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Samantha Marie Kozlowski sold property at 2924 Willett Road to My Place Realestate LLC for $47,000. Jefferson Hills. Mark Colarusso trustee sold …

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The real estate industry, struggling with coronavirus-linked limitations, got a boost with its sales business reclassified as an “essential” industry, says …

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10 accepted offers. Stefanie Lacoff is a licensed real estate agent with Berkshire Hathaway Home Services New England Properties in Greenwich, CT.

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California real estate market unclear after new restrictions during coronavirus pandemic. There have been 630 listings taken off the market or on hold …

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Mariani retired with the Titans in 2016 and got into the real estate business just a few months after that, eventually opening up 'Sold by Mariani' with …

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Sheltering in Place? Keep Your Business Humming with…

As more companies invoke telecommuting policies during the coronavirus crisis, the home office may be growing in importance.

3 Easy Home Improvement Tips that Create Instant Appeal

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https://realtybiznews.com/3-easy-home-improvement-tips-that-create-instant-appeal/98758138/

Whether you’re looking to instill your personality in a new house, trying to reinvigorate your love for a familiar home, or hoping to boost your home’s value before selling, there are plenty of simple improvements you can make to accomplish all three. Before you start making improvements, though, you might consider applying for your first home warranty. A home warranty company can provide you with a plan that protects your appliances and HVAC systems. These warranties aren’t the same as having homeowner’s insurance, but they can save you from too much worry if your air conditioning, water heater, or other systems break down. A home warranty can even increase your resale value if it’s still in effect.

Naturally, you’ll need more than that to create more appeal for your home. Here are just a few simple things that can make a big difference.

Hang Tasteful Wall Art

When it comes to interior design, most people consider things like furniture, spacing, and paint colors, but wall art is an often under-appreciated aspect. Your wall art shouldn’t be an afterthought when designing a room. In fact, some interior designers would argue it’s the most important element since it can give you an immediate color palette and an easy jumping-off point for the rest of the room.

Arguably the best thing about wall art is that you have so many creative options to choose from. Even with canvas prints, you can choose between original artwork, photographs, artwork you buy online, and more. Canvas prints are often cheap, and they can be made of museum-quality materials to lend your home an air of sophistication. Wall art can be made of just about anything, and the only real limit is your imagination. There are plenty of unique ideas online you can use for inspiration.

Become Environmentally Friendly

Environmental consciousness is becoming more popular both because of desires to lower homeowner’s negative environmental impacts and to save on electric bills. An older appliance isn’t just prone to breakage or malfunction that could result in a service request. It also tends to use more electricity, and older dishwashers and washing machines use more water than modern counterparts. This is one of the main reasons many older homes could use updated appliances. You can cover new ones with your home warranty, avoid using as much energy, increase your resale value, and significantly reduce your carbon footprint.

If you really want to go all out, you could even consider installing residential solar panels. The average residential solar system in the United States consists of 20 solar panels. A solar install could put you ahead of the curve when it comes to renewable resources, and solar power is free. Consult a service provider to see if a solar system is right for your home.

Boost Your Curb Appeal

People often think about keeping the inside of their home looking nice, but it’s just as important to take care of the outside. This is especially true if you’re planning on selling your home. Curb appeal basically refers to the attractiveness of your home from a street view. It’s the first impression others get from your home, and it could be the last if you aren’t taking care of it.

Some basic ways to increase curb appeal are to get rid of any clutter in your yard, clean your driveway, and make sure you’re keeping up with your yard work. Beyond these basics, it’s a good idea to pressure wash the outside of your house. The siding can build up mildew and other grime, which is not only unsightly but can also damage your home. Even something as simple as repainting your front door can make your home appear more inviting.

The post 3 Easy Home Improvement Tips that Create Instant Appeal appeared first on RealtyBizNews: Real Estate News.

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Sheltering in Place? Keep Your Business Humming with…

As more companies invoke telecommuting policies during the coronavirus crisis, the home office may be growing in importance.

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“At this trying moment in time, as we navigate the realities of living through a pandemic, these tools are critical to considering potential properties when it …

Kevin Hobbs, Toronto executive, comments: intersection of real estate and blockchain tech

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https://realtybiznews.com/kevin-hobbs-toronto-executive-comments-intersection-of-real-estate-and-blockchain-tech/98758111/

You’d be hard-pressed to find an industry that has not been influenced by technology. Cryptocurrencies have made a strong impact on payments, ICOs are challenging stock investing and even real estate is being disrupted by the use of blockchain technology.

From the way property owners receive rent payments to the way blockchain can provide an incontrovertible chain of ownership visible in the public domain, blockchain makes it much more difficult to copy, change or tamper with digital information.

“Blockchain can facilitate the investment and sale of real estate to create additional transparency, security and liquidity in the market,” explains Jeffrey Bergman of Camber Creek.  

Indeed, the days where real estate transactions are closed in person may gradually be replaced by the introduction of smart contracts in blockchain platforms.  According to Inc.com, “if decentralized databases and distributed ledgers were to become mainstream it could dramatically reduce the potential for fraud and enable us to access much more data on individual properties and homeowners.”

Tech executive Kevin Hobbs explains further, saying, “Literally everything can be tokenized, including ownership interests in real estate property.”  

For example, leasehold interest in real estate property can be tokenized by implementing time-stamped records such as deeds and parcel numbers, and surveys can be embedded into tokens so that chains of title are secure and records are readily available. Furthermore, tokens can be programmed to automatically generate deeds upon a real estate transfer between two parties, and tokens can be transferred 24/7, circumventing closing costs.

“If you have taken out a mortgage before, you are probably aware of what a tedious process it can be. The average mortgage application is hundreds of pages long and there are so many steps involved in taking out a loan,” adds Kevin Hobbs

Hobbs goes on to explain, “With a long list of middlemen such as realtors, lawyers, and bankers involved in every loan, the mortgage industry also has a strong potential for blockchain disruption.”

The rating agency Moody’s, for example, estimates that up to $1 billion of annual cost-savings are possible by implementing blockchain-based mortgage applications. The technology will result in buyers and sellers getting more out of their money as they save on commissions and fees charged by those middlemen. It can also make the process much quicker. 

Traditionally it has been difficult for real estate companies to verify all important property details before leasing.  By making it possible to store all building data, such as repair records or floor plans in a digital and secure place, blockchain makes it easier for buyers to do research on property details. 

Some real estate professionals are worried that tech disruption will end their professional roles as agents, brokers and other titles in the space.  However, even with the support of growing trends, it is unlikely that “do it yourself” real estate transactions will eradicate these roles. The truth is, embracing blockchain and other new technologies can unlock untapped real estate investment opportunities.  In fact, there could be new offerings that take place once blockchain is in place.  

Vanessa Saunders, CEO of Global Property Systems, has already adopted blockchain and notes, “Blockchain and cryptocurrency are ushering in an era of widespread transformational change and it behooves us all to better understand it.” 

It’s hard to predict what the real estate landscape will look like five or ten years from now, but it is possible that all buildings, transactions and everything in between will be managed based on data and technology.  In simplifying the real estate industry with smart contracts and blockchain technology, it could very well profit in ways it never has before.

The post Kevin Hobbs, Toronto executive, comments: intersection of real estate and blockchain tech appeared first on RealtyBizNews: Real Estate News.