The countdown is on. The NATIONAL ASSOCIATION OF REALTORS®’ ethics requirement gives members until Dec. 31, 2012, to take an approved ethics course. Associations are doing everything they can to avoid holding eleventh-hour ethics courses for hundreds, or even thousands, of members in December.
Adapting to new technologies isn’t a choice for association executives; it’s a necessity. Beyond the charge of managing effective associations, we serve an important role model function for our members. REALTORS® look to us for best practices involving which tech tools we use and how we employ them in our daily business practices.
A coalition of real estate and other business organizations (including NAR) wrote to the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) reaffirming their calls for an economic impact study, extensive field testing, and full re-exposure of the entire lease accounting proposal — with the goal of creating a standard that will meet the tests of the marketplace and fulfill the needs of all stakeholders.
This week the National Association of REALTORS (NAR) and the Institute of Real Estate Management (IREM) sent an industry coalition letter to Acting Federal Housing Administration (FHA) Commissioner, Carol Galante, asking the agency to adopt a private transfer fee rule in harmony with the final rule recently adopted by the Federal Housing Finance Agency (FHFA).
The Obama administration is currently reviewing a controversial guidance document that it says will clarify what waters of the U.S. are under federal jurisdiction.
FHA is offering a series of eight regional Webinars to ensure real estate agents and their clients have the most up-to-date information on the HUD pre-foreclosure program and other resources available to reduce foreclosures for borrowers.