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Follow MNAR:
  
NAR conf
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The
following are YouTube ( )
videos.
New Form Changes
Christopher
Galler, COO, discusses the changes to the MNAR Approved Forms as
well as the new Lease Forms and also talks about tow upcoming
classes that will cover lease transactions.
REALTOR® Statewide Open House
Weekend
Christopher Galler, COO, discusses the
upcoming Statewide Open House Weekend - August 21 & 22,
2010.
Do you have a suggestion for a Video eRESOURCE? If so, please
submit to cgaller@mnrealtor.com.
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NEW CHANGES TO MNAR FORMS SPECIAL CE CLASS
Are you aware of all of the changes coming on August
1st to the MNAR Forms, including a few statutory
requirements? There are quite a few, not to mention some new
lease forms. |
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This class is a complete look at the MNAR Purchase
Agreement form and addenda. This is not your father's
forms course! New this year are lease contracts,
exclusive representation for consumers looking to rent, and
lease listing forms. The instructors will not only walk you
through the blanks, but will offer training on the challenges of
working with renters and lessors. A must course if you
plan to offer leasing services - not to mention an update on all
of the changes! Don't be left out in the cold on all of the new
rental forms!!!
This class is only being held twice in the Metro
Area. Register now as seating is limited in each session.
On-line registration only - please go to www.mnrealtor.com.
DATE: Monday,
September 13, 2010
LOCATION: Earle Brown
Heritage Center
TIME:
1:00pm-5:00pm
INSTRUCTOR: Lynn
Leegard
COST: $40 prior to September 7th and
$65 after September 8th
(Costs include materials, coffee,
sodas and cookies.)
DATE: Wednesday,
September 22, 2010
LOCATION: Minnesota Valley
Country Club
TIME:
8:30am-12:30pm
INSTRUCTOR: Wayne
Gilbert
COST: $40 prior to September 16th
and $65 after September 17th
(Costs include materials,
coffee, sodas and cookies.)
Course has been submitted for 3.75 hours of real estate and
appraisal continuing education credit - approval pending.
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RISK MANAGEMENT FOR
BROKERS AND
MANAGERS
MNAR is pleased to present a special program designed for
brokers and managers to help in the day-to-day management of
your real estate brokerage. Today's marketplace is bringing many
new challenges to brokers. We want to make sure you have all of
the tools and information to adequately and properly supervise
your agents. This program will help you manage risk and limit
your exposure to liability.
Next month, the RMLS will be enhancing their service to
include residential rental properties and the MNAR Forms
Committee has developed new lease forms and contracts, due to be
released next month. However, before you and your agents begin
using these new tools, do you completely understand the forms
and the work you will be expected to perform if you provide
leasing services to consumers who want to rent? Within the past
45 days, we have conducted two hearings involving brokers and
leasing issues resulting in significant consequences to the
brokers! While the new forms and enhanced RMLS service might be
a great opportunity to expand your services, we strongly
encourage you to attend our special management program in
September where we will identify information to help brokers and
managers use MNAR forms as a risk management tool to manager
their business and their client relationships effectively.
RISK MANAGEMENT FOR BROKERS AND MANAGERS
will be presented on Thursday, September 9,
2010 at the Northland Inn in Brooklyn
Park. The conference includes a two hour program presented by
Paul Espinosa from Pearl & Associates and
will include information to reduce risk in the area of seller
and agency disclosure, record keeping, Fair Housing, Code of
Ethics, copyright infringement and the need for an office risk
management policy. It is practical, hands on information for a
well run real estate office. (2 hours real estate and
appraisal education credit pending.)
MNAR Legal Counsel Brad Boyd has a three
hour program title, Forms as a Tool in the Broker's Risk
Management Toolkit and it will identify the key 2010
MNAR form changes and revisions as well as sharing expertise
needed when using the new forms relating to residential leasing.
Brad will also give updates on the most common problems related
to forms and contracts. This is a MUST COURSE for every broker!
