North Dakota Appraisal Requirement Waiver Request

The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) has received a request for a waiver of appraiser credentialing requirements for appraisals for federally related transactions under $500,000 for 1-to-4 family residential real estate transactions and under $1,000,000 for agricultural and commercial real estate transactions throughout the State of North Dakota for [...]

By |2019-05-31T14:10:40+00:00May 31st, 2019|Uncategorized|0 Comments

VA Appraisal Request Change

As of May 16, 2019, the Department of Veteran's Affairs will require that the ordering of an appraisal related to the VA Home Loan program must have the Certificate of Eligibility (COE) be in  "Active or Pending" status. This is to ensure no veterans must pay for an appraisal in the chance they do not [...]

By |2019-05-28T19:44:42+00:00May 28th, 2019|Uncategorized|0 Comments

Best Practices for Conducting Internal Harassment Investigations

Download (PDF: 416.33 KB)NAR shares best practices for conducting an internal investigation when the association or brokerage receives an allegation of improper behavior. May 2019 An anti-harassment policy is in place; anti-harassment prevention training is conducted; and the organization has established a culture that doesn’t tolerate harassment. But, despite the organization’s best efforts, along comes [...]

By |2019-05-23T17:12:58+00:00May 23rd, 2019|Uncategorized|0 Comments

Legal Hot Topics for Brokers

Download (PDF: 968.73 KB) Follow these tips to reduce risk of wire fraud: Alert homebuyers at the outset of the transaction. Many brokers are requiring signed disclosures. Instruct homebuyers to call wire recipient using an independently-verified phone number. Avoid sending wire instructions (and any sensitive financial information) via email. Use a secure transaction management platform [...]

By |2019-05-23T16:48:54+00:00May 23rd, 2019|Uncategorized|0 Comments

Professionalism and C2EX

Today’s episode is the second part of a three-part series that highlights some of the major NAR programs being offered. The Commitment to Excellence (C2EX) program explores professionalism and its application to professional life. Monica and Hagan talk about some key points of professionalism, as well as breaking down the way the assessments work. All [...]

By |2019-05-22T19:13:38+00:00May 22nd, 2019|Uncategorized|0 Comments

INS Special Report From the NAR Board of Directors Meeting, May 18, 2019

At its May 18, 2019, meeting the board of directors approved a three-year extension of the $35 per member annual special assessment to fund NAR's national ad campaign. The extension will continue the campaign through 2022.The board also approved the 2020 NAR budget with no dues increase, as well as a Finance Committee recommendation that [...]

By |2019-05-18T15:53:22+00:00May 18th, 2019|Uncategorized|0 Comments

Are Hybrid Appraisals Becoming the New Normal In Real Estate Transactions?

WASHINGTON (May 15, 2019) – Appraisals, a critical part of real estate transactions, have customarily been done in-person by an experienced appraiser. However, with advancements in technology and the rise of big data, alternatives to the traditional appraisal field are beginning to become more prevalent in the U.S.That is according to panelists at the real [...]

By |2019-05-15T12:59:12+00:00May 15th, 2019|Uncategorized|0 Comments

2019 Board of Directors Orientation Webinar

In this video, NAR Leaders outline the fiduciary role and responsibilities of serving on the NAR Board of Directors. It highlights the meetings and events Directors should plan to attend to prepare for the meeting on Saturday, May 18, 2019 in Washington, D.C.View Board of Directors Key Issues

By |2019-05-10T20:44:32+00:00May 10th, 2019|Uncategorized|0 Comments

Cultivating Financial Wellness

Now that you're in the real estate game, what's your plan for your money? What are your plans for retirement? In today's episode, in an interview-style episode, Monica and her guest, Kasey Stewart, talk about defining financial wellness, how to achieve it, and what resources can help you manage your money for the future. In [...]

By |2019-05-03T19:00:16+00:00May 3rd, 2019|Uncategorized|0 Comments