Featured Classes and Events
Aug. 3 | Citrus Valley Caravan – Flipping 101
- Aug. 3 | CVAR Commercial Forum – Free!
- Aug. 3-29 | Free zipForm Webinars
- Aug. 7 | CRMLS Training – Free!
- Aug. 9 | New Member Orientation
- Aug. 11 | zipForm® Mobile
- Aug. 11 | zipForm® Mobile Live Stream – CVAR West
- Aug. 11 | zipForm® Mobile Live Stream – CVAR East
Cyberscams on the Rise
The FBI’s Michael Sohn warned real estate professionals at the March REvive
conference about the growing problem of cyberscams in real estate.
Can your clients stand to lose $130,000? That’s amount that cyber thieves steal in the average real estate transaction in Los Angeles County, costing Los Angeles $5 million a month, the FBI reported in July. READ MORE
Are You an Embarrassment?
A slew of embarrassing, offensive and otherwise inappropriate information has been posted lately, for which organizations have had to apologize. As organizations embrace tweets, Facebook posts and other social media tools as central elements of their communications strategies, many are not paying enough attention to making sure the information they put out sends the message they intend. READ MORE
Appraisals Keeping First-Timers Out
CNBC reports that appraisals aren’t keeping up with rising prices. Because lenders take these appraisals seriously, many first-time buyers can’t get loans on properties that don’t appraise at market price, giving the advantage to all-cash buyers and investors. Hear the report from CNBC.
Buyers Tripped Up by Supply
“Closings were down in most of the country last month because interested buyers are being tripped up by supply that remains stuck at a meager level and price growth that’s straining their budget,” says NAR Chief Economist Lawrence Yun. READ MORE
July – Cities Report
Sprouts Farmers Market is in the process of hiring more than 100 employees for a 30,000-square-foot Diamond Bar location that will occupy part of a former Kmart store. Read about this and other news from local governments in the July Cities Report, from CVAR Government Affairs Director Bill Ruh. READ MORE
Average Days – Number of days a listing took to go under contract fell to 28, down from 34 a year ago. (CNBC)
Existing Homes – Sales in the West dropped 0.8% to an annual rate of 1.21 million (still 2.5% above last year). Median price: $378,100, up 7.4% from a year ago. (NAR)
Free Infographics – Look smart and sharp on social media and in reports to clients.
C.A.R. Expo – Register now for the big real estate extravaganza in San Diego coming Oct. 10-12.
Free Webinar – George Rubio from loanDepot explains combining down-payment assistance with FHA, VA, USDA and conventional loans on Aug. 9, 10 a.m.
Free to REALTORS® – Promote your online brand with a .REALTOR web and email address.
ActiveKey User Alert!
In Case You Missed It….
Foreign Home Sales Set Record
Foreign investment in U.S. real estate has surged to a new high, with property expenditures skyrocketing 49 percent over the past year, according to NAR. Nearly half of all foreign sales were in three states: Florida, California, and Texas. READ MORE
When Clients Talk Politics
Former NAR President Ron Phipps is helping to develop a REALTOR® University course on online etiquette for real estate professionals. “Great reputations are built one brick at a time, and buildings can come down with one bad move. You can destroy your reputation with one comment.” Are negative political comments threatening your business? READ MORE
Guiding Millennial Buyers
Among Americans, millennials are the most likely generation to purchase a home in 2017, according to a National Association of REALTORS® (NAR) study of generational trends. With the oldest millennials turning 37 this year, many are looking to buy their first home, so it’s a good idea to understand the needs of these first-timers. READ MORE
5 Things Failure Can Teach
A rookie agent had three transactions fall apart in one evening. Trying to pull herself together, she asked: “What did I do wrong?” The mere thought of failure may make you want to run from this career and do something safer. But time passes and things get better. Here are a few life lessons about staying strong through rough patches in real estate: READ MORE
Tips for Hiring a Photographer
Don’t let poor listing photos or restrictive copyright terms stymie your marketing efforts. Here’s an overview of what to look for in a photographer for your real estate business. READ MORE
5 Ways to Improve Networking Skills
Stellar schmoozers can corner the referral market and build relationships that increase their business. But there is an art to networking and making lasting connections. Here are five tips for improving your skills from real estate pros at Keller Williams: READ MORE