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Fayetteville-area homes for sale rise to $299,700 median price

Fayetteville-area homes for sale rise to 9,700 median price
Fayetteville-area homes for sale rise to 9,700 median price

A typical Cumberland County home listed for $299,700 in October, up 1.6{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} from the previous month’s $294,875, an analysis of data from Realtor.com shows.

The median list home price in October was up about 54.1{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} from October 2021. Cumberland County’s median home was 2,100 square feet for a listed price of $142 per square foot.

The Cumberland County market was busy, with a median 46 days on market. A month earlier, homes had a median 43 days on market. The market added 448 new home listings in October, compared with the 632 added in October 2021. The market ended the month with some 505 listings of homes for sale.

High interest rates are making mortgage payments more expensive. With prevailing mortgage rates and 20{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} down, the mortgage payment on Cumberland County’s median home would cost $1,608 per month, not including insurance, closing fees, homeowner association dues or other costs, according to a USA TODAY Network analysis. A month earlier, the median home mortgage would have cost $1,522. A year earlier, the median home mortgage would have cost $668.

The median home prices issued by Realtor.com may exclude much, or even most, of a market’s homes. The price and volume represent only homes that are single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

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This Is How Luxury Real Estate Agents Spend Their Sundays

This Is How Luxury Real Estate Agents Spend Their Sundays

Real estate duo Tal and Oren Alexander, most known for co-representing the buyer of a 24,000 square foot penthouse sold for $238 million in 2019, which was the most expensive residential home transaction in the U.S., know what it takes to make it in the luxury real estate market.

Founding their own team at Douglas Elliman Real Estate, the duo then used their track record and namesake to start their own ultra-luxury real estate company, Official Partners earlier this year, which operates in the luxurious New York and Miami markets.
Read also: 10 Most Expensive Celebrity Homes, Elon Musk Does Not Make The List

Tal, 36, resides in Manhattan with his girlfriend, who is a partner at a venture capital firm.

The majority of the year, Oren, 35, and his fiancée live in Miami where he manages the Florida branch of the company, which primarily serves customers from New York.

Most people spend Sundays relaxing or catching up on their hobbies — not the Alexander’s.

“For Oren and myself, there are no days off. Sunday’s an important day because a lot of clients who are buyers want to go see open houses,” Tal said to the New York Times. “I start off early, about 8 a.m., and take a class at Barry’s Bootcamp or if the weather’s nice, I’ll run in Central Park.”

Tal’s brother, Oren, said he also starts off his Sundays with a workout.

Both brothers admitted to going to brunch, with Tal saying he meets clients while eating and Oren saying he likes taking long walks afterward to look at architecture, what’s the latest hotel that’s opened and the new restaurant openings

You don’t have to be a luxury real estate agent, or even a real estate agent to make money in the housing market. Here’s how to invest as little as $100 in rental properties to earn passive income and build long-term wealth.

Tal said that he spends the afternoon showing various penthouses to clients, then ends the afternoon at a social wellness club.

“Then usually we’ll go home and try to watch some NFL football,” Tal said. “We’re both big Dolphins fans. About 7:30 or 8 we’ll head out to dinner.”

The duo said they like to spend time going over any emails from the previous week, to make sure everything was covered, with both agreeing that midnight was about the time they go to bed.
To read about the latest developments in the industry, check out Benzinga’s real estate home page.

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© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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7 Tips For Exiting Your Real Estate Brokerage Without Burning Bridges

7 Tips For Exiting Your Real Estate Brokerage Without Burning Bridges

Whether you’re leaving for a new opportunity, because you’re mad or simply because you’re ready for a fresh start, there’s a right way and a wrong way to make a change. Here’s how to leave a brokerage on good terms, even when there are complex feelings involved.

New markets require new approaches and tactics. Experts and industry leaders take the stage at Inman Connect New York in January to help navigate the market shift — and prepare for the next one. Meet the moment and join us. Register here.

