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February 26, 2008

 

REGISTER NOW FOR BEST SELECTION OF CLASSES >>

 

Are you the Rookie of the Year for 2007???
Applicant must have completed first full license year or less at the option of the applicant any time during 2007 AND must provide proof of date entrant was first licensed. Applicants are only eligible if they are a first year licensee and have not been licensed in any other jurisdiction previously. Transactions must have been completed during the first twelve (12) months of licensing. Two awards will be given, one for highest dollar volume and one for highest number of transactions. Download or print a Word or PDF application to complete and return.

All Applications Must be Received by Midnight THIS Friday, February 29th

 

Come Celebrate your fellow REALTORS®! Please plan to join us as we honor our dedication to our profession on Wednesday, March 19, 2008, from 6 to 10 p.m. at Martin's Crosswinds. It is located at 7400 Greenway Center Drive Greenbelt, MD 20770. The cost is $55.00 and the attire is "After Five."

If you would like to sponsor this event, please Click Here >>

For advertising opportunities, please Click Here >>

Reserve Your Tickets by Clicking Here >>

 
 
REALTOR® Idol Competition
and Casino Night
at La Fontaine Bleu
Tickets now available for the Tuesday, April 22 RPAC Annual Fundraiser at La Fontaine Bleu.

There will be a REALTOR® Idol Contest, Casino Games,
Texas Hold'em Poker and a Silent Auction.

Register Here for this Annual RPAC Fundraiser >>

 
 
WHAT IS AND ISN'T PROSPECTING

Sales trainers are always trying to sell their "prospecting-free systems" on worldwide speaking circuits by saying, basically, "You will never have to prospect again if you use my system." And, because salespeople secretly don't want to prospect, they readily buy into the too-good-to-be-true, no-prospecting philosophy.

Full story >>

 

 

WHAT ECONOMIC STIMULUS MEANS FOR REALTORS®

Find out what the economic stimulus package means for REALTORS®, including new loan limits, their implementation, and NAR estimates of the temporary FHA and GSE single-family loan limits.

Full story >>

 
 
SENTRILOCK UPDATE

If you have boxes that were purchased or programmed for Anne Arundel County or the MARS region, you now have TWO choices.

Now through next Wednesday, March 5: You can take them to AACAR or MARS until March 5th and have them deprogrammed. If you choose to do that, you will bring your deprogrammed boxes to PGCAR and have them programmed for PGCAR. When we convert to SentriLock, your boxes will be traded out for SentriLock Boxes.

Now through PGCAR Conversion Date: If you feel you need boxes for MARS region or Anne Arundel County, you can now come to the PGCAR Office and purchase a SentriLock Card and Reader for $155. This fee will carry you through to 1 year from our conversion day. Once you have a SentriLock Card, you can exchange your MARS or Anne Arundel Supra boxes for SentriLock Boxes. You can't get a SentriLock Box without a card because the Boxes are assigned to the card.

 
 
PGCAR CELL PHONE COLLECTION

Please donate your old cell phones to benefit the Community Service Activities of PGCAR.

PGCAR will receive payment for each donated phone. These funds will be used to help families in Prince George's County. Help us reach our goal today!!! Please drop off your old cell phones & batteries to:

PGCAR
8400 Corporate Drive, Suite 225
Landover, Maryland

OR
Call: 301-306-7900 and we will make arrangements to have them picked up.

Thank you for your participation to help our Community.

 
 
EARN YOUR GRI IN 2008

PGCAR is offering GRI Series 100, 200, and 300.
Sign up for all 3, and be eligible to earn your GRI this year!

 
 
REALTORS® HOPE TO IMPROVE STATE OF MINORITY HOMEOWNERSHIP

Charles McMillan, 2008 NAR President-elect, helped debunk some "Myths that Create Barriers to Homeownership" as part of a panel discussion attended by approximately 4,000 people. He was joined by representatives from the U.S. Department of Housing and Urban Development, the National Association of Real Estate Brokers, the National League of Cities, Neighborhood Housing Services, and Wells Fargo Bank. "Homeownership is part of the American dream," said Charles McMillan. "As the nation's leading advocate for housing issues, NAR is committed to removing disparities in homeownership and making the face of homeownership in this country look more like America."

