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realty 411

Rehab Caravan Tour

January 31, 2023 by Realty411 Team

Sunday, April 2rd, 2023 — Rehab Caravan Tour

Property tour is from 9 AM to 3 PM ET

The Home Depot 1651 South Christopher Columbus Boulevard Philadelphia, PA 19148 United States

All experience levels welcomed; ESPECIALLY amateur and/or first-time investors

If your a new or seasoned real estate investor looking to get some direct guidance on how to review, inspect and choose potential investment properties, this is the event for you. You will be part of a tour that will travel to multiple properties with a team of real estate professionals, including but not limited to a mortgage lender, realtor, general contractor and title agent, that will walk you through potentially good and bad deals so that you will have an ideal of what to look for when you are evaluating your own properties. You must bring your own car. Breakfast and lunch will be provided.

Filed Under: events, experts, investing tips, networking, news Tagged With: PA, Pennsylvania Events, Philadelphia Business Classes, Philadelphia Classes, real estate investing, real estate investing tips, real estate investor, real estate magazines, real estate wealth, realty 411, realty magazine, realty411, rei magazine, rei wealth, REIwealth, Things to do in Philadelphia, United States Events

Realty 411 and Clubhouse Investors Summit Happy Hour

January 31, 2023 by Realty411 Team

Friday, March 31st – Realty 411 and Clubhouse Investors Summit Happy Hour

(Friday, 3/31 from 6 PM – 8 PM ET)

Courtyard by Marriott Philadelphia South at The Navy Yard 1001 Intrepid Avenue Philadelphia, PA 19112 United States

Join us for a networking happy hour on the eve of our flagship event for the spring with Realty411

This will be a private happy hour event to warm attendees up for the main Realty411 event that will be taking place the following day If you’d like to know more about the venue and what you can expect, you can visit their website.

Filed Under: events, experts, networking, news Tagged With: networking, PA, Pennsylvania Events, Philadelphia Business Networking, Philadelphia Networking, real estate investing, real estate investing tips, real estate investor, real estate magazines, real estate networking event, real estate wealth, realty 411, realty magazine, realty411, rei magazine, rei wealth, REIwealth, Things to do in Philadelphia

Realty 411 and Clubhouse Investors Mastermind Luncheon

January 31, 2023 by Realty411 Team

Friday, March 31st – Realty 411 and Clubhouse Investors Mastermind Luncheon

(Friday, 3/31 from 11:30 AM – 2 PM ET)

Courtyard by Marriott Philadelphia South at The Navy Yard 1001 Intrepid Avenue Philadelphia, PA 19112 United States

Join us for a mastermind luncheon on the eve of our flagship event for the spring with Realty411

This will be a private luncheon event to warm attendees up for the main Realty411 event that will be taking place the following day

If you’d like to know more about the venue and what you can expect, you can visit their website.

Event Organized By Joseph V Scorese

Filed Under: events, experts, networking, news Tagged With: networking, PA, Pennsylvania Events, Philadelphia Business Networking, Philadelphia Networking, real estate investing, real estate investing tips, real estate investor, real estate magazines, real estate networking event, real estate wealth, realty 411, realty magazine, realty411, rei magazine, rei wealth, REIwealth, Things to do in Philadelphia

Debunking Common Myths About New-Construction Homes

January 30, 2023 by Realty411 Team

By Stephanie Mojica

As new homes become more popular again, some investors are still shy about buying them. A major reason, according to REALTOR.com, is that people believe new construction is expensive and time-consuming. However, that’s not necessarily true.

Here are five other myths about new homes, and the truth about each one.

1. Financing a new home is difficult.

Actually, it may be easier to finance a new-construction home than an existing property. Builders usually can offer special terms through their relationships with lenders. Sometimes, major builders even act as lenders.


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2. You won’t be able to inspect a new home before buying it.

This is another misconception. In reality, most buyers can even inspect the home while it is being built. Local government officials also inspect a property before issuing paperwork like certificates of occupancy, so rest assured that your investment will be safe.

3. New-construction homes all look alike.

While there are traditional models that builders use, there’s still plenty of room for each buyer to customize their new home. Remember that existing properties actually are sold “as is.” Always check builder reviews before signing any contracts.


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4. Pre-owned homes were built better.

Building standards, codes, and the quality of materials get better every year, so this is another myth. Things like lead paint just aren’t acceptable anymore.

