Four of the ten most valuable housing markets are in California – Los Angeles, San Francisco, San Jose, and San Diego By Jeff Sorg, OnlineEd Blog (January 3, 2019) (SEATTLE) Jan. 3, 2019 /PRNewswire/ – The U.S. housing market is more valuable than ever, worth a cumulative $33.3 trillion in 2018. Since the market hit its lowest point in 2012, it has […]
“Rapid price increases have affected the marketplace.” By Jeff Sorg, OnlineEd Blog (December 18, 2018) WASHINGTON (December 18, 2018) National Association of REALTORS®– New findings from a National Association of Realtors® survey show that despite a favorable view on the economy and the direction of home prices, the sentiment on home buying continued to diminish at […]
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.