Monday, December 24, 2012

GTAR Weekly Facts – December 24, 2012

Monday, December 24: Office closes at 12:30 p.m.
Tuesday, December 25: Office is closed all day
Monday, December 31: Office closes at 12:30 p.m.
Tuesday, January 1: Office is closed all day
December 26 until January 2: Board Store Closed for Inventory
The GTAR/NORES Board Store will be closed for inventory Wednesday, December 26 until noon on Wednesday, January 2, 2013, so please plan ahead. This will not affect Key and KeyBox purchases.
2012 Annual Dues are LATE!
If dues are not paid by December 31, 2012, MLS services will be suspended and keys shut off on January 2, 2013. To reinstate will require a $40 reinstatement fee and new paperwork from the broker. REALTOR® dues and late fee are $504 and REALTOR-ASSOCIATE® dues and late fee are $474. You can pay by credit card online: Go to Main Menu on, click on the yellow View/Pay Bill bar, then click GTAR–Accounts Receivable, and follow instructions to pay. Payment can also be made by calling the GTAR/NORES office, 918-663-7500 or mailing to GTAR, P.O. Box 470603, Tulsa, OK  74147. After business hours you can drop payments in the mail slot located inside the front entrance foyer of the GTAR/NORES office.
November 2012 Home Sales Stats Now Available
Don’t Miss Out on the Celebration!
2013 GTAR/NORES Installation & Awards Banquet: 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; under the Member Resources tab, click GTAR Events, then 2013 Presidents’ Banquet. Or, complete the Reservation Form and fax it to 918-663-8815.
Need CE before the end of 2012?
You can take CE classes online anytime! GTAR is partnered with both McKissock Education and Barnes Real Estate School to offer you a variety of online continuing education classes to fulfill your OREC requirements. In addition to CE classes, McKissock offers a variety of classes for appraisers; Charles Barnes offers the 45 Hour Post License and 90 Hour Brokers License courses...AND, the 15 hour OREC required Broker in Charge course is now available online through Charles Barnes. So how does it work? Simply go to, click on the logos for either school, and follow the instructions. Any and all classes you take through McKissock and Charles Barnes are reported directly to OREC.
Keep Urging Congress to Do No Harm
The mortgage interest deduction is vital to the stability of the American housing market and the broader economy and REALTORS® will remain vigilant in opposing any plan that modifies or excludes the deductibility of mortgage interest. That's the message you need to send to Congress, if you haven’t yet. It just takes a few clicks at the REALTOR® Action Center in NAR's Call for Action.
NAR Critical of Higher G-Fee Proposal
The federal government's proposal to have Fannie Mae and Freddie Mac charge higher guarantee fees in states with longer foreclosure times is inconsistent with other federal foreclosure prevention efforts and needs further study, NAR says in comments to the proposal. The higher g-fees could amount to a 15-30 basis point increase in targeted states, NAR tells the Federal Housing Finance Agency.
Keep MBS Platform Safe and Transparent, NAR Says
Any common secondary market securitization platform the federal government develops to replace the existing structure as part of broader Fannie Mae, Freddie Mac reform should be self-sufficient and provide a safe, sound, and transparent infrastructure on which insured MBS issues can be packaged and sold, NAR says in comments to the Federal Housing Finance Agency. Also, NAR recommends the improvement of loan level and mortgage pool disclosures to market participants to enhance opportunities for private capital participation.
Online Appeals for Flood Zone Designations
The Federal Emergency Management Association (FEMA) is launching an online way for people to request a change in a property's flood zone designation. Learn about it.
CFPB Positive on RESPA/TILA Disclosure Testing
The Consumer Financial Protection Bureau plans to allow companies to test new consumer disclosures under RESPA/TILA, as NAR advised it do earlier this year. If CFPB executes the testing procedure effectively, companies should be able to avoid significant expense and confusion once a final rule is issued, NAR analysts say.
How Do You Back-up Your Data?
Dropbox, GoogleDrive, iCloud, and Carbonite are among the ways you can back up your data. REach, an accelerator program developed by NAR's strategic investment arm, Second Century Ventures, is interested in what you find useful. Complete this brief survey and earn a chance to win a $100 American Express Gift Card.
Great Gift Ideas from NAR’s REALTOR Benefits® Partners
The REALTOR Benefits® Program is your source this holiday season for cool gifts and hot deals.  Receive 18 percent off select monthly service plans, and 20 percent off select phone accessories from Sprint, among other deals. Receive a 5 percent discount when you purchase a Lowe's® gift card online.
Free Consumer Content: Spread Tips and Cheer HEADLINE
The latest free content for your websites, blogs, social media pages, and print resources from HouseLogic's REALTOR® Content Resource looks at spreading tips and cheer.