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Sussex County Association of REALTORS®
July 27, 2009
Delaware Director Speaks
@ SCAOR
Grab the Train to Success
2010 Proposed Slate of Officers
Condo Changes
FREE Public Outreach
RPAC Duck Race Begins!
CRS & MLS Training
Fall 2009 CEU Schedule
Earn Your Real Estate License
Affiliate Meet and Greet
Administrators Luncheon
Legislative Watchdog
Final Gavel
Recording Fees Increase
This Saturday
Legislative Victories and Their Impact on You
Your Opinion Counts
Short Sale vs. Foreclosure
Tax Credit Can Be Used on Closing Costs
Affordable Homeownership Assistance
DSHA: Foreclosure
Mitigation Initiative
$2M in Federal Funds to Help Residents Buy Foreclosed Homes
One Can or One Dollar
Ethically Speaking
A Look Ahead
July 29
1 - 4 pm

MarketLynx Training
at SCAOR
August 3
2 - 4 pm

Grab the Train to Success!! Presented by Rookie Society, FREE ~ RSVP Today
Classes
Members Only
Member Directory
Quarterly Comp Book
President
Steve Alexander
President-Elect
Judy Dean
1st Vice President
Susan Mills
2nd Vice President
Sandy Greene
Treasurer
Donna Neithardt
Past President
Bill Lucks
D I R E C T O R S
Trina Joyner
Nora Martin
Sharon Palmer
Bruce Plummer
Andrew Ratner
(302) 855-2300
You may reach SCAOR staff
by 3-digit extension:
200 - Gail Shields
Reception, SentriLock, Website
201 - Crystal Hudson
Memberships, Bus Trips
202 - Opal McAdams
MLS / IDX
203 - Ruth Briggs King
Executive Vice President
205 - TracyLee Elmore
Education, Ethics & Events

 

Join us Wednesday, August 5 at 1:15 p.m.

The Honorable Al Levin, Delaware Economic Development Director and a Secretary in Governor Markell's Cabinet, is coming to SCAOR to speak to you, our members, on real estate issues.

FREE Members Event ~ Just your RSVP required >>

In December 2008, Alan Levin was nominated by then Delaware Governor-Elect Jack Markell to serve as the Director of the Delaware Economic Development Office where he now serves as a Secretary in Governor Markell's cabinet. In this role, Mr. Levin is responsible for the business and economic strategies for the State of Delaware.

Take advantage of this special opportunity to hear from Director Levin >>

 

GRAB THE TRAIN TO SUCCESS
Next Monday, August 3
2 p.m. - 4 p.m.

Join The Rookie Society at The Old Georgetown Train Station to
get inspired, back on track and refuel your business!

Success Starts Now!®
Speaker Joe Lewis shares proven sales strategies that are guaranteed to give you what you need to become a Top Producer versus an average producer in Today's Market.

FREE ~ Sign Up Now!
Seating is Limited

Share the Flyer

 

NOTICE TO ALL MEMBERS - PLEASE READ

2010 PROPOSED SLATE OF OFFICERS
The Board of Directors of the Sussex County Association of REALTORS® has approved the following slate of officers for the year 2010:
OFFICERS
President Judy Dean Long & Foster, Rehoboth
President-Elect Sandy Greene ResortQuest, Bethany
1st Vice President Trina Joyner Home Team Realty, Seaford
2nd Vice President Sharon Palmer Coldwell Banker Resort Realty, Rehoboth
 
DIRECTORS
One year Sue Bramhall Callaway, Farnell & Moore, Seaford
Three Year Nora Martin Remax Realty, Rehoboth
Three Year Brad Riedle Remax Realty, Rehoboth
 
NON-BALLOT POSITIONS
Past President Steve Alexander ResortQuest, Bethany
Treasurer Donna Neithardt Home Team Realty, Seaford
Director-two years Bruce Plummer Coldwell Banker Resort Realty, Rehoboth
Director-two years Andrew Ratner Prudential Gallo, Rehoboth

This is only an approved proposed slate of Officers - not the elected leadership for the upcoming year. Individual ballots will be sent out electronically in September.

According to our By-Laws, under Article XI, Section 4, Election of Officers and Directors, it states,

"The Board approved slate of officers shall be noticed to each member eligible to vote no later than August 10th. Additional candidates for the offices and directorships to be filled may be placed in nomination by a petition signed by at least five percent (5%) of the SCAOR membership in good standing. The petition shall be filed with the Executive Vice President by noon on the last working day of the month of August (August 31st). The Executive Vice President shall verify that signatures are authentic and that the petitioners are members in good standing of the Sussex County Association of REALTORS® and they meet SCAOR voting eligibility requirements, and will place any additional candidates on the ballot."

If anyone has any questions, please call the board office at 855-2300.

 
 
JUDY DEAN

Judy has been a REALTOR® for over 20 years. She and her husband Fred, a fellow REALTOR®, work together as The Dean Team.

As a former special education teacher in the Washington, D.C. metro area, Judy feels education and training are of utmost importance. She has earned the GRI, SRES, ABR and ePro designations, and in 2009 earned her Green and CRS designations. Additionally, Judy instructed a recent presentation at Sussex County Association of REALTORS® on the most recent septic regulation changes and updates.

