NOTICES:
THIS
WEEK!
March
6
REThink: The
Future of Real Estate
Calling ALL GTAR members—brokers,
associates, affiliates—residential and commercial! 9:00 a.m.-1:00 p.m., Wyndham
Hotel (41st and Garnett area). GTAR has partnered with NAR’s
Strategic Planning Committee to host this event, specifically designed to
encourage dialogue and to open minds about thinking big for our future. We
believe this is the best way to determine what the future holds for us, and,
more importantly, how we would like to shape the future for our industry. We
need your help! We’ll provide you with a “real” breakfast starting at 8:30
a.m., then along with your fellow thought leaders, we will dive into several
scenarios describing multiple future worlds, exploring and discussing insights
and implications for you, your business, our industry, and beyond. This event is FREE,
but you must REGISTER! Simply go to the homepage of tulsarealtors.com
and click on the rethink logo (lower left side of page), or CLICK HERE (All
registration is through NAR not GTAR.)
All who REGISTER AND ATTEND will be entered in a drawing to
win an iPad! (You must be present to win.) GTAR’s REThink is
sponsored by: Commercial Title & Escrow Services, Currington Mortgage,
Executives’ Title & Escrow, F&M Bank Mortgage Group, First American
Title, FirsTitle & Abstract Services, Guaranty Abstract Company.
GTAR Affiliate Members: Are you
interested in being a GTAR REThink sponsor?
There’s
still time! Email Connie at cmontalbano.com or call her at 918-663-7500 TODAY!
March 7-10
Find Your
Oasis at the 2013 Tulsa Home & Garden Show March!
Oklahoma’s largest home and garden trade
show is a Tulsa tradition—Tulsa’s home improvement event of the year is coming
to Expo Square, Thursday, March 7 through Sunday, March 10. Featuring 500 exhibitors, the 2013 Tulsa Home
& Garden Show showcases virtually every type of home and garden product,
from the front door to the backyard. Presented by the Home Builders Association
of Greater Tulsa and sponsored by ARVEST Bank, the Tulsa Home & Garden Show
offers a one-stop shop for everything homeowners need, highlighting hundreds of
new ideas and the industry’s latest trends, as well as fun features for the
whole family. Tickets are $8 for adults. Children under 12 may attend for free
when accompanied by a paid adult. The Official Guide will be distributed in the
March 6 edition of the Tulsa World,
and on sale at all area QuikTrip locations for the duration of the Show. The Guide contains a map of the Show
including exhibitor information, a Show schedule and, coupon for $1.00 off
admission.
Keybox Reminder:
Daylight
Saving Time begins Sunday, March 10. Keyboxes will open from 9:00 a.m. to
10:00 p.m. To change the time settings using your EKey, Click Here for Instructions. If you are using a Display Key, the key box can be brought to GTAR for
programming.
2013 Real Estate Planners are still
Available in GTAR Board Store
Prices range from $19.95 to $39.95.
COMMERCIAL
REAL ESTATE:
March 13
2013 Greater Tulsa Commercial Market Update
We’re almost at maximum
capacity for this year’s Commercial Market Update, so if you plan to attend,
don’t wait any longer to register! Event is 7:30 a.m.-12:00 p.m. at the Tulsa Renaissance Hotel. Enjoy a buffet breakfast while brokers from area
companies provide an in-depth review of activity in each commercial market
segment—office, retail, industrial, land/development, and multi-family—over the
last year, as well as a forecast for the coming year to help identify trends
and determine growth areas. In addition, certain segments will feature an
owner/investor who will highlight one specific project, either just completed
or currently in development, and discuss why the Tulsa area was chosen, as well
as why the specific property or building was chosen to buy, lease or develop. This
year’s keynote speaker is Ken Levit, executive director of the George Kaiser
Family Foundation. The program will conclude with the announcement of GTAR’s
2012 Commercial REALTOR® of the Year. Cost is $60. OREC approved for 3 hours
required HOT CE credit. For more
information and to register: Log on to tulsarealtors.com; from the Main Menu,
click the red Education bar, then click Register for Classes; or call
918-663-7500.
