Luxury Home Marketing Group May Focus:
Impact of New Regulations on the Luxury Home Marketing Place
Members of the Raleigh-based Luxury Home Marketing Group discussed the potential impact of pending regulations on buyer and sellers in the Luxury Home marketplace. A group discussion outlined the anticipated changes in the Real Estate Settlement Procedures Act (RESPA), and how to prepare home buyers and sellers for the changes.
“Our group’s strengths include continuing education and networking what we learn with each other,” said LHMG President Jill Rekuc. “Changes to RESPA may delay the amount of time it takes to close a home, cost homebuyers more in attorney’s fees and change how certain administrative tasks are handled. Knowing about these changes early helps us prepare our clients to know what to expect.”
Additionally, Denise Beatty of Towne Mortgage of the Carolinas (NMLS#512138) shared information on new Jumbo Mortgage programs with the group, with down payments as low as 5%.
May’s tour included the following homes: 529 Wayne Drive, Fallon Park, Raleigh, represented by Mollie Owen; 1510 Scales Street, Five Points, Raleigh, represented by Linda Bird Kolarov; 3400 Harden Road, Meredith Trail, Raleigh, represented by Kathy Beacham; 9504 Koupela Drive, Sheffield Manor, Raleigh, represented by Steina DeAndrade; 12420 Bayleaf Church Road, Carlyle, Raleigh, represented by Kimberly Conroy and 1116 Longstone Way, Chatsworth, Raleigh, represented by Shawn Britt.
The Luxury Home Marketing Group is always seeking strategic partners. If your business involves elite homes, and you are interested in membership, contact President Jill Rekuc at 919-389-0555. Visit the LHMG blog, http://luxuryhomemarketinggroup.wordpress.com, website, https://www.luxuryhomemarketinggroup.com, and Pinterest board (http://pinterest.com/lhmgraleigh/) for more details. The Luxury Home Marketing Group’s marketing partner is Towne Mortgage of the Carolinas (NMLS #214800).
Background: The group was formed in 2004 as a coalition of luxury home real estate experts, representing luxury home buyers and sellers by applying extraordinary real estate expertise and service in Raleigh, Cary, Wake Forest, Durham, Chapel Hill, Research Triangle Park and surrounding counties. Executive Board members are: President Jill Rekuc of Olde Raleigh Real Estate, LLC , Vice-President Linda Bird Kolarov, Secretary Deborah Nance Treasurer, Lindsay Taylor and Past-President Linda Craft, Linda Craft & Team, REALTORS®. Members include Kathy Beacham, Shawn Britt, Kimberly Conroy, Steina DeAndrade, Ida Terbet, Mary Edna Williams, Mollie Owen, Leslie Young and Gail Perry.
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Elegant Dining! 529 Wayne Drive, Fallon Park, Raleigh. Represented by Mollie Owen |
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Inside the Beltway Charm! 1510 Scales Street, Five Points, Raleigh. Represented by Linda Bird Kolarov |
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Excellent Entryway! 3400 Harden Road, Meredith Trail, Raleigh Represented by Kathy Beacham |
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Estate Style Living!
Represented by Steina DeAndrade |
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Room to Entertain! 12420 Bayleaf Church Road, Carlyle, Raleigh Represented by Kimberly Conroy |
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What a Wine Celler! 1116 Longstone Way, Chatsworth, Raleigh. Represented by Shawn Britt |
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