Special Topics

Transaction Series NJ Market Data, Digested Excerpted from NJ Realtor Magazine/Edited by Stephen Lee with CRI     10 Key Metrics for the listing presentation or consultation for your clientele:            1.Median Sales Price        - The midpoint price               YDT 2025: $500,000           à             8.7%...

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...