Survey: % of Sellers Don't Disclose Property Defects

• The top three problems buyers discovered after closing involved the electrical system, fixtures and plumbin
• More than 90% of buyers say they found at least one issue with their home after the transaction that the seller didn't disclose.
• According to servey from Cinch Home Services, 94% of sellers admit to selling their homes without disclosing a known issue.

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AREC Proposed Rule Amendment- Qualifications for Pre-License/Post-License Instructors

 The rule change would increase emphasis on teaching experience over real estate and related experience, adding a mandatory orientation for new instructors and a test following orientation. 

To Review Proposal: https://bit.ly/3AZDvDX

If you have sellers whose schedules are flexible or who are away from their home during regular periods of time, you can coach them to provide almost unlimited availability for showings with the Go and Show and Courtesy Call options. Both appointment types* can provide convenience for buyer’s agents scheduling a tour for clients.

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With housing affordability still near its worst levels in more than 35 years, downward price pressure is likely to continue in the coming months. It would require some combination of either a 30% rise in incomes, a 2 percentage point decline in 30-year rates, or home prices pulling back another 20% to bring affordability back in line with long run averages.

Read More: https://bit.ly/3RpTBMF