View - Rogue Valley Association of REALTORS
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View - Rogue Valley Association of REALTORS
Rogue Valley Association of REALTORS ® & Southern Oregon Multiple Listing Service The Voice ofREAL ESTATE®in the Rogue Valley October 201 3 629 Franquette Street, Medford OR 97501 541 770 7060 INSIDE THIS ISSUE Executive Report Membership Count Members on the Move President's Report Assistance Contact Information Education Corner October Trivia October Sudoku REBAC Class Info: SRES NAR 201 3 Profile of Real Estate Firms 2 2 3 4 4 6 6 7 8 10 OCTOBER 201 3 NAR 201 3 Member Profile Help Desk: Saturday and Suspended Ashland Golf Tournament Pics Jackson County August Stats Josephine County August Stats Our Affiliates Contact Information October Calendar Mission Statement 12 15 16 18 20 22 23 23 24 Notes From Your Executive Officer Tina Grimes Listingbook training classes a certification name above for more couple of weeks ago. We hope all info. And speaking of certifications of our real estate licensees have and designations, be sure to check gone to www.listingbook.com and out the SRES designation course created an account. Everyone has coming right here to the RVAR access to the basic package, office (see page 8 & 9 for details). which is feature rich, as part of the regular SOMLS tools and services. SAVE THE DATE – There are a Then you have the option to number of changes being made to upgrade to the pro version, which various forms for 201 4. RVAR and is an additional cost, but may end OREF will be providing a class on up saving you money overall as the changes at the Rogue Valley you may be able to combine Country Club on January 1 0, 201 4. multiple products into this one. If Significant information will be What a great year this has been! you missed the trainings OR if you provided on well addendum Both the RVAR and SOMLS have been using it, but have new changes, historic addendum, newly Boards of Directors end their board questions, we will be doing created investment property form year in a couple of weeks and the th additional training classes Nov 4 and across the board changes on 201 4 board year starts November 1 2th. You had two amazing Boards thru 6th. More details coming soon all of the sale agreements and perhaps a few other areas yet this year with two Presidents who on the exact class schedule, so stay tuned. developed. The 201 4 Oregon got the job done. Between the two Forms Summary will be uploaded of them we started a local chapter NAR's has launched a brand new to www.orefonline.com by of YPN, opened a branch office in certification - the Military Relocation December 1 0th and the 201 4 Josephine County, launched a comprehensive new client relation Professional (MRP) certification. ® Oregon Forms Library will be This certification is for REALTORS uploaded the last week of tool - Listingbook, dramatically who help relocating military December. increased awareness of the impact personnel buy, sell, and rent their of RPAC as evidenced by an I hope you not only enjoy this issue investment level more than double home and provides NAR's members with resources to of the REConnect, but will take at last year, and MUCH more. The accommodate current and former least one thing away from it that will staff and I are very appreciative of military service members at any help you in your business. If you the time and dedication of Don stage of their military career, and is do, then we have succeeded. Livingood and Adam Bogle and all an approved elective for NAR's of the board members who Accredited Buyers Representative® Have a great month, volunteer their time to make sure (ABR) designation. Click on the Tina RVAR and SOMLS are the best organizations they can possibly be. We are looking forward to Current RVAR Membership Counts maintaining the momentum in the coming year with Barbara Brown, O 781 REALTOR® Members (740 Real Estate Licensees & 41 Appraisers) 201 4 RVAR President, and Dave Wright, 201 4 SOMLS President, at O 25 Affiliate firms and 1 1 8 Affiliates in those firms the helm. O 42 Appraisal Firms Thank you to all of you who took the time to attend one of the O 1 50 Real Estate Firms 2 O cto b er 2 0 1 3 RE C o n n ect Members on the Move REALTORS® New to SOMLS