For full story click here >>

 

 
2007 NAR POLICY ACCOMPLISHMENTS

YOUR RPAC CONTRIBUTIONS AT WORK

In 2007, NAR worked closely with the new Congress, appearing before House and Senate committees on 17 occasions to communicate REALTOR® positions on major issues. On the regulatory front NAR worked closely with the Executive Branch submitting 14 policy comment letters providing REALTOR® guidance and recommendations regarding federal policy regulations affecting the real estate industry.

Major 2007 accomplishments include:

  • Banks in Real Estate - Instead of the customary one-year provision, Congress passed a two-year ban prohibiting national banks from engaging in real estate brokerage and property management. In 2008 NAR will be advocating Congress to approve its Community Choice in Real Estate bill (HR 111/S 413).

  • Appraisal / Mortgage Reform - The House of Representatives approved legislation (HR 3915) to reform mortgage and anti-predatory lending practices. Among other things, the bill includes a nationwide licensing registry for mortgage loan originators. NAR successfully achieved a carve-out exempting persons only engaged in real estate activities from the licensing registry. NAR also successfully included provisions that strengthen appraisal independence.

    A similar bill (S 2452) has been introduced in the Senate. In 2008 NAR will advocate adoption of the appraisal provisions and retention of the carve-out if a nationwide licensing system for mortgage loan originators gains favor. NAR submitted 4 regulatory comment letters, urging regulatory agencies to prevent mortgage abuses without impairing responsible subprime lending.

  • Terrorism Insurance - NAR achieved a major victory benefiting commercial real estate when the President signed HR 2761, a measure to reauthorize the federal terrorism insurance backstop for seven years. This legislation provides the commercial marketplace the necessary certainty for coverage in the event of an act of terrorism.

  • Flood Insurance - NAR worked closely with the House and Senate to successfully move legislation reforming the National Flood Insurance Program. The House passed HR 3121 in which NAR successfully lobbied four amendments in committee. The Senate bill (S 2284) was approved by the Senate Banking Committee and is pending floor consideration. In 2008 NAR will continue to work with Congress to enact a final bill. NAR was also successful in securing $220 million for FEMA's ongoing flood map modernization efforts.

Download a PDF of NAR 2007 Accomplishments here >>

 
 
HARRINGTON SELECTED TO REPLACE BRITT

David C. Harrington has been selected by Governor Martin O'Malley to replace Senator Gwendolyn Britt, who passed away suddenly on January 12. He most recently served as Chairman of the Prince George's County Council. He will represent the 47th Legislative District (Cheverly, Landover Hills, Brentwood, Cottage City, etc.) for the remaining 3 years of Britt's term. Mr. Harrington was sworn in to the Maryland Senate at a ceremony scheduled on Friday, February 8, 2008. The Council has elected Council Member Samuel Dean (D6) to complete Mr. Harrington's unfinished term as Chairman. A special election will be held to fill the District 5 vacant council seat. Those details will be announced by the County Council in the near future.

 
COMMUNITY SERVICE — TELL US WHAT YOU'VE DONE

At this time of year, so many of our members help others, so please let us know by completing a simple online form in the PGCAR.com Community Service section or download and print the application. Whether it was adopting a family, collecting "Toys for Tots," donations to charitable organizations, or donated time at your child's school or at church, we want to know about it. This year we would like to receive a C.A.R.E. award at the MAR Convention. With your help we can do that. We just need to know:

  • Who it benefited?
  • Dollar amount collected?
  • How many hours you volunteered?

 
CONTINUING EDUCATION

You can earn ALL of Your Continuing Education requirements for both the Maryland and DC license renewals right here at PGCAR! Our Education Days are planned such that you can attend any two within your two-year licensing cycle in addition to one class held at the PGCAR offices -- and totally meet your CE requirements for license renewals. Now that's easy!

