KOSCIUSKO BOARD OF REALTORS February 2017 NEWSLETTER February 2017 February 2017 KBOR President s Letter Greetings REALTOR and Affiliate Members, As we move into February, we need to pause and recap a couple of KBOR s January highlights. First, thanks to all those that attended the January General Business Meeting. The final attendance number was 111 REALTORS and Affiliate members; one of the biggest January meetings in years. Besides a very productive meeting with the induction of our 2017 Boards and new REALTOR members, our Speakers from the Builders Association of Kosciusko Fulton Counties were excellent. Once again thanks to John Kidd, David Johnson and Brett Harter for the update on their commendable Operation Finally Home project and the Builders agenda for 2017. See the meeting recap and informative links to Operation Finally Home on page 7. Second, I was pleased to join the KBOR PR Committee members in presenting the Kosciusko County Sheriff s with monies raised from the 2016 Christmas Party silent and live auctions. On January 5 th we presented the Sheriff s with $5,488. to go towards updating their tactical vests in 2017. The state of Indiana will also match those monies by half. Thank you to each Christmas auction participant and those that donated money to the Sheriff s Hat ; your money is going to a great cause in our County. See page 9 for details and photos of the presentation. FIND IT ON PAGE.. President Letter 1 December 2016 Indiana Housing Data IRMLS Updates 3 Upcoming Events 4 2017 KBOR Golf Outing 5 2017 Board Inductions 6 2017 First Quarter General Business Retiring Board Members 8 Check Presentation to Sheriff s Department Joint Board of Directors Meeting 2 7 9 10 Membership Update 11 Moving into February, we now have Continuing Education Dates for this spring; May 9 th and 10 th. Details are on the UPCOMING EVENTS page, so you can SAVE THE DATES on your calendar. Finally, the December State stats are out and Indiana existing-home sales are up 22.2% over last year. Kosciusko County Closed Sales were up 19% from last year. Make sure and always read the State and Kosciusko County stats page as there is a wealth of information that you can carry on to a Listing Appointment. Much appreciation, Mark Skibowski President, 2017 KBOR Board of Directors
PAGE 2 December 2016 Indiana Housing Market Data REALTORS : 2016 A STRONG YEAR FOR INDIANA HOUSING MARKETS (INDIANAPOLIS, IN) In 2016, 86,455 single-family homes were sold in Indiana, which translates into an 8.1 percent rise in contract signings over 2015 (6,211 more). This data is found within the Indiana Real Estate Markets Report today released by the state s REALTORS. Other statewide year-end comparisons (2016 vs. 2015) show: Closed home sales increased 7.7 percent to 86,455 Pending home sales increased 4.9 percent to 84,065 Median sales price of homes increased 5.2 percent to $139,900 Average sales price increased 4.2 percent to $166,398 Percentage of original list price received increased 1.0 percent to 95.2 percent Number of new listings decreased 3.6 percent to 111,201 Statewide closed transactions and home prices were better each month of 2016 than the year before, while the year as a whole topped the last two years, said Shelbyville s Nancy Smith, 2016 president of the Indiana Association of REALTORS. Although as inventory remains tight and buyers are waiting to jump into the marketplace, pending sales for the month are down a bit compared to the prior year. Unemployment fell in 2016; and, with home values expected to rise as the year goes on, many view the first few months of 2017 as an opportune time to close on a home. The traditional statewide monthly review (December 2016 vs. December 2015) includes inventory information: Closed home sales increased 3.9 percent to 6,714 Pending home sales decreased 4.2 percent to 4,606 Median sales price of homes increased 7.0 percent to $139,000 Average sales price increased 6.9 percent to $167,712 Percentage of original list price received increased 0.9 percent to 94.5 percent Number of new listings decreased 10.1 percent to 4,710 Inventory of homes for sale decreased 16.8 percent to 27,728 units Months supply of homes for sale decreased 24.0 percent to 3.8 months The Indiana Real Estate Markets Report obtains data from 9 of the state s 10 Multiple Listing Services (MLSs), including the Broker Listing Cooperative (BLC ) in central Indiana. To date, the report represents 98 percent of the housing market statewide and 91 of 92 Indiana counties. Statewide Housing Market Overview: View File Kosciusko County- One Month and Year-to-Date Report : View File
PAGE 3 IRMLS UPDATES By Julie Alert, IRMLS Project Manager Social Media & IDX: IRMLS is getting a lot of questions related to listings posted on Social Media. Offices/Listing Agent can post their own listings on social media in accordance with Indiana License Law and MLS rules but they CANNOT post other office s listings on social media without the express permission of the Listing Office/Listing Agent. IDX Policy gives MLS Participants permission to display each other s listings on their websites. MLS Participants/Agents may NOT use IDX provided listings for any other purpose other than IDX display. - Section 18.2.2: MLS participants may not use IDX-provided listings for any purpose other than display as provided for in these rules. This does not require participants to prevent indexing of IDX listings by recognized search engines. Additionally, IDX provided data may not be used for any other purpose or provided to any other person/vendor outside of the member and vendor who signed the data licensing agreements. Members should be reminded that providing vendors or anyone with MLS logins and passwords is in violation of IRMLS rules and users are subject to a $1,000 fine per occurance. - Section 18.2.6: Except as provided in the IDX policy and these rules, any IDX site or a participant or user operating an IDX site or displaying IDX information as otherwise permitted may not distribute, provide, or make any portion of the MLS database available to any person or entity. Finally, anyone who offers a property search on their website must have an IDX account with IRMLS. This includes agents who frame other sites that offer a property search such as Realtor.com, Franchise sites, Zillow etc. MLS Mobile & RETS Refresh: Every Wednesday sometime between 8 am and 5 pm, Black Knight does a RETS refresh. During the refresh, access to MLS Mobile, the RETS server and other RETS related integrations will be briefly interrupted.
