MSBR Newsletter September 17, 2024
September is REALTOR Safety Month
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Are you Ready for the October 1st Changes?
- Maryland REALTORS General Lease Template Contract Changes effective Oct 1st:
- Superfund Site Addendum: Required sellers of a property located within one mile of a National Priorities List (NPL) to include an addendum to the contract. Buyers have 5 days to terminate the contract. To determine if the property is located with in 1 mile click here.
- Water Quality Test Addendum: Requires a contact of sale for a property with a private or domestic water supply well to allow the buyers to test the water quality of the well. This now requires both the buyer and the seller to be provided with the test results.
- Condominium Resale Disclosure Certificate: Requires Unit owner to provide a statement no later than 15 days to closing, on their knowledge of the presence of asbestos in the unit and whether abatement has been preformed.
- General Residential Dwelling Lease Template: Requires a landlord to provide a copy of the utility bill to the tenant if the tenant pays the landlord directly for the cost of the utilities.
- List of passed legislation affecting real estate Lots here to check out
- Maryland Real Estate Commission
- Need all 15- CE hours 30 days before your renewal date. If you renew during the month of Oct. and are fined you will be reimbursed. This is ONLY for agents who renew in October.
- A licensed real estate broker can now designate himself or herself as the manager of a branch office maintained by the licensed real estate broker.
- Complaints filed with the commission alleging an advertising violation may be made anonymously and not under oath, but must be accompanied by documentary or other evidence.
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Bill did not pass, but If it had, it would have
negatively affected REALTORS and affiliates.
Your RPAC dollars helped kill this bill.
Well worth the $25.00 contribution.
HB 1515 Sales and Use Tax - Rate Reduction and Services
DID NOT PASS Maryland REALTORS Opposed this bill.
While lowering the state sales tax from 6% to 5%, this bill would have expanded the application of the sales tax to all professional services, including home inspections, settlements and real estate commissions.
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2- Day Marathon. All 15-required hours on
October 1 and October 10th at the
Higher Education Center at Chesapeake College,
1000 College Circle, Wye Mills.
To Register: email Chris at chris@msbrmd.com
or call 410-822-8767
No cost for MSBR members to attend but you must register.
Reminder: CE classes are included in your annual dues.
Thank you to the MSBR Affiliate Sponsorships
- Mike Steinhice, M &T Bank sponsoring Lunch Oct 1st
- Denise Hering, Evans Title sponsoring Lunch Oct 10st
- Coffee & Donuts sponsored by Tidewater Cleaning
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Shore United Bank & MSBR are inviting you to a
Love Down Payment Grant fundraiser
Wednesday, October 9th from 5:30-7:30pm
Miles River Yacht Club in St. Michaels
The cost is $50.00 per person and 100% of the proceeds will go to the Grant program. Shore United Bank is picking up the tab for the venue, food, bar, live music, and silent auction items!
As of October 1st, MSBR will have given out 30 grants since May 2023! That’s $30,000 and with the increase in interest,
these funds will run out soon.
Starting May 2023 our Fundraising efforts have included:
• Casino Night May 2023 $16,105
• Contribution from dues Dec 2023 $5,900
• Golf Tournament May 2024 $10,000
• Other donations $5,000
This is open to everyone, not just the REALTOR community and
Shore United Bank is also promoting this event.
Please join us for a fun night, at a lovely venue for a great cause.
Bring your spouse, neighbors, and friends!
Register here:
If you cannot attend, but want to contribute, you can contribute through the Mid-Shore Community Foundation/Mid-Shore REALTORS Down Payment Grant.
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EARN YOUR GRI:
Maryland REALTORS Registration Open for GRI Accelerated Courses
Whether you’ve been in real estate for years or are just beginning, you can expand your knowledge with the Graduate, REALTOR® Institute (GRI) designation. It’s a complete educational experience that will add confidence in every transaction.
This Fall/Winter GRI 100 through GRI 400 is being offered at an accelerated pace. Get enough hours to prep your brokers exam by end of year or credit hours to add to your total annual CE obligation.
For more information and to sign up click here
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2025 Annual Dues
Just like your birth date,
REALTOR & Affiliate dues are due Dec. 1st of each year.
- Invoice e-mailed on November 1, 2024.
- Due December 1, 2024.
- Pay by Jan. 2, 2025 to avoid the late fee.
- E-mail notices go out every 10 days. Once paid you no longer receive the notices.
