Experience Art in Tulsa! ...............................5RPAC / Issues & Answers ....................... 6-7Backpacks for Kids .................................. 8-9Monthly Stats / Affinity Program ................10

TABLE OF CONTENTSMembership .............................................2Tom Grant, Jr. / Commercial RE ..............3HBA Parade of Homes ............................4

June 2012 www.tulsarealtors.com Monthly

GTAR WorldOfficial Publication of the Greater Tulsa Association of REALTORS®

Eye on Real Estate ....................................11Committee Corner / Directors’ Actions 12-13Continuing Education .......................... 13-14Calendar ....................................................15

Have you RSVP’d? Experience Art in Tulsa!

June 28 at the Gilcrease Museum—enjoy an afternoon of art and delicious food; guided tours

will begin at 3:00 p.m. A special dinner buffet along with a cash bar will start at 4:00 p.m.

Cost is $15 per person.

(For more information, see page 5.)

Fusion UpdateA full set of financial reports are now available in Fusion. Just click on Home, Financials, and the report you need. The financial reports from Fusion are just like your reports from Tempo.

Backpacks for Kids$6,942.76 = Collected $17,500 = Goal

JUNE is the last month to collect donations for the 2012 Backpacks for Kids Campaign.

(For more information and a donation form, see pages 8-9.)

Thank you to everyone who has already contributed!

Send Inquiries to:P.O. Box 470603

Tulsa, OK 74147-0603Phone: (918) 663-7500

Fax: (918) 663-8815Email: gtar@tulsarealtors.com

GTAR OFFICERSPresident Rodger Erker

President-Elect Susan BeachTreasurer Kenny Tate

Immediate Past President Pete GalbraithGTAR Board of Directors

Pam Avison, DeeAnna Brown, Tim Cochran, Bud Engstrom,

John Louis Hausam, Doug Horton, Fred Keas, Rexiene Reynolds,

J. Carol Taylor, Michael Urie Ex Officio:

Anne Pollard (NORES President), Mike Lester (NORES President-Elect), Jared Andresen (RCA Committee Rep.)

NORES OFFICERSPresident Anne Pollard

President-Elect Mike LesterTreasurer Mick Corbin

Immediate Past President Gary GriffithNORES Board of DirectorsSharon Baker, Don Beach,

Robert Bryant, Lee Chinowth, Harriett Dunham, David Hughes,

Ex Officio: Rodger Erker (GTAR President),

Susan Beach (GTAR President-Elect)

GTAR/NORES StaffChief Executive Officer

Mike Cotrill, RCEChief Financial Officer

Russ OtterstromAssociation Administrator

Janie BaysMembership/Records Coordinator

Connie MontalbanoEducation and Communications Director

Daniele HollandMarketing Director

Jennifer SmithTechnology Developer

Michael SextonCustomer Service Representatives

Polly Choate, Tech Instructor, NORES Rules and Regs

Laurie Rigney, Tech SupportRich McGonigle, Tech SupportJay McCormick, Tech SupportGloria Waddle, Membership,

Keys and KeyboxesBonnie Atkinson, ReceptionistKassie DeBolt, Office Assistant

Newsletterpublished monthly for members of the

Greater Tulsa Association of REALTORS®

www.tulsarealtors.com

2 June 2012

Welcome New Members

Building relationships with the right business partners is essential to your success as a REALTOR®. GTAR offers you an outstanding list of partnership resources with our Affiliate Network. These companies support our organization in many ways, and are a strong part of our unified effort to shape and grow our organization and community. If you are doing business with an individual or firm, make sure they are an Affiliate member of GTAR by clicking on the link in the Resource section of tulsarealtors.com.

GTAR/NORES Office HoursMonday-Friday: 8:00 a.m. - 5:30 p.m.

We are happy to process new members any time from 8:00 to 11:00 a.m. or 2:00 to 5:00 p.m., Monday through Friday. Brokers: Please make sure your new associate(s) has all the signed paperwork needed along with the appropriate dues and fees.

