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Tech Tip Tuesday – #048 – Correcting Closing Data in MLS

 

Welcome back to Tech Tip Tuesday!

This is your ultra-fast, easy dose of the latest tech that can help your life as a REALTOR®.  Whether it’s using the MLS, Mobile Apps, or surfing around, we’ll give you the tools you need each Tuesday.

Tech Tip Tuesday – #048 – Correcting Closing Data in MLS

Today’s Tip:

Today, we’re talking about how people with head-broker level access can correct closing mistakes in the MLS.  Just follow the easy steps in the video for the step-by-step breakdown.

Interview with Chris Lind, REALTOR®

SCAORCast – 08/01/16 – Interview with Chris Lind, REALTOR®

Welcome to SCAORCast, your ultra-fast download of everything Sussex County Association of REALTORS®.  Here’s what’s happening for this week.  (Check our show notes at the bottom of this page for easy access to all of these links.) Our thanks to Parkway Law for sponsoring this episode.

This Week’s Show Notes & Links:

  • Join us in welcoming Merritt Burke IV on August 11th at 3:30 PM at the SCAOR Office for a meet & greet with light refreshments.  Register here!

  • Questions?  Comments?  Talk back to us and let us know.  We’d love to hear from you.  (And be sure to subscribe in iTunes, and never miss an episode again!)
Pros & Cons of Homeowner Associations

Pros and Cons of Living Within a Homeowners Association

Ask two different homeowners what they think about living in a community with a homeowners association and you may see one of them scowl and another one smile.

The difference of opinion on homeowners associations, or HOAs, depends on several factors, including individual personalities and preferences and the quality of the particular HOA. Rules and dues vary but, in general, homeowners who live in an HOA must abide by its regulations and pay a monthly, quarterly or annual fee that pays for management and maintenance of the community.

HOA Benefits

Many homeowners prefer to live in an HOA for several reasons, including:

  • Community appearance: Homes within an HOA must meet the standards set by the association or face a fine, so you’re less likely to see unkempt lawns, peeling paint or a garishly painted house. Some HOAs have a design review board with the power to approve any changes to your home’s exterior, and which establishes a color palette for exterior paint and trim. Many HOA’s have rules about how many cars or even what type of vehicles can be parked on your property. For example, they may ban commercial vans or RVs.
  • Low maintenance: Depending on the HOA, services such as trash and snow removal and lawn care are handled by the association, leaving less work for the homeowner. Typically, common areas are maintained by the association.
  • Recreational amenities: While not all HOAs have swimming pools and tennis courts, many offer a range of amenities such as a community center, walking trails, sports courts and playing fields reserved for residents.
  • Association management: If you have a problem with your neighbor’s dog barking, loud parties or a dispute over a tree, you can ask the management to handle the issue rather than getting directly into a spat with the homeowner next door.

 

Living Within an HOA 

For some buyers, the idea that a management association can tell you when you can put out a decorative flag or that you can’t park your truck in front of your property is a deal-breaker. If you have a concern that something that’s important to you, such as your ability to run a business from your home, could be banned by HOA rules, then be particularly careful to read all the regulations before you buy a home in a community with a homeowners association. This doesn’t mean you can’t buy at all within an HOA, but you’ll have to find one with regulations that meet your requirements.

HOA regulations are usually set by a committee or board of directors and then enforced by a paid management company or a group of volunteers. You can become involved with the HOA in order to have a voice in the decisions being made. Homeowners can request a rule change or an individual waiver, but there’s no guarantee that your request will be granted.

HOA Fees

HOA fees vary as much as HOA regulations and depend on multiple factors such as the amenities in the community and which services are covered by the fees. When you’re buying a home, you need to compare HOA fees from one community to another based on what they cover. You may find that the HOA fee includes a gym membership so you can spend less on a private gym. You should also decide if you’ll use the amenities you’re paying for, such as tennis courts or a swimming pool. Keep in mind, however, that the presence of these amenities can add to your home’s value, even if you don’t directly take advantage of them.

Many homeowners appreciate that HOAs often maintain higher standards for a neighborhood’s appearance, but there’s no question that you need to understand the regulations and costs in every community where you’re considering buying a home.

