This form is used by a buyers agent when presently retained under a Buyer-Broker Representation Agreement by individuals seeking to acquire an interest in property, to renew the period of representation for no greater than three months from the date of renewal. 

This form is used by a buyers agent to be employed by individuals as their sole agent, to render services necessary to acquire property for a period of time no greater than three months.

“The rent is too damn high,” famously proclaimed New York City perennial candidate Jimmy McMillan. The latest analysis from Harvard University’s State of the Nation’s Housing 2024 report suggests those who share McMillan’s views are unlikely to change their tune.  The report, tracking data up to Q2 2024, includes three major takeaways when it comes…The post Rental Markets Cool—but Not to Pre-Pandemic Levels appeared first on RISMedia.

Consumers reported significantly greater optimism about the future direction of mortgage rates, despite showing little change in overall home buying sentiment, according to Fannie Mae data.  Fannie Mae Home Purchase Sentiment Index® (HPSI) for August increased 0.6 points to 72.1, up 5.2 points year over year. Fannie Mae added that a high of 39% of…The post Fannie Mae: Most Consumers Remain ‘Apprehensive’ About Housing Market appeared first on RISMedia.

In re: Colyear v. Rolling Hills Facts: A homeowners’ association (HOA) wants to trim trees on a parcel within the HOA to protect the view of other parcels. The covenants, conditions and restrictions (CC&Rs) on the parcel do not contain a tree-trimming provision for protecting the scenic views of other parcels in the HOA. Another […]

This is the final episode of our video series covering the right of survivorship among co-owners, and how a right-of-survivorship vesting is severed.

Paying off a mortgage is a momentous financial achievement. It can happen during the process of selling a home or before. During a sale, homeowners often ask me when they should stop paying a mortgage. My guide will walk you through the entire process, from understanding your mortgage terms to updating your records. I will…The post Understanding the Home Mortgage Payoff Process: A Complete Guide appeared first on RISMedia.

The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9 in July, while the Present Situation Index—based on consumers’ assessment of current business and labor market conditions—improved to 134.4 from 133.1.  The Expectations…The post Consumer Confidence Up Slightly in August Due to Economy and Inflation appeared first on RISMedia.

Probate in real estate refers to the legal process of transferring property after a homeowner’s death. This process involves validating the deceased’s will, settling debts and distributing assets to heirs. Understanding probate is crucial for buyers, sellers and inheritors of real estate. Understanding estate planning for the family should never be overlooked. My guide will…The post What Is Probate in Real Estate? appeared first on RISMedia.

The seventh episode in our new video series covers how a deceased joint tenant’s interest in a property is cleared from title before the surviving joint tenant(s) sells, leases or encumbers the property as the sole owner.

Would you like excellent moving tips for the summer? Moving after selling your home in the summer can present unique challenges and opportunities. The warm weather, peak moving season and specific logistical considerations all play a role. My guide will teach you to manage these factors effectively to ensure a seamless transition. I will provide…The post Tips for a Smooth Move After a Summertime Home Sale appeared first on RISMedia.

With the release of Real Estate Webmasters’ (REW) newest CRM, the leading real estate technology innovator has leapfrogged every other “all-in-one” real estate platform to take the No. 1 spot in the combined website, lead generation and CRM space, according to the company.  “When Zillow acquired Follow Up Boss (FUB), I knew it was time…The post Real Estate Webmasters’ Summer of Innovation Empowers Customers With the Tools and Knowledge They Need to Excel appeared first on RISMedia.

Closing a deal for your client feels like crossing the finish line, but there’s always the potential for the contract to fall through somewhere along the way.  Bright MLS, the second-largest multiple listing service covering the Mid-Atlantic region, wanted to know how concerned REALTORS® should be about this—a question that drove its recent report, “Getting…The post Are We Seeing More Contracts Fall Through? appeared first on RISMedia.

Selling a condo involves unique challenges and considerations. My guide will explore navigating HOA rules, understanding special assessments and necessary disclosures. I will also provide insights on how long it takes to sell a condo and the best times based on location and seasonality. From my thirty-eight years of experience, you will also get specific…The post Common Challenges in Selling a Condo: A Comprehensive Guide appeared first on RISMedia.

The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, according to the latest data from the U.S. Bureau of Labor Statistics. The Index measures the costs of goods and services across the American economy so as to track inflation levels; as such, it is…The post Latest CPI Data Shows Lowest Inflation Since 2021 appeared first on RISMedia.

Interest rates are critical in the real estate market, especially in selling condominiums. Understanding this impact can help buyers, sellers and investors make informed decisions. Introduction to interest rates and condo sales Interest rates are the cost of borrowing money, typically expressed as an annual percentage of the loan amount. They influence the affordability of…The post The Impact of Interest Rates on Condo Sales appeared first on RISMedia.

The sixth episode in our new video series covers how a co-owner vested as a joint tenant or as community property with the right of survivorship unilaterally severs the right of survivorship.

Selling a home can be challenging, but with the right seasonal strategies, you can make your property stand out. Whether it’s fall, winter, or the holiday season, tailoring your home to the time of year can attract more buyers and potentially speed up the sale. I have put effort into giving you the best advice…The post Seasonal Home Selling Tips: How to Prepare Your Home for Sale in Any Season appeared first on RISMedia.

Fannie Mae has released its latest Home Purchase Sentiment Index® (HPSI), tracking changes in consumer attitude over the month of July 2024. That month, the index decreased 1.1% to 71.5, suggesting an overall lack of enthusiasm. Changes in consumer responses are minute but indicative of a negative trend. Key details: 17% of respondents said that…The post Fannie Mae Update Says Potential Homebuyers are Frustrated by Market appeared first on RISMedia.

With just over a week before the changes agreed to by the National Association of REALTORS® (NAR) in its lawsuit settlement go into effect, the Consumer Federation of America (CFA), a non-profit that has been sharply critical of the real estate industry, released guidance aimed at consumers ostensibly meant to help buyers and sellers through…The post Consumer Advocate Group Highlights ‘Opportunities and Risks’ of NAR Settlement appeared first on RISMedia.