NEW MEMBER PROCESSING

Firm Affiliates:

In MemoriamCindy DeWitt, associated with Keller Williams Tom Grant, Jr., owner/broker, NAR and GTAR past presidentCari Roper McLarty, associated with LaJean Roper, REALTORS®

Donna Adams, United Country-Willis Realty Oscar Aguilera, Chinowth & CohenMichael Ashing, C21/Clinkenbeard Margaret Casarez, McGrawSteve Chapman, Keller Williams Juli Couch-Johnstone, BidLoud.com Realty Joe Daniels, Keller Williams Vincent Donaldson, Willcox Real Estate GroupAngela Edwards, Coldwell Banker Select Vicki Heitgrass, McGrawTamala Huffman, Allison & AssociatesRobert Kleven, 24/7 Realty, Inc. Werner Lehnert, Walter & Associates

Lance Murrah, McGrawKiva Noveskey, Bailey Properties Karrie Paul, Coldwell Banker Select Sam Pinson, Coldwell Banker Select Debbie Quinn, Coldwell Banker Select Tom Robison, Coldwell Banker Select Janet Spurgeon, Langford Realty Cheryl Trammel, Keller Williams Laura Tyler, Coldwell Banker Select Marci Utter, McGrawDavid Vaughan Jr., Accent Dana Weyl, Coldwell Banker Select

Erica Davis, The Davis Touch LLC Bob Buss and Berbara Kidwell, Investors Title & Escrow Co.

June 2012 3

Tom Grant Jr. – Real Estate Magnate Brokered High-Profile Deals Across Tulsa(Tim Stanley World Staff Writer: Reprinted with permission from Tulsa World)

When Tom Grant first began scouting the area for a big commercial venture, Tulsans were as likely to encounter cows as cars at 71st Street and Memorial Drive. But its days as open farmland were numbered. The project broker, Grant was able to secure more than 150 acres in the vicinity, and as a result, three years later in 1976, Woodland Hills Mall would open to the public. Becoming the driving catalyst for 71st Street corridor development, the mall helped ignite the growth to the south that would change the face of Tulsa forever.

Grant's impact on the local landscape wasn't limited to the mall or south Tulsa, however. Over his 50 years in the commercial real estate business, he would broker deals on countless properties, including such high-profile ones as the Mayo Hotel and the Petroleum Building in downtown Tulsa, while developing retail centers, apartments and other projects of his own. Thomas Garner "Tom" Grant Jr., a former president of the National Association of REALTORS® and a longtime organization board member, died May 15 at St. Francis Hospital. He was 85.

A Tulsa native who was senior class president in 1944 at Will Rogers High School, Grant went on to graduate first from Duke University, and from there got his law degree at the University of Oklahoma. Grant's father, T.G. Grant Sr., was a prominent regional commercial and industrial real estate agent. For several years Grant worked with his father's Tulsa firm, T.G. Grant Co., and continued there after it merged to become Whiteside & Grant, REALTORS®. But in 1963, Grant decided to go out on his own. "It was a big step and kind of risky - he and Mom had had all of us at that point, eight children in 10 years," said his daughter, Cathy Grant of Tulsa, who is in residential real estate. "But it was the right move. Dad was a real real estate genius."

Over the next 40 years, Grant would build a client list that included Sears, Safeway, Phillips Petroleum, Sun Oil, Jones & Laughlin Steel, TG&Y, Dayton-Hudson, F.W. Woolworth Co., Quality Inn and many others. He was active with the Greater Tulsa Association of REALTORS®, as well as state and national real estate associations. In 1978, he was elected president of the 700,000-member National Association of REALTORS®. He remains the only Oklahoma REALTOR® to hold the post.

Rodger Erker, president of the Greater Tulsa Association of REALTORS®, said of Grant: "I am proud to call him my mentor. Tom was a gentleman beyond compare and a man of unquestioned integrity. He was a great example of cooperation among REALTORS®." Erker added that he attended many national association meetings with Grant, "and to be there in his presence and see the great respect REALTORS® from across the country, including other former presidents, had for him was amazing."

