April Newsletter - Capital Area Association of REALTORS
Transcription
April Newsletter - Capital Area Association of REALTORS
REALTOR® REVIEW Volume 20, Edition 223 December 2014 2015 Awards Program Wrap-up At its Annual Awards Program on March 26, 2015, held at Illini Country Club, with 125 people in attendance, the Capital Area REALTORS® honored certain individuals for their contributions to the real estate industry and community. Award recipients included Todd Musso (Wrightsman-Musso, Ltd.) who was named 2015 REALTOR® of the Year, Lisa Ernst (The Real Estate Group) received the Community Service Award, John Klemm (Sangamon Realty) Nick Musso (Wrightsman-Musso, Ltd.) and Fritz Pfister (RE/MAX Professionals) all received the Hall of Fame Award. Pat Quigley (Town & Country Banc Mortgage Services, Inc.) received the Affiliate of the Year Award and Anthony Buscher (The Real Estate Group) received the Rising Star Award. The theme for this event was "Spring Up" was a take-off on the popular board game "Heads Up". Attendees enjoyed three mini-rounds of the Capital Area REALTORS® very own version of this game. Jacksonville Celebrates a Decade This past March marked the 10th Anniversary of the addition of the Jacksonville Area Association of REALTORS® (JAAR) MLS to the Capital Area REALTORS® (CAR) MLS. By all accounts the merged data base has been a success providing wider access to relevant market information for both JAAR and CAR members. While business practices and customs may vary a bit between our two marketplaces there is no question that the consumer was a major benefactor of this. At the same time, this consolidation was a huge benefit to practitioners as well providing greater efficiency and access to better MLS related products and services for both organizations. Throughout these past ten years JAAR has been served by a representative on the MLS Committee to ensure that their voice and their perspective is heard. Today, the JAAR representative serving on the MLS Committee is Luke Worrell, Worrell Land Services, Inc. Ten years ago, that individual was then JAAR President Bob Chipman, Chipman REALTORS® and Appraisers. Coincidentally, ten years later the JAAR President is once again Bob Chipman. Speaking on behalf of the leadership and staff of CAR it has been a pleasure working together with our friends in Jacksonville. In This Issue News & Notes, pp. 2-7 Professional Development, p. 7 Technology/MLS Corner, p. 8 Governmental Affairs, p. 11-12 CREN, p. 12 Affiliate Corner, p. 13 Membership, p. 15 Capital Area REALTORS® MISSION The Capital Area Association of REALTORS® helps its members maintain the highest standards of professionalism and achieve the highest levels of success. NOTICE Under the long established policy of the Capital Area Association of REALTORS®, IAR and NAR: 1. The broker’s compensation for services rendered in respect to any listing is solely a matter of negotiation between the broker and the client, and is not fixed, controlled, recommended, or maintained by any persons not a party to the listing agreement. 2. The compensation paid by a listing broker to a cooperating broker in respect to any listing is established by the listing broker and is not fixed, controlled, recommended or maintained by any persons other than the listing broker. REALTOR® REVIEW NEWS & NOTES "Pets Need Homes Too" Wrap Up and Photos CAR's Community Service Committee hosted a very successful Trivia Night on April 10th to benefit The "Friends of Sangamon County Animal Control". Attendance was a record high with 26 tables and approximately 270 attendees. While some expenses are still coming in, preliminary estimates indicate that CAR raised as much as $12,000. Thank you to all who came and contributed to this event. Special thanks to Rod Kashmer and Greg and Kristie DeBrun for conducting the trivia portion, MT Vann for her auction services, Kathy Nichelson and the many Committee members who put in countless hours on this project and attendees. Also, thank you to the many generous donors. All proceeds from this event will be donated to "Friends of Sangamon County Animal Control" which is CAR's 2015 charity of choice. View additional photos on CAR’s website. OFFICERS President Michael