Tom Salomone Archive

As Regulatory Framework Evolves, Drone Use Remains Important to Real Estate

When the Federal Aviation Administration released its final rule on commercial drone use back in June, it represented a big step forward for real estate practitioners looking to put drones to work in their own business. Today, at the...
November 5, 2016

What Will Housing Policy Look Like Under Clinton, Trump Administration? Experts Weigh in

With the presidential election just four days away, speculation is running high at the 2016 REALTORS® Conference and Expo on how the outcome could affect housing policy. Jim Parrott, a senior fellow at the Urban Institute and owner of...

Realtors® and Orlando Habitat Help Make Home Happen

    When NAR President Tom Salomone took office last November, he challenged the association’s more than 1 million members to go beyond what is expected in their business and in their community: to meet their responsibilities…and then some. More...
November 3, 2016

NAR Weighs In On ‘Know Before You Owe’ Fixes

This week marked the deadline for comments on the Consumer Financial Protection Bureau’s proposed fixes for the ‘Know Before You Owe Rule,’ and National Association of Realtors® President Tom Salomone weighed in to highlight Realtors®’ concerns. In a letter to...

Salomone: PHH Decision Offers “Much-Needed Clarity”

In a decision that has the potential to change the landscape on marketing service agreements between a real estate brokerage and settlement service providers, the DC Court of Appeals ruled today that payments for bona fide services provided and made...

Appraiser Concerns Addressed with Single Family Handbook Update

Appraisers are well-suited to offering an objective home valuation, but testing appliances is a job best left to a home inspector. That was the message Realtors® sent earlier this year when the Federal Housing Administration’s “Single Family Housing Policy...
October 5, 2016

Realtors® Mark Know Before You Owe Anniversary with Survey Showing Challenges Remain:

The Consumer Financial Protection Bureau’s “Know Before You Owe” rules went into effect one year ago today, and according to fresh survey data from the National Association of Realtors®, there’s still work ahead to get it right. “Looking back...

Congressional Committee Puts Credit Hurdles Under Microscope

The House Financial Services Subcommittee on Financial Institutions and Consumer Credit took a hard look at access to credit this week with a hearing titled “Examining Legislative Proposals to Address Consumer Access to Mainstream Banking Services.” Of particular interest...
September 27, 2016

With Settlement, Realtors® Claim Patent Abuse Victory

When several real estate businesses complained of overly broad patent-infringement lawsuits, the National Association of Realtors® stepped up. Data Distribution Technologies, a subsidiary of the patent enforcement firm General Patent Corporation, engaged the businesses over the past year disputing...
September 20, 2016

Realtors® Show Support for Legislation Addressing Wildfire

In many communities around the country, wildfire represents a serious threat to homes and other property. But Congress is currently considering legislation that addresses this concern, the “Resilient Federal Forests Act of 2015.” The bill aims to improve forest...
September 15, 2016