January/February 2007 Issue
Page 6

STATE NEWS

LICENSE RENEWAL NOTICE

On December 20, 2006, a notice was sent to all licensee’s from the Indiana Professional Licensing Staff reminding Brokers to renew their license.  Brokers who have not renewed their license as of December 31, 2006 will pay more in renewal fees and the fees increase as the time increases until ultimately the time for "renewal" runs out. When the time limit expires, Brokers will not have a license to operate and would be required to retake the exam etc so don't let that happen to you.  If you want to verify your license has been renewed go to www.in.gov/pla

As of December 20, 2006, 13,311 Brokers out of 15,410 (86.37%) had renewed their license. Anyone who has not renewed their license has an expired license and cannot be practicing real estate. If someone would like to renew their license they can do so online at https://extranet.in.gov/mylicense/Login.aspx or by visiting our office. It is strongly recommended not to use a paper renewal at this point, because of the length of time that is involved for the post office to mail it to the licensee and then for it to be returned to their office.

NATIONAL NEWS

President Signs 2006 Tax Bill with Real Estate Provisions

President Bush signed a wide-ranging tax bill, P.L. 109-432 (H.R. 6111), that renews and extends through 2007 the NAR-backed brownfields deduction and the 15-year life for leasehold improvements. A new, limited deduction for private mortgage insurance (PMI) premiums was also created. To view a summary of the PMI deduction, go to:  http://www.realtor.org/letterlw.nsf/pages/didknow?OpenDocument&Login

For more info, contact: Linda Goold, 202/383-1083.

FTC Enforcing Prohibition on Recorded Sales Calls

In 2007, the Federal Trade Commission begins enforcement of its rules against prerecorded sales calls. The rules apply except in cases in which the calls meet a narrow exception. The FTC's rules prohibit prerecorded calls even if the caller has an "established business relationship" with the recipient, putting its rules in conflict with the Federal Communication Commission's rules. To read more about the rules and FTC's enforcement in the latest "Did You Know" memo from NAR Legal Affairs,  For more information go to:

http://www.realtor.org/letterlw.nsf/pages/didknow?OpenDocument&Login

SUPRA NEWS

ShowingValue Enhancements!

After receiving your feedback on how we can make ShowingValue even more useful, we are very excited to share with you many new features.

First of all, we have simplified the ShowingValue Dashboard to make it even easier to use.  We believe that this feature alone will make ShowingValue simpler to navigate.  The general overview page has been eliminated and the associated links are now located on the main ShowingValue Dashboard page.

Additional enhancements include:

• The link for ShowingValue is now a subheading under Activity Reports in the left navigation bar.
• The “Configure Showing Activity” link has been moved under “Actions” on the Dashboard.
• The “Training and Tutorial” link goes to the correct training page.
• If a user is from a DisplayKEY only or eKEY Basic Board, a message will be displayed to indicate listing addresses are not available.
• If the user has no keyboxes assigned, an error message will be displayed.
• The Treo 650 market area configuration tool was corrected to the proper size.

Other features include:

• The copyright symbol may now be used in the personalized signature.
• The user may select to “ignore all” feedback rather than delete feedback one by one.
• The Showing Activity Report now contains the email address and the key serial number of the showing agent.
• Users can now make up to 1,000 keybox assignments!

Check out all of these new enhancements – just go to: www.supraekey.com and logon to KIMweb.  From there, enter your Key Number and PIN – that is all there is to it – and you will be at the ShowingValue Dashboard!

Exciting e-KEY INFORMATION!

* New device certifications
We are pleased to announce that the following two devices are now certified for use with the eKEY software:

• Treo 700w (Verizon)
• Treo 700wx (Sprint)

These go-anywhere Windows Mobile® devices combine a smarter phone with wireless email, a web browser, rich media capabilities, and familiar Microsoft® applications. Go to www.verizonwireless.com for more information about the Treo 700w, or www.sprint.com for information about the Treo 700wx.

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