New Health Orders Affect Real Estate Brokers in New Mexico
Manage episode 277765831 series 2813785
Some NEW Health Orders just emerged from New Mexico that we definitely don’t want to spread around the country. Learn what the new guidelines say, who they impact, and how they’re changing the way real estate is done in New Mexico—and hear what you can do to protect the very essential business of real estate in your own community.
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- 00:30 - Introducing today’s topic: New Health Orders in New Mexico and their impact
- 01:20 - Real estate was not listed as an essential business in NM
- 02:00 - The specific guidelines
- 02:20 - Offices must be closed and business can only be done virtually
- 04:00 - Brokers cannot have personal interactions with clients or anyone involved in the transaction
- 06:00 - A buyer can tour a property but must be unaccompanied by their broker
- 07:05 - “Just don’t do it” isn’t a sufficient answer; people need a personalized answer
- 08:00 - Another guideline says the broker can’t have personal interactions with other individuals involved in the transaction, like the inspector
- 09:20 - Title companies can still do their thing
- 09:45 - We are voters, professionals, and consumers; real estate should be deemed essential and we need to protect that
- 10:10 - The lower price points are the most at risk
- 10:50 - What YOU can do today
3 Key Points
- Even if you don’t live in New Mexico, your state may follow suit.
- Speak up!
- REALTORS® provide consumer protection and act as an extra set of eyes.
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