After more than a year of research and planning, the Arizona Association of REALTORS® hoped to take its first step toward establishing a statewide multiple listing service this summer with the $4.75 million purchase of the state’s largest MLS, Tempe-based Arizona Regional Multiple Listing Service Inc. However, the SouthEast Valley Regional Association of REALTORS® surprised the state in September by voting not to sell its interest in ARMLS.
The National Association of REALTORS®’ Public Awareness Campaign, designed to educate homeowners on the difference between a REALTOR® and a real estate practitioner who is not a REALTOR®, has been transformed into the Public Advocacy Campaign, focused on educating members and consumers about issues that affect buying, selling, and owning real estate, such as access to affordable mortgage financing, tax incentives to home ownership, overly stringent credit requirements, and cumbersome short sales and foreclosures.
The tough fight that the Nevada Association of REALTORS® won for a new law protecting distressed homeowners is now gaining national attention. This law (AB273) is intended to prevent banks from “double dipping” and going after home owners for mortgage payments once a settlement between the borrower and lender has been reached.
The NAR “Home Ownership Matters” bus visited the Greater Nashville Association of REALTORS® in July as seven area AEs gathered for their two-day annual “peer review” meeting. The bus has stopped at dozens of REALTOR® associations across the country, in addition to other locations, giving local association executives an opportunity to host events where they can speak out for home ownership.
The Plymouth and South Shore Association of REALTORS®, Mass., presented a $2,000 housing and homeless assistance grant to the Friendship Home, which provides respite, support services, and other programs to individuals with developmental disabilities and their families within Massachusetts. The Plymouth associations nominated Friendship Home to receive the grant from the Massachusetts Association of REALTORS®’ Charitable Foundation.
REALTOR.com® launched a global property listing site in October to build members’ business. The site aims to expand the exposure of United States property listings to international markets by offering home searches in 11 languages: English, French, Spanish, Portuguese, Italian, German, Dutch, Russian, Japanese Korean and Chinese.