1. In This Week’s “The EDGE”
The EDGE Information and news that gives you an edge in the real estate business
In This Week’s “The EDGE”
• FSBOs Hit Record Low for Third Straight Year
• Urge Congress Not to Let Tax Reform Become a Tax Increase for Middle Class Homeowners
• Early Voting is Underway
• Nominate the Industry’s Best
• Houston Market Movements
• Support TRLP in the Fight Against Childhood Cancer
“The Edge” is a weekly tool for managers to use to inform their agents and stay current and up-to-date with important real estate industry issues.
Brought to you by the HAR Communications Department.

2. FSBOs Hit Record Low for Third Straight Year
The EDGE Information and news that gives you an edge in the real estate business
FSBOs Hit Record Low for Third Straight Year
For the third year in a row, for-sale-by-owner (FSBO) transactions accounted for only eight percent of recent home sales, the lowest share that the National Association of REALTORS® (NAR) has recorded in its annual Profile of Home Buyers and Sellers since the report was first released in 1981.
FSBO sales hovered between 12 percent and 14 percent from 2001 to 2008.
In addition, the share of recent home sellers who sold with an agent remained at a record high of 89 percent in the last year.
According to NAR, the median FSBO sales price rose slightly from $185,000 to $190,000 last year, compared to the median price of a home sold using an agent, which stands at $250,000.
Read more about this story from Inman News HERE.
If you’re not already enjoying the FREE Inman Select subscription that comes with your HAR membership, sign up HERE today!

3. The EDGE Information and news that gives you an edge in the real estate business
Urge Congress Not to Let Tax Reform Become a Tax Increase for Middle Class Homeowners
Take action TODAY! Visit HERE for more information and to complete the Call for Action form. Completing the form ensures that Congress hears directly from you!

4. The EDGE Information and news that gives you an edge in the real estate business
Early Voting is Underway
Below is everything you need to know to make an informed decision at the polls:
Click here for a list of HAR recommended candidates
Click here for a list of county voting information
Click here for information about Statewide Prop 2
* TAR recommends voting FOR!
Click here for information about Houston Props A-E
* HAR recommends voting FOR!
Early voting continues through November 3.
Election Day is Tuesday, November 7.

5. Nominate the Industry’s Best
The EDGE Information and news that gives you an edge in the real estate business
Nominate the Industry’s Best
Please submit your nominations for 2017 REALTOR® of the Year and the 2017 recipient of the John E. Wolf Community Service Award.
Deadline for entries is Friday, November 10.
Both winners will be honored at REALTOR ® Celebration on Thursday, December 14.
You’ll find a nomination form on HAR Connect. Simply print it out, complete it and it to Rozlynn Crew with supporting information to
Or you may mail the form and supporting materials to Roz at the HAR Central office. Mailing instructions are at the bottom of the form.

6. Houston Market Movements
The EDGE Information and news that gives you an edge in the real estate business
Houston Market Movements
The level of national real estate activity should subside each week for the remainder of the year. Savvy real estate professionals are not only beginning to plan now for a successful 2018, but they continue to track the trends to see where prices, listings and other metrics are at relative to last year and all past years of available data. Finding reliable patterns in the trends is a sure way to be of greater service to buyers and sellers. Let's see where those trends are in our market.
In the Houston region, for the week ending October 22:
• New Listings increased 6.6% to 2,470
• Pending Sales increased 32.0% to 1,934
• Closed Sales decreased 0.7% to 1,429

7. The EDGE Information and news that gives you an edge in the real estate business
Support TRLP in the Fight Against Childhood Cancer
__________
October 28, 2017
No reservations required!