NAR

NAR fights labeling on existing home stock

Thursday, July 2, 2009
By Elizabeth Hensil
NAR fights labeling on existing home stock

The House recently passed H.R. 2454, the American Clean Energy and Security Act, which has caused a lot of controversy and confusion among REALTORS® across the country. While the country was focusing on “cap and trade,” REALTORS® were focusing on a proposed energy performance labeling program for all structures sold in the U.S. We all... »

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Keepin’ it legal

Wednesday, July 1, 2009
By Hank Lerner, Esq.

Get a link to the 2009 NAR Legal Scan, along with a list of PAR resources that will help keep you from being a statistic in the 2011 Legal Scan. »

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NAR keeping eye on HVCC’s effect on appraiser standards

Wednesday, June 24, 2009
By Thea Hocker
NAR keeping eye on HVCC’s effect on appraiser standards

NAR is taking a close look at a new standard adopted by Fannie Mae/Freddie Mac that establishes standards for the solicitation, selection and compensation of appraisers. The Home Valuation Code of Conduct (HVCC), effective May 1, 2009, affects REALTORS®, appraisers, lenders, mortgage brokers and consumers and extends only to mortgages that are GSE-owned or guaranteed.... »

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A short sales rules yo-yo

Monday, June 8, 2009
By Hank Lerner, Esq.
A short sales rules yo-yo

At the NAR Mid-Year meetings, a proposal was made that would allow MLSs to stick to the traditional rule of a uniform offer of cooperating compensation and not allow listing brokers make the compensation contingent upon their eventual listing fee. An MLS that wishes to allow brokers to include this provision may still do... »

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NAR offering Fundraising Event Grant

Thursday, May 21, 2009
By Sylvia Lacerda

In a new effort to raise RPAC funds, the National Association of REALTORS® is offering a Fundraising Event Grant of up to $5,000 to local associations/boards to assist in RPAC fundraising efforts. Several local associations in Pennsylvania have taken advantage of the available funds. The most recent recipients, the Reading-Berks Association of REALTORS® (R-BAR)... »

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Confidential means confidential (Except when it doesn’t)

Wednesday, May 20, 2009
By Hank Lerner, Esq.

When is a confidential decision in an ethics case not really confidential? And how does a recent NAR rules change affect confidentiality? Should you be worried? »

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If you can’t say anything nice…

Tuesday, May 19, 2009
By Hank Lerner, Esq.

You already know that you can't talk bad about your competitors, but a new change by NAR now includes a responsibility to remove or correct/clarify false or misleading statements "made by others on electronic media the REALTOR® controls once the REALTOR® knows the statement is false or misleading." Read more about it... »

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One hand giveth, the other taketh away (or something like that)

Monday, May 18, 2009
By Hank Lerner, Esq.

Is search engine indexing the same as scraping? What does the blogosphere think? How about NAR? Read about recent action (and inaction) from the NAR Midyear meetings. »

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HUD withdraws new ‘required use’ definition

Wednesday, May 13, 2009
By Kim Shindle

Shaun Donovan, secretary of the Department of Housing and Urban Development (HUD), announced Tuesday at NAR’s Midyear Meetings in Washington that HUD has withdrawn the proposed “required use” definition in the Real Estate Settlement and Procedures Act (RESPA) overhaul. »

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Just say NO to BPOs

Wednesday, April 8, 2009
By Hank Lerner, Esq.

BPOs could be causing part of the problem in the housing market, according to a recent article. One more reason the PA market is performing better than the national averages -- BPOs don't exist in Pennsylvania. Really. »

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