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JUNE 2016GMARonline.com
Official Publication of the Greater Metropolitan Association of REALTORS®
REALTOR® Community Awards Scholarships to Local Students
MORE INFORMATION ON PAGE 10
ADVERTISERS
Table of ContentsJUNE 2016
VOLUME 13, NUMBER 6 the official publication of the
Greater MetropolitanAssociation of REALTORS®
20 Oak Hollow St., Ste. 100Southfield, MI 48033
248-478-1700 | 248-478-3150 (fax)www.GMARonline.com
OFFICERS
Debbie Zalewski, President
Karen Greenwood, President-Elect
James Iodice, Treasurer
Frank Tarala, Immediate Past President
Duane Marsh, CEO
DIRECTORS
Gerry Miller, District 1 Director
Al Block, District 2 Director
Milton Duerod, District 4 Director
John O’Brien, District 5 Director
John McArdle, District 6 Director
Monique Carter, District 7 Director
Bart Patterson, District 8 Director
James Cristbrook, At Large Director
Michael Shebak, At Large Director
Brenda Lee Szlachta, At Large Director
Johnna Struck, Affiliate Director
STAFF
Elaine Gatlin, Membership
Porsha Hall, Membership
Tim Likes, Communication
Vickey Livernois, Operations & Education
Pauline Olszewski, Pro Standards & Toolshop
Marnie Gray, Accounting
Sharon Cobleigh, Reception
Traci Dean, Reception
TO ADVERTISE INTHE METROPOLITAN REALTOR®
call or email Foley Publications, Inc.,800-628-6983
Attorneys Title Agency ..................................................................................... 3
Talmer Bank and Trust ...................................................................................... 3
US Bank ............................................................................................................ 5
Ross Mortgage ................................................................................................. 5
Towne Mortgage .............................................................................................. 7
Seaver Title Agency .......................................................................................... 7
HouseMaster Home Inspections ....................................................................... 9
Men on the Move ............................................................................................. 9
Devon Title ........................................................................................................ 9
4 President’s Report
6 CEO’s letter
8 Thank You RPAC Investors
10 REALTOR® Scholarship Fund
11 Zip Code Report for Macomb County
12-13 Zip Code Report for Oakland County
14-15 Zip Code Report for Wayne County
16 Zip Code Report for Saint Clair County
17 Zip Code Report for Livingston County
18 WCR Report
19 Welcome New Members
20 Legislative Update
20 With Our Deepest Sympathy
20 GMAR ToolShop June 2016 Sale
21 GMAR Upcoming Events
22 REALTORS® Revitalize Park in Royal Oak
24 From An Affiliate
25-35 Continuing Education Flyers
Tim SmithSenior Mortgage Lender
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Our products and services include:• Commercial title insurance• Residential title insurance• Escrow services• Owner mortgage policies• Closings and escrows• Re-issue rates on prior policies• Deeds• Land contracts31440 Northwestern Highway I Suite 150Farmington Hills, Michigan 48334Phone: (248) 594-3839 I Fax: (248) 205-4108Visit our website for a list of all of our locations.
www.atatitle.com
P R E S I D E N T ’ S R E P O R T
By DEBBIE Z -2016 GMAR President
On the Road Again!
I want to share the amazing experiences I had while in Washington, DC at the REALTOR® Party Conference.
First off, if you have never attended a national conference, you must put it on your bucket list! This was my first year attending as a NAR Delegate, representing you, my GMAR members!
On Thursday, May 12, I was lucky enough to attend a White House Press Briefing. The group was shuttled to the White House where we went through tight security to enter. We were led to the room you see on television where we sat in theatre style seats until we were moved. Then the group was led through what seemed to be passageways going outside and back inside several times. Finally, we reached a board room of sorts with a large front table and surrounding tables, plus a gallery. I was fortunate to have been with my friend, Furhad Waquad, who sat us in great
seats. Our panel consisted of Rob Diamond, White House Office of Public Engagement;
Adrienne Harris, White House National Economic Council; Zaid Hassan, White House Office
of Public Engagement; and David Nemtzow,
U.S. Department of Energy. Each panel
member gave great information we could really use. My favorite take away is the work
that is being done on student loan debt. They are looking at a payment plan structured on the graduate’s earnings, not a straight scale. Each panelist gave a short presentation and then opened the floor for questions. It was an amazing experience to be talking with leaders who were shaping policy and listening to our concerns.
Thursday also included two trips to Capitol Hill. I was able to meet with Gary Peters and Debbie Stabenow. Both gave us great insight on the work they are doing and allowed us to share the issues important to us. They each listened and understood our concerns. They both work hard on REALTOR® issues, representing their constituents!
I have been part of many executive board meetings and the NAR board meeting was over the top! Talk about Roberts Rules! The voting process was very high tech…we were given “blackberry like” devices and when a voting item came up, we pressed either “1” or “2” and the results were almost instant. The voting for President-Elect was super exciting. Both candidates, JoAnne Poole of Maryland, and John Smaby from Minnesota were given a chance to speak, and then we voted. The votes were counted quickly and accurately; much different than voting on paper ballots (which I’ve counted for the WCR many times). If you weren’t aware, John Smaby will be NAR President Elect for 2017, serving under Bill Brown from California.
These are exciting times. Be sure to make time to get involved. Attend our Michigan REALTORS® Convention, October 5-7 at Mt. Pleasant. You will hear amazing speakers, meet potential referral partners from around the State, and network with the best in the business! Want more information? Give me a call, 248-613-7253. I’d love to share!
In today’s marketplace you need a lender you know you can count on.
Wi th IMPROVING MARKETSand NEW, LOWER RATES, be sure
you ta lk to A PROFESSIONAL.
Given today’s financial landscape, it’s more important than ever to trust your business to a professional. One of the many good reasons to talk to Linda December. Closing loans for over 25 years, she has the knowledge and experience to provide the right mortgage solution that will work for everyone. In addition she has Ross Mortgage Corporation supporting her; successfully opening doors since 1949.
Linda December248-547-4700 x539248.770.7778 [email protected]
Give Linda a call to open your next door.
Remember December All Year Round!
Ross Mortgage Corporation is one of the leading Mortgage Lenders in Michigan offering purchase, refinance andconstruction mortgage loans. Equal Housing Lender
www.lindadecember.rossmortgage.us
TECHNOLOGYANALYTICSINNOVATION
Download the app. Exclusively for REALTORS® • Active: 10/1/2014
C E O ’ S L E T T E R
6 | Metropolitan REALTOR®
By DUANE MARSHChief Executive Officer
College Debt and the Home Buyer
At this year’s NAR Legislative Meetings & Trade Expo (midyear), student loan debt and its impact on housing was a major theme. During our congressional visits we discussed this situation and asked for our legislators support for legislation that will alleviate some of these problems.
American Student Assistance, in a report entitled Life Delayed: The Impact of Student Debt on the Daily Lives of Young Americans, examination was made about the life style impact debt has on college graduates.
• 27 percent of recent graduates had difficulty buying the basic necessities
• 63 percent said debt load impacted their decision to make larger purchases
• 75 percent said that loan payments made it difficult to purchase a home.
According to the Federal Reserve Bank of New York, “30 percent of student loan borrowers are delinquent on their loans and have likely taken a credit hit that would make a mortgage approval more difficult.” The report authors added, “But even when a borrower is diligently paying their loans, a large amount of outstanding debt will affect a borrower’s debt – to- income ratio, and the DTI is something that mortgage companies look at closely when determining eligibility for a home mortgage.”
All REALTORS® are certainly aware of the impact college debt has on home buying and in the next several months will be asked to support legislation that will positively affect this condition. Legislation should include some of the following:
• Control escalating tuition and fees
• Expand grant aid through public and private entities
• Lower student loan interest rates
• Expand payment options
• Prepare students to become more informed borrowers
Today, almost 40 million borrowers owe over $1 trillion in borrowed student loans. Two-thirds of students attending a four-year institution graduate with an average debt of over $27,000.
The report summarizes its’ findings this way:
“As the federal student loan system was established for the collective good of the nation as well as to assist individual borrowers, so too the nation at large has a collective responsibility to get the program back on track and ensure that borrowers can not only survive the student loan pay back process, but thrive as consumers in the process. If student loan borrowers continue to sit on the sidelines and delay diving into economic commitments, the perilous position of the U.S. economy will continue to plod cautiously along rather than prosper with the help of a new generation of well-educated consumers.”
Our products and services include:• Commercial title insurance• Residential title insurance• Escrow services• Owner mortgage policies• Closings and escrows• Re-issue rates on prior policies• Deeds• Land contracts42651 Woodward Ave.Bloomfield Hills, MI 48304Phone: 248-338-7135 I Fax: 248-338-3045Visit our website for a list of all of our locations.
www.seavertitle.com
ATA SeaverTitle Agency
QUALIFY LISTINGS WITH A 203K LOAN & OUR PRIVATE FUNDINGSince 1982, Towne Mortgage Company has been helping REALTORS® attract more buyers and sell more homes. With our 203k program, buyers can finance renovation costs and expand their purchasing options. Additionally we offer private financing for those loans that don’t fit into traditional guidelines but make sense. Our motto is simple, we make every loan that should be made!
PHIL SCHERPHORNMortgage Loan OriginatorNMLS #391796Cell: 248.228.5636Direct: 248.247.1863
DAN CALCATERRA, CMB, AMPMortgage Loan OriginatorNMLS #62554Cell: 586.703.2100Direct: 248.247.1803
2170 E. Big Beaver, Suite A | Troy, MI 48083www.townemortgage.com
NMLS #3028
ATTRACT MORE BUYERS
R PA C I N V E S T O R S
Thank You RPAC Investors GMAR RPAC Investors
GMAR would like to extend a sincere thank you to all of the members who have made their investment in RPAC, the REALTORS® Political Action Committee. By investing in RPAC, these members are supporting REALTOR®-friendly legislators and policy initiatives that reflect the REALTOR® core values; protecting private property rights, reducing burdensome regulations on the industry and preserving the American Dream of Homeownership.
Below we recognize and applaud GMAR members who invested in RPAC for the month of April, 2016.
8 | Metropolitan REALTOR®
Ed AllenCharles AndersonMarlene ArnholdPhillip AusmanChristopher AyersJanel BarberKathleen BarkerAnita BarrattMartha Barrett LondeckPatricia BartosDaniel BeazleyCarol Belfiori-RorickTerri BloomJoyce BommaritoSharon BonnerJason BorregardAyana BrazileThomas BrisboisAlthea BrownGraziella BrunerThomas BuchananJacqueline BurdetteJames BynumSarah CarterLila CasenaveSyed ChowdhuryJoel ClarkDebby ClinesmithJames CourtneyTodd Craft
Rebecca CunninghamChristopher DaggyJulie DartBernadine DavisEmily DayDebra DeAngeloJohn DesJardinsKelly DixThomas DooleyTodd DouglasMargaret DresserCourtney DrewDebra DrongowskiNancy DuncansonRobert DundonMichael DunnJon EarlJon EckerlyAlonzo EdwardsCathy EliasNatalia EmelianovTonya EmeryAndrea EsseJennifer EvansAnthony FacioneJeffery FantoMichael FazioCathie FerdonKimberly FinneranMary Fitzpatrick
Nancy FochtCloteal FowlerMaureen FrancisSherry FrazierEllen FrinkJerry GardnerSigrid GarrickNicole GattoJeanne GilleranDianne GouinJohn GrantJoshua GriggsSheila Grimes-BhirdoGary GrossmanRichard HaggertyAdam HammonsMichael HannahKaren HarlinChristina HarmanCynthia HarrisElizabeth HarrisMcCoy HicksEric HokeAnthony HolguinJennifer HooverCatherine HypesConnie IsbellKaren IwankowskiAudra JancicKathleen Jardine
Ronald JasgurElizabeth JohnsonGordon JohnsonSherri JohnsonMeriem KadiBrandon KekichKatrina KellySusan KimballPam KingGerald KirklandBill KokenosJudith KomerGail KoshLonnie KuprasConstance LaBarge-ThomasSharon LaFranceAnita LanctotSheilah LemanskiJames LittlepageJudith LovrinceMichael LumettaMaureen MakledDeborah MaloneHeather MapesYvonne MarksDiane MartinCecile MasseyDavid MathieuRuth Matthews-SchumacherDavid Maurice
Marilyn MayberryDanielle McCartneyRoger McDaidMary MichalekHazim MikaAlan MillardPatricia MillerGwendolyn MitchellKristine MondayDavid MorganJoe MorrisonMary MotowskiCindy MurphyJean NapolitanoAlissa NeadTimothy NeatonMichael NewtonMarc NoceraJoshua NorberClara NorrisEdward O’BrienMichael O’ConnellDorothy O’MalleyDianne OsgoodHorace ParkerCharles PickeringThomas PierceChristopher PlummerAaron PringleRichard Randazzo
J.Christophe RandolphSahir RashidMaria ReyesHeidi RhomeBridget RobidouxCynthia RoseKeith RuloffFrederick RyckmanKaren RyckmanAdrienne SainAndre SalamyMohammad SaleemGerald SalernoJulia SavageCarol SchraubenLinda ScopeLinda SeasonsRutha SharpeKristin ShurmurSaif SiddiquiDominic SilvestriCathey SimmonsAlva SmithKellie SmithGarland SolomonLinda SpinduraJennifer StillwagonSara Storch-LipnitzChester SurantMichael Swanberg
Brenda SzlachtaRonnie TarganskiStephanie TaylorCheryl ThomasAmos ThompsonMarcus TwymanChris VanBelleCrystal VanDamPaulina VulajCatherine WaunDonald WaxerMark WayneVicki WhittErin WilliamsErnestine WilliamsSheila WilliamsWanda WilliamsChristopher WiseGary WojcikCarol WoodardMichael WorkmanGrace WygalNhia YangJerry YatoomaDebbie Zalewski
*Contributions are not deductible for Federal income tax purposes. RPAC contributions are voluntary and used for political purposes. You may refuse to contribute without reprisal or otherwise impacting your membership rights. For individuals investing $1,000.00 or greater, up to 30% of this total investment may be forwarded to the National Association of REALTORS® RPAC. All amounts forwarded to the National Association of REALTORS® RPAC are charged against the applicable contribution limits under 2 U.S.C. 441a
Thank You Offices Who Have 40% or Greater Participation Rate!We also recognize these offices that have a 40% or greater participation rate amongst their REALTORS®.
Congratulations and keep up the great support of the profession!
America First Real Estate LLC American City Homes R.E. Group August Appraisals Beka Management Black Creek Appraisal Group Brokers Network USA Bruner Realty LLC Cambridge Real Estate Advisors Changing Places Moving Chester L. Surant Agency Chief Cornerstone LLC Christopher J Daggy Clearbrook Appraisal Clyburn Appraisal Services Coldwell Banker Preferred - CO
Dumas Realty Eagle Real Estate, Inc Evergreen Realty LLC Fourmidable Group Inc. Gary Grossman, Broker Gordon Grossman, Broker Griffin Properties & Managment Hannah Realty & Prop Mge Heartland Realty IMIR Appraisal Company Keith Doty, Appraiser L & S Appraisal Inc. M & M Property Investments LLC Max Broock Midwest Realty Exchange Inc.
MSource Training & Consulting Neaton Realty Co., LLC Parks Title People’s Real Estate, LLC Principal Brokers Network Real Estate Today, LLC Real Living Kee Realty Realty Soluations of Michigan Realty Tecs Reliable Realty Remerica Bright Realty Remerica Hometown Remerica Hometown One Richard M. Haggerty, Broker Roger Dale McDaid
Royal Realty Royce Kennedy Realty Schneiderman & Sherman PC Showcase Homes, LLC Stanton Realty, Inc. Summit Funding Inc. Trea Corp. UR-New Home LLC Your Home Town Rlty. & Inv Downriver Property Experts Valkyrie Group LLC Amazing! Real Estate Solutions Buyers First Realty LLC Cecile’s Realty & Associates Century 21 AAA North
Chappell Real Estate & Invest. City Life Realty, P.C. Griffon Realty Hawkins Realty Group Inc. Home Choice Inc. Logan Realty Real Estate King Real Living Great Lakes RE Sharpe Properties Co., Inc The House Stop, LLC Trademark R. E. Group, Inc.
