Eminent domain and Detroit, home laser printer recommendation, and H2O menus
The City of Detroit filed for bankruptcy last week, the largest municipality in the US to do so. The causes were many, including reliance on a single industry, but some commentators also also pointed to over-reach on eminent domain use. Not everyone is counting the city out, however.
Tech guy David Pogue recently replaced his home laser printer. He bought an HP for $150 that he’s pretty pleased with. Are you in the market for a new home printer?
The Wall Street Journal reports that Apple Inc. is testing larger screens for its smartphones and tablets as it attempts to answer increasing concerns about its product lineup and competition from Samsung.
It’s the ultimate turnkey property—buying a home fully furnished and stocked with essentials. You can save time and move into your home without unpacking, choosing drapes, fixing up the bathroom or buying home accessories.
Indeed, developers are increasingly offering fully outfitted units as more buyers want them. The Ritz-Carlton Residences, Singer Island, Palm Beach, for example, has started offering turnkey packages for buyers that include towels, alarm clocks, hair dryers, Bulgari toiletries, table linens and mixing-bowl sets, among other things. Of the 15 condos that have sold during the past year, eight of those have been sold with these turnkey packages, which cost about $10,000.
Is this the latest restaurant trend? Water bars and water menus are popping up in restaurants around the world.
PowerPoint Tips from a Pro, Contingency Planning, and Branding Brilliance
Do you put together presentations for your work? And, do you use PowerPoint? Jesse Desjardins shares a blunt (read: some offensive language) and informative presentation 5 Ways to Not Suck at PowerPoint. Desjardins asserts that “an outstanding 1 hour presentation can take 30 hours or more of prep time” (see slide #47).
The thought of contingency planning may feel macabre for some, yet it is wise to dedicate some thought to future unforeseen circumstances. Time magazine provides details on accessing a deceased loved one’s online accounts.
At times marketing can feel arbitrary and lacking in evidence-based solutions. However, sometimes marketing professionals (and graphic artists) hit the nail on the head. Check out Business Insider’s article displaying 15 corporate logos and their clever “subliminal” messaging. On that note, some feel Wendy’s logo, too, exhibits subliminal messaging.
For much of the North America this week, the temperatures are rising. Be sure to keep cool, wear sunscreen, and drink lots of water! Find more tips on managing the heat from the Red Cross here. In this weather it may feel a challenge to keep on task: PayScale offers this great infographic 12 Tips on Staying Inspired.
And, if you might oblige us, check out the current NAR MVP Program offer: download a free NAR Library eBook and get the Social Media for REALTORS®: Your Website digital book for free in return.
As you may know by now, 2013 is the centennial year of the REALTORS® Code of Ethics. And this month marks the official birthday of the Code: On July 29, 1913, at the annual convention in Winnipeg, Manitoba, NAR’s board of directors got their first look at the much-anticipated Code and adopted it for use by the association’s members.
One of the first questions many REALTORS® ask when they find out about the Code’s origins is: Winnipeg? Why Winnipeg?
To get to the answer, it should first be explained that for many decades, the Winnipeg REALTORS® Association, along with several other local and provincial real estate associations in Canada, were members of the National Association of REALTORS®.
The National Association’s mission as stated in its 1908 constitution was to “unite the real estate men of America” — meaning North America, not just the United States. A proposal to change the word “National” to “International” in NAR’s name was hotly debated at the 1912 convention, but the legal and strategic implications of such a move were seen as too much for the fledgling association to take on. Instead, the constitution was revised in 1912 to say “unite the real estate men of North America,” eliminating any confusion about the status of Canadian members.
In the late 1930s the National Association expanded its territory to include the United States, “the Territory of Alaska, the Territory of Hawaii, the Philippine Islands, Canada, Mexico, and Cuba.” Winnipeg and other Canadian real estate boards left NAR in 1943 to join the newly-formed Canadian Real Estate Association, but Canada still remained part of NAR’s official territory, at least on paper. It wasn’t until 1959 — during NAR’s annual convention, held that year in Toronto — that Canada was finally removed from the territory described in NAR’s constitution.
