eNews

July 11, 2018
Why Oregon Homebuyers Should Shop Their Loans Before Going Under Contract
 by Phil Querin, Querin Law, LLC
A few years ago, before the real estate market got crazy hot (and before we
changed the OREF Sale Agreement form),
it was not unusual for a buyer to submit
their preapproval letter to their seller, go under contract, and then try to find other lenders who might offer better rates or
terms.

Take Action! Tell Congress to Renew NFIP
The National Flood Insurance Program (NFIP) will expire on July 31st, denying necessary insurance coverage to homeowners and buyers nationwide. In the Portland metro area, specifically Washington, Multnomah and Clackamas Counties, there are 33 communities that rely on NFIP to provide flood insurance on home mortgages. Congress must act now to reform and extend the NFIP. Urge Congress to extend the NFIP by clicking the link below.

Registration Open for YPN, AREAA and WCR 2018 Riverboat Cruise
Get involved, collaborate and network
with the PMAR Young Professionals
Network, Women's Council of Realtors®
and the Asian Real Estate Association of America. Cruise along the Willamette
River and dance the night away with DJ
Mr. Mumu as he plays old school hits and 
hip-hop from the 70’s, 80’s & 90’s - all on vinyl, of course! Join us August 23rd for an evening of fun!

Millennials Take Extreme Measures to Afford a Home
Young adults express such a strong desire to own a home that they are willing to take on extra work or make another major sacrifice in order to afford one. Thirty-six percent of millennial home buyers say they’ve taken a second job to save for a down payment, according to a new Redfin survey of about 500 respondents between the ages of 24 and 38 who plan to buy their first home in the coming year.

Register Now for the 2018 OAR
Fall Convention
The  2018 OAR Fall Convention   is moving
to downtown Eugene this year. The agenda
is jam-packed with quality content and
fun opportunities to network with other
members from around the state. Take advantage of the $180 early bird price (through 8/1) to secure your spot for
high-value education, networking opportunities, fantastic speakers, trade
show booths with raffle prizes, lunch and happy hour, governance meetings and
more!

Replacements for Facebook's 'Likely to Move' Targeted Ads
Real estate professionals accustomed to
using Facebook’s “likely to move” ads are receiving notice that the social network will be shutting the feature down in mid-August. If you’re currently using the Facebook tool, you may be searching for another avenue
for customer outreach and ad targeting online. Facebook’s “likely to move” ad platform culls data from third-party sites
to identify consumers who show signs of relocating soon. Then real estate pros can target ads to these consumers.

6th Annual  Agent Success
21 top trainers, coaches, authors, speakers, and thought leaders will talk about how to get more leads, more clients, and more closings. The summit is an online training event you can attend from anywhere: your office, your home, the gym…anywhere you have an internet connection. Listen on your computer, laptop, tablet, or smartphone. It’s like a giant 7-day long real estate conference, BUT you don’t have to travel and pay for airfare, rental car, hotel room, and restaurant food. You can even stay at home and attend in your pajamas. It’s all online, all video, and best of all, it’s all FREE.
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Have You Completed Your Ethics Requirement for this Cycle?
The National Association of Realtors® requires every Realtor® to complete ethics training within a two-year cycle. As a courtesy, we want to remind those who have not yet fulfilled their mandatory biennial NAR Code of Ethics cycle requirement that currently ends December 31, 2018. PMAR is offering several Ethics courses throughout the year.