Real Estate Edge

3D construction printing has recently emerged as a new option for home construction, with the potential to dramatically alter the new home landscape. Joining us on the show today is Don Ajamian, CEO of Emergent 3D to share how 3D construction printing will influence new home construction in the future. Discover the current state of 3D construction printing, along with key issues including: What benefits does 3D printing provide when building a home? Does it take longer than traditional building construction? How 3D can reduce cost per square foot Which home designs make more sense for 3D printing? Leverage technology to help assist the housing crisis.#realestateedge #3dprinting #stringhamschools

Agency violations are the most common violations within the division of real estate here in Utah. Not only can they land you in trouble with the state, but they can also damage your career as an agent. Joining us on the show today is Kadee Wright and Mark Fagergren from the Utah Real Estate Division to discuss agency. Here are a few of the key points: The importance of Agency Law (your duties as an agent) What are the fiduciary duties associated with agency? At which point in the transaction do you need an agency agreement? What types of agency are there? How do you terminate agency? Where to get more training on all things agency-related? Tune in to make sure you are fully aware of your agency responsibilities!

Is Utah running out of water? Climate change and population growth have put a lot of pressure on our existing water resources here in Utah. How will our lack of water impact our future? Joining us on the show today is Jeffry R. Gittins, Water Attorney at Smith Hartvigsen PLL to discuss the water situation here in Utah: Who is the biggest consumer of water in Utah? Who determines the priority of water usage? Where does Utah water go? Who enforces water rights? Water rights in a real estate transaction Who has the right to manage and sell water rights? When can my water rights be taken away from me? What's on the horizon for water rights within the state? Tune in to get the latest update on our current water supply!

Park City has become one of the most popular destinations in Utah, both for locals and out-of-towners. In fact, Park City has grown roughly 13% in population since 2010. With all of that growth comes some very unique challenges, especially to the real estate market. Joining us on the show today is Jamie Johnson, CEO of the Park City Board of Realtors to discuss the numerous issues facing the area: How has this rapid population growth affected real estate agents along the Wasatch Back? What is the single biggest challenge facing agents in Park City right now? What resources are available to agents to help them succeed? How has real estate demand changed recently? What does current inventory look like? Tune in to discover the current real estate environment in Park City!

Let's talk about business. Did you know that there are more than 32 million small businesses across the United States? This represents for 99% of all businesses in the country. Tune in as Garry interviews Jim Afinowich, business broker at Fox & Fin Financial Group about the ins and outs of selling a business: Do you need a real estate license to sell a business? How to determine the value of a business? How does real estate factor into the negotiations? Two ways to prepare your business to sell at maximum value Why nearly 80% of listed businesses never sell Even if you never plan on selling a business, you'll really enjoy this episode. Listen now!

Shortage of homes. Rising interest rates. The influx of new move-ins. We have never seen conditions quite like these. How can you stay ahead in an ever-changing market? Tune in as Garry interviews Realtor Troy Foote of Signature Real Estate Utah about the unprecedented market we are experiencing here in Utah: What does it take to be successful in real estate today? How do you find your next customer? Do you have to be a broker to build a real estate team? When do you turn down a client? Will underwriting change as interest rates increase? ...and a whole lot more. Your ability to understand what's at play in the market and then adapt to any changes will be critical to your success as an agent. #StrighamSchools #realestateedge #recession

Real Estate Edge | Episode #27 – Why Gas Prices Are At A Record, And Where To Go From Here with Professor Andrew Inkpen, PH.D, Thunderbird School of Management at Arizona State UniversityIs there an end to the soaring cost of gasoline? Will prices continue to rise? Or will there finally be some relief at the pump? Tune in as Garry interviews Professor Andrew Inkpen, PH.D, of Thunderbird School of Management, about the current oil and gas situation: Why have gas prices jumped more than a $1/gallon over the past few weeks? Is our oil supply dwindling? Do we have enough for the future? Where are the highest concentrations of oil? Is the U.S. producing its oil or are we importing it from other countries? Will gas prices continue to increase? Listen now to learn more! Podcast: https://www.spreaker.com/show/real-estate-edge#highgasprices #realestateedge #StringhamSchools #realestateeducation

