Inside this issue
  LEGAL: Guidance on the operation of real estate offices  
By Christal Park Keegan, NVR Legal Information Line Attorney

Directive 021 Phase 2 of the State's Reopening plan, extends telephonic, virtual and work from home operations for real estate offices until June 30th. Read Page 4, Section 4 of the Governor's Declaration of Emergency Directive 021 Phase 2 Reopening linked here.

In the meantime, communication between brokerages and agents should be done via electronic means (e.g. Zoom, Go-To Meeting, other platforms) that provide for proper social distancing and increased participation and interaction between brokers and agents.  Timing of proper reopening should follow all government timelines and timeframes.

In anticipation of when offices can return to normal operation, brokerages should use this time to develop safe to return guidelines.  Workspaces should be reconfigured to provide for proper social distancing of six (6) feet of separation between themselves and others. Continue reading the NVR update by clicking here.


  NVR President Elect earns RPAC Hall of Fame status  
  The REALTORS® Political Action Committee, or RPAC, - a national bipartisan grassroots-based political advocacy organization - is adding another Nevada honoree to its Hall of Fame.

NVR President-Elect Brad Spires is the latest NVR member to earn RPAC Hall of fame honors. Spires, a Gardnerville, NV resident, will be among the RPAC Hall of Fame's newest members when they are officially recognized next spring. Spires has joined the $25,000 tier.

The Hall of Fame recognizes dedicated members whose RPAC investments total an aggregate of at least $25,000. Members are inducted at member meetings each May in Washington, D.C. and are recognized with a lapel pin, an inscription of their name on a plaque on the National Association of Realtors®' Washington, D.C. building rooftop, and a plaque commemorating their support.


  WEBINAR: Enhance cash flow with stimulus package, banking relationships, other tactics  
  It's time to stop the bleeding in your business. The Taxbot team has put together this emergency presentation to talk to NVR members about the small business stimulus package and what it means as self-employed business people. Taxbot will also share some other tips to free up cash flow so businesses can get through these turbulent times. 

In this webinar NVR members will learn:
  • Exactly what the stimulus package means for self-employed people and small business owners like you...and how to manage this cash to keep your business healthy. 

  • Why it's more important than ever to ensure that you're KEEPING as much of your hard-earned cash as possible...and why this shift in mindset could save your business during the economic downturn. 

  • How you can qualify for unemployment even though you're a 1099 contractor...and why this new groundbreaking benefit can save your business during a rough patch. 
Register for the June 3 (10 a.m.) webinar with NVR member benefit partner Taxbot and learn how to save more on your taxes. Click here to learn more.


  Testing centers now open  
  Under the Governor's phase 2 guidance, the Nevada Real Estate Division's testing provider Pearson VUE reopened on June 2, 2020.  We are aware that brokers have been anxiously awaiting this news as new agents are eager to take their tests. 
Appointment availability may be limited during this time, as Pearson Professional Centers will be following the statewide standards for social distancing and sanitation practices. We appreciate your patience in advance. Please be patient as the testing centers will be operating at a limited capacity. 
Be sure and visit the website: for more information and to reserve your spot. 


  NAR offering resources, promoting "June is Homeownership Month"  
  June is Homeownership Month and we're celebrating Americans who are #CreatingHome. By becoming homeowners, they are one step closer to the American Dream and sharing their experience can help others to do the same. Join us all month long as we celebrate the new era of homeownership and recognize the people, policies, and programs that are #CreatingHome now and into the future!

We'll be offering expert advice to help Americans navigate their way through the homeownership experience and highlighting how homeowners are shaping their communities. Click here to learn more.


  Summer home-buying season may be warmer than expected Economist Danielle Hale points out reasons for optimism

Until recently, the prognosis for the housing market wasn't great. With the economy in a free fall, home sellers swiftly took down their "For Sale" signs and many buyers chose to wait out the coronavirus pandemic. It was like the pause button was pushed on the normally bustling spring home-buying season.

But as states reopen their economies, the summer real estate market just might turn out to be hotter than anyone was anticipating. For the first time in more than two months, mortgage applications for home purchases were up year over year, rising an impressive 8.7% as buyers raced to lock in record-low mortgage rates in the week ending May 22. Click here to continue reading the article.