NAR Wins Major Provisions for REALTORS®

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

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

Texas REALTORS® 360 Postponed

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

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