Reports to the hotline are that the courts are pandemic backed up for weeks/months so foreclosures, evictions, and ejectments can be delayed even beyond the CDC eviction moratorium due to be lifted/extended in 2021. Due to these reports of delays, owners needing to provide early/late/occupancy or evict/eject/foreclose may want to be recommended to obtain legal [...]
Regarding the current NAR Legal #1 Broker Risk "WIRE FRAUD" please watch the SCR video on this issue and review the SCR610 WIRE FRAUD form (consider providing this SCR610 form like candy in addition to your email signature too perhaps). https://www.youtube.com/watch?v=2nQLCom9U8c https://www.screaltors.org/wp-content/uploads/Forms/610.pdf Pass the word on WIRE FRAUD to consumers, lenders, contractors, media, lawyers, brokerage, [...]
https://www.nar.realtor/legal/hot-topics-for-brokers 1. Wire Fraud 2. Cold Calling and Texting Leads/Consumers 3. Your websites are not ADA compliant for sight impaired users 4. Fair Housing - including new ban on harassing/hate speech, slurs, epithets 5. Multiple Offers - seller controls - SCR312 highest and best 6. COVID-19 issues 7. MLS Clear Cooperation Policy cure to Off [...]
Jobless Claims Rise, Total Claims Continue to Fall The unadjusted new jobless claims totaled 743,460 in the week ending November 14, an increase of 3% from the previous week. By: Nadia Evangelou Powered by WPeMatico
REALTORS® Confidence Index: October 2020 REALTORS® report “Covid and elections” as the major issues affecting transactions in October 2020. By: Brandon Hardin Powered by WPeMatico
More Homebuyers Purchasing Property in the Suburbs NAR’s October REALTORS® Confidence Index Report indicates that there is a demographic shift from the cities to the suburbs, or to smaller counties. By: Scholastica (Gay) Cororaton Coronavirus Powered by WPeMatico
Weekly Retail Update: November 20, 2020 Temporary retail store closures experienced earlier in the year have returned. By: Brandon Hardin Coronavirus Powered by WPeMatico
October 2020 Existing Home Sales Climb to 6.85 Million Housing market activity this October increased 4.3% from September 2020, and sales of existing homes jumped 26.6% from October 2019. By: Michael Hyman Powered by WPeMatico
Instant Reaction: Quarterly E-Commerce Seasonally adjusted estimates of the U.S. retail e-commerce sales for Q3 2020 decreased from the Q2 2020 estimate of $211.5 billion to $209.5 billion. By: Brandon Hardin Powered by WPeMatico
Instant Reaction: Mortgage Rates, November 19, 2020 Mortgage rates hit another record low this week for the thirteenth time this year. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico