May/June 2013 - Greater Capital Association of REALTORS
Transcription
May/June 2013 - Greater Capital Association of REALTORS
Caring • Committed • Community-Minded Official Publication of the Greater Capital Association of REALTORS® Volume 24, Number 3 May/june 2013 Give The Gift Of Life By Elaine C. Freedman GCAR will be hosting an American Red Cross Blood Drive on Monday, June 10, 2013. This will be the first ever REALTOR® Blood Drive. It will be held at the GCAR’s offices, 451 New Karner Road, Albany (Colonie) in the training room and lounge from 9:30 am – 2:30 pm. The process from registration to donation of blood takes approximately one hour. If you cannot donate blood, we need two volunteers working each of the two hour shifts at registration and refreshment stations throughout the day. bakery item of their choice at All Good Bakers – an organic, fresh farm to bakery/café. All Good Bakers is located at 540 Delaware Avenue, Albany. This establishment has graciously agreed to help co-sponsor this event with GCAR. Please help the Red Cross restock their blood supply and patronize a local business. Thank you in advance for your support. GCAR Health Insurance Plans Open Enrollment June 1-20, 2013 GCAR’s health insurance plans available to members and employees of members at an open enrollment during June 1 through 20, 2013 for an effective date of July 1, 2013. Refer below for plan details. Call 464-0191 (x14) for an application. CDPHP PLANS 2012 Rates (Quarterly) HMO HA6S12Individual:$1,515.85 2 Person: $3,016.65 Family: $3,992.22 EPO High DeductiblesIndividual: $740.01 QEPOS2112 2 Person: $1,465.02 Family: $1,936.26 EPO w/deductibles EH3S12Individual:$1,331.55 2 Person: $2,648.13 Family: $3,503.94 EPO EPO w/deductiblesIndividual $1,303.62 ED9S12 2 Person: $2,592.27 Family: $3,429.84 For blood donations please call GCAR at 464-0191Ext. 10. Gina will be happy to reserve your place. To volunteer to help at the registration or refreshment tables please call Elaine C. Freedman, RLF Realty at 489-7474 during business hours for the shift you prefer to work. Thank you in advance for your generosity. Each individual who donates blood will receive a coupon of appreciation for one Sole Proprietor $1,725.96 $3,421.92 $4,534.02 $781.77 $1,668.00 $2,205.24 $1,515.84 $3,016.77 $3,992.31 $1,484.01 $2,938.05 $3,907.92 Blue Shield is not available in mid-year. Case #12-20: Misleading Use of “MLS” in URL (Adopted November, 2007. Revised May 2008.) The following is a case Interpretation form the Code of Ethics and Arbitration Manual of the National Association of REALTORS® REALTOR® A, a residential broker in a major metropolitan city, spent several weeks each year in his cabin in the north woods where he planned to retire one day. Even while at home in the city, REALTOR® A stayed abreast of local news, events, and especially the local real estate market by subscribing to the print and on-line editions of the local newspaper. He also bookmarked a number of north woods brokers’ websites to stay current with the market and to watch for potential investment opportunities. One evening while surfing the Internet, he came across a URL he was unfamiliar with—northwoodsandlakesmls.com. REALTOR® A was pleased to see the MLS serving the area where he vacationed for so many Having had prior dealings with REALTOR® Z, REALTOR® A spent some time carefully scrutinizing the website. He noted, among other things, that the name of REALTOR® Z’s firm did not include the letters MLS. association’s executive officer asking whether REALTOR® Z had been authorized by the association to use the URL northwoodsandlakesmls.com and whether the association felt it presented a true picture as required by Article 12 of the Code of Ethics. The association executive responded that their association did not assign, review, or approve URLs used by their members, but added that if REALTOR® A felt a possible violation of the Code of REALTOR® A sent an e-mail to the continued on page 2 years had created a publicly accessible website. Clicking on the link, he was surprised to find that the website he was connected with was not an MLS’s website but instead was REALTOR® Z’s company website. In This Issue With The President...................... page 2 DATED MATERIAL Welcome New Members............ page 6 Permit No. #164 Albany, NY Member Update........................... page 8 5 Steps to Social Media Success page 4 Greater Capital Association of REALTORS® 451 New Karner Road Albany, New York 12205 PAID PRSRT STD U.S. Postage 2 Across the Association may/june 2013 With The President 2013 GCAR President Miguel Berger Welcome to the spring market. I know everyone is quite busy in this great market and we are also busy at GCAR headquarters. I want to welcome Laura Burns as our incoming CEO, effective January 1, 2014. Laura has been with GCAR for several years now and many of you know her as our Director of Association Services. I would like to thank those who served on the Search Committee: Al Picchi, Cathy Griffin, Paul Semanek, Marie Bettini, Sandy Nardoci and Tony Garufi. We spent numerous hours and I feel confident that we found the best and most qualified candidate for the position. At the same time we are almost finished with our strategic plan for GCAR. The Strategic Planning Committee has been busy developing a road map for GCAR to allow us to continue to be the best association in NYS. As the consumer demands different things from us, and as the way we do business is constantly changing, we