Expanding Opportunity in Real Estate, America’s Housing Market, What You Need to Know, Success Stories, and More
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July 14, 2022
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Expanding Opportunity in Real Estate
NAR Spire kicks off this month and runs through October. Learn more about NAR’s latest mentorship program—designed to match REALTORS® with professionals in underserved areas and increase diversity in the profession—here.
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The State of America’s Housing Market
NAR President Leslie Rouda Smith joined NAR’s Vice President of Demographics and Behavioral Insights, Dr. Jessica Lautz, for a webinar provided to Members of Congress and their staff on the state of America’s housing market. Watch the webinar and download the latest key data about the market here
WATCH
What You Need to Know
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Research shows we must do more to educate America’s armed service members about the options available through the VA Home Loan Guaranty Program. Nearly half of those recently surveyed were unaware that they can secure a mortgage with a $0 down payment. NAR CEO Bob Goldberg penned a column outlining how VA loans are helping vets achieve homeownership quicker than they ever imagined.
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A recent study from NAR estimated that the housing market generated about $113,000 in economic impact per home sale in 2021. Facts like these help NAR continue its push on Capitol Hill and throughout Washington, D.C. to advance policies that facilitate and encourage more home construction and development.
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NAR has earned the Green Business Bureau’s platinum certification for sustainability—highlighting NAR’s commitment to sustainability leadership among its members, associations, and industry partners. Only one in five companies that apply meet the requirements to earn the GBB’s platinum certification.
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NAR expects some 600 industry leaders and investors at its fourth annual iOi Summit this September 28 and 29. Attendees will gather in Los Angeles to get a first-hand look at the innovative solutionss fostered by REACH and SCV which will continue to transform real estate in the coming years. Register today.
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The REALTOR® Party At Work
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North Carolina REALTORS® Proclaim Fair Housing Values in State-wide Media Campaign
NC REALTORS® launched a statewide media campaign to proclaim REALTOR® support for fair housing. The program was made possible by NC REALTORS® Issues Mobilization funds and a Consumer Advocacy Outreach Grant from the REALTOR® Party.
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Delaware Association of REALTORS® Educates Consumers About the Real Costs of Closing
Delaware REALTORS® used a REALTOR® Party Consumer Advocacy Grant to educate local consumers about the detriments of the state’s Realty Transfer Tax. The tax, which is among the highest in the nation, has had a significant impact on the sale and purchase of property in Delaware.
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Columbia REALTORS® Helps Missouri Capital Modernize Revenue Streams by Adopting Internet Use Tax
Columbia, Missouri had been forgoing tens of millions in revenue due to some outdated tax laws impacting online shopping. Using a REALTOR® Party Issues Mobilization Grant, Columbia REALTORS® successfully encouraged consumers to modernize the region’s tax code.
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Tennessee REALTORS® Ensure Fair Housing Month is Recognized Every April in The Volunteer State
Tennessee REALTORS® spearheaded an effort to have its state legislature pass a resolution making April Fair Housing Month. In recent years, as demographic disparities in housing opportunity have been further exposed, NAR has helped make sure the 54-year-old Fair Housing Act remains front-and-center in the industry’s consciousness.
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REALTOR® Party Resources
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Grant Help for Addressing Community Priorities
Make plans to apply for a Smart Growth, Housing Opportunity, Fair Housing,  Placemaking or Rural Outreach grant to ensure your association is leading the way on local community development issues. Search success stories or sign-up for a 30-minute one-on-one Zoom meeting with staff experts to brainstorm ways your association can leverage a Community Outreach Grant.

Questions? Contact Christine Windle at 202-383-1135.
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Plan a Placemaking Project for Volunteer Days!
State and local associations: Apply for a Placemaking Grant to help create or improve a public space—like a dog park or community garden—in your community. Projects will serve both local residents and REALTORS® by creating attractive, publicly accessible community assets.

View the Placemaking Toolkit or Spaces to Places Blog for inspiration, or contact Catherine Mesick
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Turn Your Downtown Around with a Smart Growth Grant
Local REALTOR® associations can apply for a grant to ignite community revitalization via a Main Street® Downtown Assessment. Read how three NC communities jumpstarted efforts to capitalize on existing assets to drive sustainable residential and commercial growth.

Questions? Contact Hugh Morris at 202-383-1278.
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Rolling through your day on autopilot? Slow down.
To make sure you’re providing equal professional service to all, NAR provides training, tools, and resources to help you guard against discrimination in real estate.
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Your .realtor™ web address is waiting!
Building a successful online brand is the key to cultivating new clients and growing your business. Claim your free realtor™ domain and learn more about all the capabilities of the Free Professional Website, included with your web address! Get all details at www.get.realtor.
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REALTOR® Store Summer Sale Is Here - Get 20% Off!
Whether you’re at home, in the office, or on the beach, you can take advantage of your REALTOR® Store summer sale! Get 20% off select products now until July 22. 
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Looking for a competitive advantage? Your REALTOR<sup>®</sup> Store has everything you need—from cutting-edge courses to revenue-generating toolkits. Shop today!
NAR's Military Relocation Professional certification focuses on educating real estate professionals about working with current and former military servicemembers to find housing solutions that best suit their needs, and take full advantage of military benefits and support.
In one year alone, 800,000+ REALTORS<sup>®</sup> saved $74 million through NAR's REALTOR Benefits<sup>®</sup> Program. How will you save this year?
Send us examples of how your association put NAR’s REALTOR® Party resources to work to implement a successful advocacy or community outreach program. Email your stories to: realtorparty@nar.realtor.

See more than 300 stories documenting how REALTOR® associations around the country put REALTOR® Party Resources to work at the REALTOR® Party Success Stories page. This newsletter replaces the NAR Weekly Report for this week and the second week of every month. The REALTOR® Party News will publish next on August 11, 2022. If you missed a previous edition check out the REALTOR® Party News Archive.

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