RI Association of REALTORS Education Center

Market Trends are here!

New Market Trends from RPR!

RPR has just unveiled "Market Trends," an exciting new set of housing data under the Neighborhood section in RPR. There, you’ll find the most up-to-date data on active/sold listings, inventories, valuations and more. All displayed in eye-appealing charts that can be printed for reference. Visit rpr.me/market-trends to learn more today.

RI Association of Realtors Education Center updated their business hours.

Introducing Commercial Insights! Learn about the latest trends in commercial real estate (CRE) with Commercial Insights, from CRE expert, Rob Nahigian! Rob delivers the latest economic news and how it affects commercial real estate.https://www.rirealtors.org/clientuploads/documents/riar/Commercial_Insights-Feb22.pdf

Is your team in compliance with the new requirements for teams?

The Department of Business Regulation has announced new regulations regarding real estate teams that will go into effect on February 21st, 2022.

Here are some key provisions you should know:

• Confirms that teams cannot have their own escrow account;
• Confirms that all advertising, including signs and social media, must include the name of the broker more conspicuously than the name of the team or licensee;
• Requires all teams to have “team” or “group” in their team name to avoid consumer confusion;
• Prohibits the following words or variations to be used in team names: Agency, Associates, Brokerage, Brokers, Company, Corporation, Corp., Inc., Firm, LLC, LP, LLP, Partners, Partnership, Property, Properties, or Realty;
• Allows teams to form a single-member LLC to collect money from team members to pay joint expenses;
• Confirms that licensees, including team members, must be paid by the brokerage;
• Requires principal brokers to review team names logo; monitor team advertising; keep a current list of team members, and supervise teams;
• Requires teams to identify all licensed team members who will assist a consumer on the Mandatory Real Estate Relationship Disclosure form.

To make the appropriate changes to your team name in MLS and to comply with the new state regulations, please use the Team Change Form and return to [email protected].

Have questions? Please contact the RIAR Legal Department at 401-432-6945 or by email at [email protected].

Share the news! Make sure everyone on your team understands the new regulations and is ready to comply with them by sharing this brief video: https://www.youtube.com/watch?v=lfqoS4_3o6k

[email protected] | www.rirealtors.org

Hot Topics with RI REALTORS®: Team Rules Important updates on our rules & regulations.

Market smarter, not harder... send custom emails & text messages, post to social media, advertise online, and more in just a few minutes with Amarki! Try it RISK FREE. If you like it, get 75% OFF your Amarki Premium monthly fee for 4 months! Learn more: https://www.amarki.com/riar75off

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Are you an experienced Matrix user that would like a few new tips and tricks? Join us on Monday for our Advanced Matrix class via Zoom. Register here for free! https://www.rirealtors.org/events/2021/09/13/course/matrx-advanced-no-ce/

Have you seen OneHome? OneHome is the new client portal that will be rolled out next week. There are two more webinars, next week. Sign up today!

Coming September 15th - the all-new OneHome™ Client Portal by CoreLogic!

Learn about this intuitive and friendly digital experience that makes it easier for clients to browse listings at an upcoming webinar by Coreogic - the next one is September 9th at 2:30! Register: https://conta.cc/3hev7GB

This is an interesting article from MyFloodStatus that may help homeowners in flood zones. For more info on this tool, click the tile on the member dashboard. Have you used MyFloodStatus?

Challenging Flood Insurance Requirements of Properties in Zone A — MyFloodStatus Challenging the flood status of a property in an A Zone by submitting a Letter of Map Amendment (LOMA) can be considered a little bit of a “gamble” but it is an entirely worthwhile pursuit, often with a positive outcome for the investor. In fact, we regularly request LOMA’s on A Zones, and oft...

Join RI REALTORS® and Bev Pierce for this two-day course next week!

