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News Archives

April 13, 2021

AN IMPORTANT WARNING FROM OUR MLS COMMITTEE CHAIR- SCAM ALERT

The Craigslist scams that plagued our industry after the 2008 crash never truly vanished. Recently however they appear to be bolder and more abundant than ever. The unprecedented pent-up demand for housing accompanied by the despair many people are feeling due to the lack of housing inventory is causing otherwise smart people to give in to desperation. Victims are not only giving money but unwittingly…Read more
March 9, 2021

Guidance for the Vaccinated

By: Hank Lerner, Esq. on March 9th, 2021 in Legal Issues  |  Industry News   On Monday, March 8, the Centers for Disease Control issued a new guidance document with recommendations for individuals who have been fully vaccinated (two weeks or more after getting the second dose). This provides general guidance from the federal government, but does NOT override any Pennsylvania-specific orders that are currently in place. It’s valuable to understand the broad outlines of this guidance as a preview…Read more
March 3, 2021

Protecting Your Personal Safety as a Realtor®

By: Kelly Leighton on March 3rd, 2021 in Industry News “Awareness is the cornerstone of safety,” said Jennifer Cassetta, a self defense expert. Cassetta suggests bringing a detective mindset to your real estate business to help protect yourself. Background work is key. While your career as a Realtor® busy, you still have to take time to do your homework, Cassetta said. “Google is your friend,” she said. “Check out someone’s personal…Read more
February 19, 2021

Avoid Liability in ‘Sight Unseen’ Sales

by Deanne M. Rymarowicz Key Takeaways:  More buyers than ever are making offers without setting foot inside a home Disappointed purchasers most often bring claims against a real estate broker when they discover a previously unidentified defect or other undesirable feature of the home. Disclosure laws and the REALTOR® Code of Ethics still apply in virtual transactions. Buying a home “sight unseen” was not a phenomenon…Read more
February 4, 2021

More Retirees Relocating

By: Kelly Leighton on February 4th, 2021 in Industry News The old cliché is that everyone retires to the beach, right? Well if 2020 proved anything, it’s that there is no “normal” anymore. While the warmer states are still popular for retirement, there have been some shifts in lifestyles among retirees. In 2020, nearly 400,000 Americans relocated for their retirement, the most in five years, and Florida was not the…Read more
January 8, 2021

Social Media for Real Estate Agents: Do’s and Don’ts

It's no secret that a killer social media game should be an an important part of every real estate agent's marketing strategy. But the thought of posting on social media can make even savvy real estate agents start to sweat. There's lot of social media platforms and each is a little bit different, but some similar rules should govern your interaction with all of them.…Read more
January 6, 2021

Quiet Holiday? Not for Most Realtors®

By: Kelly Leighton on January 6th, 2021 in Industry News While home sales usually slow down over the holidays, home showings in November showed a huge spike. According to ShowingTime, showing traffic was up nearly 50% year-to-year in November. Relatedly, existing home sales were up 9.2% year-over-year in November, according to the National Association of Realtors®.  Days on the market were reduced from 38 days in November 2019 to 21 days in…Read more
January 2, 2021

January & September Newsletter

PMAR January Newsletter PMAR September NewsletterRead more
December 28, 2020

What to Expect in the 2021 Housing Market

By: Kelly Leighton on December 24th, 2020 in Industry News   The 2021 housing market should resemble a return to normalcy, realtor.com® predicts. Home sales are forecasted to be 7% higher than 2020, with a strong spring and summer and a less-busy fall and winter, unlike 2020. While inventory will still remain an issue, it is expected that there will be more properties on the market and the gap between demand…Read more
December 18, 2020

It Didn’t Appraise

Much of the Commonwealth is enjoying a seller’s market in residential real estate. As a consequence, more offers exceed list price. As a further consequence, we see more transactions failing due to properties not appraising at or above sale price. What happens when a lender issues a statement of credit denial and termination? The answer can be found in the Agreement of Sale that states…Read more