Consumers: Agents aren't warning us enough about scams | Rookies: Overcome objections that you're 'too young' | Building a powerhouse women-run brokerage
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Building a powerhouse women-run brokerage By making collaboration, transparency and agent retention top priorities, one South Central Texas real estate company changed its market for the better. Full Story: REALTOR® Magazine (10/31)
Integrating hyperlocal influencers into your marketing strategy can boost brand credibility through an authentic endorsement from someone the community trusts. To leverage these influencers successfully, businesses should make sure influencers share their honest opinions to engage the community. Full Story: Forbes (tiered subscription model) (3/5)
How to improve non-verbal communication Since more than half of our communication is non-verbal, improving how you convey information can get your message across more accurately, ace that job interview or enhance your leadership clout. According to a study by Body Talk, you can improve your non-verbal communication by having a solid posture, using gestures that strengthen your point, releasing body tension by utilizing breathwork techniques and remembering your values to increase internal validation. Full Story: Training magazine (3/1)
Real Estate Trends
Virginia mansion built with onsite reclaimed wood Micah Smith of HRL Partners at Washington Fine Properties is the co-listing agent for this five-level mansion in McLean, Va.'s Chesterbrook Woods neighborhood with an asking price of $5.695 million. Constructed in 2023, this home stands out for its use of raw timber milled onsite. Full Story: WTOP-FM (Washington, D.C.) (3/5)
S&P confident that top banks will manage CRE challenges An S&P Global Ratings analysis of nine U.S.-based global systemically important banks found that the institutions are capable of withstanding headwinds from their exposure to office commercial real estate. "Office CRE remains problematic, but is only a small portion of GSIB loans," the analysts wrote, adding that such properties "remain the most vulnerable" and noting that "materially higher rates add headwinds to both CRE prices and refinancing ability, no matter the property type." Full Story: MarketWatch (tiered subscription model) (3/4)
Fair & Equitable Housing
City, financial firm back minority affordable housing firms Goldman Sachs has pledged $50 million to support minority-owned affordable housing developers under a program backed by the New York City Mayor's Office and the Community Preservation Corp. Goldman said the $50 million could release $500 million of private lending to build affordable housing. Full Story: Reuters (3/4)
Legislation & Regulation
Buyers should rate shop before next Fed intervention Before the upcoming Federal Reserve meeting, home buyers are advised to shop around for lenders to secure the best mortgage rates, understand all available options—including mortgage points and adjustable-rate mortgages—and consider locking in a rate now to protect against future market volatility. Full Story: CBS News (3/5)
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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