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Board Reporter
December 2019
From the President
Beth Riggins 2019 President
I hope everyone had a Happy Thanksgiving. November has been a really busy month for me: Linda and I flew to San Francisco for the NAR Annual Conference and Expo along with 20,000+ other REALTORS®. The focus of the conference was on discussing opportunities and challenges in the ever-changing real estate landscape. Linda, Cindy (BDAR AE) and I met with Corelogic (our MLS provider) and they showed us several of the features of their add on products. The MLS committee has discussed a few of them in the past but has always been hesitant about the programs that pull from or use overlays from county information. When we met in San Francisco this year they showed us they could access the County info from our counties. If both Board of Directors approve, this could be a great feature with map overlays that show Flood Zones (from FEMA websites) and homeowner info from the Counties that we have had to obtain from the county sites (Camden, Morgan & Miller) in the past. It will all be available in our MLS system! The creation of mailing labels appears to be much easier than the county sites also. One of the meetings I attended was headed by Lawrence Yun, he is Chief Economist and Senior Vice President of Research for the National Association of REALTORS®. If you are interested in stats and trends he always has great info on the NAR site . . . https://www.nar.realtor/search-results?qu=lawrence%20yun
Some of the things I thought were interesting from his talk was that housing shortage is a problem across the Nation but home ownership is slightly rising. Tariffs and distress in the Government is causing inflation to go up and eventually mortgage rates will rise. In his opinion, no matter which political party, he said all Presidential candidates should work on fixing the housing shortage, in the past if more houses are being built there is no recession. Dr. Jessica Lautz, NAR's Vice President of Demographics and Behavioral Insights, discussed NAR's recently released 2019 Profile of Home Buyers and Sellers, completed by NAR Research. There has been an increase in unmarried couples buying and also roommates buying together. Birth rates at 30 year low and the increasing drive is fur babies needs. Many more people are wanting to be close to dog parks, pet stores, vets, etc instead of concern about schools and childcare. There is also much more multi-generational home owners. The number one reason to move is to be closer to friends and family. FSBO’s are at an all time low and she reported 89% of sellers use a REALTOR! A video with her presentation can be viewed: https://www.nar.realtor/search-results?qu=With%20Jessica%20Lautz Due to the housing shortage the hot topic at the conference was pre-listing/pocket listing MLS rules. Linda and I attended the MLS Issues and Policies Committee/MLS Forum on Saturday
Continued . . .
In This Issue
President’s Letter 1
BOD Minutes 3
Congrats / New Stats 4
Birthdays / Save the Date 5
New Members List 6
BOD & Committee List 7
Financial Report 8
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Continued …… morning. It was standing room only. Several people spoke about the coming soon and pocket listing issues in their areas. One person said in his area if there are 10 houses for sale on one street, he has to belong to 7 different associations or groups to get all of the information. Some are shared in groups created by large companies and the listings never go into MLS. The reason to belong to an MLS is co-operation, not just a place to put the listings an agent can’t sell themselves. After almost 3 hours of discussion the committee voted to recommend to the Board of Directors the motion to require listings to be entered into MLS within 1 business day after it has been advertised to the public. This will prevent the practice of agents marketing the property to all of their own buyers for days and sometimes weeks before sharing it with other members of the local MLS. I wish more people would attend these yearly meetings, so many great discussions and events occur at the conference. The NAR conference for 2020 will be held in New Orleans. Time is running out! Complete the National Association of REALTORS® Commitment to Excellence (C2EX) by December 31, 2019, for a chance to win a $2,500 travel voucher*! *The $2,500 travel voucher may be used to pay for travel costs such as flights, lodging, etc. to a destination of your choice. Must be a Missouri REALTOR® in good standing to participate.
All who complete the C2EX program will be invited to attend a special reception during the 2020 January Business Conference, where we will draw the “Cruise to Excellence” winner. (You do not have to be present to win.) Commitment to Excellence (C2EX) is a program that empowers REALTORS® to demonstrate their professionalism and commitment to conducting business at the highest standards. C2EX focuses on 10 elements (11 for brokers) of professionalism ranging from customer service to use of technology. Be an advocate for the future of our industry. Be committed to excellence. Get started today! www.C2EX.realtor I look forward to seeing everyone at the Christmas/Installation Banquet on Friday December 6th! Show your Pride. Keep our West Side Alive. VOLUNTEER! Beth Riggins
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Board of Directors
Meeting Minutes
November 13, 2019
Meeting was called to order at 9:00 am.
In attendance were Karen Watkinson, Bill Johnson, Carol Browne, Beth Riggins, Nancy Rogers, Ann Davidson, Barb Stockwell, Cricket Staggs, Linda Yelton
Deana Wolfe who is running for Missouri Realtors Treasurer Elect for 2020 gave a presentation.
The agenda for the meeting was approved.
The minutes from last months meeting were approved.
