Daily Real Estate News

3 Ways to Cool Down Your Home This Summer

RisMedia Consumer News - July 22, 2021 - 5:03am

We’re mid-way through summer and there’s already been several heat waves making their way across the country. If you struggle to keep your home cool in the warmer months, or your electricity bills are astronomical because you run the air conditioner all day, you may want to consider the following.

Keep Sunlight Out
Window coverings, such as thermal curtains or shades and blackout curtains, can reduce the amount of sunlight that enters your home and keep it cooler during the hottest parts of the day. Keep curtains or blinds closed during the day, especially on windows that face south and west. You can also use insulated window film to keep heat from pouring into the house.

If one part of your house tends to get a lot of sun and there is nothing to block the sunlight, you can plant trees or bushes. Another option is to install awnings outside the windows.

Seal Up the House to Control Airflow
The average home has lots of small cracks and leaks around windows, door frames, skylights and other locations that let hot outdoor air in. Your utility company can perform a home energy audit to find leaks and give you advice on how to fix them to keep your house cooler. Doing so may also make you eligible for a discount on your electricity bills.

Hot air flows to an area with cooler air. If your home is poorly insulated, the interior can get hot in the summer and your air conditioner will struggle to keep up. Adding more insulation could keep your house cooler in the summer and keep your utility bills down.

If you don’t use certain rooms often, close the doors to keep cooler air in the parts of your home that are occupied. Open windows at night to let a cool breeze into the house.

Use Air Conditioners, Fans and Thermostats Wisely
If you use one or more window air-conditioner units, make sure they are appropriate for the areas they are cooling. Using a unit that is the wrong size can waste energy and cost you more for electricity. ENERGY STAR air conditioners save energy and are inexpensive to run.

Ceiling fans, if used correctly, can make a room feel cooler. Set ceiling fans so the blades rotate counterclockwise to circulate cool air close to the ground throughout the rest of the room. Turning on the bathroom fan when you take a shower and the kitchen fan when you cook can draw hot air out of the house.

Use a programmable thermostat to set your air conditioner to a lower temperature when your family is not home. You can program it to cool off the house shortly before you return home so it will be comfortable while you’re there, while avoiding wasting money to cool it when unoccupied.

Agents, want more tips like these to share with your existing and prospective clients? Check out our automated social media marketing platform, ACESocial.

The post 3 Ways to Cool Down Your Home This Summer appeared first on RISMedia.

Another Chance to Defend Independent Contractor Status

NAR Daily News Magazine - July 22, 2021 - 12:00am

As a Senate committee calls a hearing on the PRO Act, which faces steep resistance, NAR continues educating lawmakers.

Modest Uptick in Listings Buoys Sales

NAR Daily News Magazine - July 22, 2021 - 12:00am

Record-breaking home prices are starting to encourage more sellers off the fence. Get insights from NAR’s latest housing report.

 

Ransomware Attack May Put Some Closings in Jeopardy

NAR Daily News Magazine - July 22, 2021 - 12:00am

Cloudstar, one of the largest cloud-based services in title insurance, remains offline after a cyberattack last week.

 

Homeowners Are Renting Out Their Pools for Extra Cash

NAR Daily News Magazine - July 22, 2021 - 12:00am

One owner has hosted 2,700 guests in less than a year and expects to earn $111,000 by the end of the summer.

 

Study: Showings Plummet After First 5 Days on Market

NAR Daily News Magazine - July 22, 2021 - 12:00am

Listings experience “hyperactivity” when they debut, but the momentum wanes quickly, according to ShowingTime data.

 

Millennials Lead Charge to Revamp Aging Housing Stock

NAR Daily News Magazine - July 21, 2021 - 12:00am

Young homeowners ages 25 to 44 are most likely to renovate, infusing older homes with new design trends.

Boost in Construction Only Temporary?

NAR Daily News Magazine - July 21, 2021 - 12:00am

Housing starts increase as lumber prices drop, but rising costs for other materials continue to hold builders back from meeting buyer demand.

Cash Buyers Scoop Up a Third of Homes

NAR Daily News Magazine - July 21, 2021 - 12:00am

Many sellers who offload properties for large profits are using the proceeds to purchase a new house outright.

Luxury Sales Soar 81% Over Last Year

NAR Daily News Magazine - July 21, 2021 - 12:00am

It’s not just California that’s benefiting from high-end buying activity. Find out where homes listed above $1 million are flying off the market.

Small Markets See Exponential Home Price Growth

NAR Daily News Magazine - July 21, 2021 - 12:00am

Many of the top 10 towns for buyers in the second quarter have seen list prices jump 31% in a year.

Real Estate Q&A: Is Landlord Responsible if Renter’s Dog Bites Someone?

RisMedia Consumer News - July 20, 2021 - 5:00am

(TNS)—Q: We own a rental house and allow renters to bring their medium and small dogs. Who would be liable if a renter’s dog bites and injuries another visitor on our property, such as the landscaper or another guest on the property? — Anne

A: A landlord will usually not be liable if their tenant’s dog injures someone. However, there are exceptions to this general rule.

If you are aware your tenant has a dangerous animal and do not have it removed from the home, you could be held responsible if someone is injured. You could also be held liable if you are aware someone is breaking the lease and do not put a stop to it.

