Willamette Association Of Realtors April 2009 Newsletter
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WAOR NEWS
2227 Santiam HWY SE Albany, OR 97322 Phone: 541-924-9267 Fax: 5419924-9268 Email: [email protected]
April 2009
Website: WAOR.org PRESIDENT’S CORNER
Inside this issue:
Linda Long
Spring is the time for spring cleaning and re-charging our batteries with sunshine. What better way to spring clean than to join ―The Big Pickup‖. On Saturday, May 16, 2009 The City of Albany and Allied Waste are sponsoring a community wide litter patrol called ―The Big Pickup‖ This is a great opportunity for us as REALTORS® to show our community support. We would like to have a team of volunteers to join the clean-up. Please notify Barb at the Association office 924-9267 or by email, [email protected] if you are interested in lending a hand to this worthwhile project.
WAOR NEWS GENERAL MEMBERSHIP MEETING WCR MEETING
2
Lunch & Learn
2
WVMLS Camera
2
The Big Pick Up
3
Also this month at our general membership meeting, April 21, 2009, we will be giving the REALTOR® of the Year award to a very deserving person. Come and see who it is !!!! Our speaker at this months general membership meeting is Gene Bentley, our Real Estate Commissioner for the State of Oregon. You don’t want to miss what he has to say.
2
OAR NEWS
Call Barb at 541-924-9267 or email her at [email protected] See page 3 for more information
Public Policy
4
HUD Update
4
OAR Classes
4
Tools You Can Use
5
Have a great spring! Linda Long
Linn and Benton County Maps
Are you looking for a great gift for your clients? The WAOR Office has a large supply of Linn and Benton County maps for sale. They are only $1.50 each For more information contact Barb at The WAOR Office Phone: 541-924-9267 Email: [email protected]
NAR NEWS Eye on The Hill
6
Free Online FHA Tool 7 Kit Free Business Plan
7
WAOR NEWS March General Membership Meeting
Page 2
WVMLS Virtual Tour Camera
April 21,2009 Adair Village Club House Cost $10.00 Time: 11:15 to 1:00 PM Gene Bentley
The WAOR Office now has a virtual tour camera in Albany. Courtesy of WVMLS you may stop by the WAOR office at 2227 Santiam Hwy, Albany, and check out the virtual tour camera for your listings.
Oregon Real Estate Agency
We would like to thank WVMLS for taking the time to
1 Credit Hour
provide this service at a convenient
RSVP by email before April 17, 2009
location for our Members
[email protected]
For more information contact
Or on our website
Barb at 541-924-9267
waor.org
WCR April Meeting
Lunch & Learn
April 23rd
April 9th
11:30 AM—1:00 PM
11:30 AM—1:00 PM
Allied Waste Boardroom
Corvallis Public Library
1214 Montgomery St. SE
645 NW Monroe
Albany, OR
Corvallis OR
Topic
Topic
Top Producer Broker Panel
Contact Servicing
Please RSVP
―thinking creatively to get transactions closed‖
Heidi Wills 541-704-3450
Hosted by Fidelity Title For more information contact Marnie @ 541-602-1557 Or Tammy @ 541-760-6689
Page 3
The Big Pickup: Albany Community Action Day
The City of Albany and Allied Waste are sponsoring a community-wide litter patrol on Saturday, May 16, 2009, coinciding with a neighborhood cleanup, the spring Down by the Riverside stream cleanup, and Allied Waste’s annual Recycling Roundup. The four events together make ―The Big Pickup: Albany Community Action Day.‖ We hope to make this an annual event involving the entire community. The Albany City Council is looking for groups, families, neighbors and individuals to grab trash bags and gloves and organize litter patrols throughout the city that Saturday from 8:00 a.m. to noon. All volunteers are invited to an appreciation lunch when work wraps up at noon. Volunteers are needed for the river and stream cleanup as well as for picking up litter, and we welcome suggestions for other projects that day to improve Albany’s appearance – landscaping a curbside planter strip, planting trees – you tell us what you’d like to do. If you want to form a litter patrol, we’ll provide a map of a part of Albany that needs to be picked up, and deliver trash bags and gloves to the site on the day of the cleanup. Let us know how many volunteers plan to help out so we can have enough supplies ready. We encourage participating groups to promote your good work by wearing shirts or buttons or other items that let passers-by know who you are. Sign up your group for litter patrol with Marilyn Smith at 541-917-7507 or Lynn Hinrichs, 541-917-3208. To help with Down by the Riverside, contact Heather Slocum at 541-791-0058. Let us know by Friday, April 17, 2009, the project you’d like to do and how many people will participate. Thanks for helping to pick up Albany!
