REVIEW - REALTORS® Association of South Central Wisconsin

"The Voice
of
Real Estate™
in
South Central Wisconsin"
REALTOR
REVIEW
®
October 2015
M ark Y our C alendar
Ghoulish Gallop &
Irv Stein Memorial Walk
Saturday, October 17
McKee Farms Park
Click here for more information.
I Need Help!
Hiring an Assistant/Building a Team
Friday, October 23
WRA Education Center
Click here for more information.
RASCW Annual Membership
Meeting and Awards Night
Thursday, November 19
Blackhawk Country Club
Click here for more information.
CLICK HERE
To view the
FULL EVENT CALENDAR
I n T his I ssue
Page 2
President’s Message: Mary Duff
Page 3
I Need Help! Hiring an Assistant/Building a Team
MLS News
Page 4
Membership Renewal Notice
Paying 2016 Membership Renewals
Check out our new website design!
Page 5
NAR Placemaking Grants
FREE Home Buyer Education Classes
Page 6
RASCW Commercial Corner
RASCW Annual Meeting and Awards Night
REALTOR® Safety
Remodeling Magazine Cost vs. Value Survey
Page 7
Calendar: October 15 - November 15
Real Estate 2015 and Beyond
Congratulations to WRA Leadership
Page 8
Project Home "Home Maintenance Classes"
Page 9
Continuing Education
21st Annual RASCW Ghoulish Gallop
Legislative Alert
Page 10
Membership Update
V o l u m e
20
•
N u m b e r
10
Congratulations New RASCW Directors
On January 28, 2016, as part of our 100 Year Celebration, the following Members will
be installed as Directors of the REALTORS® Association of South Central Wisconsin for
three year terms:
Jenny Bunbury-Johnson, Bunbury and
Associates, representing broker-owners for a Class I firm (26+ agents)
Stan Hill, Stark Company, REALTORS®,
representing non-owners from a Class
I firm (26+ agents)
Jenny BunburyJohnson
Stan Hill
Jennifer Utter
Jennifer Utter, Sam Simon Real Estate,
representing non-owners from a Class
II firm (<26 agents)
Congratulations to our new Directors and a special Thank You to the outgoing Directors
- 2015 President Mary Duff, 2015 Vice President Kris Terry and Director Kelly Maly - for
their generous donation of time and expertise.
REALTOR® and Affiliate of Distinction Named
Kathie Bahman, RASCW 2015 REALTOR® of Distinction
Kathie Bahman has been named the 2015 REALTOR® of Distinction.
Kathie has been a RASCW Member for 20 years and has served our
Association in many capacities. She is the only member to have served
as President of all three of our corporations – RASCW President in
2003, Housing Foundation President in 2013-2014, and SCWMLS
President in 2014. In addition, she has served on numerous committees along with being an active member of the Professional Standards
Committee.
Joe Theisen, RASCW 2015 Affiliate of Distinction
Joe Theisen of Fairway Independent Mortgage and a RASCW Member
for 25 years has been named the 2015 Affiliate of Distinction. He leads
by example and encourages his team to be active in the Association by
serving on committees, attending education programs and participating
in social events. Joe is a faithful sponsor of Association events and
always willing to participate in educational programs. He is a true professional and supporter of Association Members.
Kathie and Joe will be recognized for their exceptional service to the Association at the
Annual RASCW Membership Meeting and Awards Night being held the evening of
Thursday, November 19, 2015 at Blackhawk Country Club. Click here for event and
registration details.
RASCW Ghoulish Gallop & Irv Stein Memorial Walk
VOLUNTEERS NEEDED!
Click here to sign up.
Saturday, October 17th
McKee Farms Park, Fitchburg
An official publication of the REALTORS® Association of South Central Wisconsin and the South Central Wisconsin MLS Corporation.
President’s Message: Mary Duff
REALTOR
REVIEW
®
A REALTORS® Association of
South Central Wisconsin
Publication
OFFICERS OF THE ASSOCIATION
Mary Duff, President
443-4815
Kristine Terry, Vice President
393-0891
Dewey Bredeson, Treasurer/President-elect
831-0500
DIRECTORS
Charlotte Eversoll 778-5915
Jason Geiger
277-2167
Brandon Grosse
577-9860
Jeff Hauser
271-5444
Marcia Howe
223-2184
Kelly Maly
243-8234
Carla Nowka
310-4636
Jamie Phephles
963-6923
Tom Weber
241-8307
EDITORIAL STAFF
Kevin King, Editor-in-Chief
Ann McGinty, Communications Coordinator
The purpose of the REALTOR Review is
to inform its Members of events, issues
and accomplishments pertaining to the
REALTORS® Association of South
Central Wisconsin.
