ORLANDO, Fla. — The Florida Statutes have an entire chapter just for real estate licensing. Within Chapter 475, there are many rules, some a bit quirky and not discussed frequently. There is a requirement that all listing agreements must have: a definite expiration date, description of the property, price and terms, fee or commission, […]
NEW YORK – Homeownership is a dream for millions of people across the globe. The National Association of Realtors® indicates real estate has historically exhibited long-term stable growth in value. Money spent on rent is money that a person will never see again. However, paying a traditional mortgage every month enables homeowners to build […]
News & Media By Amy Connolly WASHINGTON — The U.S. Small Business Administration (SBA) is encouraging business owners, homeowners and renters who suffered economic losses due to Hurricane Helene to apply for working capital disaster loans before the deadline on Wednesday (Nov. 27). Links to /about/charities/disaster-relief-fund Realtors helping others in times of need is […]
CHICAGO — The number of homes that fall under a homeowners association is rapidly growing, and real estate professionals play an important role in educating their clients about the pros and cons of HOAs. About 75.5 million Americans reside in a community that’s governed by a homeowners association, representing more than 30% of the […]
MIAMI – As water temperatures continue to rise due to human-caused climate change, hurricanes are getting stronger. That’s the conclusion of two new reports released this week by Climate Central. In the first report, all Atlantic hurricanes from the 2019 to 2023 hurricane seasons were analyzed. The report found that human-driven sea surface temperature […]
WASHINGTON — Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates. In September, its officials predicted that they would reduce their benchmark rate four times next year, on top of three […]
WASHINGTON — In 2024, Realtors® reported that their recent clients chose to move to a specific area primarily to be closer to family and friends (30%) and to get more home for the money (21%), according to a new report from the National Association of Realtors®. While available U.S. Census Bureau data provides information […]
TALLAHASSEE, Fla. — Florida Bar members should soon have access to a practical guide for using generative AI tools, the Standing Committee on Technology learned Wednesday. Miami attorney Karl Klein told the committee at a November 6 meeting that the guide should be available on LegalFuel: The Practice Resource Center of The Florida Bar’s […]
News & Media By Eliana Block CHICAGO – Real estate professionals need to be cautious about the business advice they receive —especially from so-called “experts” on social media — because solutions aren’t one-size-fits-all, particularly in the age of industry practice changes, Barb Betts, CRS, told attendees at NAR NXT, The Realtor® Experience, in Boston. […]
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WASHINGTON – On Nov. 26, the U.S. District Court for the Western District of Missouri will hold a hearing on approval of NAR’s settlement that would resolve nationwide class action claims related to broker commissions. The NAR legal team and Plaintiffs will be in Court to advocate for final approval of the NAR settlement. […]
News & Media WASHINGTON – Consumer sentiment in the U.S. improved slightly less than previously estimated in the month of November, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for November was downwardly revised to 71.8 from the preliminary reading of […]