Simplify disclosures for your sellers Help home sellers understand why it's vital to disclose any material property defects to buyers. NAR's latest Consumer Guide covers how to determine which defects need to be disclosed and the potential ramifications of failing to do so, which can include legal action. Download all the Consumer Guides, which are also available in Spanish, at facts.realtor.
Why remodeling homeowners need your guidance Practitioners can play an important role in helping their clients make wise kitchen, bathroom and outdoor renovation decisions that will have a high ROI at resale. Full Story: REALTOR® Magazine (3/4)
Effective feedback can help a team excel, but as Bernard Coleman of Swing Education says, leaders could fit the archetype of "The Vague Vanisher" if their feedback is too generic, "The Time Traveler" if their input is not timely or "The Assumption Maker" if their comments are based on what others have said. Leaders can make feedback their superpower by making it specific, timely and based on behaviors they've personally observed, Coleman states. Full Story: MSN (2/24)
Heather Whaling, founder and CEO of Geben Communication, highlights the importance of regular audits for brands to stay relevant in a rapidly evolving media landscape. She looks at three critical areas: social media, competitive earned media and strategic communication channel audits, which help brands measure effectiveness, identify trends and optimize media presence. Full Story: PR Daily (3/3)
Real Estate Trends
Listing review: $31.5M Southwest Florida estate A 10,001-square-foot estate on Siesta Key, Fla., has been listed for $31.5 million, which would be a record sale for the area. The Crystal Waters estate features five bedrooms, a tennis court, a guesthouse and a heated pool and spa. Roger Pettingell of Coldwell Banker Realty is the listing agent. Full Story: Sarasota Herald-Tribune (Fla.) (tiered subscription model) (3/4)
U.S. construction spending falls 0.2% in Jan. Construction spending dipped 0.2% in Jan. from the previous month and jumped 3.3% from a year earlier, according to Commerce Department data. The month-to-month spending decline was primarily attributed to a 0.7% pullback in multifamily homebuilding. High mortgage rates and potential new tariffs on lumber and other imports are contributing to the downturn. Full Story: Reuters (3/3)
Business Wellness
Communication is needed to address the Great Detachment In the wake of the Great Resignation, companies now face the Great Detachment, characterized by widespread employee disengagement, writes Andrea Aker, CEO of Aker Ink PR & Marketing. Addressing this requires strategic internal communications to foster purpose and community, which leaders can do by organizing digital communication platforms that align with cultural values, creating "yearbooks" to serve as company time capsules and planning town halls with the executives. Full Story: Forbes (tiered subscription model) (3/3)
Fair & Equitable Housing
New Jersey towns face lawsuits over affordable housing obligations The New Jersey Builders Association is suing 159 municipalities for allegedly ignoring affordable housing obligations set by the Department of Community Affairs. Marlboro Mayor Jonathan Hornik argues that developers shouldn't influence housing decisions, while state Sen. Anthony Bucco blames a 2024 law signed by Gov. Phil Murphy for enabling these lawsuits. Full Story: WKXW-FM (Ewing, N.J.) (3/4)
Legislation & Regulation
Goldman's Solomon sees low U.S. recession risk Goldman Sachs CEO David Solomon says the chance of a U.S. recession is "very small" despite uncertainties in global trade policy. Speaking at a business summit, Solomon highlighted that while market volatility is present due to trade tensions, the overall outlook for the U.S. economy remains positive. Full Story: Reuters (3/4),Bloomberg (3/4),CNBC (3/3)
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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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