As of November 27, 2019, real estate licensees will no longer risk losing their entire commission for failing to disclose a personal or family relationship in writing. The R.I. Association of REALTORS® worked with the R.I. Department of Business Regulation to change the penalty to a maximum fine of $2,000 per violation, the standard penalty for all
The R.I. Department of Business Regulation has announced that now anyone who wishes to take the Rhode Island real estate broker’s or salesperson’s examination must present a Certificate of Completion from an approved Rhode Island school at the Pearson Vue Testing Center. The certificate must state that test-taker completed 45 hours for a
Any applicant who is issued a new real estate broker’s or salesperson’s license on or after January 1, 2020 will be required to renew his/her licensee two years after the date on which the new license was first issued. According to the RI Department of Business Regulation, the purpose for this change is to make DBR’s license renewal more
Enforcement begins April 1 A Rhode Island law requiring home inspectors to be licensed will finally be enforced, two decades after it was first enacted. Starting on January 1, 2020, inspectors will be able to apply for home inspector or associate inspector licensing. According to the Rhode Island Contractors’ Registration and Licensing Board,
The National Association of REALTORS has approved of the following policy as the new MLS Statement 8.0, NAR Handbook on Multiple Listing Policy: Within one (1) business day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants. Public marketing includes, but is not limited
New pre-approval request, new flyer templates, and a bold new look for your buyers! RatePlug still lets you share accurate home payment estimates from your trusted lenders directly within any property listing you send your clients, but now the process to get your buyers asking questions about their financing earlier, to avoid snags later is more user
Warwick, RI – The Rhode Island Association of Realtors today announced the election of Shannon Buss as 2020 president. A broker associate and professional development manager with Randall, Realtors, Buss assumes her duties for the 5400-member association this week, having been recently installed at the National Association of Realtors Annual
Chris Whitten of Premeer Real Estate has been re-elected president of State-Wide Multiple Listing Service, a real estate data exchange subsidiary of the Rhode Island Association of Realtors. He is also the 2020 president of the Northern Rhode Island Board of Realtors and a past Northern R.I. Realtor of the Year. Licensed in 2008, Whitten started Premeer