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July 20, 2009
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July 21
9 am - 4 pm New Member Orientation at SCAOR July 22
10:30 am - 12 noon DAR Board of Directors Meeting at Dover Downs 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
(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 |
Please join us to hear Al Levin, State of Delaware Economic Development Director, speak on real estate issues. FREE event, limited to 120. FREE ~ 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. Full bio >>
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RPAC DUCK RACE BEGINS!
From 5 - 8 p.m. we'll enjoy a Steel the Show steel drum band, pizza, prizes, And. . . it's all to support our industry and homeownership in Delaware. RPAC Contributions to Attend:
Here's the duck pricing as a flyer to share with your office. Click Here to Jump into the RPAC Duck Pond Now >>
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. 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 July 21, 2009 through August 17, 2009 CODE AMENDMENT INCREASES RECORDING FEES - Effective August 1
An Act to amend Title 9 and Title 29 of the Delaware Code relating to Government Records Management was passed by the Delaware Legislature and signed by Governor Markell. Beginning August 1, 2009, this Act increases the current state surcharge on each document or paper recorded or filed in each of the respective County Recorder of Deeds Offices 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. Click here to read the letter >> 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:
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. 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.
MEMBER RECEIVES GRI DESIGNATION
Congratulations to Robin Masland of RE/MAX Realty Group Lewes. Robin recently earned her GRI (Graduate REALTOR® Institute) designation. This is a wonderful achievement. BUSINESS BODY LANGUAGE: Handshakes, Eye Contact, Posture, and Smiles
by Lillian Bjorseth
Ingredients of a Good Handshake
Eye Contact Looking someone in the eye as you meet and talk with him/her also shows you are paying attention. Listening is the most important human relations skill, and good eye contact plays a large part in conveying our interest in others. Posture One of the first key things people notice is how you carry and present yourself. Do you walk and stand with confidence like your mother taught you?
Smiles Smiles are an influential facial expression. They show interest, excitement, empathy, concern; they create an upbeat, positive environment. Smiles can, however, be overused. Often, men smile when they are pleased; women smile to please. You know which is the most powerful! To gain and increase respect, first establish your presence in a room, then smile. It is far more professional than entering a room giggling or "all smiles." SAVE FOR YOUR ANNUAL DUES
Continue to save for the next fourteen weeks and you will have enough to pay your 2010 dues before the November 1st deadline, with no penalties. 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 >>
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:
Know your rights and know resources to help your customers.
For more information and to join, visit the RFCU website at www.REALTORSfcu.org. 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 >>
ETHICALLY SPEAKING... Our Duties to Clients and Customers
Case #2-18: Honest Treatment of All Parties As the exclusive agent of Client A, REALTOR® B offered Client A's house for sale, advertising it as being located near a bus stop. Prospect C, who explained that his daily schedule made it necessary for him to have a house near the bus stop, was shown Client A's property, liked it, and made a deposit. Two days later REALTOR® B read a notice that the bus line running near Client A's house was being discontinued. He informed Prospect C of this and Prospect C responded that he was no longer interested in Client C's house since the availability of bus transportation was essential to him. REALTOR® B informed Client A and recommended that Prospect C's deposit be returned. Client A reluctantly complied with REALTOR® B's recommendation, but then complained to the Board of REALTOR® that REALTOR® B had not faithfully protected and promoted his interests; that after Prospect C had expressed his willingness to buy, REALTOR® B should not have made a disclosure that killed the sale since the point actually was not of major importance. The new bus route, he showed, would put a stop within six blocks of the property. In a hearing before a Hearing Panel of the Board's Professional Standards Committee, REALTOR® B explained that in advertising Client A's property, the fact that a bus stop was less than a block from the property had been prominently featured. He also made the point that Prospect C, in consulting with him, had emphasized that Prospect C's physical disability necessitated a home near a bus stop. Thus, in his judgment the change in bus routing materially changed the characteristics of the property in the eyes of the prospective buyer, and he felt under his obligation to give honest treatment to all parties in the transaction, that he should inform Prospect C, and that in so doing he was not violating his obligation to his client. Based on your understanding of the Code of Ethics Article 2, how do you think the Professional Standards Panel ruled? Find out in next week's At a Glance! Primary REALTOR® members only receive a $5 per class discount, only during September - November 2009. Register online at www.scaorstore.com Classes!
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