New FinCEN Rule May Affect Your Real Estate Transactions: What REALTORS® Should Know
A new federal rule issued by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) will impact certain residential real estate transactions starting March 1, 2026.
Florida Realtors® Rolls Out New, Updated Forms
The new and updated listing, leasing and compensation forms reflect MLS policy changes, current laws and local requirements, with older versions retired and replaced.
Congratulations to Our Honor Society, Class of 2024
Each year, the RWorld Honor Society proudly recognizes members who exemplify exceptional involvement and leadership within our local organization.
Mid-2025 Condominium Update
In this Mid-2025 update, Richard Swank, Associate General Counsel for Florida Realtors®, outlines recent legislative and form changes affecting condominium transactions in Florida.
Effective July 1st: Realtor® Supported Condo Bill
A condo-related law supported by Florida Realtors® takes effect July 1. It improves condo document transparency and extends certain deadlines.
New Cryptocurrency Scam
The hottest topic in Broker Risk Reduction is a new cryptocurrency scam targeting real estate professionals. The Secret Service reached out to NAR last week to alert us to this scam in which some agents have lost significant sums, including their entire retirement accounts.
BeachesMLS: The Catalyst for a Smarter,Stronger Real Estate Industry
Success in real estate has always depended on staying one step ahead—identifying shifts before they happen, seizing opportunities before they disappear, and creating an experience for clients that exceeds expectations.
Corporate Transparency Act Back in Effect. Deadline to Report Is March 21, 2025 for Most
Last week, a federal court lifted the nationwide preliminary injunction that had been preventing FinCEN from enforcing the Corporate Transparency Act’s (CTA) Beneficial Ownership Information (BOI) reporting requirements.
Elevate your value proposition and know how to effectively communicate the home inspection process to your clients
As a Realtor®, representing your clients through various parts of the transaction is essential. Recently, the National Association of Realtors® released a consumer guide for home inspections. Here’s what buyers and sellers should know.
New Home Mortgage Applications Increase 10.8%
The increase in new home sales shows they continue to be an appealing option. The average loan size for new homes rose to $402,658 in September. The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2024 shows mortgage applications for new home purchases increased 10.8% compared from a year ago. Compared to August 2024, applications decreased by 6%. This change does not include any adjustment for typical seasonal patterns.
New Florida Flood Disclosure Requirements Coming
Starting October 1, 2024, there is a new flood disclosure requirement in Florida. Florida Statute 689.302 requires a seller to complete and provide a flood disclosure to a buyer of residential real property. This disclosure must be done at or before the time of a contract being executed.
Port St. Lucie Ranks Third for First-Time Home Buyers
The real estate market is abuzz with discussions surrounding location, and affordability for first-time homebuyers. WalletHub states that Port St. Lucie stands out as the third-best location for first-time homebuyers, boasting the second-highest Millennial homeownership rate in the country at 64%.
Positive News on Florida’s Property Insurance
Homeowners in every state have always dealt with home insurance policies, but Florida especially has been tackling costs and insurers for a long time. The good news is that new programs and insurance are rising to help businesses and homeowners thrive.
Mortgage Applications Rise Amid Lower Interest Rates
As the year progresses, positive news has emerged in the real estate market, indicating that interest rates have reached their lowest levels in over a year. With interest rates declining, statistics show that homeowners are seizing the opportunity to refinance their home loans, leading to a rise in mortgage applications.
Behind the Music: RWorld Leaders Embrace an Evolving Industry
The Broward, Palm Beaches & St. Lucie Realtors® is no stranger to thinking outside the box when it comes to strategy. The real estate industry across the nation is going through a reformation, and RWorld Leaders are taking action in a nontraditional manner to demonstrate their commitment to serving and leading with enthusiasm and dedication.
Using Google Analytics to Enhance Your Business
As a real estate professional, understanding your client's motives by harnessing the power of data can help you make informed decisions and enhance your overall performance. Let's explore how analytics can shape your business strategies, specifically regarding website traffic, conversion rates, and user behavior. Prioritizing the measurement of your homebuyer's interests online can significantly contribute to the growth of your business.
Florida Attracts 8.2 Million New Residents
Out-of-state folks are taking the longer route and relocating to Florida more now than ever before. From the state's beautiful waters and year round sunshine to more affordable housing options, it is no surprise why Florida has emerged as their top choice. Florida’s housing inventory and favorable housing pricing are only a few attributes that have contributed to the state's significant influx of newcomers, with 8.2 million Americans relocating across state lines.
Good Neighbors & Great Realtors® are in South Florida
The National Association of Realtors® recently announced their 2023 Good Neighbor Awards Winners, which honor NAR members who make an extraordinary difference in their communities through volunteer work.