In Tulsa, Grant also served on the boards of Woodland Hills Bank and St. John's Medical Center. He was named to the Tulsa City-County Library's Hall of Fame for his support of the library. "There was no fluff, no razzle dazzle with Dad; what you saw was what you got. He had a brilliant mind. And he absolutely loved real estate," Cathy Grant said. Retiring was never really an option, she added. As her grandmother used to tell her and her siblings about their father, "Tommy has been on the payroll since he was 6 years old" - the age at which he had begun his first job, selling the Saturday Evening Post. He "semi-retired" about 10 years ago, his daughter said. "But even then, he was still doing real estate deals out of the house." --

A portrait of Mr. Grant hangs in GTAR’s Training Center as a reminder to all, of a man whose high ethical standards, professionalism, and expertise won the respect of REALTORS® throughout the country.

Monthly GTAR Commercial Deal-Making ForumsThe next forum is June 15, 8:15-9:15 a.m. at GTAR; brought to you by GTAR’s REALTORS® Commercial Alliance (RCA) Committee. There will be many opportunities to buy, sell, or exchange commercial property. Formal property presentations limited to the first 15 attendees to arrive and request an opportunity to make a presentation of their

listing. However, you do not have to make a formal property presentation to benefit from this marketing and deal-making session. In addition to commercial property presentations, there will be a “Have and Wants” session to announce any facility requirements you are seeking to satisfy your clients. Look for email notices/reminders the week prior to and week of the scheduled forum. There is no cost to attend; please RSVP to education@tulsarealtors.com.

Commercial Transactions, Income Up in 2011 NAR’s commercial members saw an increase in transactions and median gross annual income last year, NAR’s 2011 Commercial Member Profile shows. Among the findings: Median sales transaction volume was $2,010,500 among members who reported at least one closed transaction last year. The median dollar value of sales transactions was $414,300, and the median square footage was 9,600. More.

Commercial Real Estate Follows Economy Into RecoveryNAR Chief Economist Lawrence Yun sounded a cautiously optimistic note regarding the state of the commercial real estate market at the Midyear Legislative Meetings in Washington, D.C. Read More

4 June 2012

We all have a desire of owning the home of our dreams. Now is the best time to find the home that fits you perfectly.The 2012 Greater Tulsa Parade of Homes opens the doors of more than 140 new homes in 12 communities throughout

metro Tulsa, in a wide variety of price ranges. You can also discuss custom options directly with the home builder.See all that the Tulsa area has to offer at the 2012 Greater Tulsa Parade of Homes,

the premier new home showcase event.

Sponsored by:

5

Homes Open1-7 Daily

Free Admission

FeaturingOver 140 Homes

June 16 - 24, 2012

June 2012 5

6 June 2012

Gambling with Your Business?Local, state, and federal legislators and enforcement officials do!

National Flood Insurance Program is up for extension• Taxing of services •

An investment in the REALTOR® Political Action Committee (RPAC) is not a gamble. The goals of RPAC are education, advocacy, and building relationship with legislators. RPAC supports the REALTOR® Party, legislators and candidates that support the interests of homeowners and real estate professionals.

70¢ of every dollar invested stays in Oklahoma. If GTAR’s Goal is met, 30¢ stays in the local area.

State victories were the New Broker Relationships Bill being signed by Governor on May 15, 2012, to take effect November 1, 2013, and Addition of square footage source for commercial becomes effective November 1, 2012.

We are at $45,601 or 95% of our $47,970 goal!Make an investment in your business today! Go to www.OKRPAC.com to invest.

Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. The amount suggested is merely a guideline and you may contribute more or less than the suggested amount. You may refuse to contribute without reprisal and the National Association of REALTORS® or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by your state PAC to support state and local political candidates. Until your state PAC reaches its RPAC goal, 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates.