Buscher, CRB, GRI President Elect Kristie DeBrun, GREEN, GRI, SFR Secretary/Treasurer John Klemm DIRECTORS Kaye Brittin, ABR, GRI Stephen Daly Stephanie Do, GRI Kimberly Elliott, CRS, GRI Lisa Ernst, GRI Sandra Hamilton, GRI Gary Harvey, GRI Kevin Jarvis, SRES Galen Johnson, CRS, GRI Cris Lust Steve D. Myers Michael Oldenettel, CRS, GRI Debra Sarsany, GRI Chief Executive Officer Daniel R. Sale, CAE, RCE, e-PRO 2 REALTOR® REVIEW News & Notes - (Continued from page 2) CAR Salutes 2015 Leadership Academy Graduates In 2010 the Capital Area REALTORS® established a leadership development program known as the CAR Leadership Academy. This unique educational opportunity is not only about making better REALTORS®, it is also about building our community and becoming successful leaders throughout life! This year’s Leadership Training Academy, which began in January 0f 2015 and concluded in March consisted of five half-day modules covering topic areas such as: Governmental Affairs & Advocacy; Public Speaking & Communications; Leadership Development; and, Association Governance & Management. The below individuals were recognized at the CAR Annual Awards program and received a certificate of completion from President Mike Buscher and Work Group Chair Stepheni Ferguson. Congratulations to all of the graduates. 2015 Leadership Academy Graduates (left to right:) Patrick Selinger The Real Estate Group Trent Peterman Diamond Residential Mortgage Janet Trader Zelle Title Company Kaye Brittin RE/MAX Professionals Jake Mabus The Agency Real Estate Lisa LaRue RE/MAX Professionals Tim Kearney B-Safe Home Inspection Service Dominic Campo Campo Real Estate Brittany Merold Hometown Realty Sonia Tankersley The Real Estate Group If you are interested in enhancing your leadership skills we encourage you to become a candidate to participate in the 2016 CAR Leadership Academy please contact Dan Sale or any of the Work Group members listed on in the sidebar for more information. 3 Thank you to 2015 Leadership Academy Work Group Members In addition to recognizing our Leadership Academy Graduates we would also like to take a moment to recognize and thank the Work Group members that put this great program together. They are: Mitzi Brandenburg, Julie Davis, Natalie Dodson, Stepheni Ferguson, Mike Finley, Galen Johnson, Dana Lyons, Cris Lust, Susan Madison, Neil Malone, Steve Myers, Dan Sale, Deb Sarsany, Tracy Shaw and Paul Smay. REALTOR® REVIEW News & Notes - (Continued from page 3) Celebrate Fair Housing 20, 25 & 30 & 40 Year Members Recognized 20 Year Member Sheryl Brache Brenda Cumming Nancy Draper Rick Duffy David Grady Rebecca Hendricks Malia Hepburn Thomas Janssen Connie Kennedy Nancy Kotowski Jeff Lochbaum Ann Martin Thomas Minor Michael Niehaus Malinda Ratliff Melissa Vorreyer 25 Year Member Kathy Badger Jan Brewer Judy Burgess Carol Copelin Thomas Froelich Doug Hardin Barry Taft 30 Year Member Michael Call Brian Smith 50 Year Member Philip Spengler April 2015 marks the 47th anniversary of the 1968 landmark Fair Housing Act. Each year REALTORS® recognize the significance of this event and reconfirm our commitment to upholding fair housing law as well as our commitment to offering equal professional service to all in their search for real property. The Fair Housing Act prohibits discrimination based on race, color, religion, sex, national origin, disability, or familial status of those seeking housing. Fair housing laws were established to provide and protect the rights of homeowners through the purchase, sale, rental, lease, financing, insuring, and advertising of housing. The Capital Area REALTORS® pledges to uphold the spirit and letter of the law through programs, activities, and training designed to promote and further equal opportunity for all. For additional information, resources, and ways you can celebrate Fair Housing Month, visit www.REALTOR.org. CAR Names 2015 Award Recipients At its Annual Awards Program held March 26, 2015 the Capital Area REALTORS® honored certain individuals for their contributions to the real estate industry and community. Todd Musso, GRI, SFR was selected by his peers as the 2015 REALTOR® OF THE YEAR. This cherished award is presented annually to a REALTOR® who is faithful