a publication for and about our members january 2010...
TRANSCRIPT
A publication for and about our members January 2010
REALTORSREALTORS® ® Kick Off New Year With a Helping HandKick Off New Year With a Helping Hand
On January 21 and 23, dozens of RAMC REALTORS® and affiliate Mem-bers turned out for our annual Habitat for Humanity Build Days in Hobe Sound. A great time was had by all as members donated their time to hang drywall, install appliances and shelving, and get three different houses ready for families to call home. We followed up the great work done by a group of college students from Minnesota and Wisconsin in the preceding weeks, and thanks to all our efforts, the homes should be ready ahead of schedule! RAMC encourages all our members to get involved with our efforts to pro-mote their vision of responsible and sustainable home ownership in our com-munity. Members who want to learn more should contact Jeremey Bingham at the RAMC office.
In the wake of the devastating January 12 earthquake in Haiti, RAMC leadership sprang into action to help. Working in coordination with New Hope Fellowship and Missionary Flights International, REALTORS® and Affiliates gathered hygiene sup-plies for immediate distribution to the people in the affected region. MFI is flying as many as 5 flights a day into the Port-Au-Prince airport, laden with medical supplies and other relief. Tying in our effort with theirs allowed us to deliver our donated sup-plies on a Tuesday, and have them in the hands of those who needed them by that Friday. Collections at the RAMC offices have ceased, but the need in Haiti is still great. Those interested in helping the continuing long-term rebuilding effort are en-couraged to contact the Martin County Red Cross and the Clinton-Bush Haiti Fund. Support for the continuing flights by MFI, based in Ft Pierce, is also needed. Supplies are building up while financial resources to transport them to Haiti are dwindling. As much as the donations of materials and food helped in the immediate wake of the tragedy, at this point in the process cash is what’s needed most. With your help, pri-vate charities and the governments of the US, Haiti, and the international community can and will rebuild in Haiti.
January also marked the launch of RAMC’s involvement in the Cell Phones for Soldiers project. The program was started in April 2004 by 13-year-old Brittany Bergquist and her 12-year-old brother Robbie of Norwell, Massachusetts. Robbie and Brittany's goal is to help our sol-diers serving overseas call home. They hope to provide as many soldiers as possible with prepaid calling cards. Through generous donations and the recycling of used cell phones, Robbie and Brittany have already distributed thousands of calling cards to soldiers around the globe. You may make a donation to this worthy cause any time, just bring in your used cell phone and charger to the RAMC Office.
RAMC REALTORS® and Affiliates assist future homeowners to ready the roof trusses at one of the 3 homes at the Hobe Sound Build on Saturday, January 23.
(RIGHT) President Bonnie Peters with some of the supplies REAL‐TORS® collected for Haitian Relief. (LEFT) RAMC is now an official col‐lection point for Cell Phones for Soldiers. Call the office for details!
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REALTOR ASSOCIATION OF MARTIN COUNTY
Vision: Maximize Realtor Profitability
43 SW Monterey Rd. Stuart, FL 34994 772/283-1748 FAX 772/288-0215 E-mail: [email protected]
www.RAMConline.org
OFFICERS
President BONNIE PETERS, CRB
President-Elect LINDA PRANGE, CRS
Vice President MARTY CARMODY
Secretary-Treasurer TOM BAKER
DIRECTORS
CHRISTY BEARSE, CPA [email protected]
RICK BOSCHEN, SRES [email protected]
JANICE FRASIER, GRI [email protected]
BRENT GIFFORD, CRS, GRI [email protected]
VINCE LAVIANO, CRB [email protected]
ELSIE LONG, e-Pro, TRC [email protected]
SANDY McALISTER, TRC, AHWD [email protected]
PAT McGHEE [email protected]
STAFF
JIM WETZEL Executive Vice President
ELAINE ELWELL Member Services Coordinator
Membership, Realtor Store, Awards [email protected]
LANIE HAW Professional Services Coordinator
Education, Sponsorships [email protected]
NANCY RAINIER MLS Coordinator
MLS, Residential Marketing [email protected]
JEREMEY BINGHAM Technology Coordinator
Supra, Habitat for Humanity, RAMConline.org [email protected]
Membership News Membership News ‐‐ It’s all about you!It’s all about you!
