GTAR Weekly Facts – June 17, 2013

NOTICES:

 

May 2013 Home Sales Stats Now Available

http://www.tulsarealtors.com/stats/

Backpacks for Kids – We’re Almost to Our Goal

Thanks to you, we’re less than $1,500 away from our goal of $10,000 for 200 backpacks! The deadline to reach the goal is June 30. 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! You can now donate online by credit card by simply going to www.BPJustForMe.com: Click Donations on the menu then click Donate; or just Click Here. 

OAR Open Door Award Nomination Deadline is July 5

This annual award honors three Oklahoma REALTORS^® who go above and beyond to fulfill the needs shown by their community. OAR’s Open Door Award is designed to seek out the brightest and best who give unselfishly to improving the world around them through community service. You can download the form directly here.  Questions? Contact Lora Gwartney, (405) 848-9944 or lora@oklahomarealtors.com.

EDUCATION & EVENTS:

Upcoming CE Classes at GTAR

Don’t wait until the end of your three-year licensing period to start working on your CE hours. As CE classes are scheduled, information and registration will be available on tulsarealtors.com; from the main Member Services page, click Associate Services, then click Register for Classes.  If you are a Class Pass Holder, please register for Class Pass eligible classes by emailing education@tulsarealtors.com or calling 918-663-7500.

June 26: What RE Professionals Need to Know About Taxes

1:00-4:00 p.m.: This new course is not designed to make a real estate agent a tax accountant, but it is designed to make a real estate agent aware of the rules and documentation requirements that are part of their everyday business and life as a real estate agent.  Bill Zumwalt, CPA, will show agents how they must be in compliance with the IRS and the Oklahoma Tax Commission or they could lose their license; how to treat hiring an assistant—are they an independent contractor or an employee?; review what constitutes an office in the home, and how to properly document this deduction; explain options available with regard to vehicle expenses, and what is needed to document business usage; meals and entertainment documentation and rules; determine the best type of entity for their real estate business; keys to reduce their tax liability, and much more! OREC Approved: 3 hours elective CE credit. (Class Pass Eligible) Click Here for Course Details

July 11: Professional Standards Seminar: Enforcing the Code and Its Standards

Are you a REALTOR^® member Interested in serving on GTAR’s Grievance or Professional Standards Committee? Or, would you just like to find out what happens during an arbitration or ethics hearing without being a participant? If you answered yes to either question, then this class is for you! Through lecture, discussion, and case studies, Bruce Aydt, attorney and REALTOR^®, will teach the concepts of professional conduct related to the REALTOR^® Code of Ethics and its enforcement processes. OREC approved for 6 hours required PSC CE credit (OREC will count 3 as PSC and the other 3 as elective); this course also satisfies NAR’s Code of Ethics training requirement. Cost is $25 for members. Click Here for Course Details

July 16: HUD Procedures and Bidding Process

1:00-4:00 p.m.: In this updated course taught by Jennifer Minard (Mary Berry’s protégé) you will learn HUD procedures, how to submit HUD bids, and the latest changes, including the HUD implemented “Buyer Select” closing agent pilot program which became effective this year (April 15). OREC Approved: 3 hours required HOT CE credit (Class Pass Eligible) Click Here for Course Details

June 24-25

Land 101: Fundamentals of Land Brokerage

Presented by the Oklahoma Chapter of REALTORS^® Land Institute: 8:00 a.m.-5:00 p.m. in the GTAR Training Center. This is a required course to earn credit for the prestigious and highly coveted Accredited Land Consultants (ALC^®) designation; instructor is Kirk Goble. Cost is $295 through June 9 and $349 after that date. Click Here for Course Details. Register online at www.OKRLI.com  (This is not a GTAR event.)

GOVERNMENT/LEGAL ISSUES:

Bill Would Slow Loss of Some Flood Insurance Subsidies

The phase-out of federal flood insurance subsidies for homes with "grandfathered" premium rates will be delayed for a year under an amendment that's been attached to a bill making homeland security appropriations. The phase-out of subsidies, part of flood insurance reform enacted last year, has caused concern among some property owners and lawmakers. Phase-out of premium subsidies for some other types of properties would continue as scheduled, although NAR is working with lawmakers about securing a longer delay for grandfathered properties and extending it to other types of properties.

