Friday, July 14, 2023 | Community First Bank

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Hello RACI,


HIGHLIGHTS

  • Director positions for 2024-2026 terms open
  • Gain a competitive edge with NXT UP!

Real Estate Topics

Ever Evolving Real Estate Landscape

NAR, IAR, & RACI strive to be a trusted ally, guiding our members and those they serve through the ever-evolving real estate landscape.

Gain a competitive edge in the real estate industry and join this month’s NXT Up! The Tech Effect – 5 Unmet Consumer Expectations on Wednesday, July 26 from 1-2 pm EST, to get equipped with the knowledge and tools you need to thrive in today’s technology-driven market. Technology has not only transformed the real estate industry, but has led to a shift in overall consumer expectations.

Nearly One-Third of Realtors® Say Lack of Inventory Stopped Clients from Buying Homes in 2022

Housing Supply Dropped to Lowest Level Since 1999 

WASHINGTON (July 11, 2023)


"The report's findings clearly show that the lack of housing inventory is impacting Realtors®' ability to find buyers a home," said Jessica Lautz, NAR deputy chief economist and vice president of research. "Housing inventory and affordability continue to be the top obstacles that hold back potential clients in the housing market."


Key Highlights

  • NAR membership grew to 1.58 million at the end of 2022, up from 1.56 million at the end of 2021.
  • More than three-quarters of Realtors® (76%) are certain they will remain in the real estate industry for at least two more years.
  • An indication of strong housing demand and rising home prices, the typical member's sales volume increased to $3.4 million in 2022, up from $2.6 million in 2021. The typical member had 12 transactions in 2022, the same as in 2021.


READ FULL ARTICLE HERE

Download 2023 Member Profile for More!

Board of Director Positions for 2024-2026 Term Open

The application period for the Board of Directors is July 1, 2023 – August 18, 2023


RACI is seeking individuals for Director positions, starting in January 2024, who are strategic thinkers, demonstrate a strong commitment to professionalism, and possess a genuine desire to actively engage in the role.


The personal time and energy you invest in this role are crucial in contributing to the development of a stronger Board and, ultimately, a more robust real estate industry.

One position is available in each of RACI's six counties, and the nominating committee is looking forward to selecting dedicated individuals who will contribute to the growth and success of the organization.

RACI Director criteria:

  • REALTOR® for at least three (3) years 
  • Governance, interpersonal & leadership skills
  • Has served on a committee or leadership role 
  • Supportive of Association events & functions
  • Acts in a professional & ethical manner
APPLY TODAY!

Upcoming Events Calendar

Register today or save the date for these upcoming events:

Kokomo Municipal Stadium

Friday, July 21

REALTOR® Night at the Jackrabbits with Special performance by Keyton Romero at the pavilion


Affiliate & REALTOR® member Family event

RACI Backlot - Kokomo

Aug 17

Indiana REALTORS® Blood Drive 

Register today! Slots open from 2-6:20 pm


Community event held in Kokomo at the RACI Backlot

Kokomo

Saturday, August 5

Indiana Pit

REALTOR® Safety Self-Defense Class

Instructor: Terry Gruel


Affiliate & REALTOR® member event

North Manchester

Saturday, August 5

Journey Brazilian Jiu-Jitsu

REALTOR® Safety Self-Defense Class

Instructor: Chris Hubertt


Affiliate & REALTOR® member event

Wabash TBD

Thursday, September 14

RACI RPAC Auction 

FREE Affiliate & REALTOR® only event: lots of bidding excitement, drinks + complimentary meal!


Affiliate & REALTOR® member event

Kokomo Country Club

Wednesday, September 20

RACI RPAC Auction 

FREE Affiliate & REALTOR® only event: lots of bidding excitement, drinks + complimentary meal!


Affiliate & REALTOR® member event

IVY Tech Kokomo - Hingst Hall

Oct 11

RACI Annual Meeting + Workshop 

Affiliate & REALTOR® only event with Valerie Garcia [lunch, REALTOR® branded gift, and bonus workshop available]


Affiliate & REALTOR® member event

Interested in supporting RACI members? Let us know: click here!

2023 Affiliate Portfolio & Sponsor Opportunities out Now!

RACI offers customized event sponsorships that help you meet your business goals.

Login here or create your Member account login here


MONTHLY MLS TECHNOLOGY FEE DUE JULY 25

MLS technology fee was invoiced on Saturday, July 1, due Tuesday, July 25.

REALTORS® Association of Central Indiana Partners - investing in RACI Members!

Click here to learn more or connect with this RACI Affiliate member!

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