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June 5, 2007

 

Let's help each other
PRACTICE REALTOR®SAFETY

Tragically, one of our own members, REALTOR® Samuel D'Costa of RE/MAX Sails, was taken from us while he was at work. Although we cannot totally protect ourselves and our loved ones from every horrific act, there are some actions we can take to help protect us. Therefore, we urge all agents to be diligent about safety practices when showing homes or working with prospective buyers. Please visit www.realtor.org for important safety tips, information, and business practices. A small sample of what you can do includes:

  • Always have your cell phone charged
  • Never list your home phone on your business card
  • Never advertise a property as vacant
  • Always have prospects meet you at your office the first time.

 

REALTOR® EXPO & TRADE SHOW

Join Us . . . Next Thursday at the

REALTOR® EXPO!

An opportunity awaits you next week at PGCAR's Annual REALTOR® Expo and Trade Show, on June 14th at La Fontaine Bleu in Lanham. The EXPO highlights 30 exhibitors and draws nearly 650 real estate professionals from across the metro area seeking to obtain continuing education credit, learn about the industry's latest products & services, and to network with other agents. An ice cream social and prize drawing cap off this exciting day. Continental Breakfast and Lunch also included.

Earn up to 6 MD and/or DC
Continuing Education Hours


Register now!

COST:
Only $75 for Members; $100 Non-Members.


Classes offered:

  • MD Legislative Update/Advertising Obligations
    3.0 CEU - MD required & DC elective hours
    Instructor: Al Monshower
  • MD Real Estate Ethics
    3.0 CEU - MD required & DC elective hours
    Instructor: Al Monshower
  • DC Fair Housing & Predatory Lending
    3.0 CEU - DC required hours
    Instructor: Tom Lynch
  • DC Ethics
    3.0 CEU - DC required hours
    Instructor: Tom Lynch
  • Creating Leverage for Your Buyer
    3.0 CEU - MD & DC elective hours
    Instructor: Matt Tove
  • Home Inspections & Environmental Issues
    3.0 CEU - MD & DC elective hours
    Instructor: Walter Clews

 

ANNUAL CULTURAL DIVERSITY MEETING - THIS THURSDAY!

Women's Council of REALTORS® Prince George's Chapter and the
PGCAR Cultural Diversity Committee present its...

ANNUAL CULTURAL DIVERSITY MEETING
Thursday, June 7th
PGCAR, 8400 Corporate Drive, Suite 225, Landover, MD
8 a.m. - 9 a.m. Registration
9 a.m. - 10 a.m. Guest Speaker-Councilman Will Campos
10 a.m. - 5 p.m. AT HOME WITH DIVERSITY
Special Presenters: NAREB and MHREIA

Tickets are only $15 in advance and includes breakfast, lunch and the afternoon break. Sponsors include Cerrito Realty, Countrywide Home Mortgage, HomeBiz Inspection Group, Safe Homes, and South Construction.
To register, please contact the association office at (301) 306-7900 or REGISTER ONLINE HERE.

All REALTORS® and AFFIIATES are WELCOME.

 

 

Award Deadlines Extended to
This Friday, June 8th

REALTOR® OF THE YEAR (ROTY) AWARD APPLICATION    

The association is looking for suitable candidates for the REALTOR® of the Year. Criteria was updated to provide more clear instructions for several areas. Nominees still must sign the application to verify that it is accurate and complete. One ROTY application is required to be submitted by each Local Board/Association in order to be entered in the MAR competition. The winner of the State Award will be sent to the NATIONAL ASSOCIATION OF REALTORS® (NAR) for consideration in the national award. ONE (1) COLOR PHOTO (any size) in digital format must accompany the entry form to be used for promotional purposes.
Winners will be selected based on the following criteria:

  • Local board/association activity
  • MAR/NAR association activity: Committee Service to MAR and/or NAR; attendance at MAR and/or NAR functions, Leadership Academy, Rookie REALTOR® Society, and conventions.
  • Civic activity: Participation in civic, service clubs, charitable activities, political action, fraternal or religious groups, etc.
  • Business conduct and practices: Provide specific business activities nominee has implemented to enhance the REALTOR® image and identify specific measures nominee has taken to advance his/her business and career in real estate.
  • Education: Credit given for seminars, courses toward designations, any professional education courses that improve ability and expertise (based on whole career).

    AFFILIATE OF THE YEAR AWARD APPLICATION    

    Criteria is based on participation in local and state association functions, sponsorship of educational and other programs of the association, involvement in the community and fair business practices. Nominate yourself, or an affiliate you know who is deserving of this award.

    For more information contact Joan Ostenso at jostenso@pgcar.com

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    SCHOLARSHIP FUND ESTABLISHED IN MACLIN'S HONOR

    The PGCAR Board of Directors has established a scholarship fund for PGCAR high school students in memory of David Maclin, 2006 President of PGCAR. If you would like to contribute to this memorial scholarship fund, please forward your check in any amount to:

    PGCAR
    8400 Corporate Drive, Suite 225
    Landover, MD 20785

    The family will be made aware of all contributions.

