Rosen Shingle Creek Orlando, FL

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1 August Florida Realtors Convention & Trade Expo A publication for and about our members digest WHEN? August 14 th -18 WHERE? 18 th Rosen Shingle Creek Orlando, FL Ride the bus to FREE Friday on August 16th Visit for details LEARN FROM THE BEST More than 35 education sessions on timely business trends. Click here to view the schedule of educational classes & seminars. MEET THE PROPERTY BROTHERS Come and meet the Property Brothers HGTV Home Makeover Stars at the General Session on August 16th. REBARCAMP ORLANDO IV FREE and so much more! Join the REBarCamp on 8/14 and learn how to take your business to the next level! Click here for more info. TRADE EXPO On August 15th & 16th come and visit the Sebastian Ballrooms J K L to meet with more than 150 industry experts and exhibitors who will be showcasing their products. Put them to work! It s their job to help you find the best tools to improve your business. And More! Register here: Board Dues notices were sent out the first week of the month. If you did not receive your notification, please go to ramcfl.org and Log In to your Account to view & pay your invoice. In this issue: Membership 3 Realtor Safety 4 Realtor.com Expansion/Changes 6 Ethics 7 Awards Nomination Form 9 Upcoming Education 11 Statistics August Calendar 18

2 REALTOR ASSOCIATION OF MARTIN COUNTY 43 SW Monterey Road Stuart, Florida Phone (772) Fax (772) OFFICERS President TOM BAKER President Elect JENNIFER ATKISSON LOVETT, CRS, GRI Vice President ANGIE LAVIANO, CRS, GRI Secretary Treasurer CHRISTY BEARSE, CPA homefinders.com DIRECTORS SUE ANDERSEN, TRC RICK BOSCHEN DIANA BRUTON, AHWD,CRB,LTG,PMN SANDY BURTON MARTY CARMODY DENNIS FADDEN, CRS, GRI, SRES, SFR CHERYL GAYDOS, GRI, SFR, TRC, epro JOAN ROGERS STAFF JOY LANE Executive Vice President JEREMEY BINGHAM Government Affairs Director Government Affairs, RAMCFL.org, Supra MARISA MOLEIRO MLS Director MLS, Marketing, Newsletter, RENEE JORDAN Membership & Education Director Education, Sponsorship, Membership Want to reach RAMC members with your message? Contact Marisa for information on advertising in the RAMC digest at Deadline for the August edition is August 21st. Verify your CE Credits with DBPR It is very important to keep all your continuing education letters to validate your coursework. These letters will tell you the course names and how many credits you received. If the credits did not get transmitted successfully to DBPR, then you will be able to use the letters to verify your attendance. For questions, please call the Customer Contact Center at Monday Friday, 8 a.m. 6 p.m. and Saturday 10 a.m. 2 p.m. EST. >> Click here to Verify CE Credits at DBPR Online >> Click here for Florida Realtors Education Contacts For more information about Florida Licensing requirements, you can visit the Florida Realtors website by clicking here Important Phone Numbers and Web Sites National Association of REALTORS Florida Association of REALTORS Florida Legal Hotline Free advice from an Attorney for members of Florida Realtors! Florida Tech Helpline (M F 9am 8pm / Sat 9am 5pm) Free expert assistance and support for all your technical needs. DBPR (FL Dept. of Business and Professional Regulation) Check your CE credits and license renewal information at: MLXchange/Fusion Help Desk M F 8:30am 8:30pm / S S 8:30am 3pm Form Simplicity KURIO ListHub Support (press 2) ListingBook RealBiz (press 2) Realtor.com RPR (24 7 Support) ShowingTime Supra Page 2

3 New REALTOR Members Lisa Bukowski Mary Ellen Castellano Elizabeth (Beth) Farrara Kenneth Geary Christopher Lewis Betty E Mason Eric Witner MacLeod Coldwell Banker Premier Realty Group McAlister Properties Keller Williams Prudential Florida Realty The Keyes Co. Florida Living Realty New Designated REALTOR Christopher Dalfo Fred Hennings New MLS Members Denise Barile David DuPlessis Valerie Hauthaway Kathryn Munz Dalfo Realty Group LLC Hennings Real Estate Assist2Sell Plaza Realty Distinct Estates Keller Williams Realty of the TC Keller Williams Realty of the TC New REALTOR Offices #1007 Hennings Real Estate 2182 SW Waterview Pl Palm City, FL #1008 Dalfo Realty Group LLC 4219 Whiticar Way Stuart, FL New Business Partner Offices Membership #A290 Welcome Home Home Inspection Services Co. 672 SW Stillman Avenue Port St Lucie, FL #A291 Baers Furniture 1421 S. Federal Hwy Stuart, FL #A292 Property Transfer Services 1200 US Highway 1, Ste B N. Palm Beach, FL #A293 Ports of Call Environmental, Inc 6529 SE Held Court Stuart, FL New Business Partners Thomas A. DeSisto John J. Golding Jeff Hedgepeth John Pacella Jennifer Raffo Baers Furniture Property Transfer Services Co Ports of Call Environmental, Inc. Welcome Home Home Inspection Services Co Baers Furniture Page 3

