Study: Best time to sell a home in 2024 is coming soon | Does NAR's settlement agreement mean the association is admitting that plaintiffs' allegations are true? | Visibility aids career growth
No. The settlement makes clear that NAR continues to deny any wrongdoing in connection with the MLS cooperative compensation model rule (MLS Model Rule). NAR's goal all along has been to resolve this litigation in a way that preserves consumer choice and protects members to the greatest extent possible. This settlement achieves both of those goals. Learn more facts about the settlement at facts.realtor.
Best Practices in Sales & Marketing
Visibility aids career growth Maintaining visibility is a key component of leadership and can enhance recognition and open doors to new opportunities, former IBM CIO Kathryn Guarini and other IT leaders say. A visibility strategy may include public speaking, networking, participating in professional societies, writing white papers and commentaries, and seeking high-profile assignments. Full Story: CIO (3/25)
How can you reignite Instagram interest from Gen Z, Alpha? Generation Z and Alpha members are less enthused with Instagram due to their increased preference for anonymity, among other reasons, and an algorithm that favors influencer content, writes Rachael Previti, NinetyEight social media strategist. Brands can overcome this Instagram fatigue by creating content with "soul and nuance," using more real-life images and focusing on a "product in action" over product placement. Full Story: Ad Age (tiered subscription model) (3/27)
Expand your customer targeting with these strategies Improve your company's ecommerce advertising response with these custom marketing strategies. Send special offers to returning customers, target discount seekers with sale promotions, give customers the ability to send a gift with a message, offer other relevant products to customers who make a purchase, and use "predictive" software to find customers likely to purchase within a specific time. Full Story: Practical eCommerce (3/26)
Mansion once owned by Nicholas Cage sells for $3.3M A San Francisco mansion in Pacific Heights, previously owned by Oscar-winning actor Nicholas Cage, was sold for $3.3 million by listing agent Helena Zaludova of Compass. The property features six bedrooms, five-and-a-half bathrooms and a large garage and was initially listed for $3.5 million in February. Full Story: KRON-TV (San Francisco) (3/26)
Fair & Equitable Housing
HUD wins dispute with insurers over housing inequality U.S. District Judge Rebecca Pallmeyer has issued a decision favoring the Department of Housing and Urban Development in a 10-year-old lawsuit in which an insurance industry group challenged a 2013 rule guiding the determination of when unintentionally discriminatory housing practices run afoul of the Fair Housing Act. The industry group argued that, under the rule, homeowners insurers could face disparate-impact lawsuits over their assessment of a policyholder's risk. Full Story: Courthouse News Service (3/26)
Legislation & Regulation
Fed records highest-ever operating loss at $114.3B The Federal Reserve's operating losses climbed to a record $114.3 billion in 2023, audited financial statements showed. Interest expenses also nearly tripled to $281.1 billion, while the interest income earned on its asset portfolio came in at $163.8 billion, down from around $170 billion in 2022. Full Story: Bloomberg (3/26)
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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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