Century 21 Harris & Taylor Adrienne Cervantes Century 21 JC Jones American Dream James Brennan John L Scott, Grants Pass Chad Guthrie Windermere, Grants Pass Jerry Weskirchen Mark Johnson Martina Sutton Mary Hart Mel Atkins Michelle Jenchs-Brown Paul Niehaus Richard Parsons Suzanne Dippner New to RVAR and SOMLS John L Scott, Medford Kim Locklin Junction Realty Annita LeGaux Douglas Stohlman Patricia Brown Tonya Box Larry Kier - RE/Max Ideal RE/Max Ideal Brokers, Medford Brokers, Grants Pass Susan Clemmons Tamra Borjas - Windermere Rogue Valley Real Estate Southern Oregon Real Estate Terri DuBeau - Terri DuBeau David Machado Real Estate Lisa Collins Marvin Farthing Walt Veldink William Donovan Transfer Dream House Realty Deborah Dazzo Finish Line Real Estate Cody Croslow REALTOR® Offices Home Quest Realty Bill Lankford Richard Evans Windermere, Grants Pass 980 SW 6th St #1 4 Grants Pass, OR 97526 John L Scott, Ashland David Lively John L Scott, Medford Gina Bushey New to RVAR and SOMLS Applegate Valley Realty, Murphy 6953 Williams Hwy Murphy, OR 97527 Junction Realty Keller Williams Realty, Grants Pass 1 1 1 N. Redwood Hwy Dana Smith Cave Junction, OR 97523 The Alba Group Martin Casper Keller Williams Realty, Grants Pass Mary Parsagian Reactivated John Owens - Windermere Van Keller Williams Realty, Medford Vleet, Jacksonville Leon Aspen Pulver & Leever Real Estate Alycia Beers New to SOMLS Inactive Anna Houppermans - Coldwell Banker Pro West, Ashland Becky Johnson - John L Scott, RE/Max Ideal Brokers, Grants Pass Medford Stacey Hyde WWW. RO G U E VALLE YRE ALTO RS . O RG Southern Oregon Real Estate 237 SE J St., Ste B Grants Pass, OR 97526 Address Change Home Quest Realty 1 575 E. McAndrews Rd., Ste 200 Medford, OR 97504 Inactive Terri DuBeau Real Estate 3 President's Report Don Livingood faces that have, and are coming on board. It has always been my belief that we need to generate some interest and excitement with the younger generation or we are going to slowly fade away! Thanks to everyone on the RVAR Board that helped me through the year. There were several thoughtful and sometimes intense conversations that took place this year, all to the good of RVAR. Thanks also to the Committee Chairs and the rest that volunteered their time and efforts. “Business as Usual” only happens because of Greetings, the work and efforts these folks put in. I think you all know that our Well the year has passed and I am Affiliates are very much involved writing to say “Thank You” for with our committees. A big “Thank allowing me to hold this position You” to them; they are a very big and represent you for the past few part of our organization! And of months. While it was a fairly noncourse I would have been lost eventful year, kind of business as without Tina and the wonderful, usual with a few small successes; it hardworking staff. They are the glue was, nevertheless, a pretty good that holds it all together, year to year all in all. year. Chair. Together they have assembled a great core committee and have held several fun filled events. Be sure to attend one if you get the chance. We are already getting state wide recognition of the efforts and excitement this new organization is generating. I am very proud of them and the job they are doing. Be sure to check them out and get involved. They ARE the future of our business! One of the very best things I did on my watch was to help get Barbara Brown involved as Incoming President. She has been a tremendous help to me this year. She helped keep me on track when I was tending to become a little too intense! She has a wealth of experience with the REALTOR® Associations and fully embraces the YPN movement. She is going to be a great president for us. Please respond to her requests as she is in the process of defining her committees for next year. Get involved. Make a difference. Go Quite a few of you stepped up to Many of you are already aware that Team! the plate in answer to my plea for we have formed the Young more new folks to become Professional Network (YPN) Thanks again for allowing me this involved with the Association and committee within RVAR. Amanda opportunity. I am looking forward to for that I am most grateful! And it is Tucker has been appointed as another great