Internal News Service Weekly Report for AEs

Realtor ® The Weekly Report for Association Executives Internal News Service From the National Association of<br />
                                    Realtors ®
April 20, 2016  
In This Issue
    • Home Sales Spring Ahead
    • Applications Accepted for 2017 Committees
    • Let NAR Know If You’re Retiring
    • Flipt, Homeselfe Among REach Companies
    • NAR Hosting Town Hall on Legislative Agenda

    • Manufactured Housing Has Affordability Role
    • RPAC: Be Careful With Social Media
    • Voice for Real Estate: Rural Loans
    • Session Offers Core Standards Models
    • Good Neighbor Nominations Open

NAR News

Home Sales Spring Ahead
Existing-home sales in March increased 5.1 percent from the previous month to an annual rate of 5.33 million,  from 5.07 million in February. "Buyer demand remains sturdy in most areas this spring and the mid-priced market is doing quite well," says NAR Chief Economist Lawrence Yun. "However, sales are softer both at the very low and very high ends of the market because of supply limitations and affordability pressures."

Applications Accepted for 2017 Committees
NAR is accepting applications for committee service in 2017. Members may submit up to five applications and receive up to five endorsements per application. Deadline is May 23.

Let NAR Know If You’re Retiring
Retiring AEs will be announced at the REALTORS® Legislative Meetings in Washington next month, during the Association Executives Committee meeting.  If you'll be retiring from the REALTOR® association and if the 2016 meetings will be your last with NAR, contact Cindy Sampalis by Monday, April 25.

Flipt, Homeselfe Among REach Companies
Seven companies that provide useful technology to the real estate industry have been selected for NAR’s 2016 REach Accelerator program. REach helps companies improve their services for real estate by making industry insights available to company executives. 

Issue Updates

NAR Hosting Town Hall on Legislative Agenda
NAR Chief Lobbyist Jerry Giovaniello and his team of legislative representatives are hosting a live town hall meeting to discuss the association’s advocacy agenda  during the REALTORS® Legislative Meetings & Trade Expo in Washington next month. The online town hall is May 4. Register.

Manufactured Housing Has Affordability Role
Fannie Mae and Freddie Mac can help standardize financing for manufactured housing to help increase the availability of affordable housing, NAR says in a letter to the agency that regulates the two secondary mortgage market companies. NAR also supports having the companies play a heightened role in preserving affordable housing. Also, the companies shouldn’t give priority to investors when disposing of housing they hold. Instead, owner-occupants should get the first chance to buy. The companies’ regulator, the Federal Housing Finance Agency, is spelling out ways the companies can advance their duty to serve underserved households. 

RPAC: Be Careful With Social Media
What RPAC information can your association post on social media, and what info should it not post? Take the quiz.

Voice for Real Estate: Rural Loans
NAR wants the Senate to pass legislation to improve the competitiveness of federally backed rural housing loans by allowing lenders to endorse loan applications without having to get upfront federal approval. The effort is a top story in the latest Voice for Real Estate news video. Also covered: Understanding the pay-off issues when a for-sale house has a reverse mortgage on it, and what your members need to know about handling people with a criminal record without running afoul of Fair Housing laws.

New Resources

Session Offers Core Standards Models
AEs and staff can get insight on shared services, merging with another association, or transitioning to a chapter at a session called Proven Association Models to Deliver Core Standards at the NAR Legislative Meetings in Washington next month, The session is May 12, 1:30-3:30 p.m.

Good Neighbor Nominations Open
REALTOR® Magazine is seeking nominations by May 13 for the 17th annual Good Neighbor Awards. Five winners will receive a $10,000 grant for their charities. The program recognizes members for their charity work.

MythBusters Star to Keynote Broker Summit
Adam Savage of the popular Discovery Channel show MythBusters will kick-off the 2016 REALTOR® Broker Summit in Denver, June 9. Early bird registration ends April 22. 

Discount for Online Ward Center Classes
CCIM Institute is offering members a 15 percent discount on online courses offered by the Ward Center for Real Estate Studies. The discount is for May and June. Members use discount code AEI16. Registration is online or members can call 800/621-7027. CCIM’s Ward Center offers a range of programs to bolster members’ commercial expertise.

Commercial Leadership Workshop On August 21
Save the date. NAR is hosting a Commercial Leadership Workshop August 21 in Chicago. It will be a full day of updates, networking, and education for AEs, staff, and incoming 2017 leadership of commercial overlay boards and structures.  

Improving Land to Increase Equity
Share article by land specialist who explains how transforming a tract of land can accelerate appreciation.

How Mapping Enhances Property Marketing
A REALTORS® Land Institute course focuses on mapping technology for land sales.  

Why New Technology Can’t Replace Brokers
A REALTORS® Land Institute blog post talks about why real estate land brokerages won’t go the way of the dinosaur. 

MVP: Update your Association Profile
Update your association message, contact information, logo, and events in the NAR Member Center and earn a personalized reward from NAR's Print on Demand program under the latest Member Value Plus (MVP) offering. Update your information by April 30 to be entered into drawing for a $200 REALTOR® Team Store gift certificate. Print on Demand enables you and your members to personalize and print NAR material. 

Escrow Checking Accounts Available
REALTORS® Federal Credit Union, a Division of Northwest Federal Credit Union, offers escrow accounts for brokers who’ve established a business account with the Credit Union. The Real Estate Escrow Checking Account is for earnest money deposits and has no minimum balance and no monthly fees. The Credit Union is a proud partner in NAR’s REALTOR Benefits® Program.

Legal

When a Buyer or Renter Has a Criminal Record
Almost a third of Americans have a criminal record, according to federal data. In many cases the reason is either minor or occurred long ago. And minorities are disproportionately represented among those with a record. What do your members need to know when they set a policy on working with people with a criminal record? The issue is  a top story in The Voice for Real Estate for the week of April 18. Also covered: NAR's effort to improve rural loans and how to sell a house with a reverse mortgage on it.

 
Report compiled by Robert Freedman, 202/383-1012. NATIONAL ASSOCIATION OF REALTORS®
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