There are as many reasons for leaving a brokerage as there are people who leave. Maybe you’re leaving for personal reasons or because the company culture is just not a fit for you. Maybe you’re leaving because you need more flexibility or because of a personality conflict with your current broker. In some cases, you may be leaving because of dishonest dealings or problematic attitudes at your brokerage that have recently come to light.

Whatever the case, there’s a right way and a wrong way to make the switch from one brokerage to another. Here’s how to leave your brokerage in a way that you can feel good about.

Don’t use company resources to transition

If you know you’ll be looking for a job, that’s something you should do on your own time using your own resources. Don’t involve your current workplace in your job search. Not only is it unprofessional, it’s downright disrespectful.

Don’t use your company email, work computer, copy machine or office supplies to prepare or send out resumes or to communicate with your prospective brokerage. Don’t sit in the office talking to other brokers on the phone or let down current clients and colleagues in favor of time spent with your prospective new broker.

Don’t disrespect your broker

Even if you don’t much like your current broker, there’s no need to be disrespectful as you leave. After all, your broker gave you a chance and, presumably, has helped you to learn the ropes if you were a new agent when you arrived or, if you were a veteran agent, has facilitated the growth of your career.

Have a discussion with your broker when you’re ready to begin looking for a new brokerage. Don’t let them find out through the grapevine that you’ve decided to move on and don’t let all of your fellow agents know before telling your broker. Even if your personal relationship isn’t the best, be professional in the way that you relate and offer them the courtesy of a timely heads-up.

Don’t air your grievances

You may think that leaving your brokerage gives you the chance to let everyone know how you feel. Now is your big opportunity to finally tell folks exactly what you’ve always thought about them, right? Wrong.

There’s a reason real estate is a relationship business. The agent you tell off today may be sitting across the table from you on your next transaction. The admin you snub on your way out the door may be getting their feet wet before becoming a big-time broker down the road. Burning bridges is a terrible idea since you’ll likely see some of the same people on the path ahead. Keep your thoughts to yourself.

Don’t undermine your current brokerage

Similarly, you may be tempted to talk down your current brokerage to everyone who’ll listen. You may want to tell them how incompetent everyone is, how unprofessional and what a misery it was for you to put up with them for as long as you did. In most cases, you will be the one who comes off looking bad, either because of your behavior or because of the bad vibes you’re giving off.

Aside from that, the Realtor’s Code of Ethics Standard of Practice 15-2 states that Realtors have:

The obligation to refrain from making false or misleading statements about other real estate professionals, their businesses, and their business practices includes the duty to not knowingly or recklessly publish, repeat, retransmit, or republish false or misleading statements made by others. This duty applies whether false or misleading statements are repeated in person, in writing, by technological means (e.g., the Internet), or by any other means. 

In other words, if your insults are based more in your perceptions and personal beefs than in reality, you could find yourself in ethical hot water.

Don’t give in to pettiness

Not speaking to that person you’ve always disliked. Not returning phone calls in a timely manner. Not dealing with that troublesome office manager. The last days or weeks at the brokerage can seem like a perfect time to give in to all of your worst instincts. Don’t.

That office manager may be the one who’ll ensure your last commission check gets to you on time. That person you’ve always disliked may end up following you to the new brokerage. Those phone calls you didn’t return may include a potential lead or two. Continue to do your best work and keep your reputation intact.

Try to focus on the positives

Even though you may be excited to move along to your new brokerage, for your peace of mind it’s best to try to focus on the positive aspects of your current brokerage. Did you learn anything? Did you make at least one or two friends or connect with some amazing clients? Did you find a solid mentor? What can you take away from the experience that’s good?

While you may legitimately have frustrations with the place you’re leaving behind, if you can focus on the positives you’ll transition to your new brokerage with a different perspective and a better energy. That will help you to hit the ground running and make you more successful in your next professional environment.

