BLACK HILLS ASSOCIATION OF REALTORS BOARD OF DIRECTORS January 11, 2013 Approved Call to Order: President Kelly Howie

called the meeting to order at approximately 8:15 a.m. in the Association Office. All officers and directors were present. Pledge of Allegiance: The Pledge of Allegiance was said. REALTOR Pledge The REALTOR pledge was said. Agenda: Stuart Martin made a motion to approve the agenda as amended. Lisa Mueller-Cox seconded the motion, which passed unanimously. Minutes: It was noted the December 14, 2012 minutes were approved by email vote and have been distributed. Membership Applications: New REALTOR/Appraiser: Jamie Nowlin, Century21 ClearView Realty Tina Voth, Exit Realty the Benchmark Co. Christin (Chrissy) Uhre, VIP Properties Drew Yeoman, VIP Properties Marvin Matkins, Matkins Realty (formerly MLS Only) Sheralin Groves, Matkins Realty (formerly MLS Only)

Stuart Martin moved to approve the applications pending completion of all membership requirements. Lisa Dorsey seconded the motion, which passed unanimously. Financial Report: Stuart Martin presented financial statements for December noting that CPA end of year adjustments will be included following filing of income tax return. He then moved to receive as presented. Bart Miller seconded the motion, which passed unanimously. Unfinished Business: Affiliate Sponsorship Update: Directors were asked for updates on their 2013 sponsorship assignments. It was noted that the March, November and December breakfasts, along with one RPAC event were still available. New Business Committee Reports: Education: Kelly Howie reported that the Education Committee had been sunset due to lack of need. Travel Reimbursement Item: Directors were asked about reimbursement for travel expenses received beyond the 30 day requirement. Sheila Tom moved to approve reimbursement; Shawn Wood seconded the motion which passed unanimously. Strategic Plan Proposal: The Executive Committee provided a proposed update to the current Strategic Plan. Bart Miller moved to approve the recommendations as presented. Ed Dreyer seconded the motion, which passed unanimously. Other: Ed Dreyer gave an overview on the upcoming education and Chili-Oyster event in Pierre, January 29 and 30. Kelly Howie briefly discussed the Member Benefits flyer. SentriLock Update reviewed spreadsheet. No action is needed at this time. Mediation/ethics, membership numbers and meeting attendance, and under contract information were provided to the group.

Lisa Mueller-Cox moved to adjourn the meeting; Ron Balster seconded the motion which passed unanimously.

Amy Bochman Executive Vice President Black Hills Association of REALTORS