Minneapolis Area Association of REALTORS® | Go to web enotes if you cannot view this email.

enotes – Week of March 7, 2011

in this issue
News and Updates Events
Weekly Market Activity Report for 3-7-2011 Mar 7 – Apr 3 Parade of Homes Spring Preview
Hold On Your MAAR Member Number Mar 11 Broker Support Meeting | E & O Session
Education: Earn Credits Towards CRPM Designation Mar 12 Jumpin' Jive Fundraiser
Are You A Classic REALTOR®? Mar 22 Real Estate Tech Tank: Swanepoel
Need New Material? 5 Articles For Seller Clients Mar 23 Legislative Impact Day | #LID 11
Good Neighbor Award | $10K for Your Community Mar 23 Market Have You in a Free Fall?
Temp Budget Nears: Shutdown Risk Looms Mar 24 – 25 New Broker Workshop
Member Resource Benefit: MAAR Will Come to You Mar 24 New Member Tech Tank
Agents in MN Say Keep Your Hands Off Their Tweets Mar 31 NAR Webinar | GSE Reform
In Memoriam | Donald Oudekerk Apr 4 – 8 Member Appreciation Week
MLS 2011 Second Quarter Statements Are Out Apr 6 Broker Summit: Register Today
  Apr 27 Get Ready for Agent Reboot!


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Events & Education

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Weekly Market Activity Report

For the week ending February 26, home purchase activity in the Twin Cities diverged further away from last year's tax-credit-inspired market. There were 606 purchase agreements signed during the week, which made for a 30.2 percent decline from year-ago levels. On average, over the past three months, Twin Citizens made a less-distorted 9.5 percent fewer home purchases than they did during the same three-month period in 2010.

On the supply side, sellers brought 1,238 new homes onto the market, or 27.8 percent fewer than the same week last year. The three-month average pace of listing activity was 16.1 percent slower than it was last year.

Both the 2011 and 2010 inventory levels have begun to climb at this time of year, which is normal. Sellers were more likely to list their home at this time last year knowing that credit-motivated buyers were more determined to purchase. It seems as though sellers wanted to ensure their property appeared in preliminary MLS queries while buyers continued to shop around for the best value up until the deadline.


Weekly Market Activity Report



Hold On Your MAAR Member Number

Thank you for taking extra steps to change the MLS login number to your NRDS number. Don't put away your MAAR member number just yet. For the time being, you will need it to sign on to the MAAR website to pay bills, register for classes and events and change contact information.

We know that two usernames is a bummer. We will be providing you with a better solution to log onto our website in the near future. | MORE INFO

If you have any questions, contact NorthstarMLS at help@northstarmls.com.



Education: Earn Credits Towards CRPM Designation

CRPM Designation

The most cost-effective way to preserve residential properties is through
proper management and preventive maintenance techniques. | FLYER

Date and Time: March 17 – 18, 9:00 a.m. – 4:00 p.m.
Cost: $199 members, $249 nonmembers




Mar IssueThe Source: Monthly EPD & MAAR Events Catalog

The March issue of The Source has arrived. Learn
about upcoming classes, events and programs.


Search all CLASSES (month at a glance).



Pot O GoldLooking for Online CE?

Receive a 17% discount

Promo Code: MARCH11


Offer expires March 31



REBACReady for Take Off?

Get your career off the ground
fast with the ABR® Designation Course. | FLYER

Date: March 28 – 29
Time: 8:00 a.m. – 4:00 p.m. each day
Cost: $249 Early Bird | $299 (Starting March 22)
Register: Call 952.908.2602





Are You A Classic REALTOR®?

1971 MustangLooking for REALTOR® Emeritus Members
In the spirit of the upcoming Auto Show, we are looking for some of our classic REALTORS® to showcase.

Did you become a member of the National Association of REALTORS® (NAR) in 1971 and have been a member for a cumulative period of 40 years in one or more associations?

If yes, you may be eligible for the prestigious REALTOR® Emeritus status.

Upon approval by the Board of Directors of NAR, no further payment of dues is necessary to NAR or the Minnesota Association of REALTORS® beginning in 2012. REALTOR® Emeritus members are also exempt from the Quadrennial Ethics Training requirement.

Applications must be submitted by Minneapolis Area Association of REALTORS® to NAR prior to April 1, 2011 for 2012 REALTOR® Emeritus status. If you believe that you are eligible, please contact Linda Stoeckicht at lindas@mplsrealtor.com.


Need New Material? 5 Articles For Seller Clients

PaintThe REALTOR® Content Resource is your destination for free, original home ownership content you can use in your consumer communications. | MORE INFO

Source: National Association of REALTORS®


Earn $10K for Your Community

Good Neighbor AwardREALTOR® Magazine's Good Neighbor Awards program recognizes REALTORS® who are improving the lives of others through volunteer work.

