Northeast Iowa Regional Board of Realtors

It was a great day for members to show appreciation to our awesome affiliates during the Vendor Fair! Many members won prizes too, including Dawn Vogel, Tad Ritter, Nancy Conklin, Pam Banser, Dwight Hettinger, Bobbi Maxon, Lanie Spence, Santana Lander, and Jennifer Bainbridge. Thanks to all who attended!

HOMEBUYERS: Here's What the National Association of REALTORS Settlement Means for You...
Buying a home is one of the largest financial transactions most people will ever undertake. Agents who are REALTORS® are a trusted source of advice and stand ready to help you navigate your homebuying journey and make the choices that work best for you. NAR’s recent settlement has led to several changes that benefit homebuyers, and we wanted to clearly lay them out for you.

Here is what the settlement means for HOMEBUYERS...
-You will sign a written agreement with your agent before touring a home.

-BEFORE signing this agreement, you should ensure it reflects the terms you have negotiated with your agent and that you understand exactly what services and value will be provided, and for how much.

-The buyer agreement must include FOUR COMPONENTS concerning compensation, these are...

1) A specific and conspicuous disclosure of the amount or rate of compensation the real estate agent will receive or how this amount will be determined.

2)Compensation that is objective (e.g., $0, X flat fee, X percent, X hourly rate)—and not open-ended (e.g., cannot be “buyer broker compensation shall be whatever the amount the seller is offering to the buyer”).

3)A term that prohibits the agent from receiving compensation for brokerage services from any source that exceeds the amount or rate agreed to in the agreement with the buyer; and,

4) A conspicuous statement that broker fees and commissions are fully negotiable and not set by law.

- Written agreements apply to both in-person and live virtual home tours.
- You do not need a written agreement if you are just speaking to an agent at an open house or asking them about their services.
- The seller may agree to offer compensation to your agent. This practice is permitted but the offer cannot be shared on a Multiple Listing Service (MLS)— MLSs are local marketplaces used by both buyer brokers and listing brokers to share information about properties for sale.
- You can still accept concessions from the seller, such as offers to pay your closing costs.

These practice changes will go into effect August 17.

Here is what the settlement doesn’t change:

Agents who are REALTORS® are here to help you navigate the homebuying process and are ethically obligated to work in your best interest.

Compensation for your agent remains fully negotiable, and if your agent is a REALTOR®, they must abide by the REALTOR® Code of Ethics and have clear and transparent discussions with you about compensation. When finding an agent to work with, ask questions about compensation and understand what services you are receiving.

You have choices. Work with your agent to understand the full range of these choices when buying a home, which will help you make the best possible decision for your needs.

More details about these changes and what they mean can be found at https://www.nar.realtor/the-facts

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June 4, 2024, Member's Golf Outing Video at Fox Ridge Golf Club in D**e, Iowa.
Thanks to Tim Bohr of Pic Your House Photography and Video!

CLICK ON THIS LINK: https://player.vimeo.com/video/954433579

PHOTOS PART 2: The 2024 NEIRBR Member's Annual Golf Outing was a blast yesterday! Thanks to all members who attended, our affiliate sponsors, volunteers, and the Fox Ridge Golf Club in D**e, Iowa. In addition, thanks to all who gave raffle gifts and bought tickets as a donation to the Boys & Girls Club of the Cedar Valley.

PHOTOS PART 1: The 2024 NEIRBR Member's Annual Golf Outing was a blast yesterday! Thanks to all members who attended, our affiliate sponsors, volunteers, and the Fox Ridge Golf Club in D**e, Iowa. In addition, thanks to all who gave raffle gifts and bought tickets as a donation to the Boys & Girls Club of the Cedar Valley.

Make sure you stop between holes 9 & 10 at the driving range. Tee up your RPAC investment, 3 balls for $5. Winner gets a free vehicle detail courtesy of Dan Deery Toyota!

Enjoy last year's Golf Outing video (click below)...so much fun! Today, May 22, is the "Early Bird" deadline for the MEMBERS ONLY Golf Outing on June 4. "Last Call" to register for golf and dinner will be Friday, May 31 by noon. Contact the [email protected] for questions or to fill out forms.

Northeast Iowa Golf Tournament from an Account on Vimeo

NEIRBR MEMBER'S ONLY Golf Outing — Tuesday, June 4th
REGISTER NOW...Early Bird Special by May 22!
Fox Ridge Golf Club in D**e
Sign In 8:45; Breakfast 9 ; Shot Gun Start 10, Dinner 5-5:30
Foursome Team includes all members, or three members and one affiliate per team (one golfer of the group is designated as Team Captain)
Team Captain pays (golf & dinner) AND registers for entire team.
If you want to golf but are not part of a team, or you have questions, please contact us at 319-234-1731 or email [email protected]

Last week was busy with Continuing Education Classes at the NEIRBR Event Center. Wednesday, May 1 we had our Members Monthly Meeting with lunch sponsored by GreenState Credit Union (thank you!); followed by a CE led by Missy Griffin, Vice President/Mortgage Sales Support. She presented Mortgage 101, A High Level Overview. Then on Thursday, May 2, the CE was a Law Update, presented by Attorney Jennifer Jaschen. There are more CEs next week, so members be sure to get signed up soon!