to the principles of organized real estate, real estate laws and regulations of the organization; sets an example of sound real estate practices; promotes cooperation among fellow REALTORS®; and, has an outstanding interest in civic and community affairs. Mr. Musso joined the organization in 2005 and is Manging 2015 REALTOR® of the Year & Past President Todd Musso and Past President Broker for Wrightsman-Musso, Ltd. in Don Cave who presented him with the award Virden. A second generation REAL-TOR®, Musso is a graduate of the CAR Leadership Academy and has served on a number of CAR's committees including, chairman of New Member Forum, Finance, Executive and Nominating Committees. Musso served as CAR's president in 2011. Musso is a Major Investor in RPAC, and has been active in the Illinois Association of REALTORS® serving on a number of committees as well. 4 REALTOR® REVIEW News & Notes - (Continued from page 4) CAR Names 2015… (Continued from page 4) The REALTOR® COMMUNITY SERVICE AWARD is given to recognize an individual who has made outstanding service contributions to the community. This award was presented to Lisa Ernst, GRI who has been a member of the organization since 2004 and is currently a broker with the Real Estate Group. Ernst is a graduate of CAR's Leadership Academy and has served for a decade on its Community Service Committee which she currently chairs. Ernst has also served on numerous other Committees including the Board of 2015 Community Directors. Service Award The RISING STAR AWARD was presented to Anthony Buscher who is a broker affiliated with The Real Estate Group. Buscher joined the association in 2011 and is a graduate of the CAR Leadership Academy. The coveted HALL OF FAME AWARD is given only to REALTORS® with a history of community service, moral and social integrity, high professional standards a minimum of 50 years of age and a minimum of 20 years exemplary service to the Capital Area REALTORS®. This year the award was presented to Nick Musso, Fritz Pfister and John Klemm. Recipient Lisa Ernst 2015 Rising Star Award Recipient Anthony Buscher & presenter Jane Hay Nick Musso, GRI has been a member of CAR since 1993, holds the GRI Designation and is Broker-Owner of Wrightsman-Musso, Ltd. in Virden. Over the years, Musso has participated on the Board of Directors and various other committees having also chaired the Professional Standards Committee. Fritz Pfister, GRI has been a member of the organization since 1987, is a broker affiliated with RE/MAX Professionals and holds the GRI Designation. Over the years, Pfister has participated on various committees including the CAR Board of Directors. John Klemm joined the association in 1977 and is the owner and Managing Broker of Sangamon Realty. Among his contributions to the association Klemm has served on the REALTOR® and Developer Committee for several years having chaired this Committee, chairman of the Government Affairs Committee, Finance Committee, member of the Board of Directors and serves as Secretary-Treasurer of the organization. 2015 Hall of Fame Award Recipients John Klemm, Nick Musso & Fritz Pfister (Continued on page 6) 5 Member Appreciation Week (June 23 & 24) The Marketing & Member Services Committee of CAAR extends an invitation to all CAAR Members to join them at the association office for Member Appreciation Week on June 23rd & 24th between 11:00-2:00 p.m. Additional details will be forthcoming. Past-president's Luncheon (June 25th) As part of the Member Appreciation Week festivities, on Thursday, June 25th, CAR will be holding its Fifth Annual Past-President’s Luncheon in honor of CAR’s past-president’s. REALTOR® REVIEW News & Notes - (Continued from page 5) Recognition of New Designees GRI Designation Tracy Shaw GRI Course 2 Dominic Campo ABR Designation John Kerstein SRS Designation Sudi Blood Mitzi Brandenburg Kaye Brittin Nicholas Campo Gail Chevalier Zini Philip Chiles Lorri Conn Bernard Curvey Joseph Curvey Kristie DeBrun Jane Hay Galen Johnson Kassie Kern Furman Cheryl Lawrence Lori Luster Ki McCurley Chuck Sattler Dawn Stremsterfer Gary VanHise Caron Yates The AFFILIATE OF THE YEAR AWARD was presented to Pat Quigley. Quigley has been an Affiliate member of the organization since 1990 and has served on a vareity of committees including chairman of the REALTOR® and Affiliate Committee. Quigley is employed as a loan officer with Town & Country Banc Mortgage Services, Inc. Finally, REALTOR® Emeritus Phil Spengler Managing Broker of Wanless-Spengler was recongized for having been a member of the organization for 50 years. 