Is the second 'great migration' coming? Buyers are traveling greater distances to find a home. What's driving the change, and how can real estate practitioners pivot to navigate through it? Full Story: REALTOR® Magazine (4/25)
[Webinar] Listing Expert Handbook Why are some agents slammed with listings, while others feel like they're in a listing expert? We've talked to our friends and colleagues who are thriving in this market, and we've compiled the activities, scripts, templates, and more you need to be that go-to agent scooping up market share. Get all the scripts and templates during our webinar this Thursday, April 27 at 12pm ET! Register Now! >>
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Best Practices in Sales & Marketing
4 ways to overcome a fear of failure Akintoye Akindele outlines four ways leaders can prevent a fear of failure from hampering success. Remember that failure is common, can spark personal growth, is simply a detour on your journey and can be overcome by perseverance, writes Akindele, CEO of Platform Capital Group. Full Story: Training magazine (4/18)
4 steps to well-rounded employee coaching Coaching isn't about sucking oxygen out of an employee's realm; rather, it's about "creating space to be filled by the employee," executive coach Ed Batista writes. A successful coaching style involves connecting, reflecting, directing and then asking. Full Story: Ed Batista Executive Coaching (4/25)
March saw one-year high in new home sales New single-family home sales reached a seasonally adjusted annual rate of 683,000 units in March, climbing 9.6% to reach a one-year high, according to the Commerce Department. A dip in mortgage rates may have helped spur the activity, with sales climbing especially fast in the Northeast. However, sales were down 3.4% year over year. Full Story: Reuters (4/25)
Zoning changes could help address lack of affordable units Cara Hansen of Downstreet Housing & Community Development in Vermont points to drivers of the affordable housing shortage, including "decades of inequitable housing policies, intentionally exclusionary regulations and the monetization of housing as a commodity." Hansen calls for updates to zoning laws that will support an increase in home supply. Full Story: VTDigger (Vermont) (4/25)
Legislation & Regulation
Trade group resists CFPB on lender/appraiser liability The Mortgage Bankers Association has filed an amicus brief with a U.S. District Court in Maryland that objects to a move by the Consumer Financial Protection Bureau and Department of Justice to establish a liability standard that would hold lenders responsible for the actions of the appraisers they employ in the event of disputes. Centered on a case in which a Black couple say an appraiser was racially biased in downgrading the assessed value of their home, the MBA says the CFPB and DOJ stance "attempts to impose requirements on lenders beyond the existing federal legal framework for their interactions with third-party appraisers." Full Story: HousingWire (4/24)
Moody's downgrades 11 US banks' credit ratings Moody's Investors Service has downgraded the credit ratings of 11 U.S. banks and lowered its outlooks for nine others in light of recent headwinds. The rating firm cited struggles to retain deposits and growing anxiety over some banks' exposure to the commercial real estate market. Full Story: Investment Executive (Canada) (4/24)
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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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