Greater Milwaukee Association of REALTORS® Board

Transcript:Greater Milwaukee Association of REALTORS® Board:
Greater Milwaukee Association of REALTORS® Board of Directors Meeting Thursday, November 21, 2019 GMAR Board of Directors Welcome & Introductions Consent Agenda November 21, 2019 BOD Meeting Minutes 141 New Members Monica Baer, Baer Carlson 2020 Public Relations Brainstorm GMAR PR Planning Meeting January 16, 2020 3 2020 GMAR PR Positive coverage of REALTORS and the local real estate market Position REALTORS as reliable, trusted, knowledgeable partners Educate on home ownership and market opps Address current market challenges Deliver stories about housing affordability in the market Story Categories “That’s Who We R” Upcoming strategy meeting with Water Street Creative Story Categories Positive Realtor Stories System to uncover stories; mention during weekly team meeting Example to share in GMAR newsletter Youth Foundation activities Career advantages; Original side hustle; Younger professionals team up with parents Story Categories GMAR Community Outreach/Initiatives Feed Wisconsin (Jared Jamrozy) Equal Opportunity Housing Committee Veteran’s Initiative (Furniture drive, Military relocation designation) Rock the Block Story Categories Statistics National Trends Report; Transactions by mortgage type First-time homebuyers pent-up demand/delay home buying by x months Monthly rent vs. mortgage payment Affordability Index Story Categories Trends from the Field Lack of supply of homes $300,000↓ Neighborhood value w/homes vs. apartments Clause to break lease if find a home Selling homes now to cash in on value Finding charm in older homes 3 car garages now required Story Categories Seasonal January-February,-Advantages of staging Tips & Advice How to prepare to sell or buy Senior moving Get pre-approved Story Categories Special Events & Observances Women Strong! (March 4) Real Estate Summit (March 24) Downtown Diggs (June 6) Historic Events/Anniversaries 4th of July veteran home buying Baer-Carlson Communications 12 GMAR Board of Directors Reports Chairman’s Report Treasurer’s Report November 2019 Financials 2020 Budget GMAR Board of Directors Balance Sheet (Statement of Financial Position) Cash & Investments $2,538,124, up $242,927 AR up $75,278 due to early entry of HGS Fixed Assets down $58,327 Total Assets $4,583,041, up $168,727 GMAR Board of Directors Balance Sheet (Statement of Financial Position) Liabilities: AP down $439,385 due to re-fi mortgage. Total Liabilities $2,348,942, up $58,237 Total Net Assets $2,234,099, up $226,964 GMAR Board of Directors Statement of Activities Membership: $1,846,671 was collected in dues vs. $1,050,508, up $796,162 over ’18 HGS: Income $911,455 vs Exp $583,513, net of $327,942 Public Policy & Pro Standards: Personnel & admin expenses GMAR Board of Directors Statement of Activities Leadership: Officer expenses, NAR