If you are a real estate business owner or landlord, then you must have thought if your business really needs a property manager. When you are just starting a new real estate business, you may cut costs and save up by acting as your own property manager. But property management is an expert task tha...
By Assetsoft 3
Typically, changes in market conditions, such as a pandemic-induced economic downturn, would be reflected in the assessed value of properties, which could lead to a decrease in property taxes for some owners.
However, with the delay in reassessment, some property owners may continue to pa...
The real estate industry has been one of the slowest to adapt to new technology to automate work and get in sync with the digital age. One of the biggest reasons why real estate has been slow to adopt new tech is they have been very successful without it for ages. Once the real estate was all about ...
If you feel that your property tax assessment is too high, you have the right to appeal it. And remember, you are not alone, more than 60% of properties in the USA are said to be over-assessed for tax purposes alone. However, to win your appeal, you will need to provide strong evidence to support yo...
By Assetsoft 3
Property taxes are one of the major expenses of owning a property. They are calculated based on the value of your property and are used to fund local services such as schools, parks, and public safety. As a property owner, it is important to understand what factors can affect the value of your prope...
Historically, the real estate industry has been a male-dominated market. Be it in the USA, Canada, or across the globe. The trends have always been similar. According to shocking historical records, single women were not allowed to get a bank mortgage till the 1970s in the USA. They needed the permi...
Property technology is a very new concept for many real estate businesses. Even with the advancement of the digital age, many real estate companies are yet to update their business processes. Why did this happen? Real estate has always been an industry that believed in direct human communication and...
By Assetsoft 3
Robotic Process Automation (RPA) is truly reinventing the way people run their businesses, and real estate is not very far behind in catching up with this trend. Commercial Real Estate especially can benefit a lot from RPA applications and bots integrated into their office systems. Why? The massive ...
The pandemic had an impact on all industries, no matter what. The hospitality industry took one of the most significant blows among them; with innumerable restrictions on human movement and economic conditions suffering immensely, travel has become a luxury for almost two years since 2020.
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