Homeownership is one of the biggest investments people make in their lifetime. The desire to own is the primary reason for purchasing a slice of the American Dream among 60 percent of first-time buyers, according to the 2011 NAR Profile of Home Buyers and Sellers.
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Fannie Mae and Freddie Mac will be issuing new guidelines to enhance and streamline the short sale process.
The Consumer Finance Protection Bureau (CFPB) issued a proposed rule covering a number of mortgage servicing topics.
The associations and other groups will host the strategic planning workshops locally to engage thought and conversation, collect data, and help NAR keep initiative costs down.
The national REALTOR® Leadership Program,* launched just a year ago, has already produced dozens of dedicated, motivated, and prepared volunteer leaders. The leadership experts chosen (and trained) to conduct the program at state and local associations and national meetings have learned a lot, too.
Terry Penza is the 2012 recipient of the William R. Magel Award for excellence in REALTOR® association management, in part for how she leads her association on a continuous adventure, keeping pace with changes in the industry.
Managing the risk of operating Web sites that allow third parties to display content requires not only sound business skills but also knowledge of the special laws that govern the application of liability to the operators of such sites.
Although the real estate industry is in a slow but steady climb in parts of the country, other areas are still struggling to recover.
Sometimes it’s great to be “where everybody knows your name,” but for some small associations, the cozy dynamic between volunteer leaders and association staff can veer into “too close for comfort” if you’re not careful.