Latest News
North Dakota Association of REALTORS® special Taxbot webinar.
This free webinar on important tax deductions is scheduled for Wednesday, April 21, 2021 at 2:00pm CT.
Title: “Same Income, Drastically Different Tax Refunds”
Registration Link: https://event.webinarjam.com/register/212/9m241i90
Special Announcement: New Home Found!
April 6, 2021
We have found a new home for our members and staff!
After a six-year search, a new home for the North Dakota Association of REALTORS® (NDAR) and the Bismarck Mandan Board of REALTORS® (BMBOR) has been found. Consideration was given to the current environment where most of our meetings, events and hearing are being held remotely, but we do anticipate returning to live meetings and education with options of remote access in the short-term future. The space is a member-accessible building, with ample parking and space for tenants to provide non-dues revenue to the associations. The space has more room for staff, and a larger conference room to hold meetings and training we had been taking off site due to space constraints. There is a very clear split for the space the two REALTOR® associations will occupy and the area that will be leased out.
The building is the former Lutheran Social Services building at 1616 Capitol Way in Bismarck. A closing date around April 30 is anticipated as our due diligence period ended last Friday. Some work will need to be done before moving in, but it’s far less work than any other building that was considered over the last several years. As we are in the process of getting bids on some work that needs to be done, we are anticipating a move by mid-June. The existing building at 318 W Apollo Avenue will be listed for sale in the near future. The determination was made by our leadership that at this point we did not want to have two locations of lease space tied up. This building was purchased in 1999 by NDAR with a contract for deed with the BMBOR who then became partners a few years later.
The building was purchased by the Real Estate Association Partnership, LLP, a corporation formed by BMBOR and NDAR over a year ago. The purpose of the LLP is to own and operate the existing and future buildings, including the lease space.
If you have any questions, please reach out to any member of the NDAR Executive Committee or Jill Beck, CEO.
