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July 2, 2007

 

HAPPY 4th of July...
The PGCAR office will be closed on Wednesday, July 4, in observance of Independence Day.
We wish you a happy and safe holiday!

 
 

2007 - 2008 BOARD OF DIRECTORS APPLICATIONS DUE MONDAY

Are you interested in serving as a leader in our association? The PGCAR membership will elect a President-Elect,
a Vice President, and four (4) individuals to serve two-year terms on the Board of Directors. Terms begin on October 1, 2007. Any individual wishing to run for President-Elect or Vice President must be a REALTOR® member in good standing of PGCAR, must have held membership in PGCAR for a minimum of two years and must have served two years as a Member of the Board of Directors during the last four years.

Those running for a Director position must be a REALTOR® member in good standing of PGCAR, must have held Membership in PGCAR for a minimum of two years and must have served on a PGCAR Committee for at least one year during the last four years. Service on the Board of Directors requires a commitment to attend Board of Directors meetings (approximately 9 per year) as well as participating in other PGCAR activities.

Interested in having your name considered by the
Credentials Committee for inclusion on the ballot?

Please complete the 2008 Officers and Directors
Candidate Form provided online

or you may contact the association office to have a form mailed to you.
Candidate applications must be received by 5 p.m. next Monday, July 9th.

 
 

COMMITTEE VOLUNTEERS NEEDED

PGCAR wants, and needs your involvement in your local Association. Through PGCAR's many committees you can play a major part in the leadership of our Association, as well as helping to promote the efforts and positive contributions which PGCAR members make throughout the communities in Prince George's County.

When you VOLUNTEER to serve on one of the many PGCAR Committees, you will be providing vital experience and input which will make a strong impact on our Association now and in the future.

By working hand-in-hand with your fellow REALTORS® and PGCAR Affiliates, you can SHARE your knowledge, LEARN the talents of others, MEET your peers from other companies, and HELP guide our Association toward the goal of becoming the best in the State of Maryland.

Committee Members will serve from October 1, 2007 to September 30, 2008.
Forms must be received by AUGUST 1st. Sign-Up Here >>


Linda Simpson
2008 President

 
 

COME ONE COME ALL to the
ALL YOU CAN EAT
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!

Presented by The Women's Council of REALTORS® of PRINCE GEORGE'S COUNTY

 
 

YOUR RPAC DOLLARS AT WORK

DEPUTY SHERIFFS ADDED TO COUNTY TRANSFER TAX REDUCTION LAW

Effective July 1, Prince George's County Deputy Sheriffs are eligible for reduced or total elimination of county transfer taxes. PGCAR President Donald Frederick is delighted by the victory. "Prince George's County REALTORS® are very pleased that our representatives in Annapolis see the need for affordable workforce housing. This bill provides a tax incentive for law enforcement personnel to buy homes and reside in Prince George's County. "This is another step forward in helping our county recruit and retain a quality resident police force." HB 654-Prince George's County-Transfer Tax-Deputy Sheriffs, contains the following provisions:

  1. Police FIRST TIME Homebuyers - Eliminates the County transfer tax of 1.4% for Prince George's County Police Officers, Deputy Sheriff's, and municipal police Officers serving local communities in the County WHO ARE FIRST TIME HOMEBUYERS.

  2. Police Homeowners - Reduces the County transfer tax from 1.4% to 1% for County Police, Deputy Sheriff's, and Municipal Police who currently own homes and wish to purchase a new residence.

Read Full Article. See Potential Savings Chart >>

 
 

New Maryland Sales Contract Addendum
EFFECTIVE AS OF JULY 1, 2007
A new ground rent disclosure law took effect this Sunday, July 1, 2007. The new disclosure is REQUIRED for all contracts of sale in Maryland where the underlying property is subject to a ground lease. This disclosure must be made on all contracts entered into on or after July 1, 2007. This disclosure form is available in the PGCAR.com Members Only Forms section.

 
 

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.

Click here for an application.

