Monday, April 23, 2012

GTAR Weekly Facts – April 23, 2012

Important Notice for All MLS Users: The Fusion MLS cut over will be delayed until further notice. 
The Fusion add/edit module, which allows the entry of listings into the MLS system, was not completed as needed and we were not comfortable with releasing it to our users. CoreLogic, our Fusion vendor, will continue working to develop the add/edit module which we expect to be complete in the near future. Once the module is complete and has been fully tested, the MLS cutover to Fusion will be rescheduled, and all users will be notified accordingly.  This is a great opportunity to take advantage of a little extra time to learn the new Fusion MLS system—and to attend more classes, if needed. Next Fusion class is Friday, April 27, 9:00 a.m.-12:00 p.m. in the GTAR Training Center; register online at  
April 28-29
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 2012 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, April 28-29. 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. Click Here for instructions on how to enter an open house on
Last year’s Nationwide Open House was a huge success for GTAR members—over 800 open houses were listed—beating out all other participating associations in the state! Look for our full page ad in the Tulsa World on April 28, as well as commercial spots on KJRH, KOTV, and KTUL. For 5 Ways to Increase Your Open House Traffic, check out the April 2012 issue of the GTAR World newsletter:
Signs for Nationwide Open House Weekend
Your GTAR store is well-stocked with all the signs you need to host your open houses during the Nationwide Open House Weekend, Saturday and Sunday, April 28-29, including Open House, For Sale, Open Saturday, Open Sunday, directional, and riders.
April 24
REALTOR® Day at the Capitol
A fun and informative afternoon, REALTOR® Day at the Capitol will kick off with a legislative update on all the issues affecting the real estate industry from OAR's Senior Vice President of Government Affairs Charla Slabotsky and Lobbyist Richard Phillips. Then, you'll watch the legislature in action and see what your Representatives and Senators do on behalf of your district. Next, you will be able to meet your legislators and personally thank them for their important work and take the time to share your views on the bills on which they will be voting. The afternoon will wrap up with an ice cream treat in the rotunda. Show the Political Power of Oklahoma REALTORS®! Bring some friends and we'll see you at the Capitol! 
May 3
Experience Art in Tulsa!
Join us at Gilcrease Museum, Thursday, May 3; guided tours will begin at 3:00 p.m. Dinner buffet and cash bar begin at 4:30 p.m. Cost is $15 per person. Each person that purchases a ticket will receive 10 FREE passes to visit Gilcrease Museum ($80 value); passes will be handed out during dinner—they’d make a great gift for your clients or prospects. Register online at; from the Main Menu, click on Member Resources tab, and select GTAR Events. Deadline to register is April 30!
May 9
Save the Date! Young Professionals Network
7:00 to 9:00 p.m. at McGuire Mansion; details coming soon!
May 15-16
Broker in Charge Course
8:30 a.m.-5:00 p.m. at GTAR with Ann Lloyd. If your license type is a Broker Manager (BM), Proprietor Broker (BP), or Branch Broker (BB) (even if only for ONE day during that license term) AND your real estate license expires on or after June 30, 2012, then you are required to complete an approved 15-hour Broker in Charge (BIC) class PLUS an additional 6 hours of required subject matter in at least two core courses (BRA, PSC, FHR or HOT) prior to your license renewal. Cost is $90. Class size is limited to 15. For more information and to register, go to
May 23
The New HUD Internet Training
Encore presentation: 1:00-4:00 p.m. Mary Berry will teach brokers and associates the new HUD procedures, and how to submit bids using the new HUD website: OREC approved for 3 hours required HOT CE credit. For more information and to register, go to
Other May CE at GTAR
REALTOR® Ethics, May 10, 1:00 -4:00 p.m.; req. PSC CE; free but must register
RU Graduate Degree Program Open for Business
REALTOR® University launched its first Master of Real Estate course February 27. The second session begins April 30 with two courses:  Real Estate Law and Real Estate Valuation. The Master of Real Estate degree curriculum emphasizes practical skills and concepts the real estate industry demands from real estate professionals and blends theory with real-world applications. Four eight-week sessions remain in 2012. The first 40 students in the Master of Real Estate program this year will receive a $2,500 grant. This will be distributed as $500 per course. There is also scholarship funding available. For more info call 855/786-6546 (RUONLINE) or go to RUOnline. 