2015 Affiliate of the Year Recipient Patrick Quigley & CAR Recognizes WICS-TV 20's Liz Foster For those of you that aren’t aware, since the inception of our six module Leadership Academy, five years ago, Liz Foster has been a mainstay and huge contributor to the program. Ms. Foster has helped us out immeasurably by participating in the communications module. She has been 2015 Affiliate of the Year Recipient extremely generous with her time, usually Patrick Quigley & presenter Steve Contri spending no less than 2 hours with each class of candidates. She has generously shared her knowledge and insight on working effectively with the media. She has shared helpful tips on how to prepare for media interviews, what to say and what not to say, proper posture and tips on maintaining a good rapport with the media. Her session, which includes a mock interview, is a perennial favorite of our participants. Unfortunately, Ms. Foster has accepted a new position as an anchor/ reporter in Charlotte, NC. which has caused Liz Foster with President Mike Buscher her to relocate. However, this is a great opportunity that will allow her to be closer to her family. Liz and her husband Justin were invited guests at the Annual Awards program held on March 26, 2015. It was at this event that President Mike Buscher and CEO Dan Sale thanked her and recognized her on behalf of CAR for her wonderful contribution to the Leadership Academy. To assist in the presentation of this special recognition President Buscher called all past graduates of the Leadership Academy to come forward. An impressive 25 individuals, or nearly half of all graduates, were in attendance and participated in the presentation. As a token of our appreciation, Ms. Foster was provided with a beautiful crystal recognition award. 6 REALTOR® REVIEW News & Notes - (Continued from page 6) Blast from the Past We hope you enjoy this month's picture from our association's archives. This month's featured picture is a news article _________. If you have an old picture or comment about a picture please share with us. CAR 52nd Annual Summer Outing "Par Tee With CAR!" PROFESSIONAL DEVELOPMENT West Central Chapter News Contracts Training - April 27th & 28th The West Central Chapter members are invited to attend a FREE halfday Contracts Workshop (April 27th or 28th) to be taught by popular real estate educator Kerry Kidwell. This workshop will assist attendees in familiarizing themselves with the verbiage and intent of CAR’s real estate contracts. This workshop will focus specifically on the residential listing agreement, purchase contract and related addendums. Mr. Kidwell teaches the Contracts module of CAR’s New Member Orientation so he is very familiar with these forms. This course is NOT approved for CE credit. A SentriLock Smartphone App training session will also be offered. There is no cost to attend but advanced registration is required by April 22, 2015. See attached flyer for registration details. 7 The Social Committee will be hosting CAAR's 52nd Annual Golf Outing on June 8th at Edgewood Golf Club in Auburn again this year. The theme for this year's event is "Par Tee With CAR!". Registration form will be available soon. Questions regarding sponsorship opportunities can be directed to Kathy Nichelson at 217.698.7000 or knichelson@caaronline.c om. Please note that the Association office will close at noon on this day. REALTOR® REVIEW TECHNOLOGY/MLS CORNER SentriLock Tip Six Easy Steps to Follow When Placing a Lockbox on your Listing! ListHub Workshop ListHub will be offering two presentations on Thursday, April 23. The Managing Broker workshop will be 9:30-10:30 am and the Broker workshop will be 11:00 a.m. -12:00 p.m. They will be sharing the following important new information, including: A new interactive reporting dashboard New presentation content to dive deeper into syndication best