Drive With NAR

You and your clients feel it every day: the inventory crunch. Your clients are frustrated with too few options on the market, and you might be feeling stuck, wondering what you can do to make the situation better. You’ll find that your voice as a REALTOR® is one of the most important tools you have to create change for your clients. Drive With NAR host Marki Lemons Ryhal talks to two REALTORS® on both the residential and commercial sides of the business about the inventory issues in their communities and the action they’re taking to help fix the problem.

A lot has been happening in America’s schools lately. Battles over the appropriateness of classroom curriculum and books in school libraries have captured the national conversation. This may lead to more questions from your clients about the suitability of local schools for their children. You must remember that it’s a violation of fair housing law to give customers your opinion about school quality and steer them toward or away from certain schools. But what can you discuss with clients, and how can you add value to the conversation without crossing the line? Two REALTORS® who are taking on this issue every day join host Marki Lemons Ryhal to discuss this important topic.

Potentially the most contentious part of a real estate transaction, the appraisal can cause angst for both agents and their clients. Buyers and sellers want reassurance that the value of the home will hold up, but you, as the real estate pro, may think it’s completely out of your hands. Not so, say two appraisers who also have experience working as agents. In this episode, listen to their advice on how agents can work ethically with appraisers to ensure a fair and accurate property valuation.

You’re excluding a lot of potential customers by not serving different types of communities. Two REALTORS® explain why DEI is a business decision.

New agents may find it challenging to win over potential clients’ trust when they don’t have a track record in real estate to point to. Even experienced agents who are entering a new niche may have trouble articulating their competence in a market that’s unfamiliar to them. This is when you can amplify your status as a REALTOR®. Two pros who are in the early stages of their career explain how they used the REALTOR® brand, among other tools, to assuage prospects’ concerns about their inexperience in the business.

As you prepare for the year ahead, are you creating a business plan for 2023 that not only supports your professional growth but also your work-life balance? Two REALTORS® who lead agent development at their companies discuss how to use your annual business “roadmap” to set expectations for both your job and your life.

You may think of professionalism in terms of how you’re dressed for client appointments, whether you respond to calls and emails in a timely manner, or what you say out loud when you’re touring a home. But your interactions with clients aren’t the only consideration when thinking about your level of professionalism. What about how you work with cooperating agents or take advice from brokers and mentors? Two REALTORS® who have helped develop the Commitment to Excellence (C2EX) platform, which tests real estate pros’ knowledge of professional standards, discuss what kind of effect your dealings with your colleagues can have on your reputation.

Jen Stanbrough lost her close friend and fellow real estate agent Ashley Okland, who was shot and killed at an open house in Des Moines, Iowa, in 2011. Kitty Wallace was stalked for months, finding notes on her windshield from a man who had three years’ worth of her real estate ads in his trunk. These two REALTORS® say practitioners can’t ignore the inherent risks of their job and must adjust how they interact with clients to put safety top of mind. Listen to their stories for yourself.

Energy efficiency and sustainable home features may have seemed trendy a couple of decades ago, but now they’re becoming must-haves for today’s buyers. Two REALTORS® who have built their businesses in green real estate—Jan Green, an EcoBroker in Scottsdale, Ariz., and Christopher Matos-Rogers, founder of the sustainability-focused Matos-Rogers Group in Atlanta—share steps they took to break into the sustainability market, how green homes are changing and what other pros need to know about rising demand for these properties.  

First-time homebuyers today have more access to information than ever before. Thanks to reality television and the ubiquity of social media, first-time buyers often come to transactions knowing exactly what they want and what they don’t. But the current market—complete with rising prices,multiple-offer situations, and slim inventory—poses new challenges for this group. Two REALTORS®, Bethany Nolan and Blair Myers, share their experiences with first-time homebuyers in their respective areas, East Texas and Atlanta, what the latest generation of homebuyers wants and if the traditional “American Dream” still exists.

Issues of equality, including fair housing, are often viewed through the prism of the struggle between Blacks and whites. But that vantage point excludes many other people of different backgrounds who may continue to feel invisible. Three REALTORS® who identify with underrepresented minorities—Lorraine Arora, ABR, GRI, Berkshire Hathaway Home Services in Alexandria, Va.; Stephen Beard of Keller Williams Advisors in Oakland, Calif.; and Tim Hur, CRS, SRS, of Point Honors and Associates, REALTORS®, in Duluth, Ga.—share their experiences encountering discrimination in real estate. They offer firsthand advice on how to spot biases and avoid fair housing violations. With almost three decades in the business, Arora gives back to the real estate profession by volunteering in numerous positions. She served as the president of the Northern Virginia Association of REALTORS®’ Board of Directors in 2018. She currently serves as vice chair of NAR’s Global Business and Alliances Committee, treasurer of the Virginia Association of REALTORS®, and a member of the Dulles Association of REALTORS®’ Budget and Finance Committee as well as the Education Advisory Committee. Additionally, she is an RPAC trustee at the local and state levels.