Transfers
Julie Albert to RE/MAX of Stuart Jim Coble to Renar Realty Charlotte Flugger to Better Homes & Gardens - Laviano Virginia Genest to Keller Williams of the Treasure Coast Ken Grimshaw to Hutchinson Island Real Estate Janice Gross to RE/MAX of Stuart F Peter McGrath to Keller Williams of the Treasure Coast Donna Naglreiter to Better Homes & Gardens - Laviano Lynn Primavera to RE/MAX of Stuart Joanne Sinton to Keller Williams of the Treasure Coast Kelley Smith to Coldwell Banker Joseph Steiskal to Real Estate of Florida Susan Steiskal to Real Estate of Florida Jacqui Thurlow-Lippisch to Water Pointe Realty
NEW REALTORS®
Penny Buxton Keller Williams of the Treasure Coast John Cherveny RE/MAX of Stuart Sara Crombie New Wave Realty Austin DeGroat Keller Williams of the Treasure Coast Gwendolyn Deisler Premier Realty Group Olga Delbusto Keller Williams of the Treasure Coast John Digirolomo RE/MAX of Stuart Walter Dille Keller Williams of the Treasure Coast Vincent Franco Keyes Company Barbara Frost Keller Williams of the Treasure Coast Robert Hoza Karlin Daniel & Associates Helene Hurrle Nettles Coastal Realty Susan Monaghan Keller Williams of the Treasure Coast Angela Parent Fenton Lang & Bruner
New Affiliate
Prospect Mortgage 4175 SW Martin Downs Highway Palm City, FL 34990 (772) 781-2575 Fax (772) 689-4924 Linda Wellmaker
RAMC Mardi Gras Social!RAMC Mardi Gras Social! Please join us at Wine Styles on Fat Tuesday, February 16th at 5:30 PM for our quarterly Membership Social! We’re continu-ing our Mardis Gras theme from last year, and it should be a great time for all!
Wine Styles is located in the Shops at Martin Downs Town Center in Palm City.
Sponsored by: East Coast Mortgage, John Uhle and Associates, Medalist Builders’ Group, and Stewart Title
Leon Abood Greg Addeo
Jennifer Atkisson-Lovett Tom Baker
Priscilla Baldwin Donna Banister Christy Bearse Steve Bohner Rick Boschen Mary Bradley
Judy Burkhardt Robert Castellano
Marty CarmodyMarty Carmody Jeff Chamberlin Chris Clifford Jason Coley
Bill Dean Dave Derrenbacker
Stephen Dutcher Debra Duvall
Dennis Fadden Jan Frasier
Elmira Gainey Richard Geisinger Jr
Brent Gifford Rick Hartman Marlene Katz Jay Keegan
Angie Laviano Vince Laviano
Elsie LongElsie Long Steve Osburn Bonnie Peters David Powers Kevin Powers Linda Prange
Charles Ross Colleen Sample Julia Sansevere
Wally Smith Andy Spears
Patrick A. Stracuzzi Patrick S. Stracuzzi
Cathie Teal Devin Teal
Jacqui Thurlow-Lippisch Maryann Villalva
Jim Weix Deborah Wood
BOLDBOLD indicates a new donor this month!
RAMC 2010 RPAC $99 Club ParticipantsRAMC 2010 RPAC $99 Club Participants
Contact Elaine at RAMC for information about making YOUR RPAC Donation!
Home ‐ Condo ‐ Commercial Inspections Licensed Pest Control Operator “Termite” WDO Inspections Wind Mitigation Inspections
Call 772Call 772--285285--02340234
Email: [email protected] www.FloridaHomeInspector.com
Ask me about our FREE 3 hour CEU Course! “Women’s Council of REALTORS® Affiliate of the Year”
Legal Hotline Changes
In an effort to improve the legal hotline service the Florida Realtor Legal Hotline is switching over to a new phone system and a new process for accessing Florida Realtor attorneys. You now need your Flor-ida real estate license number or NRDS number accessible at the time of your call. Previously you needed this information upon reaching an attorney, however it is now required to get to an attor-ney. Florida Realtors hopes this will cut down the time the attorneys spend with non-members explain-ing they cannot answer a question. Upon calling the hotline you will have a limited amount of time to type the numbers into the phone system. If you don’t have or know your license/NRDS number, you will have to hang up and call back. Once you are in the system your call for an at-torney will be placed in queue. Calls regarding ethics, MLS or procuring cause will be redirected to staff who specialize in these areas and they will not need to wait in the queue. If you enter the information incorrectly you will be directed to the Florida Real-tors membership department for help with your li-cense number. As always, the Legal Hotline is:
407407‐‐438438‐‐14091409
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REDUCED PRICESREDUCED PRICES
On Supra iBoxes!On Supra iBoxes!
