- Monthly Market Statistics for June 2025 Available on TCSR Website
- Nailing the Written Corrective Proposal
- Save the Date - Commercial Real Estate Bootcamp Returns This Fall!
- Use 'Navigating The Home Buying Journey' to Educate Your Clients—and Stand Out as a Trusted Guide
-
Bright MLS: Explore the Timesaving Features of Your New Listing Solution!
- SRA: Chester City Repeals Pre-Sale Inspection Requirement for Residential Properties
- Calendar of Events
|
Monthly Market Statistics for June 2025 Available on TCSR Website |
|
|
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 already offered for 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.
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!
|
|
|
Nailing the Written Corrective Proposal |
When buyers elect the inspection contingency in PAR’s Agreement of Sale (Form ASR), they have three options: accept, terminate, or negotiate. If they choose to negotiate, the Written Corrective Proposal (WCP) becomes key. Here's what to keep in mind:
Put It in Writing
No casual texts or vague notes—use Form BRI. It must include specific corrections or credits and be signed by both parties. Clarity prevents confusion and strengthens enforceability.
Identify the Reports
The buyer should specify which inspection(s) the WCP addresses. Buyers can submit multiple BRIs if different reports return at different times, but all requests must be made within the inspection contingency period.
Contractors & Deadlines
If the buyer wants a specific contractor or product used—or wants work done by a certain date—they must say so in writing. Otherwise, the seller can choose how and when to complete repairs (up to settlement), as long as it’s done in a workmanlike manner.
Include Follow-Up
Want a contractor to re-check the work? Spell it out in the proposal. Standard walk-throughs don’t automatically allow for third-party inspections.
Sellers Need Clarity Too
WCPs aren’t demands—they’re negotiations. If a request is unclear or overly broad, the seller should ask questions and confirm details before agreeing.
Don’t Miss the Deadline
The WCP must be submitted before the inspection contingency expires. Submitting it late means the seller is no longer obligated to negotiate—and the buyer loses their right to terminate based on the inspection.
For the full article via PAR's JustListed Blog, click here.
|
| |
Save the Date - Commercial Real Estate Bootcamp Returns This Fall!
|
Thinking about expanding your business into commercial real estate? The Commercial Real Estate Boot Camp is designed specifically for real estate licensees who want to explore a potential shift into the commercial side of the industry.
Led by experienced commercial practitioners, this four-part series is FREE for members of Tri-County, and offers a solid foundation for understanding the unique aspects of commercial real estate. While attending all four sessions is recommended for the full experience, each one is structured to stand on its own. Courses begin October 8th, they are NOT eligible for CE credits.
Session 1: The ABC’s of Commercial Real Estate
Session 2: Commercial Real Estate Sales
Session 3: Commercial Real Estate Leasing
Session 4: Title and Commercial Financing
To register, members can visit their Secure Member Portal.
Non-members are also welcome to attend. For non-member registration, please email mcarlin@tcsr.realtor directly, or call 610-560-4800 to reserve your spot.
|
Use 'Navigating The Home Buying Journey' to Educate Your Clients—and Stand Out as a Trusted Guide |
Whether you work with first-time buyers or seasoned homeowners, helping clients understand the steps of the homebuying process is key to building trust—and keeping deals on track. That’s where Navigating The Home Buying Journey from Tri-County Suburban REALTORS® comes in.
This consumer-friendly resource breaks down the buying process into clear, easy-to-follow steps, from financial prep to closing. Even better? Members can request customizable flyers for each step of the home-buying process that brand this helpful content with their own photo, logo, and contact information—making it the perfect tool to use in buyer consultations, follow-up emails, open houses, and more.
These materials were created by REALTORS®, for REALTORS®, so they’re packed with exactly the kind of guidance clients need—and expect—from a knowledgeable professional. They are designed to help your clients answer questions, before they are even asked!
🎥 Click here to access the full video playlist on our YouTube channel, featuring short, interactive videos you can share directly with buyers.
How to Request Your Custom Flyer:
Want a version of the Home Buying Journey branded with your information? We’ve got you covered. Email Lauren Davis, Director of Marketing & Communications with your request, and the details needed for customization.
These materials were created in partnership with the 2024 Diversity, Equity & Inclusion Committee at Tri-County Suburban REALTORS®.
|
|
|
Bright MLS: Explore the Timesaving Features of Your New Listing Solution!
|
|
|
|
It’s official—your region now has access to the faster, smarter Listing Management experience you’ve been hearing about! Sign up for a Bright training session to take advantage of all the available benefits of the new system. These include:
|
-
Seamless mobile responsiveness that lets you work across your favorite mobile devices
- AI-assisted public remarks you can edit for accuracy and customize to suit your style
- Smart photo descriptions that generate as you upload images
- The ability to prefill key fields to cut down on manual data entry
|
|
|
SRA: Chester City Repeals Pre-Sale Inspection Requirement for Residential Properties
|
|
|
|
As of June 26, Chester City Council repealed the city’s requirement for a pre-sale inspection on residential properties. Rental properties are still required to be registered and inspected. The rental registration application can be found here. Commercial properties must also apply for use and occupancy permits.
Source: Chester City; 7/2025
|
|
|
|
| | Office
1 Country View Road
Suite 201
Malvern, PA 19355
|
|
|
Manage your preferences | Opt Out using TrueRemove™
Got this as a forward? Sign up to receive our future emails.
View this email online.
|
1 Country View Road Suite 201 | Malvern, PA 19355 US
|
|
|
This email was sent to .
To continue receiving our emails, add us to your address book.
|
|
|
|
|
