Monday, May 21, 2012

GTAR Weekly Facts – May 21, 2012


Sad News – Tom Grant, Jr.

Tulsa real estate icon and GTAR Past President Tom Grant, Jr. passed away over the weekend. Among Mr. Grant’s many accomplishments in his more than 50 years in real estate is that he is the only real estate professional from Oklahoma to serve as president of the National Association of REALTORS®. A wake will be held at Christ the King Church on Tuesday, May 22 at 6:30 p.m. A Funeral Mass will be celebrated at Christ the King Church on Wednesday, May 23 at 1:00 p.m. Donations may be made to the Early Childhood Development Center (ECDC) at Christ the King Parish. Read More from the Tulsa World

Memorial Holiday

The GTAR/NORES office will be closed Monday, May 28 in observance of Memorial Day.

Backpacks for Kids

GTAR’s seventh annual Backpacks for Kids campaign is in full swing, and your help is needed. In the last six years, GTAR’s Community Relations Committee, with your support, has raised $74,184, and given more than 1,500 backpacks to children in need. This year is a challenging one. We are very aware of the challenges in our community right now and the financial demands that face everyone. This year’s goal is to raise $17,500 to fund 350 backpacks; each backpack costs approximately $50 to fill. The deadline to reach the goal is June 30. To date, $3,953.89 has been raised. We are grateful to you in advance for any donation you make to this effort—no donation is too small, and all donations are tax deductible! For more information and a donation form, visit
This Week! May 23
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 Class Pass Holders: Register by emailing or calling 918-663-7500.
Two CE Classes with Lori Morgan on June 21
Lori will be in town Thursday, June 21 to teach two classes at GTAR: Don’t Be Listless: The Listing Presentation, 9:00 a.m.-12:00 p.m. and Working with Buyers: A Planned Approach, 1:00-4:00 p.m. Each class is OREC approved for 3 hours elective CE. For more information and to register, go to Class Pass Holders: Register by emailing or calling 918-663-7500.
Are You a Broker Manager, Proprietor Broker or Branch Broker?
If you are, your OREC CE requirements have changed! 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. Whether you are a one-person office or a gazillion-person office, residential or commercialthis new requirement applies to you! GTAR’s next Broker in Charge class is June 19-20; 8:30 a.m.-5:00 p.m.; cost is $90; class size is limited to 15. For more information and to register, go to
June 28

Experience Art in Tulsa!

Discover one of Tulsa’s hidden gems at The Gilcrease Museum. Guided tours will begin at 3:00 p.m. A special dinner buffet along with a cash bar will start at 4:00 p.m. Cost is $15 per person, and includes admission to the museum, dinner, and 10 free guest passes to the Museum—a $100 value! Not only will you enjoy an afternoon of art and delicious food, but you will receive guest passes to give to potential clients as a thank you. (You must attend the event to receive free guest passes.) Register online at; from the Main Menu, click on Member Resources tab, then GTAR Events. Deadline to register is June 22! If you have any questions, please call Jennifer Smith at 918-663-7500 or email
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 classes are tomorrow, Tuesday, May 22, 1:00-4:00 p.m. and Friday, May 25, 9:00 a.m.-12:00 p.m. Register online at
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, unless otherwise stated.
Realist Tax System: Wednesday, May 23, 2:00-4:00 p.m.
NAR Chief Economist Lawrence Yun sounded a cautiously optimistic note yesterday regarding the state of the commercial real estate market at the Midyear Legislative Meetings in Washington, D.C. Read More
Update: OK Broker Relationships Act
Reforms to the Oklahoma’s Broker Relationships Act (HB2524) were signed by Oklahoma Governor Mary Fallin, and take effect November 1, 2013. With this law being at the root of how real estate is transacted, there is considerable education and forms that need to be updated. To allow for the transition, the new law will take effect November 1, 2013. Agents whose license expires before November 1, 2013, and need continuing education in the Broker Relationships (BRA) Core category will take the current curriculum. As more information becomes available we will let you know.
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.
Tammy Edwards, Showhomes Tulsa (First Publication)
Gunta Sandmeyer, associated with Chinowth & Cohen (First Publication)
Firm Affiliate:
Erica Davis, The Davis Touch LLC (Second Publication)
Bob Buss and Berbara Kidwell, Investors Title & Escrow Co. (Second Publication)