4 All tips are taken from the National Association of REALTORS REALTOR Safety Resource Kit Keep it light Show properties before dark. If you are going to be working after hours, advise your associate or first-line supervisor of your schedule. If you must show a property after dark, turn on all lights as you go through, and don't lower any shades or draw curtains or blinds. Checking-in When you have a new client, ask him/her to stop by your office and complete a Prospect Identification Form (Find a copy online at Also, photocopy their driver s license and retain this information at your office. Be certain to properly discard this personal information when you no longer need it. Don t be too public Limit the amount of personal information you share. Consider advertising without using your photograph, home phone number and/or home address in the newspaper or on business cards. Don t use your full name with middle name or initial. Use your office address or list no address at all. Giving out too much of the wrong information can make you a target. Touch base Always let someone know where you are going and when you will be back; leave the name and phone number of the client you are meeting and schedule a time for your office to call you to check in. Open house Open house: it ain t over till it s over. Don t assume that everyone has left the premises at the end of an open house. Check all of the rooms and the backyard prior to locking the doors. Be prepared to defend yourself, if necessary. Stranger danger Tell your clients not to show their home by themselves. Alert them that not all agents, buyers and sellers are who they say they are. Predators come in all shapes and sizes. We tell our children not to talk to strangers. Tell your sellers not to talk to other agents or buyers, and to refer all inquiries to you. Sturdy doors are key to home safety Make sure that all your home s doors to the outside are metal or solid, 1 ¾" hardwood, and have good, sturdy locks. Block identity theft Contact the fraud department of any of the three consumer reporting companies Equifax, ExperianSM and Trans Union to place a fraud alert on your credit report. The fraud alert automatically lets credit card companies and other creditors know they must contact you before opening any new accounts or making any changes to your existing accounts. Keep track of colleagues Have a check-out employee board at your office, listing your name, destination, customer name, date and expected return time. Wear your REALTOR ID Always wear visible company identification such as a badge. It is also best to drive a vehicle clearly marked with your company name. These will be invaluable for identification if you need to get assistance. Bring up the rear When showing a home, always have your prospect walk in front of you. Don t lead them, but rather, direct them from a position slightly behind them. You can gesture for them to go ahead of you and say, for example, The master suite is in the back of the house. Page 4

5 3 Real Estate Scams Your Clients Fall For Daily Real Estate News Thursday, July 18, 2013 Though the housing recovery is trucking along, that doesn't mean real estate scams have gone away. Home owners have been duped out of an average of $4,000 to $5,000 from scams, but even five figure losses aren t uncommon for those who have fallen prey to fake loan modifications and other housing fraud. Forbes recently highlighted three of the most common real estate scams today: 1. Rental scams: Scammers illegally pull online listing information from a home for sale and re post it as a rental on another site, such as Craigslist. They ll often ask for money upfront, in the form of a security deposit or broker fee, from prospective tenants. Scammers often advertise the home at a low price and collect application fees from several prospective tenants in order to hold the property for them. Warning signs: Be cautious of wiring money or paying any upfront fee before you ve met the agent or signed the contract. Also, be skeptical if they can t show you the property when you ask. 2. Loan modification scams: Scammers may offer fake foreclosure counseling, phony forensic loan auditing, nonexistent mass rejoinder lawsuits, bait and switch ploys, leaseback programs, and fraudulent government modification programs, Forbes reports. Warning signs: Be skeptical if anyone asks for money for foreclosure counseling. Foreclosure counseling is free from agencies like the U.S. Department of Housing and Urban Development. Also, always contact your lender directly to work through a modification process. Don t allow someone to do that on your behalf. 3. Workshop scams: An investment guru will host a get rich quick real estate investing seminar and have you sign up for a course that is free or low cost. The investor may then give you actual properties to invest in if you offer up thousands of dollars in advance. They make bold promises that you ll become a millionaire, but then nothing ever happens. Also, a form you may have signed initially to take the class may prevent you from taking legal action against the instructor to recoup your money. Warning signs: While not every workshop instructor is a scammer, be sure to check out the program thoroughly before signing up. Check the company s rating with the Better Business Bureau. Also, check if it s linked to a reputable industry association. Fed: Housing Helping Economic Growth Daily Real Estate News Thursday, July 18, 2013 The recovering housing market is partially responsible for spurring economic growth, according to a recent Federal Reserve report. Eleven of the 12 districts included in the Fed survey say they are experiencing modest to moderate economic growth, while the 12th district, Dallas, reports strong growth. Residential real estate and construction activity increased at a moderate to strong pace in all reporting districts, the Fed said in its Beige Book, which is based on anecdotal reports from 12 regional banks. Manufacturing expanded in most districts since the previous report. Housing construction and home prices have shown improvement in the past year, the Fed notes. Consumer spending also has increased, and hiring is holding steady in most areas. The housing recovery has also led to a rise in the production of lumber, materials, and construction equipment, the Fed notes. "Housing activity and prices seem likely to continue to recover, notwithstanding the recent increases in mortgage rates, but it will be important to monitor developments in this sector carefully," said Fed Chairman Ben Bernanke in testimony Wednesday before lawmakers. The Fed has made moves in recent years through a bond purchases program that has helped to keep mortgage rates near historical lows. Rates have been rising in recent weeks as the Fed announced that it would be scaling back its program later this year. Page 5

