May 11, 2007

 

ALL ABOARD FOR WASHINGTON, DC Next Wednesday, May 16

SCAOR members will take an excursion to the REALTORS® Midyear Legislative Meetings and Trade Expo in Washington, DC this coming Wednesday, May 16th. Make a $50 donation to RPAC and leave the driving to us! The bus will leave the SCAOR office at 7:30 a.m. sharp and arrive at the Trade Expo at 10 a.m. We will also visit the Dirkstein Senate Building for a special reception around 1 p.m. Please go online now to reserve your seat. Join us as an Affiliate Sponsor Get on the bus or send your goodies along for the bus trip to DC this Wednesday. 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.

 

Tickets are now on sale for the Affiliate bus trip to New York City on December 12^th. 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.

Reserve your seat before it sells out!

 

This year's Awards Luncheon will be held at the Rehoboth Beach Country Club on June 5^th beginning at 12 noon. Our distinguished ROTY nominees this year are:

Rick Allamong,	Coldwell Banker Residential Brokerage
Steve Alexander,	Seacoast Realty
Judy Dean,	Long & Foster
Kevin Jefferson,	Home Team Realty
Trina Joyner,	Home Team Realty
Bill Lucks,	Commercial Sales Group
Judy Rhodes,	Callaway, Farnell & Moore

SCAOR President, Rob Harman, will present two special achievement awards, the President's Award of Recognition and the Lifetime Achievement Award. The President's Award is only given if there is an individual or individuals involved in SCAOR that have gone above and beyond their board or committee duties. The Lifetime Achievement Award is given to an individual that has contributed to the REALTOR^® community as a whole.

We will also recognize a Sussex County REALTOR^® for her efforts in community and charitable service in helping to make her community a better place for all citizens. Nominees for the Sussex County Good Neighbor Award are Suzanne Landon, Jack Lingo Realtors and Mary Ann Slinkman, Realty Executives.

Please plan to join us in celebrating the excellence and dedication put forth by each of our nominees. See attached registration form - or register online! Deadline to register is May 31, 2007.

 

Access the book online immediately!

At home or at work, downloading the book all at once or by sections,
getting your book has never been this convenient!

Click here to purchase your copy and access the PDF link now!

 

 

 

Housing activity this year will be somewhat changed from earlier forecasts based on a clearer analysis of the effects of stricter lending standards and a decline in subprime mortgage origination, NAR says. Lawrence Yun, NAR Senior Economist, says one benefit for the market is the disappearance of speculative behavior, which contributed to abnormal price growth. Existing-home sales are likely to total 6.29 million this year and 6.49 million in 2008, compared with 6.48 million last year. New-home sales are projected at 864,000 in 2007 and 936,000 next year, lower than the 1.05 million in 2006. Housing starts should total 1.46 million units this year and 1.52 million in 2008, down from 1.80 million last year.

 

 

Article 11

Standard of Practice 11-3
When REALTORS^® provide consultive services to clients, which involve advice or counsel for a fee (not a commission), such advice shall be rendered in an objective manner and the fee shall not be contingent on the substance of the advice or counsel given. If brokerage or transaction services are to be provided in addition to consultive services, a separate compensation may be paid with prior agreement between the client and REALTOR^® .

Standard of Practice 11-4
The competency required by Article 11 relates to services contracted for between REALTORS^® and their clients or customers; the duties expressly imposed by the Code of Ethics; and the duties imposed by law or regulation. (Adopted 1/02)

 

Congratulations to our SentriSecure Brokerages as of May 10^th!
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 5.10.07 >>

LOCKBOX FIRMWARE UPGRADE AVAILABLE

New, Improved Upgrade Instructions Available >>
New firmware is available for your SentriLock lockbox(s) that will improve the 1-Day Code functionality and also eliminate a random problem that was causing premature battery depletion.

 

May 15^th - June 14^th Delaware News & Meetings Posted

 

WHAT TO DO WHEN THE SELLER WANTS TO
NEGOTIATE YOUR COMMISSION!

Have you ever gone out on a listing and the Seller says he's been told that all commissions are negotiable and therefore, he wants to negotiate. You tell him nicely that your company policy is X%, but he says that doesn't matter to him; he wants a lower commission.

Read More >>

 

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 16.3 - Display: Display of listing information pursuant to IDX is subject to the following rules:

Section 16.3.1 - Display can be downloaded via IDX or framed using the Association website, but the information shown on a Participants' or subscribers' website shall not include any information not accessible by the Associations' public website. The public site carries only certain fields of information as approved by the MLS Committee and the SCAOR Board of Directors. Additional information supplied by the MLS fact sheet is prohibited.

Section 16.3.2 - Participants shall determine which listings or the types of listings they will display on their Web sites. Examples include property type ("condos", "single family detached", "multi-family", etc.), price, or location ("downtown").

Section 16.3.3 - Participants shall not modify or manipulate information relating to other Participants' listings. (This is not a limitation on site design but refers to changes to actual listing data.)

Section 16.3.4 - All listings displayed pursuant to IDX shall identify the listing firm.

 

© Copyright 2007 Sussex County Association of REALTORS^®
23407 Park Ave., Georgetown, DE 19947, USA
Phone (302) 855-2300  ~  Fax (302) 855-2319  ~  info@scaor.com  ~  www.scaor.com