Harry Norman, REALTORS® Companywide Sales Meeting Q225 (04.15.25)

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COMPANY WIDE SALES MEETING Q2

APRIL 15th, 2025

AGENDA

• Business & Industry Updates

• Recognition & Events

• Marketing & Operations

• Market Stats Update

FINANCIAL WELLNESS

Spring Check-In Resources

As tax season nears, here are some resources to help you maintain your financial wellness:

Speak with a Certified Financial Planner

Learn More about Automatic Tax Deductions

Attend Women’s Financial Empowerment Seminar

A MATTER OF PERSPECTIVE

BUSINESS & INDUSTRY UPDATES

• 2024 Highlights • 2025 What’s to come

• Market Update

LINK TO JOIN – Thursday, May 15

Josh Linkner – New York Times Bestselling Author, Innovation Expert & Entrepreneur

Takeaways:

• The Human Edge: Explore unique human skills—creativity, empathy, and intuition—that AI cannot replicate, and learn how to leverage these for a competitive advantage.

• Creative Disruption: Discover how to harness AI as a catalyst for creative disruption, transforming challenges into opportunities and innovative ideas into groundbreaking solutions.

• From Automation to Innovation: Learn how to move beyond efficiency and use AI to fuel fresh ideas and business breakthroughs

CONTRACT TO CLOSE

Buyer and Seller Services

Harry Norman, REALTORS® Contract to Close is a streamlined, time-saving service that handles every step from binding agreement to closing.

Our C2C team:

• Connects with clients, co-op agents & vendors

• Manages key dates & documentation

• Sends reminders & ensures compliance

• Provides post-closing support

Benefits include:

• Spend less time on paperwork

• Never miss a deadline

• Stay informed

• Get ahead of client touchpoint setup

HISTORY OF THE POLICY

Effective Date of May 2020

The "Clear Cooperation Policy" was approved by the National Association of Realtors (NAR) board of directors in November 2019 and became effective on May 1, 2020. Under this policy, the listing broker must submit the listing to the MLS within one business day of marketing it to the public. At passage, belief was Clear Cooperation Policy would essentially eliminate "off MLS" and "pocket listings" due to the severely limited marketing capabilities.

CCP THE STUDIES

• The study examined home sales from 2023 and 2024, finding that homes sold off the MLS typically sold for $4,975 less than those listed on the MLS

• Zillow’s study found homes in all price tiers typically sold for less when sold off the MLS, with price impacts generally more severe for lower-priced homes.

oBottom tier: -3.1%

oLower tier: -2.7%

oMiddle tier: -1.6%

oUpper tier: -0.7%

oLuxury tier: -0.4%

• Homes marketed through the MLS sell for 16.98% more

• On-MLS homes reach a greater audience and fuel competition, leading to a significant financial benefit for sellers who list on the MLS.

• In 2022, a typical on-MLS seller received $53,890 over what they would have gotten by selling off-MLS.

NEW: MULTIPLE LISTING OPTIONS FOR SELLERS

Additional Option: Delayed Marketing Exempt Listings​

It introduces a category of exempt listings called “delayed marketing exempt listings.” The new policy goes into effect immediately, but MLSs have until Sept. 30 to implement the change.

 Delay marketing through IDX or syndication

 MLS’s determine delay period

 Signed disclosure required

 MLS visibility (members only) during delayed marketing period

CCP BENEFITS – 1 PAGE FLYER

New Tools to Support Your Client Conversations

We're equipping you with resources to help illustrate the value of full-market exposure:

• Buyer & Seller Assets

Professionally designed, easy-to-share materials that highlight the advantages of listing and buying on the open market.

Blog: The Power of an Open Market: A Clear Advantage for Sellers

A compelling article you can share with clients to support conversations around the Clear Cooperation Policy and why MLS exposure matters—backed by data from Zillow, Bright MLS, and NAR.

Use these tools to build trust, educate your clients, and reinforce your value as their market expert.

