6TH ANNUAL WISCONSIN RESIDENTIAL REAL ESTATE SUMMIT
     
O ver 200 attendees listened today to an overview of economic conditions in the housing industry across the United States followed by insight from Marquette University's Dr. David Clark who has served as a consultant for the Wisconsin REALTORS® Association, analyzing their quarterly existing home sales. 

If you were not able to attend, you can still view the data presented by Dr. Mark Eppli regarding the Wisconsin Housing Market here.
 
The presentation by Tim Sheehy and Matt Moroney regarding Foxconn can be found here.

HOMELESS VETERANS NEED OUR HELP
     
GMAR's Veteran's Committee has been working closely with the Milwaukee Homeless Veteran's Initiative. Most recently, we organized a very successful coat drive.
 
The Homeless Veterans Initiative's food pantry and organization needs the following items:
Food pantry needs:
  • Ramen noodles
  • Saltine crackers
  • Canned fruit
  • Canned chicken
  • Knorr package pasta
  • Canned chili w/beans or without
  • Pasta sauce
  • Stable milk pork & beans
 Furniture needs:
  • Microwaves
  • End tables
  • Irons
  • Dressers/night stands
  • Smaller sofas/loveseats
  • Dish racks 
You can drop smaller items at the GMAR office or bring them to the 6300 W. National Ave. in West Allis.If more convenient, you can drop items at committee chairman, Dave Delahunt's home: 1648 W. Bradford Drive Mequon, WI 53092
In addition, The Homeless Veteran's Initiative can pick up donations in their trucks. You can call them at: 414/257-4111.

SCHOLARSHIPS AVAILABLE       
   
The Greater Milwaukee Association of REALTORS® Youth Foundation will award 7 $1,000 scholarships to children or grandchildren of GMAR members during 2018. 
 
Members must have maintained their relationship with the GMAR continuously for at least three (3) years. Deadline is April 1st. 
 
CASE INTERPRETATION RELATING TO ARTICLE 12: ADVERTISING ROLE IN SALES AFTER CHANGING FIRM AFFILIATION       
   
REALTOR® Q was a non-principal broker licensed with ABC REALTORS® . REALTOR® Q specialized in buyer representation. A prominent feature on her website carried the headline, "I sold these-and I can help you buy or sell, too!" Under the headline was a list of over a hundred street addresses of properties for which REALTOR® Q had found buyers.
For personal and professional reasons, REALTOR® Q chose to leave the ABC firm to affiliate with XYZ, REALTORS® . As she transitioned to her new firm, REALTOR® Q was careful to disclose the name of her new firm in a readily apparent manner on her website. Her website also continued to display the list of properties she had found buyers for during her time with the ABC firm.
ADVERTISING ROLE IN SALES AFTER CHANGING FIRM AFFILIATION      
   
REALTOR® P was a non-principal broker licensed with XYZ, REALTORS® whose forte was listing residential property. Noted prominently on REALTOR® P's website was the banner: "Sold by REALTOR® P!" Under that banner were addresses of nearly a hundred properties REALTOR® P had listed, and which had been sold either through REALTOR® P's efforts or through the efforts of cooperating brokers.
Seeking new opportunities, REALTOR® P ended his relationship with XYZ and affiliated with ABC, REALTORS® . REALTOR® P promptly revised the information on his website to prominently display the name of his new firm in a readily apparent manner. He also continued to display the lengthy list of properties that he had listed, and which had sold, while REALTOR® P was affiliated with XYZ.
  
On March 6, the Wisconsin Policy Forum hosted their inaugural annual meeting to update on organization developments, preview 2018 research projects, and formally swear in officers and trustees. There was a program on transportation planning surrounding the Foxconn development and how it relates to the broader economic development aspirations of the state and region. Click here to watch a video of the program.

   
GMAR REALTOR STORE HAS MOVED TO MINUTEMAN PRESS IN BROOKFIELD

   
The GMAR Realtor store is closed and Minuteman Press in Brookfield is now selling Real Estate Supplies! Visit them at 13680 W. Capitol Drive, M-F 8am-5pm. If you have any questions, feel free to contact them at 262-781-9622.

