the realtor® voice - constant contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... ·...

12
THE REALTOR® VOICE Volume 20, Edition 1, First Quarter 2017 Published by the REALTORS® Association of New Mexico Governor Vetoes HOA Bills January Meetings From Your President New Broker Duties From Your CEO Board ROTYs Legal Update RPAC Fundraising Board Installations Inside Strategic Planning for 2018-2020 is Underway RANM Officers Connie Het- tinga, Victoria Murphy, Paul Wilson, and Pat Fell with Elizabeth Mendenhall, NAR President-Elect April 7 was the deadline for the Governor to act on bills passed during the 60-days legislative session. SB 244 and HB374, Amendments to the Homeowner Associa- tion Act were both vetoed. ese nearly identical bills sought to, among other things, cap the cost a Homeowner’s Association could charge for disclosure statements at $300. e Governor’s rationale for her veto pointed out that the bill(s) would “place numerous requirements on homeowner associations that would be both burdensome and costly . . . and the procedural requirements would likely . . . lead to greater expenses for both associations and residents.” e Governor did sign SB387, Qualifying Broker’s License Re- quirements into law. is bill increases the requirements needed to become a QB. Under the bill “a qualifying broker shall not supervise associate brokers until the qualifying broker has had an active associate broker’s or qualifying broker’s license or equivalent real estate license for at least four years.” e bill goes into effect January 1, 2018. Another bill supported by RANM, HB199, was signed into law. is bill creates the Consumer Protection for Distributed Gen- eration Act which provides minimum disclosures for financing of solar systems. Final action on all bills is available on the governor’s web site.

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Page 1: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

THE REALTORreg VOICEVolume 20 Edition 1 First Quarter 2017 Published by the REALTORSreg Association of New Mexico

Governor Vetoes HOA Bills

January MeetingsFrom Your PresidentNew Broker DutiesFrom Your CEOBoard ROTYsLegal UpdateRPAC FundraisingBoard Installations

Inside

Strategic Planning for 2018-2020 is Underway

RANM Officers Connie Het-tinga Victoria Murphy Paul

Wilson and Pat Fell with Elizabeth Mendenhall NAR

President-Elect

April 7 was the deadline for the Governor to act on bills passed during the 60-days legislative session

SB 244 and HB374 Amendments to the Homeowner Associa-tion Act were both vetoed

These nearly identical bills sought to among other things cap the cost a Homeownerrsquos Association could charge for disclosure statements at $300

The Governorrsquos rationale for her veto pointed out that the bill(s) would ldquoplace numerous requirements on homeowner associations that would be both burdensome and costly and the procedural requirements would likely lead to greater expenses for both associations and residentsrdquo

The Governor did sign SB387 Qualifying Brokerrsquos License Re-quirements into law This bill increases the requirements needed to become a QB Under the bill ldquoa qualifying broker shall not supervise associate brokers until the qualifying broker has had an active associate brokerrsquos or qualifying brokerrsquos license or equivalent

real estate license for at least four yearsrdquo The bill goes into effect January 1 2018

Another bill supported by RANM HB199 was signed into law This bill creates the Consumer Protection for Distributed Gen-eration Act which provides minimum disclosures for financing of solar systems

Final action on all bills is available on the governorrsquos web site

RANM January Meetings Kick Off 2017Committee and Board of Director meet-ings a trip to the Roundhouse installa-tion and continuing education packed RANMrsquos January Leadership Legislative and Business meetings

NAR President-Elect Elizabeth Menden-hall and Region XI RVP George Harvey joined RANM leaders from around the state for our event and both provided information updates to RANM Directors

Directors approved the 2017 RANM Work Plan and confirmed Dan Hernadez Patricia Pipkin Lela Holmes Michelle Martin and Dan Coleman as appointed Directors

RANM REALTORreg Voice | First Quarter 2017 | Page 2

Thanks to our sponsors for their generous support of these meetings

Policies to create a mediation process as directed by the Board were approved

The meetings concluded with the annual legal update and the new NMREC 2017 Core Class

From Your President

Victoria Murphy2017 RANM President

RANM REALTORreg Voice | First Quarter 2017 | Page 3

Wersquore Off and RunningOver the past couple of years I started a notebook with thoughts for guid-ing RANM forward and increasing our membership participation at all levels

Those ideas included my theme of Showing New Mexico since as REAL-TORSreg we show so much about what we love about our communities

Another idea was REAL-TORSreg Back New Mexico Children which is the program to provide at least 500 backpacks and school supplies to our New Mexico elementary students across the state We are working on details and logistics of this statewide community project Stay tuned for how you can be involved

We will also be pursuing and we are hoping your association will jump on board in increasing our RPAC partici-pation level with FUNraisers Your associa-tion can request a grant from NAR to put on a FUNraiser

such as a tethered balloon ride a motorcycle rally ride a night at the Isotopes or Ruidoso Downs a horse-back ride through Chaco Canyon - you get the idea

First quarter has been filled with accomplishments including RANM involve-ment in the 60-day legis-lative session our January Leadership Legislative and Business Meetings training for Professional Standards Committee members and Ombudsmen negotiations on the possible sale of the RANM property prepara-tions for NAR Legislative meeting activities and more

There is still lots to do and the year is happening very quickly With your help and support we will accomplish

our goals and continue to advance the business and professional interest of our members through govern-ment affairs activities good governance policies com-munication and outreach to members and the public and the delivery of valuable products and services to our members My best

Installation Highlights

RANM REALTORreg Voice | First Quarter 2017 | Page 4

From NMRECBroker Duties Rules Revised

New Mexico Real Estate Commission

1-800-801-7505

Congratulations to the following members of the New Mexico Real Estate Commissionrsquos Education Advisory Committee for 2017-2018

Jacque Moise PlacitasLouis Edwards Las Cruces

Micki Shillito DemingNadine Thomason Albuquerque

Dawn Langdon Rio RanchoJudy Jones Alamogordo

Mary Kay Gutierrez AlbuquerqueScott Florez Albuquerque

Al Winkeljohn AlbuquerqueDavid Steele Albuquerque

At their March meeting the New Mexico Real Estate Commission approved changes to Section 1661198 Broker Duties Disclosure of the Real Estate Rules that govern all New Mexico real estate licensees

The entire section has been reorganized and now includes a ldquoBroker Obligations to Other Brokersrdquo section as follows

BROKER OBLIGATIONS TO OTHER BROKERS

Brokers owe the following professional obligations to other brokers however brokers are not required to provide to one another a list of these broker obligations

A honesty reasonable care and ethical and professional conductB timely presentation of offers or counter-offers and responses thereto unless otherwise agreed to in writing by the party to whom the broker is directly providing real estate servicesC active participation in assisting the party to whom the broker is directly providing real estate services in complying with the terms and conditions of the contract and with the closing of the transaction unless otherwise agreed to in writing by the party to whom the broker is directly providing real estate servicesD compliance with local state and federal fair housing and anti-discrimination laws the New Mexico real estate license law and the Real Estate Commission rules the New Mexico Uniform Owner-Resident Relations Act and other applicable local state and federal laws and regulationsE written disclosure of any adverse material facts actually known by the broker about the property or the transaction or about the financial ability of the parties to the transaction to complete the transaction ad- verse material facts requiring disclosure do not include any information covered by federal fair housing laws or the New Mexico Human Rights ActF written disclosure of any potential conflict of interest that the broker has in the transaction including but not limited to any material interest the broker has in the transaction or any relationship of a business per- sonal or family nature that the broker has with a party to the transactionG non-interference with a purchase agreement or any express written agreement that another broker has with a buyer seller landlord (owner) or tenant

The new rules will be effective 30 days after they are filed If you would like a copy of the complete revision of section 1661198 contact the Commission at 1-800-801-7905

Show your REALTORreg PridePurchase a turquoise and sterling silver REALTORreg pin ANDsupport the RANMBenevolent Fund

Purchase Your Pin Now

M Steven Anaya RANM Chief Executive Officer

RANM REALTORreg Voice | First Quarter 2017 | Page 5

From Your CEOWhatrsquos Happening in Washington

Housing MattersRANM members gathered in January in Santa Fe at the Roundhouse Rotunda with MFA the Home Builders of Central New Mexico and the Mortgage Lenders Associa-tion to celebrate the housing industry and its contribution to New Mexicorsquos economy

NARrsquos has identified and is monitoring several issues on the federal level that are of critical importance to REALTORSreg

Tax Reform - NAR Issue Summary

The new leaders of Congressrsquos tax-writing committees Ways and Means Chairman Kevin Brady (R-TX) and Fi-nance Chairman Senator Orrin Hatch (R-UT) have each expressed a strong desire to accomplish tax reform And now that President Trump has taken office and has made it clear that he shares the goal of modernizing the tax code we are facing the possibility of big changes being enacted to the tax law than we have seen in a long time

The path forward to tax reform is still quite cloudy howev-er with policymakers of all stripes expressing a willingness to simplify the tax law and to broaden the base and lower the tax rate a very real possibility exists that common ground on tax reform can be found

Along with this possibility is the danger that the tax incentives for owning a home (such as the elimination or reduction of the Mortgage Interest Deduction) could be diminished for the majority of Americans and that vital provisions for commercial real estate (such as elimination of 1031 Exchanges) could be repealed or limited in order to ldquopay forrdquo lowering the tax rates

NAR acknowledges the complexity of the current tax sys-tem and seeks to assure that tax reforms support the goals of homeownership and the freedom to buy maintain and sell real estate

Tax reform legislation is likely to come into focus this year in late summer

Flood Insurance - NAR Issue Summary

America needs the National Flood Insurance Program which

bull Protects homes and businesses with over 5 million policiesbull Safeguards communi- ties across the countrybull Shields homeowners from devastating costs The average flood claim is $43000

The National Flood In-surance Program expires on September 30 NAR is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold NAR has also issued a series of principles to improve access and afford-ability for consumers

NFIP legislation is likely to move in late spring this year

Government Sponsored Enterprises Reform (Fan-nie Mae and Freddie Mac)

- NAR Issue Summary

Fannie Mae and Freddie Mac play a key role in the secondary mortgage market which is crucial in providing capital for mortgage lend-ing Without the GSEs and FHA-insured loans there would be almost no capi-tal available for mortgage lending This would severely restrict if not curtail home sales and any supporting an-cillary home sales services

There is no projected start date for GSE legislation

It is essential for REAL-TORSreg to highlight NARrsquos positions on these issues to ensure Members of Con-gress do not enact proposals that would disrupt real estate markets around the nation

RANM members will be visiting with New Mexicorsquos Congressional delegation next month during NAR Legislative Meetings to make sure they know where the REALTORSreg stand on these and other issues

Mary EmeryTaos County

Dana CarlsonSilver City

Gaye CookeClovisPortales

Mindy DemottSanta Fe

Jim SmithCARNM

Gretchen KoetherHobbs

Jennifer GoudeLas Cruces

Eva LunaDemingLuna Co

Carole AndersonOtero County

Janie Gilmore-DanielsGreater Albuquerque

Ben LyonsSan Juan Co

Jesse McDanielRoswell

Congratulations to 2016 Member BoardREALTORSreg of the Year

RANM REALTORreg Voice | First Quarter 2017 | Page 6

April 14 2017Good Friday RANM office closed

April 27-May 5 2017Legal Hotline Closed

May 15 2017Applications for RANM Officer and NAR Director Openings due

May 29 2017Memorial Day RANM office closed

May 29-June 2 2017Legal Hotline Closed

June 1 2017Nominations for RANM ROTY due

July 4 2017Independence Day RANM office closed

RANM Deadlines and Dates to Remember

Being honored as REAL-TORreg of the Year is one of the highest honors a member can receive from his or her local board

