New tool helps hosts calculate short-term rental profit | How to make lease renewals part of your business | What if the home sellers have a dangerous pet?
HOW TO GET LISTINGS IN THIS VOLATILE MARKET Most agents try to attract Sellers by offering a free home evaluation or how to sell for top dollar. In this market these offers have little value so you must instead offer something they can't get on their own. The seller's #1 problem in this market is >> MORE
Since the influence of Wikipedia can't be overstated, "brands should have a plan" for engaging with the site and following its listed guidelines, asserts Rhiannon Ruff of Lumino, a digital agency. A good policy, Ruff writes, is to never edit your company's page, adding, "Wikipedia has strict guidelines about neutrality, verifiability, and conflicts of interest." Full Story: PR Daily (9/11)
Surveys indicate the use of artificial intelligence to monitor employees' communications and computer use has a negative effect on performance and mental health. "When employees feel they are not cared for or trusted by their employers, they are likely to have lower levels of commitment to the organization and perceive lower levels of psychological safety and higher levels of stress, all negatively affecting the relationship between employees and their employers, and specifically their managers and supervisors," says Leslie Hammer, an Oregon Health & Science University professor. Full Story: CNBC (9/8)
Business Wellness
Striving for 85% productivity at work may be healthier Some corporate leaders and coaching professionals say that employees can be most effective at work if they aim for about 85% productivity instead of going for 100%, overstressing themselves and then burning out. Business author Greg McKeown says 85% is a sweet spot because trying to achieve 100% all the time is too draining, and exercise physiologist Steve Magness says realizing that a person's entire self-worth does not depend on one action can help a person to relax and be more likely to complete the task successfully. Full Story: The Wall Street Journal (9/10)
Fair & Equitable Housing
HUD considers possibility of giving renters cash The Department of Housing and Urban Development is considering ways to reduce bureaucracy in order to get housing aid into the hands of those who qualify. The current voucher system is seen as cumbersome and inefficient, and direct cash payments are being considered as a way of reducing steps and getting a clearer picture of landlords' concerns regarding vouchers. Full Story: Vox (9/12)
Legislation & Regulation
Resilient stocks push household wealth to record level Federal Reserve data reveals that U.S. household wealth surged to an all-time high of over $154 trillion in the second quarter, a 3.7% increase from Q1. The stock market's robust performance, marked by an 8.7% gain in the S&P 500 total return index, and a rebound in real estate values, which contributed $2.5 trillion, were the primary drivers behind the growth, even as households' cash reserves continued to dwindle, dropping to $17.7 trillion. Full Story: Reuters (9/8)
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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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