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November 18, 2014 :: IN THIS ISSUE



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Association Buzz

Tool Kit

calltoactionCALL FOR ACTION: Extend Mortgage Debt Forgiveness Tax Relief 

Without immediate action by Congress, distressed homeowners will have to pay taxes on forgiven debt, also known as phantom income. REALTORS�, please urge both the House and Senate to extend Mortgage Debt Forgiveness Tax Relief today. Take action now.
    





       







       


slate2015 Board Ballot: Voting Ends This Sunday, November 23

Voting is open for the 2015 GCAAR Board of Directors and continues through Sunday, November 23, at midnight. Vote now.

 

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statsOctober Housing Stats Now Available

DC condo settlements strong in October; prices rise slightly; days on market up in the County. View the press release.

 

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mocoReal Advocacy for REALTORS -  MoCo Development Projects Map; DC Outlines Transportation Vision

The Montgomery County Planning Department has an easy way to find information about development projects; DC outlines major transportation vision. Get all the details in Real Advocacy for REALTORS�, GCAAR's public policy brief.  

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YPNFinal GCAAR YPN Happy Hour of 2014 This Wednesday

Join GCAAR's "Your Professional Network" (YPN) for our final Happy Hour of 2014! Registration is FREE. Please bring a donation for Shepherd's Table to help them serve their clients this holiday season. RSVP now.    

 

When & Where: Wednesday, November 19, 5:30 - 7:30 p.m. at Maggiano's Friendship Heights, 5333 Wisconsin Avenue, NW, Washington, DC.    

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duesAvoid $25 Late Fee, Submit Dues Payment by Sunday, Nov. 30

2015 GCAAR Annual Dues invoices are posted on www.gcaar.com. The due date is Sunday, November 30, 2014. As of December 1, 2014, all outstanding accounts will be assessed a $25 late fee. If payment is not received by December 31, 2014, a $150 reinstatement fee will be assessed to the account. At that time, membership privileges, including SentriLock card services, will be suspended until full payment is received.  

 

Payment options include:    

  1. Pay online at www.gcaar.com.
  2. Fax a credit card payment to 301.296.2188 (please include a contact phone number).
  3. Pay in person at either of our locations (Rockville or Washington, DC) no later than Wednesday, November 26.
  4. Mail payment to our Rockville office at 15201 Diamondback Drive, Suite 100, Rockville, MD 20850.  
GCAAR does not accept payment over the phone.
   

For billing inquiries, please contact our Accounting Department at 301.590.8781 or [email protected]. We thank you for your continued support! 

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installationRSVP for GCAAR's Annual Meeting, Installation, and Holiday Party December 3!

Join us at the House of Sweden for GCAAR's annual meeting and installation of 2015 GCAAR President Suzanne Des Marais and the Board of Directors!    

 

When & Where: Wednesday, December 3, from 6:30 - 9:00 p.m. at the House of Sweden, 2900 K Street, NW, Washington, DC. RSVP now.    

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bootsGCAAR Cares Collecting Boots 4 Vets

GCAAR Cares is partnering with the Montgomery County Coalition for the Homeless (MCCH) to collect Boots 4 Vets until Friday, December 12, 2014. Help Local Veterans Stand Tall by donating new shoes or boots for vets (adult sizes 9-11 for women, and 10 & up for men). Drop off your boots or shoes at either the GCAAR Rockville or DC office locations. For more details, contact Deborah Bell, or get the flyer.

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saleNovember Sale - 25% off REALTOR� Logo Apparel

While supplies last, all REALTOR� logo apparel is 25% off during the month of November. Visit our Rockville, or DC location for polo shirts, T-shirts, knit jackets, caps, and much more. 

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referralsMD Regulation Discourages Referrals from Real Estate Agents

Real estate agents making referrals to service providers in Maryland can now be fined up to $5,000 if they violate a new state Real Estate Commission regulation. GCAAR Past President Dennis Melby is quoted in this article.  Get the details.  

 

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condoCondo Prices Rise Despite Ban on Spot Loans

Despite indications that the government wants to loosen up on mortgage credit availability for middle-income Americans, the Federal Housing Administration continues to severely restrict the number of condo projects where it will make its low-down-payment insured mortgages available.  Learn more

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growREALTORS Guide to Facebook Advertising - Part 1 

Set up correctly, Facebook ads can dramatically drive your business at a fraction of what you may spend on Google Adwords, and may provide quicker results than search engine optimization (SEO), social media, and other organic marketing methods. Learn more.  

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CEEarly Bird Deals & CE Opportunities  

Financing Issues/Update, Event Date 11/22/14. Early Bird Deadline: Before 11/20/14. 3 required hours DC, 3 elective hours MD & VA.

RPR Basics, Event Date 11/24/14. No CE. Rockville location.

RPR Advanced: 10 Ways to Use RPR in Your Business, Event Date 11/24/14. No CE. Rockville location.

Foreign Investment Real Property Tax Act (FIRPTA) for Residential Real Estate, Event Date 11/24/14. Early Bird Deadline: Before 11/22/14. 1.5 elective hours MD & DC, 2 elective hours VA. DC location. SuperPass eligible.

Real Estate Tax Update, Event Date 11/24/14. Early Bird Deadline: Before 11/22/14. 1.5 elective hours MD & DC. DC location.

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Greater Capital Area Association of REALTORS�
15201 Diamondback Drive, Suite 100 :: Rockville, MD 20850
301.590.2000 :: www.gcaar.com