JEFFERSON COUNTY BOARD OF REALTORS SEPTEMBER, 2012 President’s Message Well summer is almost over and the final month of the third quarter begins. 2012 seems to be going by at an extremely fast pace. Our August social at the Lake Mills Golf course had only 20 members attending which was rather disappointing. However, we did raise over $400.00 for RPAC. Hopefully, future events will be better attended. September always brings our state wide convention (I hope there will be a good showing from Jefferson County) as well as the election of officers for our organization. Kim Jones is on the docket to head the JCBR next year. And from the slate of officers there are so far, it looks like it will be a very productive board. Home sales in the South Central region continue to increase over last year and as we go forward into fall let us hope it continues. Anyway, happy selling and see you at the September meeting. Barry Luce, President ReMax Community Realty CALL TO NOTICE: VOTE TO CHANGE JCBR BY LAWS September 13, 2012 Members Meeng Notice is being given your Board of Directors is calling for a vote to change the Jefferson County Board of Realtors’ By Laws. The Board has voted to change their fiscal year from January 1st through December 31st to October 1st through September 30th. This change will enable the Board’s fiscal year to match that of the WRA and provide a more accurate accounting of when income is being received. Because this a By Law change being made by the directors and not one that is being mandated by the National Association of Realtors, it is necessary for a vote of the general membership. Page 2 September Members Meeting BOARD ELECTIONS Celebrating AFFILIATE APPRECIATION September 13, 2012 8:30 AM Lake Ripley County Club Cambridge Hosted by First Weber Group $11.00 BREAKFAST FEATURES 2 egg bakes (sausage & Vegie), cheesy potatoes, muffins, seasonal fruit, coffee & juice. RSVP to First Weber at 920 699-7100 no later than Tuesday September 11 Attend the meeting to show our Affiliates how much we appreciate all they do for our Association. One of our successes is due to Affiliate support and contributions to our organization. We are very proud of them. VOTE FOR THE 2013 BOARD OF DIRECTORS PRESIDENT Executive Directors Kim Jones First Weber Group VICE PRESIDENT Heidi Kabat ReMax Community SECRETARY/TREASURER Ann Braasch Shorewest Directors Sharon Stade ReMax Preferred Sharon Mack Shorewest Laura Baker First Weber Group Affiliate Director Deb Egli Farmers & Merchants State Bank There is still time to get your name on the ballot for the Directors position. Nominations will also be taken from the floor. If you want to volunteer, email the board office at [email protected] AND DON’T FORGET YOUR FOOD PANTRY ITEM! Page 3 2012 Orientation Schedules GREATOR MILWAUKEE ASSOCIATION OF REALTORS Call 866 303-4627 ALL DATES ARE ON TUESDAYS September 11 October 2 November 6 December 4 All classes will be held at REALTORS ASSOCIATION OF SOUTH CENTRAL WISCONSIN Contact: Beth Fletcher 800 422-8831 4801 Forrest Run Rd #101 Madison, WI 53704 Friday September 14, 2012 8:30 am – 3:30 pm Friday October 19, 2012 10:00 am – 5:00 pm Thursday November 15, 2012 8:30 am – 3:30 pm GMAR 12300 W Center St Milwaukee, WI 53202 Registration 8:00 am Orientation 8:15 am—12:15 pm Please notify them 48 hours ahead of the date you are attending as they cater lunch. What REALTORS® Should Know About the Federal Health Care Reform Law—Impact on Real Estate Transactions Despite e-mail rumors to the contrary, the PPACA does NOT create a sales or transfer tax on real estate. However, starting January 1, 2013, a new 3.8 percent Medicare tax will be imposed on the “net investment income” of individuals with an adjusted gross income (AGI) of $200,000 or more, or $250,000 for married couples filing jointly. Since capital gains are included in the definition of net investment income, the sale of real property may result in an additional tax obligation. However, for sales involving a principal residence, the existing $250,000 for individuals and $500,000 for married couples exclusion from capital gains on the sale of a principal residence remains unchanged. As a result, even if the AGI limits are met, the new tax would apply only to any home sale gain realized in excess of the $250K/$500K primary home exclusion that pushes the individual’s AGI over the $200K/$250K adjusted gross limit. LNDA ZWICKER DIANE RUE NMLS#265859 NMLS#272170 116 E Madison Street, Lake Mills, WI 53551 LOW RATES ~ Convenonal, GRH, FHA, VA Programs ~ BBB A+ Rated Page 5 Any Status Changes? All Member Status Information must come to the Board Office. DRs must contact the office in writing, with any changes, additions and releases of agents within 30 days, in accordance with our Bylaws. This includes which MLS the agent is affiliated. A $50.00 fine will be assessed for each violation. NO MEMBER WILL BE ADDED OR REMOVED ANY MLS WITHOUT WRITTEN AUTHORIZATION. FROM To submit changes, you will find the form on our website - go to the Realtor Links page. Or email the Board office at [email protected] Please remember, dues are assessed from the day the license is placed in an office. Handy Information JCBR Email [email protected] JCBR website www.myjcbr.org Association NEW phone number 920.541.3203 Association Fax 888.522.7003 WRA General # 608.241.2047 WRA members only 1 800.279.1972 Legal Hotline 608.242.2296 Legal Hotline Members only 1 800.799.4468 DUES MAILING DO WE HAVE YOUR CORRECT ADDRESS? 