Three Changes to MLS Rules Take Effect 1/1/13

The following TSMLS rule changes will go into effect January 1, 2013: The Active Contingent status will no longer be available; all listings with the Active Contingent status must be changed to Contingent with the sub status of Short Sale. 7.28 Short Sale (Lender...

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CAR Market Matters

Talking Points Although real estate is local, in general, there are at least five significant contributors to rising prices: Housing affordability, increasing housing formation, rising rents, low inventory, and limited supply of distressed sales. Housing affordability...

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One Cool Thing Videos Now Available

Save your marketing budget and stay in touch with clients by using our new One Cool Thing videos! Already love and use the One Cool Thing emails with their interesting graphics, charts and lists? Get ready to add another love to your list with One Cool Thing videos, a...

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December Charity Pledge Drive

The TSBOR Foundation for Charitable Activities will be holding a pledge drive throughout the month of December. Unfortunately in tough economic times charitable giving to well-deserving non-profit organizations tends to decrease. Over the past ten years, the TSBOR...

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What is Variable Rate Commission?

Simply stated, the seller will pay a different commission if the property is sold by the listing broker.  The listing agent must disclose this when entering the listing into the MLS by selecting Y on item (49) VAR RATE Y/N.  Please see the rule below for the full...

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CAR Market Matters

Talking Points The Federal Housing Administration (FHA), which insures loans for borrowers with low down payments, announced last week that it will exhaust its capital reserves and face a deficit of $13.5 billion, leaving some to wonder how this will impact borrowers...

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C.A.R. Legal Webinar on Standard Forms

Get a handle on over 40 new and newly revised C.A.R. forms! You are invited to attend a free, interactive legal webinar on December 3 on C.A.R.'s standard forms release. From 1 to 2 p.m., C.A.R. veteran attorneys Neil Kalin and Howard Fallman will present the standard...

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