Congratulations to the latest honorees

RANM REALTORreg Voice | First Quarter 2017 | Page 7

Legal UpdatePosting and Re-Posting on Social Media

Legal Corner provides a limited and general discussion of some but not all aspects of issues that is intended but not guaranteed to be accurate as of the date published This information may become outdated and it is the responsibility of the user to determine if it is current No summary of the law is a substitute for legal advice with respect to a particular matter No attorney-client relationship is intended or implied If legal advice is required the services of a compe-tent attorney should be obtained RANM members are cautioned against engaging in the unauthorized practice of law by advising a consumer of legal rights and obligations or by applying the law to particular facts and circumstances copy 2017 REALTORSreg Association of New Mexico

Legal Corner is researched and written by Ashley Strauss-Martin RANM

General Counsel

Brokers be aware that the rules that apply to the advertising of property that is not listed with your brokerage apply to social media sites that permit the user to ldquosharerdquo or otherwise disseminate information from another userrsquos social media pagepost or from a third-party source Such ldquosharingrdquo is the equivalent of copying another brokeragersquos listing and placing it in your print or website advertise-ment

Strangely nowhere in the NM Real Estate Brokers Act nor the NMREC regulations does it explicitly state that a broker cannot advertise a property listed with another broker without the permission of the listing broker or the seller (pro-vided NMREC advertising rules are followed) So where is this prohibition

To begin Standard of Practice 12-4 from the REALTORSreg Code of Ethics provides that ldquoRE-ALTORSreg shall not offer for salelease or advertise property without authorityrdquo Furthermore MLSs as a matter of local discretion may prohibit participants from advertising specific

properties which are list-ed with other participants (unless the participant has obtained permission from the listing participant)

In the listing agreement the seller grants the list-ing broker the authority to advertise the property The listing agreement also may authorize the listing broker to permit other brokerages to advertise the property conditionally or uncondi-tionally

The placing of a listed prop-erty on a social media site does not give every other brokerage permission to share that listing unless the posting includes language conveying such permission

Such language must be clear as to what permis-sion is given For instance a listing that appears on a social media site that states ldquoCooperating brokers have permission to share this listing on their social media pagerdquo grants the cooperating broker permission to post on hisher social media page only

In contrast a broker that states ldquoThis listing may be shared by any cooperating brokerrdquo places no limitation on how the listing is adver-tised by a cooperating bro-ker which means that the cooperating broker is free to place an advertisement

using any medium though this may not have been the intent of the listing broker or the understanding of the seller

In short just because a social media site permits you to ldquosharerdquo information this doesnrsquot give you the right to do so in a manner that violates NMREC regulations MLS rules andor the REALTORreg Code of Ethics And recall in the event of a NMREC regulation viola-tion the qualifying broker also may be liable as NMREC regulations provide

Just because a social media site permits to to ldquosharerdquo information you must keep in mind NMREC regulations MLS rules

and the REALTORreg Code of Ethics

that the qualifying broker is responsible for supervising all real estate related activ-ities performed by the bro-kerage on behalf of others including but not limited to advertising rdquo

Upcoming Events

RANM REALTORreg Voice | First Quarter 2017 | Page 8

RANM on the Road2017 Dates

June 1 FarmingtonJune 2 Taos

June 7 RoswellJune 8 Las Cruces

RANM Fall ConferenceInn of the Mountain Gods Ruidoso

August 23-25 2017

Follow RANMBe the first to know about RANM events new programs and news

Visit nmrealtorcom and our so-cial media pages often

Help Bring Ideas to LightNAR is accepting applica-tions for committee service in 2018

NAR committees are a great forum for debate and dis-cussion Being on a commit-tee allows you to contribute to the decision-making process and gain national

experience beneficial for those seeking a leadership role

It all starts with your ex-pertise profile - visit wwwCommitteeApprealtor to get started today

Submission deadline is May 23 2017

RANM REALTORreg Voice | First Quarter 2017 | Page 9

Governmental AffairsRPAC-NM Fundraising Underway

Governmental Affairs ar-ticles are researched and written by David Oakeley

RANM GAD

Contributions are not deductible for income tax purposes Contributions to RPAC are voluntary and are used for political purposes You may refuse to con-tribute without reprisal and the National Association of REALTORSreg or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed 70 of each contribution is used by your state PAC to support state and local political candidates Until your state PAC reaches its RPAC goal 30 is sent to National RPAC to support federal candidates and is charged against your limits under 2 USC 441a after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates

2016 RPAC Award Winners Recognized at

RANM January Meetings

Each year the National As-sociation of REALTORSreg sets fundraising and par-ticipation goals for all 50 states (and Puerto Rico) and rewards those that meet the goals In 2015 RANM achieved the highest recognition possible - The Presidentrsquos Cup - but fell short in 2016 as we did not achieve the required mini-mum 20 percent on ldquoCalls for Actionrdquo (we did attain ldquoTriple Crownrdquo status) It is RANMrsquos mission to again attain The Presidentrsquos Cup

To do so requiresbull RPAC-NM raise $175000bull 37 percent of our members contribute $15 or morebull one percent of the members contribute $1000 or more (Major Investors) andbull 10 percent of our Major In- vestors become Presidentrsquos Circle Members

There also are advocacy goals

bull reaching a minimum average response rate of 20 percent on NAR Calls for Action

bull hosting a voter regis- tration drivebull increasing the number of REALTORreg Party Mobile Alerts subscrib- ers andbull meeting Broker In- volvement goals

All the goals are achievable but it will take effort As RANMrsquos membership con-tinues to increase so does the number needed to reach the 37 percent participation goal RANMrsquos membership for 2017 has been pegged at 6122 meaning we need 2266 contributors to reach goal

After three months RPAC-NMrsquos fundraising is at about 62 percent of goal and participation is about 34 percent Not bad for the first quarter but getting the ball past the goal line is the hard part The next few

months are crucial in get-ting RANM closer to goal as wersquore hoping to avoid the stress of last-minute efforts

RPAC DistributionOf the $175000 RPAC-NM is being asked to collect in 2017 $37219

will go to NAR and will be used among other things for contributions to Con-gressional candidates (US House of Representatives US Senate)

After NAR gets its alloca-tion from RPAC-NM the balance is divided among the state organization and local boards The state provides contributions to candidates in executive non-federal statewide races and legislative races Mem-ber Boards can use their money for local races

The next big statewide election is in 2018 as New Mexico will elect a new

GovernorLt Governor with races for Attorney General Secretary of State Treasurer Auditor Com-missioner of Public Lands and numerous Legislative seats

Because of involvement in the political process NAR and RANM are major play-ers in helping pass or defeat legislation that impacts our membership

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 2: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

RANM January Meetings Kick Off 2017Committee and Board of Director meet-ings a trip to the Roundhouse installa-tion and continuing education packed RANMrsquos January Leadership Legislative and Business meetings

NAR President-Elect Elizabeth Menden-hall and Region XI RVP George Harvey joined RANM leaders from around the state for our event and both provided information updates to RANM Directors

Directors approved the 2017 RANM Work Plan and confirmed Dan Hernadez Patricia Pipkin Lela Holmes Michelle Martin and Dan Coleman as appointed Directors

RANM REALTORreg Voice | First Quarter 2017 | Page 2

Thanks to our sponsors for their generous support of these meetings

Policies to create a mediation process as directed by the Board were approved

The meetings concluded with the annual legal update and the new NMREC 2017 Core Class

From Your President

Victoria Murphy2017 RANM President

RANM REALTORreg Voice | First Quarter 2017 | Page 3

Wersquore Off and RunningOver the past couple of years I started a notebook with thoughts for guid-ing RANM forward and increasing our membership participation at all levels

Those ideas included my theme of Showing New Mexico since as REAL-TORSreg we show so much about what we love about our communities

Another idea was REAL-TORSreg Back New Mexico Children which is the program to provide at least 500 backpacks and school supplies to our New Mexico elementary students across the state We are working on details and logistics of this statewide community project Stay tuned for how you can be involved

We will also be pursuing and we are hoping your association will jump on board in increasing our RPAC partici-pation level with FUNraisers Your associa-tion can request a grant from NAR to put on a FUNraiser

such as a tethered balloon ride a motorcycle rally ride a night at the Isotopes or Ruidoso Downs a horse-back ride through Chaco Canyon - you get the idea

First quarter has been filled with accomplishments including RANM involve-ment in the 60-day legis-lative session our January Leadership Legislative and Business Meetings training for Professional Standards Committee members and Ombudsmen negotiations on the possible sale of the RANM property prepara-tions for NAR Legislative meeting activities and more

There is still lots to do and the year is happening very quickly With your help and support we will accomplish

our goals and continue to advance the business and professional interest of our members through govern-ment affairs activities good governance policies com-munication and outreach to members and the public and the delivery of valuable products and services to our members My best

Installation Highlights

RANM REALTORreg Voice | First Quarter 2017 | Page 4

From NMRECBroker Duties Rules Revised

New Mexico Real Estate Commission

1-800-801-7505

Congratulations to the following members of the New Mexico Real Estate Commissionrsquos Education Advisory Committee for 2017-2018

Jacque Moise PlacitasLouis Edwards Las Cruces

Micki Shillito DemingNadine Thomason Albuquerque

Dawn Langdon Rio RanchoJudy Jones Alamogordo

Mary Kay Gutierrez AlbuquerqueScott Florez Albuquerque

Al Winkeljohn AlbuquerqueDavid Steele Albuquerque

At their March meeting the New Mexico Real Estate Commission approved changes to Section 1661198 Broker Duties Disclosure of the Real Estate Rules that govern all New Mexico real estate licensees

The entire section has been reorganized and now includes a ldquoBroker Obligations to Other Brokersrdquo section as follows

BROKER OBLIGATIONS TO OTHER BROKERS

Brokers owe the following professional obligations to other brokers however brokers are not required to provide to one another a list of these broker obligations

A honesty reasonable care and ethical and professional conductB timely presentation of offers or counter-offers and responses thereto unless otherwise agreed to in writing by the party to whom the broker is directly providing real estate servicesC active participation in assisting the party to whom the broker is directly providing real estate services in complying with the terms and conditions of the contract and with the closing of the transaction unless otherwise agreed to in writing by the party to whom the broker is directly providing real estate servicesD compliance with local state and federal fair housing and anti-discrimination laws the New Mexico real estate license law and the Real Estate Commission rules the New Mexico Uniform Owner-Resident Relations Act and other applicable local state and federal laws and regulationsE written disclosure of any adverse material facts actually known by the broker about the property or the transaction or about the financial ability of the parties to the transaction to complete the transaction ad- verse material facts requiring disclosure do not include any information covered by federal fair housing laws or the New Mexico Human Rights ActF written disclosure of any potential conflict of interest that the broker has in the transaction including but not limited to any material interest the broker has in the transaction or any relationship of a business per- sonal or family nature that the broker has with a party to the transactionG non-interference with a purchase agreement or any express written agreement that another broker has with a buyer seller landlord (owner) or tenant

The new rules will be effective 30 days after they are filed If you would like a copy of the complete revision of section 1661198 contact the Commission at 1-800-801-7905

Show your REALTORreg PridePurchase a turquoise and sterling silver REALTORreg pin ANDsupport the RANMBenevolent Fund

Purchase Your Pin Now

M Steven Anaya RANM Chief Executive Officer

RANM REALTORreg Voice | First Quarter 2017 | Page 5

From Your CEOWhatrsquos Happening in Washington

Housing MattersRANM members gathered in January in Santa Fe at the Roundhouse Rotunda with MFA the Home Builders of Central New Mexico and the Mortgage Lenders Associa-tion to celebrate the housing industry and its contribution to New Mexicorsquos economy

NARrsquos has identified and is monitoring several issues on the federal level that are of critical importance to REALTORSreg

