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	<title>Ray Roman Realty</title>
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		<title>Daylight Donut Shop for Sale in Hennessey, OK</title>
		<link>http://rayromanrealty.com/our-featured-listings/daylight-donut-shop-for-sale-in-hennessey-ok/</link>
		<comments>http://rayromanrealty.com/our-featured-listings/daylight-donut-shop-for-sale-in-hennessey-ok/#comments</comments>
		<pubDate>Mon, 11 Feb 2013 04:14:14 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
		
		<guid isPermaLink="false">http://rayromanrealty.com/?post_type=property&#038;p=3044</guid>
		<description><![CDATA[<p>Daylight Donuts offers the Hennessey, OK and surrounding community’s warm, light and delicious donuts and great tasting coffee and other fantastic tasting bakery goods. In addition the right owner can expand the menu to include breakfast sandwiches, a lunch menu and possibly a dinner menu. This property has 25 feet of frontage on Highway 81, [...]</p><p>The post <a href="http://rayromanrealty.com/our-featured-listings/daylight-donut-shop-for-sale-in-hennessey-ok/">Daylight Donut Shop for Sale in Hennessey, OK</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p style="text-align: left;" align="center">Daylight Donuts offers the Hennessey, OK and surrounding community’s warm, light and delicious donuts and great tasting coffee and other fantastic tasting bakery goods. In addition the right owner can expand the menu to include breakfast sandwiches, a lunch menu and possibly a dinner menu.</p>
<p style="text-align: left;" align="center">This property has 25 feet of frontage on Highway 81, the major thoroughfare between Enid and OKC. Approximate traffic count is 7500 cars daily.</p>
<p style="text-align: left;" align="center">This business has a lots of potential for the right owner or investor. Call Katie Grellner if you would like to receive more information including a list of assets that will be sold along with the real estate. Financial are available upon request and signing of a non-disclosure agreement.</p>
<p>The post <a href="http://rayromanrealty.com/our-featured-listings/daylight-donut-shop-for-sale-in-hennessey-ok/">Daylight Donut Shop for Sale in Hennessey, OK</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></content:encoded>
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		<title>Dover, OK Home For Sale 4BR-1.5B 80K-SOLD</title>
		<link>http://rayromanrealty.com/our-featured-listings/dover-ok-home-for-sale-4br-1-5b-80k/</link>
		<comments>http://rayromanrealty.com/our-featured-listings/dover-ok-home-for-sale-4br-1-5b-80k/#comments</comments>
		<pubDate>Thu, 04 Oct 2012 13:35:15 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
		
		<guid isPermaLink="false">http://rayromanrealty.com/?post_type=property&#038;p=3002</guid>
		<description><![CDATA[<p>Great looking and very well maintained home for sale. 4 Bedrooms, 1.5 Bath. Total of 1,475 SQ.FT Recent work includes: Living Room: texture, paint, flooring, ceiling fan. Kitchen: texture, paint, tile, lighting, stainless dishwasher, microwave, garbage disposal. Master Bath: paint, texture, tile, fan. Hall/entryway texture, paint, flooring lighting, plus outside paint, lighting. &#160;</p><p>The post <a href="http://rayromanrealty.com/our-featured-listings/dover-ok-home-for-sale-4br-1-5b-80k/">Dover, OK Home For Sale 4BR-1.5B 80K-SOLD</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>Great looking and very well maintained home for sale. 4 Bedrooms, 1.5 Bath. Total of 1,475 SQ.FT</p>
<p>Recent work includes: Living Room: texture, paint, flooring, ceiling fan. Kitchen: texture, paint, tile, lighting, stainless dishwasher, microwave, garbage disposal.<br />
Master Bath: paint, texture, tile, fan. Hall/entryway texture, paint, flooring lighting, plus outside paint, lighting.</p>
<p>&nbsp;</p>
<p>The post <a href="http://rayromanrealty.com/our-featured-listings/dover-ok-home-for-sale-4br-1-5b-80k/">Dover, OK Home For Sale 4BR-1.5B 80K-SOLD</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></content:encoded>
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		<title>The New 3.8% Sales Tax On Your Home</title>
		<link>http://rayromanrealty.com/the-new-3-8-sales-tax-on-your-home/</link>
		<comments>http://rayromanrealty.com/the-new-3-8-sales-tax-on-your-home/#comments</comments>
		<pubDate>Wed, 26 Sep 2012 11:30:12 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
				<category><![CDATA[Real Estate News]]></category>

		<guid isPermaLink="false">http://rayromanrealty.com/?p=2958</guid>