6 NAR Directors 'Green Light' Realtor.com Expansion Presented with the facts, the National Association of REALTORS ' board of directors saw past personal issues and fears, making a historic decision Wednesday to enable realtor.com to compete more directly with third party aggregators, particularly Zillow and Trulia. The board recommended amending restrictions to the agreement that governs the site s operation in order to enable realtor.com to: Display unlisted new homes and newhome communities. Display unlisted rentals. Obtain listings from entities that are not REALTOR owned and controlled, as well as from brokers who are not REALTORS. Identify properties where a notice of default has been recorded, auctions of distressed properties, short sales, foreclosures, and bank owned properties. (Listing brokers will have the option to opt out by calling the realtor.com customer care center.) Individual consumer FSBOs remain precluded from the site, and the changes will be implemented in a way that preserves realtor.com s accuracy advantage, according to Move executives. There was no shortage of unease about the changes, particularly those that would allow listings from brokers who are not REAL TORS. But when NAR and realtor.com executives presented a comprehensive look at the history of the site and the inroads third party aggregators had been making since 2010, the recommendations passed overwhelmingly on a voice vote. Of note, 1999 NAR President Sharon Millett, who was there at the creation of realtor.com, spoke persuasively in favor of all the requested changes. There was a time when restricting the site to only REAL TOR listings was appropriate, she said, but that time has passed. Now, it s time to compete head to head and give consumers what they clearly want: an accurate, comprehensive site, she said. The operating agreement that allows San Jose, Calif. based Move Inc. to operate realtor.com is actually an agreement between subsidiaries of NAR (the REALTORS Information Network, or RIN) and Move (RealSelect). After the NAR board meeting, the RIN board met and approved the recommendations. Errol Samuelson, president of realtor.com and chief strategy officer for Move Inc., said the changes would happen at Internet speed. Because Move is a publicly traded company, NAR maintained silence before yesterday s meeting about the proposed changes, providing board members with only general meeting information in advance. Board members were required to check their smartphones at the door to avoid having the proposal broadcast and debated via social media before the vote. Security guards were posted outside the closed door meeting to prevent journalists from entering. Since the announcement Wednesday, the social sphere has been buzzing with talk and questions about the decision. Of note, members who read stories on realtor.org, Inman News, and elsewhere were asking: What is the relationship between Move Inc. and NAR? Although NAR owns the domain realtor.com, the site is operated by Move. NAR owns a small share of Move, in the neighborhood of 2.5 percent to 3 percent, and has never owned more than 5 percent of the company. That said, Move/ Real Select is a brand partner, an instrument of the REALTOR brand, generating 450 million brand impressions every month through its Web site, mobile apps, and social media, said Brian Boero during the meeting Wednesday. Boero is a consultant with 1000 Watt Consulting. Who is on the board of directors? There are 756 members of the NAR board, representing the nation s 1 million REALTORS. Six hundred and twenty five directors attended Wednesday s meeting in Chicago, the first special meeting of the board since 1996, when the original operating agreement was executed between RIN and RealSelect. Board members represent all regions of the country and include independent and franchise brokers and agents. A complete explanation of how board positions are allocated is included in the NAR Constitution. Won t these changes erode the REALTOR brand? Consumer demand for property information has never been greater, said NAR President Gary Thomas in a prepared statement after the meeting. Expanding realtor.com s base of listings is critical to maintaining its competitiveness in the world of listing aggregation. And the REAL TOR brand will continue to be preeminent, not just in the domain name but in every aspect of the site, its mobile apps, and its public relations. When the changes are implemented, the site will continue to clearly distinguish REALTOR represented listings and will use language that more prominently emphasizes the difference between REALTORS and non REALTORS, said RIN President and CEO Bob Goldberg. Will consumers be able to directly input listings? No. Consumer for sale by owners are still precluded from realtor.com. Who profits from the revenue generated when agents spend money to upgrade listings or advertise on the site? Member dues do not go to the operation of realtor.com, and NAR does not collect revenue when members purchase realtor.com products and services. Will non REALTORS get leads from realtor.com? Many directors also expressed concern about this issue, and the members of the RIN board said they d be addressing the issue. Read more about the decision on realtor.org. And watch for additional coverage in the September/October issue of REAL TOR Magazine. By Stacey Moncrieff, REALTOR Magazine Page 6

