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September 8, 2008

 
 
75 Years and Still Growing Strong!
Come Celebrate at the
PGCAR Anniversary Gala
and Installation of 2009 Officers & Directors

This landmark celebration will be held
September 25th from 6 to 11 p.m.
at La Fontaine Bleu
~ A Black Tie Event ~

Click Here to Register >>
Tickets: $55 for One, $100 for Two, $500 for Table of Ten

Click Here for a Printable Flyer to Share with Your Office & Associates >>

Please RSVP by next Monday, September 15, 2008

 
 
MAR CONFERENCE AND TRADE SHOW — It's Here!
MAR Annual Conference And Trade Show Now through Wednesday,
September 8 - 10 , 2008 in Ocean City, MD

  • See Tuesday's General Session at 8:30 AM with FEATURED KEYNOTE Shep Hyken.
  • Also join the Exhibitors on Tuesday for a NEW "LIGHT" lunch in the Exhibit Hall!
  • Tuesday Evening Cocktail Reception & Recognition Banquet (Ticketed Event - Grand Ballroom) - An Elegant reception featuring a wine tasting and sumptuous Gourmet Buffet will begin a special evening for the Installation of 2009 MAR President, Iona Harrison and elected officials. An outstanding recognition ceremony including the announcement of the winners of the REALTOR® of the YEAR, Community Action and REALTOR® Excellence (CARE), and other prestigious industry awards. Cost is $65 per person.
  • On Wednesday, a full day of CEU and a few more hours to catch the Trade Show. Brunch will be held in the Exhibit Hall on Wednesday - you will not go away hungry and even more importantly will be FULL of new ideas for your business.

Click Here for Details >>

 
 
VOTING IS NOW OPEN

2008 - 2009 BOARD OF DIRECTORS ELECTION ANNOUNCED

VOTE ONLINE AT PGCAR.COM
Click Here!

Voting is NOW OPEN using our secure online service and will end at 12:00 Noon on September 24. All PRIMARY and SECONDARY REALTOR® members are eligible to vote. Anyone wishing to have a paper ballot should contact the Association office this week.

 
OFFICERS
President Linda Simpson, Weichert, REALTORS®
President-Elect Michael Cerrito, Cerrito Realty
Secretary Willie Rhone, Weichert, REALTORS®
 
DIRECTORS (4 to be selected)
Sonatta Camara Keller Williams Preferred Properties
Joanne Darling Darling Realty
Joshua Harrison GMAC Real Estate / Real Estate Service Center
Christopher Richardson RE/MAX Allegiance
Anthony Williams GMAC Real Estate / Real Estate Service Center

 
 
REALTOR® SAFETY WEEK
September 14 - 20, 2008

Stay committed to keeping yourself and other members safe while on the job, at home, and on the road. To raise awareness about agent safety, next week, September 14 - 20, 2008 has been officially designated as the fifth annual REALTOR® Safety Week. As a real estate practitioner, you're faced with potentially risky situations every day. Meeting new clients, showing homes, and even walking to your car at night can be dangerous. It's essential that you make safe decisions and know how to react when confronted with trouble.

Please take advantage of some of the Safety Resources online at REALTOR.org.

 
 
TREASURY DEPT. SEIZES CONTROL OF FANNIE AND FREDDIE

Late Breaking News -- Federal Government Acts to Protect the Mission of the GSEs and Stabilize the Financial Markets

This Sunday, September 7, 2008, the Director of the Federal Housing Finance Agency (FHFA), James B. Lockhart, placed Fannie Mae and Freddie Mac into conservatorship, as authorized by the Housing and Economic Recovery Act of 2008 (HERA). Lockhart now has all the powers of the GSEs' directors, officers, and shareholders, and has appointed new chief executive officers who report to him. Lockhart explained that he was taking action "to help restore confidence in Fannie Mae and Freddie Mac, enhance their capacity to fulfill their [housing] mission, and mitigate the systemic risk that has contributed directly to the instability in the current market."

 
 
THE SENTRILOCK SYSTEM IS COMING NOVEMBER 10

The Prince George's County Association of REALTORS® will begin its conversion from SUPRA to SentriLock on November 10.

Are you showing property in an area already using SentriLock?

You have two options for opening a SentriLock box that may be on the listing:

  1. Call the listing agent to get a one-day showing code. The code is specific to the box, so if you are showing multiple properties, you will need a separate code for each box.
  2. Get a SentriLock access card from PGCAR. REALTORS® in good standing (i.e. have paid their 2008 dues) can get a SentriLock access card from PGCAR on any weekday between 9:30 a.m. and 3:30 p.m.

The cost is $155 which covers the fee from now until November 2009. PGCAR cannot issue boxes at this time, so for now, SentriLock boxes will have to be acquired from the Association in the area where you have a listing.

