What’s New

ANR Releases Shoreland Protection Act Handbook

This year, the Vermont legislature passed the Shoreland Protection Act, which aims to regulate activities within 250 feet of the mean water level of lakes greater that 10 acres in size in the state of Vermont. The act is designed to allow reasonable development along the shorelands of lakes and ponds while protecting aquatic habitat, water quality, and maintaining the …

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RESPA, Net Neutrality and Student Debt

In the first of a video series from NAR called The Voice for Real Estate, host Stephen Gasque looks at a big RESPA fine from the federal government, the potential impact on real estate from the FCC’s proposed net neutrality rule, and NAR’s initial look at the growing student debt problem. Gasque also provides an update on NAR’s latest existing-home …

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Negotiation Tips for Realtors®

Negotiation Facts According to the 2013 Profile of Home Buyers and Sellers, • 12% of home buyers most wanted their real estate agent to help with price negotiations (p. 62). • For all buyers, 44% said their real estate agents negotiated better sales contract terms, and improved buyers’ knowledge of search areas (p. 58). Successful negotiation is based on equal …

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Agency, Property Condition Disclosures, RESPA: Legal Insights

There’s a great new real estate risk management resource available on Realtor.org. The National Association of REALTORS® Legal staff recently introduced the online quarterly Legal Pulse Newsletter “where law and statistics come together to keep you informed on real estate liability issues.” The first edition examines three areas where licensees can face liability – agency, property condition disclosures, and RESPA, …

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Young Renters Say They Want to Own, But . . .

Most younger renters think owning is a more sensible housing choice for financial reasons, according to Fannie Mae’s new National Housing Survey. Seventy-six percent of young renters, defined in this study as between 18 and 39, think owning makes more sense because they’re protected against rent increases, and owning can be a good investment over the long-term. “However, a large …

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FHA Fees Taking Toll

Mortgage originations among borrowers in the 620 to 680 credit score range have plunged some 90 percent since the housing crisis in 2007 and still have far to go before they recover. One thing that’s holding back these borrowers is a series of increases in FHA’s mortgage insurance premiums. They’ve been raised five times since 2010 and today they cost …

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Keeping Clients’ Cabinets Safe

Securing prescription drugs during open houses is a precaution all REALTORS® need to remind sellers to prioritize during the selling process since they will be inviting the general public into their home to view it. There is big money to be made in the sale of certain prescription drugs, and open houses are among the easiest ways for individuals to …

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NAR, Realtor.com® Team Up to Launch Mega-Campaign

While REALTORS® have long been touted as the most reliable experts in the real estate industry, that message is about to descend on consumers in a much louder, more unified way, as the National Association of REALTORS® and realtor.com® prepare a joint media blitz calling attention to the power of the REALTOR® brand. For the first time, NAR and realtor.com® …

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Real Estate Knowledge for the Ages

I don’t know about you guys, but attempts to slice and dice consumers into demographics that matter often exhausts me. It seems every other day there’s a new book purporting to tell all about how the ____ Generation feels about ____. As someone on the cusp between two of these somewhat imaginary generational memes, life simply doesn’t feel that cut-and-dried. …

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Realtors® Unite for 2014 Boston Marathon

REALTORS® across Boston and the country are showing the #PowerofR in a big way as the 2014 Boston Marathon — and the one-year anniversary of the Boston Marathon bombings — fast approaches. This year, many REALTORS® — some for the first time — are pledging to run in the race one year after two bombs rocked the Boston Marathon, killing …

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Taking Root: New Garden Trends in 2014

Help your clients create a backyard oasis for low-maintenance entertaining and calming tranquility that’s sure to catch buyers’ eyes. While winter still casts its chill, blankets snow, and layers ice in many parts of the country, landscape experts are busy studying garden catalogs, nursery websites, and interior design trends that can work outdoors. Improving a home’s landscaping offers a win-win-win: …

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Senate Passes Flood Insurance With House Amendments

On March 13, 2014, the United States Senate voted 72-22 to approve the Homeowner Flood Insurance Affordability Act (H.R. 3370). The Senate acted quickly to pass the bill as amended by the House to avoid the need for a conference committee to reconcile any differences. The new bill further reins in and holds the Federal Emergency Management Agency (FEMA) accountable …

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