What is Pinterest? It is a visual social media site, where you can pin ideas, inspirations, information, videos and things you like on a Board and then share them with your followers. Pinterest is simple to use. Go to Pinterest.com and click on the “Join Pinterest” button and create an account. You can re-pin pictures already on Pinterest or find your own pictures elsewhere. Adding a Pin It button to your browser toolbar is quick and easy, so you can add pictures at a moment’s notice.
With NAR Global, REALTORS® can diversify their clientele. By completing the Certified International Property Specialist (CIPS) designation, the At Home with Diversity (AHWD) certification, or the Resort and Second Home Property Specialist (RSPS) certification, our members gain the global perspective to fully serve clients here and abroad. With this global perspective in mind, this Field Guide to International Referrals provides information on international legalities, education, best practices, etiquette, research, and more. Also check this guide for current news on the international real estate market, as well as a sample international referral form created by NAR’s CIPS group.
The ever-increasing complexities of real estate transactions and the rising use of litigation have prompted a need for errors and omissions (E&O) insurance programs to reduce the risk to sales associates and the real estate firms they represent against potential lawsuits. The following items address E&O and professional liability insurance, answering many of the questions REALTORS® may have about how E&O insurance works and how to choose a provider.
The over-50 population is a growing force in America and the rate of home ownership is higher among this age group than in any other. Today’s seniors have more active lifestyles, are more affluent and if they downsize their homes it is often in square footage rather than price. This field guide offers articles, statistical data and links to help REALTORS® gain insight into this lucrative demographic.
How much does the typical REALTOR® earn in a year? The material listed here includes statistics from NAR Research and other sources offering details about the income of agents and brokers and what determines how much they make.
Topics covered in this updated field guide include 100% financing, subordinated vs. unsubordinated ground leases, key provisions of a financeable ground lease, use of ground leases with student housing projects and airports, and provision considerations in leasehold valuation.
Often used as a financing alternative, sale-leasebacks offer financially struggling companies access to cash to pay down debt and improve the bottom line. And in a post-Enron environment, sale-leasebacks provide an alternative to the less favorable option of synthetic leases. Find out how sale-leaseback transactions have helped the balance sheets of hotel, restaurant, retail, and other businesses, in the articles and books in this guide.
Private transfer fees, also known as reconveyance fees, recovery fees, capital recovery fees, or resale fees, is a charge that is required to be paid to a developer, HOA, or individual at closing each time a property is sold. The transfer fee is attached to the property as a covenant and usually runs for a set period, often 20 or 99 years. While developers say it is a way to spread improvement costs over a longer period, opponents believe private transfer fees decrease affordability, increase potential liability, and provide no benefit to property purchasers of the community in which the property is located. In 2012, the Federal Housing Finance Agency (FHFA) issued a rule prohibiting the fees on mortgages handled by Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. As of 2014, 43 states explicitly prohibit private transfer fees in most situations.
Private transfer fees are different from impact fees, or development fees, which are expenditures that developers are required to make as a precondition to approval of their projects. Impact fees are generally used to finance roads, schools, affordable housing, transit systems, and other projects and services in municipalities throughout the United States. The fees are frequently passed on by developers to purchasers in the price of a new property and, therefore, increase the cost of housing and decrease the profitability of a particular project.
This field guide includes articles, studies, court decisions and other materials on the ban on private transfer fees and the debate over development impact fees.
There are both pros and cons to living in an advanced industrial society. One of the ills of modernization is the hazardous waste that is often generated by manufacturing sites, energy facilities, and larger cities in general. Hazardous waste and its associated stigma can have serious ramifications on the value of the subject property, not to mention the values of surrounding properties and neighborhoods. This field guide explores how environmental hazards impact surrounding properties, appraisal issues, and more.
Unwanted, unsolicited email is a frustrating problem for almost everyone who uses the Internet. Spam email clutters in-boxes, slows down web servers, and costs time and money to manage.
Spam can’t be prevented entirely, but REALTORS® can reduce the amount of unwanted email that comes into their in-boxes. And on the flip side of the coin, REALTORS® who use email to find and work with clients can take steps to ensure that their own electronic communications aren’t seen as spam.
Find out more about what spam is, how to reduce the amount of spam you receive and how to keep from sending it yourself with the articles, websites, and other resources on this page.