practices More detailed instructions about the ListHub dashboard to help your members take advantage of the free tools available Ability to add new home content to a broker's website Upcoming Technology Training Please look for the new Spring Technology Training scheduled which will be released next week! Once the schedule is released you will be able to download a printable version at: http://www.seehouses.com/MemberPortal/MLS/ TechnologyTrainingSchedule.aspx. InnoVia Tip New Photo Viewer Now Available Our MLS vendor is proud to deliver their new photo viewer to your InnoVia system. This new feature will enable to you to click on the main photo from almost any display in InnoVia to bring up a large sized photo viewer. These photos are using the new large image size that were implemented a few weeks ago so you will notice the new listings will look better than the older listings. You may want to consider up-loading new larger photos to take full advantage of this new feature. In the coming months, this new photo viewer will be available in your prospect carts as well. 8 REALTOR® REVIEW 7 Strategies Short on Inventory? Try This. Check out these strategies for building more listing inventory. Written by Larry Kendall, chairman emeritus of The Group, Inc. and author of Ninja Selling Are you experiencing a listing inventory shortage? Most markets around the country are out of balance, with more buyers than sellers. In some markets, the shortage has led to multiple offers and near panic by both buyers and real estate professionals. As a leader, what are your strategies to help your people? Here are seven strategies that have helped us find and create inventory in this market. 1. Look under the bridge. With today’s computer searches, most real estate professionals (and buyers) search in $25,000 to $100,000 increments. For example, they look for a house priced between $250,000 and $300,000 or from $300,000 to $350,000. In this case, the pricing bridge is $300,000. A house priced at $300,000 will catch both searches and receives 28 percent more showings than a house priced just under the bridge at $299,000. Many real estate professionals still price with a retail mindset at $299,000 or $299,500 rather than a computer search mindset. A study in our market showed that 12 to 24 percent of all homes were priced right under the bridge. Want to find more inventory? Look under the bridge. 2. Drive until you qualify or until you find it. Inventory tends to be the shortest in the core areas. Buyers (and real estate professionals) who are willing to drive to the outlying areas may find more inventory at lower prices. 3. Hold a modern open house. What do we mean by a modern open house? This is the new, Internet-prompted open house. Here’s the buying pattern: approximately 90 percent of buyers search online. If they see something they like, about 74 percent will drive by it. If they like the neighborhood and the outside, then 63 percent will find a way to go inside. Their preferred method? An open house. These open house visitors are self-pre-qualified via the Internet and a drive by. Sixty-five percent of them have a house to sell. Hold open houses to find sellers as well as buyers. (Continued on next page) 9 REALTOR® REVIEW 7 Strategies… (Continued from previous page) Short on Inventory? Try This. 4. Contact out-of-town owners. During the great recession, many sellers couldn’t sell but had to move on with their lives, thus leaving their houses behind. They rented their houses and moved to a new area. Target a neighborhood and work with a title company to help identify the out-of-town owners. There is often a difference in the property address and where the tax notice is mailed. Develop a postcard-mailing program to these owners. 5. Focus on new construction. During the great recession, there was virtually no new construction, so we got out of the habit of selling it. Refocus on this area as the builders start a comeback. 6. Build hot and warm Lists. Help your people develop hot and warm lists. Hot lists are people who want to buy or sell within the next 90 days. Warm lists are people who want to buy or sell within the next year, but may not know they want to buy or sell. (You know they want to buy/sell because you’re observing the changes in their lives, such as divorce, empty nest, etc.) Encourage your people to share their lists. These hot/warm lists become an alternative MLS and a great source of listings. 