“Your assumptions are your windows on the world. Scrub them off every once in a
while, or the light won’t come in.” -Isaac Asimov
We all make assumptions every day – about our family members, our clients & customers, and certainly about each other. When we work with clients who are friends
of ours, for example, sometimes we skip parts of our process because we make
assumptions about what they know about our work. Inevitably there is a hiccup down
the road that could have been prevented had we stuck with our process of explaining
things, the way we do with clients who were "strangers" before working together.
In family dynamics, we easily assume we know what each other needs or wants in certain situations
because we think we’ve been there before with that family member. And yet, circumstances change and
needs evolve – it’s usually best to ask what we can do or not do before assuming anything.
I am sure you have been involved in a transaction with another agent or loan officer who perhaps isn’t as
friendly to deal with this time around. We may assume they are being difficult or not attentive – when we
may later learn that they have a sick family member or some other life challenge to address. It’s tough to
backtrack in sympathy when we leap into our own assumptions too quickly.
As RASCW leadership we sometimes make assumptions regarding what our Members know about their
benefits and association goings-on. RASCW was not on my radar much when I started out in real estate
but once I started paying more attention, I learned about the many facets of this organization and how it
benefits my individual practice the more I know & get involved. So, I encourage you to start – simply by
reading the Realtor® Review. Encourage your colleagues to do the same. The fun contest, "Find Your
Name," kicks off this month and runs through the December release of the newsletter. Read on for more
details – but suffice it to say, we simply do not wish to assume that you read all of the important information contained herein on a monthly basis. Hopefully you’ll play along and learn as you do.
I love this part of a larger quote from Miguel Ruiz, author of The Four Agreements: A Practical Guide to
Personal Freedom: “We make all sorts of assumptions because we don’t have the courage to ask questions.” I charge our leadership and each other to be courageous, ask more questions, scrub off our windows and let the light shine in! We will all be better for it. (Because you know what happens when you
assume...  )
Find Your Name for a Chance to Win FREE RASCW Dues for 2016
We have randomly selected the names of three members and included them in this newsletter. Find your
name in brackets with your last name first – [Smith, John] and notify Patricia at the RASCW office: [email protected]. Your name will be entered into a drawing to receive free RASCW dues for 2016 - $170
value. We will run this contest for the next three months. The drawing will take place on December 14
with up to three winners. Good luck!
®
If you would like to submit information, story
ideas, or articles for inclusion in the
REALTOR® Review please contact Kevin King
at [email protected].
See us for
Home Loans
Our team has more than 55 years of
experience in home lending. Let us
help you make customer dreams
of owning a home come true!
Submit typewritten articles, with contact
name and phone number to:
RASCW
4801 Forest Run Road, Suite 101
Madison, WI 53704-7337
Phone: (608) 240-2800
Fax:
(608) 240-2801
Eric Sweeney
[email protected]
NMLS #1113922
Katie Simon
[email protected]
NMLS #500033
Tom Wellman
[email protected]
NMLS #539874
IN MIDDLETON
8329 Murphy Dr. • (Near Costco)
608.203.9786
www.rivervalleybank.com/middleton
Items submitted in Microsoft® Word programs
are also welcome.
www.rascw.org
Others know rec land &
country home financing.
WE KNOW IT BETTER.
©2015 Badgerland Financial, ACA. NMLS ID 458065.
2
REALTOR® Review • October 2015
(877) 789-9058
badgerlandfinancial.com
I Need Help!
From Hiring an Assistant to Building a Team
Friday, October 23, 2015
9:00 a.m. – 11:00 a.m.
(Registration opens at 8:30 a.m.)
WRA Education Center
4801 Forest Run Road, Madison
If you find yourself overloaded with work and need help, this program is for
you. As you prepare your business plan for next year, one goal may be to enhance your quality of life by working smarter. We’ve assembled a panel to
highlight their experiences to help you get started.
MLS News
Visit www.scwmls.com for expanded details.
