MESSAGE VIDEO FROM THE

SEBAR TASK FORCE

Source: Southeastern Border Association of REALTORS® Task Force

Source: Michigan REALTORS^® (MR)

In this week's episode of Real Estate Today, NAR President Kevin Sears gives the facts about the $418 million settlement and what it means for homebuyers and sellers.

Source: National Association of REALTORSR® (NAR)

90% of Homebuyers Have Historically Opted To Work With a Real Estate Agent or Broker. Here's Why That’s Unlikely To Change, According to the National Association of REALTORS®

Source: National Association of REALTORSR® (NAR)

Source: National Association of REALTORSR® (NAR)

Today we are announcing that throughout 2024, NAR is making the popular Accredited Buyer’s Representative (ABR®) designation course, which is typically $295, available to REALTORS® at no cost.

The ABR® course is the first step toward earning the ABR® designation and focuses on the key information and skills agents need today when working with buyers, including how to:

• Walk buyers through written buyer representation agreements.
• Advocate for their clients’ best interests throughout the transaction.
• Articulate their value to the buyer client.
• Work with data to complete insightful market analyses.
• Explain the range of financing options available to clients.
• Stay on top of emerging trends.
• Build relationships that carry beyond the closing.

It’s critical that buyers have access to professional representation during what, for many, is the biggest investment of their lives. Through NAR's partnership with the Center for REALTOR® Development, every REALTOR® can take advantage of this no-cost offer to enhance their ability to articulate and demonstrate their value to buyer clients.

Source: National Association of REALTORSR® (NAR)

Drive with NAR

The REALTOR® to REALTOR®

The REALTOR® to REALTOR® Series: How Fair Housing Training Helps You Live Your Values

Many real estate professionals may think all they need to know about fair housing is what the law requires of them. “It’s more than just the law,” 

Source: National Association of REALTORSR® (NAR)

Kevin Sears, NAR President

Advocacy On The Road

Kevin Sears, NAR President

NAR's Next Moves: A Conversation with President Kevin Sears

Click Video Above

Legal Lines Question

Source: McClelland & Anderson

Save for Homeownership!

Lower Your Michigan Income Tax Liability!

Be a proud ambassador of the new Michigan First-Time Homebuyer Savings Account (FHSA) program. Share this video with clients, family, and friends!

Spread the word that the FHSA is a Michigan Income Tax savings vehicle! Michigan Income Tax Form 5792 will help your clients claim a tax deduction for funds contributed to an FHSA.

Make sure to review the educational infographic below. Share this graphic with your clients, real estate network, and on social media. All of the Michigan FHSA program resources are located at firsthomemichigan.com.

Source: National Association of REALTORS^® (NAR)

Fair Housing Center of Metropolitan Detroit's Down Payment Assistance Program

Down-Payment Assistance Available for Homebuyers and Homeowners

 When a Home is Appraised Below the Loan Amount

The Fair Housing Center of Metropolitan Detroit is pleased to announce that it has received “Opportunity Fund” funds to be used for down payment assistance. The down payment assistance funds are available under the following conditions: 

• The funds will be used for down payment assistance of up to $10,000 for new homebuyers and homeowners whose applications are denied based on the appraised value of a home being below the loan amount.

• Although a preference will be given to new homebuyers or homeowners seeking to purchase or refinance a home for $100,000 or less, down payment assistance is available for purchases above $100,000.

• As a condition of the down payment assistance, the homebuyers and homeowners will be required to provide copies of their purchase agreement, appraisal(s), and the requested loan amount. The homebuyers or homeowners participating in this program will be required to execute any necessary release for the disclosure of such records and information.

Source: Steve Tomkowiak, Executive Director Fair Housing Center of Metropolitan Detroit

NAR's Board of Directors approved a change to the Code of Ethics training requirement, extending it from every two years to every three years. This extends the current cycle deadline from March 1, 2022, to Dec. 31, 2024.

REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. 



Training may be completed through NAR’s online courses or through another method, such as online or classroom courses via local/state associations. Read the consequences for failing to complete Code of Ethics training.

MICHIGAN REAL ESTATE LICENSEES NOW HAVE INDIVIDUAL EXPIRATION DATES, BASED ON THE ORIGINAL ISSUE DATE OF THE LICENSE.

The month and date of your license expiration is your new deadline each year to complete your 2 hours of legal credit.

IDENTIFYING REAL ESTATE LICENSE EXPIRATION DATE AND CONTINUING EDUCATION DEADLINES

To remain compliant and meet the continuing education requirements for renewal, licensees need at least 18 total credit hours every three years. Within these 18 hours, two hours of legal credit must be taken in each year you are licensed. The additional 12 credits to reach a total of 18 prior to renewal may be credits of any type (legal or elective) and may be taken at any time during the three-year period.

To find your license expiration date(s), click here!

Thank You to our 2024 SEBAR Affiliate Partners ...



Diamond Partners

ATA National Title Group

Amber, Majtyka & P.J. Ruokis

Michigan Title Insurance Agency, Inc.

Rick "Smitty" Smith, Adam Drobet, Michelle Vajcner, Julie Wery

Pillar to Post

Steven Peterson

 Ruby Partners

Downriver Profile

Robbin Moyer

First American Title Company

Linda Gutierrez, Rachel Lloyd, Frank Lucarelli, Angie McNeely

Ruoff Mortgage

C​o​r​r​i​n​a​ Dye-Hale, Ed Tilk

Gold Partners

First Merchants Bank

Howard Roberts, Susan Roppel

The Mortgage Link

Julie Sammons

 Silver Partners

America's Preferred Home Warranty

Tyler James

Delmar Mortgage

Ramzi Faraj

GreenStone Farm Credit Services

Brian Young

Hassett Title

Dan Hassett, Doug Hassett, William Hassett

InsideOut Inspection Plus

Wayne Pavlika, Tim Keifer, & Kendrick Taylor

Lawyers Title

Ann Hammack & Kendan Myers

Union Home Mortgage

Jacob Boes & Shannon Henegar

We are so grateful for your continued support of SEBAR!