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 Michigan REALTOR E-News 

 

Governor Rick Snyder to Speak to RPAC Investors During RPAC Appreciation Luncheon
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Governor Rick Snyder.pngGovernor Rick Snyder will be the special guest at this year’s RPAC Appreciation Luncheon! The invitation-only luncheon will take place on Wednesday, September 27th during The Convention in the Amway Grand Plaza Hotel in Grand Rapids. Invitations to the luncheon, along with instructions on how to RSVP will be sent to RPAC investors of $200 and over in mid-August. Please note - the RPAC Appreciation Luncheon replaces the RPAC Appreciation breakfast that has been held in previous years. We hope to see you there!

Support the future of real estate with your RPAC investment today and join us at the luncheon to hear the latest on politics and policy in Michigan, and to celebrate the announcement of the 2017 Realtor® Active in Politics Award.

Don’t miss out! Make your investment today by visiting Mirealtors.com.

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Are you registered for The Convention? Early registration rates end September 1st. The Amway Grand Plaza Hotel reservation cut-off date is September 8th.

Register Online and Save

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Have You Signed up for Realtor® Party Mobile Alerts?
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Do you want to join thousands of fellow Realtors® across the country in a strong united voice on issues affecting the real estate industry? Just text Realtor to 30644. That's it. It only takes a minute!

By signing up for the Realtor® Party Mobile alerts, you will be able to join your fellow real estate professionals in participating in Realtor® Calls for Action on legislation affecting the real estate industry.

Several issues are active in Washington D.C. and many have a direct impact on our business. With discussions at the federal level surrounding tax reform, including a potential elimination of the Mortgage Interest Deduction, we need to keep our voices strong not only on behalf of our industry, but for our home-buyers and sellers too. In addition, the National Flood Insurance Program is set to expire at the end of September. Without reauthorization, many transactions will be completely lost or in jeopardy. A NAR Call for Action will be launched this month urging members of Congress to support the “21st Century Flood Reform Act”.

We must be ready to send a very strong, united message to our Michigan members of Congress to protect and preserve the Mortgage Interest Deduction, and to support efforts to reauthorize the National Flood Insurance program.

Text Realtor to 30644 today!

Let's be ready. When you get a Call for Action, you have the power to send a strong message to your member of Congress, all in a matter of minutes!
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Reminder: Keep Compliance on the Radar

As you have heard, beginning January 1, 2018 the Department of Licensing and Regulatory Affairs (LARA) will undertake greater enforcement of real estate advertising, including the clarification on type size. Over the next several months, Michigan Realtors® will be embarking on a communications campaign to make sure that all Realtors® are informed and in compliance. LARA is indicating that it will be more active in the enforcement of real estate advertising. To that end, it is important that all Realtors® review their advertising to ensure that it satisfies the current requirements as well as those that are forthcoming on January 1, 2018.
 
View Key Changes in Public Act 502

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Real Estate Safety, Safety and You
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In this award-winning video, consumers learn about the potential safety protocols they may encounter when working with a Realtor®. It’s a great resource to share with clients to educate them about the importance of Realtor® safety.

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Legal Lines – Question of the Month
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With the help of McClelland & Anderson, we are taking the most recently asked questions from our legal hotline and putting them in E-news. We will be featuring a different question each issue.

QUESTION:
I am listing a property on behalf of a Habitat for Humanity affiliate. Habitat acquired the property through a foreclosure of a mortgage it had on the home. Since it is not a bank, it is my understanding that it does not fall within the exemption in the seller disclosure law. Am I correct?

ANSWER:
NO. Since the Habitat for Humanity affiliate acquired a home through foreclosure of its mortgage, it is exempt from the seller disclosure law. A subsequent sale by any mortgagee who has foreclosed on a mortgage is exempt. If someone other than the mortgagee buys the home at the foreclosure sale, its subsequent sale of the home is not exempt.

For more Legal Q&A, visit our Legal Resources Web site.
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Featured Member Benefit: August FREE RPR Webinar

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RPR Mobile™—Big Data, Powerful Reports—Anytime, Anywhere
August 24, 2017 (Thursday)
2:00 PM Eastern
Register
 
Earn 1.0 hour of CE Marketplace Certified Credit for attending.

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In This Issue:
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District Director Elections
August 29, 2017
Online Voting Opens
View Candidates
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The Convention
September 27–29, 2017
Amway Grand Plaza Hotel & DeVos Place
Grand Rapids

Register Online
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Graduate Realtors® Institute (GRI)
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We’ve Got Your Certified CE!
Visit www.cemarketplace.net
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Real Estate Radio Today: First Time Buyers
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Real Estate Today opens doors for buyers and sellers with critical and credible information on the real estate market. It’s fast paced and fact packed with experts, interviews, call-ins, field reports, and timely market conditions.
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Listen to Podcast

 

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Michigan Realtors®
http://www.mirealtors.com/
720 N. Washington Ave
Lansing, MI 48906
USA
800-454-7842

 
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