Tuesday, July 5, 2011

GTAR Weekly Facts – July 4, 2011

Get All 12 OREC Required CE Hours and More in July!
For more information and to enroll: log on to tulsarealtors.com, click the red Education bar on the Member Services page, then click Register for Classes. All classes are $15 pre-registered and $20 day of class, unless otherwise noted. All classes are held in the GTAR Training Center.
THIS WEEK! Fair Housing and Ethical Practices: Wednesday, July 6, 1:00 – 4:00 p.m.; Kathryn Jones (req. FHR CE)
Encore Presentation: The New HUD Internet Training: Wednesday, July 13, 1:00 – 4:00 p.m.; Mary Berry (req. HOT CE)
NEW: Risk Management: Thursday, July 14, 9:00 a.m. – 12:00 p.m.; Lori Morgan (elective)
OK Broker Relationships: Monday, July 18, 1:00 – 4:00 p.m.; Ann Lloyd (req. BRA)
REALTOR® Ethics: Thursday, July 21, 1:00 – 4:00 p.m.; (req. PSC); No Cost
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 tulsarealtors.com, click the red Education bar on the Member Services page, then click Register for Classes. All classes are held in the GTAR Computer Lab.
THIS WEEK! Realist Tax System: Wednesday, July 6, 9:00 a.m. – 12:00 p.m.
Doc Manager: Wednesday, July 20, 9:00 – 11:00 a.m.
MarketLinx 1: Monday, July 25, 1:00 – 4:00 p.m.
MarketLinx 2: Wednesday, July 27, 1:00 – 4:00 p.m.
MarketLinx 3 (Prospect Gateway): Friday, July 29, 9:00 – 11:00 a.m.
Bing Map Road Style Change
Effective Saturday, July 9, Bing Maps will be changing the Map Road style in TEMPO. Bing is discontinuing the current map style. The new style looks different than the current style and can be previewed at http://www.bing.com/maps. 
Buying Key Boxes Online?
When purchasing key boxes online, make sure the boxes have been deprogrammed. We can program a deprogrammed box to work with our MLS, but we cannot program a box that is associated with another MLS. Buyer Beware: Key boxes purchased online are not covered under NORES’ warranty.
Call for Action: Tell Congress to Reauthorize the National Flood Insurance Program
Right now Congress is debating whether to reauthorize the National Flood Insurance Program (NFIP). It expires on September 30, 2011. This is the tenth time in three years this program has been set to expire. It’s time we stop the band-aid approach to flood insurance and give the program a long-term extension. For this reason we are urging Congress to reauthorize NFIP for five years. 
Do you know what happens every year when the deadline nears? Lenders stall closings, adding more uncertainty to our already tentative marketplace. Over 20,000 communities nationwide depend on this program to buy and sell real estate. You simply cannot acquire a mortgage without flood coverage, and a policy cannot be issued without the assistance of this program. Maintaining available and affordable flood insurance for all Americans that need it is vital to keeping the market running smoothly. Please take action today.

Call for Action: Maintain Federal Loan Limits
FHA and the conforming loan limits of Fannie Mae and Freddie Mac expire at the end of the federal fiscal year, September 30. If lawmakers take no action, the limits drop to 115 percent from 125 percent of the area median home price, and the high-cost limits are reduced to $625,500 from $729,750. Such a reduction would destabilize the housing market at a time when sales are struggling to recover, NAR says. The association is asking lawmakers to support bi-partisan legislation, H.R. 1754, by Gary Miller (R-Calif.) and Brad Sherman (D-Calif.), to keep limits where they are. Please contact Congress today, tell your lawmakers to support this bill and maintain current loan limits. Learn more about the issue in a short video with NAR Government Affairs. Access a chart showing how loan limits would change in your area.
Amended City of Tulsa Zoning Code
The City of Tulsa Zoning Code has been updated, and includes all amendments as of May 27, 2011. See Amendment Inventory for new amendments. 
Tulsa Designer Showcase Needs Your Help
Tulsa Designer Showcase, benefiting the Foundation for Tulsa Schools, is seeking a location for its 2012 fundraising event. To be considered, house needs minimum square footage of 5,000, up street parking available, and curb appeal. Locations Desired: Woody Crest, Maple Ridge, Gillette, Ranch Acres, Southern Hills, Riverside, Riverview, Swan Lake, Yorktown, Bolewood Acres (most anywhere in midtown). Ideal Scenario: House recently purchased in need of updating and décor; a difficult to sell property that has been on the market for extended period (will receive huge media attention). Benefits to the Owner: Heavily discounted draperies, furnishings, rugs and accessories; donated paint/paint finishes and labor; more than 20 local designer design ideas and consultation for free. If you have a location that you think meets these qualifications, and are interested in applying, please call Paula Dellavedova @ 918.746.6602 or 918.902.0809 or email pauladell@cox.net.
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.
Susana A. Hernandez, associated with GO Realty, Inc. (First Publication)