Broker Management Conference 2013

Keeping your brokerage safe.

Minnesota Association of RealtorsAs a Broker you play an integral role in the success of your agents. How do you know you’re performing to the best of your abilities? Are you reducing risks? Answering questions with confidence? If not, don’t worry we’ve got you covered! Learn how to be a better broker while getting 4.0 hours of essential CE credits! We’ve put together a half day program that will help you to reduce your risk and be armed with more information on running a risk-free office and reducing you liability. Join us at one of two locations for some networking and learning!

Earn 4.0 hours of continuing education credit.

Program for September 5th — Mystic Lake Casino, Prior Lake

12:30-1:00 Sign in and enjoy some lunch
1:00-2:00 Federal Legislative Update/Broker Involvement Program
2:00-4:00 Common Claims Trends and How it Affects your Brokerage
4:00-5:00 DOC Required: Broker Module: Broker Supervisory Obligations

Program for September 6th — Grand Casino, Hinckley

8:00-8:30 Sign in and enjoy some breakfast
8:30-9:30 Federal Legislative Update/Broker INvolvement Program
9:30-11:30 Common Claims Trends and How it Affects your Brokerage
11:30-12:30 DOC Required: Broker Module: Broker Supervisory ObligationsRead More »

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Tips to Help Children Move During the School Year

Help your children adjust to a mid-year move.

help your children adjust to a moveWhether you’re moving school districts within the same city or relocating across the nation, switching schools is a stressful experience for most children. Kids spend as many as 1,600 hours per year in school. This is where they have established friendships, connections, and a level of comfort. Make the move easy on your children by finding ways to help them adjust to their new school and home.Read More »

Become a Better REALTOR with these Client Relations Tips

Make the home selling and buying process a fun one for your clients.

tips to become a better realtorAs a REALTOR, your responsibility is to help your clients find the perfect house to turn into a home. What makes a good REALTOR a great one, is someone who goes beyond this responsibility and transforms the experience entirety into a fun and stress-free time. Financing, inspections, and appraisals can weigh heavy on a homeowner’s mind. Make the home selling and buying process an enjoyable one with these tips.Read More »

Security for your Open House

How to keep your belongings safe during an open house.

open house safety tipsDuring an open house, your property and possessions are on display for strangers to assess. Most viewers will be there to envision what their own lives could be like in this house you call home. The fact is, opening your home to the public can be a little scary. Keep your valuables safe during an open house by following these tips.Read More »

Real Estate Market Moves Focus to Traditional Sales

Realtors in Minnesota experiencing success as economy recovers.

real estate market Minnesota
Photo Credit: Star Tribune

According to the latest report from the Minnesota Association of REALTORS®, the number of closed sales in June stood at 8,125, a 4.5 percent increase from last year. This recent surge is the highest Minnesota has seen since 2010. Homebuyers are signing on the dotted line while more are looking to do the same. More and more Realtors are returning to the world of traditional sales as the economy recovers the Star Tribune reports. Read More »

Tax Benefits of Home Ownership

What owning a home can mean for your taxes.

tax benefits of home ownershipTaxes. It’s usually a dreaded word that fills everyone with trepidation around April 15. But did you know home ownership is actually one thing you can do to lighten this burden? Tax benefits of home ownership are almost too good to be true. The Internal Revenue Service will look down on you favorably! REALTOR.com shares the best tax benefits.

Your tax breaks come full circle in the lifecycle of home ownership, and it all begins at the purchase.
The IRS says you can deduct interest in the year that it is paid, and that is usually part of each monthly loan payment. In addition, if the day you purchase is on any day other than the first of the month, you will likely pay a charge for “daily interest” between the day of closing and the end of the month. Look on line 901 of your HUD settlement statement.

The IRS also says that, in most cases, loan discount points and origination fees are tax deductible to the buyer, regardless of who pays them. Look at lines 801 and 802 of your settlement statement and see if you hit the jackpot. This is a particularly unusual deduction because you get the benefit even if the seller paid your closing costs. And because origination fees of 1 percent and more are common, this can amount to a lot of cash.

Housing Market Shows No Sign of Slowing Down

Highest amount of closed sales in Minnesota since 2010.

Sold signs have become a popular yard accessory this summer. According to the latest report from the Minnesota Association of REALTORS®, the number of closed sales in June are at 8,125. This is up 351 from the same time last year, a 4.5 percent increase. This recent surge is the highest Minnesota has seen since 2010.

Homebuyers are signing on the dotted line while more are looking to do the same. The number of pending sales has seen an 8.3 percent increase.

Minnesota closed sales by region.

“Thankfully sellers won’t have to wait very long to sell their home,” said Jim Cormier, President of the Minnesota Association of REALTORS®. “In the Twin Cities, we’re seeing homes sell quickly – often with multiple offers.”Read More »