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Your Internal News Broadcast
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Leadership Team Develops
Strategic Plan
 On Thursday, October 17th, the leadership team of the Rockford Area REALTORS participated in a day long strategic planning session in Lake Geneva, Wisconsin. Communication techniques, member programs, community outreach involvement, local economic development and growth were just a few of the topics discussed in length with participants and meeting facilitator, Janyce Fadden.
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Foreclosure Lead Assignment Company can be a Scam
The Association would like to remind its members to be aware of unscrupulous organizations who offer to provide you leads if you sign up with their company, especially if they require a fee to be paid up front. Some of these organizations are not legitimate and require collecting the fee up front and fail to deliver any actionable leads. Do your research before sending any monies!
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Designation Awareness Month
November is a great month to consider enhancing your level of professionalism by earning the Graduate REALTOR Institute Designation (GRI). "There are few places in an industry where you learn so much practical information as quickly as this, "says REALTOR Curtis Knapp, United Realty IL in Rockford. IAR is offering a new fast-track option to help you earn credit for Course I so you can move directly to Course II this December. Find out more about the Fast-track GRI Proficiency Exam option that allows you to earn full credit for Course I without attending a classroom course or meeting equivalency requirements.
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The latest Facebook rumor floating around claims that the IRS can attach a lien to a home if the owner fails to comply with the health reform individual mandate. This is incorrect. The IRS cannot attach a lien. Click here to read more from NAR.
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FHA is continuing its commitment to fully evaluate borrowers who have experienced periods of financial difficulty due to extenuating circumstances. The Back to Work Program is developed for those who experienced severe reduction in income resulting in the loss of their home to a pre-foreclosure sale or foreclosure. FHA recognizes that the negative credit history experienced by these borrowers may not fully reflect their true ability to repay a mortgage. Read more about this program summarized in an article by Brian Stanley of Riverside Community Bank.
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Lock Box Conversion
The Rockford Area REALTORS will be converting to a new lock box vendor and system, Sentrilock, in the Spring. We will continue to use our existing Supra lock boxes until April 2014.
Effective immediately, the Association will no longer be able to add Supra lock boxes from outside of our currently registered inventory. If an additional Supra lock box is needed, you may purchase a new one from the Association office or a used one (which is already part of our registered inventory) from a current or former Rockford Area Realtors member.
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New Rules to Assoc. Mgr. Licensing Act
Effective January 1, 2014
The Illinois Community Association Manager Licensing Act (Act) initially went into effect July 1, 2010, and required professional community association managers (ex. Condo Association Mgrs.) to obtain a license to work in the state.
(NEW) During the 2013 legislative session, the Act was significantly amended to provide for the additional licensing of a supervising community association manager and the licensing of a community association management firm.
The October IAR Legal Webinar covered this new law. To view the IAR archived webinars click here. Also covered in the webinar is information on what is covered in E&O Insurance.
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Your IAR/RAR School Just Keeps Getting Better
Your local real estate school now offers web-based proctoring service, at no additional cost, so that you can take your CE exams in the comfort of your office or home...morning, noon, or night. It is easy to use and a convenient alternative to on-site procturing. Click here to find out which online courses are available in this format. Support your local real estate school! Top of Page
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October Member Updates
Agents
Dropped
Will Moist, Moist Realty
Robert Buchanan, Best Realty
Genevieve Schlicher, Prudential Crosby Starck
Jennifer Brubaker, United Realty
Nancy Hobbs, United Realty
Tom Wartowski, Thomas Wartowski Realtors
Raul Serrato, Equidad Realty, LTD
Betsy Trejo, Dickerson & Nieman
Todd Burghardt, United Realty
Offices
Address Change
Keller Williams Realty Signature
7177 Crimson Ridge Drive
Rockford, IL 61107
Dropped
Equidad Realty, LTD
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COMMITTEE MEETINGS
November 4
Holiday Open House Committee
1:00pm
Finance Committee
2:00pm
November 12
RPAC Committee
1:00pm
November 13
MLS Committee
3:00pm
November 14
C&I Committee
3:00pm
November 20
Education Committee 1:30pm
EVENTS
November 21
RPR-Residential
1:00-2:00pm
RPR-Commercial
2:15 - 3:15pm
November 18
CE-COR 1614 A
9:00am - 12:00pm
CE-RD945
1:00-4:30pm
November 21
WCR Luncheon
Forest Hills C.C.
December 6
CE- RB746
9:00am- 12:00pm
December 12
"Home for the Holidays"
Party
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Rockford Area REALTORS
6776 E. State Street
Rockford, IL 61106
(815)395-6776
www.rockfordarearealtors.org |
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The REALTOR Connection, e-mailed to members of the Rockford Area Realtors, features industry news, legal Q&A and
Association resources intended strictly for Association members. To change your e-mail address, send an e-mail or call us. We respect your right to privacy. The Rockford Area Realtors does not give your e-mail address to third parties.
To unsubscribe: By unsubscribing, you are directing the Association to discontinue all e-mail to your e-mail address. You will not receive any further correspondence from the Association via e-mail (including but not limited to: education course reminders, political communication such as calls to action, member service information, etc.) To unsubscribe, see below.
815-395-6776
www.rockfordarearealtors.org
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