year serving as Past very nice to see the new young Chair and Gabi Richmond as Vice- President under Barbara! Assistance Contact Information RVAR / SOMLS for education, events or membership RAPATTONI for MLS system questions SUPRA for Lockbox or Key questions ZIPFORMS for everything about Zipforms & OREF RPR regarding the use of REALTORS® Property Resource (24/7) OAR Oregon Association of REALTORS ® www.oregonrealtors.org Real Estate Agency www.oregon.gov/REA/index.shtml Listingbook for everything about Listingbook and Listingbook Pro 4 541 -770-7060 866-730-71 1 4 877-699-6787 800-847-6298 877-977-7576 503-362-3645 503-378-41 70 866-353-3456 O cto b er 2 0 1 3 RE C o n n ect WWW. RO G U E VALLE YRE ALTO RS . O RG 5 Education Corner By Lance Carroll Seniors Real Estate Specialist or training in working with the baby boomer generation called Seniors Real Estate Specialist (SRES®). This designation shows the potential buyer that their REALTOR® understands and empathizes with the 50+ clients and customers. The SRES® course is designed to give the REALTOR® the needed business The Rogue Valley is a destination building skills and resources for spot for baby boomers as they set the 50+ buyer. These skills are: to retire. And, who is to blame them. We have four seasons that Identify the power of are each beautiful in their own generational demographics right, idyllic scenery that welcomes Develop and maintain each new day, and outdoor relationship marketing skills activities that can keep a person Counsel rather than sell to the busy year round. The Rogue 50+ market Valley is truly a place where baby Distinguish the key differences boomers and the newly retired in housing options want to live. Understand the implications of tax laws, probate and estate The National Association of planning REALTORS® has a designation for REALTORS® that have experience November 14 & 15 the Rogue Valley Association of REALTORS® is offering the Seniors Real Estate Specialist course to our members and other REALTORS® in the area. The cost is only $240.00, if you sign up before October 25 and $275.00 if you sign up after October 25. This price, (especially the early bird price of $240.00) is far below the regular price of $295.00 that REALTOR® University offers. Taking the SRES course will give you a lot of benefits. The cost of the class includes membership for a year for the SRES® designation ($99.00 value). The course is also worth 12 CE Credits. The time is right to get the designation as the housing market picks up and Medford is again growing as a retirement destination. CLICK HERE to sign up for the class today, before it is too late. October Trivia The largest ancestry group in Oregon is German at 22.5%. Boston defeated Pittsburgh in the first World Series on October 1 3,1 903. In 1 873 representatives from Columbia, Rutgers, Princeton, and Yale universities met in New York City to form the first set of rules for American football. October 1 , 1 908 saw Henry Ford introducing the Model T for a price of $850. In 1 987 Mighty Mouse was accused of Drug Abuse when he sniffed a flower crushed by a bully during a Saturday cartoon that critics thought was cocaine. Mt Rushmore was complete on October 31 , 1 941 . 6 According to Archbishop James Ussher of Ireland, October 23, 4004 BC is the First Day of Creation. General Cornwallis surrenders to General George Washington at Yorktown on October 1 9, 1 781 ending the last major battle of the Revolutionary War. O cto b er 2 0 1 3 RE C o n n ect Challenging Sudoku by PrintFreeSudokuPuzzles.com Difficult WWW. RO G U E VALLE YRE ALTO RS . O RG 7 8 O cto b er 2 0 1 3 RE C o n n ect WWW. RO G U E VALLE YRE ALTO RS . O RG 9 Summary by Lance Carroll The simple questions that we ask ourselves usually dominate a person’s day. How much can I make this year? Where is my business coming from? As an individual those questions are easy to answer. But, as a population of REALTORS ® those questions get lost in the amount of answers available. That is a task that NAR took and published in the yearly profile report. They published two studies: 3 Profile of Real Estate 201 Firms 201 3 Member Profile These studies look at the dynamics of the firms and people that make up the National Association of 10 REALTORS®. At the bottom of each intro is the link for the respected documents. 