About Craig Orsi

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So far Craig Orsi has created 63 blog entries.

Cape Cod Market Update: Median Sale Price Rises Again; Pending Sales Dip


WEST YARMOUTH, MA—(October 16, 2017) According to preliminary data released last week by the Cape Cod & Islands Association of REALTORS® (CCIAOR), 467 homes sold in September, 356 single-family homes and 111 condominiums. Median sales price was $425,000 for single-family homes and $286,500 for condominiums. Last September, 514 homes (406 single-family homes and 108 condos) [...]

FlexMLS Update – Listing Input & Dimensions


Listing Input – CCIMLS has moved School District and Mass Use Code into the Main Fields area of the listing input form in FlexMLS and they will now be auto-populated. While we work to make the listing input process more streamlined, we are currently reviewing all the fields in the Detail tab on listing input. [...]

LOCAL NEWS: Barnstable Offers Home Loans to Stabilize Neighborhoods


The town of Barnstable launched the Hyannis Homebuyer Assistance Program late last week, taking action to stabilize neighborhoods by helping low and moderate income homebuyers. The program consists of  interest-free loans of up to $75,000 each. These loans are available for qualified applicants to purchase a home in the village of Hyannis. The first phase of the program [...]

Legal Hotline: My Deal Fell Apart Because of An Unfavorable Inspection. Now What?


I represent the seller in a deal that fell through due to an unfavorable home inspection report. Do I have to disclose to future prospective purchasers the reasons why the original buyers backed out? Most likely, yes. Attorney General regulations explaining Chapter 93A provide that it is a violation when an agent, “fails to disclose to [...]

REMINDER – No FlexMLS Fax-In Option After October 4th


Reminder As of October 4th, there will no longer be a FlexMLS fax-in option. Please scan and upload documents to the system directly, email a copy to mlssupport@cciaor.com, or fax a copy to 508-437-7948.   What’s the Difference Between a Subscription & the Portal? Definition of a Subscription: A Subscription is a way to send [...]

Legal Hotline: My Client Doesn’t Know If Permits Were Pulled for Their Basement


It can be a difficult situation if you are dealing with a seller or potential seller who is unsure if the permits for finishing their basement were obtained. Here are the basics of the legal and ethical considerations REALTORS should consider when advising their seller and your requirements for disclosure: The State Building Code requires [...]

MLS Reminders: Listing Agreement Uploads & Interactive Emails


Listing Agreement Upload Agents who uploaded listings between the dates of March 6, 2017 and March 31, 2017 will want to be sure that they have uploaded a listing agreement. During this time-frame we had to deactivate the requirement for document upload while Flex transferred the appropriate documents from our previous MLS software. If you [...]

Student Debt Delaying Millennial Homeownership by 7 Years


WASHINGTON (September 18, 2017) – Despite being in the prime years to buy their first home, an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame for what they typically expect to be a seven-year delay from buying. This is according to a new [...]

How To Reverse Prospect in FlexMLS


Are you using reverse prospecting? Members may now email agents directly from the Reverse Prospecting screen, the recipient's email will include their contact's contact information. This will help you save time when receiving a Reverse Prospecting email: you can see which of your contacts have searches that match the listing before running Match Contacts. Only [...]

Inventory Stays Low, Median Sales Price Increases – August 2017 Cape Cod Real Estate Statistics


WEST YARMOUTH, MA—(September 14, 2017) According to preliminary data released last week by the Cape Cod & Islands Association of REALTORS® (CCIAOR), 482 homes sold in August; 367 single-family homes and 115 condominiums. Median sales price was $396,000 for single-family homes and $267,500 for condominiums. Last August, 474 homes (382 single-family homes and 92 condos) [...]