PBBR REALTOR® OF THE YEAR NOMINATIONS DUE BY JULY 26TH 5 PM TO BOARD OFFICE.
EMAIL sally@pbbr.com TO REQUEST A FORM TO SUBMIT A NOMINATION
Friday Flash
A WEEKLY COMMUNICATION OF PAUL BUNYAN BOARD OF REALTORS®
Editor: Sally Baker, Association Executive Officer
July 14th, 2006
Quotes to Ponder
Experience is simply the name we give our mistakes.
~Oscar Wilde~
The wisest mind has something yet to learn.
~George Santayana~
Membership Updates
Announcements:
Wells Fargo Home Mortgages has asked us to remind
you about their Open House and Ribbon Cutting
Ceremony on July 20th from 4:30 - 7:00 PM.
Dianna Nicholas, Home Mortgage Consultant
Amber Carroll, Home Mortgage Consultant
Wells Fargo Home Mortgage
856 N. Mitchell Street
Cadillac, MI 49601
Multiple Listing Service
PAUL BUNYAN MLS COMMITTEE
Ros Co MLS Database Representatives
Phil Freebold, Chair; Jo Ellen Serum, Dennis McDonald,
Ed Bowman, Paul Allen
A vacancy has occurred for a representative for the Ros
Co MLS Database to serve the remaining term through
2006 for both committee member and MLS Director on
the PB MLS Board of Directors. The Board of Directors
will be considering recommendations to appointment to
fill the vacancy at their meeting on Thursday July 13th.
Wexford/Missaukee MLS Database Representatives
Rick Lantz, Chair; Judy Greeley, Chris Redes, Amy
Devereaux, Keith Johnson
EXCERPTED FROM from MAR Email News 7/12/2006
can drop off their business cards for the opportunity to
win a $500 gift certificate at a local retailer. Can I do
this?
ANSWER: NO. Section 339.2511 of the Occupational
Code prohibits this. The law reads as follows: “A plan or
scheme involving a lottery, contest, game, prize, or
drawing shall not be used by a real estate broker or real
estate salesperson for the sale or promotion of a sale of
real estate.” It does not matter whether the prize is
offered to the potential buyers or to their agents – both
are prohibited
PB MLS Co-Chair, Rick Lantz, writes: Guess we need to
be careful with our REALTOR open houses and what we
offer.
TERMS AND CONDITIONS OF EXCLUSIVE
RIGHT TO SELL AGREEMENTS
Reminder: The listing date field MUST BE entered with
the date stated in the Exclusive Right to Sell agreement,
under Section 1, labeled Consideration and Terms of
Contract unless all parties initial and date next to the
change to the original term on the agreement.
EXCERPTS FROM THE CURRENT PAUL BUNYAN
MLS POLICIES AND PROCEDURES DATABASE
INPUT LISTING POLICY:
•
All new listings must be entered into the system
within 5 calendar days of listing date.
•
A signed listing agreement and data input sheet
or All Fields Detail printout from the database must be
submitted to the Board Office for each new listing
displayed on the database within 5 calendar days of the
listing date.
With the help of McClelland & Anderson, we are taking
the most commonly asked questions from our legal
hotline and putting them in enews. We will be featuring a
different question each month.
•
All listings must be entered onto the database
with the correct city, zip code, township and county in
conjunction with the physical address only. The listing
will be considered incomplete until the requested
correction is made.
QUESTION: The property that I have listed has garnered
very little interest. In order to create more interest I want
to set up a raffle at the next open house whereby agents
•
Any reference to Water Related key words must
be entered as accurate in every sense guided by
Riparian Rights.
•
Every Residential listing and Commercial listing
with a structure associated with it that is displayed on the
database must be accompanied by a primary photo
within five (5) calendar days of the listing date.
The Participant’s office will be contacted if a photo needs
to be replaced due to unacceptable display (example:
branding) or procedure for placement on the system and
deadline for completion of the request given in writing.
•
Use of existing photos associated with a listing
previously entered into the database by another
brokerage for any a new listing is strictly prohibited.
•
Branding of listings is strictly prohibited.
For sale signs in photos, logo images as an additional
photo, agent photo as an additional photo and any other
“branding” identification in text REMARKS field,
Addendum, Directions or elsewhere in listing display
may not entered into the database.
•
No listing will be allowed to remain on the
system 21 days beyond listing date if not accompanied
by a photo (for any structure on property for sale), a
listing agreement submitted to the board office for that
listing, and all required fields complete with information*
or branding information removed.
•
All Exempted Office Exclusive Listings must be
submitted to the Board Office as follows: Submission of
a signed listing agreement and Exclusive Agency Listing
Waiver Form (available through the board office) signed
by the listing broker and agent. The listing will not be
displayed on the database, but a copy of all paperwork
will kept on file in the Board Office. The same rules and
regulations and policies and procedures that apply to
reporting of other new listings including the same time
frame of five (5) calendar days from the listing
agreement date applies to the request and submission of
the form. Changes/Sold information must be submitted
under the same policies and procedures as regular
entered listings.
Education Update
ƒ
ƒ
ƒ
Con Ed – September 22nd Jack Miedema at
McGuire’s Resort 8:30 to 2:30 (check in at 8:00).
Lunch provided (registration is on the board
website – both front end in Education Tab under
RESOURCE Menu to the left and in Education
Tab in Members Only)
Greg McClelland – Hot Topics Seminar
November 9th - Pre-Manufactured Homes,
contract law, mortgage fraud and other hot
topics
New Member Orientation - October 6th,
McGuire’s Resort
ABR and Resort and Second Home Buyers
elective Instructor: Mary Ann Bush - 2 day ABR will
be October 23 and 24 at McGuire’s Resort and the
Resort and Second Home Buyer elective on
November 2 and 3 at a location to be announced.
Elective can be a stand alone class.
ƒ 1031 Exchange in Cadillac (date tbd)
AREA REALTORS® SUPPORT SENATOR MCMANUS AND
REALTOR® POLITICAL ACTION COMMITTEE EFFORTS
Members from Paul Bunyan Board and MLS enjoyed a
special RPAC event with Senator Michelle McManus on
June 16th for a fun day of shooting sporting clays at
Clare Rod and Gun Club at a fund raiser for Senator
McManus.
Featured in this photo taken at the event are from left to
right: Paul Allen, TDM North, Inc. in Prudenville; Gene
Goodman, CA Hanes Realty in St. Helen; Senator
Michelle McManus; Ken Carlson, CA Hanes Realty in
•
Listings of properties owned by a REALTOR®
must have a notation in the REMARKS section of the
listing noting that the seller is a licensed real estate
agent.
•
Exclusion requests must be indicated in the
REMARKS section with the following notation:
"Exclusions reported on the listing agreement - call
listing office for information."
•
The MLS recommends use of some nationally
recognized standard of measurement such as ANSI
(American National Standards Institute) 2004 or later for
any room measurements and sq footage totals.
Roscommon; their assigned Club guide; and Tom Allen,
father of Paul Allen. Thanks for sharing the photo, fellas!