Page 4
Newsletter Title OAR NEWS
Page 4
HUD UPDATE March 20, 2009 - 5th Edition
Public Policy Quorum Call Welcome to the fifth edition of the Oregon Association of REALTORS® 2009 Quorum Call. Quorum Call will be emailed out to REALTORS® throughout the 2009 Legislative Session to share with members current policy news from the Oregon State Capitol. Specifically, this will focus on legislative issues that directly impact your business and the real estate market. Stopping Private Transfer Taxes on Real Estate Last week, the Oregon REALTORS® pursuit of eliminating private transfer taxes cleared a significant hurdle unanimously passing the House Committee on Consumer Protection. At its most basic elements, the imposition of a private transfer tax allows a third party to collect a fee upon every purchase of a particular property, calculated as a percentage of the sale, far into the future. House Bill 2481, sponsored by Rep. Paul Holvey (D-Eugene), will protect potential buyers from the imposition of a new private transfer tax on the sale of real estate by eliminating the ability to impose private transfer taxes and fees.
HUD Update FHA HIKES LIMITS If you’re a mortgage lender, REALTOR®, homebuyer or homeowner in one of the Northwest’s high-cost housing markets including Portland, Eugene, Corvallis, Vancouver, Salem or Bend, the recently-enacted stimulus package – the American Recovery & Reinvestment Act of 2009 - has something very important to you – higher FHA mortgage insurance limits. The higher limits are in effect for loans for which credit is approved in calendar year 2009 and will remain in effect until December 31, 2009. The higher limits give homebuyers a larger inventory of homes from which to choose and give more homeowners in a volatile market the chance to refinance into, says HUD Secretary Donovan, FHA’s “safe, affordable mortgage products.” To find out if limits in your market have increased, visit http://takeaction.realtoractioncenter.com/ct/Ad v1Jen1cSRy/
OAR CLASSES
Oregon REALTORS® Save Like-Kind (1031) Exchanges
April 21, 2009
In a short period of time, Oregon REALTORS® exerted a tremendous amount of pressure in opposition to House Bill 2696 - close to 6,000 emails were sent to the members of the House of Representatives. This legislation would have caused like-kind (1031) exchanges to become a taxable event in Oregon. As you all know, like -kind (1031) exchanges are integral to the health of the real estate market, and are one of the most fundamental components of real estate investment.
Web Seminar
With your help, we successfully stopped House Bill 2696 and saved like-kind (1031) exchanges!
Real Estate Myths & Superstitions, Part I Click here for registration form Click here to register online
April 28-May 1, 2009 Spring GRI (REALTOR® Institute) The Riverhouse, Bend Click here for registration form Click here to register online
TOOLS YOU CAN USE
Page 5
REALTOR TV What is this? REALTOR® TV is an exciting initiative developed by NAR’s REALTOR® magazine and REALTOR.org staff. It allows members and site visitors quick access all of NAR’s current videos in one prominent place on REALTOR.org. It also provides a channel through which members can easily submit their own videos for publication on the site - free. By accepting member-generated videos, REALTOR® TV will provide members a way to connect with one another and with NAR in a new way, promote their community service efforts, and share important business tools and tips for our REALTOR® members. Click TV to visit REALTOR TV
NEW eBooks AT NAR
Diversity Toolkit
Download the entire Diversity Toolkit (PDF: 1.9M), or visit the links below to read or download each
Welcome to the Virtual Library eBooks Collection – a digital library created especially for REALTORS®. Check out Adobe and Mobipocket eBooks for use on your PC and handheld devices, or listen-on-the-go with digital audio books. Ready to begin? Use our Quick Start Guide.
section individually. Why a Diversity Program? (PDF: 176K) Reasons for putting a diversity program at the top of your association's priority list. The National Association of REALTORS®'s Diversity in Leadership Initiative (PDF: 54K) Recruiting for Diversity (PDF: 43K) Ways to Make the REALTOR® Governance Process More Inclusive (PDF: 114K)
Page 6
NAR NEWS Free Online FHA Toolkit
Every REALTOR® who wants to sell more homes will benefit from the free, online FHA Toolkit available below. Click on the links -- and start learning all there is to know to help clients find the FHA-insured loans they need.
Video FAQs Three authorities on FHA and its loan products respond to the most frequently asked questions from REALTORS®. View the video >
Come Home to FHA: How FHA Helps REALTORS® Sell Homes (PDF: 2090KB) Detailed look at one- to four-family homes, condo units, ARMs, manufactured homes and more.
