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Charlie Bengel, Jr.: A Top-Producing, Community-Centric Culture

USA Real Estate News-RISMedia - 10 hours 36 min ago

With a new president in the White House this year, Charlie Bengel, Jr., CEO of RE/MAX Allegiance, serving the immediate D.C. metro market, admits that there are concerns about decisions that may impact proposed cuts to some federal agencies.

“We’re waiting to see what actually comes of some of the proposals, but, as a business leader in the D.C. metro area, I realize that we need to continue to work to reduce the need for the federal government to be the primary driver of the area economy,” says Bengel. “Like most parts of the country, we have some issues with low inventory. All of the years of builders producing lower-than-normal units continues to catch up to us, and, in most of our markets, housing that’s priced right and shows well is selling very quickly.”

Still, all of the markets in which RE/MAX Allegiance has a presence have shown increases in 2017 so far, thanks to an improved economy, favorable interest rates and millennials entering the market.

“Our top-producing and community-centric culture are unique,” says Bengel. “Our average associate made $150,000 in 2016, and the company, along with our staff and associates, donate nearly $100,000 to Children’s Miracle Network annually. We also have a very robust agent development program that includes planning, training, accountability and coaching.”

The firm is always looking for acquisition opportunities in the Mid-Atlantic region, boasting a robust recruiting program that targets not only experienced agents, but new agents that have a business background, or those who are very driven and coachable.

“Our mission is to provide associates with the necessary tools to create the time and money to live an abundant life. We provide everything needed to be a top producer,” says Bengel, “and tell our agents that if they bring the willingness, we’ll provide the necessary training. We’re really pushing goals, plans and accountability this year, as well.”

One way the firm does this is by offering associates cutting-edge training that encompasses generational selling.

“We were one of the first companies in the D.C. area to offer RealScout to our associates, and we’ve found that this product allows for a better alternative to the MLS property alert system,” says Bengel. “We’re constantly surveying our associates and implementing training and programs they feel are needed to succeed.”

Bengel is optimistic about the rest of the year, expecting growth to continue at RE/MAX Allegiance both in agent count and new offices.

“I expect some brokers to retire, opening up some acquisition opportunities,” says Bengel. “With it being a good market overall, I believe there are recruiting opportunities, especially with newer agents. That will help us continue to grow.”

Vitals: RE/MAX Allegiance
Years in Business
: 39
Size: 16 offices, 380 agents
Regions Served: D.C. metro (D.C., Md., Va.); Hampton Roads (Norfolk, Chesapeake, Virginia Beach)
2016 Sales Volume: $2,044,224,066
2016 Transactions: 4,773
www.myallegiancehome.com

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The post Charlie Bengel, Jr.: A Top-Producing, Community-Centric Culture appeared first on RISMedia.

New-Home Sales Reverse Course in May

USA Real Estate News-RISMedia - 10 hours 37 min ago

New-home sales reversed course in May, with sales of new, single-family homes up 2.9 percent to 610,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $406,400, while the median was $345,800. New-home listing inventory was 268,000—5.3 months supply.

“We are seeing solid growth in new-home sales this year,” said Granger MacDonald, chairman of the National Association of Home Builders (NAHB), in a statement on the data. “Sales are up more than 12 percent from this time last year, and we expect continued gains throughout 2017.”

“This month’s report is in line with our forecast, and consistent with solid builder confidence readings,” said Robert Dietz, chief economist at the NAHB. “With more consumers entering the market, further job growth and tight existing-home inventory, the new-home sector should continue to expand.”

Source: U.S. Census Bureau

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The post New-Home Sales Reverse Course in May appeared first on RISMedia.

Personnel file for June 25 - The Sun Herald

USA Real Estate News - 17 hours 40 min ago

The Sun Herald

Personnel file for June 25
The Sun Herald
Leanne Murray, FNP-C, will join the Hancock Women's Center as a family nurse practitioner. She is board certified by the American Academy of Nurse Practitioners and licensed by the State of Mississippi to provide family-centered healthcare. She ...

As cities look to get greener, lower-income residents fear gentrification - USA TODAY

USA Real Estate News - 17 hours 41 min ago

USA TODAY

As cities look to get greener, lower-income residents fear gentrification
USA TODAY
The 606 has had more modest impact on the already-gentrified neighborhoods on its eastern edge, but real estate prices on the once affordable western side have skyrocketed by 48.2% since ground was broken on the trail in 2013 and by 9.4% during the ...

