How much sellers spend to stage their home will vary by where they are and what they have done, but generally speaking they can expect to pay about $600. Staging tends to break out into three categories: 1) The consultation, which can run between $300 and $600, depending on home size, home location, and so… Continue Reading Is $600 for Staging Worth It? A Report Says Yes
New homeowners always have the best intentions when it comes to taking care of their house. However, no one is knows all the ins and outs of maintaining a home right off the bat, so avoidable mistakes are often made in the beginning. In an attempt to protect new countertops, many owners will apply sealant… Continue Reading Story Idea – Common Mistakes Homeowners Make With Good Intentions
WASHINGTON (July 12, 2017) — According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white Americans view the lack of available affordable housing as a big problem, compared to only… Continue Reading 84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern
WASHINGTON (July 12, 2017) - REach®, the growth technology accelerator operated by the National Association of Realtors®’ strategic investment arm, Second Century Ventures, was recently named among the top 30 accelerators in the U.S. by the Seed Accelerator Rankings Project, or SARP. Now in its fifth year, SARP is compiled by researchers from the MIT… Continue Reading REach® Technology Accelerator Named Among Best in Nation
John Blom By John Blom I’m often asked why I spend as much time as I do volunteering with the state (Washington REALTORS®) and National Association REALTORS®. There are many reasons, but perhaps the greatest is that I truly believe in the importance of homeownership advocacy at every level. I believe in the value of… Continue Reading Building Wealth Through Homeownership
Baseball’s best stars gather at Marlins Park in Miami tonight for the 88th MLB All-Star Game. Similar to the heat coming out of pitchers’ hands and off the bats of the game’s best hitters, Miami’s housing market is hot right now. Check out these stats courtesy of the Miami Association of Realtors on housing activity in May:… Continue Reading Bringing the Heat: the MLB All-Star Game and Miami’s Housing Market
Repair Procedure in SCR310 (commonly used for single family homes). SCR310 has a repair procedure in Section 8 and is useful for buyers who only want a property where the basic systems are operable. There is a Section 11 Wood Infestation Report in SCR310 that has a similar procedure for repairs for wood destroying organisms… Continue Reading Information about the SCR Residential Contract (SCR 310 and SCR 300)
Due to risks from LLR, any BIC should only disburse held good funds earnest money per these two recommendations: A disbursement agreement signed by all the buyers and all the sellers. Can self settle (split the money somehow) or use a mediator to assist with self settlement. A court order from a court of… Continue Reading How to deal with Earnest Money
The Legal Hotline is getting reports that buyer reps are not using DUE DILIGENCE correctly. This can increase the risks for the buyers rep to get sued, face ethics charges, and face license law violations. While there is no way to force a seller to respond to the repair request in DUE DILIGENCE (SCR311 due diligence addendum attached to… Continue Reading How to Use Due Diligence Correctly
LLR updated Residential Property Condition Disclosure Statement to account for license law defining "material adverse facts" which must be disclosed even if seller's refuse to disclose. Always best for listing brokerages to strongly persuade seller's to disclose on the seller disclosure. SCR listing agreements require seller disclosure. The new license law carves down the broad "material fact" which case law defined as basically… Continue Reading Notice about changes to the LLR updates the Seller Disclosure…SCR updates SCR230 (Seller Disclosure)