Crystal R = $2,500+Bill Mizener

Sterling R = $1,000+

Jim BigelowSheryl ChinowthMike CotrillMike CraddockSteve CurringtonTerry GartsideAxay ParekhChuck PattersonSam RaderRichard Sudduth Shohreh Woessner

Leadership Club = $500+Bunny Blalack

Capitol Club = $250+

Grover BauerDon BeachSusan BeachMary CarterMichelle EppsRodger ErkerDavid HallJohn Louis HausamJoe McGrawLisa MullinsCindy ReadJ. Carol Taylor

99 Club = $99 +Steve BakerChloe BaulchG. Douglas BauerBarbro CoxHarriett DunhamRoyce EllingtonBeth FenglerJohn GrayGary GriffithBev HerringDoug HortonArt JilesFrank KellPeter LarsenMichelle MontalbanoCarolyn ThompsonBrad RameyLori SmallingVenesa WhiteAmy WhitmarshHolli WoodwardWilliam Zumwalt

Thank you to the 2012 RPAC Major Donors!

President Circle

Kacy BellMontie BoxPete GalbraithDavid Momper

June 2012 7

IssuesA by Janie Bays

nswers&

Q: When do I need to change my Corporate/Lender Owned listing to Pending?A: All status changes are to be filed with the MLS within three (3) business days of receipt of the change. This rule includes Pendings for Corporate or Lender Owned listings. Section 3.0, (c) of Article 1 of the NORES Rules and Regulations states, “In the case of Corporate Listings, Listing Participant shall have the responsibility to change the listings to a Pending status, upon verbal acceptance of a contract.”

Q: What is defined as an Active listing?A: If a listing is currently for sale; an offer has not been accepted and the listing offers cooperation and compensation through the MLS, it should be listed as Active [Section 2.2, (a) of Article 1 of the NORES Rules and Regulations]. This is a rule NORES Participants and Users agree to abide by, and cannot be negated by agreements made by seller and buyers or brokers. If a contract agreement (that does not meet the Contingent Category) is made with the seller to continue marketing even after an offer has been accepted, the listing shall be changed to Pending in the MLS within three (3) business days of the offer being signed by both parties.

Q: When can a listing be shown as Contingent?A: A listing can only be shown as Contingent in the MLS if the contract meets one of the following [Section 2.2, (d) of Article 1 of the NORES Rules and Regulation]:

The Contract of Sale is contingent upon the buyer’s property • (which is on the market but not presently under contract) being sold and closed. In other words, the buyer’s property is on the market for sale, but the buyer has not entered into a Contract for the Sale of the their property. Contingent may also be used for a short sale, where an offer has been accepted by the seller and has been • submitted to the seller’s lender for approval. The “Short Sale” field must be marked “Y” or “Yes.” Upon the seller’s lender approval of the contract (written or verbal), the Listing Participant shall have three (3) business days to change to Pending.

Note: The listing broker can place the listing in either the “Contingent” or “Pending” category.

Q: Do I have to provide Seller Disclosure/Disclaimer information in the NORES MLS system?A: Yes, all legally required Seller Disclosure/Disclaimer information (except where seller expressly directs that such disclosure documents not be disseminated through the MLS) is required to be submitted to the MLS. [Section 2.4, of Article 1 of the NORES Rules and Regulation.]

Have questions or want to report an issue? Email support@tulsarealtors.com and provide specific MLS #, if possible.

What’s Your Status?

Pick up your free discount card at the GTAR/NORES office!

CALLING ALL GTAR MEMBERS:For the last six years, our GTAR Community Relations Committee has spearheaded the highly successful effort of Backpacks for Kids, in which children selected through Family & Children's Services receive a back-to-school backpack. This idea came about from realizing that so many children in our community are in need, and from the idea of giving as many children as possible a positive start to the school year. It was realized that school supplies were typically provided, but that many children needed school clothes and shoes.

In these six years, the Community Relations Committee, with your support, has raised $74,184 and given more than 1,500 backpacks to children in need. This year is a challenging one. We are very aware of the challenges in our community right now and the financial demands that face everyone.

GTAR receives media coverage and support of its Backpack for Kids effort every year, which in turn informs the community of what REALTORS® are doing in our area to give back. So therefore we need everyone’s support to continue this effort.

Can you please support Backpacks for Kids through your generosity of a donation of $25.00 or more?

