5 financial metrics all real estate pros should track | REALTORS® have a tool to clean their clients' financial house | Survey: Majority of Americans aren't worried about TikTok
Created for newsletter@newslettercollector.com |  Web Version
October 3, 2024
LinkedInFacebookXInstagramYoutube
Navigate with NAR
Powered by REALTOR® MagazineSIGN UP ⋅   SHARE
Top News
Lead generation might be the lifeblood of your business, but money is the oxygen. Without a keen understanding of how your money works, your business can't breathe. When managed properly, your cash flow makes vacations a reality, gives you the flexibility to choose when and how to work and so much more.
Full Story: REALTOR® Magazine/The Lounge (10/2) 
LinkedIn X Facebook Email
Listing Presentation Templates & Scripts
When it comes to listing presentations, there is one cardinal rule: don't wing it. An intentional and structured listing presentation is paramount to your success, ensuring that every conversation with a potential seller convinces them that you are the perfect agent to sell their home. Check out this guide that walks you through the only Listing Presentation you need, in any market.
ADVERTISEMENT:
Best Practices in Sales & Marketing
New member benefit SoFI offers exclusive rates on loan products for financial milestones, such as home buying and student loans, which you can extend to your clients.
Full Story: REALTOR® Magazine (8/30) 
LinkedIn X Facebook Email
Apparently, only about a third of Americans care that TikTok is China-controlled and would have to turn over Americans' information to Beijing if asked, according to a Pew Research Center survey. Meanwhile, TikTok must again face a lawsuit in Indiana over gathering information and failing to protect children online, while the clock ticks on a deadline to ban the platform from the U.S. unless it's sold.
Full Story: TheWrap (10/1),  The Associated Press (10/1) 
LinkedIn X Facebook Email
Croissant simplifies multi-platform posting
(Pixabay)
Croissant has launched an iOS app that allows social media users to streamline cross-posting to Mastodon, Bluesky and Threads with tools like threaded posts and image attachments. Developers hope to expand the platform to iPad and Mac, as well as to introduce additional features such as scheduled posts and username auto-completion.
Full Story: TechCrunch (tiered subscription model) (10/1) 
LinkedIn X Facebook Email
'Flip Stories' offer special reveal to TikTok viewers
(TikTok)
Creators on TikTok can engage viewers with "Flip Stories," a new tool that intrigues, offers sneak peeks of upcoming products or events and exclusive offers. Creators can make Flip Stories by either tapping the + button to access the create page or on their profile photo, and see which viewers clicked for the flip side of their stories.
Full Story: Small Business Trends (9/30) 
LinkedIn X Facebook Email
Real Estate Trends
NAR is mobilizing to make home affordability, a top concern for voters, a central theme in the general election.
Full Story: REALTOR® Magazine/Culture Scan (9/3) 
LinkedIn X Facebook Email
The Commerce Department reported that construction spending decreased by 0.1% in August, contrary to the expectations of economists surveyed by Reuters, who had forecast a slight increase. The decline was due in part to a 1.5% decrease in single-family projects. Despite the monthly decrease, construction spending was up 4.1% compared with the same period last year.
Full Story: Reuters (10/1) 
LinkedIn X Facebook Email
Buyers in Manhattan's home market are increasingly relying on mortgages, with Jonathan Miller of Miller Samuel noting that "cash buyers aren't as dominant as they were." Closings for condos and co-ops rose 6.7% in the third quarter compared with the prior three months, according to Miller Samuel and Douglas Elliman Real Estate.
Full Story: Bloomberg (10/1) 
LinkedIn X Facebook Email
News from NAR
LinkedIn X Facebook Email
Fair & Equitable Housing
The Department of Housing and Urban Development has allocated over $22 million in grants to combat housing discrimination, aiming to address racial inequities in the housing system. The funds will support fair housing organizations in their efforts to educate the public about their rights under the Fair Housing Act and improve enforcement.
Full Story: Black Enterprise (10/2) 
LinkedIn X Facebook Email
Legislation & Regulation
Employers added 143,000 jobs to private payrolls in September, up from August's revised tally of 103,000, according to payroll service provider ADP. The numbers are ahead of economists' expectations of 120,000 new jobs. While businesses continued hiring, wage growth slowed, with annual raises for existing employees dipping to 4.7% and those who changed jobs seeing a significant drop to 6.6%.
Full Story: CNBC (10/2),  Reuters (10/2) 
LinkedIn X Facebook Email
Federal Reserve Bank of Richmond President Thomas Barkin has expressed cautious optimism about the economy but has stressed that the effort to control inflation is far from over. "There is still work to do on inflation," Barkin says. "While down from its high, inflation remains above our 2% target. I don't expect 12-month core inflation to drop much further until 2025, as we are still lapping low inflation numbers from late last year."
Full Story: Reuters (10/2),  Barron's (10/2) 
LinkedIn X Facebook Email
Sharing Navigate With NAR Powered by REALTOR® Magazine with your network keeps the quality of content high and these newsletters free.
Help Spread the Word
SHARE
Or copy and share your personalized link:
smartbrief.com/nar/?referrerId=niiEhFArgr
LEARN MORE:
nar.realtor  |    magazine.realtor  |    Contact NAR  |    Advertise With NAR
About The National Association of REALTORS®
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
DISCLAIMER
Advertisements placed in Navigate With NAR do not reflect endorsements from NAR. NAR does not evaluate the advertised services or products, or any claims made in the advertisement. NAR is not responsible for any inaccurate or false statements or claims made in the advertisement or in any materials. NAR does not endorse, sponsor or recommend the Advertiser or Advertiser’s products or services. NAR makes no guarantees, warranties or representations about the Advertiser and Advertiser’s products or services.
SmartBrief Publishes More Than 200 Free Industry Newsletters - Browse Our Portfolio
Sign Up Through SmartBrief  |    Update SmartBrief Profile  |   
Unsubscribe  |    Privacy Policy
CONTACT US: FEEDBACK  |    ADVERTISE
SmartBrief Future
Copyright © 2024 SmartBrief. All Rights Reserved.
A division of Future US LLC
Full 7th Floor, 130 West 42nd Street, New York, NY, 10036.