Metropolitan REALTOR® | 9
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10 | Metropolitan REALTOR®
R E A LT O R ® S C H O L A R S H I P F U N D
REALTOR® Community Awards Scholarships to Local Students
Southfield, MI: The Greater Metropolitan Association of REALTORS® (GMAR), the premier board of REALTORS® in Southeast Michigan, assisted the REALTOR® Scholarship Fund in awarding 39 Scholarships to local high school graduates. Nearly 100 students and guests attended the awards ceremony held on Tuesday, May 10, where students received certificates and warm handshakes from the REALTOR® Scholarship Fund Trustees as their supporters applauded.
Founded in 1973, the REALTOR® Scholarship Fund provides scholarships to Michigan students based on scholastic record, character, community service, work record, and financial need. Awards are made from the annual contributions of the REALTOR® community. Since 1983, the volunteer-based Board of Trustees has interviewed and awarded over 1,000 scholarships to students entering college.
For further information and to make a donation to the
fund, contact one of the Fund’s co-chairs, Jan Britton, 248-548-9100, [email protected], or Kathie Whitehouse, 248-646-6200, [email protected].
About GMAR: The Greater Metropolitan Association of REALTORS® (GMAR) is the premier Association of REALTORS® in Southeast Michigan, providing services and support to the real estate profession and the communities they serve. With over 6,500 members, GMAR is the largest local REALTOR® association in the state. GMAR provides many benefits to its members, such as access to the Realcomp MLS, over 220 quality continuing education and designation courses per year, the largest REALTOR® specific store in the area, the ToolShop™, Metropolitan Minute weekly newsletter and Metropolitan REALTOR® monthly electronic magazine. GMAR’s mission is to be the leading resource for the real estate community in Southeast Michigan. Visit www.GMARonline.com to learn more.
Metropolitan REALTOR® | 11
Z I P C O D E R E P O R T / A P R I L 2 0 1 6
MACOMB COUNTYZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
48005¹
ARMADA, ARMADA TOWNSHIP, ARMADA
VILLAGE 8 8 0.00 18 2 15 2 10 0.00 $500,000 $487,000 $250,000 $243,500 $200,000 $139,500
48015 CENTER LINE 14 18 28.57 19 4 22 10 37 150.00 $225,600 $579,000 $61,300 $64,000 $54,300 $65,000
48021 EASTPOINTE 94 80 -14.89 104 42 174 55 180 30.95 $2,028,149 $3,058,607 $44,500 $50,000 $45,000 $52,25048026 FRASER 31 30 -3.23 43 12 49 20 57 66.67 $1,274,290 $2,877,700 $87,745 $136,750 $120,000 $130,500
48035CLINTON TOWNSHIP,
CLINTON TWP 46 63 36.96 74 35 111 40 146 14.29 $3,547,069 $4,948,663 $116,900 $118,450 $92,000 $105,250
48036CLINTON TOWNSHIP,
CLINTON TWP 35 47 34.29 69 20 78 25 75 25.00 $2,592,750 $3,467,300 $111,750 $122,000 $150,500 $133,000
48038CLINTON TOWNSHIP,
CLINTON TWP 89 82 -7.87 92 46 161 58 181 26.09 $7,339,895 $9,615,633 $157,950 $167,200 $149,900 $172,000
48041¹MEMPHIS, RILEY, RILEY
TOWNSHIP 1 1 0.00 4 1 2 1 2 0.00 $92,000 $195,000 $92,000 $195,000 $80,000 $116,500
48042MACOMB, MACOMB
TOWNSHIP 87 72 -17.24 125 44 131 42 156 -4.55 $10,740,724 $10,839,369 $242,500 $268,700 $254,000 $257,53548043 MOUNT CLEMENS 21 24 14.29 50 10 39 14 61 40.00 $1,057,000 $1,175,000 $87,500 $85,000 $86,000 $69,000
48044MACOMB, MACOMB
TOWNSHIP 116 85 -26.72 103 52 185 67 209 28.85 $13,050,460 $16,683,191 $251,213 $258,000 $246,500 $250,000
48045HARRISON, HARRISON
TOWNSHIP 63 61 -3.17 120 24 88 36 103 50.00 $4,311,990 $7,411,900 $154,500 $167,500 $128,490 $127,00048046 MOUNT CLEMENS 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48047
CHESTERFIELD, CHESTERFIELD TOWNSHIP,
NEW BALTIMORE 83 59 -28.92 118 46 141 48 160 4.35 $8,891,989 $9,503,795 $194,938 $188,500 $183,400 $193,000
48048LENOX, LENOX TOWNSHIP,
NEW HAVEN 14 7 -50.00 14 3 17 9 22 200.00 $258,700 $1,308,727 $67,200 $140,000 $127,000 $135,45048050 LENOX TOWNSHIP 1 1 0.00 4 1 3 0 6 -100.00 $190,000 $0 $190,000 $0 $233,000 $252,500
48051CHESTERFIELD,
CHESTERFIELD TOWNSHIP 46 35 -23.91 66 18 56 18 61 0.00 $2,922,535 $2,868,505 $147,000 $150,500 $161,950 $171,600
48062¹RICHMOND, RICHMOND
TOWNSHIP 11 11 0.00 20 9 26 8 28 -11.11 $1,495,900 $1,370,000 $143,600 $155,000 $170,000 $170,000
48065BRUCE, BRUCE TOWNSHIP,
ROMEO 32 28 -12.50 50 9 33 10 36 11.11 $2,067,900 $2,451,400 $269,000 $193,000 $268,000 $169,00048066 ROSEVILLE 93 90 -3.23 102 60 203 53 208 -11.67 $3,447,871 $4,001,488 $53,500 $74,888 $55,000 $65,500
48080 SAINT CLAIR SHORES 77 66 -14.29 78 35 111 25 127 -28.57 $3,238,550 $2,454,325 $95,000 $96,500 $94,900 $97,50048081 SAINT CLAIR SHORES 57 46 -19.30 37 31 100 24 94 -22.58 $3,744,510 $3,179,600 $110,000 $126,500 $106,750 $120,00048082 SAINT CLAIR SHORES 52 40 -23.08 44 23 73 37 102 60.87 $2,106,550 $4,390,950 $92,000 $122,000 $92,500 $119,450
48088 WARREN 53 33 -37.74 32 34 108 39 116 14.71 $4,268,400 $4,949,488 $120,000 $130,000 $117,000 $132,37548089 WARREN 92 88 -4.35 159 33 155 41 153 24.24 $1,825,683 $2,197,767 $47,500 $43,500 $33,000 $35,10048090 WARREN 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48091 WARREN 58 58 0.00 93 31 113 34 111 9.68 $2,147,900 $2,067,801 $61,000 $40,250 $54,000 $48,760
New Sold Sale Volume Median Sale PriceMacomb County ZIP Code Report for April
YTD Median Sale Price
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
New Sold Sale Volume Median Sale PriceMacomb County ZIP Code Report for April
YTD Median Sale Price
48092 WARREN 62 52 -16.13 47 22 102 21 102 -4.55 $2,724,818 $2,540,004 $122,500 $115,600 $126,000 $127,450
48093 WARREN 42 35 -16.67 50 31 118 31 122 0.00 $3,391,550 $3,201,650 $104,000 $107,000 $103,250 $109,500
48094WASHINGTON,
WASHINGTON TOWNSHIP 57 60 5.26 122 15 57 22 71 46.67 $4,383,400 $7,989,380 $244,000 $332,500 $250,000 $295,000
48095WASHINGTON,
WASHINGTON TOWNSHIP 13 6 -53.85 27 6 16 3 12 -50.00 $1,934,500 $634,500 $337,500 $222,500 $237,500 $232,50048096 RAY TOWNSHIP 6 8 33.33 9 1 5 2 13 100.00 $415,650 $554,500 $415,650 $277,250 $255,000 $189,50048236¹ GROSSE POINTE 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048306¹ WASHINGTON TOWNSHIP 0 3 300.00 3 1 2 1 2 0.00 $402,000 $170,000 $402,000 $170,000 $352,000 $285,50048310 STERLING HEIGHTS 70 60 -14.29 60 53 142 53 147 0.00 $8,585,979 $9,524,700 $163,000 $179,000 $164,500 $172,00048312 STERLING HEIGHTS 69 46 -33.33 45 39 115 45 147 15.38 $6,476,850 $7,593,500 $158,000 $169,500 $155,000 $159,90048313 STERLING HEIGHTS 53 59 11.32 69 38 113 32 126 -15.79 $6,063,700 $5,458,850 $151,000 $160,875 $154,000 $159,944
48314 STERLING HEIGHTS 29 39 34.48 58 17 51 21 70 23.53 $3,027,700 $4,706,637 $151,500 $202,000 $135,000 $200,500
48315SHELBY, SHELBY
TOWNSHIP 56 45 -19.64 84 24 75 35 99 45.83 $5,943,100 $8,720,548 $250,000 $245,000 $244,900 $265,000
48316SHELBY, SHELBY
TOWNSHIP 63 52 -17.46 87 31 85 31 104 0.00 $6,903,049 $7,724,750 $172,500 $235,000 $188,000 $219,500
48317SHELBY, SHELBY
TOWNSHIP, UTICA 35 26 -25.71 52 21 65 32 84 52.38 $3,719,340 $6,109,181 $155,000 $185,500 $145,000 $173,250Other Other 3 3 0.00 3 1 5 2 4 100.00 $240,000 $472,000 $240,000 $236,000 $200,000 $211,000Totals 1832 1627 2354 925 1047 $137,578,051 $167,482,409
This statistical information, although not guaranteed, is from data we believe reliable. This statistical information is not to be reproduced or redistributed either now or in the future without express written consent from Realcomp. ¹ Zip Code covers multiple counties.
Z I P C O D E R E P O R T / A P R I L 2 0 1 6
OAKLAND COUNTY
continued on page 13
12 | Metropolitan REALTOR®
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
48007 TROY 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48009 BIRMINGHAM 120 137 14.17 281 43 166 34 135 -20.93 $27,519,145 $18,422,800 $475,000 $427,250 $430,000 $450,000
48012 BIRMINGHAM 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048017 CLAWSON 36 33 -8.33 24 23 58 21 69 -8.70 $3,380,150 $3,425,884 $148,000 $154,900 $139,950 $152,000
48025FRANKLIN, BEVERLY HILLS,
BINGHAM FARMS 52 52 0.00 95 24 72 26 73 8.33 $7,819,400 $8,739,061 $315,000 $298,350 $307,000 $335,00048030 HAZEL PARK 36 29 -19.44 39 24 74 23 76 -4.17 $963,451 $1,151,200 $37,251 $42,900 $38,764 $45,45048033¹ SOUTHFIELD 23 28 21.74 41 10 50 16 50 60.00 $882,755 $1,936,375 $65,378 $103,500 $81,000 $91,00048034¹ SOUTHFIELD 11 14 27.27 24 9 26 5 28 -44.44 $1,585,300 $533,400 $165,000 $83,000 $162,500 $103,75048037 SOUTHFIELD 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048067 ROYAL OAK 130 107 -17.69 130 60 197 61 207 1.67 $13,155,766 $15,738,549 $200,000 $235,000 $197,000 $220,00048068 ROYAL OAK 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048069 PLEASANT RIDGE 12 11 -8.33 13 4 13 5 11 25.00 $1,282,500 $1,194,000 $280,250 $275,000 $265,000 $275,00048070 HUNTINGTON WOODS 20 25 25.00 17 8 31 6 22 -25.00 $3,286,000 $1,991,000 $372,500 $325,000 $305,000 $325,00048071 MADISON HEIGHTS 67 55 -17.91 56 38 111 42 133 10.53 $3,524,200 $4,414,600 $90,000 $104,950 $82,500 $105,00048072 BERKLEY 55 61 10.91 35 37 121 32 128 -13.51 $6,743,469 $6,109,151 $176,000 $180,000 $165,000 $184,40048073 ROYAL OAK 120 117 -2.50 108 69 228 78 247 13.04 $12,914,110 $17,955,340 $175,000 $209,000 $171,500 $197,40048075 SOUTHFIELD 46 36 -21.74 49 19 62 16 81 -15.79 $2,185,711 $1,773,246 $115,000 $111,500 $93,006 $121,500
48076SOUTHFIELD, LATHRUP
VILLAGE 54 36 -33.33 61 20 84 27 115 35.00 $2,644,280 $4,045,100 $130,500 $145,000 $130,000 $144,00048083 TROY 35 42 20.00 30 27 84 29 75 7.41 $5,704,400 $6,248,938 $202,300 $192,000 $193,500 $185,00048084 TROY 30 19 -36.67 44 9 32 7 42 -22.22 $2,242,199 $3,117,185 $220,000 $399,900 $222,500 $292,500
48085 TROY 43 38 -11.63 56 27 86 26 90 -3.70 $7,754,902 $7,824,475 $255,000 $251,775 $247,250 $262,75048086 SOUTHFIELD 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048098 TROY 49 48 -2.04 79 12 57 14 70 16.67 $4,603,980 $4,816,100 $336,500 $360,100 $312,000 $347,050
48099 TROY 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048165 NEW HUDSON 26 13 -50.00 27 13 32 11 36 -15.38 $3,467,200 $3,021,032 $291,120 $282,000 $236,000 $281,02948167¹ NORTHVILLE 30 36 20.00 47 17 53 15 50 -11.76 $6,032,738 $4,709,280 $255,000 $190,000 $260,500 $257,500
48168¹ NORTHVILLE 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48178¹ SOUTH LYON 73 68 -6.85 109 25 101 34 122 36.00 $5,567,780 $10,427,818 $184,900 $316,000 $209,000 $297,575
48220 FERNDALE 79 98 24.05 71 37 152 38 166 2.70 $5,418,300 $5,127,226 $139,900 $136,000 $125,000 $125,00048237 OAK PARK 39 44 12.82 54 31 106 37 126 19.35 $2,608,301 $3,344,345 $80,000 $89,900 $80,000 $85,745
48301BLOOMFIELD HILLS,
BLOOMFIELD TOWNSHIP 68 52 -23.53 91 19 67 16 53 -15.79 $9,080,451 $7,622,250 $401,951 $427,625 $420,000 $440,000
48302BLOOMFIELD HILLS,
BLOOMFIELD TOWNSHIP 72 62 -13.89 166 22 74 22 73 0.00 $8,710,850 $7,818,008 $391,250 $337,000 $354,500 $386,00048303 BLOOMFIELD HILLS 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
New Sold Sale Volume Median Sale PriceOakland County ZIP Code Report for April
YTD Median Sale Price
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
New Sold Sale Volume Median Sale PriceOakland County ZIP Code Report for April
YTD Median Sale Price
48304 BLOOMFIELD HILLS 83 79 -4.82 160 21 91 34 107 61.90 $10,823,900 $13,910,722 $340,000 $295,000 $307,500 $277,500
48306¹
ROCHESTER, ROCHESTER HILLS, OAKLAND
TOWNSHIP 78 97 24.36 155 46 113 43 142 -6.52 $19,506,700 $18,613,284 $390,500 $387,500 $370,000 $322,500
48307ROCHESTER, ROCHESTER
HILLS 77 88 14.29 140 45 141 39 144 -13.33 $11,494,750 $9,481,538 $227,500 $244,900 $199,900 $223,50048308 ROCHESTER 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48309 ROCHESTER HILLS 68 58 -14.71 93 34 101 34 118 0.00 $8,757,276 $8,485,024 $262,500 $270,000 $265,000 $261,000
48320KEEGO HARBOR, SYLVAN
LAKE 17 19 11.76 23 13 26 8 23 -38.46 $1,718,100 $1,722,400 $141,900 $205,300 $109,700 $135,00048321 AUBURN HILLS 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048322 WEST BLOOMFIELD 91 105 15.38 152 43 115 32 128 -25.58 $11,365,954 $8,789,700 $245,000 $236,000 $225,000 $227,250
48323WEST BLOOMFIELD,
ORCHARD LAKE 72 74 2.78 110 18 61 19 76 5.56 $6,489,075 $9,019,463 $271,445 $285,625 $250,000 $264,000
48324WEST BLOOMFIELD,
ORCHARD LAKE 65 46 -29.23 105 16 74 16 69 0.00 $4,488,500 $5,625,325 $272,750 $297,925 $232,400 $271,000
