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Freedom is never free.
Quick Tech Tip
Author Unknown
NAR's Virtual Library on Your Phone or Tablet
the monetary and time issues.
NAR created an App for Iphone
and Android that allows its
members to download books
from NAR’s virtual library.
You can get your free App to
NAR’s Virtual Library by
downloading the OverDrive
Media Console App in your
Play Store or Itunes account.
Look for the National
Now, I know free does not
Association of REALTORS®
always bring the best results.
library and
Yet, NAR has a lot of great
input your
books in its virtual library that
NRDS
includes Autobiographies and
numbers
However, the National
Association of REALTORS® has topics like Education, Business when asked.
and Finance, History, Foreign
looked into the general
Language, Law, Health and
predicaments that encumber
Fitness and Current
their members and have
OverDrive App
Events/Politics.
created a solution that solves
Good books are hard to come
by and when they do they are
mighty expensive. Who has 25
bucks for a book that might
help you expand your
business? Or, who has the
time to read during their busy
days? Reading is becoming a
lost art.
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Tabl e of Con ten ts
Quick Tech Tips
Notes From Your Executive Officer
RVAR Membership Counts
RVAR President's Report
A Few Words from the SOMLS President
Assistance Contact Information
Members on the Move
Help Desk
From the Education Coordinator
November Trivia
Sudoku
Rapattoni - Contract of Cooperation
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RPR - Finding the Right Price
Listingbook - Empowering Your Client
Listhub - From the MLS to the World
Changes in Reverse Mortgage...
Installation Luncheon Pictures
Jackson County Statistics for October
Josephine County Statistics for October
Our Affiliates
Contact Information
November / December Calendar
Mission Statement
N o v / D ec 2 0 1 3
Notes From Your Executive
Officer
Tina Grimes
business. To keep with the theme, I’d like
to share with you a couple of “coming
soon” items I learned while at the
Convention.
I can’t believe it’s already time to write
another article – this past month has been
a whirlwind of activity. Your new Boards of
Directors are geared up and ready to go
for their first meetings (SOMLS November
1 9th at 1 :30 p.m. and RVAR December
6th at 9:00 a.m.). Several of your
leadership attended the NAR Annual
REALTOR® Convention week before last
in San Francisco and brought home a
wealth of information and updates that we
will be utilizing to lead our organizations in
the coming year.
Speaking of leadership, for those of you
who have been in the business for a while,
you probably know the name Paul Tuttle.
He was a long time member of the Grants
Pass Association of REALTORS® and was
our Oregon Association of REALTORS®
President in 2003. We are saddened to
report his passing this past Thursday. Paul
gave unceasingly to our industry and will
be sorely missed by all who knew him. Our
thoughts and prayers are with his family
and friends. A service will be held this
coming Friday, November 22nd, at 1 1 :00
a.m. at River Valley Community Church
(405 NE 6th Street, Grants Pass). There
will be a reception to follow the service at
the church.
This issue of the REConnect is dedicated
to some of the SOMLS tools and services
that you can utilize to benefit your
Rapattoni is scheduled to launch a new
photo uploader in the first quarter of 201 4.
With this new uploader you:
will be able to drag and drop photos
won’t have to resize them ahead of
time – it will do it for you during the
upload
will be able to crop, rotate, and sort
the order right in the uploader
Also scheduled to launch from Rapattoni
in the first quarter of 201 4 are some
changes to the mobile/tablet version. With
these updates you will be able to do the
following from your smartphone or tablet:
Upload photos
Do price or status changes
Enter a listing (for those who are
authorized to do so)
Access and manage contacts and
prospects
By this time next year, Listhub is
scheduled to roll out analytics reports for
your personal website alongside the
analytics for the syndication sites (i.e. –
Zillow, Trulia, realtor.com, etc.) so you can
compare the value of leads from your site
versus the more generic sites.
This is just a small sampling of what our
vendors are getting ready to roll-out in
upgrades in the coming year, so make
sure you are reading our broadcast emails
and newsletters to stay on top of the
features and benefits that will help you in
your daily business.
A quick safety note: it has been brought
to my attention that REALTORS® in the
Klamath Falls area have been receiving
very inappropriate texts and pictures from
an unknown number. We have been asked
to advise you that if you or someone in
your office receives or has received an
inappropriate text or picture from an
unknown source, please contact: Officer
Bill Rhodes with the Klamath Falls City
Police Department and reference Case
#1 31 1 1 20069.
