Space Coast Association of REATLORS® Blogs

RPR Unveils Its New Next Gen Reports Template: Commercial Trade Area

By Kymberly Franklin posted 2 days ago
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RPR (Realtors Property Resource) has taken a significant step forward with its Next Gen Reports (Beta)—and we’re inviting your feedback to make them even better. We launched the beta test program in late 2024, and today, we’re excited to introduce another report template: the Commercial Trade Area template. This powerful addition supplies REALTORS ® with actionable insights into consumer preferences, purchasing behaviors, and demographic data, helping commercial clients make informed, data-driven decisions. With all Next Gen templates, REALTORS ® can create fully customized reports tailored to their clients’ unique needs. The ability to reorder, ...
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Space Coast MLS® Tip: Production Reports

By Kymberly Franklin posted 12 days ago
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Space Coast MLS® Tip: Production Reports When it comes to tracking your performance in the MLS, you have two great options for generating Production Reports: Production Report This report allows you to view production for multiple agents or offices, providing a comprehensive overview. Perfect for brokers or team leads who want a broader perspective. My Production Report This personalized option is tailored just for you, showing your individual production stats. Ideal for agents who want to track their own performance and achievements.
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Space Coast MLS® Tip: Reminder: Offers of Compensation Rules in MLS & Affiliated Products

By Kymberly Franklin posted 29 days ago
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Don’t forget that Making Offers of Compensation or “Intent” to Make Offers of Compensation in the MLS or any affiliated MLS/Association product (i.e; ShowingTime, Supra, Space Coast Launch Pad/Real Marketing Email Blast, etc) is an immediate file. What does “Intent” to Make Offers of Compensation mean? Do not include any type of language, that in short, was not used before the Compensation section was removed from the MLS. Phrases such as “Buyer’s Agents Welcome”, “Seller loves Buyer Brokers”, etc., though not specifying a particular amount, would still be considered as intending to convey that the Seller IS offering some sort of compensation. Any ...
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Brevard County MLS Statistics Report: November 2024

By Kymberly Franklin posted 12-18-2024
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Palm Shores, FL -- November 2024 Brevard County housing statistics report for Single-Family homes and Townhouses/Condos provided by Space Coast Association of REALTORS®, the voice for real estate in Brevard County. A quick recap of the Brevard County Residential Report for November 2024: Closed Sales are down -20.8% for November 2024 in which the number of units closed was 630 compared to 795 in November 2023, with a decrease in cash sales of -32.8%. New Pending Sales are up 6.6% and New Listings are up 10.9%. The Median Sales Price for Brevard Single Family homes is up 3.5% to $380,000 compared to a year ago, which was $367,000. ...
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Disaster Tax Relief Legislation Becomes Law

By Kymberly Franklin posted 12-18-2024
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Disaster Tax Relief Legislation Becomes Law The new law offers tax relief for some natural disaster victims, allowing them to claim losses without itemizing deductions and removes the AGI threshold. SARASOTA, Fla. — U.S. Rep. Greg Steube's push for a presidential signature is successful. Steube announced Friday that his Federal Disaster Tax Relief Act was signed into law by President Joe Biden. "This is a victory for every American who has faced the devastating toll of a natural disaster," Steube stated in a news release. "From Florida to California, disasters don't discriminate by state or party. This bipartisan legislation is a testament ...
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Florida REALTORS® Public Policy Update: December 13, 2024

By Kymberly Franklin posted 12-17-2024
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December 13, 2024 Public Policy Update Hello everyone. As we mentioned in our last update, the Senate was in Tallahassee this week for an Interim Committee Week focused on training and education. While it was light on policy discussion, it certainly was not void of it. Even with the holidays fast approaching, we are still seeing bills filed and comments from legislators in the news about what they would like to address in 2025. With that in mind, we thought this might be a good time to mention that your public policy team has been hard at work constructing our preliminary 2025 legislative agenda. This agenda represents the advocacy work we will ...
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Financing Commercial Real Estate

