Tickets are now on sale for the Affiliate bus trip to New York City on December 12th. This year we have purchased tickets for the Broadway show "Wicked." Ticket price is $135, which includes transportation, orchestra seats, breakfast snacks, a goodie bag, and beverages. Bus will be leaving the SCAOR office in Georgetown at 6:30 a.m. and departs New York immediately following the show. See see attached flier for complete details.
You can go for the "big" day with others from SCAOR on Wednesday, May 16th to tour the Trade Expo, visit the NAR building, and have a special visit to the US Senate.
Your REALTOR® Political Action Committee (RPAC) donation of $50 or more will save your seat on the bus. Leave the driving to us and get the scoop from inside the beltway! Did we mention that donors' names are entered in a "grand prize" drawing to be announced during SCAOR's member meeting? Contact the Association office via phone or visit, or e-mail info@SCAOR.com for registration.
The host of MSNBC's "Hardball With Chris Matthews" and NBC's "The Chris Matthews Show" presents his insider's views during the 2007 NAR Midyear Legislative Meetings & Expo in Washington, D.C. Matthews will appear before the Legislative and Political Forum on May 15th, 7:30-9 a.m., in the Marriott Wardman Park. Hear what makes Chris Matthews' shows lively and thought-provoking as he draws on his experience as a broadcast journalist, a newspaper bureau chief, a presidential speechwriter, and a best-selling author. For more, click here or contact: Gerry Allen, 202-383-1109.
NAR's Pending Home Sales Index indicates sales closed in April are likely to remain soft, with some drag possible into May as well. The Pending Home Sales Index, based on contracts signed in March, registered 104.3 - down 10.5 percent from March 2006 when it was 116.5. The March index is 4.9 percent below an upwardly revised February index of 109.7. The index is at its lowest point since a reading of 103.5 in March 2003, which coincidentally was the middle of the housing boom.
SCAOR is sponsoring a bus trip to the Midyear Legislative Meetings and Trade Expo in Washington, DC on Wednesday, May 16th. This is a great opportunity to network with our REALTOR® members. For more information see attached flier or call the SCAOR office at 302-855-2300.
HOUSE PASSES NATIVE AMERICAN HOUSING BILL
The House recently passed the Native American Home Ownership Opportunity Act of 2007, H.R. 1676, an NAR-backed bill that will reauthorize a U.S. Department of Housing and Urban Development program that guarantees affordable loans for housing in Native American tribal lands.
ETHICALLY SPEAKING...
Article 11
Standard of Practice 11-1
When REALTORS® prepare opinions of real property value or price, other than in pursuit of a listing or to assist a potential purchaser in formulating a purchase offer, such opinions shall include the following:
- identification of the subject property
- date prepared
- defined value or price
- limiting conditions, including statements of purpose(s) and intended user(s)
- any present or contemplated interest, including the possibility of representing the seller/landlord or buyers/tenants
- basis for the opinion, including applicable market data
- if the opinion is not an appraisal, a statement to that effect (Amended 1/01)
Standard of Practice 11-2
The obligations of the Code of Ethics in respect of real estate disciplines other than appraisal shall be interpreted and applied in accordance with the standards of competence and practice which clients and the public reasonably require to protect their rights and interests considering the complexity of the transaction, the availability of expert assistance, and, where the REALTOR® is an agent or subagent, the obligations of a fiduciary. (Adopted 1/95)
Congratulations to our SentriSecure Brokerages as of May 3!
List of offices here >>
The following report shows the offices that have combination lockboxes on some listings. Thank you to those who eliminated combination lockboxes and converted to the newer lockboxes this week.
Brokerages with Combo Boxes as of 5.3.07 >>
LOCKBOX FIRMWARE UPGRADE AVAILABLE
New, Improved Upgrade Instructions Available >>
New firmware is available for your lockbox(s) that will improve the 1-Day Code functionality and also eliminate a random problem that was causing premature battery depletion.
May 9 - June 13 Delaware News & Meetings Posted
EYE ON THE HILL
The April 2007 issue of "Eye on the Hill" focuses on the importance of insurance availability to the real estate industry and NAR's Plan to Ensure Available and Affordable Insurance. Click Here to read more.
It's that time of year again. DAR's Nominating Committee is asking for nominations to prepare a slate of Association Officers and Directors for 2008. Please submit names for consideration to the Nominating Committee before July 1, 2007. See attached nomination form.
A Story To Be Told
Every so often you hear a story that just warms your heart. I think this story is fitting for The Rookie Corner because the objective of our column is to give tips on "how to," "when," "where," and "professional behavior" in real estate.
Read The Story Here >>
ON THE SAFE SIDE
Each week we will be covering a portion of the "MLS Rules and Regulations." To be on the SAFE SIDE, please review the rules each week to eliminate errors in the system which could lead to MLS violations and fines. These rules and regulations have been submitted and reviewed by NAR and are in full compliance with National Association policy.
VIOLATION OF SECTION 16 -- $500
Section 16.1 - Authorization:
Participants' consent for display of their active listings by other Participants pursuant to these rules and regulations is presumed unless a Participant affirmatively notifies the MLS that the Participant refuses to permit display (either on a blanket or on a listing-by-listing basis). If a Participant refuses on a blanket basis to permit the display of that Participant's listings, that Participant may not download or frame the aggregated MLS data of other Participants. Participant's consent to display of their listings by other Participants is required to have their listings transmitted by the MLS to authorized aggregators.
Section 16.2 - Participation:
Participation in IDX is available to all MLS Participants who are REALTORS® who are engaged in real estate brokerage and who consent to display of their listings by other Participants. This requirement can be met by maintaining an office or Internet presence from which Participants are available to represent real estate sellers or buyers (or both).
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Browser Optimizer
InnoVia's system is compatible with Internet Explorer (Ver. 5-7) and Netscape Communicator (Ver. 8). Click on the Browser Optimizer button located on InnoVia's Homepage to check your settings. A list of recommended computer settings for optimal use of the system will appear. If your settings need to be corrected, simply click the "Fix" button on the right side of the screen for each setting that needs to be changed. |
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