Inside this issue
  It's Not Soup Yet! - Episode 11  

The first 11 weeks of Nevada's 2023 Legislative Session are in the books; Episode 6 is released

Nevada Realtors 2023 President Tom Blanchard and 2023 Legislative Chair Keith Lynam discuss the Silver State real estate industry and policy impacts as the Nevada Legislature continues its 2023 session. Click here to see the video.

*A Reminder that Bills and Bill Draft Requests are CONSTANTLY CHANGING during Session. The information contained in this video MAY NOT BE CURRENT for more than a couple of days. Please view updated “It’s Not Soup Yet” videos and read the REALTOR Advocate which goes out to NVR members via email every Friday during session for the latest information.



  LEGAL FAQ: Implications of EMD Disputes on Relisting a Property  
Legal Article

The article in the adjacent link addresses a popular issue often discussed on the Legal Information Line. This article was originally released in October of 2020 and is being shared again because of its importance. The NVR Legal team touches on key points during this current busy real estate era like -- Can the seller relist their property while there’s a pending earnest money dispute?

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 You can view the legal article on the subject by clicking here. 



  NAR report finds decline in commercial purchases by marijuana industry, increase in leasing activity  

Lease addendums that restrict growing on properties also on decline

Realtors® are seeing a decline in commercial property purchases by marijuana industry-related businesses and a corresponding increase in leasing activity, according to a new study from the National Association of Realtors®.

The 2023 Marijuana and Real Estate: A Budding Issue report examines the effects of marijuana legality on various aspects of real estate. The survey, which polled NAR members, divided the responses by states that have legalized medical marijuana only and states that have legalized marijuana for medical and recreational use both before and after 2018. Click here to learn more.



  Retention Series: Doing the math for your agents  

REALTOR Magazine: Agents going to brokers ready to leave because of splits, there’s likely a deeper issue at play

Agents often blame the money, especially their commission split, as the reason they want to leave a brokerage. Yet, it’s usually not the main culprit, says Stephen Snider, managing broker, ONE Sotheby’s International Realty, in south Florida, where he manages 330 agents. 

The issue is likely more comprehensive, like an overall struggle to make a living from real estate or dissatisfaction with the office culture. It’s important then, for brokers to get to the heart of the issue. Open the door for communication, and create a safe space where agents feel comfortable sharing their grievances with these guidelines. Click here to read more.