Floridarealtors.org [2021]

Florida Realtors News Florida Realtors

Florida Realtors is dedicated to keeping real estate professionals in the know with market reports, legislative changes, industry trends and more through our Florida Realtors News service. Along with a five-times-a-week daily email newsletter, we curate all the latest state, national and international news affecting Realtors here on our website

Actived: 4 days ago

URL: https://www.floridarealtors.org/news-media/florida-realtors-news

What is the Florida Real Estate Commission (FREC)

(5 days ago) The Florida Real Estate Commission (FREC) was created to educate and regulate real estate licensees. The commission has seven members appointed by the Governor and confirmed by the Senate. Four FREC members must be licensed real estate brokers, who each must have held an active license for five years before they join the commission.

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A Detailed Look at Florida Real Estate Licensing Law

(4 days ago) Real estate agents should advise prospective buyers to consult their attorney on the merchantability of the title or to obtain title insurance. Real estate agents or brokers can be subject to discipline (and could even have their license revoked) for rendering an opinion about a title.

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About Florida Realtors Florida Realtors

(7 days ago) In 1916, 68 real estate brokers from 16 Florida communities gathered in Jacksonville for their first convention. That first meeting marked the beginning of a vision and an ongoing mission to serve the Realtors of Florida and the people who make their home in the Sunshine State.

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Free Infographics for Realtors Florida Realtors

(5 days ago) Learn and Share: Infographics for Realtors. Check out Florida Realtors' collection of educational infographics — ready for you to download and share on social media, in your newsletters and directly with clients. Topics run the gamut, from how to stage a house to easy visual step-by-step explanations of real estate transactions.

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Florida Housing Market Reports by State, County

(4 days ago) All the real estate metrics, charts, and data you need to master your market — branded to YOUR business and accessible on desktop, laptop, and mobile. Learn more CLICK THE LINK!

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The Real Estate Market Isn’t in a Bubble – It Just Isn’t

(8 days ago) The Real Estate Market Isn’t in a Bubble – It Just Isn’t But it’s just too much demand and too little supply. NEW YORK – The U.S. housing market is on a hot streak with double-digit annual gains in home prices, bidding wars and surging buyer demand.

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NAR, DBPR, FREC – Who Does What

(2 days ago) The Florida Real Estate Commission (FREC) is the state organization that educates and regulates real estate licensees. There are seven commissioners appointed by the Governor of Florida and confirmed by the Senate. Five of the commissioners must hold real estate licenses, while two of the commissioners must be people who have never been licensees.

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Forms Descriptions Florida Realtors

(4 days ago) Monthly Reconciliation Statement Real Estate Trust Account (MSR-5) This form may be used for the required monthly reconciliations of the broker’s trust accounts. Monthly Reconciliation Statement Real Estate Trust Account Addendum (MSRA-1) This form is an addendum to MSR-5.

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Where to Find Continuing Education Classes for Realtors in

(2 days ago) The Realtor University is the exclusive provider of online courses leading to NAR's official designations and certifications — ABR, AHWD, BPOR, e-PRO, CIPS, GREEN, RSPS, SFR and SRES. Realtor University also offers more than 400 hours of real estate and professional continuing education courses to help members build skills.

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Probate Real Estate: What You Need to Know Florida Realtors

(3 days ago) Probate real estate typically involves: One house (the primary residence of the deceased). One or more heirs of the decedent (spouse and/or adult children) who are motivated to sell the real estate. The heirs list the property and eventually agree to a contract with a buyer. The heir (s) will retain an attorney to handle the probate, or the

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A Path for Associates to Form a PA, LLC or PLLC Florida

(Just Now) Please note that this applies ONLY to sales associates and broker associates, not brokers of real estate brokerage firms. Before we walk through the steps, let’s review the law that allows associates to form entities. Section 475.161, Florida Statutes, is a brief paragraph titled “Licensing of sales associates and broker associates.”

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Online Licensing Florida Realtors

(9 days ago) Online proctored testing for real estate sales associates, brokers, instructors and appraisers began Aug. 4, 2020. Here's what you need to know.

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2021 Legislative Final Report Florida Realtors

(Just Now) Preventing unlicensed real estate activity — The Legislature allocated up to $500,000 to combat unlicensed real estate activity. Effective: July 1, 2021. Effective: July 1, 2021. Community association improvements — Senate Bill 630 ensures Realtors and other essential workers have the access needed – even during a declared state of

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Eviction and Foreclosure Moratoriums Extended to July 31

(8 days ago) The CDC extended the federal eviction moratorium for another month, from June 30 to July 31, further frustrating landlords. However, CDC also said it’s likely that this new deadline will be the last one. FHFA also announced that its foreclosure moratorium was extended to July 31.

