Monday, June 18, 2012

GTAR Weekly Facts – June 18, 2012

THIS WEEK! June 23
Opening the Door to Homeownership – The 2012 TAFHP Homeownership Event
June is Homeownership Month! The Tulsa Area Fair Housing Partnership is hosting an informative event to give new and potential buyers the tools they need to purchase a home. This event will take place on Saturday, June 23, 9:00 a.m.-1:00 p.m. at the Tulsa Housing Authority located at 415 E. Independence Street. Registration begins at 8:45 a.m. Speakers from the lending/banking and real estate industries will be on hand to present; other topics will include fair housing laws, inspections, and home warranties. During the event, vendors will be available to answer questions about the path to homeownership. All are welcome to attend. For more information, contact Heather Martin at 918-581-5907 or email (GTAR is a member of the Tulsa Fair Housing Partnership.)

June 26

Don’t Forget to Vote!

The RPAC Trustees encourage you to exercise your individual right to vote on June 26. Click here for the Sample Tulsa County Ballot and proposed charter amendment.   Rodgers County Sample Ballots.  Check with your counties election board for more information. Remember, your dues dollars are not used in support of candidates, and neither the GTAR nor NORES Board of Directors is involved in the decision of where the funds are distributed. If you would like to become involved in this process, you may contribute as a member to the RPAC funds and volunteer to serve on the RPAC Committee. Concerned about a proposed ordinance or issue in your area/city? Let us know by emailing

June 28

RSVP Today for Experience Art in Tulsa!

Discover one of Tulsa’s hidden gems at The Gilcrease Museum. Guided tours will begin at 3:00 p.m. Chef Kurt Fitchenberg will be preparing a special dinner buffet. Dinner and cash bar will start at 4:30 p.m. Cost is $15 per person, and includes admission to the museum, dinner, and 10 free guest passes to the Museuma $100 value! Not only will you enjoy an afternoon of art and delicious food, but you will receive guest passes to give to clients and prospects as a thank you. (You must attend the event to receive the free guest passes; only GTAR members are eligible to receive the 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

Want to Win a GTAR Class Pass?

During the month of June GTAR/NORES will be having a contest! This contest is for GTAR members—brokers, associates, and assistants!

Rules: “Like” our Facebook page (, and make a post stating who referred you (Example: Joe Bob referred me!). The person with the most referrals will win a GTAR Class Pass ($75 value)!  The winner will be announced July 1. Don’t know what a GTAR Class Pass is? You will be able to take any regular ($15 class) GTAR class for FREE for the remainder of 2012!


June 30: Deadline to Reach Our Goal!

Backpacks for Kids Update: $9,532.41=Collected; $17,500=2012 Goal to reach to provide 350 backpacks; each backpack costs about $50 to fill. Can you help? 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.  We are grateful to everyone who has already donated, and grateful in advance for any donation made to this effort—no donation is too small, and all donations are tax deductible! For more information and a donation form, visit

OAR REALTOR® of the Year Nominations Now Being Accepted
The OAR member selected for this incredible honor will be announced and recognized by his/her peers at the REALTOR® Celebration Thursday, October 18, 2012, at the Renaissance Tulsa Hotel & Convention Center in Tulsa. GTAR has the opportunity to nominate a REALTOR® member deserving of such a special honor; please contact Janie Bays at 918-663-7500 or for nomination form and information.
THIS WEEK! June 19-20
Broker in Charge Course
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! 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 The next Broker in Charge Course won’t be until August 22-23.
THIS WEEK! June 21
Don’t Be Listless: The Listing Presentation
Set yourself apart and get the listing! Realize the necessity to be prepared for the listing appointment with a comprehensive CMA, Absorption Study, and marketing plan, as well as the tools to overcome any objection, answer any questions regarding the area sales, and help the seller prepare for listing and sell their home. 9:00 a.m.-12:00 p.m. with Lori Morgan; OREC approved for 3 hours elective CE credit. For more information and to register, go to Class Pass Holders: Register by emailing or calling 918-663-7500.
THIS WEEK! June 21
Working with Buyers: A Planned Approach
Be Prepared for the Buyer Presentation! Have the tools to overcome any objection and answer any questions regarding area sales, gain buyer loyalty and trust, and educate the buyer by explaining what can be expected during the home buying process, and problems that could arise. Understand the importance of keeping yourself (the real estate professional) on task, as well as the buyer to have a good buying experience and smooth closing.1:00-4:00 p.m. with Lori Morgan; 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.
June 28
Understand Mechanics of Reverse Mortgages
(Source: NAR) Real estate professionals can expect to see more homes on the market in which the owners have a reverse mortgage that will need to be paid off upon sale. In a REALTOR® Magazine webinar with the National Reverse Mortgage Lenders Association, loan experts will talk about any impact these mortgages have on buying and selling considerations. The FREE webinar is Thursday, June 28, at 2 p.m. Central Time. Click on the following link to register: registration link
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4)     Register your user ID with the new system
May 2012 Home Sales Stats are Now Available
Fusion Update
A full set of financial reports are now available in Fusion. Just click on Home, Financials, and the report you need. The financial reports from Fusion are just like your reports from Tempo.
Is e-Commerce Driving Industrial Sector?
The rise of e-commerce is displacing some traditional retail demand, but it's also creating new demand on the industrial and warehouse side. Learn how third-party logistics facilities have propelled industrial and warehouse demand in this blog post.
Lawmakers Urge FHA to Loosen Condo Rules
(Source: NAR) Reps. Michael Fitzpatrick (R-Pa.) and Emanuel Cleaver (D-Md.), and almost 70 other members of Congress in a letter last week say FHA should revisit rules on the treatment of delinquent dues, property certification, owner-occupancy, and treatment of commercial space to ease burdens on sellers and buyers.
NAR Asks VA to Try 203(k)-Like Program
The U.S. Department of Veteran Affairs should launch a pilot home purchase-renovation program similar to the FHA 203(k) program, NAR President Moe Veissi says in a letter. Under the pilot, veterans could use their VA guaranty to purchase single-family homes in need of renovation. The borrower gets just one mortgage loan, at a long-term fixed rate, to finance both the acquisition and the rehabilitation of the property.
Yun: Has the Recovery Started?
Last week, NAR Chief Economist Lawrence Yun gave a real estate and economic outlook at the CRE Finance Council conference, in Washington. In his remarks, Yun examines data to determine whether a housing recovery has genuinely begun. Access the slides to his presentation
Free Consumer Content: Smart Patio Paver Options
The latest free content for your websites, blogs, social media pages, and print resources from HouseLogic's REALTOR® Content Resource looks at smart patio paver options for weekend warriors.
Updated Guide: Due Diligence for Home Buyers
NAR has updated its guide on what buyers need to know before they begin the purchase process.
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.
MLS Waiver:
James Thomas, associated with Bailey Foristell, Inc. (First Publication)
Marsha Ann Lloyd, associated with Bryan Properties, Inc. (Second Publication)