Hard money loans are alternatives to conventional loans where private funding is secured by the value of the property loaned against. This typically leads to a faster closing for the loan as the lender isn’t as concerned with performing due diligence on the borrower as she is with ensuring the property is a sound risk.
There’s a new decentralized and distributed ledger system that is gaining in popularity and picking up speed that will revolutionize the way real estate is bought, sold, invested in, and transferred in the very near future. In fact, this distributed ledger technology (DLT), known as the blockchain, has already arrived and real estate transactions are currently being recorded on it.
Real estate professionals are commensurate marketers, able to communicate the valuable features of a property. Creating curb appeal is a large part of successfully selling a property. In fact, an entire subset of professionals work as property stagers to present residences in the most favorable light possible.
Real estate is an investment that is often won – or lost – on the margins. While unusual macroeconomic trends and catastrophic events can create an overwhelming environment that makes either success or failure inevitable, the more common dynamic is for relatively small, incremental developments and decisions to make the difference.
Real estate tech is trending in 2017. The digital era is changing the landscape of real estate with the implementation of virtual reality, mobile applications, drones, and smart technology in homes. Technology has always been part of the real estate industry, historically playing a role in online real estate listings, online reviews of real estate agents, and online ads.