201 3 Profile of Real Estate Firms The average office had $4.4 million in sales volume in 201 2 on an average of 25 transaction sides. Looking at the sales volume by number of offices a single office had $3.6 million and 1 5 transaction sides while a firm with four or more offices completed an average of $1 45.6 million in sales volume with 750 transaction sides. The 'Profile of Real Estate Firms' shows that an average of 1 0% of all firms gets their leads from customers viewing their website with 1 0% of their sales volume also generated from the website. There is a minimal amount of business generated through social media, but larger firms did see a slight increase by using social media. The characteristics of the real estate industry firms showed that in 201 2 the median number of years that a real estate firm had been in business was 1 3 years with 1 0% of the firms being younger than one year. Nationally, 80% of the real estate firms were a single office that had two real estate brokers and 79% of the real estate firms focused on residential with only 5% whose specialty was commercial. O cto b er 2 0 1 3 RE C o n n ect The profile has a chapter on real estate franchises. When looking at the real estate firms we find that 85% of them are independent companies, while 1 5% are franchised firms. 1 1 % of the single offices are franchised, while 47% of the firms with 4 or more offices are franchised. A franchised office has kept their affiliation for an average of 1 1 years with 41 % keeping their current affiliation for over 1 5 years. The profile also goes into depth on why people choose their franchise and what the franchise does for their business. When looking at the people in the firms we find out that on average each person pays reason being the expected growth in the real estate industry (86%). There is a 69% expectation that profits will increase in 201 3 and 25% expect profits to stay constant. The Profile of Real Estate Firms shows that the largest challenge that real estate firms believe that they will face in the next two years is profitability (59%) and economic conditions (44%). about $1 50 a month on technology that includes the MLS, CMA’s, content management, etc. Brokers in larger firms tend to pay more, while the brokers in smaller firms pay closer to the average. 35% of the brokers in residential firms have a bachelor’s degree, while 50% of the brokers working in commercial firms have the same. For 201 3 45% of the real estate firms are recruiting new brokers with the primary a u o y o h w o w yo u . n k to efi n e t n a w nd d u o y D o l i n e at e a de re n' t o D ? a il w n io t c A t! c A . sk WWW. RO G U E VALLE YRE ALTO RS . O RG m ho -T as l o rs fe f Je n Click Here for the 201 3 Profile of Real Estate Firms 11 © Galdzer | www.dreamstime.com / Dreamstime Stock / www.stockfreeimages.com / Stock Free Images 201 3 Member Profile By Jessica Lautz & Thomas Doyle In 201 2, many areas of the country started to see both home sales and prices rebounding. Unlike in past years, however, those markets still struggling saw not a shortage of buyers but a shortage of sellers. Inventory dropped from months of supply to just a few weeks in many markets. Survey data from the Investment and Vacation Home Buyers Survey show that investment buyers remained high, but many 12 primary home buyers were also coming back into the market. Data from the Profile of Home Buyers and Sellers survey showed that both home buyers and home sellers wanted to and did work with a professional real estate agent or broker at higher rates than seen in past years. Clients continue to want the expert professional advice that members of the National Association of REALTORS® have provided in the past and continue to provide, as this year’s report illustrates. For the second year in a row, the median gross income of REALTORS® rose from the previous year. The typical income among members was $43,500 in 201 2, rising from $34,900 in 201 1 . The rise in member income is reflective in the increase in business activity, as well. The typical brokerage specialist had 1 2 transaction sides in 201 2 O cto b er 2 0 1 3 RE C o n n ect compared to 1 0 transaction sides in 