August 14, 2017

MAAR Board Election Call to Action

MAAR Board of Directors Election Open August 1 until August 15.
To assure your election specific broadcast email arrives safely in your inbox on August 1, 2017, simply add the following email address as an approved sender: If you do not receive your election email by August 2, 2017 please contact


MAAR is now accepting NAR & MNAR Appointee applications. If you’re interested in representing MAAR at the state or national level, please complete the NAR & MNAR BOD Appointment Application by Monday, August 21, 2017. In addition, if you know of other potential leaders that might be interested, please pass it on. 
Also, the election is open for MAAR Board of Directors. Please vote and remind your colleagues to vote.

The Saint Paul Area Association of REALTORS®, MN REALTORS®, Minneapolis Area Association of REALTORS®, and Housing First Minnesota are coming together to host the largest gathering of housing industry professionals in the state!

If you work in the housing industry, we invite you to join us for Housing Day at the Minnesota State Fair, on Monday, August 28. Bring your friends, family, and colleagues and represent your industry in front of thousands of fair-goers at the "Great Minnesota Get Together." Your local and state associations will have fun activities and a few surprises planned for you to add to your state fair experience. Activities and special events will be taking place between 10am and 3pm at the Horton Pavilions at Heffron Park.

Join us for Housing Day at the Fair on August 28! Bring friends, family and colleagues, and represent your industry in front of thousands at the "Great Minnesota Get Together." All attendees will receive a FREE T-shirt to wear at the event. SHARE THIS POST from our Facebook page for your chance to win 2 free Fair admission tickets and register HERE. Every Friday we'll give away 2 sets of 2 tix.

Register to let us know you'll be there - all attendees will receive a FREE t-shirt to wear at the event.
**** Your registration DOES NOT include entrance into the fair. ****

This event was made possible in part by the following sponsors:

Presenting Sponsor
Liberty Title

Exhibiting Sponsor
GlideCam Property Tours

Supporting Sponsor
Wells Fargo Home Mortgage


Tuesday, August 29 (11:00 a.m. - 4:00 p.m.)
MAAR YPN 9-Hole Golf Scramble|

The Minneapolis Area Association of REALTORS® YPN present the 3rd Annual YPN 9-Hole Golf Scramble. Join us on August 29th from 11:00am to 4:00pm at Theodore Wirth Golf Course for a day of fun, networking and laughs. We'll kick off our event with a small welcome luncheon, then 9-holes of golf, and wrap it up with a small awards / networking / mingle.

Golf cart, lunch, 9-holes of golf and the after game networking event are all-inclusive for just $35.00. 

New and experienced golfers are welcome! RSVP early for this event as space is limited.


"As we reach into August, we'll begin to see the volume of activity wane in anticipation of the school year. Although not every buyer or seller has children, it's no secret that homeownership is a popular housing option for those with kids. In bulk, this has historically been enough of a factor for turning down the summer's market heat before lower temperatures take hold." | MORE



Wednesday, October 18, 2017 (8:00 AM to 4:00 PM)
6 CE Credits for $49 (over $130 value)

Consumers are finding new ways to obtain real estate information online, which can be detrimental if it’s not accurate, and may change how they see the value of a REALTOR®. It also puts consumers at risk for cyber security issues. Technology has also changed what consumers are looking for in a home. At Tech Byte 2017, you will learn how to protect yourself and consumers from inaccurate information online and potential cyber scams, and understand the smart home technology demand.

6 CE Credits for $49 (over $130 value) – The courses offered at Tech Byte are approved by the MN Commissioner of Commerce for a total of 6 hours of Real Estate Continuing Education.

Limited seats, folks. Registration is now open.



Tuesday, August 15, 2017 (10:00 AM to 11:00 AM)
Tuesday Morning's at MAAR | INFO

Tuesday, September 5 (10:00 a.m. - 11:00 a.m.)
Tuesday Morning's at MAAR | 

Details for these events are still to be determined. 

MN State Forms Changes Take Effect August 1

MN REALTORS® made changes to their existing forms, including an overhaul of all Residential Purchase Agreement forms. These changes went into effect August 1 and are available on Instanet Forms. Take a look at this article from MAR for more information and a list of all the form changes that occurred. Contact the Minnesota Association of REALTORS at if you have questions.

Understanding the New Forms Update Classes 2017/18 - NON CE

Tuesday, August 22, 2017 (1:30 PM to 3:30 PM)

Thursday, August 24, 2017 (9:00 AM to 11:00 AM)


Every year there are form changes implemented to improve real estate transactions. This 2 hour session will cover the revisions made to Forms used in real estate that went into effect August 1, 2017. Come prepared to learn and with questions about the changes.

This course does not include continuing education credit.

Cost: $13 for Members/$23 for Non-Members.

Penn Avenue Housing Initiatives to Assist Home Buyers and Current Owners

Two new housing programs from Hennepin County as part of Penn Avenue Community Works are now available to both encourage people to buy homes in the Penn Avenue corridor and help current homeowners fix-up their properties.

The Front Yard Fix Up Program is an effort to help beautify, deter crime, and signal investment in the Penn Ave corridor. It will provide homeowners a no-interest forgivable loan up to $5,000 for improvements that can be seen from the street (exterior lighting, concrete, porch, landscaping, etc.). It is available to low- and moderate-income owner-occupied households on Penn Ave between I-394 and 44th Ave. N. and along Osseo Rd. from 44th Ave. N. to 49th Ave. N. Residents with total household incomes up to $102,960 are eligible to apply for this program. Deadline is September 1.

There is also a Homebuyer Assistance Program that is offering financial assistance of up to $3,000 to help with down payments and closing costs. This funding is available for buyers who purchase a single family home, duplex, townhouse, or condominium unit in the Penn Avenue corridor, which extends from I-394 to 49th Avenue North and includes Penn, Oliver and Queen Avenues. The program aims to make homeownership more affordable. Homebuyers with total household incomes up to $102,960 are eligible to apply. Visit and search “Penn Ave Community Works” for more information on both programs.



Seasonal Adjustments

Given the fact that the school year is about a month away (yikes) and we’ve already had our first preview of fall weather, it feels like a good time to talk about seasonality. First of all, whatever you do, don’t use the term “seasonably adjusted.” Second of all, don’t make matters worse by talking about the “seasonably adjusted medium sales price.” That’s not a thing. |

Minneapolis Area Association of REALTORS
5750 Lincoln Drive
Minneapolis, MN 55345