New Price New Price ‐‐ $$50 50 EachEach
3 or More 3 or More ‐‐ $$4040 EachEach
ACT NOW !ACT NOW !
Supplies are Limited!Supplies are Limited!
January Program Sponsors
Residential Marketing:
James Childre National Property Inspections
Lisa Lambert
Palm Beach Post
Drew Pittman Christenson Pittman Auctions
Debbie Allen
Courtyard Marriott
Basic MLS
Carlos Gonzalez Darr Shackow Insurance
New Member Orientation Jill Keegan
Womens’ Council of Realtors
Business Planning for the Market Rebound
Cindy Miller Universal Land Title
Boot Camp
James Childre National Property Inspections
Breakfast Club: RESPA Update
Alicia Diekman Ocena Plams Retirement
Living Community
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Congratulations to the Habitat for Humanity Hooligans, 2010 Pub Quiz Winners!
Our fourth annual Pub Quiz to benefit Habitat for Humanity was held at Charlies’ Bar and Grill in Stuart on February 2nd. More than 80 REALTORS and Affiliate Members turned out to support Home Ownership in Martin County and have some fun, too! An slightly shortened format and the best set of questions we’ve ever had ensured that a good time was had by all, and RAMC raised over $1200 for Habitat for Humanity of MartinCounty! Special Thanks to: Denise Jenkins of Merit Title for sponsoring, Drew Pittman for emcee-ing, Charlies Bar and Grill for hosting and the gift basket, Shindigs Irish Pub for donating the questions, Rick Boschen for beign the winning bidder in the auction, and the RAMC Habitat Committee and Habitat of Martin for putting it all together!
CRS 111 “Short Sales & Foreclosures: Protecting Your Clients’ Interests”
Date: February 26 Tuition: $169 member $149 CRS Member/Designee CEU: 8
Working with buyers and sellers of distressed properties can be frustrating and time consuming, but also rewarding. This course provides REAL-TORS® with practical approaches to the pre-foreclosure and foreclosure processes that will result in the successful disposition of these properties. The course explains the intricacies of the short sale and foreclosure proc-esses, as well as the roles of lenders, sellers, buyers, and cooperating agents involved. Dialogues and systems for working with financial institutions and other owners of REO properties are also provided. Upon the successful completion of this course, the student will be able to: 1. Give competent advice and counsel to homeowners who are in danger of losing their home through foreclosure. 2. Negotiate successfully with financial institutions and other owners of REO properties. 3. Sell and list REO and short sale properties. 4. Help clients maintain possession of their homes by creating “short sales” on qualified properties that will lead to the successful sale of those proper-ties.
Earn the SFR Certification
1. Complete the CRS 111: Short Sales and Foreclosures 2. Complete three free 1-hour Webinars available from NAR 3. Submit SFR Certification application ($175 application fee waived through 3/31/10)
Breakfast Club:
“Making Money With Mobile Devices!”
Date: February 12 Time: 9:00 – 10:00am Tuition: FREE, but reservations required
How can your mobile device help you sell real estate? Which device is the best for you? What apps are available for your device? Learn which apps are best for you and how you can get the most out of your device.
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Core Law Date: March 5 Time: 1:00pm ‐ 4:00pm CEU: 3 Tuition: $20 member if paid by 2/26 $25 thereafter $35 non‐member
Core Law is the mandatory course for the 14 hour salesperson and broker license renewal. This course DOES NOT satisfy the RAMC Legal Liability requirement. Requirement Questions? Go to http://www.RAMConline.org, click on Education, then Requirements.
