Word: broker
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...rich and developers rehabbing crumbling neighborhoods, have gone mainstream. Today well-kept homes are being knocked down by the thousands so that builders can get at the valuable ground beneath. "There's a certain sadness about what's happening to those great little cottages," Brit Fennell, a Coldwell Banker broker, says of Levan's old neighborhood, known as Brentwood Flats. "But the mansionization trend is consumer demand at work...
...says, "and the woman showing me and a group of other investors around was a hairdresser who works for Century 21 on the side. We went into Taco Bell for lunch. The girl at the register heard us talking, and she told us she just got her mortgage broker's license...
...Fortunes are being made, jealousies are being kindled and the claws are coming out--literally. In Manhattan, where the average apartment costs more than $1 million, the housing market is so cutthroat that a real estate agent attacked a seller--who had committed the sin of not hiring a broker--at his open house...
...Bowl tickets. And the story is similar in other highly developed metro areas. The biggest-paying bets in Las Vegas are being laid on the condos and hotel condos (essentially, hotel suites that you can buy) going up on the Strip. On Valentine's Day morning, Bruce Hiatt, a broker and co-owner of Luxury Realty Group, showed up at the Strip's Four Seasons Hotel with a stack of 14 signed checks. Each of his clients was determined to buy a spot in the Cosmopolitan Resort and Casino, a property that will not exist until late...
...American home now occupies a place somewhere between the humble family hearth of old and the cold numbers in our bank and broker statements. It is like a family gem, to be displayed, enjoyed for itself and continually polished and cared for--but one that you might just hock or sell off to pursue gaudier baubles. It is a statement of aesthetics and values and financial acumen. "It is a way to express your good taste," says Atlanta Realtor Heather Steiner, "and to show how much smarter you were than your peers...