Scan to view the blog

UPCOMING TRAINING

HNR Orientation

Monday, April 21 / 10:00am – 2:00pm

Location: Partner Services Office

3525 Piedmont Rd NE, Bldg 5, Ste 300, Atlanta, GA 30305

Instructors: Gil Castro – Professional Development Manager

FREE / NON-CE (Continental Breakfast & Lunch Provided)

Agent Accelerate ( 4 DAYS )

Wednesday, April 23 / 9:15am – 4:30pm

Thursday, April 24 / 9:15am – 4:30pm

Monday, April 28 / 9:15am – 4:30pm

Thursday, May 1 / 9:15am – 4:30pm (Including final exam)

Location: Partner Services Office

3525 Piedmont Rd NE, Bldg 5, Ste 300, Atlanta, GA 30305

Instructors: Gil Castro – Professional Development Manager

All registered agents must attend all four days to receive credit

Women’s Financial Empowerment

Wednesday, April 23 / 2:00pm – 3:00pm

Location: Virtual

Instructors: Dergalis Representative

FREE / NON-CE

The 5 W’s of Radon

Wednesday, April 30 / 10:00am – 1:00pm

Location: Partner Services Office

3525 Piedmont Rd, Bldg 5, Ste 300 Atlanta, GA 30305

Instructors: Champia Representative

FREE / 3-HR (Lunch Provided)

Pricing: An Advanced Workshop

Mid to Late May, Date TBD

Location: Partner Services Office

3525 Piedmont Rd NE, Bldg 5, Ste 300, Atlanta, GA 30305

Instructors: Gil Castro – Professional Development Manager

Go to the training calendar on My HNR Office to register.

RECOGNITION & EVENTS

2024 Highlights

2025 What’s to come

Market Update

Q1 Perfect Transactions

Mary Hallenberg Intown
Candice Boothe Intown
Bob Freeman Atlanta Perimeter
Sara Gutierrez Atlanta North
Alex Lowe Buckhead
Team Augello North Fulton

Q1 Perfect Transactions

Sally Johnson North Fulton
Mary Morrison
Atlanta Perimeter
Gabriela Panzera East Cobb
The Stocks Team
North Fulton
Stacy Easley
North Fulton
Hester Group East Cobb
Gitte Claud East Cobb

Q1 Notable Sales $3M+

3873 Blalock Goldmine, Julie Barnett $4.5M

13400 Providence Road, Jeff Updegraff $4.4M

95 Montgomery Ferry Road, Erin Yabroudy $3.7M

1723 E Wildcat, Julie Barnett $3.7M

205 Peachtree Circle, Erin Yabroudy $3.5M

5220 Green Oak Court, Hester Group $3.4M

5031 Kings Close, Michele Collins $3.1M

Yabroudy & Associates

Julie Barnett
Luxury Lake & Mountain
Erin
Buckhead Hester Group East Cobb
Michele Collins North Fulton
Jeff Updegraff
Big Canoe

MARKETING & OPERATIONS

14 Pieces of Coverage across 8 Outlets With over 255,000 Estimated Views

Q1 – 95th BRAND ADS

Print and Digital Stats

Unmissable advertising campaign creating 1.16 million print and digital impressions in 2025. Our brand marketing delivers powerful, consistent visibility that reinforces the Harry Norman name.

HOME MAGAZINE

95th Anniversary Commemorative Edition

Active and Pending listings at 3/25 over $1M will be featured based on the three Luxury tiers:

• $1M - $1,999,999 will have a half page

• $2M - $2,999,999 will have a full page

• $3M+ will have a 2-page spread

Standout recent closed sales over $1.5M

Editorial content will include:

Miss Emmie and Harry Norman

• Timeline

• Philanthropy

• Shaping Atlanta Real Estate

• Design Evolution

* Not the actual cover

DIY CUSTOM AREA MARKET STATS

NOW AVAILABLE

- Create Market Stat social graphics in only a few clicks

- Choose from broad to specific market areas including counties, cities, neighborhoods, zip codes, and more

- Use Harry Norman Custom Boundaries to focus on areas consisting of multiple zip codes Ex. Metro Atlanta, Intown, Buckhead, West Cobb, North Fulton, and more

Additional detailed instructions to follow in recap

NEW LUXURY GUIDE

A Luxury Guide: Exploring Exclusive Spaces & Amenities​

• Introducing the inaugural edition of an elevated quarterly series of consumer marketing pieces.

• Resources designed to inspire, inform, and establish you as a trusted advisor with insights into luxury homes and living.

• This first piece takes a journey through the most coveted spaces and features found in today’s exceptional properties. Grand entrances, resort style living, cutting edge smart tech and more.

Scan to view the full guide

CONTENT MARKETING

Tools to Support Your Business

Curated Guides: NEW Weekend Getaway

Guide Available

New Blog Content & Shareable Assets

Updated Affluent Neighborhood Guides

Atlanta History Videos: HNR Then & Now

All available in the Thursday email ->

ATELIER SPONSORSHIP

Introducing the inaugural Atlanta Homes & Lifestyles Atelier, a pop-up showroom and luxury lifestyle activation at Buckhead Village.

