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November 17, 2008

 
This Thursday, November 20
at La Fontaine Bleu
Earn 6 CE hours for MD and DC license renewal

Reminder: The Maryland Real Estate Commission is currently auditing agents and the fine
for renewing a license without completing the necessary education is $1,500 to $5,000.

Terrific Courses & Instructors
to Select From,
Breakfast, Lunch &
Our Famous
Top-it-as-you-like-it
Ice Cream Social

All for Only
$75 for Members;
$100 Non-Members

  • MD Code of Ethics, Flipping, Predatory Lending
    3.0 CEU - MD required & DC elective hours
    Instructor: Don Martin
  • DC Legislative Update
    3.0 CEU - DC required hours
    Instructor: Prabhjit Singh
  • ABC's of Rentals
    3.0 CEU - MD elective hours
    Instructor: Chris Majerle
  • MD Legislative Update
    3.0 CEU - MD required & DC elective hours
    Instructor: Don Martin
  • DC Ethics
    3.0 CEU - DC required hours
    Instructor: Prabhjit Singh
  • Real Estate Tax Issues
    1.5 CEU - MD elective hours
    Instructor: Linda de Marlor
  • Financing Options for Today's Buyer
    1.5 CEU - MD elective hours
    Instructor: Bruce Meyers

CLICK HERE TO REGISTER & SELECT YOUR CLASSES NOW !

Click here for printable flyer.

 
3 OPPORTUNITIES TO BE INVOLVED,
BE INFORMED, BE A CATALYST

 
LEGISLATIVE RECEPTION

Legislative Reception

Join Us This Tuesday Evening
November 18th at Jasper's
6 p.m. to 8 p.m.

Take advantage of this rare opportunity to meet with your elected officials. The invited guests include: Prince George's County State Senators and Delegates, County Executive Jack Johnson and Members of the Prince George's County Council. WE CANNOT HAVE INFLUENCE IF WE DO NOT SHOW THAT WE ARE INTERESTED AND INVOLVED. It is important that you attend this Legislative Reception to become informed and show our strength.

Click Here to Register >>

For a printable flyer Click Here.

 
RPAC PIE BAKING CONTEST

RPAC Pie Baking Contest

This Friday, November 21
2:30 - 5:00 pm @ the PGCAR Office

Join the RPAC Committee for a fun afternoon of judging pies baked by your fellow REALTORS®. The judging will take place this Friday, November 21st in the Association classroom. Bake a pie, or just come sample the delicious pies and help select the winner.

The cost is only $10 to participate as a baker or a judge. Proceeds go to RPAC.

Register Here >>

REALTOR® Political Action Committee (RPAC) Contributions
Contributions are not deductible for Federal income tax purposes. RPAC contributions are voluntary and used for political purposes. You may refuse to contribute without reprisal or otherwise affecting your membership rights. 70% of your contribution goes to your State Association to support state and local political candidates. 30% is sent to National RPAC to support Federal candidates and is charged against your limits under 2 U.S.C. 441a.

 
 
MAKE AN IMPACT - KEEP FOCUS ON ECONOMIC RECOVERY

Congress is considering a return to Washington this month to launch a second economic stimulus effort. As REALTORS®, we must all come together and make our voice of experience heard on Capitol Hill. We must work to ensure that stabilizing real estate markets is at the core of any additional economic stimulus bill.

NAR members and supporters are urging Congress to include the following provisions in any future legislation:

  1. Make the $7500 tax credit available to all purchasers and eliminate the repayment requirement.
  2. Make the 2008 FHA, Fannie Mae and Freddie Mac loan limits permanent.
  3. Get the Emergency Treasury bank relief program back on track by targeting more funds to mortgage relief efforts and increasing efforts to mitigate foreclosures. Don't just give the banks unrestricted cash.
  4. Permanently bar banks and banking conglomerates from engaging in real estate brokerage and management.

Please contact Congress today!

