The annual convention for the National Association of Realtors wraps up today after four whirlwind days featuring 200 sessions. Senior Real Estate Reporter Matthew Blake has been covering the event, attending sessions for all of us unfortunate enough not to be in San Diego over a sunny weekend.
The trade association has been grappling with some weighty issues over the last year, including rapidly inflating home prices, how bias plays into the appraisal process, and ongoing drama with the Department of Justice, which settled anantitrust lawsuit against NAR in November 2020 only towithdraw from that settlement in July. NAR addressed those issues head-on, as Blake reports:
"Topics range from the overlap of blockchain and real estate to mental wellness for real estate professionals. Sessions on matters like 'Federal issues in real estate' (more on that shortly) were standing-room-only affairs, and lines snaked yards for use of convention center escalators. Still, NAR President Charlie Oppler perhaps set the tone inremarks Friday morning focused upon the racial homeownership gap."
Tackling another thorny issue, it looks like NAR will move forward with a requirement that real estate agents representing homebuyers publicize their expected sales commission. Read all about thathere.
At a cavernous convention center in San Diego, the National Association of Realtors held over 200 sessions for agents. A central theme was NAR's reckoning with the legacy of racial bias.
The mortgage market has taken a few turns over the last year, but one thing remains constant – be prepared. Computershare Loan Services can help strengthen your operations with end-to-end and component fulfillment to get your borrowers to the closing table on time. Read More!
Housing market conditions are changing in ways that may increase fraud risk and fraud schemes are becoming increasingly sophisticated, with fraudsters falsifying employment, income, property occupancy and identities. This white paper covers new fraud schemes in mortgage lending as well as solutions for fraud detection.
HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039
EmoticonEmoticon