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January 13, 2023
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Top News
A dip below 6% has become a distinct possibility, says NAR Chief Economist Lawrence Yun.
Full Story: REALTOR® Magazine (1/13) 
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Best Practices in Sales & Marketing
Selling might be easier "if we could help make buying easier," sales blogger David Brock asserts. Consider questions -- such as why your buyers typically get derailed from a purchase -- and offer insight to assuage their fear of making the wrong decision.
Full Story: Partners in Excellence Blog (1/11) 
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Brands still can make gains against economic challenges, say 60% of US and European media agency professionals surveyed by Criteo. More than 90% say brand clients should explore new digital channels, and 64% say newer digital options such as retail media networks will deliver returns that outpace social media or search.
Full Story: MediaPost Communications (free registration) (1/11),  Adweek (1/11) 
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App downloads increased 11% year over year in 2022 to 255 billion, despite a 2% drop in spending, data.ai reports. TikTok led social apps for in-app revenue generation and BeReal added 5.3 million users, the most any app has gained in five years.
Full Story: TechCrunch (tiered subscription model) (1/11),  Social Media Today (1/11) 
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Real Estate Trends
Indoor-outdoor dining arrangements are growing in popularity as homeowners move away from traditional dining rooms.
Full Story: The Wall Street Journal (1/11) 
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Technology & Innovations
As a conduit to consumers, you can help technology developers understand how their products are -- or are not -- meeting homeowners' needs.
Full Story: REALTOR® Magazine (11/1) 
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Real estate technology startup SMS Assist is being acquired by a competitor, Lessen, which brings together US landlords and building contractors, for $950 million. The merged entity will offer services to about 250,000 commercial and residential properties.
Full Story: Bloomberg (1/12) 
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Companies that register with the Apple Business Connect tool can expand their listings in Maps and other Apple apps. The tool enables small-business owners to customize logos and photos and to encourage such actions as making a reservation.
Full Story: Computerworld (1/11) 
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Business Wellness
After her father, husband and son struggled with addiction, Catherine McClellan launched a transitional home for people recovering from substance abuse.
Full Story: REALTOR® Magazine (11/2) 
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Fair & Equitable Housing
The St. Louis REALTORS® Association is on the front lines of reversing historical discrimination against minorities in the homebuying process. Last year, the group issued a letter of apology for its past role in housing discrimination.
Full Story: St. Louis Public Radio (1/12) 
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Legislation & Regulation
City National Bank will pay a record $31 million to settle Justice Department redlining claims. The claims cite the Los Angeles-based bank's history of refusing to underwrite mortgage loans in areas that were majority Black or Latino.
Full Story: PBS/The Associated Press (1/12) 
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Editor's Note
SmartBrief will not publish Jan. 16
In observance of Martin Luther King Jr. Day in the US, SmartBrief will not publish Monday, Jan. 16.
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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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