Real Estate Agency News

Consider Using a Realtor When Selling Your Home

Home sellers who don’t use an agent are twice as likely as agent-assisted sellers to be unhappy with the results of their sale, says a study from Clever Real Estate. CRYSTAL RIVER, Fla. – Home sellers who choose to work without a real estate agent are twice as likely as agent-assisted sellers to be unhappy … Read more

Forms, Consumer Guides Available in Spanish

ORLANDO, Fla. – Florida Realtors® released six forms translated into Spanish to help Spanish-speaking buyers better understand the recent practice changes, providing Realtors® with additional resources to further build customer trust. Links to /law-ethics/nar-settlement-sitzer-burnett-lawsuit The resources you need to do business in the post-NAR settlement real estate industry. Learn more ► The forms are only … Read more

Demand for Second-Home Mortgages Fall

Mortgage-rate locks for second homes have dropped 13% since last summer – more than twice as much as rate locks for primary homes, Redfin reported. SEATTLE – Mortgage-rate locks for second homes fell 13.1% year over year in August to the lowest level since March 2016 on a seasonally adjusted basis, according to a new … Read more

Use Focus and Flexibility to Navigate Change

When change happens, stay flexible and focus on your strengths. Control your attitude and actions to thrive in real estate – pivot, provide value and adapt. LOS ANGELES – Imagine you woke up on a remote tropical desert island. No one is around. No restaurants. No Starbucks. No Wi-Fi. Everything completely changed. In an instant. … Read more

Down Payments at Record High

WASHINGTON – Homebuyers are putting down more money than ever to soften the blow of high mortgage rates, and in some cities, $400,000 down payments are now the norm. The typical down payment for U.S. homebuyers hit a record $67,500 in June, nearly 15% higher than a year earlier, according to a new Redfin analysis. … Read more

Claims of Guaranteed Savings | Florida Realtors

A Realtor advertised his services with guaranteed savings but was unable to provide it. The ethics panel deemed the slogan misleading, since savings couldn’t be guaranteed in every case. Dear Shannon: I am a passionate broker with a focus on helping buyers. I’m also an outstanding negotiator, and, almost every time when I represent buyers, … Read more

Florida Realtors Honors 2024 Award Winners

ORLANDO, Fla. – Florida Realtors® recognized Mike McGraw, 2023 Florida Realtors president, as its 2024 Realtor of the Year. The award – one of several – was presented Thursday during the state association’s annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla. The Realtor audience applauded as McGraw accepted the award from … Read more

Creating Brands That Lasts | Florida Realtors

Creating a memorable brand includes knowing your audience and communicating your business needs and expectations. NEW YORK – To create a lasting brand, it is more than just finding the right logo and color scheme, it’s about creating a unique and authentic feeling for home buyers and sellers that they will remember. The first step … Read more

New Listing Agreements, Buyer Rep Videos Up

The Florida Realtors legal team has released updated listing agreement forms and buyer representation videos to help Realtors prepare for settlement requirements. ORLANDO, Fla. — Florida Realtors® is committed to supporting you through the latest National Association of Realtors® settlement requirements effective August 17. We’re excited to announce new resources to help you stay compliant … Read more

Redfin: Typical Monthly Housing Payment Drops

Mortgage rates dropped to their lowest level in months. Four Florida cities lead the nation with biggest YoY median sale price increases and new listings. SEATTLE — The typical U.S. homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, $115 lower than April’s all-time high, according to a new report from … Read more