Housing Supply Overview The primary housing storyline for the past two years remains the same. Demand is high, supply is low and interest rates have been steady. There are a few signs that indicate an increase in the number of homes for sale in 2018. For now, inventory remains low in most submarkets. For the 12- month… Read more »
Read MoreOur contract with our MLS vendor is expiring and we have used the past few months as an opportunity to explore options available from other vendors. We are proud to announce that we have entered into a contract with CoreLogic to become your new multiple listing technology vendor. The launch date for the conversion will… Read more »
Read MoreWe had a great turnout for the Broker-In-Charge Update held at the Association Office on Wednesday. Here are a few of the highlights: President/CEO Peggy Hill gave a “Year In Review” that offered the following accomplishments Building renovation completed in May after a long 8 months’ construction New website launched in September with much improved… Read more »
Read MoreHousing Supply Overview Supply will dip for the remainder of the year, but there are some hopeful signs that we may see a bump in the new year. To say that more inventory will immediately impact housing markets is premature, especially if affordability continues to drop and prices continue to rise. For the 12- month period spanning… Read more »
Read MoreThank You for Giving to the RPAC Oyster Roast & BBQ Festival that was held on Thursday, October 12th. We would like to thank the following companies and individuals who generously donated to this event. Platinum Sponsor AirWorx Drone Media Solutions, Advantage Inspection, OnQ Financial, Western Upstate Keller Williams, Sierra Pacific Mortgage, Jackson Stanley,… Read more »
Read MoreCongratulations to the following members who were elected to serve on our 2018 Board of Directors at the membership luncheon on October 19th: Rozlynn Hood – Coldwell Banker Hugh Durham & Associates Carolann Newton – Jackson Stanley Realtors David Phillips – Silver Star Real Estate Members with unexpired terms who will continue to serve are:… Read more »
Read MoreEffective with June, 2018 renewal, every real estate licensee will need 10 hours of approved courses prior to renewing. The requirements break down as follows: Sales and Broker’s License (not BIC) 4 hours core (TRID Safely in a Flood of Disclosures is the only approved core course) 6 hours elective (any approved course or combination… Read more »
Read MoreHousing Supply Overview Low housing supply is both a month-over-month and now multiple year-over-year happening. Lawrence Yun, Chief Economist for the National Association of REALTORS®, has gone as far as saying that the national housing market is essentially stalled. For the 12-month period spanning October 2016 through September 2017, Pending Sales in the Western Upstate region were down… Read more »
Read MoreStandard of Practice 16-11 On unlisted property, Realtors® acting as buyer/tenant representatives or brokers shall disclose that relationship to the seller/landlord at first contact for that buyer/tenant and shall provide written confirmation of such disclosure to the seller/landlord not later than execution of any purchase or lease agreement. (Amended 1/04) Realtors® shall make any request… Read more »
Read MoreBe careful when bonuses to buyer reps are offered. If the seller is paying or providing the bonus, get the bonus out of the seller’s hands so the seller cannot renege after you have advertised the bonus. Best practice, seller and brokerage and law firm sign an escrow agreement that states what the bonus is… Read more »
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