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News & Information : In Contract Magazine : February 2004 : Announcements

Announcements


New National Land Listing Service

The REALTORS® Land Institute has launched a new land property listing service online. Only RLI members may post listings, but the site is viewable by investors, real estate practitioners, and others interested in buying and selling land and land-related properties. Members may subscribe to either the Information Exchange or MLS version of the site. Properties will be uploaded to participating exchanges and, in the case of MLS participants, to REALTOR.com. RLILand.net is intended to become the new online standard for marketing land throughout North America. Access at http://RLILand.net. For more info, CONTACT: Donn Raabe, draabe@realtors.org, 800/441-5263.


C/I Election Results

Congratulations to the following Commercial/Investment Section members recently elected to the C/I Steering Committee:
Mike Simpson, NAI Ohio Equities, REALTORS®
Fil Line, National Realty

They join the following curent
C/I Steering Committee members:
Scott Hrabcak (Chair), Group One Realty
David Hartsook, Hartsook Real Estate Corp.
Chuck Johnson, Carey Falor Realty Partners
John Royer, Kohr Royer Griffith


Savings on Valentine Flowers

NAR members can save 20 percent on one or two dozen long-stem roses through REALTOR® VIP partner KaBloom.
Choose any color rose and get a free vase with orders scheduled for delivery Feb. 1-18. One dozen: $31.80; two dozen: $53.32. To order, Go To:http://www.kabloom.com/nar and type in savings code: VALNAR or call 800-KaBloom and mention NAR. Offer expires Feb. 16.


Bush Plan Removes FHA Downpayment Requirements

A White House proposal made in January would remove downpayment requirements for Federal Housing Administration loans, potentially putting 150,000 more families annually into homes. Federal Housing Commissioner John Weicher called the proposal, announced on Monday at a home-builders show in Las Vegas, the “most significant FHA initiative in more than a decade.” It would extend the zero money down option, available in the private market only to consumers with stellar credit, to borrowers who have less than perfect credit, but who earn enough income to make monthly payments.


New Technology Hotline

Effective Jan. 2, 2004, the Ohio Association of REALTORS® implemented a new technology hotline number.  This service provides members with live, immediate help for computer related problems. The new number is: 1-866-478-TECH (8324)



 

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