How Knowing The Vacancy Rate Helps You Make More Money?

November 4th, 2020

All landlords and agents want to reap the rewards of full buildings and fair rent values. There are many steps you can take to increase the value of your property from high-end materials like granite countertops to onsite amenities like fitness centers.

Rental Market Forecast For 2021

November 4th, 2020

Landlords and property owners are holding their breath as the entirely unexpected markets of 2020 wind down and the rental market of 2021 is on the horizon. What seemed like a "sure-thing" last year might be completely out of the question in the year to come.

What Does A Transunion Smartmove Report Show?

October 25th, 2020

The TransUnion SmartMove report is a great resource that gives you a Resident Score that shows how reliable your tenant is likely to be. As a landlord or agent, it can be difficult to make an educated decision on how to find good tenants to rent your property.

Avoiding Evictions And The Importance of Rental Background Checks

October 23rd, 2020

Disclaimer: This article is not legal advice for you to use in the event that you need to evict a tenant. This legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.

Bright MLS Sees Cool Wins in the Hot Rentals Market

October 20th, 2020

Originally Published on Wavgroup.Com

October 20, 2020

Now widely regarded as a sleeping giant, the multi-billion-dollar rental market was bound to make it to the multiple listing service radar one day. Rentals are often considered the baby sister of the housing market and the first step on the pathway to homeownership.

Easy Real Estate Commission Calculator

October 20th, 2020

In a real estate transaction, the agents or brokers involved are typically paid by the seller via commission as opposed to a flat fee. Check out our easy-to-use real estate commission calculator below to calculate the commission rates for your deal, and learn more about how this amount is calculated further down the page.

How Long Should You Study for the Real Estate Exam? + Tips for Acing the Test

September 18th, 2020

It’s normal to be stressed before taking the real estate agent exam. After all, you’ve spent weeks, if not months, preparing for this and are probably eager to get started on your exciting new career path.

To help you prepare for the test and set your mind at ease, we’ve done our best to answer the eternal question: How long should you study for the real estate exam? We’ve also added some extra information about the test you should be aware of, along with a few helpful studying tips.

5 Steps for Your Best Real Estate Listing Presentation + Template

August 31st, 2020

When a real estate agent “interviews” with a potential client to represent them, the most successful agents come prepared with a real estate listing presentation. This is typically a PowerPoint or PDF deck that details your experience in the area, your brokerage’s recent successes, and how you plan to best represent their interests through your sales and marketing efforts.

Easy Cap Rate Calculator

August 27th, 2020

The cap rate calculator (short for capitalization rate) is a useful tool as it allows you to quickly get an estimate for how much money a property is expected to make, and how this compares to similar properties in the area. You can use our free cap rate calculator below and learn more about how this is calculated further down the page.

3 Tips to Thrive with Rentals During COVID-19

August 25th, 2020

Coronavirus is taking its toll on our economy, our health, and our livelihood as leasing agents. While it can all feel overwhelming at times, we can at least take comfort knowing that we’re fighting this together! During times like these, it’s more important than ever to stay positive and productive, especially when working with rental properties.

Evaluating Tenant Screening Reports

July 29th, 2020

“Tenant screening” or “tenant screening reports” are phrases that tend to be used interchangeably to describe a wide variety of reports and processes, from the minimal to the in-depth. If you are looking for a reliable tenant screening service, you’ll need to understand what they consider important, who they are going to for their information, and how thorough their coverage is.