Member Appreciation Week is Here! All Events are FREE! ABR Course - Also FREE, & other Not-to-Miss News

Prince George's County Association of REALTORS®  |  The Voice for Real Estate
TRUCK Friday Tacos & Ice Cream, Shredding, Games, FREE ABR Course, Win $500! CE, Great Benefits, Industry News and More
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June 2024

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FREE Food Trucks, Electronics Shredding, Games and FUN at PGCAR Friday, June 14

Come on Out for TRUCK FRIDAY
in the PGCAR Parking Lot This Friday, June 14

FREE FOOD TRUCK ~ FREE DESSERT TRUCK!
ELECTRONICS RECYCLING ~ GAMES ~ FUN

See you there!

RSVP @ PGCAR.com/Truck-Day >

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Thank you for your support! RPAC contributions are not deductible for federal income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. The amounts indicated are merely guidelines and you may contribute more or less than the suggested amounts. The National Association of REALTORS® and its state and local associations will not favor or disadvantage any member because of the amount contributed or a decision not to contribute. You may refuse to contribute without reprisal. 70% of each contribution is used by your state PAC to support state and local political candidates; 30% is sent to National RPAC to support federal candidates and is charged against your limits under 52 U.S.C. 30116.

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In March of 2024, NAR announced a settlement agreement that would resolve litigation brought on behalf of home sellers related to broker commissions. The terms of the settlement agreement require covered MLSs to adopt and enforce a new set of rules described in the terms of the settlement agreement.

Accordingly, Bright will take steps to make changes to their rules and systems, to adhere to the terms of the settlement and increase transparency for the consumers we all serve.

Bright will soon be making updates to listing entry and to their policies to move forward together into a new era of real estate. Bright has worked closely with associations, board, legal counsel, and leadership to help chart the most collaborative, transparent, and effective path toward the future of real estate in the United States.

Hear directly from Bright Legal Counsel Brian Schneider and EVP of Customer Advocacy Rene Galicia about how to navigate the coming changes.

Watch the In-Depth Webinar >

See What to Expect This Summer >

Take Full Advantage of Bright MLS Tools To Serve Buyers & Sellers and THRIVE








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Run for the 2025 PGCAR Board of Directors

PGCAR Officer and Director
Candidate Applications will Open Monday, June 24

Watch your email and apply as a potential Candidate, and encourage other leaders to do the same, when the application opens June 24!

To be considered by the Credentials Committee for inclusion on the ballot, be prepared to list your recent PGCAR Committee and other experience, submit a 1-page qualifications statement with all relevant committee, community and professional experience, and your photograph with your Candidate Application.

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Through PGCAR's many committees, YOU can play a major part in Association leadership and in contributions PGCAR members make throughout Prince George's County communities. ALL PGCAR Members are encouraged to volunteer on a committee.

Our 2024 / 2025 committees will serve October 1, 2024 through September 30, 2025.

Please carefully consider the requirements and responsibilities of each committee. Opening July 1, you'll have the opportunity to request to be appointed to a committee. We make every effort to get everyone appointed to their first choice committee; however, it's possible you will be appointed to your second choice. We do our best to make room for lots of new committee members every year!

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Christmas in April photo collage

Join PGCAR's Community Service Committee and dozens of other members in donating school supplies for the Annual Stuff the Bus School Supply Drive.

See and purchase from the Amazon Gift List or purchase elsewhere and bring to the PGCAR office. Help our County kids prepare and succeed in the upcoming school year!

Donations must be delivered by 4:30 pm Friday, July 12.
Thank you for your generosity!

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Christmas in April photo collage

On Saturday, April 27 the Prince George's County Association of REALTORS® participated in Prince George's County's Christmas in April. Christmas in April is a non-denominational volunteer organization that repairs the homes of senior citizens who are either low-income and/or physically challenged so they may live in warmth, safety, and independence.

Despite a few curveballs, we pulled it off! The homeowner was over the moon with gratitude for all the changes made to her home. We want to send a super special thank you to Brandon Lyons (Ready to Sell) for giving her a safer home (by installing not one but two locks and painting her door).

Shout out to our plumbing team Local Union 5 for repairing her bathroom sink and installing a brand new pedestal sink and we would be remiss without Chris (DPWT) who actually made 3 pickup trips. Thank you Sherman for making a trip to the nursery to add more flowers.

