RealX Offers Agents Access to a $3 Billion Opportunity
When markets -- or entire economies -- slow, stall or shift, then the experts who power those industries have a choice: They can focus all their resources on maintaining the status quo and hope that things return to normal eventually, or they can explore new opportunities and expand their role. Real estate agents who are interested in moving forward can tap into the massive opportunity presented to real estate property rights, which generates $100 billion annually, generating a potential $2-3 billion in annual commissions. Property rights include surface rights, subsurface rights, air rights, and other rights that landowners can sell to interested companies. RealX is America's first and largest property rights online exchange, connecting landowners with companies in energy (which seek solar, wind, oil and gas rights), communications (which want to build cellular towers), building materials (timber), agriculture (farming or ranch land), and many others. In a time when many agents are dealing with shelter-in-place or stay-at-home orders due to the coronavirus pandemic, property rights are an especially attractive possibility because some rights transactions can be completed without a single in-person meeting. A new source of commission income during the slowdown Because RealX has digitized the property rights marketplace, many subsurface right transactions can be completed seamlessly. Typical surface right transactions for solar, wind, timber and cellular towers include an initial "walk" of the property. But deals continue to close today using a Letter of Intent, and a property walk will happen when allowed. Property rights marketplace RealX online exchange features three kinds of property rights: surface rights, subsurface rights and air rights. An example of surface rights is when landowners lease use of their land for solar, wind, timber, water, cellular towers, pipelines, billboards, power transmission lines — and a host of other things that the landowner is allowing on the surface of their property. Subsurface rights include oil and gas, gravel, sand, minerals and other aggregates underneath the land's surface. Subsurface rights are typically leased or sold, depending on the property right in question. RealX typically works best for your clients who own parcels of land with 10 acres or more, and all of these rights provide a passive income opportunity for landowners. Check it out for free; pay when a deal closes Most importantly, there is no cost for anyone to register on the RealX exchange and no monthly fee. RealX charges a success-based marketing fee: landowners only pay when a transaction is final. If property rights listed on RealX do not sell, RealX does not get paid. Making it easy for agents RealX helps landowners answer four crucial questions: How do I market my property rights for my land? What are the revenue opportunities available for my land? How do I ensure that my land is seen by the broadest number of buyers? How do I know I am working with trustworthy people? Buying property rights or interests listed on the RealX Exchange is quick and easy. The average transaction takes approximately 30 to 45 days from the time of submitting an offer to closing. The exact length of time varies based on the agreement reached between the parties and the due diligence period. Most importantly, RealX provides you with all of the information and support you need to close a property rights transaction. In addition to a robust but easy-to-use online exchange, RealX provides live experts who can answer your questions and help you finalize your deals successfully. Keep in mind that RealX is an online exchange, and that means it does not represent the buyer or the seller in any transaction. Instead, RealX houses the information to help connect landowners with those looking to purchase or acquire such rights. How to join RealX Registration is available at www.realx.io, where we also provide additional information about how the RealX exchange can help real estate agents and the landowners they represent. There is absolutely no obligation once someone registers. You can use RealX at your own pace with no looming deadlines. We are based outside of Pittsburgh, and our founders have deep roots in the real estate technology industry, including creating the nation's largest online real estate listing syndicator. Together with real estate and land agents, we can help your landowners unlock the value of every property, empowering both the property rights buyers and sellers to maximize the return on their investment. Join the RealX property rights revolution by registering today at realx.io. Luke Glass is the nation's leading expert on land use and property rights. He is CEO and co-founder of RealX, America's first and largest online property rights exchange, which is revolutionizing the way surface, subsurface, and air rights are bought, sold, and leased.

Bigger Isn’t Always Better
This article comes to us from David Vivero, founder of RentJuice and VP of Rentals at Zillow. When it comes to life as a real estate pro, it's not always the size that counts. While listings with a "For Sale" sign in the yard yield higher commissions, they can take more time and effort to move. Supplementing income from home sales by raking in multiple, smaller commission checks can add up to a lot – and it's becoming easier to do, thanks to a growing renter population and new innovations that are popping up throughout the industry. In the first quarter of 2012, the rental vacancy rate of 8.8 percent was 0.9 percentage points lower than the first quarter of 2011 and 0.6 percentage points lower than last quarter, according to numbers from the Department of Commerce's Census Bureau. Renting is on the rise, and the real estate industry is transforming to help brokers and agents meet the climbing demand. Multiple Listing Services are placing emphasis on rental listings data; companies like Zillow have added rentals to their "For Sale" inventory; and new players are emerging with technology offerings that allow for greater volumes, efficiency and precision.

Whitepaper: How and Why to Retain Tenants
When you talk about cost-effective strategies for property managers and owners, tenant retention should be at the top of your list. If you keep your tenants happy, you'll keep receiving those uninterrupted rent checks in the mail (avoiding the time and expense of turnover). Today, we'll summarize the RentJuice whitepaper that details the ins and outs of tenant retention. You can download the full whitepaper for free from the rental experts at RentJuice. What's the Big Deal Tenant retention can improve your business by: Saving time and money. Each occupied unit means a regular stream of rent payments to your account, as well as less money and time spent on marketing and turnover maintenance. Increasing profit. According to RentJuice, "The Journal of Property Management revealed that on average, a retained resident is worth almost $900 each year on top of rent payments. Each time a resident moves out, a unit is vacant for an average of 1.5 months. If the tenant retains their lease, the property saves $1,350 as well as the additional costs that would go to marketing the vacancy." LTV and CAC Let's define two of the most important terms related to the economics of tenant retention – LTV and CAC. Then, we'll look at what they mean when combined. LTV: Lifetime Value of a Tenant. The LTV is the profit you'll make over the course of the entire time a tenant will be renting with you. The most important thing to understand about LTV is that it increases with each month a tenant stays with you.