Industry News

Increase your ‘Whuffie Factor’

May 29, 2009
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Increase your ‘Whuffie Factor’

The key to whuffie success is to "pay it forward." Just like in the movie, do something good for someone else without expecting something in return.
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NAR offering Fundraising Event Grant

May 21, 2009
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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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Posted in Government Affairs, NAR | No Comments »

Confidential means confidential (Except when it doesn’t)

May 20, 2009
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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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Posted in NAR, Professional Standards | No Comments »

If you can’t say anything nice…

May 19, 2009
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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)

May 18, 2009
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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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Program helps Pennsylvania homeowners

May 15, 2009
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The Homeowners’ Emergency Mortgage Assistance Program (HEMAP) was created by Act 91 of 1983 by the Pennsylvania Housing Finance Agency. The program aims to protect families who are financially unable to make their mortgage payments and face foreclosure.
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HUD withdraws new ‘required use’ definition

May 13, 2009
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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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Posted in Legal Issues, NAR | No Comments »

FHA allowing homebuyers to use $8,000 tax credit as down payment

May 13, 2009
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HUD Secretary Shaun Donovan provided good news yesterday for first-time homebuyers at NAR's Midyear Legislative Meetings in Washington, D.C.
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Home prices declining, current nationwide prices at 2004 levels

May 5, 2009
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Home prices declining, current nationwide prices at 2004 levels

We all know about the “boom and bust” experiences in California, Florida, Nevada and Arizona, however, a new group of states is emerging with double-digit declines. In the past year these have included Washington, Illinois, Maryland, Oregon, Massachusetts and Virginia.
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Posted in Economics | No Comments »

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