Month: March 2018

Fatal Oversights on the Road to Closing

Most real estate agents spend the majority of their time preparing themselves and clients for closing. In the world of realtors, closing represents the finish line at the end of complicated race.  Unfortunately, there are certain things that can happen during your journey that make closing difficult or outright impossible. Acknowledging that fatal oversights on the road to closing exist will help you and your business prepare for eventualities that could severely impact your ability to get your[...]

Reasons Small Businesses Declare Bankruptcy

Toys R Us shocked millions of Americans by declaring bankruptcy and announcing that their locations in the United States would be closed. Some stores closed their doors immediately following the shocking announcement while others plan to close over the next two months.  Shoppers lining up to take advantage of store closing sales received an additional unpleasant surprise in the form of tangible evidence of another store’s, Claire’s, imminent closing. Entire sections of Claire’s products n[...]

How Common is Bankruptcy?

  Individual bankruptcy has long been viewed as a sign of defeat or financial failure, making those burdened by debt reluctant to file. As the news of large corporations like Toys R’ Us and Claire’s filing for bankruptcy relief dominates national headlines, average people are starting to reassess their decisions to forgo filing for chapter 7 or chapter 13 relief. The truth is that people file for bankruptcy on their own behalf or on behalf of their small business more often than many re[...]

Closing Day Walkthrough Tips

Once you have gotten a buyer through the difficult task of finding just the right home and guided him or her through the stressful process of qualifying for a loan, it might seem like the hard part is over. In reality, your work as a realtor will not end until after the last form is signed and the last check exchanged hands at closing. For that reason, preparing for closing day is one of the most import tasks of any real estate agent. Remembering these closing day walkthrough tips makes the big [...]

How Bitcoin May Impact Future Home Closings

Bitcoin and other forms of cryptocurrency have started changing the way some do business throughout Florida and the rest of the United States. Florida has created laws that clearly define what virtual currency is and has outlined the exact penalties for using cryptocurrency for money laundering. While these laws have started to create rules for the largely unregulated currency, as time goes on, realtors can expect to see an increase in real estate transactions that use cryptocurrency. In January[...]