Associations bringing cyber insurance and enhanced stats to members

by Atlanta Agent


Georgia Realtors launches housing stats platform

Members of the Georgia Association of Realtors can now do a deep dive on the housing market in their area with the association’s release of its enhanced FastStats platform, according to a GAR press release.

The platform allows members to view county-level statistics including new listings, pending sales, closed sales, days on market until sale, median sales price, average sales price, percent of list price received, inventory of homes for sale and months’ supply of inventory.

The FastStats platform – powered by ShowingTime, Inc. – also will publish a monthly Housing Supply Overview report that will cover the entire state, which provides a breakdown of statewide indicators by price range, bedroom count and property type.

GAR will continue to offer its statewide monthly housing indicators report, which it has provided to members since 2012. GAR bases the reports on data from 14 MLS systems across the state, representing more than 90% of Georgia’s housing market.


NAR offers insurance for internet fraud

The National Association of Realtors has partnered with San Francisco-based CyberPolicy to offer Realtors liability insurance to combat cyber fraud.

“Cyber security threats are fast-growing in the U.S.,” NAR CEO Bob Goldberg said in a press release. “And while some progress has been made to increase awareness and prevention efforts, it’s clear that there is more our members must understand to avoid these situations and to be prepared if an attack occurs. CyberPolicy will provide access to a key piece of that puzzle through a specialized program created specifically for our members.”

CyberPolicy CEO Keith Moore said that through the NAR partnership, CyberPolicy will offer a “tailor-made solution” for Realtors.

Customized plan options will help agents quickly restore operations after a cyberattack and insurers will work to recoup losses and legal costs and recover data.

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