		<description><![CDATA[<p>Q: Does the new health care law impose a 3.8 percent tax on profits from selling your home? A: No, with very few exceptions. The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the case of a married couple. The tax falls on relatively few — [...]</p><p>The post <a href="http://rayromanrealty.com/the-new-3-8-sales-tax-on-your-home/">The New 3.8% Sales Tax On Your Home</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p><strong>Q: Does the new health care law impose a 3.8 percent tax on profits from selling your home?</strong></p>
<p>A: No, with very few exceptions. The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the case of a married couple. The tax falls on relatively few — those with high incomes from other sources.</p>
<p>Source FactCheck.org</p>
<p><a href="http://www.factcheck.org/2010/04/a-38-percent-sales-tax-on-your-home/">Read The Full Explanation Click Here</a>.</p>
<p>The post <a href="http://rayromanrealty.com/the-new-3-8-sales-tax-on-your-home/">The New 3.8% Sales Tax On Your Home</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></content:encoded>
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		<title>Kingfisher Home for Sale 3 bedroom &#8211; 1 Bath &#8211; $89,900.00</title>
		<link>http://rayromanrealty.com/our-featured-listings/kingfisher-home-for-sale-3-bedroom-1-bath-89900-00/</link>
		<comments>http://rayromanrealty.com/our-featured-listings/kingfisher-home-for-sale-3-bedroom-1-bath-89900-00/#comments</comments>
		<pubDate>Wed, 19 Sep 2012 13:26:22 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
		
		<guid isPermaLink="false">http://rayromanrealty.com/?post_type=property&#038;p=2943</guid>
		<description><![CDATA[<p>Nice home for owner-occupant or as an investment. HVAC replaced less than 5 years ago. Roof replaced in 2007. Carport and fenced backyard with 10&#215;20 storage shed.</p><p>The post <a href="http://rayromanrealty.com/our-featured-listings/kingfisher-home-for-sale-3-bedroom-1-bath-89900-00/">Kingfisher Home for Sale 3 bedroom &#8211; 1 Bath &#8211; $89,900.00</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>Nice home for owner-occupant or as an investment. HVAC replaced less than 5 years ago. Roof replaced in 2007. Carport and fenced backyard with 10&#215;20 storage shed.</p>
<p>The post <a href="http://rayromanrealty.com/our-featured-listings/kingfisher-home-for-sale-3-bedroom-1-bath-89900-00/">Kingfisher Home for Sale 3 bedroom &#8211; 1 Bath &#8211; $89,900.00</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></content:encoded>
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		<title>Oklahoma City Home for Sale 3 Bedroom &#8211; 1 Bath &#8211; $65,900.00-SOLD</title>
		<link>http://rayromanrealty.com/our-featured-listings/oklahoma-city-home-for-sale-3-bedroom-1-bath-69000-00/</link>
		<comments>http://rayromanrealty.com/our-featured-listings/oklahoma-city-home-for-sale-3-bedroom-1-bath-69000-00/#comments</comments>
		<pubDate>Wed, 19 Sep 2012 13:20:59 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
		
		<guid isPermaLink="false">http://rayromanrealty.com/?post_type=property&#038;p=2923</guid>
		<description><![CDATA[<p>This home has 2 bedrooms, 1 bath and a converted garage that makes a great bonus room or 3rd bedroom. Wood floors in two bedrooms and living room. **Recently remodeled kitchen and bathroom.** Stainless steel range with dishwasher. Central heat and air, utility room with washer, dryer hook-up. **Roof was replaced two years ago**, **New [...]</p><p>The post <a href="http://rayromanrealty.com/our-featured-listings/oklahoma-city-home-for-sale-3-bedroom-1-bath-69000-00/">Oklahoma City Home for Sale 3 Bedroom &#8211; 1 Bath &#8211; $65,900.00-SOLD</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>This home has 2 bedrooms, 1 bath and a converted garage that makes a great bonus room or 3rd bedroom. Wood floors in two bedrooms and living room. **Recently remodeled kitchen and bathroom.** Stainless steel range with dishwasher. Central heat and air, utility room with washer, dryer hook-up. **Roof was replaced two years ago**, **New hot water heater**. Ceiling fans in three rooms and large fenced yard. Well kept, clean and READY FOR MOVE-IN.</p>
<p>The post <a href="http://rayromanrealty.com/our-featured-listings/oklahoma-city-home-for-sale-3-bedroom-1-bath-69000-00/">Oklahoma City Home for Sale 3 Bedroom &#8211; 1 Bath &#8211; $65,900.00-SOLD</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></content:encoded>
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		<title>We Are HUD CERTIFIED</title>
