Mortgage rates are inching closer to 8% | How to emphasize your professional reputation | That moment you, your clients still laugh about
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October 20, 2023
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Home buyers don't appear to be catching a break with borrowing costs this fall. Rates are nearing a historical average high that hasn't been reached in more than 52 years.
Full Story: REALTOR® Magazine (10/19) 
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Generate Leads with Curated Pre-Foreclosure Lists
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable. Want to learn more? Download Now »
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Best Practices in Sales & Marketing
Competition in the real estate business is high, and it's important to think creatively about setting yourself apart. Highlighting your status as a REALTOR® who follows higher ethical standards and has access to exclusive tools can create a differentiator that draws attention from prospects. Watch the latest "Level Up" video for best practices.
Full Story: REALTOR® Magazine (10/18) 
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Real estate is sometimes fun and games. REALTOR® Magazine wants to know about your funniest or most embarrassing memory while working with customers in the field. Give us the details and your story may appear in the print magazine's "In the Trenches" section. Don't be shy!
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CEOs on social media can enhance a company's image
(Feodora Chiosea/Getty Images)
Research shows people trust a company whose CEO has a presence on social media, and experts recommend executives be personable and authentic while maintaining boundaries of privacy, especially around their family. "People don't just buy a brand," says Michelle Kennedy, CEO of Peanut. "They want to know more about who's behind it and how they live. Do they represent the values that they say they do? I think that is very important."
Full Story: Raconteur (UK) (10/13) 
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Developing a brand community is a key way for business-to-business marketers to forge trust and engagement via a sense of belonging, writes Bill Davies, head of content at Distillery. "This shift, from thinking of an audience to considering a community, is a powerful one, moving customer marketing away from reach-focused one-way communications to a two-way dialogue," Davies explains.
Full Story: The Drum (free registration) (10/20) 
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Real Estate Trends
The calming color combo Ray Booth of Ray Booth Interior Design used in singers Faith Hill and Tim McGraw's living room in their Bahamas home is on trend for 2024.
Full Story: Homes & Gardens (10/17) 
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The Mortgage Bankers Association (MBA) projects that multifamily and commercial lending will reach $442 billion in 2023, down 46% from last year. "Questions about supply and demand dynamics for some properties, the rise and volatility in interest rates, and the low number of transactions and coinciding lack of price discovery have all contributed to a marked decline," says MBA's Jamie Woodwell.
Full Story: Connect CRE (10/19) 
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Business Wellness
Louisiana real estate pro Jennifer Richardson vowed to remove trash and weeds from neglected roadway medians around town. She turned to social media for help and amassed 100 volunteers.
Full Story: REALTOR® Magazine (7/12) 
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Robyn McLeod talks about how she evolved as a team leader to improve her relationships with co-workers who were often combative with each other. Stop holding one-to-one meetings behind closed doors, come up with goals with your team, and find ways to recognize individual achievements, McLeod says.
Full Story: Chatsworth Consulting Group (10/19) 
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Fair & Equitable Housing
Many are asking whether homeless people truly want shelter, and experts say the answer is yes, though trauma and other factors can complicate their choices. "There is dignity in being able to choose where you are and how you experience your situation," said Sunny Wonder, deputy director of Council for the Homeless.
Full Story: The Columbian (Vancouver, Wash.) (tiered subscription model) (10/20) 
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Legislation & Regulation
The Federal Reserve's latest "Beige Book" report, released Wednesday, indicates U.S. economic activity remained mostly unchanged over the past month and a half. Labor market tightness continued to ease and prices increased at a modest pace, with five of the 12 regional Fed districts reporting modest growth and four describing modest contraction. The Fed report also highlighted the divide between "hard" data suggesting a strong economy and anecdotal accounts from the districts portraying a far-softer environment.
Full Story: Reuters (10/18),  Yahoo (10/18),  Bloomberg (10/18) 
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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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