NAR has Clear Guidelines on Re-posting Listings on Social Media

By Susy Hurlbert In new member orientation this  past month, the subject of sharing listings on social media came up.  NAR has some clear guidelines on re-posting listings on social media.   According to NAR’s Model MLS Rules, MLS participants can display other participants’ listings online without obtaining advance permission only via IDX display or […]

The real estate transaction in 181 steps: What Your REALTOR does for you

Article Date: March 24, 2017 By Marilyn Lusher Sponsored by: Eastern Connecticut Association of REALTORS Surveys show that many homeowners and homebuyers are not aware of the true value a REALTOR® provides during the course of a real estate transaction. The list here is just a baseline since the services may vary within each brokerage and each […]

Connecticut Home Sales Rise in August

Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 9.1 percent comparing August 2016 to August 2015. The median sales price of $269,900 reflects a 5.0 percent increase from this period last year. Median indicates that half the homes sold for more and half for less. Total units of homes sold were 3,753 in […]

Legal Update – New Fair Housing Disclosure Form Available

The new Fair Housing Disclosure form pursuant to Public Act 16-16 is now in effect and available on the Connecticut Commission on Human Rights and Opportunities (CHRO) site and may be accessed here. The statement of purpose of the Bill that passed is “To provide prospective owners of multifamily residential properties with conspicuous notice of federal […]

Agents: What’s Hampering Sales the Most

DAILY REAL ESTATE NEWS | TUESDAY, AUGUST 30, 2016 A dearth of homes for sale, declining affordability, appraisal issues, and lender processing delays are the key issues affecting sales, according to the latest REALTORS® Confidence Index Survey, a survey sent to more than 50,000 real estate professionals about their latest transactions. That said, most REALTORS® remain […]

Existing FHA Condo Rules Extended

On August 24, 2016 HUD extended their existing temporary guidance on condos, without the changes brought about in HR 3700. HUD continues to work on the regulatory guidance to implement the new law, but their existing guidance was set to expire. In notice 2016-13, they simply extend the existing guidance until they can publish the […]