 
ELECTIVE B: WI INVESTMENT PROPERTY & PROPERTY MANAGEMENT
2017-2018 Real Estate Continuing Education
   
Instructor:  Liz M. Tobolt
  
Credit Hours: 3 hours

Elective B - Wisconsin Investment Property and Property Management reviews the different aspects of rental property in Wisconsin. Whether an investor, a property manager, or the licensee negotiating the sale, this course will have something for everyone as the nuts and bolts of rental property are explored. Consider how a licensee influences transactions involving the sale, purchase, or leasing of rental property. Review approved forms and their use in transactions involving rental property. Explore trust account regulations, lead based paint disclosures, and eviction procedure in Wisconsin. Topics also included disposal of abandoned property, registration and permitting, valuing investment property, and the interaction between state law and local ordinance regulating rental properties.
 
Pricing:
Non-Member $35.00 in advance, $45.00 at the door
REALTOR® member $27.00 in advance, $37.00 at the door
Appraisal Section Member $27.00 in advance, $37.00 at the door
 
When: March 21
Where: Country Springs Hotel: 2810 Golf Road, Pewaukee
Time: 8:30am-12pm
 
ELECTIVE C: FINANCING
2017-2018 Real Estate Continuing Education
 
 
Instructor:  Liz M. Tobolt
  
Credit Hours: 3 hours

Elective C - Financing focuses on the variety of ways in which a buyer finances a transaction and associated federal and state laws that regulate financing programs. Consider the financing contingencies in the offers to purchase and how cash offers are addressed in the approved forms. Review various loan programs including USDA Rural Development financing and other government financing programs. Explore federal regulations governing the Loan Estimate and Closing Disclosure under TRID and their effect on closing procedures. Discuss alternate transfers including exchanges and lease-with-option transactions. Topics also include seller financing, the SAFE Act, RESPA, and closing documents for buyers and sellers. 
 
Pricing:
Non-Member $35.00 in advance, $45.00 at the door
REALTOR® member $27.00 in advance, $37.00 at the door
Appraisal Section Member $27.00 in advance, $37.00 at the door
 
When: March 21
Where: Country Springs Hotel: 2810 Golf Road, Pewaukee
Time: 1:00-4:30pm
 

 
ST PADDY'S DASH RECAP
Presenting Sponsor: A+ Mortgage    
 
Thank you to all who participated in the St. Paddy's Dash yesterday at Hart Park - it was a great event!
 

Thank you to our 2018 Sponsors:

Presenting Sponsor: A+ Mortgage Services, Inc.
Gold Sponsors: Associated Bank, Dana Karow, First Weber Foundation, Landmark Credit Union, Nancy B. Meeks - Coldwell Banker, Wisconsin Title Service
Silver Sponsors: Attorney's Title Guaranty Fund, Inc., EXIT Realty Horizons, Great Midwest Bank, Johnson Bank, Land Title, Metro MLS, Realty Executives Integrity, RE/MAX Realty 100, Shorewest Realtors, The Equitable Bank, The Nikolic Group- First Weber, The Stefaniak Group, Title 100, Waterstone Mortgage
Bronze Sponsors: Benefit Realty, Cherry Creek Mortgage, Chicago Title, Compass Title, HomesighT Home Inspection Service, House to Home Inspections, Knight-Barry Title, Merit Title, Ryan Katzman of First Weber, Scott  and Sandra Bush, Suzanne Head - First Weber, Suzanne Powers Realty Group, Tom Witkowski, Wells Fargo Home Mortgage
Friends:  Noel & Donna Karow, Jerry Grosenick - EXIT Realty XL, Joanne Marks - Prime Lending, Racine Kringle, Raffaele Team - RE/MAX Realty 100, Richard Woodside

REALTOR NIGHT AT THE HOME AND GARDEN SHOW
Wednesday, March 28 2:30-4pm 
NMLS - 259353




 
You are invited to "Rock the House" at the 94th Annual REALTORS Home & Garden Show!
 
Please join us for this exclusive member reception and Happy Hour, presented by A+ Mortgage Services and Milwaukee Metropolitan Sewerage District (MMSD), before the show opens to the public for the day on Wednesday, March 28, 2018 from 2:30pm-4pm.
 
Enjoy complimentary wine, beer, soda, and hand-passed hors d'oeuvres while networking in a gorgeous and unique setting provided by Aquatica's "Rock the House" Backyard Display, the newest feature garden to be unveiled at the 2018 show.
 