This year our goal is to raise $17,500 to fund 350 backpacks; each backpack costs approximately $50 to fill. The deadline to reach our goal is June 30, 2012. We purchase products from Walmart in order to obtain the best possible cost per item, and coordinate with everyone behind the scenes by the end of June, in order to be able to prepare and distribute the backpacks at our August pizza party. To see a child’s face and their smiles and gratitude when they open their backpacks is so worth the effort—and it’s GTAR members, like you, who make it possible to touch and affect a child’s life in such a positive way.

We are grateful to you in advance for your gift of generosity. A donation form is on page 6 of this newsletter. You can mail or drop off your check, payable to the GTAR Foundation, at the GTAR/NORES office. (All donations are tax deductible!)

Sincerely,

Stacey PenningtonChair, GTAR Community Relations Committee

8 June 2012

June 2012 9

Platinum Fitness4808 S. 109th E. Ave., Tulsa, OK 74146Contact: Robert JohnsonPhone: 918-258-5000Email: robert@theplatinumcenter.comWebsite: www.theplatinumcenter.com

Offer: One Year Membership with $39 enrollment ($60 discount) and $25 per month ($8 discount) Membership includes fitness assessment and personal training session. Free Weight Loss Study available with $39/month maintenance fee including once per month personal training sessions. Visit the club for a tour with a membership consultant, and let them know you are member of GTAR. Offer expires December 31, 2012.

GTAR Home Sales Stats For the full 11-page report, go to http://www.tulsarealtors.com/stats/

REALTOR® Benefits ProgramNAR’s REALTOR® Benefits Program is your member benefits program. NAR has partnered with industry leaders to provide value-added of-fers and significant savings on products and services you use in your business and personal life. Check out all that’s offered: Go to realtor.org and click on the Member Benefits tab.

On the local level, GTAR is in the process of resurrecting its Affinity Program. A GTAR Affinity Member agrees to provide goods and/or services to members of the Greater Tulsa Association of REALTORS® at a discounted rate for a period of not less than six months. This is a great option for companies who do not meet the criteria to be a GTAR Firm Affiliate member, but still offer services that would be of interest to REALTORS®. Below are GTAR’s first Affinity Members:

Aspen Body Sculpting & Wellness Center1757 N. Aspen, Broken Arrow, OK 74012Contact: Tim WoffordPhone: 918-994-4411Email: tim@aspenoklahoma.comWebsite: www.aspenoklahoma.com

Offer: $200 discount on six Zerona sessions for GTAR members; includes total body composition analysis, body fat/tissue exam, and bone density exam. Total cost with discount is $1,295, regularly $1,495. Call to book FREE initial consultation, and reference discount code GTAR. Offer expires December 31, 2012.

Do you know someone who may be interested in becoming a GTAR Affinity Member? Have them email

membership@tulsarealtors.com for information.

Ambassador Hotel1324 S. Main Street, Tulsa, OK 74119Contact: Shonda LinnPhone: 918-587-8200Email: slinn@ambassadorhc.comWebsite: www.ambassadorhotelcolllection.com

Offer: Special rate of $149 (normal rate $209) for GTAR members and their clients. Must ask for the REALTOR®/Relocation Rate.

10 June 2012

Have a question on Federal issues that affect real estate? Go to www.realtoractioncenter.com for the latest from NAR.

NEWS FROM THE NATION’S CAPITAL

NEWS FROM THE STATE’S CAPITAL

How to Talk About the 3.8% Sales Tax RumorTalking Points• There is a 3.8 percent tax in the healthcare reform bill; however much of the information circulating on the Internet is grossly inaccurate – the tax is not a transfer tax and it will not be imposed on all real estate transactions.

• The new tax will apply to high-income households and their “unearned” investment income, including capital gains, dividends, interest, and rents minus expenses.

• The 3.8 percent tax will take effect beginning January 1, 2013.

Click on the following link for more on: How to Talk About the Sales Tax Rumor

Make VA ARM Program Permanent, NAR SaysThe authority for ARM loans backed by the U.S. Department of Veterans Affairs expires on September 30, 2012. The House VA Committee passed legislation, HR 4482, by Rep Jeff Miller (R-Fla.), to make these loans permanent. The bill now moves to the House floor. NAR joined with the Mortgage Bankers Association and the National Association of Home Builders in a letter to Congress urging making the loans permanent.

