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YOUR ASSOCIATION NEEDS YOU! Qualified REALTOR® members interested in serving on the Board of Directors as on Officer or Director in 2009 are urged to complete and return the Candidate Form.
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ONLY $ 59.00 REALTOR® Member
$ 69.00 (Non-Member)
Topics:
Ethics, Agency, Fair Housing, Trust Fund Handling, Risk Mgmt., Legal & Marketing Update. For registration flyer click HERE
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With residential real estate it’s about finding the property that meets your client’s needs. With Commercial real estate it’s about finding the property that meets your client’s needs. Same thing! The only thing that changes is the need. The need in Commercial is either investment return, Tax sheltering, or the owner user’s business criteria to help the business operate. That does not mean an agent versed in residential sales can easily go and represent a commercial client.
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2009 CVAR Board of Directors Election
Don’t forget to vote! The 2009 CVAR Board of Directors Election will be held on Thursday, June 19th from 8:00 a.m. to 4:00 p.m. at the association office. For your convenience, we will also be offering online voting which will allow you to cast your ballot right from your computer. Online voting will open on Monday, June 2nd at www.cvar.net.
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HUD Requiring Two Appraisals for Jumbo Loans
Mortgages that exceed the Jan. 1 conforming loan limit of $417,000 may require two appraisals, HUD says in a mortgage letter (2008-09). A second appraisal is required for these loans if the loan-to-value ratio (excluding mortgage insurance premium) equals or exceeds 95 percent and the property is in a declining market. A declining market is determined by the appraiser or the lender.
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Article 4
REALTORS® shall not acquire an interest in or buy or present offers from themselves, any member of their immediate families, their firms or any member thereof, or any entities in which they have any ownership interest, any real property without making their true position known to the owner or the owner’s agent or broker.
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Even the most seasoned practitioners can make some common mistakes during a listing presentation. Here's what to avoid so you make the best impression. Every listing presentation is a job interview. You are applying with the sellers for the opportunity to sell their home. And you need to convince them that you are the best real estate professional for the job.
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According to the National Association of Realtors, at least 80% of homebuyers start their property searches on the Internet. With so many customers flocking to the Web, so too are real estate companies and agents—many of which are outpacing their counterparts in other industries in the adoption of emerging marketing media. What can direct marketers learn from their experiences with blogs, video and other online technologies? Following are five key lessons:
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Come join your fellow REALTORS® for a night of food, fun & prizes! The CVAR Scholarship Committee presents Bingo Night! Admission is only $25.00 which includes dinner, beverage & 1 bingo card. All proceeds go to benefit the CVAR Scholarship Fund which provides scholarships to High School and College students who are pursuing a career in Real Estate. To make a donation or to purchase event tickets, please contact Amanda Duff at aduff@cvar.net.
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The NATIONAL ASSOCIATION OF REALTORS together with HUD, has created a certification course, “At Home With Diversity: One America”. After completing the course and meeting eligbility requirements, REALTORS will be given a certificate and will be allowed to display N.A.R.’s diversity marks and the HUD “One America” mark and logo in their marketing. The coursework provides valuable business planning tools to assist REALTORS in reaching out and marketing to today’s diverse housing market. For more information, click HERE.
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