48325 WEST BLOOMFIELD 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048326 AUBURN HILLS 33 25 -24.24 67 13 52 25 79 92.31 $2,201,250 $4,343,316 $150,000 $144,900 $134,700 $139,00048327 WATERFORD 69 58 -15.94 67 31 95 33 111 6.45 $4,785,918 $5,312,400 $159,900 $155,000 $145,000 $152,90048328 WATERFORD 74 73 -1.35 95 28 97 35 137 25.00 $3,667,900 $4,960,550 $108,250 $142,500 $108,000 $125,00048329 WATERFORD 70 64 -8.57 80 32 115 41 117 28.13 $4,066,876 $8,074,255 $131,950 $152,500 $134,000 $146,000
48330WATERFORD, DRAYTON
PLAINS 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048331 FARMINGTON HILLS 59 54 -8.47 81 21 78 16 87 -23.81 $5,764,250 $4,873,700 $263,000 $267,450 $230,000 $260,00048332 FARMINGTON 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048333 FARMINGTON HILLS 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048334 FARMINGTON HILLS 56 42 -25.00 56 28 79 26 76 -7.14 $5,356,789 $6,056,000 $194,500 $226,750 $185,000 $203,500
48335FARMINGTON,
FARMINGTON HILLS 31 38 22.58 38 19 55 14 51 -26.32 $5,074,827 $2,921,600 $243,250 $218,800 $220,000 $240,000
48336FARMINGTON,
FARMINGTON HILLS 67 68 1.49 61 29 107 36 116 24.14 $4,612,665 $5,175,925 $144,900 $149,000 $138,000 $145,00048340 PONTIAC 19 17 -10.53 24 14 46 13 42 -7.14 $991,204 $883,252 $59,500 $36,141 $35,262 $43,25048341 PONTIAC 16 15 -6.25 37 7 44 9 46 28.57 $268,755 $630,550 $38,000 $66,000 $38,000 $60,50148342 PONTIAC 16 16 0.00 31 5 34 3 27 -40.00 $214,500 $71,339 $25,000 $21,500 $22,250 $24,00048343 PONTIAC 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48346CLARKSTON,
INDEPENDENCE TWP 58 69 18.97 96 24 80 27 83 12.50 $5,693,600 $5,876,651 $192,500 $193,000 $186,500 $195,00048347 CLARKSTON 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48348CLARKSTON,
INDEPENDENCE TWP 79 96 21.52 164 28 102 34 106 21.43 $8,824,066 $12,137,339 $284,750 $345,000 $297,500 $325,22548350 DAVISBURG 25 13 -48.00 34 6 17 11 33 83.33 $1,391,000 $2,655,600 $230,500 $215,000 $240,000 $205,00048353¹ HARTLAND 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048356 HIGHLAND 30 22 -26.67 22 9 30 10 33 11.11 $2,207,559 $1,510,500 $259,000 $152,500 $174,025 $169,90048357 HIGHLAND 23 18 -21.74 51 6 27 12 44 100.00 $1,224,900 $3,662,246 $184,950 $321,000 $218,000 $238,500
Metropolitan REALTOR® | 13
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
48007 TROY 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48009 BIRMINGHAM 120 137 14.17 281 43 166 34 135 -20.93 $27,519,145 $18,422,800 $475,000 $427,250 $430,000 $450,000
48012 BIRMINGHAM 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048017 CLAWSON 36 33 -8.33 24 23 58 21 69 -8.70 $3,380,150 $3,425,884 $148,000 $154,900 $139,950 $152,000
48025FRANKLIN, BEVERLY HILLS,
BINGHAM FARMS 52 52 0.00 95 24 72 26 73 8.33 $7,819,400 $8,739,061 $315,000 $298,350 $307,000 $335,00048030 HAZEL PARK 36 29 -19.44 39 24 74 23 76 -4.17 $963,451 $1,151,200 $37,251 $42,900 $38,764 $45,45048033¹ SOUTHFIELD 23 28 21.74 41 10 50 16 50 60.00 $882,755 $1,936,375 $65,378 $103,500 $81,000 $91,00048034¹ SOUTHFIELD 11 14 27.27 24 9 26 5 28 -44.44 $1,585,300 $533,400 $165,000 $83,000 $162,500 $103,75048037 SOUTHFIELD 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048067 ROYAL OAK 130 107 -17.69 130 60 197 61 207 1.67 $13,155,766 $15,738,549 $200,000 $235,000 $197,000 $220,00048068 ROYAL OAK 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048069 PLEASANT RIDGE 12 11 -8.33 13 4 13 5 11 25.00 $1,282,500 $1,194,000 $280,250 $275,000 $265,000 $275,00048070 HUNTINGTON WOODS 20 25 25.00 17 8 31 6 22 -25.00 $3,286,000 $1,991,000 $372,500 $325,000 $305,000 $325,00048071 MADISON HEIGHTS 67 55 -17.91 56 38 111 42 133 10.53 $3,524,200 $4,414,600 $90,000 $104,950 $82,500 $105,00048072 BERKLEY 55 61 10.91 35 37 121 32 128 -13.51 $6,743,469 $6,109,151 $176,000 $180,000 $165,000 $184,40048073 ROYAL OAK 120 117 -2.50 108 69 228 78 247 13.04 $12,914,110 $17,955,340 $175,000 $209,000 $171,500 $197,40048075 SOUTHFIELD 46 36 -21.74 49 19 62 16 81 -15.79 $2,185,711 $1,773,246 $115,000 $111,500 $93,006 $121,500
48076SOUTHFIELD, LATHRUP
VILLAGE 54 36 -33.33 61 20 84 27 115 35.00 $2,644,280 $4,045,100 $130,500 $145,000 $130,000 $144,00048083 TROY 35 42 20.00 30 27 84 29 75 7.41 $5,704,400 $6,248,938 $202,300 $192,000 $193,500 $185,00048084 TROY 30 19 -36.67 44 9 32 7 42 -22.22 $2,242,199 $3,117,185 $220,000 $399,900 $222,500 $292,500
48085 TROY 43 38 -11.63 56 27 86 26 90 -3.70 $7,754,902 $7,824,475 $255,000 $251,775 $247,250 $262,75048086 SOUTHFIELD 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048098 TROY 49 48 -2.04 79 12 57 14 70 16.67 $4,603,980 $4,816,100 $336,500 $360,100 $312,000 $347,050
48099 TROY 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048165 NEW HUDSON 26 13 -50.00 27 13 32 11 36 -15.38 $3,467,200 $3,021,032 $291,120 $282,000 $236,000 $281,02948167¹ NORTHVILLE 30 36 20.00 47 17 53 15 50 -11.76 $6,032,738 $4,709,280 $255,000 $190,000 $260,500 $257,500
48168¹ NORTHVILLE 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48178¹ SOUTH LYON 73 68 -6.85 109 25 101 34 122 36.00 $5,567,780 $10,427,818 $184,900 $316,000 $209,000 $297,575
48220 FERNDALE 79 98 24.05 71 37 152 38 166 2.70 $5,418,300 $5,127,226 $139,900 $136,000 $125,000 $125,00048237 OAK PARK 39 44 12.82 54 31 106 37 126 19.35 $2,608,301 $3,344,345 $80,000 $89,900 $80,000 $85,745
48301BLOOMFIELD HILLS,
BLOOMFIELD TOWNSHIP 68 52 -23.53 91 19 67 16 53 -15.79 $9,080,451 $7,622,250 $401,951 $427,625 $420,000 $440,000
48302BLOOMFIELD HILLS,
BLOOMFIELD TOWNSHIP 72 62 -13.89 166 22 74 22 73 0.00 $8,710,850 $7,818,008 $391,250 $337,000 $354,500 $386,00048303 BLOOMFIELD HILLS 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
New Sold Sale Volume Median Sale PriceOakland County ZIP Code Report for April
YTD Median Sale Price
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
New Sold Sale Volume Median Sale PriceOakland County ZIP Code Report for April
YTD Median Sale Price
48304 BLOOMFIELD HILLS 83 79 -4.82 160 21 91 34 107 61.90 $10,823,900 $13,910,722 $340,000 $295,000 $307,500 $277,500
48306¹
ROCHESTER, ROCHESTER HILLS, OAKLAND
TOWNSHIP 78 97 24.36 155 46 113 43 142 -6.52 $19,506,700 $18,613,284 $390,500 $387,500 $370,000 $322,500
48307ROCHESTER, ROCHESTER
HILLS 77 88 14.29 140 45 141 39 144 -13.33 $11,494,750 $9,481,538 $227,500 $244,900 $199,900 $223,50048308 ROCHESTER 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48309 ROCHESTER HILLS 68 58 -14.71 93 34 101 34 118 0.00 $8,757,276 $8,485,024 $262,500 $270,000 $265,000 $261,000
48320KEEGO HARBOR, SYLVAN
LAKE 17 19 11.76 23 13 26 8 23 -38.46 $1,718,100 $1,722,400 $141,900 $205,300 $109,700 $135,00048321 AUBURN HILLS 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048322 WEST BLOOMFIELD 91 105 15.38 152 43 115 32 128 -25.58 $11,365,954 $8,789,700 $245,000 $236,000 $225,000 $227,250
48323WEST BLOOMFIELD,
ORCHARD LAKE 72 74 2.78 110 18 61 19 76 5.56 $6,489,075 $9,019,463 $271,445 $285,625 $250,000 $264,000
48324WEST BLOOMFIELD,
ORCHARD LAKE 65 46 -29.23 105 16 74 16 69 0.00 $4,488,500 $5,625,325 $272,750 $297,925 $232,400 $271,000
48325 WEST BLOOMFIELD 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048326 AUBURN HILLS 33 25 -24.24 67 13 52 25 79 92.31 $2,201,250 $4,343,316 $150,000 $144,900 $134,700 $139,00048327 WATERFORD 69 58 -15.94 67 31 95 33 111 6.45 $4,785,918 $5,312,400 $159,900 $155,000 $145,000 $152,90048328 WATERFORD 74 73 -1.35 95 28 97 35 137 25.00 $3,667,900 $4,960,550 $108,250 $142,500 $108,000 $125,00048329 WATERFORD 70 64 -8.57 80 32 115 41 117 28.13 $4,066,876 $8,074,255 $131,950 $152,500 $134,000 $146,000
48330WATERFORD, DRAYTON
PLAINS 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048331 FARMINGTON HILLS 59 54 -8.47 81 21 78 16 87 -23.81 $5,764,250 $4,873,700 $263,000 $267,450 $230,000 $260,00048332 FARMINGTON 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048333 FARMINGTON HILLS 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048334 FARMINGTON HILLS 56 42 -25.00 56 28 79 26 76 -7.14 $5,356,789 $6,056,000 $194,500 $226,750 $185,000 $203,500
48335FARMINGTON,
FARMINGTON HILLS 31 38 22.58 38 19 55 14 51 -26.32 $5,074,827 $2,921,600 $243,250 $218,800 $220,000 $240,000
48336FARMINGTON,
FARMINGTON HILLS 67 68 1.49 61 29 107 36 116 24.14 $4,612,665 $5,175,925 $144,900 $149,000 $138,000 $145,00048340 PONTIAC 19 17 -10.53 24 14 46 13 42 -7.14 $991,204 $883,252 $59,500 $36,141 $35,262 $43,25048341 PONTIAC 16 15 -6.25 37 7 44 9 46 28.57 $268,755 $630,550 $38,000 $66,000 $38,000 $60,50148342 PONTIAC 16 16 0.00 31 5 34 3 27 -40.00 $214,500 $71,339 $25,000 $21,500 $22,250 $24,00048343 PONTIAC 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48346CLARKSTON,
INDEPENDENCE TWP 58 69 18.97 96 24 80 27 83 12.50 $5,693,600 $5,876,651 $192,500 $193,000 $186,500 $195,00048347 CLARKSTON 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48348CLARKSTON,
INDEPENDENCE TWP 79 96 21.52 164 28 102 34 106 21.43 $8,824,066 $12,137,339 $284,750 $345,000 $297,500 $325,22548350 DAVISBURG 25 13 -48.00 34 6 17 11 33 83.33 $1,391,000 $2,655,600 $230,500 $215,000 $240,000 $205,00048353¹ HARTLAND 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048356 HIGHLAND 30 22 -26.67 22 9 30 10 33 11.11 $2,207,559 $1,510,500 $259,000 $152,500 $174,025 $169,90048357 HIGHLAND 23 18 -21.74 51 6 27 12 44 100.00 $1,224,900 $3,662,246 $184,950 $321,000 $218,000 $238,500
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
New Sold Sale Volume Median Sale PriceOakland County ZIP Code Report for April
YTD Median Sale Price
48359LAKE ORION, ORION
TOWNSHIP 27 27 0.00 31 7 30 4 31 -42.86 $1,797,150 $1,347,474 $309,900 $361,686 $217,500 $260,300
48360LAKE ORION, ORION
TOWNSHIP 27 43 59.26 61 17 53 14 48 -17.65 $3,344,300 $3,355,426 $205,000 $257,616 $202,000 $238,75048361 LAKE ORION 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48362LAKE ORION, ORION
TOWNSHIP 41 45 9.76 68 18 57 17 58 -5.56 $4,026,930 $4,308,300 $195,000 $218,000 $219,000 $188,45048363 OAKLAND TOWNSHIP 24 36 50.00 68 5 23 11 34 120.00 $2,043,850 $5,816,087 $479,000 $580,000 $431,790 $390,471
48366 LAKEVILLE 0 0 0.00 1 0 2 0 0 0.00 $0 $0 $0 $0 $692,500 $048367 LEONARD 10 8 -20.00 33 2 15 3 14 50.00 $503,900 $464,000 $251,950 $122,000 $272,000 $240,00048370 OXFORD 16 7 -56.25 14 2 9 1 5 -50.00 $875,000 $580,000 $437,500 $580,000 $350,000 $322,00048371¹ OXFORD 65 58 -10.77 155 27 97 44 112 62.96 $6,207,665 $10,752,272 $234,600 $236,500 $229,000 $244,49948374 NOVI 56 60 7.14 77 16 62 20 66 25.00 $6,797,660 $8,020,855 $409,130 $344,000 $360,000 $399,25048375 NOVI 44 37 -15.91 39 14 63 28 96 100.00 $3,228,700 $6,194,650 $227,850 $192,000 $206,000 $206,375
48376 NOVI 0 0 0.00 0 0 0 0 0 0.00 0 0 0 0 0 048377 NOVI 48 31 -35.42 43 19 65 16 75 -15.79 5310400 4768710 234000 265000 224000 24142048380¹ MILFORD 12 15 25.00 35 7 20 8 19 14.29 2318000 3439947 245000 372500 283195 37250048381 MILFORD 32 60 87.50 80 11 42 18 54 63.64 2733062.6 4634930 222700 260000 212850 27100048382 COMMERCE TOWNSHIP 83 77 -7.23 139 25 77 25 95 0.00 6932749 7282320 291750 292000 272500 28000048383 WHITE LAKE TOWNSHIP 35 27 -22.86 42 7 32 14 46 100.00 1829300 3569720 235900 277500 223450 22125048386 WHITE LAKE TOWNSHIP 55 39 -29.09 57 21 64 31 82 47.62 4562354 6176863 200000 205000 194950 20300048387 UNION LAKE 0 0 0.00 0 0 0 0 0 0.00 0 0 0 0 0 0
48390WALLED LAKE, COMMERCE
TOWNSHIP 67 95 41.79 92 29 100 46 140 58.62 4577620 7377222 142000 147000 160000 16775048391 WALLED LAKE 0 0 0.00 0 0 0 0 0 0.00 0 0 0 0 0 048393 WIXOM 20 18 -10.00 28 17 52 15 44 -11.76 3113600 3423259 185000 236000 185000 22825048428¹ DRYDEN 0 0 0.00 0 0 0 0 0 0.00 0 0 0 0 0 048430¹ FENTON 2 1 -50.00 4 2 5 2 6 0.00 268000 954900 134000 477450 162000 17700048438¹ GOODRICH 0 0 0.00 0 0 1 0 0 0.00 0 0 0 0 55000 048439¹ GRAND BLANC 3 3 0.00 3 0 1 2 7 200.00 0 401500 0 200750 150000 16990048442¹ HOLLY 52 36 -30.77 53 25 79 18 70 -28.00 3868950 2846109 143500 168000 143700 15000048455¹ METAMORA 0 0 0.00 0 0 0 0 0 0.00 0 0 0 0 0 048462¹ ORTONVILLE 38 34 -10.53 62 13 47 16 57 23.08 2893825 3177400 230000 213500 212450 217000Other Other 4 5 25.00 6 1 3 0 1 -100.00 543500 0 543500 0 145000 52950Totals 3363 3277 4880 1448 1564 $347,844,168 $385,190,986
This statistical information, although not guaranteed, is from data we believe reliable. This statistical information is not to be reproduced or redistributed either now or in the future without express written consent from Realcomp. ¹ Zip Code covers multiple counties.
