Real Estate Institute Of Rhode Island

Rhode Island 

Warwick, RI- The Rhode Island spring real estate market has sprung.  According to Robert Scaralia school director for the Real Estate Institute, the spring market will be strong for both buyers and sellers for three primary reasons.  First, the overall economy and employment remain strong and with a strong economy follows consumer confidence. Second, interest rates remain at historical lows. Third, the Rhode Island real estate market has a greater balance of supply and demand, this favors both buyers and sellers and creates a healthier, sustainable long term market.

The Real Estate Institute Of Rhode Island is a state accredited real estate licensing school
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-61111
info@InstituteRI.com
www.realestateinstituteofrhodeisland.com

How to sell real estate in Rhode Island and get paid

www.MyAgentLicense.com 

If you want to get paid from selling real estate, Rhode Island law requires you to hold a real estate license.  Now comes the easy part, in order to earn a Rhode Island real estate license you are required to just complete a 45-hour pre-licensing class and a 3-hour lead paint class.  Next, pass the real estate exam and complete the state application for licensing and you are on your way to getting paid for selling real estate in Rhode Island.  

For more information and enrollment contact: 

Real Estate Institute Of Rhode Island

22 Veterans Memorial Drive

Warwick, RI 02886

401-943-8500

info@InstituteRI.com

www.InstituteRI.com

 

Rhode Island Real Estate Classes Just $325.00

Warwick RI- A career in real estate offers an opportunity that is unlike anything a job could offer.  For an investment of just $325.00 for the Rhode Island required real estate pre-licensing classes you have begun a process that has an earning potential limited only by your personal commitment to success. In addition to the great earning potential, you also have control over your time because unlike a job, you are the boss.  Your first step in the exciting world of real estate starts with enrollment in classes.

For more Information contact:
Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401-943-8500
info@InstituteRI.com
www.MyAgentLicense.com                          

Rhode Island real estate inventory gains

Warwick, RI- The Rhode Island real estate market continues to show increases in the median price of homes at $279,450, an increase of 3.5%.

Credit Rhode Island Realtor Association

At the same time, the number of homes coming on the market is increasing which according to Robert Scaralia Director for the Real Estate Institute Of Rhode Island is a positive sign. Over the last number of years, inventory has been at all-time lows which created an unbalanced market between buyers and sellers which caused home values to increase rapidly creating an affordability challenge in the market, Scaralia points out a balanced market creates a healthier more sustainable market for both buyers and sellers. One simple principle of is a property owner can sell their home for top dollar but if they need to buy a new home to replace the old they are now paying top dollar on the back end. Overall it remains a great time to buy and sell a home in Rhode Island when you take into account the added benefit of the current low-interest rates.  For more information contact a local real estate agent.





-The Real Estate Institute Of Rhode Island is a state-approved Real Estate School offering pre-licensing classes and advanced real estate studies for real estate professionals. For more information visit www.InstituteRI.com or contact the Administrative offices at 401-943-8500 or email info@InstituteRI.com.  Classrooms located at 22 Veterans Memorial Drive Warwick, RI 02886

Real Estate Pre Licensing Day Classes Rhode Island

Warwick, RI-  The Real Estate Institute Of Rhode Island is pleased to offer daytime pre-licensing classes starting August 2018.

According to Robert Scaralia Edu Director, the addition of daytime classes was to provide the opportunity for those individuals who could not take advantage of our night or weekend scheduled.  Our day classes will run continuously Monday-Friday 9:00-12:00 and the program will allow enrollment for any start date. For more information visit www.InstituteRI.com or call 401-943-8500.

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
www.MyAgentLicense.com
info@InstituteRI.com

Rhode Island Values Increase -June 2018

Rhode Island Home Values Increase

PROVIDENCE, R.I. — The median price of houses sold in Rhode Island in June hit $290,000, the highest monthly median price since July 2006, the Rhode Island Association of Realtors reported Friday.

A continuing issue with low inventory led to a nearly 4-percent decrease in the number of houses sold in June, compared with June 2017, the association also reported.

June’s $290,000 median price was more than 6 percent higher than it was in June 2017 ($275,000), and it is also “just 2.8 percent less than the highest monthly median price on record.”

“There’s no doubt that our biggest problem right now is that we can’t meet the pent-up demand for housing,” association president Joe Luca said. “People aren’t selling. They’re staying in their homes longer for a number of reasons — fewer people are being forced to sell due to distressed sales, some people refinanced to extremely low rates that they don’t want to give up, [and] others don’t want to sell because they’re scared they won’t be able to find a home to move to in this market.”

