Builders have struggled to overcome land scarcity and rising labor costs and materials. But a flood of homes will come on the market over the next 20 years as baby boomers age – enough to affect local economies in traditional retirement areas. The boomer generation, once 76 million strong in the U.S., dwarfed the 55 … Continue reading Study: Lots of Listings Coming as Baby Boomers Age
8 Signs a Buyer Is Ready To Stop Renting
Renting a place to live may give you the freedom to move when you want and relieve you of the responsibilities of homeownership, but at some point, most people yearn for their own home. Buying a house is a good way to start building financial security. As you pay down the mortgage, you build up … Continue reading 8 Signs a Buyer Is Ready To Stop Renting
How Can I Get Out of a New Construction Condo Contract?
Question: Several years ago, I signed a contract to buy a new construction condo unit. I have made all the required deposits, and we are six months from closing. I found out I have to relocate for my job. What can I do? – Don Answer: Many things can happen between signing a contract for … Continue reading How Can I Get Out of a New Construction Condo Contract?
See you in court! 10 ways agents typically get slapped with lawsuits
Real estate agents are particularly vulnerable when it comes to getting sued. With tons of details, multiple clients and valuable properties, it’s all too easy for things to slip through the cracks. Even the slightest mistake could end up costing you a lot of money, a lot of stress and worst of all, tarnish your … Continue reading See you in court! 10 ways agents typically get slapped with lawsuits
NAR Board Approves MLS ‘Clear Cooperation Policy’
SAN FRANCISCO – To address a growing use of off-MLS listings, the National Association of Realtors® (NAR) Board of Directors voted 729-70 to approve a new rule affecting off-MLS listings, saying they must be submitted to the MLS within one business day after first marketing them to the public. The policy passed at the Board of Directors … Continue reading NAR Board Approves MLS ‘Clear Cooperation Policy’
Dear Anne: What Does ‘Withdrawn’ Really Mean?
ORLANDO, Fla. – Dear Anne: My listing agreement with a seller is for six months, but this seller and I had a falling out three months into the listing. Advertising this property did not come cheap, and the cancellation fee would enable me to recoup my expenses, but the seller was unreasonable and refused to pay … Continue reading Dear Anne: What Does ‘Withdrawn’ Really Mean?
Who Fixes the Pipe Behind a Condo Wall?
Question: Is our condominium association responsible for what is behind the walls? We have a pipe running from our air handler to the condenser that they say I am responsible for replacing due to a leak. It is a four-story building, and I’m on the ground floor, so it is a very long line. – … Continue reading Who Fixes the Pipe Behind a Condo Wall?
1 in 5 Americans Say They’ve Lived in a Haunted House
In a survey, 23% of Americans said they’ve lived in a haunted house and an additional 20% may have. SANTA CLARA, Calif. – Nearly 60% of people who have lived in a haunted house didn’t know it was haunted before they moved in, according to realtor.com’s, fourth annual Haunted Real Estate Report. The survey of 1,000 … Continue reading 1 in 5 Americans Say They’ve Lived in a Haunted House
How Realtors Can Guide Clients Transitioning to Senior Living
https://youtu.be/yyvDp4R_T84 One in 20 Florida residents is 80 or older, and many of these senior citizens are in the process of moving into assisted living, memory care or retirement communities. Here's a look at strategies for Realtors looking to work within this real estate niche. Original Source
Riders, Addenda and Disclosures, Oh My!
ORLANDO, Fla. – If you don’t know already, there are several types of disclosures, riders or addenda that could be used in the course of a transaction. Will you have the same ones in each transaction? Probably not, as each transaction is unique. But knowing when a particular disclosure, rider or addendum should be provided … Continue reading Riders, Addenda and Disclosures, Oh My!