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January 3, 2006   




 
2006 EVENT DATES ANNOUNCED. . .

2005 PRODUCTION AWARDS COMPETITION. . . 2005 Awards Rules and Entry Forms have been mailed to all offices. This year's entries must be received NO LATER THAN 5 P.M. ON JANUARY 31. No exceptions! This will be the last PGCAR production-based awards competition. If you would like an awards package sent to you, contact the association office at 301-306-7900. The Awards Luncheon will be held at the LaFontaine Bleu on March 16 at 11:30 a.m. More information coming soon.
Click to download an Outlook reminder for the Entries deadline

NEW MEMBER ORIENTATION. . . The next New Member Orientation will be held at LaFontaine Bleu on January 19 at 11:30 a.m. All new members who have joined the association since January 2004 and HAVE NOT ATTENDED a New Member Orientation MUST ATTEND. Many of PGCAR's Affiliate Members attend the Orientation to provide information and introduce new members to their services. Lunch is served at 11:30 a.m. followed by a program which explains membership and the responsibilities of the association's committees. The orientation is concluded with the 3-hour required Ethics class. If you have not attended the New Member Orientation and require a registration form, please contact the association office at 301-306-7900.
Click here for an Outlook reminder for New Member Orientation

ANNUAL RPAC FUNDRAISER. . . The Annual RPAC Fundraiser will be held at the LaFontaine Bleu on April 19. The Fundraiser will have a country/western theme and there will be something for everyone. The committee is hard at work securing items for the silent auction, which always features wonderful items to bid on. Brought back by popular demand is the Texas Hold'em Poker competition. This year we will have a beginners table-no need to be shy if you're not an experienced player. More information coming soon.
Click here for an Outlook reminder for the Annual RPAC Fundraiser

REALTOR® EXPO AND TRADE SHOW. . . Join us on May 4 at the Equestrian Center in Upper Marlboro for PGCAR's Annual REALTOR® Expo and Trade Show. In addition to over 50 exhibits, those attending will be able to get 6 hours of continuing education. Mark your calendar now and plan to attend.

 
  POSTAL RATES INCREASE SUNDAY, JANUARY 8. . . Before you mail that next farming campaign, take note! Effective January 8, the following fees will be charged:
  • First-Class Mail Letter (1 oz.) -- 39˘
  • First-Class Mail Letter (2 oz.) -- 63˘
  • Postcard -- 24˘

For complete details on rate and fee changes, please click here.

 
2005 YEAR IN REVIEW/2006 PREVIEW. . . The annual press conference of metro area REALTOR® associations was held in mid-December. In summary:
 
  • NAR: Market cooling; no 'bubble,' more like a balloon
  • 2005 was a strong performance; 2006 will still be a historically great year
  • New commercial & residential projects have Prince George's County becoming the next address
  • Still a region on the move!
  • Prince George's County will remain the most affordable in metro area, but…
  • Crime has to be dealt with

To view the complete PGCAR presentation, click here.

 

 
"SALESPERSON" NOT NEEDED IN MOST ADVERTISEMENTS. . .
The Attorney General issued "Advice of Counsel" stating that the terms "salesperson, associate broker, or broker" are not required to be included in most real estate advertisements. The memo states that the terms are only required in advertisements when a real estate licensee sells a property in which the licensee has a personal interest, or when the licensee seeks a personal interest in a property.

Although the Real Estate Commission will no longer require the use of a licensee designation in advertisements, licensees should not use any term to describe themselves that could be considered misleading. As an example, the terms agent, REALTOR® or licensee would not be misleading, though the term "associate" would be if the licensee did not hold an associate broker's license. For more information, contact Bill Castelli, Mark Feinroth or Chuck Kasky at 1-800-638-6425, or e-mail them at Bill.Castelli@mdrealtor.org, Mark.Feinroth@mdrealtor.org, or Chuck.Kasky@mdrealtor.org.

 
MAR 2006 LEGISLATIVE DAY
Wednesday, January 18, 2006 at the Loews Hotel Annapolis
. . .
REALTOR® members and guests from across Maryland are welcome to attend the FREE Legislative Day Program, which begins at 3:30 p.m. The evening reception will begin at 6 p.m. in the hotel atrium. Guests are welcome to attend for a modest $15 to cover drinks and hors d'oeuvres. Parking will be complimentary with a validated MAR coupon. The reception provides an excellent opportunity for Senators, Delegates and REALTORS® to meet and discuss issues of concern for the upcoming legislative session. For more information or to RSVP, please e-mail sheryl.bergman@mdrealtor.org or call 1-800-638-6425.

 
FINAL REMINDER. . . PGCAR no longer accepts cash for the issuance of SUPRA keys, whether a new or a replacement key. Personal and company checks as well as credit cards may be used. Thank you for your cooperation.

