Rochelle - Central Massachusetts Association of REALTORS

Transcription

April 2013
Now that March has ended, it’s finally starting to feel like Spring. It’s
also very encouraging hearing from REALTORS® all over that they
are busy. As inventory has tightened prices are trending up and
we’ve seen the return of multiple offers in many areas.
INSIDE THIS ISSUE:
President’s Message
1
Month-at-a-Glance
2
Awards Nomination Form
3
Membership News
4-5
Scholarship Rules
6
Calls to Action
7
Member Bio Form
CREST Classes
Local Market Update
Legal Corner
Government Affairs
8
8-13
14
15
17-19
The last week of February I attended the New England REALTORS®
Conference in Connecticut and we heard from various members of
the NAR Leadership. Lawrence Yun, NAR’s Chief Economist, gave us
a great economic update that all the indicators are up. We’re in a
good place because Massachusetts is leading the six New England
states out of the recession; our unemployment is going down, we’ve recovered almost
half of our new home starts and our shadow inventory has improved. The economists
are all predicting a strong Spring Market leading to a strong 2013 with the recovery
continuing thru the next 4-5 years!
The one universal cry we’re hearing from everyone is that the housing inventory is very
low in spite of the buyers being out there ready and willing to buy. This is good news for
you sellers, of course, because it’s putting upward pressure on prices.
Now for the numbers: February was one of the snowiest on record and it depressed our
numbers a bit, but don’t worry, March appears to be making up for it. Year over Year
February sales were down -10.8% but again we had one three-day Blizzard and three
weekend storms, we had increases for the prior 19 months. February’s inventory was
down -34.8% and the Median Price was up +10.6%.
We have some FANTASTIC events coming up this month: April 20 & 21 is National
REALTOR ® Open House Weekend. On April 24, we have 12 hours of CEU classes.
(Remember - you can come in for all or one FREE as a member benefit.) And keeping in
mind that April is Fair Housing Month, WRAR is bringing At Home with Diversity® Certification on April 26.
One last thing, PLEASE send in your nominations for 2013 Awards, the application is
inside this newsletter.
Warmest Regards,
Your Success is our Business!
Rochelle
Rochelle Jonswold, 2013 WRAR President
Worcester Regional Association of REALTORS®
www.wrar.org
WRAR MONTH-AT-A-GLANCE
April 2013
Sun
Mon
Tue
Wed
Thu
Fri
Sat
1
April Fool’s Day
2
9-10 Gov’t Affairs
Committee
3
4
2-4 Thirsty Thursday:
Flood Insurance
5
8:30 am Leadership
Breakfast
6
9-5 Pre-license Sales
Class
11:30-1 Career &
Networking Fair
Deadline for Awards
Nominations
7
8
8-4 MLS Pin
9
10
10:30 Board of
Directors
11
12-2 Shamrock CEU
Class: USDA/Rural
Loans
12
9 —Young
Professionals
Network
13
14
15
Patriots’ Day
Office Closed
16
9-11 Womens
Council
17
6-9 Worcester
Comm. Dev. Home
Buyer’s Seminar
18
11:30-1:30 Fairway
Mortgage Financing
Secrets
19
10-12 Fair Housing
Seminar
20
9-5 Pre-license Sales
Class
26
9-5 At Home with
Diversity® Certification Course—2 CEU’s
27
9-5 Pre-license
Sales/Broker Class
9-1 CEU’s at
Fidelity Bank,
Leominster
21
22
23
8-4 MLS Pin
28
29
30
6-9 Worcester
Comm. Dev. Home
24
8-8 CEU Classes
25
Upcoming Events—Mark Your Calendars!
April 2013:
April 5:
April 20-21:
May 3:
June 4:
June 5:
June 20:
Fair Housing Month
Deadline for Awards Nominations
Nationwide REALTOR® Open House Weekend
Deadline for Submissions for WRAR Scholarships
WRAR Awards Banquet <——-NEW DATE!
REALTOR® day on Beacon Hill <——-NEW DATE!
WRAR Golf Tournament
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MEMBERSHIP
Welcome to our Newest Members
New Offices
Post Road Realty, 121
West Main Street, W.
Brookfield
Buyers Brokers Only LLC,
200 Merrimack
David Kres
Street,Suite 301, Haverhill
Citizens Bank, 108 Grove
Nancy Monbouquette
Street, Worcester
Libery Mutual Insurance,
Amber Cylkowski
771 Southbridge Street,
Auburn
James Tobin, REALTOR®
James Tobin
32A East Main Street,
Northboro
Security First Mortgage
Funding
Bryan Larson
1 Ararat Street
Worcester MA 01606
Security First Mortgage
Funding
Kelly Lizotte
1 Ararat Street
Worcester MA 01606
Ray Paolucci
WRAR President, Rochelle Jonswold (far right), welcomes new WRAR REALTORS® at the March 13, 2013 New Member Orientation. New Members—March Orientation
Amy Bonner
Keller Williams Realty-Gr.Worc. Worcester
Tammy Byars
James Carlson Jr.
