Condo Insurers Flee Florida
Insurers that remain are raising prices after the tragic Surfside collapse. Condo associations able to get policy renewals may face 30% to 50% premium increases.
Back-up Contracts: Short Rider, Lots of Questions
As a seller’s market persists throughout Florida, more buyers enter into back-up contracts. Although the back-up contract rider is short, a few questions regularly drive members to call Florida Realtors Legal Hotline.
More Buyers Compromise to Find a Suitable Home
Report: 80% of buyers say they now compromise on key features; the most common centers around costs, with 48% paying more than they first expected.
Housing Shortage, Rents Squeeze College Students
Rising rents, not enough student housing being built and other increasing college costs are causing “a perfect storm” for students in Fla. and other states.
Smart-Home Devices May Save on Home Insurance
Many insurers offer discounts – some up to 13% – to homeowners with smart-home devices designed to prevent water damage, fire or theft.
Must I Push and Probe for Representation Info?
Dear Shannon: A listing Realtor told a buyer at their open house about another one of their listings that sounded ideal for them – and the Realtor honestly informed the buyer that waiting to tell their current Realtor might lose them the home. Why is that wrong?
Use Your CRM to Close More Transactions
Agents can organize their contacts in their client relationship management tool, generate quality leads and schedule, send and track multiple email campaigns.
Strongest U.S. Job Market in Decades Worries Fed
The chair sees the job market’s strength as a key driver of rising prices – but it may let employers curtail costs by reducing job openings instead of layoffs.
Is FOMO Fueling the Real Estate Market?
Housing markets continue to run hot, despite rising interest rates and home prices. Some researchers worry a fear of missing out may be fueling the current trend.
Can Condo Board Shut Off Elevators in Emergency?
Condo Q&A: A board may apply a disaster plan before, during or after an emergency that includes shutting off elevators, air conditioners, electricity and more.