RASL is 1377 Members Strong Jazz November 2011 An Epic Event A NEW Realtor® Benefit provided to you by RASL The New Florida Realtors® Industry and Data Analysis Department will be releasing their first housing numbers by the end of this month to RASL. * YOU will now have at your fingertips, on our website, the latest housing data. * Information will be broken down by zip codes throughout the state. * Data is always provided from the prior month. YOU will have historical data back to 2005 in this new format for comparison purposes. SAVE THE DATE, November 30th – THIS IS TRULY EXCITING! * RASL will host Dr. John Tuccillo, Ph.D, Florida Realtors® Chief Economist on November 30th. * This is an extraordinary opportunity, as we are one of the first associations Dr. Tuccillo will visit. * Come hear, first hand, current and underlying economic factors and how it relates to the Florida Real Estate Market. YOU WON'T WANT TO MISS IT! www.floridarealtors.org/research RSVP to Lynne at [email protected] or call 772-465-6080
Transcript
RASL is 1377 Members Strong Jazz November 2011
An Epic Event A NEW Realtor® Benefit provided to you by RASL
The New Florida Realtors® Industry and Data Analysis Department will be
releasing their first housing numbers by the end of this month to RASL.
* YOU will now have at your fingertips, on our website, the latest housing data. * Information will be broken down by zip codes throughout the state. * Data is always provided from the prior month.
YOU will have historical data back to 2005 in this new format for comparison purposes.
SAVE THE DATE, November 30th – THIS IS TRULY EXCITING!
* RASL will host Dr. John Tuccillo, Ph.D, Florida Realtors® Chief Economist on November 30th. * This is an extraordinary opportunity, as we are one of the first associations Dr. Tuccillo will visit. * Come hear, first hand, current and underlying economic factors and how it relates to the Florida Real Estate Market.
Your 2012 dues invoice has now been posted. It will not be mailed however;
you can view and print it from the website at any time.
To pay your dues simply logon to www.rasl.com.
You will need your license number and the last four digits of your social security number to sign in.
Credit card payments must be for the full amount
of your dues and can be made online anytime.
Payment deadline is: December 31, 2011. A $100 late fee will be assessed on dues paid
or postmarked after January 15, 2012.
Membership will be suspended if dues are not received by January 31, 2012. 2012 Dues Breakdown:
RASL Dues $295 FR Dues $126
NAR Dues $155
If you are on the Payment Plan, mail or drop off your payment (check made payable to RASL) as follows:
2nd payment due - November 15th: $192.00 3rd payment due - December 15th: $192.00
Mail checks to: RASL
6666 South US Highway 1, Suite 1 Port St Lucie, FL 34952
Office Hours: Monday to Friday—8:30am to 5:00pm
2012 Dues Reminder: ********************************************************************************************
September 2011 Housing Statistics: ********************************************************************************************
For more September 2011 Housing Statistics
Go To RASL’s Website At www.rasl.com
RASL’s 6th Annual Golf Tournament Friday, September 23, 2011
Gator Trace Golf and Country Club
“Thank You” to all the sponsors, participants, volunteers and various
companies for donations to make this this tournament a success!
Welcome New Members: **********************************************************************************************
New Brokers/Office: Richard A. Beneduce Beneduce Realty, Inc Dianne Chandler TradeWind Relaty David B Derrenbacker Water Point Realty Group New Realtors®: Steven Adams Keller Williams Realty Jean M Alexis Daniel J Taddeo PA Vincent Beneduce Beneduce Realty, Inc Richard E Bourges Prudential Florida Realty Karen M Brockway AlexusRealty.com Tom Camden St Lucie River Realty Inc Lisa Corvera Century 21 All Professional Luciana De Oliveira Real Estate Solutions Today Mary Delaney Metro Realty Corp Marie A Flaherty Keller Williams Realty Kenneth A Fraser By the Sea Real Estate, Inc Harold N Frasier Keller Williams Realty Pinal Gandhi-Savdas St Lucie West Realty, LLC Kellie Gordon Sailfish Realty Group, Inc Alex Luis Hernandez Keller Williams Realty Anne Ianniccheri Colean Realty Inc Kimberly Joy Keith The Keyes Company Thomas Lumbert Best Realty Vincent J Monforte III Daniel J Taddeo PA Carol A Morgan Keller Williams Realty Roberta Murray Lifestyle Realty Group Josefa M Perez-Sanchis The Keyes Company Gordon Michael Ruef Hoyt C Murphy Inc Daniel A Sabatino Boca Executive Realty, LLC David Skillman Real Estate of Florida Sherri Spears Keller Williams Realty Yves Toussaint Real Estate Solutions Today New Affiliate/Affiliate Company: Chris Kruse Sunshine Home Inspections Patricia Marks A1 Moving & Storage David Paoletti Paradise Homes Group Walter R Sassano Terminix International Office Transfers: Robert Vaillancourt from All Homes 4 Rent & Sales to Real Living All Florida Realty Alvin West from Coldwell Banker/Res Real Estate to The Keyes Company Howard Munson from Coldwell Banker/Res Real Estate to Keller Williams Realty Joseph Meyers from Integrity Realty to Prudential Florida Realty Patricia Von Erfft from Keller Williams Realty to Real Estate of Florida Judith Jaszcz from Illustrated Properties to Lang Realty David Cullen from Coldwell Banker/ Res. Real Est to Lang Realty Crystal Goodbread from Illustrated Properties to Realty Associates Florida Prop. Cheryl Nevius from Kanga Rent to Real Estate of Florida Martin Laven from The Dockominium Group to Hoyt C Murphy Dianne Smith from Century 21 All Professional to Real Living All Florida Realty Mary Nangle from Coldwell Banker/ Res. Real Est to Platinum Properties RE Norma Hylton from Coldwell Banker/ Res. Real Est to Real Living Unlimited Realty