If there are serious matters to address, do so professionally

Of course, sometimes you’re leaving for more serious reasons than a personality conflict or a more favorable split. Perhaps you’re leaving behind a truly toxic work environment, harassment or unscrupulous business practices. You may need to address the behaviors you’ve witnessed once you’re away from your current brokerage.

In this case, you’ll want to have the counsel of a trusted legal adviser. They can guide you through the process of contacting the appropriate corporate representative, your Board of Realtors, Professional Standards Commission or Division of Real Estate to provide relevant information in a timely manner.

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huntington & ellis, A Real Estate Agency Welcomes New Agents

huntington & ellis, A Real Estate Agency Welcomes New Agents

huntington & ellis, A Real Estate Agency is expanding its Southern Nevada network of top-producing real estate agents. The agency recently welcomed 11 agents and five real estate groups to its Las Vegas office, growing its operations by a total of 23 new agents. 

“Expanding our brokerage with some of the state’s most established agents is a testament to our commitment to strategic growth,” said Craig Tann, CEO and founder of huntington & ellis. “Our agent-centric philosophy has been a fundamental element in our rapid strategic growth. We have already doubled in size this year, further cementing our presence as one of the fastest developing and leading agencies in Nevada.”

The list of new agents and teams added in 2022 includes: 

  • Mitch Fulfer, Broker – Salesperson
  • Christina Cova-Simmons, Broker – Salesperson 
  • Poujon Sadri, Broker – Salesperson
  • Gabriella DeBartoli, Realtor 
  • Alexandria Pearl, Realtor 
  • Hector Banuelos, Realtor
  • Sarah Gabany, Realtor 
  • Megan LaDuke, Realtor 
  • Daniel Bessent, Realtor 
  • David Bishop, Realtor
  • Stephen Tomes, Realtor 
  • Sam Cohen, Team Lead | Broker – Salesperson with The Cohen Group LV 
  • Erick Guzman, Team Lead | Realtor with The Erick Guzman Group 
  • Monty Meadows, Team Lead | Realtor with The Meadows Group 
  • Melissa Machat, Team Lead | Realtor with The Machat Group 
  • Angel Flores, Team Lead | Realtor with The Flores Group 

As a collective, the brokerage’s newest additions have represented thousands of clients throughout their careers, selling over 2,600 homes and garnering nearly a billion in sales volume. Many have also been consistently ranked as top producers by prestigious Las Vegas publications, including the Greater Las Vegas Association of REALTORS (GLVAR), MYVEGAS, VEGAS INC. and more. 

“Each agent’s impressive track record and expertise in the Las Vegas area brings a unique advantage to our agency,” said Tann. “As we welcome more result-driven agents, we will continue advancing services, strengthening our reach and evolving ahead of the market.” 

huntington & ellis has introduced over 50 new agents to its agency this year, now serving the Las Vegas market through its 17 groups and more than 100 agents. For more information about huntington & ellis, visit www.huntingtonandellis.com. 

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YES-HOMES Real Estate Group Announces Expansion of

YES-HOMES Real Estate Group Announces Expansion of

ST. PETERSBURG, Fla., Nov. 14, 2022 (GLOBE NEWSWIRE) — YES-Homes Luxury Real Estate Group is pleased to announce the expansion of its services to customers. Traditionally known for working in the luxury real estate market in St. Petersburg over the past 20 years, YES has said YES to helping their clients with real estate investments. 

The new investment division of YES-Homes is led by real estate investor and partner Rachel Sartain Tenpenny, who states, “I believe real estate investing is a wealth-building tool and I am excited to offer this service to our clients.”

In an effort to expand its services, YES-Homes has brought on a savvy new team member, Brooks Byrne, to assist real estate clients with their investment needs. Byrne comes to the group with over 10 years of consulting and customer service experience. Prior to joining the team, he was a business consultant, helping small businesses with payroll and HR services. As a consultant, one of his industry specialties was real estate, where he learned about the investment side of the real estate industry. As an avid reader of real estate investing literature, Byrne uses top-ranked analysis tools to uncover solid real estate investment opportunities. The team is confident that his wealth of experience and knowledge will be a great asset to this new sector of business. 

