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Obama's Mortgage Kick Off
Obama Administration Kicks Off Mortgage Modification Conversion Drive
Homebuyer Tax Credit EXTENDED and EXPANDED Into 2010
Changes to the Code of Ethics and Standards of Practice of the National Association of Realtors®

Effective January 1, 2010 there are several changes to the Code of Ethics as outlined in the attachment.  These changes and additions have been underlined for you.  The new 2010 Code of Ethics will be available on the PAAR website as of January 1, 2010.  You may access the Code of Ethics under ‘Member Services’, ‘Membership Resources’.  Please take a moment to review the changes and additions.

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The PAAR Annual Report 2009
What the heck does PAAR do anyway?? What are those committee and task force meetings all about? What do my dues dollars support?? All very good questions and to help answer them the PAAR staff has compiled an annual report highlighting the significant accomplishments, beyond the daily duties, of the association for the past year including administrative, professional development, community service, technology and much more.  As this was being compiled the staff found the compilation of the year interesting and hope you will also find it very informational. This report will be provided annually documenting the ongoing growth of your professional organization. We hope you will take a few minutes to review it.
PAAR Annual Report 2009
Quarterly Association Fees Notice

PAAR will be e-mailing out 2nd Quarter Association Fee Notices on Wednesday February 3, 2010. The payment due date is February 26, 2010. Payments MUST be into PAAR by 4:30 pm on Friday, March 5, 2010 to avoid a $50.00 Late Penalty. After the March 5th deadline you will not be able to pay your Association Fees online.

One of PAAR's member services, we can bill your credit card on the payment due date, if you complete the Authorization Application Form and submit it to PAAR, we will take care of the rest. Another options is to prepay in advance and we will apply the funds to your account when the invoice is generated.

Click Here for 2010 Fee Schedule. 

How To Pay Dues Online
Salesperson to Broker Transition
The PAAR and the IAR are committed to making this transition as painless as possible.

Please take a moment to read about how this affects you ...

If you have a salesperson's license you have until April 30, 2012 to either pass a proficiency exam given by PAAR OR take 30 hours of education and pass an exam.  NO new salesperson's licenses will be issued by the State after April 30, 2011.

If you currently have your broker's license but do not choose to act as a managing broker, there are no transitional requirements.

If you are the broker on record as managing broker with IDFPR on April 30, 2011, you will have until April 30, 2012 to either pass a proficiency exam given by PAAR OR take 45 hours of education and pass an exam.

Don't panic you have plenty of time!  Be assured PAAR will provide you with a variety of dates and times to fit your schedule and we will offer classes at the most affordable prices possible.  Although the law has passed, the proficiency exams nor the training materials have not been written yet, so none of these classes will even be offered until after May, 2011.

If you have any questions, please don't hesitate to contact Connie at ccarmody@paarealtors.com.
Award Nomination
The Recognition/Awards Task Force will be meeting very soon to consider nominations for the following awards: REALTOR® of the Year, Affiliate of the Year, Rookie of the Year, Industry Achievement and Distinguished Member of Community Service. If you have a fellow member you wish to nominate for any of the above categories, please complete an award nomination form as soon as possible and submit to PAAR.

An interactive nomination form is included with this article and it is also available on the PAAR website under the Membership tab. These awards will be presented at the Awards Banquet to be held on February 25, 2010 at the Embassy Suites in East Peoria.  Interested in seeing a list of past recipients click here?
PAAR Public Awareness Campaign
Please print FLYER and place around your offices!

The PAAR Public Awareness task force agreed to allocate spending 90% of the campaign funds in the first quarter of 2010 promoting the extended and expanded tax credit. We have intentionally used a portion of the NAR TV ad for 20 sec. and 30 sec. spots (this not only saved on production costs but also expanded the brand---the public is seeing the same commercial twice as many times in our area)
How To View Year End Statements Online
As a member service, PAAR will be mailing 2009 Year End Statements to everyone starting the week of January 18, 2010. They will be mailed in batches. All statements should be out by the end of January 2010. The statement will be mailed to your home address and will include everything that was paid to PAAR for the year. This will include all MLS Fees, Dues, Continuing Education Courses, Events and Retail Store Items.  This will be a huge benefit when tax times rolls around.
PAAR & IAR Forms Updates

PAAR forms that have been updated are available via the PAAR website, Paragon, Transaction Management and hard copy.

IAR forms that have been updated, are available for purchase through PAAR; visit the PAAR website or Paragon for a copy of the Order Form. For these forms you can log on to IAR Website to Download. Click on Free Forms and Brochures.

Upcoming Events

Upcoming Education Series  - 2/16/2010
Upcoming CE - 2/18/2010
Annual Celebration of Achievement - 2/25/2010
CNE Designation / March 3 & 4 / PAAR Office - 3/3/2010
Get Your Questions Answered About Salesperson to Broker Transition - 3/11/2010