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Daily Archives: October 28, 2021

Condo Q&A: Is It Legal for HOAs to Have 50/50 Raffles?

Florida RealtorsBy October 28, 2021

Also: A condo owner lives in a 125-unit community, and was told they need a website and must post certain official records. Must they? And: An independent contractor/handyman doesn’t legally need workman’s comp insurance. Is it okay to use him?

Technology Delays Hurting Offices and Other Businesses

Florida RealtorsBy October 28, 2021

Time to update tech equipment? Good luck finding it at a reasonable cost. It’s taking up to 120 days to deliver some types of commercial computers.

3D Homes Going Mainstream: Lennar Building in Texas

Florida RealtorsBy October 28, 2021

In Austin, Lennar teamed up with ICON to build the largest community of 3D homes to date. The builder says the method will help it avoid current supply chain shortages.

Mortgage Rates Continue Heading North, Hit 3.14%

Florida RealtorsBy October 28, 2021

After floating in a just-below 3% range for months, mortgage rates headed higher for the past two weeks. The likely reason: Increased optimism and a drop in COVID cases.

NAR: Sept. Pending Home Sales Drop 2.3%

Florida RealtorsBy October 28, 2021

Chief Economist Yun: The overall market is still running comfortably ahead of pre-pandemic levels, and the drop is a sign of a “calmer home price trend.” However, there will continue to be less inventory through the end of the year – a normal fall drop following the summer months.

Condo Q&A: Lots of Questions About Committee Hearings

Florida RealtorsBy October 28, 2021

Also: The board passed a motion to do something and the meeting adjourned. Now a board member wants to cancel. How can this be done?  

Builders Seeking Alternative Materials for Faster Construction

Florida RealtorsBy October 28, 2021

Different supplies cost more but are cheaper than delayed closings, builders rationalize. They’re asking, “What else can I use?” for things like plywood and insulation.

Updates: Florida Realtors/Florida Bar Residential & AS IS Contracts

Florida RealtorsBy October 28, 2021

https://www.floridarealtors.org/law-ethics/2021-residential-contract-updates

Be on the Lookout for Fake Sellers

Florida RealtorsBy October 28, 2021

Scam alert: The pandemic led to an increase in online transactions, giving scammers a new window of opportunity: They’re contacting members as sellers who want to list their “home” – but it’s for a property they don’t actually own.

Duty to Cooperate: Do They Have to Call Me Back?

Florida RealtorsBy October 28, 2021

A listing agent told a buyer’s agent that they’d call back to follow up. But they didn’t. Is there a cooperation requirement that says an agent should always return calls and texts?

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