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October 25, 2006

 

Our Annual Legislative Breakfast will be held November 30 at the Greenbelt Marriott at 8 a.m. This annual event provides a forum for REALTORS® to meet with their county legislators to discuss current and proposed legislation affecting real estate and private property rights in Prince George's County. Please take advantage of this important opportunity by registering to attend. The cost is only $17.50 per person. Register now!

 
ANNUAL HOLIDAY GALA SCHEDULED FOR DECEMBER 12

Mark your calendars and register here for PGCAR's Annual Holiday Party which will be held on Tuesday, December 12 at 6 p.m. The Holiday Committee is busy planning another fun-filled evening for PGCAR members and their guests... DJ, caricaturist, palm reader, door prizes, food, drink and always much, much more!

ALSO, this year we will again be collecting:

  • Coats for the needy, and
  • Food for the hungry
Help this year's campaign be the biggest ever! Please begin collecting these items in your office and deliver to the association office NO LATER THAN Friday, December 15, or bring them with you to the Holiday Party.

 




Harry Connick, Jr.
Sunday, November 12
H U R R Y !
NARdi GRAS IS ONLY
TWO WEEKS AWAY!

Register today to attend NARdi Gras, the REALTORS® Convention and Expo in New Orleans on November 10-13. Come for the largest real estate expo in the country and stay for the hundreds of sessions to help you move your business forward, despite the slower market.

Featured speakers at the General Session will be former Presidents George H. W. Bush and Bill Clinton. This year's convention also provides many volunteer opportunities to help rebuild the Gulf Coast after Hurricane Katrina. Log onto www.realtor.org/convention.nsf, to check out the volunteer opportunities and events and register today.

Advance Registration has been extended to October 30 for your convenience.

Click Here for more information or to Register!

 
DUES BILLING

Membership renewal notices have been mailed out and may be paid online with a credit card. Dues must be received no later than November 30 in order to prevent a late charge.

Click here and log in to view, print, and pay your dues renewal online!

 
WOOF!

Thirty-nine percent of U.S. households own a dog, so it would be wise to "bone up" on issues involving pets and property. Read more >>

 
NAR Launches "Home From Work" Campaign

NAR has created an affordable housing program designed for public and private sector workers. The "Home From WorkTM" campaign encourages and trains REALTORS® nationwide to work with businesses to develop employer-assisted housing benefit plans for their workers, including home buying workshops, one-on-one housing counseling, and financial incentives. Click here to read more about this new program.

 
2006 APPRAISAL INFORMATION NEEDS SURVEY RESULTS

This survey was conducted in August 2006 in order to understand how Appraiser members conduct their business, obtain appraisal industry information, and make decisions on their appraisal education and designations. Read more >>

 
NEW CONTRACT FORMS FOR PRINCE GEORGE'S

Prince George's County has revised and added several forms in 2006 to meet new DLLR and County legislation, disclosure requirements, and other legal changes. For example, the Residential Sales Contract along with 4 other forms have all been updated as of October 1, 2006. The below are just a few of the County changes from this year. All new forms are available in the PGCAR.com Members Only section and on ZipForm. Do a Forms Check-up to make sure you have all of the latest!

New Prince George's Contract Forms
Revised Since July 2006

 

Code of Ethics Case Study
Case #17-11: Appeal of Grievance Committee Decision
REALTORS® A and B were partners in a building company. They both held membership in the XYZ Board of REALTORS® and were participants in the Board's Multiple Listing Service. After many successful years, they decided to terminate their partnership, with REALTOR® A continuing the building business and REALTOR® B forming a new residential brokerage company. As part of their termination agreement, REALTOR® B agreed not to build new homes in the XYZ Board's jurisdiction for a period of 12 months.

Six months later, REALTOR® A filed a written request for arbitration with the Secretary of the XYZ Board of REALTORS®. In his request, REALTOR® A outlined the terms of their partnership termination agreement pointing out that REALTOR® B had continued to build new homes in violation of their agreement. REALTOR® A demanded that the Board take action to enforce the agreement and compel REALTOR® B to refrain from any further construction.