Tax Reform - NAR Issue Summary

The new leaders of Congressrsquos tax-writing committees Ways and Means Chairman Kevin Brady (R-TX) and Fi-nance Chairman Senator Orrin Hatch (R-UT) have each expressed a strong desire to accomplish tax reform And now that President Trump has taken office and has made it clear that he shares the goal of modernizing the tax code we are facing the possibility of big changes being enacted to the tax law than we have seen in a long time

The path forward to tax reform is still quite cloudy howev-er with policymakers of all stripes expressing a willingness to simplify the tax law and to broaden the base and lower the tax rate a very real possibility exists that common ground on tax reform can be found

Along with this possibility is the danger that the tax incentives for owning a home (such as the elimination or reduction of the Mortgage Interest Deduction) could be diminished for the majority of Americans and that vital provisions for commercial real estate (such as elimination of 1031 Exchanges) could be repealed or limited in order to ldquopay forrdquo lowering the tax rates

NAR acknowledges the complexity of the current tax sys-tem and seeks to assure that tax reforms support the goals of homeownership and the freedom to buy maintain and sell real estate

Tax reform legislation is likely to come into focus this year in late summer

Flood Insurance - NAR Issue Summary

America needs the National Flood Insurance Program which

bull Protects homes and businesses with over 5 million policiesbull Safeguards communi- ties across the countrybull Shields homeowners from devastating costs The average flood claim is $43000

The National Flood In-surance Program expires on September 30 NAR is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold NAR has also issued a series of principles to improve access and afford-ability for consumers

NFIP legislation is likely to move in late spring this year

Government Sponsored Enterprises Reform (Fan-nie Mae and Freddie Mac)

- NAR Issue Summary

Fannie Mae and Freddie Mac play a key role in the secondary mortgage market which is crucial in providing capital for mortgage lend-ing Without the GSEs and FHA-insured loans there would be almost no capi-tal available for mortgage lending This would severely restrict if not curtail home sales and any supporting an-cillary home sales services

There is no projected start date for GSE legislation

It is essential for REAL-TORSreg to highlight NARrsquos positions on these issues to ensure Members of Con-gress do not enact proposals that would disrupt real estate markets around the nation

RANM members will be visiting with New Mexicorsquos Congressional delegation next month during NAR Legislative Meetings to make sure they know where the REALTORSreg stand on these and other issues

Mary EmeryTaos County

Dana CarlsonSilver City

Gaye CookeClovisPortales

Mindy DemottSanta Fe

Jim SmithCARNM

Gretchen KoetherHobbs

Jennifer GoudeLas Cruces

Eva LunaDemingLuna Co

Carole AndersonOtero County

Janie Gilmore-DanielsGreater Albuquerque

Ben LyonsSan Juan Co

Jesse McDanielRoswell

Congratulations to 2016 Member BoardREALTORSreg of the Year

RANM REALTORreg Voice | First Quarter 2017 | Page 6

April 14 2017Good Friday RANM office closed

April 27-May 5 2017Legal Hotline Closed

May 15 2017Applications for RANM Officer and NAR Director Openings due

May 29 2017Memorial Day RANM office closed

May 29-June 2 2017Legal Hotline Closed

June 1 2017Nominations for RANM ROTY due

July 4 2017Independence Day RANM office closed

RANM Deadlines and Dates to Remember

Being honored as REAL-TORreg of the Year is one of the highest honors a member can receive from his or her local board

Congratulations to the latest honorees

RANM REALTORreg Voice | First Quarter 2017 | Page 7

Legal UpdatePosting and Re-Posting on Social Media

Legal Corner provides a limited and general discussion of some but not all aspects of issues that is intended but not guaranteed to be accurate as of the date published This information may become outdated and it is the responsibility of the user to determine if it is current No summary of the law is a substitute for legal advice with respect to a particular matter No attorney-client relationship is intended or implied If legal advice is required the services of a compe-tent attorney should be obtained RANM members are cautioned against engaging in the unauthorized practice of law by advising a consumer of legal rights and obligations or by applying the law to particular facts and circumstances copy 2017 REALTORSreg Association of New Mexico

Legal Corner is researched and written by Ashley Strauss-Martin RANM

General Counsel

Brokers be aware that the rules that apply to the advertising of property that is not listed with your brokerage apply to social media sites that permit the user to ldquosharerdquo or otherwise disseminate information from another userrsquos social media pagepost or from a third-party source Such ldquosharingrdquo is the equivalent of copying another brokeragersquos listing and placing it in your print or website advertise-ment

Strangely nowhere in the NM Real Estate Brokers Act nor the NMREC regulations does it explicitly state that a broker cannot advertise a property listed with another broker without the permission of the listing broker or the seller (pro-vided NMREC advertising rules are followed) So where is this prohibition

To begin Standard of Practice 12-4 from the REALTORSreg Code of Ethics provides that ldquoRE-ALTORSreg shall not offer for salelease or advertise property without authorityrdquo Furthermore MLSs as a matter of local discretion may prohibit participants from advertising specific

properties which are list-ed with other participants (unless the participant has obtained permission from the listing participant)

In the listing agreement the seller grants the list-ing broker the authority to advertise the property The listing agreement also may authorize the listing broker to permit other brokerages to advertise the property conditionally or uncondi-tionally

The placing of a listed prop-erty on a social media site does not give every other brokerage permission to share that listing unless the posting includes language conveying such permission

Such language must be clear as to what permis-sion is given For instance a listing that appears on a social media site that states ldquoCooperating brokers have permission to share this listing on their social media pagerdquo grants the cooperating broker permission to post on hisher social media page only

In contrast a broker that states ldquoThis listing may be shared by any cooperating brokerrdquo places no limitation on how the listing is adver-tised by a cooperating bro-ker which means that the cooperating broker is free to place an advertisement

using any medium though this may not have been the intent of the listing broker or the understanding of the seller

In short just because a social media site permits you to ldquosharerdquo information this doesnrsquot give you the right to do so in a manner that violates NMREC regulations MLS rules andor the REALTORreg Code of Ethics And recall in the event of a NMREC regulation viola-tion the qualifying broker also may be liable as NMREC regulations provide

Just because a social media site permits to to ldquosharerdquo information you must keep in mind NMREC regulations MLS rules

and the REALTORreg Code of Ethics

that the qualifying broker is responsible for supervising all real estate related activ-ities performed by the bro-kerage on behalf of others including but not limited to advertising rdquo

Upcoming Events

RANM REALTORreg Voice | First Quarter 2017 | Page 8

RANM on the Road2017 Dates

June 1 FarmingtonJune 2 Taos

June 7 RoswellJune 8 Las Cruces

RANM Fall ConferenceInn of the Mountain Gods Ruidoso

August 23-25 2017

Follow RANMBe the first to know about RANM events new programs and news

Visit nmrealtorcom and our so-cial media pages often

Help Bring Ideas to LightNAR is accepting applica-tions for committee service in 2018

NAR committees are a great forum for debate and dis-cussion Being on a commit-tee allows you to contribute to the decision-making process and gain national

experience beneficial for those seeking a leadership role

It all starts with your ex-pertise profile - visit wwwCommitteeApprealtor to get started today

Submission deadline is May 23 2017

RANM REALTORreg Voice | First Quarter 2017 | Page 9

Governmental AffairsRPAC-NM Fundraising Underway

Governmental Affairs ar-ticles are researched and written by David Oakeley

RANM GAD

Contributions are not deductible for income tax purposes Contributions to RPAC are voluntary and are used for political purposes You may refuse to con-tribute without reprisal and the National Association of REALTORSreg or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed 70 of each contribution is used by your state PAC to support state and local political candidates Until your state PAC reaches its RPAC goal 30 is sent to National RPAC to support federal candidates and is charged against your limits under 2 USC 441a after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates

2016 RPAC Award Winners Recognized at

RANM January Meetings

Each year the National As-sociation of REALTORSreg sets fundraising and par-ticipation goals for all 50 states (and Puerto Rico) and rewards those that meet the goals In 2015 RANM achieved the highest recognition possible - The Presidentrsquos Cup - but fell short in 2016 as we did not achieve the required mini-mum 20 percent on ldquoCalls for Actionrdquo (we did attain ldquoTriple Crownrdquo status) It is RANMrsquos mission to again attain The Presidentrsquos Cup

To do so requiresbull RPAC-NM raise $175000bull 37 percent of our members contribute $15 or morebull one percent of the members contribute $1000 or more (Major Investors) andbull 10 percent of our Major In- vestors become Presidentrsquos Circle Members

There also are advocacy goals

bull reaching a minimum average response rate of 20 percent on NAR Calls for Action

bull hosting a voter regis- tration drivebull increasing the number of REALTORreg Party Mobile Alerts subscrib- ers andbull meeting Broker In- volvement goals

All the goals are achievable but it will take effort As RANMrsquos membership con-tinues to increase so does the number needed to reach the 37 percent participation goal RANMrsquos membership for 2017 has been pegged at 6122 meaning we need 2266 contributors to reach goal

After three months RPAC-NMrsquos fundraising is at about 62 percent of goal and participation is about 34 percent Not bad for the first quarter but getting the ball past the goal line is the hard part The next few

months are crucial in get-ting RANM closer to goal as wersquore hoping to avoid the stress of last-minute efforts

RPAC DistributionOf the $175000 RPAC-NM is being asked to collect in 2017 $37219

will go to NAR and will be used among other things for contributions to Con-gressional candidates (US House of Representatives US Senate)

After NAR gets its alloca-tion from RPAC-NM the balance is divided among the state organization and local boards The state provides contributions to candidates in executive non-federal statewide races and legislative races Mem-ber Boards can use their money for local races

The next big statewide election is in 2018 as New Mexico will elect a new

GovernorLt Governor with races for Attorney General Secretary of State Treasurer Auditor Com-missioner of Public Lands and numerous Legislative seats

Because of involvement in the political process NAR and RANM are major play-ers in helping pass or defeat legislation that impacts our membership

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 3: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

From Your President

Victoria Murphy2017 RANM President

RANM REALTORreg Voice | First Quarter 2017 | Page 3

Wersquore Off and RunningOver the past couple of years I started a notebook with thoughts for guid-ing RANM forward and increasing our membership participation at all levels

Those ideas included my theme of Showing New Mexico since as REAL-TORSreg we show so much about what we love about our communities

Another idea was REAL-TORSreg Back New Mexico Children which is the program to provide at least 500 backpacks and school supplies to our New Mexico elementary students across the state We are working on details and logistics of this statewide community project Stay tuned for how you can be involved

We will also be pursuing and we are hoping your association will jump on board in increasing our RPAC partici-pation level with FUNraisers Your associa-tion can request a grant from NAR to put on a FUNraiser

such as a tethered balloon ride a motorcycle rally ride a night at the Isotopes or Ruidoso Downs a horse-back ride through Chaco Canyon - you get the idea

First quarter has been filled with accomplishments including RANM involve-ment in the 60-day legis-lative session our January Leadership Legislative and Business Meetings training for Professional Standards Committee members and Ombudsmen negotiations on the possible sale of the RANM property prepara-tions for NAR Legislative meeting activities and more

There is still lots to do and the year is happening very quickly With your help and support we will accomplish

our goals and continue to advance the business and professional interest of our members through govern-ment affairs activities good governance policies com-munication and outreach to members and the public and the delivery of valuable products and services to our members My best

Installation Highlights

RANM REALTORreg Voice | First Quarter 2017 | Page 4

From NMRECBroker Duties Rules Revised

New Mexico Real Estate Commission

1-800-801-7505

Congratulations to the following members of the New Mexico Real Estate Commissionrsquos Education Advisory Committee for 2017-2018

