REVIEW - REALTORS® Association of South Central Wisconsin
Transcription
REVIEW - REALTORS® Association of South Central Wisconsin
"The Voice of Real Estate™ in South Central Wisconsin" REALTOR REVIEW ® March 2015 M ark Y our C alendar RASCW/SCWMLS Offices Closed Friday, April 3, 2015 Noon – Good Friday SAVE THE DATES: Wednesday, May 27 Brewers Game Wednesday, June 10 RASCW Cindy Strange Memorial Golf Outing Wednesday, June 17 RASCW-SW Golf Outing Thursday, July 23 Mallards Game/Tailgate on behalf of Movin’ Out CLICK HERE V o l u m e 20 • N u m b e r 3 Show me the $$ Would you like to help MORE BUYERS with down payment assistance? Attend a FREE down payment information session on • City Programs • County Programs • State Programs Wednesday, March 18th, 2015 8:30 am Registration and Networking, Session 9 am-11 am WRA Education Center (4801 Forest Run Road, Madison, WI) RSVP to [email protected] or call 608.240.2800 CLICK HERE FOR MORE INFORMATION Co-Sponsored by: RASCW Event Calendar Thank you to Homestead Title & Wisconsin Bank & Trust for providing refreshments. Updated 3/10/2015 I n T his I ssue Page 2 President’s Message: Mary Duff Page 3 Beware of Email Scams They’re Back MLS News Page 4 Continuing Education FREE Home Buyer Education Classes Could Not Have Said It Better Page 5 RASCW Commercial Corner Page 6 Help Your Clients Save For Their Future! Page 7 REALTOR® Safety: Agent Safety Apps Page 8 RPR Resources You Should be Using Page 9 Calendar: March 15 - April 15 De-Mystifying Condos Thanks Page 10 Membership Update Limited Time Special Enrollment for Health Insurance Did you or will you pay a tax penalty for not having health insurance in 2014? If so – and you didn’t enroll in a 2015 plan during Open Enrollment – you may qualify for a limited time Special Enrollment Period and avoid another penalty next year. You must enroll between March 15 and April 30, 2015. To learn if you qualify, call REGIT, Inc. – WRA’s health insurance partner – at 800.537.9786. Lorraine Allen is the dedicated WRA representative and she will not only determine if you’re eligible for a SEP, but she will also help you determine if you are eligible for a premium tax credit to reduce the cost of health insurance. If you do, as a service to WRA members, she will assist you in completing the Marketplace application online – saving you the time and frustration. Don’t miss this limited opportunity to avoid a 2015 tax penalty. Call Lorraine Allen today at 800.537.9786. Or visit the website at www.regitinc.com/aspwra and request a determination. REALTOR® Benefits Program It’s here! The REALTOR Benefits® Program 2015 Catalog is hot off the presses and is full of offers and discounts just for REALTORS®! Download your copy today at: http://www.realtor.org/sites/default/files/handouts-and-brochures/2015/2015-RBP-catalog.pdf 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 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 "We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses." – President Abraham Lincoln Quoting Abraham Lincoln seems appropriate as we head into the spring election season. Our 16th President was full of inspiring and thought-provoking phrases and it is tough to pick just one. I selected this one for its optimism and positive spirit. Those two character traits can be tough to maintain as we witness political banter on a daily basis. However, it is with that glass half-full attitude that I urge you to pay attention as we approach April 7. On this spring election day, there are important choices to be made in our local races. I am certainly not telling you HOW to vote. I am simply encouraging you to take action. First and foremost, get out there and VOTE. Prior to doing so, educate yourself about the candidates and their views on issues affecting our business practices, as well as those impacting the lives of our clients and vitality of our communities. I practiced real estate for several years before I gained an appreciation for how legislative action can directly impact our ability to operate on behalf of our customers and clients. While I am far from becoming a political junkie, I do try to scratch the surface from time to time – particularly when we have the opportunity to meet and greet candidates and provide them with an understanding of the REALTOR® and Affiliate member roles in our respective communities. Any election is an opportunity for us as real estate practitioners to have our voices be heard. In the wise words of someone I dearly respect, "The only wrong vote is the one not placed." Put April 7 on your calendars, get out to vote, and then rejoice that you made a difference (and go smell the roses)! 