The homeowner shared that it was just all so overwhelming before but now she is encouraged to try to get some more support from her family and friends to keep it up.

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2 FREE Bright MLS Workshops on Monday, June 24

Understanding Bright MLS Reports

Understanding Bright MLS Reports
Join us to review the various market reports within Bright. Dive deeper into current market activity and utilize reports to enhance your presentations with clients.



Webinar:
MLS-Touch: An On-The-Go Mobile App

MLS Touch: An On-the-Go Mobile App
Work with your clients and access Bright MLS right from your mobile device. MLS Touch offers searching that is integrated with Bright so you can access saved searches and your contacts. Any app activity will sync back to Bright. It's a great addition to your real estate toolbox!

Register for both webinars at brightmls.com/pgcar >

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RESOLUTION: Earn Your Commitment to Excellence Endorsement (C2EX)!

C2EX Commitment to Excellence

Be recognized for YOUR Commitment to Excellence!
Start your C2EX journey today >

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Earn Your Maryland and DC CEU
with PGCAR LIVE In-Person and Online CE Classes

 
Tuesday
June 11
10 am - 12 noon
Members Only!
Bright MLS Roadshow
 
Thursday
Jun 13
10 - 11:30 am
 
Thursday
Jun 13
12:30 - 2 pm
1.5 MD Elective CEU (Topic F)
Register >
 
Monday
Jun 17
10 - 11:30 am
1.5 MD Required Fair Housing CEU (Topic C)
NO DC CEU
Register >
 
Tuesday
Jun 18
10 am - 1 pm
3 MD Required Code of Ethics CEU (Topic D)
3 DC Elective CEU
Register >
 
Monday
Jun 24
11 am - 12 noon
Non-CE
Register >
 
Monday
Jun 24
1 - 2 pm
Non-CE
Register >
 
Mon - Wed
Jun 24 - 26
4 - 8:30 pm
6 MD Elective CEU (Topic F)
Register >
 
Thursday
Jun 27
10 am - 1 pm
3 MD Required MREC Supervison CEU for Brokers / Team Leads (Topic I)
3 MD Elective CEU for Salespersons (Topic F)
Register >
 
Thursday
Jun 27
2 - 5 pm
3 MD Required Brokerage Relationships & Disclosures CEU (Topic H)
Register >
 

Register early to SAVE!
Check pgcar.com/calendar for MORE classes & events >

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Thank You, PGCAR REALTOR® and Affiliate Members!

Thank you for supporting the real estate industry, homebuyers and sellers, each other and our community, by holding membership in PGCAR. Please use the Member Directories to utilize and refer the services of other PGCAR members.

Find a REALTOR®   |   Find an Affiliate

Do you know others who should be members?
Membership applications are at pgcar.com/join.

We proudly announce and gratefully thank our 2024 Affiliate Sponsors! There's still time to join them. Details at pgcar.com/Affiliates.

Ameris Bank Mortgage Services

Certainy Home Lending

Prosperity Home Mortgage LLC

Sandy Spring Bank

United Bank

First Heritage Mortgage

WesBanco Bank

Bright MLS

First Home Mortgage

Interstate Moving and Storage

Law Office of Midgett Parker, P.A.

Prime Lending

Red Carpet Home Inspections

TitleMax LLC

Wells Fargo Home Mortgage

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Maryland REALTORS Conference and Expo returning to Ocean City

Join us at the 2024 Maryland REALTORS® Conference
Monday, September 16 - Thursday, September 19 // Ocean City

REGISTRATION IS OPEN >
Reserve your hotel with REALTOR® rates today >

Bookmark pgcar.com/calendar to be in-the-know about PGCAR, Maryland REALTORS® and NAR events!

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2025 Maryland REALTORS Leadership Academy Applications must be completed by August 4

Lean in. Advance your confidence and skills in public communications, organizational planning, advocacy and leadership!

2025 Leadership Academy Sessions
Sessions 1 through 7 required for completion

  1. Orientation & Organizational Leadership - Styles & Visioning - October 10, 2024
  2. Organizational Long-Range Planning - November 14, 2024
  3. Effective Communications / Media Relations - December 12, 2024
  4. Professional Conduct & Association Governance - January 9, 2025
  5. The Role of the Association in Legislation / Government Affairs - February 12, 2025
  6. Diversity in Business - March 13, 2025
  7. Business Trends & Leadership Academy Panel Discussion - April 10, 2025
  8. Leadership Academy Graduation & Recognition Lunch - April 24, 2025

Apply for this prestigious program and ask for referrals early
Completed applications & endorsements must be submitted by August 4 >



CONSUMER'S CORNER
Great reasons to stay in touch! Share these with your customers.

