Monthly Archives: April 2016

?Who?s Your REALTOR(R)??

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(LOS ANGELES, April 4, 2016) – How does a barista, some oysters, and a server’s cousin lead to entrepreneurship? Well, it’s a long story and the premise for the CALIFORNIA ASSOCIATION OF REALTORS®’ 2016 consumer ad campaign which launches today in four California markets.

Now in its second year, the commercials continue the long-running "Ripple" theme, which illustrates the value REALTORS® provide not only to home buyers and sellers, but also the community at large. Specifically, the campaign connects the dots between REALTORS® and local businesses.

C.A.R. is continuing its partnership with the NBC Owned Television Stations division of NBCUniversal and the commercials will air exclusively on the NBC Owned Television Stations in the San Francisco (KNTV), Los Angeles (KNBC) and San Diego markets (KNSD), on the NBC affiliate in the Sacramento market (KCRA) and local cable affiliate inventory to air on Bravo.

Additionally, C.A.R. and the NBC Owned Television Stations will produce a series of vignettes with television host, author, and REALTOR® Egypt Sherrod. Sherrod is best known as the host of HGTV’s "Property Virgins," which guides first-time home buyers through the ins and outs of home buying. The series will focus on the home buying process from start to finish and show consumers how a REALTOR® can help every step of the way.

The campaign also will include commercial extensions on the home and lifestyle cable network HGTV.

Consumers also will hear similar spots created for radio via C.A.R.’s partnership with iHeartRadio and the creation of "drive-time roadblocks." Through purchasing simultaneous airtime on multiple radio stations each Friday for 14 weeks, C.A.R. is ensuring that consumers will hear about the benefits of working with a REALTOR®, even by station-surfing drivers.

The campaign was created by indie Philadelphia-based agency, Red Tettemer O’Connell + Partners. Demonstrating the success of C.A.R.’s past consumer ad campaigns, a post-test survey of consumers conducted following the 2015 campaign found that the ads continue to build awareness and help consumers understand the importance of working with a REALTOR®. Additionally, buyers and sellers have an increasing appreciation of the work REALTORS® must do to help close real estate transactions.

For complete information about C.A.R.’s 2016 consumer advertising campaign, visit http://ift.tt/1CCSt9S or visit the consumer ad site, which is rich with content and resources related to the home-buying and selling processes (http://ift.tt/10Ao1gB).

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Leading the way in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with more than 165,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

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Vacation Home Sales Retreat, Investment Sales Leap in 2015

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WASHINGTON (April 6, 2016) — Vacation home sales cooled off in 2015 but remained at the second highest amount in nearly a decade, while investment purchases increased for the first time in five years, according to an annual survey of residential homebuyers released today by the National Association of Realtors®. Mirroring the strong price growth seen throughout the U.S., the median sales price of both vacation and investment homes surged in 2015.

NAR's 2016 Investment and Vacation Home Buyers Survey1, covering existing- and new-… Read More

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