 
JANUARY REALTOR® STORE FEATURED ITEM
— REALTOR® Safety Kit —

Beginning January 4, 2006, and ending January 31st, receive 10% off REALTOR® Safety Kits in the REALTOR® Store. Don't delay — buy today!

 
JANUARY CONTINUING EDUCATION CLASSES . . .
There is still space available in the following classes:

Date Course Title Instructor   Time   Hours
Jan 11 REALTOR® Etiquette & Professional Courtesies - Association Office Stuart Stern 9:30 am -
11:00 am
1.5
MD Only
How to Save $10K & Your Real Estate License -
Association Office
Stuart Stern 11:30 am -
1:00 pm
1.5
MD Only
Jan 13 MD Legislative Update - Association Office
This class is required for license renewal.
Don Martin 9:30 am -
12:30 pm
3
MD & DC
MD Fair Housing - Association Office
This class is required for license renewal.
Don Martin 1:30 pm -
3:00 pm
1.5
MD & DC
Jan 20 MD Real Estate Ethics - Association Office
This class is required for license renewal.
Don Martin 9:30 am -
12:30 pm
3
MD & DC
Jan 25 Taxes – Save Money if You’re a Realtor - Association Office Linda de Marlor 10:00 am -
11:30 am
1.5
MD Only

Registration fee for REALTORS® is $25 for 3 hours of credit and $15 for 1.5 hours of credit. A $15 late fee is charged if reservations are made less than 3 days prior to any class. NO WALK-INS. For more information call Scott Miller, Education Director, at the association office 301-306-7961 or visit our website at www.pgcar.com.

 
BE IN THE SPOTLIGHT. REACH OVER 150,000 HOMES AND BUSINESSES!

The Official Homes Section of The Prince George's Association of REALTORS® — brought to you by The Gazette. A special full COLOR pull-out supplement reaching over 150,000 homes and businesses in Prince George's County!   For distribution and rates >>

Article SubmissionThursday, Jan. 5
Space DeadlineThursday, Jan. 5
Publication DateThursday, Jan. 19

As a feature in the monthly "Spotlight On Homes" supplement, The Gazette selects an office every month that goes above and beyond the call of duty to support our communities for a FREE 3/4 page ad highlighting their community involvement. We are now looking for other offices to be spotlighted. What is your office doing? If you feel your office should be highlighted over the coming months, please contact Heidi LaMere.

Call Heidi LaMere
240-888-7509 direct   301-731-2134 desk
hlamere@gazette.net

If you have an article you would like to submit, please send it to the above email address to be considered for the next upcoming issue. If you would like your office considered for the Spotlight Office, call or email your nominations.

 
Code of Ethics Case Study
Case #2-2: Responsibility for Sales Associate's Error

REALTOR® A was asked to list a neglected house that obviously needed a wide range of repairs. He strongly advised the owner that it would be to his advantage to put the house in good repair before offering it for sale, but the owner wanted it sold at once on an "as is" basis. REALTOR® A wrote a novel advertisement offering a "clunker" in poor condition as a challenge to an ambitious do-it-yourself hobbyist.

A few days later, Sales Associate B, who was not a Board member, from REALTOR® A's office showed the house to a retired couple who liked the location and general features, and who had been attracted by the ad because the husband was looking forward to applying his "fix-up" hobby to improving a home. The sale was made. Shortly thereafter, REALTOR® A was charged by the buyer with having misrepresented the condition of the property.

REALTOR® A accompanied Sales Associate B to the hearing, armed with a copy of his candid advertisement. The hearing established that the buyer fully understood that the house was represented to be generally in poor condition, but that while inspecting the house with a view to needed repairs, Sales Associate B had commented that since the house was of concrete block and stucco construction, there would be no termite worries since termites could not enter that type of construction. Sales Associate B confirmed this and his belief that the statement was correct. However, after the sale was made, the buyer ripped out a sill to replace it and found it swarming with termites, with termite damage to floors in evidence. Further questioning established that there had been no evidence of termite infestation prior to the sale, and that the sales associate had volunteered an assurance that he thought was well grounded.

REALTOR® A, prior to the conclusion of the hearing, offered to pay the cost of exterminating the building and the cost of lumber to repair termite damage in view of Sales Associate B's failure to recommend a termite inspection, which was the usual and customary practice in this area. The complainant stated that this would satisfy his completely. It was the Hearing Panel's view that while REALTOR® A's actions were commendable, and would be taken into account by the Hearing Panel, REALTOR® A was still responsible for the errors and misstatements of the sales associates affiliated with him.

The Hearing Panel concluded that REALTOR® A was in violation of Article 2.

Prince George's County Association of REALTORS®
8400 Corporate Drive  :  Suite 225 : Landover MD 20785
Phone 301-306-7900  :  Fax 301-306-8273  :  www.pgcar.com  :  ©2005, PGCAR

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