This NAR course offers a broad overview of the basics of commercial real estate and how it differs from residential real estate. This is an ideal introductory course for those who are newly licensed and/or residential agents who want to learn more about commercial real estate.
If you’re going to the 2014 REALTORS® Conference & Expo and are interested in or specialize in resort and second homes, you won’t want to miss these sessions and events.
Find out how NAR supports you with its advocacy efforts.
Learn how to create accurate BPOs and CMAs, as well as how to use AVMs to assist in pricing in this panel discussion. Nov. 8 at 1:30 p.m. at the REALTORS® Conference & Expo.
REALTORS® can now apply to be part of NAR's technology accelerator program, REach®, through the REach® Insight Panel.
A conversation between Julián Castro, Secretary of HUD, and NAR President Steve Brown inaugurated NAR's Real Insights initiative, which will focus on giving home buyers and sellers the information they need to succeed.
NAR convened a work group of member experts to study easing restrictions on foreign investment in U.S. commercial property governed by FIRPTA and make recommendations to D.C. lawmakers.
When it comes to mortgage financing on U.S. properties, domestic buyers have one distinct advantage over global ones: their credit history is easily accessible. Not so with foreign borrowers. Verifying an overseas credit standing can be the make-or-break hurdle to getting a loan and closing a transaction.
If you have worked with global buyers of U.S. properties, at some point you’ve probably been asked about financing. During and after the recession, mortgage programs were limited to non-existent. Recently, however, the tide has turned and credit to foreign buyers has loosened. In fact, some institutions view lending to foreign nationals as a growth market. Depending on your buyer’s resources, there may be several products that meet their needs and circumstances.
In recent years, cash has dominated U.S. real estate purchases by foreign nationals. According to NAR’s 2013 Profile of International Home Buying Activity, agents reported that 63 percent of their international transactions were conducted without financing.
Is that because foreign buyers prefer a cash purchase, or do they feel locked out of the U.S. mortgage market? If the latter, agents may be able to help more global buyers reach the closing table by identifying lenders ready and willing to meet their buyers’ needs.