SEBAR Legal and MLS News Update

MICHIGAN REALTORS^® PRESENTS

Closing Responsibilities

Source: Brian Western, Michigan REALTORS® (MR)

Watch From The Mailbag

Closing Responsibilities and Contingency Language

Source: Michigan REALTORS® (MR)

Price It Like a Pro: RPR's CMA Secrets Unlocked teaches real estate agents how to determine a home's market value using a Comparative Market Analysis (CMA).

Rather than relying solely on automated estimates like Zillow, the training emphasizes combining local market knowledge with data, comparable sales, and RPR's valuation tools.

Watch Price It Like a Pro process step-by-step, including how to select comps and make value adjustments.

Source: Realtor Property Resources (RPR)

Michigan Housing Readiness Call For Action

Michigan continues to face a significant housing shortage that is impacting communities of every size and in every region of the state. Rising construction costs, limited housing inventory, and outdated local zoning barriers have made it increasingly difficult for Michigan residents to find housing that is attainable, accessible, and aligned with their needs. First-time home buyers, young families, seniors looking for downsize, and workers seeking to live near employment opportunities are all experiencing the effects of limited housing supply.

The Housing Readiness Package takes important steps toward addressing these challenges by modernizing zoning practices and creating more predictable development standards throughout Michigan. The legislation recognizes that while communities should retain local planning authority, there must also be clearer and more consistent processes that allow housing projects to move forward efficiently and transparently….Read More

Brad Ward, Esq.

Vice President of

Public Policy &

Legal Affairs

Watch Now

Source: Brad Ward, Michigan REALTORS® (MR)

Change Agents: How a 100-Year-Old Brokerage Stays Ahead

Keyes Company President Christina Pappas shares lessons on leadership, technology, community involvement and adapting to change without losing sight of core values.

A century in business doesn’t happen by accident. The Keyes Company survived the Great Depression, witnessed the rise of the MLS, embraced the internet revolution and navigated countless market cycles. According to President Christina Pappas, the secret isn’t resisting change; it’s embracing it while staying true to a core set of values.

Source: National Association Association of REALTORS® (NAR)

Housing Has Its Moment as REALTORS® Go to Washington

As more than 7,000 REALTORS® prepare to take their message to Capitol Hill, momentum is building for bi-partisan housing policy in Congress. In this episode, Shannon and Patrick detail the latest on the housing bills making their way through the House and Senate, provide an update on the growing Congressional Real Estate Caucus and preview what’s ahead for the REALTORS® Legislative Meetings. Plus they discuss NAR’s role in America’s 250th birthday celebration and what it means for the history of housing.

Source: National Association of REALTORS® (NAR)

FROM THE MAILBAG

QUESTION OF THE WEEK

Each month, we are taking the most recently asked questions from From The Mailbag and putting them in E-News.

QUESTION: I am a licensed real estate agent. Can I buy an interest in a title company and refer business to that title company?

ANSWER: Yes, but only if you get an Affiliated Business Arrangement Disclosure form signed for each referral. Remember, however, that this form does not allow you to receive a referral fee from your title company. Your compensation from the title company must be tied directly to your ownership percentage in the title company. Your compensation may not be tied to the amount of business you refer to the title company.

Watch more legal videos on the Michigan Realtors® YouTube Channel .

For more legal Q&A, visit mirealtors.com

Southeastern Border Association of REALTORS^®

SentriLock / SentriKey App Reminder

As a reminder, if you have a listing appointment that requires the SentriKey App, please be sure to log into your SentriKey App prior to your appointment to verify you have access.

Please note:

SentriKey Apps that have not been used for 6 months will inactivate.
If your SentriKey App does not allow you to log in, you will need to contact SEBAR to have your App reactivated.
Office hours for assistance: Monroe – Friday, 8:30 AM – 4:30 PM - Phone: 734-242-6866
During non-business hours, including weekends and holidays, will require the listing agents to assign a one-day passcode using the SentriConnect App.