I hope you not only enjoy this issue of the
REConnect, but will take at least one thing
away from it that will help you in your
business. If you do, then we have
succeeded.
Have a great month,
Tina
Current RVAR Membership Counts
787 REALTOR® Members (746 Real Estate Licensees & 41 Appraisers)
24 Affiliate Firms and 1 22 Affiliates in those firms
41 Appraisal Firms
1 50 Real Estate Firms
www. ro g u eval l eyreal to rs. o rg
3
Valor is stability, not oflegs and arms, but ofcourage and the soul.
Michel de Montaigne
President's Report
Barbara Brown
We have an excellent organization. I
have been thinking quite a bit
about my goals for the coming year
as your RVAR President. I started
out by trying to think of what I
thought we needed to “change” in
order to improve our organization.
The more I thought about it, I
realized we are at a great place. So
rather than change I believe the
question is how can we grow?
also want to thank our RVAR Staff
for the great job that they are doing
for all of us on a daily basis.
Last week, at the National
Association of REALTORS®
Convention I met with other
Presidents and President Elects
from around the country. I am
pleased to be able to tell you that
RVAR has already moved above
and beyond most of the issues that
some Boards are just starting to
deal with.
to use new programs
and products. Embrace
1 Learn
technology.
Be willing to assist fellow
and answer their
2 agents
questions politely and
I want to say thank-you to our
Executive Officer, Tina Grimes, for
the great job she is doing and to let
you know that she has just passed
the RCE (REALTOR® association
Certified Executive) exam.
Currently, there are only five other
people in the State of Oregon who
have earned this designation. I
4
So, my goals are not to try and
“Change” things, but to try and
“Improve” things.
My first goal is to encourage
everyone to “Raise the Bar”
professionally. Here are a few of
my suggestions.
professionally. Be especially
kind to our newer agents. We
were all new once.
that “Time is ofthe
Essence” in our business and
3 Remember
respond to all emails, calls and
texts in a timely fashion.
4
Always follow the Golden Rule.
My second goal is to increase the
number of investors we have to
RPAC (REALTOR® Political Action
Committee. Your investment of
$50 in RPAC provides the following
benefits:
1
Helps support staff that monitor
potential legislation that could
be harmful to our profession.
An example is the ongoing fight
to stop the elimination of the
mortgage interest deduction.
2
Promote political candidates
support Realtor issues and
3 who
concerns
Allows you to take a $50 credit
4 on your tax return
Supports the Call to Action
program which alerts us to
important pending legislation
I look forward to the coming year
and serving as your RVAR
President. Please feel free to
contact me with any of your
questions or concerns.
Barbara Brown
N o v / D ec 2 0 1 3
A Few Words from the
SOMLS President
Dave Wright
services nationally and an
increased emphasis on
communication between multiple
listing services and their members.
I am excited for the upcoming year
as President of the Southern
Oregon Multiple Listing Service.
Thank you for your trust in me and
the Board as we go forward in
201 4.
As you well know, there is a lot
happening in our industry that is
changing the way we do business,
and the lion share of the changes
involve technology. The SOMLS
Board has done a terrific job in the
past of staying on top of changes
and adding services that help you
do your job better or at a minimum,
make your job easier. We will
continue to stay focused on this
and welcome any and all feedback
you have about the services we
provide.
There are a lot of interesting
discussions happening at the
national level about how multiple
listing services work with their
members and where things are
headed in light of all the information
available to the consumer. I believe
these next few years we will see
consolidation of multiple listing
Finally, a sample of what we plan to
work on this year includes
enhancing our mobile applications;
market the open house component
of our public facing website; and
Therefore, my goal is to make sure explore the possibility of
we are looking for opportunities to incorporating rental data into
work with other MLS’s in our region SOMLS.
to not only enhance exposure for
our members and their client’s
We have a great staff with Tina and
properties, but also position
her team, and an experienced
ourselves for the future.
