Monday, March 25, 2013

GTAR Weekly Facts – March 25, 2013

March 29: GTAR/NORES Office CLOSED
Our office will be closed Friday, March 29 in observance of Good Friday. Happy Easter!
April 3
Cloud CMA Demos at GTAR
Join us at GTAR for this special event and see why tens of thousands are using Cloud CMA to deliver high impact, eye catching reports with data right from your MLS! Cloud CMA is a proud product partner of GTAR, and is among the most exciting technology products for real estate in 2013. Cloud CMA uses your MLS data and blends it with community and lifestyle information from multiple data sources on the Internet to create custom MLS reports for buyers, sellers, and prospects. These live demos are FREE to GTAR members, and will cover the many aspects of creating a winning CMA, as well as awesome Buyer Tour Reports, Property Reports and flyers in seconds. Click Here to Register
February 2013 Home Sales Stats Now Available
Mark Your Calendars!
National Open House Weekend April 20-21. Look for details in the April GTAR World newsletter out April 1.

Thursday, April 4
REALTOR® Appreciation Day at UMAC!
Start your day with a very special CE class being taught by body language expert Patti Wood: Success Signals in Selling: Body Language and Sales Techniques, 9:00 a.m.-12:00 p.m.; OREC approved for 3 hour elective CE credit. Called “The Gold Standard of Body Language Experts” by the Washington Post, and credited in the New York Times with bringing body language to the national consciousness, Patti Wood is a true expert, and SO much fun!
Cost for GTAR members is only $25—but don’t wait to register—we expect this class to sell out! If you purchase a GTAR Class Pass, the cost is included (see details below.) After class, head over to the gymnasium for the annual free Trade Show brought to you by our wonderful affiliate members. Visit lots of booths filled with information and services, while enjoying free food, and as usual, there will be tons of door prizes given away during the show. The Trade Show is 11:30 a.m.-1:30 p.m. (You do not have to attend class to attend the Trade Show!)
It’s Not Too Late to Buy a GTAR Class Pass
GTAR's Class Pass includes admission to the special REALTOR® Appreciation Day (RAD Conference) CE class with Patti Wood on Thursday, April 4, 2013, PLUS any and all regular GTAR CE classes offered during 2013 for only $75! For more information and to purchase your GTAR Class Pass, log on to; from the Main Menu, click on the red Education bar, then click Register for Classes, and look for GTAR Class Pass.
April 10
Be Prepared! Listing and Buyer Presentations
Lori Morgan will be teaching 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 in the Mood for Love? 
Experience Art in Tulsa at The Philbrook Museum May 23. Details coming soon!

Effective April 1, Key Pricing will be as Follows
Display Key: $35.25; this is the basic quarterly user fee for all agents who have a key. Ekey Basic, $31.35; additional quarterly charge ($66.60 per quarter). Ekey Professional, $61.35; additional quarterly charge ($96.60 per quarter). These prices will be billed quarterly with your MLS quarterly user fee. User Fee and Display Key:  $110.25 quarterly; User Fee and Ekey Basic: $141.60 quarterly; User Fee and Ekey Professional: $171.60 quarterly.
Upcoming Computer Classes
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 indicated.
Fusion 1 (Hands-on): Tuesday, March 26, 2:00-4:30 p.m.
Fusion 2 (Hands-on): Thursday, March 28, 9:00-11:30 a.m.
April 10
REALTOR® Day at the Capitol
Presented by OAR: 1:30-4:00 p.m. at the State Capitol in OKC: Watch the legislature in action; personally thank your legislators; share your views on the bills on which they will be voting; enjoy 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! Register by April 3.  Click Here to Register
Possible FHA Loan Processing Delays from Sequester
FHA mortgage processing delays are possible due to the federal budget sequester that took effect March 1, FHA Commissioner Carol Galante says in a letter to lenders. The delays would result from likely furloughs of federal workers resulting from a roughly 5 percent cut in agency budgets. It is estimated that FHA workers could be furloughed for several days between now and the end of the federal fiscal year, September 30. The Rural Housing Loan program faces the same pressures. All VA programs are exempted from the automatic cuts.
Bill Eases 3 Percent QM Cap on Points, Fees
A NAR-supported bill to address a 3 percent cap on fees and points under the qualified mortgage (QM) rule has been reintroduced. NAR supports the "Consumer Mortgage Choice Act," H.R.1077 because it addresses concerns that a 3 percent cap on points and fees would make hundreds of thousands of borrowers ineligible for safe and affordable financing under the QM rule. Bill authors are Reps. Bill Huizenga (R-Mich.) and David Scott (D-Ga.).
Do Budget Proposals Impact Real Estate?
House and Senate Budget Committees last week introduced their fiscal 2014 budget blueprints.  The Senate plan would seek to generate $1.2 trillion in savings, in part through possible tax changes. The House plan would seek a balanced budget in 10 years. Analysts from NAR Government Affairs look at the dueling plans in a 4-minute video.
Reminder: Good Neighbor Nominees Sought
REALTOR® Magazine is seeking nominees for its 14th annual Good Neighbor Awards. Five winners will be recognized at the 2013 REALTORS® Conference & Expo in San Francisco, and will receive travel expenses to attend the show and a $10,000 grant for their community cause. Entries must be received by May 20. More info and an entry form is online or contact Sara Geimer.
Free Consumer Content: Get-Ready-to-List Tips
The latest free content for your websites, blogs, social media pages, and print resources from HouseLogic's REALTOR® Content Resource looks at getting your home ready to list
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.
Firm Affiliates:
Equity Investment Plan, Inc., Designated Individual Hal Morris (First Publication)
SunWest Mortgage Company, Inc., Designated Individual Stephen Taylor (First Publication)