CT Home Sales Down in April

Connecticut REALTORS® reports that the single-family residential home median sales price is $246,000 which reflects a 0.4 percent decrease from $247,000 in that same time period last year. Median indicates that half the homes sold for more and half for less. Single-family residential home sales in Connecticut decreased 5.4 percent comparing April 2017 to April […]

NAR bets on Upstream with additional $9M in funding

Data management company expected to repay funds upon hitting profitability WASHINGTON — The board of directors of the National Association of Realtors (NAR) last week approved an additional $9 million in funding for broker data management platform Upstream. The company behind the platform, UpstreamRE, is expected to repay the funds when it achieves profitability. The funds […]

Making an Offer: 5 Mistakes to Avoid

In competitive housing markets across the country, making an offer that sticks has become increasingly difficult. Ensure your client doesn’t make the process even tougher by succumbing to one of these common mistakes.     Click here to find out what to avoid!       Source: “In It to Win It: Land Your Dream Home […]

What’s driving real estate’s home listing shortage?

There’s a definite lack of housing inventory, and part of it can be attributed to sellers staying put Key Takeaways Most sellers are also hoping to buy, so they are facing the same market constraints as buyers. Housing supply has not kept up with demand because building has become increasingly expensive. Rising mortgage rates and […]

Is Trump’s tax plan good for homeowners? Nope, says NAR

The country’s largest trade association released a statement that said the tax plan would hurt homeownership Key Takeaways “By doubling the standard deduction and repealing the state and local tax deduction the plan would effectively nullify the current tax benefits of owning a home,” said NAR President Bill Brown. The proposed reform would reduce the […]

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 […]

What’s Your Retirement Plan?

Learn what people are planning at various stages of their real estate careers. You know how you go the extra mile for your clients—running a quick vacuum before a showing, bringing in flowers or even your own furniture to create that wow factor, wearing out your tire treads to find someone the perfect home. That’s […]

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 […]