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The corporation filed for bankruptcy in 1989, and reorganized as Cardinal Realty Services, Inc., a real estate ownership and management company. Cardinal Realty Services, Inc. was listed on the New York Stock Exchange [CRSI] before merging with Equity Residential. [3] Ownership of many properties transferred to Equity Residential. Today many of ...
RE/MAX was founded in January 1973 by Dave Liniger and Gail Main (who later married Liniger and became Gail Liniger) in Denver, Colorado. [5] [6] [7]The company was established with a maximum commission concept, meaning that agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than paying their broker a share of the commission of each ...
Homes were typically built between 1940 and 1969, while many others were built between 1970 and 1999. Those who built and live in these homes contain a unique mix of cultural or occupational groups. Lincoln Village was founded in 1955 as a planned community by a real estate subsidiary of Nationwide Insurance.
“The inputs for building housing are materials, labor, and capital,” said Stijn Van Nieuwerburgh, a real estate and finance professor at Columbia University’s Graduate School of Business.
The Henry family then purchased the house for $873,400. The new owners estimated a repair at at least the cost of sale, and hired an architect and a designer to restore it. [6] Fritz Harding estimates the house is eligible for the National Register of Historic Places, and hopes the current owner's renovations will lead to its listing. [11]
Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. [2] It also provides mobile application-based home buying services along with financing.
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