New Member Orientation. March 27, 2019

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1 New Member Orientation March 27, 2019

2 Agenda 9:00 10:00 SPAAR Welcome 10:15 11:15 MLS Rules & Regulations 11:15 12:00 Lunch 12:00 2:30 Code of Ethics

3 Introductions

4 Thank You Affiliates Erica Brodd Shari Larson Nicholas Watkins

5 SPAAR Jurisdiction SPAAR: Your Local Association 7,300+ members strong 12 member counties 130+ years of service Major shareholder of the RMLS of Minnesota

6 Key Question #1: Who came farthest?

7 Patti Jo Fitzpatrick SPAAR President Welcome! Make the most of your membership

8 SPAAR Leadership Patrick Ruble, President Elect Tracy Baglio, Treasurer

9 SPAAR WELCOME

10 Patti Jo Fitzpatrick, SPAAR President Welcome! Make the most of your membership John Fridlington, SPAAR CEO Welcome!

11 Membership at All Levels

12 Minnesota REALTORS 20,000+ REALTOR members Ethics Professionalism & education Private property rights advocacy

13 National Association of REALTORS 1.3 million REALTOR members Largest trade association in the US Property ownership rights Industry advancement

14 SPAAR Overview

15 SPAAR Strategy MISSION The Saint Paul Area Association of REALTORS promotes the dream of homeownership with the highest level of professionalism and integrity. TAGLINE

16 SPAAR Strategy: 4 Pillars Objective: Provide a clear vision of Association s direction Helps SPAAR keep focused on mission and strategy Reviewed annually, basis for strategic planning

17 Member Driven 2019 Board Installation

18 SPAAR Committees

19 Key Question #2: How many REALTORS are there in Minnesota?

20 Advocacy

21 Government Affairs Local lobbyist Regional County City Advocating on your behalf Civil Respectful Educational Focused on your issues

22 Public Policy Issues Time of Sale Housing Inspection Ordinances Inclusiveness Rental Property Vacant Property Green Policy Housing Opportunity Regional Growth Transportation

23 Local/Regional Regulations Hear something in your area? Call Madeline!

24 RPAC REALTOR Political Action Committee Non-partisan support 70% Local Candidates 30% Federal Candidates Not a Charity!

25 RPAC Supports the issues important to REALTORS Profession Livelihood Private Property Rights Property Ownership

26

27 Key Question #3: What percentage of an RPAC contribution is tax deductible?

28 Community Engagement

29 Community Engagement Create pathways for members to serve & connect with their communities Publicize what members are already doing It s good for business!

30 Community Engagement Committee 30

31 Diversity Committee Promoting the diversity of SPAAR s membership and homeownership to diverse groups 31

32 Community Engagement Toys for Joy REALTORS Charitable Foundation College scholarships Community grants 1100 families served in 2018! 3,900 books, toys, food & wreaths

33 Upcoming Events Through March 19 Host a "We Care" collection box in your office Volunteer to donate art supplies to decorate the collection boxes Decorate the "We Care" boxes on January 22 or January 29 from 10-11am; 8-10

34 Upcoming Events

35 Upcoming Events through April 26, 2019

36 Key Question #4: The Diversity Committee promotes diversity in what two ways?

37 Professional Development

38 Professional Development Mandy Boldt Professionalism Kristin Parker Education & Events

39 Upcoming Classes Islamic Funding in the USA Thursday, March 28, 2019 (1:00 PM to 3:15 PM) 2.25 CE Hours $10 Non-QM Lending Friday, March 29, 2019 (10:00 AM to 11:00 AM) 0 CE Hours FREE Real Estate Safety Matters Monday, April 8, 2019 (10:00 AM to 11:00 AM) 1.0 CE Hours FREE

40 Your Requirements Requirement Code of Ethics Agency & Fair Housing Required Module What it Satisfies When to Take National Association of REALTORS Biennial January 1, 2019 December 31, 2020 MN Licensure Within each 2 year license period MN Licensure Annually

41

42

43

44 Resources for New Members

45 Key Question #5: How often do you need to complete a Code of Ethics class?

46 Communication

47 spaar.com

48 Electronic Newsletters

49 Social Media

50 Upcoming Events

51 Upcoming Events

52 Upcoming Events

53 Key Question #6: What social media channels does SPAAR use?

54 We re here for you! 2 Locations Coon Rapids Maplewood spaar@spaar.com Emerald Sawyer Member Services

55 Unlock Prizes!

56 Rules & Regulations Getting Started: The Basics

57 Understand the Rules 3 reasons MLS rules are important to your business: 1. Ensures the offer of compensation, making sure you get paid 2. Ensures you have current, accurate and complete property data 3. Ensures professional data sharing and cooperative behaviors

58 Accurate Information All information entered into MLS must be accurate Non-conforming bedrooms Property ID Number Total Finished Square Footage 48-Hour Correction Notice Enter a listing into MLS only if you have a signed valid contract

59 Timely Information Listings must be entered into MLS within 2 business days of the contract listing effective date Withhold from MLS included Photos must be uploaded to the listing within 2 business days of the listing active date Update the status of the property within 2 business days of the change. TNAS status changed if not allowing showings for more than 24 hours.

60 VIOLATION EXAMPLE

61 Considerate, Courteous, Cooperative Public Fields public remarks, open house remarks, public supplements, virtual tours, and driving directions No promotional, branded, or contact info. Commission offered must be a percentage of the gross sales price or a flat dollar amount.

62 Considerate, Courteous, Cooperative Photos must accurately depict the property for sale Avoid digitally altering the property and its surroundings Keep your yard sign out of the photo Use your own photos, not a previous listing agent s to save time

63 Notice to Correct: 48 hours Correction notices provide you 48 hours to correct an error. This deadline includes weekends, but not state/federal holidays. Fines range from $25 to $100 to $1000, depending on the violation. Failure to correct/pay results in an escalating amount. Remember: Over 96% of compliance notices result in either no fine or a fine that was waived.

64 Getting Started: The Basics MATRIX Search MLS for properties for sale with offer compensation. Conduct market analyses Setup auto searches for clients Run reports and create beautiful charts with current and historical statistical data View tax data ADD/EDIT Enter and edit your listings that appear on MLS.

65 SPAAR Education FREE CE CLASSES

66 NorthstarMLS Training Library

67 B-Roll

68 Thank You Affiliates Timothy Gerdes Shari Larson

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