Board of Directors, which should
position us well for continuing to be
I also believe that in order to
the trusted source of accurate data
understand what our members
in our region and innovative in the
want, we need to communicate
services we provide. I am looking
with them often and in the format
forward to a fantastic 201 4 and
that they are most comfortable
please feel free to contact me with
with. So, in the coming months we any questions or concerns you
will be reaching out to meet with
may have.
participants and subscribers to get
your feedback. If you have any
Yours truly,
feedback at this time, please do
Dave Wright
not hesitate to let us know.
Assistance Contact I nformation
RVAR/SOMLS
Rapattoni
Supra
Zipforms
REALTORS® Property Resource (RPR®)
Oregon Assocation of REALTORS®
Oregon Real Estate Agency
Listingbook
www. ro g u eval l eyreal to rs. o rg
541 770 7060
866 730 71 1 4
877 699 6787
800 847 6298
877 977 7576
503 362 3645
503 378 41 70
866 353 3456
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I think there is one higher office than president and I would call that patriot.
Gary Hart
Members on the Move
REALTORS®
New to SOMLS
Appraising Services NW
Roy Claypool
Inactived from SOMLS
Coldwell Banker ProWest, Ashland
Krista Laulainen
REALTOR®
Offices
New to SOMLS
Appraising Services NW
Keller Williams Realty, Grants Pass Inactived from RVAR and
31 67 21 st Ave SE
Joan Kostelnik
SOMLS
Mitchell Fields
Keller Williams Realty, Grants Pass Albany, OR 97322
Russel Lloyd
New to RVAR and SOMLS
John L Scott, Ashland
Linda Haxton
John L Scott, Medford
Gary Holt
Keller Williams Realty, Medford
Angelia Barton
Carie Penner
Jason Brooks-Torres
Northwest Brokers
Mark Skillman
New to RVAR and SOMLS
Our Thoughts and
Prayers Go Out To:
Tiffany Malot and family at the
passing or her Mother-in-Law
Sandy Malot who was a long
time member of the Rogue
Valley Assoc. of REALTORS®.
Doug Morse and his family at
the passing of his mother.
Cynthia Sleppy Real Estate
880 Shafer Ln
Medford, OR 97501
Linda J. Lewellen Real Estate
P.O. Box 834
Talent, OR 97540
Northwest Brokers
P.O. Box 3279
Ashland, OR 97520
Western Properties of Southern
Oregon
Sandra Brown
Transfer
Cynthia Sleppy Real Estate
Cynthia Sleppy
Home Quest Realty
Diane Adams
John L Scott, Grants Pass
Adrienne Cervantes
John L Scott, Medford
Amanda Tucker
Linda J. Lewellen Real Estate
Linda Lewellen
Merit Commercial Real Estate
Tom Grimland
Realty Executives Southern Oregon
Susanah Childers
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N o v / D ec 2 0 1 3
Help Desk
Getting
the
Membership
Forms
This article is to help the agents or participants who are looking for specific forms and have a hard
time locating them. We will show you have to locate forms that range from the ‘New Agent’ packet
to the ‘Credit Card Authorization’ form to the member ‘Change Form’.
The first thing that is needed is to log-in to www.roguevalleyrealtors.org. When you do you will see
the following:
Click on the ‘Documents Online’ button.
On the left side of the screen you will see the following menu. Click on
the 'Forms' button:
You will see the following icon in the middle of the screen:
Clicking on the ‘Membership Forms’ icon will lead you to all the forms
that are needed that pertain to membership in SOMLS and RVAR.
Realist App
The Realist app is a good app for the agent that
wants the basic tax information of a property
while they are out in the field. To get the app you
first need to log onto Realist via Rapattoni. On the
top right you will see these buttons:
Click on Realist Mobile and fill out the fields to sign –up for Realist Mobile. Once you
do this you can download the app on your phone and you are ready to go.
www. ro g u eval l eyreal to rs. o rg
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This nation will remain the land ofthe free only so long as it is the home ofthe brave.
Elmer Davis
From the Education
Coordinator
us we need to start thinking
about what we want to offer for
education. As you know the
real estate industry is always in
a state of flux reacting to the
economic forces as well as the
political forces from the local,
state and national level and we
have to plan our education
schedule accordingly.
Lance Carroll
If you have any ideas for classes
that you would like to have or
speakers you would like to hear
please email me at
lance@roguevalleyrealtors.org.
