iOi in Los Angeles, What You Need to Know, Success Stories, and More
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| September 11, 2022 |
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| 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 $40,000 lower than agent-assisted homes |
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| The U.S. House of Representatives passed legislation late last month expanding the availability of remote online notarization, a key advocacy priority for NAR dating back to before the pandemic. Even as COVID-19 becomes less of a factor, virtual closings remain in demand. NAR research found that 12% of sales in June took place virtually. |
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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 historical 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 |
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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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| 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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