Deadline
to register is November 29!
Experience
Art in Tulsa!
Enjoy an evening of art at Philbrook Museum, featuring the annual
Festival of Trees! Win door prizes and receive a discount on yearly membership
to Philbrook. Event is Thursday, December 6, 4:00 to 7:00 p.m.; cash bar opens
at 4:00 p.m. and hors d’oeuvres will be available at 4:30 p.m. Cost is $25 per
person. Register online at tulsarealtors.com; from the Main Menu, click on
Member Resources tab, then GTAR Events. (You
must register by this Thursday, November 29, if you want to participate!)
Don’t be Late!
GTAR 2013 Annual Dues – Deadline to Pay is November 30
REALTOR® members dues are $484;
REALTOR-ASSOCIATE® members dues are $454.
Nominations
Now Being Accepted: GTAR 2012 Sales Associate of the Year
The
winner will be announced at the GTAR/NORES Installation & Awards Banquet
January 24, 2013. Don’t miss the opportunity to recognize an outstanding Sales
Associate. Nomination forms are available online at tulsarealtors.com or click here. Deadline
to submit completed forms to GTAR is December 15, 2012.
Nominations
Now Being Accepted: GTAR 2012 REALTOR® of the Year
The
winner will be announced at the GTAR/NORES Installation & Awards Banquet
January 24, 2013. Don’t miss the opportunity to recognize a REALTOR® (Broker)
for their service to the real estate industry. Nomination forms are
available online at tulsarealtors.com or click here. Deadline
to submit completed forms to GTAR is December 15, 2012.
EDUCATION &
EVENTS:
Upcoming CE at GTAR
For course details and
online registration, log on to tulsarealtors.com; from the Main Menu, click on
the red Education bar, then click Register for Classes. (If you have a GTAR
Class Pass, register by emailing education@tulsarealtors.com or calling 918-663-7500.)
Fair Housing & Ethical Practices: Wednesday, November
28, 1:00-4:00 p.m. with Kathryn Jones; req. FHR CE (Last one of the year)
REALTOR® Ethics:
Thursday, December 6, 1:00-4:00 p.m. with Kathryn Jones; this class is free,
but you need to pre-register (Last one of
the year)
December
3-4
Broker in
Charge Course – Last one of the Year
8:30
a.m.-4:30 p.m. both days with instructor Ann Lloyd; lunch provided courtesy of
one of GTAR affiliate members. OREC approved for 15 hours required BIC CE
credit. Class size is limited to 15. Cost is $90 for GTAR members. This is
the last Broker in Charge class of the year! Register online at
tulsarealtors.com.
2013 GTAR/NORES Installation &
Awards Banquet
Registration is now open! Seated dinner will be Thursday,
January 24, 12:00 p.m. at the Hard Rock Hotel and Casino; cost is $25 per
person. This year’s theme is Let the Good
Times Roll. Join us in honoring our outgoing presidents, incoming
presidents, officers and 2012 award winners. For banquet details and to make
reservations online with a credit card, log on to tulsarealtors.com; under the
Member Resources tab, click GTAR Events, then 2013 Presidents’ Banquet. Or,
complete the Reservation Form and
fax it to 918-663-8815.
90 Years Young!
Helen Allen turns 90 in December! We would like
you to help her celebrate on December 4. There will be an Open House from
11:00 to 1:00 p.m. in the GTAR Training Center. Please let us know if you
are able to stop by; RSVP by emailing Deb LaManque at dlamanque@tulsarealtors.com. There will be plenty of food and drink, and a
dangerous birthday cake. Hope to see you there! Shhhhh…it’s a surprise! (Helen
supposedly doesn’t use email, so she shouldn’t be reading this!)
MLS
NOTES:
October 2012
Home Sales Stats Now Available
Upcoming Computer Classes
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, unless otherwise
indicated.
Fusion 3 (Hands-on):
Tuesday, November 27, 2:00-4:00 p.m.
Fusion 3 (Hands-on): Thursday, November 29, 9:00-11:00
a.m.
