May 14, 2025

Tri-County Suburban REALTORS® continues to provide members with the latest real estate market conditions through our Monthly Residential Market Statistics, now expanding to include bordering school districts (Brandywine, Christina, & Red Clay Consolidated) within New Castle County! This addition enhances the comprehensive data we already offer for all school districts in Chester, Delaware, and Montgomery counties, as well as Philadelphia and select Berks County districts. With many Pennsylvania REALTORS® maintaining reciprocal licenses in Delaware, this update ensures our members have the insights they need to serve clients across state lines. Stay ahead with the latest market trends.

The reports are updated between the 10th and the 12th of the month for the previous
month’s statistics.

If you have questions or requests, please contact Tri-County Suburban REALTORS® Director of Marketing and Communications, Lauren Davis.

An assortment of reports is also available to Bright MLS subscribers at BrightMLS.com such as a monthly Market Report, and a Marketing ToolKit to coincide. Once logged into their site, click the "Market" tab and choose the "Market Statistics Report" button in the drop-down menu to access various reports.

For shareable graphics, click the images throughout this piece, or visit our Facebook page! 

The MCE Season Pass from the Association of REALTORS® School (ARS) is your all-access ticket to fulfilling Pennsylvania real estate license renewal requirements for the 2024–2026 cycle.

Available for purchase through your Secure Member Portal starting Thursday, May 15, the MCE Season Pass allows you to register for, and attend unlimited standard continuing education (CE) courses—both required and elective—between July 1, 2025, and May 31, 2026, for a one-time fee of $125. All Tri-County members are eligible to purchase the MCE Season Pass. 

On Thursday, May 15, the first 3 months of available CE courses will also be open for registration at tcsr.realtor/events. Classes begin July 1, and there are options to fit every schedule and learning style.

To make planning easier, you can sort the class calendar by tags such as “Required,” “Elective,” “Virtual,” and more. Whether you’re looking for a specific topic or want to complete your required hours, it’s easy to find what you need.

Want to know what CE you need for license renewal?
The Pennsylvania Real Estate Commission requires all real estate licensees (including brokers and associate brokers) to complete 14 hours of education each renewal period. 

Continuing education requirements vary depending on when your license was issued and whether this is your first renewal cycle. Visit our CE requirements page for all the details!

The more classes you attend, the more you save!
WITH THE MCE SEASON PASS: Tuition for 14 hours of standard continuing education is $125. Then you can take additional electives at no extra cost!

WITHOUT THE MCE SEASON PASS: Tuition for 14 hours of standard continuing education on average costs $210. ($75 in required courses + $135 in elective courses)

That is a savings of at least $85!!!
Your investment in taking classes through the Association means your transcripts are always available in your member portal—and your dues dollars stay low.

Visit tcsr.realtor/mcepass for inclusions, exclusions, and more.
Contact 610-560-4900 with questions.

Raise your hand (or pretend you did) if you’ve recently read — and really paid attention to — the words of the Home/Property Inspections and Environmental Hazards section of Paragraph 12 in the Standard Agreement for the Sale of Real Estate (Form ASR). On any given day, we end up surprising a Legal Hotline caller with the extent of what a buyer is allowed to inspect just by electing the first inspection. 

From the roof to the foundation—and everything in between—buyers can inspect nearly any part of a property, as long as it’s not already covered elsewhere. But how many inspections are allowed? Who qualifies as a "professional"? And what happens if Uncle Gary brings his toolbox? Desiree Brougher, Esp. Assistant General Counsel for PAR breaks down what buyers can inspect, how it needs to be done, and what "non-invasive" really means in the JustListed article, linked here. 

Want to learn more about the home inspection process? Tri-County is offering its next free seminar - Anatomy of a House on June 17th, taught by Certified Home Inspector, Joe Palladino. Register today.

Tri-County Suburban REALTORS® Commercial Chapter invites you to step inside one of the region's most distinctive redevelopment projects: Station Partners at Ambler Yards. This unique event, set for Wednesday, May 21, 2025, will offer attendees an exclusive tour and in-depth discussion led by Matt Sigel, Principal at Station Partners, who played a key role in bringing this dynamic project to life.