Growth Threatens Rural Areas' RHS EligibilityMany communities are losing eligibility for rural housing programs because their populations have grown, NAR says in a letter to Congress it sent jointly with the Mortgage Bankers Association and the National Association of Home Builders. Congress set the definition of "rural" in 1974, and it has not been updated. The letter urges Congress to grandfather existing communities, and to also update the existing definition to account for population growth. A Senate Agriculture Appropriations bill includes a one year grandfather provision. Members of Congress are also considering including a longer grandfather clause or a definition change as part of the bill.

Rules Would Govern Origination CompensationThe Consumer Financial Protection Bureau (CFPB) has released an outline of proposals for rules governing compensation for mortgage loan originators. The proposed rule will address compensation origination fees, discount points, and the screening and qualifications of mortgage loan originators. A group of small business experts will review the proposals under consideration and other alternatives before the CFPB publishes a proposed rule. The CFPB expects to publish its proposed rule this summer.

Much Still Happening on REALTOR® RallyOklahoma’s delegation of REALTORS® were unified in the message, “We put the HOME in Oklahoma!” Oklahoma Association of REALTORS® President David Momper of Tulsa said, “There was such energy and momentum in the crowd. We’re committed to helping Oklahomans achieve the dream of homeownership. Part of that is removing obstacles that may make it more difficult for people to buy or sell real estate.” REALTORS® are concerned about two major issues: the loss of flood insurance and the Mortgage Interest Deduction. The Rally to Protect the American Dream on May 17 was a great success and there’s still more you can do to keep the spirit alive. You can upload your pictures to the Flickr pool, tag yourself in the 20-billion pixel FanCam, view the 2-minue video recap, and add your name to the virtual rally.

New Broker Relationships Bill Signed by Governor on May 15, 2012Reforms to Oklahoma’s Broker Relationships Act (HB2524) were signed by Oklahoma Governor Mary Fallin, and take effect November 1, 2013. With this law being at the root of how real estate is transacted, there is considerable education and forms that need to be updated. To allow for the transition, the new law will take effect November 1, 2013. Agents whose licenses expire before November 1, 2013, and need continuing education in the Broker Relationships (BRA) Core category will take the current curriculum. As more information becomes available we will let you know.

New OREC Rules Effective July 1At the Oklahoma Real Estate Commission’s (OREC) March 14 meeting, the Commission gave their final approval on new rules slated to go into effect July 1. To read a complete version of the full rules, click here. The change that will be most noticed, perhaps, by members is the addition of earthquake damage to Question 20 in the Residential Property Condition Disclosure Statement. Click here to view a version of the new form.

June 2012 11

Committee

orn

er

This is a monthly feature to inform you, our members, about what GTAR and NORES committees, task forces, and other groups are working on during the year.

REALTORS® Commercial Alliance Committee34 attended the first RCA Insight Social of 2012 on May 10 at the Mayo Hotel. Garrett Mahaney gave an update on the One Place development project in downtown Tulsa.

Sales Associate CommitteeExperience Art in Tulsa is June 28—have you RSVP’d? Deadline to register is June 22! For more information, see page 5, or Click here for more information and to register.

Young Professionals Network78 attended the Tulsa Designer Showcase Home networking event on May 9 at The McGuire Mansion Attendees enjoyed light snacks on the grounds of The McGuire Mansion.

Urban Affairs CommitteeKeith Ballard, ED.D., superintendent of Tulsa Public Schools was the guest speaker at the May Urban Affairs Committee meeting.

Other committees that met in May include RPML, NORES Bylaws and Rules and Regulations, Chairpersons, Grievance, and Community Relations.

RCA Insight Social - Mayo Hotel

YPN - Tulsa Designer Showcase

12 June 2012

ARE YOU A...

BROkER MANAGER, BRANCH BROkER OR PROPRIETOR BROkER?

