Many homebuyers will be priced out of the market in 2022
BY MATT CARTERJanuary 19, 2022 Fannie Mae forecasts rising mortgage rates and home prices will dent existing home sales by 3.2%. Rising mortgage rates and last-year’s record-breaking runup in home prices are expected to price many would-be homebuyers out of the… Read More
Looking back: A brief history of real estate team crackdowns
By Jim Dalrymple, Inman staffer Last month, lawmakers in Connecticut passed a new law that will significantly regulate how teams can operate. The biggest news is that the law will limit what teams can call themselves, potentially forcing teams up and down the… Read More
Hispanic homebuyers poised to become dominant force in U.S. housing market
Written by Jeff Ostrowsky, Senior Reporter for Bankrate. Hispanics, already a prominent force in the U.S. housing market, are about to take over as the nation’s dominant group of homebuyers. A study by the Urban Institute forecasts that Latinos will become a… Read More
Quick, the Appraiser Is at the Door!
Written by Eric A. Trotz Key takeaways It’s appropriate to discuss your market knowledge with appraisers, but you cannot demand a particular value for your listing.Learn the guidelines that an appraiser is required to follow so you can recommend reasonable comps.Educate… Read More
10 scenarios that can get new agents ethics violations, lawsuits or worse
Here are 10 hypothetical situations to help illustrate how you can avoid some very real legal and ethical problems WRITTEN BY LILLIAN DICKERSON July 05, 2021 Even the most earnest real estate agents can accidentally make a false step that could… Read More
5 Tips to Help Clients Prepare for Estate Sales
Real estate pros can share this information with their sellers to ensure their estate sale runs smoothly. Written by David Blue The pandemic ignited a surge in home buying that we haven’t seen since 2006. A rise in remote work opportunities,… Read More
3 ways to boost buyers’ confidence in a hot seller’s market
By SANTIAGO ARANA Although guiding homebuyers through a competitive market is a challenge, it's important to encourage them to be patient and trust the process. Here are a few ways to prepare your clients and help them stay ahead of… Read More
Why Do Agents Require Buyers to Sign Buyers Representation Agreement Before Showing Other Agent’s Listings?
We thought this blog article by Greg Hanner was worth reposting. I often get told by prospective Buyers that they don't understand why they have to sign a Buyer's Representation Agreement (aka Buyer's Broker Agreement) before I can show them… Read More
Spring Buyers Must Be Ready to Act Quickly
This spring will likely be another fiercely competitive one for home buyers. Real estate professionals should prepare their house hunters for record low inventories and rapidly rising home prices. “Demand for housing was already strong coming into the year and… Read More
No matter what, Realtors are the ones who make home happen
Written by Carl Medford: Despite the daily onslaught of market disruptors seeking to remove Realtors from the equation, there will always be a need for the personal touch in walking clients through the sale or purchase of their most important… Read More
Will Mortgage Rates Continue to Fall This Month?
Mortgage rates have hit new record lows 13 times this year, the latest in November. But will the downward trend continue this month? Nadia Evangelou, senior economist and director of forecasting for the National Association of REALTORS®, believes rates will… Read More
Steps to help prevent the spread of COVID-19 if you are sick – CDC
https://www.cdc.gov/coronavirus/2019-ncov/if-you-are-sick/steps-when-sick.html If you are sick with COVID-19 or think you might have COVID-19, follow the steps below to care for yourself and to help protect other people in your home and community. Stay home except to get medical care Stay… Read More
Should I Sell My Home Now or Wait Until the Spring?
by Kyle Hiscock. There are many questions homeowners ask themselves during the selling process. "How much will my home sell for?" "How much should I list my home for?" "Who should I select as a real estate agent to sell my home?" "What… Read More
NAR Passes Sweeping Professional Standards Committee Recommendations
NAR Does Not Tolerate Hate - Approved by NAR Board of Directors on November 13, 2020 NAR’s Board of Directors today strengthened REALTORS®’ commitment to upholding fair housing ideals, approving a series of recommendations from NAR’s Professional Standards Committee that extend… Read More
What a Joe Biden presidency means for real estate and housing
From Biden's campaign, here's how we can expect his administration to respond to today's most crucial housing issues BY LILLIAN DICKERSON | Staff Writer After days of suspenseful vote-counting, Joe Biden has been declared the 46th President of the United States. Biden and his… Read More