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Broker Blast - a brokers only e-newsletter publication of the Metropolitan Indianapolis Board of REALTORS

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Stat of the Week 
Make the Stats House® Database work for you. Embed profiles into your site to give potential clients more info or get timely updates for yourself through the RSS feeds. Find both within the tools and widgets section. Visit www.thestatshouse.org and bookmark it for future visits. 
 
Mark Your Calendar  

ALL MONTH
For information on MIBOR Division meetings. More

ALL MONTH
FREE BLC® Listing Service Training. More


JANUARY 27-28

IAR Legislative Conference. More








 


Hot Topic




The License Transition Year is Upon Us! Are You Ready?
The much anticipated transition year is here and with less than six months to go, make sure you and each of your agents is prepared. 

BROKERS
Brokers, who received their broker’s licenses prior to July 1, 2012, MUST complete 24 hours of continuing education no later than June 30, 2014. These 24 hours include the 16 that were required as part of the normal renewal cycle, and an additional 8 that are required prior to June 30, 2014. Brokers who have received their broker’s licenses since July 1, 2014 by taking the 24-hour transition course do not have to take any further continuing education before July 1, 2014. For more information,  click here.

SALESPERSONS
June 30, 2014 is the deadline for salespersons to have completed the 24-hour transition course.  Salespersons who have not completed this requirement by the deadline will lose their licenses and will be required to re-take the broker licensing course.  There is no grace period. For more information,  click here

Technology Tip
Ring in the New Year with Free Training!
The latest schedule of complimentary Fusion™ training has been posted. This is the perfect opportunity to start your year off right. Also consider, “Training on the Go”.  Access our BLC® Bootcamp training videos from your desk or mobile device. These short videos cover a wide variety of topics.  Click here for the playlist. 

For a description of training classes, click here. For online registration,  click here or call Tech Support (317) 956- 5000 x1.  

Tue

Jan 21

1:30 - 3:30

Realist

Wed

Jan 22

1:30 - 3:30

Basic

Tue

Jan 28

1:30 - 4:00

Admin

Wed

Jan 29

1:30 - 3:30

Basic

Thr

Jan 30

9:30 - 11:30

Advanced


Other News from MIBOR 
A Window Into Customers
The 2013 Central Indiana Profile of Home Buyers and Sellers is now available. The study, oversampled specifically for the MIBOR service area by NAR, looks at buyer and seller demographics, activity and attitudes in 2013. The study also provides a unique look at how the central Indiana pool of buyers and sellers may differ from the rest of the country. For instance, 31 percent of buyers were first-time buyers in our market vs. 38 percent for the nation as a whole. Both are suppressed from the traditional norm of 40 percent. The study points to tightening lending conditions as a factor which may also account for the differences in married vs. single buyers.  Click here to review the executive summary. 

Make Your Voice Heard at the Statehouse
Join members from across the state at the IAR Legislative Conference slated for January 27 & 28 in downtown Indianapolis. At the heart of this annual event is the REALTOR® Day at the Statehouse, which is an important opportunity to help shape laws and policies that affect your profession and the marketplace. It is true that there is strength in numbers and unity, so please plan to be part of IAR’s legislative success by  registering to attend.

Important Tax Information for MIBOR members
When doing your taxes this year, don’t forget the non-deductible portion of dues. Compliance with the Tax Reform Act of 1993 requires that the portion of dues attributable to lobbying and political activities at the State and Federal levels of government be considered nondeductible for income tax purposes. The following amounts represent the non-deductible portion of REALTOR® dues.  

National Association of REALTORS®

42% of $120 = $50

Indiana Association of REALTORS®

18% of $180 = $32

Metropolitan Indianapolis Board of REALTORS®

1 % of $250 = $3

Total non-deductible dues

$85


Note: Dues billing also includes a $35 NAR Public Awareness Campaign special assessment that qualifies as fully deductible. Note: RPAC contributions, which may have been paid with member dues, are not tax deductible.  If you have questions, please contact Chris Pryor, MIBOR Government Affairs Director at 956-5240 or  chrispryor@mibor.com.  


 




2014 MIBOR, 1912 N. Meridian St., Indianapolis, IN 46202 317-956-1912
www.mibor.com

 

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