Registration Opens for 2018 Realtors Conference and Expo

 

National Association of Realtors pic

National Association of Realtors
Image: nar.org

A realtor with Sotheby’s International Realty in Los Angeles, California, Corey Nelson specializes in residential real estate sales and leasing. Alongside his daily professional activities, Corey Nelson maintains membership in industry groups, such as the National Association of Realtors.

In its efforts to promote best practices in the residential and commercial real estate industries, the National Association of Realtors (NAR) oversees continuing education and certification programs, as well as several national events throughout the year. Members can now register for the organization’s 2018 Realtors Conference and Expo, which will take place November 2-5 in Boston.

Approximately 20,000 real estate professionals and guests are expected to attend the four-day event to take part in more than 100 educational sessions on topics, such as brokerage management, sales and marketing, and business technology. Attendees will also have the opportunity to meet with over 400 exhibiting companies at the real estate industry’s largest trade show. Other highlights include networking receptions and other special events, including a concert featuring the band Fall Out Boy.

The cost to attend NAR’s Realtors Conference and Expo ranges from $450 for members to $550 for non-members. Members and non-members can also purchase a one-day access pass for $200 and $240, respectively. More information is available at www.conference.realtor.

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CAR Looks at March Home Sale Values

 

California Association of Realtors pic

California Association of Realtors
Image: car.org

Since 2004, Realtor Corey Nelson has worked with Sotheby’s International Realty in Los Angeles, California, where he is ranked among the top three percent of the firm’s sales professionals in the country. Realtor Corey Nelson maintains membership in a number of professional organizations, including the California Association of Realtors.

The California Association of Realtors (CAR) recently revealed data that shows the median home price in the state hit an eight-month high during March, ticking up to $564,830. That figure is an 8.1 percent increase over the month prior and a nearly 9 percent increase from the same period last year. The rise over the previous year represents the largest 12-month increase the California market has seen in more than two years.

According to CAR, the rise in home values reflects the movement of home sales to pricier markets in the state such as San Francisco and Santa Clara county. Even with the relatively stable prices of Southern California real estate, the spikes in these other high-demand areas has been enough to nudge the average value of homes upward.

Highly Rated Hiking Destinations in and near Los Angeles

 

Malibu Creek State Park pic

Malibu Creek State Park
Image: nps.gov

Corey Nelson has more than 13 years of experience as a Los Angeles-based realtor. When not busy providing quality service to his clients, Corey Nelson enjoys staying active through such physical pursuits as hiking. As a resident of Los Angeles, the top-performing realtor has access to a number of highly rated hiking destinations, including the following:

Runyon Canyon. This 130-acre park in the Santa Monica Mountains offers diverse trail options, making it an ideal destination for hikers of all levels. For those opting to navigate the looped path around the canyon, reaching the summit allows for breathtaking views of Los Angeles.

Malibu Creek State Park. The stream-side trails at Malibu Creek State Park wind for 15 miles on chaparral-covered slopes through sycamore and oak woodlands. Apart from taking in ample natural sights, hikers can visit the set of classic television program M*A*S*H.

Eaton Canyon. The famed waterfall attracts many hikers to this 190-acre park, which sits at the foot of the San Gabriel Mountains. Visitors to Eaton Canyon can also enjoy a number of the park’s other highlights, including botanical gardens, wildlife, and a variety of trails.

Bitcoin Enters Los Angeles Real Estate Market

Bitcoin pic

Bitcoin
Image: latimes.com

A REALTOR® at Sotheby’s International Realty in Los Angeles, Corey Nelson has 13 years of industry experience. As a REALTOR® dedicated to providing informed advice to buyers and sellers of Los Angeles area property, Corey Nelson stays apprised of developments in his industry.

In early 2017, the Los Angeles real estate market entered a new phase when a buyer paid 3,300 bitcoins to purchase a $3.225 million mansion in Manhattan Beach. Bitcoin is an open-sourced cryptocurrency that exchanges outside the banking system, moving directly from the account of one owner to the account of another.

The independence of Bitcoin appeals to many big-ticket home buyers, who express appreciation for the ease of moving the cryptocurrency without fees or significant third-party participation. Bitcoin has also found a following among non-US buyers, for whom government regulations can challenge the sending of large sums of money.

However, the unregulated nature of Bitcoin makes its value ephemeral. The 3,300 bitcoins involved in the aforementioned transaction is now worth close to $34 million, or 10 times its value a year ago.

Not all sellers are willing to accept such a changeable currency because it offers them no inherent guarantee of the value they will receive. In response to this uncertainty, sellers who choose to accept Bitcoin are taking steps to protect their interests.

One strategy is to employ an investment banker who can create a futures contract that stabilizes the value of the cryptocurrency for a period of several months. Lenders, title companies, and other organizations are still leery of Bitcoin because of its volatility and the difficulty in verifying and tracing it.

The industry is still working out ways of providing assurance to stakeholders, but the currency may be finding its place. Since the first home sale with Bitcoin, more than three dozen listings have appeared that accept Bitcoin as a form of payment.