Learn More to Earn MoreLearn More to Earn More E‐PRO
Date: February 5 Time: 10am ‐ 11:30AM
Learn valuable technology tips that can be put to use immediately, includ-ing: An in-depth look at Web 2.0 concepts and how they apply to your online real estate presence including social networking, blogging, RSS, widgets, and much more. How Social Media can allow you to access the next generation of home buyers and sellers. Best practices for e-mail communication on online marketing How to create and maintain your Internet Marketing and Practices Plan. Get in tune with the wants and needs of today’s Internet-empowered buyers and sellers. Start working smarter. Act now to become one of the first to explore the totally redesigned e-PRO® Certification course.
Code of Ethics Date: March 5 Time: 9:00am ‐ Noon CEU: 3 Tuition: $20 member if paid by 2/26 $25 thereafter $35 non‐member
Ethics is required within 6 months of joining the association and every 4 year cycle thereafter. This course, as well as several others, fulfills the RAMC Legal Liability requirement which is due every 2 years.
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2010 GRI Schedule2010 GRI Schedule (Can be taken in any order)
GRI 1 ‐ ”Standards of Practice”
Date: August 16‐18 & 23‐25 Tuition: $275 by 7/16, $325 thereafter, Challenge exam $120, $20 coupon for new members CEU: 45 Salesperson Post‐Licensing or 14 Broker or Salesperson Location: REALTOR® Association of St. Lucie Registration: Call 800‐669‐4327 Learn the “nuts and bolts” approach to transaction making, ethics in the marketplace, legal aspects of contracts, financ-ing alternatives, tax implications of real estate transactions, fair housing and brokerage relationships. • Get the latest information on government and other loan programs, how to financially qualify buyers, tax tips, closing techniques, the Florida Realtors®/BAR contract and business planning.
GRI 2 ‐ “Essential Real Estate Techniques”
Date: June 10‐11 & 16‐18 Tuition: $265 by 5/15, $295 thereafter, Non‐members $325 CEU: 11 Salesperson or 30 Broker Post‐Licensing Location: REALTOR® Association of Martin County Registration: Call 800‐669‐4327
• Enhance your skills with the “sales from the ground up” approach. Construction, appraising, investment, proven listing & prospecting techniques and personal marketing will set you apart in today's rapidly changing marketplace. • Learn construction terminology, the many facets of the construction process and features to look for that improve the energy efficiency and marketability of property. • Hear from the experts how to market your listings and your expertise in the marketplace - how to set yourself apart from the competition and to plan for your growth both professionally and personally. • Learn which way to appraise property method is most appropriate for a specific property, how it differs from a market analysis and what it means for buyers and sellers. • Learn the nuts and bolts of e-mail.
GRI 3 ‐ “Real Estate Specialties”
Date: October 4‐6 & 11‐13 Tuition: $265 by 9/15, $295 thereafter, Non‐members $325 CEU: 11 Salesperson or 30 Broker Post‐Licensing Location: Jupiter‐Tequesta‐Hobe Sound Association Registration: Call JTHS @ (561) 746‐2707 • Hear first hand how you can generate income from property management. • Concurrency. What does it mean and how does it affect the transfer of property? You'll learn what governmental agen-cies are involved, and where to go for answers in your area. • Brokerage Management provides a birds-eye view of what you can expect about opening your own office, including profits and potential problems. Condos. The Over 55 rule, compliance with Florida Statutes and what can happen if you don't. • Negotiating & Counseling - An area often overlooked by real estate practitioners where compensation is not necessarily tied to a closing. Use your expertise and experience in assisting clients in order to generate additional income. • Internet Essentials - Learn about computer equipment requirements, internet policy, domain name concepts, contact management software, translation software, navigating the internet and more.
CHECK IT OUT!
Don’t forget about the steady stream of new online tutorials and webinars for the MLXchange MLS platform over the last few months. Available through MLXHelp.com, these fully animated and narrated tutorials demonstrate step‐by‐step how to use MLXchange’s most popular and important features. Click the picture to the right to learn more!
COMING SOON
We will be adding a new option of CRA - (Community Redevelopment Area) to the Subdivision Information field. This will be a searchable option for those of you that are looking for these properties specific to your buyers needs. There is no ETA as of yet; however, this should be implemented within the first quarter of this year.