are looking for GCAR to be the leader in innovation and support of our business. GCAR’s Community Outreach Fund Supports Local Charities I would encourage our membership to volunteer to start serving on committees, it is your association and if you would like to have a voice in GCAR’s future you should get involved. On another note I would like to see a huge contingent of GCAR members at NYSAR's Lobby Day on June 11th. We are the local association and we should be represented in great numbers, remember it is just a few hours of your time and it will make a difference on the way politicians look at our issues. Have a great spring selling season. continued from page 1 Ethics had occurred, the appropriate step was to file an ethics complaint. REALTOR® A did just that, alleging in his complaint that when he clicked on what appeared to be a real estaterelated URL that included the letters “MLS” he expected to be connected with a website operated by a multiple listing service. He stated he felt that REALTOR® Z’s URL was deceptive and did not meet Article 12’s true picture test. At the hearing, REALTOR® Z defended his URL on a number of grounds including the fact that he was a participant in good standing in the MLS and that he was authorized under the MLS’s rules to display other participants’ listings on his website. “If I used ‘MLS’ in the name of my firm, I could see how that might be perceived as something less than a true picture,” he argued, “but by simply using MLS in my URL I am telling consumers that they can get MLS-provided information about properties in the north woods from me. What could be truer than that?” The hearing panel disagreed with REALTOR® Z’s reasoning. While REALTOR® Z’s website included information about other participants’ listings that the MLS had provided—and that REALTOR® Z was authorized to display—the fact remained that a real estate-related URL that includes the letters MLS will, in many cases, lead reasonable consumers to conclude that the website is an MLS’s, and not a broker’s website. That was the case with REALTOR® Z’s URL and REALTOR® Z was found in violation of Article 12 as interpreted by Standard of Practice 12-10. The Community Outreach Fund, GCAR’s 501 c(3) funded by voluntary member contributions, has announced its first round of funding for 2013. Contributions were approved by the COF Board of Directors as follows – each was for $1,000: Addictions Care Center of Albany Capital Region Youth Tennis Foundation Interfaith Partnership For The Homeless Start Children Center Troy Area United Ministries Women’s Club of Albany YWCA of the Greater Capital Region GCAR members that each dues billing cycle they may include a $10 contribution to the Community Outreach Fund. The contribution is voluntary and helps maintain a strong REALTOR® presence in the Capital Region. There is a contribution review process in place which is overseen by the Community Relations Committee of GCAR. Across the Association Officers The newspaper of the Greater Capital Association of REALTORS®, INC. 451 New Karner Road Albany, New York 12205 (518) 464-0191 • Fax: (518) 464-0196 “The Greater Capital Association of REALTORS® is a professional trade association which provides its members with programs and services which enhance the members‘ ability to successfully conduct their businesses in a competent and ethical manner, promotes cooperation among its members, and promotes the public‘s right to own, use and transfer real property.” The voice for Real Estate in New York‘s Capital Region. Caring • Committed • Community-minded President – Miguel Berger President Elect – Albert Picchi Secretary/Treasurer – Cathy Griffin Chief Executive Officer – James Ader Dir. Of Association Svcs. – Laura Burns World Wide Web page: www.gcar.com E-mail: support@gcar.com Production & Printing: Foley Publications, Inc. • (800) 628-6983 Graphic Designer: Jake Fletcher, Foley Publications, Inc. Advertising Information: Foley Publications, Inc. • (800) 628-6983 The Greater Capital Association of REALTORS® makes no warranties and assumes no responsibility for the accuracy on the information contained herein. The opinions expressed in articles are not necessarily the opinions of the Greater Capital Association of REALTORS®. The Greater Capital Association of REALTORS® does not necessarily endorse the companies products or services advertised in the newsletter unless specifically stated. Directors Nina Amadon Marie Bettini Joseph Farry Kelly Gardner Anthony Garufi Brooke Hackler-Medick Joel Koval Mark Phoenix Cynthia Quade Lorraine Schindler Susan Sommers Peter Staniels Elise Van Allen CRMLS Directors Jason Christiana Paula Gaies W. Gregory Gersch Rory O’Connor Liz Schultheiss Barbara Walton Across the Association may/june 2013 CBR: A Buyer Representation Designation Course (Includes Fair Housing Requirement) Fabulous Course! Fabulous Instructor! Don’t Miss It! Burns Selected To Succeed Ader As Chief Executive Officer simultaneous positions as executive officer for both the Clinton County and Northern Adirondack REALTOR® associations; and as CEO of the Adirondack-Champlain Valley Multiple Listing Service. She had twelve years of REALTOR® association management experience before she joined GCAR. Prior to her career in association management she was an adjunct professor at SUNY Plattsburgh; she was a finance officer at the Plattsburgh Air Force Base; and she was a management analyst for the U.S. Navy, Office of the Inspector General. She holds a M.A. in