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NAR Announces New Cyber Liability Insurance Program for Realtors
CHICAGO (February 20, 2020) -- The National Association of Realtors this morning announced a partnership with CyberPolicy to deliver a new cyber liability insurance program designed to meet the unique needs of real estate professionals. As NAR continues to combat the escalating threat of fraud in the real estate industry by offering educational and preventative resources to members, the partnership will help Realtor®-owned brokerages efficiently compare, quote and purchase quality cyber insurance plans from a select group of carriers who understand the unique needs of real estate professionals and offer exclusive NAR member benefits. "Cyber security threats are fast-growing in the U.S.," said NAR CEO Bob Goldberg. "And while some progress has been made to increase awareness and prevention efforts, it's clear that there is more our members must understand to avoid these situations and to be prepared if an attack occurs. CyberPolicy will provide access to a key piece of that puzzle through a specialized program created specifically for our members." Determining which type of insurance is needed to protect businesses in the event of an online attack has also proven difficult for brokers and professionals across other industries. "The real estate industry remains highly vulnerable to cybercrime, but determining what type of protection and insurance you need to best defend your business in the event of an attack can be a challenge," said Keith Moore, CEO and Founder of CyberPolicy. "We're thrilled to partner with NAR to offer a tailor-made solution for Realtors® that provides the cyber liability insurance needed to meet their needs." According to FBI data, about 11,300 people were victims of wire fraud in the real estate and rental sector in 2018, totaling more than $150 million in losses nationwide. The FBI expects more than six trillion dollars in cybercrimes to be committed globally by 2021. Every weekday in the United States, five thousand phishing emails are sent out from more than 115 countries around the world. Through this partnership, CyberPolicy will begin delivering customized plan options to help Realtors® quickly restore operations after a cyberattack or fraud occurs, as insurers work with them to recoup losses and legal costs, recover stolen data and preserve professional reputations. While NAR encourages brokers to continue educating agents about ways to reduce risk and exposure, the nation's largest trade association contends that cyber liability insurance offers another critical layer of protection. Visit nar.realtor/cyberpolicy to learn more about this program, available exclusively through NAR's REALTOR Benefits® Program. The National Association of Realtors® is America's largest trade association, representing more than 1.4 million members involved in all aspects of the residential and commercial real estate industries.
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Ten minutes invested in this plan can help you reach a 2014 goal.
Try realtor.com®'s new online business planning tool! It takes 5-10 minutes and immediately calculates the key activities and daily actions you will need to take -- based on your specific objective. We worked with top agents who consistently set and achieve higher goals and enlisted their help to build this. It considers how many new prospective customers these power agents need to get to at least one closing per month. We also learned how they were handling leads and the number of follow-up calls they make each day to reach ambitious but attainable new business objectives. The result is a realistic, manageable activity plan customized for you – and it includes links to free tools, webinars, downloadable applications and more help to get you to your goal. Try it and see how easy it is to break down a big task into manageable activities in this simple but effective plan. Start Here.
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Success Series Webinar: Explode Your Income in 2013
Do you send handwritten notes to your clients in January? Or post tantalizing recipes on your blog for National Chip and Dip Day in March? (It exists, we swear. Just look it up on The Ultimate Holiday Site.) No? Then you may be missing out on valuable opportunities to connect with your community. Connecting with your community is a great way to attract new clients and make more sales. As part of our ongoing Success Series webinars, Point2 invited industry expert Terri Murphy to teach our members three easy ways to explode their income in the next three months. In case you missed her live webinar session on December 18th, we have recorded it for you to watch now. Learn how seemingly simple acts – from making charity donations to posting on your blog – can help kick start your sales next year. Using strategies you can begin implementing today, Terri encourages you to: Revisit the basics Add value to your business model Set up the first quarter of 2013 Terri shares multiple concrete examples that worked for her business and will work for yours, too. Watch 3 Easy Tips to Explode Your Income in 2013 and start seeing results in the first quarter. Within 120 days, you could be the celebrity authority in your neighborhood with more prospects, new clients and increased sales. Sounds pretty sweet to us! We Want to Hear from You Did you watch this webinar live with Terri Murphy? Would you recommend it to other real estate professionals? Which of Murphy's tips will have the most impact on your 2013 marketing strategy? Share your thoughts in the comments below. Get ready to sharpen your sales technique. Veteran real estate agent Verl Workman is our first Success Series webinar expert in the new year. Click here to register for his January 10th, 2013 webinar now. Spaces are limited.
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