IN THIS ISSUE
INDUSTRY NEWS AND EVENTS
- Headline News
- Commercial Index Hits Record High
- Las Vegas Has it All! Including Education Just for Commercial Members
- Plan Now to Attend the 2007 RCA CoNEx Dinner, Nov. 14
- Commercial Field Trip Gives You the Inside Scoop on Las Vegas
- Commercial Member Named Good Neighbor Award Finalist
PUBLIC POLICY UPDATES
- Hill Agenda to Include Terrorism Insurance
RESEARCH, RESOURCES, LEGAL
- New from NAR Library: Field Guide to Breaking into Commercial Sales
- Submit Your Photo and Become Part of NARs Centennial Celebration
- Save on Printing, Direct Mail, Design Services from PsPrint
AFFILIATE NEWS
- Plan to Attend CCIM & IREM Success Series 2007
- Register Now for SIOR Fall Professional Conference
INDUSTRY NEWS AND EVENTS
HEADLINE NEWS
Headline News.
COMMERCIAL INDEX HITS RECORD HIGH
NARs Commercial Leading Indicator for Brokerage Activity rose 0.5 percent in second quarter 2007 to a reading of 120.7, the highest on record. The gain comes against a downwardly revised reading of 120.1 in the first quarter. The index is 1.1 percent higher than the second quarter of 2006 when it stood at 119.7. This is the ninth consecutive improvement for the index, which is design to predict future commercial market performance. "The latest data suggests improved business opportunities for commercial real estate practitioners in the months ahead," says Lawrence Yun, NARs senior economist. Read more.
LAS VEGAS HAS IT ALLINCLUDING EDUCATION JUST FOR COMMERCIAL MEMBERS
The upcoming REALTORS® Conference & Expo on Nov. 13-16 is packed with educational offerings geared to commercial practitioners. Whether your need to know is the latest on Due Diligence and Appraisal Issues, the ins and outs of Referrals and License Portability, Demystifying Commercial Compensation, or The 4 Measurements of Real Estate Investments (a ticketed event), you'll find the expert insights you're looking for in this year's commercial education sessions. For a day-by-day lineup of events for commercial practitioners, visit
the commercial events page of the conference Web site.
PLAN NOW TO ATTEND THE 2007 RCA CONEX DINNER, NOV. 14
Network, brainstorm, and build relationships with other commercial real estate professionals at this dinner and reception hosted by the REALTORS® Commercial Alliance during the Conference & Expo in Las Vegas. Costs are $135 for members, $145 for all others. Purchase a ticket for Commercial Networking Exchange on NAR's Conference Web site once you have registered for the convention. For more info, contact: Rebecca Vesconte, 888/648-8321, or visit
the RCA Web page .
COMMERCIAL FIELD TRIP GIVES YOU THE INSIDE SCOOP ON LAS VEGAS
Las Vegas-based commercial brokers will lead the commentary as commercial attendees see and hear how the Las Vegas commercial real estate industry is flourishing despite the challenge of land constraints. Sign up now for these tours, which take place during the Conference & Expo. The fee is $51 in advance or $61 after Oct. 15.
COMMERCIAL MEMBER NAMED GOOD NEIGHBOR AWARD FINALIST
Ted Gilbert, president and principal broker of commercial brokerage Gilbert Bros. in Portland, Ore., has been named one of 10 finalists for REALTOR® Magazine's 2007 Good Neighbor Awards, which recognizes the volunteer efforts of REALTORS® who improve the quality of life in their communities. Five winners, each of whom will receive a $10,000 grant for their community cause, will be announced in the November issue of REALTOR® Magazine. For more info, visit:
this page.
PUBLIC POLICY UPDATES
HILL AGENDA TO INCLUDE TERRORISM INSURANCE
The House is scheduled to take up legislation that NAR says will help ensure the continued flow of commercial real estate deals by providing a federal terrorism insurance backstop. NAR-backed H.R. 2761 would help keep private insurers in the market by extending federal insurance involvement another 15 years. Be on the lookout for an NAR Call for Action asking you to contact lawmakers in support of the bill. For more, visit: this webpage.
RESEARCH, RESOURCES, LEGAL
NEW FROM NAR LIBRARY: FIELD GUIDE TO BREAKING INTO COMMERCIAL SALES
Whether youre a commercial practitioner looking to expand you business or a novice, youll find great tips and resources in NARs new online guide to commercial sales. In this online collection youll find links to articles from a variety of sources detailing todays trends in commercial real estate, plus success stories and eBooks and videos available through the NAR library. For more, visit: this webpage.
SUBMIT YOUR PHOTO AND BECOME PART OF NARS CENTENNIAL CELEBRATION
You are invited to become part of history by submitting a photo of yourself for a new campaign, "The Face of Real Estate for 100 Years." In recognition of NARs upcoming centennial year in 2008, NAR is creating a mosaic of REALTOR® faces arranged to represent the REALTOR® "R" membership mark. All members and association staff are encouraged to contribute their photos. To participate, submit your photo online. Guidelines and photo requirements are provided on the Web site. Photos also will be taken at the NAR booth during the 2007 REALTORS® Conference & Expo in Las Vegas. For more, visit: "The Face of Real Estate" webpage.
SAVE ON PRINTING, DIRECT MAIL, DESIGN SERVICES FROM PSPRINT
The newest REALTOR Benefits® partner, PsPrint, delivers printing, direct mail, and design services to commercial and residential real estate professionals. NAR members receive a 20 percent discount on their initial order and a 5 percent discount on all subsequent orders. For more, visit: PsPrint.
AFFILIATE NEWS
PLAN TO ATTEND CCIM & IREM SUCCESS SERIES 2007
The CCIM Institute and the Institute of Real Estate Management will host a two-day conference in San Antonio, Texas, Oct. 19-20, designed to give real estate management practitioners and commercial brokers the opportunity to network, share best practices, and learn from each other. For a speaker line up and registration information, visit: IREM.
REGISTER NOW FOR SIOR FALL PROFESSIONAL CONFERENCE
The Society of Industrial and Office REALTORS® will hold its 2007 educational and networking conference in St. Louis, Nov. 8-10. For more information on courses, special events, and exhibitors, visit: SIOR.
Report compiled by Bobbie Albrecht, balbrecht@realtors.org, 312/329-8464. QUESTIONS on this report? Visit the INS FAQ and online feedback area on REALTOR.org. Click here.
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