| MAR 2011 Director Elections - Online Voting Polls Open |
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From now until September 30, REALTORS in Congressional districts 1, 4, 6, 9, 11, 14, and 15 have the opportunity to vote for their MAR director, who will serve as a representative on the MAR board of directors. This is a One REALTOR One Vote election. Plurality wins. ... more
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| Important Tax Policy Legislation Takes 1st Step Out of Committee |
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Senate Bill 77, sponsored by Senator Jud Gilbert (R – Algonac) unanimously passed the Senate Finance Committee yesterday. This legislation would provide for an additional “Principal Residence” filing date of October 1st. ... more
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| Primary Candidate Endorsements a Success |
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Thanks to the hard work of our local associations and REALTOR® members, endorsements were made in 70 of 110 House races, 31 of 38 Senate races, and 3 of 15 Congressional races for the Primary Election on August 3rd. ... more
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| Michigan REALTORS Among the Wall Street Journal Top 400 Rankings for 2010 |
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The Wall Street Journal announced the 2010 rankings of the top real estate professionals in the country based on 2009 transaction sides. Nine Michigan Realtor® sales professionals were included in these prestigious rankings, with three individuals in the top ten. Heading the list for Top Agents by Transaction Sides was Joe Kadaf of RE/MAX Leading Edge, ranked #1 with 1,743 transaction sides. Also on the top agent list were Robert Shaffer, from RE/MAX Acclaim, ranked #2, and Cathy Hoppough, from Coldwell Banker Hoppough and Associates, ranked #4. ... more
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| Promote 2010 Convention Early Bird Discounts to Members |
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Time is running out on early bird discounts for the MAR's 2010 Convention & Expo, the largest real estate event in Michigan. Being held September 29 – October 1 at the Soaring Eagle Casino & Resort. Get your members together at this statewide event for education, networking and fun! Promote the following discounts to your members in your next communication:
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| Updated information on SAFE Act implementation |
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In an effort to crack down on mortgage fraud, Congress passed the Safe and Fair Enforcement for Mortgage Licensing Act (the “SAFE Act”). Under the SAFE Act, individual states (and the federal government) are required to establish uniform regulations and minimum licensing requirements for mortgage loan originators. “Mortgage Loan Originators” in some instances include sellers financing the sale of their own property. Michigan SAFE Act legislation is the Mortgage Loan Originator Licensing Act, Act 75 of 2009 (the “Originator Act”). ... more
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| Don't Miss Your Chance to Save on MAR's 2010 Convention & Expo; The Largest Real Estate Event in Michigan! |
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Time is running out on early bird discounts for the MAR's 2010 Convention & Expo, the largest real estate event in Michigan. Being held September 29 – October 1 at the Soaring Eagle Casino & Resort, make this the year to educate yourself on new business practices, with help from nationally recognized speakers, local leaders, and new ideas from the abundance of networking opportunities. ... more
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| Successful Michigan Companies Recognized in Realtor Magazine’s Nationwide Top 100 |
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Three of Michigan’s leading real estate companies are featured in Realtor Magazine’s Top 100 Companies of 2009. The list seeks to identify outstanding performances in overall transaction sides, transactions sides per salesperson, and percentage of change from the previous year. ... more
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| Home Valuation Code of Conduct to Sunset with Passage of Financial Reform Bill |
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President Obama has signed the Dodd-Frank Wall Street Reform and Consumer
Protection Act (H.R. 4173) into law. Included in this legislation is a
provision which would sunset the much maligned Home Valuation Code of
Conduct (HVCC). The HVCC was put into place as an agreement between New York
State Attorney General Andrew M. Cuomo, Fannie Mae and Freddie Mac with the
intent to change appraiser selection criteria to help eliminate conflicts of
interest on mortgage appraisals. As a result of this agreement, Appraisal
Management Companies (AMCs) have an increased role in the appraisal process.
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| Primary Candidate Endorsements and voter card information |
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The RPAC Trustees held a conference call on Monday, July 12th, and solidified Primary Endorsement requests for both House and Senate. In total, there were 70 of 110 House endorsements, 31 of 38 Senate endorsements, and 3 of 15 Congressional endorsements. ... more
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