Real Estate
01/1/25 | Liz and Ellie Local
2025 seems like a made-up, futuristic year, and yet here we are! Like many of you, we take stock at the end of the year, looking back on our successes, challenges, and everything in between. This year tested our resilience and creativity. There were big changes in the real estate world and for our team. Following are some of our highlights from 2024. We'd love to hear about yours, too!
This year we helped almost 30 individuals, couples, and families buy, sell, and rent homes, but three transactions stood out because we needed to think outside the box to get our clients what they wanted.
We saw big changes in our profession as a result of a class-action lawsuit. In August, new regulations went into effect governing how real estate commissions are handled. Adjustments to the way we do business are nothing new; we've been doing this a long time and we've seen a lot of changes. And as we've done with changes in the past (the advent of buyer agency, the mortgage crisis and resulting regulations, etc) we make it a priority to stay informed and provide clear guidance. We love a challenge!
Ellie and Stephanie volunteered their time to pull off a successful Somerville Dog Festival, bringing in over 30 vendors selling merchandise and crafts, almost a dozen food trucks, and organizing various agility activities for the canine participants. Approximately 3,000 people attended, most accompanied by their dogs, and there were even some puppies for adoption! This annual event supports the Somerville Foundation for Animals.
Liz continued volunteering with Food for Free’s Healthy Eats, a program designed to bring fresh fruits, vegetables, pantry items, meat, and fish directly to qualifying households unable to access traditional food pantries due to illness or disability. Sadly, this program is going to be discontinued. Please reach out if you have a favorite local volunteer opportunity that might fill her soul the way Healthy Eats did.
Ellie and Liz are very sad to have to say good-bye to our beloved team member Rebecca, and Stephanie's role is shifting.
Rebecca became a partner at Pathways to Restorative Communities, where she educates teachers, staff, parents, and kids in Restorative Practices. Humans naturally want to be connected to other humans, and conflict and harm present opportunities to learn skills and repair relationships rather than to punish and exert power. Rebecca suggests saying, “What happened?” rather than “Why did you do that?” when noticing conflict or misbehavior. It’s a pretty cool approach! We are so happy and proud of her for pursuing such a meaningful endeavor.
Stephanie will continue to work with us while also taking on the role of Assistant Director of the Finca Vigía Foundation, a non-profit organization working to restore and preserve Ernest Hemingway’s historic home in Cuba. Finca Vigía (or Lookout Farm), located 12 miles from central Havana, is an extraordinary time capsule. The home is filled with books, fine art, typewriters, clothing, furniture, record albums, safari trophies, fishing rods, and more. Sadly, time, humidity, and sunlight have had damaging effects. Reach out to Stephanie if you want to learn more about this project.
Though change is inevitable, as we look toward 2025, Liz & Ellie Local will continue to do what we’ve always done: listen to, educate, and guide our clients with authentic, honest, and dependable professionalism. We hope you will also be doing what you love most!
Happy Holidays!
Liz, Ellie, Rebecca, and Stephanie
2025 seems like a made-up, futuristic year, and yet here we are! Like many of you, we take stock at the end of the year, looking back on our successes, challenges, and everything in between. This year tested our resilience and creativity. There were big changes in the real estate world and for our team. Following are some of our highlights from 2024. We'd love to hear about yours, too!
Fall has arrived, and with it is the idea of “Harvest Season,” bringing to mind images of abundant produce at farm stands and overflowing grocery store aisles (not to mention the ubiquitous Pumpkin Spice in everything from donuts to sausages). Yet, this time of supposed plenty contrasts sharply with the reality that nearly two million people in Massachusetts—about 18% of the population—experience food insecurity. We at Liz & Ellie Local don’t just help people buy and sell houses; we aim to educate people on the issues that affect where we live, too. In a state with so many resources, we feel moved to help our neighbors gain access to healthy and delicious food.
You may have heard or read about a recent settlement between the National Association of Realtors (NAR) and the Department of Justice that resulted in several significant changes to how real estate commissions are handled. We’d like to address how we are responding to the settlement, and how changes may affect you.
With their complementary communication styles, responsiveness, competence, and ability to truly listen, Ellie and Liz enable their clients to feel at ease throughout any real estate transaction. They would welcome the opportunity to be your next real estate advisors.
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