2013 DUES STATEMENTS will be mailed soon and we need to make sure we have the correct information in order for you to receive your statement on time and avoid any additional late fees. If you have made any changes to your cell phone, home phone, have moved, have a direct number at work or a different email address, please send an email to the Board office indicating your current information and billing mailing address at your earliest convenience. Thank you for your cooperation. Page 6 Register at http://www.wra.org/ConventionRegistration/ The real estate industry is moving fast. Are you moving at the same speed? It’s easier than ever to access real estate-specific news, videos and technology tips with the new mobile news app from the Wisconsin REALTORS® Association! You’ll receive coverage of both local and national markets as well as updates on association business. Your news will include reports and articles from Wisconsin Real Estate Magazine, Inman News, the WRA’s Agent Newswire, WRA Tech Hottips and more. It’s easy to load, easy to use and free. Test drive it today! Download the app today from the iPhone App Store or the Android Market. Keyword search 'WRA News'. Page 7 2011 Leadership Team President Barry Luce Re/Max Community 920 648-7755 Vice President Kim Jones First Weber-LM 920 699-7100 Secretary Treasurer Ann Braasch Shorewest 920 261-3758 Director Danielle Hartwig Shorewest REALTORS 920 261-8707 Director Heidi Kabat ReMax Community 920 648-7755 Director Ed Hoffer Hoffer Realty 920 261-4654 Director Don Delzer First Weber-LM 920 699-7100 Spread a little Sunshine If you know of anyone that needs a little sunshine in their life, please bring it to our attention. Send an email to ROZ at myjcbr@ gmail.com Affiliate Director Deb Egli 920 478-7013 Farmers & Merchants State Bank Association Executive Roz Highfield Fort Atkinson 200 Sherman Ave West 920 723-5079 BOARD OFFICE: open Wednesday mornings 8:30-Noon 304 S Center Street Suite 3 Jefferson, WI 53549 Fax: 888 522-7003 Office: 920 541-3203 Email: [email protected] Web site: www.myjcbr.org Sue Wack NLMS # 764472 920.568-5641 [email protected] Jason Bothun NMLS # 764475 920.568.5649 [email protected] Member FDIC BANKING > INVESTMENTS > INSURANCE > MONTLHY MEETING SCHEDULE: Directors 1st Wednesday of each month Membership 2nd Thursday of each month Page 8 August Board of Director Minutes =preliminary The President called the meeting to order at 8:05 a. m. Heidi was absent After positive moments by Directors, July minutes were approved on a motion by Kim and a 2nd by Dani. Motion carried. AE gave the update for July. Roz brought up the question regarding email blast requests for community events. She restated the board’s policy that only members’ Broker Opens will be email blast. However, a motion was made by Kim and a 2nd by Ann the monthly newsletter contain a section for promotion of community events in Jefferson County that are received. Motion carried Treasurer gave her report. Ann indicated we are on budget for the remainder of the year. The subject of the Board’s fiscal year was brought up. A motion was made by Kim and a 2nd by Deb to change the Board’s fiscal year to match that of the WRA-October 1st to September 30th. Motion carried. Roz will contact board accountant to inform her of the change. Since this is a change in the By Laws, notice and a vote of the membership is required. Roz will include notice in the newsletter and a vote will be taken at the next formal membership meeting. Committee Reports RPAC- The board is still planning for an end of summer event August 23rd which will have a 50/50 raffle with proceeds to RPAC Nominating- Roz provided the board a copy of a preliminary ballot. Holiday Party – tabled until next month Old Business Traveling Back Pack-the Board expressed disappointment in the response received so far from members. Roz will call several offices to see if they can contribute to this cause Elections will be hosted by First Weber at Lake Ripley County Club on September 13th Affiliate Appreciation will be held at the September meeting Budget-executive committee will meet Friday 8-3 and bring back to the entire Board New Business Installation – Roz reminded the Board the President’s office is the host office. Barry volunteered Heidi. Barry indicated he will ask Kathy Zimmermann for recommendations on who at the WRA is available to swear in new directors Meeting was adjourned at 9:10 a.m. on a motion by Ann and a 2nd by Dani. Motion carried. Page 9 Instructions for Continuing Education Scholarship A membership benefit of the Jefferson County Board of Realtors is the Continuing Education Scholarship. The JCBR will award two $200 scholarships for continuing education. Excluded from scholarship is the 12 hours of continuing education (CE) courses. If you are interested in receiving a scholarship from the JCBR, please read the eligibility criteria below and complete the application on the next page. Deadline for all applications is December 1. 2012. Eligibility Criteria 1. Recipient must be a current member and in good standing with the JCBR. 2. Recipient must have been a member of the JCBR for at least one year prior to application. 3. Scholarship must be used to continue recipient’s knowledge in the real estate industry, i.e., ABR, GRI, CRS, elective course, or any other approved course. 4. Scholarship will be paid upon receipt and passing score of the approved class. 5. Scholarship cannot be used for classes attended in the past or currently attending. 6. Scholarship must be used by December 31, 2013. 7. Scholarship is non-transferable. Awards of scholarships will be selected by the Scholarship Committee by December 15, 2012 Successful applicants will be notified by e-mail APPLICATION FOR SCHOLARSHIP NAME: ___________________________FIRM NAME:__________________________ ADDRESS: _______________________________________________________________ CITY/STATE/ZIP: ________________________________________________________ PHONE: (Office) __________________________ (Home) _________________________ E-MAIL: _________________________________________________________________ YEARS IN REAL ESTATE: ______ FULL-TIME OR PART-TIME: _____________ Please write a brief essay of why you should receive scholarship money. Include any organizations you belong to, your participation in the Board and at what level, and your activities in the community. ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ E-Mail to [email protected] or fax to 1-888-522-7003 ALL APPLICATIONS MUST BE RECEIVED BY DECEMBER , .
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