Names & Faces: June 25 - Seacoastonline.com

USA Real Estate News - 20 hours 47 min ago

Seacoastonline.com

Names & Faces: June 25
Seacoastonline.com
The firm was ranked second tier in labor and employment and real estate. Among McLane Middleton attorneys recognized in Chambers USA were: Steven M. Burke, Patrick C. Closson, Bruce W. Felmly, Wilbur A. Glahn III, John E. Hughes, Linda S. Johnson, ...

Albert's world: Living with autism - Aljazeera.com

USA Real Estate News - 21 hours 24 min ago

Aljazeera.com

Albert's world: Living with autism
Aljazeera.com
It puts a strain on your marriage [and] it strains you yourself." Lorraine received her real estate broker's licence last month. It's a feat she's proud of, and one she says took seven months of studying and test-taking, which would have been out of ...

Jenny Simpson Wins Fourth 1500m National Title, Grace And Vaughn Make Team - FloTrack

USA Real Estate News - Sat, 2017-06-24 17:39

FloTrack

Jenny Simpson Wins Fourth 1500m National Title, Grace And Vaughn Make Team
FloTrack
Sacramento, Calif. -- The Olympic bronze medalist and world champion raced as such on Saturday at the USATF Outdoor Championships. Jenny Simpson won her fourth consecutive national title in the 1500m with a powerful homestretch run to win the race ...

and more »

The week in industry hires and promotions: June 19-23, 2017

USA Real Estate News-Inman - Sat, 2017-06-24 05:00
Who got hired or promoted this week? Here's our weekly rundown, in chronological order ...

The week in real estate industry deals: June 19-23, 2017

USA Real Estate News-Inman - Sat, 2017-06-24 04:30
While real estate agents chase leads and close deals on houses, there's another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We'll be recapping every week's noteworthy deals that didn't make it into print (and some that did) for your perusal. Here are this week's ...

Real estate market recap, June 19-23, 2017

USA Real Estate News-Inman - Sat, 2017-06-24 04:00
Here's what happened this week in the real estate market ...

The Most Expensive Home in Hawaii Is for Sale

USA Real Estate News-RISMedia - Fri, 2017-06-23 23:03

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com:

Looking for a home with some serious bragging rights? How about the most expensive home in Hawaii? Located within the Aloha State on the Island of Kauai, this North Shore estate is priced at a jaw-dropping $70 million. Listed by Neal Norman of Hawaii Life, the home is comprised of four Balinese-inspired pavilions roosting just above a secret beach. Also included are epic views of the Pacific Ocean, a main house, two guest houses and a caretaker’s residence.

Altogether, the compound totals six bedrooms and nine bathrooms over 15 sprawling acres decked out with an exotic fruit farm. If you get bored of swimming in the ocean, you can splash around in a 1,600-square-foot infinity pool or bubble it up in the Jacuzzi. Only five minutes from the town of Kilauea and 15 minutes from Hanalei Bay, this paradise property offers both seclusion and community.

Listed by: Neal Norman, Hawaii Life
Listed for: $70 million

Zoe Eisenberg is RISMedia’s senior content editor. Email her your real estate news ideas at zoe@rismedia.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post The Most Expensive Home in Hawaii Is for Sale appeared first on RISMedia.

Survey: Mortgage Borrowers Want Best of Both

USA Real Estate News-RISMedia - Fri, 2017-06-23 23:02

Sixty percent of consumers recently surveyed by the American Bankers Association (ABA) prefer to apply for a mortgage in person, despite the existence of technology that eliminates the need for human interaction. Just 17 percent prefer to apply for a mortgage online. Only 34 percent consider their knowledge of the mortgage process “above average” or “excellent.”

“Banks invest billions of dollars to offer their customers the latest technology,” says Bob Davis, executive vice president of Mortgage Markets, Financial Management and Public Policy at the ABA, “but at the end of the day, nothing compares to sitting across the table, face-to-face with a banker when you’re making the single most important investment of your life.”

Technology is warranted, however, when making mortgage payments, according to the findings of the survey. Sixty-one percent of consumers surveyed consider online services “very” or “somewhat” important.

“It’s no surprise that consumers want both technology and the in-person customer service they’ve become accustomed to,” Davis says.

The results of the survey affirm recent research that shows that while mortgage borrowers appreciate the options technology offers, they do not believe it is a substitute for the expertise of a real-life professional.

Source: American Bankers Association (ABA)

For the latest real estate news and trends, bookmark RISMedia.com.

The post Survey: Mortgage Borrowers Want Best of Both appeared first on RISMedia.

