NAR released a summary of existing-home sales data showing that housing market activity this December, fell after two straight months of gains and was down 6.4 percent from November. Sales of existing-homes dropped 10.3 percent from December 2017. December’s existing-home sales reached a 4.99 million seasonally adjusted annual rate. The national median existing-home price for… Continue Reading December 2018 Existing-Home Sales
REALTORS® get your compensation agreement with your brokerage (and team) in writing ASAP...hot topics for your lawyer to include: What is your compensation split on commissions while you are at the brokerage/team? What is your compensation split on commissions if you leave the brokerage/team? This could include a real estate career move or retirement or… Continue Reading From Byron King: Get Compensation Agreement In Writing ASAP
https://www.nar.realtor/about-nar/policies/changes-to-mls-policy-statements-742-and-743-mls-of-choice During the 2017 REALTORS® Conference and Expo, NAR’s Board of Directors voted to adopt changes in MLS Policy giving licensees more flexibility in where they subscribe to MLS (aka “MLS of Choice”). That change went in effect July 1, 2018. Based on broker experience, the NAR Leadership Team recognized a need for additional revisions… Continue Reading From Byron King (July 2018) MLS of Choice
By Lee Davenport What are you learning that’s new? If you are stuck in the loop of your daily grind, then consider the beginning of the year as a perfect time to shake up the doldrums with something that will grow your business. But how do you know what you don’t know? Reflect on these… Continue Reading Questions to Ask When You Want to Generate More Business
With rising interest rates and commodity prices still depressed, land sales and land prices continued to increase, although at a modest pace, during October 2017 – September 2018, according to the 2018 Land Market Survey of the REALTORS® Land Institute and the National Association of REALTORS®, an annual survey of land practitioners. Land sales in… Continue Reading Land Market Shows Slow But Steady Growth in 2018, According 2018 RLI-NAR Land Survey
https://www.nar.realtor/events/mediator-mediation-training NAR offers some of the best mediator training classes in the world. This NAR mediation class will fill up asap, so apply asap if you are interested. If you have taken SCR mediation training or NAR mediation training or SC Bar mediation training in the past and are interested in becoming a SCR mediator… Continue Reading from Byron King: NAR mediation training in Chicago September 4, 5 and 6 2019
By Melissa Dittmann Tracey, REALTOR® Magazine A shipping container for hauling heavy freight in trains, trucks, and ships isn’t often associated with anything glamorous. But the housing industry wants to prove otherwise. Photos by: Rocket Lister, rocketlister.com This 3,000-square-foot home in Phoenix is made up of stacked shipping containers, but you’d never know it once you walked… Continue Reading Can a Shipping Container Home Be Stylish? Check This One Out!
SCR310 section 6 states that the buyer's transaction costs include...all costs to obtain information from or pertaining to any owners association (aka certificate of assessment). This is interpreted as the cost to obtain documentation about the seller's owners association issues and costs to investigate the owners association (e.g. getting the documentation on the seller's owners… Continue Reading From Byron King: HOA Fees and the SCR310 Contract
Risk management could lead you to possibly using one or all of these as your email signature or tailoring them to your risk management needs: WIRE FRAUD WARNING: Organized criminals may send fake email to trick you into wiring or electronically sending your money to them so they can steal your money. Always be suspicious… Continue Reading From Byron King: Sample Email Signature
A picture of an egg, The Miracle on the Hudson remembered, Brazilian spiders and much more, compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Just waitin’ in line for a burger. Which do you prefer on Instagram–an egg or Kylie Jenner? We prefer the egg. Using Alexa in an open-plan office–not a great idea. Newsflash,… Continue Reading What We’re Reading: January 14-18