April 2024
MEMBERS FIRST
NEWSLETTER President’s Message
Keep Calm and Carry On…
James K. Lowe
2024 PRESIDENT
IN THIS ISSUE • President’s Message • Message from CEO • REALTOR® Town Hall • New VIPs • VIP Milestones • Welcome New Members • Member Benefit • Certified International Property Specialist • February Market Statistics • April Class Calendar • Vital Industry Partner Directory
Wow - what a roller-coaster ride the past couple of weeks! The major news was announcement of a settlement agreement on the NAR / SitzerBurnett lawsuit. And almost immediately the news media and social media were flooded with reactions – much of which was frankly over-inflated, or misinformed, or rubbish. And likewise followed floods of rash projections about massive change in home values, fanciful calculations on reallocation of transaction proceeds, and freaked-out forecasts for a radically diminished role of Agents. So perhaps it is now prudent for all of us to pause, to take a breath, and to examine actual facts. Happily, there is a no-nonsense and realistic evaluation of the settlement agreement available to you. Please take a few minutes to
review the information provided at facts.realtor and the excellent March 22nd article in REALTOR® Magazine. Your customers, clients, friends, and family all have questions. You are the source for them to get real and honest information. So please do take time to get the accurate facts. As for what is ahead in your business - maybe we should consider the example advice from a famous NFL Quarterback whose team appeared to be in dire straits… “R-E-L-A-X”. In survey after survey, by significant margins, Sellers and Buyers, Landlords and Tenants want you and your services. That will not likely change. And amid all the chaotic rhetoric and any coming business-practice change it is essential for you to keep in mind the amazing value and benefit you provide. Become informed. Get prepared.
Keep calm and carry on!
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