7 Ethics Each month we feature an article from the current year s REALTOR Code of Ethics put forth by the National Association of Realtors. Along with the article is a case study, or example, to illustrate a scenario in which the article would apply to a situation. A rticle 8 of the Realtor Code of Ethics states: REALTORS shall keep in a special account in an appropriate financial institution, separated from their own funds, monies coming into their possession in trust for other persons, such as escrows, trust funds, clients monies, and other like items. CASE STUDY CASE STUDY 1: Failure to Put Deposit in Separate Account REALTOR A, a listing broker, obtained a signed offer to purchase, together with Buyer C s check for $5,000 as an earnest money deposit. Buyer C s offer was subject to the sale of his current residence. REAL TOR A presented the offer to Seller B who accepted it. REALTOR A then inadvertently deposited the earnest money check in his personal checking account. Since Buyer C s offer was contingent on the sale of his current home, Seller B s house remained on the market. A week later, REALTOR A received another offer to purchase Seller B s house from another broker and presented it to the seller as a back up offer. Buyer C was informed about this new offer and reluctantly concluded that he would be unable to waive the sale contingency or proceed with the purchase of Seller B s house. He then asked REALTOR A for his $5,000 check back. REALTOR A explained that he had mistakenly deposited Buyer C s check in his personal bank account which had been attached since he received Buyer C s offer, and he was temporarily unable to refund the deposit to Buyer C. Buyer C filed a complaint with the Board of REALTORS, which was received by the Grievance Committee. The Grievance Committee concluded that the complaint warranted a hearing and referred it to the Professional Standards Committee. At hearing, REALTOR A explained that his bank account had been unexpectedly attached following the loss of a civil suit which he was appealing; that his deposit of Buyer C s check in his personal account was a simple error in handling deposit slips; that he was arranging for the prompt release of his account; and that everything would be straightened out in three or four days, which should not be of great inconvenience to Buyer C. It was the conclusion of the Hearing Panel that REALTOR A was in violation of Article 8 of the Code of Ethics for having failed to put Buyer C s earnest money deposit in a special account separate from his personal funds. CASE STUDY 2: Request for Investigation Filed by Board with the State Real Estate Commission REALTOR A listed Client B s residential property and sold it to Buyer C, who made a substantial deposit subject only to Buyer C s obtaining a mortgage on terms and conditions not exceeding a specified rate of interest within 60 days. REALTOR A assisted Buyer C by introducing him to officials of a lending institution, and after processing of his application for a mortgage, a written mortgage commitment was made by the lending institution which met the terms and conditions of the sales agreement. However, shortly after the mortgage commitment was received by Buyer C, REALTOR A received a certified, return receipt requested letter from Buyer C, advising that Buyer C had changed his mind and would not go through with the sale. REALTOR A discussed the matter by phone, but Buyer C said he would rather forfeit his deposit and definitely would not complete the sale, even at the risk of the seller suing for specific performance. REALTOR A then advised Client B of Buyer C s refusal to go through with the sale and Client B told REALTOR A that he did not wish to sue Buyer C, but would just accept a portion of the forfeited deposit as specified in the listing agreement between Client B and REALTOR A. REALTOR A then obtained a written release from the sale from Client B and Buyer C, and promised to send Client B a check for the portion of the forfeited deposit due to Client B as specified in the listing agreement. However, REALTOR A failed to send Client B a check and Client B filed a complaint with the Executive Officer of the Board alleging a violation of Article 8 of the Code of Ethics. At the hearing, Client B stated that he had no complaint about REALTOR A s services to him except REALTOR A s failure to provide Client B with the portion of the forfeited deposit due him, and that after several telephone calls and letters, REALTOR A had told Client B that he would provide the forfeited monies due Client B just as soon as he could. Client B said REAL TOR A told him he had some unexpected expenses and therefore Client B would have to wait until REALTOR A obtained other funds which he expected to receive shortly. REALTOR A admitted the facts as related and further admitted that he had not placed the deposit received from Buyer C into an escrow account, but had placed it in his general funds. He said that unexpected expenditures had caused a deficit balance in these funds, and he would pay Client B as soon as he could. The Hearing Panel concluded that REALTOR A was in violation of Article 8 of the Code of Ethics and recommended that the decision, when final, be forwarded to the State Real Estate Commission as a possible violation of the public trust. The Board of Directors affirmed the decision of the Hearing Panel; ordered implementation of the recommended sanction; and requested that the President forward, with advice of Board legal counsel, the final decision to the State Real Estate Commission as a possible violation of the public trust. Page 7

