WRAR Broker Briefing Weekly Email Newsletter

MONDAY, MAY 12, 2014

 TOP NEWS 

Click the above link to view these and all of the latest local residential market statistics based upon data pulled from your MLS on May 10.

Categories/
Indicators

% Changes

Jan-Apr 2013 to Jan-Apr 2014
 Apr 2013 to
  Apr 2014

Mar 2014 to Apr 2014

 Total Units Sold

-2.80%

-5.61%

+5.45% 

 Avg. Sales Price

+2.43% 

+3.37% 

+4.10% 

 Median Sales Price

+6.16% 

+11.03% 

+7.09% 

 Total Dollars

-0.44% 

-2.43%
+9.77%

 Days on Market

-3.70%

-1.47%

+2.29%

 New Listings

-3.02%

+11.66%

+12.26%

 

 LOCAL & STATE

Have What It Takes to Become a Leader for Your Association?
Click the links below to apply for the respective positions on the 2015 WRAR Board of Directors. All REALTORŪ members are encouraged to apply by May 21, 2014 at 12PM Noon. Questions? Contact Jerry Panz.
Apply as a Leader for Your Association at the State and National Level
WRAR encourages its members to undertake leadership roles with NAR and NCAR. If you wish to be considered as an NAR and NCAR Director, please click the links above to apply online. If you have or are planning to apply for any position with NAR or NCAR, please make sure to notify Jerry Panz. Reimbursement for expenses may be available to you if you notify Jerry.

Accordingly, WRAR will attempt to reimburse reasonable travel and lodging expenses for those who notify the executive staff of their leadership role and plan the travel in advance. These notifications must be in writing and, the failure to do so, will serve as a bar to reimbursement. It is expressly understood that any and all reimbursement for travel is voluntary, not guaranteed, and is in the sole discretion of the Board of Directors of WRAR. Reimbursement is done as an accommodation and is subject to budgetary constraints; it may or may not be granted on a case by case basis.

NCAR Brokers-In-Charge Survey: Local Privilege License Taxes

 GOV AFFAIRS

WRAR Leaders Fly to DC
Association leadership and staff fly to Washington, DC today for My REALTORŪ Party Meetings, formerly known as Mid-Year Meetings. It is one of the ways REALTORSŪ flex political muscle to insure federal policy makers pay attention to the importance of real estate ownership in America. Click link above to read more.

WRAR Slate Fares Well in Primary
"If this was a horse race, we did extremely well," said Jody Wainio, WRAR President. "The only primary contested race we weighted in on in Senate District 9, our candidate Michael Lee won handily capturing 81.2% of the vote. Click link above to read more.

TOP ISSUES
The following issues are top priority for your Gov Affairs Department. Please click the links below to find out the latest on each topic:

 UPCOMING EVENTS 

Young Professionals Network of WRAR YPN Summer Mixer!
Join the WRAR Young Professionals Network for networking, drinks, and complimentary hors d' oeuvres.
    
Wednesday, May 14 - 5:30PM to 7:30PM
Liberty Tavern, 7976 Market Street, Wilmington, NC 28411
Two (2) drink tickets per attendee
Realtors Property Resource GET INTRODUCED TO THE POWER OF
Realtors Property Resource
RPR is a database of over 166 million property records built from public record and assessment information. Then, MLS data is added, vital information to create the exclusive RVM - the most reliable valuation model available.

Spend some time with us and discover how RPRŪ can easily help you impress your customers with the information they want and the valuable information they need, all included in your REALTORŪ dues.

Tuesday, May 27 - WRAR Office, Free for Members
Click on the Sessions Below to Register! NOTE: Office Staff is also encouraged to attend these sessions with you, so please register them as guests when signing up.

Lunch and Learn: Successfully Selling HUD Homes
Looking for ways to increase your real estate sales and maximize your income potential? If the answer is "YES", here is an educational opportunity that you won't want to miss!
    
