Author Archives: NAWRB

Increasing Gender Diversity Without Quotas

Posted on by NAWRB
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14 Mar

Diversity and inclusion (D&I) continues to be a priority in the corporate world, especially in the housing ecosystem. To increase opportunities for women, some have advocated legislative action. One example is California’s potential SB 826 bill, a law that would require the state’s largest public companies to have at least one woman on their board by the end of 2019. While such policy action may be perceived as long overdue, enforcing quotas is not an all-encompassing solution to the lack of diversity in companies’ executive positions.

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Building an Authentic Client Base On and Offline

Posted on by NAWRB
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14 Mar
Women using a smartphone in the display and technology advances in stores. Take your screen to put on advertising.

When the Pew Research Center began measuring social media usage in 2005, 5 percent of U.S. adults used at least one social media platform. Today, 69 percent of the public utilizes some form of social media.
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Blockchain Won’t Make Real Estate Agents Obsolete

Posted on by NAWRB
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14 Mar

Blockchain is an emerging technology that’s impacting the way industries conduct business, especially real estate. Not much is known about blockchain among the general public besides its association with bitcoin. While real estate professionals should pay attention to this new trend—as it will significantly change transactions and data-sharing—it will not make their careers obsolete. Agents have the invaluable ability to build relationships and empathy, which are pivotal to success in the industry. Blockchain is merely a helpful addition to their toolbox.

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Affordable Housing and HELOC Deductibility Under New Tax Laws

Posted on by NAWRB
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14 Mar

The new tax bill passed by Congress in December 2017, celebrated as the Trump Administration’s first major legislative victory, will have inadvertent consequences for potential homebuyers looking to buy homes in high-end markets, and for those with a home equity line of credit (HELOC). A decrease in home prices and caps on tax deductions, among other effects, will lower affordability in some high-tax states.

The GOP tax bill, which includes a $1.5 trillion tax cut, lowers tax rates for individuals and corporations, and introduces limitations on mortgage and tax deductions.
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Stop Being A Fly on the Wall

Posted on by NAWRB
Fly on the Wall
28 Feb

Everyone gets stuck. It’s part of life. It’s part of business. We all have blind spots, energy slumps, personal and professional limitations and challenges that often we might not seem to be able to get over.

But getting stuck can be especially frustrating when you are a CEO and everyone looks up to you for leadership and guidance.

Surprisingly, in situations like this, 95 percent of us think that if we just try a little bit harder, it’ll all work out and we will be able to resolve our challenges and eventually ‘get unstuck.’

When I work with executives who are ‘feeling stuck’ I usually tell them a story that goes something like this: “In a quiet room, on a hot day in July, a small fly burns out the last of its short life’s energy in a futile attempt to fly through the glass of a window pane.”
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Leading Increasingly Intergenerational & Diverse Teams

Posted on by NAWRB
Jason Ma
28 Feb

The future of work and talent has arrived, and change is not only constant but also accelerating. Worldwide, the growing impact of technologies (especially artificial intelligence), digital transformation, globalization, intergenerational and cultural shifts, diversity, as well as the changing nature of careers and the “gig economy,” are raising people’s and companies’ productivity and connectivity. At the same time, these factors, along with social media, geopolitical turbulence, educational system issues, among other causes, are increasing stress, anxiety, fear, and already intense competition.

These trends are occurring while the G20 has declared that the future of work is one of its top three agenda priorities. Just this past weekend, the G20 Summit in Buenos Aires, Argentina (the G20 host country for 2018) concluded with the publication of the G20 Leaders’ Declaration. Here is an excerpt of this declaration by the Presidents and Prime Ministers of the 20 largest economies:

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The Hispanic Potential Buying Power of 1.7 Trillion Dollars

Posted on by NAWRB
Hispanic Potential
28 Feb

The goal of every business is to make a profit and the real estate industry is no different. An often undermined market is the Hispanic and this article will help you uncover the potential within the Hispanic market that most overlook, which means millions of dollars for businesses looking to invest in this market.

Tap into the 1.7 Trillion Dollars Market
The U.S. houses an ever-growing Hispanic population resulting in an increase in potential purchasing power that is generally overlooked. Statistics from Pew Research Center, as at 2015, indicate that about 57 million Hispanic people live in the U.S.; that is 18 percent of the whole U.S. population, compared to 1980 when the percentage stood at a mere 6.5 percent. Additionally, the Census Bureau in 2014 predicted that the Hispanic population will double to about 119 million come 2060.
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Women Leading the Way with Confidence

Posted on by NAWRB
leadingtheway
12 Feb

There are plenty woman-driven moments worth celebrating this year. From opportunities to highlight initiatives to advance in Olympic sports, corporate boardroom, red carpet Oscars, and Congress, women are leaving a stalwart trace of power, closing the year 2018 strong.

In Congress, women comprise an impressive record-setting number of 108 held seats in, about 20.2 percent of the 535 members.

With 49.6 percent of total world’s population of women, we continue to be the guiding force committed to shining a light on empowering female role models in an effort to inspire more women leaders.
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Leap-In: Inspiring Career Role Models for the Next Generation of Women Leaders

Posted on by NAWRB
LeapIn
12 Feb

The revolution for women has been a long time coming—think since before the beginning of the written history of our civilizations.  As an ally in the space who is an advisory member of BRAVA Investments and a close friend of CEO and Founder Nathalie Molina Nino, I’ve become an even stronger champion for equality.  That being said, it’s amazing to me that gender equality has taken this long to become a constant subject of conversation given the number of fires lit towards it throughout the past 40 years alone.

My understanding of the issues women have faced changed after I finished Leapfrog: The New Revolution for Women Entrepreneurs.  Though this is not a book review, there are so many valuable features in this that should not only serve to strengthen women’s culture, but also illuminate how and why when women come together and bring with them the men who champion them that true changes are possible to our civil society.

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sheCENTER(FOLD) Quinn Palomino

Posted on by NAWRB
Quinn
12 Feb

Co-Founder and Partner, Virtua Partners

Quinn Palomino

Quinn Palomino is the Co-Founder and Principal of Virtua Partners, a fully-integrated, private equity and real estate services firm. In this intimate discussion with NAWRB, Quinn shares her incredible story as a first-generation Vietnamese immigrant, her experience growing up in a mix of both American and Vietnamese cultures, the words of wisdom she lives and works by, and more.

NAWRB: What was your childhood like growing up in Vietnam?

Palomino: My family evacuated Saigon, Vietnam on April 30, 1975 after the Fall of Saigon and the end of the Vietnam War. The image that many people may recall is of helicopters leaving from the rooftops of the U.S. Embassy that day. Approximately 125,000 individuals like my family evacuated and many of us were allowed entrance into the US as refugees. My family was sent to Fort Chaffee in Arkansas and provided refugee housing in the barracks at Fort Chaffee as part of the what the U.S. military called “Operation New Life.” And it was exactly that for my family and I, an opportunity at a “New Life.” We later settled in Orange County, California in a little suburb called Mission Viejo.
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