Real estate values rise in Rhode Island

Rhode Island- According to recent statistics released by Rhode Island Realtors median home prices rose 9% in January 2018. Median single-family sales prices were $244,900, 9% above what it was at the same time period in 2017.

Rhode Island home values increase in 2018

The increase in values was in direct relation to the low inventory in many communities throughout Rhode Island.  Given the current forces of supply and demand home prices are expected to increase well into 2018 according to Robert Scaralia Education Director for the Real Estate Institute Of Rhode Island. 

With the improved overall real estate market and the economy as a whole, many individuals are considering a career in real estate to help meet the increased consumer demand. According to Candace Mandell, student services director for the Real Estate Institute Of Rhode Island "our pre-licensing classes are in strong demand" many new agents are finding the current market conditions a perfect time to earn their Rhode Island real estate license. She adds many real estate companies throughout the state are actively hiring full and part-time new agents to support the growth.

For more information:

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
O. 401-943-8500
F.  401-943-6191
Info@InstituteRI.com
www.InstituteRI.com

Rhode Island real estate agents licensing.

Verify a Rhode Island real estate agent is licensed before you hire!
When listing, selling or renting in Rhode Island it's important to verify the agent is duly licensed, start by checking their credentials with the state licensing authority.

Hiring A Rhode Island Real Estate Professional

The Rhode Island Department of business regulations real estate division approves and authorizes real estate licensing in Rhode Island. Before you hire a real estate agent to represent you first verify they hold a valid real estate license. You can check to see if they hold a valid Rhode Island real estate license by checking the Rhode Island Department of Business Regulations list of authorized licensees.  All real estate agents in Rhode Island must complete a state-approved real estate pre-licensing course and pass a state exam which proves their knowledge of modern real estate principles and practices and understanding of Rhode Island real estate law.  All Licensees are required to complete a comprehensive state-approved pre-licensing course as administered by the Real Estate Insitute Of Rhode Island before providing real estate advocacy, counsel or advice in the buying, selling or renting of real property in Rhode Island.  

For more information about real estate service in Rhode Island

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-8500
Info@InsituteRI.com
www.InsituteRI.com

Frequently asked questions about becoming a Rhode Island real estate agent

Becoming a Rhode Island real estate agent is a relatively easy process. To help you understand it better we have answered a number of the most frequently asked questions.  The most frequently asked questions about becoming a Rhode Island real estate agent. 

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-8500
Info@InstituteRI.com
www.InstituteRI.com