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Announcements:
Regular Office Hours are 9:30 to 4:30 Monday - Friday Contact us at 929-4032 or membership@chapelhillrealtors.com |
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Being Professional:
Sometimes, in our haste to make a sale we forget that everything we do reflects upon us and our profession either positively or negatively. As Professional Standards Chair I sometimes hear complaints that make me shudder to think of how the public perceives us. Recently, an agent told me about two incidents of a Buyer's agent calling to ask if the Sellers of a home would pay a higher commission to the Buyer's agent. There is nothing wrong with that. It was the next comment that is totally unethical: "If they won't pay more, I won't sell the home! [write up the offer]" Many agents have also reported that they get calls that other agents will not show their homes if their co-op commission is too low. As a reminder to all of our agents; when we are acting in our client's best interests, we should not be motivated by our own compensation.
Certainly, refusal to write an offer is a violation of Standard of Practice 16-16:
REALTORS®, acting as subagents or buyer/tenant representatives or brokers, shall not use the terms of an offer to purchase/lease to attempt to modify the listing broker's offer of compensation to subagents or buyer/tenant representatives or brokers nor make the submission of an executed offer to purchase/lease contingent on the listing broker's agreement to modify the offer of compensation. (Amended 1/04)
Professional actions sometimes require thought and review. If you would like to explore some of the areas that might be questionable; please contact me via email and I will be happy to add topics to our weekly GCHAR REALTOR bulletin.
Jessica Bryan
Professional Standards Chair
jjbryan01@aol.com
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Trick or Treat?!
 Lending and Appraisal Member Meeting
At the September Member Meeting, our wonderful members suggested a fabulous array of educational topics for future meetings. We are very happy to announce the Education Committee lost no time investigating possible speakers and found funds to present one last member meeting in 2011. On October 31st representatives from the Triangle Lenders Association and Mel Black with the Appraisal Council will be presenting much needed information about the changes in lending practices and the new Fannie Mae appraisal laws.
Featured speakers will be MEL BLACK (Attorney at Law), ANNE WATSON (current president of TMLA), LEON SCHEARER (American Real Estate and Appraisal Company) and JOHN DEHART (of Wells Fargo)
The meeting will be held at ExtraOrdinary Ventures on October 31st. Lunch will begin at 11:30 and the meeting will begin at 12:00.
CLICK HERE to complete the Registration Process
Cost to Attend:
Registering before October 26 - $10
After October 26 or at the Door - $20
This Member Meeting is being brought to you
through the generosity of our Partner Jon DeHart:
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Safety Seminar:
The Raleigh Regional Association of REALTORS will be having a personal safety Lunch and Learn on Tuesday November 1st from 1pm to 2pm. This presentation is open to all area REALTORS at no charge.
The latest statistics show that 1 in 4 real estate agents, male or female, will be involved in a criminal encounter during their career, and/or a harassing type situation. Most agents think that it could never happen to them, until one day they find themsleves in a confrontation with a criminal. Learn the different ideas and strategies that agents could use to minimize risk. This seminar lasts one hour (questions and answer session to follow) and will cover 25 different issues on real estate agenty safety.
The instructor will be AJ Gwyn, Commander, Atlanta GA Southern Crim Prevention Task Force.
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Market Statistics
Local Market Updates are now available for September 2011. Monthly Indicator reports include data on new listings; pending sales; closed sales; days on market; median and average sales price; percent of original list price received; inventory supply, market and annual reviews.
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Build-A-Home:
EmPOWERment is celebrating 15 years of community service !
Please plan to attend the 8th Annual Build-A-Home Fundraiser on Saturday November 5th.
This will be an Evening of Jazz at the Sheraton Hotel (One Europa Drive, Chapel Hill).
The invited Keynote Speaker is the Honorable Shaun Donovan - Secretary of the US Department of Housing and Urban Development.
There will be a reception with Secretary Donovan from 5:30 to 6:30 and a Gala Awards Dinner from 6:30 to 9pm.
Please RSVP by October 24th by contacting Delores Bailey at dbailey@empowerment-inc.org
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2011 CONTINUING EDUCATION CLASSES
- November 7th (Monday) - By The Book (Ethics) Elective Class, Taught by Debbie Long, Discounted Price!
Complete your elective C.E. requirement for 2011-12 for just $40! The Association is offering the Ethics class By The Book, taught by Debbie Long at a discounted rate -- just $40 -- Class will be from 12:30 to 4:30pm at the Association office. BY THE BOOK includes topics of discussion like Anti-Trust, RESPA, Fair Housing, and NCREC Rules. This course also fulfills the NAR Mandatory Code of Ethics requirement.
SIGN UP Today! CLICK HERE and complete the registration process
CE Classes for 2011 are brought to you through the generosity of our Partner 
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Upcoming Events
 October 25th - The Last 2011 BUZZ
The location for the last 2011 BUZZ (Brokers Unwinding with Zest and Zeal) will be at Cinco de Mayo at 1502 East Franklin Street, from 5 to 7pm. No need to register or sign up - Just come on out and network with your fellow agents and have some great appetizers!
- November 9, 12pm to 1pm - Lunch 'n Learn featuring George Smart - Director of Triangle Modernist Houses
Bring a bag lunch for yourself and learn something valuable! George Smart, founder and director of the award-winning non-profit Triangle Modernist Houses (TMH), will present "Mayberry Modernism: North Carolina's Modernist Legacy". Mayberry Modernism showcases the state's surprisingly large collection of Modernist residences from the 1950s through today, particularly those in the Triangle region. The Triangle has the third largest concentration of Modernist houses in the nation, bested only by Los Angeles and Chicago. Smart's presentation includes photographs over 50 award-winning homes from the 1950's through today.
- November 17 - Installation and Awards Banquet
So maybe we won't have the drama of Two and A Half Men's Charlie Sheen meeting his replacement Ashton Kutcher on the red carpet, but we will have drama! And the best dressed women. And fabulous entertainment. And delicious food. And recognition with outstanding awards. Make plans to join us on November 17 from 5-7:30pm at the Sheraton for our annual Installation and Awards Banquet with an Emmy theme. Recognizing the impact the economy has on our membership, we are once again keeping the cost to attend low at just $15/person for members and $20 non-members.
SIGN UP Today! CLICK HERE and complete the registration process.
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The Archives
If you have missed any issues of News and Notes or just want to check on something that you may have seen in a past issue, click below in order view our archives.
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