FHA Basics A narrated slide show presents key points of each major FHA-insured loan program and who benefits from each. View the presentation > (PowerPoint: 71,544KB)
Charles McMillan, 2009 President of NAR, introduces this new member benefit, "Come Home to FHA." View the video >
Click here
Page 7
2227 Santiam HWY SE Albany, OR 97322 Phone: 541-924-9267 Fax: 5419924-9268 Email: [email protected]
April 2009
Website: WAOR.org PRESIDENT’S CORNER
Inside this issue:
Linda Long
Spring is the time for spring cleaning and re-charging our batteries with sunshine. What better way to spring clean than to join ―The Big Pickup‖. On Saturday, May 16, 2009 The City of Albany and Allied Waste are sponsoring a community wide litter patrol called ―The Big Pickup‖ This is a great opportunity for us as REALTORS® to show our community support. We would like to have a team of volunteers to join the clean-up. Please notify Barb at the Association office 924-9267 or by email, [email protected] if you are interested in lending a hand to this worthwhile project.
WAOR NEWS GENERAL MEMBERSHIP MEETING WCR MEETING
2
Lunch & Learn
2
WVMLS Camera
2
The Big Pick Up
3
Also this month at our general membership meeting, April 21, 2009, we will be giving the REALTOR® of the Year award to a very deserving person. Come and see who it is !!!! Our speaker at this months general membership meeting is Gene Bentley, our Real Estate Commissioner for the State of Oregon. You don’t want to miss what he has to say.
2
OAR NEWS
Call Barb at 541-924-9267 or email her at [email protected] See page 3 for more information
Public Policy
4
HUD Update
4
OAR Classes
4
Tools You Can Use
5
Have a great spring! Linda Long
Linn and Benton County Maps
Are you looking for a great gift for your clients? The WAOR Office has a large supply of Linn and Benton County maps for sale. They are only $1.50 each For more information contact Barb at The WAOR Office Phone: 541-924-9267 Email: [email protected]
NAR NEWS Eye on The Hill
6
Free Online FHA Tool 7 Kit Free Business Plan
7
WAOR NEWS March General Membership Meeting
Page 2
WVMLS Virtual Tour Camera
April 21,2009 Adair Village Club House Cost $10.00 Time: 11:15 to 1:00 PM Gene Bentley
The WAOR Office now has a virtual tour camera in Albany. Courtesy of WVMLS you may stop by the WAOR office at 2227 Santiam Hwy, Albany, and check out the virtual tour camera for your listings.
Oregon Real Estate Agency
We would like to thank WVMLS for taking the time to
1 Credit Hour
provide this service at a convenient
RSVP by email before April 17, 2009
location for our Members
[email protected]
For more information contact
Or on our website
Barb at 541-924-9267
waor.org
WCR April Meeting
Lunch & Learn
April 23rd
April 9th
11:30 AM—1:00 PM
11:30 AM—1:00 PM
Allied Waste Boardroom
Corvallis Public Library
1214 Montgomery St. SE
645 NW Monroe
Albany, OR
Corvallis OR
Topic
Topic
Top Producer Broker Panel
Contact Servicing
Please RSVP
―thinking creatively to get transactions closed‖
Heidi Wills 541-704-3450
Hosted by Fidelity Title For more information contact Marnie @ 541-602-1557 Or Tammy @ 541-760-6689
Page 3
The Big Pickup: Albany Community Action Day
The City of Albany and Allied Waste are sponsoring a community-wide litter patrol on Saturday, May 16, 2009, coinciding with a neighborhood cleanup, the spring Down by the Riverside stream cleanup, and Allied Waste’s annual Recycling Roundup. The four events together make ―The Big Pickup: Albany Community Action Day.‖ We hope to make this an annual event involving the entire community. The Albany City Council is looking for groups, families, neighbors and individuals to grab trash bags and gloves and organize litter patrols throughout the city that Saturday from 8:00 a.m. to noon. All volunteers are invited to an appreciation lunch when work wraps up at noon. Volunteers are needed for the river and stream cleanup as well as for picking up litter, and we welcome suggestions for other projects that day to improve Albany’s appearance – landscaping a curbside planter strip, planting trees – you tell us what you’d like to do. If you want to form a litter patrol, we’ll provide a map of a part of Albany that needs to be picked up, and deliver trash bags and gloves to the site on the day of the cleanup. Let us know how many volunteers plan to help out so we can have enough supplies ready. We encourage participating groups to promote your good work by wearing shirts or buttons or other items that let passers-by know who you are. Sign up your group for litter patrol with Marilyn Smith at 541-917-7507 or Lynn Hinrichs, 541-917-3208. To help with Down by the Riverside, contact Heather Slocum at 541-791-0058. Let us know by Friday, April 17, 2009, the project you’d like to do and how many people will participate. Thanks for helping to pick up Albany!
