By: Miles G. Michaud In recent years, the integration of technology into government operations has become increasingly prevalent. Municipalities across the United States have embraced software solutions to streamline processes and enhance efficiency. However, reliance on technology has not been without its challenges, as demonstrated by the ongoing legal battle between Jackson County, Missouri, Tyler… Read More Property Tax and Technology
By: Miles G. Michaud Traditionally, large commercial apartment buildings have set their rental prices using notions of supply and demand. Or,perhaps the building’s management would conduct market research of comparable properties in the surrounding area to determine the price of its vacant studio units. However, todays large commercial landlords set their prices rather differently. Many… Read More Is AI Setting My Rent?
By: Miles G. Michaud To give an opinion of value in Massachusetts a real estate appraiser must comply with M.G.L. Ch. 112 § 173-195. Basically, the statue requires the individual to attend classes followed by an examination. By taking and passing increasingly harder classes and examinations, the appraiser can obtain more advanced licenses. For… Read More Zestimates and Appraisal Law
By: Miles G. Michaud Until the 1990s the residential real estate world ran on a sub-agency model. Sellers of real estate signed listing agreements with a single broker to advertise their property and find a buyer. The broker held open houses, placed signs, and listed the property on the Multiple Listing Service (“MLS”). Oftentimes… Read More Broker Commissions And The Modern Market