Update ~ May 20, 2020

Here is the recap along with the handouts from our May Company Meeting…

Judy – TC Service – Compliance

TURN IN YOUR FILES WITHIN 72 HOURS of Contract Dates

Green Valley Transfer Update

We are waiting for reimbursement of the $75 deposits and will reimburse those who paid $75 at that time
GV Listings: We need all Listing Transfer forms signed by this week, This applies to ER, UC listings in GV
Michelle to mail in all transfer paperwork to the RE Division by Friday
All supplies, signs and other items to be moves to Sahara next Tuesday,

NEW LISTING AGREEMENT – incorporates the MLS Clear Cooperation Policy. We will let you know when we will start using this updated form in Dotloop.

EM Disputes – The Process

We should never tell a client that they will automatically get their EM back – even if they are within their due diligence or other clauses in the RPA.
Even though there is language to that effect in RPA, Escrow will only release EM upon mutual written instructions.
Should a seller refuse to release EM for any reason – this is the process:
- The complainant can apply for mediation through LVR ($250) or the Neighborhood Justice Center (NJC -free for Clark County residents!). See attachments for more info
- The NJC process is pretty straightforward – the complainant completes the attached form (disregard the third party authorization area). It will take 2-3 days for a case manager assigned to contact the complainant. Then they contact the respondent and set a mediation date.

We try to get both parties to agree at our level – broker to broker
If there is a stalemate and neither party will compromise or seller doesn’t release the EM or buyer won’t release to seller when out of contract – MEDIATION is the next step!

Latest Governor’s Directives – NVR Updates impacting Real Estate

TENANT OCCUPIED PROPERTIES – No showings or open houses until May 30th – then we see if it is lifted or extended

Can I host open houses, beginning on May 16th for seller occupied or vacant properties?

Nothing has changed as far as the Governor’s guidance on no open houses at this time. The ONLY thing that has changed is his directive has been extended until May 30th. In addition, REALTORS® should make every effort to avoid in-person transactions and services to the extent practicable. While you as a REALTOR® are still deemed an essential service, how you conduct yourself at this time could potentially impact that designation in the coming weeks and months. Although one-on-one showings are still allowed in non-tenant occupied properties, be sure to adopt precautionary measures and COVID-19 risk mitigation practices to minimize the risk of the spread of the disease.

When open house activity does resume after May 30th*, it is imperative that everyone follows proper social distancing guidelines as prescribed by the CDC including:

Limiting the number of people in the property at one time and limiting the number of people to no more than 10 congregating outside the property;
Using Strict sanitation measures, including cleaning in between potential buyers viewing the property;
Promote frequent and thorough hand washing, including visitors with a place to wash their hands. If soap and running water are not immediately available, provide alcohol‐based hand rubs containing at least 60% alcohol.
PPE usage- Any employee, or agent of the brokerage who interacts with the general public is encouraged to wear appropriate face coverings/masks and proper PPE;
Monitoring illness- Anyone sick, feeling sick, or recently sick should stay home.