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. ® If you would like to submit information, story ideas, or articles for inclusion in the REALTOR® Review please contact Kevin King at [email protected]. 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 Others know rural home and rec land lending. WE KNOW IT BETTER. ©2015 Badgerland Financial, ACA. NMLS ID 458065. Great Rates Are A Given Items submitted in Microsoft® Word programs are also welcome. www.rascw.org Mike Watson Ellen Rosner 282.6177 282.6103 Mortgage Loan Officer NMLS #486766 You help homeowners achieve their dreams. We help with very competitive rates and expertise. Want proof? Sign up for Rate Watch in our online mortgage center. Mortgage Loan Officer NMLS #1158693 608.282.6000 • home-savings.com 2 REALTOR® Review • March 2015 (877) 789-9058 badgerlandfinancial.com Beware of Email Scams By Rick Corey, SCWMLS Computer Services Manager One of my functions with the SCWMLS and RASCW is to oversee our email system. Recently we have experienced an increase in the number of junk emails and phishing scams coming into our system. Despite best efforts and spam filters, unwanted emails can slip through as the scammers discover new means of avoiding detection – including using email addresses that closely resemble actual addresses or impersonating major businesses such as FedEx, UPS and even the IRS. Care must be exercised when in receipt of suspect emails. Viruses may be embedded in links, PDFs, images, Word and Excel documents. Do not open links or attachments in suspicious messages. Contact your internal IT department or your local IT specialist firm. Practice safe email. They’re Back REALTORS® have reported once again that information from their listings is being used to create fake Craigslist listings. The falsified advertisements show up on Craigslist with rentals sometimes being offered at lower prices and with different contact information. The would-be tenant contacts the person who made the post and is directed to wire money – often overseas. For REALTORS® or property owners, the first call should be to Craigslist. Upon notification, Craigslist has agreed to take down the illicit postings immediately. Anyone who has been a victim of an online scam should contact the Consumer Protection Division of the Wisconsin Department of Agriculture, Trade and Consumer Protection at 1-800-422-7128. DATCP advises consumers to be cautious about how and where they send money when replying to online ads. REALTORS® may wish to monitor Craigslist to make sure their properties are not being advertised without authority. Have you found that special house? Our Mortgage Team is here to help! Cori Femrite Amy Gile-Enge Howard Cagle 608-836-4109 [email protected] 608-836-4307 [email protected] 608-836-4322 [email protected] NMLS#594085 NMLS#586017 NMLS#593729 B��l��n� R�la�i�n���p� Tha� M��� A Dif����n�� Call today to purchase your dream tomorrow. 608-836-1616 or apply online at capitolbank.com Member FDIC www.capitolbank.com ~ Our Mission in Madison ~ Tradition For more than 45 years, River Valley has been a leader in small business lending in Wisconsin and Michigan’s Upper Peninsula. We’re excited to bring that tradition to Madison. Bringing tradition to our future Middleton location. Opening spring of 2015. IN MADISON: 2601 West Beltline Hwy., 608.661.3560 www.rivervalleybank.com 3 REALTOR® Review • March 2015 MLS News Visit www.scwmls.com for expanded details. REALTORS® Property Resource (RPR) Action Link Added A new action link has been added to the agent full report and default spreadsheet view. If you are logged in to RPR, this link will take you to the same property within RPR. If you have not set up your free login to RPR, click the option to create an account. You will need your NRDS # which you can look up on the create an account screen. Find more info about RPR at http://blog.narrpr.com/rpr/. Common Question regarding Withheld/Delayed Listings Q: Why are some "no showings until" listings in an Active status instead of Withheld/ Delayed? A: We are generally seeing two reasons a new listing is not available for showings right away. The first is the property is not ready to be marketed due to needed clean up, timing for professional photos, desired staging, etc. You will find these listings in the Withheld/ Delayed status as the listing agent does not want them to be viewed by the public yet. In the second situation, the property is all ready for public viewing, but the seller and listing agent decide to pick a launch date, often starting with an open house. You will find these listings in Active