Jacque Moise PlacitasLouis Edwards Las Cruces

Micki Shillito DemingNadine Thomason Albuquerque

Dawn Langdon Rio RanchoJudy Jones Alamogordo

Mary Kay Gutierrez AlbuquerqueScott Florez Albuquerque

Al Winkeljohn AlbuquerqueDavid Steele Albuquerque

At their March meeting the New Mexico Real Estate Commission approved changes to Section 1661198 Broker Duties Disclosure of the Real Estate Rules that govern all New Mexico real estate licensees

The entire section has been reorganized and now includes a ldquoBroker Obligations to Other Brokersrdquo section as follows

BROKER OBLIGATIONS TO OTHER BROKERS

Brokers owe the following professional obligations to other brokers however brokers are not required to provide to one another a list of these broker obligations

A honesty reasonable care and ethical and professional conductB timely presentation of offers or counter-offers and responses thereto unless otherwise agreed to in writing by the party to whom the broker is directly providing real estate servicesC active participation in assisting the party to whom the broker is directly providing real estate services in complying with the terms and conditions of the contract and with the closing of the transaction unless otherwise agreed to in writing by the party to whom the broker is directly providing real estate servicesD compliance with local state and federal fair housing and anti-discrimination laws the New Mexico real estate license law and the Real Estate Commission rules the New Mexico Uniform Owner-Resident Relations Act and other applicable local state and federal laws and regulationsE written disclosure of any adverse material facts actually known by the broker about the property or the transaction or about the financial ability of the parties to the transaction to complete the transaction ad- verse material facts requiring disclosure do not include any information covered by federal fair housing laws or the New Mexico Human Rights ActF written disclosure of any potential conflict of interest that the broker has in the transaction including but not limited to any material interest the broker has in the transaction or any relationship of a business per- sonal or family nature that the broker has with a party to the transactionG non-interference with a purchase agreement or any express written agreement that another broker has with a buyer seller landlord (owner) or tenant

The new rules will be effective 30 days after they are filed If you would like a copy of the complete revision of section 1661198 contact the Commission at 1-800-801-7905

Show your REALTORreg PridePurchase a turquoise and sterling silver REALTORreg pin ANDsupport the RANMBenevolent Fund

Purchase Your Pin Now

M Steven Anaya RANM Chief Executive Officer

RANM REALTORreg Voice | First Quarter 2017 | Page 5

From Your CEOWhatrsquos Happening in Washington

Housing MattersRANM members gathered in January in Santa Fe at the Roundhouse Rotunda with MFA the Home Builders of Central New Mexico and the Mortgage Lenders Associa-tion to celebrate the housing industry and its contribution to New Mexicorsquos economy

NARrsquos has identified and is monitoring several issues on the federal level that are of critical importance to REALTORSreg

Tax Reform - NAR Issue Summary

The new leaders of Congressrsquos tax-writing committees Ways and Means Chairman Kevin Brady (R-TX) and Fi-nance Chairman Senator Orrin Hatch (R-UT) have each expressed a strong desire to accomplish tax reform And now that President Trump has taken office and has made it clear that he shares the goal of modernizing the tax code we are facing the possibility of big changes being enacted to the tax law than we have seen in a long time

The path forward to tax reform is still quite cloudy howev-er with policymakers of all stripes expressing a willingness to simplify the tax law and to broaden the base and lower the tax rate a very real possibility exists that common ground on tax reform can be found

Along with this possibility is the danger that the tax incentives for owning a home (such as the elimination or reduction of the Mortgage Interest Deduction) could be diminished for the majority of Americans and that vital provisions for commercial real estate (such as elimination of 1031 Exchanges) could be repealed or limited in order to ldquopay forrdquo lowering the tax rates

NAR acknowledges the complexity of the current tax sys-tem and seeks to assure that tax reforms support the goals of homeownership and the freedom to buy maintain and sell real estate

Tax reform legislation is likely to come into focus this year in late summer

Flood Insurance - NAR Issue Summary

America needs the National Flood Insurance Program which

bull Protects homes and businesses with over 5 million policiesbull Safeguards communi- ties across the countrybull Shields homeowners from devastating costs The average flood claim is $43000

The National Flood In-surance Program expires on September 30 NAR is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold NAR has also issued a series of principles to improve access and afford-ability for consumers

NFIP legislation is likely to move in late spring this year

Government Sponsored Enterprises Reform (Fan-nie Mae and Freddie Mac)

- NAR Issue Summary

Fannie Mae and Freddie Mac play a key role in the secondary mortgage market which is crucial in providing capital for mortgage lend-ing Without the GSEs and FHA-insured loans there would be almost no capi-tal available for mortgage lending This would severely restrict if not curtail home sales and any supporting an-cillary home sales services

There is no projected start date for GSE legislation

It is essential for REAL-TORSreg to highlight NARrsquos positions on these issues to ensure Members of Con-gress do not enact proposals that would disrupt real estate markets around the nation

RANM members will be visiting with New Mexicorsquos Congressional delegation next month during NAR Legislative Meetings to make sure they know where the REALTORSreg stand on these and other issues

Mary EmeryTaos County

Dana CarlsonSilver City

Gaye CookeClovisPortales

Mindy DemottSanta Fe

Jim SmithCARNM

Gretchen KoetherHobbs

Jennifer GoudeLas Cruces

Eva LunaDemingLuna Co

Carole AndersonOtero County

Janie Gilmore-DanielsGreater Albuquerque

Ben LyonsSan Juan Co

Jesse McDanielRoswell

Congratulations to 2016 Member BoardREALTORSreg of the Year

RANM REALTORreg Voice | First Quarter 2017 | Page 6

April 14 2017Good Friday RANM office closed

April 27-May 5 2017Legal Hotline Closed

May 15 2017Applications for RANM Officer and NAR Director Openings due

May 29 2017Memorial Day RANM office closed

May 29-June 2 2017Legal Hotline Closed

June 1 2017Nominations for RANM ROTY due

July 4 2017Independence Day RANM office closed

RANM Deadlines and Dates to Remember

Being honored as REAL-TORreg of the Year is one of the highest honors a member can receive from his or her local board

Congratulations to the latest honorees

RANM REALTORreg Voice | First Quarter 2017 | Page 7

Legal UpdatePosting and Re-Posting on Social Media

Legal Corner provides a limited and general discussion of some but not all aspects of issues that is intended but not guaranteed to be accurate as of the date published This information may become outdated and it is the responsibility of the user to determine if it is current No summary of the law is a substitute for legal advice with respect to a particular matter No attorney-client relationship is intended or implied If legal advice is required the services of a compe-tent attorney should be obtained RANM members are cautioned against engaging in the unauthorized practice of law by advising a consumer of legal rights and obligations or by applying the law to particular facts and circumstances copy 2017 REALTORSreg Association of New Mexico

Legal Corner is researched and written by Ashley Strauss-Martin RANM

General Counsel

Brokers be aware that the rules that apply to the advertising of property that is not listed with your brokerage apply to social media sites that permit the user to ldquosharerdquo or otherwise disseminate information from another userrsquos social media pagepost or from a third-party source Such ldquosharingrdquo is the equivalent of copying another brokeragersquos listing and placing it in your print or website advertise-ment

Strangely nowhere in the NM Real Estate Brokers Act nor the NMREC regulations does it explicitly state that a broker cannot advertise a property listed with another broker without the permission of the listing broker or the seller (pro-vided NMREC advertising rules are followed) So where is this prohibition

To begin Standard of Practice 12-4 from the REALTORSreg Code of Ethics provides that ldquoRE-ALTORSreg shall not offer for salelease or advertise property without authorityrdquo Furthermore MLSs as a matter of local discretion may prohibit participants from advertising specific

properties which are list-ed with other participants (unless the participant has obtained permission from the listing participant)

In the listing agreement the seller grants the list-ing broker the authority to advertise the property The listing agreement also may authorize the listing broker to permit other brokerages to advertise the property conditionally or uncondi-tionally

The placing of a listed prop-erty on a social media site does not give every other brokerage permission to share that listing unless the posting includes language conveying such permission

Such language must be clear as to what permis-sion is given For instance a listing that appears on a social media site that states ldquoCooperating brokers have permission to share this listing on their social media pagerdquo grants the cooperating broker permission to post on hisher social media page only

In contrast a broker that states ldquoThis listing may be shared by any cooperating brokerrdquo places no limitation on how the listing is adver-tised by a cooperating bro-ker which means that the cooperating broker is free to place an advertisement

using any medium though this may not have been the intent of the listing broker or the understanding of the seller

In short just because a social media site permits you to ldquosharerdquo information this doesnrsquot give you the right to do so in a manner that violates NMREC regulations MLS rules andor the REALTORreg Code of Ethics And recall in the event of a NMREC regulation viola-tion the qualifying broker also may be liable as NMREC regulations provide

Just because a social media site permits to to ldquosharerdquo information you must keep in mind NMREC regulations MLS rules

and the REALTORreg Code of Ethics

that the qualifying broker is responsible for supervising all real estate related activ-ities performed by the bro-kerage on behalf of others including but not limited to advertising rdquo

Upcoming Events

RANM REALTORreg Voice | First Quarter 2017 | Page 8

RANM on the Road2017 Dates

June 1 FarmingtonJune 2 Taos

June 7 RoswellJune 8 Las Cruces

RANM Fall ConferenceInn of the Mountain Gods Ruidoso

August 23-25 2017

Follow RANMBe the first to know about RANM events new programs and news

Visit nmrealtorcom and our so-cial media pages often

Help Bring Ideas to LightNAR is accepting applica-tions for committee service in 2018

NAR committees are a great forum for debate and dis-cussion Being on a commit-tee allows you to contribute to the decision-making process and gain national

experience beneficial for those seeking a leadership role

It all starts with your ex-pertise profile - visit wwwCommitteeApprealtor to get started today

Submission deadline is May 23 2017

RANM REALTORreg Voice | First Quarter 2017 | Page 9

Governmental AffairsRPAC-NM Fundraising Underway

Governmental Affairs ar-ticles are researched and written by David Oakeley

RANM GAD

Contributions are not deductible for income tax purposes Contributions to RPAC are voluntary and are used for political purposes You may refuse to con-tribute without reprisal and the National Association of REALTORSreg or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed 70 of each contribution is used by your state PAC to support state and local political candidates Until your state PAC reaches its RPAC goal 30 is sent to National RPAC to support federal candidates and is charged against your limits under 2 USC 441a after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates

2016 RPAC Award Winners Recognized at

RANM January Meetings

Each year the National As-sociation of REALTORSreg sets fundraising and par-ticipation goals for all 50 states (and Puerto Rico) and rewards those that meet the goals In 2015 RANM achieved the highest recognition possible - The Presidentrsquos Cup - but fell short in 2016 as we did not achieve the required mini-mum 20 percent on ldquoCalls for Actionrdquo (we did attain ldquoTriple Crownrdquo status) It is RANMrsquos mission to again attain The Presidentrsquos Cup

To do so requiresbull RPAC-NM raise $175000bull 37 percent of our members contribute $15 or morebull one percent of the members contribute $1000 or more (Major Investors) andbull 10 percent of our Major In- vestors become Presidentrsquos Circle Members

There also are advocacy goals

bull reaching a minimum average response rate of 20 percent on NAR Calls for Action

bull hosting a voter regis- tration drivebull increasing the number of REALTORreg Party Mobile Alerts subscrib- ers andbull meeting Broker In- volvement goals

All the goals are achievable but it will take effort As RANMrsquos membership con-tinues to increase so does the number needed to reach the 37 percent participation goal RANMrsquos membership for 2017 has been pegged at 6122 meaning we need 2266 contributors to reach goal

After three months RPAC-NMrsquos fundraising is at about 62 percent of goal and participation is about 34 percent Not bad for the first quarter but getting the ball past the goal line is the hard part The next few

months are crucial in get-ting RANM closer to goal as wersquore hoping to avoid the stress of last-minute efforts