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Closing Open and Expired Permits Florida Realtors

(2 days ago) It is not uncommon for a real estate licensee to be involved in a transaction where an open or expired building permit is found during the time between contract and closing. In certain instances, these permits are over twenty years old. The concern then becomes how to successfully close these permits so that the property may be conveyed to a

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Understanding Florida's Homestead Exemption Laws

(2 days ago) Blake F. Deal III, Esq., is a Jacksonville-based real estate attorney. He served as an instructor for the Contracts and Listing Agreement classes for the Northeast Florida Association of Realtors for over 15 years and concentrates his practice in the areas of residential and commercial real estate and property tax law.

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Fla.’s Housing Market: More Sales, Higher Median Prices in

(1 days ago) The statewide median sales price for single-family existing homes was $314,900, up 16.6% from the previous year, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations. Last month’s statewide median price for condo-townhouse units was $233,240, up 16.6% over the year-ago figure.

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Few Listings = Bidding Wars Off the Charts Florida Realtors

(7 days ago) Few Listings = Bidding Wars Off the Charts. The spring housing market unofficially began over Presidents Day weekend, and NAHB reports that 40% of potential buyers say they’ve been outbid at least once. NEW YORK – The spring housing market season unofficially began last Presidents Day weekend, but experts warn that an uptick in buyers may

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How to Get Your Florida Real Estate Broker License

(8 days ago) Your initial real estate broker’s license expires in 18 to 24 months, depending on the date you pass the state real estate exam. The expiration date is located on the bottom of your license. Before your license expires during the first renewal cycle, you must complete and pass a state-approved 60-hour course curriculum.

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New Fla. Laws Go into Effect on July 1 Florida Realtors

(4 days ago) TALLAHASSEE, Fla. – Florida Realtors® advocated for a number of issues in the 2021 session of the Florida Legislature, including three that were signed by Gov. DeSantis and go into effect on Thursday, July 1. Property insurance: The first, SB 76, is a comprehensive property insurance bill that implements several measures intended to address

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When Will the Market Slow Down

(6 days ago) The real estate market is cyclical, but the next slowdown might take longer than you think. Most experts predict “boiling” well into 2022 or even 2023. FORT LAUDERDALE, Fla. – After almost a year and a half of intense demand for houses, the real estate market in South Florida shows no signs

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Terms & Conditions Florida Realtors

(7 days ago) use in Florida Realtors members' real estate business provided such use conforms to any usage terms posted on the website other uses where express written consent is obtained from Florida Realtors (including consent posted on this website) and such use …

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Commercial 2021 Forecast: A Rebound in All Sectors

(9 days ago) Calvin Schnure, the National Association of Real Estate Investment Trusts’ (NAREIT) senior vice president of research and economic analysis, said that the trajectory of commercial real estate recovery in 2021 will be different from previous recoveries after economic downturns – specifically he expects a much faster recovery.

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Drone Use May Be on the Rise Florida Realtors

(6 days ago) WASHINGTON – Real estate pros increasingly use drones to capture aerial photos and videos of their listings or even the interiors – and new Federal Aviation Administration (FAA) rules may allow even more use going forward. The FAA recently eased some restrictions and expanded some drone rules by authorizing operations at night, as well as

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What is Florida Realtors' MLSAdvantage and Why to Use It

(Just Now) The key benefit of MLSAdvantage is that it allows MLS participants the ability to view listings outside of their MLS without the need to join other MLSs, reducing participants’ costs and administrative burden. In addition, MLS Advantage is rich in functionality and integrated with other applications. Members access MLSAdvantage via a link on

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Legal Hotline: The Questions Asked Over and Over Again

(4 days ago) FREC is a division of the State of Florida and “administers and enforces the real estate license law, Chapter 475, Part I, Florida Statutes.” FREC “is also empowered to pass rules that enable it to implement its statutorily authorized duties and responsibilities.” In other words, FREC is the state licensing enforcement entity for real

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A Look at Florida Real Estate Contract Laws & Regulations

(4 days ago) Florida does not have a law mandati ng that a real estate closing take place in the county where the real property is located. H owever, many sale/purchase form contracts include pre-printed provisions indicating where the closing must take place. Choice of contract

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Small-Town Buyers Having Big-Town Investor Problems

(6 days ago) But they’re constantly getting outbid, despite bidding above asking price. The couple bid $20,500 above asking price on a house this week and waived the right for a home inspection. But the result was the same. Their real estate agent received an email back from the listing agent: There were 14 bids and they had lost out again.

