Real Estate Policies

From weed to taxes: Regs that will impact your business in 2020
From weed to taxes: Regs that will impact your business in 2020

New laws, shifts in tax assessments and possible methods for filling government shortfalls are all situations brokers should be watching in the coming months.

Pocket listing rule approved by NAR
Pocket listing rule approved by NAR

While the association has moved to institute new rules around what to do about off-MLS listings, there are some who say it restricts trade and others who feel it doesn’t go far enough to force brokers to share listing data.

MRED endorses NAR pocket listing policy
MRED endorses NAR pocket listing policy

The debate over what NAR and multiple listing services should do about off-MLS listings seems to be coming to a head, though the final policy isn't fully ironed out yet. Find out where it looks to be heading.

Employee or independent contractor?
Employee or independent contractor?

A lawsuit against Florida-based Cervera Real Estate – and a new bill passed in California – raise the question of classification.

Should Chicagoland brokers disclose home hauntings?
Should Chicagoland brokers disclose home hauntings?

It’s a common TV trope, but what should you know when dealing with a home that may be

How to avoid closing disasters
How to avoid closing disasters

There’s always the potential for problems as a transaction wraps up. Thankfully, there are many checks and balances real estate professionals can institute in their processes to side-step such

MRED’s new policy on listing commissions
MRED’s new policy on listing commissions

Midwest Real Estate Data (MRED) updated its rules and workflows around commission figures June 4 in response to feedback from industry stakeholders, effectively undoing a policy set in place last year. According to a May 1 blog post from

4 Worrying Trends in the Student Debt/Homeownership Relationship
4 Worrying Trends in the Student Debt/Homeownership Relationship

Home purchases have skidded a bit in recent weeks, and student debt raises some troubling questions on where housing demand is heading. The numbers are in, and they’re not encouraging – housing demand is beginning to wane. According to

The 3 Ways to Get a Building FHA Approved

Are you currently working with a condo buyer who only qualifies for an FHA loan? If so, you may be finding it difficult to find buildings that are FHA approved. A few years ago, the FHA changed it’s rules

The Truth Behind a Mortgage Forgiveness Act Extension

There are rumors around Washington that the Mortgage Forgiveness Debt Relief Act of 2007 (MFA) will be extended yet again. Such an extension would be very good news to our improving real estate market for a variety of reasons; however,

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