| 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.
REALTOR Happy Hour Coming to Springfield
 The Suburban West REALTORS Association is pleased to announce
the next Happy Hour for members of the Association. All members are
invited to attend our Happy Hour on Wednesday, July 12 from 5 p.m.
to 7 p.m. at Tavolas
Restaurant at the Springfield Country Club. Like previous
events, it will feature drink specials, complimentary appetizers and
great prize giveaways courtesy of the Affiliate Member Forum. Most
importantly, the Happy Hour is a great chance to network with
colleagues. Click
here for a printable flyer about the event.
Is Your License Number Correct With The Association?
Have you recently changed your license type? A correct
license number avoids delays in many identification tasks including
processing education credits. Please take a minute to verify that
your real estate and/or appraiser license number is correct in the
Association database. Go to http://ims.suburbanwestrealtors.com
, log in and check your personal data. If the license number is
incorrect please contact the Association and provide the correct
information to any staff member as soon as possible.
Additionally, members are able to change a number of fields
of personal data on the page, including home address, email address,
home phone number, and even add a picture of yourself. Note that
office changes still must be submitted to the Association staff. If
you have any questions about membership information changes, please
contact Steve Farace at sfarace@suburbanwestrealtors.com
or call 610- 560-4800.
Pipeline Proposed Through Oxford
A large corporation has proposed to build a new natural gas
pipeline that would cross through southern Chester County, and many
residents along the proposed 87-mile route are raising concerns
about the project. According to documents filed by the AES
Corporation with the Federal Energy Regulatory Commission (FERC),
the proposed Mid- Atlantic Express Pipeline would start at a
terminal in Sparrows Point, Baltimore., and run through northern
Maryland, cross into Pennsylvania through southern Lancaster County,
pass through Lower and Upper Oxford Townships and end at Eagle,
Upper Uwchlan Township, PA.
The public can make comments to AES by using a link on the
website or calling 1-866-640-9270. Affected landowners may return
comments on the contact form sent to them with notification of the
proposed project. (Source: Chester County Press; 6/14/06)
Tax Increases Slated For Local Townships
 After four months of revisions, the Great Valley School
Board finally approved the 2006-2007 budget. The budget calls
for a 5.3 percent increase in millage, which jumped from 16.12 in
2005-2006, to 16.97 for the upcoming school year. A mill generates
$1 for every $1,000 of assessed property value. Homeowners with the
average residential assessment of $220,000 will see an increase of
$186, or a total of $3,733 for the year. That number is up from
$3,547 in 2005-6. (Source: Daily Local News; 6/21/06)
The Kennett Consolidated School District board of
directors voted to adopt the 2006- 2007 budget at $58.5 million. The
board approved a 1 percent earned income tax increase on salaries
and wages, along with a 3.3 percent millage rate increase, bringing
the millage rate to 27.57. To the average district homeowner, this
means an increase of approximately $136 per year tax increase.
According to the district’s figures, the average homeowner will be
paying approximately $4,059 in 2007. This is based on a residential
assessment of $194,447. (Source: The Kennett Paper;
6/15-21/06)
The Chichester School Board unanimously approved the
district’s 2006-7 budget of $53,835,218. The budget includes a tax
of 30.09 mills, an increase of 1.49 mills, and represents a total
increase of 5.2 percent over last year’s budget. The average
taxpayer owning a home valued at $150,000 can expect to pay
approximately $4,500 in school taxes next year. (Source: Delaware
County Daily Times; 6/21/06)
The Garnet Valley School Board adopted the district’s
final 2006-7 budget, which calls for a tax increase of about 3.9
percent. The new tax rate is 24.445 mills in Concord Township and
Chester Heights Borough and 24.776 mills in Bethel Township, which
has a slightly higher rate because it sponsors Delaware County
Community College. A homeowner in Concord or Chester Heights with a
$100,000 assessment will pay $2,444.50, or $91.80 more. A homeowner
in Bethel will pay $2,477.60, or $90.20 more.(Source: Delaware
County Daily Times; 6/20/06)
Reminders
Marketing Seminar From REALTOR.com-- 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.
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
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