(3 hours real estate and appraisal education credit
pending.)
Schedule of Events:
9:15am Check-in and Continental Breakfast (included with
registration)
10:00am Liability and Risk
Management, Paul Espinosa, Instructor
12:00pm Lunch
(included with registration)
1:15pm Forms as a Tool
in the Broker's Toolkit, Brad Boyd,
Instructor
4:30pm Adjournment
Advance Registration Required...www.mnrealtor.com
Early Bird Registration (Before August 20th):
$89.00
August 21st - September 3rd: $109.00
On-Site (if
available): $119.00
We encourage you to put this date on your calendar and
register early. We anticipate a large turnout and registration
will be accepted on a first come, first serve basis. Chris
Galler and I look forward to seeing you on September 9th!
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MNAR Forms Revisions and
New Forms Coming
Following is the list of forms that will be changing,
effective August 1, 2010:
- Agency Relationships in Real Estate Transactions
- Buyer Facilitator Services Agreement
- Common Interest Community Modification/Waiver of Buyer's
Right of Rescission (Residential)
- Common Interest Community Resale Disclosure Certificate
- Condominium/Townhouse/Cooperative Addendum Common Interest
Community (CIC)
- Financing Addenda: Conventional or Privately Insured
Conventional Mortgage, DVA Guaranteed Mortgage, FHA Insured
Mortgage
- Internet Display Options
- Seller Facilitator Services Agreement
- Seller's Property Disclosure Statement
You can view a summary of what changed here.
In addition, the MNAR Forms Committee has also adopted 3 new
forms pertaining to lease properties:
- Contract for Exclusive Right to Represent Tenant
- Exclusive Right to Lease Listing Contract
- Residential Lease Agreement
The above forms will be available for download from www.mnrealtor.com on
Friday, July 30, 2010.
The MNAR Forms Committee is still discussing changes to the
title and examination language in the Purchase Agreement. The
modification of this language will affect the following forms,
which will have an effective date of September 1, 2010 and will
available for download from www.mnrealtor.com on
Wednesday, September 1, 2010:
- Purchase Agreement
- New Construction Purchase Agreement
- Financing Addendum Seller's Contributions to Closing Costs
and Discount Points (this form will be renamed: Seller's
Contributions to Buyer's Costs Addendum)
- Exclusive Right to Sell Listing Contract
- Showing Contract
- Buyer Purchasing "As Is" Addendum
- Inspection Contingency Addendum
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MNAR
partnering with LifeSource to promote organ, tissue
donation
Seeking community stories from
REALTORS® |
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MNAR is partnering with LifeSource, our state's organ and
tissue donation agency, to encourage Minnesotans to register as
organ and tissue donors.
You can help us by submitting your stories of
donation and transplantation and by sharing information and
resources about donation.
Working with tens of thousands of people each year
to sell and purchase real estate, Minnesota
REALTORS® develop relationships
with individuals who will be applying for a new driver's license
once they move. When Minnesotans apply for or renew their
driver's license, they have an incredible opportunity to help
others by registering to be an organ and tissue donor. It's as
simple as checking the box on their driver's license application
or registering online at www.DonateLifeMN.org.
With more than 2,600 Minnesotans waiting for a
life-saving transplant, it is crucial that we encourage more of
our neighbors to register as donors to provide hope and life to
the people on the transplant waiting list. People like Dave
Costello, MNAR Board member and Commercial
REALTOR®. (See accompanying story)
Help us share the message of donation - gifts
given with love and received with hope. We want to hear from
you; if you have a story about donation and transplantation,
please send it to Rebecca Ousley at rousley@life-source.org
to be shared throughout this exciting campaign. More details,
information and opportunities to get involved will be coming
soon.
With your commitment we can save lives,
together!
Dave's Story
For the past 20 months, Dave Costello has been
waiting for a life-saving heart transplant. At the end of 2007,
Dave was having trouble breathing. A trip to the doctor revealed
an issue with his heartbeat, which doctors thought they could
fix with a simple procedure. During the procedure a biopsy of
his heart was performed, which later led Dave to receive a
startling diagnosis. "The doctor called and told me that I had a
rare disease that would significantly shorten my life," says
Dave.
