Legal Hotline Receives 517 Inquiries in April
IAR attorneys received 517 different inquiries last month via the Legal Hotline. Want to know what’s on the minds of real estate practitioners around the state? See a summary of inquiry types at the bottom of this password-protected page: IndianaRealtors.com > Legal Affairs > Hotline.
As a reminder, the Legal Hotline is available to Principal and Managing Broker IAR members and their designated agents (PBs and MBs can designate agents at the link above). There are three ways to use the Hotline:
Focus on Government Affairs
Sign Up for Text Club If Travelling to D.C.
Heading to Washington, D.C. in mid-May for the REALTOR® Party Convention & Trade Expo hosted by NAR? Stay in touch with the Indiana delegation through a special text club. Text DC to 71813 to join. Also, let us know if you did not receive an email with IAR events. We sent that a week ago Wednesday afternoon. Email Stacey Hartman at firstname.lastname@example.org.
Focus on Education
Judy Cook: Retain Clients Property Management Style
Judy Cook offers this article on how to retain clients property management style. Judy spoke to attendees of the 2012 IAR Conference & Expo at the invitation of RECP and received rave reviews.
Salespersons Have Just 8 Weeks to Transition License
There are 6,300 real estate Salespersons who still need to upgrade their license to Broker status before June 30, 2014. With just 8 weeks until the deadline, the state is already experiencing a backlog in processing Broker license applications. And, many education providers are reporting the required 24 hour Broker Transition courses to be filling up to capacity. Salespersons are encouraged to act now or risk an expired/non-renewable license on July 1, which would not only prevent participation in a transaction, but also require a 90 hour pre-licensing Broker course for reinstatement.
The exception is for those Salespersons who completed a Broker Transition course before June 30, 2014 but did not apply for a Broker license in time and/or apply in time for the new license to be granted by June 30. Their license will expire on July 1, thus preventing them from participation in a transaction, but they can apply for a Broker license within a year of completing the Broker Transition course without having to take the 90-hour pre-licensing Broker course for reinstatement.
Beat the rush with RECP’s online/on-demand Broker Transition Course. You can sign up for RECP’s live courses via that link, as well, which are planned for locations all around Indiana.
Sign Up to Get Details on Post-July 1 Pre-licensing Course
Effective July 1, 2014, those entering the real estate profession in Indiana will do so as a Broker via successful completion of a 90 hour pre-licensing course. RECP plans to offer the 90 hour pre-licensing Broker course live at locations scattered throughout the state and online/on-demand. However, the Indiana Real Estate Commission does not plan to approve the course curriculum until mid-July, so RECP is unable to publish any more details about its planned courses -- materials, locations, cost, etc. -- until that happens. Sign up here to be notified when the new 90 hour pre-licensing Broker course is available. Email questions to email@example.com.
Focus on Research & Technology
Mashable: Internet Explorer Gets Its Security Patch
From Mashable on Thursday: “It's been the better part of a week since Microsoft revealed that virtually every single version of its Internet Explorer web browser was vulnerable to a particularly nasty attack, one so scary that U.S. Homeland Security recommended people not to use the browser until the hole is patched. Now, it is.” Find out if you need to take additional action and read more here.