Cut carbon, costs with a heat pump water heater | Can disputes about an offer of compensation still be arbitrated or mediated? | Show common sense when showing property
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June 12, 2024
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More home buyers than ever are choosing energy-efficient heat pump water heaters over fossil-fueled water heaters. They're an energy-efficient solution to gas and electric pumps that could save homeowners money.
Full Story: REALTOR® Magazine (6/11) 
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Settlement Answers
Can disputes about an offer of compensation still be arbitrated or mediated?
Yes. REALTORS® are bound to arbitrate or mediate pursuant to Article 17 of the Code of Ethics. MLS participants who are non-REALTORS® are bound to arbitrate or mediate pursuant to their MLS's local rules. Get more facts about NAR's proposed settlement agreement at facts.realtor.
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Webinar: 2024 Listing Presentation Strategies
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Best Practices in Sales & Marketing
Leaving buyer clients alone in a home could be grounds for an ethics complaint.
Full Story: REALTOR® Magazine (5/3) 
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A strong sales culture can boost results and help sales managers motivate their teams, writes Loyd Ford, president and chief strategic officer at Rainmaker Pathway Consulting Works. "A sales manager's job isn't about teaching selling," Ford notes. "It is about teaching selling and action."
Full Story: Radio Ink (6/10) 
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Success for an Instagram video depends on how many people send it to their friends, CEO Adam Mosseri said on a recent episode of Hey, We're Colin and Samir, and short-form video enables that sort of sharing. Despite this focus on human connection, the platform is also boosting its AI recommendation programs to help users find a wide variety of content.
Full Story: Social Media Today (6/10) 
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Real Estate Trends
After his yard sign was defaced, a Georgia agent stayed positive and focused on turning the incident into a teachable moment for the industry.
Full Story: REALTOR® Magazine (6/12) 
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Sofas, bars and original artwork are expenditures in the living room that are worth the cost, according to professionals.
Full Story: Business Insider (6/11) 
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Technology & Innovations
Unwanted or inaccurate AI-generated content in media and search results—like Google including glue in a pizza recipe—has earned the name "slop," a term that could become as ubiquitous as using "spam" to describe unwelcome emails. Experts say the fact that low-quality AI content is so common that a name for it has already emerged suggests the technology could have a less extreme effect on online searches than previously feared.
Full Story: The New York Times (6/11) 
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Fair & Equitable Housing
Florida has approved directing surplus Monroe County Tourist Development Council funds toward affordable housing, a move that is expected to result in the construction of at least a dozen affordable housing units in Key West. New state legislation allows for the shift in funds.
Full Story: The Key West Citizen (Fla.) (6/11) 
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Legislation & Regulation
Office space is the main asset class troubling lenders while the risk in other categories remains manageable, executives at Wells Fargo and PNC Financial Services Group say. "Most of the portfolio is performing pretty well," according to Wells Fargo Chief Financial Officer Mike Santomassimo. PNC CFO Robert Reilly noted that commercial real estate is "fine" outside of office lending and that the bank is working through its loan book for office and predicts there will be charge-offs.
Full Story: Bloomberg (6/11) 
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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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