Vol.46, No.50
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W E E K O F M O N D A Y, D E C E M B E R 9 , 2 0 2 4
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
P O L I C Y B AT T L E
Meredith 64 WAGON WHEEL TRL. . . . . . . . . . . . . . . . . . . . . . . . $6,100,000 B: Robert A Mionis & Caroline Mionis S: John H Ohlson Jr & Elizabeth B Ohlson
New Castle
As NAR Punts on Pocket Listings Rule, NH Agents Split on ‘Clear Cooperation’
10 ABIGALE LN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,700,000 B: Terri A Bashaw, Tr for Stead II RET S: Richard E Landry Jr & Elizabeth B Landry
‘Fairness’ and Fair Housing Pitted Against Seller Preferences
Tuftonboro
BY JAY FITZGERALD
Concord 277 SHEEP DAVIS RD. . . . . . . . . . . . . . . . . . . . . . . . . $2,500,000 B: Onyx Td Concord LLC S: Silver Hld LLC Mtg: Bank of New Hampshire $1,000,000 Use: Condo
Moultonboro 103 COTTAGE RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,240,000 B: Karen Oshea & William Bartley S: Timothy R Cote
Center Harbor 53 BAY DR. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000 B: Mtd Investments LLC S: Jacob R Leaman 3rd
Newington 6 SHIPWRIGHT WAY. . . . . . . . . . . . . . . . . . . . . . . . . . $2,050,000 B: Darin Roark & Natasha Roark S: Nimble Hill Dev LLC
Portsmouth 194 WIBIRD ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,010,000 B: Kathleen M Shannon, Tr for Shannon Family RET S: Brian M Claypool & Allison M Claypool
Rochester 95 S MAIN ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,951,000 B: Cardinal Maine 7 LLC & Kimber Properties LLC S: Fmh Health Services LLC
Hanover 33 RAYTON RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,690,000 B: James E Larrick & Laura E Larrick S: John Colligan, Tr for Marcia W Colligan RET Mtg: Mascoma Bank $1,350,000 Use: 5 Bdrm Colonial, Lot: 43124sf
Rindge
SPECIAL TO THE REGISTRY REVIEW
T
he last thing the National Association of Realtors needs is another controversy consuming the time and energy of its members. But less than a year after the NAR’s historic settlement of lawsuits tied to agent commissions, yet another controversy is roiling the real estate industry, this time over the NAR’s four-year-old Clear Cooperation Policy (CCP), otherwise known as the anti-“pocket listings” rule. The CCP, which attempts to tamp down on private home sales not listed on local MLSs, was the center of controversy at the NAR’s recent annual conference, NXT, where critics once again called for abolishment of the rule and where the NAR’s governing board once again refused to take further action on the issue. One thing was made clear by the recent intra-industry scuffle: Controversy over the NAR rule, now the target of a lawsuit filed by the upstart Top Agent Network (TAN), isn’t going away any time soon. New Hampshire hasn’t escaped the debate over pocket listings – with both supporters and critics claiming the issue is about fairness. To supporters of CCP, it’s about buyers and buyer agents getting a fair chance to review and bid on homes for sale. Ultimately, CCP promotes transparency and competition that ben-
INDEX PG
COUNTY
high net-worth clients or work at large brokerage firms. “I can see both sides,” said Stephan Morrissey of Allison James Estates & Homes in Nashua. “It’s not a clear-cut situation. There are gray areas.”
Both
$800 800
Refinance Purchase
$500 500
Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec. Jan Feb
TRANSACTIONS THRU
3 Belknap �������������������������� 11/18/24 3 Carroll ���������������������������� 11/18/24 4 Cheshire ������������������������ 11/18/24 4 Coos �������������������������������� 11/18/24 4 Grafton ���������������������������� 11/18/24 5 Hillsborough ������������������ 11/18/24 7 Merrimack ���������������������� 11/18/24 7 Rockingham ������������������ 11/18/24 9 Strafford ������������������������ 11/18/24 9 Sullivan �������������������������� 11/18/24 10 Bankruptcies 10 Lien & Attachments 10 Foreclosure, Mortgagee & Other Lien Auctions 10 Requests for Bids & Proposals
Continued on Page 12
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$600 600
200
REAL ESTATE RECORDS 0
$900 900 $700 700
400
efits everyone, including sellers, supporters say. But to critics of Clear Cooperation, it’s about some sellers’ right to keep transactions private, for whatever reasons, if they so wish. Ultimately, sellers shouldn’t be forced, via seller agreements, to list their home sales on MLSs, say critics, many of whom work with
Volume of Mortgages for Single-Family Homes
Laconia 600
The National Association of Realtors’ Clear Cooperation policy was intended to curb “pocket listings,” which agents only share privately. But New Hampshire agents sit on both sides of the issue.
New Hampshire Market Statistics
66 PARADISE ISLAND RD. . . . . . . . . . . . . . . . . . . . . . $1,657,533 B: Lawrence W Vernaglia, Tr for Sanibel North T S: Scott G Hanley, Tr for Hanley Family RET
197 SOLEIL MTN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,610,000 B: Jonathan G Beakley, Tr for Jonathan G Beakley T S: Kevin B Reid Sr & Christine A Reid800
iStock illustration
318 GOVERNOR WENTWORTH HWY. . . . . . . . . . . . . . $2,775,000 B: Pamela M Nation, Tr for Pamela M Nation RET S: Randall L Parker
$400 400 $300 300 $200 200 $100 100 $0 0
Oct. Nov. Nov. Dec. Dec. Jan. Jan. Feb. Feb. March Mar. April Apr. May May June June July July Aug Aug. Sept. Sept. Oct. Oct. Oct. ’23
1800 $1,800
’24
10000
1500 $1,500
8000
1200 $1,200
4000
900 $900
0
Both Refinance Purchase
6000
2000
Sept. 17
Sept. 18
Sept. 19
Sept. 20
Sept. 21
600 $600 300 $300
$00 Jan. 20 Oct. ’20
Jan. Oct.21
Jan. 22 Oct.
Jan. 23 Oct.
Jan. 24 Oct.
’21
’22
’23
’24
Month
Purchase
Refinance
Both
Both
Oct. 2020
$471
$1,196
$1,667
Oct. 2021 Purchase
$421
$855
$1,276
Oct. 2022
$384
$209
$593
Oct. 2023
$287
$196
$483
Oct. 2024
$370
$336
$706
Refinance
❑ Dollar amounts in millions ❑ Source: The Warren Group ❑ Statistics based on single-family home sales
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