Mid-Year Report from Commercial Division President Mike Hejna
It has been a very busy year thus far. The bankruptcy of Xcelligent has put great pressure on many of our members and we have successfully added a data base to replace it, through Catylist. It is discussed below. We also were able to offer over 12 classes for continuing education (CE) that are wholly commercial orientated. No more fair housing classes for our commercial brethren. We have also filed suit against Florissant for unfair practices against our multi-family investors/owners. Currently, we are revising our commercial contracts and forms so that you have ready access to fair and balanced documents to conduct business. We appreciate your confidence in your Association and we will continue to work hard to protect the integrity of our business. 

Mike Hejna,
2018 Commercial Division President
Thinking ahead - STLCDS
With over 4,000 current "For Sale" or "For Lease" properties collected to date, St. Louis Commercial Data Systems - powered by Catylist - is proving to be a valuable tool in the St. Louis commercial marketplace and the alternative system needed by many commercial practitioners.

Have you invested in a commercial data exchange with fees much higher than STLCDS? St. Louis Commercial Division members can subscribe for $85 per month, billed quarterly. The Catylist platform is user-friendly and the STLCDS subscription price is reasonable and fair, making it a smart investment. Consider a transition sooner rather than later! To learn more about STLCDS visit stlcds.com .
Trial period until June 30 to test the system at no charge!
Scholarship Opportunity for CCIM CI-101 Course
When:
October 29 - November 1, 2018
Class Schedule: 8:30 a.m. - 5:00 p.m.
Where:
Corporate Hill Center
1630 Des Peres Rd.
St. Louis, MO 63131

St. Louis REALTORS® Commercial Division is offering a full scholarship in the amount of $1,650 for one student to attend the Fall CCIM CI-101 Course. CCIM are offering six (6) $500 scholarships toward the course. Applications available soon!
What is CCIM CI - 101?
CI 101 introduces the CCIM Cash Flow Model, a tool for ensuring your investment decisions are based on wise finance fundamentals. During the course, you will become familiar with a discounted cash flow analysis including the metrics of financial concepts such as Internal Rate of Return (IRR), Net Present Value (NPV), Cap Rate, Capital Accumulation, and the Annual Growth Rate of Capital to compare different types of commercial real estate investments. In addition to the Cash Flow Model, you will be introduced to the CCIM Strategic Analysis Model, a method for deriving relevant financial statistics. Finally, you will become familiar with the CCIM Decision-Making Model as a process for analyzing and making commercial real estate decisions. To learn more, click here!
St. Louis REALTORS® RPAC Auction - Thursday, June 21
6 - 10 p.m.
Sunset Country Club
Invest in your business at the 2018 RPAC Auction! This fun-filled night will feature a plated dinner, open bar, a live auction and mobi le-bidding silent auction full of fantastic items. All ticket sales and proceeds from the night’s program will go toward your annual investment in the REALTORS® Political Action Committee (RPAC). To purchase your last minute tickets, email Kate Whiting at kwhiting@stlrealtors.com or call 314-576-003. No walk-ins. Registration required!
Contracts & Forms
St. Louis REALTORS® Commercial Board of Directors have assigned a Task Force to improve St. Louis REALTORS® Commercial Leases, Contracts and Forms. They are currently working on revising the Commercial Sales Contract for Improved Property, creating a Sublease Agency Agreement, a Non-Disclosure Agreement (NDA) and an Amendment to Sales Contract. Submit suggestions for revisions to Tracey Yost, Contracts and Forms Staff Liaison, at tyost@stlrealtors.com .
St. Louis REALTORS® Commercial Division - Keeping our members informed!              
Questions about your commercial membership? Contact:
Margo Colestock, Director of Commercial Division |   mcolestock@stlrealtors.com  | 314-590-2309

Commercial membership provides complimentary CE, broadcast email exchange,
contracts & forms, advocacy on public policy and business networking opportunities.  
Contributions to Missouri REALTORS® PAC, Inc. (RPAC) are not deductible for federal income tax purposes. Contributions are voluntary and are used for political purposes. The amounts indicated are merely guidelines and you may contribute more or less than the suggested amounts. The National Association of REALTORS® and its state and local associations will not favor or disadvantage any member because of the amount contributed or a decision not to contribute. You may refuse to contribute without reprisal. Your contribution is split between National RPAC and the State PAC in your state. Contact your State Association or PAC for information about the percentages of your contribution provided to National RPAC and to the State PAC. The National RPAC portion is used to support federal candidates and is charged against your limits under 52 U.S.C. 30116. 
RPAC may not accept contributions from corporations, associations or partnerships formed outside of chapters 347 to 360, RSMo, natural persons who are not United States citizens, foreign governments, foreign corporations other than foreign LLCs registered to do business in Missouri, other state political action committees, candidate committees, political party committees, campaign committees, exploratory committees, or debt service committees. Article VIII, Section 23.3(12) & (16). 
Kansas City Regional Association of REALTORS®, St Louis REALTORS®, and St Charles REALTORS®, collects contributions as an agent RPAC. 65% of your PAC donation goes to RPAC., while 35% stays locally. Contributions are not deductible for federal income tax purposes. Contributions are voluntary and are used for political purposes. The association will not favor or disadvantage any member because of the amount contributed or a decision not to contribute. You may refuse to contribute without reprisal.