Obama Signs Orders to Curb Patent Trolls

President Barack Obama last week issued executive orders to help curb patent lawsuit abuses by so-called patent trolls whose business model is based on leveraging broad-based patents to extract fees from product users. The executive orders come as Congress is writing legislation to combat abuses. NAR supports the efforts and is working with lawmakers to help ensure legislation is strong enough to curb abuses.

Bill Would Standardize Energy Efficiency Valuation

NAR-backed legislation to standardize the valuation of energy efficiency in the appraisal and mortgage underwriting processes has been introduced in the Senate. The "Sensible Accounting to Value Energy (S.A.V.E.) Act," S. 1106, would try to encourage the use of energy efficient materials in new and existing homes without negatively affecting older homes. 

Changes Add Flexibility to QM 'Ability-to-Pay' Rule

NAR is generally supportive of the latest changes to the Qualified Mortgage (QM) "ability to pay" rule by the Consumer Financial Protection Bureau. CFPB's changes would help give lenders more flexibility in originating QM safe harbor loans and add a reasonable criterion for loan applicants, but NAR in a letter to the agency says it wants to see some clarifying language on a number of matters still. CFPB has said it plans to keep looking at its QM rule before it takes effect next year to be sure it protects consumers and taxpayers without reducing loan availability to responsible applicants.

INFORMATION TO USE:

Free Prescription Drug Discount Card Available

A free prescription drug discount card is available to members from Drug Card America, a REALTOR Benefits^® Program partner. The card can lower the cost of some prescription drugs at more than 60,000 pharmacies, including CVS, Walmart, Walgreens, and Target, among others.  

Free Consumer Content: Staying Cool for Less Cost

The latest free content for your websites, blogs, social media pages, and print resources from HouseLogic's REALTOR^® Content Resource looks at free ideas for staying cool for less money this summer.

REALTOR^® Code Adapts to Changing Technologies

As you adapt to changing technologies, so does the Code of Ethics. Learn more about the Code in this, its centennial year.

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:

PrimeLending, Designated Individual, Michael Gresh (Second Publication)

MLS Waiver:

Richard S. Sudduth, First Commercial Real Estate (Second Publication)

GTAR Weekly Facts – June 10, 2013

NOTICES:

GTAR/NORES Members: Let’s Help Our REALTOR^® Family in Moore

The GTAR and NORES Boards of Directors voted to contribute $5,000 to the GTAR Foundation for OAR’s Oklahoma Housing Foundation REALTOR^® Disaster Relief Fund; monies from the fund will be distributed to REALTORS^® in Moore and other impacted areas who lost their homes in last week’s tornado. Confirmed so far: 16 REALTOR^® homes were completely demolished, at least 20 homes were majorly damaged (unlivable, but still standing in parts), and at least 12 REALTOR^® family members have lost homes. The REALTOR^® Disaster Relief Fund is administered by the Oklahoma Housing Foundation, which is a non-profit charitable fund administered by fifteen Trustees to provide financial assistance to REALTORS^® whose personal residences or property has been destroyed or damaged by natural disasters.

You can help too! Through June 17, the Board of Directors will match donations made by members up to an additional $5,000. You can write a check, payable to the GTAR Foundation (please indicate Tornado Relief in the memo field), and either bring it by our office or mail it to P.O. Box 470603, Tulsa, OK 74147. Or, donate online by credit card: Go to tulsarealtors.com, and click on DONATE button on lower right side of home page. (All donations are tax deductible.)

Backpacks for Kids – We’re Almost to Our Goal

Thanks to you, we’re less than $1,500 away from our goal of $10,000 for 200 backpacks! The deadline to reach the goal is June 30. 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! You can now donate online by credit card by simply going to www.BPJustForMe.com: Click Donations on the menu then click Donate; or just Click Here. 

EDUCATION & EVENTS:

Upcoming CE Classes at GTAR

Don’t wait until the end of your three-year licensing period to start working on your CE hours. As CE classes are scheduled, information and registration will be available on tulsarealtors.com; from the main Member Services page, simply click the red Education bar. If you are a Class Pass Holder, please register for Class Pass eligible classes by emailing education@tulsarealtors.com or calling 918-663-7500.