We will also be removing the options of Foreclosure and Bank Owned from the Special Information field. Both Foreclosure and Bank Owned will be REQUIRED stand alone Y/N fields. If your listings are indicated with this information in the Special Informa-tion field currently, that information will automatically map into the new fields. All other listings will need to be edited by the bro-ker or the agent to meet the requirement of Y/N.
Open House Tour ScheduleOpen House Tour Schedule
February 2February 2ndnd through March 23through March 23rdrd
Map Area Map Area Tour Date Submit ByTour Date Submit By E 5 2/2/10 1/29/10
F 6 2/9/10 2/5/10
H 7 2/16/10 2/12/10
I 7 2/23/10 2/19/10
G 8 3/2/10 2/26/10
R, S 14 3/9/10 3/5/10
Q, T 14, 16 3/16/10 3/12/10
O, P 12 3/23/10 3/19/10
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Amendment to MLS Policy change for Duplicate Listings
It was decided and instituted that the entry of Du-plicate Listings would no longer be allowed in the MLS in November, 2009. However, within the guidelines of the Community Redevelopment Counsel, there are properties that have been zoned both Commercial and Residential.
The MLS Committee passed a motion to allow duplicate entry ONLY of those listings that are zoned for both Commercial and Residential. There are no other exceptions to this policy.
ListHub Seminar at RAMC ‐ Don’t Miss it!
POSTPONED ‐ PLEASE CALL NANCY FOR DETAILS
You’re invited to an educational event for members of the Realtor Asso-ciation of Martin County to learn about Internet advertising and the power-ful tools available through our partnership with ListHub that will give you a competitive edge in 2010.
Join us for this informative session. A ListHub product expert will come to present important tips for capturing the interest of millions of online consumers. Research shows that the largest pool of qualified buyers is on the Internet. You will learn simple tips for capturing these leads and turning them into buyers and you’ll learn how easy it is to keep your sellers informed of the interest their property is generating online! ListHub can provide you with the tools and in-formation to stay one step ahead of your competitors.
Multiple Listing Service NewsMultiple Listing Service News
There are many new features on RAMConline.org, and some that have been totally re-vamped for 2010. This month, we’ll show you how to use the “rosters” feature on our website to find contact information for your fellow REALTORS® , Affiliates, and offices. First, log in at http://ramconline.org. In the Member Ser-vices menu, select “Rosters.”
You’ll have a choice of five different rosters: OFFICES - Gives you an alphabetical list of all our member offices that includes the main office phone number, address, and Broker’s name. REALTORS® - This will produce an alphabetical list of all current RAMC REALTOR members. Information includes their contact number, the office they work for, and their website address. REALTORS® BY OFFICE - This listing is similar to the Office roster, but omits some of the contact info and instead lists the names of all agents currently working with that office. A Star icon next to the name indicates the Broker of that office. AFFILIATE COMPANIES - Outputs an alphabetical listing of all current RAMC affiliate companies. AFFILIATE MEMBERS - Lists individual Affiliate members by name, similar to the REALTORS® roster.
All of these rosters can be useful in finding the number for that agent you’ve been working with on a potential sale, or that Inspection company whose name you just can’t remem-ber… Our rosters provide comprehensive listing of all our members, organized however you need them. But what if you just need information for ONE member? That’s where the “Search” feature comes in.
You can search for any RAMC REALTOR® or Affiliate member by first name, last name, or company. The results returned will be as general or specific as your search terms.
This listing also includes email addresses, and this is an important note, because this is the only place you’ll be able to view the email addresses of our membership. The rest of the Rosters don’t include that information by design, so if you need an address for an agent or company fast, this is how you get it! As always, if you have any questions about RAM-Conline.org, please call our office and ask for Jeremey Bingham, or email him at [email protected].
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43 SW Monterey Road, Stuart, FL 34994 Phone: (772) 283‐1748 Fax: (772) 288‐0215 e‐mail raofmc@martin‐realtors.org
Reserving ad Space in Reserving ad Space in Realtor Digest? Realtor Digest?
To be sure your ad fits within the newsletter format, please follow these guidelines:
All ads must be in PUB, JPG or PNG (PDF is accept‐able but may be downsampled)
Ads to be prepaid by the release date of the pre‐ceding publication.
