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JUNE 18, 2015
Find out if you’re keeping pace with your peers when it comes to your transactions and income in the latest NAR Member Profile. Read more about the latest member trends in business activity, income, use of technology, firm affiliation, licensing, and demographics. Watch NAR Chief Economist Lawrence Yun discuss the highlights.
CFPB Backs Delay on Changes
A proposed two-month delay in implementing TRID is a “welcome step,” NAR president says.
Patent Reforms Move Forward
Senate committee overwhelmingly approves a bill to curb abusive patent litigation. Read more.
5-Step Home Insurance Guide
Keep impressing past clients: Post to Facebook tips showing them how to save on insurance.
Make your business SHINE by attending the REALTORS® Conference & Expo, Nov. 13-16 in San Diego, CA. It’s four days of education, networking, motivation and fun!
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INDUSTRY NEWS FROM REALTOR® MAGAZINE
• Report: Renter Growth to Explode by 2030
• Agency: Appraisal Company Not Paying Reasonable Fees
• How Music Enriches the Showing Experience
• Housing on Track for Best Year Since 2006
• For Sellers, Emotions Trump More Money
RESEARCH & STATISTICS
Video: Most Deals Done by REALTORS®
There was a slight dip in REALTOR® business overall in 2015, but 90% of real estate transactions were done by REALTORS®. Watch NAR’s Chief Economist Lawrence Yun discuss that and other highlights of the latest NAR Member Profile.
How’s Your Metro Area Doing? See Data
Find out the latest on jobs, foreclosures, inventory, and debt-to-income ratios in your state’s metropolitan housing markets.
Commercial Sales Jump in First Quarter
First-quarter sales of commercial properties rose 10.6% on a year-over-year basis, up from the 9.5% increase seen in the fourth quarter of 2014. Read more in the latest Commercial Real Estate Market Survey.
Agents Can be Independent Contractors
Read NAR Legal’s take on last week’s case in which Massachusetts’s highest court found that license law allowed a broker to properly classify salespeople as independent contractors.
LEGISLATIVE & REGULATORY
Senate Committee OKs Patent Reforms
The Senate Judiciary Committee has overwhelmingly approved a patent reform bill. Find out more about this carefully balanced set of litigation reforms aimed at curbing abusive patent litigation at the hands of “patent trolls.”
CFPB “Sensitive” to Good-Faith Efforts
The Consumer Financial Protection Bureau has announced it will be “sensitive” to companies making a good-faith effort to comply with the new integrated disclosure regulation that goes into effect Aug. 1. Read NAR’s response.
NAR, DOE Sign Data Agreement
To further advance voluntary energy-efficiency activities in homes across the country, NAR’s Center for REALTOR® Technology has signed an agreement with the U.S. Department of Energy that will help American families improve the efficiency of their homes. Read more.
Senate Panel Passes Water Bill
The Senate Environment and Public Works Committee voted 11-9 to advance a measure to kill the Environmental Protection Agency’s controversial water rule. Find out what’s next.
MORE…• CFPB Increases Penalty in PHH RESPA Action
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