So how did Winnipeg in particular come to host the 1913 annual conference, where the Code of Ethics was first introduced? Today, the site of NAR’s annual convention is usually decided years in advance. In the association’s early days, however, one of the highlights of each annual convention was a contest to decide which city would host the next year’s meeting. Delegates at the Board of Directors’ meeting would offer invitations from their cities, speeches would be made and much debate ensued over the merits of one city over another.
At the 1912 convention, held in Louisville, KY, three cities were in the running to host the 1913 meeting: Atlanta, Cincinnati, and Winnipeg. All three lobbied hard for the honor of hosting the next national REALTORS® convention, but in the end, Atlanta and Cincinnati didn’t stand a chance. A few months before the Louisville meeting, the R.M.S. Titanic famously collided with an iceberg during its maiden voyage and sank in the Atlantic Ocean. Among the 1,502 passengers lost were three REALTOR® members from Winnipeg: Mark Fortune, J. Hugo Ross, and Thompson Beattie. It was in their memory that the 1912 delegates chose Winnipeg to host NAR’s 6th annual convention.
The NATIONAL ASSOCIATION OF REALTORS® is proud to offer Member Value Plus (MVP), a rewards program that helps you take part in your Association, plus get rewarded for your participation. By acting on the immense value of NAR offerings, you will be rewarded with products, resources, and more to grow your business. Visit www.REALTOR.org/MVP for details.
From July 16 – July 31, 2013, simply borrow a digital library book to receive the Social Media for REALTORS® guide in digital format as part of the Member Value Plus (MVP) program. The NAR library offers 3,500+ digital books, audiobooks and videos that can be downloaded to your computer, portable device or smartphone. Topics include sales and marketing, residential and commercial real estate, technology, management and personal growth.
Using digital books is as easy as 1-2-3. Go to ebooks.realtor.org and have your NRDS number handy:
- Download the free reader software using the Software link located at the bottom of the ebooks.realtor.org home page.
- Borrow up to six titles at a time by clicking on the titles of your choice.
- Download your selections and enjoy!
To take action, go to www.REALTOR.org/MVP and click on the Act Now button.
NAR members and Association staff can borrow up to six electronic books, digital audios and/or videos at no cost, through the Virtual Library eBooks Collection.
Members can also borrow up to three books for 30 days from the Library Catalog for a nominal fee of $10. Call Information Central at 800.874.6500 for assistance.
American Architecture and Urbanism
by Vincent Scully
A classic book authored by the foremost architectural historian in America, this fully illustrated history of American architecture and city planning is based on Vincent Scully’s conviction that architecture and city planning are inseparably linked and must therefore be treated together. He defines architecture as a continuing dialogue between generations which creates an environment across time. This definitive survey extends beyond the cities themselves to the American scene as a whole, which has inspired the reasonable balanced, closed and ordered forms, and above all the probity, that he feels typifies American architecture.
Be a Direct Selling Superstar
by Mary Christensen
Direct selling is booming. It’s no surprise when you consider the benefits of launching a direct selling business—low start-up costs, strong earning potential, and a flexible work schedule. Currently an estimated 15.6 million people are involved in direct selling in the U.S. alone—and more than 100 million worldwide. Mary Christensen has empowered and equipped thousands of direct sellers to succeed, and in her newest book, Be a Direct Selling Superstar, she delivers an all-encompassing guide to building, leading, and managing a profitable direct sales organization.
Landscape Urbanism and Its Discontents
by Andres Duany
Landscape Urbanism and its Discontents is a collection of essays exploring the debate over urban reform, now polarized around the two competing paradigms of Landscape Urbanism and the New Urbanism. Landscape Urbanism is conceived as a more ecologically based approach, while New Urbanism is more concerned with the built form. Well-known and influential urban theorists such as Andrés Duany and James Howard Kunstler delve into the impact of the tension between the two perspectives.
The Homeowner’s Energy Handbook
by Paul Scheckel
Are you looking for creative ways to lower your energy costs, use renewable energy, generate more of your own power, or become less reliant on the grid? Energy expert Paul Scheckel offers practical advice for taking matters into your own hands. Understand the fundamentals of solar, wind, water, and biofuel energy production as you make your home ready for renewables. Whether you want to button up your house to be more energy-efficient, find deep energy savings, or take your home entirely off the grid, this guide has the knowledge and skills you need to reduce your use, then produce!