as the seller and agent want the public to see them. The listings in Active must include the date showings will be allowed in the first line of the public remarks. Our rules regarding "no showings until" listings have taken both situations into account, and allow agents the flexibility to market these listings as either Withheld/ Delayed or Active. Cancel or Reschedule Showings via Showing Assist Under Preferences within Paragon™, there is a direct link to Showing Assist. If you click on the Showings button on the left menu you will see an option to view showings you have requested. Click on the All Upcoming link and find the showing you wish to cancel or reschedule. You will be given a preset list of reasons if you click Cancel, as well as a free form box for additional comments. If you click Reschedule you will be given the opportunity to select a new date and time. Emails will be sent and changes will be captured within Showing Assist reports. New Photo Crop Tool Are garbage cans on the curb included in your otherwise beautiful photo in Paragon™? Try the new photo crop tool to remove them. Click on the red pencil in Picture Administration, draw a box around the area of the photo you want to retain, click the edit tool above the photo, and save. Continuing Education Could Not Have Said It Better Our goal in partnering with the Wisconsin REALTORS® Association is to provide a high standard of real estate education, enabling you to better serve your clients. All Wisconsin real estate licenses must be renewed by December 14 of even-numbered years. License renewal requires 18 hours of continuing education. We received the following from a RASCW Member that bears repeating with every Member: 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. 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 Course 4 – Ethics and Fair Housing in Wisconsin (includes the NAR ethics requirements) Elective Topics (Licensees must take two of the following) ElectiveA–Disclosures in a Wisconsin Transaction ElectiveB–Risk Reduction for Wisconsin Salespeople and Brokers ElectiveC–Inspections and Testing in Wisconsin Transactions Elective D –Wisconsin Condominiums Upcoming Classes at WRA (Madison) March 19: CE C (8:30 am) and CE D (1:00 pm) Register at www.wra.org. Click on the Continuing Education tab. 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 Hi, I just wanted to let you all know about an incident we had at an open house yesterday. This was an open house with a very experienced agent. He had 4 groups in and then another lady came in. The never ending battle of trying to keep up with everybody and ABRACADABRA, a child's piggy bank went missing. They've been looking for it, but have been unable to find it. Yes, we did the traditional "PUT EVERYTHING OF VALUE AWAY" - drugs, watches, cameras, collectibles speech at listing the home, but they did not (nor did we) think that a piggy bank would be a target. The seller has said that there were far more valuable items (that I bet are put away next week), but for some reason, the piggy bank went walking. There is no idea who did it, but I wanted to make you aware of just how vulnerable people's things can be in an open house. Remind your sellers and if you see something at an open house that needs protecting, stash it and let the seller know where it is or get it out before you leave. While I'm at it, don't forget to keep yourselves safe, too. Keep your keys and phone on you in case a "crazy" person comes in so that you can walk out the front door if you need to. Just sayin' 'Nuff preaching! In a follow-up to the note above, another Member reported: When: Saturday, March 21 8:30 am - 4:30 pm I've started asking that bags, purses, etc. be left in their vehicle or with me. I had a snooper with a large empty purse last fall. I believe she was looking to fill it with goodies from inside the house. Tuesday, April 8 and 15 6:00 pm – 9:30 pm Space is limited. To register, please call Michelle at Project Home 608-246-3737 Ext.2000 or email [email protected]. As we enter warmer weather and increased activity in our real estate market, these are great tips for all. $499 Flat-Fee Closing Costs* Help your clients save on their dream homes with our closing costs special offer on 7-year ARMs. Plus, you can improve your results when your clients enjoy: Expert Guidance – Help from one of Wisconsin’s top lenders.1 Dedication to Education – Free First Time Home Buyer seminars. Timely Decisions – We underwrite our loans in-house. We are here to help. Call us at 800.533.6773, ext. 2810, or visit uwcu.org. *$499 flat fee closing cost option available for 7-year adjustable rate mortgages only. Offer valid on purchase transactions closed January 15, 2015, through May 31, 2015. Offer excludes lot, FHA, WHEDA and VA loans. Assumptions: 3.000% rate, 3.028% APR (Annual Percentage Rate), loan amount of $140,000, origination fee of $499, term of 360 months and monthly payments of $590.25. Rate subject to change. Offer subject to credit approval and is subject to change. Escrow and daily interest charges are not included in closing cost amount. No checking account required. See us for details. 