RPAC DistributionOf the $175000 RPAC-NM is being asked to collect in 2017 $37219

will go to NAR and will be used among other things for contributions to Con-gressional candidates (US House of Representatives US Senate)

After NAR gets its alloca-tion from RPAC-NM the balance is divided among the state organization and local boards The state provides contributions to candidates in executive non-federal statewide races and legislative races Mem-ber Boards can use their money for local races

The next big statewide election is in 2018 as New Mexico will elect a new

GovernorLt Governor with races for Attorney General Secretary of State Treasurer Auditor Com-missioner of Public Lands and numerous Legislative seats

Because of involvement in the political process NAR and RANM are major play-ers in helping pass or defeat legislation that impacts our membership

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 4: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

RANM REALTORreg Voice | First Quarter 2017 | Page 4

From NMRECBroker Duties Rules Revised

New Mexico Real Estate Commission

1-800-801-7505

Congratulations to the following members of the New Mexico Real Estate Commissionrsquos Education Advisory Committee for 2017-2018

Jacque Moise PlacitasLouis Edwards Las Cruces

Micki Shillito DemingNadine Thomason Albuquerque

Dawn Langdon Rio RanchoJudy Jones Alamogordo

Mary Kay Gutierrez AlbuquerqueScott Florez Albuquerque

Al Winkeljohn AlbuquerqueDavid Steele Albuquerque

At their March meeting the New Mexico Real Estate Commission approved changes to Section 1661198 Broker Duties Disclosure of the Real Estate Rules that govern all New Mexico real estate licensees

The entire section has been reorganized and now includes a ldquoBroker Obligations to Other Brokersrdquo section as follows

BROKER OBLIGATIONS TO OTHER BROKERS

Brokers owe the following professional obligations to other brokers however brokers are not required to provide to one another a list of these broker obligations

A honesty reasonable care and ethical and professional conductB timely presentation of offers or counter-offers and responses thereto unless otherwise agreed to in writing by the party to whom the broker is directly providing real estate servicesC active participation in assisting the party to whom the broker is directly providing real estate services in complying with the terms and conditions of the contract and with the closing of the transaction unless otherwise agreed to in writing by the party to whom the broker is directly providing real estate servicesD compliance with local state and federal fair housing and anti-discrimination laws the New Mexico real estate license law and the Real Estate Commission rules the New Mexico Uniform Owner-Resident Relations Act and other applicable local state and federal laws and regulationsE written disclosure of any adverse material facts actually known by the broker about the property or the transaction or about the financial ability of the parties to the transaction to complete the transaction ad- verse material facts requiring disclosure do not include any information covered by federal fair housing laws or the New Mexico Human Rights ActF written disclosure of any potential conflict of interest that the broker has in the transaction including but not limited to any material interest the broker has in the transaction or any relationship of a business per- sonal or family nature that the broker has with a party to the transactionG non-interference with a purchase agreement or any express written agreement that another broker has with a buyer seller landlord (owner) or tenant

The new rules will be effective 30 days after they are filed If you would like a copy of the complete revision of section 1661198 contact the Commission at 1-800-801-7905

Show your REALTORreg PridePurchase a turquoise and sterling silver REALTORreg pin ANDsupport the RANMBenevolent Fund

Purchase Your Pin Now

M Steven Anaya RANM Chief Executive Officer

RANM REALTORreg Voice | First Quarter 2017 | Page 5

From Your CEOWhatrsquos Happening in Washington

Housing MattersRANM members gathered in January in Santa Fe at the Roundhouse Rotunda with MFA the Home Builders of Central New Mexico and the Mortgage Lenders Associa-tion to celebrate the housing industry and its contribution to New Mexicorsquos economy

NARrsquos has identified and is monitoring several issues on the federal level that are of critical importance to REALTORSreg

Tax Reform - NAR Issue Summary

The new leaders of Congressrsquos tax-writing committees Ways and Means Chairman Kevin Brady (R-TX) and Fi-nance Chairman Senator Orrin Hatch (R-UT) have each expressed a strong desire to accomplish tax reform And now that President Trump has taken office and has made it clear that he shares the goal of modernizing the tax code we are facing the possibility of big changes being enacted to the tax law than we have seen in a long time

The path forward to tax reform is still quite cloudy howev-er with policymakers of all stripes expressing a willingness to simplify the tax law and to broaden the base and lower the tax rate a very real possibility exists that common ground on tax reform can be found

Along with this possibility is the danger that the tax incentives for owning a home (such as the elimination or reduction of the Mortgage Interest Deduction) could be diminished for the majority of Americans and that vital provisions for commercial real estate (such as elimination of 1031 Exchanges) could be repealed or limited in order to ldquopay forrdquo lowering the tax rates

NAR acknowledges the complexity of the current tax sys-tem and seeks to assure that tax reforms support the goals of homeownership and the freedom to buy maintain and sell real estate

Tax reform legislation is likely to come into focus this year in late summer

Flood Insurance - NAR Issue Summary

America needs the National Flood Insurance Program which

bull Protects homes and businesses with over 5 million policiesbull Safeguards communi- ties across the countrybull Shields homeowners from devastating costs The average flood claim is $43000

The National Flood In-surance Program expires on September 30 NAR is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold NAR has also issued a series of principles to improve access and afford-ability for consumers

NFIP legislation is likely to move in late spring this year

Government Sponsored Enterprises Reform (Fan-nie Mae and Freddie Mac)

- NAR Issue Summary

Fannie Mae and Freddie Mac play a key role in the secondary mortgage market which is crucial in providing capital for mortgage lend-ing Without the GSEs and FHA-insured loans there would be almost no capi-tal available for mortgage lending This would severely restrict if not curtail home sales and any supporting an-cillary home sales services

There is no projected start date for GSE legislation

It is essential for REAL-TORSreg to highlight NARrsquos positions on these issues to ensure Members of Con-gress do not enact proposals that would disrupt real estate markets around the nation

RANM members will be visiting with New Mexicorsquos Congressional delegation next month during NAR Legislative Meetings to make sure they know where the REALTORSreg stand on these and other issues

Mary EmeryTaos County

Dana CarlsonSilver City

Gaye CookeClovisPortales

Mindy DemottSanta Fe

Jim SmithCARNM

Gretchen KoetherHobbs

Jennifer GoudeLas Cruces

Eva LunaDemingLuna Co

Carole AndersonOtero County

Janie Gilmore-DanielsGreater Albuquerque

Ben LyonsSan Juan Co

Jesse McDanielRoswell

Congratulations to 2016 Member BoardREALTORSreg of the Year

RANM REALTORreg Voice | First Quarter 2017 | Page 6

April 14 2017Good Friday RANM office closed

April 27-May 5 2017Legal Hotline Closed

May 15 2017Applications for RANM Officer and NAR Director Openings due

May 29 2017Memorial Day RANM office closed

May 29-June 2 2017Legal Hotline Closed

June 1 2017Nominations for RANM ROTY due

July 4 2017Independence Day RANM office closed

RANM Deadlines and Dates to Remember

Being honored as REAL-TORreg of the Year is one of the highest honors a member can receive from his or her local board

Congratulations to the latest honorees

RANM REALTORreg Voice | First Quarter 2017 | Page 7

Legal UpdatePosting and Re-Posting on Social Media

Legal Corner provides a limited and general discussion of some but not all aspects of issues that is intended but not guaranteed to be accurate as of the date published This information may become outdated and it is the responsibility of the user to determine if it is current No summary of the law is a substitute for legal advice with respect to a particular matter No attorney-client relationship is intended or implied If legal advice is required the services of a compe-tent attorney should be obtained RANM members are cautioned against engaging in the unauthorized practice of law by advising a consumer of legal rights and obligations or by applying the law to particular facts and circumstances copy 2017 REALTORSreg Association of New Mexico

Legal Corner is researched and written by Ashley Strauss-Martin RANM

General Counsel

Brokers be aware that the rules that apply to the advertising of property that is not listed with your brokerage apply to social media sites that permit the user to ldquosharerdquo or otherwise disseminate information from another userrsquos social media pagepost or from a third-party source Such ldquosharingrdquo is the equivalent of copying another brokeragersquos listing and placing it in your print or website advertise-ment

Strangely nowhere in the NM Real Estate Brokers Act nor the NMREC regulations does it explicitly state that a broker cannot advertise a property listed with another broker without the permission of the listing broker or the seller (pro-vided NMREC advertising rules are followed) So where is this prohibition

To begin Standard of Practice 12-4 from the REALTORSreg Code of Ethics provides that ldquoRE-ALTORSreg shall not offer for salelease or advertise property without authorityrdquo Furthermore MLSs as a matter of local discretion may prohibit participants from advertising specific

properties which are list-ed with other participants (unless the participant has obtained permission from the listing participant)

In the listing agreement the seller grants the list-ing broker the authority to advertise the property The listing agreement also may authorize the listing broker to permit other brokerages to advertise the property conditionally or uncondi-tionally

The placing of a listed prop-erty on a social media site does not give every other brokerage permission to share that listing unless the posting includes language conveying such permission

Such language must be clear as to what permis-sion is given For instance a listing that appears on a social media site that states ldquoCooperating brokers have permission to share this listing on their social media pagerdquo grants the cooperating broker permission to post on hisher social media page only

In contrast a broker that states ldquoThis listing may be shared by any cooperating brokerrdquo places no limitation on how the listing is adver-tised by a cooperating bro-ker which means that the cooperating broker is free to place an advertisement

using any medium though this may not have been the intent of the listing broker or the understanding of the seller

In short just because a social media site permits you to ldquosharerdquo information this doesnrsquot give you the right to do so in a manner that violates NMREC regulations MLS rules andor the REALTORreg Code of Ethics And recall in the event of a NMREC regulation viola-tion the qualifying broker also may be liable as NMREC regulations provide

Just because a social media site permits to to ldquosharerdquo information you must keep in mind NMREC regulations MLS rules

and the REALTORreg Code of Ethics

that the qualifying broker is responsible for supervising all real estate related activ-ities performed by the bro-kerage on behalf of others including but not limited to advertising rdquo

Upcoming Events

RANM REALTORreg Voice | First Quarter 2017 | Page 8

RANM on the Road2017 Dates

June 1 FarmingtonJune 2 Taos

June 7 RoswellJune 8 Las Cruces

RANM Fall ConferenceInn of the Mountain Gods Ruidoso

August 23-25 2017

Follow RANMBe the first to know about RANM events new programs and news

Visit nmrealtorcom and our so-cial media pages often

Help Bring Ideas to LightNAR is accepting applica-tions for committee service in 2018

NAR committees are a great forum for debate and dis-cussion Being on a commit-tee allows you to contribute to the decision-making process and gain national

experience beneficial for those seeking a leadership role

It all starts with your ex-pertise profile - visit wwwCommitteeApprealtor to get started today

Submission deadline is May 23 2017

RANM REALTORreg Voice | First Quarter 2017 | Page 9

Governmental AffairsRPAC-NM Fundraising Underway

Governmental Affairs ar-ticles are researched and written by David Oakeley

RANM GAD

Contributions are not deductible for income tax purposes Contributions to RPAC are voluntary and are used for political purposes You may refuse to con-tribute without reprisal and the National Association of REALTORSreg or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed 70 of each contribution is used by your state PAC to support state and local political candidates Until your state PAC reaches its RPAC goal 30 is sent to National RPAC to support federal candidates and is charged against your limits under 2 USC 441a after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates

2016 RPAC Award Winners Recognized at

RANM January Meetings

Each year the National As-sociation of REALTORSreg sets fundraising and par-ticipation goals for all 50 states (and Puerto Rico) and rewards those that meet the goals In 2015 RANM achieved the highest recognition possible - The Presidentrsquos Cup - but fell short in 2016 as we did not achieve the required mini-mum 20 percent on ldquoCalls for Actionrdquo (we did attain ldquoTriple Crownrdquo status) It is RANMrsquos mission to again attain The Presidentrsquos Cup

