Real estate professionals speak up to clarify commission misconceptions

SAVANNAH, Ga. — Real estate professionals at the national, state and local levels are speaking out to clarify misconceptions in the wake of a high-profile proposed settlement agreement within the National Association of REALTORS® (NAR).   “There’s been a lot of misconceptions circulating in regard to this settlement, with the main one being that NAR sets…

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Service Credit Opportunities for 2024

The purpose of the Distinguished Sales Society is to give recognition to REALTORS® who have participated in a total sales volume of $1,000,000 or more in eight or more closed transactions and have at least two Service Credits during any calendar year. The Savannah Area REALTORS® is a volunteer driven organization and depends on its…

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Affiliate Member Application Fee Waived in March

If you’ve considered joining the Savannah Area REALTORS® as an Affiliate Member, now’s the time! Become an Affiliate Member during the month of March to have your $200 application fee waived. Along with the #1 benefit of networking, there are many more benefits to being an Affiliate Member with the Savannah Area REALTORS® Contact us…

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Savannah’s real estate market sees higher inventory, continued strong demand

The Savannah area residential real estate market saw increases in inventory and new listings in January. While inventory jumped, higher prices and an increase in closed sales indicates continued strong demand.  “It’s no secret that Savannah has been a sellers’ market for the past few years,” said Sonny Wright, Savannah Multi-List Corporation (SMLC) 2024 Board…

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SAR Membership Meeting Luncheon to be held Feb. 15

Join us for the SAR Membership Meeting Luncheon at 11:30 a.m. on Thursday, February 15, at the Marriott Savannah Riverfront located at 100 General Mcintosh Blvd, Savannah, GA 31401. Registration is required, but attendance is FREE for members! If you plan to bring a guest, you must put the guest’s full name on the form…

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New Year, Same Seller’s Market

Savannah real estate market closes out 2023 with strong demand, fewer homes sold The Savannah area real estate market closed out 2023 where it has been all year: in seller’s market territory. December saw higher prices, fewer homes sold, and slight increases in new listings and inventory compared to December 2022. “Real estate activity typically…

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Savannah area real estate market closing out 2023 on a high note

November sees higher prices, more homes sold, more new listings The Savannah area estate market remained in seller’s market territory through November despite a slight increase in inventory. Prices, sales and new listings all increased compared to last November. “While real estate activity typically slows down during the holidays, the consistent demand in our market…

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Savannah area real estate market still in seller’s market territory

October sees higher prices, fewer homes sold, fewer new listings The Savannah area estate market remained in seller’s market territory in October, with higher prices and homes averaging just over a month on the market. “While real estate activity tends to slow down as we move into winter, demand for new homes remains strong in…

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Seller’s market persists in the Savannah area real estate market

Prices rise while inventory remains tight Seller’s market conditions persisted during June in the Savannah area real estate market. Strong demand coupled with lower inventory and fewer new listings pushed prices slightly higher, while the number of homes sold decreased. “Prices are holding steady, and sellers are still receiving nearly all of their asking price,…

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