    David gave so much to the association and his community. It is felt that giving back to the community in his name would be a wonderful tribute to his life. If you should have any questions, please don't hesitate to contact the association office. Thank you in advance for your participation.

     
     

    HAVE YOU GIVEN YOUR OPINION ON LOCKBOXES YET?

    The PGCAR leadership will be looking at electronic lockbox systems for use by our members. Your input is very important to us. Please click on the link provided below and answer the two questions listed. We appreciate your participation. Thank you.

    CLICK HERE to take the Survey >>

     
     

    NATIONAL HOUSING SYMPOSIUM SPONSORED BY WELLS FARGO

    "Together We Are Working To Safeguard The American Dream."

    Thursday, June 14
    8:30 a.m. to 4:30 p.m.

    Lunch will be served and a VIP Reception will follow program
    Ronald Reagan Building Amphitheater
    1300 Pennsylvania NW, Washington, DC 20004

    Directions, registration and agenda details are posted online at www.wfhmevents.com login: homeownership07
    -or- call 800-875-0190 between 8 a.m. and 8 p.m. EST.

    Panelists:

    THE ECONOMY AND THE AMERICAN DREAM
    ISI Group, Inc.   |   Fannie Mae |   Freddie Mac

    TAKING UP THE CHALLENGE OF SUSTAINING HOMEOWNERSHIP
    National Community Reinvestment Coalition   |   Consumer Federation of America

    BUILDING AND FINANCING THE DREAM
    National Association of Home Builders   |   Mortgage Bankers Association
    National Association of Mortgage Brokers

    BACK TO THE NEIGHBORHOOD
    National Association of REALTORS®   |   National Association of Hispanic Real Estate Professionals
    National Association of Real Estate Brokers REALTISTS®   |   Asian Real Estate Association of America

    WELLS FARGO HOME MORTGAGE EXECUTIVES
    Cara Heiden, Division President
    Phil Bracken, Executive Vice President, Government & Industry Relations
    Mary Coffin, Head of Servicing

    GUEST SPEAKERS
    Alphonso Jackson, Secretary of Housing and Urban Development
    Kenneth R. Harney, Columnist, The Washington Post

     
     

    ANNUAL CRAB FEAST

    The Women's Council of REALTORS® of PRINCE GEORGE'S COUNTY
    presents their
    ANNUAL CRAB FEAST
    Sunday, August 19, 2007 -- 7:00 p.m. to 11:00 p.m.
    at Martin's Crosswinds

    ALL YOU CAN EAT Crabs, Peel and Eat Shrimp, Fried Fish, Roast Beef, Sirloin, BBQ Chicken, All Beef Hotdogs, Homemade Crab Soup, Seafood Salad, Pasta Salad, Dessert, Rolls & Much More

    Free Beer - Wine - Sodas (Cash Bar for other Alcohol Available)

    Let's Eat, Let's Dance, Let's Have a Good Time

    DJ ~ Dancing ~ Door Prizes ~ Raffle

    Tickets: $65 in advance

    Register Online today!

     
     

    HOME INSPECTOR LICENSING IN MARYLAND

    Effective January 1, 2008, all home inspectors working in Maryland must be licensed. Though the law requiring home inspector licensing is many years old, the Department of Labor, Licensing, and Regulation (DLLR) did not have enough money to implement the law until this year. Now that DLLR has funded the licensing program, home inspectors in Maryland will have the next 8 months to apply for the license. The two-year license costs $400, plus an initial fee of $50. For more information call Mark Feinroth or Bill Castelli at MAR at 800-638-6425.

     
     

    MAR LEADERSHIP ACADEMY

    MAR is now accepting applications for the 2007-2008 Leadership Academy. Academy sessions are starting October 4, 2007 and ending on April 14, 2008. All applications are due by August 1st. Please be sure to indicate on the application your preferred interview date. Once received, MAR will confirm your interview date and time. For an application, please contact Lisa Kinsman, at 800-638-6425 or e-mail your request to lisa.kinsman@mdrealtor.org.

     
     

    MAR ANNUAL CONFERENCE & TRADESHOW

    The MAR Annual Conference will be held September 10th - 12th in Ocean City. Register now for education classes & fun day events. This year, online conference registration allows you to make any class changes, purchase additional tickets, and receive an improved registration confirmation.

    3-day Registration — Only $225 through August 15th
    $50 discount for Rookie REALTORS®.

    Note: Once you have successfully entered your NRDS#, please review your contact information, and scroll down to "REGISTRATION TYPE" to choose the registration type that applies to you. Then continue registering. Register now!