To do so requiresbull RPAC-NM raise $175000bull 37 percent of our members contribute $15 or morebull one percent of the members contribute $1000 or more (Major Investors) andbull 10 percent of our Major In- vestors become Presidentrsquos Circle Members

There also are advocacy goals

bull reaching a minimum average response rate of 20 percent on NAR Calls for Action

bull hosting a voter regis- tration drivebull increasing the number of REALTORreg Party Mobile Alerts subscrib- ers andbull meeting Broker In- volvement goals

All the goals are achievable but it will take effort As RANMrsquos membership con-tinues to increase so does the number needed to reach the 37 percent participation goal RANMrsquos membership for 2017 has been pegged at 6122 meaning we need 2266 contributors to reach goal

After three months RPAC-NMrsquos fundraising is at about 62 percent of goal and participation is about 34 percent Not bad for the first quarter but getting the ball past the goal line is the hard part The next few

months are crucial in get-ting RANM closer to goal as wersquore hoping to avoid the stress of last-minute efforts

RPAC DistributionOf the $175000 RPAC-NM is being asked to collect in 2017 $37219

will go to NAR and will be used among other things for contributions to Con-gressional candidates (US House of Representatives US Senate)

After NAR gets its alloca-tion from RPAC-NM the balance is divided among the state organization and local boards The state provides contributions to candidates in executive non-federal statewide races and legislative races Mem-ber Boards can use their money for local races

The next big statewide election is in 2018 as New Mexico will elect a new

GovernorLt Governor with races for Attorney General Secretary of State Treasurer Auditor Com-missioner of Public Lands and numerous Legislative seats

Because of involvement in the political process NAR and RANM are major play-ers in helping pass or defeat legislation that impacts our membership

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 5: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

M Steven Anaya RANM Chief Executive Officer

RANM REALTORreg Voice | First Quarter 2017 | Page 5

From Your CEOWhatrsquos Happening in Washington

Housing MattersRANM members gathered in January in Santa Fe at the Roundhouse Rotunda with MFA the Home Builders of Central New Mexico and the Mortgage Lenders Associa-tion to celebrate the housing industry and its contribution to New Mexicorsquos economy

NARrsquos has identified and is monitoring several issues on the federal level that are of critical importance to REALTORSreg

Tax Reform - NAR Issue Summary

The new leaders of Congressrsquos tax-writing committees Ways and Means Chairman Kevin Brady (R-TX) and Fi-nance Chairman Senator Orrin Hatch (R-UT) have each expressed a strong desire to accomplish tax reform And now that President Trump has taken office and has made it clear that he shares the goal of modernizing the tax code we are facing the possibility of big changes being enacted to the tax law than we have seen in a long time

The path forward to tax reform is still quite cloudy howev-er with policymakers of all stripes expressing a willingness to simplify the tax law and to broaden the base and lower the tax rate a very real possibility exists that common ground on tax reform can be found

Along with this possibility is the danger that the tax incentives for owning a home (such as the elimination or reduction of the Mortgage Interest Deduction) could be diminished for the majority of Americans and that vital provisions for commercial real estate (such as elimination of 1031 Exchanges) could be repealed or limited in order to ldquopay forrdquo lowering the tax rates

NAR acknowledges the complexity of the current tax sys-tem and seeks to assure that tax reforms support the goals of homeownership and the freedom to buy maintain and sell real estate

Tax reform legislation is likely to come into focus this year in late summer

Flood Insurance - NAR Issue Summary

America needs the National Flood Insurance Program which

bull Protects homes and businesses with over 5 million policiesbull Safeguards communi- ties across the countrybull Shields homeowners from devastating costs The average flood claim is $43000

The National Flood In-surance Program expires on September 30 NAR is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold NAR has also issued a series of principles to improve access and afford-ability for consumers

NFIP legislation is likely to move in late spring this year

Government Sponsored Enterprises Reform (Fan-nie Mae and Freddie Mac)

- NAR Issue Summary

Fannie Mae and Freddie Mac play a key role in the secondary mortgage market which is crucial in providing capital for mortgage lend-ing Without the GSEs and FHA-insured loans there would be almost no capi-tal available for mortgage lending This would severely restrict if not curtail home sales and any supporting an-cillary home sales services

There is no projected start date for GSE legislation

It is essential for REAL-TORSreg to highlight NARrsquos positions on these issues to ensure Members of Con-gress do not enact proposals that would disrupt real estate markets around the nation

RANM members will be visiting with New Mexicorsquos Congressional delegation next month during NAR Legislative Meetings to make sure they know where the REALTORSreg stand on these and other issues

Mary EmeryTaos County

Dana CarlsonSilver City

Gaye CookeClovisPortales

Mindy DemottSanta Fe

Jim SmithCARNM

Gretchen KoetherHobbs

Jennifer GoudeLas Cruces

Eva LunaDemingLuna Co

Carole AndersonOtero County

Janie Gilmore-DanielsGreater Albuquerque

Ben LyonsSan Juan Co

Jesse McDanielRoswell

Congratulations to 2016 Member BoardREALTORSreg of the Year

RANM REALTORreg Voice | First Quarter 2017 | Page 6

April 14 2017Good Friday RANM office closed

April 27-May 5 2017Legal Hotline Closed

May 15 2017Applications for RANM Officer and NAR Director Openings due

May 29 2017Memorial Day RANM office closed

May 29-June 2 2017Legal Hotline Closed

June 1 2017Nominations for RANM ROTY due

July 4 2017Independence Day RANM office closed

RANM Deadlines and Dates to Remember

Being honored as REAL-TORreg of the Year is one of the highest honors a member can receive from his or her local board

Congratulations to the latest honorees

RANM REALTORreg Voice | First Quarter 2017 | Page 7

Legal UpdatePosting and Re-Posting on Social Media

Legal Corner provides a limited and general discussion of some but not all aspects of issues that is intended but not guaranteed to be accurate as of the date published This information may become outdated and it is the responsibility of the user to determine if it is current No summary of the law is a substitute for legal advice with respect to a particular matter No attorney-client relationship is intended or implied If legal advice is required the services of a compe-tent attorney should be obtained RANM members are cautioned against engaging in the unauthorized practice of law by advising a consumer of legal rights and obligations or by applying the law to particular facts and circumstances copy 2017 REALTORSreg Association of New Mexico

Legal Corner is researched and written by Ashley Strauss-Martin RANM

General Counsel

Brokers be aware that the rules that apply to the advertising of property that is not listed with your brokerage apply to social media sites that permit the user to ldquosharerdquo or otherwise disseminate information from another userrsquos social media pagepost or from a third-party source Such ldquosharingrdquo is the equivalent of copying another brokeragersquos listing and placing it in your print or website advertise-ment

Strangely nowhere in the NM Real Estate Brokers Act nor the NMREC regulations does it explicitly state that a broker cannot advertise a property listed with another broker without the permission of the listing broker or the seller (pro-vided NMREC advertising rules are followed) So where is this prohibition

To begin Standard of Practice 12-4 from the REALTORSreg Code of Ethics provides that ldquoRE-ALTORSreg shall not offer for salelease or advertise property without authorityrdquo Furthermore MLSs as a matter of local discretion may prohibit participants from advertising specific

properties which are list-ed with other participants (unless the participant has obtained permission from the listing participant)

In the listing agreement the seller grants the list-ing broker the authority to advertise the property The listing agreement also may authorize the listing broker to permit other brokerages to advertise the property conditionally or uncondi-tionally

The placing of a listed prop-erty on a social media site does not give every other brokerage permission to share that listing unless the posting includes language conveying such permission

Such language must be clear as to what permis-sion is given For instance a listing that appears on a social media site that states ldquoCooperating brokers have permission to share this listing on their social media pagerdquo grants the cooperating broker permission to post on hisher social media page only

In contrast a broker that states ldquoThis listing may be shared by any cooperating brokerrdquo places no limitation on how the listing is adver-tised by a cooperating bro-ker which means that the cooperating broker is free to place an advertisement

using any medium though this may not have been the intent of the listing broker or the understanding of the seller

In short just because a social media site permits you to ldquosharerdquo information this doesnrsquot give you the right to do so in a manner that violates NMREC regulations MLS rules andor the REALTORreg Code of Ethics And recall in the event of a NMREC regulation viola-tion the qualifying broker also may be liable as NMREC regulations provide

Just because a social media site permits to to ldquosharerdquo information you must keep in mind NMREC regulations MLS rules

and the REALTORreg Code of Ethics

that the qualifying broker is responsible for supervising all real estate related activ-ities performed by the bro-kerage on behalf of others including but not limited to advertising rdquo

Upcoming Events

RANM REALTORreg Voice | First Quarter 2017 | Page 8

RANM on the Road2017 Dates

June 1 FarmingtonJune 2 Taos

June 7 RoswellJune 8 Las Cruces

RANM Fall ConferenceInn of the Mountain Gods Ruidoso

August 23-25 2017

Follow RANMBe the first to know about RANM events new programs and news

Visit nmrealtorcom and our so-cial media pages often

Help Bring Ideas to LightNAR is accepting applica-tions for committee service in 2018

NAR committees are a great forum for debate and dis-cussion Being on a commit-tee allows you to contribute to the decision-making process and gain national

experience beneficial for those seeking a leadership role

It all starts with your ex-pertise profile - visit wwwCommitteeApprealtor to get started today

Submission deadline is May 23 2017

RANM REALTORreg Voice | First Quarter 2017 | Page 9

Governmental AffairsRPAC-NM Fundraising Underway

Governmental Affairs ar-ticles are researched and written by David Oakeley

RANM GAD

Contributions are not deductible for income tax purposes Contributions to RPAC are voluntary and are used for political purposes You may refuse to con-tribute without reprisal and the National Association of REALTORSreg or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed 70 of each contribution is used by your state PAC to support state and local political candidates Until your state PAC reaches its RPAC goal 30 is sent to National RPAC to support federal candidates and is charged against your limits under 2 USC 441a after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates

2016 RPAC Award Winners Recognized at

RANM January Meetings

Each year the National As-sociation of REALTORSreg sets fundraising and par-ticipation goals for all 50 states (and Puerto Rico) and rewards those that meet the goals In 2015 RANM achieved the highest recognition possible - The Presidentrsquos Cup - but fell short in 2016 as we did not achieve the required mini-mum 20 percent on ldquoCalls for Actionrdquo (we did attain ldquoTriple Crownrdquo status) It is RANMrsquos mission to again attain The Presidentrsquos Cup

To do so requiresbull RPAC-NM raise $175000bull 37 percent of our members contribute $15 or morebull one percent of the members contribute $1000 or more (Major Investors) andbull 10 percent of our Major In- vestors become Presidentrsquos Circle Members

There also are advocacy goals

bull reaching a minimum average response rate of 20 percent on NAR Calls for Action

bull hosting a voter regis- tration drivebull increasing the number of REALTORreg Party Mobile Alerts subscrib- ers andbull meeting Broker In- volvement goals

All the goals are achievable but it will take effort As RANMrsquos membership con-tinues to increase so does the number needed to reach the 37 percent participation goal RANMrsquos membership for 2017 has been pegged at 6122 meaning we need 2266 contributors to reach goal

After three months RPAC-NMrsquos fundraising is at about 62 percent of goal and participation is about 34 percent Not bad for the first quarter but getting the ball past the goal line is the hard part The next few

months are crucial in get-ting RANM closer to goal as wersquore hoping to avoid the stress of last-minute efforts

RPAC DistributionOf the $175000 RPAC-NM is being asked to collect in 2017 $37219

will go to NAR and will be used among other things for contributions to Con-gressional candidates (US House of Representatives US Senate)