April 26
Oklahoma RCA Presents: 2012 State of the Market
This event will feature national speaker Mark Dotzour, chief economist of the Real Estate Center at Texas A&M University, as well as an Oklahoma commercial market update from local panelists. Lunch is included, and a cocktail reception will follow the event. Cost is $60. Event will be held at the National Cowboy & Western Heritage Museum. For more information and to register, go to . (This is not a GTAR event.)
Good News for Tulsa Office and Industrial Markets
Xceligent is pleased to provide market reports for the Tulsa metropolitan area for OFFICE 1st Quarter 2012 and INDUSTRIAL1st Quarter 2012
NAR is Your Voice for Commercial Real Estate Issues
Recently, NAR signed two coalition letters, urging Senate Majority Leader Reid and Republican Leader McConnell to expand the Senate jobs legislation to include provisions aimed to enhance the flow of credit to the small business and commercial real estate sectors. Stay updated on how this and other advocacy efforts impact your business by reading NAR’s Commercial Real Estate Advocacy Timeline:
Ground Leases: An Overview from CCIM
From the raw land, development and investment side of things: CCIM Institute’s newest podcast is a discussion with Philip “Fred” Himovitz, CCIM, all about the ins and outs of the ground lease. Read the overview of the podcast in The Source Blog and related resources including NAR’s Field Guide to Ground Leases:
NAR’s Research Team Needs Your Feedback
NAR’s Research team needs your feedback in two important surveys of REALTORS® who transact commercial real estate. First, NAR’s Commercial Real Estate Lending Survey assesses how lending conditions impacted commercial transactions; click here to complete the Lending Survey by April 20. Second, the REALTORS® Commercial Real Estate Market Survey measures activity in the commercial real estate markets and is designed to provide members with an overview of the market performance, sales and rental transactions, current economic challenges, and future expectations; click here to complete the Market Survey by April 30.
NAR Applauds FHFA for Short Sale Directive
Fannie Mae and Freddie Mac have been directed by their regulator, the Federal Housing Finance Agency, to require servicers to acknowledge receipt of short sale purchase offers within three business days, respond to the short sale request within 30 days (with possible extension), and make a decision within 60 days of purchase offer. "REALTORS® are appreciative of efforts to speed lender responses and improve the short sale process, and hope that these new guidelines will help bring relief to distressed homeowners," says NAR President Moe Veissi.
NAR: "Ability to Pay” QM Definition too Narrow
The federal government is defining the "ability to repay" standard in upcoming rules for a qualified mortgage (QM) too narrowly, NAR tells the Consumer Financial Protection Bureau in a letter it sent jointly with other organizations. The narrow definition could drive borrowers into non-qualified mortgages, which would be far more costly and hurt households’ ability to buy.
Earn a Free Copy of the 2011 NAR Profile of Home Buyers and Sellers
Earn a free copy of the 2011 NAR Profile of Home Buyers and Sellers (a $50 value) under NAR’s new Member Value Plus (MVP) program if you customize the website by April 30. has been revamped into to allow for more customization by you so you can get to the information most important to you more quickly. Stay up to date on the MVP program by subscribing to the MVP RSS feed at
Free Consumer Content: Evaluating House for Deck
The latest free content for your websites, blogs, social media pages, and print resources from HouseLogic’s REALTOR® Content Resource looks at evaluating a house for a deck.
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.
Daniel Mays, A&D Property Management (First Publication)
Darryl Baskin, associated with McGraw, REALTORS® (Second Publication)
Stephen Dixon, d/b/a Dixon Real Estate (Second Publication)
Firm Affiliate:
David Gibson, Inc., Designated Individual, Robert Blaine (Second Publication)