Browse Tag: National Association of Realtors

Download: NAR Commercial Regulatory Report

I’m not sure how I missed this, but miss it I did.  NAR’s June 2014 Commercial Regulatory Report is available for free download, containing updates and summaries of  recent NAR actions in the regulatory space, including FAA, EPA, SEC, GSA and SBA.  If any property in your portfolio involves air, ground or finance (find me one that doesn’t!) you need to check out the report.

Check it out below or download a PDF from Realtor.org

June 2014 Commercial Regulatory Report_SAS

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Using RPR To Find Ideal Business Locations For Clients

If you haven’t investigated the REALTORS® Property Resource (RPR) by now, this is the perfect time to get an eyeful of this truly cutting-edge data and demographics tool from NAR. Help a business find the best place to locate using demographic, psychographic and spending data to identify areas with the most target customers for the retail business or desirable talent pool for office recruitment.  Check out this video to learn more about your REALTOR® benefit!

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All Commercial Real Estate Sectors Up: NAR Commercial Forecast

lawrence-yun
NAR Chief Economist Dr. Lawrence Yun

The NAR Commercial Forecast is out, and the news is good.  With multifamily leading the pack, all sectors of commercial real estate have seen improvement in growth, lending  and starts.  The NAR news release reads:

The outlook for all of the major commercial real estate sectors is slightly improving despite disappointing economic growth during the first quarter of 2014, according to the National Association of Realtors® quarterly commercial real estate forecast.

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REALTORS® Land Institute Celebrates 70th Anniversary

English: Englefield estate Some paddocks and g...
Land: The basics of our business.

Frederik Heller, our manager of Library and Archives here at NAR is an invaluable resource for answers about just about every historical aspect of the real estate business.  I’m happy to say Mr. Heller has contributed a fascinating article about the REALTORS® Land Institute and I’ll be posting it here at The Source in a mini-series.  Here’s the first installment of “70 Years Of The REALTORS® Land Institute — Plus 24 More” – WG

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Placemaking for REALTOR® Associations

Placemaking for REALTOR Associations

The challenge of urban planning is eternal, but its vocabulary and techniques evolve. The latest wrinkle in the field is the concept of placemaking, a friendly word encompassing the dirty details and hard work of turning around underused and uninviting features of a community. Vacant lots, dilapidated sidewalks, stretches of vacant storefronts, poorly maintained streets all serve to drive down community morale, lower property values and to repel imagination and the investment that follows it. Fixing these problems is not easy, as government and community and landowners and real estate pros all need to get on the same page.

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New Commercial Real Estate Market Survey For July 2013: Looking Good

What’s in the new NAR Commercial Real Estate Quarterly Market Survey? Charts, graphs and great news about 2013’s second quarter.

NAR Commercial’s latest quarterly collection of data from commercial REALTORS® is in, the tabulation is done, the pivot tables are set in stone and the temperature has been taken of the national CRE market.  Lots of good news this time around: here are the highlights.

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REIS Economist Escapes Office, Calls Pace Of Recovery “Glacial”, Office Indicators Flat

With the last three years’ job growth numbers resembling a sideways line more than a incline, office real estate market indicators have been held to similarly less-than-spectacular showings.  With an average job growth of 190,000/month through April ’13, office vacancies and rents can only trail and never overtake the leading indicator. On the new product side, construction and new completions are also at low levels, says REIS VP of Research & Economics Victor Calanog.  How low?   Most remarkable: REIS’s numbers showed onlu 1.7 million square feet of new office space coming online in 1Q 2013, the lowest level of new completions REIS has published on a quarterly basis since they began publishing quarterly numbers in 1999.

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May 2013 NAR Commercial Real Estate Market Survey Released

The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from REALTORS® who are commercial practitioners. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.

2013.Q1 Survey Highlights:

  • REALTOR® commercial markets recorded improved conditions for both sales and leasing.
  • Sixty-four percent of commercial REALTORS® closed a sales transaction during the quarter.
  • Sales volume rose 3.0 percent from a year ago.
  • Sales prices inched up 0.3 percent on a year-over-year basis.
  • Leasing activity advanced 5.0 percent from the previous quarter.
  • Rental rates increased 1.0 percent compared with the previous quarter.
  • Concession levels declined 5.0 percent on a quarterly basis.
  • Financing remains at the top of the current challenges list, followed by pricing gap between buyers and sellers.
  • The estimated average transaction slid from $1.2 million to $1.1 million from the prior quarter.

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REALTOR® Magazine Seeks Nominees For 14th Annual Good Neighbor Award

For the past 13 years, the fine folks at REALTOR® Magazine have been recognizing REALTORS® whose volunteer work makes  difference in their communities.  This year being no exception, the 14th Annual Good Neighbor Awards are kicking off today.

REALTOR® Magazine is seeking nominees for the 14th annual Good Neighbor Awards, which recognize REALTORS® who impact their communities through volunteer work. Five winners will be recognized at the 2013 REALTORS® Conference & Expo in San Francisco and will receive travel expenses to attend the show and a $10,000 grant for their community cause.

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Proposing A Commercial Overlay Board

Red Realtor RBecause commercial real estate practice needs its own support system, NAR Commercial Division encourages and supports existing associations to create of Commercial Overlay Boards devoted to such support. In 1992, The Board of Directors of NAR authorized the establishment of Commercial Overlay Boards of REALTORS®. A Commercial Overlay Board co-exists and shares (overlays) geographic jurisdiction with one or more  REALTOR® associations, in order to better serve members in a commercial market area.  At the same time, the territory currently assigned to existing associations remains intact as well as their right  and obligation to provide services to their members. COB jurisdictions may be local, multi-market, state-wide and inter-state.

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