With the acceleration of Utah's popularity as a destination for both living and travel, aviation has become more and more important. Tune in as Garry interviews Jared Esselman, Director of the Utah Division of Aeronautics about the impact of aviation on Utah's economy: How many airports exist in the state of Utah? Do we have adequate airport services? And what does the future look like? What are some of the advances in airport aviation? How does general aviation impact the state's economy? What is the process for establishing a business at an airport? Keeping a pulse on the factors that are shaping the economy is critical to being prepared for what the future holds. Discover what role aviation will play in the coming years.

Real Estate Edge | Episode #25 – What Every Agent Needs To Know About Title Insurance with Jonathan Ivins, President of Meridian Title Podcast Version: https://www.spreaker.com/show/real-estate-edgeAs a real estate agent, one of your responsibilities is to help your client understand each aspect of the transaction process. Title insurance is one of those line items that few homebuyers really understand. As their agent, they will look to you for answers and guidance. Listen in as Garry interviews Jonathan Ivins, President of Meridian Title, about all things related to title insurance, such as: What exactly is title insurance? Are there different types of policies? Is title insurance required by law? Who pays for the policy? What does title insurance NOT cover? What is an ALTA policy? How long does title insurance last? Are there any problems that a title may NOT reveal? If you aren't an expert on title insurance already, then tune in to this episode. You'll expand your knowledge of title insurance and be in a much better position to help your clients. #realestateedge #StringhamSchools #Titleinsurance

As businesses become more and more digital, cyber-attacks become more and more of a threat. Dennis Rice, FBI Special Agent in charge of the Salt Lake City Field Office, joins Garry on the show to answer questions relating to cyber security and explain how to better equip your business to avoid an attack.  Special Agent Rice addresses numerous concerns such as:  How often do cyberattacks occur?  How one local company paid $19 Million in ransom due to a cyber attack What are hackers looking for?  Are you still safe even if you back up your data?  What are common vulnerabilities that companies face (especially since COVID)?  What to do if you've been attacked  In the digital world that we live in today, this episode is a MUST. Tune in today!  YouTube Link #24: https://youtu.be/fNQ68Twsnps

Russia's invasion of Ukraine is causing waves all throughout the world. Its effects are being felt both locally and globally, from gas to food to inflation. Miles Hansen, President & CEO of World Trade Center Utah, joins Garry on the show to explain the current situation in Ukraine and its effects on the rest of the globe. Specifically, Miles breaks down: What led to the invasion of Ukraine? How is the world responding to Russia's actions? Putin's threat of “consequences you have never seen.” The impact of Russian ‘frozen assets' Highest inflation levels in 40 years...is there more to come?

Record-breaking demand. Wild price increases. Low inventory. After-effects of the pandemic. Where do we go from here? William Grey, Faculty Associate of the Finance Department at Arizona State University, joins the show to share what he's seeing today and his predictions for moving forward. Tune in to find out: What to expect over the next 12-24 months? The ‘tokenization' of real estate Are we going to catch up to demand? If so, how? How does 3D printing factor into the future of real estate? How retail space is evolving?

Title: Real Estate Edge | Episode #21 – Commercial Real Estate Market Trends & Outlook with Rusty Bollow, Executive Vice President of Industrial & Investment Properties, Colliers International Stringham Schools shows as the channel Description: The commercial real estate landscape is lined both with ripe opportunities and sizeable challenges. What do those opportunities look like, and how can you identify and navigate the potential pitfalls? Rusty Bollow, Executive Vice President of Industrial & Investment Properties at Colliers Internation joins us to answer those questions and provide insights into the future of commercial real estate. Listen in to find out: What's hot and what's not in the commercial market Is it time to buy? Or is it time to rent? What type of impact has the pandemic had on the market? And how will that influence the path moving forward? How has commercial real estate changed over the past 10 years?