Next Move Realty
Brian Carpenter
Donna Durrance
Classic Properties
Brendan Fullam
Yurima GuilarteMurphy
Sullivan & Company Real Estate Brimfield
Exit Realty Partners
Keith Krikorian
Michael Madulka III
Quinsigamond Realty
Worcester
Transfer Members
Lisa Moore
Shrewsbury
Marsha Bodine
Roger Mundall
Quaboag Valley Real Estate
Brookfield
Michael Prosansky
Jeanne Murphy
Petraglia Real Estate Service
Douglas
Michael Njuguna
Deborah PattowGodbout
Quinsigamond Realty
Worcester
Michael Sacca
Mendon Area Real Estate
Mendon
Micheal Seery
Brookfield
Kristin Peterson
Sarah Shamsuddin
King Realty
Worcester
Pamela Pollan
Tina Stratis
Coldwell Banker Res. Brok. Park Worcester
Shreena Bindra
Chelsea Taylor
Rita Wallen
Marty Green Properties
Northbridge
CeeCee Wen He
Worcester
Doreen Whitney
Century 21 Commonwealth
Milford
Worcester
Medway
RE/MAX American Dream
Broker
Affiliate
Affiliate
Broker
Affiliate
Affiliate
Reinstated Members
Bridjo Cobbs
Sean Wyse
Rosa Wyse
Shrewsbury
ERA Key Realty Services
Champion Real Estate
Champion Real Estate
Keller Williams North
Central
Leominster
Shrewsbury
New Applicants
Peter Anderson
Christine Finn
Andrzej Szarama
John Kreiss
Josephine Magliocca
Secondary REALTOR®
Kevin Stockwell
Broker
Woonsocket,
RI
3
Keller Williams RealtyGr.Worc.
Keller Williams RealtyGr.Worc.
RE/MAX Professional
Associates
Community Realty
Worcester
Worcester
Brookfield
Shrewsbury
Worcester
Keller Williams RealtyWorcester
Gr.Worc.
Prudential Prime ProperWestboro
ties
Realty Executives TriBellingham
County
Kimberly Nobrega
Quinsigamond Realty
Worcester
Jasmine Randhawa
ERA Key Realty Services Worcester
Jeffrey Goodwin
Buyer Broker’s Only, LLC Haverhill
www.wrar.org
4
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WRAR SCHOLARSHIP
5
www.wrar.org
CALLS TO ACTION!!
The Welcome Home License Plate
The Massachusetts Association of REALTORS®
Charitable Foundation has awarded more than
$300,000 to Massachusetts-based non-profit organizations who assist the homeless and residents in
need. Your purchase of a Welcome Home License
Plate will help provide the additional funds to continue the efforts of the Charitable Foundation.
WE ARE ONLY A FEW PLATES AWAY! Please fill out
your application and get it in as soon as possible!
Having 500 or more applications in is the key to the
success! You can download the application at :
http://www.marealtor.com/content/upload/AssetMgmt/Documents/
Welcome%20Home%20LP%20App.pdf
Beautify the Board Day
Do you have a green thumb? Do you love to work outdoors? Do you
have a knack for design?
Can you spare a day to help us with spring plantings? The WRAR
budget doesn’t allow for professional landscaping, but we are sure
that with all the talent we have in our membership, we can gather
enough people to show their pride in their association and help out
for a few hours in May.
Please call Lynne or Colleen at 508-832-6600 if you can help out!
New Website
We are going to begin the process of a website redesign
and we’d love your help. We’d like a small task force to
get together immediately to begin working on suggestions
- what we need / what we’d like / what we can’t live without / what we can do later. You don’t have to be a technology genius, but you do
have to have above average experience as an active web surfer. If you have ability above and
beyond that, all the better.
Please fill out the MEMBER BIO FORM on the following page and return it to us asap if you are
able to help. You may also call Colleen or Jacki at 508-832-6600.
Thank you in advance for your time!
6
www.wrar.org
MEMBER BIO SHEET — Please complete & return to WRAR!
REALTOR® Member / AFFILIATE Member Resume
With our new Strategic Plan in place, our Committees have been revamped for the coming year. Each committee now has a directive from the WRAR Board of Directors with clear goals and tasks. In most cases, it means there will be no more monthly
meetings just to have a monthly meeting! Task forces will be formed to accomplish goals and we'll move on to the next one.
Can you lend a hand? We are always looking for people with special skills to assist us in making WRAR a top-notch association.
Your expertise and experience can help us to build a better business for all of our members. Service to your association is important NOW and in the future towards your Lifetime membership requirements. We'd love for you to be involved!
