REALTOR® Hotsheet
 Volume 14, Number 25 ◊ December 18, 2009

Please note: Many links in this newsletter are accessible to registered users of http://www.ctrealtor.com/ only.
Click here to register or obtain your username and password.    

 

Substantial Savings - Energy Plus Exclusive Offer!

You now have a choice when it comes to who supplies your electricity. In order to help CAR members save on electricity costs, the Connecticut Association of REALTORS® has teamed up with Energy Plus™ to offer a unique electricity program that includes Cash Back every year and monthly savings on your bill on top of competitive rates Best of all, you can try Energy Plus risk-free! There are no sign-up fees, cancellation fees, or long-term commitments. Your local utility company will continue to read your meter, send your bill, and handle any emergencies. Call 866-964-5672 and mention Offer Code 3041 or click here to learn more.

 

Beware Craigslist Scam

Several months ago the Association warned members of a scam.  The scam has reappeared in a new variation. In this variation, listing information including photos is gathered from an agents or brokerage firm website and a fake Craigslist ad is created advertising the property for rent, typically at a bargain rental. The ad is accompanied by contact information which includes an email address and a phone number, which may be the agents or the owner’s phone number. Email inquiries receive replies with and elaborate story concerning the “owners” necessity of renting very quickly. Of course, the scammer then makes off with the deposit for the “rental”. Members should be careful of putting too much information concerning their listings out on the internet. Members should also remember Connecticut internet advertising rules that require the seller or landlord agree to internet advertising.  Members may wish to reconsider advertising on websites that do not provide security measures to wean out ads that are not identified. Finally, if an agent begins receiving inquiries concerning property for rent when the property is really listed for sale, the agent should immediately check Craigslist and other similar websites to insure that their listing is not being misrepresented by a scammer. Agents should also advise owners to refer all inquires concerning the property, whether for lease or rent, to their agent so as to avoid providing private information to scammers or lending credence to lies told to an innocent party. For further information contact Attorney Eugene Marconi at marconie@ctrealtor.com  or 800-355-4862.

New England REALTORS® Conference - Hotel/Rate Changes

The New England REALTORS® Conference (NERC) being held February 2-3, 2010 at Foxwoods has been moved to the Grand Pequot Hotel (was at the MGM Grand).  This change in venue lowers the overnight room rate from $150 to $89 and the registration fee from $125 to $100.  If you have already registered, please note that your hotel reservation will automatically switch to the Grand Pequot and you will be refunded $25 if your registration fee has already been processed.

If you have not already registered, don’t miss out on this unique opportunity to network with fellow REALTORS® from across New England!  The registration deadline is just three weeks away (January 8, 2010).  For more information or to register for this event, visit here.

CTMLS Office Has Moved

The CTMLS’ new office address is:

Connecticut Multiple Listing Service, Inc

860 N. Main Street Ext.

Wallingford, CT 06492

P: 203-697-1006

F: 203-697-1064 

2009 Leadership Conference

The Eighth Annual CT REALTORS® Leadership Conference and CE Day held December 1-2 were a huge success!  To check out information from Richard Flint (our keynote speaker), learn about the new “Get Active” program that was introduced at the Conference, see pictures from the event and get information on next year's event, click here.

The following award winners were announced at the conference:

Lucia Goicoechea-Hernández is the Harry W. Wenz Good Neighbor Award winner for 2009! Read more here.

Nichole Dagata is the 2009 State REALTOR® of the Year: click here for more info.

The 2009 Local REALTORS of the Year® were also recognized, check out the list here.

2010 CAR Executive Committee Installed at Leadership Conference

The incoming executives for the coming year were formally installed December 1st at Foxwoods during the 2009 Leadership Conference:

President: Nicholle Dagata

President Elect: Gene F. Fercodini

Treasurer: Cheryl L. Scott-Daniels

Immediate Past President: Linda St. Peter

Region 1 Vice President: Geri L. Guzinski

Region 2 Vice President: Edward J. Murphy Jr

Region 3 Vice President: Abigail Krist

Region 4 Vice President: Jeanne M. Fellows

Vice President at Large/Large Firms: Paul E. Breunich

Vice President at Large/Medium Firms: Mary Ann Hebert

Vice President at Large/Small Firms Regions 1 & 2: Vickie Kelley

Vice President at Large/Small Firms Regions 3 & 4: Carol L. Christiansen

Legislative Division Vice President: Robert H. Kimball

Communications Division Vice President: Sandra M. Schede

Legal/Ethics Division Vice President: Michael O. Feldman

Association Executives Liaison: Sue B. Pyzynski  

CAR's 2010 Education Schedule Is Now Available!

If advancing your career is on your list of “things to do” in 2010 then CAR has you covered!  We offer a wide variety of real estate education programs both in the classroom and online.  Continuing your education is an investment that not only ensures that you are up-to-date with all of your skills but is the best way to increase your earning potential.  To access our 2010 calendar and to register for courses click here. 

Get Active!