7. Bump up your real estate reviews. Help your team develop an annual real estate review or check-up program for all your clients. Just as clients meet with their accountants or doctors once a year, offer them the opportunity to sit down and evaluate their real estate holdings. This is not a disguised listing appointment. It is a service that you provide. An evaluation of real estate review conducted by those real estate professionals in the Ninja Selling coaching program in 2014 showed that a listing, sale, or referral resulted 43 percent of the time when they had a face-to-face review with clients. Help your team follow these seven strategies, and you will find and create more inventory. The result for our firm has been to outperform the market on listings each of the past three years. With the listings dropping by double-digit percentages each year in our market, we’ve been able to increase or maintain our listing inventory each year using these strategies. As we say in Ninja Selling, T.S.W.—This Stuff Works! This article originally appeared in the April 2015 issue of the REAL Trends Newsletter and is reprinted with permission of REAL Trends Inc. Copyright 2015. 10 REALTOR® REVIEW GOVERNMENTAL AFFAIRS Governmental Affairs Update By Neil Malone, Governmental Affairs Director Local Elections Lead to Big Changes Big changes are in store for Springfield local government. A new Mayor, a new City Treasurer and a new City Clerk will all be sworn in next month. This will mean a complete change in all three of the citywide offices. While results remain “unofficial” until certified by the election authority, here are some preliminary results. In the race for Mayor, former City Treasurer Jim Langfelder cruised to a convincing victory over Sangamon County Auditor Paul Palazzolo, 55%-45%. Langfelder will replace current Mayor Mike Houston, who finished third in the February Primary Election, and therefore did not advance to the General Election. In a bid to replace Langfelder as City Treasurer, CAR Affiliate Member and political newcomer Misty Buscher ran an impressive campaign. Buscher outpaced long-time Alderman and former Mayor Frank Edwards by a margin of 56%44%. She was supported by the REALTORS® Political Action Committee (RPAC). Her winning percentage was the highest among citywide candidates. In the contest for City Clerk, former Alderman Frank Lesko narrowly defeated Deputy Clerk Rianne Hawkins, 51%-49%. In City Council races, six of the ten wards will be represented by new people. Two Alderman ran unopposed for re-election. Alderman Doris Turner (3rd) and Alderman Cory Jobe (6th) will continue to represent their respective wards. Two other incumbent Aldermen fended off challengers. In Ward 7, Alderman Joe McMenamin (43%) won a three-way contest over Sarah Delano Pavlik (31%) and Michael Higgins (26%). In Ward 8, Alderman Kris Theilen decisively beat Ernie Slottag, 57%-43%. A former Alderman, won his election and will represent a new ward. Chuck Redpath bested T. Ray McJunkins by a margin of 75%-25% and will replace Frank Edwards in Ward 1. Redpath formerly represented another ward before moving to Ward 1. In Ward 2, Herman Senor topped Teresa Haley 53%-47%, and will replace Gail Simpson. Replacing Frank Lesko in Ward 4 will be John Fulgenzi, who took 47% over Scott McFarland with 29% and Dave Varner with 24%. In the two remaining open seats, two REALTORS® ran strong campaigns but came up a little short. REALTOR® Tony Smarjesse lost his race by a razor-thin margin of only 50 votes to Jim Donelan, the former Executive Assistant to Mayor Tim Davlin. REALTOR® Phil Chiles was unsuccessful in his race against Ralph Hanauer. Both Smarjesse and Chiles were also supported by RPAC. Finally, one incumbent Alderman lost his seat to a challenger. In Ward 5, Andrew Proctor soundly defeated current Alderman Sam Cahnman by a margin of 58%-42%. The new Council, along with the Mayor, Treasurer, and Clerk will be installed next month after the election is certified. 