After NAR gets its alloca-tion from RPAC-NM the balance is divided among the state organization and local boards The state provides contributions to candidates in executive non-federal statewide races and legislative races Mem-ber Boards can use their money for local races

The next big statewide election is in 2018 as New Mexico will elect a new

GovernorLt Governor with races for Attorney General Secretary of State Treasurer Auditor Com-missioner of Public Lands and numerous Legislative seats

Because of involvement in the political process NAR and RANM are major play-ers in helping pass or defeat legislation that impacts our membership

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 6: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

Mary EmeryTaos County

Dana CarlsonSilver City

Gaye CookeClovisPortales

Mindy DemottSanta Fe

Jim SmithCARNM

Gretchen KoetherHobbs

Jennifer GoudeLas Cruces

Eva LunaDemingLuna Co

Carole AndersonOtero County

Janie Gilmore-DanielsGreater Albuquerque

Ben LyonsSan Juan Co

Jesse McDanielRoswell

Congratulations to 2016 Member BoardREALTORSreg of the Year

RANM REALTORreg Voice | First Quarter 2017 | Page 6

April 14 2017Good Friday RANM office closed

April 27-May 5 2017Legal Hotline Closed

May 15 2017Applications for RANM Officer and NAR Director Openings due

May 29 2017Memorial Day RANM office closed

May 29-June 2 2017Legal Hotline Closed

June 1 2017Nominations for RANM ROTY due

July 4 2017Independence Day RANM office closed

RANM Deadlines and Dates to Remember

Being honored as REAL-TORreg of the Year is one of the highest honors a member can receive from his or her local board

Congratulations to the latest honorees

RANM REALTORreg Voice | First Quarter 2017 | Page 7

Legal UpdatePosting and Re-Posting on Social Media

Legal Corner provides a limited and general discussion of some but not all aspects of issues that is intended but not guaranteed to be accurate as of the date published This information may become outdated and it is the responsibility of the user to determine if it is current No summary of the law is a substitute for legal advice with respect to a particular matter No attorney-client relationship is intended or implied If legal advice is required the services of a compe-tent attorney should be obtained RANM members are cautioned against engaging in the unauthorized practice of law by advising a consumer of legal rights and obligations or by applying the law to particular facts and circumstances copy 2017 REALTORSreg Association of New Mexico

Legal Corner is researched and written by Ashley Strauss-Martin RANM

General Counsel

Brokers be aware that the rules that apply to the advertising of property that is not listed with your brokerage apply to social media sites that permit the user to ldquosharerdquo or otherwise disseminate information from another userrsquos social media pagepost or from a third-party source Such ldquosharingrdquo is the equivalent of copying another brokeragersquos listing and placing it in your print or website advertise-ment

Strangely nowhere in the NM Real Estate Brokers Act nor the NMREC regulations does it explicitly state that a broker cannot advertise a property listed with another broker without the permission of the listing broker or the seller (pro-vided NMREC advertising rules are followed) So where is this prohibition

To begin Standard of Practice 12-4 from the REALTORSreg Code of Ethics provides that ldquoRE-ALTORSreg shall not offer for salelease or advertise property without authorityrdquo Furthermore MLSs as a matter of local discretion may prohibit participants from advertising specific

properties which are list-ed with other participants (unless the participant has obtained permission from the listing participant)

In the listing agreement the seller grants the list-ing broker the authority to advertise the property The listing agreement also may authorize the listing broker to permit other brokerages to advertise the property conditionally or uncondi-tionally

The placing of a listed prop-erty on a social media site does not give every other brokerage permission to share that listing unless the posting includes language conveying such permission

Such language must be clear as to what permis-sion is given For instance a listing that appears on a social media site that states ldquoCooperating brokers have permission to share this listing on their social media pagerdquo grants the cooperating broker permission to post on hisher social media page only

In contrast a broker that states ldquoThis listing may be shared by any cooperating brokerrdquo places no limitation on how the listing is adver-tised by a cooperating bro-ker which means that the cooperating broker is free to place an advertisement

using any medium though this may not have been the intent of the listing broker or the understanding of the seller

In short just because a social media site permits you to ldquosharerdquo information this doesnrsquot give you the right to do so in a manner that violates NMREC regulations MLS rules andor the REALTORreg Code of Ethics And recall in the event of a NMREC regulation viola-tion the qualifying broker also may be liable as NMREC regulations provide

Just because a social media site permits to to ldquosharerdquo information you must keep in mind NMREC regulations MLS rules

and the REALTORreg Code of Ethics

that the qualifying broker is responsible for supervising all real estate related activ-ities performed by the bro-kerage on behalf of others including but not limited to advertising rdquo

Upcoming Events

RANM REALTORreg Voice | First Quarter 2017 | Page 8

RANM on the Road2017 Dates

June 1 FarmingtonJune 2 Taos

June 7 RoswellJune 8 Las Cruces

RANM Fall ConferenceInn of the Mountain Gods Ruidoso

August 23-25 2017

Follow RANMBe the first to know about RANM events new programs and news

Visit nmrealtorcom and our so-cial media pages often

Help Bring Ideas to LightNAR is accepting applica-tions for committee service in 2018

NAR committees are a great forum for debate and dis-cussion Being on a commit-tee allows you to contribute to the decision-making process and gain national

experience beneficial for those seeking a leadership role

It all starts with your ex-pertise profile - visit wwwCommitteeApprealtor to get started today

Submission deadline is May 23 2017

RANM REALTORreg Voice | First Quarter 2017 | Page 9

Governmental AffairsRPAC-NM Fundraising Underway

Governmental Affairs ar-ticles are researched and written by David Oakeley

RANM GAD

Contributions are not deductible for income tax purposes Contributions to RPAC are voluntary and are used for political purposes You may refuse to con-tribute without reprisal and the National Association of REALTORSreg or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed 70 of each contribution is used by your state PAC to support state and local political candidates Until your state PAC reaches its RPAC goal 30 is sent to National RPAC to support federal candidates and is charged against your limits under 2 USC 441a after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates

2016 RPAC Award Winners Recognized at

RANM January Meetings

Each year the National As-sociation of REALTORSreg sets fundraising and par-ticipation goals for all 50 states (and Puerto Rico) and rewards those that meet the goals In 2015 RANM achieved the highest recognition possible - The Presidentrsquos Cup - but fell short in 2016 as we did not achieve the required mini-mum 20 percent on ldquoCalls for Actionrdquo (we did attain ldquoTriple Crownrdquo status) It is RANMrsquos mission to again attain The Presidentrsquos Cup

To do so requiresbull RPAC-NM raise $175000bull 37 percent of our members contribute $15 or morebull one percent of the members contribute $1000 or more (Major Investors) andbull 10 percent of our Major In- vestors become Presidentrsquos Circle Members

There also are advocacy goals

bull reaching a minimum average response rate of 20 percent on NAR Calls for Action

bull hosting a voter regis- tration drivebull increasing the number of REALTORreg Party Mobile Alerts subscrib- ers andbull meeting Broker In- volvement goals

All the goals are achievable but it will take effort As RANMrsquos membership con-tinues to increase so does the number needed to reach the 37 percent participation goal RANMrsquos membership for 2017 has been pegged at 6122 meaning we need 2266 contributors to reach goal

After three months RPAC-NMrsquos fundraising is at about 62 percent of goal and participation is about 34 percent Not bad for the first quarter but getting the ball past the goal line is the hard part The next few

months are crucial in get-ting RANM closer to goal as wersquore hoping to avoid the stress of last-minute efforts

RPAC DistributionOf the $175000 RPAC-NM is being asked to collect in 2017 $37219

will go to NAR and will be used among other things for contributions to Con-gressional candidates (US House of Representatives US Senate)

After NAR gets its alloca-tion from RPAC-NM the balance is divided among the state organization and local boards The state provides contributions to candidates in executive non-federal statewide races and legislative races Mem-ber Boards can use their money for local races

The next big statewide election is in 2018 as New Mexico will elect a new

GovernorLt Governor with races for Attorney General Secretary of State Treasurer Auditor Com-missioner of Public Lands and numerous Legislative seats

Because of involvement in the political process NAR and RANM are major play-ers in helping pass or defeat legislation that impacts our membership

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 7: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

RANM REALTORreg Voice | First Quarter 2017 | Page 7

Legal UpdatePosting and Re-Posting on Social Media

Legal Corner provides a limited and general discussion of some but not all aspects of issues that is intended but not guaranteed to be accurate as of the date published This information may become outdated and it is the responsibility of the user to determine if it is current No summary of the law is a substitute for legal advice with respect to a particular matter No attorney-client relationship is intended or implied If legal advice is required the services of a compe-tent attorney should be obtained RANM members are cautioned against engaging in the unauthorized practice of law by advising a consumer of legal rights and obligations or by applying the law to particular facts and circumstances copy 2017 REALTORSreg Association of New Mexico

Legal Corner is researched and written by Ashley Strauss-Martin RANM

General Counsel

Brokers be aware that the rules that apply to the advertising of property that is not listed with your brokerage apply to social media sites that permit the user to ldquosharerdquo or otherwise disseminate information from another userrsquos social media pagepost or from a third-party source Such ldquosharingrdquo is the equivalent of copying another brokeragersquos listing and placing it in your print or website advertise-ment

Strangely nowhere in the NM Real Estate Brokers Act nor the NMREC regulations does it explicitly state that a broker cannot advertise a property listed with another broker without the permission of the listing broker or the seller (pro-vided NMREC advertising rules are followed) So where is this prohibition

To begin Standard of Practice 12-4 from the REALTORSreg Code of Ethics provides that ldquoRE-ALTORSreg shall not offer for salelease or advertise property without authorityrdquo Furthermore MLSs as a matter of local discretion may prohibit participants from advertising specific

properties which are list-ed with other participants (unless the participant has obtained permission from the listing participant)

In the listing agreement the seller grants the list-ing broker the authority to advertise the property The listing agreement also may authorize the listing broker to permit other brokerages to advertise the property conditionally or uncondi-tionally

The placing of a listed prop-erty on a social media site does not give every other brokerage permission to share that listing unless the posting includes language conveying such permission

Such language must be clear as to what permis-sion is given For instance a listing that appears on a social media site that states ldquoCooperating brokers have permission to share this listing on their social media pagerdquo grants the cooperating broker permission to post on hisher social media page only

In contrast a broker that states ldquoThis listing may be shared by any cooperating brokerrdquo places no limitation on how the listing is adver-tised by a cooperating bro-ker which means that the cooperating broker is free to place an advertisement

using any medium though this may not have been the intent of the listing broker or the understanding of the seller

In short just because a social media site permits you to ldquosharerdquo information this doesnrsquot give you the right to do so in a manner that violates NMREC regulations MLS rules andor the REALTORreg Code of Ethics And recall in the event of a NMREC regulation viola-tion the qualifying broker also may be liable as NMREC regulations provide

Just because a social media site permits to to ldquosharerdquo information you must keep in mind NMREC regulations MLS rules

and the REALTORreg Code of Ethics

that the qualifying broker is responsible for supervising all real estate related activ-ities performed by the bro-kerage on behalf of others including but not limited to advertising rdquo

Upcoming Events

RANM REALTORreg Voice | First Quarter 2017 | Page 8

RANM on the Road2017 Dates

June 1 FarmingtonJune 2 Taos

June 7 RoswellJune 8 Las Cruces

RANM Fall ConferenceInn of the Mountain Gods Ruidoso

August 23-25 2017

Follow RANMBe the first to know about RANM events new programs and news

Visit nmrealtorcom and our so-cial media pages often

Help Bring Ideas to LightNAR is accepting applica-tions for committee service in 2018

