Transaction Series Why Appraisals are Different on Same Property? Reviewed by Stephen Lee with CRI Property Value - Market Value - Market Price Price Estimation - Zillow - NARRPR.COM - Agent’s CMA : Comparable(s) via Adjustments Tax Ratio Method - Appraisal by Appraiser One of the most frustrating...
Home Maintenance Series Hot Water Tank Presented by Stephen Lee with CRI Water Tanks at Home -(Gas) Hot Water Tank -(Electric) Hot Water Tank -Tankless Hot Water System (Gas) Hot Water Tank Assembly Typical Life Span & Costs Gas(Electric)...
Home Maintenance Series Different Kinds of Home Siding Presented by Stephen Lee with CRI Vinyl Siding Wood Siding -Brick Siding -Brick Veneer Siding Stone Venner Siding Stucco Siding Metal Siding Composite Siding Vinyl Siding Description: One of the most popular and affordable siding materials. It is available in a wide...
Market Trends 7 Home Buyer, Seller Market Trends to Watch Excerpted from Realtor Mag Winter, 2025 Presented by Stephen Lee with CRI The Percentage of their asking price sold 100% The percentage of their asking price that sellers typically sold their property for —the highest recorded sale-to-list median in 22 years. All...
Technology in Real Estate How to Use AI at Work Excerpted from NAR Realtor Mag. Presented by Stephen Lee with CRI AI, it is often predicted, will transform the workplace. Many people will lose their jobs – many others will do their work in a completely different way. But that’s in the future. What’s happening now? WSJ Readers Responses: Custom-made podcasts I use AI for many...
Technology in Real Estate Navigating HOA Rules Excerpted from NAR Realtor Mag. Presented by Stephen Lee with CRI HOA Rules: Considerations for Real Estate Agents, Buyer and Sellers Overview * The number of homes that fall under a homeowners association is rapidly growing, and real estate professionals play an important role in educating their clients...
Technology in Real Estate A Timeline of Innovation Presented by Stephen Lee with CRI 1920 - 1930s The Foundations * An organized profession starts early 20th century. * Transactions relied entirely on in-person meetings with hand-written contracts. * Trade associations like NAR and NJAR began...
Construction Materials House Flooring Materials Presented by Stephen Lee with CRI <Different House Flooring Materials> -Carpets -Solid Hardwood -Parquet Hardwood -Engineered Hardwood -Luxury Vinyl Plank -Luminated -Stone Tiles Wall to Wall Carpet Tufted Carpet – Using Tufting Guns Woven Carpet – A woven carpet is...
Market Trends Overlooking RE Market in 2025 Edited by Stephen Lee with CRI < Korea Times 1/3/25> 1. Uncertainty of Trump policy The house price rose for 17 month consecutively. First 100 days, tariff, tax cut, and immigration policy will be important to point the direction of RE market. Year end pent up demand will boost the sales depending on area. 2. Spring market might...
ECONOMIC KNOWLEDGE What is the Federal Reserve(Bank) System? Edited by Stephen Lee with CRI 1. Definition of the Federal Reserve System The central banking system of the U.S. of America, which is the most powerful economic institution in the U.S., perhaps the world. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, signed by President Woodrow Wilson,...