.

Lumber prices sawed in half in 2nd pandemic-era plunge

The price of lumber has taken another dramatic downturn, just the latest wild swing for builders in the cost of home construction.

AvantStay taps former Lyft executive David Katcher as COO

Katcher worked at ride-hailing service Lyft for the past seven years before joining the short-term rental company, most recently serving as Lyft's head of global operations.

Cryptocurrency Firms Expand Physical Footprint in New York

Cryptocurrency firms have been setting up or expanding office space in New York, but the recent market turbulence could hamper their longevity.

Final days of frenzy as buyers raced to outrun climbing rates in March

Home price growth continued in March as homebuyers snatched up homes ahead of further rate hikes, according to new data Tuesday from the Federal Housing Finance Agency and Case-Shiller.

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