South Central WI MLS Database Changes
– September 29, 2015
To further advance work being done to align
data elements with the Metro Milwaukee and
Northeast WI MLSs, the following changes
were made on September 29. There is still
work to be done, but we have opted to break
it into stages to minimize disruption in your
work flow.
Updated profile sheets can be found on the
Profile Sheet Portal. Profile sheets in ZipForms
have also been updated.
Panelists:
Jo Ferraro, Century 21 Affiliated
Jodi Fisher, IMPACT Virtual Services
Josh Lavik, Keller Williams
Lisa Mohar & Renee Christman, First Weber Inc
Kellie Unke, Stark Company, REALTORS®
Added
- Architecture Features - Log Home & A-Frame
- Basement Feature - Shower Only
Moderator:
Cori Lamont, WRA, Director of Corporate and Regulatory Affairs
This is a FREE program, but seating is limited.
Please email [email protected] to reserve your spot.
Sponsored by:
- Basement Features- Poured Concrete
Foundation, Block Foundation, Other
Foundation
- Garage Feature - Alley Entrance
- Interior Feature - Split Bedroom (master on
other side or different level than other bedrooms)
- Interior Feature - Separate Living Quarters
(must have separate entry from outside)
Presented by:
REALTORS® Association of South Central Wisconsin Professional Development Committee
- Waterfront Features - Stream & Boat House
- Farm Feature - Pole Building
Removed
- Legal Description (all classes but vacant land)
- Lot Description Feature - On dead end
- Kitchen Feature - Breakfast Nook
- Interior Features - Painted Wood Trim & 9’
Ceilings on main level
- Exterior Feature - Front Porch
- Feet of Waterfront Ranges (we now collect
actual feet of water frontage)
BECAUSE SOME DREAMS ARE JUST BIGGER
Call our Mortgage Team today!
- Terms/Misc Features - Cash & Neighborhood/
Additional Fees (we now collect actual homeowner assoc dues)
McFarland • Stoughton • Sun Prairie
608.838.3141
Equal Housing Lender NMLS# 596586 • Member FDIC
www.msbonline.com
- The whole ROOF feature
- The whole APPROX MILES TO CAPITOL feature
Changed
- Exterior Feature of Brick/Stone has been separated. Current listings were converted to both
Brick and Stone.
Offer valid for purchase or refinancing of single family homes only. The property in question must be the primary residence of the
individual securing the loan. Applicant must start employment in the medical field within 60 days of closing on the loan. Capitol Bank
must receive proof of employment commitment prior to loan closing. Applicant needs a contract for residency or employment or must
currently be employed as a physician, fellow, or resident. This offer is for medical doctors only as defined by the U.S. federal government.
The maximum loan amount for this offer is $750,000. Subject to credit approval. Terms and conditions subject to change without notice.
3
REALTOR® Review • October 2015
- Only feature groups designated with an (R) are
required to have an entry. Feature groups for
which a selection is no longer required are:
Kitchen Features, Interior Features, Exterior
Features, Terms/Misc., Occupancy, Barrierfree, Green Features, Farm Features, and
Condo Common Amenities. If a listing had just
N/A as a selection, N/A has been deleted.
This allows more room on our reports as unrequired feature groups with no selections do
not display.
Membership Renewal Notice
Thank you in advance for renewing your Membership in the REALTORS® Association of South Central Wisconsin! The 2016
Membership Renewal invoices will be arriving at your preferred address this month.
As your local Association, it is our responsibility to collect dues on behalf of the Wisconsin REALTORS® Association and the
National Association of REALTORS®. Your Membership Renewal reflects the following:
• NAR dues are $120 plus $35 for the annual Public Awareness Campaign for a total of $155.
• WRA dues are $298 for REALTOR® Members and $271 for State Affiliate Members. Renewals received after December 31,
2015 will be subject to the WRA reinstatement fees of $75 for REALTORS® and $25 for Affiliates.
• RASCW dues are $170 for both REALTOR® and Affiliate Members.
Renewals received after December 31, 2015 will be subject to a $25 RASCW reinstatement fee.
There are three voluntary contributions included on your Membership Renewal.
• The first is a $15 contribution to the RASCW Housing Foundation. The Foundation is your non-profit corporation dedicated to
making homes affordable by providing low interest, deferred payment loans to qualified individuals to be used for the down
payment and/or closing costs associated with the purchase of a home. Contributions to the Foundation are tax deductible as a
charitable contribution. Please consider making a contribution to assist a new home owner in 2016. Click here to learn more
about the Housing Foundation.
