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Real Estate News and Advice |
September 8, 2008 |
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NAR Leadership Begs For Help, Heads South To Aid Realtors, Residents Displaced by Katrina Disaster
by Blanche Evans
In an urgent plea for help, the National Association of Realtors® is calling on all Realtor organizations and members to assist recovery efforts in the aftermath of Hurricane Katrina. Three states have been largely affected, but others will also need to rally as thousands of realtors and millions of homeless move out to other cities and states to begin life anew. Katrina has forced an unprecedented exodus that will result in an incalculable demographic shift, says Steve Cook, spokesperson for the NAR. Where these millions of people will relocate is a huge undertaking to consider in terms of employment, housing, medical care, schooling and supplies. From the creation of new communities, to the migration to nearby communities, state and national officials in the Southern states are rallying to anticipate the needs of the suddenly homeless. "I'm getting calls from all over the country," says Cook."We are in full fund-raising mode to get help to those realtors who have lost everything. Over 40,000 realtors have been affected." Several key initiatives are already underway. The state Realtor organizations for Louisiana, Texas, Arkansas, Alabama, and Mississippi have met via conference calls with FEMA and the national Homeland Security in order to set up a housing inventory network. The network will provide a database of available housing and convertible commercial space that can be used for temporary housing. J. Danny Cooper, EVP of the Alabama Association of Realtors suggested ways the Realtors could help as well as think "outside the box" for housing ideas: Residential housing Apartments, single and multi family units, condos, mobile home parks and number of pads available, vacant college dorms, vacant group housing of any type (even if repairs are needed), etc. You can contact your state Apartment Association, Manufactured Housing Association, Association of Shopping Centers, etc. and ask them to ask their members to feed information to the email address we will receive tomorrow. They need to use the template. Commercial property options Get members to determine if they have commercial buildings that could be quickly converted into multiple housing units. Also to be considered: strip malls, hotels, Timeshares, universities, vacant K-Marts, Wal-Marts, Winn Dixies, etc. Municipal governments will be asked to waive restrictions and will be asked to allow mobile homes and motor homes to be located in the parking lots of these commercial buildings while they are being converted into housing units. Churches and houses of worship Members can ask that these be offered as temporary shelters in the immediate future until temporary/long term housing can be established. Realtors will be able to fill in information via a template and email it directly to Homeland Security. Swinging into action, NAR President Al Mansell and his wife, Margurite, and President-Elect Tom Stevens and his wife, Lindy, are traveling to Alabama on Thursday. After meeting with J. Danny Cooper, association executive with the Alabama Association of Realtors®, Mansell and Stevens plan to tour the disaster areas in Mississippi, Louisiana, and Alabama in either a military helicopter or a leased plane or helicopter over the next two days. The purpose of the visit is to help state association officials strategize ways to help Realtors who have lost everything, and to find ways to restore the industry back to functionality. Many Realtors are safe, but can't do business because there's "nothing to sell," says Cook. Companies like a la mode, inc, a supplier to the real estate industry is aware that forming valuations for properties is going to be an overwhelming problem. Approximately 25 percent of a la mode's appraiser clients in the affected states were using the company's automatic Internet-based "Vault" file backup solution, which stores the files at a la mode's data center in Oklahoma City and at other redundant locations. As a result, even if computer systems, paper records, and backup tapes were destroyed, those appraisers will be able to reconstruct all their lost files, invoices, client lists, and even digital workfile copies of the notes used to complete their appraisals. "Appraisers will play a vital role in the long-term reconstruction of the area, and that data loss is the single most significant issue facing businesses after a disaster," commented Scott Kinnaird, a la mode's CEO. "Being able to get back to business quickly with no data loss, when the time comes, will be a boon to those clients using the Vault, and to the local housing industry as a whole. That's why we built the system." To make a tax-deductible contribution to the Realtors Relief Foundation:
Published: September 2, 2005 Use of this article without permission is a violation of federal copyright laws. Related Articles:
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