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February 14, 2006   




Happy Valentine's Day!

ATTENTION BROKERS/SALES MANAGERS. . . Beginning THIS WEEK, you will be receiving a new one-page publication, Broker Beat, from PGCAR via fax. The purpose of this tool is to assist you by providing talking points and vital information that needs to be passed onto all agents in your sales meetings. This will be a bi-weekly publication. As always, we invite your feedback at info@pgcar.com.

 
RESULTS FROM PREVIOUS ONLINE POLL:

Would you mind advertising in REALTOR® Connection?YES: 43%NO: 57%
Should it be limited to affiliate members only?YES: 63%NO: 27%

 
 
1. What PGCAR events will you attend this year?
(check all that apply)
 Awards Luncheon
 RPAC Fundraiser
 Volunteer Recognition Luncheon
 Installation
 Holiday Party

 
ANNUAL RPAC FUNDRAISER
RPAC Randy is helping us wrangle up RPAC donations in 2006. RPAC is insurance for your livelihood. All money is used to support officials, candidates and issues that make Prince George's County and Maryland more conducive for real estate business. By donating to RPAC, you're sending public officials the message that REALTORS® are politically active, have a strong united voice and mean business. Look forward to hearing more from RPAC Randy but in the mean time sign up for our Annual RPAC Fundraiser by clicking here.
POKER DEALERS WANTED
Texas Hold'em games will be held to benefit RPAC at the PGCAR office as well as some of the RPAC Committee members' offices. But first, we need experienced players to be card dealers. Anyone interested in slinging cards for a good cause may contact Joan Ostenso at jostenso@pgcar.com or 301-306-7900. Watch for more details coming soon.


ANNUAL RPAC FUNDRAISER
The Annual RPAC Fundraiser will be held at the La Fontaine 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.

Click here for an Outlook reminder for the Annual RPAC Fundraiser

the Event Flyer the Sponsor's Package

 
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.

GET YOUR TICKETS NOW!—AWARDS LUNCHEON REGISTRATION NOW OPEN!. . . The Awards Luncheon will be held at the La Fontaine Bleu on March 16 at 11:30 a.m. to 3 p.m. TICKETS:

  Through March 10: $25 for PGCAR Members/$40 for Non-members
After March 10: $50 for PGCAR Members/$65 for Non-members

 
2006 Public Awareness Campaign Launched. . . NAR radio ads, which began airing February 6, stress the REALTORS® Code of Ethics and difficulties of unrepresented selling. The spots are running on local radio (including ABC & CBS networks and ESPN Radio Major League Baseball), and on XM Satellite Radio's Public Radio Channel on the show of award-winning journalist Bob Edwards. TV ads will run starting March 7. Read more...

TOOLS FOR YOU:

 
NAR Praises President for Backing Small Business Health Care
NAR President Thomas M. Stevens commended President George W. Bush and Congress for their commitment to lowering the health care costs for small business people and said he looks forward to working with Senate leaders to make small business health plans a reality this year. President Bush called on Congress to make sure "individuals and small-business employees can buy (health) insurance with the same advantages that people working for big businesses now get" during last night's State of the Union address. The president signaled his strong support for small business health plans in his State of the Union speech and in follow-up statements. For more information, click here.

 
FEBRUARY REALTOR® STORE FEATURED ITEM
— REALTOR® Mini Optical Mouse —

While supplies last, buy a REALTOR® Mini Optical Mouse for only $20.00 each!
Through March 1 in the PGCAR REALTOR® Store. Don't delay — buy today!

 
TAX TIPS FOR YOUR CLIENTS. . . Be prepared for your clients and questions this tax season with this easy to read and understand breakdown of various tax issues related to owning a home. Click here for more information.

Mortgage Rates Inch Up This Week
The national average commitment rate on a 30-year, fixed mortgage rose slightly for the third consecutive week to 6.24 percent from last week's average of 6.23 percent, according to Freddie Mac. Read more >>

Helped Buyers on the Margin? REALTOR® Magazine Wants To Hear From You!
REALTOR® Magazine wants to know if you have helped first-time buyers get into homes they didn't think they could buy.   Read more >>

 
Mark Your Calendars: 2006 NAR Midyear Meetings & Trade Expo in DC, May 17-19. . . Don't miss your opportunity to test-drive the latest mobile, home and office technology. Check out the latest sales and marketing tools to increase your bottom line. Learn more about products to keep you in touch with your prospects and make your presentations memorable. The trade expo features more than 200 companies with products for all real estate specialties including computer hardware, software, Internet products, sales and marketing tools, financial programs, education products and much more! And look for the New Product Showcase making its debut at Midyear. Admission is FREE to all REALTORS®. Complete details and online registration will be available on www.REALTOR.org/Midyear.nsf beginning Wednesday, February 15. Read more...

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

Date Course Title Instructor   Time   Hours
Feb 23 Taxes — Save Money if You’re a REALTOR® - Association Office Linda de Marlor 10:00 am -
11:30 am
1.5
MD Only
Feb 24 Contracts - Association Office
Only a few seats left!
Stu Stern 9:30 am -
12:30 pm
3
MD & DC
New Agent Survival - Association Office Stu Stern 1:30 pm -
4:30 pm
3
MD & DC
March GRI IV Series Various 8:30 am -
4:00 pm
30

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 for a full schedule.

 
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 >>

Space DeadlineTuesday, Feb. 28
Ad Copy DeadlineTuesday, Feb. 28
Publication DateThursday, Mar. 16

The Gazette also selects an office every month going above and beyond the call of duty to support our communities — for a FREE 3/4 page ad highlighting their community involvement. Should your office be spotlighted? If so, 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 #17-2: Dispute Between REALTORS® In Different Boards

REALTOR® A cooperated in the sale of a commercial property with REALTOR® B, the listing broker. REALTOR® A is a member of the XYZ Board of REALTORS®, and his office is located in the XYZ Board. Both the property and REALTOR® B's office are located within the jurisdiction of the ABC Board of REALTORS® where REALTOR® B is a member. A dispute arose between REALTORS® A and B over the division of the commission.

REALTOR® A filed a request for arbitration with the Professional Standards Committee of his Board. The President of the Board, when advised of the contractual dispute, subsequent to the Grievance Committee finding the matter arbitrable and of a mandatory nature, notified the President of REALTOR® B's Board and requested interboard arbitration in accordance with Article 17 of the Code of Ethics. The arbitration request was brought before the Grievance Committee of REALTOR® B's Board which also determined that the dispute was arbitrable and of a mandatory nature.

One week before being notified of his Grievance Committee's decision, REALTOR® B filed suit against REALTOR® A. The Board of Directors of the ABC Board notified REALTOR® B to appear and answer to a charge of violation of Article 17 when REALTOR® B did not withdraw the suit subsequent to being informed that both Grievance Committees had found the issue arbitrable and mandatory.

REALTOR® B described his contractual dispute to the Directors and stated that he knew REALTOR® A had requested arbitration because he had received a copy of the request. REALTOR® B maintained that he had filed suit because REALTOR® A was in another Board's jurisdiction and he did not think anything would come of the request since he, REALTOR® B, was not a member of XYZ Board.

REALTOR® B was advised that since both Grievance Committees had determined the matter was arbitrable and mandatory that interboard arbitration was being scheduled to hear the dispute. The Board of Directors concluded that his action in filing suit was not in itself violation of Article 17 but advised REALTOR® B that if he failed to withdraw from the suit and participate in the interboard arbitration, he could be found in violation of Article 17.

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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