2012 Broker Briefing Header

 TOP NEWS - MONDAY, OCTOBER 29, 2012

Local Real Estate Market Analysis:
3rd Quarter 2012 Zip Code Report
When analyzing six major zip codes in our region - 28403, 28405, 28409, 28411, 28412 and 28451 - an average of the zip codes for the third quarter of 2012 shows that:
  • Our average sales price has decreased by .02% from Year End 2011.
  • Of the 884 sellers in 3rd Quarter - 32.92% paid some sort of concession
  • toward the purchase of the house, down from 32.96% from Year End 2011.
  • Our list to sales price ratio for 3rd Quarter is 95.46%, an increase from 94.61%
  • for Year End 2011.
  • The average list price of the sold properties is $240,795 and is down 1.1%
  • from Year End 2011.
  • The average number of days a property remained on the market for 3rd Quarter
  • was 124 days, compared to 147 days for Year End 2011.
  • The median sold price of $175,000 for 3rd Quarter has decreased 1.4% from
  • Year End 2011.

 LOCAL & STATE

Goodwin Denies Proposed Insurance Rate Increases, Calls for Hearing

ELECTION DAY is Only 8 Days Away - VOTE for the REALTOR® PARTY!
As a REALTOR®, you vote for candidates at the local, state and national levels who support your profession and make the right decisions for you and your clients. Get prepared for Election Day by clicking the link above - find your polling place, look up candidates and more!

Vote, Post and Win on Election Day!

As part of the Get Out the Vote effort by NCAR, you are encouraged to post pictures of yourself and other members at your voting site through November 6. The photo can be of you inline to vote or afterwards, then post it to the NCAR Facebook page. The best picture will win and have a flag flown in your honor at the U.S. Capitol in Washington D.C. Afterwards, the flag will be sent to you to keep. Help make your voices heard!

2012 GABBY Awards:
Vote WRAR for Best Local Advocacy Campaign

The voting will be open until COB on November 2.

POLL RESULTS:
Proposed Taxpayer Funded Baseball Stadium

Last week, we ask you the following question - Are you for or against the proposed taxpayer funded baseball stadium that would be built in Downtown Wilmington?

POLL RESULTS: Proposed Taxpayer Funded Baseball Stadium

Important Notice about Your Dues Statements
On Monday, October 1, your local, state & national dues statements were emailed to you via the email address that you currently have on file with us. Credit card processing for dues will not occur until November 19th. All dues must be paid by December 31, 2012 or your membership terminates. All dues are non-refundable. If you have any specific questions regarding this, please call the WRAR office at (910) 762-7400. Thank you for your membership!

Click on the link above to learn how you can nominate a fellow REALTOR® or member for one of our prestigious annual awards like - REALTOR® of the Year and Salesman of the Year. Deadline is November 2 at 12PM. Have questions? Contact Lois at LPetelinkar@WRAR.com.

 UPCOMING EVENTS 

COMMERCIAL DAY 2012 COMMERCIAL DAY 2012
All WRAR Members are encouraged to join the RCASENC for this informative event. Join us as the experts below deliver an intriguing presentation about the overall economy and commercial markets at the local, state and national levels. Select each name below to learn more about them.
Presentation will be followed by a panel discussion moderated by Rob Kaiser, Publisher at Greater Wilmington Business Journal. We are opening this event up to our community leaders and business professionals as well as the media/press to attend, so please help spread the word. Non-members must register online here.

Tuesday, October 30 - 8:00am to 12:00pm

Breakfast served at 8:00am, Program begins at 8:45am
The Terraces on Sir Tyler - 1826 Sir Tyler Drive
REGISTER NOW
Sponsored by the Greater Wilmington Business Journal

SAVE THE DATES
  • 4th Quarterly Meeting & Holiday Luncheon - December 5

 NATIONAL

Pending Home Sales Improve in September

New-Home Sales Surge 5.7% in September

Housing Shortages Plague Market

Fannie Mae on Housing: The Worst Is Behind Us

Nondelinquent Borrowers Soon to Be Eligible for Short Sales

Younger Buyers Feel Smart About Home Ownership

Apply for REALTOR® Magazine "30 Under 30"

 GOVERNMENTAL AFFAIRS

Supporters, Opponents Spar Over $37 Million Stadium Deal

Sustainable Group Names Project Leaders

Davis, Swearingen Head-To-Head for D19

NCAR Government Affairs Update 10/26/12

Incinerator Deal Delayed Again?

MEETING: NC Coastal Resources Commission Science Panel - Oct. 29 in New Bern, NC

Begala: Obama's Given Up on NC, Romney 'Likely to Carry' the Battleground

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

CONT. EDUCATION

DESIGNATION COURSES

GOV AFFAIRS

UPCOMING EVENTS

COMMITTEE MEETINGS

LUNCHEONS

THOUGHTS & PRAYERS

WRAR STAFF

BROKER BREEZE BLOG


REALTOR® Store: Now Taking Pre Orders for 2013 Magnetic Business Card Calendars

BIZ & TECH TIPS


BEST PRACTICES

Multiple-Offer Procedures for the Listing Agent Listing brokers should have a substantive discussion with the seller when the listing agreement is executed. The discussions might include:
b) A very few buyers may withdraw when they know there are multiple offers. 
Read More

 

STAY AHEAD OF
THE BAD GUYS
  

Carry a cell phone and program it so that the police emergency number is on speed dial. Read More 

 

RAPATTONI MLS

Tablet Interface Now Available to All Users - Watch Video of Features or just try it out by logging into the MLS from your device. Questions about it? Contact Rapattoni at 866.730.7114, Support ID# 825

 

REALTORS® PROPERTY RESOURCE (RPR)

Need some commercial training with RPR?
Reserve your spot!

 

TECHNOLOGY

Microsoft® Windows® 8 has Arrived

  

SUPRA

NCAR PARTNER
a la mode websites 
As a partner with NCAR, a la mode will offer NCAR members 20% off retail prices on original orders. Just identify yourself as a NCAR member when talking to us about your order or enter the promo code NCAR when placing orders through the a la mode website.

NAR PARTNER
e-PRO® Through the REALTOR Benefits® Program, members can receive a 10% discount on the e-PRO® Day 1/Day 2 bundle delivered via REALTOR® University. Visit the e-PRO® website and enter code EPRONOW upon checkout, or call 877-397-3132.

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GET ACTIVE!
Legislative Committee Opening
WRAR is looking for two (2) residential REALTORS® to serve on the Legislative Committee for a two (2) year term beginning January 2013. The committee meets once a month for about an hour to discuss pertinent issues affecting the industry. If you are interested in serving, please contact Kathleen Riely a kriely@wrar.com.

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