NEWS

We are in the business of growing your real estate business.

FEBRUARY 3, 2025

Dear Members,

 

As season begins, take advantage of the products, services, resources and support that NABOR® provides so you can perform at your highest level, exceed your customers’ expectations and thrive in today’s real estate market.

 

  • MARKET DATA helps you become a source of knowledge about the real estate market for your customers which can help them make important home buying and selling decisions.

 

  • LEGAL RESOURCES keeps you up-to-date on contracts and out of legal trouble.

 

  • RPAC (REALTORS® POLITICAL ACTION COMMITTEE) works to protect the real estate industry and private property rights.

 

  • The GOVERNMENTAL ISSUES COMMITTEE advocates for legal issues related to local and state government policies.

 

  • AFFILIATE MEMBER BUSINESS PARTNERS offer supportive services and products for you and your customers and ALLIED MEMBER BUSINESS PARTNERS provide the services crucial to your real estate transactions.

 

  • NABOR® EVENTS give you plenty of opportunities to have fun, network and make new connections with real estate professionals and business partners.

 

  • The NABOR® STORE has a variety of open-house signs, shoe covers, maps, books, REALTOR® branded products, St. Joseph statues, closing gifts and more to fulfill your real estate needs this season.

 

  • NABOR® STAFF is a dedicated team of twenty-four who provide the knowledge, resourcefulness and expertise to fulfill NABOR®'s goals and objectives.


Sincerely,


Terrilyn VanGorder

President

ANNOUNCEMENTS

MAKE YOUR SUGGESTIONS HERE

MARKET REPORT

December Report Shows Housing Market is Ready for Season


The Naples area housing market ended the year strong, dispelling whispers of falling values and reluctant buyers. The overall median closed price during December decreased 4 percent to $600,000 from $625,000 in December 2023. This decrease was driven largely by a 13.9 percent decrease in the median closed price for the condominium market to $447,750 from $520,000 in December 2023. The median closed price in the single family home market increased 2.3 percent to $767,500 from $750,000 in December 2023. Both sellers, whose confidence in the Naples housing market was demonstrated in a 26 percent increase in new listings for December; and buyers, whose appreciation of the increased inventory resulted in a 7.4 percent increase in pending sales during December, reaped the benefits of a housing market that is delivering on its reputation.

VIEW MARKET REPORT HERE

MLS TOOLS

READ MORE HERE
LEGAL RESOURCES
VIEW FORMS HERE

GUIDE TO THE NEW MANDATORY

NABOR® CONDOMINIUM ADDENDUM

By Sam Saad, Esq. and Jeff Jones

The Naples Area Board of REALTORS® (NABOR®) responded to the recent Florida Legislature changes to Florida Statute Chapter 718 which governs Condominiums. The Addendum to Sales Contract Condominium, effective January 1, 2025, is the result of the changes to the Condominium laws. This is the first time NABOR® has removed references to Chapter 718 in the body of the NABOR® Contract. The new Condominium Addendum replaces and augments the NABOR® Contract and must be included with all new submissions of the NABOR® Sales Contract to preclude the Buyers right to rescind the Contract absent signing the Condominium Addendum. 

READ MORE HERE

AI AND FRAUD

By Christian Ross, Esq. 

Cyber fraud impacted our industry most significantly when title agents, lenders and Realtors were first impersonated to redirect checks and wires. Companies like CertifID and ClosingLock were created to help combat these crimes, but unfortunately they remain a major concern. The scammers then evolved only five (5) years ago by pretending to be the Seller altogether and selling property that wasn’t actually for sale. Read the full article in the link.

READ MORE HERE

SUBJECT TO DEALS | A DANGEROUS PREDATOR

Designed to look victimless, these transactions are anything but.

By: Christian Ross, Esq. and Kevin Lottes, Esq.

For as long as there have been mortgages, there have been people trying to avoid paying them off. More recently, due in part to high interest rates and lender fees, Buyers are proposing that they buy the Seller’s property “subject to” the existing mortgage staying in place. But, is that even legal? Read the full article in the link.

READ MORE HERE

NAPLES AREA BOARD OF REALTORS®  - AWARDS AND RECOGNITION

2024 NABOR® Honor Society Application

NABOR® established an Honor Society to recognize and salute members who have met the criteria to qualify for this distinguished award. Please take this opportunity to be honored for your volunteer contributions and participation at the Naples Area Board of REALTORS® by filling out the online application. The deadline to submit your application is February 21, 2025. 

APPLY HERE

NABOR® Annual Awards Nominations

The Naples Area Board of REALTORS® recognizes the accomplishments of many outstanding members who have volunteered their time and talents to better the organization, industry and community at the annual awards banquet.

