Featured Classes and Events
Ready for REvive?
In the spotlight at the 5th annual Real Estate REvive Conference & Expo this Thursday, March 30, are political analyst Donna Brazile, FBI agent Michael Sohn on cyber crime, Economist Leslie Appleton-Young, motivational speaker Terry Watson, an all-star legal panel, and C.A.R.’s Geoff McIntosh as emcee. READ MORE
Appraisals are crucial to the real estate industry, yet a shortage of appraisers has some worried.
An N.A.R. survey reports that appraisers are worried about the rise of automated appraisals and are not happy with appraisal management companies.
Trump Signs Order to Dump Clean Water Rule
The REALTORS® Land Institute (RLI) applauds President Trump for signing an Executive Order that begins to unwind the Obama administration’s controversial Clean Water Rule. The regulation was written by the U.S. EPA and the Army Corps of Engineers to clarify the reach of federal regulators over wetlands and waterways under the Clean Water Act. READ MORE
One CPA offers a list of questions that REALTORS® should ask themselves at tax time, since many who think they’re doing a good job keeping the books, “often fail to capture all their expenses.”
MLS 2nd Quarter Fee – Statements have been emailed, due by this Friday, March 31. Click here to pay
Good Neighbor Awards – Deadline May 12. Nominate yourself or a fellow REALTOR® for their impact on their community, on the national or world stage, or as a volunteer.
Hottest Coastal Cities – The San Diego-Carlsbad area made the list, the only Western city in the Top 10.
Home loans – Increased to 57% in February, up from 53% in January (Origination Insight Report released by Ellie Mae®).
Bogus Email Referrals – Click the video to see what to do if you get a bogus referral from a REALTOR® who’s been hacked:
Win a $250 Gift Card
One lucky REALTOR® will win a $250 Amazon gift card by signing up for the REALTOR® Party Mobile Alerts Program before April 30. To enter this contest, simply text the word REALTORS to 30644 to sign up and get calls for action sent directly to your mobile device! Rules apply.
In Case You Missed It …
The Flippers Have Returned!
READ MORE and see a related story in this issue.
So a buyer is looking at a “remodeled” home … was the work permitted? Were damaged materials replaced or just hidden? As more amateur flippers get in the game, it’s more likely there will be violations. So if the plan is to buy a flip, make sure you follow these tips. READ MORE
Virtual Staging – Is It Misleading?
Using pictures of real rooms and changing the design elements or creating virtual renderings for new-construction homes that do not yet exist isn’t a new concept in real estate–and it isn’t without controversy. But the technology and practice has made such significant strides many REALTORS® are using virtual staging services. READ MORE
FED Raises Interest Rate – Interest rates increase to 1%, based on a strengthening labor market and economic activity.
Tax Deductions – How to write off BBQ’s and pool parties like the top 1%, C.A.R. Webinar March 21.
Equifax, Experian, and TransUnion – Tax lien and civil judgment data are being removed from some consumer credit records.
Millennials and Gen Xers are most likely to house shop online, and buy their home using a real estate agent.
CA Median Home Price – $478,790 for February 2017, up 7.6% from February 2016.