DATE: December 2, 2011, Friday ORIENTATION: 8:30am TO 11:30am COE: 12:30pm to 3:30pm REGISTER ONLINE: www.rasl.com
Brokers Roundtable Guest Speaker: Chief Economist Dr. John Tuccillo RASL Education Center Wednesday, November 30, 2011 8:30am—Networking 9:00am—Program Begins
RSVP to Lynne at [email protected] by Monday, November 28 See flyer in the RASL Jazz
NAR Convention & Expo Anaheim, California November 11-14, 2011 http://www.realtor.org/convention.nsf?opendatabase&cid=my013
See flyer in the RASL Jazz.
November 3 7100, 7110, 7150, 7190 Sponsored By: Wells Fargo Home Mortgage Happy November Birthdays!
November 17 7130, 7140, 7370 Sponsored By: All City Plumbing Two, Inc.
November 24 NO MARKETING MADNESS HAPPY THANKSGIVING DAY!
Marketing Madness is a FREE Program brought to you by RASL to aid and benefit in your real estate career. Breakfast is provided by our awesome affiliates sponsors. Come join us every Thursday from 8:30am-10am to network with the affiliates as well as other Realtor® members. If you use this program as a means to grow your business, you will be amazed by your success!
All courses are located in the Tech Center unless otherwise
noted.
November 15—Relalist Tax 2:00pm to 3:30pm
November 18—Basic MLS
9:30am to 12:30pm
iCE: Roadmap to a Successful Closing (3 CE) Wednesday, November 2 ~ 1:00 to 4:00PM $10 members/$15 non-members HURRY ~ DEADLINE TO REGISTER November 1st Image that you decide to take a day trip to a place you have never been before. Do you simply drive and hope you find it, no GPS or map in tow? Of course not! Over time, some Realtors® may go into closings without a “road map” since they conduct them so often. Doing so, however, can provide problematic and may lead to becom-ing lost. This course will help real estate professionals understand the importance of knowing who is responsible for the various parts of the closing, how to overcome the problems that may be encountered, and getting to the closing table and ensuring that the Realtors® fees are received without obstacles or road blocks! No two closings are exactly the same, and this course will ensure that Realtors® stay on track. See Flyer within the Jazz for more information. Register at www.rasl.com LIVE 201: Real Estate Investment Analysis Made Easy! (4 CE) Instructor: Steven David Tuesday, November 8 ~ 9:00am to 1:00pm $25 members/$30 non-members HURRY ~ DEADLINE TO REGISTER November 1st Learn how to calculate cash flow, cash on cash retruns, depreciation schedules, and ultimately determine the suitability of a specific property. The analysis of investment real estate is simplified! Register at www.rasl.com
10/2012
The Young Professionals Network is happy to hear that attendance at Marketing Madness
has increased due to the "history presentations" coordinated by our network. But we need your help!
If you or someone you know has knowledge of the areas in which we tour, please reach out to YPN so that we can book you for an upcoming history lesson
during the Marketing Madness program on Thursdays. Contact Sarah Taylor at 772-485-3214
Kelly Janelle Blevins RASL expresses its deep condolence to the family of Kelly Janelle Blevins, 41, of West Palm Beach, Florida who passed away on October 25 after and extended illness. She was employed by Regional MLS for 23 years recently as Chief Systems Officer. In lieu of flowers, the family requests that donations may be made in Kelly’s memory to the American Diabetes Association, http://www.diabetes.org/donate/ or First Baptist Church of Wellington, 12700 Forest Hill Blvd, Wellington, FL 33414 For more information, go to Palms West Funeral Home at: http://www.palmswestfuneralhome.com/obituaries/Kelly-Blevins/#/PhotosVideos
I took the grandkids to the movie theater just last week to see one of those comic book mov-ies. Wow, movie technology has gotten a lot better over the years. I was impressed. The ticket price was a small fortune, higher than I would have ever imagined. When I was younger, it didn’t cost that much to go to the movies. Of course, I really don’t have a lot to base that opinion on, since I only went to the movies once in a blue moon. I decided we would probably not be going to the theater very often in the future, it was just too expensive. That 2-1/2 hour activity cost me over $50 dollars! I informed the grandkids that we would-n’t be going to the movies in the future unless we go Dutch, and that we will just wait until the movie comes out on DVD; then, we would have a movie night at my house.
