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OFFICE CLOSURE . . . PGCAR offices will be closed on Monday, September 4, in observance of the Labor Day holiday.
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| VOTE FOR 2007 OFFICERS AND DIRECTORS |  |  |
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Voting continues until Noon on September 8. Before casting your ballot, please read the candidate biographies by clicking on the name of each candidate here, or by following the "Next" arrows at the bottom of each candidate biography page. Then click on the "Vote" check to the right, or follow the link from the home page of www.pgcar.com. |
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To access the ballot, use the same user name and password used to enter the Members Only section.
User Name: first two letters of your first name along with your last name.
Password: last 4 numbers of your Social Security number
(Example: Mary Brown: User Name - mabrown; Password - 1234).
If you have difficulty accessing the Web site, please contact the association office for assistance at 301-306-7900. |
| DUES BILLING |  |  |
Membership renewals will be mailed before the end of August and they may be paid online with a credit card. Dues must be received no later than November 30, 2006 in order to prevent a late charge.
| REALTOR® STORE SPECIALS |  |  |
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We are having a $10 SALE on the following items: |
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- REALTOR® T-Shirt
- REALTOR® baseball caps
- Redskins football magnets (QTY: 25)
- REALTOR® stainless steel travel mugs
- Business card magnets (QTY: 50)
- Brochure stands
- Equal opportunity housing pamphlets (QTY: 50)
- Lead paint pamphlets (QTY: 50)
- Metal license plate frames
- Transaction folders
- REALTOR® note cards (QTY: 25)
Hurry - this sale won't last forever!
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ANNUAL REALTOR® CONFERENCE & EXPO
NOVEMBER 10-13 IN NEW ORLEANS!
New Orleans Update
Today New Orleans is a tale of two cities - the vibrant, historic core of the city remains intact, both physically and spiritually. Restaurants and stores are open, tourism is returning and the positive energy in the city is growing every day! In the outlying areas, away from the tourist attractions, the community and infrastructure have been battered. But nearly half the residents are back, more are coming every day, and the rebuilding of homes and lives is happening despite the immense challenges. There are ways YOU can be involved in rebuilding of homes and lives in addition to signing up for Annual Conference. There are also NAR Habitat for Humanity builds being held during, before and after the conference.
Sign up for Rebuild New Orleans Volunteer Activities
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| ANNUAL INSTALLATION DINNER |  |  |
The Annual Installation Dinner will be held on Monday, September 11 at Tantallon Country Club at 6 p.m. Please note the date change from Tuesday, September 12 to Monday, September 11!
| MAR CONFERENCE & TRADE EXPO |  |  |
September 17-20 in Ocean City
Join fellow REALTORS® and colleagues at the annual conference right in your own backyard. Professional development and continuing education courses offered. Networking events all three days. A HUGE trade show showing off all the new services and products to put your career in the fast lane. Sign up now! Also, the MAR conference is known for its extracurricular activities. Join in the fun!
- Fishing Tournament
- Outlet shopping excursion
- Golf tournament
- RPAC Shark Attack Party
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Members: |
3 days for $225 (Price goes up $25 on Sept 1st) Tuesday only for $115 |
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Non-members: |
3 days for $315 |
| COMMITTEE SIGN-UP GOING ON NOW |  |  |
PGCAR wants, and needs, your involvement in your local association. Through PGCAR's many committees, you can play a major part in the leadership of our association, as well as help to promote the efforts and positive contributions which PGCAR members make throughout the communities in Prince George's County.
Click here to sign up now!
| UPCOMING CONTINUING EDUCATION CLASSES |  |  |
Registration fee for REALTORS® is only $25 for 3 hours of credit and $15 for 1.5 hours of credit. For all classes held September 14 and after, registration fee for 3 hours of credit will increase to $30. 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 #11-5: Appraiser's Competence to Assignment
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(Revised November 2001)
Client A engaged REALTOR® B to appraise an apartment house, indicating that he planned to put the building on the market. When the appraisal was submitted, REALTOR® B solicited the listing of the building at the price shown as current market value in his appraisal. Client A asked for time to think it over. Surprised at what he felt to be a low valuation in REALTOR® B's appraisal, Client A went to REALTOR® C, recounted his business relations with REALTOR® B, and engaged REALTOR® C to make a second appraisal of the building. REALTOR® C submitted his appraisal which was 25% higher than REALTOR® B's valuation. Client A listed the property for sale with REALTOR® C at his appraised value and the building was shortly sold by REALTOR® C at that price.
REALTOR® C filed a complaint against REALTOR® B charging a violation of Article 11 in having undertaken an appraisal that was outside the field of his experience and competence.
At the hearing, at which a written statement by Client A was entered into the record, all the facts set out above were established.
Questioning revealed that REALTOR® B had engaged in very little appraisal work, and never before with respect to any kind of property except single family houses, that he had not obtained qualified assistance, and that he had not acquainted Client A with the limited extent of his experience.
It was the conclusion of the Hearing Panel that REALTOR® B was in violation of Article 11 because he had undertaken an appraisal for which he was not qualified, without obtaining competent assistance and without advising his client as to the facts respecting his limited experience as an appraiser
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Prince George's County Association of REALTORS® 8400 Corporate Drive : Suite 225 : Landover MD 20785 Phone 301-306-7900 : Fax 301-306-8273 : www.pgcar.com : ©2006, PGCAR |
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