MAR has suspended in-person classes, meetings and events through June 30, 2020. Current MAR office hours: VIRTUAL (phone, email) 8:00 a.m. – 4:30 p.m. Monday – Friday, PHYSICAL (in-person) 9:00 a.m. – 1:00 p.m. Thursdays only.

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April 27, 2020 | Tags: COVID-19Government Affairs U.S House Passes Deal to Replenish Coronavirus Relief Funding The U.S. House passed legislation on Thursday, April 23 providing a fresh round of funding for coronavirus small-business relief programs championed by the National Association of REALTORS® and available to REALTORS® through the CARES Act. The Senate passed the bill on Tuesday, April 21. President Trump is expected to sign the measure, which will clear… Read More
April 22, 2020 | Tags: COVID-19Government Affairs U.S Senate Passes Deal to Replenish Coronavirus Relief Funding The U.S. Senate passed legislation on Tuesday, April 21 to replenish funding for several coronavirus small-business relief programs championed by NAR and available to REALTORS®. The House is expected to take up the measure later in the week. Under the Senate agreement, the Paycheck Protection Program (PPP) will receive $310 billion in new cash, while… Read More
April 13, 2020 | Tags: AnnouncementsGovernment Affairs Minneapolis Tax Notice of Valuation Statements have been Mailed  The following information is from the Minneapolis City Assessor’s office regarding this year’s 2020 Valuation and Classification Notices and the process for filing an appeal to challenge the assessor’s determination. The values on these notices are a backward look based on comparable sales from October 2018 through September 2019. Earlier this month the Minneapolis City… Read More
February 11, 2020 | Tags: Government Affairs Local advocacy issues we're tracking this week Last week was certainly a shining star for the uniqueness of the political moment: Iowa Caucuses, delayed caucus results, State of the Union, and Senate impeachment acquittal. Remember no impeachment has ever occurred in the first term. What a week! Here's an update on some of the local issues we’re tracking: Accessory Dwelling Units—Heights change:… Read More
November 13, 2019 | Tags: Government Affairs New Energy Disclosure Report required by the City of Minneapolis What REALTORS® Should Know: New Energy Disclosure Report required by the City of Minneapolis Starting January 15, 2020, the City of Minneapolis will include a new energy disclosure report in the Truth-in-Sale of Housing (TISH) program. The two-page ‘Asset-Based Energy Efficiency’ report will be part of the set of returned documents from the TISH inspection.… Read More
November 5, 2019 | Tags: AnnouncementsGovernment Affairs MAR Invited to Participate on Implementation of Minneapolis Renter Protection Ordinance A cross-sector team including Minneapolis Area REALTORS® met for the first time on November 4, 2019 to help guide the implementation of new renter protections in the City of Minneapolis. New renter screening and security deposit changes will become effective in Minneapolis later in 2020, and the team will act in an advisory capacity to… Read More
October 15, 2019 | Tags: Government AffairsMarket DataPress Releases New report shows proximity to public transit increases property values in the Twin Cities Property located within a half mile of Minneapolis-St. Paul’s public transit systems is worth 4% more than similar properties not in close proximity to public transportation, according to a joint report released today by the National Association of REALTORS® (NAR) and the American Public Transportation Association (APTA). The report found these higher property values are… Read More
October 5, 2019 | Tags: AnnouncementsGovernment Affairs Minneapolis Housing Policy Committee Votes to Study Rent Control The Minneapolis City Council Housing Policy & Development Committee voted to direct city staff to contract with one or more consultants (vendors) to undertake an economic impact analysis regarding rent stabilization as a component of housing policy in Minneapolis. HPD#4 By Ellison and Bender Directing the City Coordinator’s Office, with assistance from Community Planning and… Read More
September 23, 2019 | Tags: Government Affairs Minneapolis City Council Holds Study Session on 'Renters First Right of Refusal' The Minneapolis City Council held a Study Session today on the topic of “Renter First Right of Refusal” or “Renter’s Opportunity to Purchase Housing.” Council President Bender welcomed all attendees and Councilmembers Schroeder and Councilmember Steve Fletcher will be lead authors on ordinance development, when and if an ordinance takes shape. Guests included Danilo Pelletiere… Read More
September 6, 2019 | Tags: Government Affairs News from NAR: Proposal to reform the Housing Finance system and end the conservatorship of Fannie Mae and Freddie Mac (GSEs). From the desk of John Smaby, 2019 National Association of REALTORS® President This week, the White House takes a significant step forward in its goal of reforming our nation’s housing finance system. As Fannie Mae and Freddie Mac have spent more than a decade under the direction and oversight of the federal government, the Trump… Read More
