Internal News Service Weekly Report for AEs

Realtor ® The Weekly Report for Association Executives Internal News Service From the National Association of<br />
                                    Realtors ®
June 1, 2016  
In This Issue
    • Contract Signings at 10-year High
    • Temporary  Health Insurance Option Available
    • Member Expense Reimbursement Changes
    • REALTOR.org Homepage Streamlined
    • Survey on RPR® Commercial Guest Accounts

    • Win on Supreme Court Clean Water Act Case
    • Servicers Can Order RHS Liquidation Appraisals
    • Contribute Docs for Chance to Win AEI Tuition
    • Power Shift Presentation Available
    • RCE Nov. Leadership Luncheon Tickets Available

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NAR News

Contract Signings at 10-year High
Job growth and low interest rates fueled contract signings in April. NAR’s forward-looking pending home sales index hit a level of 116.3, the highest in a decade. 

Temporary  Health Insurance Option Available
If you have members who missed open enrollment and need health insurance, REALTORS® Insurance Marketplace has options. The SMART Short Term Medical plan is an option if they need coverage until the end of the year. It’s designed to be affordable and can last from 30 days to six months. 

Member Expense Reimbursement Changes
Updates to NAR’s member expense reimbursement policy were approved by the Board of Directors at its meeting in Washington last month, effective on May 16, 2016.  Accordingly, the daily reimbursement cap for meals and incidentals and the per-person limit for guest entertainment expenses moves from $80 to $125. For more info contact Candace Bodnar or Karen Paschal.  

REALTOR.org Homepage Streamlined
NAR has redesigned the REALTOR.org homepage to provide information in a focused, flexible, mobile-friendly way. 

Survey on RPR® Commercial Guest Accounts
AEs: Temporary access to the RPR® commercial platform is a recurring topic of conversation among members and association staff because of its potential for showing the value of RPR® to nonmembers. Share your thoughts in a survey on whether local associations should provide RPR® guest accounts to non-members as a recruiting tool. The guest account survey is strictly a commercial focused discussion and will not allow guests to see MLS or CIE active listing data.

Issue Updates

Win on Supreme Court Clean Water Act Case
In a victory for real estate, the U.S Supreme Court yesterday ruled that property owners don’t have to wait until they have a permit denied before they can sue the federal government over whether their property is subject to Clean Water Act regulation. In an amicus curiae brief it filed on the case, NAR said it was unfair to make property owners go through an expensive and time consuming permitting process before receiving a ruling, or jurisdictional determination, on whether their property contains a wetlands or other body of water subject to regulation. Background and NAR amicus brief. Background summary in the March 23 Voice for Real Estate.  

Servicers Can Order RHS Liquidation Appraisals
Loan servicers can obtain liquidation value appraisals on homes with defaulted U.S. Rural Housing Service loans after expiration of the real estate owned (REO) marketing period, rather than wait for the federal government to order the appraisals, under a final federal rule. The cost of obtaining the appraisal will be eligible for reimbursement when the loss payment is calculated. For more info contact Megan Booth
 

New Resources

Contribute Docs For Chance to Win AEI Tuition
The REALTOR® Association Resource Exchange (RARE) is a database of sample association documents provided by associations around the country that you can use to improve your operations. Contribute sample documents from your operations, from June 1 to June 31, to earn a chance to win tuition to the 2017 AE Institute in Denver. Six entries per association maximum. Go to REALTOR.org/RARE and, under Contribute a Sample Document, click "add a sample."

Power Shift Presentation Available
If you missed the RCE Leadership Luncheon in Washington, D.C., download speaker Brad Fitch's presentation on the importance of power shifts in Washington.

RCE Nov. Leadership Luncheon Tickets Available
Tickets are on sale for the 2016 REALTORS® Conference & Expo RCE Leadership Luncheon Nov. 6 in Orlando. All AEs, volunteer leaders, and members are welcome to attend. 

Home Renovation News Available
Your members can access and share home renovation news from Realtor.com® and HomeAdvisor. 

SRS Online Designation Course on Sale in June
Let your members know that the Center for REALTOR® Development’s online Seller Representative Specialist (SRS) Designation Course is available at a 25 percent discount during June—the only month in 2016 that this course will be on sale. Contact CRD@realtors.org to get email marketing copy, banners and ads. Join the center's affiliate program to get a 15 percent share of revenue from the course for your association.

Legal

No Standing for Statutory Violation Alone
Plaintiffs need to show harm to have standing to sue for a statutory violation, the U.S. Supreme Court ruled, sending a case back to trial court to see if it involved concrete harm to the plaintiff for inaccurate personal information posted on Spokeo, a "people search engine." NAR filed an amicus curia brief in support of the idea that statutory violation alone isn't enough for standing. 

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