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At a Glance for January 16, 2017

“At A Glance” – For January 16, 2017
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Bright MLS Update:


In case you missed on Friday, Bright MLS has created its first public press release, and officially changed MLSEvolved.com to BrightMLS.com.  
 


Bright MLS Revealed


Real estate organizations from neighboring areas in the Mid-Atlantic region, including ours, have united as Bright MLS.

The creation of this new organization is a direct response to your demands that the MLS break down market barriers and provide real estate professionals with expanded property information that exceeds what consumers can get from publicly available websites.

With Bright, you will get access to more information, more products and more areas to explore and expand—that’s the power of us.

Visit Brightmls.com for a list of each of the visionary Associations that participate in Bright.
 



Upcoming Classes:







More classes will become available as this year’s schedule becomes finalized.  Click here to see the list as it gets updated.



This Week’s Blog Post:

According to statistics, Google now has a stranglehold on 90 percent of the Internet search market, not just in the United States, but globally. This is a mind-blowing number that really illustrates the power the California-based company has on the marketplace.  So, how can you effectively harness that power in your real estate business?

Well, there are definitely some ways that even small businesses can use the extraordinary power of Google to their advantage.

And “Google Tools” is a great way to start. Here are a few that may help:

CLICK HERE TO READ THE ENTIRE ARTICLE







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Sussex County Association of REALTORS® · 23407 Park Avenue · Georgetown, DE 19947 · USA

2017 Trends

4 Real Estate Trends Happening in 2017

With the real estate markets around the country now fully recovered from the recession of a few years ago, certain trends have begun developing that are driving the market anew. Some of these trends began in 2016 or earlier, but others are just now coming to the surface.

So let’s examine a few of the things that experts say to be on the lookout for in 2017:

  • First Time Homebuyers Multiplying. According to data, more than one-third of the people purchasing homes in 2015 were first-time buyers. But that number is expected to increase to more than half in 2017. This means that the competition for affordable starter homes may increase exponentially, as more than 60 percent of first-time homebuyers are expected to be millennials less than 35 years old. Something to keep your eye on for sure.
  • Barriers are Changing. Mortgage qualification issues, including credit scores and down payments, are expected to be the biggest barriers to homeownership in 2017. So expect to work a little harder with your clients when trying to get them qualified for loans. There are many options, of course, and you may need to examine several of them in 2017 to get over this hurdle.
  • What Buyers are Looking for. In a recent survey, prospective home buyers were asked what attributes they were looking for in new homes, with large yards, quality construction and safe neighborhoods coming out on top. Millennials are also looking for single-family homes with extra space for starting families. No condos for them!
  • Spring and Summer is Still King. Most prospective buyers have indicated that they plan to buy in the spring and summer months, when the weather is warmer and moving to a new home is more convenient. This trend is obviously nothing new in our area, but it’s still worth noting.

So there are a few trends that experts are expecting to either occur or continue in 2017. Trends change every year, of course, and each market is different (think coastal) but these are things worth watching for in the new calendar year.

 

How Does RPAC Benefit You?

How Does RPAC Benefit You?

During the election cycle in the United States, attention had been focused on the large amounts of cash politicians were raising for their respective campaigns and, more importantly, where that money is coming from.

Well, the answer is simple – A LOT.
For the most part – from people or organizations who favor the opinions and ideology of a specific candidate.

As REALTORS®, we have our favorite candidates – and that’s why we have the national REALTOR® Political Action Committee (RPAC) to protect our interests and support candidates who publicly support the American Dream of home ownership.

Many of you have generously supported RPAC over the years and understand the important of doing so. Some have contributed more than others, and that’s okay.

But the work of RPAC and of the REALTOR® Party is important in so many ways, and it can and does actively help us all in our businesses.

Here are a few ways how:

  1. By protecting your business against new regulations and fees. These can become burdensome and expensive if allowed to go unchecked, and it’s up to us to support candidates who will lessen the “red tape” for us and our businesses.
  2. By protecting the property rights of your clients. By contributing to RPAC, you’re helping elect leaders who will protect these rights and will fight to keep homeowners from being unnecessarily burdened by government.
  3. By educating leaders on REALTORS® A percentage of the funds raised through RPAC is used for spreading our message and illustrating how important the real estate business – YOUR business – is to the American economy.

