Professional standards, continuing education and access to the Multiple Listing Service are among the top reasons that it pays to be a member of the local REALTOR® Family.
At the state level standard forms, meetings, networking and the legal hotline are sure bets. At the national level political advocacy, industry news and business support top the list.
Call 575-538-2665 for a membership application!
REALTORS® are different from non-member licensees in that they voluntarily subscribe to a strict Code of Ethics. If you believe that a REALTOR® has violated one or more Articles of the Code of Ethics, you can file an ethics complaint alleging a violation(s) through the local association of REALTORS® where the REALTOR® holds membership, or participates in a REALTOR® association-owned/operated MLS.
Boards and associations of REALTORS® are responsible for enforcing the REALTORS® Code of Ethics. The Code of Ethics imposes duties above and in addition to those imposed by law or regulation which apply only to real estate professionals who choose to become REALTORS®.
Multiple Listing Service
Integrity of data is the most precious commodity that any MLS has. Protection of the integrity of the data is a challenging task, but paramount to providing our members with the best and most accurate data in order to serve the day to day needs of the consumers that are your clients.
MLS Rules and Etiquette Reminder
While many of the following MLS rules and industry etiquette are familiar to most REALTORS®, they are the most frequently reported violations from Brokers utilizing the MLS system. In order to maintain a system that is efficient and provides its users accurate and timely information, it is necessary to maintain and enforce rules in a fair and unbiased manner. To review the full set of MLS Rules and Regulations, as well our Standards of Practice and Citation Policy look in the MLS Documents section of Paragon.
The “Public Remakrs” field is intended only to describe the physical characteristics of the property and its grounds. Brokers may not enter contact information such as names, phone numbers, e-mail addresses, Web site addresses and service provider information, the words FSBO or For Sale by Owner. Information related to the transaction such as available financing, seller concessions, bonuses or incentives are prohibited as well. Brokers must also be careful not to enter confidential information such as showing instructions or security codes since this field is displayed on showing handouts and members' public Web sites. Brokers should utilize the “Broker Remarks” field for the above referenced types of information.
Appointments Required for All Property Showings:
Appointments for showings and negotiations shall be conducted through the listing Participant except where the listing participant gives the cooperating broker specific authority to contact the owner directly for showing. Please make sure your appointment has been scheduled and confirmed, it’s a difficult situation when a homeowner is surprised by strangers entering their house unexpectedly.
Property Showing Etiquette:
Review the Broker remarks and showing instructions prior to entering the home. This will ensure you don't let the pet out or wake up a homeowner that works nights. Remember to wipe off your feet, stay close to your clients, turn out the lights and lock the doors behind you. Do not leave a business card unless requested by the seller or listing participant. While these reminders may seem obvious and of common courtesy, MLS has received calls from angry homeowners that feel Brokers showing their home have been inconsiderate in regards to leaving the property as they found it.
Listing Agreements Required for All MLS Listings:
Before a listing can be entered in MLS, the listing participant must have a signed listing agreement with the seller giving the listing participant authorization to submit the listing to MLS. It is inappropriate to enter a FSBO listing where the listing participant has not entered into an agency agreement with the seller. It is also against MLS rules to enter a listing that has been sold outside the MLS where the listing participant did not have a signed listing agreement, with the seller, or written permission from the buyer and seller prior to closing.
Reporting Pending Sales:
Once a contract is signed, the listing should be placed under-contract within 48 business hours of the signed contract, even if both parties agree to allow the seller to continue showing the property. Properties that have a signed contract with a contingency and are available to show and taking back-up offers should be placed in under-contract backup or kickout status. While many sellers wish to keep the listing in “Active” status while taking back-up offers, it is important that we maintain consistent and accurate information so that agents are clear on the status of a particular listing.
Reporting Closed Sales:
All sales closed must be entered within 48 business hours of the actual closing/funding date. There are no exceptions to this rule, even if a buyer brings a contract with a provision indicating their desire to withhold the closing information from MLS. If the MLS is used to market the property, the listing participant is obligated to report the sale. Withdrawing, terminating or reporting a listing as expired to avoid reporting the sales price and closing information is prohibited.
