The RIAR Escalation Addendum is a tool that lets a buyer increase his/her offer by a set amount to try to outbid other buyers in a multiple offer situation. But how does it work if multiple buyers competing for the same property decide to use an Escalation Addendum? Grab some coffee and read the following example. Buyer #1 offers $300,000 and will pay
Thursday, August 13 10 am - Converting Social Media Into, Cold Hard Cash This is no ordinary, introductory social media training. We will dive deep into why you should use Social Media and how to do it properly. Your training will include detailed instructions on creating real Facebook ad campaigns and how to monitor them for true success. This is a
The REALTOR® Foundation: Rhode Island offers quarterly grants of up to $5000 to non-profit organizations that provide financial and other forms of assistance to Rhode Islanders affected by a personal or natural disaster. The deadline for the third quarter application cycle is August 15th at 5 pm. Since its inception, the Foundation has provided more
What is the issue? NFIP’s authority to provide flood insurance is currently scheduled to expire on September 30, 2020. NAR is making every effort to secure a long-term reauthorization of the program. Here are answers to frequently asked questions about what this means for upcoming closings and several proactive steps your clients can take in the
Warwick, R.I. – July 15, 2020 –While Rhode Island’s single-family home sales dropped 14.6 percent year-over-year in June, the decline was a significant improvement to the prior month when sales fell by more than 30 percent compared to 12 months earlier. A review of month-to-month sales data from the Rhode Island Association of REALTORS also portrayed diminishing impact from COVID-19. Single-family home sales rose 30 percent from May to June as closings resumed during the initial phase of the economy’s reopening. Pending sales also increased 13.7 percent last month, following three months of year-over-year decline. Pending sales, or those under contract but not yet closed, are typically a sign of closed sales in the one to two months ahead.
The National Association of Realtors® (NAR) and Perception Institute have partnered together to help REALTORS® avoid implicit bias in their daily business interactions. As part of its commitment to addressing racial injustice in America, NAR has begun circulating a new 50-minute training video which offers strategies to override bias in order to
Thanks to the generosity of all those who gave so generously during its recent Matching Grant campaign, the REALTOR® Foundation: RI was able to provide more than $20,000 in funding to the Rhode Island Foundation and Family Service of RI. The two non-profit organizations will use the funds to assist their COVID-10 relief initiatives. On May 5th, the