Columbus REALTORS® e-notes for August 25, 2017

Inventory Creeps up
Central Ohio housing inventory continued to increase during the month of July to 5,498, an 8.3 percent increase over June, although still down 14.1 percent from July 2016. This left central Ohio with a 2.0 months supply of inventory at the current sales pace. Read more.

Call for Action - Pass the 21st Century Flood Reform Act!
REALTORS® - Please urge your member of Congress to pass “The 21st Century Flood Reform Act” H.R. 2874 as soon as possible! Without Congressional action by 9/30, authority for the National Flood Insurance Program (NFIP) will expire. If the NFIP lapses, more than 40,000 real estate transactions per month will be in jeopardy. Read more and take action here.

At Home with Diversity is 9/14

Check out the At Home With Diversity (AHWD) class offered Sept. 14! This 6-hour NAR certification program will prepare you to work effectively with clients from diverse cultural, ethnic, religious, gender, handicap, familial status and national backgrounds. Expertise gained in this class will enable you to help your clients with sensitivity and understanding. This class qualifies as an elective for the CRS, ABR, CIPS and PMN designations. Early bird discount price: $99. Sign up today!

New Program to Help Buyers Bypass Appraisals

A new program now allows some home buyers to skip a traditional appraisal, which could lower the fees the buyers pay and speed up the closing process. More info here.

Could Value Range Pricing Become a Thing?
This tactic is still relatively rare, but it’s becoming more popular because it offers advantages to both buyers and sellers. More info.

Report: Kids Have Big Say in Real Estate
Children under 18 are having an influence on home buyer and seller decisions. Read more.

News for your clients!
You Could Be Wrecking Your Home — And Not Know It (Yet)

First-time homeowners often make these 9 common — and avoidable — mistakes. Read more.