Bill Cummings, a part-time Singer Island resident for 30 years, grew up poor, but through a series of highly successful business ventures became one of the wealthiest individuals in Massachusetts. Founder of commercial real estate firm Boston-area Cummings Properties, at 81 he still works every day. He has committed to donate more than 90 percent of his wealth to charity. Cummings tells his story in a book he wrote and published, “Starting Small and Making it Big: An Entrepreneur’s Journey to Billion-Dollar Philanthropist,” available on Amazon and on the Cummings organization’s website at cummingsproperties.com. All the profits from the book’s sale will go to charities, Cummings said. “A number of people over the years have encouraged me to write down stories about everything from my childhood entrepreneurial ventures to my business philosophies to my thinking about philanthropy,” Cummings said. Although he founded three local … [Read more...] about Singer Island resident known for real estate, philanthropy pens first book
Variety real estate
Technology has become such an integral part of our society, that it's hard to believe life without your cellphone or the internet. But, it really wasn't all that long ago that we weren't all continuously plugged into the world wide web.The internet wasn't really in widespread use until the early 1990's, and cellphones weren't all that common until the late 1990's. That's only about 20 years ago; I've got a bath robe that's older than that.Despite the relative newness of technology, we have rapidly and eagerly adopted these new electronic tools. Nearly every type of business has fully integrated technology, understanding that the proper implementation of whatever is the latest gadget or software system can mean the difference between profit or loss.Consequently, pretty much every product or service we use involves a computer. This has led many of us to believe that computers can replace people, and in some ways, do a better job that their human counterparts.Real estate is not immune … [Read more...] about Realities of Real Estate: The human side of home sales
Published 12:00 am, Sunday, April 1, 2018 Real estate is a diverse industry with residential, commercial and other specialties. If you are ready to sell a house, you obviously want an agent who knows residential real estate. But what else should you consider as you start this process? Holding a real estate license does not make someone a Realtor. There’s more to it than that. The main feature that distinguishes a Realtor from someone who’s merely licensed by the state to sell real estate is the Code of Ethics, which requires Realtors to put their clients’ interests first at all times. Hiring a Realtor means you have retained someone who is committed to continuing education, professionalism and integrity. So, before you ask potential real estate agents any other questions, ask if they are a Realtor. Compensation Local Channel Now Playing: Now Playing Local athletes excel on second day of Texas Relays San Antonio Express-News Michigan's … [Read more...] about A real estate license doesn’t make a Realtor
(MoneyWatch) When the housing bubble burst in 2008, home values plummeted. The time it takes to buy and sell property has increased dramatically since then, and plenty of homes end up in foreclosure before the owners' have a chance to find a buyer. According to some experts, the traditional form of real estate might be more of a hindrance than a help in today's market. There are tons of homes available, and buyers with decent price ranges are overwhelmed by their choices. Sellers get multiple showings, host numerous open-houses, and may even try more than one real estate agent, all to no avail. Is help on the way for underwater homeowners?Q&A: What you need to know about real estate nowForeclosure sales a sign of what's to come Pam McKissick, CEO of real estate auction firm Williams, Williams & McKissick and author of "Auction Your Home, Absolutely! An Inside Guide to Real Estate Auction," believes an auction might be just the ticket for struggling sellers. Auctions "put the … [Read more...] about Real estate auctions: The future of home sales?
(Credit.com) Roughly 2.3 million homes are in the shadow market, according to a report by data and analytics firm CoreLogic, which marks a considerable drop from where the inventory of these properties stood a year earlier. The current supply of pending foreclosures equates to a roughly six-month supply, the report indicates. The level of these properties in July 2011 was 2.6 million units. One million of the 2.3 million shadow inventory units are seriously delinquent, according to the report. Additionally, roughly 900,000 of the homes are in some stage of foreclosure, while the remaining 345,000 are real estate-owned. How Refinancing Can Affect Your Credit Can You Really Get Your Credit Score for Free? 3 Ways to Boost Your Credit Score in 3 Months "Broadly speaking, the shadow inventory continued to shrink in July," said Anand Nallathambi, president and CEO of CoreLogic. "The reduction is being driven by a variety of resolution approaches. This is yet another hopeful sign that … [Read more...] about Real estate ray of light: Shadow inventory declines