1UW Credit Union is ranked among the top ten home loan lenders in the state based on information from county Register of Deeds Offices; SMR Research Corporation. 4 March_7x3.5_RealtorReview.indd 1 REALTOR® Review • March 2015 3/2/15 10:01 AM RASCW Commercial Corner Greater Madison Area by Rob Helm and Ralph Kamps, CSC Co-Chairs March 2015 - Asking Lease Rates That age old question of how can I get involved in commercial real estate keeps coming up in articles and blogs, Facebook and LinkedIn this time of year. So here is my take on how to get going in an inexpensive way. 1. Join your local commercial real estate group. In Madison this is the Commercial Brokers Group http://cbgmadison.com. This group is made up of local commercial real estate practitioners and offers six breakfast meetings per year and several activities such as the golf outing, holiday party, and Happy Hour meet and greets. Each meeting offers 1/2 hour of networking and 1/2 hour of information plus property pushes and pitches. At $60/year it is a great bargain. Put a face to the name, rub shoulders and glean information from those in the know. Office Rates East: $12.23 Central: $17.68 West: $14.33 Asking rates Office from 1/1/10 – 03/31/15 Retail Rates East: $11.51 Central: $20.08 West: $16.26 Asking rates Retail from 1/1/10 – 03/31/15 Here is a link to the CBG Deals of the Year Awards power point pdf. Office/Whse East: 5.99 Central: $8.31 West: $6.44 http://content.yudu.com/Library/A3fces/CBG2014DealoftheYear/resources/index. htm?referrerUrl=http%3A%2F%2Fwww.cirex.com%2F Add up the commission on some of these transactions. More than 70% of the members are REALTORS® so you will be in good company. They also offer commercial real estate continuing education so the language won't be that foreign to you. You do learn commercial real estate slants and the discussions are ongoing and informative. Asking rates Office/Warehouse/Flex from 1/1/10 – 03/31/15 Click Here for the March Asking Lease Rates 2. Take the CCIM Intro Course. It is only $99 for the day and you will come out with a head full of how investment real estate really works. Then down the road take CCIM 101, 102, etc. as you build up funds. For more information, visit www.ccim.com. 3. Get on LinkedIn with the many commercial real estate forums and newsletters, and read, comment and ask questions. 4. Learn commercial real estate leasing vernacular and jargon. Leasing commercial space is substantial income (as you can see by the CBG DOY Awards). 5. Attend commercial real estate seminars and functions put on by RASCW Commercial Services Committee. After all they are put on by your peers, reasonably priced (usually free) and hey, we are accessible for questions, too. 6. Find a mentor. Even if that person doesn't know you are using them as a mentor, many of us love to answer questions on the business. We also take co-listings to help guide you. But be reasonable, you are using their time. 7. The magic number...and you know what that is by now. Start acting as if you are a commercial real estate agent and things will gravitate your way. If your company does not have a commercial division, ask why not? Maybe they will start one and/or bring in a training session or two to get the ball rolling. In other words "Just do it!" Live in the affirmative and be proactive! Thanks, Ralph RASCW Committees Need You in 2015! All RASCW Members are encouraged to become an active part of your Association through Committee involvement. Click here for Committee descriptions and a Committee selection form. Please bring your personal talents and interests to your Association. Thank you! 5 REALTOR® Review • March 2015 BECAUSE SOME DREAMS ARE JUST BIGGER Call our Mortgage Team today! McFarland • Stoughton • Sun Prairie 608.838.3141 Equal Housing Lender NMLS# 596586 • Member FDIC www.msbonline.com Help Your Clients Save For Their Future! Congratulations Women’s Council of Realtors, Madison Metro Chapter • $6,143 for a household with three or more children who earned less than $46,997 Selects Cori Femrite as “Member of the Year” • $5,460 for a household with two children who earned less than $43,756 for her many contributions to the chapter. • $3,305 for a household with one child who earned less than $38,511 Cori Femrite, NMLS# 594085 AVP Mortgage Lending • $496 for a household with no children who earned less than $14,590 Building Relationships That Make a Difference This federal credit is enhanced for Wisconsin workers because the State provides an additional credit to workers with children. The State credit adds as much as $1,950 for a household with three or more children, up to $635 with two children and up to $110 for a household with one child. 