Located in the heart of Ambler, PA, Ambler Yards is a testament to the power of adaptive reuse and forward-thinking design. What was once a collection of aging industrial buildings has been transformed into a vibrant commercial hub featuring one-of-a-kind workspaces—from traditional offices and co-working areas to flex spaces, open lofts, warehouses, and a state-of-the-art conference center. With ample parking and a dynamic layout, the development stands as a model for modern commercial real estate innovation.

Event Schedule:
3:30 pm – Event Registration
4:00 - 5:00 pm– Presentation & Facility Tour with Matt Sigel
5:00 - 6:00 pm– Happy Hour & Networking at Well Crafted Ambler Brewery and Beer Garden (onsite) Enjoy a selection of appetizers and an open bar while connecting with fellow commercial real estate professionals.

This event is an exceptional opportunity to gain insight into the challenges and strategies behind redeveloping industrial spaces into thriving, multi-use environments. Whether you're a seasoned commercial real estate practitioner or looking to expand your industry knowledge, this experience promises to be both educational and inspiring.

Meet the Developer: Matt Sigel
With more than 20 years of experience in real estate development, acquisitions, and portfolio management, Matt Sigel brings deep expertise to the table. As a General Partner at Ambler Yards, co-owner of Kingston Urban Development, and owner of Larum Real Estate Consulting, he has been instrumental in shaping numerous high-profile projects across the country.

Previously, Matt served as Chief Investment Officer at Post Brothers Apartments and Keystone Property Group, as well as Portfolio Manager at The Rubenstein Company. His extensive portfolio includes more than $1 billion in acquisitions, redevelopment, and dispositions across major markets, including South Florida, Atlanta, Northern Virginia, Delaware, Pittsburgh, Chicago, Boston, and Philadelphia.

A graduate of Pennsylvania State University with a degree in Finance, Matt is also a licensed Pennsylvania Real Estate Broker and has held leadership roles with NAIOP National Forums and TriState REALTORS Commercial Alliance.

Don’t Miss This Exclusive Experience
Ambler Yards is more than just a commercial development—it’s a bold reimagining of how workspaces can function and thrive in today’s business landscape. Join us for this engaging tour, insightful discussion, and lively networking session to discover what makes this project a standout in the commercial real estate sector.

Tri-County Suburban REALTORS® is pleased to welcome Jim Oliverie, Senior Customer Success Coach with Bright MLS, as a dedicated resource for our members.

Jim is here to help you make the most of Bright’s tools and services. Whether you have a quick question or want to dive deeper into a feature, he’s just a call or click away.

📞 Phone: (610) 205-3346
📧 Email: jim.oliverie@brightmls.com
📅 Schedule a 1:1 Meeting with Jim

Looking to sharpen your Bright MLS skills? Take advantage of free virtual training offered through our partnership with Bright.
➡️ View the training calendar and register here (Bright login required)

Unless there’s a major change in numbers, taxes in the Unionville-Chadds Ford School District will increase again. During a presentation of the proposed final budget, finance director Joe Deady said the proposed budget increases anticipated revenue and expenditures, and raises the property tax rate. Expenditures are anticipated at almost $108.42 million, an increase of almost $2.6 million or 2.44%, over the current budget. For Chester County property owners, the budget would mean a 33.91 millage rate, up 3.99%, adding $344 to the average tax bill. In Chadds Ford, the lone Delaware County municipality in the district, the new rate would be 19.25 mills, a 3.66% increase, for a $305 average increase. The vote on the final budget is expected at the June 16 regular board meeting.
Source: Chadds Ford Live; 5/6/2025 

May 15th | 1:00pm-2:00pm
Creating a CMA in Bright MLS I Virtual Webinar
Virtual via Bright MLS

May 21st | 4:00pm-6:00pm
Developer’s Forum and Happy Hour – Ambler Yards
Station Partners at Ambler Yards

June 12th | 4:00pm-6:00pm
REALTOR® Happy Hour and Affiliate Expo | Fox Barn at Twenty9
Fox Barn at Twenty9

June 17th | 11:00am-12:30pm
Anatomy of a House – Free Seminar
Tri-County Suburban REALTORS® (In-Person Only)

June 19th | 1:00pm-2:00pm
New Listing Submission in Bright MLS I Virtual Webinar
Virtual via Bright MLS

Contact Us
610-560-4800
info@tcsr.realtor

Office
1 Country View Road
Suite 201
Malvern, PA 19355