The Greenest House in
Ashland
Thursday, December 5 – 1 2pm
to 1 pm – Haris Training Ctr
Gary Dorris of Dorris
We
want
to
continue
the
Construction is going to take us
RVAR ramped up its education
through a house that he built
program in 201 3 with 36 classes relationships that we had
developed
with
the
local
officials
that is one of the greenest
that provided over 80 hours of
continuing education. Including and businesses by offering more homes in the valley. The house
classes on the topics and areas was written up in the Mail
the non-continuing education
that they specialize in. We are
Tribune and was on the cover of
classes we provided over 1 00
very
fortunate
to
have
Home Power Magazine. He will
hours of real estate education
developed these relationships
walk us through the home and
on various topics. That is
and
hope
to
continue
this
trend
discuss green technology and
double what we offered in 201 2
and sets the mark very high for as we expand the RVAR classes its practical use. Click Here to
to cover more areas and topics sign up for this great class.
201 4.
that are neglected in the online
and webinar style classes.
Now that 201 4 is almost upon
N ovem ber Tri vi a
November 1 983 saw the start of the Cabbage
Patch phenomenon.
Mary Edwards Walker was the first woman to receive
the US Medal of Honor on November 1 1 , 1 865.
Continental Navy was established November 28, 1 775. On November 21 , 1 620 the Mayflower lands at
Cape Cod and the Mayflower Contract is signed.
Navy wins the first Army-Navy football game
The Cuban Missle Crisis took place during
(24-0) on Novmeber 29, 1 890.
November 1 962.
Abraham Lincoln delivered the Gettysburg
The Electric Razor was patented on November 6, 1 923.
Address on November 1 9, 1 863.
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N o v / D ec 2 0 1 3
Ch a llen gin g
Sudoku
by PrintFreeSudokuPuzzles.com
Difficult
www. ro g u eval l eyreal to rs. o rg
9
The
Tools
of
SOMLS
When our perils are past, shall our gratitude sleep?
George Canning
By Lance Carroll
Southern Oregon Multiple Listing Service has a lot of tools for you to expand and grow your
business. Here we will highlight some of those tools and explain how they can help your business.
We start off with Rapattoni and how it is the glue that secures the relationships between the
individual brokers. Then we discuss REALTORS® Property Resource and how it can help the
REALTOR® find the best price for their listing. Listingbook is critical when working with buyers and
sellers in terms of educating them on the market conditions and available supply of homes. Finally
we talk about Listhub and how it gives you control over where your listings are on the internet and
infront of potential buyers throughout the world.
Rapattoni – The Launchpad
The primary purposes of an MLS is
to provide authorized Participants
with a means of making legally
binding unilateral offers of
compensation to other
Participants; to enhance
cooperation among Participants;
and to be a facility for the orderly
correlation and dissemination of
listing information among
Participants (both real estate
licensees and appraisers) so that
they may better serve their clients,
customers, and the public. SOMLS
uses Rapattoni’s MLS system to
help fulfill this purpose. Rapattoni is
the starting point that is not only a
feature-rich tool in and of itself, but
it is what makes the other SOMLS
tools and services possible.
data. Rapattoni gives the SOMLS
user the chance to search the
thousands of current listings, solds,
pendings, expired and withdrawns
that we have in Southern Oregon
and then narrow their search if they
are only looking for certain types of
property or amenities tied to those
properties. Rapattoni is so featurerich that it would take more pages
than we have in this newsletter to
go over them all, so we will just
highlight a couple of the key ones
that you can use every day.
the area. Map Explorer gives the
agent the ability to spatially look at
all the active and/or pending listings
in a targeted area. The listings
show up as dots that are clickable
to give basic information and to
open a detailed listing page for the
property. The added benefit of the
Map Explorer feature is you can
add point of interests to the map
like schools, police, hospitals and
golf courses to give the broker or
the buyer an idea of what is around
the targeted area.
