Realtor News

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Florida Realtors®, formerly known as the Florida Association of Realtors®, serves as The Voice for Real Estate® in Florida. It provides programs, services, continuing education, research and legislative representation to its 115,000 members in 67 boards/associations.
Updated: 13 hours 42 min ago

Condo Q&A: Who Does What After Association Repairs?

Thu, 10/31/2019 - 01:10
A condo association is tearing up lanai tile for a restoration but says the unit owner must pay to retile if they want it redone. Is that right? Also: An association received a subpoena to provide copies of leases as part of a divorce. Aren’t these private? Must they be provided?

When is a Special Assessment not a Special Assessment?

Thu, 10/31/2019 - 01:10
Three different sections of the Florida Realtors/Florida Bar contract cover special assessments. For buyers and sellers to figure out which section applies, they have to understand which entity imposed the special assessment – a condo association, HOA or other public body like a city or county.

Dear Anne: What Does ‘Withdrawn’ Really Mean?

Thu, 10/31/2019 - 01:10
Agent A “withdrew” a listing after she had a falling out with a seller who also refused to pay an agreed-upon cancellation fee. Two weeks later, Realtor B threatened to report her for not removing the listing, which he now planned to represent. He’s wrong, right?

Rising Home Prices Also Impact Related Businesses

Wed, 10/30/2019 - 04:10
Furniture and home décor stores, and remodelers report a drop in sales because buyers who go $10K over budget to purchase a home have less to spend after closing.

Fed Cuts Interest Rates by Quarter Point

Wed, 10/30/2019 - 04:10
The Fed has cut rates 1/4-point in each of the past three meetings but suggested it might not do so the next time. The cut impacts ARMs and may influence FRMs.

Fla. Court: Airbnb Doesn’t Pay Tourism Tax – Hosts Do

Wed, 10/30/2019 - 04:10
A Manatee County court cited a previous decision from a Palm Beach County court: Airbnb can’t be held liable for tourism taxes since it’s only a conduit for hosts.

It’s Halloween: Should Brokers Disclose Home Hauntings?

Wed, 10/30/2019 - 04:10
Do you believe in ghosts? Does the seller? The buyer? No Fla. law obligates agents to disclose a listing’s ghosts or poltergeists, but it’s not always that simple.

VantageScore Credit Checks Up 20% – But Not for Mortgages

Wed, 10/30/2019 - 04:10
The new credit-score rating model that incorporates borrower stats like on-time-payment of bills is making it easier for people with a limited credit history to obtain credit – but Fannie Mae and Freddie Mac have not yet approved its use for homebuyers. Buyers Can Now Do a Listing Photo Search

Wed, 10/30/2019 - 04:10
Calling it a “first-of-its-kind,” allows buyers to select preferences and browse listing photos that apply thanks to a tech tool that can analyze pictures.