By Dale Swanton Millennials are all grown up! The generation that came of age around the turn of the century are now in their 20s and 30s. While generational groups can be difficult to define with any specificity, the Pew Research Center, one of the country’s leading research institutions, considers millennials to be those born… Continue Reading Attract and Retain More Millennial Clients
At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates were unchanged from last month at 4.99 percent this December, and up 18.2 percent compared to 4.22 percent a year ago. Housing affordability declined from a year ago in December moving the index down 8.4 percent… Continue Reading December 2018 Housing Affordability Index
To comply with pre-contract SC Vacation Rental Act disclosure to buyers/buyer rep: Send this written information: " Property __________________________________________________________ SC is subject to vacation rentals from _____________________, 2019 through ________________________ 20__." Send this written information to the buyers/buyer rep prior to contract via: Paper (delivered by US mail, courier, hand) Text Email Fax Seller Disclosure… Continue Reading From Byron King: SC Vacation Rental Act Compliance
By Melissa Dittmann Tracey, REALTOR® Magazine The fireplace is a hot home accessory to accent when a home is for sale, and a little staging can go a long way in giving it the attention it deserves. Staging and real estate professionals submitted some of their favorite staging photos and tips for our new slideshow,… Continue Reading How I Staged it: The Fireplace
https://www.nar.realtor/legal/irs-requires-reporting-of-cooperative-commissions IRS Requires Reporting of Cooperative Commissions Share Facebook Twitter LinkedIn Print The Internal Revenue Service (“IRS”) requires that listing brokers who pay a cooperative commission in excess of $600 to an individual who is not their employee must complete a Form 1099-MISC. While this is not a new law, it has come to NAR’s… Continue Reading NAR on 1099 coop brokers, referral brokers
NAR released a summary of pending home sales data showing that December’s pending home sales pace was down 2.2 percent last month and fell 9.8 percent from a year ago. Pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead existing-home sales data… Continue Reading December 2018 Pending Home Sales
https://www.nar.realtor/national-leadership/board-of-directors/meeting-policies-and-procedures/code-of-conduct-and-sexual-harassment-policy This NAR Code of Conduct and Anti-Harassment Policy (Policy) applies to all NAR-related meetings or events, whether held in public or private facilities, including meetings or events sponsored by organizations other than NAR and held in conjunction with NAR meetings or events, and any NAR member communications related to NAR business or with NAR… Continue Reading Behave at NAR meetings
By Anita Clark Real estate is a competitive industry, which means that finding some way to set yourself apart from your fellow agents can occasionally feel like a lost cause. But you don’t need to completely reinvent the wheel. Often, effective real estate promotion is just a matter of putting a unique spin on a… Continue Reading 7 Tips for Promoting Real Estate in 2019
What is trending in home design in the new year? The designers at Houzz chimed in with their top picks. Here are a few of their choices for top home decor trends: Photo by Caroline Sharpnack – Search kitchen design ideas Tile backsplash feature wall. More kitchens are using tile for an accent wall, taking… Continue Reading 7 Hot Home Design Trends to Watch in 2019
There were many new additions this year to NAR’s 2018 Commercial Member Profile, and among them was a look at commercial member’s primary service area and the type of property with which they work year around. Of NAR’s commercial members, 51 percent worked in sales, 16 percent in leasing, 12 percent in investment, and nine… Continue Reading In-Depth on NAR Commercial Members Work By Various Property Types