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Savvy real estate agents look beyond ChatGPT

Housing Wire

Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. AI models might not account for qualitative aspects like architectural uniqueness, interior design quality or the emotional appeal of a home. However, it was deemed as too challenging technologically so it languished.

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How to prepare a comparative market analysis (CMA) report

Housing Wire

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. The distance will really depend on your market and your knowledge of the surrounding neighborhoods. Your brokerage may also have a branded template available for use.

Marketing 384
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Selling Commercial Real Estate? 24 Practical Techniques to BOOST YOUR ROI on 5 Different Property Types

The Robert Weiler Company

Though, keep in mind that commercial real estate doesn’t always sell at market value. Using crafty ways to separate space, such as an open bookcase in a studio apartment, keeps things open and airy but also helps designate between the sleeping and living areas. Got Questions?

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. And it is a marginal rate tax - only the amount above each threshold is taxed.

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

Today, it is in the aforementioned neighborhoods that a special purpose property – buildings designed for one specific use – are being repurposed for new ventures. But for commercial real estate developers, brokerage firms, and appraisers, there’s another story hiding in plain sight. What’s Makes You So Special? What Is It Anyway?

Appraisal 158
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Appraising Historical Homes

Appraisal Today

She designed more than 700 buildings in California during a long and prolific career. No effect on value. In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. I appraised many of them, but never noticed any effect, plus or minus, for historic designation.

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Why Industrial Space for Rent Is the Hottest CRE Sector in 2021

The Robert Weiler Company

Research : Also coined in the industry as “flex,” flex space is utilized for research and development to design new products. Check back often or contact brokerage@rweiler.com to inquire with one of our experts. Classification is a way to differentiate specific market features for investors. Industrial Class Types Examined.

Logistics 147