8 Election Results Introducing our 2014 Officers and Board of Directors: Jennifer Atkisson Lovett, President Dennis Fadden, President Elect Bill Dean, Vice President Christy Bearse, Secretary Treasurer DIRECTORS Tom Baker Rick Boschen Dan Brady Diana Bruton Ann Busbee Bob Castellano Jeff Clark Joan Rogers Save the Date! RAMC s Annual Installation Luncheon for the 2014 Officers and Directors will be held on Friday, Sept. 27th at 11:45am at the Clubhouse at Mariner Sands Tickets can be purchased at the RAMC Office. More details to come soon... Page 8

9 Association Awards It is time to think about nominees for RAMC Annual Awards! We need your help to honor those who make a difference in our profession. Please take some time and nominate your choices for the Annual Awards. Check the box for the award you are nominating this person for: REALTOR of the Year Award Purpose: recognize the REALTOR who has contributed the most to the Association, the real estate profession, to fellow members and to the community at large during the past year. Distinguished Service Award Purpose: recognize REALTORS who have shown exceptionally meritorious service for at least five years with RAMC and whose performance and involvement have been extraordinary, unselfish and consistent in the areas of REALTOR community service and humanitarian service. service, Community Service Award Purpose: recognize REALTORS who are making an exceptional contribution to improve the quality of life in our community. The RAMC REALTORS Make a Difference campaign recognizes members personal commitment to better our communities as volunteers with the PTA, soccer coach, big brother/sister, tutor, fundraiser, etc. This award goes one step further looking at the level of personal contribution and impact of that contribution. Affiliate Member of the Year Award Purpose: recognize the individual Affiliate member who has contributed the most to the Association, the real estate profession, to fellow members and to the community at large during the past year. We are seeking to honor the individual Affiliate Member who has consistently offered support to guarantee the success of RAMC programs, projects and goals. Affiliate Company of the Year Award Purpose: recognize the Affiliate company who has contributed the most to the Association, the real estate profession, to fellow members and to the community at large during the past year. We are seeking to honor the Affiliate company that has consistently offered support to guarantee the success of RAMC programs, projects and goals. Other Special Awards Purpose: recognize members for something that just doesn t fit into any of the above categories your recommendations are appreciated. Please nominate a member or company who you feel has made a difference in our profession and community. List their accomplishments and the reasons why you feel they deserve recognition. All members are encouraged to submit a nomination. Responsibility for final selection rests with the Awards Committee and the number of nominations a member receives does not necessarily determine the decision. I hereby nominate Nominated by: Reasons: Please fax to (772) or to joy@ramcfl.org