Tenpenny and Byrne both believe in the power of real estate investing to build wealth, diversify portfolios, and hedge against inflation. “Helping our customers by understanding their individual investment needs is what sets YES apart,” Tenpenny explains. YES-HOMES partner Rhonda Sanderford further elaborates, “We take the same consultive, hands-on approach with our clients’ investment goals that we have for 20 years selling luxury homes. After all, most residential transactions are a person’s largest investment.”

YES-HOMES takes pride in their responsive approach with customers, and their knowledge and experience within the real estate market is unparalleled across Tampa Bay. The combination of the team’s customer service standard and detailed knowledge of investment opportunities in the area yields a win-win scenario for every client. Many of YES-HOMES’ past clients have built a portion of their wealth through real estate investing and continue to look to the team for advice and guidance today. They are eager to assist with long-term rental analysis and execution, short-term rental strategies, buying and holding, income-producing properties, small-scale commercial real estate, land banking, and everything in between. 

The luxury group is confident that this new division of business is an excellent avenue to continue services to past clients, while also welcoming in new clients looking to expand their wealth. 

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About YES-HOMES

YES-HOMES Real Estate Group has been consistently ranked among the Top 10 Agents in St. Petersburg for more than two decades. Established in 2002, the group consists of three agents and operates under the Coastal Properties Group and Christie’s International Real Estate brokerage in the Tampa Bay area. This equal partnership operates at the highest level of real estate advising and offers a deep understanding of the luxury market. Focused on the wealth client, YES-HOMES maintains an outstanding reputation for upstanding concierge service. With Coastal Properties Group, the team’s geographic reach encompasses coastal residences from Tarpon Springs to Tierra Verde, downtown St. Petersburg to downtown Tampa, Clearwater Beach to Apollo Beach and beyond. The YES-HOMES team is located at 111 2nd Ave, Suite 105, St. Petersburg, FL, 33701. For more information, please visit https://www.yes-homes.com/. 

Contact Information:
Morgan Bobo
Press Contact
morgan@coastalpgi.com
9016748748

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Aurora woman’s home listed on Zillow rentals by scammer without her knowledge, permission

Aurora woman’s home listed on Zillow rentals by scammer without her knowledge, permission

AURORA, Sick. (WLS) — A female in Aurora claimed her dwelling was listed for rent without having her expertise or authorization, major to men and women demonstrating up at her home and attempting to get inside. She said some have even compensated thousands of pounds to hire her household.

But the phony listing is all section of a huge scam.

Donna has questioned ABC7 not use her very last name due to the fact so many people have been stopping by to inquire about her property. She understands the interest she adores her Aurora residence, and stated she has no plans to depart any time shortly.

So it took her solely be shock when a stranger showed up unannounced, seeking to get a tour.

“And he informed me that he was here to see the house, that he desired to see it because it was for lease, and I mentioned ‘This residence is not for rent,'” she recalled. “And he said, ‘Yes it is, I’ve acquired the paperwork.'”

Donna said the gentleman showed her a lease that the so-referred to as assets operator gave him, which incorporated a bogus signature from her.

“I was worried,” she explained. “I claimed, ‘Where did you see the property?’ He explained, ‘Well, it is on Zillow.'”

Donna reported she searched the actual estate site Zillow.com and there it was: her household listed for lease.

“And they took the serious estate listing, which exhibits all the rooms, you know, they showed the property entirely. They had all the pictures. The same matter that captivated me to the home,” she claimed.

Donna named the law enforcement and was hoping that would be the conclusion of it. But, she mentioned, the up coming early morning a person else confirmed up.

“And once again she’s flashing the papers in front of the door, ‘I’m renting your residence I want to see it,'” Donna reported.

