No Contemplated Interest When Appraised

No Contemplated Interest When Appraised

By Shannon Allen When Realtors prepare a value or price opinion, other than in pursuit of a listing or to assist a potential buyer in formulating a purchase offer, the opinion must include any present or contemplated interest, including the possibility of representing...
Two Forms Can Protect Backup Offers

Two Forms Can Protect Backup Offers

By Richard Swank In a strong seller’s market, addenda W and X can help sellers accept a top offer while protecting their next option if the deal falls through. ORLANDO, Fla. – At last count, Florida Realtors® offers members over 300 forms to use in their day-to-day...
New Appraisal Standards Could Change Transactions

New Appraisal Standards Could Change Transactions

By Amy Connolly A nationwide overhaul of appraisal reporting is underway, bringing more detailed property data and standardized reporting requirements. ORLANDO, Fla. – Appraisal reporting is undergoing a major overhaul nationwide. The changes began in September 2025....
Many buyers misunderstand home insurance coverage

Many buyers misunderstand home insurance coverage

A new survey found many Americans misunderstand what standard homeowners and auto insurance policies actually cover, including flood damage, rebuilding costs and common exclusions. For Realtors, the findings underscore why insurance literacy should be part of...