Important: How to Register for Your SentriLock Conversion

During the month of October 2008, all PGCAR members will receive an email message from SENTRILOCK. This email message will contain a link that you can use to register for the conversion/exchange and instructions for paying your first year's lockbox service fee online. YOU MUST PRE-REGISTER FOR A SPECIFIC EXCHANGE/ TRAINING SESSION AND PRE-PAY YOUR LOCKBOX SERVICE FEE. IF YOU ALREADY HAVE A PGCAR SENTRILOCK CARD, YOU WILL NOT HAVE TO PAY BUT YOU STILL HAVE TO REGISTER. Walk-ins and payments will not be accepted on the day of the conversion.

By registering and pre-paying, you will receive the following benefits:

  • Move quickly through the check-in, equipment exchange, training and pick up of your new lockboxes.
  • Choose the exchange/training time that works best for you. When you register, you select the date and time that works best for you. Times are filled on a first come, first served basis. Register and pay early to get the best selection of times.
  • Equipment Availability - When you register and prepay you are ensuring that we have your new SentriCard and lockboxes prepared and available for you.
  • Equipment Exchanged - You will receive a new SentriCard to access the new lockboxes; a home card reader for updating the SentriCard; and one new REALTOR® lockbox for each Supra AEII or iBox that is registered to you and is turned in at the exchange. If you have Supra Lockboxes that are not assigned to you, please contact Shirley Clayton at the Association office at 301-306-7900. Only those obtaining a SentriCard from PGCAR, should attend the conversion.

IF YOU DO NOT ATTEND THE CONVERSION THE WEEK OF NOVEMBER 10TH, you will only receive 1 REALTOR® Lockbox for every 2 Supra lockboxes plus there will be a $100 penalty charged. Any Supra Lockboxes not exchanged by December 15th, will not be exchanged. IT IS OF UTMOST IMPORTANCE THAT YOU REGISTER FOR AND ATTEND THE CONVERSION.

Do We Have Your Correct Contact Information?

Please update your membership records now to make sure you receive all of the latest information.

  1. Click here and log in to Members Only.
  2. Once logged in you'll see a Quick Link labeled Edit Your Membership Information on the right-hand side of page. Click this link, make any updates necessary, then click the Update button.
  3. You're Done. It's that easy. THANK YOU!
WE WOULD BE HAPPY TO COME TO YOUR OFFICE TO TALK WITH AGENTS ABOUT THE EXCHANGE.

 

 
WHERE ARE LENDERS GETTING CREDIT SCORES?

Consumers often mistakenly believe that mortgage lenders use only credit scores from Equifax, Experian, TransUnion, and Fair Isaac's myfico.com to gauge creditworthiness.

Read more >>

 
NAR CREDIT CRUNCH OVERVIEW

The National Association of REALTORS® (NAR) has prepared an overview memo and chart to help answer YOUR questions and your customers' questions about the credit crunch. Also, NAR details the ongoing efforts to make sure there are responsible policies to help mitigate the effects and deal with the uncertainties of the mortgage market. Click here >>

You may also find this online under PGCAR.com Legislative News.

 

ATTENTION MD REAL ESTATE LICENSEES!
Continuing education requirements for real estate agents
who have been licensed for 10 or more years change as of October 2, 2008.
PLEASE READ CAREFULLY.

To renew a 2-year license, the schedule below shows the number of hours and course content required based on expiration date, length of licensure, and type of services provided.

If your license expires between 10/2/06 and 10/1/08, hours needed are:

Residential,
Less than 10 years
15 hours which must include 3.0 legislative, 1.5 fair housing, 3.0 ethics
Residential, at least 10 years of MD licensure 9.0 hours which must include 3.0 legislative, 1.5 fair housing, 3.0 ethics
Commercial,
Less than 10 years
15 hours which must include 3.0 legislative & 3.0 ethics
Commercial, at least 10 years of MD licensure 9.0 hours which must include 3.0 legislative & 3.0 ethics

If your license expires on or after 10/2/08, hours needed are:

ALL Residential Licensees 15 hours which must include 3.0 legislative, 1.5 fair housing, 3.0 ethics
ALL Commercial Licensees (for licensees performing exclusively commercial work, must perform NO residential business) 15 hours which must include 3.0 legislative & 3.0 ethics

 
 
NAR'S NEWEST DESIGNATION IS GREEN

The designation will help home buyers and sellers identify real estate practitioners who can help them meet their green home goals.

Read more >>

 
 
DC NAMED ONE OF THE BEST CITIES FOR SINGLES

Forbes magazine has for the eighth year rated the nation's largest urban areas in terms of how friendly they are to the country's 74 million single adults. To determine which U.S. cities are most comfortable for soloists, the magazine ranked the 40 largest urbanized areas in seven different categories: number of singles, nightlife, culture, cost of living alone, job growth, online dating activity and coolness. Coolness was the most subjective factor. It was determined by a Harris poll, which asked singles to answer the question: "Which city do you think is the coolest?"

