Indiana REALTOR Advocate
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Focus on Advocacy

REALTOR AdvocacyIAR Calls Members to Action –
Senate Bill 520 Would Eliminate Real Estate Broker License

Earlier this week, IAR emailed all members asking them to contact their state Representative and the Chairman of an Indiana House committee that will consider Senate Bill 520 to request that the real estate broker license be exempted from this harmful bill. If you have yet to respond to the call for action, please do so here. It will take only the time necessary to enter your name, mailing address, email address and click send.

If you have extra time: Please share the link above with your fellow REALTORS®. A strong response to this call for action will go a long way toward saving the real estate license you earned and have built a career around, and continue protecting the marketplace.

If a fellow REALTOR® did not receive this email or the one IAR sent earlier in the week: Direct them to the upper right corner of where they can sign in to the National REALTOR® Database System (NRDS) and enter the correct email address in their member record.

More on Senate Bill 520: The bill, authored by state Senator Randy Head (R-Logansport), wouldn’t just eliminate the real estate broker license (in 2018 unless the legislature votes to retain it); it actually takes aim at all professional licenses. Nicknamed “the ERASER bill” because it “eliminates, reduces and streamlines employee regulation”, SB 520 would create a large new government committee to annually review for the next several years a certain number of professional license requirements until the list is exhausted. After review, if the legislature fails to act on each, those licenses will be eliminated.

Let’s remind legislators that a home is the single most expensive purchase a majority of Hoosiers will ever make. Now, in the wake of the recent housing crisis, is not the time to play risky games with our professional license and decrease consumer protection. We wonder: would they want their own real estate deal scuttled by an unlicensed broker who has no idea what they are doing and will face no consequences? Respond to the IAR call for action today.

RPACRPAC Fundraising Totals for February

Thank you to all those who contributed to RPAC in February.  With spring upon us, don’t forget about RPAC while you’re busy doing your spring cleaning! Check out how your local board is stacking up against the fundraising competition here: 2013 Fundraising Totals and Fair Share Report

Need Fundraising Assistance? Contact Eric Augustus

Focus on Education

RECPRECP Urges Salespersons to Beat the Rush –
Offers Bonus GRI Credit with its Broker Transition Course

Recent changes to Indiana real estate license law require licensed salespersons to transition to brokers before July 1, 2014.  RECP recommends completing the transition course by January 1, 2014 to avoid a possible backlog of processing.  As an added bonus, licensees who complete the transition course from RECP will satisfy their continuing education requirements and earn 22 credits towards a GRI designation! Enroll today in an online (OnDemand) or in-person 24-hour broker transition course.

Learn More About GRI:  Join the Graduate REALTORS® Institute (GRI) text club for more information about the GRI designation, available courses and fun prizes! To join, text GRI to 71813.

Brokers:  Take CE in the Classroom or Online with RECP

Licensed Indiana brokers need to complete 16 hours of continuing education by June 30, 2013.  The 16 hours must include six mandatory credit hours and 10 elective credit hours. RECP offers live, two-day CE classes around the state for just $99.  Or take RECP's 16-hour OnDemand (online) package for the same $99 price.  Complete the OnDemand CE at your convenience from your home or office computer.

RECP Answers Your Questions

How will Indiana's real estate license law changes impact existing managing and principal brokers?

If on June 30, 2014 you are a Principal Broker, you will be grandfathered in as a Managing Broker on July 1, 2014.  Branch managing brokers will need a one-time course for Managing Brokers.  Managing Brokers will need to take a 24-hour curriculum course, pass the exam and apply for the proper license.  Future CE requirements for Managing Brokers will be 12 hours of CE per year with 4 of the 12 hours of CE per year.  4 of the 12 hours will be in specific managing broker curriculum.  This continuing education will not include testing.

  Indiana Real Estate Markets Report
March 25, 2013

  More Information

  2013 Nationwide Open House
April 20 - 21, 2013

  More Information

  NAR Midyear Legislative Meetings
May 13-18, 2013

  Register here



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