Inside this issue
  Region XI Conference registration available  
 

REALTOR® members from cross the West can join Region XI VP Dave Tina for the NAR Region XI Leadership Conference. The annual event will feature TECH EDGE from NAR, a region-wide legal panel, and panels from regional and national NAR leadership as well as much more.

The TECH EDGE event provides REALTORS® with the latest business technology skills and trends in the real estate industry. Sessions will be presented by a mix of NAR speakers, national voices and local real estate technology experts. Click here to learn more about the conference, specifically hotel information, registration fees and registration deadlines.

 

Top

  Increasing emotional intelligence is good for business  
 

REALTOR magazine article highlights three strategies for building EQ, leading to stronger decision-making skills

In today's real estate world, brokerage owners are getting hit from all sides by the competition. They have to make dozens, if not hundreds, of decisions on a daily or weekly basis just to stay ahead. A lot of those decisions are often driven by a gut feeling or emotion. But emotions can run high and low, and basing business decisions on them can often negatively impact your company's bottom line. So, how do you take the emotion rollercoaster out of decision-making? Start by increasing your emotional intelligence.

Emotionally intelligent people see things more clearly; they have a quiet confidence that helps them handle the challenges of life. It involves high interpersonal skills and the ability to interpret emotions-your own and other people's feelings. People with high EQ don't let emotions take over rational thought; thus, they have fewer highs and lows. Click here to read the full story.

 

Top

  Realtor.com: How to take a home office tax deduction  
 

Of all the tax breaks available, the home office tax deduction is among the murkiest and most misunderstood. And the passage of the 2018 Tax Cuts and Jobs Act has made things even more complicated. So if you work at home, what should you do? Allow us to explain exactly who can take the home office tax deduction these days-and who can't-as well as how to do it right. Here's what you need to know before filing this year.

Who can claim the home office tax deduction? We've got some good news and bad news. The bad news? In years past, if you worked for a company (and received a W-2) but worked from home occasionally or full-time, you could claim a home office tax deduction. But not anymore. Keep reading by clicking here.

 

Top

  Census Bureau, NAR announce partnership in promotion of 2020 Census  
 

The United States Census Bureau has designated the National Association of Realtors® as a National Partner for the upcoming 2020 Census. With the Bureau seeking to enlist the support of various national organizations, NAR is asking the 1.4 million Realtors® nationwide to help drive Census participation in their respective communities.

In addition to determining appropriate Congressional representation, roughly $1.5 trillion is allocated to states and localities annually based off of Census results - delivering funds for roads, hospitals, schools and countless other public services. More specifically, this year's results will influence the allocation of $93.5 billion to Federal Direct Student Loans, $19.3 billion to Section 8 Housing Choice Vouchers and $12 billion to the National School Lunch Program. Click here to read more.

 

Top

  Study: Many homeowners have no clue about their mortgage rate  
 

Data from Bankrate shows nearly a third of young homeowners follow this trend, may be missing out on savings opportunities

More than one in four U.S. homeowners-or 27%-don't know the interest rate on their current home, according to a new study published by Bankrate. That lack of knowledge may be prompting homeowners to miss out on refinancing their mortgage into a lower rate and saving on monthly costs. Mortgage rates have recently been hovering at three-year lows.

Younger homeowners are the most likely to be unaware of their mortgage rate. About 34% of homeowners between the ages of 29 to 39 say they're unsure what their mortgage rate is. On the other hand, for comparison, 23% of homeowners between the ages of 56 and 74 don't know their mortgage rate. Click here to continue reading.

 

Top