• The second is a $35 contribution to RPAC. At
the direction of the RASCW Board of Directors,
these funds may be contributed on a nonpartisan basis to candidates for public office who
support and protect the rights of home ownership and real estate interests important to your
business.
Check out our new website design!
www.rascw.org
•Lastly is a $10 voluntary contribution to
the Wisconsin REALTORS® Foundation.
Contributions to the Foundation are tax
deductible as a charitable contribution.
Paying 2016 Membership Renewals
Please note that credit card payments will only
be accepted online.
Integrity Home Inspections
of
South Central WI, LLC
To pay by VISA or MC, go to www.rascw.org
and click on the Pay Dues Online link at the top
of the page.
Ed Anderson - Owner
Designing, Building, Inspecting
for over 36 years.
This service is handled by the National
Association of REALTORS® (NAR) and is only
available through December 31, 2015.
Monkey wrench not included.
Exceptions to paying online:
• The discount for Senior and Elder dues is not
reflected online.
• The online service is not available to local
Affiliate Members (State Affiliate Members are
able to use the online service.)
Senior, Elder and local Affiliate Members, please
call the RASCW office at 608-240-2800 if you
wish to pay your dues by credit card.
To pay by check, detach the lower half of your
Renewal Notice and send check payable to
RASCW, 4801 Forest Run Road, Suite 101,
Madison, WI 53704.
All Membership Renewals received after
December 31, 2015 will be subject to reinstatement fees. No exceptions will be granted.
If you have any questions, please contact the
RASCW office at 608-240-2800.
4
REALTOR® Review • October 2015
Call or Text (608) 206-4950
e-mail [email protected]
Visit my Website for more information and prices www.ihiscw.com
NAR Placemaking Grants – An Opportunity for Our Members and Our Communities
A portion of your Member dues are sent to the National Association of REALTORS®, where they provide many benefits to the
REALTOR® community. One that you may not be familiar with is the funds sent back to local associations in the form of grants. In
recent years, RASCW has successfully applied for a number of these grants to enable our involvement in projects like the Vilas
Greenbush Neighborhood Revitalization project in Madison.
Now, NAR is making small grants available to local associations for "Placemaking" projects. These micro-grants are from $500$2000 and are designed to help our Association and our Members make our communities better places to live and work. This
Placemaking Initiative helps transform and improve public places, and make neighborhoods and communities more welcoming and
desirable places to live. This, of course, makes properties around these locations more desirable and thereby improving property
values.
Placemaking grants can support such projects as:
• Cleaning up a vacant lot and creating a public garden.
• Working with the municipality to plant flowers or trees in public right-of-way.
• Improving an existing park – perhaps by adding playground equipment.
• Creating a neighborhood event that brings people together and helps create a sense of community.
• Helping to improve an historic building [Hanson, Tamie] or create an historic walking tour.
The possibilities are only limited by the imagination of our Members. We are asking you to help us take advantage of the grants our
Association can win each year. Send us your ideas and we will prepare and submit the grant application. When you consider a project, ask yourself and your colleagues:
• How does the project relate to its surroundings? Will the result be readily accessible? Will it be available to everyone?
• Does the project improve the image of the neighborhood and/or community?
• Will the new space have uses and provide activities that benefit people? A pleasant garden, a play area, trash removal along a
stream or a walking path all enrich peoples’ lives.
• Will the project encourage people to socialize with their neighbors and those in the community?
These grants are a great opportunity to reinforce the image of REALTORS® as active, involved citizens. Who knows, your project
may become the seed and model for great things. Contact RASCW Government Affairs Director Robert Procter with your ideas at
608-283-6762 or [email protected].
FREE Home Buyer Education Classes
Presented by GreenPath, Home Buyers Round Table of Dane County and Project Home.
Where: Project Home’s Training Center, 1970 S. Stoughton Road, Madison
When:
Tuesday, October 13 and 20 - 6:00 pm – 9:30 pm
Tuesday, November 10 and 17 - 6:00 pm – 9:30 pm
To register, please call Michelle at Project Home 608-246-3737 Ext.2000 or email [email protected].
Space is limited.
