CVAR’s COVID-19 Resources
REALTORS®: Updates & Guidelines
What’s Happening at CVAR under
COVID-19 restrictions
IRS: Tax Relief for Business
Latest COVID-19 Updates from C.A.R.
Citrus Valley Association of REALTORS® is conducting all business remotely. Meetings and classes presented by CVAR will be online and free of charge (see available classes below).
Legal Update
Click this link to join Zoom at 2 p.m. Thursday
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Free Online
• 
May 11 | CRMLS Training – Using RPR
• May 11 |Risk Management – Robert Brand
• May 12 | Social Media Secrets w/ John Reyes
• May 13 | Lead Generation in Virtual World – The Lockdown w/ Dan Smith
• May 14 | C.A.R.’s Gov Hutchinson – Legal Update
• May 15 |License Renewal– Fee $85
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Legal Update w/ Gov Hutchinson
Click this Zoom class link at 2 p.m. Thursday
or register above to receive the link
Click here for full calendar of events on CVAR.net
News & Featured Articles
Top 10 REALTOR® Questions About CRMLS Cooperation Policy
We’re hearing questions from members about the new CRMLS Clear Cooperation Policy for putting listings in the MLS. Listen to CVAR Director of Member Engagement Barbara Goldberg answer the Top 10. Listen Here.
Skipping Mortgage Payments?
The law requires borrowers to pay back any missed mortgage payments, but wasn’t specific on how to do it. Government agencies insist borrowers with government-backed mortgages don’t have to pay everything back at once.
READ MORE
Home Showings On the Rise
It only took a matter of weeks for all the moving parts inside the real estate industry to find a new way of doing business. While showings dropped between March 12 and April 12, data shows that home showings are now on the upswing, with a 39% increase in the last two weeks of April. READ MORE
Sellers Ready After Order Lifts
More than 3 in 4 potential sellers, 77%, are preparing to sell their homes following the end of stay-at-home orders, with half completing do-it-yourself home improvement projects, according to a new survey from the National Association of Realtors®. About 5% said clients are shifting neighborhood preferences from urban areas to suburban areas due to COVID-19. READ MORE
Business Help – San Bernardino County is proposing $30 million to support small businesses through the COVID Compliant Business Partnership program, which still needs supervisors’ approval. To be eligible business owners must agree to follow public health guidelines for safely operating. (SB Sun)
Consumer Sentiment – After falling 11.7 points last month, the Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased an additional 17.8 points in April to 63.0, its lowest reading since November 2011. (Fannie Mae)
Stimulus Misunderstandings – The Economic Impact Payment (typically $1,200) is not a loan, and does not have to be repaid. It will not be decreased for taxes owed, but will be for child support due. (MarketWatch)
CAR Director – Eligible members can apply to become a CAR Director by filling out the application and e-mailing to Mark@cvar.net by May 22, 2020.
REALTOR® Unemployment – California REALTORS® can apply for PUA through UI Online. They can create an account, file their claim, certify for continued benefits, verify income and update their information. To assist members in learning about and applying for this relief program, C.A.R. has created step-by-step illustrated instructions available here.
REALTOR® Hotline – NAR’s toll-free phone number for COVID-19 and real estate related questions is (800) 874-6500. Members also can call the hotline for the latest information on programs and services being developed to help in you business during this time. (N.A.R.)
Did You Miss a Class?
Check out the @Home With CVAR archive where you can replay
classes you missed at CVAR.Live:
• 
New Forms & Disclosures
• Tips from Mortgage and Insurance Experts
• Downpayment Assistant Guidance
• Virtual Staging – With Box Brownie’s Peter Schravemade
• Using Social Media now
• Intro to GLIDE, LionDesk and other free CVAR member benefits
Also, listen to the CVAR Podcast
1st Quarter 2020 – Market At A Glance
Create an instant report for clients with
the latest information for 3 counties:
Los Angeles, Riverside, San Bernardino
Follow CVAR on Facebook!
The previous CVAR page is no longer available. To follow CVAR classes & events, industry news and happenings, please Like/Follow “Citrus Valley Realtors.” Click the Facebook image to access the page:
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Get the most from the Glide member benefit by attending a webinar that covers everything you need to know to make the disclosures process easier for you and your clients, 
Fannie Mae and Freddie Mac will buy certain mortgages that go into forbearance within the first month—but lenders will have to pay a steep loan-level price adjustment fee.