Award recipients will be announced at a luncheon scheduled for Friday, April 11, at the Naples Grande Beach Resort.


Please nominate anyone whom you believe truly deserves one or more of NABOR®’s prestigious awards. The deadline to submit your nominations is February 12, 2025.

SUBMIT NOMINATIONS HERE

EVENTS

REGISTER HERE
 IN PERSON REGISTER HERE
ZOOM REGISTER HERE
REGISTER HERE
REGISTER HERE
PURCHASE TICKETS HERE

PROFESSIONAL STANDARDS

Fair Housing Training Requirement

Beginning January 1, 2025, REALTORS® are required to complete Fair Housing/Anti-Bias Trainingcoinciding with each Code of Ethics training cycle.

 READ MORE HERE

DIGITAL COMMUNICATION

LISTEN TO PODCASTS HERE

View NABOR® VIDEOS on our YouTube Channel. Share them with your associates and customers!

REALTOR® STORE

CLASSIC ESTATE KEYS



Crafted with precision and elegance, these key blanks are made from 100% recycled brass. They embody both sustainability and luxury with their intricate detailing and superior craftsmanship. This is an accessory that complements a sophisticated lifestyle and will upgrade a home or office door lock with its high-quality and beautiful design. What a great closing gift!


For sale in the REALTOR® Store for $29!

SUPRA

If you'd like Supra e-KEY® activation services, please contact Alyssa at 239-597-1666 or alyssa@nabor.com to schedule a phone appointment.


For Supra questions and troubleshooting services, please contact supra@nabor.com, call 239-597-1666 or contact the Supra support line at 877-699-6787.

PROFESSIONAL DEVELOPMENT

A full range of classes are available for your professional development. Many are free or at a very low cost. View the class schedule at the link on the right.

VIEW THE NEC CLASS SCHEDULE HERE
MESSAGE FROM THE CEO

Hello. Season is in full swing and NABOR® is keeping busy providing classes, services and products to support your business. Please make note of the following valuable presentations.


Feb 7 – MLS Learning Lab: Learn how to create and edit a listing

Feb. 10 – Lunch and Learn: Surviving Condo Sales

Feb. 14 – NABOR® Sales Contract Training

Feb. 20 – FR/BAR Contract Training

Feb. 24 – NABOR® Listing Contract Training

Feb. 28 – Year-End Real Estate Market Conference


Board Motions:


MOTION: Made, seconded, and carried that the Board of Directors of the Naples Area Board of REALTORS® and Association of Real Estate Professionals, Inc. (NABOR®) approve all Board of Director members to attend MLS Committee and Budget and Finance Committee meeting every month by zoom, off camera, with no permission required from the chair.


MOTION: Made, seconded, and carried that the Board of Directors of the Naples Area Board of REALTORS® and Association of Real Estate Professionals, Inc. (NABOR®) approve the Professional Standards Committee names submitted.


MOTION: Made, seconded and carried that MLS Committee recommends to, and the Board of Directors of the Naples Area Board of REALTORS® and Association of Real Estate Professionals, Inc. (NABOR®) to allow SDE (Sold Comp) listings to be distributed in the IDX data feeds.


MOTION: Made, seconded, and carried that the Board of Directors of the Naples Area Board of REALTORS® and Association of Real Estate Professionals, Inc. (NABOR®) approve sending the MLS of Naples listing data, to RPR for distribution on their platform. This agreement can be cancelled at any time.


MOTION: Made, seconded, and carried that the Board of Directors of the Naples Area Board of REALTORS® and Association of Real Estate Professionals, Inc. (NABOR®) approve creation of a task force, in MLS, to review and recommend a policy dealing with the fines procedures and a policy dealing with the waiver process. The task force members are not limited to the current committee members.


MOTION: Made, seconded, and carried that the Board of Directors of the Naples Area Board of REALTORS® and Association of Real Estate Professionals, Inc. (NABOR®) approve conducting the required reforecasting for tax purposes, however only reforecast the dues amounts, and document the board approved committee budget modifications, and provide this report to the Board of Directors.


MOTION: Made, seconded, and carried that the Board of Directors of the Naples Area Board of REALTORS® and Association of Real Estate Professionals, Inc. (NABOR®) approve creation a task force regarding the Costa Rica Ambassador program with NABOR. Treasurer Wright and Director Davidow Co-Chair it.

We appreciate your membership and strive to help you grow your business.


Sincerely,


MARTY MANION, CAE, RCE, CIPS

Chief Executive Officer

BUSINESS PARTNERS

PLATINUM SPONSORS

GOLD SPONSORS

Goodwin Law, P.A

Sterling Custom Homes & Renovations

Venture Title Services


BRONZE SPONSOR

Hughes Exterminators

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