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Leadership Academy starts 2021 program with virtual session
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 The Nevada REALTORS® most recent Leadership Academy class did not quite get the year-long experience it had bargained for. The 2020 class opened a planned year of activities with program's first session in Phoenix in late January as is standard practice. As we all know, not much was standard about 2020 from March on.
The Leadership Academy's 2020 class proceeded to watch the rest of its year-long program get swept away with the onset of the Covid era. Fourteen of last year's 16 class members have returned for round two of the program and the 2021 edition kicked off last week with a pair of virtual, half-day Zoom sessions. Given that the current class did get in its traditional first session content a year ago, current Leadership Academy Dean Stephanie Mangual and NVR's program staff liaison Tiffany Banks made it a priority to bring some fresh programming for the first session of 2021. Click here to read the full story. |
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Bloomberg: Millennials changing luxury real estate market
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Millennials: most educated generation in history, have higher earnings, and are set to inherit more than any prior generation
 In sharp contrast to the "slacker" stereotype that has defined their generation, millennials aren't living in parents' basements. They're buying multimillion-dollar homes. At 38%, millennials-adults born from 1981 to 1996-represent the largest share of home buyers in the U.S., according to a survey by the National Association of Realtors released last year.
Characterized by their tech savvy and environmentally conscious values, millennial preferences are poised to dramatically shape the market, a dynamic that has been on display during the Covid-19 pandemic. Beginning almost immediately after the coronavirus hit, for instance, buyers began to flock to areas that offered walkability, nature, and a well-rounded quality of life. Click here to read more of the Bloomberg article.
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Pandemic forges on, financial stress pushing more Americans to move
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 A growing number of Americans are moving because of the coronavirus pandemic - and increasingly that choice is being forced by financial pressure. A new Pew Research Center survey found that 5% of U.S. adults reported they had moved temporarily or permanently because of the COVID-19 pandemic. The survey was conducted in the latter half of November.
That figure is up from 3% back in June. Some Americans were more likely to have moved as a result of the viral outbreak than others. More than one in 10 young adults between the ages of 18 and 29 have relocated to a new home amid the pandemic, more than any other age group. Additionally, lower-income households and people of color were more likely to have changed their address over the past year. Click here to read more of this story from Realtor.com.
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Reopening plan vital for brokers to avoid liability
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 Many brokerages are considering reopening workplaces to workers, clients, and the public as the COVID-19 vaccine brings hope against the pandemic. But with more than 1,500 workplace safety lawsuits related to coronavirus exposure since the start of the pandemic, a COVID-19 reentry plan is necessary to keep your workplace safe and reduce your brokerage's risk of liability. A new Window to the Law video, posted at nar.realtor, offers tips on creating an office reentry and vaccination plan.
Some states have enacted laws that grant businesses immunity from certain COVID-19-related workplace claims, such as in Kansas and North Carolina. But in those states, and even in states without an immunity law, a business should be sure to have a reentry plan that complies with federal, state, and local guidance and orders to help demonstrate that a business acted reasonably in reopening the office. Get more info on this issue from REALTOR® Magazine by clicking here.
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