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Week of June 8, 2007

REMINDER: ALL FLYERS ARE INCLUDED IN THE WEEKLY BROKER FAX

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GCAAR Bids Coastal Farewell After Six Years of Service
As you may know, the Greater Capital Area Association of REALTORS® (GCAAR) has managed the Coastal Association of REALTORS® (CAR) for more the than six years, providing various administrative, accounting and member services. During this time the Coastal Association has flourished.

On May 23, 2007, GCAAR gave notice to terminate its management of the Coastal Association of REALTORS®. In accordance with the agreement, GCAAR will continue to provide management services for a period of 120 days and will give all possible assistance to ensure a smooth transition, and in locating a replacement association executive or management company.

GCAAR has been proud of its partnership with CAR. Since 2001, the association has been very ably managed by GCAAR and Chuck Ebert, CAE, RCE, an experienced, respected, and nationally recognized association executive with 25 years of service to REALTOR® organizations. With his assistance and guidance, the association’s Board of Directors has increased the total assets of the association by 53% over the last six years, which includes approximately $400,000 in cash reserves and the debt-free ownership of association offices. Your Board and staff have received compliments statewide and nationally on the increased level and quality of services provided by the association and the increased participation and visibility of the membership in community and legislative affairs. Additionally, CAR’s communications with its members and the public have been taken to a new level. The association’s Bylaws and MLS Rules & Regulations have been continuously reviewed and updated in order to maintain compliance and certification with MAR and NAR.

It is the consensus of the GCAAR leadership that CAR is well positioned to continue to move forward, and this is an opportune time to make this shift. GCAAR realizes that CAR is in the process of evaluating its MLS and lockbox vendor options. They are confident that the association’s leadership has the necessary tools to assure a “perfect fit” for its members, now and for the future.

GCAAR and Chuck Ebert wish the association every success in its future endeavors, and look forward to a continued professional relationship.
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1031 Exchange Class
There will be a 1031 Exchange class held at the association office on Wednesday, June 27, from 10 to 11:30 a.m. The class has been approved for 1.5 hours of required Legislative Update/Legal CE credits. Click here for further details and registration.
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Broker Forum & General Membership Meeting
Tuesday, June 19, from 10 a.m. to Noon at the Clarion Hotel (10100 Coastal Highway, Ocean City, MD 21801). The purpose of the meeting is to update the membership on various issues and answer questions recently asked by some members. We realize that many of you have sales meetings on Tuesdays. Please make this meeting your sales meeting and encourage your agents to attend. Special seating will be provided for Principal Brokers or Designated REALTOR® Managers for each firm (one per firm). Please RSVP in one of the following three ways:

  • Click here to register online
  • Call the association office at 410.641.4409
  • Simply reply to this message

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$100 Gas Card Winner Announced
Congratulations to Rosa Tyre of Kelark & Company, Inc.! Rosa filled out a community service questionnaire and won our $100 gas card drawing.
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MAR Annual Conference & Tradeshow
September 10-12 in Ocean City. Register now for education classes & Fun Day Events. This year, online conference registration allows you to: Make any class changes online, purchase additional tickets, and receive an improved Registration Confirmation. COST: 3-day Registration—$225 now through August  15; $50 discount for Rookie REALTORS®. Once you have successfully entered your NRDS#, please review your contact information, and scroll down to “REGISTRATION TYPE” to choose the registration type that applies to you. Then continue registering. Register now!
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CAR Quarterly Newsletter Deadline
DEADLINE FOR AD RESERVATION & ARTICLE SUBMISSION: FRIDAY, JULY 6
It’s time to reserve your spot in the CAR printed quarterly newsletter, CURRENTS. The Summer 2007 issue will arrive in member mailboxes in late July.
[NOTE: This is to be a much-read issue!]

  • Advertise to more than 1,300 REALTORS® in the tri-county area. Rates are detailed in the advertising packet.
  • Want to annouce a promotion, new agents, retirements, special achievements, births, or more? Make a submission to the Member Spotlight section.Send all questions, feedback, article ideas or annoucements to
    editor@coastalrealtors.org.

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MAR Leadership Academy
MAR is now accepting applications for the 2007-2008 Leadership Academy, beginning October 4, 2007, and ending on April 14, 2008. All applications are due by August 1. Please be sure to indicate on the application your preferred interview date. Once received, MAR will confirm your interview date and time. For an application, please contact Lisa Kinsman, at 800-638-6425 or e-mail your request to lisa.kinsman@mdrealtor.org.
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Women’s Council of REALTORS® Golf Tournament
The 15th Annual Vicki Rinaldi & Betty Chafin Memorial Scholarship Fund Golf Tournament will be held Wednesday, June 20, at the Ocean City Golf & Yacht Club Seaside Course. Noon to 12:30 p.m.: Check-In; 12:45 p.m.: Scholarship Presentation; 1 p.m.: Shotgun Start. Donation: $100 per person (includes green fees, tee favors, beer cart, delicious buffet dinner, awards ceremony). Prizes: 1st, 2nd, 3rd, Last Place, two Longest Drives, two Closest to the Pin, Door Prizes. For team registration or hole sponsorship, contact Katy Durham at 410-723-8775.
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Donations For Our Troops

The Women’s Council of REALTORS® is collecting monetary donations to help support our wounded troops overseas. Please help us by asking agents in your offices
as well as possible clients to make a tax deductible donation tto tthiis great cause!
(100% of net proceeds will be sent to the Chaplin’s office in Landstuhl, Germany to be used for the wounded soldiers comfort and welfare). All checks should be made payable to U.S.F.O.C.A.P. We would like to pick up from all of the offices by July 1 in order to present to the Lions Club by July 4. Please call Terri Bradford wiitth any questions 410-208-9200.

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Nation Doomed To 2 Million Foreclosures
The latest projection for millions of foreclosures comes with a more ominous prediction that the number will stick no matter what federal regulators do. Full story >>
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Stiffer Subprime Rules A Two-Sided Coin
An industry group says subprime rule overkill will close the market to many borrowers, but existing conditions are already boxing many out of homeownership. Full story >>

 

©2007, Coastal Association of REALTORS® of Maryland, Inc.
314 Franklin Avenue, Suite 106
Berlin, MD 21811
Phone: 410.641.4409 | Fax: 410.641.2995
info@coastalassociationofrealtors.org | www.coastalassociationofrealtors.org
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