Page 6 - Region 5 NAR Update

WEEKLY CORONAVIRUS UPDATE
This communication from NAR to all Members describes the many ways NAR is working to guide and support REALTORS® and the real estate industry during the coronavirus (COVID-!"# $%&'() *+,'-* ).(/(/0 12+.3 4++56 37%8'' 9(:; %$-to-date, relevant (:97.<,-(7: 7: *74 -7 +:/%.+ 37%. *+,'-* ,:; /,9+-36 -*+ 2(.%/8 (mpact on the economy and your business, and its impact on NAR activities.
Executive Summary
! As circumstances concerning the coronavirus (COVID-19) continue to evolve, the NAR Leadership Team wants to assure members, staff, and partner organizations that your safety and well-being remain our top priority.
! We understand that members have questions about how the virus could impact them and the real estate industr!" #$ %&&'($) *(+, -./ 0-/& 123.& -4 56&78&/9 :(/9+;< =>? @-$+($.&9 +- @3-9&3! 7-$(+-/ +,& 9(+.2+(-$, and has released 50-/-$2A(/.9B > C.(D& 4-/ ?E>FGH?IJ< to provide guidance. Please find it at NAR.Realtor/coronavirus. This site is regularly updated.
! NAR is advising members on best practices to help ensure their health and safety. We encourage following CDC recommendations, including social distancing and avoiding social gatherings in large groups. See below for more information.
! NAR is sharing information on how the virus is affecting the economy and its impact on membersK businesses. A recent NAR Member Survey found that nearly half of REALTORS®L48%Lsay home buyer interest has decreased due to the coronavirus (COVID-19) outbreak. See below for more information.
! NAR is advising members on how the virus impacts NAR activities. NAR will provide virtual options for the 2020 REALTORS® Legislative Meetings and Trade Expo (RLMTE) instead of the in-person meeting previously scheduled May 11-16 in Washington, D.C. See below for more information.
1. Ensuringyourhealthandsafety
We are thinking of our Members 29 *& 233 $2A()2+& 58.9($&99 29 .9.23< D./($) 2 +(7& that is anything but 5.9.23"< M(+, +,& $&* ,&2D3($&9 *&K/& 9&&($) &2@, D2!; and the 72$! 2DN.9+7&$+9 *&K/& 233 +/!($) +- 72%& '&/9-$233!; +- 92! +,(9 (9 2 9+/&994.3 +(7& (9 2$ understatement.
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