11 REALTOR® REVIEW COMMERCIAL REAL ESTATE NETWORK CREN Sponsors CREN to Sponsor State of the City Luncheon April 30th The Annual State of the City Luncheon, featuring Mayor J. Michael Houston, will be held on Wednesday, April 30th. The event begins promptly at 11:30 a.m. and is slated to adjourn by 12:45 p.m. Look for additional details in the near future. Download flyer here. April CREN Luncheon The next CREN Luncheon is scheduled for April 21, 2015 with Dana Lyons (The Title Center) and Eric Campbell (Chicago Title), as guest speakers. Special thanks to CEFCU our sponsor for the luncheon. To RSVP email admin@caaronline.com or call 217-698-7000. Governmental Affairs - (Continued from page 9) IAR Capitol Conference Wrap Up and Photos About 20 Capital Area REALTORS participated in this IAR’s Annual Capitol Conference on April 14th. After receiving a legislative briefing at the Springfield Hilton CAR members converged on the state capitol to meet with our legislative delegation to talk about the state budget and proposed legislation pertaining to mandatory video sewer inspection, municipal land banking proposals, condo foreclosure matters and a host of onerous owner-tenant issues. Members and legislators attended a reception following. (Left to right: Trent Peterman, Gina Wolter, Steve Myers, Kristie DeBrun, John Klemm, Stephanie Do, Sonia Tankersley, Domonic Campo, Dana Hudson, Tim Kearney, Brittany Merold and Pat Selinger. 12 (Left to right: West Central Chapter members—Jackie Turner, Karen Benjamin, Chris Pepmeyer, Chapter President Stephen Daly and CAR President-elect Kristie DeBrun REALTOR® REVIEW AFFILIATE CORNER Say Goodbye to the HUD1! What to Expect from the New Closing Disclosure Changes in Lending Regulations CAR Sponsors Diamond Join the REALTOR® and Affiliate Committee April 28th at 9:00 a.m. for a Hot Topic where you will learn about extensive changes coming to financed real estate transactions. The Consumer Financial Protection Bureau (CFPB) has come up with a set of new rules that will change not only the settlement statement but also the way the settlement process works when a lender is involved in a transaction. Many of the current disclosures are going to be consolidated into one final “closing disclosure” that is five pages total and replaces our current HUD. The closing disclosure contains many bank disclosures, including the truth in lending, and has a significantly changed presentation of closing information. All loan applications taken on or after August 1st will be subject to the new rules and regulations so please join our Hot Topic for a brief explanation of the changes to your real estate transactions and a review of the new closing disclosure. Our speakers will be Dana Dow, Town and Country Banc Mortgage Services, Inc. and Dana Lyons, Illinois Real Estate Title Center will give attendees a preliminary glance at the changes to be implemented in August 2015. The program will cover the new closing disclosure and loan estimate. For a comparison of the differences go to: http://www.consumerfinance.gov/knowbeforeyouowe/compare/. To RSVP email admin@caaronline.com or call 217-698-7000. Gold Silver Break-for-Hot-Topic 2015 Program Schedule The REALTOR® and Affiliate Committee is busy preparing an information-packed offering of "Hot Topic" seminars for 2015. All of these events are held at the association office. Below is a tentative listing of dates and topic areas. March 18th (9a) Radon & the revised Radon Measurement Addendum April 28th (9a) Navigating New Regs to Lessen the Impact on Your Closings *June 23rd (11:30a) Steve Thomas *June 24th (11:30a) Social Media August 20th (9a) Those New Regs Revisited October 29th (9a) Landmarks Illinois * These programs will be held in conjunction with the Member Appreciation Week. SPONSOR CORNER This CAR "Sponsor Corner" section is available to all sponsors to promote an upcoming event one time per year. We are also happy to promote the event in our e-bulletin as well with a link to your event flyer/info. This is all subject to timing and it is suggested that for the best results you contact us a minimum of 45 days prior to your event. This will ensure that we can afford you the best possible exposure. "Promotion requests" should be sent to knichelson@caaronline.com. Please feel free to direct any questions regarding this to my attention or Kathy Nichelson's attention. 