Eastern Connecticut Association of REALTORS®

11 Reasons Why Your Home Isn’t Selling

By Charles Muotoh When you first put your house on the market, you might be hopeful for a quick sale—especially if you've put a lot of money into improving the house over the years and if the neighborhood is one that has… Read More

Yun: Stock Volatility Signals What Could Come Next, by Lawrence Yun

Stock market chaos ensued on Monday, with the Dow Jones Industrial Average plunging more than 700 points as trade disputes with China intensified. The turmoil in the markets will likely lead to new lows for mortgage rates this week, but it… Read More

NAR: Commission lawsuits could be ‘disastrous’ for both buyers and sellers

How should the industry make agent commission structures more transparent before angry consumers and the Justice Department forces it to do so in ways that might be harmful? BYANDREA V. BRAMBILA If the homeseller plaintiffs of two major real estate commission lawsuits… Read More

Amazon gets into real estate with major Realogy partnership

The nation's largest real estate company and an e-commerce juggernaut want to change the way people buy homes.  BYPATRICK KEARNSStaff Writer Amazon is diving headfirst into the real estate industry with a new partnership alongside industry giant Realogy, the companies announced Tuesday. TurnKey,… Read More

Thinking about becoming a Real Estate agent?  Find information about ECAR's pre-licensing school or call our office at 860-892-2595.  Jump in a Saturday class, or plan for a fall evening class!  In the meantime, this article will help you decide if this career… Read More

Sellers: Don’t even think about listing till you answer these 10 questions

Get a lot of calls from owners looking to sell who don't really grasp all the ins and outs of putting a home on the market? Try posing these quandaries to help educate them BYNICOLE SOLARI Based on a number… Read More

Bombshell lawsuit takes a new turn (BY ANDREA V. BRAMBILA)

The major class-action lawsuit against NAR, Realogy, KW, RE/MAX, HomeServices of America and more has been amended to include new plaintiffs and new, more detailed accusations BYANDREA V. BRAMBILA The class action lawsuit that could upend the U.S. real estate industry by… Read More

Feds warn of 1,100% rise in real estate phishing scams

In 2017, scammers intercepted $1B in transactions BY JIM DALRYMPLE The downpayment on a house is the largest single sum of money many people spend in their lifetimes, and now the feds have a stark warning for would-be homebuyers: Watch yourself,… Read More

The future of real estate: A consumer model

Here are the predictions influential real estate professionals made at Disconnect 2019 BYBRAD INMAN A select group of influential real estate professionals gathered in April in the desert of Palm Springs for the 2019 edition of Inman Disconnect. They wrestled with… Read More

‘Millennials should not buy homes’ and other lies consumers fall for

Here’s how we fix this: Post once a week on your social media accounts about different programs that help buyers and sellers By Lee Davenport I recently had the privilege of attending a social media conference and heard some jaw-dropping insights.… Read More

Realtors’ median income grows 5%

More women have also joined the industry, according to NAR data Email Veronika Bondarenko If you’re a Realtor, there is cause to celebrate: The median income for the profession grew by 5 percent between 2017 and 2018, according to the National Association… Read More

Zillow will buy and sell homes in LA, Austin, San Diego and more

Zillow Offers is expanding to 6 more markets nationwide for a planned total of 20 by early next year BYPATRICK KEARNS Real estate tech giant Zillow announced on Thursday it’s expanding its direct-to-consumer online homebuying and selling platform known as Zillow Offers to Austin, Los Angeles,… Read More

Existing-home sales declined in March after rebound in February

Existing-home sales fell 4.9%, according to NAR data BYVERONIKA BONDARENKO Existing-home sales fell 4.9 percent in March to a seasonally adjusted annual rate of 5.21 million, according to the latest data from the National Association of Realtors (NAR). After a small rebound in February, the total… Read More

7 reasons pre-listing inspections are an absolute must

Just as a buyer needs to do their due diligence, a seller needs to do theirs so that bad judgement calls don’t derail their deal BYCARA AMEER Whether you’re a rookie agent, a rising team leader or an established veteran… Read More

Study Finds Homeowners Will Spend Nearly $21K to Sell Homes This Year

Homeowners shell out an average of $20,851 to sell their properties, according to new data compiled by Zillow and Thumbtack's 2019 Hidden Costs of Selling analysis. This includes closing costs, but also the improvements and other projects made when people are… Read More