NAR has released a new report about what is happening with marijuana sales and leases. Here is a link to the full report if you’re curious:
- Currently, only one to two percent of residential respondents where marijuana is legal for medical or for medical and recreational use were aware of their MLS containing a specific marijuana field.
- One percent of members were marijuana specialists in residential real estate.
- About one-third of members had seen addendums added to leases which restrict growing or smoking on properties.
- More than three-quarters of members have not seen a change in residential property values near dispensaries.