| President's Message,
Libby Isaacson, ABRM, ESRES, GRI |
Dear Fellow REALTORS® and Affiliates,
I would like to wish you all a very happy and prosperous 2010! I am very pleased to let you know that the Greater Providence Board of REALTORS® has been working on an agenda to keep you educated and informed throughout the year and beyond!
Educating our members is a priority at the Board. With re-certification in mind, we are offering core DBR approved courses such as Situational Agency, REALTOR® Code of Ethics and The Distressed Property: An Overview of The Foreclosure, REO and Short Sale Process. We will also be offering courses that will enhance your professional development and look forward to launching a series of brown bag lunch discussions on topics that will assist you in enhancing your business practice. Course selections are noted in our newsletter and will be included in outreach from the Board on a regular basis.
We are also working on keeping you informed of the latest trends, information and tools you can use to assist you in your business! Our newsletter and emails will be filled with links to resources on REALTOR.org and information contributed from our members and valued affiliates. We are committed to bringing you the most current and relevant information available to real estate professionals today.
Our REALTOR® Code of Ethics and Professional Standards serve to distinguish REALTORS® from real estate licensees, so please take a moment to view the informative video presented by NAR in our "Know the Code" segment. This important information is designed to enhance our members' professional practices and ensure compliance with our Code of Ethics. Please keep in mind that this year changes have been made to the Code to expand and clarify several Articles. Click here for a summary of 2010 changes.
Lastly, please take advantage of your REALTOR® membership with offerings from our REALTOR® Benefits program. This program, designed by the National Association of REALTORS® provides you access to many different benefits and cost savings - from health insurance to discounts on travel. Please click here to review the many options available to you.
On behalf of the Greater Providence Board of REALTORS®, may 2010 be your best year yet!
Sincerely,
Libby
Libby Isaacson
2010 President GPBOR |
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2009 Circle of Sales Excellence Awards Criteria Announced |
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Celebrate Success at
The 2009 Circle of Sales Excellence Awards
WHERE: Providence Marriott on Orms Street
WHEN: March 18, 2010; 6:00 - 10:00 P.M.
Members who are interested in participating in the 2009 Circle of Sales Excellence Awards Recognition Program may access the documents by clicking here. |
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REALTOR® Code of Ethics |
Know the Code
Duties to Clients and Customers
Article 2
REALTORS® shall avoid exaggeration, misrepresentation, or concealment of pertinent facts relating to the property or the transaction. REALTORS® shall not, however, be obligated to discover latent defects in the property, to advise on matters outside the scope of their real estate license, or to disclose facts which are confidential under the scope of agency or non-agency relationships as defined by state law. (Amended 1/00)
Article 3
REALTORS® shall cooperate with other brokers except when cooperation is not in the client's best interest. The obligation to cooperate does not include the obligation to share commissions, fees, or to otherwise compensate another broker. (Amended 1/95)
Copyright National Association of REALTORS®. Reproduced with permission. |
| The Distressed Property: An Overview of the Foreclosure, REO and Short Sale Process |
Join Attorney James Caruolo for this informative 3-Hour DBR Approved Core Course focussed on distressed properties.
SEATS STILL AVAILABLE!
DATE: February 2, 2010
TIME: 9 A.M. - Noon
Here's what people are saying about this course:
"Great location - I love the small group discussions"
"Best use of three hours I have had in a long time!"
"Instructor knows his material"
This class will be offered at GPBOR
365 Eddy Street, Suite 1, Providence, RI 02903
Call the Board office at (401) 274-8383 to register.
$30.00/3 Core CEUs |
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Washington Advocacy Update |
NAR Comments on Proposed TILA Rule
On December 23, 2009, NAR President Vicki Cox Golder submitted comments to the Federal Reserve Board on its proposal to amend the regulations implementing the Truth in Lending Act (TILA). The proposed rule includes new and amended disclosure obligations for creditors, restrictions on loan originator compensation, and requirements to prevent adverse steering based on loan originator compensation, among other changes. TILA does not apply to transactions that are primarily for business, commercial, or agricultural purposes.
