Stories by OBAR

Try these five awesomely easy landscaping projects

No need for fancy DIY skills, a lot of money, or a ton of time to pull off these yard upgrades. It’s your yard — yours to do with as you wish. And while that’s great, that doesn’t mean you have to be one of those people who spends every spare moment in their yard, sprucing it up.

May 17

Craigslist real estate scams on the rise again in the OBX

Last year, the Outer Banks Association of REALTORS® (OBAR) began warning residents of the OBX to be on the look out for scams involving long and short-term rentals on Craigslist. Scammers have begun posting ads on Craigslist looking for potential renters and offer extremely low prices. Some of these ads list legitimate rental companies in the Outer Banks.

May 15

Save the date: 30th Annual OBAR Charity Golf Tournament

Save the date for the Outer Banks Association of REALTORS® 30th Annual Charity Golf Tournament benefiting the Association’s Scholarship & Disaster Relief Funds.

May 13

Porter Graham hired as government affairs director

The Outer Banks Association of REALTORS® (OBAR) and the Outer Banks Home Builders Association (OBHBA), after conducting extensive interviews, are excited to announce that a new shared Government Affairs Director (GAD) has been hired.

May 9

Two local REALTORS® Honored with Good Neighbor Awards

Two Outer Banks Association (OBAR) REALTOR® members were recognized at a recent General Membership Meeting for their dedication and volunteerism throughout the Outer Banks. Brook Sparks of Beach Realty & Construction-KH South and Kristine Kiousis of Beach Realty, NC were given OBAR’s prestigious Good Neighbor Award

May 7

Eight design trends home buyers will crave in 2019

With a mind to resale value, here are eight interior design trends that experts anticipate becoming more dominant in the new year, and advice on how you can apply these predictions to your real estate business.

Apr 25

Bowling Tourney brings in over 1,200 meals for food pantries

The event raised over $4,300 in raffle money that is being distributed to the food pantries. On the night of the tourney, Beach Food Pantry reported collecting an astounding 291 pounds of food.

Apr 1

Be clear on the perils of co-signing for a mortgage

Younger customers frequently look to parents or grandparents to help them get into a first home. As rising home prices and interest rates present even greater challenges for first-time buyers these days, you may encounter more situations involving co-signed mortgage loans. While it’s not your role as a REALTOR® to provide financial advice to your customers or their relatives, it’s wise to be prepared with information if you are asked.

Mar 7

In Closing

The closing process technically begins when you have signed a purchase and sale agreement. That agreement should specify a closing date. Typically — from the signing date to the closing date — closing takes four to six weeks. During this time, purchasing funds are held in escrow, where your money is safe until the deal is officially done.

Feb 28

Some things to know about an appraisal when buying a home

After you sign a home purchase agreement and before your lender approves your loan, the home you’re buying must pass an appraisal — an assessment of the property’s value by an unbiased third party: the appraiser.

Feb 26

How a new income tax deduction affects realty professionals

The National Association of REALTORS® (NAR) has developed specific examples of how real estate professionals will be affected by the new 20% Qualified Business Income Deduction of Section 199A of the Internal Revenue Code. Section 199A of the Code provides many taxpayers a deduction for qualified business income from a qualified trade or business operated directly or through a pass-through entity.

Feb 11

Seven reasons to work with a REALTOR® rather than a real estate agent

Did you know that there is a difference between a REALTOR® and a Real Estate Agent? REALTORS® aren’t just agents. They are professional members of the National Association of REALTORS® (NAR), as well as State (the North Carolina Association of REALTORS®), and local (the Outer Banks Association of REALTORS®) associations. More importantly, they subscribe to NAR's strict code of ethics.

Feb 7