Each year, five winners are selected to receive $10,000 grants for their charities as well as national publicity to help their cause. | MORE INFO

Source: REALTOR® Magazine, National Association of REALTORS®



Temp Budget Nears: Shutdown Risk Looms

While it appears Congress will pass a short-term continuing resolution this week, the National Association of REALTORS® (NAR) is still preparing for the possibility of a shutdown at a later date.

A shutdown of nonessential federal government functions could occur if Congress does not act on a longer term budget resolution prior to expiration of the current resolution, which maintains operations at current levels until March 18. If a future shutdown is imminent, NAR will inform members on the potential impact on programs of concern. | MORE INFO

Source: National Association of REALTORS®


Member Resource Benefit: MAAR Will Come to You

Have MAAR present at your next office sales meeting. It’s easy. We have a crew that will touch on interesting topics that will help you stay fresh in the real estate sphere, locally and nationally. Choose your topic and suggest a visit date—that’s it. Most of the presentations are free unless it includes CE.

State of Real Estate – Local and National Real Estate Trends
MAARketing – Resourceful Marketing for REALTORS®
Where Are We Now? – Local Market Statistics Outlook (10K Research and Marketing)
What’s Happening in Your Area? – Regional and Local Governmental Affairs Issues

Mark AllenFeature:
The State of Real Estate by Mark Allen, MAAR CEO and former REALTOR®.

This presentation highlights local and national real estate trends and what consumers want from their REALTOR®.

Free with no CE or a small fee with 1 CE
Less than 25 agents=$50.
More than 25 agents=$2/agent.


To schedule a MAAR visit, contact Donnie Brown at donnieb@mplsrealtor.com or call 952.988.3133.


Agents in Minnesota Say Keep Your Hands Off Their Tweets

This story focuses on rules regarding the use of Twitter for agents in Minnesota. MAAR is communicating with the Department of Commerce and will continue to keep you in the loop on any developments. | ARTICLE

If you have any questions, please contact us at info@mplsrealtor.com.


In Memoriam | Donald Oudekerk, REALTOR®

Donald Henry Oudekerk, REALTOR® passed away on March 5, 2011. | READ MORE

Source: The Peterson Chapel


MLS 2011 Second Quarter Statements Are Out

Check your inbox for an MLS statement emailed on March 2. Agents are directly ebilled for second quarter (April, May, June) MLS services. Payment is due March 31. | Detailed Billing Schedule | Make A Payment

If you have questions, email accounting@mplsrealtor.com or call 952.933.9020.


Parade of Homes Spring Preview, March 7 – April 3

Parade of HomesThere will be 342 new homes open for the Parade of Homes Spring Preview. Visit your local Holiday gas station and pick up a 2011 guidebook. | MORE INFO

Dates and Time: March 7 – April 3, noon – 6:00 p.m.





Broker Support Meeting, March 11

Broker Support SeriesE & O And What You Should Know! 
This was a popular session last year, so we are bringing it back. We will have representatives from Travelers as guests to cover the basics about errors and omissions, what you should know as brokers and how it impacts your business. 

They will also share actual claims and how to prevent such instances from occurring within your company.

Date and Time: March 11, 9:30 a.m. – 11:00 a.m.
Location: MAAR

To register, contact Linda Stoeckicht at lindas@mplsrealtor.com or 952.988.3157.

Our broker meetings are a member benefit and free to all MAAR brokers and managers.


Jump JiveJumpin' Jive Fundraiser, March 12

City of Lakes Community Land Trust’s
2nd Annual Fundraiser

Date and Time: March 12, 7:00 p.m. – 11:00 p.m.
Location: International Market Square, 275 Market St, Mpls
Cost: $50
Register: clclt.org or 612.721.7556 ext 18

Source: City of Lake Community Land Trust


Real Estate Tech Tank (RETT), March 22

Real Estate Tech TankSwanepoel Trends Talk

Noted real estate trends and technology watchdog and MAAR 2011 Broker Summit keynote speaker, Stefan Swanepoel, recently released his 2011 Trends Report. This report has consistently predicted and influenced many topics in the real estate industry. many realities, real world use among REALTORS® and brokerages nationwide.

How does his 2011 trends include: Homeownership Under Fire, The Cloud, Business Diversification and Consolidation. We'll discuss these topics in this month's RETT and get you prepped for the 2011 Broker Summit at the same time!

| Facebook.com/rettmpls | Twitter: #rett


Topic: Swanepoel Trends Talk at RETT
Date and Time:
March 22, 1:00 p.m. – 2:30 p.m.

If you would like more information on RETT, contact Linda Stoeckicht at lindas@mplsrealtor.com.


Legislative Impact Day, March 23

LIDThis is a FREE day for you to network, listen, learn and voice your concerns as we bring the legislators to you this year!

Go to www.mnrealtor.com for a schedule of the day and to register. Even though it is a FREE event, your advance registration is required!

