flood insurance Archive

When Your Competition Has Lower Overhead Than You Do

Are you making much money even if you close a dozen transactions this year—or, if you’re a broker, your sales associates close a lot of transactions? The answer depends on your overhead. If you’re not paying for office space,...
August 25, 2017

Typical Commercial Agent Now Makes $120,800

Commercial prices continue to head up, at least among smaller properties in secondary and tertiary markets. As a result, the typical commercial agent is making $120,800, an 11 percent increase from the previous year, when the median income was...
August 7, 2017

Flood Subsidies Phasing Out Unless Congress Acts, FEMA Chief Says

UPDATE: Read NAR’s Oct. 10 letter to Craig Fugate outlining steps his agency could take to mitigate the sting of rising flood insurance premiums. Any chance of the federal government delaying the phase-out of flood insurance subsidies coming down...
September 19, 2013

Your Victory on the NFIP Reauthorization

A message from NAR President Moe Veissi: YOU DID IT! Late last week Congress finally acted on one of your key legislative priorities, a five-year reauthorization of the National Flood Insurance Program (NFIP). Even better news, we just received...