public policy and marketing from SUNY Plattsburgh; she has received the RCE (REALTOR® Certified Executive) designation; and she is a NYS certified real estate instructor. Laura Burns, GCAR’s Director of Association Services, has been selected to succeed retiring CEO James Ader when he retires after 27 years at GCAR this December. She will assume the position January 1, 2014 after Mr. Ader steps down December 31st. Mrs. Burns joined GCAR in September 2011 when she moved from her She has been active with both the New York State and National Associations of REALTORS® including three years of service on NYSAR’s Executive Committee. Mrs. Burns is the mother of two daughters and she currently resides in Guilderland, N.Y. Spire Inspections offers... • Full Service Inspection Company • Certified Radon Specialist • Licensed Pest Technician • Flexible Scheduling • Same Day Report Lawrence McGann PHONE: 518-937-2952 WWW.SPIREINSPECTIONS.COM Learn NYS law regarding duty, disclosure and documentation requirement Learn street skills to begin practicing buyer agency immediately Learn how to make an effective presentation to a buyer, how to discuss and document your fee as a buyer agent, how to reduce your risk through diligence. May 21, 22, 23 2013 8:30 a.m. – 5:00 p.m. at the GCAR Training Room 451 New Karner Rd., Albany NY 12205 Instructor: Jim Pugliese CBR, ABR, ITI, GRI, CRB Course Fee: $345.00 EARN 22.5 HOURS OF CONTINUING EDUCATION CREDIT To register call 518-464-0191 or online at www.gcar.com CBR courses are offered through RealNet Learning Services. It is not affiliated with or endorsed by NAR 3 4 Across the Association may/june 2013 5 Steps to Social Media Success Social media can do a great deal for your business. Just be sure not to waste your time or efforts By John D. Mayfield Consumers are piling on to online social networks in droves. According to Arbitron/Edison Research, 48 percent of Americans have a profile on a social networking site today, a figure that has doubled since 2008. Social networking has developed a strong presence in many people’s everyday lives and will not be going away in the near future. The number of real estate pros active on social media sites corresponds with that of the general population. According to the NATIONAL ASSOCIATION OF REALTORS® 2010 Member Profile, 51 percent of all REALTORS® actively use social or professional Web sites. When the responses are limited to members 29 years of age and younger, that figure jumps to 79 percent. However, when REALTORS® who aren’t using these tools now were asked if they would use them in the future, only 12 percent indicated they would. Given the rate that potential customers and clients are signing up and logging on, that number seems low. If you’re just getting started in social networking, are still considering whether or not to jump in, or are skeptical of its value, here are five tips to keep in mind that can help you get business from these technologies without sacrificing a great deal of time and energy. Have a Game Plan: Determine how many times you will post items on your status and what meaningful information you will post. Determine if you plan to host a blog and how often you'll add new posts to your blog, or if you’ll add videos and other important information. Initiating a game plan on how you approach social media will help keep you on the tasks involved while keeping in mind why you are ultimately using it — to constantly remind your sphere of influence that you’re an experienced real estate professional. Remember: A Touch Is a Touch: One of the best prospecting techniques you have is working your sphere. When it comes to social media, you should search for people in your sphere and invite them to become part of your network. It’s also worthwhile to create a group or list labeled “Sphere” or something similar for people in this group. Once you have finished this, send a private message with a note of friendship to the people on this list. Occasionally, you may want to send them an important real estate news item, but you may want to limit these kinds of correspondences depending on the social network you’re using. This entire process should only take five minutes or less, and it will pay big dividends over the long run. Be Creative and Showcase Your Knowledge: A lot of real estate professionals believe that social media is strictly about promoting your list- ings and yourself, when in reality it should be about what you know and where you work. One good way to position yourself as an expert in your market is to write blogs or produce videos on interesting information about your hometown or area. Share your knowledge with people in your network, especially in your marketplace. Also, don’t be afraid to share your passions outside of real estate. If you’re good at making quilts, let people know. Do you like to ballroom dance? Write a blog or produce a video to help others in this specialty area. People like to do business with those they share an interest with, and when you can interweave your passion with your knowledge of the real estate market, you will find new clients in your market area that you can bond with for many years to come. Pre-Post All Your Updates Once a Week: There are several software applications that will allow you to post your “tweets” or status updates to be broadcast at a later date and time. By using this type of service, you can go online just once or twice a week and add all your updates about real estate trends, statistics, and