There have been a number of developments in Washington, DC to share with you. TAX REFORM: Both the House and Senate have named the members of the conference committee. The committee will begin meeting next week, its goal is to send a final bill to the President by December 15, 2017. NAR will continue to run the Call for Action until the...
On Thursday, October 22, 2015, the House of Representatives Transportation and Infrastructure Committee will begin consideration on the surface transportation re-authorization legislation. One proposal would use Fannie Mae and Freddie Mac's credit risk guarantee fees to fund transportation programs. NAR and CAR strongly believe that a new tax on homeowners would also prevent Fannie Mae and Freddie Mac from effectively managing...
Next week the U.S. House of Representatives is scheduled to vote on H.R. 9 - The Innovation Act of 2015 which will take vital steps to protect the real estate industry from frivolous lawsuits brought by patent trolls. It is critical that you urge your Member of Congress to support this important legislation. Contact your Member of Congress to Stop Patent...
Consumer Financial Protection Bureau (CFPB) announced that it would be “sensitive” to companies that make a good-faith effort to comply with the new Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure (TRID) regulation that goes into effect on August 1, 2015. This is a welcome development that can be compared to the effective CFPB implementation of...
Original article posted in Denver Business Journal. See the article by clicking here, or read the highlights in our post below. Tyrone Adams — a few weeks into his appointment as president of the Colorado Association of REALTORS — talked about the challenges facing the residential real estate industry and how he plans to help members deal with those challenges. He also talked about Senate...
It has been almost one year since the National Association of REALTORS® (NAR) initiated Core Standards for local and state associations. The Core Standards were put in place as an effort to align all three levels of the REALTOR® organization and provide the highest level of quality service to members. The vision for Core Standards is to strengthen and unity...
NAR has officially approved the merger of the REALTORS® of Central Colorado and the San Luis Valley Board of REALTORS®. The merger was official as of April 1st. The association will retain the name REALTORS® of Central Colorado, Inc. Territorial jurisdictions will be within thecounties of Chaffee, Alamosa, Costilla, Rio Grande, Conejos, and Saguache Counties and a portion of Mineral County...
The Colorado Association of REALTORS® on Tuesday named Tyrone Adams chief executive, promoting the longtime CAR employee from his role of vice president of member services. Adams will oversee all aspects of the 21,000-member real estate trade organization. Since joining CAR in 1993, the University of Northern Colorado graduate has been instrumental in development and implementation of member programs, education initiatives, communications strategies...
All real estate licensees are not the same. In Colorado every real estate broker is licensed by the State, but only those licensees who are members of the National Association of REALTORS® are properly called REALTORS®. By joining the REALTOR® Association, members have agreed to subscribe to a strict Code of Ethics and are expected to maintain a higher level of knowledge...
Randy Reynolds, a broker associate with Berkshire Hathaway Home Services Rocky Mountain in Colorado Springs, was named Colorado Realtor of the Year by the Colorado Association of Realtors (CAR) at its 94th annual convention in Denver. The award is the most prestigious award given to a CAR member and is a culmination of a distinguished career within the Realtor organization—...