10 Friday, August 30, :30pm- 4:30pm New / Returning Members $25 - RAMC Auditorium 4 hours CE Credit Convenient Take this course at your local board! No need to invest extra travel time! Cooperative Share the experience with other members from your local board Collaborative Participate in this session with other local boards, and network with REALTOR members from across the state Register Online (RAMC members only): Log into Click on Register for Classes Click on the class your wish to register for Click on Register Now Enter credit card information if there is a fee Click on Register Click on Print Register on Confirmation page Or, call RAMC at to register. No refunds or credits for no-shows. Please cancel 48 hours in advance if necessary. Road Map to a Successful Closing Taught by Ric Giumenta Part of the FloridaRealtors Virtual Campus Series Imagine that you decide to take a day trip to a place you have never been before. Do you simply drive and hope you find it, no GPS or map in tow? Of course not! Over time, some Realtors may go into closings without a road map since they conduct them so often. Doing so, however, can prove problematic and may lead to becoming lost. Offered in both a three and a four hour CE Credit format, this course will help real estate professionals understand the importance of knowing who is responsible for the various parts of the closing, how to overcome the problems that may be encountered, and getting to the closing table and ensuring that the Realtors fees are received without obstacles or road blocks! No two closings are exactly the same, and this course will ensure that Realtors stay on track. Objectives: Upon completion, the student will be able to: Provide options in the event of failed inspections for Roof, Termite, Electrical, or Building code deficiencies, differentiate between closing activities of a conventional contract, a cash purchase, and a HUD/VA financed transaction, provide options that would lead to a timely closing on a property with a correctable title problem, prepare a net sheet for buyer s required cash to close and sellers net proceeds based on a price and terms provided by the Instructor, construct a timeline outlining every step between contract acceptance and actual closing for each party (Listing Broker, Selling Broker, Buyer, Seller), and list the options a Broker has in the event of an escrow dispute for deposit(s) they are holding. Invest in your success with RAMC Education. RAMC is committed to providing you with a variety of educational programs designed to enhance your real estate career. Whether you are looking to renew your license, update your skills, or become certified in a certain area of real estate, RAMC has a course for you. If you have questions or need additional information, please renee@ramcfl.org

11 education outlook Invest in your success with RAMC Education. RAMC is committed to providing you with a variety of educational programs designed to enhance your real estate career. RAMC offers several programs each month. Whether you are looking to renew your license, update your skills, or become certified in a certain area of real estate, RAMC has a course for you. If you have questions or need additional information, please call us at or visit the website at ramcfl.org Check In Please arrive minutes before class begins in order to allow time for check-in. On site registrations will be permitted if seats are available. Realtor Association of Martin County August 2013 Courses Basic MLS Thursday, August 8th 9am- 12:30pm 3 CEUs FREE Learn the rules and regulations, MLS overview, client set up, listing input, search & maintenance, add photos, print reports & add a listing to open house tour. Advanced MLS Thursday, August 8th 1:30pm- 4:30pm 3 CEUs FREE Listing search review, customizing search templates, exporting, customizing grids, custom reports & agent web page set-up. New Member Orientation Wednesday, August 21 st 9am to 4pm FREE For new RAMC members. Fusion Hands On! Thursday August 22 nd 9:00am 12:00pm FREE Fusion MLS is a cross-browser alternative to replace the IDS solution, and it s quicker! Limited to 20. Registration Online (members only): Log into Click on Register for Classes Click on the class you wish to register for Click on Register Now Enter credit card information if there is a fee Click on Register Click on Print Register on Confirmation page 43 SW Monterey Rd, Stuart, FL No refunds or credits for no-shows. Please cancel 48 hours in advance if necessary. Realist Hands On! Thursday, August 22 nd 1:30pm 4:30pm FREE Limited to 20 Realist is the public records/tax roll information service provider for RAMC MLS. Learn how to run searches for mailing lists, exports, and create mailing labels among other functions. Live Webinar Road Map to a Successful Closing with Ric Giumenta Rebroadcast- New/Returning Members Friday, August 30 th 12:30pm- 4:30pm 4 CEUs $25.00 This course will help real estate professionals understand the importance of knowing who is responsible for the various parts of the closing, and how to overcome the problems that may be encountered. No two closings are exactly the same. This course will ensure that Realtors stay on track.