more in a short five- or 10-minute time span. This will show your network of friends that you have an interest in providing good quality information, but it won’t take away important time during the day. Instead, use your day tending to your clients and customers and not sitting in front of your monitor lost in a mass of information. I regularly plug in my social media updates for the week at www.Twaitter.com, so I don’t have to worry about that while I’m busy working on other areas of my business. Access Your Entire Social Network in One Click: Rather than logging into each social network and posting several versions of the same update, you can go to one site and make one post, and multiple social networks will be updated at once. Two of these services are www.Ping. FM and www.HellotTxT.com. Both of these Web sites allow you to set up all your social media accounts, post videos or status updates at one location, and push your information out to the other social networks you’re on. You can also upload a single video to numerous portals you subscribe to at www.TubeMogul.com. Remember: Social media can do a lot for you, but you should avoid spending countless hours using it in ways that will not profit your business. Have a plan, touch your sphere, show your expertise, and organize and pre-post your ideas. If you can do this, you’ll find social media is a cost-effective, efficient, and even fun way to connect with consumers. John D. Mayfield, ABR, CRB, e-PRO, GRI, is a sales coach, author, and broker/owner of Mayfield Real Estate in Farmington, Mo. You can contact Mayfield through his Web site, www.BusinessTechGuy.com. Across the Association may/june 2013 5 Don’t Worry About Keeping Up, With One Big Exception It’s hard to keep up with latest social media site or this week’s most popular app. Tech expert David Pogue says you can ignore most of it, but there is one item you absolutely cannot neglect online. instrument known as the ocarina as well sion statement. He specifically called Pogue noted that while Yelp startas more industry-specific apps, such as out domystuff.com, prosper.com, and ed out as a restaurant review site, it’s those that help property owners control goloco.org, which succeed in this meaexpanded to include almost everyone. and monitor indoor temperature and sure by “matching up people who have And he warns that, with Facebook’s new security systems. The one thing these never heard of each other but have very graph search functionality, they’ve gotapps have in common is the constantlyspecific things in common. ” ten into the review game as well. By Meg White improving hardware on which they’re Returning to what audience members “You need to worry about Yelp and the Association At the 2013 International BuildersAcrossdesigned to operate. 5 should take back to their businesses now Show in Las Vegas this January, technolMay/juNe 2012 — as of two days ago — you need “People say they are like a phone after the conference, Pogue said not to to worry about Facebook,” he cautioned. ogy writer and reviewer David Pogue and a laptop in one, and I don't agree, ” worry about the latest and the greatPogue suggested that, in addition to combed through the latest online Pogue said, noting that smartphones est innovations, unless you enjoy using asking satisfied customers to review advancements and sorted out the ones are more than the sum of their parts. them. you on Yelp, you should also “have a to which audience members ought to “Sorry, your laptop does not have a Facebook account so people can recomCIREB Partners With GCAR For A Networking Event direct their attention. “With one big exception: User compass in it.” mend you.” reviews,” Pogue said. “[Potential cusComplete details can be found at www.cireb.com Affiliate Membership over 50 who members from both CireBabout and GCar met Pogue, regularly writes Internet isn’t about to go alltomers] depend other Bank people's Meg is the multimedia web proBallstonupon spa national – represented by White tim on april 12thfor at the @ 74 York state street technology TheBarNew Timesfor a fewBut the Annual Golf Outing Collins & they lauradepend siracuse on your hours of networking and fun. pictured are (left) GCar app. Pogue predicted success for sites reviews more than ducer for REALTOR® Magazine. and Scientific American, said that even CireB is in the planning stages of its annual Golf president nina amadon, realtyUsa.com and CireB Economic Development Agency that can integrate social into their mismarketing. ” outing/fundraiser to be held June 18th at Wolferts he has a hard time with the pace of CIREB Corner president richard ferro, prudential Blake Commercial innovation. as they pick the winners of several door prizes donat- ed by sponsors nBt Bank, Movethatblock.com, the “It's too much for even me to keep up Condominiums at 17 Chapel, and 74 state. among with, he quipped. “How are the ”winners - CireB member Joeyou Clark,supClark realty posed to the keep up?” winning $100 gift card to the apple store. roost Country Club. this year CireB will play to raise money for the Boys & Girls Clubs of southern rensselaer County. Many sponsorship levels are available. please visit our website for more details. Agents... His entertaining CIREB Marketingkeynote Sessionsspeech May off 3rd with session to beof hosted by CB interrichard ellis at kicked some the most 400 Jordan northout Greenbush. Guest speaker esting “shinyroad, objects” there, mostly will be Carol lamb-lafay, section Chief, DeC Bureau