The CARES Act, also known as the Coronavirus Aid, Relief, and Economic Security Act, was signed into law by President Trump on Friday, March 27, 2020. Here’s a summary of some of the provisions of the CARES Act related to the real estate industry. Read more
Bexar County Elections office announced that the majority of municipal and school board elections scheduled for May 2 have been postponed until the general election on Nov. 3. Read more
The U.S. Senate passed a $2 trillion COVID-19 economic relief package Wednesday night with overwhelming bipartisan support.
The bill now goes to the U.S. House, where it is expected to pass, and President Trump has said he will sign it into law.
The measure includes $350 billion for the Small Business Administration 7(a) loan program. Under the terms, eligible businesses (500 employees or fewer) can get up to $10 million toward mortgage interest, rents, utilities, and payroll costs. A portion of these loans will be forgivable. Read more
During these changing times, where people are encouraged to stay home and limit exposure to others, continuing to sell homes can be a challenge. In order to keep business moving, many REALTORS® are turning to virtual tours to market their listings and keep buyers interested. Here are 3 video tour products suggested by Inman News. Read more
Did you know that participation in the census can determine the amount of funding your community receives and can impact the real estate industry? Read more
REALTOR® Academy is offering 40% off online classes for a limited time. Take advantage of this sale to stay on top of your CE requirements. Use code SABOR40 at checkout.
NAR Survey Finds Nearly 1 in 4 Home Sellers Changed How Their Home is Viewed on the Market Due to Coronavirus Outbreak
In Washington State and California, however, the figure jumps to 44 percent and 34 percent, respectively
WASHINGTON (March 12, 2020) – Nearly 1 in 4 home sellers nationwide are changing how their home is viewed while the home remains on the market due to the coronavirus (COVID-19) outbreak, according to a new survey from the National Association of Realtors®. The changes include stopping open houses, requiring potential buyers to wash their hands or use hand sanitizer, asking buyers to remove shoes or wear footies, or other changes. Read more
After monitoring recent developments of the Novel Coronavirus (COVID-19) and its potential impact on association business, Texas REALTORS® has decided to postpone the Texas REALTORS® 360 meeting that was scheduled for March 19-20. A future meeting date has not yet been set; however, details will be shared as soon as they become available. Read more