At a Glance
for Non-paid Offices
9 am
Affiliate Committee Meeting
9 am
Board of Directors Meeting
9 am
MLS Committee Meeting
Rookies Committee Meeting
3 pm
Government Affairs Meeting
9 am - 12 noon
MLS Orientation
9 am - 4 pm
New Member Orientation
at SCAOR
County Council Lunch
Tentative Date
10:30 am - 12 noon
DAR Board of Directors Meeting at Dover Downs
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
| Wanting to Make a Difference? 2010 BOARD OF DIRECTORS Nominations Are Due TODAY Monday, July 6
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TO All SCAOR REALTOR® Members If you are interested in applying for any of the positions listed below, please complete the online nomination form or the attached PDF nomination form and return it to SCAOR by TODAY, Monday, July 6. Please supply as much information about yourself as possible. The Nominating Committee will review, in detail, all applications received. Its recommendation for a Slate of Officers to the Board of Directors will be based upon the information you provide. Apply here. . . Deadline is TODAY Monday, July 6th!
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| MLS SHUT-OFF WARNING ANNUAL RENEWALS ARE PAST DUE AS OF LAST THURSDAY, July 2 |
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| MLS access will be shut off for any office who has unpaid agents as of TODAY, July 6. There will be a $50 reconnect fee for each agent.
If you have any questions, email Crystal@scaor.com. |
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Monday, Monday . . . As of TODAY Monday, July 6,
start your week off with AAG.
We are revising the At a Glance schedule from each Friday to each Monday (except for holiday Mondays when we'll broadcast on Tuesdays). Thanks for your readership and your participation in SCAOR!
Not receiving At a Glance and reading a forwarded copy?
Please log in to www.SCAORstore.com today to update your membership profile.
Next Tuesday, July 14
4:00 - 5:30 p.m.
at the SCAOR office
23407 Park Avenue
Georgetown, DE
Meet, greet & have fun!
Bring your own team of four or we'll create teams at the door!
Prizes and fun for everyone!
Complimentary food, beer & wine!
Sponsored by the Rookie Committee. Not just for rookies anymore!
Free, but please RSVP at scaorstore.com
or by returning the flyer to Gail.
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Voice YOUR opinion! Rookies are conducting an informal survey of SCAOR members to learn what you would like more support and information on as they line up events for the rest of 2009.
Please contact Charlie Schwinabart of the Rookies Committee at cmschwin@kw.com.
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When Is a Real Estate Agent a REALTOR®? A real estate agent is a REALTOR® when he or she becomes a member of the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate®, the world's largest professional association. The term "REALTOR®" is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and abides by its strict Code of Ethics. |
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Are you working with Spanish or French speaking buyers or sellers? SCAOR has a newly approved instructor who is willing to help REALTORS® with interpreting. If there is enough demand, a Spanish or French course can be offered.
To contact her directly, email Martha Curtiss-Crotsley at desi77m@gmail.com or call her at 302-933-0600.
NEW SEPTIC REGULATIONS & THEIR IMPACT ON BUYERS AND SELLERS
Next Wednesday, July 15, 2 - 4 pm TO SCAOR
FREE - Just RSVP at www.scaorstore.com Events!
The questions you wouldn't think to ask but need to know.
FREE Septic Update from SCAOR, Gerry Desmond of Clean Delaware and BOD members Judy Dean and Sandy Greene.
The market is heating up and you need to know and understand the newly enacted Septic regulations! SCAOR offers this FREE event to REALTORS® to update their knowledge of all the new regulations and how they will impact buyers and sellers. This non-credit course is the place to come to learn all about it.
FRIDAY, AUGUST 28 - MAXIMIZE THE MLS!
Rick Allamong, a former MLS Committee chairman, will instruct attendees on how to utilize the MLS to its maximum potential. The class will be held on
Friday, August 28 from 10 a.m. to Noon.
The June 26 session "Sold Out" - Click here to register early >>
These events are a FREE member benefit from SCAOR.
Tuesday, August 18
11 a.m. - 1 p.m. at SCAOR
SCAOR is hosting a luncheon and meeting just for you...
We'll cover recent changes to the MLS, SafeMLS Token Overview, SentriLock Update, New SCAOR Website, NAR's Online Certification Course for Real Estate Professional Assistants (REPA) . . . just to name a few.
This is your chance to get YOUR questions answered, and get the information you need to help your office run smoothly.
Tuesday, August 25
9:00 a.m. - 4:30 p.m.
at SCAOR
Also provides 6 CE credits
$165 includes CRS course, books and lunch
Certified Residential Specialist (CRS) training will give you in-depth knowledge about business planning, listing presentations, negotiating and closing smoother transactions, working in the buyers' and sellers' best interest and building a referral business.
There is so much to gain! - sign up soon >>
Are You Looking for a New Career?