Distinguish yourself in the resort and second-home market with NAR's RSPS Certification! Become a Resort and Second-Home Property Specialist Maximize Business Opportunities by Earning the Resort and Second-Home Property Specialist (RSPS) Certification #521 Home Sweet 2nd Home (7 CE) July

Have you checked out our new eLearning courses from RISE? Let us know what you think. Take these CE courses at your own pace and learn relevant information on sustainable homes!

Course Registration Now Open for Rise Online Courses! Earn CEs at your pace with these sustainable homes courses Course Registration Now Open! Members of RI REALTORS® can now stay ahead of the curve on changing sustainability standards with the Fundament

Check out this discounted online 4-CE course from RI REALTORS Discounted throughout April - Earn 4 CEs with this virtual offering! Discounted Online CE Course for RI REALTORS® Register today, attend later!* Enjoy a discounted price of $29 throughout the month o

Do you deal with vacation/investment properties? This is great information with your clients. What other tips do you offer your clients?

realtor.com on Twitter “Thinking of buying a second home or an investment property? https://t.co/X4MWA4MjzQ”

RI Association of Realtors Education Center updated their information in their About section.

NAR announces monthly training dates to provide guidance on the Code of Ethics changes approved by the NAR Board of Directors on November 13, 2020.

Get your questions answered by policy experts. View/register for an upcoming training session here: http://ow.ly/PhkI50CIZ0P)

Breaking Down the Changes to the Code NAR will host monthly trainings to help leaders understand and enforce, where needed, the changes to the Code of Ethics that were approved by the NAR Board of Directors on November 13, 2020. View the training schedule and register today.

The Matrix Listing Input class has been approved for CE credit. You can still take it for free or pay for CEs towards license renewal. Check the calendar for an upcoming session.

Commercial Market Chat With Deena Zimmerman - Realtors Property Resource® (RPR) Deena Zimmerman, a commercial real estate veteran and leader, chats with RPR and gives us her take on the state of commercial.

4 Skills You’ll Need to Sell in the Post-Pandemic World A variety of emerging trends in the age of COVID-19 are shaping the future of real estate. What can you do now to prepare for a new landscape?

These Are the Most Profitable Home Remodeling Projects Homeowners want to ensure they'll enjoy a home remodel—and it will add to the resale value—before undergoing a costly and time-consuming renovation.

Will Home Sales Keep Defying Expectations? Housing’s resiliency against the pandemic is “remarkable,” NAR Chief Economist Lawrence Yun said to REALTORS® attending a virtual conference. From the virtual 2020 NAR Leadership Summit, August 17-19

How are you staying connected with clients right now?

The Best Way to Safely Connect With Your Top Clients "Even during these uncertain times, the strongest real estate marketing strategies are always looking to prioritize connection with clients."

8 Weekend DIY Projects To Make Your Bathroom Look Instantly More Expensive You don't need a celebrity budget to have an A-list bathroom. In fact, these projects can make yours look more expensive in as little as two days' time.

Buying a House? 6 Questions You'd Never Think to Ask, but Should Buying a house? Make sure to ask your real estate agent these questions about the place to make sure it's right for you.

Do you have a plan?

Make a Plan With Sellers to Sanitize Listings From pre-showing cleaning checklists to real estate-branded masks, agents are helping clients take steps to protect their health when their home is on the market.

Are you using RPR to service your commercial clients? There's lots of info you can get from RPR, including OZs on the RPR map.

RPR Commercial: Map out a Path to Success - Realtors Property Resource® (RPR) RPR Maps can help commercial real estate practitioners offer their clients insight and expert guidance. These maps provide a visual analysis to help analyze traffic counts, determine fit and need for business locations, and to see if properties fall within a Flood or Opportunity Zone.

New Record Low for 30-Year Mortgage Rate: 2.88% This marks the eighth time this year that the average interest rate for a 30-year loan has set a historic low.

We'll be announcing our grand prize winner September 1st!!! Want the chance to win a $1000? Earn your C2EX endorsement by August 31st to be entered!

Learn more: https://www.rirealtors.org/make-the-most-of-your-summer-with-the-c2ex-summer-challenge/

Upcoming Broker Prelicense Course