REALTOR® Party News

REALTOR Party News – September 2022

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Another Leadership Week in the Books

It was wonderful to see so many of you at C5 last month. Some 500 brokers, industry professionals, and economic development experts joined us at the nation’s premier commercial real estate event in New York.
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Join us at iOi in Los Angeles this September

NAR’s fourth annual iOi Summit will be held from September 28-29 in Los Angeles. The iOi Pitch Battle competition offers a rare opportunity for real estate technology startups to showcase their innovations live on stage and to a global audience via livestream. NAR CEO Bob Goldberg outlined the benefits of the Pitch battle, and NAR’s REACH program, in a recent column published in the American Genius.
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What You Need to Know

FSBOs made up just 7% of home sales in 2021—the lowest share since 1981—according to NAR’s latest Profile of Home Buyers and Sellers. Some 12% of sellers sold their house without the help of a real estate agent in 2006. FSBO listings sold at a median of $260,000 in 2021, almost $60,000 lower than agent-assisted homes
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80%

Exactly 80% of the 185 metropolitan areas for which NAR tracks housing data recorded double-digit price gains in Q2. The national median single-family existing-home price eclipsed $400,000 for the first time, rising 14.2% from one year ago. Significant gains in housing wealth accumulated by homeowners over recent years will continue to pay dividends in support of the broader market
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Despite some in the media who have claimed otherwise, existing homes that are available and priced appropriately are still moving at a remarkably fast pace. The average house in the U.S. is selling in just 14 days. To put that into perspective, homes took an average of 96 days to sell back in 2011.
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Earlier this month, NAR announced the ten finalists for its 2022 Good Neighbor Awards. This is the 23rd year the program has honored REALTORS® who go above and beyond in their service to local communities. Read more about the ten finalists who have dedicated so much of their time, talent, and treasure to improving lives across the nation.
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The REALTOR® Party At Work

Highlighted here are a few of the many REALTOR® Party success stories across the nation. These and others are cataloged in the Success Stories section on REALTORParty.realtor.

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Ohio REALTORS® Leverage Issues Mobilization Grant to Preempt Threat of Rent Control

The Buckeye State’s REALTOR® association sprang into action as rent control measures were being considered in the state’s capital. The group leveraged an Issues Mobilization Grant to draft legislation to protect Ohio consumers from the harmful, unintended consequences of such policies. The association had less than a month to draft, present, and pass the bill, but statewide rent control preemption was successfully adopted in Ohio this spring.
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Five Years Later, Study Commissioned by Coastal Carolinas Association Still Paying Dividends

In the tourist destination of Myrtle Beach, SC, pedestrian safety is a natural priority. The city began addressing this issue in 2016 with help from the Coastal Carolinas Association of REALTORS® and a REALTOR® Party grant. Myrtle Beach’s first in-depth walkability study detailed a range of adjustments that would improve the community’s long-term vitality. City administration and local REALTORS® continue working together to make this vision a reality.
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Conejo Simi Moorpark Association Pushes for Added Local Wildfire Safety Measures

Thousand Oaks, CA, experienced devastating wildfires twice in the past four years. Recognizing the need to mitigate the risk of future loss, the local REALTOR® Association used timely polling and a REALTOR® Party Consumer Advocacy Grant to convince officials that maintenance of the rugged open space surrounding the city should be a priority. The City Council responded by including wildfire mitigation in its formal list of top priorities for fiscal year 2022-23.
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Resources & Opportunities

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Expert Advocacy Help When You Need It.

Apply by October 15th for Smart Growth, Housing Opportunity, Fair Housing, Placemaking, and Rural Outreach grants. Need ideas on how a grant can help fund your advocacy effort? Search success stories or sign-up for a 30-minute one-on-one Zoom meeting with NAR staff to brainstorm ways your association can leverage a Community Outreach Grant.
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Engage in Housing Affordability Initiatives

State and local associations can lay the groundwork for housing affordability initiatives in their region by leveraging NAR’s Housing Opportunity Grant program. Read more on government leaders and REALTORS® working together to address nationwide housing inventory shortages.
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Grant Help to Address Broadband, Well and Septic Regs, Zoning and More!

Fund your association’s advocacy, education, and engagement initiatives related to broadband, floodplain, onsite well and septic, open space preservation, protection overlay districts, and infrastructure challenges with help from a Rural Outreach Grant.
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There’s Still Time to Apply for a 2022 NAR Placemaking Grant

Meet NAR’s new Placemaking Grants Manager and learn more about the opportunities that can help you improve and enhance your community.
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Live your values. Don’t let hidden biases hamper your business relationships.

NAR’s new implicit bias course, Bias Override: Overcoming Barriers to Fair Housing provides REALTORS® with resources and strategies to avoid fair housing pitfalls and provide equal professional service to every client. Register for a class near you now.
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You are your brand… Own it!

REALTOR® Carolina Silver loves how her .realtor™ website allows her to show off her brand and enhance her online presence. In her own words, however, the best part is that if she were to change brokerages, she’d “still have an active website no matter what.” Claim your personalized .realtor™ professional domain today to make sure you’re the boss of your brand!
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