Get your Delaware Real Estate License with the Sussex County Association of REALTORS®
99-HOUR ACCREDITED PRE-LICENSING COURSE
Dates:
August 25 through November 19, 2009
Tuesday and Thursday evenings
6 - 10 p.m.
Location:
23407 Park Avenue
Georgetown, DE 19947
Price:
$700 (includes all books)
$250 Law only (includes books)
Don't miss this opportunity to become a licensed real estate salesperson!
This course may be eligible for VA Education benefits.
To register, complete the attached flyer and return to
Contact TracyLee@scaor.com for more details.
TracyLee@scaor.com or fax to TracyLee at 302-855-2319.
Delaware State Housing Authority offers competitive homeownership assistance through programs for First-Time Homebuyers, Second Mortgage Assistance Loans and Live Near Your Work incentives. These programs provide potential homebuyers with the financial assistance needed to cover down payment and closing costs with practically zero out-of-pocket expenses from the borrower.
The sagging economy, including our sluggish real estate market, is impacting our neighbors and even our members. The following information may help you or someone you know.
The Delaware State Housing Authority (DSHA) announced a new program to assist home owners facing foreclosure. The Program, "Foreclosure Mitigation Initiative" has a team approach to create connections with various agencies and provide tools including emergency financing and long-term solutions. You or someone you know may have a "set back" as a result of:
- Temporary loss of employment due to layoff, strike, or plant closing
- Illness, disability, or death
- Divorce or legal separation
Know your rights and know resources to help your customers.
Major Components of the Neighborhood Stabilization Plan . . .
County Rehab - Sussex County would use federal funding to lend money to partners, including Habitat, which would buy and rehabilitate homes and then pay back the program as the houses are sold to new buyers.
Buyers must meet eligibility and income requirements, not making more than 120 percent of area median income. For a typical family of four, about $70,000 per year. Homes purchased must be for primary residences, not used as investment properties or second homes, and must be located within five targeted areas of the county where foreclosure rates have been the highest in the past 18 months: Georgetown, Greenwood, Laurel, Milford and Seaford ZIP codes.
Homebuyer Zero-Interest Loans - Sussex County would also use a portion of the federal funding to establish a homebuyer assistance program that would make up to $50,000 in zero-interest loans available to other low- and moderate-income buyers purchasing foreclosed homes.
SCAOR Association and REALTOR® Involvement - Sussex County will also partner with NCALL Research Inc. and First State Community Action Agency to provide federally required counseling for all homebuyers making use of the program. And the County will work with the Sussex County Association of REALTORS® to find potential homebuyers and target qualifying foreclosed homes.
Click here for entire news release >>
Click here for PDF of news release >>
Set aside $27 per week, each week. Begin now, and you will have your SCAOR dues saved and ready to pay when mailed in late September. SCAOR is working diligently to help you in a challenging market.
Continue to save for the next sixteen weeks, and you will have enough to pay your 2010 dues, before the November 1st deadline, with no penalties.
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This Friday, July 10, 2009 7 - 10 pm Complimentary Wine & Hors D'oeuvres Reception Silent & Live Auction, Cash Bar Available 100% of money raised goes to Georgetown Boys & Girls Club! Reception sponsored by Tavern on the Circle Ony $25 per person / $125 table of 6 Call (302) 856-4903 or The Brick at 855-5800 for tickets. |
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SCAOR DOES MORE: Helping to Meet the Needs of Our Community. Statewide there are over 10,500 families in need of food. Now There's a Simple Way to Help!
Simply bring a can of food or donate $1 - all of which will go to our Local Food Banks - anytime you attend any Board function, C.E. class, Committee meeting, or stop by the Board Office for any reason. We have 60 people attending one MLS training function today, numerous visits a day, classes, meetings . . . one dollar or one can adds up. Please participate! For the benefit of our Food Banks, there will also be a "Fee" of $5 for any cell phone ringing during any of the functions being attended. One Can or One Dollar is a small contribution to make for those less fortunate and in dire need, to supply the basic needs of a healthy meal. All monies and or food will be distributed here in Sussex County. |
FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development on so-called home buyer tax credit loans that was released today.
Under the guidance, FHA-approved lenders can develop bridge loans that home buyers can use to help cover their closing costs, buy down their interest rate, or put down more than the minimum 3.5 percent.
Click here for full details >>
Case #1-15: Obligation to Advise Client on Market Value
Client A went from his hotel to REALTOR® B's office and advised that he formerly lived in the community, and had kept his home as an income property after he moved away. The house had been vacant for several months and he had decided to sell it. He asked if REALTOR® B could drive him to look at it. As they inspected it, Client A stated that he would be happy to get $80,000 for it. REALTOR® B listed it at that price and after a few days it was sold to Buyer C.
