Burt M. Polson, CCIM, is a real estate broker with ACRES Real Estate Services Inc. helping clients sell, buy and lease real estate. Reach him at 707-254-8000, email@example.com or BurtPolson.com.
The Multiple Listing Service (MLS) appears to be in a constant state of change. Fortunately, the changes are mostly positive as they strive to meet the needs of the broker and consumer.
My prayers are with those who have lost family members, homes, businesses and belongings during our recent wildfires.
I find myself confronted with a classic example as described in my recent two-part article, “The maintenance money pit.”
In the 1986 comedy “The Money Pit,” Tom Hanks and Shelley Long play a young couple who just bought their first home paying an unbelievably low price for a beautiful mansion.
California will soon be another state legalizing the recreational use of marijuana. No one seems to know the full effects of the new law and to many of us feels like one huge quasi-experiment on the population of the state.
There has been an accelerated impact of technology on our lives that is hard not to notice. As we continue to embrace new technology, it will affect our lives in ways we never imagined.
Do not get ahead of your emotions. Watching those house-flipping shows, hearing the real estate gurus tell you about how many millions they make and counting the success stories of other investors is far from reality in the real estate investment world.
Did you know you can realize many of the benefits of owning investment real estate in a syndication without ever screening a tenant, repairing a leaky roof or collecting rent?
Gone are the four basic sectors of commercial real estate: retail, office, industrial and multi-family. They are still very much a part of many portfolios, but the investor and broker will need to consider several new categories.
Selling and buying real estate has changed more in the last five years than in the last 25. Long gone is the one-page carbon purchase agreement my grandfather used or the MLS listing book brokers kept close in hand.
It can be tempting to sell your commercial investment—especially when we are told it is a seller’s market. We may feel an urgency to place our commercial property on the market—reaching for the best possible price.
Whether you are a seller, buyer or broker, hearing the words “closing escrow” from an escrow officer are words of beauty that conjure up feelings of rainbows, puppy dogs and unicorns.
I am going to wrap up my three-part series on the five compelling ways real estate can make you wealthy by taking a final look at Pete’s case study.
The Napa Valley is a great location to vacation as well as to have your company retreat. Many of the quintessential luxury estates throughout the Napa Valley are vacation homes or company-owned retreats.
News of the lead-tainted water supply in Flint, Michigan, poured over the nation. With lead levels five times higher than the level of concern for safe drinking, residents are looking at who to blame.
The news was out last week that Hugh Hefner’s Playboy mansion was put up for sale for $200 million. The price is a reach, according to local Los Angeles brokers, as the value is in the land at a third of the price.
Being a real estate broker and a member of the California Association of Realtors, I receive year-end updates of new laws for the coming year in California. It is good for us to know what to expect and how our legislators are best representing our interests.
There are many aspects to consider when renting out a room in your home before posting your vacancy on Airbnb, VRBO or Craigslist. Protect yourself by knowing the local ordinances and laws governing your area.
An attorney friend approached me and said, “I have a great topic for your next article. With the city approving short-term hosted rentals, people need to know what they are getting into.”
Subdividing land is the essence of the real estate ownership system we are secure in today. Value, wealth and opportunity of land use are rooted in land development.
My teenagers are great kids … most of the time. But every now and then I hear of a landlord who is acting like a teenager — pestering, retaliating or being unresponsive to their tenants.
In my previous column I wrote about John and Martha’s desire in retirement to refocus their energies from managing their large home and investment real estate.
John and Martha reached a new milestone and are well set in their retirement. They made the right decisions at the right time living comfortably in their large estate home while owning several investment properties.
You try to save a few bucks, which is what gets you in trouble in the first place. You consider taking care of it yourself, but just don’t have the tools or knowledge. The clock is ticking and you need to make a decision.
Prepare yourself for the second half of a seldom seen look inside a lease deal as it is occurring. In my need to uphold the privacy of my clients and my fiduciary duty as their broker, the specific terms have been changed.
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