Mortgage Check Up

| May 30, 2017

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Mortgage Check Up

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Friedman Integrated Real Estate Solutions

As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of Advisory, Property Management, Brokerage and Construction services that it offers.

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REAL ESTATE TECHNOLOGY

Why Building Lifetime Engagement is Critical for Your Real Estate Business

Article | May 27, 2021

You may have heard the often-cited National Association of REALTORS® (NAR) statistic that 90% of homeowners would use their real estate agent again, but only 12% actually do. What you may not know is the reason behind it. According to Chris Stuart, president of PLACE, Inc., the real estate industry spends more on customer acquisition than any other industry but doesn’t invest the same amount in customer retention. The numbers back him up, with companies like Southwest and Marriott spending less than 3% of their marketing budget on customer acquisition, while the real estate industry spends a whopping 20% of its marketing dollars to add customers, only to lose them as they leave the closing table. Of course, retention in real estate is made more difficult by the fact that the average time between real estate transactions is five to seven years, not just a few weeks or months as it would be for retail or travel companies. Looking at other industries that focus more on customer retention, they do so not by offering a host of random services, but by creating a customer experience that brings people back over and over. With that in mind, here is a tactical approach that will allow you to prove your value month after month—for years to come.

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WHY YOU NEED BIG DATA FOR REAL ESTATE ANALYSIS

Article | May 27, 2021

The use of big data has permeated a wide range of sectors. In fact, professionals from every field rely on it to improve the accuracy and effectiveness of their analysis. As you would expect, big data had the same impact on the real estate industry as well. Over the past decade, big data has come to occupy a central place in real estate analysis and every savvy real estate investor relies on it to provide an accurate overview of the housing market. So what exactly are the benefits of big data for residential real estate? And how to use big data for real estate analysis?

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How Technology Is Enabling the Real Estate Process

Article | May 27, 2021

Almost everything right now is shifting to a virtual format. One of the big changes we’re adapting to is the revisions to the common real estate transaction, which all vary by state and locality. Technology, however, is making it possible for many of us to continue on the quest for homeownership, an essential need for all. Here’s a look at some of the elements of the process that are changing (at least in the near-term), due to stay-at-home orders and social distancing, and what you may need to know about each one if you’re thinking of buying or selling a home sooner rather than later.

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WHAT IS REAL ESTATE SYNDICATION AND HOW TO START ONE?

Article | May 27, 2021

Real estate syndication, also referred to as real estate crowdfunding, is an investment model where multiple real estate investors pool their capital for the common objective of financing a property investment. This way, real estate investors can invest in real estate projects that are considerably larger than they could have afforded as individual investors. Real estate syndications are usually led by a sponsor (or syndicate) who oversees the financing, acquisition, and management of investment properties on behalf of the investors. Therefore, the success of a real estate syndication will greatly depend on how competent the sponsor is. They earn active income through rental property management fees. They may also provide a small portion of the investment capital.

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Spotlight

Friedman Integrated Real Estate Solutions

As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Integrated Real Estate Solutions provides clients with a single point of contact for the full range of Advisory, Property Management, Brokerage and Construction services that it offers.

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