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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Tags: MLS, rules, sales, short
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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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Tags: fundraising, NAR, RPAC
Posted in Government Affairs, NAR | No Comments »
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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Tags: code, ethics
Posted in NAR, Professional Standards | No Comments »
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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Tags: blog, ethics
Posted in NAR, Professional Standards, Social Media | No Comments »
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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Tags: IDX, MLS
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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of Housing and Urban Development (HUD), announced Tuesday at NAR’s Midyear Meetings in Washington that HUD has withdrawn the proposed “required use” definition in the Real Estate Settlement and Procedures Act (RESPA) overhaul.
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Tags: HUD, required use, RESPA
Posted in Legal Issues, NAR | No Comments »
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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Tags: appraisals, BPO
Posted in Industry News, Legal Issues, NAR | No Comments »
New Fannie Mae guidelines protect brokerage fees in short sales up to a total of 6 percent of the sale price. Read on for more.
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Tags: sales, short
Posted in Industry News, Legal Issues, NAR | No Comments »
While NAR has billions and billions of pieces of information on its site, I’m going to focus here just on a section of their site called the Library.
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Tags: information, NAR
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