201 1 . Members reported that they typically had one transaction side involving a foreclosure and one transaction side involving a short sale. The brokerage sales volume rose to $1 .5 million in 201 2 from $1 .3 million in 201 1 . Property managers managed the most properties on record from this survey, a median of 49 properties each, which is a reflection of the strong rental market in 201 2. The typical REALTOR® is an independent contractor affiliated with an independent company catering to local markets. Members typically have been with their firm for seven years— a rise from six years in the prior year’s survey. While there are new members entering the profession, there is a decline in members leaving the profession, which has increased both the age and the median years of experience of members. The typical member has 1 3 years of experience compared to 1 1 years in the last report. The median age of REALTORS® has steadily increased in recent years from 51 years of age in 2007 to 57 in 201 3. The majority of members are women with a college education. REALTORS® frequently have had careers in other fields prior to real estate, the most common being in management, business, and financial professions, followed by sales and retail. Only 6 percent indicated that real estate is their first career. REALTORS® are embracing new technologies and marketing strategies that buyers are finding useful in their home search process, including websites, blogs, and social media. In addition to membership in the National Association of REALTORS®, real estate professionals have other ways of distinguishing themselves, including affiliate memberships, professional designations, and certifications. Many REALTORS® took advantage of each of these opportunities. Short Sales and Foreclosures (SFR) remains the most popular certification, following a three year trend. in the market for two more years. The share is higher than last year, indicating the optimism that is seen in today’s market. Newer members in the business are less certain they will remain in real estate, while more seasoned members are more certain. Click Here for the 201 3 Membership Profile Looking forward, 80 percent of REALTORS® are very certain they will remain WWW. RO G U E VALLE YRE ALTO RS . O RG 13 14 O cto b er 2 0 1 3 Help Desk RE C o n n ect Saturday and Suspended? Wh a t do I do ? I think almost everyone has been in a position where things get away from them and then the 1 1 th of the month comes along and their SOMLS membership is suspended because their bill wasn’t paid. That has happened many times with my credit card, phone bill, etc. It is only normal that things slip a person’s mind, especially when life gets busy. The problem with being suspended is that you lose access to the MLS. If you need to do business, you can’t because you can’t log in. www.roguevalleyrealtors.org has a new button on the website where a REALTOR®, suspended or not, can click on to pay their current MLS bill. The ‘Make a Payment’ link is on the top right of the website and looks like this: You don’t need to log onto the site to use the link. The link was specifically created to help REALTORS® that don’t have access to the website to make a payment and to turn their access back on. Once the payment is made, you just need to wait two hours for the process to finish. Southern Oregon MLS is now working with Listingbook to give you a Client Portal tool that gives the home buyer/seller the power over their own searches as well as giving the Broker the ability to view their clients activity. The best part about Listingbook is that it is free. Go to www.listingbook.com to sign up. Once you get to the website. You can sign up for your free Listingbook account by using your MLS number and your email. You can also register for the upcoming Listingbook classes where they will answer any questions that you have by going to the calendar on the www.roguevalleyrealtors.org. WWW. RO G U E VALLE YRE ALTO RS . O RG 15 f l o G d n t a l n h e s A o u rn a m T Jackson County 18 O cto b er 2 0 1 3 RE C o n n ect WWW. RO G U E VALLE YRE ALTO RS . O RG 19 Josephine County 20 O cto b er 2 0 1 3 RE C o n n ect WWW. RO G U E VALLE YRE ALTO RS . O RG 21 Ou r Affi l i ates First American Title 1 225 Crater