RECAP: 2018 Legislative Session (Week 1)

The first week of the 2018 Legislative Regular Session is over and very few substantive bills have been moved to the House or Senate floor.  It is expected that many bills will be heard in committee next week and things will start moving at a faster pace. Louisiana REALTORS® will provide regular updates on items throughout session. 

Introducing Louisiana First Home

Introducing Louisiana First Home

Many aspiring first-time homebuyers find it hard to save for a down payment, especially with young families that are heavily burdened by student debt. The Louisiana First-Time Home Buyer Program would offer the help families need to buy their first home by reimbursing a portion of the first-time homebuyer’s closing costs and down payment and ultimately help boost our economy.

Louisiana REALTORS® Resource - (03-05-2018)

A copy of content and information provided in the March 5, 2018 email of the Louisiana REALTOR®  Resource - the publication for REALTORS striving for excellence! 


A copy of content and information provided in the February 19, 2018 email of the Louisiana REALTOR®  Resource - the publication for REALTORS striving for excellence! 

2018 Legislative Special Session

Norman Morris, CEO along with 2018 LR President, Pam Testroet and Director of Legal & Government Affairs, Kim Callaway take a quick minute to discuss why REALTORS® need to ENGAGE and be READY to ACT as the state legislature convenes for a Special Session beginning Monday, February 19 to address the state's $1B budget deficit.

Residential Agreement to Buy or Sell Revision

Louisiana REALTORS® along with the Louisiana Real Estate Commission will convene a group to review the Residential Agreement to Buy or Sell and address revisions or additions to the form

How to Get the Most Out of the New Tax Laws

Louisiana REALTORS® is providing a webinar with Former IRS attorney, Sandy Botkin as part of a member benefit partnership with TaxBot. The Tax Cuts Act was the biggest overhaul to the tax system in 3 decades. And it has fundamentally changed the tax game for self-employed people. Registration is open and we anticipate the demand for this timely information to be high. 

Government Shut Down and REALTORS

Congress has failed to approve a Continuing Resolution (CR) providing funding for most government operations. Therefore, spending authority for most of the government expired at midnight on January 19, 2018. Until legislation providing for funding is signed into law, many offices and programs of the federal government are now shut down.

Award Nominations

Nominations are now open for Louisiana REALTORS® REALTOR® of the Year & Lawrence R. DeMarcay, Jr. Distinguished Service Award. Nominees can be submitted and recipients will be recognized at a luncheon during the Spring Into Action Conference held in April. Both awards are aimed to showcase an individual who has volunteered their time in service of the real estate industry. Deadline to submit nomindations is March 1, 2018.

2018 LR Leadership Application - Now Available

Louisiana REALTORS® LR Leadership program is now taking applicants for the 2018 class. This highly regarded leadership program has been in place since 2000 and has graduated over 200 alumni that represent practitioners in all aspects of the real estate industry.

LREC Revises Property Disclosure Document

LR has prepared a Legal Line article highlighting key changes to the Property Disclosure form as well as link to an article summarizing the legal case that gave rise to the changes to the form. In addition to these articles, you can access a clean copy of the new form and a “red-lined” version of the form so you can see what changes were made to the form.

New Member Service: Tech Helpline

Louisiana REALTORS® launched a new member benefit, Tech Helpline, as of January 2, 2018. The service provides U.S. Based Tech Support to help troubleshoot and resolve challenges with office and personal tech devices.

Real Estate Scheme Costs a Couple Life Savings

A fraudster posing as a real estate agent sent a couple an email asking for cash. Now, the couple may lose their entire life's savings. The Browns, anxious to move into their new home, received an email that appeared to be from their real estate agent and title company. The message asked them to wire the funds. "We were so eager to get everything done in a hurry so we could move," Anne Brown said. 

Ransomware- Think Before You Click

Over the past year, no information security concern has demanded more media and corporate attention than ransomware.  The evolution of this threat from an ineffective nuisance to a sophisticated business model generating hundreds of millions of dollars for hackers has been impressive to say the least, and the number and frequency of attacks are on the rise.

Update on Tax Reform & Provisions of Interest to REALTORS®

The National Association of REALTORS® has moved the tax reform bill in the right direction through it's advocacy efforts and the REALTOR® members who responded to Calls for Action. The conference committee has made some important improvements to the House and Senate legislation that ultimately will benefit some homeowners and communities. You can view the Provisions of Interest to NAR and its Members along with additional information

The Ins and Outs of Public Private Partnerships

Hosted by ULI- Louisiana and the E.J. Ourso College of Business. This three-hour symposium has been programmed to help you plan successful Public Private Partnerships or P3s. Our local participating panelists will provide firsthand experience on either complete or active P3s of different structures. This variety of case studies will show how diverse P3 projects can be, and the different value propositions and associated risks each can bring.

Avoid Becoming a Victim of Cybercrime - New Resource

Cybersecurity is a growing concern for the real estate industry. Reports of wire fraud situations in the real estate transaction are being brought to light. Louisiana REALTORS® has compiled a new webpage as a Cybersecurity resource with information and helpful things to protect your business and your clients from becoming a victim of cybercrime. 

Congress Approves Short-Term Extension for National Flood Insurance Program (NFIP)

Congress extended the National Flood Insurance Program by a fortnight Thursday as part of a broad but temporary federal-government funding deal.

The flood insurance provisions will keep the program operating as normal through Dec. 22, buying lawmakers time to work on a longer-term reauthorization for the important but beleaguered federal program.