The past two years have been unlike any other in real estate. Here to discuss the ever-changing financial landscape of real estate is Jamie Woodwell, VP of Commercial Real Estate Research at Mortgage Bankers Association. Garry and Jamie touch on critical issues and questions, such as: Key policy issues (federal response to the pandemic, lending caps on multifamily, climate risk & ESG) What are the 2 hottest properties in real estate right now? How has inflation affected the RE market? Interest rates: What's going to happen in the future? Tune in for the latest updates on the real estate financial market!

Through the years, Park City has evolved from a simple mining town to a top-tier destination for both locals and tourists. Its growth has been unprecedented since the Olympics in 2002, and that trend continues even today despite the recent pandemic. Yet with steady growth comes challenges. Joining Garry on the show today is Jonathan Weidenhamer, Economic Development Manager of Park City, to help us see what unique challenges Park City faces and how the City is planning to overcome those challenges. Garry and Jonathan dive into several key topics, including: What are the biggest threats to the Park City economy? Park City's active role in developing affordable housing How small businesses that want to remain in Park City can gain access to thousands of dollars in small business grants Traffic issues: what's being done? How will Park City change over the next 10 years? For those interested in the Park City area, this episode is a must! Tune in to hear the full conversation.

Multifamily Homes represent 24.6% of residences within the United States, according to the National Association of Home Builders. Accounting for roughly 1 in every 4 homes, multifamily properties can be a great market to specialize in. Joining the show today is Laura Smith, Managing Director of Berkadia, to provide the latest snapshot of the multifamily market. Garry and Laura dive into several hot topics, including: What is driving all of this demand? Why are there such long lead times for construction loans? Non-Recourse Loans and if they are a good option What are ‘Bad Boy Carve Outs'? How does a new investor get started in the multifamily market? Tune in to discover the latest updates on the multifamily market! #MultifalmilyHomes #RealEstateEdge #StringhamSchools #Berkadia

Utah is the #1 fastest growing state in the country over the past 10 years. But with growth comes change. What type of impact has this had on the Beehive State? Ben Hart, Deputy Director at Utah Governor's Office of Economic Development shares insights to the many changes that Utah is facing because of its rapid rise in popularity, as well as how the state is planning and preparing for the future. Garry and Ben dive into several hot topics, including: How to court people and businesses coming to Utah? The 2 questions businesses ask when thinking of relocating or expanding into Utah Incentives and the state's unique approach to avoid ‘simply giving out money' Is there enough capital investment in Utah? Is Utah growing too fast? Will Utah's growth continue in the future? Tune in for the latest updates on the state of Utah's economic development.#RealEstateEdge #UtahRealEstate #StringhamSchools

What you need to know about the Little Cottonwood Canyon Project. Josh Van Jura, Utah Department of Transportation shares insights into the project progress. UDOT is looking out for you. Safety, mobility, and reliability are core to their decisions. FACT: Little Cottonwood Canyon (Utah State Route 210) is the most dangerous avalanche road in North America Weekends, holidays, and powder days cause peak traffic challenges on Little Cottonwood and Big Cottonwood Canyon roads. Residents and visitors flock to these mountains to enjoy powder days. Traffic over 7,000 vehicles per day means your trip could be 20 minutes or 2 hours during peak times. If you choose to drive yourself, you'll pay more with a route toll. 2050 estimates show 50 days per year will have that traffic load around 7,000 per day. Alta Vista, Snowbird, Salt Lake City, and other neighboring cities weigh in. Over 25,000 comments were collected from area residents during public input sessions reviewing the draft Environmental Impact Statement (EIS) released this past Summer. Learn about the busing, gondola and cog train route options under consideration. Facts, funding, design, and more. YouTube Link #16 : https://youtu.be/nS3vke3Zn_s

