In a monthly survey of REALTORS®, respondents reported that properties were typically on the market for 42 days (36 days in October 2018; 40 days in November 2017), according to the November 2018 REALTORS® Confidence Index Survey.[1] Properties are staying longer on the market due to slower demand with mortgage rates rising and with new… Continue Reading Properties Typically on the Market for Longer Days in November 2018
The greatest Christmas movie ever made, a $3 million dollar Tiffany lamp, tracking down a stolen tiny house and much more compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Alexa makes shopping easy. Even a parrot can do it! Beware of a Netflix phishing scam. Offshore wind lease plots have just sold for $400 million.… Continue Reading What We’re Reading: December 17-21
First-time homebuying activity appeared to have picked up in November 2018, according to NAR’s November 2018 REALTORS® Confidence Index Survey, a monthly survey of REALTORS® about their monthly transactions. First-time homebuyers made up 33 percent of residential home sales of REALTORS® in November 2018, up from the 31 percent share in October 2018 and 29… Continue Reading First-time Homebuyers Increase to 33 Percent of Market in November 2018
Occasionally, you need extra space on a listing agreement or contract when there are quite a few sellers and or buyers. SCR390 is the Swiss Army knife of the SCR forms library. Almost anytime you need extra space for lawyer drafted language that is not in the form or SCR391 additional clauses addendum, SCR390 is… Continue Reading From Byron King: SCR390 Good for Adding Names and Signatures to Any SCR Form
By Jef Conn The end of 2018 is drawing near, so if you haven’t yet written your business plan for 2019, now is the time. Don’t worry if you’re reading this after January 1, you can start today and plan the rest of your year. Let’s keep it simple and plan your 2019 business in… Continue Reading Plan Your 2019 Business in 5 Easy Steps
Lead Vendor Problems SCR has received complaints from members about the quality of leads and their lead generation vendors and their lead vendor agreements. Some suggestions from SCR and NAR to help avoid problems with vendors: 1. Do your due diligence on vendors. Research the company. Ask for references. Check out the references. Check with… Continue Reading Lead Generation Vendors and Agreements
Sellers typically have the best notice of all HOA issues (e.g. mailers, neighbors talk and complain and organize and social media, meetings, bills, see the issues, live the issues). Always get a seller HOA disclosure and seller disclosure in the contract and transaction. Because of the above, sellers typically have more knowledge of the property's… Continue Reading Inspecting HOA’s
NAR Wire Fraud Video SCR wire fraud warning form: https://screaltors.org/wp-content/uploads/Forms/610.pdf Educate Consumers, Lawyers, Lenders, Staff Avoid email wiring instructions Avoid clicking links and attachments in emails that are not verified Use good cyber security
By Melissa Dittmann Tracey, REALTOR® Magazine Framing a home in a glow of lights can show off your holiday spirit and your home this season. Depending on how much you commit too, you could become the talk of the town. But there’s that fine line between magical glow of holiday spirit and, well, the one… Continue Reading Holiday Lighting Tips for Safety and Style
Please see the federal website link with the dates of the typically occurring ten federal legal holidays: (NYD/MLK/Wash/Memor/Indep/Labor/Colum/Vets/Thx/Xmas) https://www.opm.gov/policy-data-oversight/snow-dismissal-procedures/federal-holidays/#url=2018 SCR310 residential contract when counting 24 hour periods for business days, do not count any hours on Saturdays, Sundays, or Federal Legal Holidays. Posted by: Byron King on 12/14/18 (This information is only accurate as of… Continue Reading Federal Legal Holidays (Typically Ten of Them)