Does a Short, Simple Clause Answer the 5 W’s?
Clients want to add a simple clause to a contract? It isn’t always simple. When parties add short clauses to their contracts, there can be pitfalls if the clause lacks detail.
What Happens to Pending Sales if Agents Leave?
Lots of confusion over this one: What happens to an associate’s pending transactions if they depart one brokerage to work for another – do they stay with the original broker or transfer? Fla. law doesn’t offer rules, so it’s important to have a plan.
Worst Part of a Cyberattack? Getting Sued
What if a savvy hacker accesses your customer’s data? It’s not just a technology question. Affected customers may file a lawsuit and demand to know what steps you took to prevent cyberattacks.
Realtors Selling Their Own Property: Still Bound to Follow the Code?
Dear Shannon: If a Realtor sells a home they also own, are they still subject to the obligations of the Code of Ethics? What if a Realtor isn’t acting on behalf of others in the transaction?
Mortgage Rates Pull Back this Week, Drop to 5.3%
In spite of the Fed’s 3/4-point interest rate increase on Wed., the average rate for a 30-year, fixed-rate mortgage fell to 5.3% from last week’s 5.54%.
State Offers Plan for Insurance Rating Problems
The Fla. agency that backs policies after an insurer bankruptcy will work with Citizens to keep state insurers solvent if Demotech ever again threatens to lower ratings.
Fed Message: No Recession, Worst May Be Over?
The chair had harsh words for inflation but also said rate increases seem to be having an effect. He seemed to say the U.S. is closer to the end than the beginning.
Orlando a Hot Market for All-Renter Neighborhoods
National Rental Home Council: Built-to-rent single-family developments made up 3% of rental home inventory in 2019; by the end of 2021, it rose to 26%.
N.J. to Companies: Make Workers Return
f N.J. granted tax breaks to convince a company to relocate, it says it expects the employees to frequent local businesses – not work remotely from states like Fla.
Fla. Lists ‘Average Insurance Premiums’ by County
At $6,729, Monroe County’s average premium tops the list, while Sumter County is the state’s most affordable for property insurance with an average $1,438.