Sign up for YOUR choice of CE at next Wednesday's Education Day here. Sign up for additional classes here!


Next Wednesday, March 5
PGCAR EDUCATION DAY & EXPO
Up to 6 hours of MD and DC continuing education credits!
Various Instructors 8:00 am - 5:00 pm

Thursday, March 20
Subprime Economics
3 Elective CEU, MD Only
Prabhjit Singh 9:30 am - 12:30 pm
Maintaining Proper Records
3 Elective CEU, MD Only
Prabhjit Singh 1:30 pm - 4:30 pm

Wednesday, March 26
DC Fair Housing & Predatory Lending
3 DC Required Fair Housing CEU
Prabhjit Singh 6:00 pm - 9:00 pm

Thursday, March 27
DC License Exam Preparation
No CEU
Prabhjit Singh 6:00 pm - 9:00 pm

Friday, April 11
GRI Series I - FULL SERIES of 5 Classes
30 Elective CEU, MD & DC
8:30 am - 4:00 pm
GRI Series I - Module 101: Building a Real Estate Business
6 Elective CEU, MD & DC
8:30 am - 4:00 pm

Wednesday, April 16
GRI Series I - Module 102: Prospecting & Listing Techniques
6 Elective CEU, MD & DC
8:30 am - 4:00 pm

Friday, April 18
GRI Series I - Module 103: Fair Housing & Legal Update
6 Elective CEU, MD & DC
8:30 am - 4:00 pm

Wednesday, April 23
GRI Series I - Module 104: Basic Residential Financing
6 Elective CEU, MD & DC
8:30 am - 4:00 pm

Thursday, April 24
GRI Series I - Module 105: Marketing Methods
6 Elective CEU, MD & DC
8:30 am - 4:00 pm

 

Code of Ethics Review:
Do YOU Know What Has Changed for 2008?

Over the past two years, several updates were made to the Code of Ethics to emphasize the fact that we are responsible for being ethical and professional in all of our communications, whether they be by e-mail, verbal conversation, letters, by website, signs, or any other type of advertising. Below, you will find this year's updates to the Code of Ethics, but please take the time to review the entire REALTOR® Code of Ethics. Also view each update individually by clicking the paragraph titles below.

Strikeouts indicate deletions. Other text from Article 12 are additions.

Revised Article 12
(Deleted as Paragraph 1)
REALTORS® shall be careful at all times to present a true picture in their advertising and representations to the public. REALTORS® shall also ensure that their professional status (e.g.' broker, appraiser, property manager, etc.) or status as REALTORS® is clearly identifiable in any such advertising. (Amended 1/93)

(Added as Paragraph 1)
REALTORS® shall be honest and truthful in their real estate communications and shall present a true picture in their advertising, marketing, and other representations. REALTORS® shall ensure that their status as real estate professionals is readily apparent in their advertising, marketing, and other representations, and that the recipients of all real estate communications are, or have been, notified that those communications are from a real estate professional. (Amended 1/08)

New Standard of Practice 12-12
REALTORS® shall not:

  1. use URLs or domain names that present less than a true picture, or
  2. register URLs or domain names which, if used, would present less than a true picture. (Adopted 1/08)

New Standard of Practice 12-13
The obligation to present a true picture in advertising, marketing, and representations allows REALTORS® to use and display only professional designations, certifications, and other credentials to which they are legitimately entitled. (Adopted 1/08)

 
Much more extensive updates were made to the Code of Ethics on January 1, 2007. For your convenience, those changes are also available here >>

SPOTLIGHT SPECIAL

BE IN THE SPOTLIGHT FOR FREE!

That's right. Write an article that would be of interest to real estate consumers and submit it to Karey Major for a chance to be published in 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.

Article Deadline Monday, March 10   Ad Copy Deadline Tuesday, March 11   Publication Date Thursday, March 27

If you are interested in writing an article or placing an ad, please contact
Karey Major at 240-473-7588 or kmajor@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  :  ©2008, PGCAR

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