Protecting smart homes from cyber threats | Navigating real estate transactions during a divorce | These small actions can have a big impact on leadership
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October 21, 2024
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Smart homes can offer a wealth of conveniences and customized experiences, but connected devices also can serve as an entry point for cybercriminals to access your clients' sensitive data. Two real estate pros who sell smart homes highlight the benefits of these properties and how to mitigate the potential risks. Watch or listen to the latest episode of the "Drive With NAR" podcast.
Full Story: REALTOR® Magazine/Drive With NAR (10/21) 
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As an NAR member you take diligent care of your clients every day. If you cannot work due to an injury or illness, REALTORS® Short Term Disability Insurance can help take care of you and your family. You can focus on your recovery, not your finances. >>Learn More
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Best Practices in Sales & Marketing
When a couple decides to divorce, the sale of real property the two partners own together cannot be treated as a normal transaction. While some divorces are amicable, the majority are not. The listing agent must rise to the challenge with effective communication to keep everyone on the same page about the sale. That can happen in several different ways, depending on the circumstances.
Full Story: REALTOR® Magazine (10/17) 
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Effective leadership involves focusing on small, everyday actions rather than just significant accomplishments, leadership coach Scott Cochrane writes. Cochrane suggests leaders should strive every day to solve problems, make progress towards goals, assist others, clarify team direction and reinforce core values.
Full Story: Scott Cochrane (10/17) 
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Achieving professionalism in sales requires a commitment to ongoing education and a deep understanding of the company, product, customer and competition, writes Paul Reilly. True sales professionals stand out by holding themselves to high standards and continuously adapting to industry changes, Reilly writes.
Full Story: Industrial Distribution (10/18) 
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Real Estate Trends
Homeowners who prefer the flexibility to remove screens when they want greater outdoor exposure are turning to this solution.
Full Story: REALTOR® Magazine/Styled, Staged & Sold (10/21) 
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Through September, 18 closings topped $2.5 million in the Cincinnati area, up from 15 for the same period a year ago.
Full Story: The Business Journals (tiered subscription model)/Cincinnati (10/16),  WKRC-TV (Cincinnati)/Cincinnati Business Courier (10/17) 
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Housing starts fell to a 1.35 million annualized rate in September, down 0.5%, according to the Commerce Department. Construction of multifamily starts were down 9.4%, although single-family starts rose 2.7%.
Full Story: Bloomberg (10/18),  Barron's (10/18) 
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Technology & Innovations
The remote work trend is shaping buyer preferences with workspaces and connectivity among prized features. Many buyers are opting for larger homes further from city centers.
Full Story: Rolling Out (10/20) 
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Business Wellness
Settle team conflicts, then teach them how to do it, too
(Pixabay)
Conflicts among team members may be inevitable, but Karin Hurt and David Dye offer eight strategies to quell discord, including staying calm, finding and understanding the root of the dispute, following up with team members afterward and teaching them techniques to handle future disagreements. "The highest-performing teams don't shy away from conflict. They embrace it and understand that every disagreement is an opportunity to build relationships and improve results," they write.
Full Story: Let's Grow Leaders (10/18) 
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News from NAR
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Fair & Equitable Housing
A lawsuit brought by disability advocates is costing Chicago millions and jeopardizing federal support for city housing programs. The litigation, brought by Access Living, contends that Chicago has not set aside the required number of affordable units for people with disabilities.
Full Story: WTTW-TV (Chicago, Ill.) (10/21),  Crain's Chicago Business (tiered subscription model) (10/16) 
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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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