|
|
PRESIDENT'S NOTES:
October 21-27, 2018
|
|
BAR - Re
A
L Solutions. Re
A
L Support. Re
A
L Success.
|
|
Teams Now Account for 26% of REALTORS® & Continue to Grow
The typical team consists of 4 members with 80% of team members holding a license. If you are considering starting a team, joining a team or just learning more about current team practices, Download the Teams Report
|
The Time is Now to Apply for a BAR Committee. As a reminder,
committee members must reapply each year
and all members are encouraged to leverage their association through service.
Click Here To Apply For A 2019 Committee.
|
|
Learn from those who thrived in the industry for over 40 years!
This week: Kay Ray- ERA King
|
|
PLAN ON ATTENDING REALTORFEST
|
|
Character-Based, Zero Down, Subprime Lending?
If you haven't heard of NACA yet, you will. The
Neighborhood Assistance Corporation of America, or NACA, hosted an event in Miami, advertising no down-payment, no closing costs, no credit scores, and below market rates! What is the catch? Borrowers must participate in community outreach and advocacy. Is this the future or lending? NACA is underwritten by Bank of America.
|
Big Tax Breaks For Real Estate Investors
- The Treasury Department last Friday outlined rules for investors seeking to finance development in under-served regions in exchange for significant tax breaks.
- The opportunity zones come with several tax advantages. Capital gains placed in a certified opportunity zone fund will not be taxed through the end of 2026 or when the investment is sold, whichever comes first.
- Investors who can participate include individuals, corporations, businesses, REITs, and estates and trusts.
|
|
Monday Rewind
Our commercial members and staff
enjoying the Birmingham sunset at the annual property showcase. This year's event was hosted by The Pizitz on Second Ave N. Members got a first look at the rooftop.
|
New Luxury Inventory Coming
The Vestavia Hills planned development, Patchwork Farms, was approved for 30 additional condo units. These condos are to start at $750,000 up to 1.2 million. The Condos will be attached to the new hotel which is part of the 40 Million dollar development.
|
Still Not on Instagram?
Only 14% of real estate agents are on Instagram but 59% of millennials, who are the largest share of first-time homebuyers, use this platform daily. Instagram's newest feature, Stories, are the hottest trend.
|
The BAR RSTORE is temporarily closed for inventory.
|
|
FUN & NETWORKING
REALTORFEST is just around the corner. This active event is a great outlet to de-stress and enjoy the opportunity to network with other members and affiliates. Thursday October 25, from 4-7pm at the Avondale Brewery.
FOR BROKERS ONLY
Broker Breakfast Nov 9
Download
the NAR Expo App from Google Play or I-Tunes- Just search "NAR ANNUAL"
|
|
Tuesday, October 23, 2018 (9:00 AM to 12:00 PM)
Code of Ethics
Tuesday, October 23, 2018 (1:00 PM to 4:00 PM)
Post License Part 2
Thursday, October 25, 2018 (9:00 AM) to Friday, October 26, 2018 (6:00 PM)
|
Special Thanks to Our
Executive Affiliate Partner
|
|
Thanks for your support!
Kim Mangham-Barelare
2018 BAR President
|
TECH TIP OF THE WEEK!
Do you have notes everywhere? Post-its, on envelopes, scribbled on a napkin? Never lose a thought or a contact, again.
Livescribe is a digital pen for $99.95 that works in conjunction with its Google app. This pen can record voice over while recording your notes. The pen captures everything you write and then uploads to the cloud or your other apps.
|
|
Not Sure What Committees You Have Served On In The Past?
Don't know how to use the member portal? Call us and we will walk you through it!
(205) 871-1911
|
Does BAR have your most current contact information?
|
|
|
Thank you for reading the weekly
President's Notes
! Brokers/Owners, please share this newsletter with your new agents. New agents are automatically subscribed.
|
|
|
|
|
|
|