June 13: REALTOR^® Ethics, 1:00-4:00 p.m., Kathryn Jones; req. PSC CE; no cost (registration required)

June 26: What RE Professionals Need to Know About Taxes

1:00-4:00 p.m.: This new course is not designed to make a real estate agent a tax accountant, but it is designed to make a real estate agent aware of the rules and documentation requirements that are part of their everyday business and life as a real estate agent.  Bill Zumwalt, CPA, will show agents how they must be in compliance with the IRS and the Oklahoma Tax Commission or they could lose their license; how to treat hiring an assistant—are they an independent contractor or an employee?; review what constitutes an office in the home, and how to properly document this deduction; explain options available with regard to vehicle expenses, and what is needed to document business usage; meals and entertainment documentation and rules; determine the best type of entity for their real estate business; keys to reduce their tax liability, and much more! OREC Approved: 3 hours elective CE credit. (Class Pass Eligible)

June 15

Credit Clarity Saturday

Do you have a client that needs their credit checked? What does your credit report say about you? Come find out, June 15, 9:30 a.m.-12:30 p.m., Hicks Community Center (3443 S. Mingo). Presented by The Alliance for Economic Inclusion for Northeastern Oklahoma, this community event is open to everyone. Free one-on-one counseling, free credit reports can be pulled on site through www.annualcreditreport.com or you can bring your own credit report that is less than 60 days old. Many exhibitors will be available to help you meet your financial and/or home buying goals. (This is not a GTAR event.)

June 18-19

CRS 201: Listing Strategies

Presented by OK CRS with instructor Jackie Leavenworth, 8:30 a.m.-5:00 p.m. at the Holiday Inn Quail Springs-North Oklahoma City. Learn how to use your MLS to create pricing visuals that will prepare the sellers to position their homes to sell quickly, and much more. Please call Cindy Manchester with any questions or email TulsaHomeBuzz@gmail.com.  Click Here for Info and Registration Form  (This is not a GTAR event.)

June 24-25

Land 101: Fundamentals of Land Brokerage

Presented by the Oklahoma Chapter of REALTORS^® Land Institute: 8:00 a.m.-5:00 p.m. in the GTAR Training Center. This is a required course to earn credit for the prestigious and highly coveted Accredited Land Consultants (ALC^®) designation; instructor is Kirk Goble. Cost is $295 through June 9 and $349 after that date. Click Here for Course Details. Register online at www.OKRLI.com  (This is not a GTAR event.)

MLS NOTES:

Need Help? Check Out Our Knowledgebase!

The GTAR Helpdesk Knowledgebase is available 24 hours a day, 7 days a week—featuring in-depth tutorials, answers to frequently asked questions, and more! Bookmark or add as your favorite: http://gtarnores.desk.com today!

GOVERNMENT/LEGAL ISSUES:

NAR Continues to Press for Bill on QM Cap

The Consumer Financial Protection Bureau (CFPB) has finalized exemptions to the CFPB's qualified mortgage (QM) ability-to-repay rule for small creditors, community development lenders, and housing stabilization programs. The amendments also revised rules on how to calculate loan origination compensation, but didn't address some key issues related to the 3 percent cap on points and fees such as whether loan level price adjustments, affiliate title fees, and escrow for insurance are counted against the 3-percent cap. NAR continues to seek enactment of The Consumer Mortgage Choice Act (H.R. 1077 and S. 949), which would look at the 3-percent cap to help ensure consumers have the broadest access to credit and services they need.

Agencies' 'Shadow Inventory' a Concern

The inspectors general of HUD and the Federal Housing Finance Agency in a joint report say they're concerned about "shadow inventory" in the portfolios held by Fannie Mae, Freddie Mac, and especially FHA. The HUD IG also cited weakness in HUD's oversight of contractors handling FHA properties.

NAR Reiterates Lender-Placed Ins. Concern

Lender-placed insurance premiums are detrimental to distressed borrowers, NAR says a in a letter  to the Federal Housing Finance Agency. It calls on FHFA to evaluate alternatives so borrowers can get insurance at affordable premiums. Lender-placed insurance is insurance placed by lenders on homes when the property owners' own insurance is cancelled, has lapsed, or isn’t sufficient to cover possible losses. 