The Atelier will include a new, state-of-the-art kitchen, bathroom, bar, and outdoor living space located in the heart of Buckhead Village.

Buckhead Village District

May 15 – June 28, 2025

Monday through Friday: 10 a.m.–4 p.m.

Saturday: 11 a.m.–6 p.m.

Sunday: CLOSED

Q1 2025 MARKET UPDATES

Coming Soon

Quarter 1 Market Updates for All Price Points and Luxury Market will be ready this week

• Share the reports by area or the full booklet; see your marketing team to have your information added to the reports.

• These reports can be found on the HNR Cloud at Company

Public > Marketing > HN Insights > Market Updates > 2025

Market Reports > Market Update Q1 2025

• They are also in the CRM at Marketing > Smart Campaigns > Templates > Search HN Insights - 2025 Q1 Market Update

• The reports will be sent out on your behalf using the hashtag

#HNQuarterlyReport on Thursday afternoon.

Market Update

What We’ll Cover

• The Elephant in the Room

• Managing Expectations

• Strategies for Success

The Current Economy

Recession Looming?

Past Recessions & The Housing Market

• Home Prices generally don’t fall

• However, Mortgage Rates typically do!

A Recession Does Not Mean Falling Prices

Home Price Change During the Last 6 Recessions

• Sources: CoreLogic, The Balance

A Recession Means Falling Mortgage Rates

Mortgage Rate Changes During the Last 6 Recessions

• Source: Freddie Mac, Mortgage Specialists

Case Shiller March

January Data

Across the US

• Up 4.1% in January

• Previous Month it was 3.9% 20 City Composite

• Up 4.7% in January • Previous Month was 4.5% • Atlanta was Up 2.4% in Jan same as Dec

Case Shiller

CASE SHILLER - ATLANTA

Case Shiller

Managing Expectations

Comparisons

March 2025 – SFR

Market Comparisons

March 2025 – SFR

Market Comparisons

Market Realities

Market Realities

Sellers & Buyers

Sellers

• More inventory means more competition

• Over the last 30 days, if they overpriced their homes relative to current market dynamics:

• Total Days on Market extends to 105 days

• The homes sell at almost a 10% discount

When Rates get closer to 6,

Buyer Demand Increases

It’s expected as rates trend closer to 6% towards the end of the year, it will add 400-500K more buyers to the marketplace.

Market Realities

Sellers & Buyers

Buyers

• Homes that have been on the market 2 months are more likely to negotiate

• Homes that have done a price reduction sell at a discount of 9-10%

• As rates come down, demand increases, to be competitive take advantage of PHM 30K Guarantee

Strategies for Success

Strategies for Success

What can you Control

1. Focus on Positivity vs Negativity

• In the last 30 days, 185 homes closed each day in Atlanta. Get your share!

2. Do what others won’t do

• The average agent worked 30 hours a week; show up for a normal 40-hour week and see what happens

• 49% of agents generated less than 25% of business from past clients. Do more with your own sphere of influence - and consider reaching out to competitors’ past clients that are obviously being underserved

• 81% of REALTORS reported no business from open houses. Either they aren’t doing them, or they aren’t doing them well.

• The average REALTOR spent less than $660 on professional training. Lucky for you, you don’t have to, all you have to do is sign up/show up.

• 64% spent ZERO DOLLARS on marketing/lead generation. Invest in your business.

• 49% of REALTORS never use video technology. Producing a 2-minute video should be a Monday morning priority.

Focus

3. Market Reviews, Market Reviews, Market Reviews

• Most Homeowners have no idea what their home is worth in today’s market

• As their Trusted Advisor you have a responsibility to educate them

• If you aren’t doing that, someone else will. Don’t drive by their house one day and see someone else’s sign in their yard.

IN SUMMARY

• History has proven the housing market prevails recessions:

• Increases in Home Prices

• Mortgage Rates come down

• Home Prices appreciation in Atlanta leveled out in December & January, expect similar Year over Year appreciation, modestly 3-5%

• The best way to Manage Expectations is by “Showing, not Telling”. Current market dynamics have returned to Historical Norms, not a housing slow down or “Bubble”

• Inventory will continue to rise, explain pitfalls to Sellers of overpricing and know your “DOM markers”.

• As rates come down (which they will) it will bring more Buyers to the market, leverage your partnership with your PHM loan officer to help them secure the right property

Keep your chin up, we’ve got this! We’re 95 Years STRONG TOGETHER!

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Harry Norman, REALTORS® Companywide Sales Meeting Q225 (04.15.25) by Harry Norman, Realtors - Issuu