Real estate statistics give buyers and agents data-based insight into the constantly shifting housing market. This can be helpful when setting buying expectations, finding the right property, and negotiating the right price for a home. For the most accurate look at the current real estate market, review our 25 statistics below. 1. 40.6% of…
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13 Real Estate Horror Stories—And How to Avoid Them
Working in real estate can be challenging. In fact, some agents face truly awful situations—ones their training never prepared them for. The horror stories we’ve collected below can happen to any agent, so be sure to review them closely and take note of recommended ways of avoiding them. Here are the 13 worst real estate…
Best & Worst Tourism Cities for Hotels and Airbnbs
Now more than ever, travelers have an abundance of accommodation options—from traditional hotel chains to a variety of Airbnb properties. Airbnbs have grown so much since the company’s inception in 2008 that it now accounts for 20% of the United States consumer lodging market. Hotels are thriving; the average revenue per available hotel room grew…
10 States With the Strongest Housing Markets
With the nationwide housing market showing steady growth—from 4.54 million sales in 2011 to 6.44 million predicted sales in 2019—buyers may be keen to scope out their next home purchase. But this nationwide trend is not necessarily indicative of the housing market health in each state. Indeed, statewide economies are always in flux, with many…
10 Best States To Be a Real Estate Agent
A real estate agent’s success depends largely on their market. To help determine the best states, we evaluated agent opportunities in all 50 states based on salary, cost of living, home values, competition, and home ownership. Unsurprisingly, the top 10 states had several characteristics in common, including high income and high average home values. How…
17 Most Lucrative Real Estate Niches From the Pros
Real estate niches are specific audiences, locations, or property-types agents target to build their book of business. The most lucrative real estate niches largely depend on market trends and shifting buying interests, but some are longtime money-makers. We compiled a list of the 17 most lucrative, longstanding niches the pros use for lead generation. Once…
Top 13 Home Buying Tips for Business Owners From the Pros
Buying a home can be a long and challenging process. As a small business owner, it can be even more challenging because banks often perceive business owners to be riskier than traditionally employed people and it’s much harder to prove the stability of income. We asked the experts to share their home buying tips for…
The 6 Types of Stigmatized Property
A stigmatized property is a house, dwelling, or place of occupancy that buyers or tenants avoid for reasons unrelated to its physical features or condition. These include the death of an occupant, murder, suicide, ghost sightings, and more. As you can imagine, selling a stigmatized property can be a challenge. In fact, according to a…
The Best Cities to Become a Real Estate Agent in 2018
Becoming a real estate agent can be a very lucrative profession. The Bureau of Labor Statistics show that the best real estate agents in the country earn over $100,000 annually. On top of a potentially high income, the job offers other attractive benefits including a relatively low barrier to entry, independence, few office politics, a…