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March 2014

SPOTLIGHT


Flood Insurance Act Awaits President’s Signature

Obama and FEMAJust last week (3/13/14), the U.S. Senate passed The Homeowner Flood Insurance Affordability Act by a vote of 72-22. The President is expected to sign the legislation any day now. This legislation:

  • REPEALS (the original Senate bill only delayed) the property-sales provision in the Biggert Waters law (sec. 205) that has triggered the most excessive and inaccurate premium increases over the past year.
  • REFUNDS (the original Senate bill would not refund) excessive premiums to those who have already seen an increase but were not warned by FEMA prior to purchasing the property. (This would apply to ALL purchases of property including purchases of a second home or commercial property).
  • RESTORES (the original Senate bill only delayed) the grandfathering of lower rates when new flood maps are issued by repealing Section 207 of the law before any increases can be implemented.

For additional information, take a look at the NAR Issue Brief: Flood Insurance Side-by-Side Comparison.


QUORUM CALL

2014 Legislative Session & Conference

The 2014 Legislative Session came to a close just over a week ago. OAR successfully represented your interests in numerous pieces of legislation affecting the real estate industry. Read More »

 

Registration is now open for the Oregon Association of REALTORS® Legislative Conference being held May 28th at the Salem Conference CenterRegister Now Button

    • 3.5 hours FREE CE
    • Includes LUNCH
    • RPAC Reception to follow
2014 Legislative Conference Flyer

LEGAL HOTLINE

Successfully Selling an Occupied Rental Property

Q: I am representing the seller on a pending sale with a tenant on a month-to-month to lease residing on the property. The buyer is willing to take the tenant on so the seller doesn't have to give notice until the buyer takes ownership. At that point, the buyer will give the tenant 30 days’ notice and take possession at the end of those 30 days. The seller wants to know if the tenant is still theirs at the close of the sale. The seller is concerned that the sale is going to fail and then will be without a tenant. Obviously, the seller doesn't want to lose the tenant if the deal falls apart. What is the best course of action for the seller to avoid this scenario? Read Answer »

Legal Hotline

NEWS YOU CAN USE

NAR logoSteve Brown Screenshot
DEQ header

Mortgage Debt Forgiveness

In his latest video, NAR President Steve Brown explains why NAR supports an extension on mortgage debt cancellation relief.

 

Take a look »

Be Septic Smart

If you participated in the Mar. 12 septic webinar, you were one of the lucky ones who heard Priscilla Woolverton’s great presentation on this timely topic. Now the DEQ needs your help to make the voluntary septic system inspection program successful! Please talk with your clients about the Oregon Septic Smart. program & ask them to fill-out a voluntary Home Buyer Survey.


Oregon Real Estate Agency Sealelicense
Job Opportunity'

Electronic CE Reporting for License Renewal

As of May 1, every broker renewing his/her license will be required to input their CE records electronically into an Agency form via the e-License system. This is why keeping records on the Agency's form throughout the two year period makes the renewal process so much easier. Here’s a reminder of our quick reference guide to make the record-keeping process that much easier. 

Job Openings

Oregon Real Estate Agency: 

  Financial Investigator 1 (Investigator-Auditor)

Deadline: Mar. 31

 

Oregon Association of REALTORS®:

  Government Affairs Director

Deadline: Apr. 4


FEATURED MEMBER BENEFIT

Webinar Library

Can’t make it to one of our webinars when the class is being offered? Don’t worry! You can still get access to all that great information via our webinar library. Although we can’t offer CE for post-class viewing, the information is still just as valuable and an eternal resource. Check it out!

Webinar Library

EDUCATION

Boost Your Business with Continuing Education!