If your license type is a Broker Manager (BM), Branch Broker (BB) or Proprietor Broker (BP), even if for ONE day during that license term, AND your real estate license expires on or after June 30, 2012 (not before), then you are required to attend and complete an approved 15-hour Broker in Charge (BIC) class AND an additional 6 hours of required subject matter in at least two core courses prior to your license renewal. The core subject matter courses are Fair Housing (FHR), Broker Relationships (BRA), Professional Standards of Conduct (PSC), and Hot Topic (HOT) which would be current laws and rules or current topic affecting the real estate industry.

Anyone holding a Sales Associate (SA) or Broker Associate (BA) license may attend a 15-hour BIC class, in it’s entirety, in lieu of the 12 hour required and one 3 hour elective, PLUS complete an additional 6 hours of required or elective subject matter prior to your license renewal. OREC’s CE requirement is still a total of 21 hours, regardless of the type of license you hold (unless it’s a provisional license). Questions can be directed to OREC by calling 866-521-3389 or by emailing help@orec.ok.gov.

Check the Continuing Education page in this newsletter and tulsarealtors.com. There will be an opportunity to take the Broker in Charge course at GTAR every month through June, and beyond as needed. Class size is limited to 15, so plan ahead! The classes fill up fast! You can also take the Broker in Charge course online through Charles Barnes—look for the link on tulsarealtors.com.

It doesn’t matter if you are a one-person office or a gazillion-person office, residential or commercial—OREC’s new CE requirement applies to you!

If you answered YES, your OREC CE requirements have changed!

For pricing information and ad specs, click here or call Connie at 918-663-7500.

Hit Your TargetAudience

3,300+GTAR Affiliate Members:

You can buy advertising in the monthly GTAR World newsletter and GTAR Weekly Facts. As a bonus, when you advertise in the newsletter, you’ll also get a banner ad on tulsarealtors.com.

A link to the GTAR World newsletter is emailed to all 3,300+ GTAR associates/brokers at the first of the month. The GTAR Weekly Facts is emailed to all 3,300+ GTAR associates/brokers every Monday.

Banner ads on tulsarealtors.com are available with or without an ad in the newsletter. With a banner ad, you can reach GTAR members AND the public.

This is a monthly feature which reports GTAR and NORES Directors’ actions from the previous month’s Board of Directors meeting.

Directors’Actions

NORES Board of Directors Action taken by the Directors:

Reviewed and acted on correspondence •received.

Approved Contingency as a separate status in •the Fusion MLS system.

GTAR Board of Directors Action taken by the Directors:

Established a committee made up of GTAR and •NORES presidents, GTAR and NORES President-elects, Urban Affairs Chair, and RPAC Chair to develop policies and respond to requests for Independent Expenditure Races.

Authorized the Oklahoma Real Estate Commission’s •Contract Forms Committee to use the residential lease application, residential lease agreement, lease You Need to Know, and leasing Flood Notice in developing OREC versions.

June 2012 13

For More Information on these and other Classes, and to Register Online: Click HereOr log on to tulsarealtors.com: from the main Member Services page, click the red Education Bar, then click Register for Classes

All CE classes are in the GTAR Training Center unless otherwise noted. Cost of classes for members is $15 (pre-registered) or $20 (day of), unless otherwise indicated. Cost for non-members is $30 (pre-registered) or $35 (day of), unless otherwise indicated. Cancellation/Refund Policy: A full refund will be issued on cancellations received the day before a scheduled class—no refunds will be issued after that time; any exceptions to this policy will be clearly stated. Note: If you charge a CE class to your GTAR account and fail to cancel the class by the stated deadline, you are still responsible for paying for the class!

You can also register by calling 918-663-7500 with Visa, MC, Amex or Discover or by mailing a check payable to GTAR: P.O. Box 470603, Tulsa, OK 74147

(*If you previously took this course at GTAR, and are still in the same licensing period at the time of this offering, you cannot receive CE credit this time. Please be advised to keep records of courses that you have taken during a 3-year license period. You will not receive credit from OREC for duplicating the exact same course.)