Wednesday, May 28 - 11:00AM to 12:30PM
WRAR 3rd Floor Ballroom, FREE for Members, Boxed lunch included

Hosted by WRAR Professional Development Committee
Sponsored by Wendy McCoy, Wells Fargo Home Mortgage

 NATIONAL  

30-Year Mortgage Rate Reaches New Low for the Year

Spring Fling? Faster Sales, More Buyer Traffic

More Metros Return to 'Normal' Housing Activity

Realtor.comŪ: New Strategy Will Give Us the Edge

Luxury Home Sales Soar Above Historical Average

Fannie: More Americans Say Buy, Sell Now

Young Renters Say They Want to Own, But...

Commercial Market Sees Rising Incomes, Transactions

Submit Your 2014 NAR Good Neighbor Award Nominations by Friday!
Are you or someone you know doing great work serving the community? NAR wants to hear about it! The Good Neighbor Award recognize REALTORSŪ for extraordinary accomplishments in community service. Click the link above to learn more and submit your entry by May 16, 2014 at 6:00PM EDT. Please also make sure to send a copy/notice of your entry to Lois Petelinkar.

 VIDEO: Syndication Webinar from March 12, 2014  

Missed the recent webinars called WRAR - Helping Agents to Reclaim Their Listing Data? Click the image below to watch the recorded version of this webinar to gain a better understanding about listing syndication and why your Association elected to discontinue publishing listings to third party sites on behalf of their brokers beginning on May 9, 2014.

Webinar Recording from March 12, 2014: WRAR - Helping Brokers Reclaim their Listing Data
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EDUCATION COURSES

COMMITTEES & COUNCILS

BROKER LUNCHEONS

THOUGHTS & PRAYERS

CALENDAR

WRAR STAFF

 BIZ & TECH TIPS

BEST PRACTICES 
Selling Brokers: Communication is Key - Provide feedback to the listing broker by responding to their faxes, emails or calls.
Read More Best Practices

 

SAFETY

Take someone with you to open houses, listing appointments, and showings.

 

MLS DEFINITIONS
Did You Know...
That a LIBRARY ROOM is a room that contains built-in book shelving?

The LIBRARY ROOM describes a room that the current owner uses for display of books and that contains built-in book shelving.

To review all definitions: Login into WRAR.com, then go to Departments >
Technology & MLS >
MLS Definitions (Click Here if already logged in.) 

  

TECHNOLOGY
Need help managing your listings? The "Work As Agent", feature in Rapattoni will allow you to assign a staff member or another agent to help manage your profile and listings. This option will not jeopardize your password, and any changes performed by the other agents will be recorded. Follow the link here for a detailed explanation and instructions on how to set the feature up.

RPR 
On Tuesday, May 13th RPR will be holding an advanced webinar on Mastering RPR Search Techniques. The hour long webinar will start at 12pm EST and last for an hour. Follow the link here to reserve your spot.

SUPRA

Ensure your iBoxes are working properly before applying them to new properties! WRAR strongly encourages members to test releasing the key contain on each iBox three (3) times prior to leaving their office to apply them to new properties. Why? Two reasons... 1) To ensure the iBox works properly, and 2) to provide a starting point as to when showings actually occurred at the new property.

Do you have a passion for local politics? Enjoy developing relationships with people? WE NEED YOU! Click the link above to learn more and submit your questionnaire.


Allied Member Referral Program: Earn $25!
Click link above for full details.

 WRAR PARTNERS  

Do you have a client visiting Wilmington that needs a place to stay while searching for their new home, second home or investment property?

Hilton Garden Inn & Courtyard by Marriott

10% off Prevailing Retail Rate at either hotel when you mention Wilmington Regional Association of REALTORSŪ (WRAR)!
Click the link above to learn more.

 NAR MVP OFFER  

NAR's MVP Member Offer
May 1-15             
 
YOUR REWARD: Social Media for REALTORSŪ: Digital Marketing-Download
PLUS
A Chance to Win $500 VISA Gift Card

REWARD VALUE:
eProduct $11.95, Gift Card Value $500

3 Months Free on DocuSign for REALTORSŪ PLUS for new customers on an annual plan - Promo code: FREE3
Try Constant Contact FREE for 60 days!

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