710 N. High Point Rd. • Madison WI 53717 • 608-836-1616 108 E. Verona Rd. • Verona WI • 608-845-0108 Member FDIC Millions of workers could overlook important federal tax credits because they simply don’t know about them. The City of Madison is urging residents to take advantage of the Earned Income Credit, or EIC, a tax benefit specifically designed to help lower income households. The IRS estimates that nearly one-fifth of eligible people could miss out on the EIC because they don’t know about it, don’t know that they qualify or don’t know where to find free tax filing assistance. Families could receive up to $6,143 extra in their federal income tax refunds through the EIC. The amount of credit varies depending on the amount of earned income and the number of dependent children in the taxpayer’s household. The maximum credit available for 2014 is: www.capitolbank.com Free tax assistance is available at the Richard Dilley Tax Center located in the Villager Mall, at 2300 South Park Street. This volunteer site, provided through a partnership between the Dane County UW-Extension Financial Education Center and AARP, is open every Monday, Wednesday, and Saturday through April 14 without appointment. RASCW Member Benefit - Car Wash Kwik Trip Deluxe Car Wash Cards $5 each (includes tax) Mermaid Total Wash Tickets $8 each (includes tax) Help is also available from volunteers through Volunteer Income Tax Assistance (VITA) at sites throughout the City, including the Senior Center, the Central Library, and several library branches. A complete list of all locations offering free tax assistance can be accessed by contacting 2-1-1 or the Dane County UW-Extension Financial Education Center at (608) 261-5077 or by using their Website: http:// dane.uwex.edu/family-living/financial-education-center/. Members may purchase both at the discounted rate through the RASCW office. Click here for more information. PA R K B A N K . C O M 608.278.2801 dreAm home, dreAm loAn. With great rates and helpful mortgage advisors. Apply online: www.parkbank.com/mortgages ParkBank.Com | 608.278.2801 6 REALTOR® Review • March 2015 EQUAL HOUSING LENDER | MEMBER FDIC REALTOR® Safety: Agent Safety Apps By Matt Cohen and Jonathan Cohen, Clareity Consulting [The following is an excerpt from a post on February 12, 2015. For the complete post, including feature comparison charts and links to product information, please click here.] Apps to keep real estate agents safe on the job have burgeoned in the past few years. Real estate agents are increasingly in danger… It is not hard to fathom why agents are targets. They must go to a house which they may have never seen before, on a moment’s notice, to meet with someone whom they have never seen, just because they believe the person who called them wants to buy a house. If they are holding an open house, they are in a place that is open to the public, and anyone can show up. Since the advent of the smartphone app, there have been many attempts to solve this problem through technology – some more and some less successful. These apps fall into two classes: 1. General personal safety apps. 2. Safety apps designed for the real estate industry. General Personal Safety Apps The general personal safety apps, BMonitored, Lifeline Response, OnGuard Help, RealAlert, and SafeTrec, have half the features of the purpose-built real estate apps, and cluster around the same ones: 1. A "Hot Button" when the app is running which will connect the user to 911 when it is either pressed or released. 2. An additional "Hot Button" which will connect the user to friends or other predefined contacts. 3. The ability to define times at which the user will check in; the user will usually have to enter a disarm code in order not to trigger calls to police or friends. 4. A "Duress PIN" which the user enters in case his or her use of the smartphone is being observed/monitored by a hostile party. This will silently alert police or friends. 