August 27, 2019 | Tags: Government Affairs MAR Responds to Minneapolis City Council with Updated Comment Letter and Talking Points The Minneapolis City Council has been considering changes to Tenant Screening and Security Deposit ordinances. A first draft had been previously circulated. The new draft was made public on Thursday, August 8, 2019. View Updated Comment Letter and Talking Points Minneapolis Area REALTORS® submitted public comments to all (13) Minneapolis City Council Members and the… Read More
August 15, 2019 | Tags: Government Affairs Minneapolis Releases Updated Second Draft Rental Screening and Security Deposit Ordinance The Minneapolis City Council has been considering changes to Tenant Screening and Security Deposit ordinances. A first draft had been previously circulated. The new draft was made public on Thursday, August 8, 2019. Here is an Executive Summary comparing draft I to draft II. REALTOR® members are encouraged to review the document and understand the… Read More
August 6, 2019 | Tags: AnnouncementsGovernment Affairs MAR Monitors Minneapolis City Council Wage Theft Ordinance The Minneapolis City Council held a hearing on July 29, 2019 enacting a ‘Wage Theft’ ordinance that would partially mimic state law. The proposal is aimed at employers who underpay or refuse to pay works what they have earned. REALTORS® were monitoring this passage of both the state law and the local ordinance to insure… Read More
July 30, 2019 | Tags: AnnouncementsGovernment Affairs MAR Comments on Two Minneapolis Draft Ordinances regarding Rental Properties Minneapolis Council President Lisa Bender and Councilmember Jeremiah Ellison have shared two draft ordinances with Minneapolis Area REALTORS®, Minnesota Multi-Housing, and other stakeholders. Security Deposit Requirements Limits the security deposit amount to 50% of one month's rent (if both the first and last month are required up front) Limits the pet damage deposit amount to… Read More
June 18, 2019 | Tags: Government Affairs Proposed Ordinances on Rental Security Deposits and Screening Criteria Minneapolis Area REALTORS® (MAR) has become aware of two draft ordinances proposing to establish limits on rental security deposits and changing rental screening criteria. In ordinances drafted by Council President Lisa Bender and Councilmember Jeremiah Ellison, limits would be established on security deposit requirements. If charging the first month and last month in advance, the… Read More
June 18, 2019 | Tags: Government Affairs Short Term Rental Ordinances Up For Review, Changes Are Likely Coming Currently, Short Term Rentals (STR) are allowed within a three-bucket approach. STRs are generally permissible within the rules, at least currently. However, you may have seen this recent article and the tide might be shifting. Minneapolis City Council Member Steve Fletcher, Ward 3, North East has introduced the two existing ordinances and referred them Minneapolis… Read More
May 7, 2019 | Tags: AnnouncementsCommunityGovernment Affairs Last Chance to apply for Good Neighbor Awards - Submit by May 10 https://www.youtube.com/watch?v=wtQLTeJmUrA&feature=youtu.be The National Association of REALTORS® seeks nominations for the 20th annual Good Neighbor Awards, which recognizes REALTORS® who’ve made an extraordinary impact on their communities through volunteer work. Five winners will be announced in the November/December issue of REALTOR®magazine and at the 2019 REALTORS® Conference & Expo in San Francisco. The winners will receive… Read More
April 26, 2019 | Tags: AnnouncementsGovernment Affairs REALTORS® Resource Alert – Accessory Dwelling Units REALTORS® Resource Alert – Accessory Dwelling Units The Minneapolis Area REALTORS® has become aware of a wonderful new resource for REALTORS® on Accessory Dwelling Units. The Family Housing Fund has just published Homeowner (Consumer) focused guidance for people interested in Accessory Dwelling Units. The information is comprehensive, full color, content rich, and includes: Homeowner (Consumer)… Read More
April 18, 2019 | Tags: Government AffairsMarket DataPress Releases Buyer and seller activity down; weather partly to blame If February was the month of record snowfall, March was the month of record wet basements. The effects of extreme weather continue to impact the market. Despite that, the latest numbers for Twin Cities residential real estate show some strength amidst ongoing signs of change. Prices continued to climb, reaching a new record. New listings… Read More
March 1, 2019 | Tags: Government Affairs Energy Efficiency Will be Added to Minneapolis TISH in 2020 mIn February 2019, the Minneapolis City Council voted 13-0 to enact ordinance language that would amend the current Truth-In-Sale of Housing program beginning in January 2020. REALTORS® were involved in the development of this public policy from the beginning. Councilmembers Cam Gordon and Jeremey Schroeder directed proponents and staff to work directly with REALTORS® from… Read More