Name
Company
Address
City, State, Zip
Contact info - email & telephone/cell
How many years have you worked in the Real Estate field?
If you had a career prior to Real Estate, in what industry/industries did you work?
Please check off the areas where you have special skills / education / experience in which you would be willing to make a shortterm commitment to assist staff and/or committees:
☐Accounting / Finance
☐ Design
☐ Education/Major
☐ Engineering
☐ Event Planning
☐ HR or Staffing
☐ Manufacturing/Assembly/Production
☐ Marketing
☐ Technology /Web Design / Tech-Savvy
☐ Leadership Positions (please list)
_______________________________________
☐ Other (please list)______________________
______________________________________
Please list any hobbies / interests you have which might be mutually beneficial to both you and the Association (for example –
politics, gardening, fundraising, community service, etc.):
Would you be willing to assist us in some “Done in a Day” events such as Habitat for Humanity Build Day or Beautify the Board
Day?
☐Yes please contact me at
☐No
Please return via fax (508-832-6620) email (jdinnocenzo@wrar.org), or mail to:
492 Washington Street, Auburn, MA 01501
7
www.wrar.org
CENTER FOR REAL ESTATE STUDIES & TRAINING
Upcoming CEU Courses for April
All classes are held at the Worcester Regional Association of REALTORS® CREST School, 492 Washington Street, Auburn, MA 01501..
We also hold periodic classes at the Fidelity Bank Building, 478 Mechanic Street in Leominster. WRAR Members in good standing
receive FREE LOCAL CEU’s! Tuition for non-members is $30 for each 2-hour CEU. You may register for classes online at
www.CrestRealEstateSchool.com or by calling the WRAR office at 508-832-6600.
Please note that during the winter months, we follow the local school system for opening. If they are closed, we are closed. During
weekends, announcements will be made on WTAG. As always, use your best judgment.
Leominster
April 16
Course
Code
Instructor
Course Name
9:00-11:00
Craig Reynolds
RE44R05
Understanding Title Concerns
11:00-1:00
Craig Reynolds
RE07RC01
Closing and Settlement
Auburn
April 24
Course
Code
Instructor
Course Name
8:00 - 10:00 am
Rob Nahigian
RE62RC10
Comparative Market Analysis (CMA)
10:00 - 12:00 pm
Rob Nahigian
RE63RC10
Environmental Issues
12:00 - 2:00 pm
Rob Nahigian
RE27RC0
1031 Tax Deferred Exchanges
2:00 - 4:00 pm
Gary Bourque
RE51R06
Facilitator
4:00 - 6:00 pm
Gary Bourque
RE75R12
Federal Housing Administration (FHA) Loans
6:00 - 8:00 pm
Gary Bourque
RE10C07
General Real Estate Laws, Regulations & Practices
Real Estate Pre-License
Class for Brokers &
Agents
Our next Pre-License class begins on
Saturday, April 20, and runs each Saturday
from 9:00 am—5:00 pm through May 18.
Tuition is $325 and books are $50.
If you know of anyone who may be
interested, please have them call Lynne
Walls
at
the
Board
at
508-832-6600.
USDA/Rural Loans
CEU Course: RE76R12 Sponsored by
Shamrock Financial Corporation
Date:
Time:
Place:
Thursday, April 11, 2013
12:00—2:00 pm
CREST School, 492 Washington Street, Auburn
What many don’t realize is that USDA Guaranteed loans offer 100 percent financing to income-qualified individuals, making them a superior choice for affordable
home ownership. You will learn:
 The incredible advantages of the USDA Guaranteed loan
 Income & property eligibility info
 Additional facts about the loan program
FREE to all WRAR members; $30 for all others. Lunch will provided by Shamrock
Financial. Please be sure to pre-register online at www.wrar.org class by calling
508-832-6600.
he
for t
2
eive
for
Rec e of 1 s!
pric s Clas
ker
Bro
Webinar: Economic Trends
SAVE THE DATE: Monday, May 13, 2013, 9:00 – 11:00 am
$20 for WRAR members; $30 for all others. Please be sure to pre-register online
at www.wrar.org class by calling 508-832-6600.
8
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PROFESSIONAL DEVELOPMENT
9
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WRAR 15th Annual GOLF TOURNAMENT
Thursday, June 20, 2013
Green Hill Golf Club
Worcester, MA
Early-bird Rates (May 20th cut-off):
Single - $125 * Foursome - $500
Regular Rates:
Single: $137.50* Foursome: $550
*All registrations include 18 holes, cart,
continental breakfast, and lunch
*Registered Golfers receive 1 free
18-hole round for future play!