The Science of Marketing
by Dan Zarrella
The Science of Marketing applies a scientific approach to the way businesses and brands approach marketing. It uses a combination of marketing, statistical, and psychological research to explain why and, more importantly, how, companies should adapt marketing strategies such as blogging, social media, email marketing, and webinars to achieve maximium results.
The book contradicts what the author calls the “unicorns and rainbows” strategy that simply encourages companies to love their customers and hug their followers. Instead, the book offers more substantial, proven tactics and tips gathered through scientific research and techniques. The Science of Marketing provides the research and tools to help you make a stronger impact in the digital marketing space.
by Bill Thomas and Jeff Tobe
Thinking Fast and Slow …in 30 minutes
by The 30 Minute Expert Series
How are decisions made? When can you trust fast, intuitive judgment, and when is it biased and unreliable? Learn how to transform your thinking to help avoid overconfidence and become a better decision maker.
Thinking, Fast and Slow …in 30 Minutes is the essential guide to quickly understanding the fundamental components of decision making outlined in Daniel Kahneman’s best-selling book, Thinking, Fast and Slow.
by Gabrielle Doland and Yamini Naidu
In today’s hyper-competitive business environment, leaders who can engage and inspire their teams and organisations have a distinct advantage. Using the art of effective storytelling, leaders can defeat information overload to inspire the emotion and effort needed to adopt new strategies, attract new clients, or win new business.
Dry facts and data fade from memory over time, but an engaging story is difficult to forget. In Hooked, communication and business storytelling experts Gabrielle Dolan and Yamini Naidu use real-world examples and proven, effective techniques to teach the skill of great business storytelling. They explain what good storytelling is, why business leaders need to learn it, how to create effective stories, and how to practice for perfection.
NAR members and Association staff can borrow up to three books for 30 days from the Library for a nominal fee of $10.
Members and staff can also borrow up to six electronic books, digital audios and/or videos at no cost, through the Virtual Library eBooks Collection.
From Values to Action
By Harry M. Jansen Kraemer, Jr.
Wiley & Sons, Inc., 2011
In this anticipated book, Harry Kraemer, professor at Northwestern University’s Kellogg School of Management and former chairman and CEO of Baxter International, a multibillion-dollar health care company, argues that, as the global economy becomes even more competitive, organizations will turn to values-based leaders who, in doing the right thing, deliver outstanding and lasting results.
The Tw0-Second Advantage
By Vivek Ranadive and Kevin Maney
Crown Business, 2011
In a powerful narrative that takes us from the research in the labs to the implementation of predictive technology inside companies, Vivek Ranadivé and Kevin Maney reveal how our understanding of human mastery is being applied to the way computers “think.” In the near future, the authors argue, the most advanced computer systems and the most successful businesses will anticipate the future much like Wayne Gretzky’s brain does. As a result, companies will be able to use a new generation of technology to anticipate customer needs before customers even know what they want, and see production snafus before they occur, traffic jams before they materialize, and operational problems before they arise. Forward-thinking companies will be able to predict the future just a fraction ahead of everyone else with a little bit of the right information at the right time—what the authors call the two-second advantage—and it will transform the way businesses are run and offer companies an enormous competitive edge in the marketplace.
Investment Real Estate: Finance & Asset Management
By Fred W. Prassas
Institute of Real Estate Management, 2013
Investment Real Estate: Finance and Asset Management differs from other real estate investment and financial analysis publications by focusing on the real estate manager’s role to ensure that the real estate management company’s clients realize their investment goals for any given property. Real estate managers today are more than property overseers who must manage the day-to-day operations of their clients’ properties—they are often asset managers. This book provides insight into the real estate management company and manager’s role in the financial analysis and asset management of a property. It also provides an inside look into the details of how to budget, forecast, and analyze cash flow.
By Lee Cockerell
No one knows more about this kind of leadership than Lee Cockerell, the man who ran Walt Disney World® Resort operations for over a decade. And in Creating Magic, he shares the leadership principles that not only guided his own journey from a poor farm boy in Oklahoma to the head of operations for a multibillion dollar enterprise, but that also soon came to form the cultural bedrock of the world’s number one vacation destination. But as Lee demonstrates, great leadership isn’t about mastering impossibly complex management theories. We can all become outstanding leaders by following the ten practical, common sense strategies outlined in this remarkable book. Combining surprising business wisdom with insightful and entertaining stories from Lee’s four decades on the front lines of some of the world’s best-run companies, Creating Magic shows all of us – from small business owners to managers at every level – how to become better leaders by infusing quality, character, courage, enthusiasm, and integrity into our workplace and into our lives.