Questions? Contact Lisa Kinsman, at 800-638-6425 or 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!

 
 

REALTORS® Have a Strong Stake in Preventing Abusive Lending

Abusive and predatory lending practices are a serious problem for our nation's communities. Because of abuses in the subprime market, families are losing their homes and savings, foreclosure rates are higher, and some neighborhoods face increased vacancy rates. Empty neighborhoods, or those where the majority of houses are for sale, can be perceived as blighted. This leads to declining prices and inevitably devastates the strength and stability of those communities and the families who live there. Click here for educational brochures on subprime lending and foreclosures.

 
 

NAR ANNUAL CONFERENCE & EXPO

There are NO LIMITS to what you can gain at the 2007 REALTORS® Conference & Expo, November 13-16 in Las Vegas, Nevada. With hundreds of programs, networking opportunities, cutting edge technology, and more, you can customize your Conference & Expo experience to your needs and interests. Grow professionally and personally while gaining inspiration to be your very best. Special guests:

  • James Taylor
  • Lou Holtz
  • Bill Cosby
  • Doris Kearns
It's the 2007 Conference & Expo, and what happens here, helps you everywhere!

Click here to register now! Early bird discount deadline: Wednesday, August 15.

 
 

CONTINUING EDUCATION

Earn ALL of Your Continuing Education requirements for Maryland and DC license renewal right here at PGCAR!

DC licensing for real estate salespersons must be renewed by August 31!

  • Earn your 9 CE in required categories July 20 and July 25.
  • Only need your 6 elective CE hours? Most PGCAR classes are also approved for DC elective CE. Check the class listings for specifics.
Sign up for multiple classes here!


Next Thursday, July 12
Home Inspections & Environmental Issues
3 Elective CEU, MD & DC
Vimal Kapoor 1:30 pm - 4:30 pm

Next Friday, July 13
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
1.5 MD Required Fair Housing CEU; 1.5 DC Elective CEU
Don Martin 1:30 pm - 3:00 pm

Thursday, July 19
MD Real Estate Ethics
3 MD Required Ethics CEU; 3 DC Elective CEU
Don Martin 9:30 am - 12:30 pm

Friday, July 20
DC Fair Housing & Predatory Lending
3 DC Required Fair Housing CEU; no MD CEU
Prabhjit Singh 1:30 pm - 4:30 pm

Wednesday, July 25
DC Legislative Update / Landlord Tenant Rights
3 DC Required Legislative Update CEU; no MD CEU
Prabhjit Singh 9:30 am - 12:30 pm
DC Ethics Update
3 DC Required Ethics CEU; no MD CEU
Prabhjit Singh 1:30 pm - 4:30 pm

August 2007
GRI Series 200 - SOLD OUT!
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 Case #17-7: REALTOR® Not Precluded
from Filing Complaint with State Real Estate Regulatory Agency
REALTOR® A, a cooperating broker, filed a request for arbitration with REALTOR® B, the listing broker, in a dispute concerning entitlement to cooperative compensation in a real estate transaction. The complaint was referred to the Grievance Committee, which concluded that a properly arbitrable matter existed and referred it to an arbitration hearing panel.

Shortly afterward REALTOR® B was notified that he was under investigation by the State Real Estate Commission for an alleged violation of the real estate regulations, based on a complaint filed by REALTOR® A.

REALTOR® B immediately filed an ethics complaint alleging violation of Article 17 by REALTOR® A for filing the complaint against REALTOR® B with the Commission. The complaint was referred to the Grievance Committee which concluded that since the ethics complaint and the arbitration request, while arising out of the same transaction, were clearly distinguishable, the arbitration hearing should proceed as scheduled; and the ethics complaint should be dismissed, noting that while Article 17 requires REALTORS® to arbitrate contractual and specified non-contractual disputes, alleged violations of the Code and violations of law or regulation do not fall within its scope.

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,
July 10
  Space Reservation
& Ad Copy Deadline
Tuesday,
July 11
  Publication
Date
Thursday,
July 26

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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