July 23, 2018
Minneapolis Area REALTORS® office will be closed on Tuesday, July 24
5 spots left! The Diversity committee is hosting the annual dresser build volunteer event at Bridging, Inc. on Wednesday, July 25 from 1:00 p.m. - 4:00 p.m.  
This is an interactive team building project. No skills required. Bring your whole office to join in on the fun! 
REALTORS® supporting housing or all!

If you have yet to complete your Code of Ethics requirement for the 2017/18 cycle, sign up now to attend the largest Code of Ethics event of the year held at Eisenhower Community Center in Hopkins. 
Pathways to Professionalism - Code of Ethics 2017/18
This course has been approved by the Minnesota Commissioner of Commerce for 2.5 hours of Real Estate Continuing Education
Failure to complete the required periodic (every 2 years) ethics training shall be considered a violation of a membership duty; for which, REALTOR® membership shall be suspended until such time as the required training has been completed. A $100 reactivation fee will be applied.

Bloomington Center for the Arts
1800 Old Shakopee Rd
Bloomington, MN 55431
Registration is NOW OPEN! New this year is the Housing and Economic Symposium held at the Bloomington Center for the Arts on Friday, September 14. Come for a half-day to hear from Lawrence Yun, Chief Economist at NAR and Ron Wirtz from Federal Reserve Bank. Our friends from The Mapping Prejudice Project will also be there to share valuable information. CE will be available. You won't want to miss out. This event is coming fast! 
The courses associated with this event have been approved by the Minnesota Commissioner of Commerce for 1 hour and 1.5 hours of real estate continuing education

Hennepin County Seeks Real Estate Brokerage and Salesperson Services via RFP

The County of Hennepin, State of Minnesota (“County”) is soliciting proposals for Real Estate Brokerage and Salesperson Services to assist the Resident and Real Estate Services Department with the successful sale of tax-forfeited real estate, including, but not limited to, tax-forfeited homes rehabilitated through the Small Business Enterprise Home Rehabilitation Pilot Program. 


Dress in your best cocktail attire for an unforgettable evening celebrating the foundation’s efforts toward ending homelessness in the Twin Cities for the last 30 years. Individual tickets and purchase of tables are available. 
  • Cocktails & silent auction
  • Live auction
  • Dinner & celebratory program featuring special friends of the Foundation Legacy Award presented to Donnie Brown  
  • End the night dancing to a silent disco!
Nicollet Island Pavilion
40 Power Street, Minneapolis, MN 55401
MEMBERS: We are looking for silent auction items with a value of at least $100, and we ask you to submit two names of contacts that we can reach out to for silent auction items. Please email the names with a subject line of "Foundation Gala Silent Auction" to james@stagetimeproductions.com.

The National Flood Insurance Program (NFIP) will expire on July 31, denying necessary insurance coverage to homeowners and buyers in more than 20,000 communities nationwide. Congress must act now to reform and extend the NFIP.
Urge Congress to extend the NFIP and pass meaningful reforms to ensure long-term viability of the program
Weekly Market Activity Report
"National indicators do not necessarily predict the local economy, but the national trends can be a reliable gauge for what is happening with local residential real estate. Case in point, the U.S. Bureau of Labor Statistics recently reported that unemployment is relatively unchanged since last month. Meanwhile, a national statistics release about housing starts indicates that housing starts are lower nationwide, even as consumer spending on home goods purchases and renovations are up." VIEW REPORT
The Skinny - June 2018
Sellers: Flat. Buyers: Down. Prices: Up. 
Seller activity was relatively flat in June while buyers pulled back somewhat. For the first time since 2010, new listings surpassed 9,000 in May of this year. That’s encouraging, even though June seller activity was down slightly compared to last year. Increasing or steady seller activity combined with a cool down in demand is consistent with a loosening marketplace. | READ MORE

Govt. Affairs Committee Submits Public Comments on Draft Mpls. 2040 Plan
Minneapolis Area REALTORS® is pleased to share our official public comment letter regarding the Draft Minneapolis 2040 Comprehensive Plan. “I am particularly proud of our committee’s foresight and our organization’s due diligence with respect to our process in arriving at our prepared response,” said Eric Myers, Director of Government Affairs, Minneapolis Areas Association of REALTORS®. “A big thank you to our Chair, Subcommittee Chair, those who attended the city’s presentation and all the members who have been so attentive to this issue throughout this process. Thank you,” said Shae Hanson, 2018 Government Affairs Chair, Minneapolis Area Association of REALTORS®. | READ MORE

Effective August 1, 2018, MN REALTORS Forms Revisions
There are two new forms - Wire Fraud Disclosure and Amendment to Listing Contract, along with numerous modifications to Residential and Commercial Forms.
For information on the specific changes to the forms, please sign in with your user name and password to view the July 2018 issue of the Minnesota REALTORS RESource: https://my.mnrealtor.com/viewdocument/fy-2018-resource.

Building a Successful Team
Presenter: Rob Mehta
Sponsor: Keith Hoagland, Comfort Home Inspections
There is no CE available for Tuesday Mornings at MAAR events. This is a free benefit open to all members. 

July: Restaurant Recommendations Contest

Here’s how it works: Recommend your favorite restaurant in Boston by emailing ConvInfo@REALTORS.org (with a short description on why it’s your favorite) between July 1-31, 2018, and you will be entered to win a $100 Legal Sea Foods gift card to use during your conference trip. | MORE

Join the YPN on August 21 from 11:00 a.m. to 4:00 p.m. 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 happy hour.
RSVP early for this event as space is limited.

Congratulations to 2019 Director Candidates!
Here’s the lineup for the Board of Directors August election.
  •  Aarica Coleman
  • Paul Ekstrom
  • Max Loff
  • Sara Pipal
  • David Pope
  • Matt Wandzel
Additional nominations can be added to the Board of Directors election ballot if at least 20 REALTOR® members sign a petition and return it to the association office by August 1.

VHT Photography

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