5. The ability to transmit GPS information, along with a person’s contact and description information, to friends or 911. An important feature is whether or not the app will call a monitoring service instead of 911 directly. A monitoring service may be superior, since it allows the staff at the monitoring center to use their training and discretion in order to determine whether to escalate the call to 911 or to call in friends or other resources. This can make the difference between cops showing up to handle a violent situation and a friend showing up to defuse a creepy but non-violent situation. On the other hand, direct 911 access might provide faster response to an urgent situation. Agent-Centric Personal Safety Apps The purpose-built apps for real estate, Agents Armor and Real Safe Agent (which will be released in March of 2015), dig a little bit deeper into how agents’ jobs actually work. They offer features such as: 1.Check-in time profiles designed for different real estate activities: showing properties to a client, going on a listing appointment, or working an open house. 2.More discreet "Hot Buttons." Many of the general personal safety apps have multiple brightly-colored buttons saying things like "POLICE!" This may put off potential clients, who may not appreciate the suspicion. A new development in agent personal safety apps, developed in the Real Safe Agent app, is the idea of using agents and their organizations to provide monitoring and protection services. A "social network" of agents agrees to look out for each other, directed by a central dispatcher at the MLS, and an agent will appear on site when an agent in distress presses the panic button on the app or fails to enter his or her check-in code. This has some advantages. Getting 911 and the police involved is not always the right approach when dealing with a client whose behavior is erratic but not dangerous. The appearance of another agent may defuse a fraught situation without recourse to violence; it is even possible that a sale will not be jeopardized. The downside of this approach: what if the client is indeed dangerous and/or violent? Adding another agent to the mix may put both agents in danger. This is why a 911 button should still be a part of an agent personal safety app, something Real Safe Agent is still working on. One caveat about a feature in some of these apps: photographing a potential buyer’s ID. This may seem logical from a safety point of view, but it results in the professional retaining personally identifiable information which brings with it a set of legal responsibilities for its use and disposal. Conclusion Whether any of these apps will reliably prevent a bad outcome for a real estate professional remains to be seen; at best, all we have is anecdotes. But these apps may at least give professionals a fighting chance, and with it, more confidence in dealing with the public within the confines of an empty home. Clareity Consulting provides management and information technology consulting for the real estate and related industries. Clients include software and service providers, Multiple Listing Services (MLS), real estate associations, franchises, and brokers. Specialties include strategic and business planning, system selection, compliance and risk audits, software product planning and review, and public speaking. Matt Cohen, Clareity’s Chief Technologist, may be reached at [email protected] 7 REALTOR® Review • March 2015 8 Powerful RPR Resources You Should be Using in 2015 By Kristen Hernandez, RPR News & Updates With the new year comes a fresh start. A new beginning full of new resolutions, ideas, and plans for all that needs to get accomplished. Many REALTORS® are asking themselves: How can I grow my business? How can I maximize my time? Am I taking advantage of all the tools I have available to me? How can I better compete in my market? How can I spend more time with loved ones and less time in the office? No matter what your 2015 goals are for your business, RPR can help you achieve them. Here we’ll countdown the 8 powerful resources within RPR that will help you achieve your 2015 goals, regardless of your specialty. 8. Sales Comparison Analysis RPR not only gives REALTORS® in-depth property information, but the flexibility to create a customized Sales Comparison Analysis. From searching by specific criteria, or even within a particular school zone, REALTORS® are easily assessing properties, adjusting and weighting each comparable and creating impressive reports. 7. Investment Analysis Do you have clients looking for an investment property? Or perhaps your clients are looking for detailed information on how long they should hold onto their property to achieve the desired profit. With preconfigured scenarios for "Rent," "Re-Sell," and "Live In," RPR’s Property Investment Tool exports into an informative spreadsheet that analyzes the subject property with just a few clicks. 