You know that client credit is critical for mortgage approval, but are you aware of the impact it can have on your real estate business? Your clients’ credit is relevant in many more ways than just getting approved for a mortgage. You may be surprised to know that their scores have implications for your business …
Category: Real Estate Tips
Aug 15
Spread the Word
At thedifference.realtor you’ll find language and assets, like social media graphics and email signature banners, that you can use every day. As president, I’ve had the privilege to meet thousands of you either in person or virtually and to experience the good work you do. I can truly say that REALTORS® bring it home for …
Aug 14
Fundamentals From the Field
This member-driven video series features REALTORS® across the country giving you their best advice on a myriad of aspects of real estate, from client relationships to technology and managing transactions. Make Your Team More Efficient June 7, 2018: So you’ve got a few agents on your team, and you figure you can split up the …
Aug 13
The Importance of Getting Hybrid Appraisals Right
A more streamlined appraisal process won’t materialize until lenders and appraisal management companies understand the critical need for credible, independent data collection. Key takeaways: What in the world is a hybrid appraisal? It’s a newish approach to appraisal in which a third party performs the property inspection and provides the information to the licensed or …
Aug 13
Future-Proof Your Community
More and more, investors will be looking at properties’ resilience as a measure of value—and developers are taking notice. Catastrophic weather events not only make headlines but also raise red flags for potential investors and home buyers. Research suggests that the impacts of intensifying climate events are influencing real estate investment decisions. Residential pricing is …
Aug 12
Riding High
Celebrating and remembering REALTORS® who have dedicated their careers to advancing fair housing and expanding home ownership. As we commemorate Fair Housing Month, we celebrate three REALTORS® who have dedicated their careers to advancing fair housing and expanding homeownership. Abra Barnes, Sofia Crisp and Frank Williams are the National Association of REALTORS®’ 2023 Fair Housing …
Aug 09
Explain How REALTORS®, Local Broker Marketplaces Work
While NAR fights legal challenges to procompetitive, proconsumer local broker marketplaces, you can educate your community. In the litigation landscape that the National Association of REALTORS® is facing today, much of what NAR is fighting is misinformation, mischaracterization and lack of understanding or education. There are class-action attorneys and other challengers who have a blatant …
Aug 09
All Hands on Deck
Your expertise and experience make all the difference. A home sale is rarely as smooth as the open road. More often it’s a rocky, winding journey that requires detours, pit stops, and flexibility. Your expertise and experience make all the difference. Through this year’s Riding with the Brand tour, we’ve met thousands of you, our …
Aug 08
FHA Chief: Why It Should Be Easier to Get a Mortgage
Federal Housing Commissioner Julia Gordon discusses policy changes and initiatives to expand access to financing for underserved home buyers at a time of low affordability. For many first-time and low- and moderate-income home buyers, a loan insured by the Federal Housing Administration is the best product to finance a home purchase. The 3.5% down payment …
Aug 08
MLS Cyberattack: A Wake-Up Call for All Leaders
We cannot not let this crisis go to waste. Brokers and agents around the country felt the effects of an August cyberattack that took down 23 MLSs around the country. Two weeks after the attack, some markets are beginning to come back online, while others continue to experience severe loss of capabilities. Associations are manually …
Aug 07
Owning It
We have a lot of work ahead of us. And we are up for that challenge. Because That’s Who We R. Stepping into my role as president of the National Association of REALTORS® early was unexpected; I’ve done so with the understanding that we have work to do to make NAR a welcoming experience for …
Aug 06
Action Steps to Take Against Appraisal Bias
Work has been underway on multiple fronts to quash bias in the appraisal process. If you see an issue, you can speak up, too. Lee Davenport became a real estate professional in 2008. Since then, she says, not a year has gone by when racial bias in an appraisal wasn’t suspected by one of her …
