January 11, 2008

 

THE RESULTS ARE IN: MEMBERS SUPPORT EXPANSION!

Yesterday, January 10, 2008, over 280 members attended the General Membership Meeting held at the Cheer Center in Georgetown. SCAOR membership overwhelmingly voted in favor of the proposed capital expenditure for the addition, construction, and remodeling of existing SCAOR offices at Park Avenue. Additionally, SCAOR members voted to table the discussion on the proposed amendments to the SCAOR by-laws until the by-laws Committee completes and recommends additional modifications. Thank you to all for your participation and comments during our meeting. Public Awareness Bill Lucks, President of SCAOR, announced the continuation of a Presidential Advisory Group on Public Awareness for 2008. Rob Harman, Past President; Sandy Hughes; and Nick Carter will join the 2007 PAG on Public Awareness to complete a comprehensive plan for REALTORS®. For Your Eyes Only! In the near future, SCAOR members will be able to access members only information through At A Glance. We want to keep you informed on the latest developments. Special initiatives and information will be accessible for your perusal. You will use your NRDS number to access this special content.

 

Learn more about financial options that are available to your buyers in this tough market.

This is the first available class this year that qualifies for license renewal. . . start by taking this class and finish your license renewal process early!

Register here >>

 
WOMEN'S COUNCIL OF REALTORS^® IS COMING TO SUSSEX COUNTY

Be a part of a national network of successful REALTORS^®. Join Ruth King, SCAOR Executive Vice President, on January 23, 2008, at 3:30 p.m., at the SCAOR office. Find out what Women's Council is all about!   P.S. It's Not Just for Women!! For more information, please contact Brad Riedle at 302-227-4800 or email briedle@remax.net.

Please RSVP Here >>

 

CLASSES ARE FILLING UP AND SELLING OUT - VIEW 2008 SCHEDULE! Register Today and SAVE $$$$! $5.00 PRICE INCREASE IN SCAOR CLASSES AS OF MARCH 1 The SCAOR Education Committee has voted to increase the price of education classes. In January and February, SCAOR members will pay $40.00 per class; non-SCAOR REALTORS®, $45; and non-members/non-REALTORS®, $50.00. In March, prices will increase $5.00, so sign up now for January and February classes, and SAVE! ALL CLASSES WILL BE HELD AT THE SCAOR OFFICE UNLESS OTHERWISE NOTED. Registration will not be taken over the phone. No credits will be issued to late arrivals. Please notify SCAOR of any disabilities requiring special accommodations.

 

Donna Neithardt of Home Team Realty in Seaford, and Marilynn Kuebler of RE/MAX Realty Group in Rehoboth have both earned the highly coveted and respected Accredited Buyer Representative designation.

Please join SCAOR in congratulating both ladies on this hard earned achievement.

 
 
 

I am pleased to announce the 2008 Public Awareness Campaign. This year's campaign aims to give consumers the facts about the long-term value of real estate and current market conditions to balance the sometimes incomplete and sensational information presented in the national media.

The campaign launches nationally on January 14. The TV and radio ads will air more than 10,000 times on national TV and radio outlets from January through November, continuing the campaign's on-air presence for 11 months of the year.

In addition to the advertising placed by NAR and various local and state REALTOR^® associations, the campaign includes Web banners, presentation materials, and other resources that you can use to enhance your business.

For a special preview of the 2008 campaign materials and media schedule CLICK HERE.

Thank you again for your continued support of the Public Awareness Campaign.

Sincerely,

Dick Gaylord
2008 NAR President

 

We have four quick questions for you:

1. Are you between being new and being a veteran?

2. Do you have less than 3 years experience as a REALTOR^®?

3. Would you like to increase your knowledge and network with other Rookie REALTORS^®?

4. Would you like to have fun while you learn and explore your profession?

One short answer:

If  YES, join the Rookies for their first meeting on Wednesday, January 30 at 1 p.m. at the SCAOR office.

 

We've Come a Long Way

Many of you know that I am a Professional Standards Instructor. That means I teach the Code of Ethics. This week NAR sent us a copy of the 1913 Code of Ethics by email. I hope you will enjoy the "old Code" as much as I did, and I am sure that you'll get a chuckle or two out of it.

Read on >>

 

Access the book online immediately!

At home or at work, downloading the book all at once or by sections,
in a streamlined PDF printable / viewable format, getting your book is now so convenient!

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

 

 

Delaware's 2008 Low Income Housing Tax Credit Qualified Allocation Plan (QAP).