the byproducts of new app developof Water permits-General permits for stormwater ment. Pogue praised light-hearted apps Discharges. thatJune help7th users learn andbyshare session to to beplay hosted Carrow real their love for the South American wind estate services. Downtown schenectady improvement Corporation – represented by Colleen Merays Appraiser Membership Gary snowdon – snowdon Valuation, albany CIREB Welcomes New Members: Broker Membership rob Grundman – Big Blue realty, schenectady tony strollo – anthony r. strollo, realtor® Get your own Real Estate app branded to you Associate Membership lynn Bass – realtyUsa, Cooperstown Brian Conley – Conley realty services, albany sherry sherlock – Keller Williams saratoga, saratoga springs Smart Phone penetration App Functions: surpassed 50% this year and All calls and emails (no matter who the listing agent more than half of the users is) go to you! 1 use their phone to go online. app will enable end users to search for all QUICK. EASY. YOU’REThis IN CONTROL. MLS listings via IDX (Paragon) by address, city/ Everyday more home town, state, zip code, property type, min/max shoppers are using their price, beds, baths, distance radius and MLS#. phone to locate listings. Route Create, proof and purchase those calls and emails to you! It geo-locates the user to help them find the ADS STAFF DIRECTORY GCAR STAFF tel: 518.464.0191 fax: 518.464.0196 e-mail: support@gcar.com Lower the cost and increase Marketing Distribution Tools the speed of that are included. scheduling your ads! your real estate ad for a closet houses (if they wish). Users can save their favorites. discount. It’s available 24/7. This self-serve system is Chief Executive Officer James a. ader (ext. 16) e-mail: jader@gcar.com called EZ Ads. Get started now by logging on to ezads.timesunion.com Director of Association Services laura J. Burns (ext. 15) e-mail: lburns@gcar.com • Personalized text code (so you can text your app to prospects). • QR code (to use in print marketing). Assistant to the C.E.O. & Financial Secretary Huguette Bushey (ext. 14) e-mail: hbushey@gcar.com • Short URL (easier to type into mobile browser so user can download your app) Assistant Education & Member Services Gina Martin (ext. 10) e-mail: gmartin@gcar.com • Downloader Page (a great tool so users can download app from website or blog). Finance/Office Admin. Asst. nancy Krebs (ext. 11) e-mail: nkrebs@gcar.com • We also provide a “sniffer” code so that all website traffic from a mobile phone will be redirected to open house addownload your app. choose your package Here’s a sample of the NEW packages you’ll see, that are only available online through EZ Ads: CRMLS STAFF $20 Open House Package tel: 518.464.8913 fax: 518.464.8915 Saturday and Sunday ad in the Times Union newspaper and up to 7 days online at timesunion.com Chief Administrator James a. ader (ext. 16) e-mail: jader@gcar.com $10 Open House Package Your listing online at timesunion.com up to 7 days CRMLS Senior Administrative Assistant Diane Hazzard (ext. 19) e-mail: dhazzard@crmls.com select your property proof your ad CIREB STAFF Two days in the Times Union; Saturday and Sunday Investment Over 325,000 readers every Sunday Over 200,000 readers every Saturday Setup Open house day(s)/time(s) Maintenance Up to 7-days online Over 30,000 page views each week. The most used In a searchable data base. schedule run dates John Sorensen 1 ezads.timesunion.com Craig Eustace Susan Quine 454-5529 454-5026 454-5019 http://pewinternet.org/Reports/2012/Cell-Internet-Use-2012.aspx purchase your ad Our vendor partner. 2 Securely purchase your ad online. The App is in all major App stores: Android, IOS (iTunes) and Blackberry, or use this convenient QR code for use on smart phones. See for yourself Contact the Times Union for more information. Anne Curcurito 454-5310 Choose your ad start date. 454-5388 Susan Lynch-Smith $50 one time $9.99 per month real estate site in the Capital Region now has a Mobile App! Copyright © SMARTER AGENT.™ All Enter open house dates and times torights reserved. customize your ad, then preview it. tel: 518.464.0194 fax: 518.464.0196 CIREB Executive Director Kelly pierce (ext. 12) e-mail: kpierce@cireb.com • • • • • • • Download Now! Type in the MLS number of the property you wish to list. CRMLS Administrative Assistant Michele Miaski (ext. 17) e-mail: mmiaski@crmls.com • Statistics and maintenance. Acess to a personal SATURDAY & SUNDAY track usage of your app and it’s PRINT &dashboard ONLINE -to $20 statistics. LV25994 » 6 Across the Association may/june 2013 Welcome New Members REALTOR® Buck Land & Cattle Co. Michele McElmeel Natalie F. Amsler, Natalie Amsler Realty LLC, Clifton Park Century 21 Rural Estates Gary Gordon Elizabeth Weingarten Peter W. Buck, Buck Land & Cattle Co., Malta Coldwell Banker Prime Properties Colin Ashley Baird Erin N. Evans Deanna K. Iadicicco John P. Jackson Joanne McDaniel Lee Seney Charles Sutton Matthew Trapasso Helen A. Trinchillo (principal) Joanne L. Carlow, Saratoga Springs Patricia Cole, William J. Cole Real Estate, Inc., Edinburg Mark T. Favaloro, Clifton Park Keller Williams Realty Saratoga Jon T. D’Angelo Phillip Goodson, Sr. Kathleen Hauser Living Well Realty Joanna X. Miller McCurdy Real Estate Group Michael A. Giuffre Metro World Realty Matt D. Bovee William Charles Clizbe Miranda Real Estate Group Brenda M. Larkin William J. Cole Real Estate Amanda D. Oare Deborah Oare Mohawk Valley Real Estate Lenora C. Fiorenza Mark J. Richardson, Saratoga