NOTICES:
This Thursday, June 7!
Parade of Homes Kick-off Party
Annual Parade of Homes Kick-off Party for REALTORS®
and Builders only, is this Thursday, June 7 at 5:00 p.m. at the Home
Builders Association of Greater Tulsa. To RSVP, please call 918-663-5820 or
email mturley@tulsahba.com.
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 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.
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
GTAR’s seventh annual Backpacks for Kids campaign is in
full swing, and your help is needed. 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. This year’s goal is to raise $17,500 to fund
350 backpacks; each backpack costs approximately $50 to fill. The
deadline to reach the goal is June 30. To date, $6,942.76 has been raised. We are grateful to you in
advance for any donation you make 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.
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 21-22.
June 21
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 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:
April 2012 Home Sales Stats are Now Available
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.
COMMERCIAL
REAL ESTATE:
Commercial:
Vacancies Down, Rents Up
Fundamentals
are improving in all major commercial real estate sectors, suggesting the
industry is shaking off the impact of the prolonged recession, NAR says in its
quarterly commercial real estate
forecast.
In all sectors, vacancies are dropping and rental rates are rising.
GOVERNMENT ISSUES/LEGAL:
Flood
Insurance Extension Clears Hurdle
The
Senate last week approved a 60-day extension of the National Flood Insurance
Program. The matter now goes before the House, which previously passed a 30-day
extension. The program expires at the end of the day on Thursday. For the
long-term, NAR continues to seek 5-year authorization with program reforms.
NAR Seeks
Refi Help for Struggling Home Owners
NAR
is supporting a bill to make it
easier for home owners who are struggling but still current on their payments
to refinance their mortgage and take advantage of record-low interest rates. Watch video of NAR
President Moe Veissi on the legislation. "The Responsible Homeowner Refinancing
Act of 2012" was introduced by Sens. Barbara Boxer, D-Calif., and Robert
Menendez, D-N.J.
Risk
Reduction Podcast: Vacant Property
Attorney
Thomas Gregory discusses legal risks associated with listing and leasing vacant
properties in a Legal Affairs podcast. Gregory will include
risk mitigation tips.
INFORMATION TO USE:
Free
Consumer Content: Reducing Household Expenses
The
latest free content for your websites, blogs, social media pages, and print
resources from HouseLogic’s REALTOR® Content Resource looks at reducing household
expenses like insurance costs.