June is National Homeownership Month with picture of a happy family painting a room

Help make the homeownership dream real and more affordable with homebuyer savings programs, lower mortgage rates, financial management skills, and proper planning.

  1. First Time Homebuyer Assistance Program
    Provides up to $25,000 in Down Payment and Closing Costs towards purchasing a home in Prince George's County.

  2. Maryland SmartBuy 3.0 Program
    This financing provides up to 15% of purchase price for a home in Maryland to pay off up to $20,000 of the homebuyer's outstanding student debt.

  3. Maryland Mortgage Program Flex
    Provides competitive interest rates to first-time or repeat homebuyers. Some loans also offer down payment and closing cost assistance.

  4. Maryland HomeAbility
    For homebuyers with a disability or the principal caregiver of an immediate family member who is disabled and living with them. Provides up to 25% (maximum $45,000) in Down Payment and Closing Costs in the form of a 0% interest deferred loan, which becomes payable upon sale, refinance, or transfer of the home.

  5. CreditSmart® Homebuyer U
    Create a spending plan and prepare for homeownership well. Also gain educational certification that allows you to apply to Freddie Mac's Home Possible® or HomeOne® mortgages through your lender.

  6. Maryland First-Time Homebuyers Savings Accounts
    Marylanders who have not owned a home for the past 7 years, can save up to $5,000 per year and a total of $50,000 over 10 years tax-free. See this and other Maryland Tax Savings at marylandtaxes.gov, and download the marylandhomeownership.com flyer.

Share these valuable money saving programs with your contacts, and emphasize they can be shared with friend and family members too!

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The next PGCAR Red Cross Blood Drive open for appointments is Wednesday, May 15 at the Cheverly Community Center - click to register

REGISTER EARLY FOR THE UPCOMING
PGCAR BLOOD DRIVES!

Wednesday, July 10
& Wednesday, September 11

We now have Blood Drives scheduled for the remainder of 2024, to make it easy to schedule your choice of time, and invite office mates and friends.
Schedule an appointment online or call 1-800-RED-CROSS.

Thank you for taking the time to donate blood to save lives!


BROKER'S CORNER

Mortgage Rates Dip Below 7%

30-year mortgage rates retreated from their early spring ascent and 7.22% peak during the week ending May 2.

"Rates are just shy of 7%, and we expect them to modestly decline over the remainder of 2024. If a potential buyer is looking to buy a home this year, waiting for lower rates may result in small savings, but shopping around for the best rate remains tremendously beneficial," said Sam Khater, Freddie Mac's Chief Economist reports

Freddie Mac reports the following averages as of June 6
and their change from last month (May 9) and last year:

  • The 30-year fixed-rate mortgage averaged 6.99%
    Down from 7.09% last month ~ Up from 6.71% last year
  • The 15-year fixed-rate mortgage averaged 6.29%
    Down from 6.38% last month ~ Up from 6.07% last year

Also see:

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The Top 3 Things

Your Association offers you a lot, and it's important to us that we deliver what best supports you, your business and life in all circumstances.

  1. Get Your Entire Office Out to Member Appreciation Week, Happening Now!


  2. Keep Up with NAR Settlement Resources >


  3. Bookmark pgcar.com and pgcar.com/calendar, so you and your agents won't miss CE, training, leadership opportunities, networking, FREE events, volunteer opportunities and so much more:
    • FREE Member Appreciation Week, including Friday Food Trucks and games! Meet your office there.
    • Step up as a PGCAR Board of Director candidate or Committee volunteer. Learn more about Association and community leadership through the Maryland REALTORS® Leadership Academy. Applications will be linked from pgcar.com/calendar . . . of course!



  4. Extra! Here's a great action tip, "Make Your Office Meeting a Not-to-Miss Event."
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- - - NEWS AND TRENDS - - -
Reminders, trends and other news you should know.

National News & Market / Industry Surveys

Tips & Trends

Regional News
8300 Corporate Drive, Suite 100  |  Landover, MD 20785  |  Phone 301.306.7900  |  Fax 301.306.8273
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