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In Minnesota, warmer weather typically equates to listing increases. But compared to previous years, the run-up to the 2008 summer selling season in the Twin Cities housing market has been meek. The number of new listings for the week ending May 3 was 16.6 percent behind the same time last year—the ninth consecutive week of decline relative to a year ago. Buyer activity is also slower. Over the last three months, pending sales are hovering around a 16 percent year-over-year decline.
This week's edition of the MAAR Weekly Market Activity Report features updated figures for several important metrics. As the spring season begins, the Average Days on Market Until Sale decreased to 154 while the Percent of Original List Price Received at Sale increased slightly to 91.7. The Housing Affordability Index decreased to 151, due to slight seasonal increases in sales price and interest rates. Finally, the Months Supply of Inventory increased to 10.2 months; a 5- to 6-month supply rate is considered indicative of a balanced market.
Click the logo below or click here for this week's full report. Visit Market Info for reports as far as the eye can see.
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We have completed the latest edition of "The 100" (click here or on the logo above). These monthly community snapshots have become an invaluable resource to many REALTORS®, or so we've been told. If you're not using them already, have a look. Start with your own city or the one you do the most business in. Does it match your expectation? Would you share this with a client? We're always interested in receiving feedback.
Contact MAAR Research Manager, Jeff Allen, at jeffa@mplsrealtor.com or 952.988.3126 if you have questions or comments about this research tool.
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 For a full, detailed look at how changing supply-demand dynamics are affecting various price ranges and property types in our regional housing market, take a look at the May Housing Supply Outlook. You won't find anything with this much detail on the Twin Cities housing market anywhere else. Highlights:
The entire housing market—in both supply and demand—is seeing a downward shift in activity towards the lower price ranges, likely a result of the increasing market share of foreclosures and short sales. Compared to this time last year, the supply of homes under $150,000 is up 87.2 percent and home sales in that price range are up 49.8 percent. There is far less happening in the middle and upper price brackets.
A much smaller share of condominiums are foreclosures or short sales than the townhouse and single-family detached markets. It's not a coincidence then that the average sales price and price per square foot of condos is actually holding relatively steady and not seeing dramatic overall value declines.
New construction inventory is still down significantly—21.7 percent behind this time last year, to be exact. The months supply of new construction inventory is only up 2.8 percent in the last year to 11.4 months, compared to a 24.0 percent increase for the previously owned market.
Contact MAAR Research Manager, Jeff Allen, at jeffa@mplsrealtor.com or 952.988.3126 if you have questions or comments about this research tool.
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 MAAR released its monthly housing statistics press release last week. It said this and more:
The median price values of homes in the Twin Cities housing market are showing signs of seasonal increase. The April median sales price of $204,500 represents the second consecutive month of monthly upward price movement, on the heels of seven consecutive months of downward movement.
Despite the seasonal increase, the overall April median sales price of $204,500 is 7.9 percent behind April of last year. Lender-mediated properties, which include foreclosures and short sales, saw a decline of 9.6 percent for the same time period, while traditional, non-lender-mediated properties saw a decline of only 1.4 percent.
At the end of April there were 32,368 homes for sale, a mere 1.5 percent above this time last year, the lowest such year-over-year growth since MAAR began tracking the figures. Year-to-date, the number of new listings has fallen by 9.5 percent relative to the same time period in 2007. The number of year-to-date new listings which are not lender-mediated is decreasing at an even quicker pace—down by 24.0 percent from the same time period last year.
The number of signed purchase agreements (pending sales) in April was 4,208, down only 6.6 percent from last April. Since 2006, these year-over-year declines have typically been between 12 and 20 percent.
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Foreclosures and short sales have become topics of great interest over the past year. Providing data and statistics on the exact impact of these growing phenomena upon the regional housing market has, so far, proved challenging, with little yet produced on exactly how (and how much) these unfortunate events are affecting the buying and selling decisions of Twin Cities real estate consumers.
 The Minneapolis Area Association of REALTORS® is proud to announce the release of “Foreclosures and Short Sales in the Twin Cities Housing Market,” a special new research report that attempts to answer some of the more pressing questions surrounding lender-mediated properties. Inside you’ll find an analysis of current inventory, new listings, closed sales, sales prices, and the impact that the growth of lender-mediated properties is having on each trend.
The data was gathered and analyzed by MAAR staff in collaboration with Aaron Dickinson, REALTOR® member with Edina Realty, and utilizes a new data approach based upon information from the NorthstarMLS system.
