Fighting back: Investing in technology and efficiency

Mark A. McLaughlin, CEO of Pacific Union International, Inc., believes in embracing change and making his agents more productive with technology by Inman News This is part of “Fighting back,” a new series of profiles on how broker-owners are responding to industry disruption. Mark A. McLaughlin is chief executive officer of Pacific Union International, Inc. […]

Pending home sales decline 0.5% from April to May

Pending home sales have now dropped for the fifth straight month on an annualized bases due to inventory shortages Pending home sales dropped 0.5 percent month-over-month and remain down on an annualized basis for the fifth straight month, according to the latest National Association of Realtors (NAR) Pending Home Sales Index (PHSI), released on Wednesday. PHSI tracks home […]

Surviving the Inventory Crunch

Industry pros give tips to help brokers prep their agents and clients to navigate tight market conditions. by Erica Christoffer Shannon Brien, broker-manager at The Douglas Realty Group in Cary, N.C., says their clients are at the mercy of ultra-low housing inventory. Building permits were down 20 percent year over year in March, according to a Wake County […]

State to Upgrade Pier for Use by Off-Shore Wind Projects

Associated Press, May 30, 2018 Connecticut is planning to spend $15 million to upgrade the State Pier in New London for use by developers of several offshore wind projects. Gov. Dannel P. Malloy announced a plan Tuesday that would include construction of a heavy lift pad on the pier. He says the improvements would give […]

10 tips for making a first-time home purchase go smoothly

They might require extra time and more information at every step, but it’s a gratifying transaction BY NICOLE SOLARI Able real estate agents know the first step with first-time (and really all) buyersis to get them pre-qualified — preferably with a lender who is accustomed to working with this group of buyers and who has the patience to explain […]

Results of NAR’s Mid-Year BOD meeting

A $30 dues increase in 2019 plus a major change to Professional Standards are a few biggies. Read all about it here…. The NAR Board of Directors at its meeting in Washington May 19 took a major step toward increasing professionalism in real estate by giving associations new teeth for enforcing Code of Ethics violations, […]

8 reasons selling without a real estate agent is a recipe for disaster

The soul-searching questions homesellers should ask before going FSBO  BYCARA AMEER Let’s face it, selling a home without a real estate agent is just plain risky. FSBOs jeopardize time, money, and most importantly, an advantageous outcome.But, despite research that shows that shows that FSBO listings sell for about 5.5 percent less than comparable properties sold through the MLS, some sellers still […]

4 ways to keep your condo or co-op deal on track

Listing agents should employ these risk management tips for more sales and better client reviews BY NICHOLAS OLIVER Being a successful co-op and condo listing agent is as much about being a risk manager as it is about being a compelling salesperson. Although the sale price is the only metric you will be judged on, most […]

6 tips for easing first-time homebuyer stress

An informed buyer is likely to make better decisions and be more satisfied with his or her purchase BYJACKSON COOPER First-time homebuyers certainly present an interesting challenge for any real estate agent. They put all your skills to the test as you balance trying to close the sale, dishing out cautionary advice and sometimes saving your clients from themselves. […]

Existing-home sales rise for the second straight month

The best sales activity since November, but still below numbers from this time last year, according to NAR report BY PATRICK KEARNS Existing-home sales continued to trend upward in March for the second straight month, the National Association of Realtors reported on Monday. Existing-home sales jumped 1.1 percent, climbing to a seasonally adjusted annual rate of 5.6 million. […]