6 ways to help home buyers compete with investors | The problem with the term 'workforce housing' | 4 leadership strategies that make you a better coach
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August 9, 2023
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With cash deals accounting for more than a quarter of the real estate market, these tips can make your client's offer more compelling.
Full Story: REALTOR® Magazine (8/9) 
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Best Practices in Sales & Marketing
The phrase has defined a subset of affordable housing for those who earn between 60% and 120% of an area's median income. But some feel it's unfair and suggests that those who earn less than 60% aren't part of their area's workforce.
Full Story: REALTOR® Magazine (7/19) 
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4 leadership strategies that make you a better coach
(Catherine Falls Commercial/Getty Images)
Managers need to morph into coaches to get the best out of their teams, and savvy leaders coach a team member through a disagreement with clarity, narrative, listening and vision, writes consultant and author Marlene Chism. Any of these four skills will make it "much easier ... to build bridges, get collaboration, increase accountability and get things done," Chism explains.
Full Story: SmartBrief/Leadership (8/7) 
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Real Estate Trends
Many clients buying their first home or condo may be unsure what style direction to take. Instagram, the social media platform, makes it easy, fast and affordable to learn what’s trending.
Full Story: REALTOR® Magazine/The Lounge (7/28) 
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Microgrids are gaining popularity for residential development, appealing to buyers who are conscious of their home's carbon footprint. Currently hundreds of such grids operate in the US.
Full Story: The New York Times (8/8) 
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Homebuying during the height of the coronavirus pandemic has boosted homeownership among those under 44 years of age, according to an analysis by the US Census Bureau.
Full Story: CNN (8/8) 
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Technology & Innovations
AI could also be used to destroy the reputation of an enterprise with astounding speed, writes Mike Nachshen of Fortis Strategic Communications. "Think disgruntled employees, unethical competitors, angry customers -- or a bored 15-year-old with too much time on their hands," Nachshen notes before outlining steps for prevention and solution.
Full Story: PR Daily (8/7) 
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Business Wellness
Many people take pride in devoting all of their energy to their work, but doing so has significant costs for one's family and health, writes Manisha Thakor, who worked in financial services for more than 30 years before changing careers. Three signs that you might be a workaholic -- according to a research team at the University of Georgia -- are feeling obligated to work because of internal pressure, having perpetual thoughts of work outside of work hours and working beyond what is reasonably expected despite possible negative consequences, Thakor writes.
Full Story: Fast Company (tiered subscription model) (8/8) 
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Fair & Equitable Housing
US cities, faced with vacant office buildings and an ongoing housing crisis are looking to residential conversions as a way to ease the strain.
Full Story: PBS (8/8) 
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Legislation & Regulation
Federal Reserve officials are continuing to discuss what comes next for the central bank, with Fed Governor Michelle Bowman saying that additional interest-rate hikes may be needed. Meanwhile, New York Fed President John Williams commented that "we've got monetary policy in a good place, it is definitely restrictive, but we have to watch the data."
Full Story: MarketWatch (tiered subscription model) (8/7),  The New York Times (8/7),  Bloomberg (8/6) 
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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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