		<link>http://rayromanrealty.com/we-are-hud-certified/</link>
		<comments>http://rayromanrealty.com/we-are-hud-certified/#comments</comments>
		<pubDate>Thu, 10 May 2012 14:04:13 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
				<category><![CDATA[Latest News]]></category>

		<guid isPermaLink="false">http://rayromanrealty.com/?p=2863</guid>
		<description><![CDATA[<p>If you have an interested in purchasing a HUD home we are now HUD Certified and can submit bids for you. Buying a HUD home requires all bid submissions to go through the listing broker or selling broker. There is more paperwork than usual and the process takes a bit longer than buying a regular home. As [...]</p><p>The post <a href="http://rayromanrealty.com/we-are-hud-certified/">We Are HUD CERTIFIED</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>If you have an interested in purchasing a HUD home we are now HUD Certified and can submit bids for you. Buying a HUD home requires all bid submissions to go through the listing broker or selling broker. There is more paperwork than usual and the process takes a bit longer than buying a regular home. As a HUD Certified broker we have received authorization to submit bids on your behalf and can assist you with the entire process including answering any questions your may have prior to submitting a bid.</p>
<p>Give me a call if you have any questions or would like to see what HUD homes are available for sale in our area in Central Oklahoma or right here in Kingfisher.</p>
<div></div>
<p>The post <a href="http://rayromanrealty.com/we-are-hud-certified/">We Are HUD CERTIFIED</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></content:encoded>
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		<title>4 Reasons Your House Is Not Selling</title>
		<link>http://rayromanrealty.com/reasons-your-house-is-not-selling/</link>
		<comments>http://rayromanrealty.com/reasons-your-house-is-not-selling/#comments</comments>
		<pubDate>Mon, 07 May 2012 13:01:51 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
				<category><![CDATA[For Buyer and Sellers]]></category>

		<guid isPermaLink="false">http://rayromanrealty.com/?p=2838</guid>
		<description><![CDATA[<p>When it comes to selling a house there are some variables that you simply cannot control such as the state of the local market and economy which in turn has an effect on the number of potential buyers. There are however some very common pitfalls that sellers should be aware of that can have a [...]</p><p>The post <a href="http://rayromanrealty.com/reasons-your-house-is-not-selling/">4 Reasons Your House Is Not Selling</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>When it comes to selling a house there are some variables that you simply cannot control such as the state of the local market and economy which in turn has an effect on the number of potential buyers. There are however some very common pitfalls that sellers should be aware of that can have a negative impact on the selling of your home. Here are four of the top reasons you house may not selling.</p>
<p><strong>#1) Too Much Competition &#8211; </strong>It&#8217;s possible there are too many listing available in your price range within your market. When this happens chances are you are not going to see that many showings.</p>
<p><em><strong>What To Do:</strong></em> This is one of those things you simply cannot control. In other words, you cannot reduce the number of listing on the market. What you can do is make your home more accessible to more buyers by lowering the price, offering favorable terms (ie. seller financing, closing costs, etc).</p>
<p><strong>#2) Priced Too High</strong> &#8211; This is one of the most common mistakes I see home sellers make. If your price is too high you are not going to see too many buyers. If you happen to get a buyer you run the risk that the house will not appraise at the selling price and financing will fall through. Remember your house is worth what someone if willing to pay for it, NOT what you&#8217;d like to get out of it.</p>
<p><strong><em>What To Do:</em></strong> First off you have to be realistic about your local market. Houses in your area may not selling like they used to. You also have to be honest with yourself and determine just how important it is for you to sell. Second work with a trusted real estate agent who has the data and can pull comparables to help you make an informed decision on a selling price.</p>
