Week of July 11, 2022
  • Donate to NSBAR Cares
  • Economics of Buying a Home
  • Who R We? 2022 Member Profile
Welcome returning REALTOR® member Brandi Shepard to MPR Realty, LLC and new REALTOR® member Logan Clark to Terrell Realty Group. Brooke Morris has moved to CRM Properties, Inc
North Shore Barrington Association of REALTORS® was devastated by the violent events that occurred at the Highland Park 4th of July Day Parade.
NSBAR had members, families friends and colleagues at this parade as participants and spectators.

A number of their major brokerages have offices located in the Central Business District near the scene of the shooting.
A number of their major brokerages have offices located in the Central Business District near the scene of the shooting.

As you think about community this month, consider a donation to NSBAR Cares

NSBAR Cares will match your donations between now and Friday, July 22 up to $25,000
Economics of Buying A Home
The U.S. model of local broker cooperation has long been – and is still – viewed as the best value for consumers around the world. Local broker marketplaces provide sellers equal access to the largest possible pool of potential buyers and create the greatest number of housing options for buyers in one place without hidden or extra costs. Listing brokers making offers of compensation to buyer brokers also gives first-time, low/middle-income and all homebuyers a better shot at affording a home and professional representation. The free market organically establishes commission costs within local real estate markets based on service, consumer preference and what the market can bear, among other things.
  • The typical REALTOR® is 56 years old, voted in the last election, and owns their own home.
  • Sixty-six percent of all REALTORS® are female, up slightly from 65 percent last year.
  • At 57%, lack of inventory remains the most important factor limiting potential clients from making a purchase, followed by housing affordability (16%, up from 8% last year) and difficulty finding the right property (12%, up from 11% last year).
  • In 2021, the typical agent had 12 transactions, up from 10 in 2020.
  • The median sales volume for brokerage specialists increased to $2.6 million in 2021 from $2.1 million in 2020.
  • 94% are somewhat or very certain they will remain active as a real estate professional during the next 2 years.
Affiliate & REALTOR® member event
Paddles up this September
RPAC Auctions in Wabash & Kokomo
Come join the ‘22 RPAC auctions!

There will be a complimentary meal, networking, and fantastic auction items for bidding at both evening auctions!

WHEN: Tuesday, Sep. 13 | doors open 5:30 p.m.
WHAT: RPAC Evening Auction in Wabash
WHERE: The Rustic Barn at Hopewell
COST: Free event with complimentary meal
WHEN: Thursday, Sep. 22 | doors open 5:30 p.m.
WHAT: RPAC Evening Auction in Kokomo
WHERE: The Venue at Brookstone
COST: Free event with complimentary meal
Event organized by: RPAC Fundraising Committee
Exclusive Sponsors: Bowe Digital, Security Federal Savings Bank, & Solidarity Federal Credit Union
Interested in sponsoring an upcoming event? Let us know: click here!
RACI offers customized event sponsorships that help you meet your business goals.
Login here or create your Member account login here

On Friday, July 1 monthly MLS tech fee invoices were sent via email. The fee is due Monday, July 25.

Search subject line: "July Invoice for Monthly MLS fees" if you haven't received your invoice or call the RACI Office.
Click here to learn more or connect with this RACI Affiliate member!
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