The Key to Success is Mentorship Carl Bassett is a very proud “military brat” who has moved more times than he can remember. His father is a Vietnam veteran, and his grandfather was Brigadier General Roundy, who was the Commanding General of Fort Rucker, Alabama during the Vietnam war. While attending Westminster College, a private school in Salt Lake City, Utah, Carl Bassett began working as a stockbroker for Fidelity
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Study Shows One Marketing Tweak Results in 39% Reduction in Days on Market By Kori Covrigaru You can reduce a property’s time on the market by 39% by making one minor change to your single-family rental (SFR) listings: add 3D tours. Is there a return on investment when using 3D tours rather than still photography only? That is the question we set out to answer when we partnered with a
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Sourcing the Right Agent Within the Single-Family Market With the spring homebuying season underway, REI INK asked Steve Johnston, CEO of IDEAL AGENT, how to sell single-family homes as quickly as possible at the maximum price. IDEAL AGENT’s goal is to help sellers earn top dollar on their residential property investments and minimize commissions paid to agents (which can be as little as 2%) while receiving high-touch service. The company
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A Winning Strategy for Main Street and Wall Street By Stuart Denyer It is no secret that the single-family housing market faces a severely constricted supply of inventory. Reports suggest that the country has experienced an “underbuilding gap” of 5.5 to 6.8 million units since 2001 with only a 1.7-month supply of homes currently for sale. The perfect storm of low supply and high demand has created record prices and
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“Famously Hot” for Decades, City Remains a “Southern Hot Spot” By Carole Vansickle Ellis Columbia, South Carolina, has considered itself “Famously Hot” since 2008, when the state capital officially swapped its former slogan, “Where Friendliness Flows,” for the simpler description referencing, among other things, the city’s summer high temperatures of around 94°F. Unlike most city slogans that tend to last no more than four years, “Famously Hot” lasted nearly a
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Will Other Factors Impact the Industry in 2022? By Tim Reilly This time last year, I compared the Single-Family Rental (SFR) market to the great Gold Rush of 1849. Supply constriction, low interest rates, rising home and rental prices and strong returns created a highly attractive environment for a growing population of professional investors searching for the same hidden treasure. The “Goldilocks” market conditions triggered in part by the COVID-19
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