Be your office's safety advocate | Are written buyer agreements required in a designated agency scenario when a single broker works both for the seller and for the buyer and designates an agent to represent the buyer? | The next chapter in your business
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May 20, 2024
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Half of real estate brokerages have no safety policies, according to NAR data. So, who's reminding you and your colleagues what to do to make sure you're working safely with clients? Every office could use a safety advocate who encourages agents every day to think about their well-being while on the job. And maybe that person should be you. Listen to "Drive With NAR."
Full Story: REALTOR® Magazine/Drive With NAR (5/20) 
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Did you know that in Q1 of 2024, Offerpad purchased 50% more homes through agents than in Q4 of 2023? When your client sells their home to us for cash, you'll earn our 3% referral fee plus another 1% when you list that same property! Learn more.

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Settlement Answers
Are written buyer agreements required in a designated agency scenario when a single broker works both for the seller and for the buyer and designates an agent to represent the buyer?
Yes. If an MLS participant is working as an agent for a buyer, a written agreement is required. Get more facts about NAR's proposed settlement agreement at facts.realtor.
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Best Practices in Sales & Marketing
Despite pent-up demand among millennials, the large baby boomer cohort generally plans to stay in their homes as long as they can. What's a real estate agent to do?
Full Story: REALTOR® Magazine (5/3) 
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PR professionals continue to tackle crises head-on by employing the "stealing thunder" approach of getting out ahead of bad news. Leveraging owned platforms on social media, websites and email to own the story and direct the crisis narrative can promote transparency and boost trust in an increasingly disrupted communication landscape, writes Hinda Mitchell, founder and president of Inspire PR Group.
Full Story: PRSAY (5/15) 
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Real Estate Trends
Online views for real estate listings may provide insight into the architecture styles home buyers favor.
Full Story: REALTOR® Magazine/Styled, Staged & Sold (4/29) 
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Elina Edelman and Jessica Feuerstein are the listing agents for this $5.15 million six-bedroom home in Harrison, N.Y. The property has undergone a renovation and redesign.
Full Story: Westchester Magazine online (Rye, N.Y.) (5/16) 
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Technology & Innovations
The integration of new technologies is revolutionizing interior design, transforming how designers and homeowners approach the design process with innovations such as immersive 3D visualization and smart home automation. These advancements are creating more efficient, sustainable and personalized design experiences.
Full Story: TechBullion (UK) (5/20) 
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Business Wellness
Many employers are becoming more flexible about part-time work, partly because of the labor shortage and because they learned during the pandemic that it can be mutually beneficial. The trend has led to more women, particularly mothers, filling such roles, alleviating workforce challenges for many businesses at a time when retirements are increasing, says Claudia Sahm, chief economist at New Century Advisors.
Full Story: Bloomberg (5/16) 
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Fair & Equitable Housing
Robert Bartshe, president of Sierra Nevada REALTORS® and member Sam Olson highlight the responsibility to help families access housing, even in the current challenging economic conditions. "As REALTORS®, our commitment to making fair housing a lived reality for all is a year-round commitment, not a box to be checked or important only in the month of April," they write.
Full Story: Carson Now (Carson City, Nev.) (5/19) 
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Legislation & Regulation
American consumers are pushing back major household purchases and home improvements as high inflation and interest rates weigh on their spending plans, according to corporate executives and industry data. This spending slowdown could signal to the Federal Reserve that its interest rate hikes are effectively cooling the economy, potentially paving the way for future rate cuts. "What they tell us is they're just simply deferring these projects as given higher rates, it just doesn't seem the right moment to execute," says Home Depot CFO Richard McPhail.
Full Story: CNBC (5/20) 
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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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