Start times:
Registration:
8:30 am
Shotgun start:
9:00 am
Luncheon served: 1:30 pm
( times approximate)
14
www.wrar.org
LOCAL MARKET UPDATE
15
www.wrar.org
LEGAL CORNER
MAR Legal Hotline
Michael McDonagh, MAR General Counsel, and Ashley Stolba, MAR Staff Attorney
Q
I represent two buyers, both of whom are interested in
seeing the same property. Is it a violation of my fiduciary duties to show the property to both clients?
A
Not necessarily. Buyer’s agents typically represent more
than one buyer at a time, and from time to time it is
possible that more than one buyer-client may be interested in a single property, especially in this market.
When you provide your client with the Massachusetts
Mandatory Licensee-Consumer Relationship Disclosure,
your client is made aware that as a buyer’s agent, you
owe the buyer undivided loyalty, reasonable care, disclosure, obedience to lawful instruction, confidentiality
and accountability. However, this does not preclude you
from representing more than one buyer at a time. To
avoid any surprises, it is highly recommended that you
discuss the possibility of this situation at the onset of
your client relationship, and include such language in
your buyer-agency agreement. Such a provision should
also explain that you will keep the confidential information of each client in confidence and not disclose it
to the other buyer-clients. The MAR Exclusive Buyer
Agency Agreement includes such language in the paragraph describing the agent's duties. Having the conversation ahead of time will help you understand the expectations of your clients and help avoid conflicts down
the road.
Q
I see that a listing is “withdrawn” in MLS. Does the Code
of Ethics allow me to now contact the seller?
A
No. A “withdrawn” listing in the MLS does not necessarily mean that the listing contract between the seller
and the seller’s agent has expired. Rather, it typically
means that there is a listing agreement still in effect,
and that the seller and seller’s agent mutually agreed to
withdraw the listing from the MLS.
agreements that other REALTORS have with clients.” Moreover, Standard of Practice 16-4
states that, “REALTORS ® shall
not solicit a listing which is currently listed exclusively with another broker,” and that the
REALTOR may only contact the seller if the listing
agent refuses to disclose the expiration date and nature of the listing, and only to secure such information
and discuss taking a future listing.
When calling a prospective client, always remember to
check the do-no-call registry. The registry is maintained by the Federal Trade Commission and penalties
for violations can be harsh.
As a reminder, REALTOR ® Code of Ethics Article 16
provides that “REALTORS ® shall not engage in any
practice or take any action inconsistent with exclusive
representation or exclusive brokerage relationship
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Q
I heard that the Massachusetts Department of Environmental Protection (MassDEP) is proposing changes
regarding asbestos. Are there any proposals that affect homeowners?
A
Yes. The MassDEP has undertaken a number of regulatory reform initiatives to streamline specific agency
operations. Specifically related to homeowners, there
is a proposal to relieve owners of single-family, owneroccupied residences from the notification requirement
for removal of specific types of non-friable asbestoscontaining materials, while maintaining the requirement that the removal work must be done in accordance with the appropriate work practices. It is important to note that although the proposal relieves
homeowners from certain notification requirements,
the Department will be monitoring proper and truthful
asbestos removal practices. For more information,
including a copy of the proposals, please visit
http://www.mass.gov/dep/service/regulations/
newregs.htm.
www.wrar.org
GOVERNMENT & LEGISLATIVE AFFAIRS
17
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GOVERNMENT & LEGISLATIVE AFFAIRS
18
www.wrar.org
2013 Directors
& Staff Members
President, Rochelle Jonswold
Pres. Elect, Dave Stead
Vice President, Brad Roberts
Secretary, Kris Koliss
Treasurer, Mary Gale
Past President, Diane DeCiccio
Realtors Property
Resource AFFAIRS
(RPR)
GOVERNMENT
& LEGISLATIVE
Jayne DiLiberto, Director
Tony Economou, Director
Sarah Gustafson, Director
Erica Hall, Director
Lorraine Herbert, Director
Judy Patterson, Director
Judy Reynolds, Director
Mary Stolarczyk, Director
Leslie Storrs, Director
Kathleen Cooper, Alternate
Tracy Fiorelli, Alternate
Gina Lewis, Alternate
Executive VP, Colleen Pappas
Membership Manager,
Lisa Sprague
Programs & Events
Coordinator,
Jacki D’Innocenzo
Staff Accountant,
Maura O’Connor
Administrative Assistant,
Lynne Walls
WRAR office hours are
9:00 am—5:00 pm. For
assistance with the MLS
Lockbox system, please
make an appointment
with Lynne Walls at 508832-6600.
Please LIKE our facebook page at
https://www.facebook.com/
WorcesterRegionalAssociationofREALTORS.
By doing so you will not only
get up-to-the-minute information on everything going on
at WRAR, but you will help us
to increase our visibility while
growing your own business
network.
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Rochelle - Central Massachusetts Association of REALTORS

Transcription

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