Speakers: MNAR Chief Operating Officer Chris Galler, 2011 Senate and House leaders, Governor Mark Dayton (not confirmed), MNAR government affairs staff and Doug Sosnick, former advisor to President Clinton.
Date and Time:
March 23, 10:00 a.m. – 3:30 p.m.
Location: St. Paul River Centre, 175 W Kellogg Blvd, St. Paul
Cost: Free (lunch provided)
CE: 4
Register: Email Kristan Waltz at kwaltz@mnrealtor.com.

National YPN RPAC Week is March 14 – 18. Stop by the Yo Pro booth at LID to learn more. | VIDEO

Follow the LID Conversation on Twitter | #LID11


Does the Real Estate Market Have You in a Free Fall?, March 23 Event

The current trends in the real estate market can leave you feeling like you're plummeting toward earth at break- neck speed. Real Estate Home Pages keeps up with the trends and gives you the resources and tools you need to make a safe landing in the current real estate landscape. | REGISTRATION

RE Homepages.com Seminar

Event: Real Estate Homepages.com Website and Marketing Seminar
Time and Date: 9:30 a.m. – 11:00 a.m.
Location: MAAR Office


New Broker Workshop, March 24 – 25

New Broker WorkshopAre you a new broker or thinking about becoming one? Wondering if you know all there is to know about running a real estate brokerage? Or are you a current broker that would just like a refresher course?

In this 2-day course, you will gain – valuable knowledge on all aspects of managing a real estate business from strategic planning to reducing risk to what makes a great leader. After this class, you will walk away with a course of action!

Date and Time: March 24–25 or May 18–19, 8:00 a.m. – 5:00 p.m.
Location: Royal Credit Union (RCU), 4450 W 76th St, Edina
Cost: $199 (includes materials) | CE Pass Members get 10% discount
CE: 16 CE Credits



New Member Tech Tank, March 24

MAAR offers a new monthly program for new members. It is a casual, non-intimidating setting for new REALTORS® to learn how to incorporate MAAR programs and products into your everyday business.

Bring your phones, iPads, laptops and questions. Walk away feeling more confident in knowing how to use new technology with your consumer! By the way, these meetings are a benefit of your MAAR membership and free of charge. No registration is required.

Event: New Member Tech Tank
Topics: Email management, Matrix, contact database, MAAR's 10K tools,
website/email marketing and social media marketing
Date and Time: March 24, 1:00 p.m. – 2:30 p.m.


Webinar | GSE Reform: The Issues That Will Impact Your Business , March 31


NAR analyst, Tony Hutchinson, explains how the federal government might reform the government sponsored enterprises Fannie Mae, Freddie Mac and the Federal Home Loan Banks. | REGISTER

Webinar Topic: GSE Reform: The Issues That Will Impact Your Business
Date and Time:. March 31, 2:00 p.m. – 3:00 p.m.


Member Appreciation Week, Watch for Registration Details, April 4 – 8



Broker Summit: Open to All Members, April 6 | 4.5 Credits

SummitNew Rules. New Additions. New Trends
Our favorite trend expert, Stefan Swanepoel, is coming back to our annual Broker Summit to discuss the top 2011 business trends in real estate. Plus, a panel discussion: The Appraiser, The Underwriter and The REALTOR®, and closing speaker Carr Hagerman: Top Performer – A Bold Approach to Work and Life.

Brokers are encouraged to invite their agents to attend this exclusive event. Imagine the impact of both brokers and agents hearing the same trend messaging in the same room. | FLYER | REGISTRATION FORM



Date: April 6
Location: Golden Valley Country Club, 7001 Golden Valley Rd, Golden Valley
Cost: $25 (lunch Included) | $65 nonmembers
CE credits: 4.5 (pending)

If you would like more information on the broker summit, contact Linda Stoeckicht at lindas@mplsrealtor.com.

Sponsor This Event
Do you know someone who would like to get in front of hundreds of brokers and agents? This sponsorship is open to affiliate members and nonmembers alike. Brokers and agents are not eligible. | SPONSOR FORM

For more information, contact Erin Milburn at erinm@mplsrealtor.com.


Get Ready for Agent Reboot!

Agent RebootFollowing a successful debut in 2010, Agent Reboot™ is back with an expanded 24-city tour across North America, and one of the next stops is in Minneapolis. Join Inman News™ for a daylong program that will be one of the best investments you make all year!

Agent Reboot provides local real estate professionals with smart advice and practical guidance from leading experts who know what works and what doesn't. Whether you're a technology newbie or a gadget guru, you'll leave Agent Reboot with a better understanding of the latest tech tools and marketing techniques to help you maximize your business potential. | MORE INFO | REGISTER

Event: Agent Reboot
Date and Time: April 27, All Day
Location: Depot Renaissance Mpls Hotel, 225 South 3rd Ave, Minneapolis


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