By Kymberly Franklin posted 12-12-2024
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Financing Commercial Real Estate Commercial buyers can use options including seller financing, lease to own and private lending to finance a purchase. NEW YORK — Question : I want to purchase commercial real estate, but I can’t finance it on my own, what can I do? Answer: It is not uncommon for a purchaser of commercial real estate to engage in some sort of commercial financing since it may not be possible to rely on traditional bank loans or conventional mortgage financing. Here are some popular methods of creative financing: Seller financed: In this scenario, the seller acts as the lender allowing the buyer to make payments directly ...
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Florida REALTORS® Public Policy Update: December 6, 2024

By Kymberly Franklin posted 12-09-2024
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December 6, 2024 Public Policy Update Hello everyone. We hope you all had a wonderful Thanksgiving holiday and were able to relax and enjoy time with your families. Tallahassee was somewhat quiet during the break but that was only the calm before the storm as House members spent this week in Tallahassee receiving training and Senate members will be joining us next week for a similar agenda of events. Both of these training weeks are technically part of the Interim Committee Week process, which you might recall serves as the preparation for the 60-day legislative session. During Committee Weeks, formal committees meet to hear testimony from experts ...
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Space Coast MLS Tip: Active Under Contract Status and Expiration Dates

By Kymberly Franklin posted 12-04-2024
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Space Coast MLS® Tip: Active Under Contract Status and Expiration Dates: REMINDER: When using Active Under Contract status, the Expiration Date WILL apply, so if your Listing Agreement expires while you’re in Active Under Contract Status, you will need to place it Back on the Market (extend the Expiration Date to the expected closing date; you can enter the day it expired as your Back on Market Date), then mark it back as either Active Under Contract or Pending. Also note, listings in Active Under Contract status do not show a ‘Back on Market’ tag on the listing. Active Under Contract = Old Back Up Status – Days on Market count ...
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RETechnology: Space Coast AoR First to Implement RentSpree's New Homebuyer Insights Feature

By Kymberly Franklin posted 12-04-2024
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Space Coast AoR First to Implement RentSpree's New Homebuyer Insights Feature December 03 2024 Space Coast Association of REALTORS®, which serves Brevard County, the 10th-most populated county in Florida, will be the first multiple listing service partner to implement and make available RentSpree 's new Homebuyer Insights feature to its 6,000 members. With Homebuyer Insights, agents will be better able to support and guide their clients on the path from renting to homeownership. The new feature leverages years of collected rental data and combines it with RentSpree's home sales model to provide agents with intel on who of ...
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Space Coast MLS® Tip: Access Draft Searches

By Kymberly Franklin posted 11-25-2024
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Access Space Coast MLS® Draft Searches Did you start a search and forget to save it? Learn how to access your recent draft searches you never saved.
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Florida’s Oct. Housing: Inventory Up, Prices Ease

By Kymberly Franklin posted 11-22-2024
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Florida’s Oct. Housing: Inventory Up, Prices Ease Florida Realtors Chief Economist: New listings of homes for sale in October were impacted by Hurricanes Milton and Helene. Inventory levels rose YoY. ORLANDO, Fla. — Florida’s housing market in October reported higher inventory levels (active listings) and easing statewide median prices compared to a year ago, according to Florida Realtors®’ latest housing data. “With more inventory available now and home price increases slowing, it’s a positive sign for homebuyers, who are seeing more opportunities to enter the market,” said 2024 Florida Realtors President Gia Arvin, broker-owner with ...
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Florida REALTORS® Public Policy Update: November 22, 2024

By Kymberly Franklin posted 11-22-2024
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November 22, 2024 Public Policy Update Hello everyone. First up, we just wanted to wish all of you a pre–Happy Thanksgiving as the update will be taking a break next week. We hope you all get to enjoy some much-needed time off with your family and friends. As for this week’s news, the main thing we wanted to bring to your attention was the small gathering here in Tallahassee on Tuesday that just happened to include all of Florida’s current and newly elected state legislators. Sarcasm aside, the event was Organizational Session which is where lawmakers adopt the procedural rules for their respective chamber, formally elect ...
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The Space Coast Association of REALTORS® is proud to announce the election of REALTOR® Champion Patricia Weeks