Going once, going twice: How much would you spend to live like the Underwoods?

USA Real Estate News-Inman - Fri, 2017-06-23 16:59
The famous "House of Cards" home will be up for auction on July 27 with Alex Cooper Auctioneers with a deposit of $25,000 and a starting bid of $500, ...

Zillow mania: $1.7B value boost, 27K haters

USA Real Estate News-Inman - Fri, 2017-06-23 16:41
Though it feels like a lifetime of cacophony, today marks the one-month anniversary of Zillow’s controversial Instant Offers program, which connects homesellers with investor bids alongside CMAs from participating Zillow Premier Agents (ZPAs). What have we learned ...

Bob Goldberg named next CEO of the National Association of Realtors

USA Real Estate News-Inman - Fri, 2017-06-23 16:41
Bob Goldberg has just been named the next CEO of the National Association of Realtors ...

Real-estate transactions: June 23, 2017 - Peoria Journal Star

USA Real Estate News - Fri, 2017-06-23 16:05

Real-estate transactions: June 23, 2017
Peoria Journal Star
515 E. Fast Ave., Mackinaw, HSBC Bank USA National Association to Brand of Brothers LLC, $90,170. 117 Greenlawn Court, East Peoria, Amerideal Real Estate Investments LLC to Jennifer Behrll, $93,000. 207 E. Second St., Mackinaw, Joseph A. and Joan ...

Are Your Assets Diversified with Your Taxes in Mind? - Cape May County Herald

USA Real Estate News - Fri, 2017-06-23 14:29

Are Your Assets Diversified with Your Taxes in Mind?
Cape May County Herald
We know we can't control the stock market, income tax brackets or estate tax rates. So, what ... *John Oxley is an investment adviser representative of, and advisory services are offered through, USA Financial Securities Corp., a registered investment ...

How much? Broome and Tioga real estate transactions - Press & Sun-Bulletin

USA Real Estate News - Fri, 2017-06-23 13:18

Press & Sun-Bulletin

How much? Broome and Tioga real estate transactions
Press & Sun-Bulletin
Kimberly Coury (fka Repchak) sold 1808 Jenkins St. to Ryan Cuddihe for $93,000 April 7. David Kapur (referee) sold 203 Union St. E to HSBC Bank USA, National Assoc. (trustee) for $87,184 April 7. Paul Pool (referee) sold 10 Liberty Ave S to U.S. Bank ...

Becoming the real estate referral matchmaker in your area: A guide

USA Real Estate News-Inman - Fri, 2017-06-23 13:13
DENVER --"I don't talk about real estate very much at all, but I do generate a lot of business from the internet," Marguerite Giguere said today at the Real Estate Webmasters Summit. How ...

Bungalow, Cottage or Colonial? The agent’s architectural house styles cheat sheet (part 2)

USA Real Estate News-Inman - Fri, 2017-06-23 13:00
Ranch, Craftsman, Cape Cod, Shotgun, Tudor, Victorian, Art Deco, Mediterranean and Contemporary -- they are all featured in part one of the agent's architectural house styles cheat sheet. But there are a number of other designs that are equally popular, as one reader reminded everyone with her comment: "What? No Colonial?!" Here's how to identify some of the more well-known -- and a couple rare -- home architectural styles ...
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Ocala FL Real Estate News Reports

  • Personnel file for June 25 - The Sun Herald 17 hours 40 min old

    The Sun HeraldPersonnel file for June 25The Sun HeraldLeanne Murray, FNP-C, will join the Hancock Women's Center as a family nurse practitioner. She is board certified by the American Academy of N...urse Practitioners and licensed by the State of Mississippi to provide family-centered healthcare. She ...

  • As cities look to get greener, lower-income residents fear gentrification - USA TODAY 17 hours 41 min old

    USA TODAYAs cities look to get greener, lower-income residents fear gentrificationUSA TODAYThe 606 has had more modest impact on the already-gentrified neighborhoods on its eastern edge, but real esta...te prices on the once affordable western side have skyrocketed by 48.2% since ground was broken on the trail in 2013 and by 9.4% during the ...

  • Names & Faces: June 25 - Seacoastonline.com 20 hours 47 min old

    Seacoastonline.comNames & Faces: June 25Seacoastonline.comThe firm was ranked second tier in labor and employment and real estate. Among McLane Middleton attorneys recognized in Chambers USA were:... Steven M. Burke, Patrick C. Closson, Bruce W. Felmly, Wilbur A. Glahn III, John E. Hughes, Linda S. Johnson, ...

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