Consumer spending impact on retail, changes to lending and tax reform, how to assemble great teams, and new NAR resources for members.
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In This Issue
The Latest: RPR® Access, Registration for REALTORS® Legislative Conference & Trade Expo, 2019 Committees, and NAR’s Booth at ICSC RECon.
NAR’s 2018 priorities focus on issues uniting all REALTORS®, enabling our association and our industry to move faster. We cannot be content to simply tread water. We must "Own It" together. Let’s plunge full-throttle into this year, striving to maximize our momentum and ensure REALTORS® will own our competition, own our profession, and own our future.
Finalized in December 2017 and effective January 1, 2018, the U.S. Small Business Administration (SBA) has updated its standard operating procedure (SOP) relating to equity requirements for its 7(a) loan program, lowering them from 25% to 10%.
NAR Commercial Members & RPAC
Commercial practitioners invest heavily in RPAC, with a 40% participation mark among its membership.
Learn more about the RPR® Commercial benefit.
The economy continued to grow at a solid annual rate of 3.0 percent in the third quarter of 2017, sustaining the growth pace from the second quarter (3.1 percent). Private consumption and investment spending continued to be the engines of growth, as the employment landscape remained bright.
Based on a study of various markets and commercial practitioner workflows, we discovered commercial practitioners spend anywhere from $2,000 to $20,000 annually on data to support business intelligence. Commercial practitioners in search of smarter, more dollar wise ways of conducting business turn to Realtors Property Resource® (RPR®).
Three recommendations by the Presidential Advisory Group (PAG) on the Future of Commercial Real Estate Data have been carried out as of early February.
A Look Inside the Goldie Initiative.
Mass casualty events such as active shooter situations, vehicle accidents, and explosions often leave us wondering if we are safe in our day-to-day activities. It is vital for property managers to be prepared for these events.
Too many of the nation’s malls have been flailing for years, but there now appears to be consensus in the development sphere that the best way forward is to transform many of them into major mixed-use and walkable communities that will serve as a base camp for residents, businesses, and visitors.
How can you create a results-oriented culture of teamwork at your firm? The answer is simple: strong leaders are committed to consistently working to cultivate an environment that attracts and rewards talented team players.
What does the commercial real estate professional really need to know about cryptocurrency? Are there relationships between, on the one hand, 2017’s mania of speculators lining up to trade billions of dollars for Bitcoin or other cryptocurrencies, and on the other hand, the existing commercial real estate market ecosystem?