Know the tax ramifications for home sellers | Are written buyer agreements required in a dual agency scenario when a single agent works both for the seller and for the buyer? | Do one task every day to build a sales pipeline
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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.
Best Practices in Sales & Marketing
Do one task every day to build a sales pipeline Sales leaders should perform one task every day to build a strong sales pipeline, advises Colleen Francis, whether it's leads from new or existing customers. "When you do that, you are compound the effect, the positive effect that you get from growth and you will create growth consistently," Francis writes. Full Story: Engage Selling (5/15)
Understanding customers through segmentation Customer segmentation analysis can help salespeople better understand customers, writes Alwayne Powell, a performance marketing leader. Powell recommends segmenting customers by demographics, behavior, transactions and psychographic traits such as lifestyles or personal values. Full Story: StartupNation (5/15)
Invitation Homes CEO on demand in the housing market Invitation Homes CEO Dallas Tanner discusses the state of the housing market, rental trends in the company's portfolio and its efforts to create new housing stock. "There's still really insatiable demand," Tanner said. "It all comes down to lack of housing supply." Full Story: CNBC (5/15)
Google's generative AI can describe video for smart TV viewers and tailor movies or shows based on their preferences. The company announced the updates at this week's I/O conference and revealed that it's adding Max and Peacock to some cars' infotainment systems. Full Story: TechCrunch (tiered subscription model) (5/15),The Verge (5/15)
Legislation & Regulation
FHFA invites feedback on Federal Home Loan banks The Federal Housing Finance Agency has formally asked for public comment on the role played by the Federal Home Loan Bank system, with the aim of collecting feedback on how the regulatory statement governing the system might be improved. The FHFA also is seeking views on what benchmarks it could apply to the system's performance toward its mission. Full Story: American Banker (5/16)
Fed's Goolsbee: Still room for disinflation despite positive signs Federal Reserve Bank of Chicago President Austan Goolsbee noted that the latest inflation report showed some progress but that "there's still room for improvement." Meanwhile, Minneapolis Federal Reserve President Neel Kashkari said that interest rates would likely need to be held "a while longer," and he also noted that there is uncertainty about exactly how monetary policy is affecting the economy. Full Story: Bloomberg (5/15),Barron's (5/15)
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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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