To share comments or questions on this new report, please contact Jeff Allen, MAAR Research Manager, at jeffa@mplsrealtor.com or Aaron Dickinson at aarondickinson@edinarealty.com.
Photo Source: "Minneapolis skyline viewed from behind Walker Art Museum" by Dan H. Some rights reserved.
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 Foreclosure Prevention Workshops
St. Paul and the Minnesota Home Ownership Center are sponsoring a series of foreclosure prevention workshops for people who are concerned about making mortgage payments, know someone who is in trouble or just want more information. Two similar workshops last fall drew more than 250 people each.
Mortgage lenders and community-based organizations will be available to offer free advice and answer questions, and attendees will be able to hear short presentations on legal rights and the foreclosure process.
Future scheduled workshops:
• May 20: 4:30–8:30 p.m., Discovery Elementary School, 301 Second Av NE, Buffalo
• June 5: 4:30–8:30 p.m., Eagan Community Center, 1501 Central Pkwy, Eagan
Call the Home Ownership Center at 651.659.9336 or go to www.hocmn.org for more information. St. Paul mortgage foreclosure prevention counselors are available at 651.266.6626 or www.stpaul.gov/foreclosure. Renters with foreclosure questions can call HOME Line at 612.728.5767.
 Short Sale, Resources from REALTOR® Magazine
REALTOR® Magazine has created a repository of articles and resources to help you learn more about this growing but complicated niche market. more
What is a short sale? The California Association of REALTORS® created this nifty definition:
"A short sale is a sales transaction in which the seller's mortgage lender agrees to accept a payoff of less than the balance due on the loan. A short sale may or may not involve a property in foreclosure."
 Policy and a Pint: The Mortgage Meltdown
Join the Citizens League and 89.3 The Current for
good food, good conversations – and great beer!
Date: Thursday, May 15
Time: doors open at 5:30 p.m.; program 6:00 – 7:00 p.m.
Cost: $10; $5 for students with valid ID
Location: Varsity Theater, 1308 4th Street SE, Minneapolis
Appetizers from the Loring Pasta Bar included
More Information and Registration
Many believe the mortgage market is in crisis and that it's dragging down the rest of the economy. How did we get here? How can we make changes? And how can homeowners and potential buyers in Minnesota protect themselves?
 Richard Todd from the Federal Reserve will help explain how we got here, and personal finance writer Kara McGuire from the Star Tribune will be on hand for practical advice for owners, buyers, sellers and renters alike. The event will be moderated by 89.3 The Current DJ Steve Seel.
After the event, Citizens League staff will be heading to the Loring Pasta Bar. You are welcome to join them to talk more about the mortgage industry.
 Foreclosure Data and Reports
Mortgage Crisis Continues To Affect MN Communities
A report by HousingLink shows that the foreclosure crisis continues to be a problem for communities across Minnesota. According to HousingLink’s projections, over 28,000 Minnesotans will lose their homes to foreclosure in 2008. In greater Minnesota, the highest rates of foreclosure are in counties surrounding the Twin Cities metro area and major regional centers such as Duluth and Rochester.
The report was sponsored by Greater Minnesota Housing Fund, Minnesota Housing, and the Minnesota Home Ownership Center . To view a copy of the full report, or to look at county-by-county foreclosure data, visit www.gmhf.com (follow the link for "Foreclosure Crisis: Tools and Resources").
Sources: Star Tribune, National Association of REALTORS®, REALTOR® Magazine, Citizens League
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If you are transferring an agent from one office to another, please complete the "Member Changes" section of the REALTOR® Change Form where it says, "Transferring from (old office)" and "Transferring to (new office)"
The "Change Office Information" section is used if the office itself is changing its name and/or address, etc.
Also, please make a copy of our latest REALTOR® Change Form and Membership Application to keep on hand at your office. We do update these periodically, and each has been updated in the past month. Both can always be printed right off our website as well. Simply go to www.mplsrealtor.com, click on "Download Forms" in the upper right hand corner of the homepage under "Things To Do."
Or click here! Most of the Membership forms are located under MLS and Membership.
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 The May/June 2008 issue of The REALTOR® is available online now. Plus, all MAAR members will receive one in the mail.
This issue hammers home the importance of "Quadethicireq," calls for MAAR Board of Directors nominees, tells you how we're putting a whole lot of paper behind us, and offers a recap of our successful 2008 REALTOR® expo.