You’ve heard us say it many times
over the years, that the MLS
system is only as good as the
information in it. It’s all about the
If you click on the ‘Maps’ tab at the
top of the webpage and click on
the ‘Map Explorer’ button on the
drop down this will open a map of
If you do a lot of searches on
Rapattoni you might have come
across the ‘Cart’ function. This
function is wonderful for the agent
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N o v / D ec 2 0 1 3
who has an eclectic client that
wants to look at a bunch of random
properties that you can’t fit on a
single search. You do a search,
pick the properties that your client
might like and then click the ‘Add
to Cart’ button. When you have
finished compiling the list of
properties you can create a report
or click on ‘Add to Prospect Cart’
on left and that will send the list to
your prospect. The other benefit of
the ‘Cart’ is that is allows you to
save search results if you have a
sudden need to change your focus
to another client. The ‘Cart’ is great
for storing searches or properties to
view upon a later date when time
allows.
Rapattoni is the system that
enables SOMLS to be as effective
as it is. However, the ability to
search and create reports from the
vast amount is data is just the
beginning.
REALTORS® Property Resource (RPR®)
– Finding the Right Price
As REALTORS®, you need to
be knowledgeable in many
areas. Yet, the one area that is
vital in helping your client get
the best house or the best offer
is: knowing the market and how
much a property is worth. And
that is the strongest part of
RPR®.
To start off, RPR® has
information on over 1 .4 million
properties throughout the
United States. It is creating
partnerships with various
MLS’s to get their data and
make it accessible to
REALTORS® that have signed
up. RPR® collects data from
over 20 different sources and
merges it with data from the
local counties and MLS's. All
this data is free for REALTOR®
members and not accessible
by the public. The data is all
there on REALTORS® Property
Resource and all you have to
do is sign up.
SOMLS has agreements with
RMLS in Portland, MLS of
Central Oregon, Klamath
County MLS, and Grants Pass
MLS to allow users to see each
other's MLS data in RPR®. It is
not an offer of compensation,
but it does allow you access to
listed property information in
the majority of the state.
The part about RPR® that
makes it a strong tool for the
real estate industry is the
REALTOR® Valuation Model
(RVM ®). This tool in RPR®
gives the REALTOR® the ability
to adjust the property
according to the information at
www. ro g u eval l eyreal to rs. o rg
hand. If there is a new kitchen,
RVM ® will adjust the price of
the home to fit the new data.
RVM ® can adjust the price on a
home to accommodate many
different additions or
renovations. If the bathroom,
square footage, bedrooms have
changed then you can input the
information and the RVM ® will
adjust the price. The other part
of RVM ® which is great for
REALTORS® is that you can
create adjustment when
comparing to similar properties
in the area. You can adjust for
market conditions, lot size,
view, exterior and interior
conditions and privacy. These
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Lord, bid war's trumpet cease; Fold the whole earth in peace.
Oliver Wendell Holmes
adjustments allow the
REALTOR® to have a greater
chance to pinpoint the correct
value of a home.
REALTORS® is the reports that REALTORS® Property Resource
it creates. The reports vary
is the tool that REALTORS® can
from a ‘Property Report’ to a
use for better competitive
‘Neighborhood Report’ to a
pricing, reports and gathering
‘Valuation Report’. They can
data on various properties
The final aspect of RPR® that
be emailed to your clients and around the country.
makes it an essential tool for
are saved on the RPR® website
for 30 days.
Check the calendar for RPR® specific training classes starting in 201 4.
Listingbook – Empowering Your Client
Some buyers want to look at all the
houses on the market. They want
to be in charge of their searches to
fit their buying paradigm. Some
buyers are constantly changing
their wants and needs to fit their
knew dream of an ideal house.
Some buyers have the potential to
drive their agent to the brink of
insanity with their questions on why
a property that is listed on Zillow or
Trulia is not showing up in their
client portal.
Some agents know how this feels
and if you do then go to
www.listingbook.com and sign up
for your basic Listingbook account.
Listingbook’s system is based
upon empowering the client to
search the MLS database of active
listings like they were an agent.
These searches by the client are
saved in Listingbook and the client
will get daily updates if any listing
falls or moves in the criteria they
choose. The types of searches
and criteria of the searches that the
client has available are similar to
those found in Rapattoni. The
client has the power of their agent
without monopolizing their agent’s
time.
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The beauty behind Listingbook is
that the agent will get daily notices
from Listingbook about any activity
that their client does the previous
day. The client creates a new
search and then the agent will
know. If the client finds a property
that they like, they can watch the
property and be alerted if there is
any change in status or price.
be posted on the agents
Listingbook homepage and can
link with the property that is being
discussed. Where Rapattoni does
have something similar, this tool is
an added resource that is very easy
to use and understand and allows
for almost instantaneous
communication between the buyer
and the agent.