“On top of all that,” Luca added, “Rhode Island remains last in the country in construction starts, and the few new builds that we do have aren’t at a price point that first-time homeowners or most of the middle class can afford.”

Rhode Island communities with the lowest inventory in June included parts of Providence, Pawtucket, Woonsocket, Central Falls, Cranston, and Warwick, and the neighborhoods of Manville in Lincoln, Rumford in East Providence, and several rural villages in the southern part of the state: Ashaway (Hopkinton), Wood River Junction (Richmond) and Bradford (Hopkinton and Westerly). All these locations had less than two months’ worth of housing supply, and five to six months of inventory is considered balanced — neither a buyers’ nor sellers’ market.

Rhode Island’s small condominium market also experienced a price increase in June, with the median condo price rising 8 percent to $230,000, though sales fell by 7 percent, to 227 condos sold.

June real estate in RI in 2017 and 2018

Median house price $290,000 (’18), $275,000 (’17)

Houses sold 1,191(’18), 1,236 (’17)

Days on market 45(’18), 52 (’17)

Pending sales 1,042(’18), 1,433 (’17)

Listings 3,818(’18), 3,888 (’17)

SOURCE: RHODE ISLAND ASSOCIATION OF REALTORS

The association added that “with the cost of rents skyrocketing, multifamily properties have become an attractive investment and sales have seen a meteoric rise in prices as a result.”

There were 205 multifamily properties sold in Rhode Island in June, with a median sales price of $250,000, up 19 percent from June 2017.

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Article Credit:  Chrisitne Dunn Providence Journal

Real Estate Institute Of Rhode Island

22 Veterans Memorial Drive

Warwick, RI 02886

401.943.8500 Info@InstituteRI.com www.MyAgentLicense.com

Real Estate Pre Licensing Summer Classes Forming Now

Earn your Rhode Island real estate license summer 2018. Classes are forming now for both night and weekend schedules. Full and part-time real estate agent positions available throughout Rhode Island. For more information including enrollment visit www.MyAgentLicense.com or call us at our  Administrative offices 401-943-8500.
 

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

Earn your Rhode Island real estate license this summer

Rhode Island Real Estate Classes

Warwick, RI- The summer months is a great time to learn something new and at the same time create an opportunity that can offer freedom and financial opportunity.  Robert Scaralia, Education Director for the Real Estate Institute of Rhode Island said the Institute is offering ongoing summer 2019 real estate pre-licensing classes, students can select a start dates that works best for them.  Choose from day, night or weekend class schedules.  Make Summer 2019 fun and productive, enroll today!

  To learn more and online enrollment visit www.MyAgentLicense.com or call our administrative offices at 401-943-8500 M-F 9:00-4:00pm.

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

Administrative Offices
980 Reservoir Ave Cranston, RI 02910

Real Estate Business class- You,Inc.

Warwick, Rhode Island-  The Real Estate Institue Of Rhode Island now offers a state credited real estate business class for licensed Rhode Island real estate agents. This course titled You, Inc goes beyond traditional real estate education according to Robert Scaralia Education Director for the Institute. Typical real estate training teaches licensees the technical aspects of the real estate business such as how to price a property, financing options, industry paperwork and forms, transactional processes and among other things lead generation and personal promotion.  While these typical training and educational disciplines are critical to the success of real estate agent it falls short of the knowledge needed to develop and grow a sustainable and profitable real estate business Scaralia said. Think of it this way, a baker learns best baking methods and practices but knowing how to bake a cake and knowing how to run a business that bakes cakes are two totally different things.  This course is designed to help the real estate agents understand how to run a business that happens to be real estate. Sign up today and go from a salesperson selling real estate to a business owner that sells real estate.

You, Inc
3 Credit approved real estate class.

Real Estate Institute Of Rhode Island
22 Veterans Memorial Drive
Warwick, RI 02886
401.943.8500
info@instituteRI.com
www.InstituteRI.com

Real estate pre license classes summer 2018 Rhode Island

Rhode Island - Real estate pre-license classes are forming for the 2018 spring & summer months. The Real Estate Institute Of Rhode Island is now accepting enrollment for candidates looking to earn their real estate license. Scaralia adds that students interested in either full or part-time positions will find many real estate brokerages throughout Rhode Island actively seeking newly licensed agents to join their firms.

Real Estate pre-licensing classes Rhode Island

 According to Robert Scaralia education director for the Institute, the spring and summer months is a great time to earn their Rhode Island real estate license.

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.MyAgentLicesne.com
Rhode Island state approved school Lic#REE0001050