Eric Kopf real estate agent at Lighthouse Real Estate Group

Eric Kopf real estate agent at Lighthouse Real Estate Group Licensed since 2004, I provide exemplary service for both buyers & sellers in the ocean state.

Eric Kopf has taken his nine years as a full time real estate professional to Lighthouse Real Estate Group. A new cutting edge realty office focused around a cooperative realty concept with a focus on the surrounding community. Part of what helps Eric stand out from the competition is his ability to communicate
with his clients in a clear and easy to understand manner. He's conscious that the
majority of his clients are not buying or selling homes on a daily basis. Eric takes
the time to answer any questions or concerns about the home buying or selling
process.

09/25/2026

Real estate fact or fiction - Purchaser's paying cash , don’t have to prove their ability to purchase.

MYTH.... Financed buyers give a pre approval from a reputable lender, documenting the mortgage they are getting. As the listing agent, we also confirm the lender has reviewed income, assets and credit.

Similarly CASH buyers, provide proof of funds which can come in multiple forms 1) copy of the updated account they're using to purchase the home - this can come through multiple accounts if necessary. 2)Their financial advisor or banker can simply state that they have adaquate funds to cover the purchase.

Requesting proof of funds for cash buyers is just good business. Trust but always verify.

09/23/2026

We recently closed a listing where we had two offers - 1) a cash "as is" no inspection offer that was below list. That particular buyer already lived in the neighborhood and was purchasing the home to rent it to a family member. The second offer had a marginally higher price but retained all inspections. That bid came from buyers that were looking in several markets and had waffled a few times before writing a bid.

We went with option 1 as my clents were looking for as few strings attached as possible. It's also noteworthy, that in Rhode Island a buyer can terminate a real estate contract for somethng as vague as an "unsatisfactory inspecton". No specific defect has to be given to get out of the agreement and the seller does not have the right to cure. Essentially a get out of jail card for the price of a home inspection.

Morale of the story choose which buyer you go under contract with wisely. The market has flattened and having to recreate the initial interest level for a back on market listing is a major challenge.

09/22/2026

In many places throughout the country, they are calling this real estate market the great stall. For veteran agents, who have been around since the too big to fail days, this is nothing like the sub prime debacle we found ourselves in. However, higher rates, higher real estate values and overall cost of living has created stagnation in many parts of the country. Locally, we are experiencng a more competitive market with statewide housing inventory at a little less than a two month supply (1424 homes active and 1435 homes have sold in the last 60 days).

In south county Hopkinton and Exeter have the lowest supply of homes at just under a two month average. Narragansett, South Kingstown and North Kingstown are holding strong at just over a two month inventory level, while its takng a little longer to sell in Westerly at three months and Charlestown at just over four months.

09/19/2026

For buyers concerned about the fed rate hike, I am a advocate of negotiating closing cost credits over price. This is particuarly a pivot I utilize for buyers who plan on being in their home for more than five years. The credits can be used to buy down the rate and thus lower the loan rate/monthly payment. Happy weekend

09/16/2026

Yesterday John Biafore and myself finally reached the finish line and closed 30 Cumberland street - Cumberland. The home was an as is three-family, estate sale. While it had good bones, there was plenty of deferred maintenance and a non compliant fire system. We were able to generate an accepted offer within the first week of marketing time. The transaction had several ebbs and flows with delays and a buyer threatening to pull out at the last second but we were able to persevere. Huge tip of the cap to Matt Patty, the buyers rep for his professionalism and to help keep the deal on track. Also would like to thank attorney James Callaghan for the referral.

09/11/2026

The highest and most flattering compliment I can derive as a real estate agent is a referral, specifically one to an immediate family member. Earlier this summer great friends and clients referred the sale of their parents home in NK. We negotiated a cash "as is" offer that closed just last week. The home was serviced by cesspool and in RI, all homes on cesspool must upgrade to a septic within 12 months of home transfer. During the negotation, we were able to get the buyers to pick up the expense of a new septic system, an investment of well over $30,000. My sellers were thrilled and were pleased with the ease of the transaction as they downsize

Congratulations to my clients on their lease agreement at 1552 Kingstown Road. Tall Cedars, as my client Joe refers to ...
08/29/2026

Congratulations to my clients on their lease agreement at 1552 Kingstown Road. Tall Cedars, as my client Joe refers to it, was a complete renovation from the ground up with top end materials and precise attention to detail. That hard work netted them a $4000 month lease, the highest annual lease price in South Kingstown this year.

08/28/2026

All potential home sellers - as we transition to a more neutral real estate market it's imperative that you have a detailed, concise and updated market analysis. There are plenty of agents who will up-sell the dream with an unachievable outcome. In the industry, we call this buying a listing. If it's too good to be true, it is.

Personally, I have no interest in operating that way and in the process waste your time and flood the local market.
I provide a detailed report that will project a low, middle and high value of your home. This is achieved by going over comparable sold's within your town and adjusting for the differences between your house and the sold comp's. We will also deduct your selling expenses to give you your net. Lastly, I go over a specific selling plan tailored to your individual home.

Feel free to contact me if I can be of assistance or consider sharing this post for someone who might be in the market. Have a great day

08/27/2026

Excited to announce that my partners and I added a duplex to our real estate portfolio earlier this week. I contnue to hear this is a risky market to invest in and there's some validity to that with higher prices, rates and volitility.

To that I would say, be creative, many times there's more than one way to structure a deal. Have a process/formula that you do not stray from. Gotta do your research, be open to dfferent markets and be okay with hearing a lot of NO's. Not every property or seller's going to be a match for your formula/process and that's fine. It's life. The yes will be more rewarding after a healthy diet of no's.
We followed our script and found a relatively plug and play asset, that brings in just under 2pct of the purchase price in rent each month. An elevated return in ths market.

Always open to network or just chop it up about real estate investing. Make it a great day

11/08/2025

First showings this morning at 23 Pond St. Best current value in the westerly condo market. I will be there from 10 to 11AM

Address

40 Main Street
South Kingstown, RI
02879

Telephone

+14018628337

Website

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