Towers, Turbines and Transmission Lines
As a reference source, this book will help quantify the negative impacts on property values of high voltage overhead transmission lines, cell phone towers, and wind turbines. It gives a modern perspective of the concerns property owners have about the siting of industrial structures used to transmit or generate various forms of energy and how these concerns impact on property values.
Towers, Turbines and Transmission Lines: impacts on property value outlines results of studies conducted in the US, the UK, Australia and New Zealand and offers guidance to valuers as well as to property/real estate appraisal students and property owners around the world. The book provides defensible tools that are becoming widely accepted to assess the effect that these environmental detriments have on property prices.
Private Real Estate Investment
By Roger J. Brown
IMOJIM, Inc., 2012
Fiduciary responsibilities and related court-imposed liabilities have forced investors to assess market conditions beyond gut level, resulting in the development of sophisticated decision-making tools. Roger Brown’s use of historical real estate data enables him to develop tools for gauging the impact of circumstances on relative risk. His application of higher level statistical modeling to various aspects of real estate makes this book an essential partner in real estate research. Offering tools to enhance decision-making for consumers and researchers in market economies of any country interested in land use and real estate investment, his book will improve real estate market efficiency. With property the world’s biggest asset class, timely data on housing prices just got easier to find and use.
Preventing Fraud in Nonprofit Organizations
By Edward J. McMillan
John Wiley & Sons, Inc., 2006
Fraud or embezzlement discovered within a major corporation ultimately leads to front-page scandals and a few raised eyebrows. But the mere suggestion or evidence of fraud within a nonprofit can cause irreversible damage to its reputation, its support base, and, eventually, its very existence. Preventing Fraud in Nonprofit Organizations is the proactive manual your organization needs to detect fraud and prevent it from affecting your organization’s bottom line and name. Brimming with details of hundreds of actual fraud and embezzlement schemes, it provides specific, practical advice on strengthening the areas in which your nonprofit may be most vulnerable.
The following Field Guides have recently been updated in the Library at Realtor.org:
On the surface, buying a farm has a very ‘get away from it all’ sort of appeal. The reality is that farming can be emotionally and financially stressful with success dependent upon many variables, including the weather, taxes, domestic and foreign competition, etc. The rewards, however, can be considerable. This field guide explores the pros and cons of owning farm property.
Real estate sale by auction is an innovative and unique method for completing real estate transactions. This process often accelerates the sale process, exposing a property to numerous buyers in a short period of time. Read below to learn the benefits and drawbacks to real estate sale by auction.
Being a New REALTOR®
New to the real estate business? This Field Guide can help you get on the road to success with tips, ideas, and helpful advice. Learn what other rookies have done to jump-start their careers, find first clients, overcome objections, and develop negotiation strategies.
Valuing the intangible? Understand the distinctions between business value, going-concern, and goodwill—and find out how these concepts apply to hotels & motels, retail establishments, and special purpose properties—in this updated field guide.
Commercial Green Buildings
With green building on the hearts and minds of many American businesses and business people, the market for green commercial real estate still finds a place, despite the current economic recession. Read on for the facts and resources for green real estate.
Compensation Plans for Real Estate Agents
Get the latest news on compensation plans. Are salaries a better idea than commissions? What’s the best way to modify your compensation plan? Find the answers to these questions and much more.
Digital Cameras & Photography
Did you know that 98% of homebuyers who searched for a home on the internet found photos to be among the most useful features of REALTOR® websites, according to the 2012 NAR Profile of Home Buyers & Sellers? Digital photography and virtual tours allow REALTORS® to serve their clients like never before. Digital images can quickly and professionally showcase a listing, and today’s technologically savvy clients appreciate the convenience of a virtual tour for both long distance and local moves. The following articles will guide you from the beginning to the advanced stages of how to choose and use one of real estate’s hottest tools.
Purchasing a home is a huge endeavor, and buyers need to be more educated than ever—before they begin the process. This field guide provides links to practical resources on most every aspect of home buying, from establishing credit to negotiating the final contract.