     
     

    MORTGAGE FRAUD SPREADING, BLAMED FOR HOUSING BUST

    The spread of mortgage fraud and the associated increase in foreclosures is getting blamed for a housing market boom gone bust. Full story >>

     
     

    NAR'S New Member Profile Shows Earnings Correlate to Experience

    At its Midyear Meetings in May, NAR released its bi-annual Member Profile for 2007. Among key findings:

    • Agents communicate with their clients about 50% of the time, up from 44% in 2005
    • Median income is down by roughly $2,000 since 2005
    • 25% of business is repeat business from previous clients

    Click here for NAR's summary. Click here for Realty Times's perspective.

     
     

    CONTINUING EDUCATION

    Meet your Continuing Education requirements for Maryland and DC license renewal!

    DC licensing for real estate salespersons must be renewed by August 31!
    Register for the Expo and the June 20 class, and you can earn all 9 CE in DC required categories. Do you have your DC required categories out of the way? Most PGCAR classes are also approved for DC elective CE. Check the class listings for specifics.


    Wednesday, June 6
    Workforce Housing Certification CreditSmartTM Training Course
    Required for WHC certification, 6 hours - no CE
    SOLD OUT!
    Freddie Mac
    certified trainers
    9:00 am - 3:30 pm

    Friday, June 8
    Workforce Housing Certification Three Classes in One Day!
    Required for WHC certification, 2 elective MD CE
    SOLD OUT!
      9:00 am - 4:00 pm

    Thursday, June 14

    Up to 6 hours of MD and DC Continuing Education
    Various Instructors 9:00 am - 4:50 pm

    Wednesday, June 20
    DC Legislative Update
    3 DC Required Legislative Update CEU; no MD CEU
    Prabhjit Singh 1:30 am - 4:30 pm

    Thursday, June 21
    Contracts
    3 Elective CEU, MD & DC
    Don Martin 9:30 am - 12:30 pm
    MD Fair Housing
    1.5 MD Required Fair Housing CEU; 1.5 DC Elective CEU
    Don Martin 1:30 am - 3:00 pm

    August 2007
    GRI Series 200
    5 classes, 30 CEU
    Various Instructors 8:30 am - 4:00 pm

    October 2007
    GRI Series 300
    5 classes, 30 CEU
    Various Instructors 8:30 am - 4:00 pm

     

    Code of Ethics Case Study:
    Case #16-3: Mass Media Solicitation Not a Violation of the Code
    REALTOR® A, a residential broker, worked in a market area that included an attractive suburb of a large city. At the time that REALTOR® A launched a new advertising program, there were a number of houses for sale in the neighborhood listed exclusively with other REALTORS®, each having the respective listing broker's sign on its front lawn.

    Working with his advertising agency, REALTOR® A developed a special brochure describing the service of his offices and soliciting clients. The format of the brochure was designed so that it could be hung over a door knob, and a commercial distribution service was employed to hang one of these brochures on homes in REALTOR® A's market area.

    In the course of distributing REALTOR® A's brochures, the commercial distribution service placed a brochure on the front door of every house in REALTOR® A's market area, including houses that had other REALTORS®' signs in the front yard. Several of the REALTORS® whose clients received REALTOR® A's brochures filed complaints with the Board against REALTOR® A. The Grievance Committee considered the complaints and referred them to the Secretary to schedule a hearing by a Hearing Panel of the Professional Standards Committee, at which time all of the complaints would be considered. The complainants charged REALTOR® A with unethical conduct in failing to respect the exclusive agency of other REALTORS®.

    At the hearing, REALTOR® A defended his action by saying that the distribution of his advertising brochures was widespread in nature; that it had been carried out by a commercial distribution service; and that it was of the same nature as radio or television advertising or a general mailing that might come to the attention of some clients having exclusive listing contracts with other REALTORS®.

    The Hearing Panel's decision noted that REALTOR® A, in designing his advertising campaign, did not direct his brochures to property owners whose identity had come to REALTOR® A's attention through information disclosed by other REALTORS® consistent with their ethical obligation to cooperate with other brokers under Article 3 of the Code of Ethics (e.g., through a "for sale" sign or through information disseminated through a Multiple Listing Service). Rather, REALTOR® A's advertising campaign was directed in an indiscriminate manner to all property owners in a given geographical area. Furthermore, the medium REALTOR® A chose for his advertising campaign was written brochure, which property owner could examine or discard as they saw fit. The panel determined that this form of communication does not harass a property owner, as would telephone calls or direct personal contacts. The Hearing Panel, therefore, held that REALTOR® A's advertising campaign did not violate Article 16 of the Code of Ethics.

    SPOTLIGHT SPECIAL

    BE IN THE SPOTLIGHT FOR FREE!

    That's right, FREE! Write an article that would be of interest to real estate consumers and have it 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,
    June 11
      Space Reservation
    & Ad Copy Deadline
    Tuesday,
    June 12
      Publication
    Date
    Thursday,
    June 28

    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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