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January 4, 2008
 
 
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.

Local REALTOR Associations Announce Sneak Previews for New Electronic Lockbox System
Supra As previously announced in past issues of the Weekly News, the local REALTOR Associations of Bucks, Greater Philadelphia, Lancaster and Montgomery counties, and Suburban West REALTORS Association have announced that they are in the final stages of contract negotiations with Supra that will translate to greatly improved operating efficiencies for the collective membership. It is expected that a swift changeover will take place in early 2008 with no interruption in existing service during the exchange process. To read about additional details on this regional project, please click here.

Suburban West has planned six opportunities for you to preview the new Supra products and to learn more about the integrated technology that eliminates the need for daily cradling and update codes.

The preview dates and times are as follows:

  • Wednesday, January 30 at either 9:00 a.m., 11:00 a.m., or 1:00 p.m. at the Springfield Country Club in Springfield, PA
  • Friday, February 1 at either 9:00 a.m., 11:00 a.m., or 1:00 p.m. at the Suburban West REALTORS Association in Malvern, PA

For additional information and to register for one of the preview dates, please click here.

Professionalism Tip: 2008 Code of Ethics Now Available
Realtor pin on lapel As a REALTOR, you have pledged yourself to conduct your business in accordance with a Code of Ethics. Each year the Code of Ethics is reviewed by the National Association of REALTOR Professional Standards Committee. For 2008, Article 12 also known as the "Advertising Article" was rewritten and two new Standards of Practice were added. The revised Code of Ethics can be found by clicking the links in this article or by visiting the Member Services/Professional Standards page of our website. Should you have questions please contact Paula Tansey at ptansey@suburbanwestrealtors.com or 610- 560-4800.

Financing Real Estate in the 21st Century
Money As the debate about predatory lending, long term financing vs. adjustable rates, and the mortgage crisis continue, your clients may rely even more heavily on you to provide direction. While it is not necessary to be an expert, a clear understanding of the process will make you a better advocate for your client. The ever changing technologies available today have had an impact on the techniques and programs of finance. Real Estate Finance beginning on January 9th, will prepare you for the consumers and markets of today and tomorrow. This is a broker level course providing 2 core credits toward a broker license. You do not have to be a broker candidate to take or benefit from the information in this class. To register for this course, please click here.

Know Someone Interested in a Career in Real Estate
Pre-licensing Pre-Licensing Courses could be the key to a successful new career in Real Estate for your family, friends and clients. Our classes feature expert material and instructors with a broad range of first- hand experience and knowledge. We are now accepting registrations for our Winter Session that begins January 15 and runs for 10 weeks (two classes/two nights a week). To sign up today, call 610- 560-4900 or email gparke@suburbanwestrealtors.com.

Knowing that many individuals' schedules are tighter than ever, the Association is also offering our Pre-License courses online. This provides another convenient option for students to pursue their real estate license. To learn more, please click here.

Commercial/ Investment Marketing Exchange Meeting on January 11
The C/I Marketing Exchange will next convene at the Association's office in Malvern from 8:30 a.m. to 10:30 a.m. on Friday, January 11. This month's presentation will be "Overview of the SBA's 540B Program" by John Flemming of the Small Business Administration. The meeting will also feature an opportunity to network with upwards of 30 other members interested in commercial/industrial/investment real estate and discuss any "haves" and "wants" of your clients. Contact Steve Farace at sfarace@suburbanwestrealtors.com for more information.

Employment Notice
A small Real Estate office in West Chester, established for over 40 years, is seeking an organized, detail oriented Administrative Assistant with working knowledge of general bookkeeping and QuickBooks. Hours are flexible. Interested candidates may call Thomas Spackman at 610-766- 2315 or fax their resume to 610-692-2718.

Safety Tip
A year-long series of brief recommendations to promote REALTOR safety in the office and out in the field.
Be prepared for road dangers. Keep roadside breakdown essentials in the trunk, including flares, a tire-inflation canister, basic hand tools, spare belt and hoses, water, a flashlight and a first-aid kit. Have your vehicle inspected regularly, keep it well maintained and learn to change a flat tire.

Reminders
Time is Running Out to Register for the Leadership Symposium- Time is running out to register for the annual Leadership Symposium and Luncheon featuring St. Joseph's University Basketball Coach, Phil Martelli author of the new book "Don't Call Me Coach: A Lesson Plan for Life."

The event will be held on January 10, 2008 from 11:30 a.m. - 2:00 p.m. at the Valley Forge Military Academy. In addition to a humorous and engaging program, this special event will feature the installation of the 2008 Board of Directors and its new Chairman, Jim Ryal. Members will also be able to network over lunch in a stately and unique venue. To register for this event, please click here and click on the Events Calendar after logging in. To view a printable flyer, please click here. The Association would like to extend their appreciation to the following companies for their generous sponsorship of this event:

  • Prudential Fox & Roach & The Trident Group
  • USI Affinity
  • Brandywine/ Springfield Waterproofing
  • LandAmerica 1031 Exchange
  • CU Settlement
  • State Farm Insurance- J. Scott Vasko Agency

Starbucks Mornings: Learn How Handheld Devices can Improve Your Business-The third session in our ongoing series of free seminars is scheduled for Tuesday, January 8 from 9:00 a.m. - 10:30 a.m. at the Association's office in Malvern. The topic will be about Handheld Devices, featuring Fran Thorsen from Internet Crusade. She will compare and contrast the features and functions of a variety of devices, as well as the benefits of using one. Attendees are encouraged to pose questions to better understand how the devices can work towards their benefit. Please be sure to bring your handheld device, if you have one. This session is sponsored by Carla Wilson of McLean International, LLC.

Registration is required for this FREE event and you may register online by clicking here. Once logged in, please access the events calendar. If you have questions about the Starbucks Mornings, contact Mary Lim at mlim@suburbanwestrealtors.com.

Trend Classes to be Offered at Association- On January 14, the Association will host Course 101- Stepping in the Right Direction from 10 a.m. to 11:30 a.m. AND Course 203- Marketing to the Generations: Targeted Seller CMA's from 1:30 p.m. to 2:30 p.m.

The Stepping in the Right Direction course will cover:

  • How REALTORS can facilitate their business
  • What an MLS is
  • How to access listed properties
  • How to view tax records on properties in TREND and how it is beneficial to the real estate business

The Marketing to the Generations class will cover:

  • What are generational identities
  • What makes your sellers unique
  • How can you best communicate across generations
  • How can the technology in TREND help prepare a CMA that all generations can appreciate

Note that both of these courses are free of charge and open to all REALTORS of the organization. To register, call 610-560-4800 or click here and once logged in, access the Events calendar.

Upcoming Events at the Association:

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