Member Quick Clicks
Paragon MLS Online log-in
Tech Support: 866-724-1667
Tech Support: 800-668-8768
REALTOR Political Action Committee
The national political fundraising committee
(NAR) - Real Estate Settlement Procedures Act
The Assocation and MLS are always looking for volunteers. From Board members to special projects... we need your help!
Our election process gets under way each September and we are always looking for new Directors to serve on our two boards.
We have several special projects that we do each year that range from manning a booth at the Home & Garden Expo, to painting a newly constructed Habitat home, to putting together a float for the 4th of July Parade to setting up a fundraiser for charity.
We welcome your time and input. Give Kim a call today and volunteer!
This section of the website is geared to giving our members the tools they need to conduct their business real estate business ethically, professionally, successfully and competently.
Class Schedule - We generally hold a two day session in the Spring and in the Fall. However, we do schedule other dates as needed. A new member orientation is scheduled every quarter.
Click here for the :
Other real estate course information
At this time we only offer continuing education classes for license renewal. We do not hold the broker basics or the broker administration courses.
REALTORS® Political Action Committee
What RPAC is all about?
Laws affecting the real estate business are passed every year, and many of these laws determine how we as real estate professionals do business and impact the profitability of our business. Each year RPAC supports political candidates who understand REALTOR® concerns and who support issues important to the real estate profession. RPAC is neither a Republican nor a Democratic organization. In fact, RPAC is the most bipartisan PAC in New Mexico and in the country today, supporting REALTOR® friends regardless of political party. Think of RPAC contribution as the best investment you can make in your business, community, future, and your family.
In other words…. RPAC is about REALTORS®
When considering whether to give to RPAC, please ask yourself these questions:
Is retaining the Mortgage Interest Deduction, which prevented real estate commissions from declining an estimated 13% or $7,350 for the average REALTOR® important to me?
Will the capital gains exclusion on the sale of a principal residence help my clients?
Is a 30 to 40 percent reduction in my NM Personal Income taxes important to me?
Will requiring lenders to commit good funds at time of closing be of benefit to my clients?
Is preventing a new added Transfer tax of up to 5% to the purchase price of a home a win for my client?
Is keeping the big banks out of real estate important to my business?
Is improving federal mortgage programs, allowing more families to join the ranks of homeownership important to this community?
These are all the things that RPAC has funded over the past few years at the state and national level.
Bottom Line.... Is any of this legislation worth $20 to me?
If you would like to make your contribution to RPAC contact your local RPAC Chair, the AE or your RANM RPAC Trustee.
“Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. The amount suggested is merely a guideline and you may contribute more or less than the suggested amount. You may refuse to contribute without reprisal and the National Association of REALTORS® 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 U.S.C. 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.”
The association works hard on our members behalf to monitor the local, state and national politics for any issues that may impact homeowners and our members business.
NAR's Federal Advocacy Agenda is available online. The Agenda reflects input received from NAR's policy-making committees regarding critical federal policy issues affecting REALTORS®, the real estate industry and consumers.
June 2018 - Take action by urging Congress to extend the NFIP and pass meaningful reforms to ensure long-term viability of the program.
October 2017 and December 2017 - Reform our Tax Code AND protect Middle Class Homeowners.
August 2017 - NAR - Let's Flood the House with Messages to Reauthorize the National Flood Insurance Program (H.R. 2874)
June 2016 - NAR - Tell the Senate to Get to Work for Future Homebuyers (H.R. 3700)
October 2015 - NAR - Stop the Housing Tax for Transportation (G-Fees)
April 2015 - NAR - Stop Patent Trolls (H.R. 9)
November 2014 - RANM - Tell the EPA to Withdraw their Proposed Rule to Regulate Most Water Bodies
November 2014 - NAR - Urge Congress to Extend TRIA -Terrorism Risk Insurance Act of 2002