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May 9, 2006

Thank you to all who made our annual REALTOR® Expo and Trade Show a success.
As always, we invite your feedback on how to improve for next year!

 
NEXT WEEK!
NAR MIDYEAR MEETINGS & TRADE EXPO
FREE Registration for all REALTORS®

Register and make hotel reservations now for the REALTORS® Midyear Legislative Meetings & Trade Expo, May 15-20, in Washington, DC. Hurry--reservations for hotels near the conference sell out quickly. Click here for the schedule.

 

GOOD NEIGHBOR AWARD DONATIONS INCREASED TO $10,000

Make sure all of your fellow REALTOR® members know that Good Neighbor Award nominations are soon due. Please feel free to nominate yourself or any members who should be recognized for their volunteer work, or pass this information along to them.

This year, the five winners will receive grants of $10,000 for their community cause, as well as travel expenses to attend the REALTORS® Conference & Expo in New Orleans, where the awards will be presented. Entries must be received by May 26.

For more information and an entry form, click here.

Keynote Speakers:

Presidents Bill Clinton and
George H.W. Bush


If you have never attended a NAR Conference & Expo,
you HAVE TO attend this one!


For a preview of the annual REALTOR® Conference & Expo, go to the Midyear Legislative Meetings & Trade Expo, May 15-20, in Washington, DC!

Click here for info on the NAR Conference & Expo in New Orleans.

 
BASICS OF SPANISH FOR REALTORS®
Special return engagement-6-session course!
Instructor Luis Lama returns to PGCAR to teach real estate agents the basics of communicating with the growing market of Hispanic homebuyers. The cost of the series will be $175 for REALTORS® and $300 for non-REALTORS®. Price includes all materials for the class plus the book, "Bienes Raices: An English-Spanish Real Estate Dictionary". Registration limited to only 45 students. Course dates are:

Wednesdays     June 14, 21 and 28     July 5, 12 and 19     4 to 7 p.m. each day

Click here to Register Now!

 
FINAL CHANCE - WE NEED TO KNOW!

PGCAR will once again recognize all members who contribute to making their community a better place to live and work. BUT WE NEED TO KNOW WHAT YOU DID FIRST BEFORE WE CAN RECOGNIZE YOU!!!

Please CLICK HERE to download and fill out a quick volunteer questionnaire and return to PGCAR promptly.

Our annual Volunteer Recognition Ceremony will be held on June 1 at La Fontaine Bleu from 5 to 7:30 p.m. Only those who serve on association committees and those who fill out a volunteer questionnaire will be invited.

UPCOMING CONTINUING EDUCATION CLASSES

Date(s) Course Title Instructor   Time   Hours
May 12 MD Legislative Update Don Martin 9:30 am - 12:30 pm 3
MD & DC
MD Fair Housing Don Martin 1:30 pm - 3:00 pm 1.5
MD & DC
May 18 What Every REALTOR® Should Know about Mortgages Michael Chelst 9:30 am - 12:30 pm 3
MD Only
May 26 MD Real Estate Ethics Don Martin 9:30 am - 12:30 pm 3
MD & DC
June 14, 21, 28
July 5, 12, 19
Basics of Spanish for REALTORS® Luis Lama 4:00 pm - 7:00 pm -
July 10, 13, 19, 21, 26 GRI 100 Series 8:30 am - 4:00 pm 30

Registration fee for REALTORS® is only $25 for 3 hours of credit and $15 for 1.5 hours of credit. Above classes are limited to the first 45 registrants. For reservations made less than 3 days prior to a class, please add $15 to the Tuition Fee. ABSOLUTELY 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 the latest schedule.


Code of Ethics Case Study
Case 3-4: Cooperation Not Mandatory
Client A called on REALTOR® B to list a small commercial property. In stipulating the price at which he wished to list the property, Client A explained that he was aware that it was a relatively low price, but he wanted a quick sale and, he added, a higher price could benefit very little at that time because of certain tax considerations. He told REALTOR® B that a number of prospective buyers had spoken to him about the property within the past year. He gave their names to REALTOR® B and said he felt sure that among them there would be a ready buyer at the price. He told REALTOR® B that he wanted the property submitted to them first.

The next day, REALTOR® C, who had unsuccessfully solicited the listing and learned that the property was listed exclusively with REALTOR® B, called REALTOR® B to ask that he be accepted as a cooperating broker. REALTOR® B told REALTOR® C that because of the circumstances the best service to his client did not require cooperation; that a prospective buyer was at that time seriously considering the property; and that under the circumstances he preferred not to invite cooperation.

REALTOR® C complained to the Board of REALTORS® charging REALTOR® B with a violation of Article 3 by refusing to cooperate. Pursuant to the complaint a hearing was scheduled before a Hearing Panel of the Board's Professional Standards Committee.

During the hearing, REALTOR® B outlined fully the circumstances under which the property had been listed by him, and maintained that the interest of Client A would not be advanced by acceptance of cooperation by REALTOR® C.

The panel concluded that REALTOR® B's reasons for not accepting cooperation in this instance were valid and that this action did not constitute a violation of Article 3.

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  :  ©2006, PGCAR

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