Be sure copy is correct and clearly written. Don’t try to fill up every space with copy. Text
that is balanced with white space has greater readability and is more pleasing to the eye.
Rate questions? Call Member Services Coordina‐tor, Elaine Elwell (772) 283‐1748. Design or format questions? Call Jeremey Bingham at the same number.
REDUCED Affordable Rates! Act NOW!REDUCED Affordable Rates! Act NOW!
Monthly circulation of 1000+ Online to Realtors and Affiliate businesses Hurry! Ads accepted on a first come, first serve
basis. Exclusive advertising only available to RAMC
members.
Display Advertising Rates Display Advertising Rates (Per issue as of 01/2010)
Number of Issues 1 6 12
Full page (8 .5” x 11”) $575 $500 $250
Half page (7 .5” x 4.75”) $300 $225 $200
Quarter page (4.75” x 3.65”) $200 $125 $100
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HALF PAGE ADHALF PAGE AD The Blue Shaded area is the
size of a half page ad. (7.5” x 4.75”)
Your ad should fit inside this box.
The half page ad normally ap‐pears above the calendar on back of the newsletter. If there are multiple requests, priority placement will be given to the first to pay.
QUARTER PAGE ADQUARTER PAGE AD The Red Dashed area is the size
of a quarter page ad. (4.75 x 3.65”)
Your ad should fit inside this box.
We will make an effort to place your ad near a specific section or topic upon request, but final placement will be at RAMC’s sole discretion.
REALTORREALTOR® Safety and SecuritySafety and Security Tips for Home Security to Share with your Clients and Friends
THINGS YOUR BURGLAR WON'T TELL YOU
1. Of course I look familiar. I was here last week cleaning your carpets, painting your shutters, or delivering your new refrigerator.
2. Hey, thanks for letting me use the bathroom when I was working in your yard last week. While I was in there, I unlatched the back window to make my return a little easier.
3. Love those flowers. That tells me you have taste ... And taste means there are nice things inside. Those yard toys your kids leave out always make me wonder what type of gaming system they have.
4. Yes, I really do look for newspapers piled up on the driveway. And I might leave a pizza flyer in your front door to see how long it takes you to remove it.
5. If decorative glass is part of your front entrance, don't let your alarm company install the control pad where I can see if it's set. That makes it too easy…
6. A good security company alarms the window over the sink. And the windows on the second floor, which often access the master bedroom-and your jewelry. It's not a bad idea to put motion detectors up there too…
7. It's raining, you're fumbling with your umbrella, and you forget to lock your door-understandable . But understand this: I don't take a day off because of bad weather.
8. I always knock first. If you answer, I'll ask for directions somewhere or offer to clean your gutters.
9. Do you really think I won't look in your sock drawer? I always check dresser drawers, the bedside table, and the medicine cabinet.
10. Here's a helpful hint: I almost never go into kids' rooms.
11. You're right: I won't have enough time to break into that safe where you keep your valuables. But if it's not bolted down, I'll take it with me.
12. A loud TV or radio can be a better deterrent than the best alarm system. If you're reluctant to leave your TV on while you're out
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of town, you can buy a $35 device that works on a timer and simulates the flick-ering glow of a real television.
13. Sometimes, I carry a clipboard. Sometimes, I dress like a lawn guy and carry a rake. I do my best to never, ever look like a crook.
14. The two things I hate most: loud dogs and nosy neighbors.
15. I'll break a window to get in, even if it makes a little noise. If your neighbor hears one loud sound, he'll stop what he's doing and wait to hear it again. If he doesn't hear it again, he'll just go back to what he was doing. It's human nature.
16. I'm not complaining, but why would you pay all that money for a fancy alarm system and leave your house without setting it?
17. I love looking in your windows. I'm looking for signs that you're home, and for flat screen TVs or gaming systems I'd like. I'll drive or walk through your neighborhood at night, before you close the blinds, just to pick my targets.
18. Avoid announcing your vacation on your Facebook page. It's easier than you think to look up your address…
19. To you, leaving that window open just a crack during the day is a way to let in a little fresh air. To me, it's an invitation.
