July 2022 PHS Falls to the Lowest Pace Since April 2020 NAR released a summary of pending home sales data showing that July's pending home sales pace weakened 1.0% last month and fell 19.9% from a... By: Michael Hyman Powered by WPeMatico
Instant Reaction: Mortgage Rates, August 25, 2022 With rates are nearly three percentage points higher than a year ago, buyers need to spend about $720 more monthly for the median-priced home. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
At a recent BICs meeting, the lack of professionalism in the marketplace was a common complaint. #1. Listing agents not acknowledging receipt of offers for extended periods of time (e.g., 1 week, 3 weeks) was a common complaint. Professionalism is a two way street so some listing brokerages recommended that buyer agents also increase their… Continue Reading Be Professional!
Cybercrime losses reached all-time highs in 2021, with more than $6.9 billion in reported losses according to the FBI's Internet Crime Complaint Center. While the media reports on major attacks, no organization is immune from cyber thieves. And, according to Aon Risk Services, ransomware attacks alone are up 323% from 2019 to 2021. In other… Continue Reading NAR Cyber Crime (Wire Fraud, More) Webinar, Register!
Google Translate on a Computer Can Possibly Translate Any Doc Into Any Language Have a buyer or seller or tenant or landlord who is not proficient in English? Google Translator can fill in until the consumer talks to their bi-lingual lawyer for legal advice translations. This link below or even a smartphone Google Translator App… Continue Reading Google Translate on a Computer Can Possibly Translate Any Doc Into Any Language
Hot Home Trend: 'Barbiecore' The iconic doll is inspiring home design with a new level of playful style. By: Melissa Dittmann Tracey Powered by WPeMatico
If you see solar panels on a property during your listing presentation or during a buyer showing, be on high alert, ask questions, get things in writing, call the hotline, and get the parties' attorneys working on the below issues asap. SCR310 requires the seller to convey a vacant property free of encumbrances or liens.… Continue Reading See Solar Panels on Listing Presentation or Showing? Be on Alert!
NC link: https://ncfarmlink.ces.ncsu.edu/heirs-property/ TV segment on SC heirs property. https://peabodyawards.com/award-profile/vice-on-showtime-losing-ground/#:~:text=In%20Losing%20Ground%2C%20VICE's%20Alzo,and%20ethically%20questionable%20legal%20mechanisms. Posted by: Byron King on 08/22/22 (This information is only accurate as of 08/22/22. You must contact SCR for updates and changes to this information after 08/22/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron… Continue Reading Heirs Property
10. Fair housing (ADA, service/support animals)9. How to do due diligence. (SCR lawyers can do training for your office) 8. Do not call laws. (Check your brokerage do not call list and federal do not call list before you call to solicit) 7. Register alternative first name with SCLLR SCREC (aka nickname use) 6. REALTOR®… Continue Reading Top Ten Hotlines July 2022
Existing-Home Sales Declined 5.9% in July 2022 In July 2022, existing-home sales fell for the sixth straight month, reaching a 4.81 million seasonally adjusted annual rate. By: Michael Hyman Powered by WPeMatico