It’s been a very busy and productive year for us and the next few months show no signs of slowing down.
As summer comes to an end and we began to transition in to the fall season, we continue to explore innovative ways to market listings to our customers and clients and new policies that increase homeownership opportunities.
Sustainability in real estate has become an area of focus for our industry. Taking care of the environment, energy efficiency and green features are topics often talked about when addressing sustainability.
Consumers are showing greater interest in living green. So, it’s important that we explore what that means and how this can benefit our industry as well as prospective buyers and sellers.
Our feature article in this issue (page 6) takes a deep dive in to explaining sustainability—energy efficient features, available resources, classes, and much more.
We are pleased to announce that HUD recently finalized its new FHA condo loan polices, which includes extending certifications from two years to three, allowing for single-unit mortgage approvals, providing more flexibility with owner/occupancy ratios, and increasing the allowable number of FHA loans in a single project.
The rule will go into effect Oct. 15, 2019. HUD believes the changes will provide important benefits to aspiring homeowners as well as confirm the agency is properly serving the public.
As you may have already heard, our CEO Stan Collins is retiring at the end of the year (12/31/19). We’ve put together a CEO Search Committee and have hired a local firm, Beecher Hill, to help us conduct a national search for our Stan’s successor. Our goal is to have that person on board before the end of the year to help the transition go smoothly. We’ll keep you posted.
And, last but certainly not least, safety is an important issue for our industry, and it should always be top-of-mind as we go about our day to day lives.
But it takes on a special significance as September is National REALTOR® Safety Month. It’s our annual reminder to always be aware of our surroundings, reassess our safety practices and procedures to ensure that they are still relevant, and to seek out what’s new in gadgets/technology designed to keep us safe on the job.
Homesnap has a safety time built right into the app. It includes a video demo which teaches you how to use it.
You’ll find a few safety tips on page 38 that you might want to include in your safety arsenal.