Duties, Disclosures Top 2013 Legal Scan Issues

Breach of fiduciary duty is the most prominent issue in NAR's 2013 Legal Scan, which is the association’s biennial research project on prominent and emerging trends in real estate risk management issues. Other notable issues include short sale- and REO-related disclosures, agency, and liability of third parties such as appraisers and inspectors. State Internet advertising rules, social networking, privacy, and anti-solicitation laws are identified as the most important technology training needs. Property management issues are looked at separately in the Institute of Real Estate Management IREM Scan.

Quiz Provides Test of REALTOR^® Trademark Knowledge

How much do you know about the correct use of the REALTOR^® logos and trademarks? Find out by taking a short quiz.

INFORMATION TO USE:

Pending Sales Index at Three-Year High

NAR's forward-looking pending home sales index for April rose 0.3 percent to 106.0 from the previous month, the highest level in three years. "The housing market continues to squeak out gains from already very positive conditions," NAR Chief Economist Lawrence Yun says. "Pending contracts so far this year easily correspond to higher closed home sales in 2013." Total existing-home sales are expected to rise just over 7 percent to about 5 million this year. Press release and video.

Safety Article on Trusting One’s Instincts

Safety expert Tracey Hawkins (who taught GTAR’s Safety Seminar last September) writes about agents trusting their intuition to protect themselves from harm in a short article called "Put Your Gut in Your Safety Toolbox." Safety articles like this will be posted regularly until September, which is REALTOR^® Safety Month. 

Free Consumer Content: Outdoor Living Spaces

The latest free content for your websites, blogs, social media pages, and print resources from HouseLogic's REALTOR^® Content Resource looks at free ideas on how to make the most of outdoor living spaces.

COMMERCIAL RE:

Senators Seek Lease Accounting Analysis

A group of 13 senators in a May 14 letter say they're still waiting for a cost-benefit analysis of proposed lease accounting rules from the Financial Accounting Standards Board and the International Accounting Standards Board. NAR and other groups have concerns with the proposed lease accounting rules because their capital standards and other requirements could hurt the availability of financing for commercial real estate.

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^®:

Glenda Elder, Elder Real Estate (Second Publication)

James “Nick” Fuller, The Fuller Agency, Inc. (Second Publication)

Dorothy Jean Goad, Jean Goad Real Estate, LLC (Second Publication)

James Huskey, Preferred Homes Realty (Second Publication)

Jack N. Lauderdale, Jack Lauderdale Company (Second Publication)

Lake Moore, IV, Lake Moore Real Estate, Inc. (Second Publication)

Steve O. Moschak, Muskogee Real Estate (Second Publication)

Arma “Toni” Redo, Red Oak Realty (Second Publication)

John H. Reynolds, Jr., Fite & Reynolds Real Estate, Inc. (Second Publication)

Jerry Sisco, Jerry Sisco Appraisals, (Second Publication)

Judith A. Smith, Town & Country Realty (Second Publication)

Sarah B. Williams, associated with Henry Hinds Realty (Second Publication)

Firm Affiliate:

PrimeLending, Designated Individual, Michael Gresh (First Publication)

MLS Waiver:

Richard S. Sudduth, First Commercial Real Estate (First Publication)

GTAR Weekly Facts – June 3, 2013

NOTICES:

 

GTAR/NORES Members: Let’s Help Our REALTOR^® Family in Moore

The GTAR and NORES Boards of Directors voted to contribute $5,000 to the GTAR Foundation for OAR’s Oklahoma Housing Foundation REALTOR^® Disaster Relief Fund; monies from the fund will be distributed to REALTORS^® in Moore and other impacted areas who lost their homes in last week’s tornado. Confirmed so far: 16 REALTOR^® homes were completely demolished, at least 20 homes were majorly damaged (unlivable, but still standing in parts), and at least 12 REALTOR^® family members have lost homes. The REALTOR^® Disaster Relief Fund is administered by the Oklahoma Housing Foundation, which is a non-profit charitable fund administered by fifteen Trustees to provide financial assistance to REALTORS^® whose personal residences or property has been destroyed or damaged by natural disasters.

