In this Issue   May 15, 2017

SPAAR Modified Office Hours

May RealTrends is Now Available

SPAAR Monthly Stats Release

SPAAR Accepting Nominations for Board of Directors

Renew your Continuing Education Credits by June 30

FREE Breakfast and FREE CE at the Biggest Tuesday Sales Meeting Ever

Upcoming Education & Events

Bring in the SPAAR Squad for your Next Office Meeting

Twin Cities Housing Market Statistics

Welcome, New Members!

Connect with us!




SPAAR Modified Office Hours

SPAAR's Eagan and Coon Rapids offices will be closed until 11:30am on Tuesday, May 23 for staff training. SPAAR's Maplewood/St. Paul location will maintain regular office hours.


Your May Issue of RealTrends is Now Available for Viewing Online

In this month's issue: 

  • Will We Run Out of Housing?
  • CEO Redux
  • Tomorrow’s Tech Wave
  • What Makes REAL Trends Special?
  • Insights: 2017 REAL Trends 500 Brokerages
  • Your Most Important Business Assets
  • How Real Estate Professionals Work
  • Millennials Move Less but Rent More Than Older Generations
  • Trump Sets CFPB Reform into Action
  • Demonetization and Its Impact on Real Estate in India
  • National Real Estate Firms are Becoming More Strategic and Selective
  • Take on Large Brokers with Your Digital Marketing
  • Pros and Cons of 3 Social Media Platforms



What a “Fast” April Housing Market Means for Twin Cities Buyers and Sellers

Released May 12, 2017
- “It’s a fast market,” is how Saint Paul Area Association of REALTORS® President Tina Angell describes the Twin Cities housing market’s April performance.

Houses that show well and are priced correctly sold quickly, often above listing price. Days on Market was down 20.5 percent to 58 days. For sellers, Prices continued to gain traction. The Median Sales Price increased 6.3 percent to $245,500.

“When a new listing comes on the market, buyers should be ready to look at the property and potentially make an offer quickly,” explained Angell. “They should work with their REALTOR to have their financing in place and market analysis for pricing complete so they are ready to write a strong offer.”



SPAAR Accepting Nominations for Board of Directors

Consider being on the Board of Directors for the Saint Paul Area Association of REALTORS®. The 2017 Nominating Committee is looking to fill three director positions. This position has a three-year term and directors are asked to make attending all Board meetings a priority. SPAAR is also accepting applications for three officer positions: Treasurer, President-elect, and President.
How will I benefit? As a Board Member you’ll have:

  • Opportunities to both learn from and teach others
  • Direct involvement in decisions that affect the association
  • A broader professional network of members, the community and civic leaders
  • New experiences that develop professional and personal skills
  • Social opportunities that often lead to lasting friendships

If you are interested in applying for a Board of Directors position, please complete an application form and return it to Tracey Douglas no later than Friday, June 30, 2017.


June is License Renewal Month: Review Your CE Transcript

All licenses are on a two-year renewal cycle. All agents are required to complete at least 15 hours of approved Continuing Education every year, for a total of 30 in each renewal cycle. The 2016 - 2017 module requirement is "Residential Contracts.”

The deadline for continuing education credits is June 30, 2017 (Agents should check with their broker as their deadline could be earlier). Make sure you have met all your requirements by visiting www.pulseportal.com and following the INSTRUCTIONS TO VIEW YOUR CE TRANSCRIPT. Note: In order to receive an email notification in the case of license suspension, please make sure that your email address is current with the MN Department of Commerce.

If you have any questions, please contact the association at 651-776-6000.


FREE Breakfast and FREE CE at the Biggest Tuesday Sales Meeting Ever

Forgo your weekly sales meeting on Tuesday, May 23rd and join SPAAR for the Biggest Tuesday Sales Meeting Ever! This year's event, hosted by SPAAR's Metro YPN committee, will be held at Banquets of Minnesota in Fridley. Schedule is as follows:

  • 8am-9am: FREE Breakfast, networking, vendor fair
  • 9am-10am: 1 hour of FREE CE
  • 10:15am-12pm: Keynote, O'Neal Hampton, Season 9 contestant on "The Biggest Loser"
  • 12pm-1pm: VIP lunch

NEW: BE A VIP! Get your VIP ticket and receive premiere seating during the event. Your ticket also includes lunch immediately following the event, a photo op, and opportunity to talk with O'Neal. Proceeds from ticket sales will go to support the Boys and Girls Club of the Twin Cities.