Broker in ChargeTuesday-Wednesday, June 19-20 8:30 a.m.-5:00 p.m.Instructor: Ann LloydLocation: GTAR North Conference RoomClass Size is Limited to 15*OREC Approved: 15 hours required BIC CE credit

Continuing Education

Fair Housing and Ethical PracticesWednesday, July 18 1:00-4:00 p.m.Instructor: Kathryn Jones*OREC Approved: 3 hours required FHR CE credit

OK Broker RelationshipsMonday, July 23 1:00-4:00 p.m.Instructor: Ann Lloyd*OREC Approved: 3 hours required BRA CE credit

Class Pass Eligible

Class Pass Eligible

Don’t Be Listless! The Listing PresentationThursday, June 219:00 a.m.-12:00 p.m.Instructor: Lori MorganSet yourself apart and get the listing! Realize the necessity to be prepared for the listing appointment with a comprehensive CMA, Absorption Study, and marketing plan, as well as the tools to overcome any objection, answer any questions regarding the area sales, and help the seller prepare for listing and sell their home.OREC Approved: 3 hours elective CE Credit

Working with Buyers: A Planned ApproachThursday, June 211:00-4:00 p.m.Instructor: Lori MorganBe Prepared for the Buyer Presentation! Have the tools to overcome any objection and answer any questions regarding area sales, gain buyer loyalty and trust, and educate the buyer by explaining what can be expected during the home buying process, and problems that could arise. Understand the importance of keeping yourself (the real estate professional) on task, as well as the buyer to have a good buying experience and smooth closing.OREC Approved: 3 hours elective CE Credit Class Pass Eligible

Class Pass Holders: You must register by emailing education@tulsarealtors.com or calling 918-663-7500.

REALTOR® EthicsThursday, July 19 1:00-4:00 p.m.Cost: FREEInstructor: Kathryn Jones*OREC Approved: 3 hours required PSC CE credit

Class Pass Eligible

Mark Your Calendars...Look for More Information in the July Newsletter:Professional Standards SeminarAugust 16; Bruce Aydt

Real Estate Agent Safety TrainingSeptember 6; Tracey Hawkins

CRS 200: Business Planning and MarketingSeptember 17-18; Pat Zaby

New

New

Class Pass Eligible

14 June 2012

FridayMonday Wednesday

Notice to Association Members

“Under the long-established policy of this Association, the Oklahoma Association of REALTORS®, and the National Association of REALTORS®:

1. The broker’s compensation for services rendered in respect to any listing is solely a matter of negotiation between the broker and his or her 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.”

Tuesday Thursday

8:15-9:00 a.m. Staff Meeting

8:15-9:00 a.m. Staff Meeting

8:15-9:00 a.m. Staff Meeting

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148:15-9:15 a.m. Monthly GTAR Commercial Deal-Making Forum

10:30-11:30 a.m. NORES Board of Directors Meeting

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8:15-9:00 a.m. Staff Meeting

Broker in Charge, 8:30 a.m.-5:00 p.m. (Req. BIC CE)

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12:00-2:30 p.m. GTAR Board of Directors Meeting

Industry professionals pronounce it correctly.Industry professionals pronounce it correctly.

June 2012

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9:30-10:30 a.m. Urban Affairs Committee

9:00-10:00 a.m. Sales Associate Committee

1:00-4:00 p.m. Working with Buyers: A Planned Approach (elec. CE)

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9:30-11:30 a.m. Fusion Hands-on Training

Date: Wednesday, June 13Time: 10:00 a.m. - 2:00 p.m.Location: Ti’ Amos (61st and Sheridan) Cost: $15 Members $20 Guests

For Reservations: Call Stacey Pennington at 918-639-9990

June Networking Luncheon

Everyone is Welcome!

You do not have to be

a WCR member!

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2:30-3:30 p.m. YPN

2:00-3:00 p.m. Education Committee

3:00-4:00 p.m. Community Relations Committee

10:00-10:30 a.m. RPML Committee

9:00 a.m.-12:00 p.m. Don’t Be Listless: The Listing Presentation (elec. CE)

3:00-5:00 p.m. NORES Rules & Regs Committee

5:00-7:00 p.m. Experience Art in Tulsa (The Gilcrease Museum)

2:00-4:00 p.m. Fusion Hands-on Training

1:00-4:00 p.m. Fusion Training