12 Thank You to our July Program Sponsors Program Date Sponsor Sponsor Company Marketing 7/2/13 Ellen Snow & Mari Quevedo Kolter Homes Marketing 7/9/13 Joe Rauso & Frank Leporino DR Horton Intermediate MLS 7/10/13 Rachel Walker Cross Country Mortgage Basic MLS 7/10/13 Peggy Hornick EAST COAST MORTGAGE Realist Training 7/11/13 Joanne Zarro Sterling Mortgage Fusion Training 7/11/13 Jeff Bowers Masterpiece Builders Marketing 7/16/13 Steve Fenton Fenton Services/Handyman Matters Orientation 7/18/2013 Deborah Des Jardins Guaranteed Rate Orientation 7/18/2013 Karen Gilmore Fidelity Funding Road Map to Success 7/19/2013 Deborah Des Jardins Guaranteed Rate Marketing 7/23/13 Marge Isadore Aetna Plumbing Annual Meeting/Marketing 7/30/13 Ellen Snow & Mari Quevedo Kolter Homes Page RPAC Donors Brenda Alexander Christine Bearse Christopher Clifford Carolyn Knight David Derrenbacker David Powers Deborah Wood Debra Duvall Dennis Fadden Diana Bruton Edward Long Elmira Gainey Erin Odwazny Gary Scott Gilbert Gerhardt Helene Gratton James Bruner James Gallagher Joan Thomson John Gonzalez Joy Lane Katherine Coury Keri Burgess $99 Club Members Kevin Powers Linda Prange M. Jacqui Thurlow Lippisch Margaret Dyer Mary Ann Villalva Mary Bradley Mary Brodeur Patrick Stracuzzi Patrick Stracuzzi, Jr. Phillip Parisi Randy Wisniewski Rick Boschen Ricou Hartman Roger Spugnardi Sandy McAlister Stephen Bohner Stephen Osburn Susan Maxwell Thomas Baker Vincent Laviano William Dean William Vanderwerff Capitol Club Members Angie Laviano Colleen Sample Dennis Fadden Elizabeth Elliott Jennifer Atkisson Lovett Jeremey Bingham Nick Potts Priscilla Baldwin Terri Kasnic Statesman s Award Julia Sansevere Rosalind DeGraff President s Circle Maria Wells Golden R Sustaining Member Page 12

13 Committee Volunteer Sheet The best volunteers are usually the busiest people; The people we need involved in RAMC are Members who are active, successful professionals to guide the Association so that we are providing the programs, products and services that will help members be successful. We want the "best of the best" on our Team. Please indicate the committees on which you would like to serve based on your area of expertise or where your skills would be most beneficial. o Business Partner Task Force: Works to maximize benefits and business relationships between Realtors and Business Partners. Time commitment: Quarterly Meetings o Awards: Administers the Association s awards program, i.e. REALTOR of the Year, Business Partner of the Year; establishes guidelines, reviews applications/ nominations, makes recommendations for Association awards and NAR, FAR and community awards to the Board of Directors. Time commitment: 2 4 meetings per year. o Finance: Establishes/maintains fiscally responsible budgets and reserve accounts that are responsive to the Strategic Business Plan. Qualification: Financial experience preferred. Time commitment: Quarterly Meetings o Government Affairs: Identifies, collects, analyzes and disseminates information concerning legislation and regulations that impact the business interests of members. Qualification: Interest in and knowledge of government affairs including local, state & national issues that affect our members. Time commitment: 4 6 meetings per year. o Charity: Creates and conducts all RAMC charitable fund raising efforts. Time commitment: Quarterly meetings or less. o Image & Public Relations: Promotes the importance & roles of REALTORS & RAMC, designs marketing pieces to use in this promotion, investigates other marketing avenues. Time commitment: 4 6 meetings per year. o MLS: Maximizes property information systems including MLXChange/Fusion. Qualification: Interested in improving and maximizing member s use of the MLS. Time commitment: 4 6 Meetings per year. o Professional Development: Based on member needs, delivers on going education for all members, including required courses, trends and information, provides monitors for all classes. This committee will work to ensure that our membership is as professional and ethical as possible. Time commitment: Quarterly Meetings o Residential Marketing: Conducts weekly Residential Marketing Sessions. Qualification: Should attend all possible marketing sessions; knows many members by name; outgoing personality. Time commitment: Marketing, Quarterly meetings, Moderates approximately 6 marketing sessions throughout the year. o Grievance: Reviews ethics complaints and arbitration requests to determine if a hearing is warranted in accordance with Code of Ethics and Arbitration Manual of NAR. Qualifications: Broker majority required, at least two years as a REALTOR, mature, experienced, knowledgeable common sense, open mindedness, judicial temperament, confidentiality, willingness to attend required training. Limited space available. Time commitment: As needed. o Professional Standards: Conducts hearings in matters of unethical conduct of, and disputes involving, REALTOR members. Qualifications: Same as Grievance Committee as above; Prior Grievance or Board of Directors experience a plus. Limited space available. Time commitment: As needed. o Membership: Coordinates various member networking activities, quarterly socials and will look at creating other social events to promote membership. Time commitment: Quarterly meetings. Your Name: Office: Phone: Committees you are interested in: 1st Choice 2nd 3rd Please list any experience, education, interests, special skills or past volunteer work that you feel are relevant to the volunteer opportunities that you are interested in: Please Fax to RAMC at Please return by August 31.

