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What to Know About Home Renovations in 2023

Lamacchia Realty

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

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Off-the-grid deals: Distressed property trends and market insights

Housing Wire

Lizell primarily purchases distressed bank-owned (REO) properties at auction, and trains other investors across the country to do the same through his REO Auction Academy. Most properties that sell at foreclosure and REO auctions are in need of major renovations, far from being in fully repaired condition. in Q1 2023. in Q1 2023.

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10 ways to use virtual reality technology in your real estate business

Housing Wire

This transformative technology has opened up a new world of possibilities, empowering agents and captivating potential buyers like never before. These immersive experiences enable prospective buyers to explore properties in three dimensions from the comfort of their homes.

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How a transparent marketplace provides a proven path to benefit homeowners

Housing Wire

That makes those homeowners susceptible to predatory behavior by some buyers operating in the pre-foreclosure marketplace, behavior that has been chronicled in several prominent, recent news stories. These institutional buyers purchased pre-foreclosure properties for 30% below estimated after-repair market value on average.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. There are still plenty of buyers interested in this area. If you don’t have active buyers, ask around the office.

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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

Include this photo in a gallery that contains multiple high-quality photos of the listing; this will prevent interested buyers from having to spend time finding a link to view the home. On the photo, include the date, time, address, price, and if space allows, features of the property. This is also a great way to show off your listings.

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9 unexpected costs when you do a gut renovation

Movoto

A gut renovation is a great way to get exactly what you want when you buy a home. Here are some curveballs to expect when you do a gut renovation. . With a realistic budget, preparation, and a lot of patience, a gut renovation will be worth it when you get your custom home designed specifically for you. Outdated plumbing.