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This appeared in the April/May issue of Commonwealth magazine.
With more and more electronic communication being done in public — the “social” part of social media — you’ll find that you can never really remove your Realtor hat. That means you need to be extra careful when you’re writing an e-mail, crafting a blog post, or replying to a tweet.
Smoking won’t just kill you — it can also kill a sale. So says a survey of Ontario real estate agents, who found that more than 80% of potential buyers would be either “unlikely” or entirely unwilling to buy a home where smokers had lived.
And when the house does sell? The study found that a house could see a 30 percent price drop (!) if it smelled of cigarettes.
All right, so what’s to be done if you’re trying to sell a smoker’s home? After reviewing far too many pages of tips, these seem to be your best bets for removing as much of the odor as possible.
“The rent is too damn high” — add that to the growing list of reasons we’re going to see a boatload of new buyers entering the market in the next few years. That’s a reasonable conclusion from new Census Bureau data.
When the housing market collapsed, a lot of folks had to leave homes they could no longer afford — often because of foreclosure or short sales. They became renters, in part simply because their credit ratings took a big hit.
This is a reminder — but an important one — about post-licensing curriculum changes. (It will mostly affect new real estate licensees, but brokers need to remember it.)
The PL curriculum is changing from three tracks (residential, property management, commercial) to a single-track system.
- The old system will be in place until December 31, 2013.
- The new system will be available starting July 1, 2013.
The overlap is what’s important.