VA To Allow Buyer Agent Commission Financing

As most of you know, the Veterans Administration offers our active and retired military up to 100% financing. They will now be offering the option to add the buyer agent commission to that financing package! See the article below. – Deb UPDATE (6/11/24) — The VA released temporary guidance today that allows Veterans to pay real estate agent commissions when …

NAR Factsheet 2024 Settlement Details

We understand that navigating through the vast amount of information can be overwhelming. Rest assured, we’re committed to staying informed and updated for the foreseeable future. For a concise overview, download this helpful NAR Factsheet. Click the link below to access it and gain valuable insights. Click here to download National Asociation of REALTORS factsheet.

Help Agents Explain the Importance of Written Buyer Agreements

Being a Broker, Managing Your Agents, Compensation Plans for Real Estate Agents, Working With Buyers, Legal By: Lee Nelson The Sitzer-Burnett verdict spotlights the need for more transparency when it comes to compensation. Help agents understand the importance of the written buyer agreement and how to communicate its value to their clients. The October 2023 Sitzer-Burnett verdict has reinvigorated the …

NAR Settlement 2024

By Lighter Side Staff Mar 19, 2024 You’ve probably heard the news that there are changes coming in terms of how real estate commissions are paid. This might sound exciting and like a potential game-changer for you as a home seller or buyer, with headlines proclaiming things like: “Real estate commissions are being slashed!” “Selling your house will now be …

7 New Real Estate Books That Should Be On Your Reading List

Whether looking for advice as a new agent, as an investor or as a seasoned agent, these new releases by established industry names can help push your business to the next level! BY LILLIAN DICKERSON REPRINTED FROM INMAN SELECT February 09, 2024 For those agents out there who are still sticking to New Year’s resolutions regarding their business, it may be the …

Put this ‘ONE Thing’ goal-setting strategy to work in 2024

‘The ONE Thing’ author Jay Papasan says goal setting to the now allows you to work backward from your long-term goals and figure out what you can do today to make them a reality BY JAY PAPASAN January 13, 2024 This January marks Inman’s fifth annual Agent Appreciation Month, which culminates at Inman Connect New York in a celebration of agents at the …

Shortcuts to Success: Listen & Learn from These 5 People

Stop trying to reinvent the wheel in your business. According to Jimmy Burgess, there are 5 people who already offer a roadmap to your professional destination. BY JIMMY BURGESS January 12, 2024 Who you listen to and learn from matters. These individuals set the tone for your thoughts, beliefs about what is possible and, ultimately, the actions you take. This …

16 NEW YEAR’S RESOLUTIONS FOR REAL ESTATE AGENTS IN 2024

Ah, the New Year. Within one day, the world hits a giant reset button, and you get to start all over again. And with the year we had, well, just about everyone could use a bit of a fresh start. The thing is, there’s a lot of uncertainty and speculation around where the housing market is headed. Therefore, there’s no …

Mortgage Rates Ease After Powell Weighs in on Impacts of Tightening

Hey Everyone! Deb Bailey here. Some GOOD news! I came across this great article by Matt Carter for Inman News and wanted to share. Enjoy! The Fed chair acknowledged that elevated term premiums — higher rates of return bond investors are demanding to compensate them for risk — could reduce the need for further rate hikes. BY MATT CARTER INMAN …

9 lessons most other agents are learning the hard way

Hey everyone! Deb Bailey here. We’re all looking for ways to build our business. I found this great article by Jimmy Burgess that I wanted to share with you. It’s a reminder that going back to the basics can help you build your business. While others are learning from their mistakes in today’s market, you don’t have to. Find out …

Enhancing Your Real Estate Journey: The Power of Multilingual Closed Captions

Are you ready to get started training for a career in real estate? Is english not your native language, are you hard of hearing or do you learn better while reading and listening at that same time?  We’ve been offering online training at New England Real Estate Academy since 2017. We’re committed to making our students the priority and finding …

Are you asking yourself “Should I get a real estate license?”

Whether you’re thinking about getting a real estate license in Massachusetts as a part time gig or jumping in full time, the first step is completing the 40 hour Massachusetts Real Estate Pre-License Course. To help you on your journey we have collected the top 10 Reasons To Become a Licensed Real Estate Agent Smart Money Moves: Imagine the financial …

Red Flag! 13 Things Agents Should Watch Out For When Being Recruited

Here’s what some agents who have recently made strategic moves have to say about keeping one’s eye on the prize when it comes to negotiating contracts with a new brokerage. By LILLIAN DICKERSON for Inman™ This article was last updated on May 2, 2023. It can be exciting and flattering for agents to be courted by a new brokerage when looking …

Real Estate Scams in today’s market

Real estate scams come and go, but there are two prominent scenarios in our market right now! The bad guy searches public records to find real estate that is free of mortgages or other liens – often vacant lots or rental properties – and identifies the true owner. Then he/she poses as the owner and contacts a real estate agent …

The Massachusetts Association of REALTORS® has released its housing statistics for February 2023

FOXBOROUGH, Mass. – March 20, 2023 – The Massachusetts Association of REALTORS® (MAR) has released its housing statistics for February 2023. Though closed sales fell year-overyear once again, the net percentage decrease has improved compared to previous months.This figure, coupled with nationwide trends on increasing inventory and reduced mortgage rates, spells some optimism for the Commonwealth’s housing market. MAR data …

Nearly Nine in 10 Metro Areas Posted Home Price Gains in the Fourth Quarter of 2022

February 9, 2023 Provided by: National Association of Realtors® Media Contact: Troy Green 202-383-1042 Key Highlights • Single-family existing-home sales prices climbed in almost 90% of measured metro areas – 166 of 186 – in the fourth quarter. The national median single-family existing-home price increased 4.0% from one year ago to $378,700. • The monthly mortgage payment on a typical …

What Does the Rest of the Year Hold for Home Prices?

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. One reason why is that record-low mortgage rates motivated more …

Experts Increase 2022 Home Price Projections

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original 2022 forecasts (shown in green …

What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]

Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions. If you have questions about buying or selling a home in today’s market, connect with an expert …

What’s Actually Happening with Home Prices Today?

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge is that it can be …

A Trusted Real Estate Advisor Provides Expert Advice

If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. The best way to make sure you get what you need is to work with an expert. Why …

A Window of Opportunity for Homebuyers

Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t a bad thing. In fact, …

What’s Causing Ongoing Home Price Appreciation?

If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is expected. That means home prices won’t fall. Here’s a look at two key reasons experts forecast continued price growth: supply and demand. While Growing, …

Why Are People Moving Today?

Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. While mortgage rates are higher than they were at the start of the year and home prices are …

A Real Estate Professional Helps You Separate Fact from Fiction

If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk the headlines so you can …

Things To Avoid After Applying for a Home Loan

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home loan. Don’t Deposit …