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From property to culture to foreign direct investment, Liverpool is showing other UK cities how it’s done

Liverpool leading UK cities with house price inflation of 7.5% (Hometrack)Liverpool-Manchester metropolitan area among top 10 global FDI destinations (IBM)Population boom creating long-term, sustainable property investment opportunities (Surrenden Invest)

Liverpool has just hit the headlines for leading the UK’s cities in terms of its house price growth. The Hometrack UK Cities House Price Index reported 7.5% inflation in Liverpool during the year to August 2018. For those working in the Liverpool property sector, the news comes as no surprise.

“Liverpool has exceptionally strong credentials as a property investment destination. It has a booming city centre population, a thriving business community and a superb cultural offering. This combines to produce a high and sustained level of demand for decent, well-located rental homes, which in turn means that property investors can earn healthy yields, as well as enjoying the potential for impressive capital growth.”

 Jonathan Stephens, MD, Surrenden Invest

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Keller Williams agents fired from local brokerage over Alexa skill

Two Keller Williams agents who co-founded a separate startup company that offers an Amazon Alexa lead generation program called "My Home Agent" were abruptly fired by their Southern California franchise last week due to internal conflict surrounding their product.

Original author: Patrick Kearns
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Rising interest rates cost homeowners an extra $1,416 per year

According to Zillow's latest report, the hike in rates has led the monthly mortgage payment for a median-priced home to increase 15.6 percent since August 2017, which breaks down to an extra $118 per month or $1,416 per year.

Original author: Marian McPherson
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Ethics, injuries, disclosures and more: 8 ways not to get sued

Agents should train for these eight common missteps that can get them in trouble and even land them in court.

Original author: Nicole Solari
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Agent/broker perspective: When is a real estate office too ‘top heavy’?

A top Miami brokerage is hiring new staff and executives to manage a transition, but some agents feel that the firm has become too "top heavy," with little insight being sought from successful agents. How can the broker balance these concerns?

Original author: Anthony Askowitz
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How to make sure your clients never ever call another agent

It can take years for real estate agents to build a solid client base, so it's important to do what you can to keep your past clients loyal. Here's how to stay top-of-mind with your clients and be their agent for life.

Original author: Dorothy Schrager
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Two Senate Dems call for investigation into money laundering in luxury real estate

Senators Chris Van Hollen (D-Md.) and Sheldon Whitehouse (D-R.I.) have called on the Government Accountability Office to study whether vulnerabilities in anti-money laundering laws applicable to the real estate sector present increased risk of criminal activity.

The senators’ announcement noted that there has been widespread reporting on potential criminal activity in the real estate market, including between the Trump Organization and Russia.

In a letter to Comptroller General Gene Dodaro, the senators expressed concerns that transnational criminal organizations and other corrupt actors may be exploiting the gaps in US regulatory and law enforcement processes related to the laundering of money through the US real estate market.

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Luxury Connect: Learn the secrets of success from top real estate pros

This fall we’re looking at the state of the luxury agent & broker in today’s increasingly complex real estate market. In October, we’ll gather in Beverly Hills at Luxury Connect to share best practices, network, and create blueprint for the luxury agent/broker of tomorrow. Don’t miss it.

If you had the opportunity to sit down with some of the best in the luxury real estate business, what would you ask them? Would you get Peter Lorimer to explain his real estate video strategy, or ask Jennifer Berman to explain how she builds luxury teams that capture incredible market share?

 

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Global luxury real estate brand takes Mercer Island by storm

With its ups and downs often tied to outside forces in the economy, the real estate market can be a rather stressful place to invest for some.

Sam Chapin, a broker with the Gottesman Chapin Group, part of Engel & Volkers Seattle Eastside, says the frenzied scenario that can ensue when supply is low and demand is high can leave buyers anxious and sellers more in control.

“Sellers and brokers alike were all reading the same news articles and watching homes and properties fly off the market with multiple bids,” he says. “Even if it doesn’t sell in a bidding war, it sells for asking. I think buyers said ‘enough already,’ we’re not going to flip out every time a house comes on the market.’”

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Brooklyn's luxury market saw an uptick in activity for the second week in a row

Brooklyn’s luxury market saw an uptick in activity for the second week in a row

Contracts were worth about $50M overall

From left: 14 Garden Place and 200 Hicks Street (Credit: Brown Harris Stevens and CityRealty)

Activity increased in the Brooklyn luxury market for the second week in a row last week with 15 contracts signed in the borough, split between nine houses, five condos and one co-op.

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