Jumbo mortgage loans with low fixed rates
FOR YOUR BIGGER DREAMS.
Learn more about our jumbo mortgage loan
special at www.parkbank.com
ParkBank.Com | 608.278.2801
5
REALTOR® Review • October 2015
EQUAL HOUSING LENDER | MEMBER FDIC
RASCW Commercial Corner
Greater Madison Area
by Ralph Kamps and Rob Helm, CSC Co-Chairs
October 2015 - Asking Lease Rates
Office Rates
Ralph's Picks for the Month
East: $12.36
Central: $17.99
West: $14.36
How to make some money tenant repping
http://www.reoptimizer.com/real-estate-optimization-blog/top-reasons-why-youll-benefit-from-a-tenant-rep-broker?utm_
source=hs_email&utm_medium=email&utm_content=22072901&_hsenc=p2ANqtz--lWavCDBi9O885RQF4kW8h_
RPC4fI4ZuHYWoFfwZm8xsdGVW7j9OsPv23MG8uk5zhAwauD6tM215sLjyAelWpa1GdxqA&_hsmi=22072901
Asking rates Office from 08/31/11 – 10/31/15
Retail Rates
East: $12.25
Central: $20.49
West: $16.04
RSK says: If you are new to Tenant Representation, here is a good start and a good way to
get started in commercial real estate.
Asking rates Retail from 08/31/11 – 10/31/15
Office/Whse
East: $5.97
Central: $8.27
West: $6.44
Probably the coolest office building in the world and where office buildings are headed in the
future. A must read....you will be amazed and delighted.
Asking rates Office/Warehouse/Flex from 08/31/11 – 10/31/15
http://www.bloomberg.com/features/2015-the-edge-the-worlds-greenest-building/
RSK says: This is so uber cool...if you only view one article this week or this month for that
matter...make it this one.
Click Here
for the October
Asking Lease Rates
REALTOR® Safety
RASCW Annual Meeting and
Awards Night
Thursday, November 19, 2015
Blackhawk Country Club
(3606 Blackhawk Drive, Madison)
Registration / Networking: 5:30 p.m.
Food Served: 6:30 p.m. • Program: 7:00 p.m.
Cost: $25.00
Menu: Heavy Hors-d'Oeuvres
Cash Bar
Meeting Highlights Include:
State of the Association Address by RASCW
President Mary Duff
State of the MLS Address by SCWMLS
President Bev Anderson
Recognition of REALTOR® of Distinction
& Affiliate of Distinction
Presentation of Membership Year Pins
and Emeritus Members
Presentation of Ghoulish Gallop Proceeds
to RASCW Housing Foundation
Presentation of Cindy Strange
"Pay It Forward" Award
Recognition of Outgoing Committee Chairs,
Directors and Presidents
Click here for more information or to register.
6
REALTOR® Review • October 2015
Introducing The Little Red Book: Safety Rules to Live By
for REALTORS®, the ideal safety resource for new and
seasoned agents. [Binkley, Mary] Created with input
from more than 1,000 NAR members, this product
focuses on the instructions, philosophies and rules
members of NAR utilize to establish professional safety
protocols in their business. Order your copies now and
save 10% when you use code LRB10. Visit store.realtor.org today!
Calendar: October 15 - November 15
Friday, October 16
Ghoulish Gallop Committee – Grab Bag Stuffing
9:30 am – RASCW/SCWMLS Conference Room
Monday, November 2
Paragon™ Basic
9:30 am – SCWMLS Training Room
Monday, October 19
Paragon™ Basic
9:30 am – SCWMLS Training Room
Wednesday, November 4
Membership Networking Committee
9:00 am – Preferred Title
Wednesday, October 21
SCWMLS Board of Directors
11:00 am – RASCW/SCWMLS Conference Room
Thursday, November 5
Affordable Housing Equal Opportunities Committee
9:00 am – RASCW/SCWMLS Conference Room
Thursday, October 22
RASCW Board of Directors
9:00 am – RASCW/SCWMLS Conference Room
SW Membership Networking Committee
9:30 am – Livingston Bank, Platteville
Friday, October 23
MLS Committee
9:00 am – RASCW/SCWMLS Conference Room
Thursday, November 12
Professional Development Committee
8:30 am – RASCW/SCWMLS Conference Room
I Need Help! From Hiring an Assistant to Building a Team
9:00 am – WRA Education Center
CLICK HERE
CLICK HERE
CLICK HERE
RASCW Event
Calendar
Committee Descriptions
Register for
Paragon™ Training
is on our new website!