<p><span style="color: #ff0000;"><strong>WARNING:</strong></span><em> Don&#8217;t fall for the all too common real estate agent who promises to list your house at an unjustifiable high price only to come back later to ask you to lower your price because your house hasn&#8217;t sold. The first 30 days a house is on the market is crucial and if priced incorrectly the house will be ignored. If you lower your price later the first thing buyers ask is &#8220;What&#8217;s wrong with it, if the seller had to lower their price?&#8221;</em></p>
<p><strong>#3) No Curb Appeal</strong> &#8211; In a job interview first impressions count. The same applies to selling a home. When selling a home if the buyer is turned-off by the outside of your home chances are they won&#8217;t go inside. Your house has to show well and that starts with the minute a buyer pulls up to the driveway.</p>
<p><em><strong>What To Do:</strong></em> Make sure the exterior of your house is presentable. Trim shrubs, mow lawn, paint trim, replace rusted and beat up mailboxes. There are lots of inexpensive fixes you can to to the exterior of your house to increase its curb appeal. Do those prior to putting your house on the market and you stand a better chance of attracting buyers.</p>
<p><strong>#4) Poor Marketing</strong> &#8211; Is your house being exposed to the largest pool of potential buyers? Is your agent accessible to potential buyers? What type of marketing is being done on a regular basis to attract buyers? Listing a house in the MLS and local newspaper is no longer enough.</p>
<p><em><strong>What To Do:</strong></em> Make sure you real estate agent is marketing your house to the max.. Usually the MLS and a newspaper ad is what most agents do, but it shouldn&#8217;t stop there. How about syndicating your listing to national real estate website sites, ( AOL, Yahoo, Milltary.com, HomeFinder.com). Buyers are no longer local, they may relocate to your town from all over the globe. How about property brochures? YouTube videos? Does your agent have a flourishing and active social network (Facebook, Twitter, Linkedin). Work with an agent who maximize marketing exposure.</p>
<p>Avoid these 4 common pitfalls and you stand a better chance of selling your home quicker.</p>
<p>If you have any questions or comments enter them below. If you enjoyed this article please share it with family and friends.</p>
<p>&nbsp;</p>
<p>The post <a href="http://rayromanrealty.com/reasons-your-house-is-not-selling/">4 Reasons Your House Is Not Selling</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></content:encoded>
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		<title>CHICK-FIL-A LEADERCAST &#8211; Closing Thoughts</title>
		<link>http://rayromanrealty.com/chick-fil-a-leadercast-closing-thoughts/</link>
		<comments>http://rayromanrealty.com/chick-fil-a-leadercast-closing-thoughts/#comments</comments>
		<pubDate>Mon, 07 May 2012 02:49:47 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
				<category><![CDATA[Community News]]></category>

		<guid isPermaLink="false">http://rayromanrealty.com/?p=2834</guid>
		<description><![CDATA[<p>This past Friday May 4th Tammy and I attended the Chick-Fil A Leadercast at LifeWay Church. It featured some very well know speakers including Tim Tebow, Urban Meyer, Marcus Buckingham among others. Though we couldn&#8217;t stay for the whole event due to prior commitments we were very impressed by the the speakers we were able to see. We listened [...]</p><p>The post <a href="http://rayromanrealty.com/chick-fil-a-leadercast-closing-thoughts/">CHICK-FIL-A LEADERCAST &#8211; Closing Thoughts</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>This past Friday May 4th Tammy and I attended the <a href="http://rayromanrealty.com/chick-fil-a-leadercast-friday-may4th-at-lifeway-church/">Chick-Fil A Leadercast</a> at LifeWay Church. It featured some very well know speakers including Tim Tebow, Urban Meyer, Marcus Buckingham among others. Though we couldn&#8217;t stay for the whole event due to prior commitments we were very impressed by the the speakers we were able to see.</p>
<p>We listened to Urban Meyer, Tim Tebow, Marcus Buckingham and Angela Ahrents. We were very impressed by Tim Tebow and his commitment to the game as well as to his faith. Urban Meyer was an interesting speaker and was a pleasure to listen to. Marcus Buckingham and Angela Ahrents were also good speakers and both offered excellent tips and insight into leadership and running a business.</p>
<p>Over all the speakers were great and the Leadercast was well presented.</p>
<h4>Why Was I Disappointed?</h4>
