At recent 2018 law firm training events, a law firm stated that they have received reports of real estate licensees facing discipline at the SC LLR Appraisers Board for "unauthorized practice of appraisal" arising when county tax assessors report real estate licensees for providing BPO/CMA/similar documents to property owners and property owners use these documents… Continue Reading Unauthorized Practice of Appraisal (The Price is Right)
Office dynamics, new land, and technology. Office meetings are inevitable, but they can be better. Do you find balance in your office friendships, or do you find yourself in awkward situations? You’re not going to get along with everyone you work with all the time, but you need to know how to move on from… Continue Reading What We’re Reading: June 4-8
In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate seller traffic as “Stronger” (100), “Stable” (50), or “Weaker” (0) and the responses are compiled into a diffusion… Continue Reading REALTORS® Report Continued Lack of Homes for Sale in April 2018
Samantha Jones By Samantha Jones Every year, Uncle Sam comes calling like clockwork in the spring. In the midst of our crazy spring market no less, and then comes the sticker shock. The inevitable cringing at how much I spent to run my business last year. At the end of the day, we are small… Continue Reading Caveat Emptor: Lessons Learned from Tax Season
Earlier this month, Wesley Shaw was introduced as NAR’s media manager of advocacy issues. Wesley will focus on advancing NAR’s public policy agenda through communications that benefit and inform consumers, Realtors, and government officials from across the country. He will also coordinate with media who cover legislative and regulatory developments that affect the housing industry.… Continue Reading NAR Welcomes Wesley Shaw to Advocacy Communications Team
The economy is quite strong. Job gains for 91 consecutive months have brought the unemployment rate to its lowest level since the year 2000. The latest unemployment rate of 3.8% in May corresponds to 155 million Americans with jobs and only 6.1 million without one and still searching. A very rare event is occurring in… Continue Reading No Breakout in Home Sales Despite Good Economy
In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic as “Stronger” (100), “Stable” (50), or “Weaker” (0) and the responses are compiled into a diffusion… Continue Reading Strong Employment Growth Continues to Underpin Homebuyer Demand in April 2018
By Melissa Dittmann Tracey, REALTOR® Magazine Color forecaster Pantone cited geometric patterns as one of the top home design trends to watch in 2018. Shapes and, in particular, circular ones are being showcased in more home decor. Greater use of bold, circular patterns are being infused into everything from accent pillows and rugs to wall… Continue Reading Hot Home Trend: Geometric Patterns in Décor
NAR released a summary of pending home sales data showing that April’s pending home sales pace was down 1.3 percent last month and fell 2.1 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 April 2018 Pending Home Sales
Dog whistles are intended to be silent for everyone except for a select few listeners. But in his best-selling book, Dog Whistle Politics: How Coded Racial Appeals Have Reinvented Racism and Wrecked the Middle Class (Oxford University Press, 2014), Ian Haney López seeks to transmit a message all real estate professionals should be listening for.… Continue Reading Learning to Hear the Dog Whistle