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July 19, 2006

 
NEW MANDATORY DISCLOSURE FORMS

REALTORS® transacting business in Prince George's County Maryland should be aware of two recently enacted laws requiring mandatory disclosure notices. Both laws affect all residential sale transactions. Both require separate disclosure forms... Read more >>

Other forms have also been recently updated. A full listing will be available in PGCAR.com Members Only soon.

 
CREDENTIALS COMMITTEE APPROVES SLATE FOR 2007

The Credentials Committee has approved the slate for the 2007 Officers and Directors. It is as follows:

President - Donald Frederick, RE/MAX 100
President-Elect - Linda Simpson, Weichert, REALTORS®
Vice President - Michael Cerrito, Cerrito Realty
Ruth Wright, The Wright REALTOR®

Candidates for Director positions (4 to be elected) are as follows:

Directors - John Allen, Neighbors Realty
William Ampofo, REALTOR®'s Choice LLC
Alease Bowles, RE/MAX 100
Titus Folayan, Long & Foster Real Estate
Arthur Greene, Long & Foster Real Estate
J. C. Hooker, Rhonda Richardson, REALTORS®
Cassandra "Casey" Lewis, Murrell, Inc.
L. Chuck Ottley, Dominion Realty Group
Emerick Peace, Keller Williams Preferred Properties
Willie Rhone, Weichert, REALTORS®

Ballots are being mailed to every voting member this week. This year you will have a choice to vote by mail or online at www.pgcar.com. Watch your inbox, or visit PGCAR.com Friday afternoon for the announcement of our eVote opening! The Annual Installation Dinner will be held on September 12 at Tantallon Country Club at 6 p.m. Mark your calendar now!

 



STAR-STUDDED REALTORS®
CONFERENCE & EXPO IN NEW ORLEANS!

  • New technology, marketing ideas, and more at the much acclaimed annual REALTORS® Expo!
  • Classes, seminars, focus sessions on specialty areas -- an opportunity to hear and learn from those who have been there, done that!
  • New Orleans' own popular pianist, singer and bandleader Harry Connick Jr. as featured act of the Celebrity Concert on November 12.
  • More than 30,000 REALTORS® and guests who are expected to inject more than $34 million into the local economy during the November 9-13 conference.
  • Do you want to HEAR about the special REALTOR® NARdi Gras we'll enjoy on Bourbon Street Saturday night, or actually be there?
  • Read more and register for best hotel selection and conference pricing now >>
Keynote Speakers:

Presidents Bill Clinton and
George H. W. Bush


Early Bird savings extended to August 1st

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

 
EARLY BIRD DEADLINE: AUGUST 1

MAR Conference & Trade Expo
September 17-20 in Ocean City

Join fellow REALTORS® and colleagues at the annual conference right in your own backyard. Professional development and continuing education courses offered. Networking events all three days. A HUGE trade show showing off all the new services and products to put your career in the fast lane. Sign up now!

COST:
Members: 3 days for $200, Tuesday only for $115
  Non-members: 3 days for $315

WHILE AT THE MAR CONFERENCE . . .Don't miss the "Rehoboth Beach Outlet Mall Shopping Excursion"
A chartered bus will depart the Convention Center at NOON SHARP on Sunday to the Rehoboth Beach Tanger Outlet Mall for an afternoon of tax free shopping. Enjoy a boxed lunch while en-route to the Outlets! An Outlet host will greet you and will provide a coupon book for an added shopping value. The bus will depart at 4:30PM SHARP to return you to the Convention Center in Ocean City. Cost for this afternoon of shopping is $10 (includes your seat on the bus and boxed lunch). Seating is limited.

 
PUBLICATIONS FOR BROKERS/MANAGERS

Ever find yourself scrambling for information to teach newer agents? In a jam before a sales meeting? Would you like tips delivered to your e-mail inbox? Try subscribing to these e-newsletters:

 
UPCOMING CONTINUING EDUCATION CLASSES

The GRI Series 100 sold out — plan ahead and register now for October's GRI Series 200!

