GTAR Weekly Facts – July 15, 2013

EDUCATION & EVENTS:

CANCELED! EDUTAINMENT DAY

Edutainment Day, scheduled for Thursday, July 18 has been canceled due to low registration. We will try to reschedule it for sometime this fall.

Wednesday, July 17

FAIR is Not Just Another Four-letter Word

1:00-4:00 p.m. with Kathryn Jones; OREC Approved: 3 hours required FHR CE credit. Pre-registration cost is $15 for members; walk-in cost is $20. Register online at tulsarealtors.com; from the Main Menu, click Associate Services tab, then click Register for Classes. (Class Pass Eligible)

Monday, July 22

A Residential Transaction: Numbers & Math

1:00-4:00 p.m. This NEW course explores a typical residential real estate transaction, and the facts and figures that are customary and usual for the locale. Instructor Ann Lloyd will guide you through the step-by-step preparation of a Net-to-Seller and Cost-to-Buyer. The course will include a review of, and comparison to, the HUD-1. Math for estimating many different “numbers” in a real estate transaction will be reviewed, as well as some quick and easy formulas for estimating property taxes and insurances will be shared and practiced. OREC Approved: 3 hours elective CE credit. A calculator and pencil are required for this class; forms will be provided. Pre-registration cost is $15 for members; walk-in cost is $20. Register online at tulsarealtors.com; from the Main Menu, click Associate Services tab, then click Register for Classes. (Class Pass Eligible); Click Here for Course Details

Thursday, July 25

YPN Summer Mixer at Aloft Downtown

4:30-7:00 p.m. Event is FREE and open to ALL members, but registration is required. You can register online by logging on to tulsarealtors.com and clicking on the Other tab, then Events.

August 5-6

Broker in Charge Course

8:30 a.m.-4:30 p.m. both days with instructor Ann Lloyd; lunch provided courtesy 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. Register online at tulsarealtors.com. (Next BIC course is November 4-5)

Take Advantage of Early-bird Savings!

CRS 206: Technologies to Advance Your Business

Through August 5, cost is $250; after, cost will be $295. Get a handle on technology and tools that work for you and your business. After completing this two-day course, you will be able to learn about technologies that streamline the way you handle contacts and follow-up systems; access the technologies that make sense for you and your business so you don’t waste money on gimmicks; market yourself via websites, blogs, and other communication tools to attract, keep, and close the Internet buyer; and create effective multimedia technologies and develop enhanced listing and buyer presentations. CRS 206 is open to ALL members! Click Here for Course Details

GOVERNMENT/LEGAL ISSUES:

Plain-Language Explanation of BASEL III Win

NAR Economist Ken Fears in a widely read blog post explains why federal banking regulators' final rule implementing the BASEL III accords is a win for real estate. The rule, developed by the Federal Reserve and signed off on by other banking regulators, makes no changes to the amount of capital banks must hold on their books for residential real estate loans with down payments of less than 20 percent. In earlier proposed versions of the rules, banks faced higher capital requirements for these loans, but NAR and other groups hit regulators hard with their concerns over the impact this would have on the recovering real estate sector.  

INFORMATION TO USE:

Free Consumer Content: Gardening Info

The latest free content for your websites, blogs, social media pages, and print resources from HouseLogic's REALTOR^® Content Resource looks at do-it-yourself ways for home owners to improve their gardens.

Younger Buyers Optimistic About Home Ownership

Millennials—the generation born between 1980 and 2000—are more confident than any other age group that their recent home purchase was a good financial investment, finds the 2013 NAR Home Buyer and Seller Generational Trends report, released this week. The median age of Millennial home buyers was 28, their median income was $66,200, and they typically bought a 1,700-square foot home costing $165,000. More

REALTOR^® Action Center Droid App Available
In case you missed it: The REALTOR^® Action Center mobile app is now available in Droid app stores. The Apple version released earlier this spring.

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^®:

Chris Rolland, Sooner State Appraiser (First Publication)

Firm Affiliate:

Supreme Lending, Designated Individual Alfredo Madrid (First Publication)