2012 Broker Briefing Header

 TOP NEWS - MONDAY, JULY 23, 2012

When analyzing six major zip codes in our region - 28403, 28405, 28409, 28411, 28412 and 28451 - an average of the zip codes for the second quarter of 2012 shows that:
  • Our average sales price has increased by 5.4% from 1st Quarter 2012.
  • Of the 895 sellers in 2nd Quarter - 32% paid some sort of concession toward the purchase of the house, up from 30% last quarter.
  • Our list to sales price ratio for 2nd Quarter is 95.86% an increase from 95.63% for 1st Quarter 2012.
  • The average list price of the sold properties is $232,792 and is up 5.1% from 1st Quarter 2012.
  • The average number of days a property remained on the market for 2nd Quarter was 143 days, compared to 169 days for 1st Quarter 2012.
  • The median sold price of $180,000 for 2nd Quarter has increased 5.9% from 1st Quarter 2012.
Click the link above to read the full report with chart and analysis.

 LOCAL & STATE

IMPORTANT REMINDER for DRs Only!
Certifications Due by July 31st

If you are the Designated REALTOR® (DR) by your firm, then please click the link above to learn how to submit your annual certification if you haven't already done so. All DRs should have received this info in email format back on June 26. Questions? Please contact Tameca at TJenrette@WRAR.com.


Congratulations New CRB!
Please join WRAR in congratulating Neal Johnson with Network Real Estate for recently earning his Council of Real Estate Brokerage (CRB) Managers designation.

 UPCOMING EVENTS 

Basic Trust Account Procedures Course is
Coming to the Port City!
This course is designed to instruct bookkeepers, whether licensed or unlicensed, about the Commission's rules pertaining to trust account records, maintenance issues, deposits, creating the "clear audit trail", monthly reconciliations, etc. The Commission only offers this course outside of Raleigh once or twice a year. Four (4) hours of CE elective credit will be awarded for completion of the course.

Wednesday, July 25 - 9:00AM to 1:00PM
Instructor: Bart Allen, NCREC Senior Auditor/Investigator
Tuition: $45 Per Person
Session is limited to 40 participants, scheduled according to the date the registration information is received. Walk-ins will be accepted on a space available basis only. Persons reporting late for class will not be admitted and will forfeit the course fee.
Register Online at www.ncrec.gov or via this form.

FACT: Agents Who Attend NAR's 2012 REALTORS® Conference & Expo Earn More
REALTORS® who attended last year's event made at least $40,000 MORE than those who didn't attend. That's because they learn how to improve their business from real-world practitioners at the conference's 100 education sessions, plus, they access the latest technology from the expo's 400 exhibitors. Register today for NAR's 2012 REALTORS® Conference & Expo, Nov. 9-12 in Orlando, FL, to make more money appear for your business every year.

 NATIONAL

June Existing-Home Prices Rise Again

Mortgage Rates: The Record That Keeps on Breaking

New-Home Building at Highest Level in 3 Years

With Retail Goes Consumer Confidence

Inventory of For-Sale Homes Continues to Plummet

Builder Confidence Soars by Highest Amount in 10 Years

Home Owner Insurance Deductibles on the Rise

 GOVERNMENTAL AFFAIRS 

NCAR Government Affairs Update 07/20/12

Governor Perdue Signs More Bills into Law -
Including Regulatory Reform Act


Forest, Tedesco Win as Voters Set November Ballot

DOT Selects Routes for Military Cutoff, Hampstead
Bypass Projects


Coastal Legislation Remains Unsigned

Pair Works to Attract Industry to Area

McIntyre's Camp Announces Fundraising Amount for 2Q

> For more Gov Affairs news, info & events, please Click Here.

 NCAR PARTNER 
Vertical Response - NCAR Partner Program  
Vertical Response Inc. provides a full suite of self-service marketing solutions for small businesses including email marketing, social media marketing, event marketing, direct mail marketing and online surveys. All NCAR members receive a 15% discount on any email, social and survey purchases. Visit www.verticalresponse.
com/ncar
for more information or to sign up! 


 NAR PARTNER 

Hertz 

REALTORS®, Become Hertz #1
Club Gold® Members - FREE!

Going "Gold" is the fastest way to rent and return a car, and Hertz is waiving the $60 fee for all NAR members. Click Here to learn more!

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MLS, SUPRA & INFO

GOVERNMENTAL AFFAIRS

CONTINUING EDUCATION

DESIGNATION COURSES

UPCOMING EVENTS

COMMITTEE MEETINGS

LUNCHEONS

NEW SUBDIVISIONS

CHARITIES & COMMUNITY

THOUGHTS & PRAYERS

WRAR STAFF

BROKER BREEZE BLOG

Presented by Alpha Mortgage

 

Underwater Home Owners Help Lift Home Prices?

A False Housing Recovery or for Real This Time?

New Medicare Tax on "Unearned" Net Investment Income

Membership Changes: June 16, 2012 to
July 11, 2012

 

REALTOR Store Open House Flag Kits

TIPS OF THE WEEK

BEST PRACTICES
Good Practices for All:
In General

Abide by the Golden Rule:
Do unto others as you would have them do unto you.

Read More      

 

ROAD SAFETY  

Don't antagonize potentially dangerous drivers by mimicking their gestures or aggressive driving. Just let it go. Read More   

 

RAPATTONI MLS

Your MLS system is designed to be accessible from any PC with Internet access. Since satisfactory performance of the MLS software functions may not be achieved if the computer's hardware and software are less than adequate. Please review these guidelines.

 

REALTORS® PROPERTY RESOURCE (RPR)i

Want a schedule for live training? Click Here

 

TECHNOLOGY

Windows 8 will be launched October 26 - Learn More.  

 

SUPRA

Keybox Has Been Stolen? If a KeyBox is stolen, then it must be reported immediately to the MLS.  You will not be charged for the KeyBox as long as a copy of the police report is provided to MLS staff within one week of initial notice.  If a police report is not provided, the fine shall be the same as for a lost KeyBox.

SAVE THE DATES 2012
 
2012 Annual Meeting & Election - Thursday, September 20

Halloween Masquerade Ball - Friday, October 26,
7-11PM

Hosted by the Wilmington REALTORS® Foundation
 

4th Quarterly Meeting & Holiday Luncheon
Wednesday, December 5


*To view other future membership meetings & event dates, please Click Here. Location is the WRAR Office at 1826 Sir Tyler Drive unless otherwise noted. All dates and events are subject to change.

WRAR Broker Briefing - Web Version
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