14 | Metropolitan REALTOR®
Z I P C O D E R E P O R T / A P R I L 2 0 1 6
WAYNE COUNTY
continued on page 15
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
48101 ALLEN PARK 58 58 0.00 63 29 116 34 141 17.24 $3,097,800 $3,246,358 $105,000 $93,750 $90,000 $100,000
48111BELLEVILLE, SUMPTER,
VAN BUREN 81 67 -17.28 126 30 115 46 148 53.33 $4,397,085 $7,309,988 $146,500 $167,450 $139,000 $158,500
48120 DEARBORN 7 5 -28.57 9 2 8 2 9 0.00 $449,000 $353,000 $224,500 $176,500 $141,500 $173,00048122 MELVINDALE 14 12 -14.29 18 7 34 13 38 85.71 $338,300 $588,928 $42,000 $45,000 $43,500 $46,00048124 DEARBORN 96 103 7.29 120 46 170 43 192 -6.52 $5,113,258 $6,204,400 $97,750 $110,000 $92,000 $111,00048125 DEARBORN HEIGHTS 49 53 8.16 95 24 92 34 103 41.67 $1,406,551 $2,158,035 $52,500 $61,650 $50,000 $58,30048126 DEARBORN 65 51 -21.54 98 25 95 21 124 -16.00 $3,465,152 $2,054,000 $111,000 $95,000 $95,000 $106,00048127 DEARBORN HEIGHTS 79 77 -2.53 110 40 159 38 130 -5.00 $5,450,301 $4,465,709 $114,950 $106,000 $115,000 $117,00048128 DEARBORN 31 26 -16.13 29 17 60 17 63 0.00 $2,421,300 $2,990,350 $125,000 $170,000 $120,000 $139,900
48134BROWNSTOWN, FLAT
ROCK, HURON 45 27 -40.00 57 12 47 17 70 41.67 $2,180,825 $3,419,323 $162,000 $200,000 $176,961 $207,03348135 GARDEN CITY 62 51 -17.74 60 42 128 33 128 -21.43 $3,417,499 $2,894,793 $75,000 $88,000 $75,000 $84,00048138 GROSSE ILE 40 31 -22.50 93 9 42 13 49 44.44 $2,573,900 $2,319,000 $258,000 $160,000 $211,000 $205,00048141 INKSTER 38 42 10.53 144 19 85 21 79 10.53 $454,425 $372,146 $20,000 $16,110 $18,000 $20,00148146 LINCOLN PARK 65 62 -4.62 64 47 148 44 154 -6.38 $2,292,663 $2,587,921 $48,500 $52,000 $45,000 $53,75048150 LIVONIA 80 79 -1.25 61 37 123 39 129 5.41 $5,041,641 $5,389,375 $129,000 $140,000 $128,000 $139,90048152 LIVONIA 83 65 -21.69 58 35 130 32 135 -8.57 $6,107,389 $5,661,452 $163,000 $145,500 $147,500 $154,00048154 LIVONIA 79 72 -8.86 43 47 159 51 157 8.51 $8,665,799 $9,752,062 $179,900 $188,000 $179,400 $185,50048164 HURON, NEW BOSTON 14 20 42.86 38 10 31 6 35 -40.00 $1,597,734 $1,467,900 $147,867 $209,000 $146,000 $145,50048166¹ NEWPORT 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48167¹NORTHVILLE, NORTHVILLE
TWP 28 37 32.14 47 16 39 21 48 31.25 $5,479,500 $6,081,100 $262,500 $237,500 $240,000 $270,000
48168¹ NORTHVILLE 66 65 -1.52 73 28 91 29 81 3.57 $13,650,300 $12,268,600 $421,500 $356,000 $410,000 $425,00048170¹ PLYMOUTH 106 86 -18.87 118 57 174 59 194 3.51 $16,390,866 $16,455,450 $280,000 $270,000 $244,354 $260,750
48173BROWNSTOWN,
GIBRALTAR, ROCKWOOD 22 20 -9.09 32 6 38 8 41 33.33 $1,154,217 $1,443,900 $218,500 $173,500 $145,750 $169,900
48174BROWNSTOWN, HURON,
ROMULUS 37 34 -8.11 46 20 77 32 98 60.00 $1,684,099 $3,425,110 $70,000 $84,450 $70,000 $91,00048180 TAYLOR 100 88 -12.00 143 40 185 63 239 57.50 $2,590,922 $4,742,873 $57,950 $68,000 $56,000 $68,000
48183BROWNSTOWN, TRENTON,
WOODHAVEN 78 73 -6.41 55 49 162 53 171 8.16 $6,802,740 $7,386,940 $130,000 $135,000 $128,500 $130,000
48184 WAYNE 34 23 -32.35 31 14 49 21 69 50.00 $1,074,849 $1,461,899 $58,600 $63,000 $64,000 $65,000
48185 WESTLAND 81 108 33.33 114 49 168 60 204 22.45 $5,295,647 $8,057,776 $117,000 $125,950 $110,000 $120,000
48186 WESTLAND 70 55 -21.43 61 46 149 44 165 -4.35 $4,034,100 $3,964,586 $89,250 $84,950 $82,900 $91,00048187 CANTON 103 97 -5.83 90 50 169 43 159 -14.00 $10,888,900 $10,674,880 $203,600 $225,000 $202,300 $220,00048188 CANTON 123 108 -12.20 132 62 210 69 227 11.29 $14,310,465 $17,694,855 $207,500 $250,000 $206,000 $220,000
48192BROWNSTOWN,
RIVERVIEW, WYANDOTTE 45 44 -2.22 59 23 101 30 121 30.43 $1,864,805 $2,767,549 $75,000 $89,950 $75,000 $75,000
New Sold Sale Volume Median Sale PriceWayne County ZIP Code Report for April
YTD Median Sale Price
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
New Sold Sale Volume Median Sale PriceWayne County ZIP Code Report for April
YTD Median Sale Price
48193BROWNSTOWN,
RIVERVIEW 17 22 29.41 28 14 61 13 44 -7.14 $1,693,400 $1,952,541 $105,000 $125,000 $103,000 $125,00048195 SOUTHGATE 40 43 7.50 48 28 104 26 106 -7.14 $2,656,349 $2,623,580 $87,527 $97,000 $81,000 $90,25048201 DETROIT 4 7 75.00 19 5 14 9 21 80.00 $1,118,250 $2,578,700 $221,250 $287,700 $250,600 $291,00048202 DETROIT 24 12 -50.00 33 11 29 9 29 -18.18 $2,243,700 $1,317,400 $165,000 $152,000 $118,000 $170,00048203 DETROIT, HIGHLAND PARK 37 17 -54.05 75 9 26 5 24 -44.44 $561,100 $663,650 $5,100 $4,050 $9,500 $17,950
48204 DETROIT 29 15 -48.28 68 11 24 7 28 -36.36 $72,826 $67,877 $4,100 $7,000 $3,888 $6,40048205 DETROIT 80 63 -21.25 148 8 65 15 58 87.50 $118,299 $186,816 $16,500 $7,500 $7,000 $7,37548206 DETROIT 25 19 -24.00 53 7 18 5 32 -28.57 $371,470 $188,911 $62,799 $9,900 $31,625 $39,85048207 DETROIT 19 15 -21.05 38 12 37 12 33 0.00 $1,755,550 $2,579,501 $162,500 $214,000 $110,000 $129,00048208 DETROIT 4 3 -25.00 6 1 7 0 2 -100.00 $250,000 $0 $250,000 $0 $65,500 $124,30048209 DETROIT 5 8 60.00 20 3 15 7 15 133.33 $124,200 $183,010 $25,000 $34,000 $14,900 $18,500
48210 DETROIT 5 11 120.00 22 4 18 5 19 25.00 $14,700 $78,050 $3,750 $17,000 $4,250 $10,50048211 DETROIT 0 0 0.00 1 0 2 0 4 0.00 $0 $0 $0 $0 $1,125 $8,10048212 DETROIT, HAMTRAMCK 24 18 -25.00 49 7 34 9 37 28.57 $136,530 $328,000 $25,901 $35,000 $17,050 $35,00048213 DETROIT 7 14 100.00 40 9 33 4 13 -55.56 $36,016 $35,505 $3,005 $9,500 $4,109 $7,00048214 DETROIT 18 23 27.78 54 10 37 9 33 -10.00 $1,593,202 $677,700 $43,250 $56,000 $45,000 $28,00048215 DETROIT 10 5 -50.00 14 3 12 2 12 -33.33 $944,000 $118,900 $405,000 $59,450 $66,500 $31,50048216 DETROIT 2 2 0.00 6 0 7 1 4 100.00 $0 $170,000 $0 $170,000 $125,000 $107,00048217 DETROIT 4 4 0.00 17 2 11 2 6 0.00 $17,050 $61,900 $8,525 $30,950 $8,000 $12,50048218 RIVER ROUGE 3 7 133.33 25 2 18 2 7 0.00 $41,200 $23,500 $20,600 $11,750 $13,250 $10,00048219 DETROIT 78 59 -24.36 211 27 99 29 102 7.41 $797,376 $769,331 $17,500 $17,000 $16,500 $17,05748221 DETROIT 45 74 64.44 169 27 90 33 125 22.22 $1,599,368 $2,245,203 $28,699 $30,000 $27,750 $35,00048223 DETROIT 50 28 -44.00 88 8 48 18 71 125.00 $292,838 $1,008,835 $33,550 $43,500 $30,000 $36,00048224 DETROIT 92 81 -11.96 262 25 96 35 127 40.00 $649,074 $586,184 $15,000 $10,005 $11,950 $9,50048225 DETROIT, HARPER WOODS 38 44 15.79 69 17 88 25 80 47.06 $814,500 $1,506,734 $40,000 $59,000 $36,415 $53,50048226 DETROIT 3 2 -33.33 7 5 12 6 14 20.00 $728,600 $1,403,500 $130,000 $236,250 $131,250 $196,50048227 DETROIT 70 52 -25.71 199 20 76 21 77 5.00 $441,666 $397,280 $17,017 $12,000 $11,750 $9,90048228 DETROIT 106 63 -40.57 218 12 77 17 94 41.67 $178,000 $258,045 $14,750 $13,113 $11,000 $15,00048229 ECORSE 7 9 28.57 30 4 18 6 19 50.00 $71,000 $95,900 $16,500 $11,500 $14,250 $15,200
48230GROSSE POINTE, GROSSE
POINTE PARK 37 34 -8.11 60 16 66 20 84 25.00 $7,722,250 $6,123,420 $290,500 $286,250 $253,500 $295,75048233 DETROIT 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048234 DETROIT 111 22 -80.18 84 11 43 15 50 36.36 $158,550 $194,181 $13,500 $8,000 $8,000 $9,77648235 DETROIT 88 76 -13.64 230 24 89 21 98 -12.50 $627,280 $331,804 $19,500 $14,000 $16,000 $17,032
48236¹
DETROIT, GROSSE POINTE FARMS, GROSSE POINTE SHORE, GROSSE POINTE
WOODS 114 88 -22.81 131 42 151 46 153 9.52 $14,777,199 $12,888,921 $276,500 $248,450 $220,000 $220,00048238 DETROIT 39 18 -53.85 59 4 23 11 41 175.00 $85,750 $121,050 $13,500 $7,500 $5,000 $9,00048239 DETROIT, REDFORD 94 83 -11.70 111 48 172 49 180 2.08 $2,840,280 $3,469,893 $56,165 $65,000 $60,000 $65,00048240 DETROIT, REDFORD 33 43 30.30 56 20 103 23 107 15.00 $1,096,905 $1,287,906 $52,500 $53,601 $42,750 $57,900
Metropolitan REALTOR® | 15
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
48101 ALLEN PARK 58 58 0.00 63 29 116 34 141 17.24 $3,097,800 $3,246,358 $105,000 $93,750 $90,000 $100,000
48111BELLEVILLE, SUMPTER,
VAN BUREN 81 67 -17.28 126 30 115 46 148 53.33 $4,397,085 $7,309,988 $146,500 $167,450 $139,000 $158,500
48120 DEARBORN 7 5 -28.57 9 2 8 2 9 0.00 $449,000 $353,000 $224,500 $176,500 $141,500 $173,00048122 MELVINDALE 14 12 -14.29 18 7 34 13 38 85.71 $338,300 $588,928 $42,000 $45,000 $43,500 $46,00048124 DEARBORN 96 103 7.29 120 46 170 43 192 -6.52 $5,113,258 $6,204,400 $97,750 $110,000 $92,000 $111,00048125 DEARBORN HEIGHTS 49 53 8.16 95 24 92 34 103 41.67 $1,406,551 $2,158,035 $52,500 $61,650 $50,000 $58,30048126 DEARBORN 65 51 -21.54 98 25 95 21 124 -16.00 $3,465,152 $2,054,000 $111,000 $95,000 $95,000 $106,00048127 DEARBORN HEIGHTS 79 77 -2.53 110 40 159 38 130 -5.00 $5,450,301 $4,465,709 $114,950 $106,000 $115,000 $117,00048128 DEARBORN 31 26 -16.13 29 17 60 17 63 0.00 $2,421,300 $2,990,350 $125,000 $170,000 $120,000 $139,900
48134BROWNSTOWN, FLAT
ROCK, HURON 45 27 -40.00 57 12 47 17 70 41.67 $2,180,825 $3,419,323 $162,000 $200,000 $176,961 $207,03348135 GARDEN CITY 62 51 -17.74 60 42 128 33 128 -21.43 $3,417,499 $2,894,793 $75,000 $88,000 $75,000 $84,00048138 GROSSE ILE 40 31 -22.50 93 9 42 13 49 44.44 $2,573,900 $2,319,000 $258,000 $160,000 $211,000 $205,00048141 INKSTER 38 42 10.53 144 19 85 21 79 10.53 $454,425 $372,146 $20,000 $16,110 $18,000 $20,00148146 LINCOLN PARK 65 62 -4.62 64 47 148 44 154 -6.38 $2,292,663 $2,587,921 $48,500 $52,000 $45,000 $53,75048150 LIVONIA 80 79 -1.25 61 37 123 39 129 5.41 $5,041,641 $5,389,375 $129,000 $140,000 $128,000 $139,90048152 LIVONIA 83 65 -21.69 58 35 130 32 135 -8.57 $6,107,389 $5,661,452 $163,000 $145,500 $147,500 $154,00048154 LIVONIA 79 72 -8.86 43 47 159 51 157 8.51 $8,665,799 $9,752,062 $179,900 $188,000 $179,400 $185,50048164 HURON, NEW BOSTON 14 20 42.86 38 10 31 6 35 -40.00 $1,597,734 $1,467,900 $147,867 $209,000 $146,000 $145,50048166¹ NEWPORT 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48167¹NORTHVILLE, NORTHVILLE
