1031 Exchange Commissions

The National Association of Realtors (NAR) and the Securities and Exchange Commission (SEC) are working to finalize an exemption which may allow real estate brokers/agents to be compensated in the form of an advisory fee for referring clients to registered representatives who offer tenant-in-common (TIC) investments.

For additional information see: FEE


Karen Hoffman Recognized With International Award

Karen Hoffman, former IRTA Executive Director (1998-1999), recently received the International Business Matching Award from eWomen Network at their international conference. As the co-founder of the St. Louis-based “City of Experts” organization, Hoffman regularly speaks on the subject of making strategic business connections.


Cities Make Barter Offers To Promote Art

Many cities across the U.S. have embraced a “Percent for Art” movement. Typically, cities ask or require companies to allocate 1% of their construction budget to buying or prominently displaying art, often in exchange for tax cuts or use of public lands. (City committees approve the potential purchases, while the owners are responsible for maintaining the art.)

Frequent Flyer Miles – Marketing Tool For Realtors

United Airlines has a marketing program for realtors called “Easy Miles.” It’s where the purchase of frequent flyer miles for 3-cents per mile can be used an incentives. The customer/purchaser account is credited with the miles after the transaction closes and the realtor has been paid.

For more information see: MILES


Barter Industry Smart About Acquisitions

Large ambitious acquisitions done outside of one’s industry are typically labeled “story deals,” but prove to be the worst performers when talking about acquisition value. But, as the barter industry knows well, the best deals are ones directly in the acquirer’s industry and that are largely based around cutting costs.


“Barter Member” Value Versus Hot Social-Networking Organizations

The value of a member belonging to a trade exchange is around $1,000, as recent sales indicate. It is interesting to note the value of other individuals in the social-networking world…$200 per Facebook user, $70 for a YouTube individual, and $50 that eBay paid for each of the Skype users.

This entry was posted on Sunday, October 21st, 2007 at 8:40 pm and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.