Thank You to Our Sponsors - Click to Connect
This Week's News
2017-2018 Membership Dues Renewal
October Annual Business Meeting
Affordable Housing Summit
2017 - 2018 FCAR Dues Orders are Now Posted
Membership Dues Renewal Orders for current members of the Frederick County Association of REALTORS® (FCAR) for the 2017-2018 Fiscal Year (November 1st to October 31st) are now posted. You may renew your membership online anytime or at the FCAR Office (M-F) during normal business hours (8:30am to 4:30pm). Click HERE to pay your dues online by logging in, then by clicking on the Membership Dues Order and following the payment procedure using most credit/debit cards.
IF you do not have a Dues Order, please contact FCAR, 301-663-0757
The Primary REALTOR® Membership Renewal amount is $680 this year which includes the National Association of REALTORS® (NAR) dues of $155, the Maryland Association of REALTORS® (MAR) dues of $206, the Frederick County Association of REALTORS® (FCAR) dues of $299 and the suggested $20 contribution to RPAC, the REALTORS® Political Action Committee. *Note: Primary Designated REALTORS® suggested RPAC donation is $99.
Dues are Due on November 1st---Don’t Delay, Why Not Pay Today?
What do I get for my Dues?
Besides discounted rates for joining Bright MLS (MRIS) & Sentrilock, and free access to Zipforms, FCAR provides ALL courses required for Maryland real estate license renewal (taught at FCAR---at no cost to FCAR) FREE to FCAR Members!
In-House CE Classes FREE to FCAR Members
Why should I support RPAC?
Over the years, RPAC funds have been used to: save REALTORS® thousands of dollars in taxes on real estate commissions (about $120 on $30,000 commission), save homebuyers over $4,000 in closing costs (based on median priced home in MD), and support REALTOR®-friendly candidates at the local, state and national level. Brokers are asked to contribute $99; agents $20 to RPAC when renewing their memberships.
Please Click “YES” when asked to Confirm suggested RPAC donation when you RENEW
When are my 2017-2018 DUES Due?
Your Membership Dues are due by November 1, 2017. If payment is not submitted by November 30, a Late Fee of $25 will be added to your Dues amount. If you still have not paid your 2017-2018 Dues by December 15, another $25 Late Fee will be added. A membership Reinstatement Fee of $100 will be added after December 31 for those members who have not paid their Dues and their membership privileges suspended until their 2017-2018 Dues & Penalties are paid.
Note: FCAR Does Not Retain Credit Card Numbers on File
* * *
FCAR Dues are reverting to the amount charged four years ago to meet budget requirements. For a detailed explanation, please read the following:
Annual General Membership Meeting
You won't want to miss the Annual Business Meeting in October. Our guest speakers will be the Frederick Mayoral Candidates. It's your chance to hear what they can do for Frederick, and to ask your questions.
We'll also hear from President Aaron Marsh, the Treasurer's report, Committee Wrap-up Reports, and the Election Results. (Stay Tuned for the Election Announcement and online voting link)
Thursday, October 5th, 11:30 am to 1 pm.
Dutch's Daughter Restaurant
The 2017 Affordable Housing Summit
Thursday, October 26, 2017
8:00 to 11:00 a.m.
(8:00 registration and networking, program at 8:30, continental breakfast provided)
The Arc at Market Street
555 South Market Street
Frederick, MD 21701
The Affordable Housing Summit is a convening of nonprofit, for-profit and governmental entities serving the continuum of housing needs in Frederick County. The goal is to work toward a unified movement that will promote and facilitate increased housing choices for our community. Real Estate Professionals and Developers are welcome to attend.
The goals for the 2017 Affordable Housing Summit are to identify:
- The need for affordable housing
- Current programs addressing affordable housing
- Barriers for providing affordable housing
- Incentives to create more affordable housing
- Synergies for collaboration
- Solutions and next steps
Space is limited and registration is required.
Click HERE to Register
Don't miss these networking events TODAY:
- FCAR Open House, from noon to 2 pm. Come and check out our new location: 478 Prospect Drive, Frederick Md 21701 (in the Weis Festival Shopping Center) Lunch is on Us!
- Don't forget to bring a contribution for the Houston Hurricane Harvey Relief Drive: Bottled water, non-perishable foods, baby products, toiletries, cleaning supplies and BUG SPRAY. Moyer & Sons Moving and Storage will be collecting your contributions and driving them down in a tractor-trailer.
- Pick up something from Ledo's Pizza next door and contribute to the Community Service Fundraiser. Just mention FCAR when you order.
- End the work day at Brewers Alley from 5:30 to 7:30 PM for the YPN Networking Happy Hour. Purchase your $10 raffle ticket while you're there. All proceeds go to Up & Out Foundation.
DOES IT MATTER IF A LENDER IS LICENSED WHEN IT COMES TO MORTGAGE LOANS?
Maryland explicitly prohibits a person from acting as a “mortgage lender” unless they are licensed or fall under one of the exemptions to licensing. In fact, a violation of the Maryland Mortgage Lender Law is a felony and upon conviction, violators are subject to a fine up to fifty thousand dollars ($50,000.00) or imprisonment up to ten (10) years, or both.
How does the State define a “mortgage lender”? Who may qualify as a defendant? Moreover, what are the exemptions to the licensing requirement? The answers are not as simple as one may think.
Read on to test your knowledge of the Maryland Mortgage Lender Law, and more importantly, ensure your compliance with it.
* * *
Thank you to Brianne Paugh for this informative article regarding Maryland Mortgage Law, a topic beneficial to all real estate professionals.
Brianne Paugh is an Attorney with Village Settlements, Inc. and The Law Offices of Parker, Simon, Hahn & DeLisi, LLC, in Frederick, Maryland.
2017 Fall Trade Show
Save the Date!
Tuesday October 17, 2017,
11:00 am to 2:00 pm
Great Frederick Fair, Bldg. 9
The Trade Show is coming up...Affiliates, if you would like to register, Contact Janet MCKinney – Education and Events Coordinator, at 301-663-0757, or email: email@example.com
Thank You To Our Sponsors!
Click to Connect