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Thanks to all who attended the PGCAR REALTOR® Volunteer Recognition Ceremony on June 1, 2006
and for your outstanding work in the community!
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| BASICS OF SPANISH FOR REALTORS® |  |  |
Starting Next Wednesday — 6-Session Course!
 Instructor Luis Lama returns to PGCAR to teach real estate agents the basics of communicating with the growing market of Hispanic homebuyers.
The cost of the series will be $175 for REALTORS® and $300 for non-REALTORS®. Price includes all materials for the class plus the book, "Bienes Raices: An English-Spanish Real Estate Dictionary". Registration limited to only 45 students. Course dates are:
| Women's Council of REALTORS® Annual Auction and Dinner |  |  |
Thursday, June 22, 6:30 p.m. to 9:30 p.m.
Don't miss this exciting evening! Join us for the WCR Annual Auction and Dinner...
Proceeds will benefit the Annual Special Education Children's Christmas Party.
| MAR Conference & Trade Expo |  |  |
September 17-20 in Ocean City
Join fellow REALTORS® and colleagues at the annual conference. . .
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Exchange information
Earn continuing education credit
Learn about the latest trends
Enjoy stellar day trips and entertainment - some new additions!
Shopping excursion to Rehoboth Beach outlet malls
Fishing tournament
Golf tournament
Miniature golf
RPAC Shark Attack Party 3
Keynote Speaker: TERRY WATSON
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| COST: |
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Members: |
3 days for $200, Tuesday only for $115 |
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Non-members: |
3 days for $315 |
WHILE AT THE MAR CONFERENCE . . . Commercial practitioners may want to attend the course "Commercial Construction, Systems & Terminology" on Monday, September 18, from 8:30 a.m. to 4 p.m. (6 hours CE credit pending). Understand construction techniques. Define technology. Identify what tenants are looking for in facilities today. Topics include: Site development, electrical systems, mechanical systems, contract terminology and construction scheduling. Course registration includes course materials and lunch. Contact Sheryl Bergman at Sheryl.bergman@mdrealtor.org for information and registration.
| REALTORS®: ROCK THE VOTE | | |
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MAR is conducting a Get Out the Vote Campaign to strengthen the voice of real estate and private property rights in the critical 2006 elections. REALTORS® have a formidable voice collectively in the state, that is magnified when our over 31,000 Maryland members are registered to vote.
Not registered? Now it's easy--we've provided you a secure, confidential mechanism to help you register to vote, or to just change your address if necessary. Go to www.mdrealtor.org and click on the blue, I'm a Maryland REALTOR® and I VOTE button. Answer a few questions, review your answers for accuracy and download the form. |
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| JUNE IS MARYLAND HOMEOWNERSHIP MONTH ~ CELEBRATE! |
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MAR & PGCAR have teamed up to provide you with valuable marketing tools for consumers and ways to assist homebuyers in achieving the dream of homeownership. After all, "there's no place like home!"
It takes the collective efforts of REALTORS® to cause a sweeping change in our communities. We encourage you to pitch in, build relationships, influence city hall and make our associations stronger and our communities better places to live.
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| Quick Tips-Got 10 Minutes? |
Send an e-mail! Ask other REALTORS® to contribute to a food pantry,
or host a clothing drive.
Pick up the phone! Call city hall and ask to serve on community task force.
Have a brainstorm! Invite REALTORS® to serve on a land-use committee or
county development board. Or develop a community program.
Improve the landscape! Sponsor a Clean-Up/Fix-Up Day.
Keep it going! Help out other community projects by volunteering
one day a month.
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| UPCOMING CONTINUING EDUCATION CLASSES | | |
GRI 100 Series-Spaces Filling Up!
Come one, come all to "Learn More, Earn More!"
The GRI 100 Series returns to PGCAR in July.
Earn 30 hours CE for taking the entire series. Time: 8:30 a.m. to 4 p.m. each day.
Monday, July 10-GRI 101: Building a Real Estate Business
Thursday, July 13-GRI 102: Prospecting and Listing Techniques
Wednesday, July 19-GRI 103: Fair Housing and Legal Update
Friday, July 21-GRI 104: Basic Residential Financing
Wednesday, July 26-GRI 105: Marketing Methods
Click here to register now
| COST: |
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| REALTORS®: |
$325 for the series; $85 for a single class |
| Non-REALTORS®: |
$650 for the series; $170 for a single class |
Registration fee for REALTORS® is only $25 for 3 hours of credit and $15 for 1.5 hours of credit. Above classes are limited to the first 45 registrants. For reservations made less than 3 days prior to a class, please add $15 to the Tuition Fee. ABSOLUTELY NO WALK-INS. For more information call Scott Miller, Education Director, at the association office 301-306-7961 or visit our website at www.pgcar.com for the latest schedule. |
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Code of Ethics Case Study: Case 1-20: REALTORS® Buying and Selling
to One Another Are Still Considered REALTORS®
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REALTOR® A owned a home which he listed through his own brokerage firm. The property listing was filed with the Multiple Listing Service of the Board. REALTOR® B called REALTOR® A and told him of his interest in purchasing the home for himself. REALTOR® A suggested a meeting to discuss the matter. The two agreed upon terms and conditions and the property was sold by REALTOR® A to REALTOR® B.
A few months later, during hard rains, leakage of the roof occurred with resultant water damage to the interior ceilings and side walls. REALTOR® B had a roofing contractor inspect the roof. The roofing contractor advised REALTOR® B that the roof was defective and advised that only a new roof would prevent further water damage.
REALTOR® B then contacted REALTOR® A and requested that he pay for the new roof. REALTOR® A refused, stating that REALTOR® B had had a full opportunity to look at it and inspect it. REALTOR® B then charged REALTOR® A with violation of Article 1 and Article 2 of the Code of Ethics by not having disclosed that the roof had defects known to REALTOR® A prior to the time the purchase agreement was executed.
At the subsequent hearing, REALTOR® B outlined his complaint and told the Hearing Panel that at no time during the inspection of the property, or during the negotiations which followed, did REALTOR® A disclose any defect in the roof. REALTOR® B acknowledged that he had walked around the property and had looked at the roof. He had commented to REALTOR® A that the roof looked reasonably good, and REALTOR® A had made no comment. The roofing contractor REALTOR® B had employed after the leak occurred told him that there was a basic defect in the way the shingles were laid in the cap of the roof and in the manner in which the metal flashing on the roof had been installed. It was the roofing contractor's opinion that the home's former occupant could not have been unaware of the defective roof or the leakage that would occur during hard rains.
REALTOR® A told the panel that he was participating only to prove that he was not subject to the Code of Ethics while acting as a principal as compared with his acts as an agent on behalf of others. He pointed out that he owned the property and was a principal, and that REALTOR® B had purchased the property for himself as a principal. The panel concluded that the facts showed clearly that REALTOR® A, the seller, did have knowledge that the roof was defective, and had not disclosed it to REALTOR® B, the buyer. Even though a REALTOR® is the owner of a property, when he undertakes to sell that property he accepts the same obligation to properly represent its condition to members of the public, including REALTORS® who are purchasers in their own name, as he would have if he were acting as the agent of a seller.
The panel concluded that REALTOR® A was in violation of Article 1 and Article 2 of the Code of Ethics.
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