Many Deals in Jeopardy Without 1031 Exchanges; NAR/Move Win Patent Appeal

National Association of Realtors®
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NATIONAL ASSOCIATION of REALTORS®


FORWARD TO A FRIEND  |  CUSTOMIZE THIS NEWSLETTER  |  VISIT REALTOR.ORG


JULY 23, 2015



JULY 23, 2015


FEATURED STORY


Many Deals in Jeopardy
Without 1031 Exchanges

NAR
 

NAR has just released research showing why proposals in Congress to curb 1031 tax-deferred exchanges would be a bad idea for residential and commercial real estate. Watch now for more info on that and NAR’s latest pending home sales index, which is at its highest level since 2006. Read the survey results here.



NAR/Move Win Patent Appeal

Federal court affirms ruling that Move Inc.’s websites don’t infringe on existing patents.


Social Media Use Up

Two-thirds of members use social media for their business, but open houses are a bust.



How Foreign Buyers Choose

It’s all about proximity to their home country, plus a few other factors. Find out more.






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INDUSTRY NEWS FROM REALTOR® MAGAZINE

Owners to Focus on Home Improvement
What First-Time Buyers Are Willing to Sacrifice
How to Obtain Referrals from Non-Clients
The 10 Most Stable Housing Markets
Fewer Foreclosures May Bring Bigger Deals





RESEARCH & STATISTICS

Social Media Works; Open Houses Don’t
In a sign of the growing importance of building personal connections online, 65% of REALTORS® report they use social media for their business, according to NAR’s 2015 member profile. They’re reporting less success with open houses, and there’s a gap between the amount of referrals and repeat business depending on agents’ experience level. Find out more.

How Do Foreign Buyers Pick a Home?
It’s all about proximity to their home country; the presence of relatives, friends, and associates; job and educational opportunities; and climate and location, according to NAR’s 2015 profile of international buyers. Now find out where specific foreigners are landing.

1031 Exchange Users May Surprise You
Commercial practitioners have long seen the benefit of like-kind exchanges to close more transactions. You may not have realized that residential properties are a big part of recent 1031 exchange deals, too, according to a new NAR survey. Read more.

Zero In on Existing Sales in Your Area
Dig into the details of existing-home sales data in your state and region now.

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!.





LEGAL

NAR/Move Win Patent Case on Appeal
In a long-running legal battle over patent infringement allegations, a federal appeals court has affirmed a California federal court’s decision that Move Inc.’s websites, including realtor.com, don’t infringe Real Estate Alliance Ltd.’s patents. Read more.

Get Latest TILA-RESPA Disclosure Info
Attend the Regulatory Issues Forum at the REALTORS® Conference in San Diego to get the latest details on the TILA-RESPA Integrated Disclosure rule and its effect on residential mortgage closings. It’s just one of 100 education sessions there to help you prepare your business for tomorrow. Register now.





LEGISLATIVE & REGULATORY

Members’ Stories Told at Drone Hearing
NAR submitted information to a Congressional hearing last week about how NAR members with Section 333 waivers are using unmanned aerial systems in their businesses. It also discussed their commitment to balancing the new opportunities this technology brings with protecting the privacy and safety of others, both in the air and on the ground. Get details.

Early TRID Enforcement Not Punitive
In remarks before the U.S. Senate Banking Committee, CFPB Director Richard Cordray offered encouraging words concerning his previous pledge to show great “sensitivity” to good-faith efforts to comply with the new TILA-RESPA Integrated Disclosure rules. Find out more.

Lead Paint Bill Introduced
A proposed bill with bi-partisan support would roll back the U.S. Environmental Protection Agency’s regulation of lead renovation, repair, and painting activities in commercial and residential buildings. Read more.

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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!




MORE FROM NAR





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REALTOR® University offers advanced education options to help you grow your business today and lead the future of real estate tomorrow. Earn official NAR designations and certifications, continuing education or a Master's of Real Estate degree. Visit RealtorU.com today.





MARK YOUR CALENDAR



Aug. 17-18, 2015: REALTOR® Broker Summit Seattle



Join other designated brokers to gain advice on issues that matter to you.



Aug. 18-19, 2015: REALTOR® Broker Tech Edge Summit Seattle



Immerse yourself in tech issues critical to managing your company.



Sept. 18, 2015: NAR Tech Edge Honolulu



Find out how the latest technologies can benefit your business and clients.



Nov. 13-16, 2015: REALTORS® Conference & Expo



Check out the website for the big event in San Diego.



March 11-13, 2016: National Land Conference



Prepare now to head to the landmark Adolphus Hotel in Dallas for this industry meeting.




Questions? We’re here to answer and guide you to all the information you need

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REALTOR® University offers advanced education options to help you grow your business today and lead the future of real estate tomorrow. Earn official NAR designations and certifications, continuing education or a Master's of Real Estate degree. Visit RealtorU.com today.

REALTOR.org/Store - the only place for hundreds of top industry products at great prices.

Be the First to Know and the First to Save. Follow the REALTOR Benefits® Program Facebook page.


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