2:00 pm
Midyear EXPO and
Capitol Hill Visit
Sign up for the Bus Ride
8:00 am
Rental Affairs Meeting
9:00 am
Board of Directors
Government Affairs Meeting
Memorial Day - SCAOR and
DAR Offices Closed
Steve Alexander
Judy Dean
Susan Mills
Sandy Greene
Donna Neithardt
Bill Lucks
by 3-digit extension:
Reception, SentriLock, Website
Memberships, Bus Trips
MLS / IDX
Executive Vice President
Education, Ethics & Events
| GREEN DESIGNATION Be recognized as pro Green . . . while not spending much green |
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Sussex County Association of REALTORS® presents
REALTORS® are traveling from near and far to attend the Green Designation at SCAOR. Did you know that the 3 day course offered by SCAOR is advertised on NAR's website? Our pricing is so good, REALTORS® from NY, MD, VA, DC and elsewhere have already registered to attend and stay in the area for the entire 3 days! Don't miss out on this excellent NEW designation from NAR, that's available right in your own backyard.
Earn 9 CE for re-licensing plus learn the following:
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| Register to earn YOUR Green Designation here >> |
| ALL ABOARD FOR MIDYEAR TRADE EXPO Wednesday, May 13 |
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Access 100 Exhibitors at the Midyear Trade Expo.
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Tuesday, May 12, 3:00 - 4:30 p.m.
at the SCAOR Office
- Websites
- Database Management
(choosing a database and managing your prospects) - Social Networking
(Facebook, Linked In, MySpace) - Blogs - How to Get Started
- Wikis - Managing Info Online
- Open Source Alternatives
(free programs similar to Outlook, Word & Excel)
Presented by Frank Payton and Steve Robison of Fine Line IT Consulting,
a web design and IT consulting firm located in Lewes.
Sponsored by the Rookie Committee. Not just for rookies anymore!
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MLS dues will be due July 1
Budget ahead in this economy, and be prepared! |
Drop a "thinking of you" email to jim.waggoner@longandfoster.com or snail mail to:
1205 Ocean Parkway Berlin, MD 21811.
Over 55 brokers attended the Broker breakfast yesterday at the SCAOR facility. Topics covered included Foundation update, MLS update, Statewide Agreement discussion, forms and DE Real Estate Commission updates.
Special thanks to Ed Lawler from NAR for traveling to our broker's breakfast. Also attending were DAR 2009 President Todd Stonesifer and Phil McGinnis, RPAC major donor coordinator.
Winners of the drawing: Sharon Palmer, Dolores Desmond, and Harry Wooding.
EARN 6 CEU IN ONE DAY - Monday!
While the market is warming up, now is the BEST time to work ahead on your CE credits. Mandatory agent classes are held back to back this Monday, May 4, instructed by SCAOR EVP Ruth Briggs King and Educator of the Year 2008 Shirley Kalvinsky. Learn from the best, and be ready to focus solely on your customers the rest of the year. Broker Core is instructed by Bruce Plummer on Thursday, May 7.
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Members: Only $25
Non-Members: $75
Use it today - on your laptop, by sections of interest or the entire COMP document, printable too!
| $8,000 First-Time Homebuyer Tax Credit 10 Money-Earning Facts |
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The 2008, $7,500 repayable credit is increased to $8,000 and the repayment feature is eliminated for 2009 purchasers. To be eligible, there is an income restriction of no more than $75,000 for single head of household. Married couples who file a joint return may have income of no more than $150,000. |
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Only first-time buyers are eligible; that is, if he/she has not had any ownership interest in a home in the three years previous to the day of the 2009 purchase. |
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Every dollar of a tax credit reduces income taxes by a dollar. Thus, a qualified purchaser would determine all income items and exemptions and make all calculations required to determine his/her total tax due. Then, the tax credits are applied to reduce that computed total tax bill. |
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If the purchaser's tax liability is less than the credit, the IRS would send the purchaser a check for the balance. |
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For an informative list of Frequently Asked Questions, click here. |
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For the IRS First-Time Homebuyer Credit form, click here. |
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For IRS filing guidance, click here. |
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The Delaware State Housing Authority (DSHA) Has Programs to Supplement the $8,000 Tax Credit: DSHA has a first-time homebuyer program where they provide first mortgage financing at below-market interest rates to low-and moderate-income Delaware homebuyers. They have a second mortgage assistance loan program which may provide down payment and closing cost assistance up to $10,000. For more information on DSHA programs, click here. |
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You might also be asked about the latest on restructuring or refinancing mortgages. For information on President Obama's Make Home Affordable Program and the Treasury Department's Guidance, click here. |
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As members of the National Association of REALTORS®, we must always be cognizant of the proper use of the word REALTOR® and the REALTOR® logo. |
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Help your struggling customers keep their homes.