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15 JUNE 2013 Trend Indicator Price Range Residential 13 Total Units 12 Total Units Price Range Condominium Sold by # of Bedrooms Inventories Sold Inventories 13 Total Units 12 To tal Units <$99, <$99, $100 - $199, $100 - $199, $200 - $299, $200 - $299, $300 - $399, $300 - $399, $400 - $499, $400 - $499, $500 - $599, $500 - $599, $600 - $699, $600 - $699, $700 - $799, $700 - $799, $800 - $899, $800 - $899, $900 - $999, $900 - $999, $1 - $1,499, $1 - $1,499, $1.5 - $1,749, $1.5 - $1,749, $ $1,999, $ $1,999, $2 - $2,499, $2 - $2,499, $2.5 - $2,999, $2.5 - $2,999, $3 - $3,499, $3 - $3,499, $3.5 - $3,999, $3.5 - $3,999, $4 - $4,999, $4 - $4,999, >$5,000, >$5,000, Total Units ,015 1,154 Total Units Avg Price 141, , , , , , ,377 Avg Price 169, , , ,288 Med Pr ice 128, , , , , , ,000 Med Price 96, , , ,500 Total Val 7,192,637 28,256,160 27,576,000 63,024,797 47,841, ,992, ,995,176 Total Val 11,382,300 9,648, ,664, ,732,534 Solds by Financing Type Absorption Rate Solds by Financing Type Residential Residential Condo Type Type Assum Assum 0 0 Cash Cash Conv Conv FHA Absorption Rate FHA 1 0 VA 9 5 Condo VA 0 0 Seller Seller 1 0 Other Othe r 1 1 Solds by Number of DOM Solds by Number of DOM Residential Condo DOM Absorption rate: indicatio n of average DOM length of DOM To calculate the absorption rate, divide the number of listings in your market by the number of sales during that month. For example, if your market had 300 home listings last month and 100 sales, the absorption rate is three months Based on MLS information from the Realtor Association of Martin County, Inc. Page 15

16 Monthly Market Summary - June 2013 Single Family Homes Martin County Closed Sales Cash Sales New Pending Sales New Listings Median Sale Price Average Sale Price Median Days on Market Avg. Percent of Original List Price Received Pending Inventory Inventory (Active Listings) June 2013 June 2012 Percent Change Year-over-Year % % % % $272,000 $239, % $413,341 $315, % % 91.8% 88.8% 3.4% 385 (No Data) N/A 1,210 1, % Months Supply of Inventory % Closed Sales J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J $280K Median Sale Price $260K $240K $220K $200K $180K Total Inventory $160K 2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Monday, July 22, Next data release is Wednesday, August 21, 2013.

17 Monthly Market Summary - June 2013 Townhouses and Condos Martin County Closed Sales Cash Sales New Pending Sales New Listings Median Sale Price Average Sale Price Median Days on Market Avg. Percent of Original List Price Received Pending Inventory Inventory (Active Listings) June 2013 June 2012 Percent Change Year-over-Year % % % % $110,000 $96, % $157,265 $125, % % 90.9% 86.9% 4.6% 162 (No Data) N/A % Months Supply of Inventory % Closed Sales J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J $130K Median Sale Price $120K $110K $100K $90K $80K Total Inventory $70K 1,600 1,400 1,200 1, J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Monday, July 22, Next data release is Wednesday, August 21, 2013.

18 Now is the time! Fill out a committee sign up form (see page 13) and choose the committee(s) you want to serve on for New committees will take effect on October 1st, August 2013 MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY 1 2 1pm FHA/VA Financing and Markets & the Economy 9am ListHub Broker session 11am ListHub Agent session :30am Residential Marketing, Area 3, Map D 2:30pm Prof. Development Committee 3pm Supra Class 9am Basic MLS Class 1:30pm Advanced MLS Class :30am Residential Marketing, Area 5, Map E 3pm FEMA Mapping Changes Webinar 8:30am Residential Marketing, Area 6, Map F 14 3pm Supra Class 21 9am New Member Orientation 3pm Supra Class pm Fusion (Hands on) Class 1:30pm Realist (Hands on) Class 6:30am Free Friday Bus leaves from RAMC for Orlando Florida Realtors Convention Rosen Shingle Creek, Orlando :30am Residential Marketing, Area 7, Map H 3pm Supra Class 8:30am Board of Directors 12:30pm Roadmap to A Successful Closing Webinar