Oh, and cheggitout: Whenever you see a link, it's probably linkable. Save yourself some type time, because your time is precious and your fingers are tired and sore.
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 Learn more about the Mexican real estate market and real estate developments at the MINT Conference, June 19–21, 2008, in Cancun, Mexico. The MINT Conference, sponsored by AMPI (Mexican real estate association), features a 4-hour NAR course—"Doing Business in Mexico"—as well as countless opportunities to meet and dialogue with Mexican real estate practitioners and developers.
If you have ever considered learning more about the Mexican market, this event may be just the venue. For those who are pursuing their Certified International Property Specialist (CIPS) designation, "The Americas" course is available for MINT Conference attendees for an additional $100 (course will be held on June 18 preceding the conference). MINT Conference registration is $350.00 (plus VAT), special hotel rates and airline discounts are available.
For registration, hotel and airline discounts visit this website.
Source: NAR International
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 Preliminary Central Corridor Design Plans Available for Review
Preliminary design plans for the Central Corridor light rail line will be the subject of a series of public hearings beginning May 29 and continuing for several weeks thereafter. To view a copy of these plans, click here. To view a copy of the plans in person, visit one of the sites on this list. For more information about the May 29 joint public hearing to be convened by the Ramsey and Hennepin County Rail Authorities and MnDOT, click here.
 The Minneapolis Advantage Loan Program
The new Minneapolis Advantage Loan Program also begins May 1 when applications may be submitted. The loan is a downpayment and closing cost assistance program to help rebuild the housing market in key neighborhoods that have experienced mortgage foreclosures, offering a $10,000 zero percent interest rate loan forgivable over five years to anyone buying a home in which they will live in eligible neighborhoods. Program guidelines, an eligible neighborhood map, frequently asked questions and a loan application are published here on the Minneapolis website.
REALTORS® Make the Annual Trek to DC for Midyear
All this week, REALTORS® from across the nation are chilling in Washington, DC for NAR's Midyear Legislative Meetings and Trade Expo. Advancing NAR's legislative agenda on Capitol Hill has taken on increased urgency this year. Despite the national media obsession with portraying real estate as a single national market, NAR will set the record straight for Congress. You can follow all the May Midyear action right here.
Sources: Ramsey County; City of Minneapolis; National Association of REALTORS®
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Two New, One Off, One Full
 By popular demand, we have added two classes to the schedule in May, starting with "Robbinsdale Area Schools: A 'Choice' Location," a 4-credit course on May 22 from 8 a.m. to noon. The second addition is "The Power of REALTORS® to Protect the Lakes and Streams of the Minnehaha Creek Watershed," a 3-credit course on May 28 from 1 to 4 p.m. See below for more details.
Upcoming MAAR classes listed below. Start your registration process here.
eEssentials 3 – Making Every Word Count
May 15, 9:00 a.m. – noon
Take advantage of some of the valuable features inside this versatile program. Review basics like changing font face, size and color; spacing and indentation; text boxes, inserting and sizing photos; bullet points; headers and footers; and more. Leave this class with the skills to utilize Word to build marketing materials.
Credits: 3
Location: The PDC@RFC, 4450 W 76th St, Edina, MN 55435
Tuition: $36 REALTOR®, $72 Non-REALTOR®
What Did You Say?
Understanding Nonverbal Communication
May 19, 9:00 a.m. – noon
Few would argue that communication is the key to success in real estate. However, while many work on speaking and listening skills, few work on understanding nonverbal forms of communication. In this class, you will learn how to better understand body language. You will also get real-world exercises of the body language you transmit when you first meet a client in situations such as an open house. You will enjoy the fun pace and informative nature of this class.
Credits: 3
Location: MAAR Office, 5750 Lincoln Drive, Minneapolis, MN 55436
Tuition: $36 REALTOR®, $72 Non-REALTOR®
Real Estate Math: Mortgages
Mortgage Qualifying – Rules, Ratios and Requirements
May 19, 1:00 p.m. – 4:00 p.m.
It's easy enough to calculate a maximum housing payment "ratio" or learn about the "rule" that limits seller concessions to 2 percent of sale price on investment property, but have you ever wondered why we have so many other requirements and who made them up? Get a fascinating and informative look at the real story behind mortgage rules, ratios and requirements. Vibrant, fast moving and informative, this class gives you an innovative view and an expanded understanding of this key component in the real estate industry.