Hotel/motel investment is a specialized part of the commercial real estate world. But what are the tricks of the trade? Find out what you need to know about management, security, brokerage and appraisal in the Field Guide to Hotel Properties.
Mortgage Interest Deduction
Introduced along with the Income Tax in 1913, the Mortgage Interest Deduction (MID) allows homeowners who itemize their taxes to deduct mortgage interest attributable to primary residence and second-home debt totaling $1 million, and interest paid on home equity debt up to $100,000. Though the MID is a popular tax deduction for millions of U.S. homeowners, it has become a controversial topic in recent years. This field guide highlights basics, perceived pros and cons, IRS rules, and more to get you up-to-speed on this widely-debated tax deduction.
Partnerships & Teams
Creating a partnership or team is a big step. Find out the pros and cons, read about real-life examples of teams, learn how teams work together and avoid problems and much more.
Quick Real Estate Statistics
Looking for quick statistics for your sales meeting or a customer brochure? Need a quick fact to make your point? Information Central has compiled some of the most requested statistics for quick and easy access. Find the information that you need, as well as its source, at a glance.
Real Estate Transaction Standards (RETS)
Short for Real Estate Transaction Standard, RETS provides a common language so that computers can more easily transfer real estate information, such as MLS data, to other computer programs or Web sites. The NATIONAL ASSOCIATION OF REALTORS® and other industry groups launched RETS in 1999.
eBook pricing, real estate infographics, and a remarkable life rediscovered on Wikipedia
Lieutenant-General Sir Adrian Paul Ghislain Carton de Wiart served in the Boer War, First World War, and Second World War, was shot in the face, head, stomach, ankle, leg, hip and ear, survived a plane crash, tunneled out of a POW camp, and bit off his own fingers when a doctor refused to amputate them. He later said “frankly I had enjoyed the war.”
And that’s just the first paragraph! The rest of his biography is pretty amazing too…
Infographics have become a popular way of presenting an abundance of data in an easy to digest format. You see them online, in the media, and even on TV. Of course real estate information is well represented. Pinterest user and digital consultancy firm Yakadanda has collected some great real estate related infographics in one place.
Are your dogs bored and lonely at home? DirectTV is launching DOGTV next month, to keep your dog entertained while you are working. Programming includes relaxation, exposure to different sounds and stimulation. Since dogs can’t see red and green, shows are broadcast in blue and yellow.
Field Guides are one-stop resource packages on dozens of subjects of interest to REALTORS®. On each page you’ll find links to articles, books, web sites, statistics, and other material on each subject. The list of the most-used field guides from Information Central for the month of June 2013 was released today:
- Field Guide to Quick Real Estate Statistics
- Field Guide to Opening a Real Estate Brokerage
- Field Guide to Real Estate Office Policy Manuals
- Field Guide to 1031 Exchanges
- Field Guide to Listing & Selling Luxury Properties
- Field Guide to Marketing Tips for REALTORS®
- Field Guide to Preparing & Staging a House for Sale
- Field Guide to Personal Assistants
- Field Guide to Farming & Prospecting
- Field Guide to Being a New REALTOR®
Have an idea for a new field guide? Let us know!
Where to find hipsters in Portland, noodles in Chicago, and tourist traps in Paris
Yelp is a pretty popular way to review restaurants, bars, laundromats, really any retail establishment. With over 39 million ratings and reviews around the world, that’s a lot of data floating around. Now Yelp is harnessing some of that information in its new Wordmaps feature. Basically heatmaps of where specific words and phrases are most often used, you can now search multiple major metros to locate ‘romantic’, ‘hipster’, ‘cocktails’, ‘noodles’, and even ‘bacon’. Pretty cool way to see what neighborhoods have what demographic.
The New York Times gadget blog tackles apps for tablets and mobile phones to help home office users make lists, track, and get ahead.
Hertz, one of the old-line car rental companies, is moving to capture market share from neighborhood-focused Enterprise as well as car-sharing upstart, Zipcar. Hertz plans to open up to 12,000 neighborhood locations across the country in the next few years.
Lazy days ahead? Not this summer. Here’s what Inc. magazine suggests you should be doing to stay productive in the dog days of summer. Luckily some of the suggestions are ‘get away from it all’ and ‘read’. I think I can handle that!
Have a great holiday everyone!