Another great functionality of
Listingbook is their tool that allows
your client to communicate with
you. On each property they look at
the client has the ability to leave
you a message. This message will
Southern Oregon Multiple Listing
Service is the first MLS in Oregon
to use Listingbook. Agents from
around the country have praised
Listingbook for its ease of use and
strength of concept.
N o v / D ec 2 0 1 3
Listhub – From SOMLS to the World
One of the most challenging parts
of being a REALTOR® is
advertising your listing. You can
put the sign on the lawn, advertise
in the local magazines/newspaper
and put it in the MLS. But, the
majority of today’s buyers start the
home buying process on the
listing is on the market, then they
internet.
won’t have a chance to buy it.
That is why SOMLS has created a
Zillow, Trulia and REALTOR.com
are the most dominate real estate partnership with Listhub to give
websites that have data on homes you the ability to syndicate your
active listings to the major real
for sale across the nation. Even
though their data may be old and estate advertising sites. Listhub is
unreliable, these sites are critical in an opt-in system, meaning your
office is in complete control over
the homebuyers first step. They
where - or even if - your listings are
let the buyer know what the
advertised.
‘potential’ supply is and
‘potentially’ how much home they
Listhub is
can afford.
helping our
Southern Oregon Multiple Listing agents by taking
their listings and
Service understands the need to
get your listings out into the world spreading them
in a timely and accurate fashion. If throughout the
internet on over
the buyer doesn’t know your
50 websites. Listhub also has
tools that can help your business
like: reports, free leads via phone
and email, online technical support
and lead management control.
Listhub at its core is an instrument
that satisfies the need to reach the
majority of the homebuyer’s first
step of internet research. It
provides the needed information
of what, where, and how much.
In Conclusion
These tools are essential for growing your
business. However, SOMLS can only provide
the tools for you and offer the essential
understanding of what they provide. It is up to
the individual broker to understand their
individual business strategy and to use the ‘The
Tools of SOMLS’ to expand and maximize it.
www. ro g u eval l eyreal to rs. o rg
13
The willingness ofAmerica’s veterans to sacrifice for our country has earned them our
lasting gratitude.
Jeff Miller
Changes to Reverse
Mortgages Will
Protect
Consumers
By Carol Galante
from
www.hud.gov
HUD has a long history of
helping our nation’s seniors find
quality, affordable housing.
With the help of initiatives like
our Section 202 housing and
Assisted Living Conversion
Programs (ALCP), we make
sure to set aside some of our
housing assistance resources
for our most vulnerable elderly
populations – promoting their
independence and inclusion in
communities across the
country. Lately we’ve been
speaking a lot about a core
FHA program that supports
seniors: the Home Equity
Conversion Mortgage (HECM).
time when their income is likely
to be reduced—by retirement
or limited hours—or
strained—by higher medical
expenses and the increased
cost of living. When used
responsibly, HECMs help
seniors maintain their quality of
life and independence.
coming years. And that would
hurt elderly homeowners, the
Mutual Mortgage Insurance
(MMI) Fund, and taxpayers.
But rather than end an effective
program that seniors rely on, in
November 201 2 we appealed
to Congress, asking for the
ability to make critical changes
Since 2009, we have taken
quickly and clearly – through
decisive and aggressive action Mortgagee Letters. With this
to protect and improve the
legislation passing both houses
Fund across all programs, and of Congress with bipartisan
as a result, are seeing positive support, it is clear that the
trends in the portfolio.
financial well-being of our
However, the FY 201 2 review of nation’s seniors as well as the
the portfolio indicated that
fiscal security of the MMI Fund
HECM loans—as a result of the are priorities shared by both
financial crisis, changing
parties.