Springs Exit Elite Realty Group Michael K. Velardi, Brass Realty, Ballston Spa David Montalvo Rene Moya Pinnacle Realty Saratoga Brandy B. Murphy Jenny M. Zigrosser, Zigrosser Realty, Delmar Falvey Real Estate Group Anthony Fallati AFFILIATE Field Realty Pete Tryon Real Estate Mortgage Network, So Burlington, VT; Matthew Hamphill Hunt ERA Megan Napier David R. Green, David R. Green, PC, Loudonville REALTOR® (non-principal) Big Blue Realty Andrew McCauley Keller Williams Capital District Dawn E. Armour Alex Bendor Anna Marie Ieraci Gary R. Kelly Aimee Stewart Red Door Realty NY Jason Jay Walsh Select Sotheby’s International Realty Christine H. Benedict Sterling Homes Real Estate Kathleen Eitzmann Theresa Meidenbauer Annette Moreau Deborah Straight TopNet Realty Donald Britten Vassi Realty Carol Paciolla Weichert, REALTORS®, Northeast Group Debra Bajouwa Pamela Denise DiCarlo Shari Lynn Fox Prudential Manor Homes Martin Roy Case Li Hanxiang Sandra Hassfurter Jeffrey William Taylor RealtyUSA.Com Jason S. Ellis Heather Hyer Jennifer Ryan Sean Shirvanion Sarah E. Solomon Julie A. Sonner Robert W. Thomsen Eric F. Wade Bryan Real Estate Group Rocco V. Panetta Award for MLS Violations Upheld A Pennsylvania court has considered whether a MLS participant was properly sanctioned for violating a stipulation agreement he entered into with a REALTOR® association. In 2007, Thomas Wilkins (“Broker”) filed a lawsuit against the Pike/ Wayne Association of REALTORS® (“Association”) after the Association removed some of the Broker’s listings from the Association’s multiple listing service (“MLS”) that were listings of non-MLS participants. The parties entered into a settlement agreement (“Stipulation”) that was filed with the court. In the Stipulation, the Broker agreed to: abide by the MLS’s rules; provide the Association with a verification form for all listing agreements; and he would only place listings into the MLS secured by him. Following the Stipulation, the Association believed that the Broker was once again submitting listings of nonmembers. When he submitted these listings, he listed himself as the co-listing agent and refused to provide copies of the listing agreements to the Association. The Association filed a motion seeking to enforce the terms of the Stipulation. The lower court ruled in favor of the Association and found the Broker in violation of the Stipulation. The trial court ordered the Broker to not submit the listings of other salespeople under his account. In a later order, the court found that the Broker was in contempt because he had placed ten more listings into the MLS for which he was not the listing agent after the court’s prior order. The court awarded the Association damages for violations of the Stipulation. The award totaled $10,656, covering costs such as the extra staff time incurred in policing the MLS submissions as well as other costs incurred. Both parties appealed the award. The Superior Court of Pennsylvania affirmed the lower court rulings. The Broker argued that the Stipulation created a new MLS rule that applied only to his firm. The court disagreed, finding that the Stipulation clearly spelled out what the Broker was required to do when he submitted listings to the MLS and these requirements did not conflict with the MLS rules. Therefore, the court rejected this argument. The court also affirmed the ruling that the Broker had breached the Stipulation. In addition to having waived the argument by failing to properly present this argument in his appellate brief, the court found that the trial court had correctly ruled that the Broker had violated the MLS rules by submitting listings where he was not the listing agent and where the actual listing agent was not a subscriber to the MLS. Finally, the Broker challenged the computation of damages. The trial court had received testimony from the Association about the costs incurred because of the Broker’s violations of the Stipulation. These costs included: $5,200 in staff time for monitoring and removing the improper listings; $3,005 for attending court hearings; $1,400 for the second series of violations; $301 in administrative expenses; and $750 in attorney’s fees for the contempt proceeding. The trial court had received testimony on these damages, and the damages were supported by the evidence. Therefore, the court affirmed the damage awards to the Association. Wilkins v. Pike/Wayne Assoc. of REALTORS®, No. 518 EDA 2012 (Pa. Super. Ct. Sept. 28, 2012). [Note: This opinion is not published in an official reporter and therefore should not be cited as authority. Please consult counsel before relying on this opinion.] Across the Association may/june 2013 7 Counsel Comments On “Escalation Clauses” and Restrictions On Attorney Approval Back when the real estate market in the Capital Region was very active counsel for the Greater Capital Association of REALTORS® was asked to comment on both the “escalation clauses” which are appearing in purchase contracts in the Capital Region and a restriction on the attorney approval clause created when a “no other offers will be entertained during attorney approval” clause is inserted by a licensee into an offer. Counsel’s comments are reprinted here for every GCAR member’s information. We did ask NYSAR counsel to review this representation and they assure us that “The basic legal premise is still sound.” “This letter is to respond to your request for guidance regarding offers with “escalation clauses” and restriction on attorney