13 Bronze REALTOR® REVIEW MEMBERSHIP NOTES New Members The following individuals have been approved for membership in the Association, subject to completion of Orientation were applicable: Frequently Used Phone Numbers: Designated REALTORS® Dan Perez Whitetail Properties Real Estate, LLC Capital Area Association of REALTORS7: Phone: 217/698-7000 Fax: 217/698-7009 Websites: www.SeeHouses.com www.SeeBuildings.com REALTORS® Thomas Carter Jennifer Garvin Kyle Gehrs William Hawk Rachel Page Kennedy Real Estate, LLC Agency Real Estate Campo Realty, Inc. RE/MAX Professionals The Real Estate Group Full Affiliates Jon Garland-Sutter American Republic Insurance Services Local Affiliates Erika L. Bottoms William Rast Kasey Vandermeersch Chicago Title Insurance Co. (CAR Sponsor) Chicago Title Insurance Co. (CAR Sponsor) Illinois Real Estate Title Center Illinois Association of REALTORS7 Phone: 217/529-2600 Fax: 217/529-3904 REALTOR7 Store: 800/529-2696 Member Line: 800/752-3275 Website: www.illinoisrealtor.org National Association of REALTORS7 Phone: 312/329-8200 Fax: 312/329-8576 Website: www.realtor.org Transfers The Real Estate Group: Richard Teeter (from RE/MAX Professionals) Jump Start Your Career Be sure to save the dates and attend the IAR Spring Conference May 6-7, 2015 at the Gateway Center in Collinsville. This year's program "Jump Start Your Career" will feature Terry Watson and Joe Niego at the top of the billing. Take advantage of this great networking opportunity, earn 6 hours of continuing education and visit with the over 60 exhibitors. For more information go to www.illinoisrealtor.org/springconference. Office of Banks and Real Estate: Phone: 217/782-3414 SentriLock: Phone: 877/736-8745 support@sentrilock.com http://lockbox.sentrilock.com/ MarketLinx: Phone: 800/334-0831 14 REALTOR® REVIEW CALENDAR AT A GLANCE April 21 CREN Luncheon 11:30 23 Beginning InnoVia Training 9:00 ListHub Workshop Managing Brokers 9:30-10:30 Brokers 11:00-12:00 Social Committee 12:15 27 CAR Contracts Workshop 1:00-4:00 28 CAR Contracts Workshop 9:00-12:00 28 SentriLock Smartphone App Training 1:00-2:00 Break For Hot Topics 9:00 30 State of the City Luncheon 11:30 May 1 5 6-7 8 Governmental Affairs Committee 9:00 Community Service Committee 10:00 IAR Spring Conference MLS Committee 9:00 Finance/Exec Committees 10:30 11 Board of Directors 9:00 Merger Vote 11:00-1:00 12-15 NAR Mid-Year Meetings 19 CREN Luncheon 11:30 20 Members Services Committee 9:00 25 Memorial Day - Assoc Closed June 2 4 8 9 Governmental Affairs Committee 1:00 MLS Committee 9:00 Finance/Exec Committees 10:30 Golf Outing 11:00 Board of Directors 9:00 Capital Area REALTORS® 3149 Robbins Rd. Springfield, IL 62704 217.698.7000 Fax: 217.698.7009 ANNOUNCEMENTS The Association wishes to extend it's deep sympathies to the family of David Miller. David had been an David was an affiliate member of the Capital Area REALTORS® since 1996. He was a home inspector and owner of David G. Miller & Associates. The Association wishes to extend it's deep sympathy to REALTOR® Jo Whitlatch on the recent loss of her husband. Flexible Dues Pre-Payment Plan Now is the time to jump onboard with CAR's Flexible Dues Pre-Payment Plan. This program allows you to have the option of making payments toward your 2016 membership dues anytime throughout August 1, 2015 when it's most convenient for you. Contact Diane Ahem at 217.698.7000 or dahem@caaronline.com for more information. Newsletter Inserts Flyers referenced in this newsletter and listed below may be downloaded at http://www.seehouses.com/MemberPortal/ Calendar/EventFlyers.aspx Inserts April 28th Hot Topic CAR MONTHLY REPORT Single Family Residential Time Period Mar 14 Mar 15 YTD 14 YTD 15 Listings Processed 475 480 1,050 1,117 Units Sold 229 271 618 656 Dollar Volume 27,926,106 36,165,977 73,270,110 85,378,006 Ave. Sale Price 121,948 133,454 118,560 130,149 All Property Classes Time Period Mar 14 Mar 15 YTD 14 YTD 15 Listings Processed 549 592 1,278 1,421 Units Sold 259 297 665 730 Dollar Volume 37,518,797 40,942,027 85,456,876 110,073,354 www.SeeHouses.com 15