Focus on Research and Technology
IAR Releases Monthly Markets Report –
April Home Sales and Prices Better Than 2012
April was a busy month for REALTORS® in Indiana as housing markets across the state saw more sales and higher prices than the same month of last year. Statewide, when comparing April 2013 to April 2012, the number of closed home sales increased 18 percent to 6,569. The median sale price of those homes increased 2.6 percent to $119,000; the average sale price increased three percent to $141,697. And, the number of pending home sales increased 21.3 percent to 7,402.
Read the full monthly report and see county-level housing data
the Resources tab of IndianaRealtors.com.
NAR Helps Members Navigate the Sea of Apps -
CRT Introduces REpurposed Apps During Midyear
The Center for REALTOR® Technology introduced REpurposed Apps during the National Association of REALTORS® recent Midyear Legislative Meetings & Trade Expo. REpurposed Apps is a website for members (only) to engage each other, recommend and share apps that they use in their daily workflow. It's a great resource to help you navigate the wide sea of apps that exist today: http://www.repurposedapps.com
Focus on Education
License Law Update in
Renewal Deadline for Broker Licenses Officially Extended, Legacy Brokers to Complete 24 C.E. Hours by 6/30/2014
In order to align the
license renewal cycle of broker licensees with that of
salesperson-transitioned-to-broker licensees, the Indiana Real Estate
Commission (IREC) just officially extended the renewal deadline from June 30,
2013 to June 30, 2014. While the extension was intended as part of the original
license law update, it wasn’t able to be legally accomplished until May 7, when
Governor Pence signed Senate Enrolled Act 615 into law.
News of the deadline
extension has naturally caused some confusion among the broker community. We
hope this memo clears things up.
In short, legacy brokers
– those who were licensed as a broker on or before June 30, 2012 – must
complete 24 hours of continuing education prior to the new license renewal
deadline of June 30, 2014. Here is the breakdown:
- 16 C.E. hours of the old curriculum—6 mandatory and 10 elective hours taken any time after
July 1, 2011, just as a broker would have prior to the license law update
according to the old two-year license renewal cycle and deadline of June
- 8 C.E. hours of the new curriculum—This has yet to be established by the IREC, but should
be in the next few weeks in order to give schools and instructors time to
prepare appropriate classes. This cannot be taken before July 1, 2013.
RECP is now offering a
live, two-day class at a variety of locations around the state for just $99 to
help legacy brokers fulfill their 16-hour C.E. requirement. RECP is also
offering this class online and on-demand for the same price so brokers can learn
from any computer anywhere at their own pace. Visit www.RECP.org or call 1-800-742-4067 for more information and to register.
Once the curriculum is
established for the 8-hour C.E. requirement, RECP will offer both live and
online/on-demand classes for legacy brokers.
Focus on Advocacy
Chief Executive Magazine Ranks IN as Best Place to Do Business
Indiana was ranked as the best place to do business in the Midwest and the fifth best nationwide in a survey of more than 500 chief executives by Chief Executive magazine. Combine that with affordable housing that has historically held its value and famous Hoosier hospitality...quite the welcome mat! Read the state's press release here.
RPAC is the Best Investment You'll Make In Your Business –
April Fundraising Totals and Award Levels
Thank you to all those who contributed to RPAC in April. Since 1969, RPAC has been promoting the election of pro-REALTOR® candidates across the United States. RPAC money goes to those candidates who both understand and support REALTOR® issues. RPAC is the only political group in the country organized for REALTORS®, run by REALTORS® and exists solely to further issues important to REALTORS®. Check out how your local board/association is stacking up against the fundraising competition here. Need Fundraising Assistance? Contact Eric Augustus
Focus on Legal Affairs
2013 Marks Code of Ethics Centennial –
Celebrate Your Commitment with a Facebook Cover Photo
2013 marks the centennial of Code of Ethics and Standards of Practice of the National Association of REALTORS®. To celebrate, thousands of members have placed a banner image highlighting their commitment to the Code as their Facebook cover photo. To get your own, visit this page at Realtor.org and choose whichever quote and design you prefer. There are also instructions on that page to help you Photoshop your own image into the banner.
Once your image is ready, here's how to change your Facebook cover photo:
(1) Log in to Facebook and then click on your name in the upper left hand corner (next to the tiny avatar photo). (2) Move your mouse to the area just over "Activity log" in the upper right side of the page. Click on "Change Cover". (3) From the dropdown menu that appears, select "upload photo". (4) A window will open up, and you can navigate to and select the image we sent you. (5) A "Drag to reposition cover" message will pop up, so you can move the photo around if you like. (6) Just click the blue "save changes" button and you are all set!
Visit this Flickr photo gallery for examples and inspiration.
IN Commercial Real Estate Conference
Indiana Real Estate Markets ReportJune 24, 2013
RE BarCamp South Bend
July 17, 2013
More Info»IAR Conference & Expo
September 18-21, 2013
CRS 200: Business Planning & Marketing
October 17-18, 2013
Digital Ink® Update
You spoke and zipLogix
listened – The Digital Ink® aspect of your IAR zipForm6 account has
made a few changes to make your signers more comfortable with the
process. Learn more about the changes here. A quick overview on using Digital Ink® can be found here.