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   Michigan REALTOR E-News

 

 

Michigan Realtors® Head to Capitol Hill Next Week

The National Association of Realtors® will be holding their annual meetings on Capitol Hill during the REALTOR® Legislative Meetings & Trade Expo, May 11th-16th. These meetings provide an opportunity for each state association to meet with their legislators on the federal level to discuss issues important to the real estate industry in Michigan and across the country. It is expected that Michigan will be well represented in Washington D.C., with over 200 attendees already registered.

Michigan Congressional Hill Visits are currently scheduled. To find out when the meeting with your member of Congress is taking place, view the online schedule. This page will be updated with additional information for Michigan Realtors® attendees in the coming days, so bookmark and check back often.
 
For more information on this exciting real estate event, be sure to check out these facts in this infographic.

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Take Action – REALTORS® at Grand Hotel Room Block Extended to May 8th

There’s still time to register for REALTORS® at Grand Hotel and secure your room. The hotel room block ends this Friday, May 8th. Continue our Centennial Celebration June 7-9 on Mackinac island with CE approved knowledge sessions, special historic events and more.

Don’t wait! There’s no better time to explore Mackinac Island than this June:

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Scam Alert! Hacked Email Accounts Result in Fraudulent Transfer Solicitations

A fairly new email hacking scam has been identified around the nation. The perpetrators of the scam are hacking emails and posing as the owner of the respective email account. They are then intercepting communications between Realtors® and their clients and attempting to use that information to trick the client into a money wiring scam.

It has been reported that clients have received email communications requesting that large "refundable deposits" be wired for the purposes of speeding up a closing or reducing an interest rate. While this may seem like a fairly complicated and far-fetched scam, we are aware of at least one instance where the scam was successful. Please be aware of this activity and consider informing clients that there are certain communications that will never be made through email, at least not without additional in-person contact. Further, change your passwords regularly to protect the security of your email accounts.

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Claim Your Association/Brokerage Firm's .REALTOR Domains on May 7

Thursday is a big day for state and local Member Boards, and brokerage firms. Starting at 10:00 am CST on May 7, Member Boards and brokerage firms can claim their .REALTOR domains at www.claim.REALTOR, adding to the more than 95,000 .REALTOR web addresses that have already been claimed by members.

Pricing is $99 for Member Boards and $79 for brokerage firms, with multi-year and multi-domain discounts available. Brokerage firms that claim a.REALTOR domain within the first 60 days of launch will receivea 50% discount.

Members can still claim their .REALTOR domains. Their first domain is free for one year, with multi-year and multi-domain discounts also available. Remember, the more .REALTOR web addresses there are, the stronger the REALTOR® brand becomes.

Visit about.realtor to learn more

Fact Sheet

Frequently Asked Questions


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Nominations for 2015 Good Neighbor Awards Due May 15

Realtors® not only help people achieve their dream of homeownership, they also volunteer their time and energy to improve the lives of their community members. NAR is currently accepting applications from Realtors® who dedicate themselves to volunteer service for REALTOR® Magazine’s Good Neighbor Awards.   

Good Neighbor Award entries must be received by Friday, May 15, 2015. For more details and a nomination form, call 800.874.6500 or visit the web site.

 

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LOCUS Michigan Leadership Summit

The LOCUS Leadership Summit proves to be the place where smart growth deals get done. This year, LOCUS is taking their premier conference to regions ripe with development opportunity. Join LOCUS Developers, Smart Growth America and the Michigan Municipal League on June 23, 2015 in Detroit. Hear from Michigan thought leaders in the public and private sector as they share best ideas and approaches to smart growth real estate development and more.

The Michigan WalkUp Report will be released at the Michigan Leadership Summit by Chris Leinberger. This new report builds on the growing body of work featuring walkable urban places created by LOCUS and Michigan State University. The report will rank the six top metropolitan places for walkable development throughout Michigan.

Visit Web site

 

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Legal Lines – Question of the Month

With the help of McClelland & Anderson, we are taking the most recently asked questions from our legal hotline and putting them in E-news. We will be featuring a different question each issue.

QUESTION:
I represented a buyer of a Fannie Mae/Freddie Mac property who paid the Michigan real estate transfer tax. Now that a recent Federal Circuit Court ruling has said that Fannie Mae/Freddie Mac are exempt from transfer tax, is my buyer eligible for a refund?    
   
ANSWER:
YES. Assuming that the transaction occurred within the last four years, the buyer can obtain a refund by filing form 2796 with the Michigan Department of Treasury, along with a copy of the settlement statement (HUD-1) and the recorded deed containing the tax stamp.

For more Legal Q&A, visit our Legal Resources Web site

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Featured Member Benefit: UPS Discount Shipping

Don’t forget, as a member you can save big every day with UPS. Through our partnership with UPS, you have exclusive access to the UPS Savings Program, which provides Michigan Realtors® up to a 28% discount on UPS shipping.

Learn more


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In This Issue:

 

Events

 

REALTORS® Legislative Meetings & Trade Expo
Washington, DC
May 11-16, 2015
Register Online
Hill Visits Schedule

REALTORS® at Grand Hotel
Mackinac Island
June 7-9, 2015
Register Online
Become a Centennial Sponsor
Hotel Room Block ends Friday, May 8th

District Director Candidate Filing Deadline
July 17, 2015
Learn More

Convention & Expo
September 30-October 1, 2015
Detroit Marriott at the Renaissance Center
Sponsorship Opportunities

For more Upcoming Statewide Events,
visit the Statewide Calendar

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Reagentreferrals

NAR SRES

Waymark Insurance


MARST

Real Estate Today: Second Homes

Real Estate Today opens doors for buyers and sellers with critical and credible information on the real estate market. It’s fast paced and fact packed with experts, interviews, call-ins, field reports, and timely market conditions. 

Listen to Podcast

 

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