NAR Interim CEO Nykia Wright sets the record straight about the association and commissions in real estate. Watch and re-share her video to amplify how NAR makes efficient, transparent and accessible marketplaces possible, serving consumers and advancing homeownership.
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Every week, 46% of people spend more than six hours using social media, YouGov reports. The rate gets closer to 60% for people between 18 and 24 years old, and social media provides more news than TV does for most of those under 34.
LinkedIn's new ad tracking feature, Website Actions, uses sites' Insight Tags to monitor user activity. Brands can create custom audiences based on the actions they find most important.
Maximizing space, particularly the bedroom, is increasingly important when it comes to design, whether due to the current housing market or the shift to remote work. Interior designers like Sean Anderson and William Hefner note a growing trend in transforming bedrooms into multifunctional spaces.
Unmarried couples who were quick to buy houses together during the pandemic are finding it difficult to disentangle from the legal ramifications of joint ownership after relationships end.
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Contract review platform TermScout is moving into a new area with a marketplace where providers of AI can offer tools tailored to specific expertise. It's called Screens, and an early customer is the American Arbitration Association, which is using it to review dispute resolution clauses with an eye toward avoiding litigation.
Produced in collaboration with the Perception Institute, the series helps real estate professionals examine implicit biases that could result in unequal treatment.
Along with the development of a planned entertainment district in Northern Virginia, real estate investment trust JBG SMITH intends to preserve the affordability of 500 housing units in Alexandria. The company seeks to partner with the city in the endeavor.
The Federal Reserve left the federal funds rate unchanged at the conclusion of a policy meeting Wednesday, and Chair Jerome Powell has suggested cuts might not come at the March meeting. "It's a highly consequential decision to start the process" of lowering interest rates, "and we want to get that right," Powell says. "We've made a lot of progress on inflation. We just want to make sure that we do get the job done in a sustainable way." Markets fell in response to the news, with the S&P 500, the Nasdaq composite and the Dow Jones Industrial Average ending the day down.
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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