Opinion

Shorten Your ‘Cycle Time’

Shorten Your ‘Cycle Time’

Whether it’s the time it takes to generate a lead, convert a lead, take a listing, show buyers property or close a sale, every aspect of the real estate business has a different cycle time.

SJC Ruling Brings Law in Line With Industry Practices

Since at least 1940, parties to construction contracts have been held to high standard of showing “complete and strict performance of all [of the construction contract’s] terms.” This has historically turned otherwise straightforward disputes over payment into battles where the parties could point to any performance failure as a basis to avoid liability.

Affordable Housing Is a Worthy Investment

It’s clear to see the benefits for Massachusetts when the state invests in community development – thousands of affordable housing units are created, child care facilities are upgraded and seniors gain an opportunity to age in place.

Ain’t Representin’

According to a recent Massachusetts Supreme Judicial Court decision on legal eviction procedures, Rental Property Management Services v. Hatcher, it is unlawful for a property manager or non-lawyer to prosecute a “summary process” (eviction) action on behalf of a property owner or lessor.

Modular Construction Gains Ground

A little over 100 years ago, Model T cars began rolling off assembly lines, and, though he didn’t invent the process, Henry Ford is often credited with mass production that made cars more affordable – to address a need.

Don’t Call it a Bubble

The median pending sale price for a single-family home statewide in May rose over $400,000 for the first time this year, and the third time in the last 12 months, the Massachusetts Association of Realtors reported early this month.