Notice to Members
Addendum/Amendment Coronavirus Contingency Form
NMAR General Counsel, Ashley Strauss-Martin, provides legal information on how to deal with transactions among the Covid-19 pandemic, as well as an Addendum/Amendment (Form 1500) that you can use now with your transactions.

Real Estate Transaction and Practice Amid the Covid-19 Virus
Ashley Strauss-Martin, NMAR's General Counsel, provides you with guidance for your open houses and showings, as well as a review of the Federal and State Fair Housing Act and Tenant Evictions.

Leadership Opportunities - Apply now!
The New Mexico Association of REALTORS® is currently seeking applications for leadership positions. The terms begin January 1, 2021 and application deadline is May 15, 2020. Step up to leadership now!

Housing Trends
February 2020 Sales Statistics
Numbers reported to the New Mexico Association of REALTORS (NMAR) for February 2020 continue the trends of the last several years. Number of sales are on the increase and median prices continue to rise...

Legislation Updates
Home Inspector License Act (HIL)
Jeff Gorum, CMI, Chairman of the New Mexico Home Inspector Licensing Board provides a statement regarding status of Home Inspector Licensing in New Mexico.

Fannie, Freddie, FHA Suspend All Foreclosures and Evictions
Foreclosures and evictions for mortgages insured by the Federal Housing Administration, Fannie Mae, and Freddie Mac will be suspended for several weeks in response to the coronavirus outbreak...

Events
Meeting and Event Updates!
Times are a changing...keep an eye on our online calendar for the latest updates on meetings, local and national events, and course offerings.

2020 REALTORS® Legislative Meetings Go Virtual
Going virtual.. .NAR to Deliver Virtual Solutions for 2020 REALTORS® Legislative Meetings and Trade Expo...


News Spotlight
Coronavirus & NMAR HQ
The health, welfare, and safety of our staff and members is of the utmost importance. Starting March 23, 2020, the NMAR staff will be working from home Mondays, Wednesdays, and Fridays and at the office from 9:00 a.m. to 3:00 p.m. Tuesdays and Thursdays until further notice. Staff will be available via email, and scheduled Zoom/teleconference meetings will go on as scheduled. 

2020 NAR Flash Survey - buyer's and seller's behavior changing?
NAR Survey finds nearly half of REALTORS® say home buyer interest has decreased due to the coronavirus outbreak...that percentage tripled from a week ago when it stood at 16% ...t he decline in confidence related to the direction of the economy coupled with...

Membership Benefits
Forms Update
New NMAR Forms coming soon*:
  • Form 2115 Bill of Sale Personal Property
  • Form 2314 Radon Information Sheet
  • Form 2504 Acknowledgement of Transfer of Purchase Agreement
  • Form 4660 Seller Bonus to Buyer's Broker
  • Form 5119 Inspector Copyright Release
*Members will receive an email by the end of March, which will include a full synopsis of new forms and samples . Forms will be released two weeks later.
www.nmrealtor.com