Following the reception, feel free to stroll the aisles of the Home & Garden show from 4pm-8pm.
 
Your RSVP is required to attend this free event and you are able to bring a guest.  Please email Michelle Kohn to register you and your guest.
2018 BREWER'S BASH
Wednesday, April 4th at 6:40pm vs. Cardinals  
 
The GMAR Brewer's Bash will be Wednesday evening, April 4th when the Brewers take on the Cardinals. 
 
No worries about the weather-we'll once again be on the Dew Deck!
 
Dew Deck/Gates open at 5:10pm - Game time is 6:40pm
 
Your $55.00 includes:
·        Game ticket
·        All-you-can eat buffet
·        2 free drink tickets
·        Unlimited soft drinks
·        Gift from Event Sponsor A+ Mortgage
·        Chance to win one of 12 - $100 gift cards from Drawing Sponsor: Associated Bank
·        Peanuts, Cracker Jacks, candy...courtesy of our Treat Sponsors:
         Advanced Radon Management, Cherry Creek Mortgage & The Equitable Bank

Free Bus Transportation Provided by the Kettle Moraine Council: 
Make a reservation with  Michelle  no later than Wednesday, March 28th 
  • Washington County Fair Park - 5:00 p.m.
  • US 41/45 & Cty Y/Lannon Road Park and Ride - 5:15 p.m.
  • GMAR - 5:30 p.m.
    *Bus may leave before end of game
Free shuttle service from Steve's on Bluemound (SOB's), 5841 W. Bluemound Rd, into Miller Park starting around 4:30 p.m.  You don't need to make a reservation, but if you have questions, you can contact Joe at (414) 870-8708 (please remember to tip!).
 
This is a very popular event and the Dew Deck has a limited number of seats, click here to register!
 
Our event sponsor is A+ Mortgage 

 
BRIAN BUFFINI'S SUCCESS TOUR
 
Join us for a live broadcast of real estate's top training event and get ready for a business and life changing experience, hosted by master trainer J'aime Nowak. Real estate expert and master motivator, Brian Buffini will share proven strategies to help you build a rock-solid business. Entrepreneur and best-selling author, Mel Robbins, will share her science-backed strategies
to help you achieve breakthrough performance in your career and life. Don't miss the Success Tour!

When: Tuesday, March 20
Time: 10am-2pm
Location: Wells Fargo Funds Management Group
100 Heritage Reserve
Menomonee Falls, WI 53051
*Lunch Provided
 
Click here for the flyer and to register

Wells Fargo Home Mortgage is proud to sponsor
Brian Buffini Success Tour.
MONTHLY MORTGAGE CONCEPTS FOR REAL ESTATE AGENTS CLASSES
Thursday, March 22 10am at the GMAR office
 
New for 2018! Cherry Creek is proud to partner with the GMAR to offer Monthly mortgage concepts training to our Realtor partners! T he March 22nd class is going to be the offer to purchase from a lender/underwriter prospective.  It gets very frustrating for all parties when buyers and sellers are asked to sign amendments because the lender is requesting a change to the offer. This happens because the offer was written in such a way that that can create issues for Fannie Mae, HUD, or WHEDA depending on the loan program. Most of these can be avoided by wording things in a certain way so it does not create issues for investors and thus amendments do not become necessary.  The tips you will learn will help make your transactions much smoother for your buyers and sellers.


Please RSVP to John Gonzales by emailing him at jgonzales@ccmclending.com.
You may also call him by phone at (414) 935-4165.


We will start the series again in April if you missed any of the previous seminars! We are looking forward to a fantastic 2018 Real Estate Market and hope to help you make it as easy as possible to help get you from offer to closing! 
SOLUTIONS FOR CLIENTS WITH HOME GOODS THEY NO LONGER NEED
Habitat Restore Offers Free Pickup & Salvage Services
 
Habitat for Humanity ReStore picks up donations of gently used furniture, appliances and more for free! Donations are tax deductible and help local families in need of safe, affordable housing. ReStore's experienced Deconstruction Services will even remove kitchen cabinetry and more! 
 
FIND OUT MORE or call: 414-316-5651
To learn more about local real estate or to become a GMAR member visit gmar.com