P R O U D

P A R T N E R S

Thank You to our January Sponsors

Bryan and Bryan Inspections AMCAP Premier Mortgage

New Agents:

Julie Maser

Sarah Yi

New to our office:

Lisa and Chris Zalesky

I N D U S T R Y F O C U S

Updates and Changes:

CE Deferral Fee Payment Effective January 1, 2015, the fee is due at the time of agents renewal if receipt of course completion

documents for all required continuing education has not been received by TREC and in the system.

Even if you pay in advance weeks or months before if education hours not received you will pay the

fine which is a non-refundable fee even if completed before the deadline but TREC did not receive.

Don’t wait until the last minute any longer to meet your 15 hr. MCE requirement to renew your license.

Effective on January 1, 2015 all MCE must be completed and recorded with TREC and renewal fees

paid before the two-year license renewal date arrives. If not, there will be a $200.00 fee and the agent

will have 60 days to complete MCE before the license goes into Inactive status.

Change in Centralized Showing Fee for GG Agents Effective January 1, 2015 CSS will charge Gary Greene agent a one-time set-up fee

/enrollment fee of $10 which is down from $50 and monthly will charge $22 down from $24.

ZipForm Renewals Starting Thursday, Jan. 15, you will be prompted to renew your zipForm subscription.

You receive zipForm Plus, zipVault, and Digital Ink as part of your Texas Association of REALTORS®

dues. If you use only these products, it does not cost you anything to complete the renewal process.

If you currently use zipForm Standard (the desktop version), zipForm Mobile Edition, or another

product not included in your TAR member benefit, you will be asked to pay for these products at the

discounted rate given to Texas REALTORS®. It's your choice whether or not to renew these paid

products.

Updates and Changes:

CFPB – Consumer Financial Protection Bureau Effective Date August 1, 2015

What is it? It is a new government agency that now regulates

how mortgages are handled in the United States.

What has happened so far? *Dodd-Frank Wall Street Reform and Consumer Act

is signed into law in July 2010

*The CFPB is now in charge of making sure the

consumer understands the mortgage process.

*The law also required the CFPB to combine

the Truth and Lending and the RESPA Disclosures

Since the Law what have they done? *In February 2011 they started created new forms and had them reviewed by

consumers and continued to improve upon them.

*The goal of the forms is to improve consumer comprehension of the loan process

*Final rule on the forms was approved in November 2013

*Rule is effective for mortgage applications received starting August 1, 2015

New Terms to Know! * CFPB- Consumer Financial Protection Bureau

*”Lender” is now “Creditor”

*”Borrower” is now “Consumer”

*TIL AND GFE are now the “Loan Estimate”

*HUD-1 is now the “Closing Disclosure”

*”Closing/Settlement” is now “Consummation”

How Does This Affect The Realtor? *Timeline to Close (or Consummation)

*Starting July you will want to extend your Closing Dates on Contracts

*45 Day Close – Average?

*90 Day Close – Is what the CFPB uses as an Example

*Closing Disclosure must be 3 days before Consummation

*If in review any change in fees it could trigger a need to re-disclose

which is a new 3 day before Consummation can happen

*New forms to learn and know

*New “Loan Estimate” (Truth in Lending/Good Faith Estimate)

*New “Closing Disclosure” (HUD-1 Settlement Statement)

*Choice of Title and Lender partners is now more important

*Disruption of Service

*Who is going to prepare the documents?

*Some lenders will prepare instead of Title Company

*Any documents like POA, Trusts, Estate

may delay due to new required lender guidelines

TALK ING TECH

TALKING TECH

Fill out Form to tell me what you want to learn

Video Training on New Tools Monthly

Roll Out of “How To” Training Video Topics

Video Links to be emailed and ready to view January 15th From Zipform Plus to DocuSign for a Buyer

From Zipform Plus to DocuSign for a Seller

Video Links to be emailed and ready to view January 20th Zipform Mobile

Zipform Mobile to DocuSign

Zipform Mobile TouchSign

Video Links to be emailed and ready to view January 25th Zipform Templates

Marketing

Matters

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WEBSITES- NEED FACELIFTS ASAP HAR Website, Gary Greene Website

BHG Website Profile (Greenhouse Profile) www.bhgre.com

Relocation Website Profile

GG Premium Profiles on Zillow and Trulia

Realtor Domain now available Realtor.com Website

LISTING VIDEOS and LISTING WEBSITES IN PROGRESS Posting Videos to MLS Listing and Shoots Out to YouTube

Listing Posted to Gary Green Friendswood YouTube Channel

HAR Website For Every Listing www.har.com/MLSnumber

Custom Extensive Website For Each Listing

SOCIAL MEDIA WEBSITES Twitter, Linkedin, and Facebook Profiles

Listings Automatically posted to Social Media by HAR

In and Around Town

Upcoming Designation Courses Discounted by Gary Greene

Certified Negotiation Expert Designation (CNE),

Master Certified Negotiation Expert Designation (CNE2)

Master Certified Negotiation Expert Designation (CNE3)

$119 (GG Agents) VS $249 (HAR)

Graduate, Realtor Institute Designation (GRI),

(9HR EACH 4-Day Class), (30HR SAE)

(GRI 1), (GRI 2), (GRI 3)

$199 (GG Agents) VS $295 (HAR)

MCE Provided FREE for Gary Greene

Broker Responsibility Course (6HR)

Legal (3HR) and Ethics (3HR) MCE Courses

REGISTER IN BACKAGENT – 24 Hour Cancellation Policy

Will Email a PDF of all courses and dates

Pocket Listings

Buyer Needs

M a r k e t R e p o r t s

2014 Recap and Achievements:

GG-Written Volume $2,910,368,831 BILLION

GG-Units 10,459

GG-Closed Volume $2,464,358,032 BILLION

GG-Closed Units 8,839

2014 Friendswood Recap and Achievements:

TBD- Will send out once I receive reports

September 2014 Top Producer Awards Listing Volume Leader – Martha Cotton $699,900

Listing Units Leader – The Martin Team – 4

Sales Leader – The Martin Team, Charlotte Broesche

October 2014 Top Producer Awards Listing Volume Leader – Robin Geiler $1,077,900

Listing Units Leader – The Martin Team – 9

Sales Leader – The Martin Team, Andy Erskine

November 2014 Top Producer Awards Listing Volume Leader – Donna McGahee $1,270,000

Listing Units Leader – The Martin Team – 3

Sales Leader – The Martin Team, Charlotte Broesche

December 2014 Top Producer Awards Listing Volume Leader – Julie Maser $497,700

Listing Units Leader – Julie Maser – 3

Sales Leader – The Martin Team, Charlotte Broesche

Special Achievement- Charlotte Broesche

Relocation Bump Up, Highest Rating of all Relocation, and Cartus Referrals

BHGRE GARY GREENE, Friendswood Office, TOP 5

SEPTEMBER 2014

1. The Martin Team

2. Robin Geiler

3. Charlotte Broesche

4. Angela Reason

5. Donna McGahee

OCTOBER 2014

1. The Martin Team

2. Angela Reagan

3. Robin Geiler

4. Andy Erskine

5. Lori Hoskens

NOVEMBER 2014

1. The Martin Team

2. Robin Geiler

3. Charlotte Broesche

4. Andy Erskine

5. Angela Reagan

DECEMBER 2014

1. The Martin Team

2. Robin Geiler

3. Charlotte Broesche

4. Donna McGahee

5. Martha Cotton