ASSOCIATION INSIGHTS September 2010

In this issue:

MLS News & Notes

 

MLS Statistics -   RESI & LAND
                          Reported to NCAR

2Q 2010 NAR Stats for BCAR  *NEW*
  

New Subdivisions

New Members/Transfers

New Affiliates/Transfers

 

New Offices

BCAR Affiliate Directory
   PRINTABLE!!!

Education News

 

Education Calendar

BCAR Calendar

 

Member Services   *NEW *

   FOR MEMBERS ONLY!

LEGISLATIVE UPDATE

 

ELIMINATE PRIVATE TRANSFER FEES ON A MAJORITY OF LOANS

 

On August 12, 2010, the Federal Housing Finance Agency (FHFA) proposed a regulatory guidance for public comment that would restrict Fannie Mae, Freddie Mac and the Federal Home Loan Banks from investing in mortgages with private transfer fee covenants. This guidance would extend to mortgages and securities purchased by the Federal Home Loan Banks or acquired as collateral for advances, as well as to mortgages and securities purchased or guaranteed by government sponsored enterprises (GSEs). This action would end the use of private transfer fees in 60 to 70 percent of the real estate market.

         CLICK HERE to read more Legislative Update!

President's Message


Mary Ann McCarthy

 

On August 31st and September 1st, 16 members of the Strategic Planning Committee met to discuss and refine the Strategic Plan, or Business Plan, for BCAR for the upcoming year. This was a very difficult process. The plan originated from last year’s meeting, and this year the efforts were put into refining and further improving the existing plan focusing on the changing needs and the changing environment of our industry. This plan will be put forth to the Board of Directors for approval and the final version will be presented to you, by your 2011 President, Pete Frandano at a time to be determined. The dedication of all of our volunteers is the backbone of our Association and they are to be applauded for the amount of time they are willing to give for the benefit of all.

Most pressing with regards to some of the legislative issues that we face is the fact that once again, NFIP (National Flood Insurance Program) is due to expire on September 30th – yes, of this year. It’s hard to believe that Congress continues to play games with such an important piece of legislation, especially in the middle of a very active ...

     (click here to continue reading)

The banquet center is looking very promising for 2011 bookings. There are several yearly fundraisers that have been confirmed for next year along with several local residents booking their 2011 weddings.

The SBI BNI Chapter has signed a year contract to host their weekly meeting on Tuesday mornings at 101 Stone Chimney Place. If you are a member of an organization that meets weekly, monthly or quarterly and is open to the idea of possibly moving the meeting location please inquire about what service we can provide for your organization.

 

IT IS THE PERFECT TIME TO START PLANNING FOR THE HOLIDAYS!

 

Don't forget that as a member, you receive a discount on bookings!

 

If you have not had a chance to see the facility or have questions, please do not hesitate to stop by when you are in the area or contact Sabrena Reinhardt, Director of Banquet Services, to schedule an appointment to find out more about the facility.  She can be reached at 910.754.7050 or sabrena@bcarnc.com.


Don’t forget that there are membership discounts on the room rentals.
 

Click here for the discount rates.

 

2010 Premium Rates

Locked for 2011!

 

The first year success of this new REALTORŪ benefit has allowed the insurance carrier to extend the initial premium rate for the second year of the program.

 

Click here for more information!

INFO CENTRAL
 

NEW Offer to Purchase & Contract (OTP&C)

   Implementation date 1/1/11

   Click here to view a sample OTP&C form

   More info at NC REALTORSŪ Convention in Myrtle

   Beach - 2 sessions planned!


NAR Collecting Short Sale Info

   YOUR INPUT IS VALUABLE & NEEDED!

   Report your experiences & problems (specific

   examples are needed) with lenders.  These will be used

   by NAR in ongoing discussions with lenders and

   Treasury Department. HAFA@Realtors.org

                                   (no special forms - just send an email)

 

CommercialSource.com Gets a New Look

   NAR's commercial property listing website - ALL BCAR

   COMMERCIAL LISTINGS ARE BEING FORWARDED TO

   THIS SITE ALREADY!

 

FREE Commercial Analytics Tool

   NAR Members use free until December 31 ($350 value)

   scroll to bottom of page select STDBonline FREE

 

Fannie Mae Reaching Out

   Help for home owners to understand their options

   when struggling with payments.

CURB APPEAL

 

The Brunswick County Association of REALTORSŪ recently received communication from the City of Boiling Spring Lakes requesting REALTORŪ assistance in emphasizing to their clients the importance of "curb appeal" when selling property.  As we all know, property that is well maintained is more likely to attract buyers. Please keep an eye on your listings and either contact your clients, or do what you can to ensure the curb appeal of these properties is pleasant.

 

 

VA Loan Program Toolkit    FREE

   Help clients learn many advantages of VA loan

   program.  FREE through 2010!

 

Safety Tips Card   FREE

 

Electronic Signatures - Legal Overview   FREE

 

Relocation Reports  FREE

 

 

You must login to REALTOR.org to see these items & receive FREE pricing!

SEPTEMBER IS REALTORŪ SAFETY MONTH

 

 

Valuable products & publications from NAR:

 

• FREE WEBINAR - Safety at Open Houses & Listing Appointments 9/15/10 1HR

   Register Now

 

       • Model Behavior - Safety Tips for Model Homes               •  10 Seconds to Safety

       • Open House Safety                                                                 •  Sellers Safety

       • Showing Properties the Safe Way

SAVE THESE DATES!

 

We understand the busy calendars of our members, but we don't want you to miss these upcoming special events!  Mark you calendars now.

 

Meet the Candidates Night

Tuesday, October 12

BCAR Election Results Announced!

 

BCAR Affiliate Expo

Wednesday, October 27

FREE to Members - DON'T MISS IT!

NAR National Radio Show

 

 

100 stations across the US, XM Satellite & on the web

www.RETRadio.com - more information

 

IMPORTANT Links & Information

NCAR Partners - SEPTEMBER SPECIALS/DISCOUNTS  *NEW FOR SEPTEMBER!!!*
REALTORŪ Partner - Member Discounting!!!                       

Right Tools, Right Now
BCAR Logo Request - use the BCAR Logo on your website or advertising!
Code of Ethics Poster      

Professionalism in Real Estate Practice brochure
BCAR Staff
Board of Directors

MLS Rules & Regulations (updated SEPT 2010)  *NEW*                           
Bylaws (updated April 2010)                                                              
Policy Manual (updated Sept 2010)   *NEW*

BCAR Member Forms - Transfer, Termination, Resignation

 

Brunswick County Chamber of Commerce

Southport Oak Island Chamber of Commerce

North Brunswick Chamber of Commerce

Brunswick County Information - Brunswick County Tourism Authority

 

  4th Q MLS & Supra Billing - Sept 10
  Leave credit card on file for easy pay - payments processed 1-2 days prior to due date

 

BCAR Elections

VOTE ONLINE AGAIN THIS YEAR!

 

Bios of Officers & Directors posted to website soon!

 

More information to come - keep checking your email...

Click Here for Print Version

please be patient - may take a minute to open!