6. Home Improvement Tool Whether you have a client looking to remodel, or wondering what their kitchen remodel from two years ago now adds to their home value, RPR’s Home Improvement Tool can help. Simply enter the type of improvement/remodel, when it was completed and how much was spent. By partnering with Hanley Wood, an aggregator of residential and commercial construction data, as well as the publisher of "Remodeling" magazine, RPR’s Home Improvement Tool calculates home improvements down to the zip code level in today’s dollars. And each of these home improvements will not only be included in the refined property estimate, they will also be included on the Seller’s Report you give to your sellers so they can see the ROI for each improvement. 5. Company Branding If you’re a Broker or Manager, you know how important it is to showcase your company. With RPR’s Broker Tool Sets, you can ensure your agents see your brand not only when they login to RPR, but your brand will be prominently featured on each and every report your agents create in RPR. 4. Demographic, Psychographic and Spending Data in RPR Commercial RPR Commercial isn’t just for commercial practitioners. Imagine that your client is looking to relocate to a new community. They are young and want to live in an area with a lot of nightlife and good restaurants. With RPR Commercial, you can get the "who" of the lifestyle demography with the "where" of the local neighborhood to create a model of various lifestyle classifications. And just like RPR Residential, you can include all of this information in customized RPR Commercial reports. After logging in to RPR, click on the "RPR Commercial" link at the top of the screen and you’ll be on your way. 3. School Data via the Property Report If your clients have children, you can be sure they are concerned about school districts and attendance zones. With school district and attendance zones from Maponics, you can not only search for properties within a specific district or attendance zone, but include test scores, contact information and reviews for the school associated with a property in an RPR Property Report. 2. RVM Both new and seasoned REALTORS® need a starting point when pricing a home. RPR’s exclusive REALTORS® Valuation Model®, or RVM, can provide an accurate place to begin valuing a property. Using proprietary algorithms, an RVM can only be calculated if strict criteria is met, including at least 2 comparable properties from MLS listing, sales and off market data. And with RPR’s ‘Confidence Score,’ you can be sure the value you’re giving is backed up with RPR’s stringent standards. 1. RPR Mobile™ REALTORS® everywhere are impressing clients while on the go. RPR Mobile™ gives you access to RPR from anywhere, at any time. Search properties, add photos and notes, create and send reports and much more. If you haven’t already, head to the Apple App Store or Google Play Store to download RPR Mobile™ for free. So as you begin 2015, know RPR has you covered whether you’re working with buyers, sellers, investors or commercial clients. If you want to learn more about these resources, visit our on-demand learning on our blog or call our 24 hour customer service at 877.977.7576. Looking for a New Relationship this Year? Someone with local service? With no delays or surprises? Who turns your loans around fast? Receive $500 Off * First Mortgage Closing Costs * Closing cost credit valid on construction loans and first mortgage purchase and refinance transactions that are for primary residences and second homes. Offer does not apply to lot loans, home equity loans or home equity lines of credit, or our Foundations for Families products. This offer is available for loans with applications dated from October 20, 2014 through April 1, 2015. The closing cost credit will be applied at the time of loan closing. This offer cannot be used with other State Bank of Cross Plains mortgage offers and is subject to change. Because you deserve a good relationship (608) 497-4640 Black Earth Cross Plains Madison • Mt. Horeb Middleton • Oregon • Verona • Waunakee • www.crossplainsbank.com 8 REALTOR® Review • March 2015 • Calendar: March 15 - April 15 Monday, March 16 Paragon™ Basic 9:30 am – SCWMLS Training Room Thursday, April 2 Affordable Housing Equal Opportunities Committee 9:00 am – RASCW/SCWMLS Conference Room Wednesday, March 18 Ghoulish Gallop Committee 8:30 am – First Weber, Fitchburg SW Membership