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In the Loop

Breaking News From NAR: New Phishing Attempt

posted: 12/10/2018

Many National Association of REALTORS® members received a solicitation last week, purportedly from the REALTOR® Party, asking for donations to fund medical expenses for a young girl. This solicitation is not from the REALTOR® Party or the National Association of REALTORS®. NAR never solicits donations for personal or individual charities. 

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Are you steering buyers without realizing it?

posted: 12/03/2018

You are if you are using any personal biases to suggest to a buyer where he/she might want to live or not live.

Agents use different approaches to engage in unlawful steering such as:

  • Recommending homes to clients for consideration
  • Editorializing about areas the client should or should not consider

 

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How are annual dues bills calculated?

posted: 11/26/2018

Annual dues bills for the 3 REALTOR® organizations are not the same as the previous year and are calculated as follows:

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Staged New Construction May Be Targeted by Thieves

posted: 11/19/2018

If you stage new construction, be aware that a few of our members have had their staging furniture and accessories stolen, and local law enforcement believes an organized theft ring may be responsible.  Furniture is easy to steal from new construction since a truck being loaded with furniture will likely not look suspicious. 

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So why does it matter if I make a little mistake when entering a listing?

posted: 11/19/2018

Accurate data entry matters… a lot!

First, it is your fiduciary duty to your seller clients to ensure their property is exposed to all who may be interested.  What might appear to you as a small error, can result in your listing not displaying in searches that other REALTORS® are running for their buyer clients.

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What Happened to My Offer?

posted: 11/05/2018

The NAR Board of Directors, at their annual meeting in Boston Monday, amended an MLS policy that will require listing brokers to provide cooperating brokers with written notification about the disposition of their offer. The change aligns MLS policy with the Code of Ethics.

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What Do I Get for My Dues Dollars?

posted: 11/05/2018

First, let’s break it down to see exactly what you are paying:

National Association of REALTORS® - $185
Mississippi Association of REALTORS® - $173.50
Central Mississippi REALTORS® - $169.50

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Infographic: Paying Your Dues

posted: 10/30/2018

We have created an infographic with quick and easy steps for paying your dues using the new member portal.

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Infographic: Introducing Your New Member Portal

posted: 10/29/2018

Instructions on how to find and login to your new member portal.

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What Does RPAC Investing Do for Me Locally?

posted: 10/23/2018

CMR's Governmental Affairs Committee works hard to identify legislative issues in our local market affecting your ability to do business.  This past year they discussed and made recommendations to the CMR Board of Directors that we get involved in two issues.

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Panama City Relief Effort

posted: 10/23/2018

REALTORS® Randy Knouse and Cynthia McCool Knouse are taking supplies to the Panama City area Thursday. The U-Haul will be parked at 100 Depot Drive in Madison.  Please help if you can! 

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Congratulations to the Following CMR Members on Their 2019 NAR Committee Appointments

posted: 10/23/2018

Jeffrey Dillon - Leading Edge Advisory Board, Larry Edwards - Federal Taxation Committee, Gary Parker - Multiple Listing Issues and Policies Committee, Lynette Praytor - State and Local Issues Mobilization Support Committee, Janice Shows - RPAC Major Investors Council, Schneika Stokes -  Housing Opportunity Committee, and Dorothy Thompson - Professional Standards Committee.

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CMR's Website Behind the Scenes Maintenance

posted: 10/15/2018

Please overlook the sawdust on the floor while we work toward integration with our new Membership Management software. We are working to get classes, events, offices, agents, and committees automatically updating again. We are aware of missing photos during the transition.

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Great Things on the Horizon

posted: 10/01/2018

CMR is converting to a new membership management software platform starting on Wednesday, October 3, 2018, at noon.  Because we will not be able to provide proper services to our members during conversion, we are closing the office at that time.

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Question: Can a Seller Require a Pre-Qualification Letter Before Allowing Their Property to Be Shown?

posted: 09/24/2018

Answer:  Yes.

A seller gets to decide who enters his/her property. Most agents tell sellers at listing appointments that only screened and qualified buyers will be shown the property.

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Is Real Estate Your Hobby or Your Career?

posted: 09/24/2018

If you have been in real estate long enough to consider it a career, give serious thought to getting your Broker’s license.  The license is not just a path to opening an office and hiring agents. 

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When Offending Someone Is OK

posted: 09/04/2018

A broker’s office policy saved him this week from potential harm.  An out-of-state "buyer," who was unknown to the agent, was offended when an agent would not pick him up.

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Happy Labor Day

posted: 09/02/2018

The CMR and MLS office will be closed Monday, September 3, 2018, in observance of Labor Day.  The office will resume regular business hours Tuesday, September 4, 2018, at 9 AM.

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2019 CMR Board of Directors Online Election Opens Friday

posted: 08/27/2018

Friday, August 31, 2018, CMR Members should watch their email for instructions on how to log in and cast their votes for the 2019 Board of Directors.

[View slate]

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Who Gets the Home Inspection Report?

posted: 08/27/2018

Buyer’s agent? Yes, if the buyer wants his agent to have it. Listing agent? No. The listing agent should only be given a list of repairs, if any, as a result of the buyer’s home inspection.

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Is a Text Message Contractual?

posted: 08/27/2018

The Statute of Frauds requires that all real estate agreements be in writing and signed by the parties to be enforceable. Text messages between agents are merely conversation.

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Ethics Citation Policy Revised

posted: 08/27/2018

Three Standards of Practice have been added to the Ethics Citation Policy as citable (fineable) violations. Respondents in an ethics complaint can choose to admit guilt and pay a fine thus waiving rights to a hearing. The expedited process is working!

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Important Notice Regarding CMR Election Process

posted: 08/20/2018

Two additional names have been added to the slate of officers and directors for the September 10 election by the petition process outlined in the bylaws.  REALTORS® Selena Lovejoy and Linda Mote have been added to the list as options for the two Directors positions.

[view the updated slate]

Code of Ethics Providers

posted: 08/13/2018

Several schools and instructors teach the required Code of Ethics class.  If you still need the class before 12/31 of this year and plan to take it by classroom, note the instructor’s credentials for teaching REATOR® Code of Ethics.