Join a RASCW committee today!
Committee Selections
on-site classes & webinar based
Real Estate 2015 and Beyond
On September 21, 2015, RASCW, in conjunction with the NARI-Madison Chapter, was pleased to present Jonathan
Smoke, Chief Economist of REALTOR.com. Entitled "Real Estate 2015 and Beyond", Jonathan developed and translated
real estate data and trends into accurate and relevant consumer and industry insights which he has graciously given permission to share with all RASCW Members. [Ripp, Rena] Click HERE for Jonathan Smoke’s PowerPoint Presentation.
Congratulations to WRA Leadership
Congratulations to KC Mauer from Appleton on his installation as the 2015-16 Chairman of the Board of the Wisconsin REALTORS® Association.
Joining KC on his Executive Committee are RASCW Members Erik Sjowall, WRA Chairman-elect and Peter Sveum, WRA Treasurer. In addition,
RASCW Members Mary Duff, Jim Imhoff, Jr., 2014-15 Chairman Dan Kruse, Laurie Logan, Kathy Pals, Robert Procter and Mike Roessler have
been elected to the WRA Board of Directors. Please take a moment to thank and wish good luck to each of these RASCW Members for their
participation and leadership on our behalf.
Looking for a New
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surprises? Who turns your loans around fast?
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* Closing cost credit valid on construction loans and first mortgage purchase and
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Foundations for Families products. This offer is available for loans with applications
dated from September 1, 2015 through December 31, 2015. The closing cost credit
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State Bank of Cross Plains mortgage offers and is subject to change.
Because you deserve a good relationship
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•
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7
REALTOR® Review • October 2015
•
Project Home "Home Maintenance Classes"
Classes are free and open to the public. Advance registration is required. Please call (608) 246-3737 Ext. 2000 or email michellek@
projecthomewi.org to register. All classes are from 6:30 pm to 8:00 pm (unless otherwise noted). All classes will be held at 1966
S. Stoughton Rd., Madison, WI 53716 (unless otherwise noted). Classes are taught by Project Home staff and other local, skilled
professionals.
2015 - 2016 Class Schedule
Mon. Oct. 26 - Attics, Basements & Crawlspaces (1:30 - 3:30 pm at Madison Central Library Room 302). Learn about the 3 most
common culprits of energy loss. Understand how air sealing and insulating need to work together to improve the energy performance
and comfort of your home. See insulation samples and learn about different air sealing products.
Wed. Nov. 11 General Heating System Maintenance Learn about what you can do to help maintain your heating system and what
to ask for when your furnace is serviced by a heating professional. Plus we will have our training furnace on hand to review the
components of a forced air furnace.
Thur. Dec. 10 Basic Household Plumbing Ever had problems replacing a toilet, sink or faucet? Learn the basics, the importance of
the right tools and things to look out for. Also receive info on how to deal with drain problems and maintain your drainage system.
Wed. Jan. 13 Saving Energy in Your Home Have you ever looked at your energy bill and wondered….."What can I do to lower these
costs?" Or thought…. "How can I do my part to help save energy and the planet?" Attend this class to hear about simple steps
you can take to reduce your energy usage. These tips and strategies are low-cost, easy to implement and cost-effective approaches to help you save energy and money.
Wed. Jan. 27 Common Bathroom Repairs & Replacements (From Floors to Shower Installs) Madison Central Library Room 302.
Bathrooms can be tricky projects to tackle, but some general knowledge can go a long way. Join us for this class as our Certified
Remodeler, Bob Weirough, will give you the basics for some of the most common bathroom upgrades and repairs (flooring, faucets
and shower installs). The right products and tools are very important to the success and longevity of any bathroom project.
Wed. Feb. 17 Water & Mold Issues (this class is 2 hours, 6:30pm to 8:30pm). If you've ever had water enter your home (either in
your basement, through the walls or a roof leak) you know first-hand the types of problems it can cause. There are solutions and
preventative steps that can keep water out of your house. We are lucky to have long-time home inspector, building scientist and
mold and indoor air quality expert, Don Robbins show us the way. For more about Don - www.buildingforensics.biz/index.html
Wed. Mar. 9 All Things Painting: Tips from a Pro (Madison Central Library Room 302) Professional painter and longtime Paint-a-thon
volunteer, Eric Welch, will share his expertise with you. Tips, techniques, safety set-up and precautions, advice about painting
products and supplies (both interior and exterior) -- get the answers to all your painting questions. For more about Eric visit his
website: www.ericwelchpainting.com.
