• 2024 Snapshot of Race and Home Buying in America

    July 8, 2024

    - By NAR Contributing Article

    The 2024 Snapshot of Race and Home Buying in America delves into homeownership trends within each racial group and explores obstacles encountered in the pursuit of homeownership. Leveraging NAR’s 2023 Profile of Home Buyers and Sellers data, the report also explores the demographics of home buyers, motivations for purchasing, types of properties acquired and financial profiles – specifically focusing on racial distinctions.
    Read More
  • Notes From the Legal Hotline: July 2024

    July 1, 2024

    - By The MAR Legal Team

    Q: How and when will MAR be updating forms to comply with the practice changes proposed in the National Association of REALTORS® Settlement?
    Read More
  • Notes From the Legal Hotline: June 2024

    May 31, 2024

    - By The MAR Legal Team

    Q: Can a landlord refuse emergency or temporary housing assistance payments? Can a landlord deny those tenants because the housing program requires a vacant unit for inspection, and this costs the landlord money?
    Read More
  • Notes From the Legal Hotline: May 2024

    May 1, 2024

    - By The MAR Legal Team

    Q: I have heard that the NAR settlement received preliminary approval and the opt-in period has begun. What does it mean to be covered by the settlement and do I need to do anything as a member of MAR?
    Read More
  • Notes From the Legal Hotline: April 2024

    April 11, 2024

    - By The MAR Legal Team

    Q: What do REALTORS® need to know about Fair Housing? A: Everything! REALTORS® play a pivotal role in ensuring fair housing compliance throughout a transaction. When working with buyers, not only should REALTORS® ensure that equal access to available properties is provided, but also that prospective buyers are not directed towards or away from certain neighborhoods based on demographics. Do not make assumptions about where a prospective buyer might like…
    Read More
  • White House Announcement on Housing

    March 13, 2024

    - By NAR Contributing Article

    This is an NAR contributing article written by Erin Stackley On Thursday, February 29, the White House announced its “New Actions to Boost Housing Supply and Lower Housing Costs,” aimed at creating more affordable homes and increasing transparency in rental housing.
    Read More
  • Notes From the Legal Hotline: March 2024

    February 29, 2024

    - By The MAR Legal Team

    Q: What disclosures are required in Massachusetts? A: Massachusetts real estate transactions are generally ruled by the principle of caveat emptor, or buyer beware. Massachusetts home sellers are only required to inform prospective purchases of whether the property is serviced by a septic system (Title 5) and, for properties built prior to 1978, sellers must provide a Property Transfer Lead Paint Notification & Certification. Further, any information provided by a…
    Read More
  • Notes from the Legal Hotline: February 2024

    February 1, 2024

    - By The MAR Legal Team

     Q: Can commissions be paid to an LLC? A: Whether commissions can be paid to an LLC depends on how the LLC is established and by whom. First and foremost, Massachusetts real estate licensing laws prohibit the sharing of fees, commissions, or other valuable consideration with an unlicensed individual. This restriction extends to corporate entities, such as LLCs, which must be validly licensed. For a corporation to become licensed, Massachusetts…
    Read More
  • Notes From the Legal Hotline: January 2024

    December 21, 2023

    - By The MAR Legal Team

    Q: An unrepresented buyer attended my open house and scheduled a follow up showing with me. I answered all their questions about the property and now they want to submit an offer using a buyer’s agent. Can I tell the buyer they can’t use their own agent at this point? A: No. A buyer may choose who they want to represent their interests in a real estate transaction, and a…
    Read More
  • 2023 Year in Advocacy Review

    December 13, 2023

    - By The MAR Legal Team

    2023 was a banner year by any metric for MAR advocacy success. Here’s the rundown:  Fighting Rent Control and Transfer Taxes  2023 saw the rise in two significant threats to housing in Massachusetts – rent control and transfer taxes. The former was proposed as part of a sweeping ballot question to be included on the 2024 election ballot. Fortunately, supporters fell significantly short of the required signatures to reach the…
    Read More