Credits: 3
Location: MAAR Office, 5750 Lincoln Drive, Minneapolis, MN 55436
Tuition: $36 REALTOR®, $72 Non-REALTOR®
Wake Up, Shift Happens!
May 20, 1:00 p.m. – 4:00 p.m.
The only constant in our real estate market is change, and the only way to be prepared is to understand the reasons behind the changes. Get the answers to such questions as "When will buyers come back?" and "Why are there so many listings?"
In an interactive, small-group setting, you will investigate:
• Recent shifts in the Twin Cities real estate market
• Projections for the Twin Cities real estate market
• Changes in today's real estate consumer
You'll walk away feeling like a budding economist armed with the answers to the important questions of a changing, shifting real estate market.
Credits: 3
Location: MAAR Office, 5750 Lincoln Drive, Minneapolis, MN 55436
Tuition: $36 REALTOR®, $72 Non-REALTOR®
Code of Ethics / Agency & Fair Housing
May 21, 9:00 a.m. – 11:30 a.m. / 1:00 p.m. – 3:00 p.m.
The Code of Ethics (COE) portion of the program will provide a review of the National Association of REALTORS® (NAR) COE. You will receive a great review of the foundation of our business and presentations of real-world case studies that demonstrate the importance of the NAR COE. This class meets the NAR 2008 COE training requirement. The newly designed Agency & Fair Housing portion of the program reviews the various federal and state protected classes as they relate to REALTOR® duties and Minnesota Agency Law. This course will also provide a look at demographic changes in the real estate market, homeownership trends and a review of fair housing court cases involving real estate.
Credits: 2.5 for Code of Ethics / 2.0 for Agency & Fair Housing
Location: Southdale Hennepin Resource Library, 7001 York Ave S, Edina
Tuition: For our 30th anniversary, it's $30 for BOTH classes
or $30 for EACH class (sorry, no splitsies!)
Robbinsdale Area Schools: A "Choice" Location
May 22, 8:00 a.m. – noon
Robbinsdale wants to help you help families make a home in their district, which includes all or part of seven cities in the northwest suburbs. The Robbinsdale district is a "choice" location because families have so many academic options to pursue that best fit the needs of their children. Robbinsdale offers rigorous International Baccalaureate and Advanced Placement coursework from 6th to 12th grade and a popular, comprehensive K-8 Spanish Immersion program. Families are also attracted to the incredible fine arts programs available at every school, including orchestra beginning in 4th grade and showcased at an annual choral, band and orchestral performance at Orchestra Hall. And that's only the tip of the iceberg! See the rest at this informative, fast-paced session.
Credits: 4
Location: Sunny Hollow Elementary School, 8808 Medicine Lake Road, New Hope, MN
Tuition: $48 REALTOR®, $96 Non-REALTOR®
eEssentials 4 – How to Excel with Excel (class is full)
May 22, 9:00 a.m. – noon
As REALTORS®, we can use the power of Excel for stats, graphs, profit-loss statements and more. You will be introduced to elements such as spreadsheet data entry, graph generation and creating simple formulas. This class will use NorthstarMLS Matrix and Word. If you need a refresher on either of these, we strongly recommend eEssentials 1 and eEssentials 3 before taking this course.
Credits: 3
Location: The PDC@RFC, 4450 W 76th St, Edina, MN 55435
Tuition: $36 REALTOR®, $72 Non-REALTOR®
The Power of REALTORS® to Protect the
Lakes
and Streams of the Minnehaha Creek Watershed
May 28, 1:00 p.m. – 4:00 p.m.
Do you sell lakeshore, stream, pond or wetland property? Does water quality affect property values? As a REALTOR®, where do you find specific information about lakes and streams? How clean is the lake or stream? What information should you share with new and potential lakeshore property owners? If any of these questions pertain to you or your business, this is your class.
Credits: 3
Location: The PDC@RFC, 4450 W 76th St, Edina, MN 55435
Tuition: $36 REALTOR®, $72 Non-REALTOR®
eEssentials 5 – Making Your Point with PowerPoint
May 29, 9:00 a.m. – noon
PowerPoint gives you the tools to create impressive and informative visual presentations. You will learn about inserting photographs, changing presentation design, colors, slide transitions, auto-play and more.