Well, the ghosts and goblins are gone. We can all move forward to the day of thanks. Do me a favor as you sit around that table; let’s remember all those people we have had contact with over the years, especially our friends and family. And while you’re at it, remember all those individuals that made us what we are today and those that keep us safe and protect our freedom each and every day. Always remember, we are all truly blessed! Now, on with this month’s story.
Bonny Frost and her husband, Rex, bought a vacant lot off a business intersection years ago as an investment. They had been discussing selling the property over the past couple of years, mainly because they didn’t want to keep paying the annual taxes and upkeep of the land. On a neighbors recommendation Bonny contacted Randy Meisner, the broker owner of M & M Realty to sell their property. Randy recommended that before they consider selling the property, they should get a couple of independent appraisals on the property. Whether they use his firm to list the property or not, whoever lists it would need to know the value of the vacant lot to list it in the MLS sys-tem. He then stated that if they decided to list the property with his firm, he would pay for one of the appraisals himself. While Bonny was telling him about the property, he looked in up in the tax records and told her that the property was zoned for commercial development.
Bonny conveyed that they were considering selling their home and the lot sometime in the next couple of years. Bonny decided to list the vacant lot with Randy at M & M Realty and the appraisals were done. The appraisals indicated the price to be between $122,900 and $128,000, so Bonny decided to set the listing price at $125,900. Randy listed the lot in the MLS at that price. Shortly thereafter, Randy received an offer of $120,000 which he submitted to Bonny, who rejected it. After the passage of four months, during which no further offers were re-ceived, Bonny asked Randy if he would be willing to buy the lot himself. Randy, on his own behalf, made an offer of $119,500, which Bonny accepted. Randy then insisted that Bonny and Rex get their personal attorney to review the contract before he would agree to purchase the property, and he also stated at that time that, if they accepted his contract to purchase, he would waive his commission on the transaction. Their attorney reviewed the contract and approved the transaction, the vacant lot closed shortly thereafter. Months later, Bonny, on a return visit to the city, discovered that Randy had sold the lot for $126,000 only three weeks after he had purchased it for $119,500. Bonny Frost complained to the Association of REALTORS® charging that Randy had taken advantage of her; that she had sought Randy’s professional guidance and had depended on it; that she could not understand Randy’s in-ability to obtain an offer of more than $120,000 during a period of four months, in view of his obvious ability to obtain one at $126,000 only three weeks after he became the owner of the lot; that possibly Randy had the $126,000 offer at the time he bought the lot himself at $119,500. At the hearing, Randy introduced several letters from prospects that had been written while the property was listed with him, all expressing the opinion that the lot was overpriced. The buyer who purchased the lot for $126,000 appeared at the hearing as a witness and affirmed that he never met Randy or discussed the lot with him prior to the date of Randy’s purchase of the lot from Bonny Frost. Questioning by members of the Hearing Panel estab-lished that Randy had made it clear that his offer of $119,500 in response to his client’s proposal was entirely on his own account.
Well, it seems like Randy had all the answers during the hearing. I would think the seller would see that Randy took every precaution he could, he paid for one of the appraisals, he waived his commission and he insisted that Bonny and Rex Frost have their attorney review and approve the contract prior to purchasing the property. What more could he have done, what do you think?
********************************************************************************************Save The Date:
SAVE THE DATE
Saturday, January 7, 2012
Installation of 2012 Officers and Directors
More Information To Follow Soon!
$10 members $15 non-members
Register Online: www.rasl.com
Location:
RASL Education Center
Virtual Course
$10 members $15 non-members
Register Online: www.rasl.com
Location:
RASL Education Center
Virtual Course
SPONSORED BY:
RSVP TO Lynne Norvell at [email protected] Or Call RASL at 772-465-6080
RASL CONTACT INFORMATION FR Tech Hot line: 407-587-1450 6666 South US Highway 1, Suite 1 Port Saint Lucie, Florida 34952 FR Legal Hot line: 407- 438-1409 Phone: 772-465-6080 Fax: 772-464-5774 RMLS Tech Support: 888-363-4696 www.rasl.com DBPR Support: 850.487.1395 CEO: Staci Storms, Email: [email protected] Receptionist: Lynne Norvell, Email: [email protected] Finance Director: Barbara Kingry, Email: [email protected] Membership Director/Professional Standards: Jessica Young, Email: [email protected] Communications/Education Director: Mary Gibbins, Email: [email protected]
2011 RASL CALENDAR November 24-25: RASL Closed December 23: 1/2 Day; RASL Closes at Noon December 26: RASL Closed December 30: 1/2 Day; RASL Closes at Noon
Important Contact Information: ********************************************************************************************