After going through months of testing and losing
50 pounds in six months, Dave was added to the national
transplant waiting list in December of 2008. Here he waits in
the company of more than 107,000 people across the country who
are also waiting for their second chance at life. His wife of 32
years, Audrey, and his two children, David and Meggan, keep him
grounded and focused on his health and healing. "Life is pretty
normal now," says Dave. "But I do think about what the future
may hold as I continue to wait for a transplant."
More than 2.3 million Minnesotans are registered
as organ and tissue donors, about half of licensed drivers in
the state. "I support organ and tissue donation not so that I
can benefit from it," shares Dave, "but because it demonstrates
sharing, caring, generosity and kindness and I believe in all of
those."
Dave is a Commercial REALTOR® and
owner of Costello & Associates, primarily serving tenants
with their leasing and consulting needs. He is currently serving
as a Director on the MNAR Board; Director of Second Chance for
Life Foundation, a support group for people with heart problems
through the University of Minnesota Medical Center; and a
volunteer for LifeSource, sharing the message of donation with
young people through driver's education and health classes.
In his spare time, Dave likes to live life to its
fullest and enjoy time with his family and friends. "When I say
'live life to the fullest' I mean that each of us should enjoy
today," he says, "because we don't know what tomorrow may
hold."
Minnesotans can register to be organ and tissue
donors by checking the box on their driver's license application
or renewal form, or by visiting www.DonateLifeMN.org.
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MNAR Seeks Committee Members
For Board
of Directors, Executive, Finance, Forms, Governmental Affairs,
Nominating and Professional Standards Committees
All applications must be received by August 31,
2010.
Board of Directors
Please contact your
Local Association President or call your Board office to find
out the local process for these appointments.
Executive Committee
There are
openings from Regions 1, 3, 5, and 7.
Finance Committee
Forms Committee
Governmental Affairs Committee
Nominating Committee
Professional Standards Committee
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2010
REALTOR® of the Year
MNAR is
seeking candidates for the 2010 REALTOR® of the
Year award.
You can submit as many candidates as you feel are qualified.
The criterion for the MNAR REALTOR® of the Year
heavily stresses State Association involvement over the last
twelve months.
Applications must be received by August 31,
2010.
Submit your candidate(s) here.
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Ed
Anderson Political Achievement Award
If you know of a Minnesota REALTOR® who is
active in politics and works to better the industry through
their involvement, please submit an application on their behalf
so they can be considered for the 2010 Ed Anderson Award.
Applications must be received by August 31,
2010.
Nominate someone here.
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We
want...YOUR...most interesting listings!
If you currently have a listing that has some interesting
quality about it, we want to hear from you! Maybe, the listing
is an architectural masterpiece or perhaps a local celebrity
used to live in it. Could it be the smallest or largest house
you've ever seen? We want to hear from you!
Through our sponsorship with BringMeTheNews.com, we will begin to run
"Featured Home" of the week. These homes should have some
quality that would make them fun and interesting to view. Our
partners at BringMeTheNews will accept your submissions and
decide which homes will be placed on their website. We would
like to receive submissions from throughout the state.
To make a submission, please contact taylor@bringmethenews.com
with your name, city, a picture of the home, and a description
of what makes the listing interesting!
Then visit BringMeTheNews.com to see what homes are
featured!
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RESOURCE
Printed Newsletter
In an effort to be greener, MNAR is asking its members to let
us know how you would like to receive the RESOURCE
publication. |
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Starting next year, you will have to opt-in to receive the
printed RESOURCE publication. The publication will still be made
available online, and we will be sending a link to the online
version when it is available.
Please email Erica Forman at eforman@mnrealtor.com to
let us know if you would like to continue receiving the printed
version of the newsletter, or if you wish to only receive the
online version. | |
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