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LEGAL: Licensees hiring licensed contractors
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One-Minute Analysis
 Last month our legal staff here at NVR re-visited an issue from 2013, regarding the legal use of a REALTOR® employing the services of a 'handyman.' In that recent article, which was also published in NVR's weekly newsletter, we agreed to touch again on the "OMA of the Contractors Board Issue" as a refresher for real estate licensees who arrange for contracting work (to a limited extent) without a general contractor's license. Here is that promised follow-up article.
SUMMARY: This issue probably takes at least Two Minutes....
Nevada Law prior to the 2013 session required a general contractor's license when hiring more than two licensed tradesmen. NRS 624.215* Click here to read more about the issue. |
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Now showing on a screen near you: REALTOR® Pride
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 The REALTOR® story kicked off live last week in a new nationwide ad campaign from the National Association of REALTORS® that should resonate strongly with consumers and members, reinforcing the value of REALTORS® as knowledgeable advocates for property owners and communities. The multi-platform campaign kicks off with 30-second commercials on broadcast and cable TV and on audio streaming services that highlight what distinguishes REALTORS® from other real estate licensees.
The direction of the powerful "That's Who We R" campaign received enthusiastic feedback from members at the REALTORS® Conference & Expo in Boston last November. The ads depict REALTORS® as trusted, committed advisers not only helping clients with a real estate transaction but also advocating on their behalf with lawmakers on Capitol Hill and as municipal leaders and volunteers in their own communities. Click here to learn more about the campaign. |
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Taxbot webinar scheduled for March 6
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 Did you know that the quickest way to accumulate wealth is lower your taxes to the legal limit? If you could simply keep more of the money you earn, it makes a huge difference. If you don't plug those holes then you are constantly filling a leaky bucket.
Join the upcoming webinar, "How To Legally and Ethically Build Up Your Fortune." The webinar is scheduled for Wednesday, March 6 at 10 a.m. Taxbot attorneys will show you how they have saved clients over a BILLION dollars in taxes in just the last few years... while at the same time, helping them automate their COMPLIANCE so that they are doing things correctly... with the full backing and support of the IRS. Click here for the registration link.
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Millennials taking on more mortgages than other generations
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 Realtor.com® recently released new survey data, revealing members of the millennial generation have increased their home buying purchase power and now boast the largest share of new home loans by dollar volume, larger than both Generation X and the baby boomer generation.
These insights, based on a realtor.com® analysis of residential mortgage loan originations from Optimal Blue, show that while the median home buying price millennials take on is still lower than that of Generation X or baby boomers, millennials are showing interest in more affordable markets. Additionally, millennials are making lower down payments and taking on larger mortgages when compared to Gen Xers and baby boomers. Click here to read the full story. |
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