PAGE 4 Builders Home and Outdoor Show Dates: Friday, March 17th, 2017 Sunday, March 19th, 2017 The Builders have invited all of our Members to get a booth at the show! Get all the details in the link below. Click here for more information! 2017 General Business Meetings All Meetings in 2017 will be held at the Tippecanoe Lake Country Club starting at 11:30 a.m. 2nd Quarter Wednesday April 19, 2017 3rd Quarter Wednesday July 19, 2017 4th Quarter Wednesday October 18, 2017 Mark your Calendars Now! 12-Hour Broker Continuing Education Dates: Tuesday, May 9, 2017: 8:00 a.m. - 5:00 p.m. and Wednesday, May 10, 2017: 8:00 a.m. - noon Where: The Meeting Place 475 Anchorage Road, Suite 6 This 12-hour Session is FREE to KBOR members. *Registration is NOT open yet; we will advise when it is available. REALTOR and Affiliate Reminder If you have perfect attendance for 3 out of 4 General Business Meetings, your name will be placed in a drawing for.your 2018 NATIONAL, STATE AND LOCAL DUES OR YOUR ANNUAL AFFILIATE DUES! The winning tickets will be drawn at the Annual Christmas Party and the winners will receive a refund check for their 2018 REALTOR or Affiliate Dues! The KBOR Board of Directors wants you to know they value your membership and attendance to all of KBOR events. *PLEASE note: You will register directly with RECP- NO local registration can be taken. KBOR Golf Outing Save the Date! Monday June 12, 2017 More details on page 5! New Member Orientation Save the Date! Thursday Sept. 21, 2017 For all new 2017 REALTOR Members
PAGE 5 More details to come soon! Mark you calendars now!
PAGE 6 2017 Board Inductions The Kosciusko Board of REALTORS inducted its KBOR and KBOR MLS Board of Directors at their quarterly general business meeting on January 18, 2017 at the Tippecanoe Lake Country Club. This year s boards include 11 incumbents and 5 newly ratified members. President Mark Skibowski of RE/MAX Lakes will lead the KBOR Board of Directors while Kim Clark of Coldwell Banker Roth Wehrly Graber was appointed 2017 KBOR MLS President. The Kosciusko Board of REALTORS has 160 REALTOR Members and 72 Affiliate Members who serve all of Kosciusko County. KBOR has been devoted to furthering the interests of home and other property ownership since granted its charter in 1948. Click here for the article on InkFree News! KBOR Board of Directors pictured from left are Jan Orban and Brian Peterson the Brian Peterson Group; Nanette DeGaetano and Linda Goshert, CBRWG; Charles Mills, Homes Land and Lakes Realty; Kay Young, Todd Realty; Time Hatcher, Hatcher Real Estate; Shelly Avery, Fidelity National Title; and Mark Skibowski, RE/MAX Lakes. Missing, Ron Shipley, Pier 13. KBOR MLS Board of Directors pictured from left are Sandy Hatcher, CBRWG; Rex Heil, Todd Realty; Julie Hall, Berkshire Hathaway; Angie Hartley, RE/MAX Results; Kim Clark, CBRWG; and Christie Brumfield, RE/MAX Results
PAGE 7 1st Quarter General Business Meeting January 18, 2017 Thank you to all 111 REALTOR and Affiliate Members that came to our First Quarter General Business Meeting! The meeting kicked off with the annual installation of your 2017 KBOR and KBOR MLS Board of Directors: 2017 KBOR Board of Directors President Mark Skibowski Vice President Jan Orban Treasurer Linda Goshert Directors Nanette DeGaetano, Tim Hatcher, Charles Mills, Brian Peterson, Ron Shipley, Kay Young Affiliate Director Shelley Avery 2017 KBOR MLS Board Of Directors President Kim Clark Treasurer Christie Brumfield Directors Julie Hall, Angie Hartley, Sandy Hatcher, Rex Heil Afterwards, Jan Orban inducted KBOR s new members: Brandon Bellinghausen, RE/MAX Results, Kendra Paton, CBRWG and Carol Presley-Ousley RE/MAX Results. Our first speaker, John Kidd, R.W. Kidd Construction and Contractor of Record for the Operation Finally Home project shared the exciting details of their Warsaw Veteran Home Build. For more information and if you would like to make a pledge see the following: Builders of Hope Brochure Operation Finally Home Pledge Card Project Overview Handbook We also thank David Johnson and Brett Harter for their recap of BAKFC s 2017 initiatives.