For more information on each of these ideas, visit REALTOR.org.

 
- Food for the Hungry and Coats for the Needy -
Bring your non-perishable food items and coats
to the Association office by Tuesday, December 9th.
This year, more than ever before, we need to help those in need.

 
PGCAR HOSTS: GIVING THANKS & GIVING BACK TO THE COMMUNITY

Tuesday, December 16th, 7 - 11 p.m.
Lavar Arrington's SIDELINE RESTAURANT

At The Boulevard, 880 Capital Center Boulevard, Largo, MD

Business Attire / Semi-Formal · Delicious Cuisine
Live Music by The Secret Society Band · Prize Drawings · Great Networking

Donation of $20 per Person Feeds a Family
Join Us to Feed over 400 County Families in Need during the Holidays.

Sponsorships Also Available:
$200 Silver Sponsorship Feeds 10 Families
$300 Gold Sponsorship Feeds 15 Families
$500 Platinum Sponsorship Feeds 25 Families

Buy Your Tickets or Sponsorships Online at www.PGCAR.com

Questions or further information?
Contact Eric Womack at 240.482.5023 or EricWomackProperties@gmail.com.

 
Rookie REALTOR® Society Presents:
Business Planning
Thursday, December 4

At La Fontaine Bleu,
7963 Annapolis Road
Lanham, MD 20706

9:30 a.m. Registration & Networking
10:00 - 12:00 noon Seminar

FREE to all Rookies, but registration is required.

RSVP HERE!

 
 
HOPE AWARDS NOMINATIONS - DUE DECEMBER 5

HOPE Awards The HOPE (Home Ownership Participation for Everyone) Awards is a national industry awards program created to recognize individuals and organizations who have made outstanding contributions to increasing minority homeownership, revitalizing communities and expanding affordable housing opportunities.

The HOPE Awards are only conferred every other year. HOPE Awards Winners receive a $10,000 honorarium, national media coverage, paid travel expenses to attend and speak at a minority housing symposium, recognition at the HOPE Awards Gala in May 2009 in Washington, D.C., and much more.

Help further the goal of creating equality in homeownership by submitting an application for the 2009 HOPE Awards or becoming a sponsor of the HOPE Awards Gala.

 
 
 
MIT WOMEN'S TECHNOLOGY PROGRAM

Do you know any female students in 11th grade who:

  • love and excel at math and science but have very little or no prior experience in engineering
  • would like to experience hands-on activities where they design and build engineering projects
  • enjoy problem solving and collaborative learning
  • want to spend 4 summer weeks challenging their minds, working hard, and making friends with girls from around the U.S. who share their math and science interests

Please have them apply for the Women's Technology Program (WTP), a rigorous four-week academic and residential experience at MIT where female high school students explore engineering through hands-on classes, labs, and team-based projects in the summer after 11th grade.

Help spread the word about this life-changing opportunity!
Promotional PDF flyer >>

Website and Application >>
Application Deadline: January 15, 2009

 
 
NAR BOARD OF DIRECTORS DECISIONS - Orlando, Nov 10
2008 Annual REALTORS® Expo and Conference in Orlando Florida

The Board of Directors of the National Association of REALTORS® took several actions to keep members positioned for success.

Read more >>

Refresh or read some of what you missed from Lance Armstrong's "Choose Passion Over Fear", Daniel Pink's "Zig When Others are Zagging", McMillan's "It's About Building Bridges" and several of the other outstanding speakers and training sessions.

Find them here >>

 
 
CONTINUING EDUCATION

Required Continuing Education for Maryland and DC license renewals are all offered here at PGCAR. Register here or by clicking on class titles below.