Page 4
Newsletter Title OAR NEWS
Page 4
HUD UPDATE March 20, 2009 - 5th Edition
Public Policy Quorum Call Welcome to the fifth edition of the Oregon Association of REALTORS® 2009 Quorum Call. Quorum Call will be emailed out to REALTORS® throughout the 2009 Legislative Session to share with members current policy news from the Oregon State Capitol. Specifically, this will focus on legislative issues that directly impact your business and the real estate market. Stopping Private Transfer Taxes on Real Estate Last week, the Oregon REALTORS® pursuit of eliminating private transfer taxes cleared a significant hurdle unanimously passing the House Committee on Consumer Protection. At its most basic elements, the imposition of a private transfer tax allows a third party to collect a fee upon every purchase of a particular property, calculated as a percentage of the sale, far into the future. House Bill 2481, sponsored by Rep. Paul Holvey (D-Eugene), will protect potential buyers from the imposition of a new private transfer tax on the sale of real estate by eliminating the ability to impose private transfer taxes and fees.
HUD Update FHA HIKES LIMITS If you’re a mortgage lender, REALTOR®, homebuyer or homeowner in one of the Northwest’s high-cost housing markets including Portland, Eugene, Corvallis, Vancouver, Salem or Bend, the recently-enacted stimulus package – the American Recovery & Reinvestment Act of 2009 - has something very important to you – higher FHA mortgage insurance limits. The higher limits are in effect for loans for which credit is approved in calendar year 2009 and will remain in effect until December 31, 2009. The higher limits give homebuyers a larger inventory of homes from which to choose and give more homeowners in a volatile market the chance to refinance into, says HUD Secretary Donovan, FHA’s “safe, affordable mortgage products.” To find out if limits in your market have increased, visit http://takeaction.realtoractioncenter.com/ct/Ad v1Jen1cSRy/
OAR CLASSES
Oregon REALTORS® Save Like-Kind (1031) Exchanges
April 21, 2009
In a short period of time, Oregon REALTORS® exerted a tremendous amount of pressure in opposition to House Bill 2696 - close to 6,000 emails were sent to the members of the House of Representatives. This legislation would have caused like-kind (1031) exchanges to become a taxable event in Oregon. As you all know, like -kind (1031) exchanges are integral to the health of the real estate market, and are one of the most fundamental components of real estate investment.
Web Seminar
With your help, we successfully stopped House Bill 2696 and saved like-kind (1031) exchanges!
Real Estate Myths & Superstitions, Part I Click here for registration form Click here to register online
April 28-May 1, 2009 Spring GRI (REALTOR® Institute) The Riverhouse, Bend Click here for registration form Click here to register online
TOOLS YOU CAN USE
Page 5
REALTOR TV What is this? REALTOR® TV is an exciting initiative developed by NAR’s REALTOR® magazine and REALTOR.org staff. It allows members and site visitors quick access all of NAR’s current videos in one prominent place on REALTOR.org. It also provides a channel through which members can easily submit their own videos for publication on the site - free. By accepting member-generated videos, REALTOR® TV will provide members a way to connect with one another and with NAR in a new way, promote their community service efforts, and share important business tools and tips for our REALTOR® members. Click TV to visit REALTOR TV
NEW eBooks AT NAR
Diversity Toolkit
Download the entire Diversity Toolkit (PDF: 1.9M), or visit the links below to read or download each
Welcome to the Virtual Library eBooks Collection – a digital library created especially for REALTORS®. Check out Adobe and Mobipocket eBooks for use on your PC and handheld devices, or listen-on-the-go with digital audio books. Ready to begin? Use our Quick Start Guide.
section individually. Why a Diversity Program? (PDF: 176K) Reasons for putting a diversity program at the top of your association's priority list. The National Association of REALTORS®'s Diversity in Leadership Initiative (PDF: 54K) Recruiting for Diversity (PDF: 43K) Ways to Make the REALTOR® Governance Process More Inclusive (PDF: 114K)
Page 6
NAR NEWS Free Online FHA Toolkit
Every REALTOR® who wants to sell more homes will benefit from the free, online FHA Toolkit available below. Click on the links -- and start learning all there is to know to help clients find the FHA-insured loans they need.
Video FAQs Three authorities on FHA and its loan products respond to the most frequently asked questions from REALTORS®. View the video >
Come Home to FHA: How FHA Helps REALTORS® Sell Homes (PDF: 2090KB) Detailed look at one- to four-family homes, condo units, ARMs, manufactured homes and more.
FHA Basics A narrated slide show presents key points of each major FHA-insured loan program and who benefits from each. View the presentation > (PowerPoint: 71,544KB)
Charles McMillan, 2009 President of NAR, introduces this new member benefit, "Come Home to FHA." View the video >
Click here
Page 7
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