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Idea Exchange Council Seeks to Raise Caliber of Industry
Two times per year, at NAR’s major meetings, the idea exchange council for brokers comes together to share broker challenges, ideas and solutions. And the goal is always the same: to raise the caliber of the industry by sharing good ideas. Last month, during the REALTORS® Conference & Expo in New Orleans, La., brokers from companies of all sizes and geographic locations took advantage of the think tank to bounce ideas off one another. Here's the recap.
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Mobility Matters
Optimizing Your Relocation Business
RFP Basics for Relocation Directors
By Peg Guinta, CRP, GMA
On occasion, real estate-based relocation departments may need to complete an RFP for corporate or RMC clients’ group moves, property management or other mobility industry service needs. Although these opportunities may not occur often, formalized Request for Proposal processes have become the mobility industry norm, especially for corporate clients, so it may help to understand how response style can influence selection decisions.
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As many Power Brokers know, closing the fourth quarter strong is vital in order to prepare for a strong start in 2015. In a recent webinar entitled “Finish the Year Strong, Start the New Year Even Stronger,” hosted by RISMedia and sponsored by Bank of America Home Loans, some of the industry’s leading brokers weighed in on how they’re keeping their firms invigorated and productive while preparing for what will eventually drive their business in January and beyond.
Nearly every factor generally associated with home sales has been turning for the better. We have more jobs, growing population, rising rents, additional inventory choices, record-high household net worth, and exceptionally low mortgage rates. On top of these trends, there is accumulating pent-up housing demand from people who underwent distressed property sales several years ago. Even rising home prices are bringing existing homeowners into the game.
According to a report recently published by a new think tank, more young professionals are opting for the cities over the suburbs. This has historically been the trend, but new data shows that this desire for urban real estate has skyrocketed in America’s major cities, and the migration is largely being driven by younger people with at least a four-year college degree. According to the study, all major metropolitan areas – with the exception of Detroit – have seen a dramatic increase in people who meet this coveted criteria.