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Real estate remains a good investment, particularly for Syms clothing. The CEO of the store recently announced to its shareholders, that Syms Clothing earns more from real estate than from clothing
. The company had approximately $2 million in income from its real estate ventures, and yet only saw a little over $800,000 in profits from clothing sales. Despite that admission, the CEO insists that Syms is not a real estate investment trust (REIT).
What REALTORS owe Steve Jobs There are times to talk business. There are times to whine. And then there are times to simply pay our respects. With the passing of Steve Jobs yesterday, now is one of those times.As REALTORS, we tend to be in a hurry all of the time. We are dealing with this … [Read More...]
Curtis Reddehase, a real estate broker in Austin Texas recently wrote announcing his decision regarding Listing Syndication Attack of the 50 Foot Woman movie and why his brokerage will no longer be participating in that form of marketing. Several reasons were cited, but the 2 main reasons boiled down to: 1. He doesn’t want his [...]
.!. If the $8,000 first time home buyer has proven to bring reluctant first time buyers into the market then the recently proposed $15,000 tax credit to all buyers could be a game changer. The real estate market has been in the doldrums for the past few years and with the introduction of the first time [...]
According to a Press Release by Keller Williams, KW and CitiMortgage have entered into an agreement to provide mortgages with reduced fees and a $1,500 on time closing guarantee. While this is not the first agreement of its kind in the industry, it is part of a growing trend among franchises. “Our goal is to [...]