Credits: 3
Location: The PDC@RFC, 4450 W 76th St, Edina, MN 55435
Tuition: $36 REALTOR®, $72 Non-REALTOR®
Challenges of the Condo/Townhouse Sale
May 29, 9:00 a.m. – 1:00 p.m.
There is a different set of issues and challenges real estate professionals face when working within common-interest communities like condos and townhouses. Are you aware of what documents are required to complete the transaction? What rights do buyers have with regards to community documents? What are the state-regulated timelines and requirements when selling these types of properties? This class is designed to provide answers to questions such as these. Leave with a wealth of tips and information you will be able to use in your next condo/townhouse sale.
Credits: 4
Location: MAAR Office, 5750 Lincoln Drive, Minneapolis, MN 55436
Tuition: $48 REALTOR®, $96 Non-REALTOR®
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 Fasten your seatbelts!
Las Vegas-based author and entrepreneur Barbara Winter is speaking at the next WCR meeting on Wednesday, May 14! Barbara will be sharing her creative strategies for "Marketing On A Shoestring." The timing is perfect as many of us are trying to find ways to pump up our business without selling our first-born child! Author of the bestseller Making a Living Without a Job, Barbara will help you see your business and life from a new perspective. Don't miss it! Sign up for her free e-newsletter at www.barbarawinter.com. This will sell out so reserve early!
Date and Time: Wednesday, May 14, 11:00 a.m. – 1:00 p.m.
Location: Park Plaza Hotel, 4460 W 78th Street Circle, Bloomington, MN 55435
Cost: $20 for members; $30 for nonmembers and guests
Please plan to pay by cash or check; no credit cards. Receipts are offered for tax purposes.
If you are not already a member you can join at the luncheon for $120/year!
WCR is an organization open to all real estate agents and real estate-related affiliates such as title companies, inspection services, etc. ALL ARE WELCOME! For more information, please contact Colleen Schultz, VP of Membership, colleenschultz@remax.net, 952.221.5215 or Maura Kolars, President, mauraperk@aol.com, 612.382.5990.
Source: Women's Council of REALTORS®
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 Twin Cities Habitat for Humanity invites you to celebrate with them as they dedicate the home of Wa Meng Xiong and Kia Lee at 1418 25th Ave N in Minneapolis on May 17 at 11:00 a.m. (program begins at 11:15 a.m.). This is the home MAAR members and staff helped build last September. An opportunity to socialize and tour the home will follow.
Source: Twin Cities Habitat for Humanity
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Date: Wednesday, May 14, 2008
Time: 7:15 a.m. Registration & Breakfast Buffet; 7:30 a.m. – 12:30 p.m. Program
Program Details: Click here
Location: Earle Brown Heritage Center, 6155 Earle Brown Drive, Brooklyn Center
Cost: $109 Special Rate; $139 After May 6
Credits: 4.5 Hours of Real Estate & Legal CE Credits Have Been Applied For
The Real Estate Communications Group and Minnesota Real Estate Journal present the 4th Annual Minnesota Land Development Conference, an event that has proven to be one of the industry's biggest real estate networking opportunity for the past three years, with over 700 industry leaders and professionals in attendance. Don't miss out on this exceptional opportunity to meet other industry leaders and gain valuable new perspectives on important topics impacting your business.
Program Agenda:
7:15 a.m. Registration & Breakfast Buffet
7:55 a.m. City Planning & Zoning Issues to Consider
8:40 a.m. Legislative and Case Law Update: Impact on Developers
9:15 a.m. Today's New Home Consumer
9:40 a.m. Tax Update for Real Estate and Construction
10:00 a.m. Break
10:10 a.m. Storm Water Management on Construction Sites: What Every Developer Needs to Know
10:45 a.m. Financing & Capital Market Strategies
11:05 a.m. Land Owners & Developers: 1031 Exchanges Options to Consider
11:40 a.m. Developer's Forecast
12:30 p.m. Adjourn
For registration info, contact Stephanie Awe, sawe@recg.com, 952.405.7785 or Register Today.
To participate as a sponsor to this event or for information on a future event, contact Aaron Steele, asteele@rejournals.com, 952.405.7782, or Chad Larson, clarson@rejournals.com, 952.405.7790.