Date(s) Course Title Instructor   Time   Hours
July 19, 21, 26 GRI 100 Series SOLD OUT 30
July 20 What Every REALTOR® Should Know About Mortgages Michael Chelst 9:30 am - 12:30 pm 3
MD elective
July 27 MD Real Estate Ethics Don Martin 9:30 am - 12:30 pm 3
MD required & DC elective
August 2 Creating Leverage for Your Buyer Matt Tove 6:00 p.m. - 9:00 p.m. 3
Elective, MD & DC

August 3
Contracts Al Monshower 9:30 am - 12:30 pm 3
Elective, MD & DC
Legal Update / Advertising Obligations Al Monshower 1:30 pm - 4:30 pm 3
MD required & DC elective

August 11
MD Legislative Update Don Martin 9:30 am - 12:30 pm 3
MD required & DC elective
Fair Housing Don Martin 1:30 pm - 3:00 pm 1.5
MD required & DC elective

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.

 
MAR LEADERSHIP ACADEMY APPLICATIONS DUE AUGUST 1

The MAR LEADERSHIP ACADEMY is dedicated to broadening and enhancing the leadership skills and capabilities of a blend of real estate professionals to prepare them to assume leadership roles within the industry and community. Participation is open to all REALTOR® members and affiliates. This 8-month-long learning experience is designed to train, nurture and inspire tomorrow's leaders. Do you have what it takes to be a leader? Click here to download an application.

 
REQUEST FOR PROPOSALS

SECTION 8 HOUSING QUALITY STANDARDS INSPECTIONS PROPOSAL DUE DATE AND TIME:
July 21, 2006 at 4:00 P.M. (EST)

Public Notice is hereby given that the Housing Authority of Prince George's County (HAPGC), Maryland will accept proposals from individuals or firms interested in providing Section 8 Housing Quality Standards Inspection Services for the Housing Authority. Copies of the Request for Proposals (RFP) are available daily, Monday through Friday, 9:00 a.m. until 5:00 p.m. beginning on Thursday, June 29, 2006 through the proposal due date July 21, 2006. The RFP is available at the HAPGC, 9400 Peppercorn Place, Suite 200, Largo, Maryland 20774.

All proposals must be submitted to:
THOMAS M. THOMPSON, EXECUTIVE DIRECTOR
HOUSING AUTHORITY OF PRINCE GEORGE'S COUNTY
9400 PEPPERCORN PLACE, SUITE 200
LARGO, MARYLAND 20774

SPECIAL FOR THE AUGUST SPOTLIGHT


The Official Homes Section of The Prince George's County Association of REALTORS® brought to you by The Gazette. This is a special pullout FULL COLOR supplement reaching over 127,000 homes and businesses in Prince George's County.

Internet Upgrade Special:
That's right, when you buy a print ad, you receive an online advertisement for only $50! If you are interested in writing an article or placing an ad, please contact Heidi Lamere at 301-731-2134, 240-888-7509 or hlamere@gazette.net.



Click here to check out the AUGUST ADVERTISING SPECIALS!

Article Deadline Monday,
August 7
  Space Reservation
& Ad Copy Deadline
Tuesday,
August 8
  Publication
Date
Thursday,
August 24


 

Code of Ethics Case Study
Case #1-3: Net Listing
Client A called REALTOR® B to list a small commercial property, explaining that he wanted to net at least $170,000 from its sale. He inquired about the brokerage commission and other selling costs. REALTOR® B's response was: "You have indicated that $170,000 net to you from the sale will be satisfactory. Suppose we just leave it at that and take all of the selling costs and proceeds of the sale above $170,000." Client A agreed.

The property was sold to Buyer C for $220,000. After settlement, in which it was apparent that $50,000 would go to REALTOR® B as commission, Client A and Buyer C both complained to the Board of REALTORS® about REALTOR® B's conduct in the matter, and a hearing was scheduled before the Board's Professional Standards Committee. REALTOR® B's defense was that he had performed the service that Client A engaged him for precisely in conformance with their agreement. Buyer C had considered the property a good buy at $220,000 and was happy with the transaction until he learned the amount of the commission.

The Hearing Panel found REALTOR® B in violation of Article 1 of the Code. The panel concluded that REALTOR® B had departed completely from his obligation to render a professional service in fidelity to his client's interest; that he had, in fact, been a speculator in his client's property.

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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