Blog

Your Municipal Election Guide

Posted on: October 18th, 2021 by Christy Beaver No Comments

The Cincinnati Area Board of REALTORS® process for reviewing candidates for endorsement. Have you ever wondered how the Cincinnati Area Board of REALTORS® makes its decisions about local elections? If you have, you’re in luck! Here is a quick review of our process and some of the candidates and issues you will find on your… Read More »

September 2021 – Cincinnati Sees Seasonal Trends Beginning

Posted on: October 11th, 2021 by Christy Beaver No Comments

The Cincinnati housing market continues to sustain a strong demand with low inventory numbers and high sales prices, but are we beginning to see a shift? “While the numbers are higher than in past years, the data trends are beginning to fall in line with the seasonal trends we typically see year after year,” says… Read More »

NEW CABR Contract to Purchase Legal Counsel-Approved Clauses

Posted on: October 4th, 2021 by Christy Beaver No Comments

October 4, 2021 NEW CABR Contract to Purchase Legal Counsel-Approved Clauses The new Contract to Purchase is here! Beginning October 1, 2021, the new CABR/DR Contact to Purchase went into effect.  And, CABR has obtained approval from CABR legal counsel for use of clauses to address items in the contract pertaining to the inspection contingency… Read More »

NEW CABR Contract to Purchase and Accompanying Forms – Implementation Date October 1, 2021

Posted on: September 27th, 2021 by Christy Beaver No Comments

NEW CABR Contract to Purchase and Accompanying Forms – Implementation Date October 1, 2021 It’s almost here! Beginning October 1, 2021, purchase offers are not to be submitted on the November 2017 CABR/DR Contract to Purchase.  That contract will no longer be a Board-approved contract and, according to legal counsel opinion, continued use of an… Read More »

May I Come In?

Posted on: September 17th, 2021 by Christy Beaver No Comments

May I Come In? More Complaints – More Fines The National Association of REALTORS®, Ohio Division of Real Estate and Professional Licensing, and MLS Rules and Regulations all address the issue of access to listed property.  And, CABR continues to receive complaints pertaining to unauthorized or non-compliant access. Below are just a few examples of… Read More »

August 2021 – Cincinnati Sees Price Adjustments

Posted on: September 14th, 2021 by Christy Beaver No Comments

August 2021 – Cincinnati Sees Price Adjustments While the Cincinnati housing market continues to be marked by strong sales prices, August marked the largest average price adjustment of homes on the market since before 2019.  In July, the average price adjustment was a decrease of 4.4%, which matched the largest adjustment in October and December… Read More »

Antitrust!  Are your comments compliant?

Posted on: September 10th, 2021 by Christy Beaver No Comments

The real estate industry is very competitive and new businesses…and business models… continue to enter the market.  Make sure you don’t engage in discussions that could land you in trouble.  Making statements about practices or commission rates could fall under antitrust laws and the Code of Ethics. One of the items that fall under antitrust… Read More »

July 2021 – Is it the Beginning of a Market Change?

Posted on: August 11th, 2021 by Christy Beaver No Comments

July 2021 – Is it the Beginning of a Market Change? July showed an interesting shift in the market. Compared to June 2021, the total sold volume is down $152,614,612 a decrease of 19.5%. While the Median Sold price is up 12.5% from July 2020, it is down 2.6% from June 2021. The Cincinnati area… Read More »

June 2021 – Shows Closings on an Upward Trend

Posted on: July 8th, 2021 by Christy Beaver No Comments

“To no surprise of any REALTOR® working in today’s market, the median sold price continues to rise.” says Stephanie Sudbrack-Busam, President of the Cincinnati Area Board of REALTORS®. Low interest rates and inventory shortages continue to help sellers reap the benefits of this strong market. The median sold price difference between June 2020 and June 2021 is up… Read More »

It’s NOT OK to Contact the Seller

Posted on: June 28th, 2021 by Christy Beaver No Comments

With all the options for promoting listings on the internet, sometimes it’s not obvious that a property is listed, or who it is listed with.  That’s no excuse for contacting a seller directly. REALTORS® have a responsibility to make a reasonable attempt to determine whether a property is subject to an exclusive listing agreement prior… Read More »