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June 26, 2023
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It doesn't matter whether the training content you provide is a business game-changer if you can't get agents to attend. Follow this step-by-step process for enticing and motivating your team to invest in their own professional development.
Full Story: REALTOR® Magazine (6/22) 
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Best pricing of the season is here with Black Friday in July Event! Now through July 16th NAR members shop great tech gifts and accessories for up to 72% off! MyLenovo Rewards members get free expedited shipping. Sign up, it's free!
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Best Practices in Sales & Marketing
Industry veterans benefit from putting themselves out there.
Full Story: REALTOR® Magazine (6/22) 
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This infographic from Giraffe Social Media sets out five ways business-to-business marketers can boost lead generation. Tips cover creating effective blog content, offering free, downloadable guides in email marketing and appearing on relevant podcasts.
Full Story: Social Media Today (6/25) 
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Real Estate Trends
Often referred to as the jewelry of home design, see how these light fixtures can bring a property to life.
Full Story: REALTOR® Magazine/Styled, Staged & Sold (6/19) 
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Alex Buljan of Compass is the listing agent for a replica of the White House, located in Hillsborough, Calif. The 11-bedroom house, which includes an Oval Office and East Room, is listed for $38.9 million. The property was commissioned by newspaper heir George Hearst around 1930.
Full Story: The Wall Street Journal (6/21) 
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Redfin chief economist Daryl Fairweather observes that the increase in interest rates has affected supply and demand in the housing market almost equally. The demand pullback was probably more intense, but the severe lack of supply is benefiting builders.
Full Story: The New York Times (6/26) 
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Markets across the globe are grappling with how changes in the way that people work, live and shop are affecting offices and certain other property types. Meanwhile, higher interest rates have made refinancing properties more challenging, and some $1.4 trillion of commercial real estate loans are coming due in 2023 and 2024, according to the Mortgage Bankers Association.
Full Story: Bloomberg (6/22) 
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Fair & Equitable Housing
Many members of the LGBTQ+ community lack the support of family as they age, which can lead to difficulty finding affordable housing. Portland, Maine, seeks to address this issue with a project that could become the first affordable housing complex for those individuals.
Full Story: Portland Press Herald (Maine) (tiered subscription model) (6/26) 
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Legislation & Regulation
Regulators' push for higher capital standards for large U.S. banks is poised to harm the American economy rather than bolster it, as it comes at a time when the nation is already grappling with strained economic conditions, write Jeb Hensarling and Michael Solon. The proposed credit-tightening measures risk jeopardizing financial stability and impeding bank lending, hindering the country's path to recovery, they say.
Full Story: The Wall Street Journal (6/22) 
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The Federal Reserve is scheduled on Wednesday to issue the results of its latest stress tests evaluating how the country's biggest banks would cope with a sharp downturn in the economy. Bank executives and analysts are expressing optimism that the Fed will conclude the 23 banks being assessed have sufficient capital to withstand a downturn.
Full Story: Reuters (6/26) 
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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.
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