TWP 28 37 32.14 47 16 39 21 48 31.25 $5,479,500 $6,081,100 $262,500 $237,500 $240,000 $270,000
48168¹ NORTHVILLE 66 65 -1.52 73 28 91 29 81 3.57 $13,650,300 $12,268,600 $421,500 $356,000 $410,000 $425,00048170¹ PLYMOUTH 106 86 -18.87 118 57 174 59 194 3.51 $16,390,866 $16,455,450 $280,000 $270,000 $244,354 $260,750
48173BROWNSTOWN,
GIBRALTAR, ROCKWOOD 22 20 -9.09 32 6 38 8 41 33.33 $1,154,217 $1,443,900 $218,500 $173,500 $145,750 $169,900
48174BROWNSTOWN, HURON,
ROMULUS 37 34 -8.11 46 20 77 32 98 60.00 $1,684,099 $3,425,110 $70,000 $84,450 $70,000 $91,00048180 TAYLOR 100 88 -12.00 143 40 185 63 239 57.50 $2,590,922 $4,742,873 $57,950 $68,000 $56,000 $68,000
48183BROWNSTOWN, TRENTON,
WOODHAVEN 78 73 -6.41 55 49 162 53 171 8.16 $6,802,740 $7,386,940 $130,000 $135,000 $128,500 $130,000
48184 WAYNE 34 23 -32.35 31 14 49 21 69 50.00 $1,074,849 $1,461,899 $58,600 $63,000 $64,000 $65,000
48185 WESTLAND 81 108 33.33 114 49 168 60 204 22.45 $5,295,647 $8,057,776 $117,000 $125,950 $110,000 $120,000
48186 WESTLAND 70 55 -21.43 61 46 149 44 165 -4.35 $4,034,100 $3,964,586 $89,250 $84,950 $82,900 $91,00048187 CANTON 103 97 -5.83 90 50 169 43 159 -14.00 $10,888,900 $10,674,880 $203,600 $225,000 $202,300 $220,00048188 CANTON 123 108 -12.20 132 62 210 69 227 11.29 $14,310,465 $17,694,855 $207,500 $250,000 $206,000 $220,000
48192BROWNSTOWN,
RIVERVIEW, WYANDOTTE 45 44 -2.22 59 23 101 30 121 30.43 $1,864,805 $2,767,549 $75,000 $89,950 $75,000 $75,000
New Sold Sale Volume Median Sale PriceWayne County ZIP Code Report for April
YTD Median Sale Price
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
New Sold Sale Volume Median Sale PriceWayne County ZIP Code Report for April
YTD Median Sale Price
48193BROWNSTOWN,
RIVERVIEW 17 22 29.41 28 14 61 13 44 -7.14 $1,693,400 $1,952,541 $105,000 $125,000 $103,000 $125,00048195 SOUTHGATE 40 43 7.50 48 28 104 26 106 -7.14 $2,656,349 $2,623,580 $87,527 $97,000 $81,000 $90,25048201 DETROIT 4 7 75.00 19 5 14 9 21 80.00 $1,118,250 $2,578,700 $221,250 $287,700 $250,600 $291,00048202 DETROIT 24 12 -50.00 33 11 29 9 29 -18.18 $2,243,700 $1,317,400 $165,000 $152,000 $118,000 $170,00048203 DETROIT, HIGHLAND PARK 37 17 -54.05 75 9 26 5 24 -44.44 $561,100 $663,650 $5,100 $4,050 $9,500 $17,950
48204 DETROIT 29 15 -48.28 68 11 24 7 28 -36.36 $72,826 $67,877 $4,100 $7,000 $3,888 $6,40048205 DETROIT 80 63 -21.25 148 8 65 15 58 87.50 $118,299 $186,816 $16,500 $7,500 $7,000 $7,37548206 DETROIT 25 19 -24.00 53 7 18 5 32 -28.57 $371,470 $188,911 $62,799 $9,900 $31,625 $39,85048207 DETROIT 19 15 -21.05 38 12 37 12 33 0.00 $1,755,550 $2,579,501 $162,500 $214,000 $110,000 $129,00048208 DETROIT 4 3 -25.00 6 1 7 0 2 -100.00 $250,000 $0 $250,000 $0 $65,500 $124,30048209 DETROIT 5 8 60.00 20 3 15 7 15 133.33 $124,200 $183,010 $25,000 $34,000 $14,900 $18,500
48210 DETROIT 5 11 120.00 22 4 18 5 19 25.00 $14,700 $78,050 $3,750 $17,000 $4,250 $10,50048211 DETROIT 0 0 0.00 1 0 2 0 4 0.00 $0 $0 $0 $0 $1,125 $8,10048212 DETROIT, HAMTRAMCK 24 18 -25.00 49 7 34 9 37 28.57 $136,530 $328,000 $25,901 $35,000 $17,050 $35,00048213 DETROIT 7 14 100.00 40 9 33 4 13 -55.56 $36,016 $35,505 $3,005 $9,500 $4,109 $7,00048214 DETROIT 18 23 27.78 54 10 37 9 33 -10.00 $1,593,202 $677,700 $43,250 $56,000 $45,000 $28,00048215 DETROIT 10 5 -50.00 14 3 12 2 12 -33.33 $944,000 $118,900 $405,000 $59,450 $66,500 $31,50048216 DETROIT 2 2 0.00 6 0 7 1 4 100.00 $0 $170,000 $0 $170,000 $125,000 $107,00048217 DETROIT 4 4 0.00 17 2 11 2 6 0.00 $17,050 $61,900 $8,525 $30,950 $8,000 $12,50048218 RIVER ROUGE 3 7 133.33 25 2 18 2 7 0.00 $41,200 $23,500 $20,600 $11,750 $13,250 $10,00048219 DETROIT 78 59 -24.36 211 27 99 29 102 7.41 $797,376 $769,331 $17,500 $17,000 $16,500 $17,05748221 DETROIT 45 74 64.44 169 27 90 33 125 22.22 $1,599,368 $2,245,203 $28,699 $30,000 $27,750 $35,00048223 DETROIT 50 28 -44.00 88 8 48 18 71 125.00 $292,838 $1,008,835 $33,550 $43,500 $30,000 $36,00048224 DETROIT 92 81 -11.96 262 25 96 35 127 40.00 $649,074 $586,184 $15,000 $10,005 $11,950 $9,50048225 DETROIT, HARPER WOODS 38 44 15.79 69 17 88 25 80 47.06 $814,500 $1,506,734 $40,000 $59,000 $36,415 $53,50048226 DETROIT 3 2 -33.33 7 5 12 6 14 20.00 $728,600 $1,403,500 $130,000 $236,250 $131,250 $196,50048227 DETROIT 70 52 -25.71 199 20 76 21 77 5.00 $441,666 $397,280 $17,017 $12,000 $11,750 $9,90048228 DETROIT 106 63 -40.57 218 12 77 17 94 41.67 $178,000 $258,045 $14,750 $13,113 $11,000 $15,00048229 ECORSE 7 9 28.57 30 4 18 6 19 50.00 $71,000 $95,900 $16,500 $11,500 $14,250 $15,200
48230GROSSE POINTE, GROSSE
POINTE PARK 37 34 -8.11 60 16 66 20 84 25.00 $7,722,250 $6,123,420 $290,500 $286,250 $253,500 $295,75048233 DETROIT 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048234 DETROIT 111 22 -80.18 84 11 43 15 50 36.36 $158,550 $194,181 $13,500 $8,000 $8,000 $9,77648235 DETROIT 88 76 -13.64 230 24 89 21 98 -12.50 $627,280 $331,804 $19,500 $14,000 $16,000 $17,032
48236¹
DETROIT, GROSSE POINTE FARMS, GROSSE POINTE SHORE, GROSSE POINTE
WOODS 114 88 -22.81 131 42 151 46 153 9.52 $14,777,199 $12,888,921 $276,500 $248,450 $220,000 $220,00048238 DETROIT 39 18 -53.85 59 4 23 11 41 175.00 $85,750 $121,050 $13,500 $7,500 $5,000 $9,00048239 DETROIT, REDFORD 94 83 -11.70 111 48 172 49 180 2.08 $2,840,280 $3,469,893 $56,165 $65,000 $60,000 $65,00048240 DETROIT, REDFORD 33 43 30.30 56 20 103 23 107 15.00 $1,096,905 $1,287,906 $52,500 $53,601 $42,750 $57,900
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
New Sold Sale Volume Median Sale PriceWayne County ZIP Code Report for April
YTD Median Sale Price
Other Other 2 4 100.00 7 1 3 1 2 0.00 $110,500 $116,116 $110,500 $116,116 $110,500 $79,097Totals 3243 2827 5042 1395 1554 $190,431,010 $206,300,102
This statistical information, although not guaranteed, is from data we believe reliable. This statistical information is not to be reproduced or redistributed either now or in the future without express written consent from Realcomp. ¹ Zip Code covers multiple counties.
Z I P C O D E R E P O R T / A P R I L 2 0 1 6
SAINT CLAIR COUNTY
16 | Metropolitan REALTOR®
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
48001
ALGONAC, CLAY, CLAY TWP, PEARL BEACH,
RUSSELL ISLAND 33 30 -9.09 96 5 27 8 26 60.00 $660,800 $1,269,400 $91,500 $161,000 $115,000 $130,810
48002¹
ALLENTON, BERLIN, BERLIN TOWNSHIP,
BERVILLE 3 9 200.00 12 0 8 1 6 100.00 $0 $275,000 $0 $275,000 $115,250 $254,500
48004 ANCHORVILLE 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $048005¹ LYNN TWP 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48006
AVOCA, FARGO, GREENWOOD,
GREENWOOD TOWNSHIP, KENOCKEE, KENOCKEE
TOWNSHIP 8 7 -12.50 14 0 9 1 4 100.00 $0 $310,000 $0 $310,000 $146,550 $144,450
48014¹CAPAC, CAPAC VILL,
MUSSEY TWP 5 11 120.00 14 3 10 5 11 66.67 $348,900 $444,900 $125,000 $92,000 $123,000 $140,000
48022EMMETT, EMMETT
TOWNSHIP 3 5 66.67 7 2 7 4 6 100.00 $362,325 $497,300 $181,163 $97,000 $172,000 $81,500
48023FAIR HAVEN, IRA
TOWNSHIP 10 7 -30.00 20 3 9 5 13 66.67 $462,000 $910,400 $150,000 $166,400 $112,600 $130,000
48027GOODELLS, WALES, WALES TOWNSHIP 6 7 16.67 13 1 7 2 5 100.00 $170,000 $243,000 $170,000 $121,500 $142,500 $138,000
48028HARSENS ISLAND, CLAY
TWP 17 11 -35.29 51 2 4 2 3 0.00 $308,000 $253,560 $154,000 $126,780 $142,500 $135,00048032¹ GRANT TOWNSHIP, JEDDO 1 4 300.00 12 0 6 0 6 0.00 $0 $0 $0 $0 $95,000 $166,950
48039
COTTRELLVILLE, COTTRELLVILLE TWP, MARINE, MARINE CITY 18 21 16.67 37 5 14 6 17 20.00 $416,000 $845,500 $80,000 $117,000 $74,050 $95,250
48040 MARYSVILLE 24 32 33.33 34 18 42 14 37 -22.22 $2,459,300 $1,544,700 $127,950 $100,250 $113,500 $109,900
48041¹MEMPHIS, RILEY, RILEY
TOWNSHIP 3 7 133.33 10 4 8 4 10 0.00 $849,000 $562,500 $210,000 $141,250 $201,250 $133,000
48049CLYDE, CLYDE TOWNSHIP,
NORTH STREET, RUBY 13 2 -84.62 11 6 18 7 11 16.67 $883,950 $1,031,800 $162,000 $129,000 $140,275 $129,000
48054
CHINA, CHINA TOWNSHIP, EAST CHINA, EAST CHINA
TWP 18 18 0.00 45 12 21 3 13 -75.00 $2,485,375 $399,400 $183,500 $133,500 $192,500 $140,000
48059
BURTCHVILLE, BURTCHVILLE TOWNSHIP,
FORT GRATIOT, FORT GRATIOT TOWNSHIP, LAKEPORT, NORTH
LAKEPORT 25 33 32.00 87 14 41 13 30 -7.14 $2,418,475 $2,235,300 $152,450 $166,000 $127,000 $117,000
48060PORT HURON, PORT HURON TOWNSHIP 46 54 17.39 133 33 116 31 89 -6.06 $2,951,034 $2,693,298 $74,250 $71,600 $67,900 $69,000
48062¹ CASCO TWP 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48063COLUMBUS, COLUMBUS
TOWNSHIP 9 4 -55.56 8 0 10 1 3 100.00 $0 $159,000 $0 $159,000 $173,789 $199,250
48064 CASCO, CASCO TOWNSHIP 4 3 -25.00 9 1 9 2 4 100.00 $235,000 $442,000 $235,000 $221,000 $230,000 $235,000
New Sold Sale Volume Median Sale PriceSaint Clair County ZIP Code Report for April
YTD Median Sale Price
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
New Sold Sale Volume Median Sale PriceSaint Clair County ZIP Code Report for April
YTD Median Sale Price
48074KIMBALL, KIMBALL
TOWNSHIP, SMITHS CREEK 16 17 6.25 32 12 25 2 18 -83.33 $1,049,854 $305,895 $68,400 $152,948 $103,000 $92,500
48079SAINT CLAIR, SAINT CLAIR
TWP 23 23 0.00 55 11 36 7 29 -36.36 $1,875,564 $1,307,700 $150,000 $196,000 $153,500 $156,000
48097¹TOWNSHIP, LYNN, LYNN
TOWNSHIP, YALE 7 8 14.29 21 0 9 2 8 200.00 $0 $119,900 $0 $59,950 $56,500 $72,50048416¹ BROWN CITY, LYNN TWP 0 2 200.00 3 0 0 0 0 0.00 $0 $0 $0 $0 $0 $315,00048444¹ LYNN TWP 0 0 0.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
Other Other 0 1 100.00 3 0 0 0 1 0.00 $0 $0 $0 $0 $0 $80,000
Totals 292 316 727 132 120 $17,935,577 $15,850,553This statistical information, although not guaranteed, is from data we believe reliable. This statistical information is not to be reproduced or redistributed either now or in the future without express written consent from Realcomp. ¹ Zip Code covers multiple counties.