NAR supports the proposed rule's overall reform of the TILA Regulation disclosures, to focus the consumer on the most meaningful terms in simple tables that should prove much easier for consumers to understand. That, in turn, should help consumers find fair and affordable mortgages, resulting in a reduction in default rates and foreclosures and helping to stabilize communities. NAR also supports the Board's efforts to eliminate adverse steering of consumers to loan products that may not be in their best interests. NAR has been at the forefront of advocating for such mortgage reforms, consistent with its Responsible Lending Principles adopted in 2005 (attached to the letter).
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| Technology Tip |
From Michael Pereira
GPBOR Technology Chair
Social networking and on-line profiles have invaded the real estate industry with a fury! Many of our members have established an on-line presence to take advantage of the opportunities to network and connect with the endless resources available in cyberspace.
This exposure comes with the requirement and responsibility to monitor your presence on-line. All too easily, a disgruntled comment can adversely affect the reputation you have worked so hard to achieve! Now, it is easy to track your on-line profiles with TrackUr. TrackUr can track your name, company or brand, and even your competition in any web content - blogs, forums and even Twitter!
This technology is available starting at the low price of $18 per month. Check our their website here for further information. | |
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As a member of the National Association of REALTORS®, you may be entitled to limited medical insurance exclusively designed and priced for REALTOR® members.
Coverage includes:
doctor office visits, wellness visits, emergency room benefits, surgery benefits, a prescription discount card and more!
If you are age 18-65 and would like to learn more about this low cost, guaranteed acceptance plan please click here.
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The Herbert H. Landy Insurance Agency is a national leader in providing Errors & Omissions insurance to Real Estate Agents & Brokers and Appraisers. With over 50 years of experience, we know the business of insuring Real Estate professionals. The Landy Agency is affiliated with professional associations throughout the United States, and we are particularly proud to serve the members of the Greater Providence Board of REALTORS®.
We are pleased to introduce into Rhode Island the Realty Express E&O plan. Designed for smaller firms, it features a simple application process and very competitive rates. Apply online at www.landy.com and receive your policy the same day! Larger firms will also benefit from new lower premiums as well as enhancements to our already great coverage. Visit www.landy.com for information and applications, or contact John Torvi at 781-292-5417 or johnt@landy.com, for personal service. We also have E&O plans for Home Inspectors, Mortgage Brokers, Property Managers and Title Agents.
Visit our website at www.landy.com to learn more about us.
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| Right Tools, Right Now Extended! |
NAR has announced that the Right Tools, Right Now initiative has been extended to 2010. NAR members can continue to take advantage of hundreds of NAR products and resources that can help their business now for FREE or AT-COST.
Click here to see some of the products and services offered. |
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GPBOR Offers Code of Ethics Training |
Re-Certification is fast approaching!
Join Dean deTonnancourt as he takes you through the REALTOR® Code of Ethics and offers helpful insight on real estate practices that will keep you on the right track!
The course will be offered at the Board Office on
Thursday 1/21/2010
9:00 A.M. - Noon
Monday 1/25/2010
3:00 P.M. - 6:00 P.M.
Wednesday 2/10/2010
9:00 A.M. - Noon
Thursday 2/11/2010
3:00 P.M.- 6:00 P.M.
Monday 3/15/2010
3:00 P.M. - 6:00 P.M.
Registraton: $30 for members or $40 for non-members (includes course, materials and 3 RI DBR Approved CEUs toward you 2010 real estate license renewal).
Here's what people are saying about the class:
"Great Class!"
"Informative Instructor"
"Really kept my interest"
"Good Job!"
To Register: call the Board office at
(401) 274-8383 or click here
and be prepared to register
with your REALTOR.org
User Name and Password. |
| Save the Date |
Celebrating a Tradition of Excellence since 1907!
The Distressed Property:
An Overview of the Foreclosure, REO & Short Sale Process ~ 2/2/10
9 A.M. to Noon
(certified for 3 core CEU's)
New Member Orientation
Wednesday, 1/13/2010
9:30 - 10:30 A.M.
Board office
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We are here to provide you with the highest quality professional services at the Greater Providence Board of REALTORS®. Contact us at:
(401) 274-8383
Michele Caprio, CEO
Suzanne Silva, CFO
Beth McSherry, Executive Administrator
Keep us up-to-date with your email address... so we can keep you up-to-date! | |
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