HECMs help seniors remain
demographics, and new usage
financially secure by giving
Last month, the President
them access to the equity that trends—might experience
signed HR 21 67 – “The Reverse
has accrued in their homes at a higher levels of default in the
14
N o v / D ec 2 0 1 3
Mortgage Stabilization Act of
201 3” – giving FHA the
authority to make necessary
changes to the HECM program
– reducing our risk and making
the program easier for seniors
to use responsibly. As a result,
yesterday FHA was able to
issue a Mortgagee Letter
making some critical, structural
changes to the HECM program.
will limit the amount of
1 FHA
money that can be drawn at
closing, as well as
subsequent draws during
the first 1 2 months, which
will help seniors make more
responsible financial
choices, preserving
sufficient funds over the life
of the loan.
Using our existing authority,
FHA will also issue new
Principal Limit Factor Tables
loan approval so that
borrowers demonstrate their and increase initial mortgage
insurance premiums on
ability to meet all their
disbursements, to more
housing obligations, like
appropriately price for risk
taxes, insurance, and
associated with these loans.
maintenance. This will
reduce default rates and
make sure that these loans These changes will improve the
future performance of the Fund,
are a sustainable solution
and help preserve a program
for seniors.
that allows seniors to remain
productive,
vital members of
FHA
will
require
set
asides
3 for payment of property
their communities. Most
taxes and insurance out of importantly, these changes
mean that seniors who choose
line of the credit or
HECM will be set up for
tenure/term payments for
some borrowers, based on financial success. And
whenever we reduce risk to the
the results of the financial
fund while making it easier for
assessment.
borrowers to make responsible
financial choices – we all win.
will institute a financial
2 FHA
assessment before granting
www. ro g u eval l eyreal to rs. o rg
15
I n stal l ati on Lu n ch eon
I n stal l ati on Lu n ch eon
Our veterans accepted the responsibility to defend America and uphold our values when
duty called.
Bill Shuster
18
N o v / D ec 2 0 1 3
Jackson County
www. ro g u eval l eyreal to rs. o rg
19
In valor there is hope.
Publius Cornelius Tacitus
20
N o v / D ec 2 0 1 3
Josephine County
www. ro g u eval l eyreal to rs. o rg
21
As we express our gratitude, we must never forget that the highest appreciation is not to
utter words, but to live by them.
John Fitzgerald Kennedy
Our Affiliates
AAA Oregon / Idaho
Evergreen Home Loans
1 777 E. Barnett Rd.
Medford, OR 97504
541 779 71 71
janice.jenks@aaaoregon.com
3200 Hillcrest Park Dr.
Medford, OR 97504
541 779 6591
mshields@evergreenhomeloans.com
American Family Insurance /
Zach Bartlett
First American Title
663 A St.
Ashland, OR 97520
541 488 0301
zbartlet@amfam.com
Amerititle
1 501 E. McAndrews Rd
Medford, OR 97501
541 779 7660
ken@ameri-title.com
Banc Home thLoans
1 580-A NE 7 St.
Grants Pass, OR 97526
541 471 4439
kpowell@mhmb.com
Chase
81 E. Stewart Ave.
Medford, OR 97501
503 550 8462
edward.hillison@chase.com
1 225 Crater Lake Ave., Ste 1 01
Medford, OR 97504
541 779 7250
Home Builders Association
1 006 E. Jackson St.
Medford, OR 97504
541 773 2872
carloshbajc@aol.com
IMortgage
3389 Crater Lake Hwy
Medford, OR 97504
541 646 3020
mike.towery@imortgage.com
Mortgage Express
3262 Hillcrest Park Dr.
Medford, OR 97223
541 245 4521
sboughton@mtgxps.com
Move2Oregon.com
3350 1 /2 W. Main St
Dave's Carpet and Vinyl Liquid Medford, OR 97501
1 71 Ehrman Way
Medford, OR 97501
541 779 2922
dhibbard3@yahoo.com
Envoy Mortgage
2587 Whittle Ave.
Medford, OR 97504
541 772 9900
ctroy@envoymortgage.com
Evergreen Federal Bank
541 773 5744
office@move2oregon.com
North Pacific Financial Corp
1 322 E. McAndrews Rd., Ste 201
Medford, OR 97504
541 770 2727
jbeard@npfcnet.com
Pacific Residential Mortgage
502 W. Main St., Ste 1 03
Medford, OR 97501
541 773 31 31
kevin.beard@pacresmortgage.com
501 Crater Lake Ave.
Medford, OR 97501
541 779 1 1 65
afrancis@evergreenbanking.com Par Mortgage Inc
33 N. 1 st St.
Ashland, OR 97520
541 482 5886
teeitup@mind.net
22
People's Bank of Commerce
1 31 1 E. Barnett Rd
Medford, OR 97504
541 61 8 3320
pamw@peoplesbankofcommer
ce.com
Premier West Mortgage
1 455 E. McAndrews Rd.
