Meet inspiring young professionals who are making waves in the real estate industry. REALTOR® Magazine's 30 Under 30 honorees this year are not just dreamers—they’re doers. From starting their own companies and nonprofits to closing housing gaps and building stronger communities, these remarkable individuals are breaking barriers and driving change. Read their compelling stories.
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No, MLSs will continue to have local discretion on seller concessions. This includes determining what local rules to have about seller concessions, except under the settlement an MLS must ensure that the seller concessions are not limited to or conditioned upon the retention of or payment to a cooperating broker, buyer broker, or other buyer representative. Get more facts about NAR's proposed settlement agreement at facts.realtor.
Scale up with tips from a successful startup owner Mark Carmona, founder of startup Sunday Swagger, discussed his three most prominent growth strategies on the US Chamber of Commerce's "Ready. Set. Scale" podcast. Carmona's strategies include the importance of authentic social media engagement, adaptability based on data and finding ways to boost sales during slow seasons. Carmona uses his brand's social media platforms to entertain and increase engagement and loyalty, noting that connecting with consumers in ways other than selling a product or service is crucial to growth. Full Story: CO— (US Chamber of Commerce) (6/20)
Photos: $4.95M estate holds surprises inside Aharon "Ron" Cohen of Keller Williams Park Views is the listing agent for this $4.95 million waterfront estate in New Jersey. "The price doesn't come close to what went into the house," Cohen said of the James Paragano-designed property. Full Story: Daily Voice (6/23)
Technology & Innovations
CNET rates Amazon Alexa devices for connected homes Amazon's Alexa has become a key player in smart home technology, supporting a wide range of devices from smart TVs to home security systems. CNET experts have rated the fourth-generation Amazon Echo as the best overall Alexa device due to its enhanced sound quality, smarthome functionality and spherical design. Full Story: CNET (6/23)
Business Wellness
Banks reviewing cyber controls due to AI hack threats Cyber criminals are adopting AI techniques, which is forcing banks to reassess the controls they use to fight against intrusions, cybersecurity experts say. There are also concerns that current training methods will become ineffectual, with more common controls necessary. Full Story: Risk (subscription required) (6/20)
Fair & Equitable Housing
High cost of housing hits older Americans Low-income seniors are spending a significant portion of their monthly budgets on housing, in many cases over half their income to housing costs. Addressing this issue, along with rising homelessness and inadequate affordable housing programs, requires collaboration across private, nonprofit, and governmental sectors, as current efforts are insufficient to meet the growing need for affordable housing solutions for older adults, according to LeadingAge's Linda Couch. Full Story: McKnight's Senior Living (6/23)
Legislation & Regulation
Fed finds flaws in major banks' crisis plans The Federal Reserve and Federal Deposit Insurance Corp. have identified significant issues in the "living wills" of Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase, particularly concerning their handling of derivatives. Citigroup faced the harshest critique, with its plan deemed not credible for ensuring orderly resolution under bankruptcy laws. The banks have been directed to address these deficiencies by July 2025. Full Story: Financial Times (6/21),CNBC (6/21),Reuters (6/21),Bloomberg (6/21)
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The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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