Lake Ave, Ste 1 01 Medford, OR 97504 541 -779-7250 People's Bank of Commerce 750 Biddle Rd Medford, OR 97504 541 -61 8-3320 Home Builders Association 1 1 06 E. Jackson Medford, OR 97504 541 -773-2872 [email protected] Premier West Mortgage 1 455 E. McAndrews Rd Medford, OR 97504 541 -944-6987 [email protected] IMortgage 3389 Crater Lake Hwy Medford, OR 97504 541 -646-3020 [email protected] Rogue Federal Credit Union P.O. Box 4550 Medford, OR 97501 541 -858-7330 [email protected] Mission Hills Mortgage 830 Alder Creek Dr., Suite B Medford, OR 97504 541 -773-1 853 [email protected] Sterling Savings Home Loan Div. 91 0 Town Centre Dr. Medford, OR 97504 541 -608-1 801 [email protected] Mortgage Express, LLC 3262 Hillcrest Park Dr. Medford, OR 97504 541 -245-4521 Ticor Title 1 555 E. McAndrews Rd., Ste 1 01 Medford, OR 97504 541 -779-281 1 Dave's Carpet and Vinyl Liquidators 1 71 Ehrman Way Medford, OR 97501 541 -779-2922 [email protected] Move2Oregon.com 3350 1 /2 W. Main St Medford, OR 97501 541 -773-5744 [email protected] Umpqua Bank, Medford 4000 S. Pacific Hwy Medford, OR 97501 541 -61 8-6730 [email protected] Envoy Mortgage 2587 Whittle Ave Medford, OR 97504 541 -772-9900 [email protected] North Pacific Financial Corp 1 322 E. McAndrews Rd., Ste 201 Medford, OR 97504 541 -770-2727 [email protected] Valley Mortgage Group 609 E Jackson St Medford, OR 97504 541 -842-5606 [email protected] Evergreen Federal Bank 501 Crater Lake Ave Medford, OR 97501 541 -779-1 1 65 [email protected] Pacific Residential Mortgage 502 W. Main St., Ste 1 03 Medford, OR 97501 541 -773-31 31 [email protected] Wells Fargo Home Mortgage 81 4 E Jackson St., Ste C Medford, OR 97504 541 -779-1 545 [email protected] Evergreen Home Loans 3200 Hillcrest Park Dr Medford, OR 97504 541 -779-6591 [email protected] Par Mortgage Inc 33 N. 1 st St Ashland, OR 97520 541 -482-5886 [email protected] AAA Oregon / Idaho 1 777 E. Bartlett Rd Medford, OR 97504 541 -779- 71 70 [email protected] American Family Insurance - Zach Bartlett Agency 663 A St Ashland, OR 97520 541 -488-0301 [email protected] AmeriTitle 1 501 E. McAndrews Rd Medford, OR 97504 541 -779-7660 346 E. Main St. Ashland, OR 97520 541 -488-0778 Chase 81 E. Stewart Ave Medford, OR 97501 503-550-8462 [email protected] 22 O cto b er 2 0 1 3 RE C o n n ect Leadership RVAR President SOMLS President SOMLS Treasurer RVAR President Elect SOMLS President Elect SOMLS Past President RVAR Past President SOMLS Vice President Don Livingood [email protected] Barbara Brown [email protected] Andrea Mobley [email protected] Calendar M on d ay Adam Bogle [email protected] David Wright [email protected] John Zupan [email protected] Pam Lorange [email protected] Rick Harris [email protected] Tu esd ay Wed n esd ay Th u rsd ay Fri d ay s t n e v e ll a r o f e t i s b s e g e r w s o s . e s a h l r t c o t l k d a c n e e r a h y e C l l a v e u g o r . w ww SOMLS / RVAR Staff Executive Officer Grants Pass Office Adminstrator Technology Officer Nancy Pipitone Loran Hughes [email protected] [email protected] Executive Assistant Jamie Patterson [email protected] Member & MLS Services Kim Robinson [email protected] Tina Grimes [email protected] Education Coordinator Lance Carroll [email protected] Bookkeeper WWW. RO G U E VALLE YRE ALTO RS . O RG Brooke Simon [email protected] 23 Rogue Valley Association of REALTORS® and Southern Oregon Multiple Listing Service 629 Franquette St. Medford Or, 97501 Phone: 541 770 7060 Fax: 541 770 71 1 1 The Voice ofREAL ESTATE®in the Rogue Valley website: www.roguevalleyrealtors.org Mission Statement The Rogue Valley Association of REALTORS® (RVAR) protects and promotes the business interests of its membership through: development and delivery of programs, products and services designed to elevate members’ competence, professionalism and ethical standards; preserving the right to own, transfer and reasonably use real property; and enhancing the image of our members in the communities served. The Southern Oregon Multiple Listing Service provides timely, accurate data and innovative tools that assist REALTORS® in delivering trusted, high quality services to real estate consumers. © 201 3 Rogue Valley Association of REALTORS®, Inc.
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