Wed. Mar. 30 Basic Home Maintenance (Spring) Once the snow has melted and Spring has sprung - it's not just Spring cleaning
time...it's Spring home maintenance time! At this class we will discuss the things you need to check on, each year, in order to keep
your home safe and healthy. If you stay on top of these maintenance items, it will help you avoid problems and costly repairs down
the road.
Class dates or times may be changed or cancelled without advance notice if necessary. Home Maintenance Classes are held at
Project Home, 1966 S. Stoughton Rd., Madison, WI (unless otherwise noted). Our office is in a strip mall on the S. Stoughton
frontage road between E. Buckeye Rd. and Pflaum Rd.
RESPA-TILA Changes Are Here
 Clients must receive their Closing Disclosures a minimum
of three business days prior to closing.
 Last minute changes, amendments or negotiations that
impact these documents after a loan is approved will
delay closings.
We’re ready for the changes and will help your clients
through the process in a timely manner. See how
RESPA-TILA changes impact your clients. Watch our
video at youtube.com/uwcreditunion.
8
Oct_7x3.5_RealtorReview.indd
1 2015
® Review • October
REALTOR
9/29/15 2:31 PM
Continuing Education
21st Annual R ASCW Ghoulish Gallop
& Irv Stein Memorial Walk
Michelle Harrison, WRA Education Director
Effective October 1, 2015 there is a change in Continuing
Education requirements (see Wis. Admin. Code § REEB
25: Education).
S aturday, O ctober 17, 2015
M c K ee F arms P ark , F itchburg
All licensees will be required to complete the 18 credit
hours of continuing education, including for the biennium
during which they were licensed. Therefore, there is no
longer an exemption for newly licensed people from the
continuing education requirement during the biennium
they first receive their license.
However, one group will be exempt - a salesperson that
received a license after October 1 of the even year of the
biennium will not be required to complete continuing education for that biennium. Brokers will not receive any
exemption. For example, if a salesperson received their
license October 15, 2016 they would NOT be required to
complete continuing education for the 2015-2016 CE
biennium.
10K & 5K Run/Walk
To Benefit:
This requirement will apply for the 2015-2016 biennium.
www.ghoulishgallop.com
Please watch for WRA Director of Corporate and
Regulatory Affairs Cori Lamont’s article in the October
2015 Wisconsin Real Estate Magazine for further insight
to this change.
Click here to sign up on volunteer spot.
VOLUNTEERS NEEDED
REGISTER NOW
Click here to register on active.com.
All Wisconsin real estate licenses must be renewed by
December 14 of even-numbered years. There are four
mandatory courses and four DSPS-approved electives.
Licensees must complete the four mandatory courses and
two electives from the DSPS-approved electives list.
LEGISLATIVE
WRA
legislative
alert
Mandatory Courses (All licensees must take courses 1-4).
Course 1
Wisconsin State-Approved Listing Contracts
Course 2
Wisconsin State-Approved Offers to Purchase
Course 3
Wisconsin New Developments
A look at how current WRA-supported legislation
is moving and making progress toward preserving
and protecting a healthy real estate economy.
Course 4 Ethics & Fair Housing in Wisconsin (includes
NAR ethics requirements)
Historic Rehabilitation Tax Credits
Preserved (HTC)
Elective Topics
(Licensees must take two of the following)
Elective A Disclosures in a Wisconsin Transaction
The 2015-17 state budget maintains the 20 percent
state tax credit with no overall caps for historic
rehabilitation projects, which have generated an
estimated 2,800 jobs statewide and $353 million in
revenues for Wisconsin's economy since the tax credit
was increased from 5 percent to 20 percent in 2013.
Elective B Risk Reduction for Wisconsin Salespeople
and Brokers
Elective C Inspections and Testing in Wisconsin
Transactions
Elective D Wisconsin Condominiums
Background:
Upcoming Classes at WRA (Madison)
The HTC program benefits the state and local
economies by creating jobs, generating tax revenue,
and revitalizing local communities.