CineMeeting™: Commit to Success & Rise to the Challenge
Join thousands of your industry colleagues on April 3rd in movie theaters across the country for the seventh annual Wells Fargo CineMeeting™ program. A spectacular line-up of presenters (including Brian Buffini!) will be on hand to make this the hottest ticket in town. 
Click to Learn More & Register »

Wells Fargo

Webinar: Legal Hot Topics
Join Joel & Janet Grayson, J.D. as they highlight some of the recent legal issues affecting real estate practice that can directly impact your daily business dealings. Don’t miss this opportunity to get up-to-date information on applied scenarios and have your specific questions answered. 
Register Now »

Date & Time: Apr. 9   •   9:30 am - 10:30 am
Location: Online Webinar
CE: 1 hr.
Cost: $19/location
Webinar

Live Class: Navigating the Maze of REALTOR® - Appraiser Communications
The OAR Appraisal Advisory Subcommittee invites you to learn about the myths and realities of allowable communications between REALTORS® and appraisers. There also will be ample time for Q&A on topics such as comparable sale selection techniques, use of distressed sales in appraisals, and lender guidelines. 
Register Now »

Date & Time: Apr. 24   •   10:00 am - 12:00 pm
Location: Salem Conference Center
CE: 2 hrs.
Cost: $19 (through 4/4); $25 (4/5 & after)
Appraiser

The CE Shop

Happy St. Patrick’s Day!
You don't have to be lucky to get this offer; just have to take CE online with us and you'll save 15% on your next order! Enter the promotional code lucky15 at check-out to receive your discount.

Simply visit: http://oregonrealtors.theceshop.com
   (Promotion expires 3/31/14)

Mar 14 CE Shop Promo

EVENTS

2014 Legislative Conference

Are there specific Oregon laws or regulations that you feel are hindering the real estate industry? Do you want to help set the legislative agenda for 2015? Join us in shaping the legislative policies of YOUR industry with committed colleagues from around the State! Register Now »

Legislative Conference Header


Date & Time: Mary 28   •   10:00 am - 4:00 pm
(+RPAC Reception to follow)
Location: Salem Convention Center
CE: 3.5 hrs.
Cost: FREE! (Includes lunch!)

RVAR Food & Wine Classic
2014 Spring Gov
2014 Golf Tournament

Rogue Valley Food & Wine Classic

An evening of excitement, food, and drinks! This community event benefits the Oregon Association of REALTORS® HOME Foundation. All proceeds raised stay local to provide deserving families in the Rogue Valley with home buying assistance.  Read More ›

• Mar. 20

• Medford, OR

Spring Governance

Join us in Salem at the biannual meeting of your Association leadership to honor a fellow REALTOR®, attend a committee meeting, raise money for RPAC, and see the Board in action. Read More & Register »

• Apr. 24 - 25

• Salem, OR

Driving it HOME Golf Tournament

Get your foursome together now and plan to chip in for the HOME Foundation. Early bird registration ends Apr. 1.

• July 17

• Aurora, OR


2014 Fall Convention Save-the-Date
2014 Taste of Portland
NAR logo

OAR Convention

Block the time on your calendar now to be ready for one-stop-shop education, motivation, networking, and more.  Check out what we have planned so far »

• Sept. 9 - 12

• Sunriver, OR

Taste of Portland

Sure, it’s still 6 months away. But with a party like this, you want to be sure you’re on the guest list. Register now and save the date to mix  and mingle for a good cause!

• Sept. 18

• West Linn, OR

NAR Convention

The Big Easy beckons. Don’t miss out on this opportunity to get great education, information, and more at the biggest networking opportunity of the year. Energize your career for a competitive advantage! Registration opens Apr. 22.

• Nov. 5 - 10

• New Orleans, LA


FEATURED SPONSOR

Southern Oregon Multiple Listing Service

SOMLS is a valuable corporate partner to OAR and you, our members. They have recently become platinum sponsors of the 2014 OAR Convention and are also HOME Foundation supporters through the Rogue Valley Food & Wine Classic, taking place tomorrow in Medford. Whether you’re in the Southern Oregon area or beyond, please join us in thanking them for their continued partnership.

SOMLS Logo


CALENDAR OF EVENTS »


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