Some of the numerous positions Judy has held include serving on the Sussex County Association of REALTORS® Government Affairs Committee since 2006; Co-Chair of the RPAC Duck race at Jungle Jim's; committee member of SCAOR's Housing Opportunities Partners Committee; Delaware Association of REALTORS® Board of Directors - 2008 and 2009; DelPAC Trustees for 2007 and 2008, Chair for 2009; and on the National Association of REALTORS® Land Use Committee - 2009.

When she isn't selling real estate, Judy also serves her community. Offices Judy has held include Past President of Georgetown-Millsboro Rotary; Past President of Possum Point Players Community Theater; and Chair of Economic Development Committee for Georgetown Chamber of Commerce - 2008.

Activities Judy enjoys in her limited free time are attending Possum Point Players presentations and spending time with her three dogs.

 

Next Tuesday, August 4, 2009
5:00 p.m. - 6:30 p.m.

SCAOR Education Facility
23407 Park Avenue
Georgetown, DE 19947

REALTORS®, interested Homeowner Association members, friends and neighbors who live in HOA covered communities - - ALL are invited to a free forum to learn about the newest legislative changes to the Condo / HOA laws. Be prepared before the new laws go into effect on October 1, 2009.

Click here to RSVP >>

 
DON'T BE A LAME DUCK - THE RPAC DUCK RACE BEGINS!

Here's the deal you don't want to miss. Sign up now to join us on
Friday, September 11, at Jungle Jim's in Rehoboth.

From 5 - 8 p.m. we'll enjoy a Steel the Show steel drum band, pizza, prizes,
margaritas and more!

A family-friendly end of summer splash . . . and it's all to support our industry and homeownership in Delaware.

RPAC Contributions to Attend:

$100 Office ducks
Decorate these large ducks to strut your office pride.
You can also earn an office duck by:
100% participation
        OR
Registering 10 or more REALTORS® from an office
Individual ducks (small ducks - different colorful styles)
      $20 for a REALTOR®/adult duck
$10 for a kid duck, ages 3 - 17
2 and under, FREE

(all youth must be accompanied by adult)
Family Quack Pack: $50 = 2 adults + 2 kids
Additional adults $15/duck; Additional kids $10/duck
(All must register at the same time.)
Affiliates are encouraged to purchase,
decorate and race office ducks.

Here's the duck pricing as a flyer to share with your office.

Jump into the RPAC Duck Pond Now >>

 

CRS 111: SHORT SALES AND FORECLOSURES
HERE AT SCAOR!

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

What's a CRS? 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.

Only 22 seats left - sign up today >>

FREE
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.

Last session "Sold Out"
Click here to register early >>

ALSO FREE - MARKETLINX TRAINING
THIS WEDNESDAY, JULY 29

FREE training will be offered by MarketLinx tech support onsite at SCAOR from 1 to 4 pm. Come learn all the newest capabilities to speed up your entry, searches and more in the MLS. Please do not bring your laptops.

Click here to register >>


 
 

Primary REALTOR® members!
Meet your CEU requirements, register for fast-selling classes like Title Search and the Brokers Core, even take a NEW Green Course offering . . . all with a $5 per class discount, only during September - November 2009.

Register online at www.scaorstore.com Classes!

 
 
 

 
Pre-licensing:
If you or someone you know is interested, please contact TracyLee right away. SCAOR is anxious to hold this class but must have 20 class attendees by August 1 or the course will be cancelled.

EARN 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.
Contact TracyLee@scaor.com for more details.

To register, complete the attached flyer and return to
TracyLee@scaor.com or fax to TracyLee at 302-855-2319.

 

Tuesday, August 11, 2009
5 p.m. - 7 p.m.
Georgia House in Laurel

Hors D'oeuvres

ALL REALTORS® & Affiliates Are Invited!

Please come out and join this social event to mingle with Affiliates & REALTORS®.

This is a perfect opportunity to NETWORK with existing and NEW business relationships.

RSVP to Crystal@scaor.com.

Click here for flyer >>

 

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.

Click here to register >>

 
 

Watchdog

Read the Final Gavel Report for a list of taxes and fees increased this year, action on bills impacting our industry and homeownership in Delaware, a partial list of bills that could have negatively impacted our collective industries and the rights of property owners but DID NOT SEE any FINAL ACTION, and more details from this past session of the General Assembly and our state's budget.

Your knowledge of and investment in all aspects of Delaware's politics keeps some of the bad stuff from happening. However, the minute we all walk away and think someone else is going to "do it", is when we lose.

Final Gavel Report from the 1st Session of the 145th General Assembly >>

Full Listing of Delaware Planning News & Meetings >>

 

RECORDING FEES INCREASE - This Saturday, August 1

Effective this Saturday, August 1, 2009, the state surcharge on each document or paper recorded or filed in all County Recorder of Deeds Offices will increase from $6.00 to $30.00.

