Single-Family Home Sales Drop Slightly in November
Connecticut REALTORS® reports that the single-family residential home median sales price is $247,500 which reflects a 0.5 percent decrease from $248,750 in that same time period last year. Median indicates that half the homes sold for more and half for ...
FSBOs hit record low for third straight year
BY MARIAN MCPHERSON Inman Staff Writer For the third year in a row, for-sale-by-owner (FSBO) transactions accounted for only 8 percent of recent home sales, the lowest share that the National Association of Realtors (NAR) has recorded in its annual Profile of Home ...
A month in review: The August housing market (National)
The month was full of setbacks due to low inventory Key Takeaways by MARIAN MCPHERSON Inman Staff Writer Here's a recap of pending home sales, existing home sales, price indices and studies from NAR, S&P Dow Jones, Zillow and Trulia. Learn the New ...
5 Rules of Engagement For Requesting Repairs From Sellers
When buyers and sellers start going head-to-head, no one comes out a winner Key Takeaways It’s reasonable to ask for roof and termite clearances and that the home’s primary systems work. It’s not reasonable to ask for upgrades, abatement or ...
Short on listings or short on value? Reframing low inventory
Compete for Listings by Improving the transaction for Home Sellers SAN FRANCISCO — We are in the midst of the worst home listings shortage in 20 years, but if you’re an agent struggling to claim what’s available, it might be ...
7 reasons instant home purchase offers aren’t good for sellers
What seems like a convenient and easy solution masks some serious drawbacks Key Takeaways Instant home purchase offers aren't designed to benefit the homeseller; they are designed to benefit the investor or company. Sellers are positioned to get low offers ...
Real Estate Referral Fees: The Good, the Bad and the Ugly
The Common Business Arrangement could be Improved with Transparency Key Takeaways Helping a homeseller find the perfect agent adds value to the transaction. Consumers have a right to know if their agent is paying a referral fee and whether a ...
NAR has Clear Guidelines on Re-posting Listings on Social Media
By Susy Hurlbert In new member orientation this past month, the subject of sharing listings on social media came up. NAR has some clear guidelines on re-posting listings on social media. According to NAR's Model MLS Rules, MLS participants ...
The real estate transaction in 181 steps: What Your REALTOR does for you
Article Date: March 24, 2017 By Marilyn Lusher Sponsored by: Eastern Connecticut Association of REALTORS Surveys show that many homeowners and homebuyers are not aware of the true value a REALTOR® provides during the course of a real estate transaction. The list ...
When it comes to a wall-mounted television…does it stay or does it go?
The process of buying a home is a case study in the art of negotiation. Everything — from the purchase price to occupancy dates to the inclusion of appliances to “repairs” of issues raised during an inspection — are subjected ...