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Tuesday, April 24, 2018

Due For Disruption: The Changing Face Of The Real Estate Industry

I got this awesome title from that talks about a lot of different aspects of real estate. I think there is a big change in marketing and finding real estate coming. The MLS will still be the bulk of the inventory, but there will be new players on the real estate field that will tap into cutting edge software. The MLS will probably not be able to keep up with the new software unless they really open up and upgrade their systems.
Most countries in the MENA region are asset-based economies, rather than outcome-based ones, with real estate being a significant portion of their GDP. For many, this often illiquid asset is also seen as the safest one. However, it is also a sector that is at a global tipping point of significant and fundamental change– driven by a confluence of innovations and disruptions. And as regional real estate plays gather “steam,” and exponential technologies become an inevitably increasing part of our physical and social infrastructure, entrepreneurs and investors would be hard pressed not to consider these as either opportunities for (or threats to) their businesses or sectors. 
Real Estate will always be a great way to park your money and build on the equity if you live or invest there. Every area has different variables for equity, but most do get some equity. Also investors wanting a great place to get some income and capture on the upswing of real estate values.

The industry is changing in cities like Cleveland where prices are going up and a lot of new Real Estate Brokers are moving in with new ways to market homes. Old worn out ways to market to find real estate for clients will be totally different in the near future.

Let's look at some new brokerages in Cleveland Berkshire Hathaway, Redfin, EXP Realty and Homesmart.  These are not fly by night companies they are serious players that will get a lot of the real estate market by having new technology that gets homes purchased and sold for their clients.  They tool their agents with marketing tools to help create more leads and potential buyers for their listings.

I am with EXP Realty and they put new technology on steroids. They have classes weekly in their virtual world to show their agents how to use all the new technology they offer. Basically they are preparing new information for this fast moving real estate market. EXP is also equipping their agents with tools to make their business successful and more importantly assist clients better.

If you are a Real Estate Agent and would like to see what new technology that I am talking about please attend our June 12th meeting just for you Click here to RSVP. You can also email me and we can meet for coffee. It's all FREE by the way.

If you need a home to live or investment please consider me I'm Brett and I have all the tools you need to find your real estate. Call 216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizonia

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$100k-$300K Chagrin Falls Homes for Sale

Homes listed for $100,000-$300,000 in Chagrin Falls Ohio

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Monday, April 23, 2018

Does your home offer any of the perks some buyers will pay more for?

This is a great article from by Whitney Ricketts that has some really great info. The article may surprise you and the reasons why buyers do pay more.  Before we get into the meat or tofu of this article think about areas that you like and if they line up with this article. 
To understand how much your home is worth, it’s important to understand the variety of factors that go into assessing the value, both existing (assessed and appraised) value, as well as potential real value on the market. The Zestimate is Zillow’s tool for extrapolating real market value of your home based on existing home-related data and actual sales prices in your are
The Zestimate tool is one of the worst ways to find value. The information is not audited and they throw every home in the mix of values. Foreclosed, Remodeled, doesn't matter they are all thrown into the value tool on Zillow. For example if you are looking at homes in a Golf Course subdivision, there is a big difference if a home is on the links than one that is not. Zillow does not see it that way and mixes homes on and off the golf course to get their home values. Home on the links can be worth way more than ones that are not........

How close you are to a Starbucks
How far do you have to drive to get a Frappuccino? If the answer is “not that far,” you’re in luck.
 A 2015 Zillow report found that, between 1997 and 2014, homes within a quarter-mile of a Starbucks increased in value by 96 percent, on average, compared with 65 percent for all U.S. homes, based on a comparison of Zillow Home Value Index data with a database of Starbucks locations
Yes you home could be worth more if you are close to a Starbucks. Let's face it everyone likes coffee and even if they don't Starbucks usually has a drink they like. People want places like Starbucks around them to meet their neighbors or just enjoy the drinks.
Trendy features
Joanna Gaines’ aesthetic is permeating more than just your YouTube search history. Zillow listings mentioning some of the shiplap queen’s favorite features — keywords like “barn door” and “farmhouse sink” — sell faster and for a premium, according to a 2016 Zillow analysis of descriptions of more than 2 million homes sold nationwide
Updated homes done correctly will also get you the best bang for the sell of your property. I just found a home for a buyer that wanted a fixer upper. The home had a lot of work that had been done, but the updates where less than stellar. Via we got a very good price on this home is a highly desirable area.
 How close you are to a city
If you own a home in a major metropolitan area in America, you’re most likely sitting on a significant (and rapidly appreciating) financial asset. Case in point: Home values in the New York, NY metro area are worth $2.6 trillion, per a recent Zillow analysis — which is more than the value of the entire French economy
Cleveland is a vast expanding city that has attracted billions of dollars in updating the downtown. There are Starbucks and many other coffee houses that line the streets. The rents and home values are going up because of it. Lake Erie and shopping are plentiful.