Thanks to the following businesses for their support: Ancona Title, Bonfe's Plumbing, Heating & Air Service, Inc., Glide-Cam Property Tours, HouseMaster Home Inspections, Liberty Title, North American Title Company, Rainbow International Restoration of Shoreview, REALTORS Charitable Foundation, Royal Credit Union, Spacecrafting, Square Feet Floor Plans, TitleSmart, Wells Fargo Home Mortgage, and Zerorez



Upcoming Education & Events

  • "Proven Business Tax Strategies for the Real Estate Professional." Thursday, May 18, 8:15am-11:00am. REGISTRATION
  • Biggest Tuesday Sales Meeting Ever. Tuesday, May 23, 8am-12pm. REGISTRATION
  • 2016/17 Required Module - Residential Contracts. Wednesday, June 7, 8:15am-12:15pm. REGISTRATION
  • Breakfast for the Brain Panel. Thursday, June 8, 9am-11:30am. REGISTRATION
  • Toys for Joy Summer Food Fest. Tuesday, June 13, 4:30-7pm. MORE INFORMATION
  • Toys for Joy Golf Tournament. Monday, June 19. MORE INFORMATION

Bring in the SPAAR Squad for your Next Office Meeting

Looking for useful content for upcoming office meetings? SPAAR Squad is here to help! Our staff members are available to attend your meeting and speak about a variety of relevant topics. We also provide onsite training (some with free CE) for groups of 25 or more.



Housing Market Statistics

Get up-to-date housing market information here! SPAAR provides four different types of reports so you can offer your clients the most accurate housing data available. Click below to see how the market's doing.

Local Market Updates | Weekly Market Activity Report | Housing Supply Overview | Monthly Market Indicators


Welcome, New Members!

SPAAR would like to welcome all our new members! Thank you joining, and we look forward to helping you be successful in your business.

Member Name Company Name
Baltazary, Anita Vibrant Realty
Blue, Casey Agent Referral Network
Chum, Sikong Creative Results
Cook, Lori Edina Realty, Inc.
Dahlberg, Daniel RE/MAX Results
Frank, Stacie Virtual Edge Realty
Hoang, Jennifer Realty Group, Inc.
Huq, Aminul Keller Williams Classic Realty
Kartak, Harlan Realty Group, Inc.
Lancaster, Lily Norton Realty, Inc
Lehner, Shannon Red Key Realty
Lentsch, William M Partnership Investment Group,
Musachio, Nicholas Keller Williams Integrity RE
Nathan, Peter Keller Williams Integrity Rlty
Oliver, Jason Keller Williams Preferred Rlty
Paulus, Timothy First Financial Title Agency of MN Inc
Ponce, Orlando VSM Real Estate LLC
Quast, John Ashland Credit Union
Rabbers, Justin Edina Realty, Inc.
Rangel, Marisa Fish MLS Realty
Rieland, Jessica Edina Realty, Inc.
Rudd, Donna Keller Williams Premier Realty
Schmitz, Jamie Coldwell Banker Burnet
Shook, Ryan IQ Realty
Solorio, Daniel Realty Group, Inc.
Souvannavong, Katherine Keller Williams Preferred Rlty
Steele, Scotland Virtuance
Straka, Joshua Hewitt Jackson Real Estate
Thao, Cee Creative Results
Tischler, Michael All American Home Inspections
Vue, Xao Fish MLS Realty
Welliver, Amanda Neighbor Worts Home Partners
Whitters, Joseph Drain Busters
Wright, Sidia C.U.Realty
Yang, Dara Realty Group, Inc.
Yang, Sai Creative Results