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NAMMBA | Improve yourself and the housing industry.

Tips and ideas to help you improve yourself and your industry

Your Dose Of Smarter

Get your dose of carefully crafted or cultivated news on the world of real estate finance, CRA/LMI markets,
legislation, regulation, and changes in consumer housing habits as seen through the eyes of NAMMBA
and our Partners - specialists in the real estate finance industry.

So that way, when your boss asks you how you are feeling about forbearance rates you can answer with confidence…
instead of wondering which way they are headed and if that is a good or bad thing!

You want to be the most valuable person in the room? Then be the most informed person in the room.
— NAMMBA

Rev-Up Your Business By Getting Involved With The Right Nonprofit

If you're like many business professionals, you give back to your community by donating money or time to various charitable organizations and expect nothing in return. After all, giving to the community that you serve isn’t just the right thing to do - it’s a reinvestment in your community! But what if there was a way for you to give but also get something in exchange - something powerfully important to your success? Believe it or not, there is! Being directly involved with the right nonprofit can be very rewarding on a professional and personal level, as well as a business level. In this blog, we will discuss the benefits of working with the right nonprofit and how it can help elevate your success as a professional or as an entrepreneur.

The real estate and finance industry is tough. It can be easy to get lost in the day-to-day and lose sight of the needs of tomorrow for yourself or your company. That's why many larger companies extend professional development to their employees to give them an outside perspective on their career path. Or why they build training in-house or work with outside third parties, to assess their business activities for staff improvement opportunities in an effort to grow revenue or margins.

In working with the right non-profit focused on the unique challenges of your industry, you'll have the opportunity to connect with other business professionals who are passionate about making a difference. So if you're looking to expand your business relationships, look no further than your local networking events. These gatherings offer the perfect opportunity to meet new people, learn about their businesses, form potential partnerships, grow with thought leadership events, or close a deal. Choosing the right events to attend is key; look for events relevant to your profession and target audience. For example, if you are a real estate agent, you should attend events dedicated to the enrichment of your field or congruent fields in the real estate and finance sector to help grow your industry connections.

Professionals can also develop relationships with nonprofit board members and staff, who can introduce them to new clients and business partners with instant credibility. Nonprofits can also provide access to new markets, prospects and opportunities, and professional development and thought leadership training resources specific to your line of work. It’s worth saying again that the real estate and finance industry can be extremely competitive. It's easy to get lost in the shuffle and become just another faceless name if you're not surgical or genuine about your efforts. However, getting involved with a nonprofit organization is one approach to stand out from the crowd. Nonprofit involvement can give you a wider perspective, motivation, and networking possibilities than you realized.

The real estate and finance industries are two of the most important and influential industries in the world because they build generational wealth through homeownership for families. This industry is responsible for the growth and development of economies all over the world. The business relationships that make this industry flourish are important because they allow you to share ideas and learn from each other in an ever-evolving approach that improves your performance each year. In addition, business relationships help organizations form vital partnerships in order to achieve their goals and objectives. This approach to networking also allows you to build trust and credibility with other professionals and businesses. When businesses trust and respect each other, they are more likely to do business with one another and this can only be built through networking opportunities, relationship-building events, and ongoing communication.

As a business operator or individual, you should be directly involved with at least one nonprofit. While most of us attend fundraisers or participate in national campaigns, it's important to remember that nonprofits need more than just money. They also need our time and expertise. It's much more rewarding when you can fully engage and leverage your skill set to effect change, let alone when it helps build your business! Being involved with the right nonprofit can make a world of difference when it comes to the real estate and finance industry because investing in your profession's future is mission-critical to ensure you stay on top of the latest trends, generating brand awareness on a massive scale, generating net new revenue, and developing tomorrow's employees and leaders. The nonprofit world is full of exciting organizations that could use your help if you're not already involved. 

Here at NAMMBA, we are a trade association that values DEI across the industry. In that same vein, we look to accomplish our mission by forming business relationships that help companies in the real estate and finance industry drive their top-and bottom-lines higher than they realized were possible. We can easily do this by showing businesses like yours the roadmap to tap into or expand deeper into a $300B underserved market that is credit and financially capable and ready for companies like yours! And we do this at the local, regional, and national levels.

Do some research and find one that aligns with your interests and values. You'll be glad you did.

Visit our website or give us a call today to get started on your DEI journey.