This Thursday, November 20
"Back to School" Education Day
Earn up to 6 CEU, MD and/or DC
Various Instructors 9:00 am - 5:00 pm

Wednesday, December 3
DC Fair Housing & Predatory Lending
3 DC Required Fair Housing CEU
Prabhjit Singh 9:30 am - 12:30 pm
DC License Exam Preparation Prabhjit Singh 1:30 pm - 4:30 pm

Friday, December 12
CreditSmart
Required for Workforce Housing Certification
TBD 9:00 am - 4:00 pm

Friday, January 9
Workforce Housing Certification
Three Classes in One Day!

Required for WHC certification
6 MD Elective CEU
TBD 9:00 am - 3:45 pm

 

Code of Ethics Case Study: #4-1:
Disclosure when Buying on Own Account

Client A consulted REALTOR® B about the value of a lot zoned for commercial use, saying that he would soon be leaving town and would probably want to sell it. REALTOR® B suggested an independent appraisal, which was arranged, and which resulted in a valuation of $130,000. The property was listed with REALTOR® B at that price. Shortly thereafter, REALTOR® B received an offer of $122,000 which he submitted to Client A, who rejected it. After the passage of four months, during which no further offers were received, Client A asked REALTOR® B if he would be willing to buy the lot himself. REALTOR® B on his own behalf, made an offer of $118,000, which the client accepted. Months later Client A, on a return visit to the city, discovered that REALTOR® B had sold the lot for $125,000 only three weeks after he had purchased it for $118,000.

Client A complained to the Board of REALTORS® charging that REALTOR® B had taken advantage of him; that he had sought REALTOR® B's professional guidance and had depended on it; that he could not understand REALTOR® B's inability to obtain an offer of more than $122,000 during a period of four months, in view of his obvious ability to obtain one at $125,000 only three weeks after he became the owner of the lot; that possibly REALTOR® B had the $125,000 offer at the time he bought the lot himself at $118,000.

At the hearing, REALTOR® B introduced several letters from prospects that had been written while the property was listed with him, all expressing the opinion that the lot was overpriced. The buyer who purchased the lot for $125,000 appeared at the hearing as a witness and affirmed that he never met REALTOR® B or discussed the lot with him prior to the date of REALTOR® B's purchase of the lot from Client A. Questioning by members of the Hearing Panel established that REALTOR® B had made it clear that his offer of $118,000 in response to his client's proposal, was entirely on his own account.

Based on your understanding of the Code of Ethics Article 4, how do you think the Professional Standards Panel ruled?

Find out here >>

 

HomeFree-USA, a HUD-approved nonprofit homeownership counseling organization,
is giving REALTORS® a chance to offer FREE homeownership classes.

 
Here's How To Get Your Personal Event in Motion. . .

  1. Reserve a date with HFUSA by calling Christopher Gales at 301.891.8400, or e-mailing Christopherg@homefreeusa.org.
  2. Invite clients and RSVP for a minimum class of 30.
  3. Let HomeFree-USA educate your clients at your personal event by providing FREE resources to promote your event. All of this is FREE — event space, facilitator, course materials & refreshments.
  4. Your clients RSVP easily by website or by phone.

First Come, First Served on Class Dates and Times
Read More About HomeFree-USA Here >>

Click Here for a Promotional Flyer >>

 
 
Membership Renewal Countdown — Due November 30!
Annual Membership Renewal Countdown

Click here and log in to renew your
REALTOR® dues by November 30th.

Prevent late charges. Prevent loss of key and other REALTOR® Membership benefits.

SPOTLIGHT SPECIALS

Place your ad 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.

CHOOSE YOUR SPECIAL!!!
  1. Buy 1 Ad, Get an Ad in The Gazette of Your Choice for 15% Off
  2. Buy 2 Ads, Get the 3rd Half Price
  3. Buy 3 Ads, Get the Internet FREE for 3 Months
    - ad must be the same ad that is in the spotlight and will run for 3 months straight

Ad Copy
Deadline
Tuesday,
December 2
  Publication
Date
Thursday,
December 18

If you are interested in writing an article or placing an ad, please contact
Heidi Lamere at 240-473-7588 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  :  ©2008, PGCAR

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