Professional Development Archive

TRID: Setback in May

After steady improvements this spring, the average time-to-close, the time from contract to settlement, edged upward in May of 2016 relative to the same time a year earlier.  On average, sales took 3.6 days longer to close compared to...

An Influx of Young Members to the REALTOR® Family

The 2016 Member Profile shows some interesting changes in the demographics of National Association of REALTORS® (NAR) members. There are several major trends that have emerged from the data; the foremost is that there were many younger, new members...

Economic Impact of 1031 Exchanges: A REALTOR® University Speaker Series Presentation

What is a 1031 exchange, who benefits from these transactions, and what is the economic impact of these exchanges? In a presentation in the REALTOR® University Speaker Series held recently, Dr. David Ling discussed the features of  like-kind exchanges,...

State Job Growth Comparisons – April 2016

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Experienced REALTORS® Passing on the Torch

Several major trends emerged in the 2016 Member Profile. One notable change in the demographics of NAR members is that a cadre of experienced REALTORS® may be retiring or looking to retire in the next two years. In the...