Artificial intelligence is shaking up how agents and brokers do business. But there are some legal pitfalls to watch out for. Artificial intelligence is enabling real estate professionals to streamline some of their work by generating instant responses to customers or even predicting the next client. But using the technology in your business comes with …
Tag: News
Sep 19
Law Supersedes Seller Confidentiality Requirement in Code
Latent material defects must be disclosed, despite an owner’s demand. Q: A few months ago, I had a transaction fall through because the home inspection revealed a cracked heat exchanger. The seller not only refused to fix it but also told me to not disclose it to any buyers or cooperating brokers. I told the …
Sep 18
How to Protect Your Clients in a Crypto Transaction
Digital forms of currency can pose significant risks to both buyers and sellers. Know the safeguards to put in place in case cryptocurrency is ever used in one of your transactions. While it’s still rare that buyers use a form of digital currency to purchase real estate, it’s happening in some areas of the country …
Sep 18
NAR Triumphs in REX Antitrust Lawsuit
Claims that NAR influenced how Zillow displayed listings in its website redesign were dismissed in federal court Wednesday. A federal judge in the Western District of Washington on Wednesday dismissed claims against The National Association of REALTORS® stemming from an antitrust lawsuit filed by REX (Real Estate Exchange Inc.). A culmination of a two-year battle, …
Sep 15
Relieve Confusion for Clients Who Don’t Speak English
You can comply with and promote fair housing laws by taking steps to avoid misinterpretations during a transaction. Proper protocols in your business can ensure nothing gets lost in translation when you’re working with clients who don’t speak English. The real estate transaction is already complex and full of opportunities for misunderstandings, but there may …
Sep 14
Looking at a loan option with 100% financing
Looking at a loan option with 100% financing? Talk to your agent today to see if a property you love meets the criteria. Ask Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage who have your best interests at heart! #USDA – USDA flyer
Sep 13
How much can a 2-1 buydown save you?
How much can a 2-1 buydown save you? These examples will help build a picture of how it works. Talk to your agent today on how to structure your offer. Ask Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage who have your best interests at heart! #2-1buydown – 2-1 buydown example
Sep 12
The DSCR loan may be an option to easily qualify
Thinking of investing in other properties? The DSCR loan may be an option to easily qualify without all the paperwork hassle. Reach out to Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage to see if you fit that window! #DSCRloan – DSCR loan example
Sep 11
2-1 buydown
How much can a 2-1 buydown save you? These examples will help build a picture of how it works. Talk to your agent today on how to structure your offer. Ask Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage who have your best interests at heart! #2-1buydown – 2-1 buydown example …
Sep 08
Ways to Shine on Instagram
Don’t just post listing photos on Instagram. Think outside the box to elevate your brand. Don’t just post listing photos on Instagram. Think outside the box to elevate your brand, says Danielle Garofalo, brand strategist and founder of ThinkBillionDollar.com. Use categories. In your bio, emphasize three or four interests, including those beyond real estate— for …
Sep 07
Smart Tech for Managing Rentals
Property management from your phone? Smart-home tech can help with that. Property management from your phone? Smart-home tech can help with that. Radha Herring, broker in charge at Watermark Real Estate Group in Myrtle Beach, S.C., receives alerts on her phone to flag potential problems with the beachfront home she owns and manages. For managers …
Sep 06
RPR® Supports MLSs During Vendor Outage
In markets affected by the cyberattack on MLS vendor Rapattoni, NAR members have another way to access listing data: RPR®. For real estate professionals still reeling from a multiple listing service outage across the nation, Realtors Property Resource® has been offering a lifeline: a way to access MLS data. Although its systems are beginning to …
