This article is provided for informational purposes only. Readers should consult their legal counsel when making decisions about business practices. On June 19, 2024, Governor Landry signed Louisiana Act 690 of the 2024 Legislative Session into law. Originally titled HB366 and authored by Hon. Paula Davis (R-69) of Baton Rouge, the legislation requires all Louisiana real estate licensees to execute …
The leadership of the Gulf South Real Estate Information Network encourages you, as a REALTOR® member, to submit your name as a candidate for the 2025 governing board. Serving as a Director on the GSREIN Board means becoming a steward of our local information marketplace, powered by ROAM MLS, and helping to shape and guide its future. Your participation is …
UPDATE: Funeral arrangements for Jacquelyn Brechtel Clarkson NEW ORLEANS, LA – An ecumenical funeral service will be held at St. Louis Cathedral, 615 Pere Antoine Alley, New Orleans, LA at 2pm on Tuesday, July 9, 2024. Visitation will be held at the WWII Museum, Freedom Pavilion (Red Door Firehouse Entrance at 1043 Magazine Street, New Orleans, LA) on Monday, July 8th, …
The leadership of the New Orleans Metropolitan Association of REALTORS® encourages you, as a REALTOR® member, to submit your name as a candidate for the Board of Directors. NOMAR Directors are passionate and invested volunteers whose strategic vision forms the foundation of NOMAR and informs all that we do, as we strive to be the indispensable resource for our members …
Ahead of the NAR settlement (opens in new window) implementation deadline, we want to provide a brief update on how the forthcoming mandated policy changes will affect our REALTOR® members and MLS Participants/Subscribers. Effective midnight on Thursday, August 15, 2024, compensation fields will no longer be available at any level (list, active, sold) for any property type (residential, lease, commercial) …
WASHINGTON (June 11, 2024) – National Association of Realtors® President Kevin Sears issued the following statement in response to the Department of Veterans Affairs (VA) announcement of a “Buyer-Broker Agent Temporary Local Variance Circular”: “The VA’s home loan guaranty is the only program that explicitly bans buyers from directly paying for professional real estate representation. We applaud the VA for revising this policy and allowing veterans …
NEW ORLEANS (June 3, 2024)—In celebration of Homeownership Month and Pride this June, the New Orleans Metropolitan Association of REALTORS® (NOMAR) announced a lineup of educational seminars for real estate professionals and the public. Presented by the association’s Diversity, Equity, and Inclusion Committee in partnership with Hancock Whitney, the celebration of Homeownership Month aims to foster diverse communities and empower …
The Department of Veterans Affairs plans to temporarily lift its ban on buyers directly paying for professional real estate representation until the agency deems it necessary to engage in a formal rulemaking process, a VA official said Tuesday, May 21, 2024, at a Mortgage Bankers Association conference in New York. Although not an official announcement, the comments from VA Deputy …
NEW ORLEANS (May 9, 2024) – Home prices in New Orleans rose in the first quarter of 2024 as the 30-year fixed mortgage rate ranged from 6.60% to 6.94%, according to the National Association of Realtors®’ latest quarterly report. Compared to one year ago, the median single-family existing-home price in New Orleans climbed by 4.7% to $277,700. “After a soft …
HUD Increases Wind and Named Storm Insurance Coverage Deductible Amount April 18, 2024 — HUD’s Office of Multifamily Housing published a Mortgagee Letter & Housing Notice, revising the Federal Housing Administration (FHA) Multifamily property insurance requirements for wind and named storm coverage by increasing the maximum casualty insurance deductible amount for wind or named storm coverage to the greater of …
All REALTORS® must complete an approved Code of Ethics course between January 1, 2022-December 31, 2024 to maintain REALTOR® membership. You can verify your Ethics completion here (link is external).
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