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In this issue:
•
MLS
News & Notes
•
MLS Statistics -
RESI
& LAND
Reported
to NCAR
3Q 2010 NAR Stats for BCAR
TRENDS 2010 Resi Recap
TRENDS 2010 Land Recap
(REMEMBER YOU CAN ACCESS TRENDS TO
PULL YOUR OWN CUSTOM REPORTS THROUGH THE MLS - LOOK FOR TRENDS
ON THE TOP MENU BAR)
•
MLS Tech Tip
•
New
Subdivisions & MLS Area Exceptions
•
New Members/Transfers
•
New Offices
•
New Affiliates
•
AFFILIATE NEWS!
NEW FOR 2011
•
BCAR
Affiliate Directory
PRINTABLE!!!CHECK
OUT LAST PAGE - NEW COUPONS & DISCOUNTS!
•
Education News
Education Overview -
what did you miss?
Education A Year in Review!
Education Calendar
•
BCAR Calendar
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LEGISLATIVE UPDATE
NAR PREPARED SHOULD DEFICIT COMMISSION
LEAK REPORT
The US Department of Veterans Affairs (VA) announced the 2011 loan limits
for the Loan Guaranty Home Loan Program. The new limits begin January 1,
2011, and run through September 30, 2011. VA has no maximum loan amount;
however, loan limits are established to determine the maximum guaranty for a
particular county. A veteran with full entitlement available may borrow up
to the 2011 VA limit and VA will guarantee 25 percent of the loan amount. If
a veteran has previously used entitlement that has not been restored, the
maximum guaranty amount available must be reduced accordingly. For many
counties the loan limit is $417,000. VA has published a list of county
limits for high cost counties -
2011 VA Loan Limits for High Cost Counties
FREDDIE MAC TRIMS
COMMISSIONS FOR SOME REOs
On December 14, 2010, Freddie
Mac advised its HomeSteps Listing Brokers about some reductions in the
commissions it will pay for properties owned by Freddie Mac (referred to as
REOs) and listed with a real estate broker on or after January 1, 2011.
Freddie Mac advised that it was making reductions to reduce expenses, after
considering various data in the affected states. For 13 states, the
commission is being reduced from 7% to 6% (split 50-50 between the listing
broker and selling agent), bringing them in line with the other states. The
13 affected states are GA, IN, IA, KY, MI, NE, NH, NY, NC, OH, OK, VT, WV.
In a separate communication with HomeSteps Listing Brokers in 41 states and
territories, Freddie advised it was reducing the commission for large volume
brokers with HomeSteps Connect (HSC) approved capacity of 100 or more
properties from 6% to 5.5% (split 3% to the selling agent and 2.5% to the
listing brokers). The reduction to 5.5% for larger capacity brokers applies
to 37 states, the District of Columbia, Puerto Rico, Guam, and the Virgin
Islands, but does not apply in the following 13 states: GA, IN, IA, KY, MI,
NE, NH, NY, NC, OH, OK, VT, and WV.
CLICK HERE
to read more Legislative Update! |
|
 President's
Message
Pete Frandano
SEIZE THE DAY -
TODAY'S CHALLENGES, TOMORROW'S OPPORTUNITIES
This is the theme that our 2011 NAR President
Ron Phipps has chosen for us this year and I cannot think of a more
appropriate one.
As we
enter into 2011, I realize we have challenges ahead but there appear to be
pockets of life springing up all across our county. The fundamentals in our
region remain strong: the "want to" has not stopped in terms of people
wanting to come to our wonderful state and to Brunswick County.
Inventories remain too high in just about all categories, but the selection
and value is incredible and mortgage rates remain incredibly low. Our
location and quality of life are second to none. Because of these strong
fundamentals, I am very optimistic for our region.
As we all
know, a key part in helping restore fundamentals and to helping our real
estate markets achieve a self-sustainable rate of growth, one where the
government is not called on as much to prop it up, is the presence of a
strong and robust credit market. The National Association of REALTORS® is
doing its part to ensure we have a voice on getting the credit market moving
again so that people who deserve loans should get loans. Credit truly is the
river of life in our business, whether for residential or
CLICK HERE
to read more! |
 Where
Elegance Meets Versatility
Did you know
that…???
101 Stone Chimney Place is the second largest
banquet facility in Brunswick County?
101 Stone Chimney Place has 300 parking spaces.
The image of 101 Stone Chimney Place is "Where
Elegance Meets Versatility".
Everyone who steps into the banquet center -
their first word is "elegant". They are very excited about the appearance of
the facility.
The word "versatility" means just that! The
ballroom event layout possibilities are endless. For each and every event
the room is setup to meet individual clients’ needs. The banquet center can
be used for a casual social to an elegant black tie event. No function is
too big or too small.
The facility is centrally located within
Brunswick County and Wilmington/Myrtle Beach. The building is well
maintained and can accommodate up to parties of 400 guests. 101 Stone
Chimney Place has in-house technology, a full service catering kitchen and
flexible floor plan. When prospects come to tour the facility the restrooms
are always included in the tour. The restrooms show the prospect that every
detail was addressed to give the feeling of a very upscale facility.
To have repeat business, it is very important
that we maintain a high level of customer service. Staff will help provide
the client with resources to address all event needs to bring their dream to
life. After each event, staff contacts the client for feedback to ensure
that all of their needs were met and to take that information and build upon
the services at are provided to returning and future clients.
In January the Shallotte Rotary Club will
host its Las Vegas Night here at 101 Stone Chimney place for the third year.
For more information CLICK HERE!
If you want to learn more about 101 Stone Chimney Place
contact Sabrena Reinhardt via
Sabrena@bcarnc.com or 910.754.7050.
Happy New Year!
|
|
Professional
Development
Line of Credit
Lending a hand to set you apart from the
competition....
Set yourself apart from the
competition with a line of credit from REALTORS® Federal Credit
Union and earn the real estate education courses and credits you
need for your business success.
REALTORS® FCU works in partnership
with REALTOR® University and other REALTOR® Institutes,
Societies and Councils to assure that you can get the financing
you need to further your career.
GO TO
RFCU NOW! |
The ‘Right Tools, Right
Now’ initiative concluded at the end of 2010, as part of your membership,
NAR will continue to offer you value in your membership with benefits such
as:
Working for your
interests on Capitol Hill
Business enhancing
partner programs and services, education, and courses
Industry leading research and products in our
online store
REALTOR® Magazine
And much, much, more!
The 'Right Tools, Right Now' initiative is just
one example of NAR's commitment to help member succeed in any market.
The response to this historic initiative over the past two years has been
tremendous, with hundreds of thousands of members taking advantage of this
valuable program.
Thank you for being a member of the NATIONAL
ASSOCIATION OF REALTORS® and continue to visit REALTOR.org and the
REALTOR.org/Store for special member discounts and offers, new products and
business-boosting tools, research and information. |
|
 And
the winner of FREE MLS in 2011 is.......
FELIX ZARZECKI, Martha Lee
Realty in Holden Beach
The winner of FREE MLS in 2011 was drawn Thursday, January 6 at the first
MLS Committee meeting of 2011. Jayne Anderson, MLS Committee Chair,
and Pete Frandano, 2011 BCAR President drew the name from over 600 members
who paid their annuals dues by January 1.
CONGRATULATIONS FELIX!!!! Remember, you
can still get free MLS - refer a friend and have them become a BCAR Member,
and you will receive one quarter of free MLS - hurry this offer will
expire in March! |
Serving
Brunswick, Bladen & Columbus Counties
