Tuesday, May 21, 2013

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1620 East Hoffer Street
Kokomo, Indiana 46902
Phone: (765) 457-0089
Fax: (765) 457-0096

info@raci.org

Why Use a Realtor

First and foremost, not all real estate agents are REALTORS®. The term REALTOR® is a trademark of the National Association of REALTORS® (NAR) and any agent who uses this term as part of their professional identity must be a member of NAR and their State and Local REALTOR® Associations.

You may be thinking, "So what!" This is important to you because REALTORS® subscribe to a Code of Ethics, which requires they conduct business honestly and fairly. Under the Rules and Ethics Code, you as a consumer are offered protection should you feel you have been treated unfairly. You may contact the Association Office to file an ethics complaint or learn more here. Members are required to go through the grievance process when a complaint is filed by either buyers or sellers.

Members pay dues and other fees to maintain membership, and must complete periodic training in addition to that required by the State Licensing Board. The bottom line is that REALTORS® are in a position to provide more comprehensive services than non-members. Non-members usually operate independently and their actions are not governed by the Code of Ethics. This is an important consideration when choosing an agent to represent your interests; because should you have a complaint against a non-REALTOR®, you have no recourse at the local level.

Upcoming Events/Classes

Upcoming Continuing Education Classes

Brokers must complete 16 hours of continuing education by June 30, 2013.

Consult Indiana Professional Licensing for details and answers to frequently asked questions regarding 2013 Broker License Renewal.

June 7th & 14th
at the RACI Office in Kokomo

For more information or to register for classes email Pam@RACI.org or call 765-457-0089.

Education Programming:

Day 1 
 Purchase Agreements  (M)
 Fair Housing  (M)
 License Law  (M)
 Dams  (E)

 Day 2
 Disclosures (E)
 Advertising Issues (E)
 Property Taxes (E)
 Auction Alternative (E)


Do you have a Salesperson License???

Recent changes to Indiana real estate license law requires licensed salespersons to transition to brokers before July 1, 2014.  

As an added bonus, licensees who complete the transition course will satisfy their continuing education requirements and earn 22 credits towards a GRI designation!  

RACI is hosting an RECP Broker Transition course on September 24th - 26th and November 5th - 7th.  Contact RECP.org to sign up.

 

 For more information and details on the Real Estate License Transition check the Indiana Professional Licensing Agency

RECP  
News

2013 RPAC Auctions


"Together We Stand"

Thursday, June 6th in Marion (Elks)
Thursday, June 13th in Kokomo (Kokomo Country Club)

Must be a RACI Member, Affiliate or immediate family member to attend.

For reservations and to let us know about auction donations contact Pam

     
 
2012 RPAC Recognition

2012 was another successful year for the REALTORS® Association of Central Indiana raising funds for RPAC.


Network Luncheon Update

A special thank you to Ken Ahlfeld and Amy Lucas, CPAs from Bucheri, McCarty and Metz.  Ken and Amy discussed the basics of record keeping for tax purposes, planning for and  minimizing your tax liability.  Here is a link to the Excel spreadsheet used during the presentation... Expense Organizer

 

 


Market Statistics

IAR has released the

March Market Reports and Statistics

 Statewide Housing

 Market Overviews

(monthly indicators)

Sortable County Tables

One Month & Year-to-Date

 Trailing 3 and 12 months

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Why use a REALTOR®
Whether you are buying or selling a home, your REALTOR® can help make your real estate transaction a successful one. Only real estate professionals who are a member of the National Association of REALTORS® (NAR) can call themselves a REALTOR®. The term REALTOR® is a trademark and any agent who uses this term as part of their professional identity must be a member of the National, State and Local REALTOR® Associations.

All REALTORS® subscribe to a strict Code of Ethics, which is based on professionalism and protection of the public.  Under the code, you as a consumer are offered protection should you feel you have been treated unfairly.  You may contact the Association Office to file an ethics complaint or learn more here.  Members are required to go through the grievance process when a complaint is filed by either buyers or sellers.

REALTORS® are dedicated to serving the real estate needs of our community and are in a position to provide more comprehensive services than a non-member licensee. 
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National Association of REALTORS®
1620 East Hoffer Street | Kokomo, Indiana | Phone: (765) 457-0089 | Fax: (765) 457-0096 | Email: info@raci.org
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