approval clauses. “1. Escalation Clauses – You asked for our comments regarding an escalation clause such as “we offer $100,000, but we will also beat any offer you receive by $1,000,” noting that sometimes there is a cap, but often there is not. It appears that such a provision could be contractually enforceable in New York. “The party submitting an offer is the “master of its offer” and is free to condition its effectiveness. Matter of Express Industries and Terminal Corp. v. New York State Department of Transportation, 252 A.D.2d 376, 378 (1st Dept. 1998). An offer is the manifestation of willingness to enter into a bargain and must be definite and certain. Keis Distributors v. Northern Distributing Company, 226 A.D.2d 967, 969 (3rd Dept. 1996). Where the parties intend to be bound, but there is ambiguity, extrinsic evidence is considered (Id.). “Contracting parties can define the parameters of the parties’ respective rights and obligations. Dubbs v. Stribling & Associates, 274 A.D.2d 32, 39 (3rd Dept. 2000). New York recognizes as enforceable an option contract which entitles a purchaser to match another bona fide offer. See, e.g., Story v. Wood, 166 A.D.2d 124, 128 (3rd Dept. 1991); New York Tile Wholesale Corp. v. Thomas Fatato Realty Corp., 13 A.D.3d 425 (2nd Dept. 2004). The offer by a third party which the buyer had to match can be considered an objective standard that establishes the essential terms of the contract. Danyluk v. Jonathan L. Glashow, M.D., P.C., 2 Misc.3d 1005A (Cir. Ct., N.Y. 2004). “The terms of an offer committing the buyer to “also beat any offer by $1,000” is in effect a conditional commitment to pay more than the stated offering price in the event of a bona fide offer in excess thereof. This should be a sufficiently definite standard to be enforceable. Gilbert v. VanKleeck, 284 App. Div. 611, 616 (3rd Dept. 1984) (price was sufficiently definite under memorandum providing that purchaser was to pay the sum of $6,000 above the amount of the mortgage, whatever it may be). “In handling such an offer, the seller should be aware of (a) its right to accept the offer “as is,” which would likely confer an enforceable entitlement and obligation upon the buyer to pay a higher price based upon bona fide competing offers, as well as (b) the opportunity to reject such an approach by making a counteroffer which deletes that provision. Matter of Express Industry and Terminal Corp. v. New York State Department of Transportation, 252 A.D.2d 376, 379 (3rd Dept. 1998) (counteroffer operates as a rejection and termination of the offer unless the offeree manifests a contrary intention). The question is whether the response proposes a substitute bargain differing from that proposed by the original offer (Id.; Restatement [Second] of Contracts, §39[i]). opinion regarding a clause providing “no other offer will be entertained under attorney approval.” We question whether such an approach is proper or enforceable. In order to avoid the unauthorized practice of law, a licensee must either utilize a form jointly approved by the local bar association and board of REALTORS or include an attorney approval clause. Matter of Duncan & Hill Realty, Inc. v. Department of State, 62 A.D.2d 690 (4th Dept. 1978), app. dismd. 45 N.Y.2d 828 (1978). “REALTORS should recognize the significance and risk of enforceability of “escalation” clauses (up to their stated cap, if any), avoid the unauthorized practice of law, include an attorney approval clause in any proposals (offer or counteroffer), and recommend consultation with an attorney, as legal rights are involved. “The Department of State has insisted that attorney approval clauses be “unfettered.” DOS insists that in determining whether to approve a contract (or not to disapprove it), an attorney may consider any matter in the client’s best interests, including price or competing offers. Unless and until a seller accepts an offer, the seller has the unencumbered right to consider any matter of significance to the seller, including a counteroffer. In our opinion, it would be improper for a real estate licensee to draft or suggest the inclusion of such a clause which restricts attorney approval. While a buyer can propose any terms he wishes as “master of his offer,” if a real estate licensee is involved in preparing a proposed contract, the attorney approval clause should be unfettered.” “2. Restrictions upon attorney approval – You also asked for our Very truly yours, LAW OFFICES OF MICHAEL T. WALLENDER Tips For Being A Responsible REALTOR® At a recent Broker/Owner/Manager session those present spent some time discussing those things which can help make every agent better at what they do and the transaction proceed as smoothly as possible. These are shared below. Thank you to BOM chair Joel Koval. When Representing a Buyer… 1 - Make sure all necessary contract addenda are included and completed accurately. FHA addenda, Lead Disclosure, Signed PCD, Etc. 2 - Provide a pre-approval letter with your offer. Don’t wait until asked, and check into the lender if you are unfamiliar with them. 3 - Put reasonable time frames on time period of offer, mortgage/inspection contingencies, and attorney approval dates. Don’t give agent offer at 8PM Tuesday and have time period of offer Wednesday at noon. Make mortgage and inspection contingencies reasonable so you don’t need extensions. 4 - Follow up with client/lender to be sure application was made and appraisal was ordered. Be proactive; don’t assume buyer and lender are doing what they should. 