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Commercial Association of REALTORS® - CARNM New Mexico

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Archives for July 2018

NAR Applauds Senate Passage of Flood Insurance Extension

July 31, 2018 by CARNM

NAR President Elizabeth Mendenhall released the following statement after today’s U.S. Senate vote on legislation extending flood insurance funding. The bill, which cleared the House last week, is expected to be signed into law by the President before tonight’s midnight deadline.
“We applaud lawmakers for taking this needed action to prevent disruptions to closings in thousands of communities across the country. Although the National Flood Insurance Program will be extended through November 30 when signed into law, the NFIP is in desperate need of reforms that will make it solvent and sustainable in the long term. The National Association of Realtors will continue fighting for these reforms as the next NFIP reauthorization discussions loom later this year.”
REALTORS® have been urging extension of the program for months. Almost 125,000 REALTORS®, or roughly 15 percent of the membership of NAR, sent letters to their senators/members of Congress in support of the extension.
For further information on NAR’s efforts to extend and reform the National Flood Insurance Program, please visit this link, or contact Wes Shaw at 202-383-1193 or wshaw@realtors.org
By: NAR Newsline
Click here to view source article.

Filed Under: All News

2018 Intersections: Commercial RE Event of the Year!

July 30, 2018 by CARNM

PLEASE JOIN US FOR THE COMMERCIAL REAL ESTATE EVENT OF THE YEAR!

One Place – One Day! Connecting Inspiration, Ingenuity & Commercial Real Estate. Where real estate gets real. Make friends and expand your connections, all while earning 6 CE credits from NMREC.
Register Online | Print Flyer
Location: Event Center at Sandia Golf Club | 30 Rainbow Road NE
THURSDAY, OCTOBER 25, 2018
Full Day Session: 8:15 a.m. – 4:45 p.m.
Keynote Luncheon: 11:45 a.m. – 1:45 p.m.
Cocktail Reception: 4:45 p.m. – 6:45 p.m.
Sandia Resort & Casino / The Event Center at Sandia Golf Club
30 Rainbow Road NE
Register early as seats are limited!
Five national speakers:
4 CE Education Credits and 2 CE Training Credits

Glenn R. Mueller, Ph.D | 2 CE Education Credits | Read Bio
Debra Fine | 1 CE Training Credit | Read Bio
Jay Olshonsky, FRICS, SIOR | 1 CE Education Credit | Read Bio
Julie Benezet | 1 CE Training Credit | Read Bio
Amy Korté | 1 CE Education Credit | Read Bio
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Filed Under: All News

Top 5 Data Needs for Researching Commercial Properties

July 22, 2018 by CARNM

Here are the top five areas in RPR Commercial used by Commercial Practitioners to help bring clients to the closing table.

1. Property Details

RPR Commercial makes it easy to assess every property’s potential by aggregating public records with data from preferred partners such as CIEs/CMLSs, MLSs and national brokerages for on-market commercial listings. Currently there are more than 372 thousand on-market listings, over 35 million off-market properties, and with the integration of SMR Research, an additional 7 million tenants occupying space available for your research exploration.

2. Property Cash Flows

Valuate®, a property valuation and investment analysis platform, allows practitioners to perform real time, interactive financial analyses in a collaborative work environment—one that leads to more insightful, impactful and efficient conversations with prospects and clients.
Expedite property valuation and investment analyses, avoid mistakes and omissions, compare scenarios in real time, and market deals elegantly and persuasively with Valuate.

3. Economic Conditions

Be ready to talk about local economic conditions, such as employment, cost of living, top industries, and business revenue, and compare multiple areas in your community. Pull up a thematic map within RPR to get a quick look at market conditions such as average household income or discover business points of interest (POI) in the area to note the type of industry, number of employees and estimated annual sales volume. To better interpret consumer interest, review the traffic counts both historical and current patterns to gauge market activity and business potential.

4. Demographic Data

RPR demographic data –– such as populations density, disposable income and education –– provide everything a practitioner needs to know about a client’s potential customers, employees or renters. Rely on RPR Commercial’s unique attribute study and Esri’s 1 billion data points to ensure your clients have the most specific insights when making their business decisions.

5. Tapestry Segmentation

RPR’s Commercial Trade Area report goes beyond the numbers. Economic/demographic sources provide you with preferences as well as detailed descriptions of the people that live around the property. This information is difficult and expensive to obtain, but as a REALTOR® benefit you have Esri, the number one provider of this type of information.
By: RPR
Click here to view source article.

Filed Under: All News

'Recharge Rooms' Are the Next Trend Your Employees Need in the Office

July 22, 2018 by CARNM

The dramatic shift in office design in the last decade has seen many iterations–open offices, biophilic design, water features, dedicated task areas, and more.

