Category Archives: News

News

Rhode Island on Pause – What you need to know

Governor Gina Raimondo recently announced that Rhode Island will be hitting Pause for two weeks beginning Monday, November 30th through Sunday, December 13th. With new coronavirus cases and hospitalizations on the rise, the Pause aims to limit overall mobility and reduce the spread linked to social gatherings by calling for in-person colleges, bar areas, recreational …

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News

New NAR DOJ Agreement Regarding MLS Rules

11/20/20: Yesterday, the US Department of Justice filed a new antitrust complaint against the National Association of REALTORS.   NAR and the DOJ have negotiated a settlement agreement. It appears that this will have very little impact on State-Wide MLS participants but details will be forthcoming as specific language is fleshed out.  Here are the key …

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News

Bring the CRE Consulting Corps to Your Community

Are you aware of an obsolete retail center, closed hospital, school or other abandoned structure in your market in need of an innovative, adaptive reuse strategy? Is your community in transition as a result of challenges that threaten its economic health and vitality: closure or relocation of a major employer or the after-effects of a …

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News

New Revisions to RIAR Purchase and Sale Agreement

Revisions to the  Rhode Island Association of REALTORS® Purchase & Sales Agreements are now available on Instanet and will be available as soon as the other vendors post the new form, expected no later than late November/early December.  An explanation of all the changes, as well as a sample of the revised Purchase & Sales Agreement …

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News

Board of Directors Extends Code of Ethics Application

The NAR Board of Directors recently approved a series of recommendations from NAR’s Professional Standards Committee that extends the application of Article 10 of the Code of Ethics to discriminatory speech and conduct outside of members’ real estate practices. The changes go into effect immediately but do not retroactively apply to members’ past activities or …

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NAR News

Pandemic Caused Buyers to Seek Multi-Generational Homes, Sellers to Sell Faster

WASHINGTON (November 11, 2020) – The coronavirus pandemic initiated several shifts in America’s housing market over the past eight months. Changes in the behaviors of home buyers and sellers were especially notable as buyers’ usual tendencies altered, and the urgency to sell accelerated. This is according to new data from the National Association of Realtors®’ 2020 …

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News

Leann D’Ettore Named 2021 President of the R.I. Association of Realtors

The Rhode Island Association of Realtors has announced its 2021 officers. Leann D’Ettore, broker/co-owner of Homistic Real Estate, will serve as president of the 5400-member organization.  She is the youngest Realtor ever elected to the position of president. Licensed for 16 years, D’Ettore opened her brokerage with her partner at the age of 23. They …

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News

Robert Martin Elected 2021 President of State-Wide MLS

State-Wide Multiple Listing Service has named Cumberland resident, Robert Martin, 2021 president of the listing information exchange and transaction service. Martin is the broker/owner of CrossRoads Real Estate Group in Woonsocket and Glocester, R.I. In his 35 years as a Realtor, Martin has served on local and state Realtor committees and held the president and …

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News

New PPP Forgiveness Factsheet for Borrowers

A PPP factsheet for borrowers has been developed for SBA field offices and SBA Resource Partners that provides a step-by-step for the PPP Forgiveness process. Consisting of four main steps, the form’s basic premise is that borrowers should work closely with their lenders throughout the loan process to ensure that it is completed thoroughly and successfully. …

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