News and Events
Saturday, February 9, 2019
DEADLINE FOR APPLICATIONS IS NEXT FRIDAY!
LEGISLATIVE NEWS
GSE Reform: Execs From Financing, Housing Industries Meet in Washington
In a continuation of the conversation on GSE reform, executives from the financing and housing industries met in Washington, D.C. this week, bringing to the forefront key priorities for reform, as well as furnishing guidance to policymakers. The gathering, hosted by the National Association of REALTORS® (NAR), introduced NAR’s housing finance vision, which acts as a framework for GSE reform. Fannie Mae and Freddie Mac have been under conservatorship since 2008.
INDUSTRY NEWS
What Are Estimated Taxes? A Filing Guide for New Agents
Those new to the real estate industry can easily get caught up in all the business entails: finding the right brokerage support, determining the best marketing tools, going out and finding business, etc. Once the funds start rolling in, however, there’s another aspect of their real estate career that they may not have thought of: taxes. Agents are typically categorized as independent contractors or self-employed. Because of that, there are specific tax measures they must follow.
TECH TIPS
Three Predictions For The Future of Real Estate Tech
For a long time, the real estate industry has been mostly undisturbed by technology, calmly existing in a space where antiquated systems and standard processes have run the gauntlet. These relatively outdated systems and processes make the industry prime for innovation and tech disruption. Still, it comes as a shock that an astounding $2.7 billion was invested in real estate technology in September, a month-over-month increase of 132%, according to a recent study.
GLOBAL PERSPECTIVE
What wealthy Chinese Buyers Look for in Real Estate
A forthcoming global real estate auction will be actively targeting wealthy buyers from China and Southeast Asia. Concierge Auctions together with The Wall Street Journal and Mansion Global is lining up its forthcoming auction of curated premier properties around the world and says Chinese buyers remain a key focus.
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