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Steve’s Blog
Dangers of the Double Escrow – Part 1
By Scott A. Marquis, Esq. Scott A. Marquis is a shareholder with of the law firm, Marquis Aurbach Coffing. He is recognized on the Mountain States Super Lawyers list, and has an AV Rating from Martindale-Hubbell. Scott can be reached at (702) 382-0711 or by visiting...
Industry Update w/ Steven Kitnick
Recently I was a guest on the Wandering But Not Lost Podcast with Jan O’Brien. We had a conversation on the current market conditions and discussed what has been trending over the past month and where things may be headed.
Webinar CE Classes vs. Online CE Courses
The Nevada Real Estate Division recently approved digital technology such as Live Stream / Real-Time / Video Conferencing as a delivery method that qualifies for “Live Classroom Instruction.” In addition to my Webinar “Live Classes” I’m still offering Online CE...
Invitation to Join Zoom! Live Stream Video Conferencing Platform – User-Friendly – Tutorials
I'm inviting you to join Zoom! Click on link below to view Zoom product features, plans, and pricing. Begin the signup process and you'll be on your way to the best video conferencing platform available! You can sign up for a FREE account if you like! You DO NOT need...
Steve’s News Bulletin – Education, License & Permit Renewals, NRED Announcements
Live instruction now includes method(s) of course delivery where the instructor and the students interact in real-time, either at the same physical location (classroom instruction is where the instructor is alive and the student is alive and both instructor and...
HOW TO ACCESS YOUR LIVE STREAM VIDEO CONFERENCING CE COURSE VIA ZOOM WEBINAR
LIVE STREAM VIDEO CONFERENCING NOW APPROVED FOR LIVE CLASSROOM INSTRUCTION! On March 27th, 2020, the Nevada Real Estate Division declared "Live instruction shall include method(s) of course delivery where the instructor and the students interact in real-time, either...
Real Estate Division FAQ re: CE class extension, license renewal extension, new license applications, transferring brokerages, etc.
I have been receiving numerous emails, texts, and phone calls regarding the recent Nevada Real Estate Division announcements. Here's some answers to your questions. 1. Licensees renewing in March and April must still pay their renewal fees online in the month it is...
National Association of REALTORS® Coronavirus: A Guide for REALTORS®
Click Here for the National Association of REALTORS Guide
Does the 3/23/2020 NRED New Guidance – Renewal Extension supercede the 3/13/2020 Temporary Licensing Guidance in Response to COVID-19 ?
No, they are two separate issues. One has to do with continuing education (CE) requirements and license renewals due in March and April and extending the CE requirements due date to May 31st, 2020. The other has to do with ALL RENEWALS (licenses, certificates,...
Using the Coronavirus Addendum/Amendment
The form can be used as an Addendum or Amendment. An Addendum is the proper form to be used when adding additional terms and conditions of a contract. If you're using the Las Vegas REALTORS (formerly, GLVAR) Residential Purchase Agreement ("RPA") refer to paragraph...
What if I can’t get Live CE Classes in time to renew my license?
The Nevada Real Estate Division is granting real estate licensees renewing between March 15th and May 31st, 2020 a temporary 90-Day extension to complete the live instruction portion of their continuing education requirement. Licensees are still required to renew...
Can I be paid my commission from my previous broker after I move to a new broker?
I asked Chief Compliance/Audit Investigator at the Nevada Real Estate Division Jan Holle to offer his opinion on whether a licensee may be paid commission owed to them by either their previous broker or their new broker. I also asked him to comment on brokers who have...
Should I Use a Licensed Contractor?
https://youtu.be/BPqY-zjadtg
Do I need 36 CE hours or 24 to renew my license in January 2020?
24! SB230 was effective July 1, 2019, however, “the Division anticipates the Commission will adopt regulations that prescribe the standards for the continuing education by December 2019.” “If the Commission adopts regulations in December 2019, then by...
What happens if I misplace my CE Certificate?
If you misplace your CE certificate you must contact the school, the course sponsor, or the instructor who presented the course and request a duplicate certificate. The Division does not maintain copies of CE certificates. We recommend you scan and save a copy of your...
Is my education history as reflected on “My Account” on the Division’s website proof of completion of my education requirements?
NO! The education history reflected on your My Account on the Division's website is not proof of completion and should be used for reference ONLY! You are required to submit copies of your Continuing Education (CE) certificates to the Division upon renewal, regardless...
I’m a Nevada real estate broker. I’m confused about Form 546A – Affidavit in Lieu of Form 546. Can you help?
I spoke with Forrest Barbee, Broker, Berkshire Hathaway Homes Services Nevada, and he believes "the top of the old 2012 version [Rev. 03/12/2012] of Form 546A is what caused the confusion." Forrest, opined "the more recent Form 546A [Rev. 05/9/2018] wisely...
Is a broker required to submit an annual Nevada Real Estate Division Form 546A even if the broker does not provide property management services AND does not maintain a property management permit?
According to Jan Holle, Chief Compliance/Audit Investigator for the Nevada Real Estate Division, "Yes. Every broker has to fill out either Form 546 or 546A. Technically, neither form has anything to do with property management or whether a broker has a permit or not....
I’m a Nevada real estate salesperson. Does the Nevada Real Estate Division require me to maintain any real estate transaction documents or is that solely the responsibility of the broker?
According to Jan Holle, Chief Compliance/Audit Investigator for the Nevada Real Estate Division, salespeople and broker salespeople are required to submit transaction documents within the required time frame to their broker that will ultimately make up the broker's...
Which documents does the Nevada Real Estate Division require a broker to maintain in every residential transaction files?
You'll find your answer on page 20 of 54 in the reference manual published by the Education Section of the Nevada Real Estate Division. Click on: TRUST FUND ACCOUNTING AND RECORD KEEPING FOR NEVADA BROKERS.