Latest Real Estate Tools

Latest Real Estate Tools2024-01-01T17:25:11-05:00

Navigating the Home Inspector Licensing Landscape

In the world of real estate transactions, the role of a home inspector remains pivotal. Ensuring the safety, functionality, and overall integrity of residential buildings, home inspectors provide invaluable insights that influence buying decisions. Within New York State’s regulatory framework, understanding the licensure requirements for home inspectors is essential for both aspiring and practicing professionals. This comprehensive guide unpacks the frequently asked questions surrounding home inspector licensing in New York. Offering clarity and direction for those navigating this profession.

Who Needs a Home Inspector License?

In New York, any individual performing home inspections on residential buildings for compensation must acquire a license. This regulation ensures that only qualified, […]

April 15th, 2024|

Navigating the Real Estate Licensing Terrain in New York State

Understanding the ins and outs of real estate licensing in New York can be overwhelming. Considering the procedures involved and the constant updates in regulations and requirements. Regardless, having a clear, informative guide can make this process considerably simpler. Whether you’re an active real estate agent, an inactive broker, or simply want to verify the status of certain licenses. This guide aims to demystify the state of New York’s real estate licensure landscape and help navigating the Real Estate licensing terrain in New York State.

The Road to Checking Real Estate License Status

All New York real estate licenses are stored in a public, centrally located state database, called […]

April 10th, 2024|

A Fresh Perspective for Appraisers Amid the NAR Lawsuit

The ebb and flow of the real estate market are nothing short of fascinating. And those within the industry, appraisers, agents, and educators alike must be ever-vigilant to the changes that can reshuffle the deck of property valuation. The spotlight today is on the National Association of Realtors (NAR) lawsuit. A hot topic stirring a maelstrom of conversations, especially on how concessions might be handled moving forward. As a school that stands at the intersection of education and real-world application. Manfred Real Estate School takes a keen interest in dissecting these industry shifts.

The Heart of the Matter: Concessions and Appraisal Value

Traditionally, the commissions for the buying […]

April 5th, 2024|

How to Start a Home Inspection Business in New York

Embarking on a career as a home inspector in New York is not just about starting a business; it’s about forging a path that combines passion with profit, autonomy with accountability, and expertise with entrepreneurship. With the right training, mindset, and plan, you can establish a thriving home inspection business in the Empire State. This guide, utilizing information from the comprehensive ATI Home Inspector Training, walks you through the essential steps to becoming your own boss in this rewarding field and how to start a home inspection business in New York.

Step-by-Step Blueprint to Launching Your Home Inspection Career in NY

1. Understand the Requirements

The state of New York […]

April 1st, 2024|

Is Being A New York Real Estate Agent Worth It?

Embarking on a career as a real estate agent in New York presents a unique blend of challenges and opportunities. The vibrant city, renowned for its dynamic and diverse real estate landscape, offers a fertile ground for ambitious individuals. However, the path to becoming a successful agent in the city is fraught with fierce competition and market volatility. In such a competitive environment, the necessity of a solid educational foundation cannot be overstated. Manfred Real Estate School, with its comprehensive programs and the innovative Manfred Marketing Business Launcher, Real Estate Career-In-A-Box, emerges as a cornerstone for aspirants seeking to navigate New York’s real estate terrain successfully. While […]

March 28th, 2024|

Home Inspection Written Examination

For those embarking on the path to becoming a licensed home inspector in New York, 2024 promises a structured roadmap, leading to the prestigious designation. The New York Department of State has meticulously scheduled the Home Inspection Written Examination from January to June 2024, offering candidates a clear itinerary to licensure.

Registering for the Examination

The examination process is designed to be as inclusive and comprehensive as possible. Candidates have the flexibility of registering for the exam directly at the test center on the day of the exam. However, seating is limited, and with a first-come/first-served policy, promptness is of the essence. Arriving late may result in being […]

March 24th, 2024|

Elevate Your Real Estate Game with Manfred Marketing Business Launcher

In the high-stakes world of real estate, standing out from the competition is more than a goal—it’s a necessity. The stark reality is unforgiving: a staggering 87% of realtors exit the industry within their first few years, outpaced and outmaneuvered in a realm where only the fittest thrive. How about a real estate program that will set you apart from your competition? Sure the 77 hour Salesperson licensing course is required for the license but this is your business, why not treat it as such?

Enter Manfred Marketing Business Launcher—the game-changer for every real estate professional seeking the upper hand. It’s a robust CRM platform, and so […]

March 22nd, 2024|

Embracing Real Estate’s Future with Confidence

As someone on the verge of stepping into the dynamic and promising world of real estate. It’s only natural to feel a flutter of hesitation amid a choir of changing laws, soaring voices about commissions, and whispers of a market where buyers might sidestep agents to save on perceived undue costs. Change in any industry, especially one as integral to the fabric of society as real estate, often comes loaded with apprehension. Still, it sprouts opportunities just as much as challenges. Venture into this arena with your goals locked in sight, ready for a journey unlike any other. It’s all about embracing real estate’s future with confidence.

