Category Archives: News

News

Zillow Group to Acquire ShowingTime

Recently, ShowingTime announced that they’ve signed an agreement to eventually become part of Zillow Group, though they currently continue to operate as an independent company. ShowingTime put this FAQ page together to provide answers concerning data privacy, how this will affect you and more at https://www.showingtime.com/zillow. There is also a survey there that can be …

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News

NAR Releases 2021 Snapshot of Race and Home Buying in America Report

Data reveals persistent minority homeownership gaps The National Association of REALTORS has released a report that highlights homeownership trends among each racial group in the last 10 years. The report also examines where most of minority homeowners are located and which areas are more affordable for these households. Additionally, using the NAR® Profile of Home …

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News

There is Unity in Community

As we celebrate Black History Month, let us all work to shed a bright light on housing discrimination and enforce the tenets of the Fair Housing Act — that all people should have equal access to homeownership and the opportunity to build wealth no matter their race, background, religion, sex or other attributes. RI REALTORS …

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News

Three Forms to Help You Get Paid

Have you ever been burned by a seller or listing broker who refused to honor a verbal compensation agreement?   Rhode Island law requires a written contract or other form of writing in order to enforce the promise to pay a real estate compensation to a listing broker or cooperating broker.  Use these three RIAR forms …

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News

Updates to RIAR Escalation Addendum

Are you confused about how to handle offers and purchase and sales agreements with competing with multiple escalation clauses? The RIAR Forms Committee has added language to the Escalation Addendum to explain that multiple offers with escalation clauses will be compared on the net escalated price of each offer instead of the net base price.  …

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News

Special Election: Housing & Infrastructure Bonds

Rhode Island will hold a statewide election on March 2, 2021 to vote on $400 million worth of debt service to pay for projects such as affordable housing, parks and transportation. The Government Affairs Committee will vet the proposals prior to the election and communicate with housing advocates on the merits of the proposal. Here …

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News

REMINDER: Zillow Listing Feed Change

With the recent news regarding Zillow becoming a real estate brokerage, we will be phasing out the listing syndication feed currently in place. What does this mean? When adding new listings in Matrix, you will no longer have the “Zillow.com=yes/no” field available to you. As a brokerage and MLS Participant, Zillow will have the same rights …

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News

MLS TIP: Are you listing a new property into “Coming Soon”?

If you’re listing a new property into “Coming Soon” in Matrix, please refer to this checklist first: Do you have a listing agreement executed with the seller(s)? If you are using the MLS Listing Agreement,  complete paragraph 5 with the expected active date. Do you have the Coming Soon form completed and signed? The listing …

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News

Rhode Island MLS VP Named to RESO Board of Directors

Warwick, R.I. – December 17, 2020 — John Breault, Vice President of State-Wide Multiple Listing Service has been elected to the Board of Directors of Real Estate Standards Organization. With 34 years of experience in the real estate industry, Breault brings considerable knowledge to the RESO board. He has held numerous positions with several organizations …

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News

EVICTION FAQ

There’s a lot of confusion around evictions in Rhode Island. Homes RI, managed by the Housing Network of Rhode Island, has recently refreshed their evictions and CDC moratorium FAQs. The new fact sheet covers evictions, tenant rights, and rental assistance. View the latest updates in English here: Eviction FAQ – Homes RI or in Spanish …

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