WRAR Broker Briefing Weekly Email Newsletter

MONDAY, SEPTEMBER 14, 2015

 TOP TOPICS

Lawrence Yun, NAR Chief Economist Register Now for...
Tuesday, October 6, 2015
8:00am to 10:30am at WRAR

Starting today, all WRAR Members may now register to attend the RCASENC's annual Commercial Day event, which features the Chief Economist from the National Association of REALTORS® Lawrence Yun. Lawrence will deliver his local economic report for the Wilmington-metro area in relation to the commercial real estate and housing markets. He will also offer an economic forecast of what's to come.

On September 21 at 12 Noon EDT, registration for this event will be opened up to the public, so please register soon to guarantee your seat! It is FREE and includes breakfast from Bon Appetit Catering. Please read all event and parking details on the page linked above prior to registering. $15 No-Show policy will apply for all members.

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

Categories/
Indicators
% Changes
Jan-Aug '14
to Jan-Aug '15
Aug '14
to Aug '15
July '15
to Aug '15
 Total Units Sold
+14.48%
+8.13%
-10.32%
 Avg. Sales Price
+3.77%
+1.94%
+1.75%
 Med. Sales Price
+4.08%
+3.23%
-0.50%
 Total Dollars
+18.34%
+10.24%
-8.74%
 Days on Market
-9.66%
-11.02%
+6.06%
 New Listings
+5.91%
-1.19%
-9.86%

 LOCAL & STATE

Dayma Edwards, CMP, Director of Meetings & Evens
SHE'S BACK!
Dayma Edwards Returns as Director of Meetings and Events
Effective last Wednesday, September 9, 2015, Dayma Edwards has returned to The Terraces on Sir Tyler and WRAR as the Director of Meetings and Events. She may be reach at (910) 202-1586 or dayma@wrar.com.

N.C. Homeowners AllianceHelp Educate Homeowners at the Wilmington Fall Home Show Sept. 18-20
The N.C. Homeowners Alliance represents the interests of property owners in the General Assembly and raises awareness of issues and legislation that affect consumers' most important investment: their home.

On September 18-20, the Alliance needs your help to educate local homeowners and show attendees about the important role that the Alliance plays in our communities. They need REALTORS® like you to communicate and interact with people during the Wilmington Fall Home Show at the Convention Center. If interested, please Click Here or contact Paul Mott at pmott@ncrealtors.org or 336-686-1178.

REAL Trends Newsletter: September 2015
Check out this month's trusted newsletter featuring "Upstream: What, Me Worry?" by Steve Murray, which offers his first person perspective on whether the explosion of new brokerage offerings will be the ones that take down the business. PLUS, many more articles! Click the link above to download this issue and others now [login required].

This Wednesday!
NCAR members are invited to a special webinar on Wednesday, September 16 featuring a panel of experts discussing the best workflow for timely closing under the new TRID requirements. Hear about the process from the perspectives of a REALTOR®, loan officer and title insurance attorney. Click the link above for details & to register!

 GOVERNMENTAL & COMMUNITY AFFAIRS

Bayshore and Chesnut Hills Have Been SNAP©-ped
On Saturday, September 12, 2015, homeowners engaged in REALTOR®-led service projects in both the Bayshore and Chesnut Heights communities of Wilmington as a part of the Strong Neighbors Action Program. In Bayshore, the group cleaned up the neighborhood boat ramp area and spread out new gravel, while the folks in Chestnut Heights began painting the rails over the bridges near Burnt Mill Creek. Stay tuned for updates on these projects and others to come! 
Bayshore and Chesnut Hills Have Been SNAP-ped
Tuesday, October 13, 4:30pm to 6:30pm
Join us for this Election Candidate Mix & Mingle event. This was the largest political event of the 2014 election cycle. Plus, FREE DNNER! More details coming soon, but you may register now via the link above.

 NATIONAL  

Polychron to Congress: We Need Drones
Testifying on Capitol Hill this week, NAR President Chris Polychron said commercial drone use will open doors for real estate and other industries.

Best Day of the Year to Buy a Home
Good news: It's coming up in the next few weeks. Here's why you should tell your buyers to act fast.

New-Home Construction Is Trailing Job Growth
New NAR research shows that even as the labor market has strengthened, homebuilding failed to keep up and it's now leading to eroding affordability throughout the U.S.

Owners Overvalue Homes By Larger Margin
For the seventh consecutive month, the gap has widened between home owners' opinions of their home's worth compared with appraisers' opinions.

Selling Concerns Grow Among Home Owners
Expectations over rising mortgage rates and concerns over the direction of the economy seem to be weighing on consumers' assessment of the housing market, finds a new survey.

Why the New-Home Market Is Still Lagging
Although the housing market is rebounding, some analysts say it isn't contributing to overall economic growth, with new construction of single-family housing hovering near levels seen during the recession of the early 1990s.

 NAR BENEFITS PROGRAM   

The following two new offerings are an expansion of the REALTORS® Insurance Marketplace platform. Click the link above for full details!
  • Members Telehealth - a telemedicine service plan.
  • Accident Deductible Protection - a supplementary health plan to major medical.

EDUCATION COURSES

GET INVOLVED

BROKER LUNCHEONS

THOUGHTS & PRAYERS

WRAR STAFF

EVENTS CALENDAR

Click on each upcoming event below for details...
September 16

September 23

September 30

October 23
Tickets Now On Sale!
Halloween
Masquerade Ball
Benefiting REALTORS® Helping REALTORS® Fund

 BUSINESS & TECH TIPS

NAR´s President     Video may be the key to your future success in online marketing. But it's not about fancy software or graphic wizardry. Instead, it's all about building a following. Jillian Richardson of Contently talked with YouTube stars and came up with a comprehensive list of ways they're rocking their customers' worlds. Here are six you can use yourself.

SAFETY 
SafeTrek App: Exclusive New Benefit for Members
Your peace of mind for less than 7 cents per day... Be proactive about your safety!
SafeTrek Safety App  
 
MLS 
REALTOR® Store: 2016 Magnetic Business Card Calendar

 NAR MVP OFFER:

 SEPTEMBER 16-30, 2015

NAR's MVP Member Offer YOUR ACTION: 
YOUR REWARD:
Your choice of free software products and discounts from one or more of the REach® 2015 companies   

REWARD VALUE:
$2,000

 CONNECT WITH US  

 ON SOCIAL MEDIA!   

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