You can help too! Through June 17, the Board of Directors will match donations made by members up to an additional $5,000. You can write a check, payable to the GTAR Foundation (please indicate Tornado Relief in the memo field), and either bring it by our office or mail it to P.O. Box 470603, Tulsa, OK 74147. Or, donate online by credit card: Go to tulsarealtors.com, and click on DONATE button on lower right side of home page. (All donations are tax deductible.)

You Can Now Donate Online by Credit Card!

Making donations to Backpacks for Kids just got easier! Simply go to www.BPJustForMe.com: Click Donations on the menu then click Donate, or just Click Here. This year’s goal is to raise $10,000 to fund 200 backpacks (each backpack costs approximately $50 to fill); to date, $6,606.03 has been raised. The deadline to reach the goal is June 30. 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! Click Here for Donation Form

EDUCATION & EVENTS:

Upcoming CE Classes at GTAR

Don’t wait until the end of your three-year licensing period to start working on your CE hours. As CE classes are scheduled, information and registration will be available on tulsarealtors.com; from the main Member Services page, simply click the red Education bar. If you are a Class Pass Holder, please register for Class Pass eligible classes by emailing education@tulsarealtors.com or calling 918-663-7500.

June 6: Understanding the URAR Appraisal Report

9:00 a.m.-12:00 p.m.: In this encore presentation, Bob Bryant will discuss the URAR form in detail with emphasis on the new guidelines established March 2012. Fannie Mae requires all reports submitted to them for purchase to be compliant with these guidelines. The additional guidelines, Uniform Appraisal Dataset (UAD), pertain to how the URAR form is to be completed. OREC approved: 3 hours required HOT CE credit. (Class Pass Eligible)

June 10: A Residential Transaction: ‘For Sale’ to ‘SOLD’

1:00-4:00 p.m.: This new course will explore the processes involved for taking a listing from “For Sale” to “Sold.” Ann Lloyd will review the complete “selling” process, evaluate pricing considerations, analyze marketing strategies, discuss negotiating techniques, and examine the transaction participants’ roles in the closing process. By the end of the class, you will have expanded your knowledge of all aspects of a real estate sales transaction, and have a more thorough understanding of how your role as a real estate professional is monumental in delivering a smooth and successful transaction; OREC Approved: 3 hours elective CE credit. (Class Pass Eligible)

June 13: REALTOR^® Ethics, 1:00-4:00 p.m., Kathryn Jones; req. PSC CE; no cost (registration required)

June 26: What RE Professionals Need to Know About Taxes

1:00-4:00 p.m.: This new course is not designed to make a real estate agent a tax accountant, but it is designed to make a real estate agent aware of the rules and documentation requirements that are part of their everyday business and life as a real estate agent.  Bill Zumwalt, CPA, will show agents how they must be in compliance with the IRS and the Oklahoma Tax Commission or they could lose their license; how to treat hiring an assistant—are they an independent contractor or an employee?; review what constitutes an office in the home, and how to properly document this deduction; explain options available with regard to vehicle expenses, and what is needed to document business usage; meals and entertainment documentation and rules; determine the best type of entity for their real estate business; keys to reduce their tax liability, and much more! OREC Approved: 3 hours elective CE credit. (Class Pass Eligible)

June 8

Homeownership Event

Housing Partners of Tulsa, Inc. presents “I’m Coming Home”; 9:00 a.m.-1:00 p.m. at the Tulsa Area Housing Authority office (415 E. Independence).  A step by step roadmap by industry professionals on purchasing your first home. For more information on the event, call 918-551-5200. Housing Partners also has booth space available and is looking for donations. They are asking those who want booths to contact Heather Martin Quintoro at 918-581-5907, and bring either a food donation or a door prize in lieu of a booth fee. (This is not a GTAR event.)

June 15

Credit Clarity Saturday

Do you have a client that needs their credit checked? What does your credit report say about you? Come find out, June 15, 9:30 a.m.-12:30 p.m., Hicks Community Center (3443 S. Mingo). Presented by The Alliance for Economic Inclusion for Northeastern Oklahoma, this community event is open to everyone. Free one-on-one counseling, free credit reports can be pulled on site through www.annualcreditreport.com or you can bring your own credit report that is less than 60 days old. Many exhibitors will be available to help you meet your financial and/or home buying goals. (This is not a GTAR event.)