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Economists Evaluate Commercial Real Estate’s Recovery

(7 days ago) REIT magazine interviews: Five economists generally agree that commercial real estate is recovering from pandemic shutdowns, though that will vary by sector and geography. Still, there’s a light at the end of the tunnel, and the U.S. will recover faster than the rest of the world.

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Lady Bird Deed Allows Inheritor of Property to Avoid

(9 days ago) “A lot of people don’t know that in Florida and five other states there is a real estate planning tool by which probate can be avoided. It’s called an enhanced life estate deed or a lady bird deed,” Dell said. The deed got its nickname after President Lyndon B. Johnson used it to convey property to his wife, Lady Bird.

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Unlicensed Assistants Florida Realtors

(2 days ago) At the November 2018, General meeting the Florida Real Estate Commission informally updated list outlining that the following activities may be performed by a Realtor's unlicensed employee or assistant:. Answer the phone and forward calls. Submit listings and changes to any multiple listing service. Follow up on loan commitments after a contract has been negotiated and generally secure …

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Giving Notice When a Lease Ends: How

(7 days ago) As such, the lease ends on Sept. 30, 2021 – and neither side has a legal obligation to notify the other. Caller #2: “The law requires the tenant to give at least 60 days’ notice to the landlord that tenant is vacating the premises.”. Answer: This is a common misconception likely based on the language in Chapter 83, Part II, of the

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New Emotional Support Animal Law: What’s It All Mean

(5 days ago) ORLANDO, Fla. – Last month, Florida Realtors notified members of a new law, effective July 1, 2020, in relation to service animals.As mentioned in the article, the law was largely written to address the abuse of “online certificates,” which allege to be the gold standard in determining whether or not an animal is a “true” emotional support animal (ESA) or not.

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Glossary of Real Estate Terms, Realtor Designations & Acronyms

(3 days ago) The Certified Real Estate Brokerage Manager (CRB) is one of the most respected and relevant designations offered in real estate business management and is awarded to REALTORS® who have completed advanced educational and professional requirements. CRB Designees are better positioned to streamline operations, integrate new technology and apply

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Home Price Increase: The Highest in More than 15 Years

(6 days ago) “The forces that have propelled home price growth to new highs over the past year remain in place and are offering little evidence of abating,” said Matthew Speakman, an economist at real estate data provider Zillow. All 20 cities that make up the index reported higher year-over-year price gains in April than the previous month.

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Release and Cancellation of Contract: What Does the Law

(6 days ago) ORLANDO, Fla. – Florida Realtors® has many forms to assist Realtors in their transactions. One of these forms is the Release and Cancellation of Contract for Sale and Purchase, which may be used in the event the parties agree to cancel an executed contract, release each other (as well as the brokerages involved) from liability, and instruct any escrow agent as to disbursement of a …

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Hot Topic at NAR Convention

(9 days ago) In some areas of the country, “love letters” – a note from buyer to seller praising the home – are common. But some of the letters may flirt with Fair Housing Act violations. ORLANDO, Fla. – The National Association of Realtors® (NAR) Conference and Expo was held virtually this year, with meetings and events running from Nov. 2 to 18

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Floridian Realty Services, LLC

(3 days ago) Floridian Realty Services offers real estate sales in Englewood, Rotonda West, Cape Haze, Placida, Manasota Key, Gulf Cove, and South Gulf Cove. And the surrounding communities of Port Charlotte, North Port, Venice. We also service Central Florida in the Orlando Metro area.

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Answers to Realtors' Top Coronavirus Legal Questions

(3 days ago) One idea is for you to carry (1) a copy of your real estate license and (2) a copy of Gov. Ron DeSantis’ Executive Order 20-91, which broadly designates essential services, including those referenced in the March 28, 2020, Guidance on the Essential Critical Infrastructure Workforce, that accompanies the order. See Section 2A of the Order

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10 Things All New Agents Should Do In Their First Month

(8 days ago) 10 Things All New Agents Should Do In Their First Month. So you have a new real estate license. What now? Before diving right in, follow these tips from Florida broker Stas Matias to set yourself up for a successful start to your career. Date: February 14, 2020.

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5 Fla. Towns in Top 10 ‘Affordable Places to Retire

(8 days ago) 5 Fla. Towns in Top 10 ‘Affordable Places to Retire’. 55place.com listed the most affordable retirement towns in the U.S., and 5 Fla. metros made the top 10, including No. 1 Boynton Beach and No. 2 Sarasota. MIAMI – A recent report from 55places.com ranked the 20 best affordable places to retire based on cost, taxes, transit score

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