Mobile Area Association of REALTORS®

Update Regarding COVID-19 and Message from MAAR President April 17, 2020

A Message from Michelle Talbott Rogers,
Mobile Area Association of REALTORS® President 2020
Greetings to all,
Does it seem like it has been a month that we have been living the ongoing isolations and updates of COVID19? (full message here)
Alabama Department of Labor
Governor Kay Ivey
MONTGOMERY – Governor Kay Ivey on Monday announced the launch of, an online resource that will serve as a hub of information for the state’s response to the coronavirus crisis…(read more here)
REALTOR® Party Update
Text COVID19 to 30644 to receive the latest information on NAR’s advocacy efforts on COVID-19.
NAR’s Federal Advocacy team has been working closely with Congress and the Administration to ensure the interests of REALTORS® and their clients are protected in any federal action in response to COVID-19, in addition to minimizing transaction disruptions during these very difficult circumstances. (read more here)
NAR FAQ on SBA Loan Programs in CARES Act
As of 4/16/20, the appropriations for both the SBA 7(a) Paycheck Protection Program loans and the Economic Injury Disaster Loans have been exhausted. NAR sent a letter to Congress on 4/13/20, urging quick action to provide additional funds for these loans, to ensure that they can assist as many small businesses in need as possible. This FAQ has been updated with additional information to reflect this change and will be updated again when the programs re-open. (read more here)
U.S. Treasury
Statement by Secretary Mnuchin and Administrator Carranza on the Paycheck Protection Program and Economic Injury Disaster Loan Program
“The SBA has processed more than 14 years’ worth of loans in less than 14 days. The Paycheck Protection Program is saving millions of jobs and helping America’s small businesses make it through this challenging time. The EIDL program is also providing much-needed relief to people and businesses…” (read more here)


Freddie Mac Extends Multifamily Loan Forbearance Options
Mortgage financing giant Freddie Mac announced several changes on Wednesday to its COVID-19 protection options for tenants and landlords. Its program provides three months of forbearance for borrowers impacted by the pandemic. It also has a no-evictions policy for tenants during that forbearance period. Fannie Mae has announced similar protections… (read more here)
Sight Unseen Offers Are Growing
Real estate sales are continuing on within a global pandemic as the use of virtual tools is giving buyers a feel for homes—so much so that some are willing to put an offer on a home without even physically stepping inside.
A quarter of REALTORS® surveyed reported that their clients put contracts on homes this week without physically seeing the property. The survey was released Thursday by the National Association of REALTORS®… (read more here)
Two Winning Paths to a PPP Loan
The federal government’s efforts to provide emergency relief to business owners and independent contractors during the coronavirus pandemic have come with challenges for many real estate professionals seeking assistance to cope with the sudden economic downturn. But brokers who’ve succeeded in obtaining loans through the Small Business Administration’s new Paycheck Protection Program offer valuable insights on the steps they took and what may have helped their requests sail through… (read more here)
Education Opportunities 
The MAAR Leadership is actively monitoring COVID-19 by staying close to official guidance from the National Association of REALTORS®, the Centers for Disease Control and the World Health Organization.
As always, the MAAR staff is here to assist all members; please use email as the best way of communicating with the staff.
Stephanite White, CEO:
Jean Hearn, MLS:
Will Seymour, MLS:
Mark Roberts, Finance Director:
Traci Castillow, Membership and Education:
Stephen Jones, Communications and Governmental Affairs:
Keon Burroughs, Administrative Assistant:
As updates become available, please look for emails from the Association along with checking Facebook and the Association website