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PRESIDENT'S NOTES:
October 7-13, 2018
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BAR - Re
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L Solutions. Re
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L Support. Re
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L Success.
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Largest Jump in Listings Since 2003
The number of new listings on
realtor.com®
in September shot up 8% year over year, according to a recent report from
realtor.com.
That's the biggest jump since 2013, when the country was still clawing its way out of the financial crisis.
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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.
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Learn from those who thrived in the industry for over 40 years!
This week: Raymond Gotlieb- Metropolitan Properties, INC.
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PLAN ON ATTENDING REALTORFEST
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Home Price Cuts Reach 4 Year High
According to Trulia,
In August 17.2% of U.S. listings had a price cut, up from 16.7%. The last time price cuts were this high was 2014.
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1st home buyer inventory still low but homes under $200-$299K continue to take the lead (source US Census Bureau)
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Mortgage Fraud Growing
Corelogic just released its 2018 Fraud Report. 1 in every 109 mortgage application is fraudulent.
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Monday Rewind
Friday, BAR Hosted its First Fair Housing Family Fun Night. The event featured the launch of the BAR produced documentary "Birmingham: The Untold Story". This was followed by Disney Movie "A Wrinkle In Time. Prior to the launch members and the public enjoyed great music, free popcorn, free coke and the offerings of food trucks. The BAR and GALMLS Board of Directors were there to enjoy the evening with family, friends ad nd the public.
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Wire Fraud on the Uptake
Last year the FBI's Internet Crime Complaint Center
received
more than 300,000 complaints, with reported losses of more than $1.4 billion. The real estate sector was heavily targeted with 9,645 victims, who lost more than $56.2 million. This particular crime starts with malicious software (typically an email or attachment clicked on). The hacker reviews the REALTORS email for upcoming closings, and sends a message through the REALTORS email redirecting closing funds. Protect yourself- Never open an attachment from someone you don't know.
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The BAR RSTORE is temporarily closed for inventory.
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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
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Special Thanks to Our
Executive Affiliate Partner
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Transaction Desk
Tuesday, October 16, 2018 1:00 PM to 2:00 PM- NO CE
How to Use RPR to Better Serve Your Buyers and Sellers with Data & Analytics
Thursday, October 18, 2018 9:00 AM to 12:00 PM- 3 hrs CE
Code of Ethics
Thursday, October 18, 2018 1:00 PM to 4:00 PM- 3 hrs CE
Collab Center Workshop
Friday, October 19, 2018
9:00 AM to 10:00 AM- No CE
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Thanks for your support!
Kim Mangham-Barelare
2018 BAR President
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TECH TIP OF THE WEEK!
PicMonkey is perfect for the REALTOR who posts a lot of personal content on social media. This tool (free trial- then $5.99 per month) is a great photo editor for the novice user. With PicMonkey you can erase wrinkles, enhance your eye color, remove blemishes, and whiten your teeth. Always look your best in every social media post featuring you.
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Need to Register for an Event?
Don't know how to use the member portal? Call us and we will walk you through it!
(205) 871-1911
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Does BAR have your most current contact information?
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Thank you for reading the weekly
President's Notes
! Brokers/Owners, please share this newsletter with your new agents. New agents are automatically subscribed.
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