An ongoing feature in Tuesday Tactics is our “Great Read Roundup” in which we highlight some of the best pieces we’ve read recently and why they might expand your mind or help with your real estate career.
Taxes, Insurance, Other Homeowner Costs Approach $10K a Year
(8 minute read)
Why it matters: Do your homeowners understand the “hidden” costs behind home ownership? This helpful research report by Zillow and Thumbtack ranks various markets by their combined “avoidable” and “necessary” costs. If you’re helping first-time home buyers calculate how much home they can afford, keep this handy piece in your back pocket for planning purposes.
Granny Pods: Caring for Aging Relatives in Your Own Backyard
(5 minute read)
Why it matters: For seniors, aging in place is a hot topic. With the “silver tidal wave” of Boomers looming over the housing market, there’s a real need for solutions which allow families and their parent peace of mind. “Granny Pods” are a type of ADU (Accessory Dwelling Unit) which allows a senior-friendly independent living arrangement on an existing lot. Learn more about how you can turn a portion of your large lot into a residence for the seniors you love.
How to Market a House Without a Garage
(7 minute read)
Why it matters: Here’s a very specific piece of marketing advice you might have never considered: How do you make a listing without a garage more appealing? From the piece, “With the increase in ride-sharing and walkable developments, garages may not be at the top of every buyer’s wish list, and some homes are constructed without them. Know how to make a garageless listing appeal to the widest possible audience.”