5. You don’t need a real estate agent to buy a new home.

If you’re an experienced investor, this might turn out to be true. However, buyers of new homes can still benefit from having a real estate agent involved in the deal. An experienced realtor can save you money on the purchase price and negotiate the best deals on any customizations.

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Filed Under: investing tips, news Tagged With: new-contruction myths, real estate investing, real estate investing tips, real estate investment, real estate investor, real estate magazines, real estate myths, real estate wealth, realty 411, realty magazine, realty411, rei magazine, rei wealth, REIwealth

Join Us in Santa Barbara this Saturday!

January 26, 2023 by Realty411 Team

Investors, it’s time to grow your knowledge and influence at our Santa Barbara Investor Summit this Saturday, January 28th, 2023.

Guests will network with local and national investors in the “American Riviera” at a beautiful beach-front hotel, parking is complimentary for the first 30 guests.

Download our Event Schedule:
https://joom.ag/Nc9d

Santa Barbara is a scenic coastal city just 90 minutes north of Los Angeles, CA. Discover the beautiful area and make connections.

Meet real estate investors based in the Central Coast who are actively rehabbing properties and/or managing rental-income portfolios.

Plus, connect with investors visiting from other cities. Stay after the Summit and network at our exclusive party, appetizers and cake will be served.

Filed Under: events, experts, expo, networking, news Tagged With: real estate investing, real estate investing tips, real estate investor, real estate investor summit, real estate magazines, real estate wealth, realty 411, realty magazine, realty411, Realty411 investor summit, rei magazine, rei wealth, REIwealth, Santa Barbara real estate summit

CFA Report Explains How Home Buyers Can Get a Better Deal by Using Newly Available Information About Buyer Agent Commissions Published on Home Sale Listings

January 25, 2023 by Realty411 Team

These Commissions Are Prominently Published by Redfin’s Website on Most Homes Listed for Sale, and also by Zillow and a Couple Large Firms on Many of Their Listings

Washington, D.C. – Today the Consumer Federation of America (CFA) released a new report – Buyer Agent Commission Rate Disclosures and Their Implications for Home Buyers and Sellers – that can help home buyers purchase the home they want and pay less for it. The report includes an analysis of the publication of buyer agent commission rates by more than 300 local brokerage and portal websites. (A commission rate represents a percentage of the home sale price.)

The prominent publication of buyer agent commissions can help home buyers avoid well-documented steering by some agents away from low-commission homes to high-commission ones,” noted Stephen Brobeck, a CFA senior fellow and long-time researcher of residential brokerage policies and practices. “Steered consumers may not be shown homes they would have preferred and end up paying higher commissions that are effectively added to the sale price of homes,” he added.


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CFA recommends that on homes that interest them, home buyers always note the commission rate offered by the listing agent to buyer agents, then check to see whether their agent discourages them from visiting low-commission homes. CFA also recommends that, if the rate is relatively high, buyers inquire as to whether a portion of it can be “rebated” to them.

Published buyer agent rates can also benefit home sellers by giving them information about typical rates usually paid to buyer agents in their area. Today, because multiple listing services (MLSs) require listing agents to offer compensation to buyer agents, home sellers directly pay the commissions of both their agent and the buyer agent.

The report found that many large firms – including Berkshire Hathaway, Sotheby’s, Compass, Howard Hanna, Long & Foster, Crye-Leike, Century 21, and Realty One – never or rarely publish buyer agent rates. It also learned that Zillow, Keller Williams, and Better Homes and Gardens prominently publish buyer agent rates on many of the homes for sale that they list on their websites.


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Redfin, however, prominently publishes buyer rates on a large majority of the homes listed on local multiple listing services (MLSs). “Home buyers who cannot find buyer agent rates on the website of their buyer agent can usually find these rates on the Redfin website,” CFA’s Brobeck noted.

The report emphasized that, while published buyer agent commission rates can benefit consumers, they are unlikely to increase price competition because buyers remain unable to negotiate these rates. Two major lawsuits – Sitzer v. NAR and Moehrl v. NAR – have challenged the tying (or coupling) of listing agent and buyer agent commission. “Untying commissions would allow buyers to negotiate rates, encourage sellers to do the same, and provide new opportunities for discount brokers to market their services,” said CFA’s Brobeck. Research has found that commissions in the U.S. tend to be relatively high (internationally) and uniform (locally).


Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Filed Under: news Tagged With: CFA report, Consumer Federation of America, real estate deals, real estate investing, real estate investing tips, real estate investor, real estate magazines, real estate wealth, realty 411, realty magazine, realty411, rei magazine, rei wealth, REIwealth

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