Commercial: Vacancies to Ease in All Sectors
Major commercial real estate sectors continue to improve,
albeit slowly, with gradual economic improvement and job creation driving
absorption of space, NAR says. National vacancy rates are expected to decline 0.4
percentage point in the office market, 0.4 point in industrial, 0.3 point for
retail, and 0.1 point in multifamily. More from NAR's quarterly commercial real estate
forecast.
EDUCATION &
EVENTS:
Thursday, April 4
Plan Now to Attend GTAR’s Most Popular Annual
Event!
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. 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. The author of eight
books, including her recently released book, “SNAP Making the Most of First
Impressions, Body Language and Charisma” Patti speaks to Fortune 500
companies, law enforcement, and other businesses. You can see her regularly on
CNN, Fox News, and Fox Business Network, PBS, Good Morning America, The
Discovery Channel, Dr. Drew, Bravo, and The History Channel. In the past few
months, you may have seen her on Nancy Grace, Entertainment Tonight, Prime Time
News, and The Talk. She is quoted in publications such as The Wall Street
Journal, Psychology Today, Bloomberg Business Week, Fortune, Esquire, Sports
Illustrated, USA Today, and People.
Pre-registration 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. (You do not have to attend class to attend the Trade
Show!) (There is no cost to attend this special meeting.)
GTAR Class Pass—Your Ticket to Learn in 2013!
GTAR's
Class Pass GTAR's Class 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—starting in January—for only $75! For more information and to purchase your GTAR Class Pass,
log on to tulsarealtors.com; from the Main Menu, click on the red Education
bar, then click Register for Classes, and look for GTAR Class Pass.
MLS NOTES:
February: Upcoming Computer Classes
Pre-registration is required; space is limited to 14
per class. For more information and to enroll: log on to tulsarealtors.com,
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
2 (Hands-on): Monday, March 4, 2:00-4:30 p.m.
Fusion
3 (Hands-on): Friday, March 8, 10:00 a.m.-12:00 p.m.
Realist Tax System: Tuesday, March 12, 2:00-4:00 p.m.
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.
GOVERNMENT/LEGAL ISSUES:
FHA to be Largely Spared 'Sequester'
Across-the-board budget cuts enacted in 2011 to reduce
the federal deficit take effect Friday, March 1, absent additional action by
the government. Some $85 billion, split between defense and domestic
discretionary programs, is scheduled to be cut over the balance of 2013.
In all, about $1.2 trillion is to be cut over the next 10 years. Not counting
the economic impact on housing demand, the cuts are expected to have minimal
impact on federally backed mortgage finance programs because the sequester
applies to program dollars, not loan guaranty authority. For that reason, loans
backed by FHA, VA, and the Rural Housing Service are expected to remain at
current levels. The White House has posted an analysis of how the budget
sequester could impact federal funding in your state.
NAR Urges CFPB to Fix Cap on Fees and Points
The Consumer Financial Protection Bureau should
reconsider the cap on fees and points it has put in place in the qualified
mortgage (QM) rule it released earlier this year, NAR says. The cap applies to
originator compensation, GSE loan level price adjustments, and title insurance
charges. If left at its proposed level, it would put home mortgage borrowing
out of reach of otherwise qualified borrowers, NAR says. The association is
working with members of Congress on legislation to address the cap if CFPB
moves forward with it in its current form. The QM rule is set to take effect
next year in January.
INFORMATION TO USE:
Home Sales Up as Seller’s Market Develops
Existing-home sales rose 0.4 percent up in January from
the previous month to a seasonally adjusted annual rate of 4.92 million. The
sales pace is 9.1 percent above a 4.51 million-unit pace in January 2012. NAR
Chief Economist Lawrence Yun says a seller’s market is developing. More.
Free Consumer Content: Appraisal Info
The latest free content for your members' websites,
blogs, social media pages, and print resources from HouseLogic's REALTOR®
Content Resource looks at what consumers should
know about appraisals.
Good Neighbors in Your Community?
REALTOR® Magazine is seeking nominees for its
14th annual Good Neighbor Awards, which recognize REALTORS®
who impact their communities through volunteer work. 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. Entry
forms are available at REALTOR.org.
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.
Firm Affiliate:
Above
It All Roofing & Construction, Designated Individual, Wendy Wygle (Second
Publication)
MLS Only:
Karen
Dietsch, Karen Dietsch (Second Publication)