June 2020
News Spotlight
CE and Community Support
NMAR is planning a three-hour Legal Update CE session taught by Ashley Strauss Martin. The virtual class will be held July 30, 2020, 9:00 a.m. to Noon. Cost for the class will be $50 with all proceeds donated to New Mexico's First Responders. Mark your calendar now and watch for registration information.

Registration details coming soon!
Understand the Legal Risks in a New Normal
Although consumers are eager for physical home tours and open houses to resume , it’s important to know what COVID-19 restrictions remain in place in New Mexico . In a video from NAR’s “Pivot in Place” series, Lesley Muchow, NAR’s deputy general counsel and vice president of legal affairs, discusses your legal duties to keep clients safe during the course of real estate transactions and best practices for mitigating your risk.
June is Homeownership Month
As June is Homeownership Month , now is a good time not only to review all your obligations under the Fair Housing Act, but also to push yourself toward a greater understanding of your own hidden biases. To that end, NAR has worked with the Perception Institute to create a new training video, “Bias Override: Overcoming Barriers to Fair Housing.” The video explains how our brains’ associations with stereotypes can cause us to treat people unfairly—even if we have good intentions.
Notice to Members
NMAR Website Feedback Survey
We want your feedback! We're building a new website for our members, and before we get started, we want your input! Please take a minute or two to complete our short survey. It's fast and easy, and will help guide us to improve our website, for you, our member!

NMAR Legal Hotline
The NMAR Legal hotline is on break from June 15-19, and will be open starting next week! In the meantime, you can access your legal resources on our website.
Housing Trends
May 2020 Housing Stats
New Mexico's statewide average of 54 days-on-market for May is the lowest number of days from listing to sale since NMAR started tracking this statistic in 2018.

Consumers Value a REALTORS®' Guidance
In a recent NAR survey, part of a series of surveys exploring how home buyers and sellers want to safely handle home sales transactions during the COVID-19 pandemic, data shows a majority of buyers (54%) and sellers (62%) said that particularly during the pandemic, a real estate agent’s guidance is especially valued.

Special Session Scheduled
The New Mexico Legislature will meet in special session beginning June 18. The main purpose of the session is to modify the state budget which takes effect July 1. The Governor will also ask the Legislature to consider tax relief for individuals, loans for small businesses and local governments, police reform and election improvements, among other topics.

Committee meetings and floor sessions of the House and Senate during the special session will be webcast. Watch the live webcast of special session here
NAR Advocates Every Day for REALTORS® and Property Owners
In Washington, D.C. both the House and the Senate are in session this week and several issues are on NAR’s radar. NAR is submitting a letter in the Markup of Invest in America Act and is providing a statement on the Paycheck Protection Program Loan Forgiveness. NAR also submitting input on the Worker/Family Tax Relief During COVID-19 Recession.

NMAR Annual Meetings
As you may know, the New Mexico Housing Summit has been postponed until 2021. That means NMAR’s Fall Conference is being replaced with virtual annual meetings. Tentative dates are:

  • NMAR Board of Directors – August 27, 10 a.m.
  • RPAC-NM – August 28, 10 a.m.
  • Benevolent Fund – August 26, 10 a.m.
  • Stanley H. Mathis Foundation – August 26, 1:30 p.m.

Watch for more information.

Virtual Tech Edge Series
NAR is proud to announce the first-ever Virtual Tech Edge Series—brought to you in three exciting live-streamed events starting June 30! REALTORS® will learn the latest business technology skills and trends influencing the real estate industry. Save 25% off with "Right Tools, Right Now" special pricing, $14.95 for each event.

NAR Conference & Expo
Registration is still pending for NAR’s November Conference and Expo in New Orleans as NAR is waiting for data and guidance from local authorities and health officials. The event is still planned as NAR continues to monitor the situation and final decisions will be made soon.

Member Resources