Upcoming Events/Classes

Brokers are required to complete 12 hours of Continuing Education by June 30, 2016

For information on available classes, contact RECP.org 


The RACI Social Activities Committee has planned a
Kokomo Jackrabbits Party
Saturday, July 16th

Sponsored by:
Community First Bank
Financial Builders
First Bank of Berne
Keystone Home Inspections
Local Lenders of Howard County
Metropolitan Title


 

Party Suite tickets include ticket to game, all you can eat ballpark buffet, unlimited soda & water and 3 beers.

 Thanks to RACI and our generous sponsors, RACI suite tickets on July 16th are only $20!!!!
(Suite tickets are normally $40/person)

Reserve Your Spot Today

Email: Renee@RACI.org or call 765-457-0089

News

IAR 2016 Forms Changes
IAR is committed to helping you keep your professional edge over non-REALTORS®. Each year, our attorneys and forms committee volunteers spend months reviewing federal rules and regulations, and new state laws and administrative rules to make sure your transactional forms are current. As a result of this latest review and member feedback, we will add two new forms to your residential library in 2016:  1) Addendum to Purchase Agreement Escalation Clause and 2) Signature Page Addendum. We will also make changes to the residential Purchase Agreement(s), Listing Contract(s), and the Mutual Release From Listing Contract.  2016 Residential Forms Changes

IRMLS DEFINITION MOBILE, MANUFACTURED AND MODULAR HOMES amended 7/21/15

These terms are frequently misunderstood. The following definitions are intended to help users understand the differences in the terms. Mobile/Manufactured Homes do not qualify for inclusion in the MLS because they are taxed as personal property by the State of Indiana. The MLS is for the sale/lease of real property only. The Mobile/Manufactured home can be included in the MLS if the land the mobile/Manufactured sits on is for sale.  read more...

SentriLock Now Integrated with IRMLS
You may now access SentriLock information within IRMLS.  Please access the SentriLock Integration document for more information on the functions and features available through the integration.

CFPB Issues Mortgage Toolkit
As part of their obligations under the Real Estate Settlement Procedures Act (RESPA) and the Dodd-Frank Wall Street Reform and Consumer Protection Act the Consumer Financial Protection Bureau issued an updated "Special Information Booklet" which is now known as the "Your Home Loan Toolkit."  The toolkit attempts to modernize and simplify the information presented to consumers and is designed to work better with the new forms and processes under RESPA/TILA harmonization that go into effect on August 1, 2015.
Your Home Loan Toolkit
Loan Estimate Example
Closing Disclosure Example
CFPB PowerPoint

Balance Needed between Regulation and Opportunity in Housing Market, Say Economists, Policy Experts
The nation’s leading housing economists spoke today at an economic and policy forum to appraise the state of the U.S. housing market.  Read more...

Fannie Mae Announces Assistance Program
On April 14, 2015, Fannie Mae announced a new program that offers 3% in closing costs assistance for first time homebuyers that purchase Fannie Mae REO properties.  To qualify, borrowers must complete Fannie Mae's online homebuyer education program, must be owner occupants, and have not owned a home in the past three years.

Agents must request the funds in the purchase contract, and once the purchase is complete, Fannie will also reimburse the $75 charged to take the course. Agents can find more information and contract language on Fannie Mae's HomePath website.
HomePath Website

IRMLS Launches Dashboard for Managing Brokers
IRMLS has launched a dashboard to allow brokers to control syndication of the firms listings. Read more...

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Market Statistics

IAR has released the

April Market Reports and Statistics

 Statewide Housing



County-by-County Tables





Member Benefits

Designed with you in mind, the REALTOR Benefits® Program is your official member benefits resource, bringing you discounts and unique offers on products and services just for REALTORS®.

SentriSmart App
Manage your lockboxes with your mobile device.
  • Open lockboxes with your smartphone or tablet 
  • No need to update keycard every 3 days for showings
  • Automatic listing Assignments if the box hasn't been assigned to a property
  • Instant showing notifications 

 

New Member Benefit

Everything you want to know about a property is here in one place, along with some easy to generate, attractive and comprehensive reports for buyers and sellers.

The RPR training webinar has been recorded and may be accessed here.

National Association of REALTORS®
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1620 East Hoffer Street
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Kokomo, Indiana 46902
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Phone: (765) 457-0089
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Fax: (765) 457-0096
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REALTORS® Association of Central Indiana ©2016