The Realtor, who is a licensed appraiser and a commercial real estate broker, conducted a lender-ordered appraisal for an owner looking to refinance. Afterwards, the owner decided to sell and hired same Realtor. Once under contract, the Realtor didn’t tell the buyer’s lender about serving as both the listing broker and appraiser. Did the Realtor have a contemplated interest when conducting the appraisal? Is this a violation of Article 11?
The VA asked mortgage servicers to continue a pause on foreclosures until Dec. 31 to help veterans at risk of losing their homes.
HB 1049 and HB 59, Florida Realtors' 2024 legislative priorities, address flooding disclosures and HOA regulations. HB 293 addresses HOA hurricane protections.
Post-transaction follow-ups boosts sales and a brokerage’s bottom line, so make it easier for your agents to engage their clients over time.
Contract signings retreated in all regions compared to the previous month and one year ago. The Midwest and West saw the largest monthly declines.
A new NAHB/Wells Fargo survey also found a typical family would have to pay 36% of their income for a median-priced existing home.
Embracing emerging trends allows agents to step ahead of the competition. Build a personal brand and increase referral-based transactions.
It can be confusing following all the moving parts of a financing contingency. Here’s a closer look at the contingency found in the Florida Realtors/Florida Bar contract.
Many real estate contracts allow buyers to “assign” their rights and obligations under the contract, and sellers can suddenly find themselves working with Joe rather than Sally. What’s a Realtor to do? Ask the right questions – and don’t give legal advice.
The Federal Housing Finance Agency said U.S. home prices rose 6.6% between Q1 2023 and Q1 2024. Home prices continue to grow at a steady pace.
