RPAC Auction
2020 NAR Member Profile
Did you know:
• Sixty-five percent of REALTORS® were licensed sales agents, 22 percent held broker licenses, and 15 percent held broker associate licenses.
• The typical REALTOR® had nine years of experience, up from eight last year.
• Sixteen percent of members had at least one personal assistant.
• In 2019, the typical agent had 12 transactions, up from 11 in 2018.
MREC 2020 License Renewal Reminders
The Missouri Real Estate Commission (MREC) is the licensing authority for the state. To check your license number/status or for information, forms, a list of real estate schools, etc., http://pr.mo.gov/realestate.asp.
Freddie, Fannie Extend Aid to Landlords, Renters
With federal protections about to expire, landlords are being offered additional help as the COVID-19 pandemic continues. The Federal Housing Finance Agency said Monday that multifamily property owners currently in forbearance can request an extension of their payment suspension for three additional months. That will amount up to half a year in total.
NEW RPAC ITEMS
New-Home Sales Post Strongest May Numbers in a Decade
The new-home market is booming as states wind down sheltering-in-place restrictions, easing the search for a new home. Sales of newly built single-family homes last month jumped nearly 13% over 2019—that is the strongest May since 2007, according to newly released data from the U.S. Census Bureau.
SCCAR U July 1st- Stage to Sell
Price-Based Approach Replaces CFPB’s Debt-to-Income Limit
The National Association of REALTORS® welcomed two proposed rules by the Consumer Financial Protection Bureau on Monday in what it believes will help bring greater stability to the housing market for homebuyers.
2020 NAR Benefits and Membership card
Visit the NAR Member Center to see the benefits and download your free membership card.
Use your card to take advantage of great member benefits.
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