Member News - Special Edition April 6, 2020
CORE
The
office will be closed this Friday, April 10
, in observance of Good Friday, which is a NJ state holiday.
Be careful with your Zoom meeting settings
- see Washington Post story
here.
Area MLSs
Bright
Access the Bright MLS weekly summary report
here
- includes overviews on inventory and status changes, local market activity links, and more.
Bright Steps: Your Virtual Toolkit
Now more than ever, you are likely trying to determine what tools you need to manage your work remotely. Click
here
to view a comprehensive list of tools to help you move your business forward while practicing social distancing.
Did you miss Bright’s recent Status Webinar?
The
first webinar filled up fast. If you missed it,
watch the video
now. View upcoming webinars
here.
Bright
has compiled
COVID-19 resources
and information for you to use and share, including links to state resources, the exclusive Bright Steps Market Update report and more. Click
here
for the latest information.
State
NJ Realtors
- If you haven't seen the latest
Unemployment FAQs
, click
here to view
(revised as of 4/6). Real Estate FAQs are on the same page.
National
NAR - Longer Rollout for SBA Relief Loans?
Critical guidance is still needed for the lending community to process the expected surge of aid requests. Click
here
for more info.
NAR - Fannie, Freddie Allow Appraisal Alternatives
To reduce the need for appraisers to conduct interior property inspections, the Federal Housing Finance Authority has instructed Fannie Mae and Freddie Mac to permit different types of valuations for eligible mortgages through May 17. Click
here
to view the directive.
NAR - Funds Members TeleHealth for REALTORS
In response to the current health crisis, starting right now,
NAR is supporting members by funding two months of Members
TeleHealth
as a benefit for those who do not currently have access to telemedicine through their insurance or Medicare plan.
Enrollment is limited. Sign up by April 15.
Learn more here.
NAR - Drive-Thru Closings: The Sale Must Go On
Real estate professionals find creative ways to keep closings on track as transactions disrupted amid the coronavirus outbreak.
Read more.
NAR has just created an
FAQ page
with information on the impact of the COVID-19 on
Mortgage and Finance
as well
as the response from Congress, the administrative, and the Administration. This includes answers to home buyer questions, home seller/landlord questions, and personal finance questions.
RIS Media - How to Get Appointments Fast on Your New Virtual Platform
Shift Your Business to Online, Quickly and Easily. Click
here to read more
.
NAR - FAQs on Unemployment Assistance under the CARES Act
is now available, click
here
for info. To see the PDF, click
here
.
NAR - Home Office Expected to Become Essential for Home Buyers
But for now,
share these tips
with your clients for setting up an efficient workspace at home.
NAR - Homeowners, Renters Run Into Insurance Snags
Experts advise consumers to review their policies for coverage and liability during the COVID-19 outbreak.
Read more.