July 6, 2007

 

Updated forms are now available at www.scaor.com. Click on members, then membership forms.

Please verify your office is using the most current forms!

 

Now office managers and individual agents can all renew annual MLS subscriptions online. Individual agents -- anyone who is a MLS subscriber -- can now go online to view and pay their annual renewal fee. Ask your broker first, to see if you are already covered. When you pay online, you also receive both a printable and an e-mailed receipt immediately after payment and credit card approval.

Click and log in to renew here >>

 

DAR is offering REM 102 - Introduction to Managing Small Business Properties on Friday, July 13^th from 8 a.m. - 5 p.m. This valuable course guides real estate professionals through strategies to maximize profits and avoid pitfalls associated with small business properties. Learn the necessary skills required to successfully maintain or enhance property value and meet standard market expectations. For more information call 303-734-4444 or Click Here to register.

 

Are you interested in obtaining a specialty license plate? This is a great way to let people know you are a REALTOR^®. Simply call DAR for a DMV specialty application. Return completed form along with a $20 check, a copy of the registration to the vehicle on which the specialty plate will be displayed, and the license plate number you would like to request. This process will take approximately four-six weeks. If you have additional questions, please contact DAR for more info at 302-734-4444.

 

MARK YOUR CALENDAR
The DAR Convention is scheduled for September 12^th - 14^th at the Ruddertowne Complex in Dewey Beach. For complete details on this year's event, visit DAR's Convention Website.

Register here, before August 15^th to receive the early bird rate of $125 for DAR members.

 

The second bus going to NY to see Wicked on Broadway is also full. If you would like to be put on a waiting list, please let Barbara know by emailing her at Barbara@scaor.com.

 

 

Completing Fact Sheets

This article stems from a recent complaint that I heard about from a REALTOR^®, who had a Buyer wanting an investment property with rental income attached.

Read About It Here >>

 

REALTOR.com, NAR's official property listing web site, is launching several web site enhancements, including more property photos with listings (from 6 to 25), REALTOR^® blogs, and showcasing listings with mapping and satellite imaging. The new features, which are currently being rolled out, are expected to be completely available this month. REALTOR.com will also be offering neighborhood information, advanced search capabilities, and a search gadget (or widget), so that consumers can have a photo slideshow of available listings, continually updating and matchng their search critera, playing on their computer desktops.

Read more about the REALTOR.com updates.

 

Article 14
If charged with unethical practice or asked to present evidence or to cooperate in any other way, in any professional standards proceeding or investigation, REALTORS^® shall place all pertinent facts before the proper tribunals of the Member Board of affiliated institute, society, or council in which membership is held and shall take no action to disrupt or obstruct such processes.
(Amended 1/99)

Standard of Practice 14-1
REALTORS^® shall not be subject to disciplinary proceedings in more than one Board of REALTORS^® or affiliated institute, society or council in which they hold membership with respect to alleged violations of the Code of Ethics relating to the same transaction or event.

Standard of Practice 14-2
REALTORS^® shall not make any unauthorized disclosure or dissemination of the allegations, findings, or decision developed in connection with an ethics hearing or appeal or in connection with an arbitration hearing or procedural review. (Amended 1/92)

Standard of Practice 14-3
REALTORS^® shall not obstruct the Board's investigative or professional standards proceedings by instituting or threatening to institute actions for libel, slander or defamation against any party to a professional standards proceeding or their witnesses based on the filing of an arbitration request, and ethics complaint, or testimony given before any tribunal. (Adopted 11/87, Amended 1/99)

Standard of Practice 14-4
REALTORS^® shall not intentionally impede the Board's investigative or disciplinary proceedings by filing multiple ethics complaints based on the same event or transaction. (Adopted 11/99)

 

NAR's forward-looking Pending Home Sales Index shows existing-home sales may ease but should stay fairly close to present levels in the months ahead. The Pending Home Sales Index, based on contracts signed in May, rose in the West and Northeast, while falling in the Midwest and South. The national index stood at 97.7, dropping 13.3 percent from a 112.7 reading a year earlier. Lawrence Yun, NAR's senior economist, says housing activity continues to be impacted by tighter lending criteria and a lack of buyer confidence. "Some transactions are being postponed from mortgage market disruptions," he says. "But better supervised lending will put housing in a fundamentally healthier state over the long term."

 

Lockbox Firmware Upgrade 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.

Read More at the SentriLock Q&A >>

 
Congratulations to our SentriSecure Offices!

SentriSecure Brokerages as of 7.6.07 >>
Brokerages with Combo Boxes as of 7.6.07 >>

 

Legislation introduced last week on Capitol Hill would create a National Affordable Housing Fund for the building, rehabilitation, and preservation of affordable homes and rental units. The bill, "National Affordable Housing Trust Fund Act of 2007," H.R. 2895, would make funds available for rental housing and down payment and closing cost assistance for low-income people. "Sadly, the stock of affordable rental units is rapidly declining and the difficulty of finding affordable homes to buy is increasing," NAR President Pat V. Combs says. "This fund can have an immediate impact for many families." NAR pledged its support of the bill in a letter to Rep. Barney Frank (D-Mass.), chair of the House Financial Services Committee. For more info, contact Megan Booth, 202-383-1222

 

July 10^th - August 7^th Delaware News & Meetings Posted

 

To be on the SAFE SIDE, please review the MLS Rules and Regulations to eliminate errors in the system which could lead to MLS violations and fines. To print out a copy of the rules, simply click on "standard forms" in InnoVia. Click on "2005 MLS fine system-rev07-04.pdf" for a complete list of MLS violations and fines associated with them. For the latest version of the MLS Rules and Regulations click on "2007 MLS Rules.pdf". These rules and regulations have been submitted and reviewed by NAR and are in full compliance with National Association policy.

 

© 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