Dec. 6, 2017

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It's not too late to influence Congress on Tax Reform

NAR President Elizabeth Mendenhall sent the following message out yesterday on Tax Reform...

Thanks to our members’ engagement, REALTORS have helped positively influence tax reform in some key areas. For example, both the House and Senate have agreed to maintain deductibility of state and local property taxes up to $10,000, and to maintain Section 1031 tax-deferred exchanges in their present form for real estate investments.

BUT OUR WORK IS NOT DONE. We still have an opportunity to influence Congress to help make the tax reform bill more favorable to homeowners and consumers. Now that both the House and Senate have passed The Tax Cut and Jobs Act, a Conference Committee will begin to address the differences between the two bills. Important improvements in the legislation are possible by encouraging Congress to maintain the current law for the mortgage interest deduction and capital gains exclusion. Retaining current law makes the bill more favorable to homeownership.

Take action to tell Congress to protect middle-class homeowners.

To date only 1,266 Ohio REALTORS have responded, please continue your support as we work to protect homeownership!

Congratulations to our Round 1 “Board vs. Board” winners…the fight begins anew!
Ohio’s REALTOR community responded to the profession’s most important “Call For Action” ever--one focused on keeping incentives to home ownership in the tax reform package--in a big, big way. Overall, we achieved a record-setting response rate of 24.41 percent.

Legal Issues

GavelRound.jpgOhio cities suing state, tax commissioner over municipal income tax reforms
A group of more than 100 Ohio cities have officially launched an effort that could harm businesses and reset the state’s tax system back to its dysfunctional past.

Listing Photos Infringe Copyright
California federal court rules that salesperson infringed another firm's copyright by using photographs of property in the MLS that the other firm had copyrighted when it had previously listed the property for sale. Source: NAR


Ohio Market Watch

HouseWithKeys.jpgConsumers’ interest in renting barely moves
According to this October’s Ohio REALTOR housing market confidence survey only 16 percent of respondents noticed a decrease in consumers’ interest in renting in their area over the past year

Record number of home purchase agreements reached in October
Ohio REALTORS reports the number of single-family homes and condominiums put under agreement in October 2017 reached a best-ever level for the month, increasing 6.7 percent from the level posted during the month a year ago.

Ohio home sales activity keeps pace with best-ever levels in October
The rate of homes sold across Ohio in October nearly mirrored the record-setting mark posted during the month a year ago, according to Ohio REALTORS.

Online learning

Webinar: An Agent’s Dirty Dozen of “Do Not’s”
Imagine life as an agent where the failure landmines had already been scouted, freeing you to focus on real estate where you can avoid 12 “Do Not’s” saving you time, energy, exasperation and possibly your career. Taken from years of experience consulting hundreds of agents across the nation, session instructor Karel Murray has identified the top mistakes agents make and paired them with her most effective advice in order to create a session you can’t afford to miss. Are you afraid of prospecting, unsure about how much technology is enough, and frustrated that your day is more white hot treadmill than lucrative career?  Join us on Thursday, Jan. 25, for an interactive session that will make a difference in your life.

Free webinar on how to deduct your home office and everything in it!
Ohio REALTORS are invited to participate in a free webinar, There Are Alot of Myths About the Home Office, offered by our partner, Taxbot, scheduled for Wednesday, Dec. 13, 10 a.m. The Webinar will highlight all the rumers you don't know what to believe--such as the myth that a home office deduction can trigger an audit. Register today!

Coaching Corner

Being good when things aren’t!
We all have experiences that are not exactly to our liking (or choosing). It just happens that way sometimes. But how can we make peace with these events that can occur at some point? How can we find perfection in the present moment?

Education Courses

Pricing Strategy Advisor Certification ... Dec. 7 ... Columbus ... Instructor: Alec Hagerty, ABR, ABRM, BPOR, e-PRO, SFR, SRS

7-Hour USPAP ... Dec. 12 ... Columbus ... Instructor: Andrew Leirer, AQB Certified USPAP Instructor

Exploration of APB Advisory Opinions ... Dec. 13 ... Columbus ... Instructor: Andrew Leirer, AQB Certified USPAP Instructor

Live Webinar: An Agent's Dirty Dozen of 'Do Not's' ... Jan. 25 ... Instructor: Karel Murray

Live Webinar Part I & II: Discovering Commercial Real Estate ... Feb. 6 & 8 ... Instructor: Robert J. Nahigian, FRICS, SIOR, CRE, MCR

Property Management ... Columbus ... Feb. 13 ... Instructor: Lorie Garland, J.D./Assistant V.P. of Legal Services for the Ohio REALTORS

20-Hour Post Licensure for Salespeople ... Dayton ... Feb. 13-15 ... Instructor: Joyce Willson, ABR, CRB, CRS, e-PRO, GRI, MRP, SRES

Pricing Strategy Advisory Certification ... Columbus, Feb. 15 ... Instructor: Alec Hagerty, ABR, ABRM, BPOR, e-PRO, SFR, SRS

e-Pro Certification Day 1 ... Columbus ... Feb. 22 ... Instructor: Ali Whitley, ABR, e-PRO, GRI, SRES

10-Hour Post Licensure for Salespeople ... Columbus ... Feb. 27-28 ... Instructor: Joyce Willson, ABR, CRB, CRS, e-PRO, GRI, MRP, SRES

Brokerage Management: Understanding Your Duties ... Toledo ... Feb. 28... Instructor: Lorie Garland, J.D./Assistant V.P. of Legal Services, Ohio REALTORS

Online Education ... Appraisal and real estate c.e. courses are available online. OAR has a number of options to fit your needs. Courses available 24/7 in any combination from different providers. 30-hour & 9-hour packages are available plus individual courses.

Ohio Association of REALTORS, 200 East Town Street, Columbus, Ohio 43215
614-228-6675 | info@ohiorealtors.org

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