Delaware State Housing Authority (DSHA) is in the process of finalizing the State of Delaware's 2008 Low Income Housing Tax Credit Qualified Allocation Plan (QAP). A public hearing will be held to discuss the proposed QAP, as follows: Next Friday, January 18, 2008 10:00 a.m. - 12:00 p.m. at the Department of Natural Resources & Environmental Control (DNREC) Auditorium 89 Kings Highway Dover, DE Oral and written comments will be accepted until that time. Written comments may be sent to: DSHA, 18 The Green, Dover, DE 19901, Attn: Lisa M. McCloskey. After considering the comments received, DSHA will recommend the final QAP to the Governor for approval. Once approved, the QAP will be available to the public on the DSHA Website: www.destatehousing.com

If you have any questions about the Low Income Housing Tax Credit Program in Delaware, please contact: Lisa M. McCloskey Housing Finance Officer II Delaware State Housing Authority (302) 739-4263 lisam@destatehousing.com In the event of inclement weather, the meeting will be held Friday, January 25, 2008 at the same location and time.

 
 

Below is a case interpretation related to Article 4. Please read the complaint and make a judgment on how the Professional Standards Panel should rule. The Hearing Panel's decision will be published in next week's newsletter.

Case #4-4: Responsibility for Subordinates
(Revised Case #13-6 May, 1988. Transferred to Article 4 November, 1994. Revised November, 2001.)

REALTOR-ASSOCIATE^® B, a sales associate in REALTOR^® A's office, exclusively listed a suburban house and subsequently convinced the seller to accept $20,000 less than the listed price. Several weeks after the transfer of title, the seller filed a written complaint with the Board, charging REALTOR-ASSOCIATE^® B with a violation of Article 4 in that REALTOR-ASSOCIATE^® B had sold the property to his mother without disclosing this relationship to his client, the seller, and that REALTOR-ASSOCIATE^® B got the price reduced for his mother's benefit.

The complaint was reviewed by the Grievance Committee which, with the complainant's concurrence, named REALTOR^® A as an additional respondent.

At the hearing, REALTOR-ASSOCIATE^® B stated that he saw nothing wrong in selling the property to his mother and that the seller would have accepted the contract at the reduced price, even if the buyer had not been REALTOR-ASSOCIATE^® B's mother. REALTOR^® A stated that REALTOR-ASSOCIATE^® B was an independent contractor licensed with him. REALTOR^® A acknowledged that he was accountable under the Code for the actions of other REALTORS^® and REALTOR-ASSOCIATES^® associated with him but shared with the panel information on his firm's orientation program. He noted that he required each licensee joining his firm to complete board-sponsored Code training. In addition, he required everyone in his firm to read Professionalism in Real Estate Practice, and produced a form signed by REALTOR-ASSOCIATE^® B stating that he had carefully read and understood his personal obligation under the Code of Ethics.

How do you think the Professional Standards Panel ruled?
Find out in next week's At a Glance.

 

The MLS Committee is soliciting volunteers for vacancies on the Committee. The Committee needs two brokers of record and one broker to serve on the Committee for staggered terms.

The current Committee roster is:

Rick Allamong, Chairperson, Coldwell Banker RR, Bethany	12/31/2009
Sandra Greene, Vice Chair, Seacoast Realty	12/31/2009
Fred Dean, Long and Foster, Rehoboth	12/31/2010
Jeff Fowler, Remax Realty Group, Rehoboth	12/31/2009
Karin Hamilton, Callaway, Farnell & Moore, Seaford	12/31/2009
Bob McVey, Century 21 Maggio/Shields	12/31/2009
Dwayne Mousley, Remax Coast and Country	12/31/2008
Wanda Rash, Century 21 Tull Ramey, Seaford	12/31/2009
Andrew Ratner, Prudential Gallo, Lewes	12/31/2008

Please contact Kristi or Ruth, as soon as possible, for a Committee application form.

 

MarketLinx and SCAOR are proud to release a new Monthly Report on Innovia. 5 different reports are now available to our MLS members:

• Active Listings Report
• Sales Trend Report
• Sales History Report
• Sales History Report by Type
• Sales Medians Report by Type

These reports are for residential listings only and are posted shortly after the end of each month. The stats are based off of the User Entered dates for listings on InnoVia. Each month, the current year- to -date numbers are recalculated as of the date they are posted. Log on to InnoVia, click on the reports tab and select Monthly Reports. We think you will enjoy this new easy report format.

 
 

 
Listing of January 14, 2008 through February 14, 2008
Delaware News & Meetings

 

 
 
 

Did you know there was a listing of answers and instructions for Frequently Asked Lockbox Questions?   Find them here at the SentriLock Q&A Archive >>

 
Congratulations to our SentriSecure Offices!

SentriSecure Brokerages as of 1.10.08 >>

Brokerages with Combo Boxes as of 1.10.08 >>

 

© Copyright 2008 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