(Credit: This content originally appeared by Michele Lerner on Realtor.com)

072516

SCAORCast – 07/25/16 – Interview with Bill Davis, REALTOR®

Welcome to SCAORCast, your ultra-fast download of everything Sussex County Association of REALTORS®.  Here’s what’s happening for this week.  (Check our show notes at the bottom of this page for easy access to all of these links.) Our thanks to Acopia Home Loans for sponsoring this episode.

This Week’s Show Notes & Links:

  • Join us in welcoming Merritt Burke IV on August 11th at 3:30 PM at the SCAOR Office for a meet & greet with light refreshments.  Register here!

  • Questions?  Comments?  Talk back to us and let us know.  We’d love to hear from you.  (And be sure to subscribe in iTunes, and never miss an episode again!)
friday-Recovered

2016 Mid-Year Report Very Positive

Mid-Year Report Very Positive

Second quarter sales data indicates a southern Delaware real estate market that has increased in recent months, showing gains over Q1 2016.  

Through the first six months of 2016, more than 2,000 residential homes have been sold in Delaware’s southernmost county.

That’s a 47% quarterly jump in residential volume over Q1 2016, with average DOM sinking.

In the first half of the year, the average home in the county is selling for a median price of $309,489, while the average amount of time on the market  just 147 days.

In total, more than $694 million worth of real estate has changed hands during the first six months of 2016.

The lots/land and commercial segments are also up from Q1, with commercial real estate showing a significant increase in sales volume.

So far in 2016, Sussex Co. REALTORS® have sold 2,369 properties!!

Tech Tip Tuesday - #025 - Image Editing Overview

Tech Tip Tuesday – #025 – Image Editing Overview

 

Welcome back to Tech Tip Tuesday!

This is your ultra-fast, easy dose of the latest tech that can help your life as a REALTOR®.  Whether it’s using the MLS, Mobile Apps, or surfing around, we’ll give you the tools you need each Tuesday.

Tech Tip Tuesday – #025 – Image Editing Overview

Today’s Tip:

Have a distraction in your photos that needs removal?  Using a tool like your smartphone or photoshop can enhance your image’s clarity.  As long as you don’t change the story your image is telling, removing distractions is a fantastic way to enhance your images.

SCAORCAST - Join us in welcoming our new CEO on August 11th!

SCAORCAST – 07/18/16 – Join us in welcoming our new CEO on August 11th!

Welcome to SCAORCast, your ultra-fast download of everything Sussex County Association of REALTORS®.  Here’s what’s happening for this week.  (Check our show notes at the bottom of this page for easy access to all of these links.) Our thanks to the Berl & Feinberg, LLP for sponsoring this episode.

This Week’s Show Notes & Links:

  • Join us in welcoming Merritt Burke IV on August 11th at 3:30 PM at the SCAOR Office for a meet & greet with light refreshments.

  • Questions?  Comments?  Talk back to us and let us know.  We’d love to hear from you.  (And be sure to subscribe in iTunes, and never miss an episode again!)
Agreement of Sale for Delaware Residential Property Explained!

NEW – Agreement of Sale for Delaware Residential Property Explained!

July 14, 2016

Fellow Realtors®,

The new Agreement of Sale for Delaware Residential Property is approved, ready for use and accessible through both the dotloop and zipForms libraries. The previous form should be phased out by August 1.

Please share this information with your agents and with your IT staff as well. There have been some reports that email from DAR has been blocked by spam filters. DAR should be whitelisted in all company spam filters.

A series of videos is available to both summarize and explain the recent changes made to the Agreement of Sale. The complete version of the video can be found here. To help you find discussion on specific areas where change has been made, the video has also been sectioned into eight (8) parts:

Part 1: Introduction
Part 2: Paragraph 3, Payment Terms
Part 3: Paragraph 4, Checkbox of Included Items
Part 4: Paragraph 6 and 7, Mortgage Commitment (Appraisal)
Part 5: Paragraph 11, Transfer Taxes
Part 6: Paragraph 21, Home Inspection
Part 7: Paragraph 24, Buyers Default
Part 8: Final Thoughts

Thank you for helping to ensure a successful transition to the new form.

Sincerely,

Bob
Bob McVey, President
Delaware Association of Realtors®

Sussex County Association of Realtors

Phone: 302-855-2300 | Fax: 302-855-2319

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