Find out how to move real estate investment profit into the next investment property. Under Internal Revenue Code section 1031, a taxpayer may defer recognition of capital gains and related federal income tax on the exchange of certain property types. The process is called a 1031 exchange. Garry Barnes interviews a 1031 exchange veteran, Trent Hendry from Mountain View Title & Escrow. Trent shares insider tips from his 21 years of experience helping investors take advantage of this option. In the case of a Real Estate 1031 exchange, an owner sells investment property then buy another property and defer federal capital gains tax. Proceeds from the sale are moved into the purchase of the new property. Both commercial and residential properties qualify for 1031 exchange if they are defined as investment property. Another criterion is that the property must be replaced with one of equal or greater value to take advantage of the federal 1031 exchange. How to kick federal taxable event to the next investment property. During this process an intermediary is required. Learn what an intermediary is and what they do in this process that's different than the exchanger and escrow company. The 1031 exchange may not always be an option for investors. This is a federal government tax code subject to change and has been a point of conversation to remove under the Biden administration. #1031Exchange #RealEstateEdge #StringhamSchools

Learn all you ever need to know about title insurance with Beau Pili from Utah-based Oasis Title. Start with the basics: What is title insurance? What does it cover? How is it different from homeowner's insurance? Learn the interesting history of how the title insurance industry came to be. Then take a dive into the options for policies, including types and coverages. Beau then takes us through the nuts and bolts of how title insurance works on projects like new construction and manufactured homes. Finally, understand some of the differences in title insurance between residential and commercial properties, and how technology advancements have changed the title industry. Don't miss this detailed discussion on a complicated topic! Learn all you ever need to know about title insurance with Beau Pili from Utah-based Oasis Title. Start with the basics: What is title insurance? What does it cover? How is it different from homeowner's insurance? Learn the interesting history of how the title insurance industry came to be. Then take a dive into the options for policies, including types and coverages. Beau then takes us through the nuts and bolts of how title insurance works on projects like new construction and manufactured homes. Finally, understand some of the differences in title insurance between residential and commercial properties, and how technology advancements have changed the title industry. Don't miss this detailed discussion on a complicated topic!

Learn what's next for the 600-acre site redevelopment in the heart of silicon slopes. Point of the Mountain State Land Authority (POMSLA) Executive Director Alan Matheson gives an inside look at the plans for the old prison site in Draper. The prison moves out in a year, find out what will come next in this prime area for development. The POMSLA board was created in 2018 specifically to guide development of the state-owned Draper prison land. The site vision is to create an iconic Utah community. New plans for the site and goals include: high-quality jobs, strategic residential and commercial growth, vibrant urban centers and housing, parks and more. You might be surprised to hear the innovative site designs that are coming to address traffic, air quality and water use.

The strong entrepreneurial spirit and desirable market in Salt Lake has grown exponentially. People are looking at Utah more than ever as a great place to live and operate a business. Businesses are changing hands. Garry digs into the details with Garit Lawson, Managing Director of The Forbes M&A Group. Get the ins and outs of buying and selling a business. Not to be confused with the Forbes magazine, Bob Forbes founded this M&A group. IT's a boutique investment bank headquartered in Denver with offices in Salt Lake City and Nashville. They specialize in working with Entrepreneurial and family-owned businesses ready to sell or raise capital. Did you know there are over 32 million small businesses in the United States? Changes in company ownership is more common than you think. Learn how real estate in the form of buildings and land as well as leases are common areas that require additional expertise for a profitable business transaction. Mergers and acquisitions are solutions that can be more profitable with experienced brokerages navigating stocks, assets, and real estate transactions. General business brokerage vs. Investment bank brokerage explained. For example, Investment bank brokerages typically work with businesses valued over $10M. Business valuation and selling prices can be complex. Working with a qualified broker is critical. #RealEstate #RealEstateEdge #Forbes

Tips for investment and commercial real estate loans uncovered! It may surprise you to hear the unique benefits of working with the Small Business Association (SBA). Historically low rates and special programs like 504 government backed loans make investment real estate attractive. The world of Commercial loans is complex and understanding how to assess your best fit is critical. Jon Kleven, Monarch Commercial Capital is an expert Commercial Loan Broker. He has been working with loans that range from $250,000 to $4.2 Million. Find out the major differences between Commercial loan Brokers vs. Lenders. All time low rates, payment forgiveness and financing benefits you can't miss. You will learn about the commercial real estate lending process. From investment properties to owner occupied loan options and more. How lease terms and cash flow are assessed in the loan process to determine Net Operating Income (NOI) and finally the Loan-To-Value (LTV) for lender risk consideration. What are origination fees and who pays the mortgage broker for their services? Jon also shares details about being a broker and how to get a Commercial Broker license.