<p>As I looked around the room I noticed the attendance was very small probably a couple of dozen people or so. Most from what I could tell had taken the day off just to come to this event. What struck me was the poor showing and involvement by some of the town&#8217;s largest employers in our town. Only a handful of employees  from local businesses were present. When you consider just how many large employers are in our town you would think they would have had a bigger presence. The lessons taught in this Leadercast would have applied to everyone from executive level down to administrative.</p>
<p>In my opinion the Chick-Fil-A Leadercast is a great opportunity for an employer to motivate and inspire their staff and to teach them the value of being a leaders. Hopefully next year we&#8217;ll see a bigger turnout.</p>
<p>Lifeway Church thank you for hosting this event and I look forward to next year.</p>
<p>The post <a href="http://rayromanrealty.com/chick-fil-a-leadercast-closing-thoughts/">CHICK-FIL-A LEADERCAST &#8211; Closing Thoughts</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></content:encoded>
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		<title>Chick-Fil-A Leadercast Friday May4th at LifeWay Church</title>
		<link>http://rayromanrealty.com/chick-fil-a-leadercast-friday-may4th-at-lifeway-church/</link>
		<comments>http://rayromanrealty.com/chick-fil-a-leadercast-friday-may4th-at-lifeway-church/#comments</comments>
		<pubDate>Thu, 03 May 2012 14:53:47 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
				<category><![CDATA[Community News]]></category>

		<guid isPermaLink="false">http://rayromanrealty.com/?p=2826</guid>
		<description><![CDATA[<p>&#8220;Get ready for an unforgettable day of inspiration, learning, networking, and more. Chick-fil-A Leadercast is one of the largest events of its kind, broadcasting world-renowned content to hundreds of locations around the world. Below, learn about our theme, speakers, what others are saying, volunteer opportunities, and more.&#8221; This year the Chick-fil-A Leadercast will be simulcast [...]</p><p>The post <a href="http://rayromanrealty.com/chick-fil-a-leadercast-friday-may4th-at-lifeway-church/">Chick-Fil-A Leadercast Friday May4th at LifeWay Church</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>&#8220;Get ready for an unforgettable day of inspiration, learning, networking, and more. Chick-fil-A Leadercast is one of the largest events of its kind, broadcasting world-renowned content to hundreds of locations around the world. Below, learn about our theme, speakers, what others are saying, volunteer opportunities, and more.&#8221;</p>
<p>This year the Chick-fil-A Leadercast will be simulcast at  LifeWay Church (across the street from the 89er theater). Here is list of the speakers of this years&#8217; Leadercast.</p>
<p>Soledad O&#8217;Brien - Anchor and Special Correspondent for CNN</p>
<p>Tim Tebow - NFL quarterback, Heisman Trophy winner &amp; best-selling author</p>
<p>Patrick Lencioni - Best-selling author &amp; president of The Table Group</p>
<p>Marcus Buckingham - Strength strategist, best-selling author and researcher</p>
<p>John Maxwell - Leadership expert &amp; best-selling author of <em>The 21 Irrefutable Laws of Leadership</em></p>
<p>Angela Ahrents - Chief Executive Officer, Burberry</p>
<p>Roland Fryer - Professor of economics at Harvard &amp; CEO of the Education Innovation Laboratory</p>
<p>Urban Meyer - Head football coach for Ohio State University Buckeyes</p>
<p>Andy Stanley - Best-selling leadership author &amp; communicator</p>
<p>Sheena Iyengar &#8211;  Author of <em>The Art of Choosing</em> &amp; world-renowned expert on choice</p>
<p>Everything starts at 8am and goes until about 4:30 PM.</p>
<p>Hope to see you all there. You Don&#8217;t Want To Miss It!</p>
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		<title>Oklahoma Broker Relationship Act &#8211; Are You Confused?</title>
		<link>http://rayromanrealty.com/oklahoma-broker-relationship-act-are-you-confused/</link>
		<comments>http://rayromanrealty.com/oklahoma-broker-relationship-act-are-you-confused/#comments</comments>
		<pubDate>Thu, 03 May 2012 14:17:39 +0000</pubDate>
		<dc:creator>rayroman</dc:creator>
				<category><![CDATA[Real Estate News]]></category>