This year's top 10 cities for singles are:

  1. Atlanta
  2. San Francisco
  3. Dallas
  4. Minneapolis
  5. Washington, DC
  6. Seattle
  7. Boston
  8. New York City
  9. Orlando
  10. Phoenix

Sources: Forbes, Elizabeth Eaves (09/04/2008)

 
 
EARN YOUR GRI
GRI 300 Starts Friday, October 3
Sign up for the entire, 30 CE Series here!

Earn Your GRI by taking GRI Series 100, 200 and 300 in any order!
Hurry — Series 200 Sold Out in Advance!

  red arrow Module 301: Environmental / Health Issues Affecting Real Estate - Fri, Oct 3
  red arrow Module 302: Taxes - Thurs, Oct 9
  red arrow Module 303: Ethics & Mediation and Arbitration - Thurs, Oct 16
  red arrow Module 304: Legislative Update & Smart Growth and Land Planning - Wed, Oct 22
  red arrow Module 305: Real Estate Technology & Trends - Fri, Oct 24

 
EXERCISE YOUR RIGHT TO VOTE!
Not registered? Moved since last election?
Do Not Miss Voting in the Presidential Election, Tuesday, November 4

The DC voter registration deadline is Monday, October 6.
Click here for a DC Voter Registration Form >> or
Register Online here >>

The Maryland voter registration deadline is Tuesday, October 14.
Click here for a Maryland Voter Registration Form >>
Click here to find your polling place >>

 

 
CONTINUING EDUCATION

Earn ALL of your required Continuing Education hours for Maryland and DC license renewals -- and your GRI -- here at PGCAR and in relevant topics meeting TODAY'S educational needs.


Next Thursday, September 18
MD Legislative Update
3.0 MD Required Legislative Update CEU; 3.0 DC Elective CEU
Don Martin 9:30 am - 12:30 pm
MD Fair Housing Update
1.5 MD Required Fair Housing CEU; 1.5 DC Elective CEU
Don Martin 1:30 pm - 3:00 pm

Wednesday, September 24
MD Code of Ethics
3 MD Required Ethics CEU; 3 DC Elective CEU
Don Martin 9:30 am - 12:30 pm

Friday, September 26
Contracts
3 Elective CEU, MD & DC
Stu Stern 9:30 am - 12:30 pm
How to Save 10K & Your Real Estate License
1.5 Elective CEU; MD and DC
Stu Stern 1:30 pm - 3:00 pm
REALTOR® Etiquette & Professional Courtesies
1.5 Elective CEU; MD and DC
Stu Stern 3:15 pm - 4:45 pm

. . . And Beginning Friday, October 3
GRI Series III - FULL SERIES of 5 Classes
30 MD Elective CEU
8:30 am - 4:00 pm

 

Code of Ethics: Our Duties as REALTORS®

The Code of Ethics of the National Association of REALTORS® establishes a public and professional consensus against which the practice and conduct of REALTORS® and REALTOR-Associates® may be judged. In joining a Board of REALTORS®, you signify your intention to abide by the Code and thereby enhance the public and professional image of yourself and all other REALTORS®. Adherence to the Code is the first great bond between REALTORS® throughout the country.

The Code of Ethics Case Studies which you have been reading have been developed by the Professional Standards Committee of the National Association of REALTORS® to help REALTORS® and Realtor-Associates® understand the ethical obligations created by the Code of Ethics, and as a reference work for Grievance Committees, ethics and arbitration Hearing Panels, and Boards of Directors.

Code of Ethics Case Studies present specific situations involving charges of alleged unethical conduct by REALTORS® and/or REALTOR-Associates®, which are reviewed by a peer panel of Board Members and in which decisions as to ethical conduct are reached. Each case study provides the Hearing Panel's decision based on the facts and the rationale for the decision.

We hope these Case Studies help you in considering your duties and applying good ethics in your dealings with Customers, the Public, and with other REALTORS®.

Tune in for another case study in the next REALTOR® Connection!

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,
September 8
  Ad Copy
Deadline
Tuesday,
September 9
  Publication
Date
Thursday,
September 25

If you are interested in writing an article or placing an ad, please contact
Karey Major at 240-473-7588 or kmajor@gazette.net.

 

 
 
2009 Dues Renewals are Now Online!

Renewed for 2009 yet? Use our fast and secure Online Dues Payment!
Paying online is easy, secure, supplies you with a receipt, and allows you to confirm your 2009 renewal in your Member's Only History records.

Renew as Easy as 1-2-3:

  1. Click here
  2. Log in
  3. Renew online and receive receipt !

2009 dues are payable no later than November 30th in order to prevent late charges. To pay in installments your first payment must have already been made. Remaining installment payments will be due as follows:

$546
(includes voluntary RPAC contribution of $35)
$511
(does not include voluntary RPAC contribution of $35)
August 15 - $205 (already paid)
Sept. 15 - $114
Oct. 15 - $114
Nov. 15 - $113
August 15 - $205 (already paid)
Sept. 15 - $102
Oct. 15 - $102
Nov. 15 - $102

 

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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