What is the U.S. Department of Housing and Urban Development and how it impacts housing sales? In this session, Deputy Regional Administrator, Erik Amundson talks about the programs you need to know about. Find out how HUD spends a $60 Billion budget and how its policies impact real estate buyers as well as communities.

What is the role of the Federal Reserve in the real estate market? In this informative session, Federal Reserve Senior Economist John Mondragon discusses what the Fed is seeing in the current housing market and how its policies impact real estate. Mondragon directly answers our most burning real estate market questions—How has the pandemic impacted different sectors of the real estate markets? Where has housing demand shifted? How have interest rates impacted real estate demand? Will the resilience in the market continue? He also details how the flow of inventory right now is impacting home values, the current state of the lending market and the key differences between this market and the crisis in 2008. This interview is both educational and motivating. Real estate agents can use this powerful, data-driven discussion to plan and strategize their business during this unprecedented economic period.

Mortgage fraud is a real thing that could impact your real estate transactions. In Part 2 of the interview with FBI Special Agent Drew Scown, interviewer Garry Barnes digs deep into the topic of mortgage fraud including types of fraud transactions, how the current market may impact the trend of mortgage fraud, potential penalties, and how Utah specifically may be affected. Mortgage fraud can impact a buyer in numerous ways. Learn how to spot and avoid these issues and protect your clients—and your success. Learn more at www.stringhamschools.com Get the YouTube version: https://youtu.be/-E2IzKcfHLsFacebook: https://www.facebook.com/StringhamSchools/Instagram: https://www.instagram.com/stringhamschools/?hl=en#FBI #RealEstateAgent #Realtor #Realestate #Utah #RealEstateEdge

FBI Special Agent Drew Scown shares stories about his work uncovering money scams in Utah. Billions of dollars are moving outside of the United States each year. The problem of money laundering goes beyond wire fund scams targeting the older population. It can also impact anyone involved in real estate transactions. The FBI has seen an influx of fraudulent e-mail notices to buyers and sellers with urgent messages to “send the money now” from scammers. Sales agents need to also be aware of business email compromise that often triggers the scam. Real estate is a huge industry that can be attractive to money laundering because of the large and varied values. This impacts all geographies ranging from large cities to small rural towns. Money laundering is the act of taking ill-gotten gains and move it through financial systems to use it without law enforcement detecting it. From gift cards to virtual currencies and wire transfers, money mule networks – are used for domestic and international fraud. Participants may be aware of the fraudulent action, or they may have no idea. Red flags you need to know. Utah is the fraud capital of the United States per capita likely due to the trusting nature of our community. Scammers will try to build trust in a fake relationship and ask to move money through your account. This can be large-scale overseas operations such as romance scams set to victimize financially and emotionally. The signals of money laundering are simple. If it seems too good to be true, trust your gut. If the transaction doesn't make sense, ask questions about the business purpose. Look out if you are asked to participate in a transaction that you have no reason to be involved. Contact local law enforcement if you have information about money laundering scams. Learn more at www.stringhamschools.com Get the YouTube version: https://youtu.be/SqrfWACEL-4Facebook: https://www.facebook.com/StringhamSchools/Instagram: https://www.instagram.com/stringhamschools/?hl=en#FBII #RS-CI #RealEstateAgent #Realtor #Realestate #Utah #RealEstateEdge

Get the ins and outs on commercial loans and investment properties. 2021 Utah real estate trends - “We're lucky to be in Utah.” Garry digs into the details with Brad Baldwin, President and CEO of 1st Utah Bank; a local Utah community bank focused on business and commercial loans. Brad has decades of experience as a financial attorney, banking, and in Commercial Real Estate. Hear the advantages to commercial real estate and some cautions to consider with some commercial property types. Commercial loan changes were happening before COVID in the retail segment. More impact on other areas in recent months. Gain a deeper understanding of what this means for commercial loan underwriting. Cash flow, rental income, net leases, and LTV (loan to value) explained. Learn what makes REITs (real estate investment trusts) and investments like CMBS (Commercial Mortgage-Backed Securities) aka Conduit Loans attractive. Find out the difference between Secondary and Capital markets. The Utah market is booming and getting the attention of other state loan participants like New Mexico and Wyoming that don't have the same economic opportunity as Utah. Learn more at www.stringhamschools.com

