Word Sherrill

Word Sherrill
Boerne, TX 78006
(830) 816-1010
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Latest Realty News from NAR

Is That Email Really From NAR? How to Know

Once in a while you might get an email that looks like it’s from NAR but really isn’t. Like so many other phishing scams, these emails try to look like they’re official correspondence from a trusted source so they can get one of two things from you: personal data or credit card info.

How do you know if it’s really from NAR? Here are a few ways to check.

First, look at the return email address. If it says something like, “NAR-yahoo.com,” it’s not from NAR. NAR email only comes from the realtors.org address. Second, hover your cursor over any file attachments or links or buttons. When you do that, a box will open that provides the location of the file. If it’s from NAR, the path will make that clear. If it’s not, it will consist of all sorts of baffling letters and numbers, because the sender is using obscure platforms.

It’s also helpful to know NAR never asks for donations on behalf of individuals. Any donations it seeks is through the REALTORS® Relief Foundation and these are for broad causes, like relief after a tornado, hurricane, fire, or earthquake.

Tips for identifying scams that try to exploit NAR are in the latest Voice for Real Estate news video. The video walks you through what to look for and also points to resources at nar.realtor to get more detailed guidance.

The video also looks at why the latest moves by the Federal Reserve could help home sales just as the spring weather arrives, what steps Congress can take to ease affordability woes home buyers are facing, and what competitive factors are brokerage firms facing today.

The video also looks at NAR’s new national ad campaign, which puts the focus on how the Code of Ethics differentiates real estate agents from REALTORS®.

Access the video. 

 

 

Help Clients Invest in Real Estate Tax-Free, and Boost Your Sales

The Entrust Group“Time is money” says the proverb, but in real estate, it’s a struggle to have enough time in your day to close more sales. Chances are, most of your clients have an IRA for their retirement savings, which can be used to invest in real estate. With the help of a Real Estate IRA, you can sell more investment properties using your existing database, generate more referrals and repeat business. Talk to your clients about the advantages of investing their IRA funds in real estate. Having that conversation is a great way to reconnect with clients who may not be ready to buy or sell their house, but might benefit from buying an investment property in an IRA to boost their retirement savings. They will thank you and you will reap the rewards! Real Estate IRA investors will tell others about their experience. We know … Entrust’s clients are our #1 referral source.

Stand out from the competition by educating yourself about Real Estate IRAs and become a valuable resource for your clients. Tap into the $7+ trillion retirement wealth market by showing your clients how to invest in real estate tax-free. Who else would they choose to represent them in buying property for their self-directed IRA?

Our “5 Steps to Investing in Real Estate with a Self-Directed IRA” guide will walk you through the real estate investment process. Real estate agents and clients alike can utilize these steps to invest in real estate using a self-directed IRA with The Entrust Group.


Editor’s note: This is a sponsored post from The Entrust Group, a financial services company focusing on real estate investment.

Big Military Base or Prison in Your Rural Town? You Just Got a Big Real Estate Win

Prisons and military bases are commonly located outside small, rural towns and often they’re the biggest employers and economic drivers around. But that’s been a double-edged sword—until now.

Prisons and military bases currently count toward an area’s population, putting many communities over the threshold of eligibility for federal Rural Housing Service (RHS) programs. A town with a population greater than 35,000 isn’t considered rural under RHS guidelines, even if the area meets other criteria, such as a shortage of credit opportunities that are widely available in more populous areas.

However, under a change in the big farm bill that the U.S. Congress recently passed—which the National Association of REALTORS® supports—only a portion of a prison or military base population will count against the area’s population total. That means more small towns can qualify for RHS programs.

Access to RHS programs, which provide safe and affordable mortgages for rural communities, is a lifeline for many homeowners. Importantly, financing through such programs is underwritten using criteria that recognizes the unique characteristics of rural property, such as the presence of other structures on the property or the absence of public services.

The farm bill includes a broader win for rural housing: The population threshold of 35,000 to qualify for RHS programs won’t change until 2030. It was expected to rise in 2020, along with new Census figures, but NAR and other groups asked that the change be delayed because so many communities stood to lose their rural eligibility. This positive development for rural housing is a top story in the latest Voice for Real Estate video from NAR.

The video also covers a proposed rule for determining which bodies of water should be regulated under the Clean Water Act. NAR is optimistic that the proposal provides long-sought clarity on the types of bodies of water covered, especially when it comes to small, non-navigable pools that are often seasonal. The video also looks at efforts by NAR and the FBI to reduce the incidence of wire fraud in real estate, the popularity of charitable giving and volunteering among REALTORS®, and what to expect with sales and leasing in 2019 if the stock market remains volatile.

Access and share the video. 


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P.O. Box 1209- Boerne, TX 78006
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