The Mission of the DeKalb Area Association of REALTORS® is to enhance the ability and opportunity of its members to conduct business successfully and ethically and to promote the public’s right to own, transfer and use real property.

Monday, March 15, 2010

Short Sales Information and Resources

Brokers may want to visit the Short Sales Information and Resources page on Realtor.org where they will find NAR's short sale policy, a short sale workflow and a Freddie Mac sh! ort sales webinar. This information is designed as an educational re source for brokers and sales associates to better understand the short sale process. Further, the short sale workflow can be downloaded and customized for use in your local association. Read more...http://www.realtor.org/MemPolWeb.nsf/pages/ShortSales?OpenDocument&WT.mc_id=LS031010&CAT=Prof

Introducing DocuSign REALTOR Edition

New REALTOR Benefits® Program Partner, DocuSign, a market leader in on-demand electronic signature and eSign solutions, is offering REALTORS® an exclusive edition that fits their needs. With DocuSign, you can electronically and securely send, sign, track and store your real estate documents. This exclusive edition is available at special NAR member-only pricing of 20% off retail. Click below to discover how DocuSign works for real estate. For more information¸ visit...http://www.realtor.org/realtor_benefits/benefits_partners/docusign?&WT.mc_id=LS031010&CAT=About

IAR License Law Updates

In order for to help provide IAR members with useful information in preparing for the transition with the new license law, we have redesigned the Web site created at www.iarlicenselaw.org. We hope you find it more user-friendly! Check it out! We will continue to produce Webinars and Podcasts throughout the next year to help members with questions regarding the new license law.

Is Anybody Still Doing Deals?

Illinois CCIM Chapter Luncheon
Is Anybody Still Doing Deals?
March 18, 2010
Maggiano's Schaumburg
1901 E. Woodfield Road
Schaumburg, IL

To register click on the following link

http://events.constantcontact.com/register/event?oeidk=a07e2qylk37d6d13cbc

Wednesday, March 10, 2010

Right Tools, Right Now

Right Tools, Right Now.

Earn the Short Sale and Foreclosure Resource Certification before March 31, 2010, and the $175 application fee will be waived as part of NAR’s Right Tools, Right Now.

Short Sale Incentive Program Begins April 5th

Short sale incentive program begins April 5.

The Obama Administration’s Home Affordable Foreclosure Alternatives Program (HAFA) takes effect April 5. HAFA, will help homeowners who are unable to retain their home under the Home Affordable Modification Program (HAMP), by providing incentives for short sales and deeds-in-lieu of foreclosure rather than foreclosure.

The Impact of Mandating Residential Fire Sprinkler Systems

The Impact of Mandating Residential Fire Sprinkler Systems

The IAR Advocacy Program has produced a new lobbying brochure on the issue of municipal ordinances which require the installation of fire sprinkler systems in ALL newly constructed single-family homes and townhomes. IAR’s local Government Affairs Directors are expecting that this issue will be prominent in 2010 because a national building officials group recently recommended that this requirement be a part of any local building code (for new residential construction). In addition, the sprinkler manufacturer lobby is pressing hard for this requirement. The brochure will be given to local officials when they consider such a proposal. The piece is intended to have local officials consider all aspects of an installation mandate, including the cost borne by the new homebuyer, and the deprivation of consumer choice. For a copy of this brochure contact Aimee Bick of IAR, abick@iar.org or 800-752-3274.

How New Lead-Based Paint Rules Affect REALTORS

How New Lead-Based Paint Rules Affect REALTORS®

The U.S. Environmental Protection Agency (EPA) has issued a new rule regarding remodeling and renovation work that is done in housing to address lead-based paint hazards created by such work. This new rule goes into effect on April 22, 2010. The U.S. EPA rule in this area addresses lead hazards in remodeling and renovation projects. To reduce exposure to lead-based paint hazards during renovation activities, EPA is requiring additional notification and work safety procedures before, during, and after remodeling or renovation activity. These new rules will particularly impact REALTORS® who have significant property management activities in their practice and residential property managers. NAR has developed a pair of video compliance guides to help REALTORS® understand the new rules and their compliance responsibilities.

License Law Rewrite Implications for Brokers

A must read for all Brokers...

Please read the License Law Rewrite Implications for Brokers at the following link

http://www.illinoisrealtor.org/files/DR/DRLegal_March_2010.pdf

Friday, March 5, 2010

Membership Meeting

"Economic Development 2010" - DeKalb & Ogle County Reports
By: Paul Borek of DCEDC and Jason Anderson of GREDCO
Thursday, April 8, 2010
Rochelle Country Club South Route 251 in Rochelle
9am - $10 per person payable to DAAR
Breakfast Buffet
RSVP is a must by March 31st - no exceptions
Call DAAR today 815-899-3301 to reserve