Six months later, Client A was in town again. Hoping to recover a box of old photographs he had left in the attic, he called on Buyer C, whom he had met at settlement. When he arrived he found that Buyer D then lived in the house. He expressed some surprise that Buyer C had sold it so soon, and learned that Buyer D paid $140,000 for it. Astonished, Client A then made some inquiries as to the market values and learned that he had grossly under priced his house when listing it with REALTOR® B. He went to the Board of REALTORS® office and filed a complaint against REALTOR® B charging him with unethical conduct in not having advised him as to the property's fair market value.
At the hearing, REALTOR® B's defense was that he had not been asked to put a price on the house, but had accepted agency on the basis of a price set by the client; that the client had stated he "would be happy" to get $80,000 for it; that he was glad to get a listing that would move quickly in the market; that he had done nothing unethical since he had not bought it himself; and that while he had honestly pointed out to the buyer that the house was a bargain, he had made no effort to induce relatives or business associates to buy it.
On questioning, he conceded that after looking at the house with Client A, he realized the property was being listed at about half its fair market value, but insisted that was his client's business; that different owners have different reasons for selling and pricing their property, but acknowledged that Client A had not indicated that he needed a quick sale or that he would make any price concession.
The Hearing Panel pointed out that brokers have no hesitation in advising clients that properties are overpriced when this is the case, and they are obligated to be equally candid in providing their best judgment to clients when properties being offered for sale are obviously underpriced.
Based on your understanding of the Code of Ethics Article 1, how do you think the Professional Standards Panel ruled?
Find out in next week's At a Glance!
Full Listing of July 7, 2009 through August 12, 2009
Delaware Planning News & Meetings >>
REALTOR SUPPORTED LEGISLATIVE CHANGES WON AT 1 AM
— IN FINAL HOURS OF 145th GENERAL ASSEMBLY
It is critical to respond to calls for action to demonstrate the strength of REALTORS® in the state of Delaware. . .and you did just that!
Special thanks to all members who came to Legislative Hall and who contacted their legislators this year to help protect private property rights and homeownership opportunity for all. It is through YOUR active involvement that many onerous pieces of legislation were prevented from passing: including a rental tax, anti-workforce housing bills, legislation that would dramatically expand state control of land use decisions, and legislation that would have undermined current deed restrictions.
Condo Changes Pass Senate! HB 156 and HB 183, legislation making important changes to DUCOIA legislation passed, clearing the Senate a little after 1:00 a.m. on the last day of session.
Dewey Height Restrictions: HB 50, the request for Dewey to add provisions to their charter limiting height restrictions, did not make it to the assembly for a vote.
Read the details here of legislation impacting YOU and the Delaware economy, and get the inside scoop on legislation which will likely appear in the next session.
Contact DE Association of REALTORS® Government Affairs Director Charlotte Herbert
at 302-734-4444 or charlotte@delawarerealtor.com to help.
Congratulations to Tom Cooper of Cooper Realty, on his appointment to the Wilmington River Front Authority Board.
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| A U G U S T | |||
| 6 | PR Committee Meeting | 9:30 am | |
| 11 | MLS Committee Meeting | 9 am | |
| 13 | MLS Orientation | 9 am | |
| Affiliate Meet and Greet | 5 - 7 pm | ||
| 17-18 | GRI 401: Becoming Techno Savvy - Designation Class at DAR | 8 am - 5 pm | |
| 18 | SCAOR Administrators Luncheon | 11 am - 1 pm | |
| 20 | Government Affairs Meeting | 3 pm | |
| 24-25 | NAR Leadership Summit | ||
| 25 | CRS 111: Short Sales and Foreclosures - Designation Class at SCAOR | 9 am - 4:30 pm | |
| Real Estate Pre-licensing Course Begins | 6 - 10 pm | ||
| 28 | FREE MLS Training | 10 am - 12 noon | |
| S E P T E M B E R | |||
| 3 | PR Committee Meeting | 9:30 am | |
| Government Affairs Meeting | 3 pm | ||
| 7 | Labor Day - SCAOR and DAR Association Offices Closed | ||
| 8 | MLS Committee Meeting | 9 am | |
| 11 | RPAC Duck Race at Jungle Jim's in Rehoboth | 4 - 8 pm | |
| 15 | New Member Orientation | ||
| Rental Affairs Committee Meeting | 8 am | ||
| Education Committee Meeting | 11 am | ||
| 17 | Board of Directors Meeting | 9 am | |
| MLS Orientation | 5 - 9 pm | ||
| 22 | Foundation Meeting | 9 am | |
| 22-23 | GRI 101: Planning & Developing a Real Estate Business - Designation Class at DAR |
8 am - 5 pm | |
| 24 | General Membership Meeting | 8:30 - 11:30 am | |
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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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