By 11:30 am, tomorrow May 2nd! Bring items in or contact Brie Weekley to pick them up at your office! The Friends of the Family thank you in helping families with house supplies!

Thank you for all of your donations this far! There is still time to get your donations in at Northeast Iowa Regional Board of Realtors.

I will be picking all the items up tomorrow at 11:30am to take to Friends of the Family.

NEIRBR thanks the cities of Waterloo, Cedar Falls, Independence, Jesup, and Waukon for recognizing April as Fair Housing Month by signing and participating in the Fair Housing Proclamation.
The video shows Mayor Quinton Hart of Waterloo reading the full Proclamation. Thank you mayor for being our partner in fair housing!

Fair Housing Month 2024 Earlier this week, Mayor Hart declared the month of April as Fair Housing Month. It is the 56th Anniversary of the Fair Housing Act, Title VIII that enunciat...

On April 10th, representatives from the Iowa Association of REALTORS® presented a 2-hr CE titled "Addressing the Changing Real Estate Landscape in Iowa." Over 200 NEIRBR members were present at the Majestic Moon in Waterloo. They listened and asked questions about the current state of real estate.

Considering the blustery day, it was a good turnout for NEIRBR's first YPN event held at the Brass Tap's Upstairs Billards Area in Downtown Cedar Falls. Thanks to Veridian for sponsoring the event!

On Tuesday, March 26th a Past President's Breakfast was held in the NEIRBR Event Center. The distinguished group was recognized for their contribution to the Association. And, a fun fact, as an entire group they have been licensed REALTORS® for a grand total of 516 years!

FRONT ROW: Kathy Cole, Danielle Morris, Ryan Backes, Mersiha Mustedanagic, Kristi Tibben, Tom Herzmann; BACK ROWS: Dean Stewart, Gale Shinkle, Fred Miehe, Chris Fischels, Mary Shileny, Gerald Sorensen, Sam Runyan, Pat Schwickerath, Karen Kayser, Kevin Colbet, Lori Stewart, Kathy Albert, Scott Seeley.

Iowa Association of REALTORS Capital Conference tomorrow. Please share your pictures with your legislators with us!

Board of directors and committee chairs met for a day of training at the board office and celebrated the kickoff to the year with some pizza from Urban PIE and Hurling Hatchet Cedar Falls fun!

Wonderful! Giving back to the community.

A huge thank you to the Board of Realtors and their donation to the Club! Your generosity means everything to us and to the community we serve. 💙

Bus option may be available locally. Contact the Board office by the 12th

Elevate your influence! Join us at the 2024 Capitol Conference on January 31 to speak directly to Iowa legislators, spotlight the crucial role REALTORS® play, and champion the rights of property owners. Seize this opportunity to shape the future of your profession – register now!​​​​​​​​​
https://www.iowarealtors.com/news/events/capitol-conference

Way to go everyone! Thank you for your participation! We look forward to great events in 2024

Congratulations to the Northeast Iowa Regional Board of REALTORS for hitting your RPAC fundraising goals!

Toys for Tots Drive going on right now through December 8th. Bring your new toy to the event this Thursday, or to the board office before December 8th. Let's fill the boxes!!!

Thank you to the Mayoral candidates for a great forum! Danny Laudick, Walter Burtis, Mayor Quentin Hart, and Wayne Nathem.

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Last day to register for this Private Board Event for Members only. Wednesday, November 1st, Mayoral Candidate Forum at the Elks Club in Waterloo.
Sign up on Navica, no later than October 24th at 4pm.
Lunch choices for attendees are Bacon Cheeseburger or French Dip with French Fries on the side or Turkey Croissant with a Cup of Chicken Noodle Soup.
This event is no charge – Registration is REQUIRED so Elks Club
has proper time to order ahead for the luncheon.
AGENDA
11:45 – 12:00pm Meet and Greet with Candidates
12:00 – 12:25pm Luncheon
12:30 – 1:30pm Mayoral Forum Begins
** Danny Laudick, Walter Burtis, and Mayor Quentin Hart have all confirmed their attendance and look forward to speaking to NEIRBR members. Waiting on availability response for Wayne Nathem.
Please register on Navica today to reserve your spot.

Private Board Event for Members only. Wednesday, November 1st, Mayoral Candidate Forum at the Elks Club in Waterloo.

Sign up on Navica, no later than October 24th at 5pm.
Lunch choices for attendees are Bacon Cheeseburger or French Dip with French Fries on the side or Turkey Croissant with a Cup of Chicken Noodle Soup.
This event is no charge – Registration is REQUIRED so Elks Club
has proper time to order ahead for the luncheon.
AGENDA
11:45 – 12:00pm Meet and Greet with Candidates
12:00 – 12:25pm Luncheon
12:30 – 1:30pm Mayoral Forum Begins
** Danny Laudick, Walter Burtis, and Mayor Quentin Hart have all confirmed their attendance and look forward to speaking to NEIRBR members. Waiting on availability response for Wayne Nathem.

Please register on Navica today to reserve your spot.