Sponsored by NCALL Research and housing counselors, these seminars provide help and hope. Contact NCALL at 302-678-9400 to sign up for any of the following seminars held at NCALL's office located at 110 S. Bedford Street in Georgetown.
| May 18 | 6 - 8 p.m. | |
| June 15 | 6 - 8 p.m. | |
| July 13 | 6 - 8 p.m. |
| Date: | THURSDAY, MAY 7 |
| Time: | 9:00 AM - 4:00 PM |
| Location: | Association Office 23407 Park Avenue Georgetown, DE 19947 |
| Instructor: | Bruce Plummer |
| CEUs: | Approved by DREC for 6 Hours CE Mandatory for Brokers Elective for Agents |
| Click here to register >> | |
Case #14-3: Submission of Pertinent Facts
Buyer A filed a complaint against REALTOR® B, the listing broker, involving a property purchased earlier by Buyer A.
REALTOR® B was notified of the complaint, directed to be present at a hearing, and requested to present to a Hearing Panel of the Board's Professional Standards Committee all pertinent facts relating to the transaction. REALTOR® B's response was a statement that he would refuse to submit any information in the matter to a Hearing Panel and would not attend the scheduled hearing, on the grounds that the complaint itself was not justified.
Explaining his position, REALTOR® B stated that his participation in the transaction was exclusively as the agent of the seller; that he had not been representing the buyer; and hence, could not be subject to complaint by the buyer for simply transmitting information on behalf of the seller.
All of his statements concerning the property, REALTOR® B said, were based on information supplied to him by his client, the seller. Any error in this information, he contended, might well provide the basis for a lawsuit between the buyer and seller. As the agent of the seller, he felt that he was not answerable to the buyer for having done no more than transmit information proved to him by the seller.
Based on your understanding of the Code of Ethics Article 14, how do you think the Professional Standards Panel ruled?
Find out in next week's At a Glance!
Full Listing of May 5, 2009 through June 10, 2009
Delaware Planning News & Meetings >>
Legislative Action Day - THANK YOU FOR A RECORD TURN-OUT !!
This Wednesday, REALTORS® from across the state came to Dover to let their elected officials know that protecting homeownership is key to Delaware's future. DAR heard from Speaker of the House Bob Gilligan, Minority Leader Danny Short, House Economic Development, Banking, Insurance and Commerce Committee Chairman Bryon Short, Senator David McBride, and Representatives Gerald Hocker and Mike Ramone. DAR was joined by several other members of the General Assembly for lunch. The day proceeded with more legislative meetings and concluded with a packed reception at DAR's office in Dover.
Please stay active. Communicate with your elected officials regularly about issues important to you. At the Federal level, sign up to meet Senators Carper and Kaufman and Representative Castle in DC on May 13. At the state level, read on about important Delaware laws which our officials are currently trying to enact >>
If REALTORS® are silent, all levels of government will find it easier to adopt policies harmful to our industry and the millions of homeowners and potential homeowners that we represent.
> > TICKET SALES NOW OPEN > >
Only $150 early bird pricing through June 30
or sell out, whichever comes first.
This includes bus trip to New York City, snacks, and orchestra seats.
Order now - Limited tickets are available for this much sought after show.
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| J U N E | |||
| 9 | Awards Luncheon at SCAOR - "Save the date" | 11:30 am | |
| 18 | MLS Orientation | 5 pm - 8 pm | |
| 23-24 | GRI 501: Professional Development - Designation Class at DAR | 8 am - 5 pm | |
| 30 | Last Day - "Jersey Boys" Early Bird Pricing | 12 midnight | |
| J U L Y | |||
| 1 | MLS Annual Renewal Deadline | ||
| 3 | July 4th Holiday - SCAOR and DAR Offices Closed | ||
| 9 | Affiliate Meeting | 9 am | |
| 14 | GRI 401: Becoming Techno Savvy - Designation Class at DAR | 8 am - 5 pm | |
| 16 | Board of Directors Meeting | ||
| Government Affairs Meeting | 3 pm | ||
| 21 | County Council Lunch Tentative Date | 3 pm | |
| 22 | DAR Board of Directors Meeting at Dover Downs | 10:30 am - 12 noon | |
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© Copyright 2009 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 |
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