The biggest challenge for Texas is …
09/01/2015 | Author: Editorial Staff
Monday was the first day of the 2015 Texas REALTORS® Conference in Fort Worth. Here are a few highlights from Day 1:
An inspiring opening session
The 2015 Texas REALTORS® Conference officially kicked off Monday night with keynote speaker Capt. Chesley “Sully” Sullenberger. Sullenberger explained how he and his team relied on their training to land U.S. Airways Flight 1549 in the Hudson River on Jan. 15, 2009, while keeping the passengers and crew safe. “The fact that we got so much so right so quickly is a testament to our education,” he said. He encouraged attendees to be life-long learners to prepare for any obstacle that presents itself. “We must keep on growing and learning how to innovate. In fact, my favorite definition of innovation is to change before you’re forced to.”
The state’s biggest challenge is …
Historically low inventory and increased demand made last year the second-best year ever for Texas home sales, said Jim Gaines, economist from the Real Estate Center at Texas A&M University, during the TAR Commercial Forum. Gaines said this growing interest in Texas real estate is in part due to the state’s growing population, but the state’s main concern will be accommodating these new residents. “The biggest challenge facing Texas in the next several decades is going to be our infrastructure, our growth, and how we handle that growth.”
A market of buyers you can’t ignore
During the International Forum, Cynthia Fauth, marketing and communications manager for NAR’s Commercial & Global Services, presented important findings from the 2015 Texas International Homebuyers Report. According to the report, which was released today by TAR, foreign buyers contributed more than $8 billion to the Texas economy from April 2014 to March 2015. “Foreign buyers are looking here. This is a market you can’t ignore.” Fauth encouraged Texas REALTORS® to check out realtor.com/international to see how listings appear to buyers around the world. “Everything you’re putting in the MLS is already being translated into several languages on the international page,” she said.
Recognizing an advocate for Texas real estate
During the Public Policy Forum, Chairman Scott Kesner presented the TAR Legacy Award to Texas Rep. Drew Darby. Kesner said Darby earned the award “for his tireless and continued commitment to the private-property rights of Texans.” Darby explained one of the many ways the 84th Legislature was a great session for REALTORS®: “Brokers, you saved $150 per year when my bill ended the occupations tax—a double tax you were paying.” Click here to read more about this legislative success that takes effect today.
It’s not too late to attend this year’s big event for Texas REALTORS® in Fort Worth. Visit texasrealtorsconference.com for more information.
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