MSBR Newsletter December 19, 2024

Happy Holidays

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MSBR Officer will be closed the afternoon of December 24 - December 26th and will be closed on January 1, 2025

80 stockings, gift bags and food were delivered to Dorchester, Caroline, Talbot & Kent County Seniors. Below is a thank you note

MSBR received from one senior.

Appreciate all who contributed to make others feel special.

Navigating HOA rules: Considerations for real estate agents, buyers and sellers

An NAR guide for practitioners on the nuances of how homeowners associations can affect transactions.

NAR Links to make sure you end

2024 with the correct information

Setting the Record Straight: Amendments to Written Buyer Agreements

Consumer Guides

BRIGHT MLS UPDATES

New Bright Research Newsletter – BRIGHT launched a new LinkedIn newsletter that makes it easy to share the latest content from Bright Research. Subscribe here

Bright Research at //BrightMLS.com/Research, offering an easily accessible, centralized location for all the latest reports, commentary, and market insights from our team of class-leading experts. BRIGHT expanded the monthly market reports with county-level stats and home-type breakdowns to help you better serve your clients’ specific needs.

More products joined the toolkit, including AdBuilder™, ListTrac, TrustFunds, and SkySlope Offers.

System Updates happened on December 11 ~ Are you Aware?
Learn about the updates to Search and Listing Management, plus other recent updates in Bright. Read more

November 2024 Market Reports
Take a deep dive into the latest collection of market stats from a national, regional, metro, and county-wide perspective. Access all reports

BRIGHT's Holiday Support Hours – Bright’s Customer Support Center will be closed on the following dates:

- Tuesday, 12/24
- Wednesday, 12/25
- Tuesday, 12/31
- Wednesday, 1/1

RPR~It's Your NAR Member Benefit

Remember, RPR is a member benefit offered by the National Association of REALTORS®. You’ve already paid for it— so why not use it!

2024 Housing Study Highlights

The share of first-time buyers who are single women rose to 24% – that’s a 5% increase in one year. Conversely, single male home buyers dropped to 8% from 10% in 2023.
First-time home buyers’ median age is now 38, the oldest recorded in the report’s history.
More than one in four of all home purchases in 2024 were all-cash transactions (26%).
Seventeen percent of buyers purchased multi-generational homes, the highest rate recorded – up from 12% in 2021. A new term to learn: collaborative homeownership
Affordability a priority for 36% of buyers. Convenience to work has dropped to 34%, down from 52% in 2014, as working from home remains a huge influence.
Only 27% of buyers today have children under 18 at home.

For the full article click here.

Property Management Certification

This course is for members of Maryland REALTORS® only. MRPMC is a certification available to members, designed to educate practitioners on the common issues surrounding property management. Many licensees venture into the field of property management without the foundational knowledge required to be successful. Obtaining the MRPMC will enhance your understanding of the legal and practical issues you may face as a property manager while offering effective strategies for managing any risks.
When: January 23rd, 2025 from 9:00am-4:00pm

Where: This event is virtual only.

Cost: $25.00 Register Here

2025 Commercial Symposium

Join us on Thursday, March 20th, 2025 at the College Park Marriott Hotel and Conference Center, Hyattsville, MD! Discover the latest trends, unlock strategies for your business, and network with like-minded individuals! Maryland REALTORS® 2025 INNOVATE is our one-day event that breaks new ground in the commercial real estate world. Early bird registration ends February 1st, 2025.

Links to the seller videos

11 Steps to Selling Your Home:

https://www.youtube.com/watch?v=46C6vJBil4E

Links to the buyer videos

11 Steps to Buying Your Home:

https://www.youtube.com/watch?v=nSRhPKFAvW0

Welcome new Agents

These new agents attended the New Agent Orientation class this week.

Pictured left to right is:

Kelly Howard with Coldwell Banker Realty; Dondrell Wilson with Long & Foster Real Estate; Katherine Hernandez-Marroquin with Meredith Fine Properties and Alexandra Parker with TTR Sotheby's.

Don't Waste your Money on Late Fees.

Pay your REALTOR dues by 1-2-2025.

Pay before Jan. 2, 2025 & avoid the $100 late fee. Check or cash or Credit card must in the mailbox on Jan. 2nd.
E-mail notices go out every 10 days. Once paid you no longer receive the notices.
REALTOR dues are $845.00
Affiliate dues are $300.00

~~~~ As of December 18th ~~~~

32 of the 82 Affiliates have paid 39%

290 of the 531 REALTORS have paid 54.6%

Thank you to those who have renewed.

Leverage the That's Who we R Campaign

Use the ThatsWhoWeR.realtor consumer campaign ads and leverage turnkey advertising and social assets that are shareable on your social media platforms.

This campaign, that you see on TV and hear on the radio, demonstrates the value REALTORS® provide in helping their clients navigate the risks, pitfalls and complexities of buying and selling a home or property. It reinforces your expertise, commitment and consumer-first approach.

Welcome new Agents

These four new agents attended the New Agent Orientation class this week.

Pictured left to right is:

Kelly Howard with Coldwell Banker Realty; Dondrell Wilson with Long & Foster Real Estate; Katherine Hernandez-Marroquin with Meredith Fine Properties and Alexandra Parker with TTR Sotheby's.

It was a chilly morning but hearts were warm as a new Habitat for Humanity homeowner was presented a Welcome Basket from MSBR President Michelle Abplanalp.

What an amazing Holiday Present of Home Ownership!

The Realtor.com® economics video update gives you relevant economic and real estate information each week to navigate the housing market as a homebuyer, home seller, or industry professional.

The best thing you can do for your

clients is to educate yourself!

MSBR Continuing Education January - March 2025

Please visit the

Maryland Department of Labor's website to view your CE status and

view which courses are required to renew your license.

Couldn't make the CE Classes. MSBR has you covered, we partner with The CE Shop.

Education on your time & with a MSBR discount.

CE Shop Classes available 24/7

30% MSBR Discount Code: Elevate

WELCOME NEW AFFILIATE MEMBER D.R. Horton

Contact: Brooke Fillman 302-841-1189 brdolby@drhorton.com

Donald R. Horton founded the company in 1978 in Fort Worth, Texas.

From our first home in 1978 to over 1,000,000 homes in 2023, our mission remains the same — to deliver quality and affordability across the country.

We have been the largest homebuilder by volume in the United States since 2002. We currently have operations in 125 markets in 36 states. Our company continues to grow across America through acquisitions and expanding market share. Through all this, our founding vision hasn't changed. We believe in homeownership for everyone. D.R. Horton continues to have a strong relationship with the Realtor community. Our real estate commissions grew from $880 million in 2022 to more than $950 million nationally in 2023. With numbers like these, you can’t deny we make a great team!

Locally, we are proud to offer 20 communities in Delaware and along Maryland’s Eastern Shore. One of our newest communities on the Eastern Shore, Riverwalk Terrace, has homes starting in the low 200s.

Now, go get yourself a nice Hot Cocoa, Peppermint Mocha or Hot Apple Cider - whatever kind of 'treat myself' reward you want - we checked with Santa, he says you deserve it.

Next Newsletter is January 7, 2025

Our mailing address is:
Mid-Shore Board of REALTORS
8615 Commerce Drive, Suite 2

Easton, MD 21601
410-822-8767

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