NOTICES:
May 2012 Home Sales Stats are Now
Available
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 heather.martin2@tulsahousing.org. (GTAR is a member of the Tulsa Fair Housing Partnership.)
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 Museum—a $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 tulsarealtors.com; 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 jsmith@tulsarealtors.com.
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 (https://www.facebook.com/gtarnores), 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!
Backpacks for Kids Update
$8,553.91=Collected; $17,500=2012
Goal. The deadline to reach our goal is June 30! 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 www.BPJustforMe.com
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 jbays@tulsarealtor.com for nomination form and information.
NAR's
'Moving Pictures' Ad Debuts
The
national airing of NAR's new Public Advocacy Campaign commercial, "Moving
Pictures," started last week. With a new TV and radio spot, NAR is
reaching consumers with positive messages about the benefits of homeownership
to children, families and communities. Watch the video.
EDUCATION
& EVENTS:
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 commercial—this 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 tulsarealtors.com. The next Broker in Charge Course
won’t be until August 22-23.
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
tulsarealtors.com. Class Pass Holders: Register by emailing education@tulsarealtors.com
or calling 918-663-7500.
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 tulsarealtors.com. Class Pass Holders: Register by
emailing education@tulsarealtors.com
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 reserve mortgage that will need to be paid off upon sale. In a REALTOR®
Magazine webinar with the National Reserve 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
MLS NOTES:
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. The next Fusion
class is Tuesday, June 12, 1:00-4:00 p.m.
in the GTAR Training Center; register online at tulsarealtors.com.
GOVERNMENT ISSUES/LEGAL:
Congress
Extends Flood Insurance
On
May 30, 2012, the House of Representatives passed a 60-day extension of the
National Flood Insurance Program (NFIP). This temporary extension enables the
Senate to act on the NAR-supported 5-year reauthorization and reform bill this
June. Get more information on the extension and
the long-term future of the NFIP.
Regulator
Slows Down on QM Rule
The
Consumer Financial Protection Bureau (CFPR) is delaying publication
of its final "qualified mortgage" rule, which will set
standards for lenders to ensure borrowers have the ability to repay mortgage
loans they've been given. Release of the rule was expected late this summer,
but the agency said it's reopening the process for comment because it wants the
public to look at new data that's pertinent to the proposed "ability to
repay" standards. Learn more.
NAR Backs
Program to Incentivize Counseling
NAR
sent a letter to Rep. Karen Bass (D-CA)
supporting the "Homeownership Preservation Education Act of 2012,"
which would direct FHA to create a pilot program that would provide first-time
home buyers with an opportunity to reduce their insurance premiums by
participating in home ownership counseling. The pilot program would be limited
to one-year and FHA would be required to report to Congress on the program's
progress.
INFORMATION TO USE:
Last Days
to Enjoy Lenovo Employee Prices
Take
advantage of the final days of great savings on REALTOR Benefits®
Program Partner Lenovo's entire line, including the award-winning ThinkPad®
and IdeaPad® notebooks and all computing accessories. Plus, receive
free shipping on all Internet orders. Hurry, offer ends June 18. Call (800)
426-7235, ext. 3887, or visit REALTOR.org today!
Free
Vacation-Home Info for Your Clients
You
can ensure your clients' vacation home is truly a relaxing getaway by branding
and hand-delivering free info from the REALTOR® Content Resource on opening and closing a
vacation home.
That's not members' only option. You can also add that info—or all five free
articles in the "Ensure Your Vacation Home is Relaxing" package—to
your e-newsletter, website, blog, Twitter, or Facebook, or email. Free to
members 24/7/365 at the REALTOR® Content Resource are nearly 1,000
home listing, selling, and ownership articles.
New in the REALTOR.org Library
- Field Guide to Due Diligence Homebuyers
- Field Guide to Development Impact Fees
- Field Guide to Sale Leasebacks & Synthetic Leases
- Field Guide to Short-Term Rental Restrictions
MEMBERSHIP APPLICATIONS:
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:
Marsha Ann Lloyd, associated with Bryan Properties,
Inc. (First Publication)