Understanding […]

March 20th, 2024|

The Evolving Language of Appraisal Reporting

The real estate appraisal industry, much like the rest of the world, is in a constant state of evolution. One of the less discussed, yet crucially important, aspects of this change pertains to the language of appraisal reporting. It’s essential for appraisers to refine their reporting language to meet the ever-stringent standards of objectivity and non-bias.

The language used in appraisal reports is a reflection of the appraiser’s knowledge, experience and professionalism. It’s also an important tool for communicating with clients, lenders and other stakeholders. As such, it’s important to understand how the language of appraisal reports has evolved over time and what appraisers can do to ensure […]

March 16th, 2024|

Annual Parapet Inspections Started in 2024

New York City is known for its striking architecture, diverse neighborhoods, and swift pace of daily life. But what truly keeps the city pulsing are the standards upheld to ensure the safety and integrity of the buildings that are part of NYC’s architectural grid. An important and recent update in this regard is the upcoming enforcement of annual parapet inspections. New Mandate: Annual Parapet Inspections started in 2024.

From January 1, 2024, all building parapets within NYC that face the public right-of-way must undergo an annual inspection. This mandate aims to preserve the city’s architectural integrity while safeguarding NYC residents and visitors.

Who falls under this new requirement?

The […]

March 12th, 2024|

Adapting to Remote Real Estate Transactions

As technological advancements continue to reshape real estate industry norms. The traditional concept of in-person closings has given way to efficient and secure virtual alternatives. Embracing this shift enhances convenience for buyers and sellers and underscores the importance of staying abreast of digital trends. Remote real estate transactions necessitate a meticulous approach that prioritizes efficiency and security. Every aspect requires careful consideration, from digital document management to secure communication channels. By leveraging innovative tools and practices, professionals can seamlessly navigate the complexities of virtual closings. Ensuring a smooth and successful experience for all parties involved.

Digital Document Management: Streamlining Efficiency and Security

Digital document management revolutionizes […]

March 8th, 2024|

5 Steps to Become a NY Home Inspector in 2024

Become a NY Home Inspector in 2024. A land where knowledge, curiosity, and a desire to help others converge. If, like many adventurers before you, you’re setting your sights on the Empire State. You’re in for a journey full of rewards and tribulations alike. Becoming a NY home inspector not only offers you a versatile career path. But it also provides a chance to safeguard the dreams of countless future homeowners. Let’s navigate this exciting journey together in five comprehensive steps.

Step 1: Understand the Role and Its Requirements

Before embarking on any expedition, it’s essential to consider the path ahead. Home inspectors are the custodians of home safety. […]

February 29th, 2024|

2024 USPAP: Nondiscrimination Enhancements to the ETHICS RULE

The Uniform Standards of Professional Appraisal Practice, 2024 USPAP have tirelessly formulated and enforced the ethical and performance mandates for US appraisers over the years. Amidst rising concerns over the ambiguous language perceived to facilitate discrimination. The Appraisal Standards Board (ASB) has taken decisive steps to rectify this. This blog post offers a detailed examination of the revised ETHICS RULE, specifically the Nondiscrimination section, and outlines its implications for the 2024 USPAP

The Revised Nondiscrimination of the ETHICS RULE

Recent years have shed light on the alleged discriminatory practices in appraisals. Propelling the ASB to meticulously modify the ETHICS RULE to unambiguously prohibit such conduct. This revision has primarily […]

February 21st, 2024|

Your Home Inspection Business: A Guide to Protect Your Livelihood

Your home inspection business can be as rewarding as it is challenging. As a hands-on venture, it is accompanied by its share of risks and liabilities. One potent way to safeguard your business against these unforeseen perils is to arm yourself with a robust insurance policy. In particular, the lack of Liability and Errors & Omissions (E&O) insurance can be a dangerous gamble that could cost your home inspection business dearly.

The purpose of this guide is to help you understand the importance of Liability and E&O insurance, as well as how to find the right coverage for your home inspection business. We’ll also provide some tips on […]

February 17th, 2024|

Unpacking the NYS Internet Advertising Regulations for Real Estate

A significant shift in the real estate landscape has resulted from the New York State Department of State’s recent move to adopt new advertising regulations for Real Estate. The regulatory changes primarily target real estate brokers who use lead generation platforms such as Zillow, Trulia, StreetEasy, among others. The main focus is to ensure enhanced clarity in disclosures, especially for those advertising on these popular property-search platforms. Overall. lets begin by unpacking the new NYS internet advertising regulations for Real Estate.

Key Definitions

Before delving into the regulations themselves, it is crucial to understand the jargon associated with them.

  1. Advertising and Advertisement refer to any promotion or solicitation tied […]
February 13th, 2024|

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