Florida Realtors News

Artificial intelligence (AI) – really just a giant computer network – needs space to operate, making digital-data space a high growth commercial-market niche.

Nykia Wright becomes interim Chief Executive Officer on Nov. 20. The former Chicago Sun-Times CEO replaces Bob Goldberg, who plans to retire.

An apartment complex with Hurricane Ian damage found it didn’t have flood or property insurance because its agent didn’t renew them and pocketed the payments.

Recession fears and rising interest rates created caution in the commercial market. Lenders pulled back and, so far, 2023 has seen the slowest growth since 2011.

In a nutshell: Unless a contract states that a copy of an escrow deposit must be sent to the seller, a buyer or their agent has no legal obligation to do so.

It isn’t always a simple answer. A contract may offer advice, but buyers can sue for “specific performance.” And it’s not just the house – agents representing the buyer and/or seller may also deserve compensation.

A Realtor sold personal property outside her brokerage as a FSBO (for sale by owner). After the sale, though, the buyer filed a complaint and she was found in violation of Article 12. If it’s a FSBO sale, how is that a violation?

4 out of 5 RE investors and developers plan to boost their tech budget over the next three years because major complicated decisions increasingly require new tech.

If a seller’s home has solar panels, they should research how those panels could impact their transaction before going under contract.

Forged deeds, driver’s licenses, titles, etc., continue to grow as real estate-theft scams, in part because the tactic often works and, when it does, nets a criminal hundreds or thousands of dollars in fake real estate sales. They even have a name now: Title Pirates.