There are just a few of the ways contributing to RPAC can help your business locally, and can help further the REALTOR® cause regionally and nationally.

Won’t you consider donating even a small amount today through SCAOR? You can easily do so by clicking HERE.

 

And to learn more about the RPAC program, visit the RPAC page on the National Association of REALTORSâ Website.

 

Here’s the link to the page – http://www.realtoractioncenter.com/for-associations/CPA/rpac.html?referrer=https://www.google.com.ph/

4 2017 Trends

With 2016 rapidly coming to a close, it’s time to begin planning for the blank slate and new challenges that always come when the calendar turns to January 1.

With the real estate markets around the country now fully recovered from the recession of a few years ago, certain trends have begun developing that are driving the market anew. Some of these trends began in 2016 or earlier, but others are just now coming to the surface.

So let’s examine a few of the things that experts say to be on the lookout for in 2017:

  • First Time Homebuyers Multiplying. According to data, more than one-third of the people purchasing homes in 2015 were first-time buyers, but that number is expected to increase to more than half in 2017. This means that the competition for affordable starter homes may increase exponentially, as more than 60 percent of first-time homebuyers are expected to be millennials less than 35 years old. Something to keep your eye on for sure.
  • Barriers are Changing. Mortgage qualification issues, including credit scores and down payments, are expected to be the biggest barriers to homeownership in 2017. So expect to work a little harder with your clients when trying to get them qualified for loans. There are many options, of course, and you may need to examine several of them in 2017 to get over this hurdle.
  • What Buyers are Looking for. In a recent survey, prospective home buyers were asked what attributes they were looking for in new homes, with large yards, quality construction and safe neighborhoods coming out on top. Millennials are also looking for single-family homes with extra space for starting families. No condos for them!
  • Spring and Summer is Still King. Most prospective buyers have indicated that they plan to buy in the spring and summer months, when the weather is warmer and moving to a new home is more convenient. This trend is obviously nothing new in our area, but it’s still worth noting.

So there are a few trends that experts are expecting to either occur or continue in 2017. Trends change every year, of course, and each market is different (think coastal) but these are things worth watching for in the next calendar year.

At a Glance for November 21

 


“At A Glance” – Bright MLS Information

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BRIGHT MLS INFORMATION


Good morning.

As SCAOR CEO, I am proud to announce that the SCAOR BOD voted on November 17 to join Bright MLS.  The vision of Bright MLS is to create the next era MLS that preserves compensation and cooperation, promotes the expansion of an orderly and efficient marketplace, and provides participating brokerage firms greater control of and access to their listing content.  Bright MLS is a regional MLS that will have 36 combined REALTOR Association shareholders in six states plus the District of Columbia.  The commencement date for the new MLS is January 1, 2017; however SCAOR will convert to Bright MLS in late 2017.  The BOD will decide the official conversion date at a future meeting.  The next BOD meeting is January 18, 2017 at 9 am.

The benefits to joining Bright MLS are as follows:

  • More expansive marketplace / no overlapping markets
  • Innovation with more effective technology
  • Consumer facing website
  • One MLS system, fee, set of rules and data feed
  • Receive products beyond MLS and Public Records
  • RESO compliance
  • 7-day technology support

From a financial standpoint, SCAOR will benefit with a 3-year Contract with the ability to terminate service in each year.  SCAOR will be compensated in each year to offset reduced MLS income.  Additionally, only founding associations receive the benefits of input into key decisions on rules and policies including listing statuses, data fields and more.  Non-founding associations will pay a higher standard fee in the future.  The agreed upon monthly MLS will be $35.  Broker reward payments are projected but not guaranteed.

To conclude, it is my goal to coordinate an orderly transition from the current MLS to Bright MLS at the end of 2017.  More information on the transition and financial considerations will be communicated to members through the weekly communications and the monthly SCAORcard.  At this point, it looks as if MLS dues will be prorated for six months on July 1, 2017.

Thank you in advance.