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2025 REALTOR DUES
$845-
$357- MSBR
$237- State
$201- NAR
$25- RPAC
$25- Grant
Due by Jan. 2, 2025 to avoid the $100 late fee
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2025 Affiliate Dues
$300.00
Due by Jan. 2, 2025
Affiliate members who have not paid by Feb. 3, 2025 will be removed from membership.
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I want to SAVE $357- my 2025 REALTOR Dues
or $300- for my Affiliate Dues!
All you need to do is buy RPAC Raffle ticket(s)
$25 per ticket/ 3-tickets for $50
Drawing is Oct. 22nd
Purchase a MSBR RPAC raffle ticket
AND have a chance to WIN your
2025 MSBR dues!
Open to agents and affiliates only
Call 410-822-8767 or stop by the MSBR office
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October 1, 2024 you will receive an electronic ballot to Vote for the 2024-2025 Leadership.
Please complete and return.
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Join us for the Awards & Installation of Officers
Oct 22, 2024 10:30am-12:30pm
Temple B'Nai Israel
Past Presidents & Board Directors no cost
All Others $10.00
Register Here
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Popular Island was a beautiful and fun day.
Everyone enjoyed seeing the restoration progress and learning the islands history.
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Meet MSBR's newest affiliate member
Willow Construction
410-822-6000
sales@willonconstruction.com
WillowConstruction.com
Willow Construction offers pre-construction services to clients and their design team; including budgeting, scheduling, and constructability reporting.
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MSBR Continuing Education September - October
MSBR does not have the records for all of your CE credits and courses. Please visit the Maryland Department of Labor's website to view your CE status and view which courses are required to renew your license.
HELP- When taking virtual CE classes please:
- Sign in 30 minutes before the class
- Have MSBR before your First & Last Name (MSBR Deb Leber)
- Know how to turn on the Audio & Camera
- Know how to log into Zoom
MSBR is happy to spend time with you on another day to help teach you, just not 30 minutes before the class starts.
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Can't make any of the FREE scheduled MSBR CE classes?
Use The CE Shop.
CE Shop Classes available 24/7
30% MSBR Discount Code: Elevate
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27th Down Payment Grant Distributed
Not only was it a beautiful weather day, but September 5, 2024 is the day of the 27th Mid-Shore Board of REALTORS Love Down Payment Grant distribution. This $1,000 toward settlement expenses went to Patrick Donohue and Tina Haddaway. Patrick and Tina purchased a home in Tilghman. Mary Haddaway, with Benson and Mangold was the buyers agent. The settlement was handled by Jane Coulbourne of Venture Title. Stacy Bridges Bishoff, with Shore United Bank was the lender.
Congratulations to the new homeowners.
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1-month into the new NAR changes - How's it going?
Here are links - Just in case you need to revisit!
- All resources are available on facts.realtor, the center for information on the settlement.
- Fact sheets on what the practice changes mean for homebuyers and home sellers. These resources—one for sellers and one for buyers—outline what buyers and sellers should expect and the value REALTORS® provide to consumers in these transactions.
- A broker’s guide to upcoming practice changes. These slides provide an overview of the settlement, information on corresponding practice changes and implementation, and guidance on how to help consumers understand what these changes mean for them and their homebuying or selling transactions.
- “Settlement Facts” videos which are available here.
- Bright MLS client disclosure form. Get the Form
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Mid-Shore remembers John Jelich, former
Talbot County Board of REALTORS President.
John Jelich passed away on August 23rd from a long struggle with cancer.
John started working at the Talbot County Free Library as a volunteer shelver, served as an Information Services Substitute and then went on to work as a Library Associate at the St. Michaels Branch. John brought with him a wealth of knowledge and experience from his former profession as a Real Estate Broker. As he wrote in his job application, "For 35 years, I have dealt with people in a multitude of capacities." John Jelich was appointed President of the Talbot Board of Realtors, and served on the Boards of United Way, Talbot County Historical Society and Parents Association of Country School. John also served on the Friends of the Talbot County Free Library Council where he is remembered for his creativity, advocacy, humor and love of the library.
A remembrance gathering will be held on Monday, September 23rd from
2-5 p.m. at the St. Michaels Library.
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Well Done - you've made it all the way to the end.
Thanks for stopping by!
Next Newsletter is October 1, 2024
Copyright © 2024 Mid-Shore Board of REALTORS, All rights reserved.
Our mailing address is: Mid-Shore Board of REALTORS 8615 Commerce Drive, Suite 2
Easton, MD 21601 410-822-8767
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