Medford, OR 97504
541 944 6987
jeff.case@premierwestbank.com
Rogue Federal Credit Union
1 370 Center Dr.
Medford, OR 97501
541 858 7330
lchadick@roguefcu.org
Sterling Savings Home Loan Div
1 220 Corona Ave
Medford, OR 97504
541 608 1 801
judi.robinson@sterlingsavings.com
Ticor Title
1 555 E. McAndrews Rd., Ste 1 01
Medford, OR 97504
541 779 281 1
Umpqua thBank, Medford
220 E. 1 0 St
Medford, OR 97501
541 61 8 6730
davidsprague@umpquabank.com
Valley Mortgage Group
331 Crater Lake Ave
Medford, OR 97504
541 842 5606
brian.case@wvbk.com
Wells Fargo Home Mortgage
81 4 E. Jackson St., Ste C
Medford, OR 97504
541 779 1 545
monte.b.herzog@wellsfargo.com
N o v / D ec 2 0 1 3
L e a d e rs h i p
RVAR President
SOMLS President
SOMLS Treasurer
RVAR President Elect
SOMLS President Elect
SOMLS Past President
RVAR Past President
SOMLS Vice President
Barbara Brown
barbarabrown@windermere.com
Patrick Iler
patrick@ilerrealestate.com
Don Livingood
donlivingood@gmail.com
Calendar
Monday
David Wright
dwright@commercialpm.com
Scott Lewis
scott@888heyscott.com
Pam Lorange
pamlorange@gmail.com
Adam Bogle
adam@agentinakilt.com
David Rasmussen
rasappser@earthlink.net
Tuesday
Wednesday
Thursday
Friday
Check www.roguevalleyrealtors.org for the most up to date
information on classes and events.
Holiday Office Closures
Thanksgiving
Josephine County Office
Closing: Nov 27 at 1 2pm
Closed: Nov 28 & 29
Reopen: Dec 2 at 8am
Jackson County Office
Christmas
Both Offices
Closing: Dec 24 at 1 2pm
Closed: Dec 25
Reopen: Dec 26 at 8am
New Years
Both Offices
Closing: Dec 31 at 1 2pm
Closed: Jan 1
Reopen: Jan 2 at 8am
Closed: Nov 28 & 29
Reopen: Dec 2 at 8am
RVAR/SOMLS Staff
Executive Officer
Tina Grimes
tina@roguevalleyrealtors.org
Technology Officer
Josephine Cty Office Administrator
Loran Hughes
Nancy Pipitone
loran@roguevalleyrealtors.org nancy@roguevalleyrealtors.org
Executive Assistant
Member & MLS Services
Education Ccoordinator
Jamie Patterson
Kim Robinson
Lance Carroll
jamie@roguevalleyrealtors.org
kim@roguevalleyrealtors.org
lance@roguevalleyrealtors.org
Make sure your staff email addresses are current as they
changed in August.
www. ro g u eval l eyreal to rs. o rg
Bookkeeper
Brooke Simon
brooke@roguevalleyrealtors.org
23
M i s s i o n S ta te m e n t
The Rogue Valley Association of REALTORS® (RVAR) protects and promotes the business interests
of its membership through: development and delivery of programs, products and services designed
to elevate members’ competence, professionalism and ethical standards; preserving the right to
own, transfer and reasonably use real property; and enhancing the image of our members in the
communities served.
The Southern Oregon Multiple Listing Service provides timely, accurate data and innovative tools
that assist REALTORS® in delivering trusted, high quality services to real estate consumers.
Jackson County Office
629 Franquette St
Medford, OR 97501
Tel: 541 770 7060
Fax: 541 770 71 1 1
Josephine County Office
www.roguevalleyrealtors.org
900 SE 8 th St
Grants Pass, OR 97526
Tel: 541 41 4 1 505
Fax: 541 770 71 1 1
We Know Southern Oregon
©201 3 Rogue Valley Association of REALTORS®, Inc