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

CORRECTION: The correct time the Country Club Expo will be held on Friday, June 6 is 9:00 am until 12:00 pm at NABOR®. You can register for this event below. We regret the incorrect time was published previously as 10:00 am until 3:00 pm.

JUNE 2, 2025

Dear Members,

Take your education further at NABOR®. We offer top-quality courses designed to enhance your expertise, improve your customer service and support business growth. Invest in your professional development to stay current and increase your earning potential.

You need CE classes. Why not take them at NABOR®? The CE credits you earn can help fulfill your mandated credits. Plus, most classes are either free or at a very low cost. By taking designation or certification classes at NABOR®, you will:

• Distinguish yourself with the designations or certifications you earn
• Improve your skills and knowledge
• Boost your credibility
• Move ahead of the competition

Learning never stops at NABOR®. I encourage you to capitalize on the educational opportunities that NABOR® offers throughout the entire year. Enhancing your education and acquiring more credentials can lead to attracting more customers and securing

more deals.

Sincerely,

Terrilyn VanGorder

President

MARKET REPORT

APRIL HOUSING MARKET ENJOYED A SHOWER OF BUYERS

April enjoyed the highest number of overall closed sales compared to data reported for all prior months in 2025. This activity made a nice dent in the overall inventory of homes for sale in the Naples area housing market, which has been on the rise since 2022. According to the April 2025 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), overall closed sales decreased 12.3 percent to 893 closed sales compared to 1,018 closed sales in April 2024, but increased 8.9 percent compared to 820 closed sales in March 2025. 

KEY UPDATES TO FLORIDA CONDOMINIUM LAWS FOR REALTORS®

By Sam Saad, Esq & Charles Whittington, Esq.

Florida’s condominium laws have undergone significant changes in recent years, with 2025 being no exception, driven by the 2021 Surfside collapse and aimed at enhancing safety, transparency, and governance. These 2025 updates, most notably HB 913, impact condo sales, disclosures, and client advising. Below is a concise overview to keep you informed and help you guide buyers and sellers effectively.

1. Review of Condominium Documents and Buyer’s Right of Rescission

•Rescission Period. HB 913 included a subtle but very important change to the time periods practitioners are used to dealing with in connection with the purchase and sale of condominium units in Florida. Beginning on July 1, 2025, buyer will have seven (7) days, increased from three (3), after receipt of all required association documents to rescind the contract.

•Impact for Realtors: Listing realtors will need to obtain all required documents from the association and insure these documents are provided to the buyer as soon as possible to start the 7 day rescission period. Realtors will need to educate their clients to understand the impact of this change. (read more in the link)

THE DIFFERENCE BETWEEN "COMPENSATION" AND A "CONCESSION' AND HOW TO DOCUMENT IT USING NABOR® CONTRACT FORMS 

By Carrie Lademan, Esq. & William G Morris, Esq.

The National Association of Realtors® (NAR) Settlement created some changes to our real estate business practices to preserve consumer choices regarding real estate services and provide greater transparency relating to broker compensation for those services. Different terminology and a multitude of new forms have understandably created confusion among real estate Sales Associates. For example, “commission” is now called “compensation” and a “credit” is now called a “concession”.

Lets break those two terms down a little further.

OPEN PERMITS - A SOLUTION OF LAST RESORT

By Donald K. Ross, Esq. & William G Morris, Esq.

Open permits have been a constant headache for Realtors®, attorneys, and closing companies since they were added to the NABOR® contract in 2016. Closers were inundated with open permits, many being quite old. To make matters worse, some permits related to construction improvements that no longer existed. For example, a 15 year old open permit for an air conditioner might be superseded by a new permit, properly closed, for a newer air conditioner. The old air conditioner was replaced.

Experienced closers quickly adapted, and in most cases successfully closed the transactions. Often the seller was able to close the permit, in some cases that was not possible. What then? Many buyers closed if the open permit involved an improvement like the 15 year old air conditioner discussed earlier. Proper legal advice, context, the age of the work, and the extent of the work all played a role.  

EVENTS

MLS TOOLS

PROFESSIONAL STANDARDS

FAIR HOUSING TRAINING REQUIREMENT

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

DIGITAL COMMUNICATION

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.

Members,

And just like that, 2025 is almost half over! NABOR® has been actively working to provide you with the best education and services for your membership investment. Below are the upcoming events. I am thrilled that you are a member and the staff and I look forward to providing you with the resources you need to succeed in your business.

June 4 - NABOR® Listing Contract Training

June 6 – Country Club Expo

June-9 – 13 – The CIPS Institute

June 16 – Lunch and Learn – Condo Basics

June 16 – Lunch and Learn – Reviewing the Appraisal

June 18 – NABOR® Addendum and Amendments

June 19 – Understanding the NABOR® Buyer Brokerage Agreements – in Spanish – ZOOM

June 20 – Cyber Security – Staying Safe in a Tech Centered World - ZOOM

June 21 – Family Fun Day

June 26 – NABOR® Sales Contract Training

Motions:

MOTION: Made, seconded, and carried that the MLS Committee recommends to, the Board of Directors of the Naples Area Board of REALTORS® and Real Estate Professionals, Inc. (NABOR®) to approve the Fine Waiver Procedure Policy with the changes discussed and with final legal counsel review and approval.

MOTION: Made, seconded, and carried that the Professional Development Committee recommends to the Board of Directors of the Naples Area Board of REALTORS® and Real Estate Professionals ,Inc. (NABOR®) to approve an increase of an additional $1,000.00, to the Professional Development Discretionary Fund, for an educational Zoom course titled ‘Strategies for Success’ taught by Patti Ketchum.

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

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