Merritt Burke IV
CEO
Merritt@scaor.com
 




MLS Information Extras:



The SCAOR Office will be closing on Wednesday (11/23) at 12PM in observance of Thanksgiving, and re-opening on Monday (11/28).

 

 

Upcoming Events:


December 9 – SCAOR 2017 Installation (Sign up Here!)
December 7 – Affiliates Present NYC Bus Trip (Sign up Here!)

 


 






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Sussex County Association of REALTORS® · 23407 Park Avenue · Georgetown, DE 19947 · USA

 

Three Reasons to Download RPR® Today!

Three Reasons to Download RPR Today!

Did you know that the RPR app is an awesome value of your SCAOR membership? Why, you ask? Because RPR’s app is like no other found in the real estate industry.

Here are three reasons why the app should become your go-to-tool:

  1. Built exclusively for REALTORS®, and offered as a member benefit, RPR’s app offers on-the-go access to a nationwide, parcel-centric database of both residential and commercial properties, including dynamic data and robust reporting for a multitude of data sets.
     
  2. Residential agents can use their locations to easily search and analyze on-and-off market properties, valuations, tax and mortgage info, distressed data, flood zones, mapping, demographics, schools, neighborhoods, and market trends. Plus, they can instantly send client-friendly reports … anytime, anywhere.
     
  3. New! Commercial practitioners can now use the app to access commercial property characteristics, ownership data, transaction history, legal descriptions, tax info, pre-foreclosure and foreclosure activity, street and satellite views, and more. Plus, RPR’s Commercial Property, Trade Area or Best Business reports can be instantly downloaded and/or emailed to a client.

By the way, we’ve created a cool infographic that highlights the features of the app’s commercial mode.  Check it out!

At a Glance for November 14

 


“At A Glance” –  Did you forget to Register?  There’s Still Time!

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Screen to Screen with Doug Devitre – November 18

 



SCAOR Dues

Remember that SCAOR yearly membership renewal is due by November 15th.  You can do that at any time by clicking here.  
 



Upcoming Classes:

MLS & Realist Training:
MLS & REALIST Training – November 22
MLS & REALIST Training – December 7


Module 2:

NAR Ethics – December 1
NAR Ethics – December 15

Module 1:

Agency & Fair Housing – November 22
 



Module 3:

Real Estate Documents – November 22

Upcoming Events:


November 18 – “Screen to Screen” with National Speaker, Doug Devitre (Sign up Here!)
December 7 – Affiliates Present NYC Bus Trip (Sign up Here!)

 


 







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Sussex County Association of REALTORS® · 23407 Park Avenue · Georgetown, DE 19947 · USA

 

At a Glance for November 7th

 


“At A Glance” – FREE Tech Seminar on November 18th!

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Screen to Screen with Doug Devitre – November 18


 

Special Announcement! – Bright MLS Meeting 

 

We’ll be holding an Bright MLS meeting here at SCAOR on November 9th at 1:30 PM for members and brokers to hear from the CEO of TREND MLS.  Feel free to catch up on all the info regarding Bright MLS here.





 

Interested in helping to shape the voice of real estate in Sussex County?  Sign up to join a team of people as interested in making a difference as you are!  (Professional Standards, Public Policy, Marketing, and more available for the 2017 year!)
 

Sign up here!
 



SCAOR Dues

Remember that SCAOR yearly membership renewal is due by November 15th.  You can do that at any time by clicking here.  
 



Upcoming Classes:

MLS & Realist Training:
MLS & REALIST Training – November 22
MLS & REALIST Training – December 7


Module 2:

NAR Ethics – December 1
NAR Ethics – December 15

Module 1:

Agency & Fair Housing – November 22
 



Module 3:

Real Estate Documents – November 22

Upcoming Events:


November 18 – “Screen to Screen” with National Speaker, Doug Devitre (Sign up Here!)
December 7 – Affiliates Present NYC Bus Trip (Sign up Here!)

 


 






This email was sent to <<Email Address>>

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Sussex County Association of REALTORS® · 23407 Park Avenue · Georgetown, DE 19947 · USA

 

Sussex County Association of Realtors

Phone: 302-855-2300 | Fax: 302-855-2319

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