Home Offices Become Less Appealing to Homebuyers

Buyer demand dropped after employers started recalling workers to the office, and words like “cloffice” and “Zoom room” are appearing in fewer listings.
Read MoreFla. Insurance Agent Arrested for Stealing Premiums

An apartment complex with Hurricane Ian damage found it didn’t have flood or property insurance because its agent didn’t renew them and pocketed the payments.
Read MoreThe Anatomy of a Marketing Budget

How to best spend money marketing a listing? Since every listing is unique, every budget is too. These days, though, the biggest part often goes to listing services.
Read MoreFREC Publishes Proposed Affidavit Rule

The Florida Real Estate Commission has proposed wording for a new rule that includes affidavit forms that buyers must sign at closing.
Read MoreNAR Announces Leadership Transition

Nykia Wright becomes interim Chief Executive Officer on Nov. 20. The former Chicago Sun-Times CEO replaces Bob Goldberg, who plans to retire.
Read MoreMoney Stopped Flowing in Commercial RE

Recession fears and rising interest rates created caution in the commercial market. Lenders pulled back and, so far, 2023 has seen the slowest growth since 2011.
Read MoreFast-Growing Commercial Niche? Digital Data Centers

Artificial intelligence (AI) – really just a giant computer network – needs space to operate, making digital-data space a high growth commercial-market niche.
Read MoreDo Early Tech Adopters Have a Competitive Edge?

4 out of 5 RE investors and developers plan to boost their tech budget over the next three years because major complicated decisions increasingly require new tech.
Read MoreThinking About Dropping Insurance? What to Know

15%-20% of Fla. homeowners are dropping their property insurance and “going bare,” compared to the national percentage of 12%.
Read MoreCan My Building Ban Emotional Support Animals?

RE Q&A: Publix and other retail stores have started banning emotional support animals. Can a condo apartment complex do the same thing?
Read MoreWill the Fed Raise Interest Rates in Dec.?

While the Fed held interest rates steady at its meeting on Wed., the inflation fight continues. Consumers keep spending, the primary driver of higher prices.
Read MoreMortgage Rates Drop, First Time in 7 Weeks

The 30-year, fixed-rate mortgage averaged 7.76% this week, a slight decline from last week’s 7.79%. A year ago, the 30-year FRM averaged 6.95%.
Read MoreAvast, Mateys: ‘Title Pirates’ Wreak Havoc on Closings

Forged deeds, driver’s licenses, titles, etc., continue to grow as real estate-theft scams, in part because the tactic often works and, when it does, nets a criminal hundreds or thousands of dollars in fake real estate sales. They even have a name now: Title Pirates.
Read MoreSeller: ‘Can We Get Out of the Deal to Sell Our Home?’

It isn’t always a simple answer. A contract may offer advice, but buyers can sue for “specific performance.” And it’s not just the house – agents representing the buyer and/or seller may also deserve compensation.
Read MoreSolar Panels – Questions to Ask Before Contract

If a seller’s home has solar panels, they should research how those panels could impact their transaction before going under contract.
Read MoreAgents Must Send Copies of Escrow Checks – Right?

In a nutshell: Unless a contract states that a copy of an escrow deposit must be sent to the seller, a buyer or their agent has no legal obligation to do so.
Read MoreDisclose Status as an Owner and a Realtor

A Realtor sold personal property outside her brokerage as a FSBO (for sale by owner). After the sale, though, the buyer filed a complaint and she was found in violation of Article 12. If it’s a FSBO sale, how is that a violation?
Read MoreCitizens Gets OK to Move Another 125K Policies Out

Four private insurance companies received state approval to move policies, though the actual number will likely be lower. Slide will take the most – up to 75K.
Read MoreA Matter Smart Technology Home? Note It in the Listing

Samsung’s tech home organizer controls everything from a single app – a big draw for buyers who want a home that’s already set up for future technology upgrades.
Read MoreBiden Admin Releases Blueprint for AI Use

A 143-page Executive Order gives departments a timeline to create AI rules. HUD and CFPB, for example, have 180 days to focus on Fair Housing Act discrimination.
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