With rising energy costs and increasing environmental concerns, making your granny flat energy-efficient is the smart move. Not only does it reduce your carbon footprint, but it also saves you money in the long run. Whether you’re building a new granny flat or looking to upgrade an existing one, there are plenty of ways to…
In the face of an ever-increasing global population, dwindling freshwater resources, and shifting weather patterns, it’s becoming essential for the real estate industry to think about sustainable water usage. Whether it’s designing new properties or retrofitting older ones, water-saving technology plays a vital role in sustainable real estate development. But how can real estate professionals…
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In real estate, “BOM” stands for “Back on Market.” This term is used to indicate that a property that was previously under contract is now available again for sale. When a property goes under contract, it means that the seller has accepted an offer from a buyer, and the property is no longer available for…
Data is reshaping the real estate industry in unprecedented ways. With the rise of big data and technological advancements, the way real estate professionals collect, analyze, and utilize data is changing rapidly. Here are some of the ways that data is reshaping the real estate industry: Predictive Analytics: Predictive analytics uses data, statistical algorithms, and…
First impressions are everything, and what you wear to a real estate interview can greatly impact your potential employer. Here are some tips on what to wear to a real estate interview: Dress Professionally: It is important to dress professionally for a real estate interview. This means wearing a suit or dress pants, a blazer,…
Turnkey real estate in Florida means a property that is ready for immediate occupancy. As an investor, you don’t have to worry about doing any repairs or renovations – the current owner has already done them all. This can be especially advantageous if you’re new to investing and don’t have much experience with renovating homes….
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Entitlement in real estate refers to the rights and privileges associated with owning or using a property. It is a legal term that encompasses zoning, building permits, public infrastructure improvements, and other considerations related to land use. Entitlements are granted by local governments and can vary depending on specific regulations and laws. In some cases,…
CTG stands for “Contract to Go,” which is a type of real estate contract that is used in some states. The Contract to Go (CTG) agreement is a legally binding document between the buyer and seller that outlines the terms and conditions of their transaction. With this type of contract, buyers are able to make…
DRE stands for the Department of Real Estate, a division of the California Department of Business Oversight (DBO). The Department of Real Estate was established in 1917. The Department of Real Estate is responsible for regulating and enforcing real estate laws in the state of California and for providing consumer protection. The DRE is also…
A dry closing – also known as a table closing or signing appointment – is the final step in purchasing real estate. It’s when all documents are signed and exchanged, officially transferring ownership of the property from seller to buyer. During a dry closing, both parties meet at an agreed-upon place (usually with their real…