2010 CAR President Nicholle Dagata’s theme for the upcoming year is “You Make the Difference”. She firmly believes in the value of CAR’s programs/services, the absolute necessity for member involvement and truly welcomes every member’s input on Association activities. In conjunction with this, CAR is introducing the “Get Active” Member Rewards program. Visit http://www.ctrealtor.com/getactive for more information on how you can get active and get rewarded!

Right Tools, Right Now, Initiative Extended to 2010

NAR is proud to announce that the ‘Right Tools, Right Now’ initiative has been extended to 2010. NAR members can continue to take advantage of hundreds of NAR products and resources that can help their business now for FREE or AT-COST. Be sure to watch for new offers in the coming year.

Visit the ‘Right Tools, Right Now’ homepage to see all FREE and AT-COST products and resources that are part of NAR's 'Right Tools, Right Now' initiative, established by NAR to support its members. Listings are updated monthly, so check back often!

These special product prices are exclusively available to REALTORS®. To access these and the hundreds of other downloadable products for FREE, member login is required at the REALTOR.org website.

Members love 'Right Tools, Right Now'. click here to view a short three minute video showing how some have benefited. 

State Economic Strategic Plan Public Meetings

REALTORS® are encouraged to participate in any one of three remaining public meetings scheduled by Governor Rell to help chart the state’s future path to economic prosperity. (If you choose not to speak at these meetings, please listen to what others are saying from your community) The dates, times and locations for the meetings are listed here.

 

The Connecticut Association of REALTORS® provided very early commentary before this Economic Strategic Plan took its shape. The Department of Economic and Community Development has since posted the plan on their website at http://www.ct.gov/ecd.

 

Members should feel free to draw on CAR’s Statement of Policy.

 

Also, please see a statement on Connecticut’s Economic Strategic Plan, presented by 2008 CAR President Ken DelVecchio on January 22, 2008. If you do attend, please share your comments with Tim Calnen, CAR’s Vice President of Government Affairs.

New Member Benefits Available!

Have you visited the member benefits page lately?  Make sure you take the time to see what discounts are available to you as a CAR member. 

 

XL CENTER: GET INCREDIBLE SEATS.  AVOID WAITING IN LINE.  SAVE $ ON TICKETMASTER FEES.

Special Pricing is available to CAR members for a variety of events at the XL Center in Hartford. Click here for directions on how to take advantage of these opportunities. Event links will change often...so be sure to act quickly since a limited number of tickets are available at special rates. Click on the event below to order tickets and use Promo Code: HARTFORD

Hartford Wolf Pack vs. Manchester Monarchs  - January 22, 2010 at 7:00pm

PRICE: Tickets as low as $15 in center sections includes pizza slice or a hot dog and a small soda!

**TICKETS WILL BE EMAILED DIRECTLY TO YOU AND ALL FOOD VOUCHERS WILL BE AT WILL CALL THE DAY OF GAME ONLY UNDER THE NAME ON YOUR ACCOUNT.  This link expires on January 20th and all tickets are sold on a first come, first serve basis**

 

2010 VISA GYMNASTICS NATIONAL CHAMPIONSHIPS - August 11-14, 2010 – Includes all 7 Events at the XL Center
 
Mid-State Association Legislative Breakfast January 13

The breakfast will be held from 9 to 11 A.M. at Nuchies Restaurant in Forestville. The cost of the breakfast buffet $20. Come and meet your elected officials in an informal setting. Chat about the topics that are important to you and your business. Guests are always welcome!! Click here to RSVP.

In This Issue:

 Hotsheet Legal Tip

Disclosure Of Material Fact Required

Connecticut Real Estate Regulation (20-328-5a. Disclosure, misrepresentation and advertising.) says that a licensee cannot conceal a material fact in any transaction. This means a real estate licensee must disclose all material facts concerning a property to a potential purchaser. It also means that a seller cannot order you to conceal existing defects as that would have you violate your CT Regulations.

Real Estate News

Prices to Stay Stable, Says Survey 

Some 72 percent of REALTORS® think home prices will either stay the same (48 percent) or increase (24 percent) in the next six months, according to HomeGain’s fourth quarter Home Prices Survey of REALTORS®. HomeGain's third quarter survey reported that 69 percent of REALTORS® thought home prices would stay the same (46 percent) or increase (23 percent) versus 47 percent of REALTORS® who thought home prices would stay the same (36 percent) or increase (11 percent) in the first quarter survey.  Twenty one percent of REALTORS® surveyed said more than half of their transactions in the past three months involved a first time homebuyer. Only 11 percent of REALTORS® surveyed said that none of their transactions involved a first time homebuyer.
 
"The fourth quarter HomeGain Home Prices Survey of REALTORS® shows that REALTORS® believe that the first time home buyers tax credit has driven sales and stabilized home prices, for now. REALTORS®, however, expressed concerns about the cost of the credit to tax payers and whether sales will continue once the credit expires later next year and additional inventory hits the market," stated Louis Cammarosano, General Manager at HomeGain. "The vast majority of REALTORS® expect prices to remain the same or increase in the first six months of 2010.

Source: REAL Trends

For more interesting real estate news, please visit here.


111 Founders Plaza, Suite 1101
East Hartford, CT 06108
1-800-335-4862
Fax (860) 290-6615
www.ctrealtor.com


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