NVAR CEO Teresa McKee earns Certified Executive designation from NAR

by | Feb 09, 2017

 

RENO – Teresa McKee, CEO of the Nevada Association of REALTORS® (NVAR), recently earned the REALTOR® association Certified Executive designation from the National Association of REALTORS® (NAR).

According to NAR, the RCE designation recognizes exceptional efforts made by REALTOR® association executives nationwide. McKee is now one of more than 435 association executives nationwide who have achieved this designation, including NAR members from all 50 states.

“I’m grateful and honored to have received this designation,” McKee said. “It also speaks to the quality of our members and to the leadership of our association here at NVAR.”

To become a candidate for the RCE designation, applicants must document their association management and academic experiences, then pass an exam based on a comprehensive understanding of association operations and management practices. Candidates must demonstrate a knowledge of key subjects such as association law, governance and issues related to member services. To retain the designation, RCEs must be recertified every four years.

Before being named CEO of NVAR in 2014, McKee was the longtime legal counsel for the association. McKee has lived in the Reno area for more than 22 years. She received her law degree from Willamette University and her undergraduate degree from Carroll College.

NVAR CEO Teresa McKee earns Certified Executive designation from NAR

RGJ: NVAR report shows HOA foreclosures tied to more than $1B in lost Reno, Vegas home values

WEB-WolfRunHouse1Foreclosures by homeowner associations in Nevada’s two major counties led to more than $1 billion in lost property sale values, a report found.

The Nevada Association of Realtors report looked at the impact of sales involving properties that were foreclosed after residents failed to pay their HOA fees. The study was done by the University of Nevada, Las Vegas’ Lied Institute for Real Estate Studies.

Homeowners association foreclosures are a controversial topic in Nevada, where HOA assessment liens are given higher priority over the rights of the first mortgage holder such as the lender.

Geoff Giles, a Reno real estate attorney, says he is surprised that the lost value in the Nevada Association of Realtors report was not higher. Read more here.