REPORTS The MLS committee gave a report The proposed agreement with Showing Time for Info Sparks and FastStats was discussed. A
motion was made to not go forward with Info Sparks, but instead look in to Realist Adding “enSuite” to the list of rooms was discussed and approved Adding “Pickleball” to the Exterior Features was discussed and approved Adding “Cities and Zip Codes” upon request was discussed and approved Adding “Closing of Home” to the Contingency Field was discussed and approved Adding “$/Acre” to Lots and Lands was discussed and sent back to committee Adding “Dockable (Dock Allowed) yes/no to lots and lands was discussed and approved Adding a policy that requires at least one photo to be uploaded before listing becomes active
was discussed and approved.
Discussed as Information Only Bagnells BOD tabled the recommendation to enter an agreement with HomeSnap Bagnell’s BOD surveyed their members regarding number of photos to be uploaded. Will go back
for discussion Corelogic offers a program called “Realist”. Will be discussed and voted on in the future A request by Keller Williams for MLS sold info was denied
OLD BUSINESS- there was no old business discussed
NEW OFFICES Keller Williams Greater Springfield was approved as a new office NEW MEMBERS James Bolin, Keller Williams Greater Springfield was approved; Rhonda Lettow, Lake Home Realty of Missouri, LLC was approved
NEW BUSINESS It was discussed what Charitable Organizations the board would contribute to this year. It was
decided to gather more information Core Standards requirements have been met with the exception of AE’s review There is a new MLS policy that will be effective Jan. 1, 2020 regarding the timeframe for
listings to be submitted to the MLS. This becomes mandatory on May 1, 2020 There is a change to the Code of Ethics training requirement from every 2 years to 3 years There was a request from the Program Committee for additional funds for the Installation
Dinner- this was discussed and approved
The meeting was adjourned at 10:32 am.
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Below is a quick view of the NEW 3rd Quarter 4-Year Sales Stats. These have been broken
down to include Waterfront and Offshore Residents and Lots. To see the full 2-page
document, click on either page below. These will be available quarterly in the LOBR.net
Website under Sold Stats. Please let the LOBR office know should you have any questions
or concerns, please let us know.
Ann Davidson . . . Nancy Rogers . . . . Cricket Staggs
All finished the C2EX Program for 2019
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Cricket Staggs Barb Stockwell Sharon Tausch Kenny Teeple Richard Wright
Dina Blackmore Rhonda Burris Steven Hampton Sky Johnson Doris Phillips
December Birthdays
You're invited! Immediately following the
Installation/Christmas Dinner,
move across the street for more fun!
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NEW OFFICES
Chartwell Realty—Lee’s Summit
NEW MEMBERS
Holly Hatzenbuehler—Lehmann Realty
John Platten (DR) - Keller Williams Realty West
Brant Elsberry—Chartwell Realty
Sara Jaeger—Chartwell Realty
NEW AFFILIATES
John Bertoni—American Ozarks Home Inspections
REACTIVATED
TRANSFERRED
SUSPENDED
OPTED OUT
Todd Hollins—Keller Williams Realty West
Brittany Monroe—Century 21 Prestige
Brittany Rae Viruet—RE/MAX Next Generation
Vicki Drake Deforest—RE/MAX at the Lake
Campaign Assets for Social Media
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From Mantill Williams at NAR on Nov 19, 2019
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BOARD OF DIRECTORS President –Beth Riggins
[email protected] 374-5206 Vice President – Carol Browne [email protected] 348-9898 Secretary – Barb Stockwell [email protected] 374-5206 Treasurer– Ann Davidson [email protected] 374-1331 Local Director – Karen Watkinson [email protected] 378-4641 Local Director - Bill Johnson [email protected] 374-0769 Local Director - Sue Kupfer [email protected] 346-3333 Local Director - Cricket Staggs [email protected] 693-9977 State Director - Nancy Rogers [email protected] 374-1331 State Director - Sara Veile [email protected] 374-5206
COMMITTEE CHAIRS Affiliate Involvement - RonYarbrough
[email protected] 913-579-4939
Awards/Programs - Dave Schulz & Barb Stockwell [email protected] 374-5206 [email protected] 374-5206
Community Outreach - Sara Veile [email protected] 374-5206
Education - Sue Kupfer [email protected] 346-3333
Finance - Ann Davidson [email protected] 374-1331
Government/Legislative Affairs - Bill Johnson [email protected] 374-0769
MLS - Cricket Staggs [email protected] 693-9977
RPAC - Nancy Rogers [email protected] 374-1331
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November 2019 Financial Report
Monthly Financial Status Report, November 29, 2019
November 2019 Activity
Checking Account 124
Balance Reported October 27, 2019 $95,086.78
Income $14,256.16
Expense -$22,419.80
Balance as of November 29, 2019 $86,923.14
Total Cash on Hand as of November 27, 2019
CBOLO 128 Cash Mgmt $9,859.85
CBOLO 124 Checking $86,923.14
Subtotal at CBOLO $96,782.99
BOV 127-Bldg Maint $10,704.92
CD $38,181.45
Subtotal at BOV $48,886.37
Total $145,669.36
Cash Liabilities as of November 27, 2019
Payroll Taxes Payable -$2,179.67
MR, NAR, Prof Stds -$8,880.30
Apx 2019 Principle Payable -$4,000.00
Total Cash Liabilities -$15,059.97
Net Cash Total $130,609.39
