Time to talk RPAC!

More than ever, we need the Realtors® Political Action Committee.  Bill Martin from the Michigan Association of Realtors® spoke at the March Flint Chapter Women's Council of Realtors® meeting, and then Senator John Gleason came to FAAR to discuss the theft of materials for scrap money from homes.

A political action committee is a group of people who pool their resources together to support candidates who support the industry.  In the Real Estate business, we need people in office that support homeownership, understand property rights and understand the procedures / policies of selling real estate.

RPAC does not by votes.  RPAC assist the candidates that support the Real Estate Industry.  

RPAC assisted nationally:

• Smith vs Globe Life Insurance- Realtors® are exempt from the Consumers Protection Act.   That is a huge cost savings for agents.

RPAC assisted in Michigan:

• Realtors® do not have a sales tax on their commissions. (a CALL TO ACTION got the job done, 10,000 email in 2 days from you!)
• 2006 Ballot Proposal #5 K-16 spending mandate was defeated; this kept our state from getting a further deficit situation.
• Saved Realtors® from a 900% tax increase under the original proposed MBT
• Killed the expansion of the transfer tax
• Defeated point of sale septic inspections
•  Passed increased appraiser education standards
• And much more......

Senator John Gleason came to the Flint Area Association of Realtors® March 20, 2008 for a press conference.  He informed the Brokers about Senate Bill 1089.  This bill is an attempt to stop the theft of copper, aluminum and other items from the homes we are trying to sell.  This bill will require the scrap yards across MI to record valid ID information and write checks for payment of items instead of giving cash.  Many more protective procedures are on the bill as well.

We need RPAC, which means we need you.  Setting up an RPAC contribution is made easy.  A one time donation, monthly donations taken write off the debit / credit card or pay with your dues.  Think about this, $10 monthly is cheap insurance for our profession.

More than ever to protect our industry, we need your RPAC support.  How do give RPAC support, please call or email Kim Thompson at the Flint Area Association of Realtors®, 810 767 6330 or Kim@FlintHomes.net .

Seller's you have to visit this site:  How do you want the buyers to remember your home?

Virginia Tatseos Stage-Show-Sell
Bloomfield Township, MI
More about me...
Stage-Show-Sell

Cell Phone: (248) 421-8201
Email Me

Town Hall Meeting on Monday Morning! 

Please join us on Monday morning, March 24th, at 9:00am for a Town Hall Meeting at the FAAR Office. The purpose of this meeting is three fold: One, to provide members with an update on the association; Two, provide a forum for members to ask questions regarding the association; and Three, to discuss the future. This event is designed to be interactive and encourage open discussion. FAAR staff and elected leaders will be participating.

Coffee and donuts will be available.

Hope to see you and your staff there!

This is a board that cares.

FAAR - G-4428 Fenton Road, Flint, MI 48507 Phone: (810) 767-6330 / Fax: (810) 234-9767

REAL ESTATE TRAINING ACADEMY IN CONJUNCTION WITH

MIDDLETON REAL ESTATE TRAINING, INC.

IS OFFERING AN  EXCITING 2008 BROKER BASIC I (60 HOURS)

LORI J. CHMURA: INSTRUCTOR

BROKER BASIC I : 6 WEEK Course •60 hours

Tuition: $370.00 + Materials $55.00

This course is designed to prepare you to successfully pass the Broker's Licensing Examination developed by PSI.  We assist our students with all the required paperwork.  This course goes toward 90 hours requirement for Broker License.  Classroom lectures and discussions are an intricate part of all our courses.  Additional workshop, in specialized areas, are included at no additional cost.

Broker Basic I (6 weeks)                                                                          8:30am-5:00pm

April 9, 18, May 1, 7, 14, 22                                                 Plus Finals & Fair Housing

Please contact Middleton Real Estate Training, Inc. for registration at

(248) 355-3940.

LOCATION:  REAL ESTATE TRAINING ACADEMY

                         4284 EAST COURT ST.

                         BURTON, MI  48509

The Real Estate Training Academy in Burton, MI is offering the 40 hour Salesperson Pre-licensing class.

The class date starts 03/31/2008-04/11/2008.  The class runs Monday - Friday 6pm - 10pm for 2 weeks.

Cost:  $225.00 and this includes materials.

Location:
Real Estate Training Academy, REPlace
4284 E Court St
Burton, MI 48509
810 744 2078

Angie@AngieRidley.com

Please call for your reservation asap.  The class is filling up...