5 - Forward buyer’s attorney and lender copy of contract and deed/tax bills when provided to you. Doing this will prevent delays and turn up issues more quickly. 6 - Provide listing agent with buyer attorney contact info, and notify if there is a change of lender. Its common cour- tesy and it will help move the transaction along as it should. 7 - Notify listing agent if there are appraisal conditions, or conditions regarding the property on the lenders commitment letter. Check with lender after appraisal is done, and be sure to read through the commitment letter when you get it. 8 - Coordinate final walk thru with listing agent so that lockbox can be removed. It’s an annoyance to the new buyer to see your lockbox hanging off their door…and it’s a security issue in their minds. 9 - Get your closing bill to both attorneys in a timely manner and make arrangements for the delivery of your check if you cannot attend the closing. Make every effort to attend closings… providing support to your client is a vital part of your duties. Get a copy of the HUD-1 When Representing a Seller… 1 - Provide the necessary disclosures, along with the deed and tax bills under “documents” in the listing. Also, did you know that NYS law says you must provide utility bills if requested or seller can be fined? …(see New York Truth In Heating Law). 2 - Make showing instructions clear and as simple as possible, and talk to the seller about how showings work so there is no confusion when buyer’s agent shows up. Use Electronic lockbox. ShowingTime will not interpret your instructions well if they are not crystal clear…be specific. Understand that tenant occupied properties can present special issues. Avoid combo lockboxes…they are not as secure as the electronic box. 3 - Present offers in a timely manner and allow the buyer’s agent to be present if requested. Unless you have a letter from the seller, buyer’s agent must be allowed to present. 4 - Remind the seller to have utilities closed out of their name for the closing date. Buyer can’t turn utilities on in their name until the seller schedules them to go out of seller’s name. 5 - Explain to seller how they should be leaving the home for the next buyer. Lawns mowed/snow shoveled, good general cleaning, all personal property removed…seller should not leave stuff they “think the buyer may want” unless it’s been cleared through buyer agent. 6 - Order your sign down and remove your lockbox in a timely manner. Sign could take several days to be removed, get the “sign down” request in so it’s not still up on closing day. Coordinate with buyer agent when final walk thru is so your lockbox can come off without causing a problem. 8 Across the Association may/june 2013 Member Update Congratulations and thank you to the following RPAC supporters: Capitol Club members ($250) REALTORS® Janet Besheer, Keller Williams Saratoga Springs; John Burke, Select Sotheby’s International Realty; Anne Carroll, Carroll Realty; Thomas McGroeder, Thomas J. Real Estate; Ildiko McPhilmey, Purdy Real Estate; and Paul Semanek, RealtyUSA.com. 99 Club members ($99) Phyllis Barbera, RealtyUSA.com; Kimberly Fisk, Kimberly Fisk & Associates Realty; Robert Freedman, RLF Realty; Sandra Nardoci, Prudential Manor Homes; Albert Picchi, RealtyUSA.com; Allen Van Hoff, RealtyUSA.com; and Hal Zucker, Living Structures/Zucker. Congratulations to REALTOR® Diana Lazaro, Eye On Your Investment, on the birth of her son Samson. Congratulations to REALTOR® Todd Curley, Coldwell Banker Prime Properties and REALTOR® Anthony Gucciardo, Gucciardo Real Estate on being selected as part of the 2013 class of the Business Review’s “40 Under 40.” Thursday, May 30, 2013 Congratulations to the following GCAR members selected to receive education scholarships from the NYS Real Estate Education Foundation: Diana Farrell, DJ Farrell Realty; Judith Henrikson, RealtyUSA.com; Kathleen Krohl, Prudential Manor Homes; Charles Passaro, RealtyUSA.com; Maria Perches, Prudential Manor Homes; and Jennifer Vucetic, BHG Tech Valley. Sympathies are extended to: REALTOR® William Alston, RealtyUSA.com, and his family on the death of his mother Rose Alston. REALTOR® Faith Fierro, Faith Fierro, and her family on the death of her mother Theresa Frangella. REALTOR® Daniel Gaba, Coldwell Banker Prime Properties, and his family on the death of his mother Frances Gaba. REALTOR® Patti Quade, Signature Homes Realty, and her family on the death of her son Dustin Mele. The family of REALTOR® Peter Redmond, CB Richard Ellis/Albany on Peter’s death. The family of REALTOR® James Villasenor, Bethlehem Realty Associates on Jim’s death. 27559 GCAR NYSAR-Advocacy 5x8 cmyk_Layout 1 11/5/12 9:51 AM Page 1 N E W Y O R K S TAT E A S S O C I AT I O N O F R E A LT O R S ® YOUR ALLY AT THE STATE CAPITOL ADVERTISE HERE! Contact Foley Publications about our advertising specials! 800.628.6983 NYSAR’s 2013 legislative priorities include: • Supporting thoughtful property tax relief initiatives. • Expanding continuing education opportunities for REALTORS®. • Improving anti-discrimination laws as they apply to cooperative housing purchases. • Requiring the registration of Appraisal Management Companies that do business in New York. Help NYSAR protect your interests by investing in RPAC, participating in Calls for Action and attending REALTOR® Lobby Day. Visit the Government Affairs section at NYSAR.com for details. GET FEATURED HERE!
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