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Z I P C O D E R E P O R T / A P R I L 2 0 1 6
LIVINGSTON COUNTY
Metropolitan REALTOR® | 17
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
48114
BRIGHTON, BRIGHTON TWP, GENOA TWP,
HARTLAND TOWNSHIP 61 40 -34.43 88 19 78 27 85 42.11 $5,348,259 $8,026,989 $280,000 $295,000 $247,500 $285,000
48116
BRIGHTON, BRIGHTON TWP, HARTLAND TWP,
GENOA TWP 81 78 -3.70 99 33 126 50 143 51.52 $6,228,801 $13,065,630 $170,000 $225,000 $190,000 $219,000
48137¹GREGORY, UNADILLA TWP,
WILLIAMSVILLE 15 12 -20.00 24 3 11 1 11 -66.67 $284,600 $270,500 $112,500 $270,500 $170,000 $155,00048139 HAMBURG 3 3 0.00 5 0 1 2 3 200.00 $0 $306,200 $0 $153,100 $132,500 $169,00048143 LAKELAND, HAMBURG TWP 0 0 0.00 0 0 1 0 0 0.00 $0 $0 $0 $0 $360,900 $0
48169¹
DEXTER TWP, PINCKNEY, PUTNAM TWP, HAMBURG
TWP, UNADILLA TWP 63 53 -15.87 97 25 93 40 117 60.00 $5,094,887 $9,782,144 $198,900 $227,000 $199,000 $225,000
48178¹GREEN OAK, GREEN OAK
TWP, SOUTH LYON 36 27 -25.00 49 16 43 8 35 -50.00 $3,982,400 $2,472,000 $256,950 $307,750 $309,000 $325,000
48189¹
GREEN OAK TWP, HAMBURG TWP,
NORTHFIELD TWP, WHITMORE LAKE 14 19 35.71 34 8 21 5 26 -37.50 $1,653,650 $1,202,080 $178,500 $251,000 $205,000 $225,915
48353¹HARTLAND, HARTLAND
TWP 16 12 -25.00 14 3 15 11 28 266.67 $537,000 $2,138,900 $172,000 $190,000 $172,000 $175,000
48380¹
MILFORD, MILFORD TWP, BRIGHTON TWP, HARTLAND TWP 4 3 -25.00 6 1 6 3 4 200.00 $125,000 $1,104,000 $125,000 $320,000 $268,750 $327,500
48418¹BYRON, CONWAY,
CONWAY TOWNSHIP 0 2 200.00 2 1 1 0 0 -100.00 $168,000 $0 $168,000 $0 $168,000 $0
48430¹
FENTON, DEERFIELD TWP, HARTLAND TWP, OCEOLA
TWP, TYRONE TWP 50 32 -36.00 54 14 36 15 54 7.14 $3,619,800 $3,472,790 $274,500 $210,000 $252,000 $228,500
48442¹HOLLY, HARTLAND,
HARTLAND TOWNSHIP 0 0 0.00 1 0 1 0 0 0.00 $0 $0 $0 $0 $145,000 $048451¹ LINDEN, DEERFIELD TWP 2 0 -100.00 1 0 4 0 3 0.00 $0 $0 $0 $0 $220,500 $193,00048816 COHOCTAH 1 0 -100.00 0 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48836¹
CONWAY TWP, FOWLERVILLE,
FOWLERVILLE VILL, HANDY TWP, IOSCO TWP 34 29 -14.71 34 10 60 20 64 100.00 $1,590,500 $3,483,975 $177,000 $174,750 $143,700 $155,000
48843
HOWELL, GENOA TWP, HARTLAND TWP, MARION
TWP, OCEOLA TWP 167 124 -25.75 190 76 200 69 239 -9.21 $16,220,980 $15,519,742 $204,500 $212,000 $204,900 $212,000
48855
HOWELL, COHOCTAH TWP, DEERFIELD TWP,
HARTLAND TWP, OCEOLA TWP 48 56 16.67 65 26 77 29 98 11.54 $4,938,619 $6,164,177 $185,000 $198,000 $181,895 $200,250
48872¹PERRY, CONWAY,
CONWAY TOWNSHIP 2 1 -50.00 1 0 0 0 0 0.00 $0 $0 $0 $0 $0 $0
48892¹CONWAY TWP, IOSCO TWP, WEBBERVILLE 0 0 0.00 3 1 1 1 2 0.00 $169,900 $240,000 $169,900 $240,000 $169,900 $179,300
49285¹ STOCKBRIDGE 0 2 200.00 1 0 1 0 2 0.00 $0 $0 $0 $0 $250,000 $216,750
New Sold Sale Volume Median Sale PriceLivingston County ZIP Code Report for April
YTD Median Sale Price
ZIP Code CVT Active
2015 2016
% change from 1
year ago 2016 2015 2015 YTD 2016 2016 YTD
% change from 1
year ago 2015 2016 2015 2016 2015 2016
New Sold Sale Volume Median Sale PriceLivingston County ZIP Code Report for April
YTD Median Sale Price
Other Other 1 1 0.00 2 0 0 3 4 300.00 $0 $735,000 $0 $240,000 $0 $227,500Totals 598 494 770 236 284 $49,962,396 $67,984,127
This statistical information, although not guaranteed, is from data we believe reliable. This statistical information is not to be reproduced or redistributed either now or in the future without express written consent from Realcomp. ¹ Zip Code covers multiple counties.
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18 | Metropolitan REALTOR®
W C R R E P O R T
By BRENDA LEE SZLACHTAMichigan Women’s Council of REALTORS® State President
The Women’s Council of REALTORS® and the National Association of REALTORS® Legislative Meetings wrapped up mid-May. The meetings are designed for REALTOR® members to take an active role to advance the real estate industry and public policy.
In addition to the special issues forums, committee meetings, and legislative activities, education was top of mind. The Game Changer sessions included insights on balancing business strategies and managing your social media with other communications; as well as providing an unbeatable value proposition, and a hands-on goal setting exercise, breaking down the barriers that are getting in the way of our ultimate success. Next up, the Ignite Learning series, where I was fortunate to have been asked to present on developing a leadership pipeline. I was joined by fellow Council instructors covering recruiting, programing, budgets and supercharging our local chapter websites.
Reflecting on the conference, I would be remiss if I did not mention the power and the strength of the Council leadership in attendance; demonstrating a clear and comprehensive picture of how we impact our industry and who we are as an organization. If you are interested in finding out more about the power of the Council network, let me know. I would love to have you as my guest at a local chapter business resource luncheon. There are five local chapters within GMAR’s jurisdiction: 275 Corridor, Birmingham/Bloomfield, Greater Rochester, Lake Pointe, and Livingston. I am confident one of the chapters will be the perfect fit.
WCR REGION II RETREATFrankemuthJune 8-10See more details »
GREATER ROCHESTERASK THE APPRAISERRiver Crest900 Avon RdRochester Hills, Michigan 48307June 2, 2016See more details »
22ND ANNUAL GOLF OUTTINGGreystone Golf ClubRomeo, MichiganJune 22, 2016 - 9:00 AMSee more details »
LAKE POINTEBUSINESS RESOURCES MEETINGJune 21
QUARTER MANIASterling Lanes33200 SchoenherrSterling Heights, Michigan 48313June 26, 2016 - 3:00 PMSee more details »
I-275 CORRIDOR2ND ANNUAL GOLF OUTING15565 Bay Hill DrNorthville, Michigan 48168June 15, 2016 - 9:00 AMSee more details »
LIVINGSTONGOVERNING BOARD MEETING1005 E. Grand RiverBrighton, Michigan 48116June 02, 2016See more details »
BUSINESS RESOURCE MEETING130 W. Grand AveBrighton, Michigan 48116June 16, 2016See more details »
JUNE WCR EVENTS
Metropolitan REALTOR® | 19
Adams, William - Midrone LLC Al-Hakiem, Ashley - Keller Williams Central Albring, Joseph - Key Realty One LLC Bailey, Craig - Central Properties GroupBellottie, Amanda - River Oaks Realty Benton, Earlette - Real Estate One Beshouri, Paul - Real Estate One Dearborn Beulah, Katrina - Keller Williams Central Bori, Darryl - Vision Realty CentersBoron, Kenneth - Century 21 Castelli Bostek, Megan - Key Realty One Bridges, Paula - Keller Williams Farmington Burk, Marci - C21 Town & Country BirmBurke, Andrew - Real Living Kee Realty Burke, G Jack - Berkshire Hathaway Burton, Kenneth - RE/MAX In The Park Chirco, Michele - M.J.C. Realty Inc. Chirco, Peter - Chirco title Agency Colvin, Sheri - Keller Williams NoviConnell, Lindsay - Remerica United Realty Cook, Sha-Wanna - Cook Property Management Cummins, Danielle - Coldwell Banker Professionals Curry, Eula - Keller Williams Farm. HillsDanho, Jawan - Vision Realty Centers Davis, DeLana - Keller Williams Novi Davis, Kimberly - Coldwell Banker Weir Manuel Davis, Rebecca - Howard Hanna Birm. Day, Tara - Assured Real EstateDebruyne, Valarie - RNR Real Estate DellaPella, Brian - Coldwell Banker Weir Manuel Dorsch, Danielle - Real Estate One Central Dunn, Sandra - Lyon Realty LLC Dzhumakova-Staffo, Doriana - Coldwell Banker Weir Manuel Elberson, Gwynn - National Realty Centers Ezrow, Lori - Coldwell Banker Weir ManuelForbers, Anthony - Urban Estate Management Freel, Gayle - Keller Williams MacombGhoujeghi, Fay - Keller Williams Novi Giordano, Emily - C21 Sakmar Girard, Adam - Keller Williams Central Goodell, Angela - Expert Realty Solutions Guldal, Stacy - W Realty Henson, Scott - Downtown Realty Hentkowski, Toni - Select R.E. Professionals Heppard, Nicholas - Mutual Realty Hernandez, Claudia - Coldwell Banker Weir ManuelHiggs Jr, Robert - National Realty Centers Holmes, Devon - Elite Realty Group Hoppe, Chandra - Real Living Kee Clinton Hornbostel, Timothy - Real Estate OneJames, Geraldine - Keller Williams Novi Jeffrey, Mark - Market Elite Inc. Jenaras, Nicolette - Berkshire Hathaway Jenkins, Tyrone - Clients First, REALTORS® Johair, Bilal - Remerica Integrity IIJohnson, Caleia - Keller Williams Royal Oak Johnson, Markita - Real Estate One Royal Oak Jones, Juanita - Premier City Property Executive
Jordan, Mary - RNR Real Estate LLC Judnick, Lianna - RE/MAX Advisors Kamal, Fatah Allah - Delphi Group Real Estate Katich, Jacquelyn - Real Estate One Clinton Kee, Jennifer - Real Living Kee Clinton Kosciolek, Jill - Real Living Kee Clinton Lang, Michael - Sine & Monaghan Real Living GPLanz, David - W RealtyLivous, Michelle - Keller Williams Farm Hills. Loomis, Colby - Keller Williams Novi Luke, Deborah - Coldwell Banker Weir Manuel MacInnes, Christopher - Keller Williams NoviMann, Chase - Berkshire Hathaway Matthews, Shawn - Vox Appraisal McBride, Vence - Keller Williams Royal Oak Meila, Terrylynn - Select R.E. Professionals Minton-Dohring, Brenda - Remerica PreferredMitchell, Antonio - Carter & Associates Realty Monaghan, Mark - Sine & Monaghan Real Living Moore, Enid - G.S. Inc.Moore, Joylene - Howard Hanna Real Estate Moroni, Mark - Real Living Kee Clinton Morris-Mays, Michelle - Keller Williams Farm. HillsNagle, Jacquelyn - Max Broock Birmingham Nahorodny, Kaitlin - Vison Realty Centers Neal, Dellzena - Treasure Homes Neely, Jimmie - Keller Williams Macomb Nestorovic, Dragan - Vision RealtyNickens, Taylor - Howard Hanna Birmingham Nutter, Kimberly - Coldwell Banker Weir Manuel O’Meara, Kelly - RE/Max Eclipse O’Neil, Nina - Berkshire Hathaway Osenko, Jeffrey - RE/MAX In The Park Parsons, Kathryn - Coldwell Banker Weir Manuel Passmore, Jennifer - Real Estate One Central Perez, Felipe - Real Estate One Royal Oak Perrin, Jessica - NextHome Metro Peterson, Lori - Keller Williams Brighton Phanawong, Andrea - C21 Town & Country NorthvillePichette, Justin - RE/Max Suburban Pierce, Jason - The House Stop Poyhonen, Heather - M1 BrokerageProcopio, Dominick - RE/MAX First ClintonProvenzano, Ronald - Keller Williams NoviPuiu, Lucy - Remerica HometownQuenneville, Kristy - C21 Town & Country Clinton Redmond, Bryan - Downtown Realty Reynolds, Rema - G.S. Inc. Rogers, Erin - Coldwell Banker PreferredSaferian, Joseph - C21 Town & Country Birm. Sagherian, Silva - Keller Williams Troy Sandor, Travis - Keller Williams Troy Schaefer, martin - Gold Star Mortgage Financial Schild,Susan - Coldwell Banker Town & CountrySchraffenberger, Nicole - Keller Williams NoviSeaver, Jason - Coldwell Banker Weir Manuel Shelton, Rodney - Key Realty One Shen, Yu - 1st. Michigan Realty
Sidelinker, Jaclyn - RE/MAX Eclipse Smith, Shawn - Keller Williams Novi Soroka, Adam - The Loft Warehouse Stanley, Deborah - Keller Williams Novi Stauch, John - Keller Williams MacombStewart, Ryan - RE/MAX Platinum Stimac, Stacy - Real Estate One Brighton Swanson, Jessica - Keller Williams Chesterfield Thomas, Martino - Keller Williams Central Tomczak, Dennis - Keller Williams Macomb Tylutki, Cassandra - Century 21 Row Vernier, Anna - Century 21 Castelli Walker, Tyhesa - Metro West Real Estate Walter, Timothy - The Agentcy Real Estate Firm Weaver, Alicia - Dwellings Unlimited LLC White, Tonyia - Sumit Realty & Investment Whitehead, Caitlyn - CMS Realty LLCWilcox, Jon - Braven Enterprises LLCWinters, Mark - Real Living Kee Realty Clinton Wood, Robert - RE/MAX Eclipse Wyngard, Ryan - Keller Williams Plymouth Yaldo, Raymen - National Realty Centers Young, Mary Ann - Mary Ann Young, Broker Zacks, Jeremy - Keller Williams Troy
We Couldn’t Do It Without You
N E W M E M B E R S
Welcome, New Members!
THANK YOU ORIENTATION SPONSORS FOR THEMONTH OF APRIL 2016:KATHY SLEBODAFirst American Title
DANI HALLSELLStevens Worldwide Van Lines
ROBERT ZORZANSuburban Home Inspections
TOM RUSSOHouseMaster Inspection
JULIE DIAZCommission Express
JOSHUA LAWRENCEBeka Management
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L E G I S L AT I V E U P D AT E
20 | Metropolitan REALTOR®
Understanding the Role of Transaction Coordinator
With Our Deepest SympathyMARGE FRASER
We are sad to inform you of the May 5 death of former Director, Marge Fraser; mother of Kim Bischler and Brenda Noffert.
Visit www.gofundme.com/22rcvrw to express condolences and make a charity donation.
GMAR staff, leadership and membership extend warm condolences to the family and friends of Marge.
If you would like to let your fellow REALTORS® know about the recent passing of another member, please submit the information to [email protected].
June GMAR ToolShop SalePRICES VALID JUNE 1-30, 2016Limited stock on some sale items. Visit the GMAR ToolShop for other sales.
3324– Open House Guest Register Small Registration forms gather vital real estate information for visitor follow up.Colors to choose from: Red, Gray, Burgundy, Black, Blue and Green.Regular Member Price: $29.95June GMAR Member Price: $24.95
5962– Shoecover BasketGreat for Open Houses. Heavy duty canvas material. Folds down to only 1x11x12. Choose from Colors, Red, Blue, Green and BlackRegular Member Price: $12.25June GMAR Member Price: $9.95
4119– Home For Sale Sign with StakePanel Size 12x16 inches. Total Height 36 Inches.Regular Member Price: $20.25June GMAR Member Price: $16.20
6086- Arrow Open House with StakeFeatures a double-sided 18x24 panel in distinctive arrow show. This economical easy to install sign just slides tightly over the steel rod holder and steps into the ground.Regular Member Price: $23.25June GMAR Member Price: $18.50
GMAR TOOLSHOP HOURSMonday—Thursday 8:30 am to 5:00 pm
Friday 8:30 am to 4:00 pm,Closed Saturday and Sunday
Assume that a friend of yours calls and asks you to assist him on the sale of his cabin to his neighbor. Since he already has a buyer, he does not need to list the property, but he does need help putting the transaction together and getting the sale closed. For many Realtors®, the difficult question here is not how to put the deal together, but rather in what capacity the Realtor® should serve.