PAGE 8 1st Quarter General Business Meeting January 18, 2017 Loretta Reeder RE/MAX Results, Linda Riley, Ruoff Home Mortgage, Jan Miller, RE/MAX Results, Bruce Woodward, Woodward Realty Retiring Board members Loretta Reeder, Linda Riley, Jan Miller and Bruce Woodward, along with Joyce Needler who is not pictured, have devoted their time and wisdom to KBOR for four years. In representing the membership, they made tough decisions based solely on what was best for KBOR. Their leadership and clear vision has given the new 2017 Board a strong and invigorated base to continue to build on. They have assured KBOR will continue to achieve NAR s Core Standards; have a strong voice in the community and continue their benevolent history of giving back to our communities.
P age 9 V o l ume 4 Iss ue 2 KOSCIUSKO BOARD OF REALTORS SUPPORT THE KOSCIUSKO COUNTY SHERIFF S DEPARTMENT Pictured, from left, are Sheriff Chad Hill; Nanette DeGaetano, CBRWG; Sheriff Aaron Rovenstine; Linda Riley, Ruoff Mortgage; Jan Miller, RE/MAX Results; Jessica Wegener, Fidelity National Title; Sheriff Chris Frances; Leanne Frances, Mutual Bank; Mark Skibowski, RE/MAX Lakes and 2017 KBOR President; and Shelley Dobbins, Mutual Bank. The 171 REALTOR and 75 Affiliate members of the Kosciusko Board of REALTORS (KBOR) wanted to let the Kosciusko County Sheriff s Department know they have their full support and appreciate the hard work they do each day in our communities. At their Annual Christmas party held on December 1, 2016, KBOR raised $5,488 to help the Sheriff s Department upgrade their tactical vests. The monies were raised from both a silent and live auction and donations. The check was presented to Sheriff s Aaron Rovenstine, Chad Hill and Chris Frances at the Kosciusko County Sheriff s office on January 5th. Sheriff s Deputies Kreg Kuhn and Chris Francis help with the live auction of themed Christmas trees. KBOR supports each man and woman in blue that helps maintain the quality of life we all enjoy in Kosciusko County and that continue to insure our county is a safe place to live, work and visit.
PAGE 10 Joint Board of Directors Meeting January 13, 2017 It is only the beginning of the year, but both Board of Directors have already kicked off 2017 with a Joint Board of Directors meeting earlier this month. The new Officers and Directors were joined by Karl Barron, CEO of the Indiana Association of REALTORS and Adam Turner, Association Attorney. Karl discussed the Local Association of the Future Task Force that has been formed at the State level. Adam discussed the fiduciary duties of being a Board officer and Director. It was a very productive meeting to kick off our year! Just as in 2016, the NAR Core Standards are front and center for 2017. As a reminder, this is a set of standards the National Association of REALTORS established that each local association in the country must adhere to or lose their local charters. Requirements span from RPAC Advocacy to consumer outreach to annual financial audits to community commitments. NAR has set 2017 s standards at a whole new level, so be prepared to potentially see requests for help on special events and task forces so we assure KBOR once again passes Core Standards. Karl Barron, CEO of IAR and Adam Turner, Turner Valentine, LLP and Association Attorney Karl Barron, Adam Turner and Members of the KBOR and KBOR MLS Boards
PAGE 11 New REALTOR Members: Membership Update Brandon Bellinghausen RE/MAX Results Jackie Decker RE/MAX Results Thomas Elkins RE/MAX Partners Vanessa Hall Centurty 21 Affiliated Carol Presley-Ousley RE/MAX Results Julie Seiss Reecer Properties New Affiliate Member: YellowFin Home Inspection; Responsible Member Chis Panelli KBOR AND IRMLS LEADERSHIP ROSTERS: KBOR Board of Directors KBOR MLS Board of Directors IRMLS Board of Directors IRMLS Advisory Council