The additional $24.00 surcharge fee will be utilized to promote, preserve, and protect the State's cultural assets, and the fees retained by the State shall be used to fund services through the Secretary of State, Division of Libraries, Division of the Arts, and the Division of Historical and Cultural Affairs. This amended Act will supplement the Delaware Cultural Access Fund.

For more details >>

 

After a late evening and early morning in Dover on June 30, the Senate passed HB 156 & 183 at 1:05 & 1:09 am on "Must Pass List 3," based on the many fine efforts of several of our members and our representatives from SCAOR & DAR.

These bills change the Delaware Uniform Common Interest Ownership Act & the Unit Property Act. They will ultimately get us back to having our sellers provide condo documents and the condo questionnaire, in conjunction with the property management companies, and to do both of these things prior to final signatures on contracts. At the same time, these bills have standardized many aspects of the prior versions, such as:

  • limiting the fees which property management companies can charge to no more than $250 ($200 for the form completion and the extra $50 if paper copying must be done),
  • limiting the time of response from property management groups to 10 days or no fee can be charged,
  • increasing the dollar amounts of condo or HOA fees to $500 annually as a threshold for compliance with condo questionnaire, etc.,
  • increasing the number of units from 12 to 20 for mandatory inclusion under this law, and
  • allowing for a 90 day period from the Governor's signature to effectiveness of this bill.

These new sections of the State code become effective on October 1st, 2009 so it is important to start boning up on the changes that are coming.

Click here to learn more >>

 
 

YOUR OPINION PLEASE

The Rookies are conducting an informal survey of SCAOR members. As we line up events for the rest of 2009 and the coming year, what would YOU like more information on, or more support in? We want to know what's on your mind.

Please contact Charlie Schwinabart of the Rookies Committee at cmschwin@kw.com.

 
 
RONNIE REALTOR®

Short Sale May No Longer Be the Better Option

I think you all know by now that when I see an interesting article, I like to share it with you. I received this from The Mortgage Market of Delaware and found it quite informative. It contains some helpful hints we must educate our sellers and buyers on, and some short sale agreement language a seller should NEVER agree to.

Short Sale vs. Foreclosure >>

 

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.

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 >>

 
 

Affordable Homeownership Assistance 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.

Click here for more details about DSHA's homeownership assistance programs.

 
 

Delaware State Housing Authority 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

Call DEMAP Counseling Agencies designated by DSHA such as NCALL 302-856-855-1370 or First State Community Action Agency at 302-856-7761. Another contact is the Attorney General's Mortgage Hotline at 1-800-220-5424. Information is also available at www.deforeclosurehelp.org.

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 >>

  One Can or One Dollar  

Simply donate One Can of food or $1 to our Local Food Banks
anytime you attend an event or stop by the SCAOR office.

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. Your participation makes a difference!

P.S. There's also a $5 "fee" for any cell phone ringing during a function.

 
 

ETHICALLY SPEAKING... Our Duties to Clients and Customers

Please read the REALTORS® Code of Ethics Article 2. Based upon your understanding, how do you think the Hearing Panel ruled in last week's Case Study?

Below is the Hearing Panel's decision.

Case #2-18: Honest Treatment of All Parties

The Hearing Panel concluded that REALTOR® B had not violated Article 2, but had acted properly under both the spirit and the letter of the Code of Ethics. The panel noted that the decision to refund Prospect C's deposit was made by the seller, Client A, even though the listing broker, REALTOR® B, had suggested that it was only fair due to the change in circumstances.

 
Help!!
The Board is very low on Lockboxes.
Please return all unused lockboxes as soon as possible.

 
A Look Ahead

A U G U S T
3 Grab the Train to Success!
RSVP Here
2 - 4 pm
4 FREE Legislative Update on the new Condo / HOA Laws - Sold Out! 1 - 4 pm
The Condo / HOA Laws are Changing: Public Outreach Session 5 - 6:30 pm
5 Special Speaker at SCAOR:
Delaware Economic Development Director Al Levin
1:15 pm
6 PR Committee Meeting 9:30 am
11 MLS Committee Meeting 9 am
Affiliate Meet and Greet at The Georgia House in Laurel.
RSVP to Crystal@scaor.com.
5 - 7 pm
13 MLS Orientation 9 am
15 NAR 2009 Annual Conference Early Registration Deadline
Register by this date to join us in San Diego and Save!
Also book your hotel in advance for best selection.
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
Register now for this Family Fun Day!
5 - 8 pm
15 New Member Orientation  
Rental Affairs Committee Meeting 8 am
Education Committee Meeting 11 am
17 Board of Directors Meeting 9 am
Title Search - 3 CE course 5 - 8 pm
MLS Orientation 5 - 9 pm
21 Rental Agents I - 3 CE course 9 am - 12 noon
Broker's Core - 6 CE course, MANDATORY for Brokers 9 am - 4 pm
Rental Agents II - 3 CE course 1 - 4 pm
22 Foundation Meeting 9 am
Short Sales & Foreclosures - 3 CE course 9 am - 12 noon
Home Inspection (includes Septic) - 3 CE course 9 am - 12 noon
How to Buy Foreclosed Properties - 3 CE course 1 - 4 pm
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

A Look Ahead

© 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