20. If you don't answer when I knock, I try the door. Occasionally, I hit the jack-pot and walk right in. Sources: Convicted burglars in North Carolina , Oregon , California , and Ken-tucky ; security consultant Chris McGoey, who runs crimedoctor. Com; and Richard T. Wright, a criminology professor at the University of Missouri-St. Louis , who interviewed 105 burglars for his book Burglars on the Job
Real Estate Trend Indicator December 2009Real Estate Trend Indicator December 2009
Price Range 0-2 3 4+ 09 Total Units
08 Total Units
2009 2008 Price Range 09 Total Units
08 Total Units
2009 2008
<$99,999 17 15 1 33 16 226 207 <$99,999 29 10 256 222$100 - $199,999 15 30 11 56 49 392 586 $100 - $199,999 14 7 215 295$200 - $299,999 5 25 6 36 20 294 436 $200 - $299,999 14 10 171 226$300 - $399,999 0 4 4 8 9 252 287 $300 - $399,999 7 9 93 152$400 - $499,999 0 6 1 7 5 148 209 $400 - $499,999 0 1 46 78$500 - $599,999 0 1 4 5 1 85 117 $500 - $599,999 2 0 18 34$600 - $699,999 0 0 1 1 2 71 78 $600 - $699,999 1 1 24 23$700 - $799,999 0 0 1 1 2 53 65 $700 - $799,999 2 0 19 20$800 - $899,999 0 0 1 1 1 52 47 $800 - $899,999 0 1 7 7$900 - $999,999 0 1 0 1 0 32 35 $900 - $999,999 1 0 9 7$1 - $1,499,999 0 1 0 1 3 69 88 $1 - $1,499,999 2 0 14 20
$1.5 - $1,749,999 0 0 0 0 0 23 22 $1.5 - $1,749,999 0 0 6 2$1.75 - $1,999,999 0 0 0 0 1 19 22 $1.75 - $1,999,999 0 0 2 8
$2 - $2,499,999 0 0 0 0 0 18 21 $2 - $2,499,999 0 0 1 1$2.5 - $2,999,999 0 0 0 0 0 16 14 $2.5 - $2,999,999 0 0 1 0$3 - $3,499,999 0 0 0 0 0 8 9 $3 - $3,499,999 0 0 0 0
$3.5 - $3,999,999 0 0 0 0 0 7 6 $3.5 - $3,999,999 0 0 0 0$4 - $4,999,999 0 0 0 0 0 4 4 $4 - $4,999,999 0 0 0 0
>$5,000,000 0 0 0 0 0 16 12 >$5,000,000 0 0 0 0
Total Units 37 83 30 150 109 1,785 2,265 Total Units 72 39 882 1,095
Avg Price 119,458 215,389 307,183 210,085 259,165 535,166 486,138 Avg Price 220,426 227,416 271,147 288,067
Med Price 75,000 176,000 254,500 165,500 177,000 299,000 281,921 Med Price 160,000 205,000 195,000 224,900
Total Val 4,419,960 17,877,311 9,215,500 31,512,771 28,249,026 956,341,657 1,103,047,646 Total Val 15,870,671 8,869,229 239,151,271 315,433,350
Residential CondominiumSold by # of Bedrooms Inventories Sold Inventories
Type 2009 2008 2009 2008 Type 2009 2008Assum 0 0 11.90 20.78 Assum 0 0Cash 62 49 Cash 49 19Conv 60 39 Conv 21 18FHA 21 17 FHA 0 0VA 1 1 VA 1 0
Seller 2 0 2009 2008 Seller 0 0Other 4 3 12.25 28.08 Other 1 2
DOM 2009 2008 DOM 2009 2008
1-30 56 26 1-30 15 931-60 21 15 31-60 4 461-90 13 9 61-90 7 291-120 13 9 91-120 5 4121+ 45 50 121+ 41 19
Solds by Financing Type Absorption Rate Solds by Financing TypeResidential Residential Condo
Residential Condo
Absorption RateCondo
Solds by Number of DOM Solds by Number of DOM
Absorption rate: indication of average length of DOM
To calculate the absorption rate, divide the number of lis tings in your market by the number of sales during that month. For
example, if your market had 300 home listings last month and 100 sales, the absorpt ion rate
is three months.