Obviously, the friend does not need a traditional listing agent, but should the Realtor® set up some type of agency relationship with the seller? Or should the Realtor® act as a transaction coordinator? Can the Realtor® charge for his/her services? As will be discussed below, while in this scenario it is certainly possible for the Realtor® to help his friend (and get paid for his work), because of its limitations, a transaction coordinator role may not be the best choice.
Read more
NEW MEMBER ORIENTATIONCE Credits: 3 standardWednesday, June 1, 20169:00 a.m. – 4:30 p.m. GMAR: 20 Oak Hollow, Suite 100, Southfield
COURSE 1700-2/4 STANDARD CONTINUING EDUCATIONCE Credits: 6 legalTuesday, June 7, 20169:00 a.m. – 3:00 p.m.GMAR, 20 Oak Hollow, Suite 100, Southfield$50 Premier Members / $60 Non MembersIncluded for MemberMax & EduPass
SELLER REPRESENTATIVE SPECIALIST DESIGNATIONCE Credits: 13 standard and 2 legalWed & Thur, June 8 & 9, 20169:00 a.m. – 5:00 p.m. GMAR, 20 Oak Hollow, Suite 100, Southfield$195 Premier Members / $225 Non MembersIncluded for MemberMax & EduPass
COURSE 1700-3 & CODE OF ETHICSCE Credits: 6 legal Thursday, June 9, 20169:00 a.m. – 3:30 p.m.ConCorde Inn, 44315 Gratiot, Clinton TWP, MI $35.00 | Included forMemberMax & EduPass$10.00 additional if paid at door
CODE OF ETHICSCE Credits: 3 standardMonday, June 13, 20169:00 a.m. - 12:00 p.m.1:00 p.m. - 4:00 p.m.
SENIOR REAL ESTATE SPECIALIST DESIGNATIONCE Credits: 13 standardWed & Thur, June 15 & 16, 20169:00 a.m. – 4:00 p.m. GMAR, 20 Oak Hollow, Suite 100, Southfield$350.00 GMAR Members / $399 Non-MembersIncluded for MemberMax & EduPass
AGENT 101: You Don’t Know What You Don’t KnowCE Credits: 2 legal, 1 standardMonday, June 20, 201610:00 a.m. – 1:00 p.m. GMAR, 20 Oak Hollow, Suite 100, Southfield$10.00 GMAR Members / $40 Non-MembersIncluded for MemberMax & EduPass
PSA-PRICING STRATEGIES: MASTERING THE CMACE Credits: 7 standardTuesday, June 21, 20169:00 a.m. – 5:00 p.m.GMAR: Oak Hollow, Suite 100, Southfield$99.00 GMAR Members / $119.00 Non-MemberIncluded for MemberMax & EduPass
SUCCESSFULLY SELLING HUD HOMES CE Credits: 3 standard Thursday, June 23, 2016 10:00 a.m. – 1:00 p.m. GMAR, 20 Oak Hollow, Suite 100, Southfield No charge for GMAR members Non-Members $25.00
UPCOMING EVENTSREGISTER HERE
JUNE 2016
Metropolitan REALTOR® | 21
22 | Metropolitan REALTOR®
Southfield, MI: Over 40 REALTORS®, affiliate and staff members, along with family members, of the Greater Metropolitan Association of REALTORS® (GMAR), the premier board of REALTORS® for Southeast Michigan, joined together to begin the restoration process of REALTORS® Park in Royal Oak, located at Main & Sunnybrook, this past Saturday, May 21. Starting at 8 in the morning, the group removed trash, debris, dead and overgrown vegetation, made minor repairs to equipment, and put a fresh coat of paint on the equipment.
James Cristbrook, Member of the GMAR Member Engagement Committee who planned the event, said that “this is just the first phase of the restoration process. Next we’ll upgrade the playground equipment, and then begin soliciting organizations to ‘adopt’ the park – meaning they’ll take over maintenance of the park.” The event was made possible by grants from the National Association of REALTORS®, Michigan REALTORS®, and GMAR. First American Title provided breakfast, and Shain Park REALTORS® provided lunch for the volunteers.
GMAR President Debbie Z said “we love the communities we serve, and you can expect to see more of our REALTORS® going above and beyond through this sort of activity.”
About GMAR: The Greater Metropolitan Association of REALTORS® (GMAR) is the premier Association of REALTORS®
in Southeast Michigan, providing services and support to the real estate profession and the communities they serve. With over 6,500 members, GMAR is the largest local REALTOR® association in the state. GMAR provides many benefits to its members, such as access to the Realcomp MLS, over 220 quality continuing education and designation courses per year, the largest REALTOR® specific store in the area, the ToolShop™, Metropolitan Minute weekly newsletter and Metropolitan REALTOR® monthly electronic magazine. GMAR’s mission is to be the leading resource for the real estate community in Southeast Michigan. Visit www.GMARonline.com to learn more.
See the pictures of our happy, hard-working volunteers at www.facebook.com/GMARonline.
R E A LT O R ® S C H O L A R S H I P F U N D
REALTORS® Revitalize Park in Royal Oak
Need assistance? Call us at 866.665.1738 or email us at:[email protected]
JULIE L. DIAZCommission Express of Southeast MichiganAccount Executive for Michigan and OhioGMAR Affiliate Committee ChairGMAR Member Service CommitteeRPAC Major Investor Sterling R
‘I can do things you cannot, you can do things I cannot; together we can do great things’
-Unknown
June is here and we are well on our way to the second half of the year! The market is tight but steady; and low inventory means it’s a seller’s market right now.
Do you ever ask your trusted GMAR Affiliates for assistance with your transactions? Can you name at least three GMAR Affiliates that you have met and know personally? Have you ever used a GMAR Affiliate? If the answer is no, how come?
We welcome you to ask us any questions you may have about our businesses, we have title, mortgage, law, moving, staging, home warranty, home inspection, commission advancing, insurance and more, all active, all engaged and here to assist you!
There are several ways to see your supportive, knowledgeable and highly trained affiliate partners in action around GMAR! We offer industry driven training through GMAR on our specialties. Check out the GMAR class schedule at gmaronline.com/calendar and sign up for any one of our free, CE Marketplace approved con-ed classes. You can find us at all of the events GMAR holds, such as the golf outing,
the general membership meeting, Shred Day, REALTORS® Park Cleanup Day, GMAR Gives Thanks Party, and of course all the training classes. You can browse and search a contact list of all GMAR Affiliate partners at gmaronline.com/affiliate. Check us out!
Until next time, have a safe and happy June.
APP of the month: Not really a new app but Facebook now has a live action video option called Go Live. It starts recording and posts ‘live’ to your newsfeed and alerts your friends to check you out live. I’ve seen agents using it for live open houses, creative thank you notes, announcements you might find helpful to your circle and so much more, the possibilities are endless. I’ve tried it. It’s awesome. It’s LIVE - so no multiple takes!
App of the MonthRPR Mobile™ delivers the data and reporting found on
the RPR website, directly to your phone. Using RPR Mobile, REALTORS® can use their location to search both on and off market properties, while also uncovering mortgage, historical and distressed data, flood zones, school info and more. Then easily create one of 5 different property and neighborhood reports, each branded with your photo, logo and contact information. As a REALTOR®, there is no cost to use RPR, the system is 100% covered by your NAR member dues.
Source: http://blog.narrpr.com/product/15-remarkable-apps-real-estate-business/
24 | Metropolitan REALTOR®
From An Affiliate
Check out the monthly promo’s for June!
Use promo code:JUN20 to Save 20% Enroll today: http://gmaronline.theceshop.com/
Promotion expires June 30, 2016
Topics Covered Include: Michigan Laws & Rules Update, Real Estate Related Case Law, Federal Laws & Rules Update, Busting Michigan Real Estate Myths
Greater Metropolitan Association of REALTORS® Courses held at: 20 Oak Hollow, Suite 100, Southfield, MI 48033
www.WWOCAR.com
Name:______________________________________________________________________ Email: _________________________________Phone: _____________________________ License # (please include entire 10 digits): _______________________________________________ **FREE for MemberMax™ and EduPass™ Member-Max™ Edu-Pass™ Discover, Visa, MC, AMEX: ____________________________________________________ CVV Code: _______________ Exp. Date: ___________________ Signature: _______________________________________ Amount: $_________________
Course Date: _____________________________________ Registering online? Be sure to login for member discounts!
Photo ID and Pocket Card Required for Admittance to Course
Please fill out form completely and send to GMAR, 20 Oak Hollow, Suite 100, Southfield, MI 48033 FAX: (248) 478-3150 PHONE: (248) 478-1700 ONLINE: GMARonline.com
DEADLINE TO COMPLETE IS December 31, 2016!
COURSE 1700-2/4 – 6 Legal Continuing Education Credits This course is approved for 6-hours of legal credits for the 2013-2015 license cycle.
DATE INSTRUCTOR TIME COST (Members/Non-members)
February 23, 2016 Bart Patterson 9:00 a.m. - 3:00 p.m. $50.00 / $60.00
March 21, 2016 Brent Belesky 9:00 a.m. - 3:00 p.m. $50.00 / $60.00
April 21, 2016 Deanna DuRussel 9:00 a.m. - 3:00 p.m. $50.00 / $60.00
May 23, 2016 Brent Belesky 9:00 a.m. - 3:00 p.m. $50.00 / $60.00
June 7, 2016 Jeff Benjamin 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
July 13, 2016 Bart Patterson 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
August 11, 2016 Deanna DuRussel 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
September 9, 2016 Jeff Benjamin 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
September 12, 2016 Claudia Cauley 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
September 29, 2016 Bart Patterson 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
October 10, 2016 Jeff Benjamin 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
October 18, 2016 Brent Belesky 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
October 28, 2016 Claudia Cauley 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
November 11, 2016 Deanna DuRussel 9:00 a.m. – 3:00 p.m. $50.00 / $60.00
The Accredited Buyer’s Representative (ABR®) designation is the benchmark of excellence in buyer representation. This coveted designation is awarded by the Real Estate Buyer’s Agent Council (REBAC), an affiliate of the National Association of REALTORS®, to real estate practitioners who meet the specified educational and practical experience criteria. In addition, REBAC provides many membership benefits to help your business grow and keep you up-to-date and networked, with new enhancements added each year.
The overall goals of the ABR® Designation Course are to:
Prepare real estate professionals to thoroughly represent buyer-clients in real es-tate transactions and provide the quality of service and degree of fidelity to buyers that sellers have customarily enjoyed.
Offer ideas and methods for building a buyer representation business.
Develop a self-customized tool for conducting a buyer counseling session.
($110.00/year to maintain membership)
Accredited Buyer Representative Designation Course
Earn the ABR Designation
Approved for 13-hours of Michigan Continuing Education and 2-hours of Legal Credit!
DESIGNATION REQUIREMENTS
Successful completion of the two-day ABR Course, including an 80% passing grade on the exam.
After you complete this course you will have three (3) years in which to complete the other requirements.
Successful completion of one of the ABR® elective courses, including an 80% passing grade on the exam. This course may be taken prior to completing the ABR Designation Course.
Documentation verifying five (5) completed transactions in which you acted solely as a buyer representative (no dual agency). Any transactions closed prior or closed within three years after completing the ABR Course are eligible for credit.
Maintain active membership with REBAC and NAR.
Designation Course Cost
*MemberMax/EduPass
FREE**! Please fax completed form to:
(248) 478-3150
GMAR Members: $195.00
Non-Members:
$225.00
Call (248) 478-1700 Online at www.GMARonline.com Email: [email protected]
LIMITED SEATING AVAILABLE!
ATTENTION GMAR MEMBERS: You may be able to take this course for FREE*!
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover: ____________________________________________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature: __________________________________
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover: ____________________________________________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature: __________________________________
**Subject to seating availability. Newly licensed members are not eligible to attend designation courses included with the MemberMax™ and/or EduPass™program during the first 6-months of membership**
Registration begins at 8:30 a.m. August 17 & 18, 2016 9:00 a.m. - 5:00 p.m.
GMAR: 20 Oak Hollow, Suite 100, Southfield, MI 48033
The Accredited Buyer’s Representative (ABR®) designation is the benchmark of excellence in buyer representation. This coveted designation is awarded by the Real Estate Buyer’s Agent Council (REBAC), an affiliate of the National Association of REALTORS®, to real estate practitioners who meet the specified educational and practical experience criteria. In addition, REBAC provides many membership benefits to help your business grow and keep you up-to-date and networked, with new enhancements added each year.
The overall goals of the ABR® Designation Course are to:
Prepare real estate professionals to thoroughly represent buyer-clients in real es-tate transactions and provide the quality of service and degree of fidelity to buyers that sellers have customarily enjoyed.
Offer ideas and methods for building a buyer representation business.
Develop a self-customized tool for conducting a buyer counseling session.
($110.00/year to maintain membership)
Accredited Buyer Representative Designation Course
Earn the ABR Designation
Approved for 13-hours of Michigan Continuing Education and 2-hours of Legal Credit!
DESIGNATION REQUIREMENTS
Successful completion of the two-day ABR Course, including an 80% passing grade on the exam.
After you complete this course you will have three (3) years in which to complete the other requirements.
Successful completion of one of the ABR® elective courses, including an 80% passing grade on the exam. This course may be taken prior to completing the ABR Designation Course.
Documentation verifying five (5) completed transactions in which you acted solely as a buyer representative (no dual agency). Any transactions closed prior or closed within three years after completing the ABR Course are eligible for credit.
Maintain active membership with REBAC and NAR.
Designation Course Cost
*MemberMax/EduPass
FREE**! Please fax completed form to:
(248) 478-3150
GMAR Members: $195.00
Non-Members:
$225.00
Call (248) 478-1700 Online at www.GMARonline.com Email: [email protected]
LIMITED SEATING AVAILABLE!
ATTENTION GMAR MEMBERS: You may be able to take this course for FREE*!
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover: ____________________________________________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature: __________________________________
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover: ____________________________________________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature: __________________________________
**Subject to seating availability. Newly licensed members are not eligible to attend designation courses included with the MemberMax™ and/or EduPass™program during the first 6-months of membership**
Registration begins at 8:30 a.m. August 17 & 18, 2016 9:00 a.m. - 5:00 p.m.
GMAR: 20 Oak Hollow, Suite 100, Southfield, MI 48033
Looking for Advanced RPR Classes?
RPR Advanced: 10 Powerful Ways to Use RPR
August 9, 2016 10:00 a.m. – 11:00 a.m.
RPR provides tools and resources to expand your business. During this session, the 10 most powerful ways to use RPR will be highlighted. Learn how to use RPR to prospect and farm, determine a seller’s motivation, run comp analyses, search distressed properties, value home improvements and much more. After this informative session, you will be equipped to impress clients with the information they want and the property value understanding they need. Register for this business-changing class today!
RPR Advanced: Using RPR Valuation Tools and Analytics August 9, 2016 11:30 p.m. – 12:30 p.m. You’ve got the basics – now dig deep and learn the tips and tricks to leverage RPR®’s powerful analysis tools for your clients. Take the AVM or RVM® for a property and apply your local market intelligence to refine this starting point with corrections to the facts, addition and projection of improvement values, and comparison refinement tools. Create quick and easy CMA or an in-depth Sales Comparison Analysis, and lead clients through the intricacies of market realities with easy-to-understand facts and graphics. And we’ll use RPR’s Investment Analysis Tool to create an analysis for any type of client, whether they are buying their first home to live in, an investor looking to ‘flip’ the property, or someone looking for a rental investment.
Both courses held at:
GMAR 20 Oak Hollow, Suite 100, Southfield
Call (248) 478-1700 Email [email protected] Online at GMARonline.com
Agent Topics:
Agent Referrals
Car Insurance
Checklists
Commercial Property
E & O Insurance
Grievances
Personalized Marketing Materials
Presentations buyers/sellers
Title Insurance & Title Companies
Forms
Agent 101: You Don’t Know What You Don’t Know
June 20, 2016 10:00 a.m. - 1:00 p.m. GMAR Offices, 20 Oak Hollow, Suite 100, Southfield, MI
Approved for 2-hours of legal & 1-hour elective continuing education credits!