There is some reasons why buyers pay more for homes in some areas. Need a Realtor that knows and understands those areas? I'm Brett please call me for a FREE consultation on your real estate needs. 216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona 

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Sunday, April 22, 2018

New mall in Orange Village almost done.....Fun Theater with a twist

This article comes from by Scott Suttell and a few other sources. This new mixed use Mall will house some petty interesting tenants that you might want to check out.
"Among the retail businesses opening up shop at the new Pinecrest development in Orange Village this spring — REI, Whole Foods, Williams & Sonoma, Vineyard Vines, etc. — is an upscale boutique movie theater called Silverspot Cinema. "
Silverspot Cinema is a totally different theater experience. You can watch a movie while dining, that;s right you will be making reservations to see a movie. The tickets are about the same price and the meal is $12-$16 dollars. They do run different movies like concerts and silver screen classics.
"At Silverspot, which doubles as a bar and restaurant, customers can reserve their seats and order all refreshments ahead of time. When they arrive, they'll be served at their seats. Emerman adds that, unlike other theaters which serve to seated customers, Silverspot won't serve once the movie has begun."
They will also have apartments you can rent and stay in. Imagine being that close to all this fun and shops. Close to the freeway and these apartments will be 1st class apartments with all the upgrades that luxury renters expect. These apartments are not cheap $1868-$3476 a month for 1-3 bedrooms.
4th & Park is located at Pinecrest, Cleveland's premier new mixed-use district. Pinecrest's vibrant SUB-urban streetscape is soon-to-become the region's most sought after destination to live, work, shop, dine, play and stay. An exceptional mix of retail options, chef-driven restaurants, fitness facilities, pocket parks and a state-of-the-art theater are just steps from your front door. Units at 4th & Park offer residents a first class living experience, complete with stainless steel appliances, in-suite washer/dryers, spacious living rooms, walk-in closets, soaring windows and picturesque balconies -- all designed in a contemporary, versatile color palette with beautiful finishes to suit every style.
 There will also be a Shake Shack to dine in, that is from New York and the article says they rival In and Out burger? I have to wait an see about that, In and Out make awesome burgers. Either way it is a must try place to eat. There add say they pay $24-$45 an hour also, you could afford an apartment in this mall and walk to work.
Shake Shack's popularity among fast-casual burger aficionados is well established, perhaps rivaled only by In-N-Out Burger. Known for its 100 percent all-natural Angus beef burgers, crinkle fries, decadent shakes and concretes, it also serves its own private label beer and wine.
Want to see all the stores here is their website It should be a great place for Cleveland metro residents can enjoy. Growth is here and so are all the amenities.

Need a home near this mall? I'm Brett and I can assist you with that Call 216-703-5740 EXP Realty and I will be happy to assist you with finding your perfect place to call home.



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Beachwood Real Estate - Find Your Perfect Home For Sale! Fresh New listings

Here are all the Listings in Beachwood Ohio Call Brett 216-703-5740 EXP Realty Ohio

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Saturday, April 21, 2018

Creating a winning Formula for my Clients Real Estate needs

This week my clients did very well in finding great homes. I really am excited that 2018 is going to be a break out year for lot of home buyers and Real Estate investors. The market is red hot and so are a lot of home deals if you know where to look.

Wanted to share some examples of real estate happening this week. Closed on a Lakewood home last Friday and rented the home at $1350 a month this last Tuesday. Over 100+ potential tenants wanted the home. If you purchase real estate in a great areas the buyers and tenants will come.

We opened escrow on 5 lots in Tremont Area to build some luxury Town homes that will have a 15 year property tax abatement. These will be over 2000 SF builds that start in the low $500K. I personally set up the builders and got all the bids in for my clients. Need a new build in Tremont?

Our company got all the bids in on a home we will remodel and resell in Pepper Pike Ohio. This home is in great condition, but will get a complete over hall. New kitchen, Windows, paint, bathrooms and guess what it's a ranch home. Should be back on the market in 4-6 weeks.

Writing up a deal for a client to purchase one of my listings for their portfolio. They liked the home and the income. This property already has a property manager and a tenant. Very excited to take care of both buyer and seller.

We had two inspections on current purchases this week and those two properties look like they will close for our clients. I am almost always at inspections and want to see also what the professional inspector has to say about the home. Understanding the needs of a homes helps me assist my clients in any repairs they may want on the home.

These are just a few things that I do every week for my clients to find them the best deals. Need a real estate agent that works hard for your real estate needs? I'm Brett call 216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona

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Due For Disruption: The Changing Face Of The Real Estate Industry

I got this awesome title from  that talks about a lot of different aspects of real estate. I think there...