|
Florida economy moves up to No. 14 globally
The state's $1.8 trillion economy is now the world’s 14th largest after surpassing Australia and Mexico, according to the Florida Chamber Foundation. The foundation said Florida’s economy grew 6.3% over the past year, moving the state closer to its goal of ranking among the world’s 10 largest economies by 2030.
Cyberattack puts real estate data security in focus
A recent cyberattack on a global real estate firm is raising fresh concerns about how companies protect customer, tenant and transaction data. Propmodo reported the May incident involved vishing, or voice phishing, underscoring the need for employee training, access controls and verification procedures.
Case of the TBD Escrow Agent
A dispute over a late escrow deposit centered on one missing contract detail: The seller never named the escrow agent. This case shows how leaving an escrow agent listed as “TBD” can turn a simple deadline issue into years of litigation and attorney fees.
Keep it simple
A spare bedroom is most sellable when it is a blank canvas. Realtor.com reporter Anna Baluch recommends sellers avoid unnecessary customization of multipurpose rooms so buyers can easily envision how the space could fit their needs. When staging homes with a spare bedroom, remember, less is more, and only make updates that can be easily reversed.
| 