Networking Committee 9:30 am – Livingston Bank, Platteville Friday, April 3 RASCW/SCWMLS Offices Closed Noon – Good Friday Show Me the $$ Seminar 8:30 am – WRA Education Center SCWMLS Board of Directors Meeting 11:00 am – RASCW/SCWMLS Conference Room Thursday, April 9 New Member Orientation 8:30 am – WRA Education Center Thursday, March 26 RASCW Board of Directors 9:00 am – RASCW/SCWMLS Conference Room Friday, April 10 MLS Committee 9:00 am – RASCW/SCWMLS Conference Room Wednesday, April 1 Membership Networking Committee 9:00 am – Preferred Title Wednesday, April 15 Ghoulish Gallop Committee 8:30 am – First Weber Fitchburg SCWMLS Board of Directors Meeting 11:00 am – RASCW/SCWMLS Conference Room CLICK HERE CLICK HERE CLICK HERE RASCW Event Calendar Committee Descriptions Register for Paragon™ Training Updated 3/10/2015 Join a RASCW committee today! Committee Selections De-Mystifying Condos Thanks On February 19, 2015, RASCW and the Wisconsin Mortgage Bankers Association Madison Chapter co-sponsored a program to help de-mystify the condominium transaction. On behalf of both organizations, we wish to thank the presenters for sharing their time and expertise as well as the sponsors for their generous support. Speaker: Janet Keech, Condo Approvals Panelists: Jan Byrne, Condo Management Associates Michelle Nemeth, Associated Bank Joe Theisen, Fairway Independent Mortgage Corp Moderator: Marcia Howe, Monona State Bank Refreshment Sponsors: Homestead Title Company, LLC Knight Barry Title Group Appetizer Sponsor: Monona State Bank Click Here for Program Handouts 9 REALTOR® Review • March 2015 on-site classes & webinar based M e m b e r s h i p U p d a t e New Members Chad Baures Preferred Realty Group Lindi Farra First Weber Group Inc James Mohrbacher First Weber Group Inc Alison Stark Stark Company, REALTORS® Alex Burdeinyi Liaison Realty Group Chris Gantz Sprinkman Real Estate Mathew Morrissey HouseReward.com Bonnie J. Steinmetz HomeSearch.com Realty Services Inc. Michael Carlson Solidarity Realty, LLC Chad Heller CCL Management Joseph Nawrot Whitetail Properties Real Estate LLC Jenn Swiggum Century 21 Affiliated Jack C Cheng First Weber Group Inc Richard Hiley First Weber Group Inc Seth Pfaehler The McGrady Group, LLC Brian Vodvarka Brian Vodvarka Joe Contarino Key Realty, Inc Kristine Jaeger Stark Company, REALTORS® Jay Phillips First Weber Group Inc Kian Wagner Oakbrook Corporation Alejandra Creech Keller Williams Realty Brian Lawton Property Revival Realty Chuck Polenz ALTUS Commercial Real Estate, Inc. Linda Weis Jacobson MadisonFlatFeeHomes.com Wendy Dalgety Stark Company, REALTORS® Matt Lee Century 21 Affiliated Lisa Reynolds Lori Droessler Real Estate, Inc. Steve Wilkinson Certified Midwest Appraisal LLC Abigail Darwin Stark Company, REALTORS® Tyler Lynch Oakbrook Corporation David Riek Century 21 Affiliated Jenkin Dawn First Weber Group Inc Asher Masino First Weber Group Inc Melissa Rodriguez Keller Williams Realty Verna DeRemer Century 21 Affiliated Deborah McLaughlin Geiger, REALTORS® Christian Schartner Stark Company, REALTORS® Kathy Eckenrod Restaino & Associates Dennis Midthun Real Estate Preferred Joshua Scherer Keller Williams Realty Congratulations to the 32 new Members who completed Orientation in February sponsored by John Deininger and Knight Barry Title Services, LLC. Membership Transfers NAME Nicholas Allen Michelle Ames Susan Davies Helen Feaster Mina Johnson Angela Kellesvig Sona Olson John Pelletter Louis Reed John Reuter Scott Sklare 10 FROM Stark Company, REALTORS® Keller Williams Realty Potterton-Rule Inc First Weber Group Inc Stark Company, REALTORS® First Weber Group Inc Keller Williams Realty Mid America Bank Realty Executives Cooper Spransy Preferred Realty Group Homestead Realty REALTOR® Review • March 2015 TO RE/Max Preferred Restaino & Associates Century 21 Affiliated Keller Williams Realty Bunbury & Associates, REALTORS® Restaino & Associates Inventure Realty Group, Inc BMO Harris Bank ALTUS Commercial Real Estate, Inc. Home Buyers Marketing II, Inc Rock Realty New Affiliates Scott Billings Wisconsin Home Inspection Professionals LLC Michael Bruno Two Men and a Truck Tony Burns Fairway Independent Mortgage Ryan Petersen Wells Fargo Home Mortgage Thank you to Bonnie Dixon, Gary Lukens, Paul Place, Phil Salkin, Kevin King and Sara Whitley for sharing their knowledge and time as February Orientation Instructors. You did an excellent job! N e w O f f ic e s Certified Midwest Appraisal LLC, Dodgeville, WI Real Estate Preferred, Evansville, WI Brian Vodvarka, Mauston, WI HomeSearch.com Realty Services Inc., Lewisville, TX Wells Fargo Home Mortgage, Baraboo, WI