In response to the growing concerns about COVID-19, commonly referred to as coronavirus, we hope this dedicated page will provide guidance to help REALTORS® and REALTOR® associations respond to the coronavirus’s impact on our industry.
Latest Updates
– NAR has updated the PPP Loan guidance into accessible one-pagers on the following topics: PPP Loan Overview, PPP Second-Draw Loans, PPP Forgiveness, and PPP for 501(c)(6).
– On December 21, 2020, Congress struck a deal on a nearly $900 billion coronavirus relief bill for a new round of support. President Trump signed the bill on December 27, 2020. Read a short summary of the bill and the more in-depth summary of the major provisions of that bill impacting REALTORS®.
The National Association of REALTORS® is providing guidance to help REALTORS® respond to COVID-19 – commonly referred to as coronavirus – and its impact on the real estate industry and real estate transactions. Any updates from NAR and its response to the coronavirus emergency will be collected on this page. You can also type your questions in the COVID-19 Chatbot to get answers on a variety of issues related to the pandemic and how it affects you and your business. NAR has issued information and guidance for the following:
Coronavirus Guidance for REALTORS® | Property Owners | Commercial Real Estate | Employers | Workplace Re-Entry | MLSs | REALTOR® Associations | Sample Preparedness Plan
Read details about the federal government’s actions and its effect on real estate professionals:
Recent Articles
Coop Fees for BA, SA, TB
Listing agents have an ethical duty to look after the seller's best interests. Ensure that sellers understand that cooperative compensation should meet the seller's goals of selling timely and at desired terms while mitigating risks. [...]
Ethics Case 12-9 Investment/Profit Guarantee/Promises in Advertising
Case #12-9: Unethical Advertising REALTOR® A posted an ad on his website soliciting $15,000 investments in a “sure thing.” The ad explained that he was seeking only ten investors at $15,000 each; that each investor [...]
SC Housing $8000 DPA
https://www.schousing.com/Home/County-First-Initiative County First Initiative Why choose a County First mortgage? SC Housing believes that every citizen in South Carolina deserves the opportunity to own their own home. County First is a rural initiative designed to [...]
NAR Legal on Multiple Offers
https://www.nar.realtor/videos/window-to-the-law/how-to-handle-multiple-offers NAR top three takeaways: 1. Sellers make the decisions. 2. Do not read, transmit buyer "love letters" due to fair housing risks. 3. Clients make decisions. Remind buyers that they may not know about [...]
ADA Website Compliance – Risk Management
https://consumerfsblog.com/2020/09/calif-app-court-4th-dist-rejects-jurisdictional-challenge-in-website-accessibility-case/ https://www.bicycleretailer.com/retail-news/2020/07/30/california-retailers-threatened-lawsuits-over-their-websites-ada-compliance#.X1D8dGdKhfU The second link has some interesting comments in the comments section. Posted by: Byron King on 09/03/20 (This information is only accurate as of 09/03/20. You must contact SCR for updates and changes [...]
LLR Board Order Dated 7/23/20 (LA signing as Seller)
LLR Consent Agreement Dated 7/23/20 https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=19 Posted by: Byron King on 09/02/20 (This information is only accurate as of 09/02/20. You must contact SCR for updates and changes to this information after 09/02/20 as laws [...]