Articles Index
Domain Name
The domain name is an internet location for your website that uses a name rather than the underlying number used by the computers. In other words, YourDomainName.com is what you type in to get to the site instead of the #.#.# that the name points to.
Real Estate Virtual Assistant
Think of the duties an unlicensed assistant would have in your office and have those things done by someone at a distance over the internet. That's a real estate virtual assistant. Within your state's laws, they could do certain administrative, marketing, internet, listings and transaction management tasks.
Capitalization Rate in Real Estate
The capitalization rate, or cap rate, of a property is a percentage number applied to future income to determine current value. This formula is written as Cap Rate = Net Operating Income / Value.
Cash Flow in Apartment & Multifamily Investment
Definition of cash flow in apartment & multifamily investment.
Economy of Scale in Apartment & Multifamily Investment
Definition of economy of scale in apartment & multifamily investment.
Apartment & Multifamily Investment
Definition of apartment & multifamily investment.
Amendment of a Real Estate Contract
An amendment, as it relates to a real estate contract or purchase agreement, refers to a document executed subsequent to the original contract being accepted by both parties, and modifying some aspect of the original contract. It's a change to the originally agreed upon terms. This should not be confused with an addendum.
Condominium
A condominium is one of a group of housing units where each homeowner owns their individual unit space, and all the dwelling share ownership of areas of common use.
Townhouse
A townhouse is one of a row of homes sharing common walls. Differing from condominiums, townhouse ownership does include individual ownership of the land.
Definition of Equity of Redemption
Equity of Redemption is something on the minds of more homeowners at a time of high foreclosures. Learn what it means here.
Debt Service Defined for the Real Estate Investor
Real estate investors must always be aware of their costs to hold and operate a property. Debt service is the annual cost in principal, interest or other charges related to the mortgage on a real estate investment property.
Real Estate Listings Syndication
Too many real estate agents and brokers only tout their own website exposure to their clients. Listing clients should be shown that their listing is syndicated to multiple busy web real estate portals.
Business Model
A business model is the theory and basic plan, as well as the structure, for operating a business. There are usually many business models in an industry. A model is chosen as a preference of how the owners want to operate, and as a response to their market and customer requirements. Real Estate business models include independent brokers, franchises, associate brokers, flat fee, commission, fee-for-service, and buyer agency.
Definition of Buyer Brokerage as a Real Estate Business Model
As representing buyers has become mainstream in the real estate brokerage business, so has the business model that only serves buyers, or the buyer brokerage.
The Standard Percentage of Selling Price Commission Model
The standard and long-used method of charging for services to real estate sellers and buyers is via the percent of selling price commission business model.
Definition of Flat Fee Real Estate Brokerage
There are many real estate business models, including flat fee brokerage. Learn what this business model looks like.
Real Estate Franchises Definition
Learn the definition of a real estate franchise, with examples and how they are structured.
Independent Brokerage as a Business Model Defined
The definition of independent brokerage as a business model in the practice of real estate.
BPO or Broker Price Opinion Definition
A BPO, or broker price opinion, is a broker's opinion of the value of a property in the current market. This term, and the product, are used mostly by lenders and banks that have properties facing foreclosure.
Blanket Real Estate Mortgage
A blanket real estate mortgage is a mortgage on multiple properties.
AfBA - The Affiliated Business Arrangement and RESPA
AfBA is the acronym for Affiliated Business Arrangement as related to real estate settlement procedures. RESPA, the Real Estate Settlement Procedures Act, regulates AfBA's, and disclosure in the settlement process.
RESPA - The Real Estate Settlement Procedures Act
RESPA, the Real Estate Settlement Procedures Act, was enacted by Congress in 1974 in order to regulate disclosure of costs in real estate transactions.
ARV or After Repair Value in Real Estate Investing
A high percentage of investments in real estate involve the purchase of properties in need of remodel and/or repairs. The investor buys the property, makes the repairs and then flips or resells it hopefully at a profit at the After Repair Value.
Net Operating Income (NOI) in Real Estate
Net operating income, or NOI, is rental income of a property after operating expenses. These expenses would include all operating expenses, including maintenance, insurance, janitorial, supplies, management, accounting, etc.
Insured Specific Access for Property Access
Property access can be dealt with in title insurance with the concept of insured specific access. By including a "together with" clause specifying the easements in the title policy language, the policy holder is assured coverage.