The Board Secretary forwarded the arbitration request to the Grievance Committee for review. After review, the Grievance Committee found the matter not properly arbitrable.

REALTOR® A was upset with the Grievance Committee's decision and appealed to the Board of Directors. The Board of Directors noted that Article 17 of the Code of Ethics requires arbitration of disputes "...between REALTORS® associated with different firms arising out of their relationship as REALTORS®."

If REALTOR® A were requesting arbitration of a dispute arising out of a real estate transaction (such as a dispute concerning entitlement to commissions or subagency compensation), this would be a properly arbitrable matter. However, the Directors noted that the dispute in question related to provisions of a partnership termination agreement which the Board had no authority to enforce. The Directors advised that while the Board's arbitration facilities were available to settle disputes between members, buyers and sellers related to real estate transactions, the Board's authority did not extend to ordering performance of contracts since this was properly the privilege of the courts.

 
Supra Updates "ShowingValue" to Keep up With Increased Demand

With the growing popularity of the Supra iBoxes and KeyBoxes, the ShowingValue email system has overloaded Supra's network and voice servers. To meet the increased traffic demands, GE has announced that it will take multiple steps, including upgrading the ShowingValue servers, to provide quicker response times over the next month. For more information, Click Here.

 
Be Featured As One of REALTOR® Magazine's 30 Under 30

Rising stars of real estate will be featured in REALTOR® Magazine's "30 Under 30" feature in June 2007. Criteria include business success, leadership, and ingenuity. Nominees must be NAR members and must be 29 years old or younger as of May 31, 2007. You may nominate a colleague, or members may nominate themselves. Application deadline is January 16, 2007. For more information and to access the application form, Click here.

 
CONTINUING EDUCATION

November 9 Real Estate Tax Issues Linda de Marlor 10:00 am - 11:30 am 1.5 CEU
MD & DC elective

November 15
MD Legislative Update Don Martin 9:30 am - 12:30 pm 3 CEU
MD Req. & DC elective
MD Fair Housing Update Don Martin 1:30 pm - 3:00 pm 1.5 CEU
MD Req. & DC elective

November 16
MAR Contract Highlights Stu Stern 1:30 pm - 3:00 pm 1.5 CEU
MD elective only
REALTOR® Etiquette & Professional Courtesies Stu Stern 3:15 pm - 4:45 pm 1.5 CEU
MD elective only

November 17
MD Real Estate Ethics Don Martin 9:30 am - 12:30 pm 3 CEU
MD Req. & DC elective
Lead Based Paint Legislation Walter Clews 1:30 pm - 4:30 pm 3 CEU
MD Req. only

December 7
MD Legislative Update Don Martin 9:30 am - 12:30 pm 3 CEU
MD Req. & DC elective
MD Fair Housing Update Don Martin 1:30 pm - 3:00 pm 1.5 CEU
MD Req. & DC elective

December 8
Home Inspections & Environmental Issues Walter Clews 9:30 am - 12:30 pm 3 CEU
MD & DC elective
Stigmatized Properties Tony Kinch 1:30 pm - 3:00 pm 1.5 CEU
MD elective only

December 13
What Every REALTOR® Should Know About Mortgages Michael Chelst 9:30 am - 12:30 pm 3 CEU
MD elective only
Maintaining Proper Records Prabhjit Singh 1:30 pm - 4:30 pm 3 CEU
MD elective only

December 15
MD Real Estate Ethics Don Martin 9:30 am - 12:30 pm 3 CEU
MD Req. & DC elective
Real Estate Tax Issues Linda de Marlor 1:00 pm- 2:30 pm 1.5 CEU
MD & DC elective

SPOTLIGHT SPECIAL

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!

Article Deadline Tuesday,
Nov. 14
  Space Reservation
& Ad Copy Deadline
Wednesday,
Nov. 15
  Publication
Date
Thursday,
Nov. 30

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.


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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