Typical Commercial Agent Now Makes $120,800

Commercial prices continue to head up, at least among smaller properties in secondary and tertiary markets. As a result, the typical commercial agent is making $120,800, an 11 percent increase from the previous year, when the median income was $108,500. The income gains come even as agents on average are doing fewer deals, eight as […]

Read more

6 Flood Insurance Myths Debunked

(TNS)—If a flood swamps your home, will insurance cover the damage? That depends on the value of your home, the amount of water damage and whether you have a flood insurance policy. Regular home insurance doesn’t cover flooding. You’ll need a policy offered through the government’s National Flood Insurance Program (NFIP)—but note that those top […]

The post 6 Flood Insurance Myths Debunked appeared first on RISMedia.

Read more

What to Expect at This Month’s REALTORS® Legislative Meetings & Trade Expo

NAR’s annual REALTORS® Legislative Meetings & Trade Expo in D.C. is right around the corner. Thousands of Realtors® will flock to Washington the week of May 15 to hear from industry experts on the top issues impacting real estate. In addition to three core focuses this year – tax reform, the National Flood Insurance Program and the importance of sustainable […]

Read more

Flood Insurance Critical for a Vibrant Housing Market

Each year, the federal government spends billions of dollars on disaster relief to flood victims—all at taxpayer expense. While floods claim more lives and property than any other natural disaster, it’s important to note that flood disasters have been declared in every state in the past five years alone. Floods are not only coastal issues, […]

The post Flood Insurance Critical for a Vibrant Housing Market appeared first on RISMedia.

Read more

Story Idea: How NFIP Expiration Would Affect Homeowners

On September 30, less than six months from now, the National Flood Insurance Program will expire. The National Association of REALTORS® is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold, but REALTORS® warn the program’s September 30 reauthorization deadline is a threat to […]

Read more

Tick Tock! National Flood Insurance Program Expires in Six Months, and Realtors® Are Sounding Alarm Bells

The National Flood Insurance Program provides affordable flood insurance to property owners across 22,000 communities, protecting homes and businesses from major flood disasters. But the program requires Congressional approval, and the clock is ticking. With just six months to go until a critical September 30 deadline, Realtors® are calling on Congress to do something about […]

Read more