NOTICES:
HAPPY 4TH OF JULY!
The GTAR/NORES office will be closed Thursday, July 4 for Independence Day. Have fun and be safe!
Welcome Muskogee Association
of REALTORS®!
Today, July 1, the Muskogee Association of REALTORS®
officially becomes part of GTAR and NORES. (MAR has been in the process of
dissolving its board and MLS over the last month or so.) The GTAR/NORES staff is continuing to enter
Muskogee “Sold” history (2010-present) into the MLS system. To date, most of
the sold history has been entered. “Cooperating Keys”: To add the Muskogee
and/or Bartlesville area to your DisplayKey, bring your Dkey into the GTARNORES
office for programming. The new area will be programmed into the key and
updated. You MUST update your key on its cradle again before you can
show. To add the Muskogee and/or Bartlesville area to your Ekey, call Gloria at
918-663-7500. Your phone will be programmed and will need to be updated
before you can show.
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:
July 18
Edutainment Day
is Back!
8:30 a.m.-12:30 p.m. Topics include: OREC Topics and Trends; Social Media
Marketing; Multi Offers – A Great New Problem;
Crime Prevention Strategies & Tactics. Breakfast sponsored by Amercian
Eagle Title Group. FREE to Members! Register online: from the Main Menu, click
Associate Services, then click Register for Classes.
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.
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
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. (Class Pass
Eligible)
August
26-27
CRS
206: Technologies to Advance Your Business
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. Take advantage of
early-bird savings! Through August 5, cost is $250; after, cost will be $295.
CRS 206 is open to all members! Click Here for Course
Details
GOVERNMENT/LEGAL
ISSUES:
Short Sales: Minimum 5 days in MLS,
Fannie, Freddie Say
Any property being
considered for short sale approval must be listed on the multiple listing
service (MLS) for five consecutive days, including one weekend, prior to Fannie
Mae or Freddie Mac approving the offer, the two companies say in changes to their short sale
guidelines. Both companies will require submission of printed copies of the
property's MLS listings in the geographic area in which the property is located.
The changes take effect August 1.
Bill Would Extend Mortgage Tax
Forgiveness Again
Legislation would extend for
another two years tax forgiveness for borrowers who've had a portion of their
loan balance forgiven by their lender. NAR supports the extension and President
Gary Thomas in a June 20 letter thanked Sens. Debbie
Stabenow (D-Mich.) and Dean Heller (R-Nev.) for sponsoring "The Mortgage
Forgiveness Tax Relief Act," S. 1187.
Thomas Urges 3 Percent Cap Change in
Testimony
NAR President Gary Thomas in
a video podcast talks about his testimony before a House committee two
weeks ago in support of legislation that would address a problematic 3-percent
cap on points and fees under the qualified mortgage (QM) rule that takes effect
next year. Thomas said the QM rule discriminates against small lenders and
affiliated businesses and can be corrected by passage of "The Consumer
Mortgage Choice Act," H.R. 1077.
INFORMATION TO
USE:
Home Sales Rise in May, Prices Up 15.4
Percent
Existing-home sales in May
rose 4.2 percent to a seasonally adjusted annual rate of 5.18 million from
4.97 million in April. The sales pace is 12.9 percent above the 4.59
million-unit pace in May 2012. The national median home price rose 15.4
percent, year-over-year, to $208,000. This marks the sixth straight month of
double-digit price increases and the strongest gain since October 2005. Press release and video.
REach: Discounts for Members who Product
Test
Members: You can apply to be part of NAR's
technology accelerator program, REach, by helping to test REach partners' products
and services. You choose which REach companies to work with and provide
feedback to help improve their offerings. In exchange, you receive discounts on
the products and services.
10 Percent Discounts on Emergency Phone
Charger
Members: Get 10 percent off on a REALTOR®-branded
emergency phone charger from the REALTOR Team Store®. The store is
NAR’s official supplier of REALTOR®-branded items and a REALTOR
Benefits® Program partner.
Evernote, Google+ Featured in Webinar
Summit
Members: Learn about using
Google+, Evernote, Facebook, and how to use video in a REALTOR®
University social media webinar summit, Thursday, July 25. The
summit features five webinars hosted by real estate pros who've mastered these
and other platforms for selling real estate. Summit registration is $19.95. Use
discount code 'RUWSB2' to save an additional $5.
Free Double Upgrade on Hertz Summer
Rentals
Save on summer travel with a
free double upgrade and up to 25 percent off your next Hertz rental through the
REALTOR Benefits® Program. Plus, new Hertz Gold Plus rewards members
who sign up this summer; you can earn 500 activation bonus points after
completing your first rental. Visit REALTOR.org/Hertz or call 800-654-2200.
Free Consumer Content: Ideas to Speed Up
Summer Sale
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 sellers can speed up a summer sale.
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®:
Robert
Johnson, Johnson Company Realty (First Publication)
Robin
L. Stout, R. L. Stout Realty (First Publication)
Jerry Sisco, A-1 Appraisal Service (Second Publication)
MLS Waiver:
Arlyn Imel, Prospectors Real Estate, Inc. (Second Publication)