Print, fill out and send...

Real Estate Training Academy

Registration Form

Must be return 5 days before class start date.

Class: Salesperson Prelicensure Class $225.00 Text included

Class Date:  March 31- April 11, 2008, M-F, 6pm - 10pm

Student Full Name:  ____________________________________

Address:  _____________________________________________

City, State, Zip:  _______________________________________

Phone:  ________________________Cell:  _________________

Last 4 of SS#:  ___________________DOB:  ________________

Payment:  Signature ___________________________________

Date:  _______________ Charge $_________________to my

_____VISA or ____MasterCard #_________________________

Expires ____________________ 3 Digit Code_______________

Mail, Fax or Email to:

4284 E Court St

Burton, MI 48509

Phone:  810 744 2078

Fax:  810 936 4395

Email:  Angie@AngieRidley.com

Educational Coordinator

As of today the number of homes pending (waiting to close) is 587 in Genesee County, MI.

 Solds Stats According to the Flint Area Association of Realtors.

	2008	2007	2006	2005	2004	2003	2002	2001	2000
January	326	282	302	324	274	327	181	181	222
February	394	340	307	347	340	299	215	215	386
March		448	460	523	439	402	450	372	431
April		447	417	562	485	462	505	401	425
May		404	482	582	513	448	556	462	473
June		468	490	592	671	481	592	497	561
July		415	412	486	577	523	531	424	491
August		476	515	607	615	546	510	510	518
September		339	429	576	540	488	403	403	382
October		414	474	459	528	545	416	416	421
November		381	409	408	488	386	343	343	338
December		343	387	401	497	441	365	365	389
Totals	720	4757	5084	5867	5967	5348	5067	4589	5037

Are we really doing that bad?  I don't think so...

The difference really shows in the average price, from $103,604 to $76997 in Feb. 08.

There are currently 18 listings for every home sold.

Step 1.  Getting Prepared

• Contact your mortgage lender for PREAPPROVAL. 
• Know what you can afford.
• Explain to Realtor your needs.

Step 2.  Previewing Homes

•  Take pad of paper, ink pen and camera.
•  Note all the likes and dislikes.
•  Ask yourself, how does this home make me feel?  Do you feel enclosed, comfortable or overwhelmed with too much space?
• Note how much updating you may need to do.  What are the approximate costs?

Number 1 question, do people really purchase the first home they look at?

      Yes, many people purchase the first home they look at.

Step 3.  We Found a Home!
Once you have selected a home, have agent do a Market Analysis of the area to help you determine offer price. (Compare apples to apples)

Items that will affect your offer:
      1.  Property Condition
      2.  Property Improvements
      3.  Market Conditions
      4.  Seller Motivation

Step 4.  Make Your Offer

Your agent will assist you with the offer.
      Discuss home inspections, home warranties and well test....

Step 5.  What to Expect from Owner Seller

• Agent will present offer to seller's agent or seller.
• You will know the result, accepted, counter-offer or rejection immediately.
• Fast negotiations.
• Inspections
• Get Home Owners Insurance
• Close

            What to Expect from Bank Owned Seller

• Agent will submit offer to seller's agent or bank.
• Bank can take offer and others.  Don't plan on a response for 2-4 weeks.  If you get one sooner you are blessed.  Yes, they can still receive offers while you are waiting.
• Bank will provide their own "Addendum" specifying the terms.
• Inspections
• Get Home Owners Insurance
• Close
• Bank will charge you a daily fee if transaction is not closed on date specified in the purchase agreement.
•         Timely, purchasers are usually upset about the length of time it takes the Bank to respond.

            What to Expect from HUD

• Sign Contract
• Earnest Money is not negotiable. 
• $500 for homes below $50,000
• $1000 for homes $50,000 and above
• Must be in form of a cashiers check made out to Real Estate Brokerage
• Agent submits offer on-line
• M-F expect a 24 hour response
• Have all inspections done with in 15 days of accepted offer.
• Get Home Owners Insurance
• You must close with in 45 days.
• Easy, fast and most of all, very affordable.

The Last Step:  Closing, the Home Becomes Yours.

• Your lender or real estate agent will contact you with the final $'s you must bring to close.
• Bring your Driver's License
• Your lender or title company may request a last minute item, be prepared.
• The closing documents may be signed on one day, reviewed then finished the next.
• In most cases you will only be required to be at the title company one day.