For example, you said your lease is for small and medium dogs, and you know that your tenant brought a large dog, and you do not do anything to enforce the restrictions. If this large dog bites someone, you could be on the hook.

If you help take care of the dog, such as taking him for a walk or feeding her when your tenant is at work, and the dog later attacks someone, you could be held liable.
This is another reason that every landlord should treat renting as a business and not become friends or get involved with their tenant’s life.

When renting to a tenant with a pet, screen the pet along with the prospective tenant. You should also require your tenant to get renters insurance that includes liability protection.

Finally, enforce the terms of your lease. Letting your tenant slide on the agreed rules can cause you to be held liable if something goes wrong.

Gary M. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida Bar. He practices real estate, business litigation and contract law from his office in Sunrise, Florida. He is the chairman of the Real Estate Section of the Broward County Bar Association and is a co-host of the weekly radio show Legal News and Review. He frequently consults on general real estate matters and trends in Florida with various companies across the nation. Send him questions online at www.sunsentinel.com/askpro or follow him on Twitter @GarySingerLaw.

©2021 South Florida Sun Sentinel
Distributed by Tribune Content Agency, LLC

The post Real Estate Q&A: Is Landlord Responsible if Renter’s Dog Bites Someone? appeared first on RISMedia.

How Vulnerable to Cyberattacks Are Commercial Buildings?

NAR Daily News Magazine - July 20, 2021 - 12:00am

Commonplace systems, such as HVAC, electrical, and parking, can be open doors for hackers. Experts offer advice on how to protect against breaches.

First-Timers Prepare to Buy Despite Bleak Market

NAR Daily News Magazine - July 20, 2021 - 12:00am

Many are saving for a down payment, creating a monthly budget, and working to improve their credit scores so they’re ready for purchase opportunities.

Study: Homes Get Larger While Lots Shrink

NAR Daily News Magazine - July 20, 2021 - 12:00am

A big backyard may be tougher to find. Find out which markets have the biggest and smallest yards.

Sellers Need Guidance on What to Renovate

NAR Daily News Magazine - July 20, 2021 - 12:00am

Nearly a third say they struggle to understand home improvement financing and which projects earn the most ROI.

How the Race to Space Could Impact Real Estate

NAR Daily News Magazine - July 20, 2021 - 12:00am

Aerospace hubs for billionaire projects such as Elon Musk’s SpaceX and Jeff Bezos’s Blue Origin could spawn job growth and drive up home prices.

These Outdoor Features Will Help You Sell Fast

RisMedia Consumer News - July 19, 2021 - 4:00am

The interior of homes is often in the limelight when it comes to considering what adds value to a property. However, you shouldn’t discount the exterior of a home. Outdoor features can prove just as valuable, giving you a boost in price when it comes time to sell.

Having a backyard filled with amenities, from a well-thought-out irrigation system to a fully equipped kitchen right outside, has quickly become a necessity for sellers to feature.

Smart Irrigation System
Not only is this a great selling feature, but it is also environmentally friendly. With many of today’s buyers coming from the millennial generation, highlighting something that is tech-friendly and sustainable is important. There are many options to choose from, such as a system that can be controlled via bluetooth, as well as some that are solar powered. Highlight this feature in your listing, including the environmental and financial benefits that come along with it.

Pet- and Kid-Friendly Spaces
Another great selling feature when it comes to your outdoor space is having one or more areas dedicated to pets and children. If you have a dog, for example, and have built a dog house in your yard, consider leaving it on the property and adding it to your listing. The same goes for swing sets, playhouses and treehouses. If a buyer has young children, these can be attractive features that can help your listing and your home to stand out from the competition.

Outdoor Kitchen
Of course, not every backyard features a fully equipped kitchen, but if you have one, be sure to highlight it. More people are spending time at home and crave an outdoor living space that checks all of their boxes. Rather than a grill and a simple patio set, today’s buyers are looking for outdoor features for entertainment and relaxation. And what is more relaxing than having everything you need right at your fingertips? Consider adding a small fridge, counter and storage space, a bar cart and even a pizza oven!

Privacy
For many buyers, privacy is a top priority. Whether you have large hedges or a tall fence around your property, be sure to point this out in your listing. For homes in a neighborhood where neighbors are close in proximity, this is especially important. If you do not have a fence or another form of privacy around your property, serious buyers may request this as part of their negotiation, so consider adding this feature before you list your home to avoid major costs later on.

Before putting your home up for sale, consider adding a few of these outdoor features that today’s buyers crave. If you already have one or all of these features, be sure to highlight them in not only your listing images, but the description as well. Talk to your real estate agent about how to best showcase these outdoor add-ons to ensure that your home sells fast!

Agents, want more tips like these to share with your existing and prospective clients? Check out our automated social media marketing platform, ACESocial.

The post These Outdoor Features Will Help You Sell Fast appeared first on RISMedia.

Oppler Op-ed: Compensation Model, MLS Are Pro-Consumer

NAR Daily News Magazine - July 19, 2021 - 12:00am

“Commissions for real estate agents and brokers are negotiable. Always have been. Always will be,” Oppler writes for RISMedia.

Biden Focuses on Tackling Inventory Crisis

NAR Daily News Magazine - July 19, 2021 - 12:00am

HUD officials meet with NAR as the president reiterates his commitment to housing as a cornerstone of his administration’s infrastructure push.

 
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