October 28: CE B (8:30 am) and CE D (1:00 pm)
Since January 2014, $35 million in tax credits has
leveraged $278 million in direct spending related to
25 historic tax credit projects.
October 15: CE 3 (8:30 am) and CE 4 (1:00 pm)
October 29: CE B (8:00 am) and CE C (1:00 pm)
Register at www.wra.org.
Click on the Continuing Education tab.
WIREALESTATEMAG • OCTOBER 2015
Upcoming Classes in Green Lake
30
9
REALTOR® Review • October 2015
The HTC program is the closest thing to a sure bet in
the economic development world.
What's in play:
Proposal: A budget amendment that maintained
the current 20 percent HTC with no overall caps or
per-project caps for historic rehabilitation projects in
Wisconsin.
Introduced by: Sen. Rick Gudex (R—Fond du Lac),
Rep. Andre Jacque (R—De Pere), and Rep. Rob
Brooks (R—Saukville).
Bill status:
The 20 percent HTC amendment was passed as part
of the state budget signed into law by Gov. Walker.
drafting introduced committee
review
sen/asb
vote
passed/
defeated
The WRA engages in advocacy on behalf of
REALTORS® and property owners through a variety
of programs including:
REALTORS® POLITICAL ACTION COMMITTEE
M
e m b e r s h i p
U
p d a t e
New Members
Jessica Albers
Exclusive Real Estate Group, Inc.
Zachary Hines
RE/Max Connections
Angela Noltimier
Green Lake Real Estate
Juanita Tomlinson
Fast Action Realty
Polly Bernard-Buehrle
Keller Williams Realty
Debbie Hug
Keller Williams Realty
Kelli Parsons
Building Equity Development
Stephanie Walls
Property Revival Realty
Reda Dauksys
Century 21 Affiliated
Gerry Ivanova
Capella Realty Group, LLC
Shawn Pfaff
First Weber Inc
Brittany Werrline
Century 21 Zwygart Real Estate
Lisa Engel
First Weber Inc
Lynette Johnson
Keller Williams Realty
Dan Presser
First Weber Inc
Mike Weyh
Keller Williams Realty
Jerome Goeden
Stark Company, REALTORS®
Ally Kenison
Realty Executives Cooper Spransy
Dwaine Sievers
Badger Realty Group
Lori Wild
Keller Williams Realty
Savannah Hauglid
Century 21 Affiliated
Elizabeth Kerwin
Keller Williams Realty
John Stolen
First Weber Inc
Jennifer Wilkie
Stark Company, REALTORS®
Bill Henry
Yahara Realty, LLC
Michelle Meyer
Restaino & Associates
Crystal Stoudemayer
Keller Williams Realty
Tibor Zana
Restaino & Associates
Membership Transfers
NAME
Ismail Awadallah
Jeffrey Beck
Randy Christianson Helen Feaster
Amanda Jones
Cindy Mack
Daniel Miller
John Nicksic
Nick Simon
Tammy Steiner
John Stenklyft Chris Venden
Jeffery Weber
FROM
Keller Williams Realty
First Weber Inc
Coldwell Banker Success
Keller Williams Realty
Keller Williams Realty
Summit Credit Union
Keller Williams Realty
Lake & City Homes Realty
Keller Williams Realty
Keller Williams Realty
Coldwell Banker Success
Keller Williams Realty
Wilde & Associates
TO
Restaino & Associates
Cherokee Park Inc
Stark Company, REALTORS®
Century 21 Affiliated
Platteville Realty LLC
Johnson Bank
RE/Max Preferred
Building Equity Development
Sam Simon Real Estate, LLC
RE/Max Preferred
Stark Company, REALTORS®
RE/Max Preferred
Century 21 Affiliated
N e w O f f ic e s
Home Hunters Property Management
Reedsburg, WI
10
REALTOR® Review • October 2015
Yahara Realty, LLC
DeForest, WI
AFFILIATES
Jean Moore
Home Hunters Property Management
Alishia Napier
Marine Credit Union
Congratulations to the 32 new
Members who completed Orientation
in September sponsored by Margaret
Landphier & Cindy Mack, Johnson Bank.
Thank you to Bonnie Dixon, Judi Kessler,
Robert Procter, Kevin King, Laura Lahti
and Mary Duff for sharing their
knowledge and time as September
Orientation Instructors.
You did an excellent job!