By Christal Keegan - NVR Legal Information Counsel
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 scenarios during this current busy real estate era like -- An agent represents a buyer purchasing two condominiums in the same community. Both condos are owned by the same seller. The listing agent insists that since both condos are in the same community, the seller should only have to order one resale package. Is this legal?
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. To read this week's new legal article click here.
REALTOR® members can apply to a 2023 Committee and help shape the direction of the National Association of REALTORS®. Now through May 13, members may submit their applications in order to be considered for a committee leadership or member position.
NVR members are encouraged to submit multiple applications (up to five) in order to be considered for all committees they have an interest in serving on. However, members will only receive one appointment, per current policy. Applications are compiled for review by NAR Officers during the NAR committee selection process.
To the extent possible, the composition of committees shall be representative of the general membership. While broad-based representation is desirable, this should not be construed as limiting the president from appointing the most knowledgeable and competent individuals available to serve on committees. Click here to apply for an NAR committee.
Spring may have sprung early in the housing market. The U.S. median list price set a record high of $392,000 in February, according to realtor.com®'s Monthly Housing Trends Report. Many markets continued to post double-digit annual price gains, led by Las Vegas, Miami, and Tampa, Fla., with annual increases of at least 31% each.
The number of homes for sale remains at record lows. But home buyer demand remains high and home prices are surging as a result of competition for low housing inventories. Hale says a slight improvement has been made on the inventory front: February saw declines in new listings improve for the first time since November 2021. Click here to learn more.
REALTORS® completing C2EX can differentiate themselves in the community and optimize opportunities to best serve clients and position yourself as a leader in the community! The endorsement empowers REALTORS® to evaluate, enhance and showcase their highest levels of professionalism. It's not a course, class or designation-it's an Endorsement that REALTORS® can promote when serving clients and other REALTORS®.
The platform generates a customized learning path and recommends experiences and resources to enhance your individual skillset.Get started on your journey today by logging in to www.C2EX.realtor and taking any one of the 11 self-assessments to measure proficiency in 10 aspects of professionalism (11 for brokers), ranging from customer service to use of technology.
NVR has signed up for the NAR C2EX Challenge. C2EX is the endorsement aimed at helping REALTORS® improve their professionalism and be better at their jobs. This competition for state and local associations inspires REALTORS® to earn their C2EX Endorsement, to raise the level of professionalism in the industry, increase their marketability, and grow their business.
Complete the Challenge and your name will be entered for a drawing of a $100 gift card for the month you finish it. Additionally, all NVR members who complete C2EX will be entered into a drawing for the grand prize of $500 on Oct. 1. Congratulations are in order for Las Vegas REALTOR Giovani Carmona, of the United Realty Group, who was the February winner. Click here to learn more about C2EX and start your challenge.