Monday, May 23, 2011

GTAR Weekly Facts – May 23, 2011

The GTAR/NORES office will be closed Monday, May 30 in observance of Memorial Day.
Attention Brokers/Managers
Please make sure that ALL of your associates have paid their second quarter NORES fees by May 31. ALL COMPANIES who have outstanding NORES invoices on June 1, 2011, will be SUSPENDED from ALL NORES services (MLS, Keys, Xceligent). In addition, a $50 reinstatement fee will be added to the broker which must be paid before NORES services are reinstated.
Open Houses Open Doors to Buying Opportunities!
So what could be better than a weekend full of open houses? GTAR will be encouraging consumers to tour homes and learn more about the benefits of home ownership. Plan to be a part of the 2011 REALTOR® Nationwide Open House Weekend, hosted by GTAR and the National Association of REALTORS®, as well as, other local associations across the country, on Saturday and Sunday, June 4 and 5. The Nationwide Open House Weekend offers buyers a stress-free way to visit homes for sale in different neighborhoods where they might want to live. For sellers, the weekend provides a high-visibility effort to promote traffic and drive home sales. To enter an Open House in Click NORES Member Login; Log in to the site; at the main menu, click on Open House/View Webstats; select the property to add as an Open House; pick the date and time; click Save. To view a video of instructions: Click Here
Wednesday, May 25
Young Professional Network
Join the YPN on Wednesday, May 25 from 4:00 to 6:00 p.m. on the Coors Light Refinery Deck at ONEOK Field (home of the Tulsa Drillers) for light refreshments. Click Here for Information
You’re Invited! Parade of Homes Kick-Off Party
HBA is hosting a REALTOR® and builder party, Thursday, June 2, 5:00 – 7:00 p.m. at the HBA of Greater Tulsa. This is your chance to get a sneak peek at what homes and price ranges will be available during this year’s Parade of Homes, along with participating developments. There will be cash prizes, drinks, and food. Please RSVP to Marlena at 918-663-5820 or, no later than Friday, May 27. View Invitation
May is RPAC Month
Brokers, please promote RPAC in your May sales/associate meetings. To view a video message you can play in your meetings, Click Here. To request a speaker or RPAC materials, call 918-663-7500 or email
Early-Bird Registration thru June 6!
Broker Price Opinion (BPO)
The Agent’s Role in the Valuation Process: According to industry estimates, over 10 million BPOs are performed annually across the country. For brokers and associates, BPOs provide multiple professional and fiscal opportunities for growth and expansion. In this brand new course from NAR, you will learn how to prepare accurate and professional BPOs, evaluate market valuation tools for the most productive preparation and accurate BPOs, and identify and weigh all significant factors influencing the creation of a useful valuation. Early-bird registration price through June 6 is $99—after that date, price will be $129. Space is limited, so don’t wait to register! Class is Wednesday, June 16, 9:00 a.m. – 4:30 p.m. OREC approved: 6 hours elective CE credit. Register online at Click Here for Course Details
Early-Bird Registration thru June 6!
Short Sales and Foreclosures
What Real Estate Professionals Need to Know: Although short sales and foreclosures are not new  trends in real estate brokerage, current economic conditions, rising rates of unemployment, and depressed home values in many markets point to continued increases in mortgage default, short sales, and sales of foreclosed and REO properties. This popular course by the Real Estate Buyer’s Agent Council (REBAC) of NAR was specifically designed to show how the real estate practitioner can serve as a resource for sellers and buyers in the brokerage of distressed properties. Early-bird registration price through June 6 is $99—after that date, price will be $129. Space is limited, so don’t wait to register! Class is Thursday, June 16, 9:00 a.m. – 4:30 p.m. OREC approved: 6 hours required HOT CE credit. Register online at Click Here for Course Details
Tuesday, June 7
Commercial Fair Housing and Other Legal Issues
9:00 a.m. – 12:00 p.m. with Kathryn Jones and Attorney, Kelly Monaghan. Learn how fair housing does and does not relate to commercial real estate; this class is open to both commercial and residential members. OREC approved: 3 hours FHR CE credit. Register online at  
Tulsa and Bartlesville School District changes have now been updated in MLS
All users need to update their current listings with the new school information. Click here to verify your grade school and middle school information. Union Schools are still being updated in the system.

Tell Congress: 20% Down Payments Put the American Dream Out of Reach

Please contact Congress today and ask them to make it clear to the regulators that this proposed regulation was not their legislative intent, and to instead implement a more reasonable Qualified Residential Mortgage (QRM) that will keep credit-worthy buyers in the market and able to acquire a loan. To see the full call for action click here. For more information on QRMs, click here.
Changes to Flood Maps
The City of Tulsa will be adopting new FEMA flood maps in 2012. FEMA has a "90-day Appeal Period" allowing citizens to appeal or protest their property's placement within the flood zone. The City of Tulsa has begun sending letters to property owners who have been added to the Special Flood Hazard Area so they can appeal this decision. View the maps online. For more information go to
Upcoming Computer Classes at GTAR
Pre-registration is required; space is limited to 14 per class. For more information and to enroll: log on to, click the red Education bar on the Member Services page, then click Register for Classes. All classes are held in the GTAR Computer Lab.
MarketLinx 1: Monday, May 23, 1:00 – 4:00 p.m.
MarketLinx 2: Wednesday, May 25, 1:00 – 4:00 p.m.
MarketLinx 3 (Prospect Gateway): Tuesday, May 31, 2:00 – 4:00 p.m.
Membership Applications
Comments on the following REALTOR® applicants should be submitted by REALTOR® members to the Membership Committee, c/o GTAR, PO Box 470603, Tulsa, OK 74147.
Larry Waits, Atlas Appraisal (First Publication)
Fred Mitchell, Jr., d/b/a Fred Mitchell Company (Second Publication)

Firm Affiliate:
SellSmart Home Staging, Designated Individual Emily Brown (Second Publication)
GTAR/NORES Office Under Construction
For the next few weeks the front lobby will be closed. Please use the north (back) entrance to the building.