Inside this issue
  NAR-DOJ Settlement Do's & Don'ts  
 

Best Practices for Agents Promoting Transparent Marketplace

By Christal Park Keegan, NVR Legal Information Line

The article in the adjacent link addresses a popular issue often discussed on the Legal Information Line. NVR Legal Information Line Attorney Christal Keegan touches on key points during this current busy real estate era like -- what DOJ settlement changes should REALTORS take note of to remain committed to acting in the best interest of clients.

Do you know how Nevada law reads on the subject? Read this short legal-themed FAQ article and learn all you need to know. If you have any questions, please email the Legal Information Line at InfoLine@NVRealtors.org. You can view the legal article on the subject by clicking here.

 

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  Being your clients' frontline defense against fraud  
 

As more RE business is conducted online, hackers have greater opportunities to disrupt transactions. Learn steps to take to protect clients against cyberattacks.

 

You're the primary safeguard protecting your clients from cybercriminals. Scammers are targeting real estate transactions-most of which involve the exchange of large amounts of money-more than ever. So, you need to be able to spot the signs that you and your clients are in the crosshairs of a fraud scheme.

Real estate has experienced a dramatic rise in cybercrime in recent years. The pandemic has exacerbated the problem, forcing transactions to become more digital and people to operate on unsecured networks at home. The FBI received nearly double the number of cybercrime complaints in 2020 than in 2019, with losses totaling $4.2 billion, according to the FBI's 2020 Internet Crime Report. Compromised email accounts, identity theft, and real estate fraud were among the top sources of cybercrime. Click here to read more.

 

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  Help Region XI shine in Regional Rally for RRF  
 

REALTORS® take pride in stepping in and stepping up wherever there's a need. NAR is challenging all regions to step up and participate in the REALTORS® Relief Foundation's Regional Rally to aid any community in the wake of a disaster. Check out Region XI's progress here, then share it with your colleagues.

Additionally, NAR has a few upcoming events and reminders for members nationwide.

  • REALTOR members are encouraged to register today for NAR's Oct. 20 Connected Conversations webinar. This monthly event discusses the history of the NAR and realtor.com® partnership, covers timely and informative topics, and includes a live Q&A.
  • REATORS won't want to miss the next event in the virtual Green Home Tour series Oct. 21. They'll take a virtual tour of Tall Oaks in Reston, Va. It's a high-performance infill project of townhomes and flats certified to the National Green Building Standard.
  • A C2EX endorsement serves as an equivalency option for NAR's Code of Ethics training requirement. The current three-year cycle ends Dec. 31.
 

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  The Death of the starter home: Where have all the small houses gone?  
 

Being a first-time homebuyer these days can feel a bit like a hungry dog begging for scraps. And no one is rushing in with filet mignon anytime soon. At the heart of the problem: the near disappearance of the classic American starter home -the smaller, more affordable, entry-level abodes that have long been the sweet spot of first-time buyers. 

Homes that would seem to fit the bill, at least in terms of size and amenities, are often now listed at wildly prohibitive price points, even in a time marked by record-low mortgage rates. It has ushered in an era of high stress and unprecedented challenge for first-time buyers, eager to jump into their initial real estate purchase. Continue reading the full Realtor.com article by clicking here.

 

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  NVR partner Amarki to host webinar Nov. 4  
 

Click here to register for the webinar!

 

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