Property Taxes– sometimes called an ad valorem tax, is a tax on real estate and some other types of property. Local governments assess property tax, and the property owner pays the tax. The property tax is usually based on the property location and how much it’s worth. This is your home’s assessed value will likely … Continue reading “Home Ownership- 5 Expenses You Can’t Avoid”
If you’re planning to sell your home, having your property appear on the MLS gives you a big advantage. An MLS listing that can be accessed in an online search on any number of real estate sites by anyone, anywhere, makes it easier for prospective buyers to find your home. The more people who see … Continue reading “How to List your Property on the MLS for a Small Fee”
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On November 19, 2020, the National Association of REALTORS® (NAR) announced a settlement agreement with the U.S. Department of Justice (DOJ) regarding a civil lawsuit, which was filed against NAR the same day, alleging certain anticompetitive business practices. As part of the settlement agreement, NAR has agreed to modify certain rules and policies to improve … Continue reading “NAR Reaches Agreement with DOJ on MLS and Commissions Rules”
Real estate brokerage REX has filed a lawsuit against the State of Oregon for its antitrust practices and anti-rebate policies. Click here to read more There are a lot of talk and assertions by some on that it is illegal or unethical for a real estate agent to provide a rebate to a buyer in … Continue reading “Discount brokerage REX takes aim at real estate cartel”
One of the biggest changes in our understanding of the coronavirus has been about how the virus is transmitted. In the beginning, it was thought to travel by moisture from someone’s nose or mouth that would fall to the ground relatively fast. It’s now clear that tiny particles carrying the virus can remain airborne, possibly … Continue reading “Winter during the pandemic”