Tom Ferry shares 5 daily activities to kill it out there!I get asked a lot of questions like… “What’s the one thing I should do to be successful?” “What’s the one lead gen strategy you’d recommend to generate business?” “What’s the one message that will get homeowners to choose me?”Here’s the truth: it’s never just one thing. Success is about doing multiple things that give you the power.I
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Many homeowners have limits on their home insurance policies that are too low to cover the full cost of repairing or rebuilding in case of a natural disaster—and the problem is particularly alarming in areas at risk of hurricanes and flooding, The Wall Street Journal reports.Catastrophic damage left in the wake of Hurricanes Harvey, Irma, and Maria last year revealed a widespread lack of full insurance coverage for many homeowners in Texas, F
Congress has until July 31 to extend the National Flood Insurance Program, which provides policies in 22,000 communities nationwide, and this week brought a last-minute flurry of activity as the deadline approaches.Reps. Tom MacArthur (R-N.J.) and Steve Scalise (R-La.) introduced a bill to extend the NFIP through Nov. 30. Reps. Ed Royce (R-Calif.) and Earl Blumenauer (D-Ore.) also introduced a four-month extension bill, which included eight bipar
Storm readiness is an essential part of homeownership. Summer storms and floods can damage property and endanger lives. Here are a few tips from the Outdoor Power Equipment Institute (OPEI), an international trade association representing small engine, utility vehicle (UTV), and outdoor power equipment manufacturers and suppliers, to help them be as prepared as possible before a damaging storm, flood, or hurricane. The necessary equipment. Owne
Mortgage rates dropped slightly this week, but overall, they were mostly flat, offering some temporary relief to borrowers.Mixed economic data this week prompted mortgage rates to remain in mostly a holding pattern, says Sam Khater, Freddie Mac’s chief economist. “Manufacturing output and consumer spending showed improvements, but construction activity was a disappointment,” Khater says. “This meant there was no driving force to move mort
A federal appeals court in Texas has ruled that the leadership structure of the Federal Housing Finance Agency—the caretakers of Fannie Mae and Freddie Mac—is unconstitutional. The U.S. Court of Appeals for the Fifth Circuit in Texas agreed with shareholders that the FHFA was “unconstitutionally insulated from executive control” with its single-director structure. The director cannot be removed by the president except for cause. If the co
Newcomers to the real estate business are joining the REALTOR® family in droves. The number of REALTORS® rose from 1.22 million in March 2017 to 1.3 million in April 2018, according to the 2018 National Association of REALTORS® Member Profile, released Thursday. There are more rookies hopping on the bandwagon too: 29 percent of members now have less than two years of experience. (Members of NAR account for about half of all active real estate
New York, Connecticut, Maryland, and New Jersey lawmakers are suing the federal government over a tax reform bill that put a cap of $10,000 on certain state and local tax deductions, including property taxes. Several states—such as these four—have state and local taxes that can far exceed $10,000.The states claim that the cap on certain local and state deductions (commonly referred to as SALT deductions) is unconstitutional. They’re asking
In June, housing starts fell by 12 percent—a sign that prospective buyers are becoming more hesitant toward rising housing costs and shrinking inventory. SmartAsset, a finance company, has been tracking this trend and offers advice for buyers as it continues to evolve.Offer these tips for your buyer clients trying to break into what can be a challenging housing market: The market doesn’t dictate how much you can afford. The market may change
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