News

Are your landlord clients in compliance with lead laws? 

Are you using the most current forms? Check out this list of RIAR and MLS forms that were created or updated in 2022.

Warwick, R.I. – Feb. 1, 2023 – Home sales data recently released by the Rhode Island Association of Realtors relay a Q4 2022 median single-family home sales price of $400,000 which represented a 6.7% year-over-year gain, while the number of closed sales fell 32.7%. 2094 homes sold in the last three months of 2022 compared to 3113 in the fourth quarter of 2021.

Over the last several years, Rhode Island has seen a number of law changes affecting rentals. To help get you up to speed, RI REALTORS® has outlined some of the most notable changes from the last few years:

A real estate brokerage contacts you and offers you a cash advance of as much as $6,000. You are told, “you NEVER repay these funds.” All you have to do is sign a Home Owner Benefit contract. . . Does this sound too good to be true? 

Warwick, R.I, -- January 18, 2023 – Single-family home sales data released today by the Rhode Island Association of Realtors relayed a 41.4% year-over-year drop in December in closed transactions compared to one year earlier.  And, while the median price of those sales still showed a 4% annual gain, the rate of appreciation has decreased considerably throughout the second half of 2021.

Client Email Opt-In is now required in Matrix.

Is it true that an estate or trust is not legally required to provide a sales disclosure or lead disclosure?

Illegal to Discriminate Against Holders of Section 8 and Other Vouchers