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Veteran Nevada REALTOR® wins prestigious DSA award 

WEB-WoodcockJack Woodcock of Las Vegas was named the 91st recipient of the prestigious National Association of REALTORS® Distinguished Service Award (DSA) at the REALTORS® Legislative & Trade Expo in Washington, DC. 

NAR established the DSA in 1979 to honor REALTORS® who have made outstanding contributions to the real estate industry and who serve as leaders in their local communities. The award is considered the highest honor an NAR member can receive; recipients must be active at the local, state and national association levels.

Since 1974, Woodcock has been the REALTOR® embodiment of honor, leadership, service and commitment. He has emerged as a proven leader in the Las Vegas real estate profession. Woodcock founded one of the largest real estate firms in the state of Nevada and has dedicated most of his adult life to his profession. Woodcock will be officially presented with the DSA award during the Board of Directors Meeting at the REALTORS® Conference & Expo on Nov. 6 in Chicago. 

NAR's Director of Member Engagement preaches REALTOR® value

WEB-NobuHataBased in Chicago, Nobu Hata is NAR’s Director of Member Engagement. In a week’s span at the end of April, he was busy doing plenty of that – engaging members - and across the Western U.S. no less. Hata was in Colorado Springs for the Region XI conference, days later in San Jose for an NAR Tech Edge event and lastly at the GLVAR general membership meeting in Las Vegas. The former REALTOR® is an expert in communication trends, social media and real estate technology. Hata believes there’s never been a better time to be a REALTOR® and that clients need REALTORS® now more than ever.

“A REALTOR’S® value now is helping clients through this (digital age),” he said. “With greater transparency and connectedness come new duties for REALTORS®. We are held to a higher standard and we need to stop keeping this a secret.”

Hata was alluding to a digital environment that allows clients access to more real estate information, but can be more confusing than ever for them. In short, yes there’s more information readily available on homes and taxes and specific communities, but this can overwhelm clients and it does little to help sort out contract language or the significance of inspections, among a myriad of other issues. Read more about Hata's insights here

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Yun sheds light on housing market

YunThere is a housing shortage nationwide and in Nevada specifically. That has been well publicized in recent months. Markets across the country and in both of Nevada’s population centers – Las Vegas and Reno – continue to see shrinkage in inventory.

Lawrence Yun, the Chief Economist for the National Association of REALTORS®, spoke on the issue Thursday when he spoke at the Region XI REALTOR® Conference hosted at The Broadmoor resort in Colorado Springs, CO. Yun said the biggest contributor to the shortage is builders are not keeping up with demand and he pointed to some key reasons.

“On ‘spec homes’, builders can find a buyer in less than three months,” Yun said. “So why aren’t the builders contributing more to the marketplace? There are not enough lots ready for construction. There is a shortage of quality labor. Lending hurdles, fewer community banks are lending to home builders, and lastly, lumber prices are rising.”

Read the full story here.

NVAR survey shows more optimism in Nevada's housing market

RENO – The housing market in Nevada continues to improve and is in better shape today than it was two years ago.

So says a recent survey of nearly 600 REALTORS® from throughout the state conducted by the statewide Nevada Association of REALTORS® (NVAR).

In its most recent survey of its members, conducted via an online survey between March 22 and March 31, NVAR found that 71 percent of the 596 respondents said they believe the local housing market “got better over the past year.” That’s up from 65 percent of all Nevada REALTORS® who reported feeling that way when answering the same question about their local housing market in NVAR’s 2015 survey.

Read more here.

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