**MemberMax/EduPass
FREE! Please fax completed form to:
(248) 478-3150
GMAR Members: $10.00
Non-Members:
$40.00
Call (248) 478-1700 or Online at www.GMARonline.com Email: [email protected]
ATTENTION GMAR MEMBERS: You may be able to take this course for FREE**!
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover American Express: ______________________________________________________________ CID: __________ EduPass / MemberMax Expiration Date: ___________________________ Signature______________________________________________________________________
Both Parties of the Transaction:
Appraisals
Closing
Traditional vs. Designated
Escrow Accounts
Final Walk-Through
Home Warranties
Closing Document
Mutual Release
Purchase Agreements
Transaction Coordinator
Buyer Focus:
Bill of Sale
Buyer Broker Agreements
Closing Costs, Pre Paids & Escrow
EMD
Home Inspection
HUD Homes/Bank Owned
New Construction
Pre-Approval
Preview Appointments
PMI
This course isn't just for newly licensed
agents!
Seller Focus:
Certificate of Occupancy
Listing Package Paperwork
Mortgage Payoff
Open House
Sellers Disclosure Stmt
Transfer Taxes
Agent Topics:
Agent Referrals
Car Insurance
Checklists
Commercial Property
E & O Insurance
Grievances
Personalized Marketing Materials
Presentations buyers/sellers
Title Insurance & Title Companies
Forms
Agent 101: You Don’t Know What You Don’t Know
June 20, 2016 10:00 a.m. - 1:00 p.m. GMAR Offices, 20 Oak Hollow, Suite 100, Southfield, MI
Approved for 2-hours of legal & 1-hour elective continuing education credits!
**MemberMax/EduPass
FREE! Please fax completed form to:
(248) 478-3150
GMAR Members: $10.00
Non-Members:
$40.00
Call (248) 478-1700 or Online at www.GMARonline.com Email: [email protected]
ATTENTION GMAR MEMBERS: You may be able to take this course for FREE**!
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover American Express: ______________________________________________________________ CID: __________ EduPass / MemberMax Expiration Date: ___________________________ Signature______________________________________________________________________
Both Parties of the Transaction:
Appraisals
Closing
Traditional vs. Designated
Escrow Accounts
Final Walk-Through
Home Warranties
Closing Document
Mutual Release
Purchase Agreements
Transaction Coordinator
Buyer Focus:
Bill of Sale
Buyer Broker Agreements
Closing Costs, Pre Paids & Escrow
EMD
Home Inspection
HUD Homes/Bank Owned
New Construction
Pre-Approval
Preview Appointments
PMI
This course isn't just for newly licensed
agents!
Seller Focus:
Certificate of Occupancy
Listing Package Paperwork
Mortgage Payoff
Open House
Sellers Disclosure Stmt
Transfer Taxes
In partnership with
NCI Associates
REAL ESTATE CONTINUING EDUCATION Course Fee: VARIES BY DATE INCLUDED FOR GMAR MEMBERMAX AND EDUPASS MEMBERS These courses cover three-hours of the standard continuing education training as well as the 3 hours of Code of Ethics training, so you can meet both the continuing education requirement for this year, as well as the Quadrennial Code of Ethics requirement as mandated by the National Association of REALTORS® that must be completed every four years. All 6-hours of the course are legal credits. >>> Troy Location 2125 Butterfield (auditorium), Troy, MI 48084
9:00 a.m. - 3:30 p.m. (except for split evening class) April 12, 2016 ($35.00) July 13, 2016 ($30.00) August 15 & 17, 2016 ($50.00) (MUST ATTEND BOTH EVENINGS) August 26, 2016 ($45.00) September 27, 2016 ($45.00) October 15, 2016 ($50.00) November 15, 2016 ($45.00) December 28, 2016 ($50.00)
>>> Clinton Township Location ConCorde Inn
44315 Gratiot Avenue, Clinton Township 9:00 a.m. - 3:30 p.m.
March 23, 2016 ($30.00) May 2, 2016 ($35.00) June 9, 2016 ($35.00) August 9, 2016 ($45.00) September 6, 2016 ($45.00) September 28, 2016 ($45.00) October 28, 2016 ($45.00) December 5, 2016 ($45.00)
Register by calling (586) 247-9800 or (248) 478-1700 or online at GMARonline.com
Presented by Jack Waller of NCI Associates
under an Education Alliance with GMAR
All courses held at GMAR, 20 Oak Hollow, Suite 100, Southfield, 48033 Name: _________________________________________ Lic. #: _____________________
Are you a member of GMAR? YES NO If not, where? ____________________________
Company: ______________________________________ Phone: ____________________
Email Address: ______________________________________________________________
V/M/D/AMEX#: __________________________________ Exp: ___________ CCV: _______
Signature: _______________________________________________________________
REGISTRATIONS MUST BE RECEIVED BY GMAR AT LEAST 24 HOURS IN ADVANCE, OR YOU MAY NOT BE GUARANTEED A SEAT.
REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within four-year cycles. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®.
The current four-year cycle will end Dec. 31, 2016
Failure to comply with this required ethics training is a violation of a membership duty for which the member's primary association will suspend membership until the training is complete.
QUADRENNIAL CODE OF ETHICS
FREE GMAR Members | $10.00 Non-Members APPROVED FOR 3 ELECTIVE CONTINUING EDUCATION CREDITS!
April 7, 2016 1:00 pm– 4:00 pm
May 19, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
June 13, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
July 18, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
August 16, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
August 29, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
September 15, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
September 19, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
October 7, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
October 17, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
November 4, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
December 2, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
December 12, 2016 9:00 am– 12:00pm 1:00 pm– 4:00 pm
April 22, 2016 9:00am– 12:00 pm
Over 1/3 of all home sales are either vacation or investment properties. Demonstrate that you a have the skills and knowledge to be the resource for these transactions by earning the NAR’s RSPS Certification. This one-day course from NAR is designed to teach the essentials of buying, selling and managing resort properties and second homes for recreation, investment and development. Help clients evaluate and select the type of property, form of
ownership, and financing options. Identify strategies for building a rental business or assessing the
investment value of a property. Understand the IRS guidelines for tax treatment of second-home
vacation and investment properties.
Use market statistics and trends to develop a business plan.
Home Sweet (Second) Home: Vacation, Investment and Luxury
Properties Course July 21, 2016 9:00 a.m. - 5:00 p.m.
GMAR: 20 Oak Hollow, Suite 100, Southfield, MI 48033
Earn the RSPS Certification
Approved for 7-hours of Michigan Continuing Education Credit!
CERTIFICATION REQUIREMENTS
Be a member in good standing of the National Association of REALTORS.
Complete this qualifying one-day course.
View three 1-hour Webinars available free of charge.
Submit application* to REBAC
*$194.50 application fee must be submitted with
application upon completion of course to qualify for certification.
Certification Course Cost
*MemberMax/EduPass
FREE**! Please fax completed form to:
(248) 478-3150
GMAR Members: $99.00
Non-Members:
$119.00
Call (248) 478-1700 Online at www.GMARonline.com Email: [email protected]
LIMITED SEATING AVAILABLE!
ATTENTION GMAR MEMBERS: You may be able to take this course for FREE*!
**Subject to seating availability. Newly licensed members are not eligible to attend designation courses included with the MemberMax™ and/or EduPass™program during the first 6-months of membership**
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover: ____________________________________________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature: __________________________________
June 23, 2016 10:00 a.m.—1:00 p.m. GMAR: 20 Oak Hollow, Suite 100, Southfield, MI 48033
Approved for 3-hours of Michigan Continuing Credits. Course Cost
Please fax completed form to: (248) 478-3150
GMAR Members:
No Charge
Non-Members: $25.00
Please call (248) 478-1700 Online at GMARonline.com
Email: [email protected]
LIMITED SEATING AVAILABLE!
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover American Express: ______________________________________________________________ CID: __________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature___________________________________________________
Steve Katsaros
Presented by:
Help your buyers take advantage of affordable HUD homes by attending this seminar. Answer HUD-related questions, such as:
What basic guidelines do you need to know? Who can buy and sell HUD homes? Where can you find HUD homes for sale? What documents are required to complete the sale? Learn about the new major changes to the HUD buying process,
effective April 1, 2016. What are the differences in procedure between those HUD
asset management companies?
You will also learn about the new Asset Manager, Sage Acquisitions
Presenter Steve Katsaros will walk you through the process from start to finish!
Successfully Selling HUD Homes in Michigan
June 23, 2016 10:00 a.m.—1:00 p.m. GMAR: 20 Oak Hollow, Suite 100, Southfield, MI 48033
Approved for 3-hours of Michigan Continuing Credits. Course Cost
Please fax completed form to: (248) 478-3150
GMAR Members:
No Charge
Non-Members: $25.00
Please call (248) 478-1700 Online at GMARonline.com
Email: [email protected]
LIMITED SEATING AVAILABLE!
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover American Express: ______________________________________________________________ CID: __________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature___________________________________________________
Steve Katsaros
Presented by:
Help your buyers take advantage of affordable HUD homes by attending this seminar. Answer HUD-related questions, such as:
What basic guidelines do you need to know? Who can buy and sell HUD homes? Where can you find HUD homes for sale? What documents are required to complete the sale? Learn about the new major changes to the HUD buying process,
effective April 1, 2016. What are the differences in procedure between those HUD
asset management companies?
You will also learn about the new Asset Manager, Sage Acquisitions
Presenter Steve Katsaros will walk you through the process from start to finish!
Successfully Selling HUD Homes in Michigan
Designed for real estate professionals at all experience levels, the National Association of REALTORS® (NAR) Short Sales and Foreclosure Resource certification, or SFR for short, gives you a framework for understanding how to:
Direct distressed sellers to finance, tax, and legal professionals
Qualify sellers for short sales
Develop a short-sale package
Negotiate with lenders
Tap into buyer demand
Safeguard your commission
Limit risk
Protect buyers
As many agents can attest, your ability to close short sales and foreclosures depends in part on your confidence in seeing these transactions through. Begin building your confidence today with SFR!
Short Sale and Foreclosure Resource Certification
July 12, 2016 8:30 a.m. - 5:00 p.m. GMAR: 20 Oak Hollow, Suite 100, Southfield, MI 48033
Earn the SFR Certification
Approved for 6-hours of Michigan Continuing Education and 2-hours of Legal Credit! Topic Approval #: M179 & M5142 School Approval #: 303
CERTIFICATION REQUIREMENTS
Be a member in good standing of the National Association of REALTORS.
Complete this qualifying core course.
View three 1-hour Webinars available free of charge.
Submit application* to REBAC
*$175 application fee payable to REBAC must be submitted with application.
You may return the application to the SFR department via email, fax
or direct mail. Please see the application for the
contact information.
Certification Course Cost
*MemberMax/EduPass
FREE**! Please fax completed form to:
(248) 478-3150
GMAR Members: $79.00
Non-Members:
$99.00
Call (248) 478-1700 Online at www.GMARonline.com Email: [email protected]
LIMITED SEATING AVAILABLE!
ATTENTION GMAR MEMBERS: You may be able to take this course for FREE*!
**Subject to seating availability. Newly licensed members are not eligible to attend designation courses included with the MemberMax™ and/or EduPass™program during the first 6-months of membership**
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover: ____________________________________________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature: __________________________________
This education-based designation addresses the fastest growing market in real estate.
Why are 50-plus clients moving? To be closer to grandchildren. To start that vineyard they've always dreamed of. To address health concerns. The list goes on and on. Can you speak to the unique motivation they have? Do you know how to counsel your client on their options? This is the kind of distinction that can set you apart. You can be the hero.
SRES® Designation Course Learning Objectives:
Learn about uses of pensions, 401k accounts, and IRAs in real estate transactions. Gain an understanding of how Medicare, Medicaid, and Social Security impact 50+ real estate decisions. Recognize mortgage finance & loan schemes and scams that victimize 50+ borrowers. Identify key life stages, viewpoints, and transitions in relation to housing choices. Recognize how a home can be adapted for safety, comfort, and aging in place. Stay focused on the transaction and avoid inappropriate involvement in family matters. Develop sensitivities to 50+ issues and priorities when counseling buyers and sellers, showing properties, and managing transactions. Develop services that win and sustain client and customer relationships and position you as a trusted real estate advisor. Master the vocabulary of the range of housing options for the 50+ market. Learn the application of federal laws for Housing for Older Persons Act (HOPA). Develop business building outreach methods for communicating & gaining 50+ market share.
Senior Real Estate Specialist Designation Course
ATTENTION GMAR MEMBERS: You may be able to take this course for FREE*!
June 15 & 16, 2016 9:00 a.m. - 4:00 p.m. GMAR Office: 20 Oak Hollow, Suite 100, Southfield, MI 48033
Earn the SRES Designation
Approved for 13-hours of Michigan Continuing Education!
DESIGNATION REQUIREMENTS
Three (3) requirements must be met to attain and use the
SRES® designation:
Successful completion of the two-day SRES® Designation course, including an 80% passing grade on the exam. Maintain active membership in the National Association of REALTORS®. M a i n t a i n a n a c t i v e membership in the SRES Counci l . New Designees receive one-year membership in the Seniors Real Estate Council¨ FREE. Annual dues are $99 each year thereafter.
Designation Course Cost
*MemberMax/EduPass
FREE**! Please fax completed form to:
(248) 478-3150
GMAR Members: $350.00
Non-Members:
$399.00
Call (248) 478-1700 O nline at www.GMARonline.com
Email: [email protected]
LIMITED SEATING AVAILABLE!
**Subject to seating availability. Newly licensed members are not eligible to attend designation courses included with the MemberMax™ and/or EduPass™program during the first 6-months of membership**
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover: ____________________________________________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature: __________________________________
Seller Representative Specialist Designation
Designation Course Fees:
*MemberMax/EduPass
FREE**! Please fax completed form to:
(248) 478-3150
GMAR Members: $195.00
Non-Members:
$225.00
Call (248) 478-1700 Online www.GMARonline.com
LIMITED SEATING AVAILABLE!
All requirements must be completed within 2 years of taking the SRS Course. Complete two day SRS
Designation Course
Complete one elective course
Documentation verifying 5 completed transactions in which you acted solely as a seller representative (no dual agency). Any transac-tions closed two years prior to or after taking the SRS Designation course are eligible for credit.
Maintain active membership status as an SRS with NAR
How to earn the SRS
Whether you are new to the industry or a seasoned veteran, the SRS Course
will redefine your ‘normal’ and reinvent the
way you represent sellers. Come learn tips
and tools that will equip you to list in
today’s marketplace.
Increase listings and grow your
business
Demonstrate and communicate your value package
Understand and apply the Code of Ethics and Standards of Practice
Understand and comply with state license laws
Understand and apply methods, tools and techniques to provide
support and services that sellers want and need
Approved for 13-standard and 2-legal Continuing Education Credits
ATTENTION GMAR MEMBERS: You may be able to take this course for FREE*!
Name:_________________________________________ License #: ______________________ Office:_________________________________________ Phone: _________________________ Email: ________________________________________ Visa MasterCard Discover: ____________________________________________ Edu-Pass™ / Member-Max™ Expiration Date: ______________________ Signature: __________________________________
**Subject to seating availability. Newly licensed members are not eligible to attend designation courses included with the MemberMax™ and/or EduPass™program during the first 6-months of membership**
June 8 & 9, 2016 9:00 a.m. - 5:00 p.m. GMAR, 20 Oak Hollow, Suite 100, Southfield, MI 48033
Foley Publications, Inc. is proud to partner with the Greater Metropolitan Association of REALTORS®. Together we will provide a professional, interactive monthly e-magazine for the Association’s membership.
20+ Years of Real Estate Publishing Excellence!
For advertising information, please contactCraig Foley or Ned Foley at 303-758-7878 or
visit our website at www.foleypub.com.