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The Crucial Role of Community Impact in Real Estate: Why REALTORS® Make a Difference

Louisiana REALTORS® • May 19, 2024

Making a good difference in the communities we serve is just as important as purchasing and selling properties in a fast-paced real estate market. To develop neighborhoods, promote growth, and improve the general well-being of locals, REALTORS® are essential.

 

REALTORS® have a special chance to help neighborhoods become more cohesive by matching purchasers with properties that fit their wants and lifestyles. They contribute to the development of thriving, diverse communities where people have a sense of belonging by assisting individuals and families in finding their ideal match.

 

The local economy is also impacted by real estate transactions, and REALTORS® can help by assisting small companies and fostering economic growth. Supporting local businesses by recommending stores, restaurants, and service providers can keep commercial districts vibrant and help entrepreneurs succeed.


To enhance the standard of living within a community, REALTORS® often take on the role of advocates for their clients, advocating for public amenities and services. They can also have an impact on public policy and improve essential community services by endorsing projects like improved parks and schools.

 

REALTORS® help to assist nonprofit groups, neighborhood gatherings, and projects that address local issues and advance social justice by giving their time, skills, and experience. Investments in community impact projects can boost demand in the market and property values. Actively resolving social concerns and improving neighborhoods can draw in clients, which in turn raises property values.


REALTORS® can shape neighborhood culture, promote area companies, push for public services, encourage social responsibility, and raise property values by giving community impact projects priority.

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As previewed last week, NAR is pleased to share the latest consumer guide focused on alternative listing options. This guide covers the role that MLSs play in marketing a home, office exclusive and delayed marketing exempt listing options, and the disclosure required when filing an exempt listing. For additional information and helpful resources on the new Multiple Listing Options for Sellers policy, please check out facts.realtor . As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Alternative Listing Options Navigating Multiple Offers Homeowners Associations Marketing Your Home Seller Disclosures Thank you for continuing to engage with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover deeds and titles.
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