Industry News

Despite holidays, whole ‘lotta’ real estate shakin’ goin’ on

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Wreaths and wine baskets for clients, strategic planning, new offices, real estate deals and a whole "lotta" 1031s are what a group of agents surveyed by Inman News have going on this time of year.   To paraphrase Mark Twain, everyone knows the holidays are slow, but some people do something about it – or at least some real estate agents, especially the ones we talked with.   Despite the traditional concept of the holiday lull, Realtor Dee Hoendervanger of Home Team Realtors in San Antonio, Texas, is currently busier than ever.   "Here in Texas, what normally would be our slow time did not happen this year," the Realtor said. "We have a number of people moving here from California because the prices have gone up so much there, they can sell their homes for $800,000 and buy a mansion here for $350,000."   Hoendervanger said her clients are under the gun to complete 1031 exchanges. "They are selling their houses in California and they have 45 days to lock in pr...