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REALTORS®:  Please Take Action Now

REALTORS® are targeted by patent trolls at alarming rates for simply using common business technologies like dropdown menus and search functions on websites or scan-to-email technologies found in every office scanner.  Patent trolls exist solely to purchase old patents and to use the threat of expensive lawsuits to extort money from legitimate businesses.  Congress must pass common-sense comprehensive patent litigation reform to protect Main Street businesses and REALTORS® from patent troll abuse. CLICK HERE to tell your U.S. Representative to support legislation to stop patent trolls and protect the real estate industry from frivolous lawsuits.

Residential Property Condition Disclosure Report Form - UPDATED

As of Tuesday, April 21, 2015, DCP is posting on their site definitive guidance as to when use of the revised Residential Property Condition Disclosure Report is required. Moving forward, with any listings that were not under contract as of the date of the revised form (March 23, 2015) you will need to have sellers complete the revised form. There is recognition by DCP that this conflicts with other communications received and delivered in the past month. You can get the new form here or the fillable form here.

Foreclosure by Market Sale FAQ

Effective January 1, 2015 a new law goes into effect that provides an additional method of foreclosure which will support the real estate market by selling foreclosed residential properties at market prices, including the ability to market in the MLS.  Foreclosures by Market Sale are overseen and then approved by the Court in order to close the sale while the property is in foreclosure. Please check out the FAQ for more complete information on the process. Also note that as this is a new concept, as more experience is developed with the actual process this information is likely going to expand or change. CTR continues to appreciate all the hard work of our members that went into making this legislation a reality.

July Shows Rise in Single-Family Home Sales

Connecticut REALTORS is providing monthly home sales and townhouse/condominium sales statistics to the media. Here is the July 2015 release.

Click here for the press release.
Click here for a larger view of the infographic.

Updated Flood Site Now Available

CTR has updated our site on flood issues to give you and the public information about flood insurance, preparedness, plus national and state resources related to flood issues.  You are welcome to include the CTR logo on your company and/or agent sites and to link directly to that page.


12 Quick Questions for 2015 CTR President Sandy Maier Schede

Sandy was licensed in 1973, is an owner and REALTOR® with Maier Real Estate in Meriden and a member of the New Haven Middlesex Association of REALTORS. She lives in Meriden with husband Ernie and they have one daughter who lives in North Carolina.

1) Why did you start in real estate? It was a natural progression as my parents started Maier Real Estate in 1959 and I grew up in real estate. I took my test the last day of my junior year of high school. I worked in real estate through college then full time after that.

2) What was your first sale? My first sale was too long ago to remember. Let’s just say I’m enjoying selling homes to the children of past clients.

3) What led you to the Presidency of CT REALTORS®?  The faith and confidence in me of other REALTORS® led me to the presidency and for that I thank them.

[Read more...]



Important Carbon Monoxide Detector News

The threat of Carbon Monoxide is real and as of January 1, 2014, Sellers of 1-2 family homes built prior to October 1, 2005 arerequired to furnish their purchasers with an affidavit that the property has working smoke and carbon monoxide detectors or to provide a credit. CTR has set up a page to provide information on the law and the changes here. You can download the revised affidavit (effective July 1, 2014).