GOVERNMENT/LEGAL:
Leave Closing
Process Alone, NAR Says
Improve
the combined Truth in Lending disclosure and Good Faith Estimate, but don’t
change the closing process, NAR tells the Consumer Financial Protection Bureau
(CFPB) in comments to the agency’s 1,100-page rule to harmonize the Truth in
Lending Act and Real Estate Settlement Procedures Act. NAR also suggested
minor changes to the settlement statement to better disclose costs associated
with appraisals.
Guidelines
Address Money Laundering
Understand
the impact of federal anti-money laundering rules in real estate in NAR
guidelines on REALTOR.org. In general, real estate professionals aren't subject
to federal anti-money laundering rules but it's important for brokers and sales
associates to recognize and react to potential money laundering activities, and
that’s what the guidelines are intended to do.
FHA Taking Steps
to Shore-up Reserves
FHA's
reserve ratio has fallen to a negative 1.44 percent, below the required 2
percent level, the agency's latest audit shows. FHA continues to have $25.57
billion in cash reserves, but that amount is below a requirement to keep 30
years’ worth of reserves on hand. In response, FHA will no longer cancel MIP
when a borrower’s balance reaches less than 78 percent. And it will increase
its annual premium by 10 basis points (approximately $13 per month for the
average borrower). In response to FHA's actions, NAR issued the following
statement: "NAR is a strong supporter of FHA and its vital role in the
mortgage marketplace. We believe that FHA's audit is an unfortunate byproduct
and reflection of the continuing housing market recovery; however, we are
confident that FHA has already taken many of the necessary steps to help
stabilize the fund and that rising home prices and continued market
improvements will also improve its future financial condition."
CFA: Mortgage
Cancellation Relief Still Needed
NAR's
Call for Action to spur Congress to extend mortgage cancellation relief remains
in effect. Encourage your members to take action if they haven't already. Under
mortgage cancellation relief, borrowers who’ve had a portion of their mortgage
balance forgiven, either in a modification or through a distressed sale, don’t
have to count that forgiven amount as income for tax purposes.
INFORMATION
TO USE:
NAR Honored with
Business Award
NAR
has been recognized for its success as a forward-looking organization by
journalists and business analysts in the 2012 Best of the Biz Awards. The
program recognizes companies and executives based on criteria measured by a
panel of 40 judges that includes editors, publishers, and analysts with ABC,
BusinessWeek, Forbes, Financial Times, USA Today, Entrepreneur, Inc., and King
Features Syndicate, among others. The award names NAR CEO Dale Stinton
Executive of the Year in the large companies category and cites the many major
new initiatives NAR has put in place in recent years, including the
association's Second Century Ventures and the REALTOR® Party
Initiative. "This award recognizes the strength of the National
Association of REALTORS® as an organization whose members are second to none
when it comes to innovating and striving for what we believe in, which is a
thriving real estate market that builds wealth and strengthens
communities," says Stinton.
Discounts on
Member Policy Manuals Ends November 30
November
30 is the deadline to buy hard copies of NAR's 2013 policy manuals and
brochures. The manuals include the 2013 Code of Ethics and Standards of
Practice, the 2013 Code of Ethics and Arbitration Manual, and the 2013 Handbook
on Multiple Listing Policy, among others. Electronic versions of the policy
manuals and related policy brochures will be available for download in January
2013 at no cost from Realtor.org.
COMMERCIAL RE:
Rob Nahigian On
Industrial Real Estate Courses
In the newest Commercial
Intelligence Briefing podcast – Rob, who teaches a wide array of courses within
his specialty area including Commercial and Industrial Representation, provides
insights on several of these subjects. Topics in this podcast include a primer
course in Industrial Real Estate, classes on Marketing and Negotiating,
Building Wealth and Successful Sales Techniques.
Healthcare Real Estate: The Consolidation Trend
Healthcare Real Estate: The Consolidation Trend
In
the wake of the recent Healthcare and Real Estate Summit held in Chicago, a
clearer picture is beginning to form of healthcare business trends and property
dispositions going forward nationally under the Affordable Care Act. Read The
Source Blog to learn more about how the commercial property professional in
most markets is a stakeholder in these trends in a few different ways.
MEMBERSHIP APPLICATION:
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.
REALTOR®:
Patricia
Key, d/b/a Key Real Estate (First Publication)
