Indiana REALTOR Advocate
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Focus on Research and Technology

markets reportIAR 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 under the Resources tab of

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:

Focus on Education


License Law Update in Progress  –
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 30, 2013.
  • 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 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

REALTOR 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

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 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
June 13-14, 2013 
More Info»

Indiana Real Estate Markets Report
June 24, 2013 
More Info»

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
More Info»


Digital Ink
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


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