Based on MLS information from the Realtor Association of Martin County, Inc.
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February 2010 Association CalendarFebruary 2010 Association Calendar
Questions? Call 283Questions? Call 283‐‐1748 Fax 2881748 Fax 288‐‐0215 e0215 e‐‐mail:mail: raofmc@martinraofmc@martin‐‐realtors.orgrealtors.org
MONDAYMONDAY TUESDAYTUESDAY WEDNESDAYWEDNESDAY THURSDAYTHURSDAY FRIDAYFRIDAY 1 2
Residential Marketing Area 3, Map E Pub Quiz 6‐8 PM
3 3:00 Marketing Committee
4 8:30 Board of Directors Meeting
5 10:00 e‐PRO Training
8 Rob Gangi Benefit at the Grace Place Church
9 Residential Marketing Area 6, Map F
10 11:00 Supra Key Training
11 10:00 ListHub Presentation for Agents 2:00 ListHub Presentation for Brokers
12 9:00 Breakfast Club ‐ “Making Money with Mobile Devices”
15 1:00 Public Records (iMAPP)
16 Residential Marketing Area 7, Map H 5:30 Mardis Gras Social
17 11:00 Supra Key Training
18 10:00 Image and PR Com‐mittee Meeting
19 9:00 New Member Orien‐tation
22 9:00 Basic MLS (3 CEU) 1:30 Advanced MLS (3 CEU)
23 Residential Marketing Area 7, Map I 3:00 Government Affairs
24 11:00 Supra Key Training
25
26 8:00 CRS 111 Short Sales & Foreclosures
MAR 1
2 Residential Marketing Area 8, Map G
3 11:00 Supra Key Training
4 8:30 Board of Directors Meeting
5 9:00 Code of Ethics 1:00 Core Law
Local Agents Support the "Billion Dollar Real Estate Seminar"Local Agents Support the "Billion Dollar Real Estate Seminar"
Rob Gangi of Palm City was transferred from a North Carolina hospital to a rehabilitation facility Wednesday after suffering a head injury Dec. 26 that left him in a coma. Colleagues nationwide are stepping up to raise money to help him with what may be a lengthy recovery. Gangi’s coma is the result of a skateboarding accident that happened while visiting family in North Carolina over the holidays. Even though he was partially out of the coma, he isn’t out of the woods yet. He still is being treated out of state, which means his insurance will not cover all his expenses. So friends are organizing fundrais-ing events to help cover costs.
Patrick Stracuzzi and Keri Burgess of RE/MAX of Stuart are organizing an inspirational seminar Feb. 8 at The Grace Place Community Church, 1550 S.E. Salerno Road in Stuart where they hope to raise $50,000. The benefit will feature at least five inspirational speakers from around North America who are donating their time and travel in order to help Gangi. Event speakers are some of the biggest big names in the real estate business. National Hall of Fame speaker and trainer Floyd Wickman. Bill
Renaud Top Producer for Ottawa, Ontario, Canada will be also presenting. Allan Domb, who is the No. 1 real estate broker in the nation for two decades. Top producing Maryland agent, Pat Hiban. Top producing ERA agent Alexis Bolin from Pensacola and Pat-rick Stracuzzi, the No. 1 RE/MAX agent in 2008 in Florida. Moderating the Event will be Mega-Realtor Mike Maher from Kansas City.
Drew Pittman with Christenson Pittman Auctions has sponsored the live auction for the benefit. “It should be a lot of fun and it’s for a great cause,” said Pittman. Gangi’s brother Rick said “The outpouring of love and support has been overwhelming.”
While it is not known how much the family will need to cover expenses, Rick Gangi said whatever is donated will find a good cause as the family will donate any left over to causes such as creating awareness about the importance of wearing helmets.
Tickets for this event are $50 each and the proceeds will be donated to the Rob Gangi Family Fund. Tickets can be purchased by Cash or Check and are available at RE/MAX of Stuart, Prudential in Stuart, or RE/MAX Masterpiece Realty or go to stracuzzi.com to pay by credit card or get more information. Event Sponsors are also needed, if you would like to be a sponsor for this phenomenal benefit please contact Keri Burgess at 772-288-1304 or [email protected].