With major leadership changes, NAR is poised for progress. Unprecedented market conditions. Ongoing litigation. Demands for culture reform. The need for strong leadership at the National Association of REALTORS® remains manifest, and NAR is meeting the moment with a steadfast commitment to strengthen the association, defend REALTORS® and their immense value, and look to the …
Category: Real Estate Tips
Aug 02
Women Can Help Each Other Get Ahead in Real Estate
Female brokers talk about the path to leadership and fostering a community of support for women who want to rise in the ranks. Women in real estate should mentor and support other women, building up each other’s confidence to achieve higher echelons in the industry, many female brokers say. It’s an important time to empower …
Aug 01
Defining and Communicating the Value of the Multiple Listing Service
Every professional involved in the real estate industry should understand and be able to talk fluently about the MLS’s true purpose and value. What is an MLS? On the surface, the answer seems simple. A multiple listing service is a marketplace where brokers and agents help consumers buy, sell and rent homes. But the real …
Jul 31
Growing Stronger Together
As an association, we will help you adapt to coming practice changes. As a skilled professional, you’ll play a vital role in communicating the truth about these changes to consumers. By now, you’ve likely heard and read many stories about the National Association of REALTORS® proposed settlement to resolve nationwide claims brought by home sellers …
Jul 30
Dispelling 7 Myths About NAR’s Proposed Settlement
You can help correct the record about the association’s proposed settlement to resolve nationwide claims brought by home sellers. National Association of REALTORS® leaders have been talking to reporters and members full-time over the past month to correct the record about the association’s decision to resolve nationwide claims brought by home sellers. You can help …
Jul 19
Zero Tolerance for Hate
After his yard sign was defaced, a Georgia agent stayed positive and focused on turning the incident into a teachable moment for the industry. It was early September 2019 and I was in the midst of a normal, busy day in the office, surrounded by paperwork. I’m the only millennial that I know of to …
Jul 19
In Defense of Consumer Choice in the Settlement
NAR members and REALTOR® associations must implement the practice changes stemming from NAR’s proposed settlement agreement fully and in good faith. Consumer choice is paramount, particularly when it comes to determining the nature and cost of professional representation in a real estate transaction. As such, it is deeply concerning to see others take positions on …
Jul 18
We’ve Got This
Despite big changes ahead, NAR’s president Kevin Sears is confident that members will adapt. A new day is approaching: Changes are coming to the way many of us do business. As of Aug. 17, we will be required to have written agreements with buyers before we tour a property with them, and offers of cooperative …
Jul 18
Dispelling 7 Myths About NAR’s Proposed Settlement
You can help correct the record about the association’s proposed settlement to resolve nationwide claims brought by home sellers. National Association of REALTORS® leaders have been talking to reporters and members full-time over the past month to correct the record about the association’s decision to resolve nationwide claims brought by home sellers. You can help …
Jul 17
Fed Hints Mortgage Rates May Soon Rise
Interest rates are expected to soon rise, even as the Federal Reserve announced on Wednesday that it would keep its benchmark rate near zero. The Fed, however, warned that it was preparing to taper its emergency stimulus efforts from the pandemic, including winding down its bond purchases. That is expected to make mortgage rates rise, …
Jul 17
Mortgage Rates Average the good old days 2021
Mortgage rates barely budged this week, but that likely soon will change after the Federal Reserve’s bond tapering announcement this week. The 30-year fixed-rate mortgage averaged 2.88% for the week ending Sept. 23, Freddie Mac reports. Rates are largely predicted to rise on the heels of the Fed’s decision to reduce its bond purchases before …
Jul 16
COVID-19 Forbearance for Multifamily a look back in time …
The Federal Housing Finance Agency announced that mortgage financing giants Fannie Mae and Freddie Mac will continue to offer forbearance indefinitely to qualifying multifamily property owners as part of their ongoing COVID-19 protection. This marks the fourth extension the FHFA has made to the programs. The latest were set to expire Sept. 30. “Given the …