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		<description><![CDATA[<p>Back in 2000 the Oklahoma Relationship Act was enacted by the State. The act was put in place to protect home buyers as it allowed and defined the manner in which a real estate agent could represent a client. But the law had one unintended consequence. It confused the hell out of everyone; consumers and [...]</p><p>The post <a href="http://rayromanrealty.com/oklahoma-broker-relationship-act-are-you-confused/">Oklahoma Broker Relationship Act &#8211; Are You Confused?</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>Back in 2000 the Oklahoma Relationship Act was enacted by the State. The act was put in place to protect home buyers as it allowed and defined the manner in which a real estate agent could represent a client.</p>
<p>But the law had one unintended consequence. It confused the hell out of everyone; consumers and real estate agents alike.</p>
<p>However the confusion is about to be cleared up with pending <a href="http://www.google.com/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=2&amp;ved=0CCoQFjAB&amp;url=http%3A%2F%2Fwww.oklegislature.gov%2FBillInfo.aspx%3FBill%3DHB2524%26Tab%3D0&amp;ei=KYuiT-TYMcb-2QXSz7iECQ&amp;usg=AFQjCNGpNN8MItE0aVj9hc5WIzTURv-XPA">House Bill 2524</a>. HB 2524 aims to streamline the Oklahoma Relationship Act. With a two year effort by the Oklahoma Association of Realtors and the Oklahoma Real Estate Commission the bill has made its way through the Senate and passed with 40 Ayes and 1 Nay and with with some changes. It will go back to the House where it is expected to be signed into law Governor Fallin.</p>
<h4>What are the expected changes to the Oklahoma Broker Relationship Act?</h4>
<p>Before we dive into the new language let&#8217;s take a look at the language that was added back in 2000. The law back then authorized two types of broker relationships, a &#8220;transaction broker&#8221; and a &#8220;single-party broker&#8221;.</p>
<p>A <strong>transaction broker</strong> was defined as “a broker who provides services by assisting a party in a transaction without being an advocate for the benefit of either party.” In other words their function was to act as a facilitator to help and assist both seller and buyer in closing the transaction. All without favoring one party over the other.</p>
<p>A <strong>single-part broker</strong> was defined as a broker who entered into a written agreement with a party in a transaction to provide services for the benefit of that party. A single-party broker represented just his client and worked very much like a traditional agent. A single-party broker could obtain permission from either part to work as a transaction broker.</p>
<p>Not only that but a broker could be a  single-party broker to one party and a transaction broker to another.</p>
<p style="text-align: center;"><strong>ARE YOU CONFUSED YET?</strong></p>
<p> Well if you are so were hundreds of other.  Lots of confusion with both consumers and licensee about how the law really works out in the field.  Most of the confusion was in the differences between single-party brokers&#8221; and &#8220;transaction brokers&#8221;, the responsibilities of each and the effectiveness of how it was conveyed to the consumer.</p>
<h4>Introducing House Bill 2524</h4>
<p>HB 2524 should eliminate the confusion by removing the two type of agency &#8220;single-party broker &#8221; and &#8220;transaction broker&#8221; and replacing it with a single broker definition that states each agent will have the same duties and responsibilities regadless of the transaction.</p>
<p>Lisa Noon, CEO of OAR said the bill will help clarify how a licensee would perform when involved with one party or both parties in a transaction.</p>
<p>No longer will there be a &#8220;single-party broker&#8221; or a &#8220;transaction broker&#8221;. Everyone will be a broker with the identical duties and responsibilities.  An agent can still work with one party or both and those responsibilities and duties will be outlined in the brokerage agreement between the agent and their client.</p>
<p>If the bill becomes law it will take effect on November 1, 2013.</p>
<p>To see the entire bill C<a href="http://www.google.com/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=2&amp;ved=0CCoQFjAB&amp;url=http%3A%2F%2Fwww.oklegislature.gov%2FBillInfo.aspx%3FBill%3DHB2524%26Tab%3D0&amp;ei=KYuiT-TYMcb-2QXSz7iECQ&amp;usg=AFQjCNGpNN8MItE0aVj9hc5WIzTURv-XPA">lick Here</a></p>
<p>Add your comments below and if you like this article please share it on Facebook. If you&#8217;re still a bit confused shoot me an email and I will help anyway I can.</p>
<p>&nbsp;</p>
<p>The post <a href="http://rayromanrealty.com/oklahoma-broker-relationship-act-are-you-confused/">Oklahoma Broker Relationship Act &#8211; Are You Confused?</a> appeared first on <a href="http://rayromanrealty.com">Ray Roman Realty</a>.</p>]]></content:encoded>
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