This time the would-be renter was an expectant mother. She failed to want to converse on digital camera, but mentioned she sent the so-named house operator countless numbers of bucks up entrance by means of Zelle to safe the rental residence. She had signed a lease, much too.

The lady reported it wasn’t until finally she visited the home and achieved Donna that she recognized she’d been ripped off.

“I could notify she was devastated with what occurred to her,” Donna claimed.

Lisa Kuersten also saw the Aurora home shown for rent on Zillow.

“They really had me fooled for the reason that they appeared so honest in almost everything they were being stating,” she stated.

Kuersten mentioned the home was fantastic, so she utilized on Zillow and read again from the so-identified as proprietor shortly just after.

“And they mentioned ‘great, fill out this data, feel absolutely free to generate by the put There’s currently men and women residing there so we simply cannot do a walkthrough,'” Kuersten reported.

She claimed she stopped by and was right away sold, but grew cautious when the so-named operator questioned her to send out her deposit by using Zelle to a assets supervisor.

“Which is a red flag. Why are we sending the funds to a different human being than we’ve been speaking with?” she explained.

Immediately after executing far more investigate and hunting up the dwelling on line, Kuersten found Donna and uncovered the listing was faux.

“It was terrifying to know that we were being shut to becoming ripped off. We thought we ended up accomplishing issues suitable, We thought we did our study,” Kuersten claimed.

FBI Special Agent Siobhan Johnson mentioned losses from rental frauds are rising at a disturbing fee.

“So about 5 years in the past, we saw somewhere all-around $3 million in losses just in Illinois. This calendar year, we observed $6.9 million,” she said.

Nationwide, the FBI said it observed $350 million in losses in the very last year.

“If a house owner is a target of one particular of these scams, they ought to be extremely anxious. What you really don’t want is for persons to come to your property, indignant at you, since they missing a terrific offer of income,” claimed Johnson.

Johnson explained householders must research their very own tackle online consistently just to make certain there aren’t any bogus listings. And renters ought to be thorough when wiring dollars to reserve a property. Wiring dollars is like handing about income.

Also, really don’t fork out everything until finally you have really witnessed a assets in person.

Donna said just past week, she saw a different person travel by her household to choose shots. She’s fed up and just wants it to quit.

“Each individual time the cellular phone rings and they say, ‘are you Donna?’ and I say, ‘yes,’ my problem is they are heading to say can we arrive and see your property, it can be for lease,” she stated. “I was gonna set a signal on the doorway that suggests ‘this household is not for rent.'”

Zillow said the listing was taken off by its workforce in just 72 several hours right after it was posted, and that it actively screens for feasible fraud or scams to avert them from having posted. Zillow will allow end users to report suspicious listings, which then get investigated by the platform. If the listing is discovered to be fraudulent, it is taken off from the website as immediately as probable.

Donna mentioned she hopes this tale serves as clear warning she just isn’t going wherever, and her property is not for hire.

Entire assertion from Zillow

“Zillow strives to deliver a protected online group on our system, and we go to excellent lengths to watch action and thoroughly tell our people of the existence of frauds and how to secure themselves. Our shopper help workforce displays activity on the internet site in a amount of unique means, actively screening for possible fraud or cons and preventing them from obtaining posted. If a listing is uncovered to be fraudulent, it is eradicated from Zillow as promptly as probable.

“Zillow’s “Beware of ripoffs and other online fraud” site provides beneficial information and facts for online users on how to avoid fraudulent listings, which include looking out for crimson flags like requests for wire transfers and lengthy-length inquiries.” – a Zillow spokesperson

As soon as you confirmed the accurate tackle, we had been able to evaluation the problem. We observed that the listing was taken off by our team inside 72 hours right after it was posted.

Also needed to let you know that all listings on our platform include things like a “Report a Listing” possibility for buyers to flag suspicious or erroneous listings to our assistance groups, which they then look into, in addition to their typical screening do the job.

Yet again, our Beware of Scams webpage is a helpful useful resource that can help customers determine likely frauds on line.

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