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June 2006 
 Association Liaison E-Source
In This Issue


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Dear Steve,

Welcome to the inaugural edition of the Association Liaison E-Source. This monthly e-mail notice provides indepth information on hot button issues affecting REALTORS and the real estate industry. It also features information on the Association and a question designed to facilitate input from you and your fellow agents in your office.

The E-Source is meant to provide information that you can either present at upcoming office meetings or forward to your colleagues via email or casual conversation. If you have any questions about any of the information provided here, please contact me at 610-560-4800 or email mlim@suburbanwestrealtors.com.

 Mortgage Fraud--A Growing Concern
 Learn How To Protect Yourself and Your Clients

Mortgage fraud is a real issue. This crime can leave homeowners on the hook with an overpriced house and the industry straddled with higher interest rates. As a REALTOR®, you can play an important role in minimizing the risk of mortgage fraud through educating your client on the signs of mortgage fraud and its potential consequences.

Click here to access full article.

 


 Open Houses and the Code of Ethics
 

Open houses can be the source of ill will between REALTORS®. They can also tarnish the image of REALTORS® in the eyes of the public. Use of the Code of Ethics, the implementation of an office policy and the extension of professional courtesies can go a long way toward protecting the REALTOR® image with consumers and promoting good will within the REALTOR® family.

Click here to access full article.

 


 REALTORS® Respond to Media Attacks on Commissions
 

Earlier this week, two negative articles appeared in the mainstream press attacking REALTOR® commissions and comparing the Real Estate industry to a "cartel". The National Association of REALTORS® responded swiftly to both attacks with press coverage in the New York Times and the Washington Post.

Click here to access full article.

 


 Legislation Passed in PA House For Smoother Transactions
 

Legislation that is aimed at providing a clear procedure for the release of escrow funds after a failed real estate transaction has passed the Pennsylvania House of Representatives. The legislation, which has been a priority of the Pennsylvania Association of REALTORS®, now moves to the Senate for consideration. Stay tuned for future announcements by PAR regarding a special REALTOR® “call to action” to support the legislation in the Senate.

Click here to access press release.

 


 Discussion Question
 

Each month, the Suburban West REALTORS® Association will provide you with a question in which we are seeking member feedback on. We urge you to discuss this question with agents at your office during a sales meeting, through an email, or during the course of your daily conversations.

This month's question is:

The Suburban West REALTORS® Association continually strives to provide the most relevant and pertinent information to members through the Weekly News Service and REALTOR® News magazine. Are there topics or issues that you would like for the Association to address more in future articles of the email news and magazine?

Please provide any responses to Mary Lim at mlim@suburbanwestrealtors.com.

 


 Promotions
 REALTOR® Happy Hour: July 12 in Springfield

The Suburban West REALTORS Association is pleased to bring the bi-monthly REALTOR Happy Hour back to Delaware County on July 12. The event is scheduled for 5 p.m. to 7 p.m. at the new Tavolas Restaurant and Bar at the Springfield Country Club. This event is a great opportunity for members to meet one another and maybe even make a business connection. Like previous events, there will be free appetizers, discounted drinks and an opportunity to win a great prize donated by a generous participaiting Affiliate Member.

Click here for the event flyer.

 



Suburban West REALTORS Association | 100 Deerfield Lane, Suite 240 | Malvern | PA | 19355