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June 16, 2006
 
 
Weekly News Service
Providing the Latest Association and Local Real Estate Information

The Weekly News Service is an exclusive benefit available to members of the Suburban West REALTORS Association. Featuring both Association news and local real estate industry information, the Weekly News is a service meant to benefit all members of the organization.

RPAC Telethon A Success
RPAC Earlier today, 20 members volunteered 2 hours of their time to assist in raising money for the REALTOR Political Action Committee. We are pleased to report that their efforts coupled with the generous contributions from 157 member raised more than $24,000 on Friday alone. These contributions will assist with both the REALTORS Legislative Alliance and Pennsylvania Association of REALTORS efforts to: oppose a transfer tax increase; enact legislation to allow for association health plans; maintain reasonable point of sale inspection requirements; promote meaningful property tax reform; keep banks out of real estate; and preserve mortgage interest deductions.

The Association is very appreciative of the contributions made by members as well as the following REALTOR volunteers: Dave Brant, Dominic Cardone, Ken Enochs, Suzi Gerber, Art Houston, Brian Kane, Dennis Manley, Barb Mastronardo, Anne Matyjasik, Kathy McQuilkin, David Oser, Jean Pecknoe, Jim Ryal, Carolyn Sabatelli, Joan Sodd and Bud Tyson. The Association would also like to thank the following Affiliate Member volunteers: Karen Barsottini and Maria Proctor of Industrial Valley Abstract, Alan Fastman of Helpful Home Inspectors, and Joe McLoughlin of Brandywine Abstract. To view pictures of the volunteers, please click here.

It’s not too late to contribute to RPAC as we accept contributions throughout the year. Not only would your contribution go to furthering the legislative agenda of REALTORS, it also ensures that REALTORS opinions are heard locally, in Harrisburg and in Washington DC. To contribute, please contact the Association’s office at 610-560-4800 or email Vinnie Pagnini at vpagnini@suburbanwestrealtors.com.

Allan Dalton, TREND Present at Broker Invitational
Dalton More than 60 members were in attendance for the 2nd Annual Broker Invitational on Wednesday, June 14 at the Radnor Valley Country Club. The event featured two informative presentations and a unique networking opportunity for members throughout the membership. For pictures of the event, please click here.

The TREND presentation featured information on the local market trends, specifically, how the local market is slowing a bit but still fairing well overall. Additionally, attendees were provided a thorough preview of the new Multiple Listing Service and the plan for its implementation in 2007. Members were then afforded the chance to pose questions.

The keynote speaker for the Invitational was Allan Dalton, President and CEO of REALTOR.com. The major focus of Allan's presentation was the benefits of online marketing to the agent, company and, overall, the industry. A major point was that enhanced and professional marketing efforts by REALTORS and companies not only enhance their bottom lines but also the perception of the profession and industry.

Members who are interested in learning more about the future of marketing in the industry are invited to attend a free Real Estate Marketing Expo being conducted by REALTOR.com on June 29 at the Crown Plaza Valley Forge. For more information, click here.

Malvern to Vote on Modified Language of Use and Occupancy Requirements
Malvern Borough Council members are expected to discuss an ordinance that would modify the borough’s Use and Occupancy requirements during a public hearing on Tuesday, June 20, 2006. The hearing will take place at 7 p.m. in the Malvern Municipal Building (1 East First Avenue). The borough will continue to require a certificate of occupancy for all home sales and all rental units, and the same basic procedures presently in place will apply. The REALTORS Legislative Alliance has confirmed with the borough that there are no plans to change the current inspection fee of $30 Click here to see the full text of the proposed ordinance.

As a general rule, REALTORS believe that use and occupancy requirements enforced solely at the point of sale do little to promote the health, safety and welfare of all citizens. Ideally, if inspections are to be required for occupancy of a home, business or rental unit, they should be conducted on a regular basis for all properties - not only at the point of sale. REALTORS are encouraged to contact Malvern Borough Council President Henry Briggs at Malvern@malvern.org or 610-644-2602 to voice your opinions about point of sale use and occupancy requirements.

Association Sponsors Local School Awards
paxon hollow June is graduation time and the Suburban West REALTORS Association is pleased to continue its support and sponsorship of awards for schools in the Marple School District. On Thursday, June 15, Board Member Tish Maloney was on hand at Culbertson School to award of Most Improved Student to three deserving fifth graders. On Friday, June 16, Brian Kane attended the graduation ceremony at Paxon Hollow Middle School and handed out the Most Improved Student to a deserving eighth grader. The organization is pleased to extend its outreach to the community and looks forward to enhancing its outreach to more schools in the area.

Radnor School Board Approves 5.8% Tax Increase
The Radnor School Board voted unanimously Tuesday, June 13 on its 2006-07 budget, which calls for a 5.83-percent real-estate tax increase. The tax levy equates to a $274-per-year millage increase for the average Radnor homeowner (with an assessed value of $286,000). The $65-plus million budget increased about $4 million from last year. (Source: Wayne Suburban; 6/14/06)

Interested In Enhancing Your Sales Meetings?
The Suburban West REALTORS Association staff are available to present at sales meetings for member offices. This value-added service allows for you and your colleagues to gain free in-depth information on a variety of topics that will assist in the professional development of attendees. The Association has already presented at more than 60 offices and is excited about the opportunity to present to more. Topics like the Agreement of Sale, Code of Ethics, and Use and Occupancy have been popular and there are a host of others (click here for a flyer). These sessions can be customized to fit the time needs of your office and any specifics of the topics you would like emphasized.

For more information or to reserve a staff member to present at an upcoming sales meeting, please contact Steve Farace at 610-560-4800 or sfarace@suburbanwestrealtors.com.

Reminders
UPDATE--Eddystone Passes Ordinance Requiring Use and Occupancy Certificate for Rental Properties-- Following up on an article that appeared in last week's Weekly News, the Borough of Eddystone adopted Ordinance 612 which established a Use and Occupancy certificate requirement for all rental properties in the municipality. The fee for a Certificate of Occupancy for both a Residential/Leased/Let Property is $100 per each unit. Owners must also obtain a Residential Rental Operating License from the borough. To view the full text of the resolution passed detailing the nature of these fees click here.

FREE “Introduction to e-PRO workshop” on Wednesday, June 28--To find out if the on line e-PRO course will benefit your career, plan to attend a FREE “Introduction to e- PRO workshop” on Wednesday, June 28th, 1:30 – 3:00 p.m. at the Association’s Malvern office. The seminar will introduce you to the concepts presented in the course and help you decide if this certification is one you want to pursue at this time. Attendees will also receive a $30 discount off the online registration fee. To register for the FREE 90- minute Introduction to e- PRO seminar go to http://ims.suburbanwestrealtors.com and, once logged in, click on events. Or call 610-560-4800.

Important Phone Numbers & Websites
phone: 610-560-4800

Disclaimer on Events--Please note that networking events are brought to members by the Suburban West REALTORS Association as a venue to meet and socialize with colleagues. Overt and direct recruiting practices are not acceptable during our events.


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