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Best Practices in Sales & Marketing
10 anti-burglary tips for your sellers When your clients are opening their doors to the public for showings, they need to take extra precautions. Share these suggestions to help them keep their belongings safe. Full Story: REALTOR® Magazine (Dec. 2016)
When is the moment that goal-setting fails? When business targets stall, troubleshooting needs to identify whether the snag is in the broader strategy, specific tactics or the goals themselves, digital media consultant John Boitnott writes. "Knowing when to do which is critically important," notes Boitnott, who advises first looking into specific actions, then strategies and finally goals. Full Story: Entrepreneur (9/20)
Real Estate Trends
Supply of homes for sale may remain low in near future Although housing inventory has increased in recent months due in part to properties sitting on the market for longer periods, the number of new listings for the month that ended Sept. 18 fell 20% from a year ago, according to Redfin. Homeowners who have low mortgage rates or don't urgently need to sell may be biding their time about putting properties on the market, according to economists. Full Story: The Wall Street Journal (9/22)
New York City apartment rents dip after months of gains Manhattan apartment rents fell by $50 in August to reach a median of $4,100, ending several months of record-setting increases, according to Miller Samuel and Douglas Elliman Real Estate. "Rents are robust but they are starting to plateau," said Miller Samuel President Jonathan Miller. Full Story: Bloomberg (9/22)
Nvidia unit invests in PassiveLogic The nVentures arm of Nvidia is investing $15 million in Utah-based PassiveLogic, which provides a service platform for autonomous control of building systems. "We were impressed with PassiveLogic's vision to revolutionize the real estate industry through autonomous operations at the edge," nVentures chief Mohamed Siddeek says of the investment. Full Story: TechCrunch (tiered subscription model) (9/20)
Fed decision to wait on sales bolsters mortgage bonds Mortgage bonds climbed 0.4% Wednesday after the Federal Reserve announced it had no immediate intention to sell mortgage-backed securities holdings, worth $2.7 trillion. John Kerschner, head of US securitized products at Janus Henderson Investors, says the announcement makes money managers and others more confident in purchasing mortgage bonds, while Citigroup has revised an expectation of the start of Fed sales to April from November. Full Story: BNN Bloomberg (Canada) (9/22),American Banker (9/21)
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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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