The Latest Must-Have Buyer Demand? Friendly Neighbors
The pandemic forced a lot of people to appreciate the benefits of a good neighborhood, and more are penciling that in as a shopping list must-have.
Many Still Think Flood Loss Is Covered by Property Insurance
If a lender doesn’t require flood insurance, many homeowners assume they don’t need it. But in S. Fla., Tropical Storm Eta’s visit shows it’s still worth consideration.
Global Biz: ‘Realtor’ Is Your Brand More than Your Brokerage
NAR speakers said that NAR’s bilateral agreements give Realtors a gateway into global business and a symbol of trust. Under the agreements, member organizations agree to abide by NAR’s Code of Ethics, which gives each group a deeper level of confidence.
Legal Q&A: Can a Board Reject Modifications That Don’t Fit In?
A member of an HOA’s Architectural Review Committee says some legit requests for home expansions “would look very different.” Is that reason enough to deny them?
The Two Minute Summary of the CDC’s Eviction Moratorium
As it currently stands, the CDC’s eviction moratorium ends on Dec. 31, 2020. The order, which may or may not be extended, is limited in scope.
Build Business on Data, Not Your Charm
According to Leigh Brown, most agents aren’t asking one game-changer question: “Hey, friend, what are the three things you’re looking for in the agent you hire?”
Demand for Second Homes Up 100% Year-to-Year
The number of people who locked-in mortgage rates for second homes – in spite of a pandemic-caused economic dip – suggests a K-shaped recovery.
NAR Reaches Agreement with DOJ on MLS and Commission Rules
The Dept. of Justice-NAR agreement isn’t finalized, but NAR says it will institute changes, such as making info on buyers’ agents’ compensation publicly available in the MLS and creating a definitive rule that buyers’ agents can’t represent their services as free.
Some Fla. Owners Will See Big Property Insurance Increases
State regulators approved about 100 rate-hike requests in 2020, with at least two close to 30%. But those are averages – a specific owner’s rate hike might be higher.
NAR President Apologizes for Past Racial Inequality Policies
The new president issued a formal apology, calling earlier policies “an outrage to our morals and our ideals. It was a betrayal of our commitment to fairness and equality.”