Find out what's going on with the Salt Lake City International Airport. The Covid pandemic may have slowed things down for a little while but SLC is ready to make a huge impact with the NEW airport. Garry interviews Nancy Volmer, Marketing Director, for an exclusive insider update. She's been an integral part of the new airport's master plan. Plans for Phase 1 and Phase 2 openings revealed. Nancy shares details about the economic impact, area housing, and business. The new airport brings double the parking spaces and solves curbside and retail congestion problems. It will be more visitor-friendly to accommodate National Park goers and finally make it easy to transport your skis and golf clubs. New gold-standard safety features, designs, and tech that make this airport stand out. It's more than a Delta Air Lines hub with growing international flights available. Learn more at www.stringhamschools.com

What you NEED to know about appraisal. Garry uncovers the depths of appraisals with Joel Frost, a practicing appraiser since 2006. Working with an appraiser is more important than ever. Real estate sales agents are seeing offers of $50,000 to $100,000 above asking. Joel shares tips to consider multiple offers and settle for the best financial result. It's not always as simple as the highest bidder. Learn how to become an appraiser, secret industry terms agents must know, and criteria lenders use. This includes lenders such as Fannie Mae, Freddie Mac, FHA and VA. Step through the appraisal experience from field to office with key aspects of property review revealed. Appraisals are not just important for financing. You might be surprised to find out two other top reasons appraisers are kept busy. Learn more at www.stringhamschools.com

Get insider tips from Dan's 38 years of mortgage industry expertise. Interest rate trends and coordination of mortgage lenders in the home buying process explained. Garry uncovers what you need to know about mortgage licensing, the loan application process, and important questions you don't want to miss. Learn about new technology and loan automation that helps mortgage lenders and underwriters expedite the processing time. Home value, loan to value, appraisal and Property Inspection Waiver terms explained. Dan reviews various loan programs including: VA, FHA, 30-year Conventional and more. Learn about homeowner loan options based on credit rating, interest rates, money down and private mortgage insurance. Find out the critical difference between pre-qualified and pre-approved. Learn more at www.stringhamschools.com

Expert predictions for commercial growth in downtown Salt Lake City and what's changing for commercial spaces in the age of Covid-19. Garry Barnes takes a deep dive into Commercial Real estate with Jody Jones, President of the CCIM Salt Lake Chapter. CCIM is the Certified Commercial Investment Member (CCIM) Institute. Members are experienced commercial agents that have completed advanced courses in financial and market analysis, and have demonstrated extensive experience in the commercial real estate industry. Beyond networking and using market tools, Jody shares tips to help clients make informed decisions for their business real estate needs. Learn about Jody's career path to commercial real estate that stemmed from the desire to NOT work weekends and evenings. Commercial real estate includes retail, multi-family, investment and land development properties. Learn more at www.stringhamschools.com

NEW trends in Utah real estate growth and what makes a real estate agent stand out. Insider tips from Alicia Holdaway, former President of the Salt Lake Board of Realtors® and Agent with Sotheby's International Realty joins Garry Barnes for an exclusive interview. Learn about a new career in real estate and how to be a top sales agent or broker. Garry takes a closer look at the framework for success in the real estate community: advocacy, communication, knowledge, and service. How to be a successful agent and leverage technology to boost your efficiency. https://stringhamschools.com/​Facebook: https://www.facebook.com/StringhamSch...​Instagram: https://www.instagram.com/stringhamsc...​LinkedIn: https://www.linkedin.com/company/stri...​#RealEstate​ #Realtor​ #RealtorLife​ #RealEstateEdge​ #Entrepreneur