Message from the President and CEO
LOUISIANA REALTORS • March 23, 2020
Louisiana REALTORS® continues to closely monitor the quickly developing effects of the Coronavirus (COVID-19) pandemic. Over the weekend, LR sent letters to the Governor, the Louisiana Tax Assessors' Association and the Louisiana Clerks of Court Association urging the collaboration of government entities that are crital to the transaction. View the below video message from Norman Morris, CEO providing an update and list of things available to you to help you navigate these times.
Starting at 5:00 pm TODAY, March 23, 2020, a statewide Stay at Home Order
goes into effect. We have provided some general guidance and answers about how does this order impact real estate. The guidance addresses the following:
- Does the Governor’s Stay at Home Order mean I cannot conduct business?
- Can we still conduct real estate closings?
- Can I still hold open houses on listed properties or show houses?
We encourage brokers and managers to contact their agents and support staff to determine a plan of action on how best to serve their clients through remote and virtual methods and how to conduct business while also following the Governor’s Order and the CDC’s guidelines on group gatherings. If you have transactions and timelines that are potentially impacted, put to use the Coronavirus Amendment
that has been drafted.
We wish for everyone to take these precautions seriously and remain in good health and positivity to navigate this challenge together!
Association emphasizes lower monthly expenses, more housing options and practical relief for Louisiana families.
Want Your Teen to Own a Home Someday? Start Talking Money Now Teens may not be thinking about mortgage rates or down payments just yet, but the money habits they’re building now can follow them for years. And 88% of teens surveyed by Fannie Mae and Junior Achievement said they want to own a home someday. This week’s Consumer Guide: Talk to Your Teens About Money and Homeownership makes those conversations a little easier, covering everything from credit scores and budgeting to debt, renting versus owning and saving for that eventual down payment. So yes, you may have to interrupt the doomscrolling. But helping teens get smarter about money today could put them in a much better position to get the keys to a home of their own down the road. Download all of NAR’s Consumer Guides in English or Spanish at facts.realtor. For ease of reference, below is a list of the most recent guides: NEW: Teen Financial Literacy Fraud Red Flags Helping Family Members Become Homeowners Prepare Your Home for Hurricane Season Condominium Insurance Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their home buying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. The next Consumer Guide, scheduled for publication on Oct. 21, will cover winter cold and storm preparedness.
Homeownership Is on Louisiana's November Ballot