By Kymberly Franklin posted 11-22-2024
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REALTOR® Champion Patricia Weeks Elected to Cocoa City Council District 3 Seat and Appointed Deputy Mayor The Space Coast Association of REALTORS® is proud to announce the election of REALTOR® Champion Patricia Weeks to the Cocoa City Council District 3 seat. A dedicated real estate professional and community advocate, Weeks was officially sworn into office during a recent ceremony at Cocoa City Hall. In a notable highlight of the event, Mayor Michael Blake nominated and the Council appointed Weeks to serve as Deputy Mayor, recognizing her outstanding leadership and commitment to the Cocoa community. “I am deeply honored to represent District 3 ...
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Brevard County MLS Statistics Report: October 2024

By Kymberly Franklin posted 11-19-2024
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Palm Shores, FL -- October 2024 Brevard County housing statistics report for Single-Family homes and Townhouses/Condos provided by Space Coast Association of REALTORS®, the voice for real estate in Brevard County. You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties. A quick recap of the Brevard County Residential Report for October 2024: Closed Sales are down -1.0% for October 2024 in which the number of units closed was 762 compared to 770 in October 2023, ...
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Brevard County MLS Statistics Report: Q3 2024

By Kymberly Franklin posted 11-19-2024
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Palm Shores, FL -- Q3 2024 Brevard County housing statistics report for Single-Family homes and Townhouses/Condos provided by Space Coast Association of REALTORS®, the voice for real estate in Brevard County. You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties. A quick recap of the Brevard County Residential Report for Q3 2024: Closed Sales are up 0.6% for Q3 2024 in which the number of units closed was 2,651 compared to 2,635 in Q3 2023, with a decrease in cash ...
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Third Quarter Tourism Up in Florida

By Kymberly Franklin posted 11-15-2024
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Third Quarter Tourism Up in Florida By Jim Turner Despite hurricanes in August and September, Visit Florida estimated 34.61 million people traveled to Florida in Q3, up from the same period in 2023 and 2022. TALLAHASSEE, Fla. — Florida posted a record third-quarter tourism total this year, with the numbers bolstered by U.S. visitors as international travel continued to lag behind pre-pandemic levels, according to the Visit Florida tourism-marketing agency. Despite the state taking hits from two hurricanes in August and September, Visit Florida on Monday estimated 34.61 million people traveled to Florida during the third quarter, up from ...
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Space Coast MLS® Tip: Fun with Photos

By Kymberly Franklin posted 11-08-2024
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How to Designate a Primary Photo The primary image for a listing is outlined in blue, with the flag icon selected and the label "Primary Image". To change the primary photo, click the flag icon on the desired photo. How to Rearrange Photos: The number in the upper left corner of each photo indicates the order in which it appears on the listing. To rearrange photos, click on a photo and drag it to a new position. Alternatively, you can click the drop-down arrow next to the number in the upper left corner of a photo, then choose a position number.
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Condolences to the family of Vivien McKune

By Kymberly Franklin posted 11-08-2024
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Condolences to the family of Vivien McKune   It is with deep sorrow that we announce the passing of Vivien McKune, who departed from this world on October 29, 2024, in Melbourne, Florida, at the age of 84. Born on August 20, 1940, in Chicago, Illinois, Vivien lived a life filled with love, dedication, and warmth. A devoted mother, grandmother, friend, and respected realtor , Vivien spent much of her career helping families find homes both in Melbourne and on the North Shore of Chicago. With an associate degree and a passion for real estate, she touched the lives of many through her work and her genuine kindness. Vivien shared a love for travel ...
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Volunteer for The Space Coast Association of REALTORS® 2025 Committees Today!

By Kymberly Franklin posted 11-07-2024
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Volunteer for our 2025 Committees! Volunteering on a committee at the Space Coast Association of REALTORS® is not just an opportunity, it's a launchpad for your career and a chance to give back to the community! Here’s why you should consider it: Networking Opportunities: Connect with fellow Realtors, industry leaders, and professionals to expand your professional circle and forge valuable relationships. Skill Development: Enhance essential skills like leadership, negotiation, and project management through hands-on experiences that enrich your professional toolkit. Industry Insight: Gain a deeper understanding of current industry ...
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