Real Estate
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Personal Real Estate Corporations
Are you a registered real estate salesperson or broker in Ontario? Have you heard of Personal Real Estate Corporations (PRECs)? If not, you may be missing out on some potential financial benefits. Many real estate agencies often use brokerages to manage their finances by depositing client funds into a brokerage account and using the account to pay for expenses such…
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Is Managing a Rental Property Profitable?
Managing a rental property stands out as one of the most intriguing choices in the realm of real estate and service offerings. The ongoing substantial growth in this sector can be attributed to the strong demand for single-family rental units and the increasing need for proficient property management services How Profitable is Managing a Rental Property? But is managing a…
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Tenant Representation vs Landlord Representation
Know What Tenant Representation & Landlord Representation Is. Finding the perfect space for leasing commercial real estate can be a challenge. While you can finalize the area for yourself, you may struggle to negotiate the best deal for a space that can make sense for you. In such a case, you would want to hire a representation that can help…
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10 Best Property Management Software
A good property management software is a crucial tool that helps in digitizing processes and optimizing workflows. Having it, you can instantaneously interact with tenants, reserve amenities more conveniently, and also automate several activities. There are a plethora of resources available in the market. However, it is tedious to address which one is the right tool to use. 10 Top…
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What is Cost Value Reconciliation (CVR)
Cost Value Reconciliation is a unique tool for the real estate construction industry. It measures explicitly pricing against budget on a building project. It provides businesses the ongoing report of the project’s sustainability by measuring cost against value at several points in the lifecycle of a contract right through to the end. Often, cost value reconciliation is an underused project…
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