NAR committees are a great forum for debate and dis-cussion Being on a commit-tee allows you to contribute to the decision-making process and gain national

experience beneficial for those seeking a leadership role

It all starts with your ex-pertise profile - visit wwwCommitteeApprealtor to get started today

Submission deadline is May 23 2017

RANM REALTORreg Voice | First Quarter 2017 | Page 9

Governmental AffairsRPAC-NM Fundraising Underway

Governmental Affairs ar-ticles are researched and written by David Oakeley

RANM GAD

Contributions are not deductible for income tax purposes Contributions to RPAC are voluntary and are used for political purposes You may refuse to con-tribute without reprisal and the National Association of REALTORSreg or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed 70 of each contribution is used by your state PAC to support state and local political candidates Until your state PAC reaches its RPAC goal 30 is sent to National RPAC to support federal candidates and is charged against your limits under 2 USC 441a after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates

2016 RPAC Award Winners Recognized at

RANM January Meetings

Each year the National As-sociation of REALTORSreg sets fundraising and par-ticipation goals for all 50 states (and Puerto Rico) and rewards those that meet the goals In 2015 RANM achieved the highest recognition possible - The Presidentrsquos Cup - but fell short in 2016 as we did not achieve the required mini-mum 20 percent on ldquoCalls for Actionrdquo (we did attain ldquoTriple Crownrdquo status) It is RANMrsquos mission to again attain The Presidentrsquos Cup

To do so requiresbull RPAC-NM raise $175000bull 37 percent of our members contribute $15 or morebull one percent of the members contribute $1000 or more (Major Investors) andbull 10 percent of our Major In- vestors become Presidentrsquos Circle Members

There also are advocacy goals

bull reaching a minimum average response rate of 20 percent on NAR Calls for Action

bull hosting a voter regis- tration drivebull increasing the number of REALTORreg Party Mobile Alerts subscrib- ers andbull meeting Broker In- volvement goals

All the goals are achievable but it will take effort As RANMrsquos membership con-tinues to increase so does the number needed to reach the 37 percent participation goal RANMrsquos membership for 2017 has been pegged at 6122 meaning we need 2266 contributors to reach goal

After three months RPAC-NMrsquos fundraising is at about 62 percent of goal and participation is about 34 percent Not bad for the first quarter but getting the ball past the goal line is the hard part The next few

months are crucial in get-ting RANM closer to goal as wersquore hoping to avoid the stress of last-minute efforts

RPAC DistributionOf the $175000 RPAC-NM is being asked to collect in 2017 $37219

will go to NAR and will be used among other things for contributions to Con-gressional candidates (US House of Representatives US Senate)

After NAR gets its alloca-tion from RPAC-NM the balance is divided among the state organization and local boards The state provides contributions to candidates in executive non-federal statewide races and legislative races Mem-ber Boards can use their money for local races

The next big statewide election is in 2018 as New Mexico will elect a new

GovernorLt Governor with races for Attorney General Secretary of State Treasurer Auditor Com-missioner of Public Lands and numerous Legislative seats

Because of involvement in the political process NAR and RANM are major play-ers in helping pass or defeat legislation that impacts our membership

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 8: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

Upcoming Events

RANM REALTORreg Voice | First Quarter 2017 | Page 8

RANM on the Road2017 Dates

June 1 FarmingtonJune 2 Taos

June 7 RoswellJune 8 Las Cruces

RANM Fall ConferenceInn of the Mountain Gods Ruidoso

August 23-25 2017

Follow RANMBe the first to know about RANM events new programs and news

Visit nmrealtorcom and our so-cial media pages often

Help Bring Ideas to LightNAR is accepting applica-tions for committee service in 2018

NAR committees are a great forum for debate and dis-cussion Being on a commit-tee allows you to contribute to the decision-making process and gain national

experience beneficial for those seeking a leadership role

It all starts with your ex-pertise profile - visit wwwCommitteeApprealtor to get started today

Submission deadline is May 23 2017

RANM REALTORreg Voice | First Quarter 2017 | Page 9

Governmental AffairsRPAC-NM Fundraising Underway

Governmental Affairs ar-ticles are researched and written by David Oakeley

RANM GAD

Contributions are not deductible for income tax purposes Contributions to RPAC are voluntary and are used for political purposes You may refuse to con-tribute without reprisal and the National Association of REALTORSreg or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed 70 of each contribution is used by your state PAC to support state and local political candidates Until your state PAC reaches its RPAC goal 30 is sent to National RPAC to support federal candidates and is charged against your limits under 2 USC 441a after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates

2016 RPAC Award Winners Recognized at

RANM January Meetings

Each year the National As-sociation of REALTORSreg sets fundraising and par-ticipation goals for all 50 states (and Puerto Rico) and rewards those that meet the goals In 2015 RANM achieved the highest recognition possible - The Presidentrsquos Cup - but fell short in 2016 as we did not achieve the required mini-mum 20 percent on ldquoCalls for Actionrdquo (we did attain ldquoTriple Crownrdquo status) It is RANMrsquos mission to again attain The Presidentrsquos Cup

To do so requiresbull RPAC-NM raise $175000bull 37 percent of our members contribute $15 or morebull one percent of the members contribute $1000 or more (Major Investors) andbull 10 percent of our Major In- vestors become Presidentrsquos Circle Members

There also are advocacy goals

bull reaching a minimum average response rate of 20 percent on NAR Calls for Action

bull hosting a voter regis- tration drivebull increasing the number of REALTORreg Party Mobile Alerts subscrib- ers andbull meeting Broker In- volvement goals

All the goals are achievable but it will take effort As RANMrsquos membership con-tinues to increase so does the number needed to reach the 37 percent participation goal RANMrsquos membership for 2017 has been pegged at 6122 meaning we need 2266 contributors to reach goal

After three months RPAC-NMrsquos fundraising is at about 62 percent of goal and participation is about 34 percent Not bad for the first quarter but getting the ball past the goal line is the hard part The next few

months are crucial in get-ting RANM closer to goal as wersquore hoping to avoid the stress of last-minute efforts

RPAC DistributionOf the $175000 RPAC-NM is being asked to collect in 2017 $37219

will go to NAR and will be used among other things for contributions to Con-gressional candidates (US House of Representatives US Senate)

After NAR gets its alloca-tion from RPAC-NM the balance is divided among the state organization and local boards The state provides contributions to candidates in executive non-federal statewide races and legislative races Mem-ber Boards can use their money for local races

The next big statewide election is in 2018 as New Mexico will elect a new

GovernorLt Governor with races for Attorney General Secretary of State Treasurer Auditor Com-missioner of Public Lands and numerous Legislative seats

Because of involvement in the political process NAR and RANM are major play-ers in helping pass or defeat legislation that impacts our membership

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 9: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

RANM REALTORreg Voice | First Quarter 2017 | Page 9

Governmental AffairsRPAC-NM Fundraising Underway

Governmental Affairs ar-ticles are researched and written by David Oakeley

RANM GAD

Contributions are not deductible for income tax purposes Contributions to RPAC are voluntary and are used for political purposes You may refuse to con-tribute without reprisal and the National Association of REALTORSreg or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed 70 of each contribution is used by your state PAC to support state and local political candidates Until your state PAC reaches its RPAC goal 30 is sent to National RPAC to support federal candidates and is charged against your limits under 2 USC 441a after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates

2016 RPAC Award Winners Recognized at

RANM January Meetings

Each year the National As-sociation of REALTORSreg sets fundraising and par-ticipation goals for all 50 states (and Puerto Rico) and rewards those that meet the goals In 2015 RANM achieved the highest recognition possible - The Presidentrsquos Cup - but fell short in 2016 as we did not achieve the required mini-mum 20 percent on ldquoCalls for Actionrdquo (we did attain ldquoTriple Crownrdquo status) It is RANMrsquos mission to again attain The Presidentrsquos Cup

To do so requiresbull RPAC-NM raise $175000bull 37 percent of our members contribute $15 or morebull one percent of the members contribute $1000 or more (Major Investors) andbull 10 percent of our Major In- vestors become Presidentrsquos Circle Members

There also are advocacy goals

bull reaching a minimum average response rate of 20 percent on NAR Calls for Action

bull hosting a voter regis- tration drivebull increasing the number of REALTORreg Party Mobile Alerts subscrib- ers andbull meeting Broker In- volvement goals

All the goals are achievable but it will take effort As RANMrsquos membership con-tinues to increase so does the number needed to reach the 37 percent participation goal RANMrsquos membership for 2017 has been pegged at 6122 meaning we need 2266 contributors to reach goal

After three months RPAC-NMrsquos fundraising is at about 62 percent of goal and participation is about 34 percent Not bad for the first quarter but getting the ball past the goal line is the hard part The next few

months are crucial in get-ting RANM closer to goal as wersquore hoping to avoid the stress of last-minute efforts

RPAC DistributionOf the $175000 RPAC-NM is being asked to collect in 2017 $37219

will go to NAR and will be used among other things for contributions to Con-gressional candidates (US House of Representatives US Senate)

After NAR gets its alloca-tion from RPAC-NM the balance is divided among the state organization and local boards The state provides contributions to candidates in executive non-federal statewide races and legislative races Mem-ber Boards can use their money for local races

The next big statewide election is in 2018 as New Mexico will elect a new

GovernorLt Governor with races for Attorney General Secretary of State Treasurer Auditor Com-missioner of Public Lands and numerous Legislative seats

Because of involvement in the political process NAR and RANM are major play-ers in helping pass or defeat legislation that impacts our membership

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 10: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

Las Vegas Association of REALTORSregMichael Kauffman President

RANM REALTORreg Voice | First Quarter 2017 | Page 10

2017 Member Board Officers Installed

Carlsbad Board of REALTORSregStacey Blackmon President

Gallup Board of REALTORSregMaria Guimaraes President

Otero County Association of REALTORSregJustin Munoz President

RANM President Victoria Murphy DVPs Bill Davis James Russ Ben Lyons and Paul Romero and CEO Steve Anaya spent January and February traveling the state and installing officers of RANM Member Boards

Congratulations to all the 2017 Member Board officers and directors

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 11: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

RANM REALTORreg Voice | First Quarter 2017 | Page 11

Sierra County Board of REALTORSregEarl Greer President

Taos County Association of REALTORSregMichael Stille President

Silver City Regional Associa-tion of REALTORSregCassie Carver President

Los Alamos Association of REALTORSregDavid Horpedahl President

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager

Page 12: THE REALTOR® VOICE - Constant Contactfiles.constantcontact.com/0b88f85b001/11d1deb4-a54... · which is crucial in providing capital for mortgage lend-ing. Without the GSEs and FHA-insured

RANM REALTORreg Voice | First Quarter 2017 | Page 12

Hobbs Board of REALTORSregTracy Coleman President

Roswell Association of REALTORSregMarcia Tidwell President

San Juan County Board of REALTORSregAnita Hagen President

The REALTORreg Voice is published four times a year by the REALTORSreg Association of New Mexico 2201 Brothers Road Santa Fe NM 87505 Phone 800-224-2282 (982-2442 in Santa Fe) fax 505-983-8809

wwwnmrealtorcom

The Voice for Real Estate in New Mexicotrade

Copyright 2017 REALTORSreg Association of New Mexico -

all Rights ReservedFor permission to reprint

any article or portion thereof contained in this edition call

800-224-2282

2017 RANM OfficersVictoria Murphy ABR AHWD CRS GRI SRES - PresidentConnie Hettinga ABR CRS AHWD e-PRO - President ElectPaul Wilson ABR CRS SRESM Steven Anaya RCE - Chief Executive Officer

Barbara Arnal - Member Services DirectorTim Buck - Information Technology SpecialistEva Maestas - Office ManagerDiane Moehlenbrink CAE RCE - Communications DirectorDavid Oakeley - Governmental Affairs DirectorMellanie Trujillo - Accounts Manager