Zillow Offers soon to be available in eight markets nationwide By Jeff Sorg, OnlineEd Blog (December 12, 2018) Home sellers in Charlotte, N.C. can use Zillow Offers to request a cash offer from Zillow to buy their home. “We couldn’t be more excited to bring Zillow Offers to our first North Carolina market today,” said Zillow […]
Legalized marijuana occupies a special niche as a state-legal but federally-illegal product and industry. By Jeff Sorg, OnlineEd Blog (December 1, 2018) (PORTLAND, Ore.) OnlineEd – State legalization of marijuana should be of special interest to real estate professionals across the country because it has raised issues for both residential and commercial properties. In states such as Colorado […]
Oregon Principal Broker Advanced Practices – Required for the first renewal of a principal broker license If your principal broker license expiration date is after July 1, 2019, and you will be renewing your active license for the first time, you will have to take the 27-hour Principal Broker Advanced Practices course. If your first principal broker license renewal was in inactive […]
The National Association of REALTORS® has moved their Code of Ethics requirement to a 2-year cycle ending December 2018. By Jeff Sorg, OnlineEd Blog (November 8, 2018) (PORTLAND, Ore.) OnlineEd – REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within two-year cycles. The training must meet specific learning […]
Principal brokers with a license expiration date after July 1, 2019, renewing a for the first time must take the 27-hour Principal Broker Advanced Practices course. By Jeff Sorg, OnlineEd Blog (November 2, 2018) (PORTLAND, Ore.) OnlineEd – Principal brokers with a license expiration date after July 1, 2019, who will be renewing their active license for the […]
Price cuts indicate homes are sitting on the market longer – which means more options for buyers, less competition for homes and more room for buyers to negotiate. Many recently white-hot markets have seen large jumps in the share of for-sale listings with a price cut.
The Licensee’s Duty of Care Requires a CMA Before a Seller Lists or a Buyer Offers. By Jeff Sorg, OnlineEd Blog (October 25, 2018) (Portland, Ore.) OnlineEd® – As a part of a licensee’s fiduciary duty of care, a Comparative (or Competitive) Market Analysis (CMA) should be prepared before a listing price is established with a seller […]
FHA is instructing lenders to provide a second independent property appraisal in cases where FHA determines there may be inflated property valuations.
Despite slowing home-value appreciation, it could take until 2020 to see the market change. By Jeff Sorg, OnlineEd Blog (August 28, 2018) According to the 2018 Q3 Zillow® Home Price Expectations Survey, sellers will continue to have more negotiating power than buyers, at least until 2020. The quarterly survey is sponsored by Zillow and conducted by Pulsenomics LLC, […]
Existing-home sales fell in July 2018 to their slowest pace since February 2016, according to a report by the National Association of Realtors®(NAR).