The Department of Justice (DOJ) filed a lawsuit against the National Association of REALTORS® (NAR) last week, alleging a series of violations of antitrust law, including commission arrangements and consumer disclosure requirements. NAR has adopted a “series of rules, policies, and practices governing, among other things, the publication and marketing of real estate, real estate broker commissions, as […]
Industry News
NAR’s New Ethics Rules Pass
NAR’s Board of Directors on Friday strengthened REALTORS®’ commitment to upholding fair housing ideals, approving a series of recommendations from NAR’s Professional Standards Committee that extend the application of Article 10 of the Code of Ethics to discriminatory speech and conduct outside of members’ real estate practices. Article 10 prohibits REALTORS® from discriminating on the basis of […]
REALTOR® Conduct May Lead to Ethics Changes
The National Association of REALTORS® (NAR) is scheduled to vote Friday, Nov. 13, on proposed changes to the Code of Ethics, following an “unprecedented” wave of complaints about its members’ social media conduct during this tumultuous year. Under current rules, “members can engage in conduct and speech that is discriminatory and abhorrent” without penalty unless […]
What Changes Are Permanent?
Amid all the uncertainty brought on by COVID-19 over the past six months, one thing is assured: the pandemic has re-ordered real estate markets across the board on an unprecedented scale. Some of this may be irreversible. Thanks to the COVID-19 pandemic, we don’t know if people will feel safer living in the south and […]
DRE to Enforce COVID Showing Protocol
COVID showing protocols (per the COVID-19 Real Estate Guidance or “the Guidance”) require that all visitors to a property wear masks, agree to the posted rules of entry, and use hand sanitizer upon entry. Agents must also clean and disinfect the property both before and after each showing and ensure that social distancing and all other COVID […]
Nov. 2 – CVAR Connect
CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions 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 classes below). ____________ Online at CVAR Nov. 3 | Election Day – Vote! Nov. 3 […]
DOJ, Judge Side With Exide Regarding Toxic Property
‘This blatant disregard for the community by Exide,’ said a lawmaker. Exide Technologies can abandon its heavily contaminated battery recycling plant in Vernon and stop paying for environmental protections preventing the spread of toxic dust to neighboring cities as soon as Oct. 30, a federal judge ruled this month. The court’s support of Exide’s bankruptcy […]
8 Housing Trends Emerging From Pandemic
Some housing trends will accelerate, some will come to a halt, and some will spawn entirely new areas of growth because of the COVID-19 pandemic, according to experts at the Urban Land Institute’s virtual fall conference on Oct. 15. For example, the migration from cities to suburbs, which millennials led prior to the pandemic, has […]
Oct. 26 – CVAR Connect
CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions 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 classes below). ____________ Online at CVAR Oct. 27 | Hot Issues Briefing – Prop 21 […]
CVAR’s Insider Sales Snapshot!
Our connection on the “inside,” C.A.R. Analyst Guillermo Flores, had some surprises for us this month regarding home sales numbers in our area. “We really thought August was the peak of what was shaping to be an over extended home-buying season, but this last month slightly defied our expectations, as sales climbed to their highest […]