The purpose of all of it is to improve the working lives of employees who spend more than half their waking hours at the office.
Let’s face it: The work-life balance is a myth for most Americans. That’s where office design comes in. Smartly designed offices help with health and well-being of employees, employee retention, lower absenteeism, boosted productivity, job satisfaction, and improved creativity. Beautiful breakout spaces are designed with this in mind, and they aren’t entirely there for functionality. State-of-the-art kitchens help workers feel at home and well fed, cafés resembling restaurants more than offices feel like entertainment rather than a working lunch, and homey alcoves where workers are encouraged to get comfortable and be sociable with their colleagues promote workplace friendships, which are shown to improve employee retention and satisfaction.
Much of the reason offices cater to the comfort of employees lies in a mountain of data showing tired, mentally drained, and unhappy staff are not at their creative, productive best; are more likely to switch jobs; and generally have a negative impact on company culture.
When mentally recharged and relaxed employees bring their A game, everybody benefits. So how do you keep your employees at the peak of their creativity and satisfaction?

Introducing…Recharge Rooms

These are more than a simple café or chair grouping in a convenient place for conversation between colleagues or that morning java that gets the juices flowing. They’re rooms where employees can take a few minutes of downtime to zone out, relax, stretch, nap, or even meditate.
The idea is to unwind, get away from the stresses of the job long enough that the brain resets, and when the batteries are fully recharged, the employee emerges ready to tackle even the toughest projects with renewed energy.
For example, Unilever offers a quiet room for meditation and relaxation. Their “Wellbeing” zone offers four sections for connecting, snacking, stretching, and resting.

Design and Function

Recharge rooms can take on nearly any relaxing form. While some companies consider space dedicated to naptime or even an on-site masseuse a luxury, more and more are becoming aware of the mental and physical benefits of providing employees room to relax. They don’t even need to take up a lot of space, depending on the purpose of the room.
  • Meditation/Yoga rooms can be just big enough for a floor mat and a small table on which to provide music. Meditation practitioners can attest that just five minutes of quiet mindfulness can do wonders for concentration, improved sleep, breathing, and focus throughout the day. Stretching and yoga are also reflective and can quiet the mind, as well as improve blood flow and energy. In addition to their swimming pool at headquarters in Beaverton, Oregon, Nike offers yoga rooms, a full gym, and more to keep energy up.
  • Game rooms may sound like sound like a waste of time, but the reason game apps are so popular on smartphones and portable devices is because they allow the player to tune out the world when it gets too chaotic. Whether that’s with a room designed in a pixelated theme with beloved video game characters like Mario and Luigi, or a simple space with a beanbag chair and a gaming console hooked to a small TV, the video game lovers on the payroll know that not only do they have a place to get away for a bit, but that they’re valued team members whose choice of relaxation isn’t frowned upon.
  • Spas or massage rooms are another big hit, with some companies employing massage therapists ready to work out the tension when employees need it the most. This can be especially helpful for people with medical situations, such as migraine sufferers or those with back and muscle problems. Even a 10-minute chair massage can release pent-up tension and relieve the pressure on joints and nerves that cause a large number of employees discomfort. Sometimes ergonomics and sit-stand desks aren’t enough and a good massage is the best medicine to get back in the fray with more energy and drive.
  • Nap rooms are an idea that many would have frowned upon even a few years ago, but employers are quickly coming to realize a sleep-deprived staff member isn’t at their best. Google provides high-tech sleep pods for employees logging long hours. The previous solution–swigging coffee–can lead to jittery extremities and disjointed thoughts, when what they really need is a power nap. A small, interior room big enough for a hammock or a comfortable couch can do wonders for someone under deadline, who’s put in some long hours, and has to have a power nap to hit the ground running. Maintaining a reservation program on the room could also ensure someone doesn’t oversleep and miss out on their day.
  • Electronics-free rooms are another form of Zen room, where employees leave their device at the door or turned completely off. Take a tip from SoundCloud’s office in Berlin, where their tech-free room is the ultimate chill zone, furnished with a fireplace. So many of us often feel a slave to our smartphones or tablets, where the ping of an incoming email or text has us checking our screens every few minutes. The ability to take a few disconnected minutes, or even to give ourselves permission to disconnect, can relieve stress in ways no number of relaxation apps can mimic. The act of disconnecting purposefully can help with the fear of missing out, where checking just one more link, or one more tweet, or one more post leads to information overload in our effort to know what’s going on in the world.

Get Creative With Your Recharge Room Design

These are just a few ideas for relaxation rooms companies can adopt, but there are so many options out there: billiard rooms, Japanese gardens, mountain climbing walls, acoustic music rooms with a variety of instruments, and more. If it’s something your employees enjoy in their off-time, perhaps there’s a company-friendly version you can consider for your office space. The possibilities–and your employees’ well-being and gratitude–can be endless.
By: Jeff Pochepan (Inc.)
Click here to view source article.

Filed Under: All News

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