June 18-19

CRS 201: Listing Strategies

Presented by OK CRS with instructor Jackie Leavenworth, 8:30 a.m.-5:00 p.m. at the Holiday Inn Quail Springs-North Oklahoma City. Learn how to use your MLS to create pricing visuals that will prepare the sellers to position their homes to sell quickly, and much more. Please call Cindy Manchester with any questions or email TulsaHomeBuzz@gmail.com.  Click Here for Info and Registration Form  (This is not a GTAR event.)

June 24-25

Land 101: Fundamentals of Land Brokerage

Presented by the Oklahoma Chapter of REALTORS^® Land Institute: 8:00 a.m.-5:00 p.m. in the GTAR Training Center. This is a required course to earn credit for the prestigious and highly coveted Accredited Land Consultants (ALC^®) designation; instructor is Kirk Goble. Cost is $295 through June 9 and $349 after that date. Click Here for Course Details. Register online at www.OKRLI.com  (This is not a GTAR event.)

MLS NOTES:

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): Tuesday, June 4, 2:00-4:30 p.m.

Fusion 3 (Hands-on): Thursday, June 6, 2:00-4:00 p.m.

Need Help? Check Out Our Knowledgebase!

The GTAR Helpdesk Knowledgebase is available 24 hours a day, 7 days a week - featuring in-depth tutorials, answers to frequently asked questions, and more! Bookmark or add as your favorite: http://gtarnores.desk.com today!

June 12

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

April 2013 Home Sales Stats Now Available

http://www.tulsarealtors.com/stats/

GOVERNMENT/LEGAL ISSUES:

QM Cap to Hurt Smaller Lenders
The 3-percent cap on points and fees in the qualified mortgage (QM) "ability-to-repay" rule finalized earlier this year discriminates against small and mid-sized lenders, community banks, credit unions, and lenders affiliated with real estate brokerages, NAR says in a statement to a House Financial Services subcommittee last week. If left unchanged, the rule is expected to make a third to half of all mortgage loans more expensive than they otherwise would be because they couldn’t be defined as "qualified" under the QM rule. NAR calls on Congress to pass "The Consumer Mortgage Choice Act" (H.R. 1077 and S. 949), which would correct the problem. The QM rule takes effect early next year.

Student Debt Needs Closer Look    

The increase in student debt along with tightening mortgage standards under proposed qualified residential mortgage (QRM) rules will leave many households with restricted access to home ownership NAR 2012 president Moe Veissi testified earlier this month at a Consumer Financial Protection Bureau field hearing. NAR is gathering data and conducting research on student debt to help it assess the issue. 

INFORMATION TO USE:

Free Consumer Content: How to Be a Wise Buyer

The latest free content for your websites, blogs, social media pages, and print resources from HouseLogic's REALTOR^® Content Resource looks at how to make a wise home purchase.

COMMERCIAL RE:

Commercial Seeing Modest Improvement

Commercial real estate market fundamentals have improved, with vacancy rates and rents seeing modest gain, but financing remains a challenge for small business, NAR says in its latest quarterly commercial real estate forecast. "The wheels appear to be greased for the big players, but not so much for small business," NAR Chief Economist Lawrence Yun says. "Overall, the commercial sectors are firming nicely, with multifamily continuing to show the best performance." News release

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^®:

Glenda Elder, Elder Real Estate (First Publication)

James “Nick” Fuller, The Fuller Agency, Inc. (First Publication)

Dorothy Jean Goad, Jean Goad Real Estate, LLC (First Publication)

James Huskey, Preferred Homes Realty (First Publication)

Jack N. Lauderdale, Jack Lauderdale Company (First Publication)

Lake Moore, IV, Lake Moore Real Estate, Inc. (First Publication)

Steve O. Moschak, Muskogee Real Estate (First Publication)

Arma “Toni” Redo, Red Oak Realty (First Publication)

John H. Reynolds, Jr., Fite & Reynolds Real Estate, Inc. (First Publication)

Jerry Sisco, Jerry Sisco Appraisals, (First Publication)

Judith A. Smith, Town & Country Realty (First Publication)

Sarah B. Williams, associated with Henry Hinds Realty (First Publication)

Firm Affiliate:

The Real Estate Book of Greater Tulsa, Designated Individual, Donna Murphy (Second Publication)