Inside this issue
  Nevada REALTORS state conference proved success in virtual format  
  Virtual options can still provide great resources. That was the key takeaway for Nevada REALTORS® last week as the state association hosted its third annual state conference, Oct. 27-29, but for the first time on a virtual/digital platform.

The COVID-19 pandemic forced NVR leaders to change plans in late summer. The changes were seamless as the group pivoted to a virtual platform after altering plans for in-person meetings at Incline Village/Lake Tahoe in early October. More than a thousand REALTORS® statewide registered and attended the three-day event.

"I'm really pleased with how the event came together and was executed," 2020 NVR President Chris Bishop said. "Despite being forced to change our format plans late in the game, we were still able to offer our REALTOR® members a lot very valuable content that hopefully was both insightful and fun."

Day 1 attendees got to enjoy a first-ever presentation with both Mike and Tom Ferry as well as a broker panel discussion on finding ways to thrive during times of crisis. Day 2 featured government affairs recaps and political discussions, including an interview with Governor Steve Sisolak and another with veteran Nevada journalists Jon Ralston and Elizabeth Thompson. The third day offered up leadership updates from NAR President Vince Malta and CEO Bob Goldberg as well as discussions with state and local leadership on what's impacting their regions and how to get involved. Comedian Sam Adams capped off the conference with some laughs and his thoughts on successful presentations during a time when virtual presentations have become the norm.

All conference recordings are now available for viewing. From your desktop, just click here. You may need to login into your Whova dashboard after utilizing the link and click on video gallery. From your Whova phone app, login and find the videos tab.


  LEGAL FAQs: Implications of EMD disputes on relisting property  
By Christal Park Keegan
Can a seller relist their property while a pending earnest money dispute is unresolved?  Sellers can, but should they?  The ideal course is to have a formal termination of the contract, which can occur by either the parties signing the cancellation instructions or as so ordered from a judge. The former is obviously preferred, and the listing agent/broker should facilitate that by reaching out to the buyer's broker directly to make headway, as well as initiating the mediation process through your local REALTOR® chapter.

If that doesn't work, inform the seller to seek advice from an attorney to understand the legal ramifications of entering into another purchase agreement without formal cancellation. It's important to note that title and escrow companies often refuse to open a second escrow on a property where the first contract has not been formally terminated because it carries legal risk. For more legal details and insights, click here and continue reading


  REALTORS® kicking off first-ever virtual Conference & Expo  

The National Association of REALTORS® opens its first-ever virtual annual conference today, November 2, when REALTORS® from around the globe will experience the marquee event for the world's largest trade association.

"Reset, Refocus, Get Reinvigorated and Find Your 'R'!" serves as the theme for this year's conference, which will welcome participants from all 50 states, several U.S. territories and more than 60 countries. REALTORS® and their partners from across the industry will be able to interact with 75 exhibitors and choose from more than 50 educational sessions covering a wide array of topics, including how emerging technology like 5G and artificial intelligence will impact the real estate market, the state of global real estate in a post-COVID world, commercial real estate valuations, among many others. Click here to read more.