Inside this issue
  2023 Region XI Conference set for April  
 

Kevin Sigstad, the 2023 Region XI RVP, will host the Rocky Mountain Regional Conference April 10-12.  The event will take place in Reno and the host venue is the Grand Sierra Resort. 

An opening reception will kick off the event at 5 p.m. on April 10. On April 11-12, the region is hosting NAR President Kenny Parcell, plus keynote economist, Elliot Eisenberg, "The Bow Tie Economist". Other guest speakers include tech-minded Nobu Hata, and business coaches Natalie Davis and Julie Youngblood, MLS and Leadership panels, DEI presentations and much more!

On April 12, attendees will celebrate RIDE WITH THE BRAND! To learn more and register for the event, click here. To check out the reservations and the room block, click here

 

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  FTC proposes rule on non-compete agreements  
 

The Federal Trade Commission released a proposed rule that would prevent employers from entering into non-compete clauses with workers and require employers to rescind existing non-compete clauses. The rule includes “independent contractors” in its definition of “worker” and would supersede any conflicting state laws or regulations that provide less protections to workers.

A non-compete clause is a contractual term between an employer and a worker that blocks the worker from working for a competing employer, or starting a competing business, typically within a certain geographic area and period of time after the worker’s employment ends.The definition of non-compete clause would generally not include other types of restrictive employment covenants—such as non-disclosure agreements (“NDAs”) and client or customer non-solicitation agreements —since these generally do not prevent a worker from seeking or accepting employment with a person or operating a business after the conclusion of the worker’s employment, unless they are unusually broad in scope that they function as such a restrictive agreement. Click here to continue reading.

 

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  How to handle questions about schools, neighborhoods  
 

Brokers, agents should take care to avoid fair housing violations

When deciding on a property, many home buyers tend to be influenced by the neighborhood and the local school district. Questions about school districts and neighborhoods are often fielded by real estate professionals, and for good reason. The salesperson is often seen as the community expert. 

Answering these questions can be tricky, and agents should start by making sure they’re up to date in their REALTOR® Code of Ethics training and have a firm understanding of fair housing laws before providing answers. These two resources provide foundational directives for real estate professionals, which enables an agent to share information about schools in a way that best serves the client while adhering to regulations. Click here to read more.

 

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  Starter home prices soaring; Luxury Is in slump — What’s going on?  
 

For those navigating America’s residential real estate market, it’s lately felt a bit like an out-of-control cargo train, ever threatening to veer off the tracks—stomach-churning price accelerations followed by interest rate hikes slamming the brakes. It’s little wonder that just about everyone seems to be searching for clues on where housing sales are going this year. But it’s not a one-size-fits-all market. Different kinds of homes—and the diverse people buying and selling them—have been affected in significantly different ways, especially when it comes to prices.

In fact, a deep dive into what’s going on with two of the nation’s iconic, bellwether housing categories—representing opposing ends of the price spectrum—might provide the clearest indications of what to expect for 2023 and beyond. Click here to view more of this story from realtor.com.

 

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  Associations, members encouraged to plan community events  
 

Join NAR in a national week of REALTOR® Volunteering! REALTOR associations and members can help plan out their Volunteer Day events for members.

We also encourage REALTORS® across the nation to participate by joining their local association's volunteer event or reaching out and getting involved with their favorite nonprofit. Together, we can make a real difference as we serve our neighbors and strengthen our communities.

 

 

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