Source: Real Estate Communications Group
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 REsearch Minnesota™ is now available to you as a core service with your full agent-level NorthstarMLS subscription (unavailable to affiliate-level members). Owned by RMLS, REsearch Minnesota is a web-based property information resource containing property and market information for the Twin Cities area. Data is obtained from the same county sources as the tax data on NorthstarMLS. There are two ways you can access and explore this information:
1) Exciting new property maps! Click the "Tax" tab on NorthstarMLS Matrix. Run any tax search for Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, Sherburne, Wright or Washington County. On the Tax Full displays for these counties, you will find two new links in a shaded blue section: "Plat Map" and "GIS Map" (except Sherburne has only GIS Map). Click either link to open a new window containing that map for the property you are viewing. You will be viewing the map from within REsearch Minnesota (when you click the link from Matrix, you are automatically logged in to REsearch Minnesota). After you are finished with the map, you may close the window or continue to explore REsearch Minnesota from within that window.
2) You may also go directly to the REsearch Minnesota site and log in at www.platresearch.com/REsearch/plat/. Use your NorthstarMLS agent ID and password to log in. Once there, you can conduct searches, create reports and view maps.
For help using REsearch Minnesota, several reference guides are available here. Also, upon logging in to REsearch Minnesota, you will find a "Help" icon in the upper right portion of the screen with instructions on how to perform tasks within the system. For technical support, contact the NorthstarMLS Help Desk at mlshelp@northstarmls.com or 651.251.5456.
Source: Regional Multiple Listing Service (RMLS)
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 System Helps on New Postal Rates, Rule
Postal rates increase yet again on May 12. Some rules are changing, too. REALTOR Benefits® Program partner Pitney Bowes' mailstation 2 digital mailing system and its built-in scale allow you to weigh and calculate postage at the touch of a button.
In a special offer to REALTORS®, Pitney Bowes is offering a 90-day free trial along with $50 in postage coupons. After the trial, rent the meter for $18.99 a month for one year (plus the cost of postage and supplies). For more information call 800.376.3093 and refer to order number 999991618. more
 Dell Offers "Double Your Discount" in May
Take advantage of an offer from NAR's REALTOR Benefits® Program partner Dell. For May only, NAR members save 12 percent on Dell Precision workstations, Latitude laptops, OptiPlex desktops, PowerEdge servers and PowerVault storage. Save 10 percent on software and peripherals including printers, monitors, digital cameras, GPS devices, TVs, and projectors. Save 6 percent on Vostro desktops and laptops. To order, call 877.648.3355 and the sales representative will apply your NAR member discount to your order. NAR double discount cannot be combined with other Dell discounts or promotions. more
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 Learn why agents across America are calling this the best real estate seminar they've attended.
Max will condense 3 days worth of high-impact real estate marketing knowledge into one of the most valuable three hours of your career – for free.
St Paul, MN
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Thursday, May 22, 2008
Time: 9:00 am - 12:30 pm |
Hilton Garden Inn
St. Paul City Center
411 Minnesota Street
St. Paul, MN 55101 |
Arrive at 8:30 am for a complimentary continental breakfast! |
Source: STCAR, realtor.com
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 Get wise to the products and tools that attract clients into homeownership at the Home Programs Industry Training & Homeownership Workshop.
Learn how to be better equipped to work with Minnesota's diverse and changing populations. Continuing education credits have been applied for.
Date: Saturday, May 17, 2008
Time: 8:00 a.m. Meet and Greet; 8:30 a.m.–11:30 a.m. Homeownership Workshop; Noon–3:30 p.m. Homeownership Fair
Location: Wilder Center, 451 Lexington Pkwy N, St. Paul
Register online at www.ehousing.cc/cityliving_0517.htm. Questions? Contact Stephanie Hawkinson at 651.266.6586 or stephanie.hawkinson@ci.stpaul.mn.us.
Source: eHousingPlus
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 Five winners will receive $10,000 grants and national publicity
REALTOR® Magazine, the official publication of NAR, is seeking help in identifying nominees for the 2008 Good Neighbor Awards. The program—now in its ninth year—recognizes REALTORS® whose extraordinary commitment to community service has helped make their communities better places to live. Deadline for entry is Friday, May 23, 2008.
In November, five winners will be announced in REALTOR® Magazine and will be recognized at the 2008 REALTORS® Conference & Expo in Orlando. Five winners will receive a $10,000 grant for their community cause, travel expenses to the convention and extensive publicity to benefit their cause. In addition to the winners, five honorable mentions will receive $2,500 grants.
Eligible activities include any volunteer work that helps improve the quality of life in a community. Entry form, rules, judging criteria, and profiles of past winners are available here.
Source: National Association of REALTORS®
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