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Welcome to
the monthly Association Liaison E-Source. This monthly
e-mail
notice provides indepth information on hot button issues affecting
REALTORS and the real estate industry. It also features
information on upcoming Association events and updates on services.
The
E-Source is meant to provide information that you can present at
upcoming office meetings or to your colleagues through casual
conversation.
If you have
any questions
about any
of the information provided here, please contact us at
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Discussion
Question
Each
month, the Suburban West REALTORS Association will provide
Association Liaisons with a question in which we are seeking
member feedback on. We urge you to discuss this
question with agents at your office during a sales meeting,
through an email, or during the course of your daily
conversations when appropriate.
What
challenges will REALTORS face as the real estate market
stabilizes and how can the Association assist its members in
this changing market?
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Association
Liaison Workshop
The
next Association Liaison Meeting is scheduled for
Thursday, March 13 from 9:30
a.m. - 11:30 a.m. held at the
Association office in Malvern. During this meeting we
are inviting a local motivational speaker, Steve
McClatchy, to provide an exclusive FREE workshop to
Liaisons on 'Time-Management & Personal
Leadership.' Attendees will be provided an
opportunity to learn the difference between personal
management and personal leadership and how to effectively
manage, plan, and priortize your day. NOTE:
Registration is required for this workshop.
To
register, click
here. Once logged in, click 'Event Calendar'.
To
view more information about the Workshop, click
here. |
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Last
Call for Supra
Conversion
As
an Association Liaison, we are asking you to encourage
members who were unable to make it to the conversion sites to
make an appointment to process their conversion at the
Association office in Malvern. NOTE: All
Suburban West REALTOR members will be required to convert
to a new Supra system this week (March 3-March 7) or risk
not having access to electronic boxes after March
10.
To
make an appointment to come to the Association to convert
your keypads and locksboxes, you may:
- Make
an appointment directly online, by
clicking
here to log-in and selecting the 'Events
Calendar'
- Call
the Association to schedule an
appointment.
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IRS
is Eyeing Real Estate
Practitioners
The
Internal Revenue Service (IRS) is paying close attention to
the definition of "Real Estate Professional" when it reviews
tax returns. Depending on your real estate income,
restrictions will be applied to your recorded loss. To
learn more, click
here.
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Community
Liaison Network
Bringing
REALTORS and Communities Together
The
Suburban REALTORS Alliance (SRA) recently launched a Community
Liaison Network that provides REALTOR members a unique
opportunity to become involved in the areas of government,
which directly impact the communities where they live and
work. In the event of a major issue of concern for
REALTORS in the area, the Community Liaision will be briefed
by staff and asked to contact their local officials.
Membership in SRA's Community Liaison Program does not involve
a significant time commitment. They are
seeking REALTORS who are willing to get involved in
the communities that you already care about. Together,
we can be a powerful voice for our industry and the consumers
we serve.
To
view list of communities that still need a representative, click
here.
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Economic
Stimulus Package
What
it Means for REALTORS
On
February 13, 2008, President Bush signed the economic stimulus
package into law. The economic stimulus package includes
several important housing provisions, including increases in
the loan limits for Fannie Mae and Freddie Mac (GSE) and also
Federal Housing Administration
(FHA).
For more
in-depth information about the new loan limits and their
implementation, click
here. Also, you can review the National Association
of REALTORS (NAR) estimates of the temporary FHA and GSE
single-family loan limits based on the U.S. Department of
Housing and Urban Development's (HUD) existing FHA loan limits
as of January 31, 2008.
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Association Liaison
E-Source
