April 16, 2014
Featured Story
Alert: Important Supra Billing Information
The Supra ActiveKey is a product that members voluntarily lease directly from Supra, and for ActiveKey holders, invoices for the yearly lease are sent out annually in April.
Please note if you are an ActiveKey holder your invoice of $174.13 (not including insurance) will be sent out shortly and will be due by May 21, 2014, covering the lease period from May 21, 2014 - May 21, 2015. 
When you receive your invoice, there will be two options for you to consider:
  • Option 1: To renew your ActiveKey lease through May 21, 2015 please contact Supra directly at 877-699-5787
  • Option 2: If it is your intent to discontinue the use of the ActiveKey, Supra requires you to return the ActiveKey and wall charger by May 21, 2014 to the Association office and reconcile any outstanding charges directly with Supra (please note Supra will charge the ActiveKey holder a monthly fee for every month outstanding if the ActiveKey is not returned)
Please note that if you are an eKey user (utilizing your smartphone and adapter to open the iBox) service fees are billed monthly and you do not have to renew a yearly lease. ActiveKeys can be upgraded at any time by purchasing the eKey adapter (adapter cost is $26.50 + $14.24 monthly service charge) and signing up for the service at the Association office. eKeys adapters are compatible with iPhones and Androids. ActiveKeys must be returned in order to upgrade.
Additionally, Suburban West is offering a month-long sale (April 1, 2014 - April 30, 2014) on Supra iBoxes. For just $44.50 ActiveKey or eKey holders can purchase electronic lockboxes for their listings at 50% off the regular price of $89.04. Any staff member can take your order over the phone at 610-560-4800 or access our iBox Sale Order Form and fax it into 610-560-4801.
Any Supra questions can be forwarded to Tina Lavelle or John Barbone.
Industry News
Official Release Date Announced for Revised Standard Agreement of Sale Form
As you have probably heard by now, the Standard Agreement of Sale (Form ASR) and three commercial forms have undergone some changes. These new forms will be available on Monday, May 5th.
All of the revised forms have been posted on the Standard Forms page of PAR's website for your review. The major changes to the Agreement of Sale are explained more thoroughly here. If you have questions about the new forms, please contact Desiree Brougher, Esq., the Standard Forms Manager at the Pennsylvania Association of REALTORS.
Please note Association of REALTORS School is offering an MCE course this spring on the new and revised content in the ASR. Please click here for a list of those courses and course details. To register, please click here (access the Education Calendar).
Association News
Association Office Closing: Friday, April 18
In consideration of business you may have with the Association, please take note of the following office closing.
Suburban West will be closed on Friday, April 18th in observance of Good Friday. The Association office will reopen on Monday, April 21st at 8:00am. And remember that you can always visit the Association's virtual office at www.suburbanwestrealtors.com
SWRA Webinar Series Archive Updated With DocuSign Beginners Training Session
In early April, SWRA Staff and DocuSign Trainer Paula Tansey instructed a sold-out DocuSign Basics training session at the Association office. This week our SWRA Webinar Series Archive has been updated with a recording of the presentation and the PowerPoint slides. Topics that were reviewed included: how to customize your DocuSign ID, loading, addressing, customizing, tagging and signing of a document, what your client will see and experience and the link between DocuSign and zipForms. Please click here to access the webinar recording.
Do you still need to activate your FREE DocuSign account? Contact Steve Farace to request your activation link. Additional DocuSign training, including how to videos and frequently asked questions, can be found on the Association's Online Transaction Tools webpage.
Association Tips
Legal Tip: Disclose Carbon Monoxide Detectors
This Legal Tip has been provided by SWRA Staff Paula Tansey
The Carbon Monoxide Alarm Standard Act was signed into law by the Governor in December 2013. The bill requires that "upon the sale of a residential building, the seller shall disclose information regarding the installation of carbon monoxide detectors on the property disclosure statement required by 68 PA.C.S. Ch. 73 (relating to seller disclosures)." The bill does not require that CO alarms be installed in single family residences but it does require them in certain multi-family buildings.
The disclosure of the existence of CO alarms is already included in the PAR Seller's Property Disclosure Statement (SPD). Brokers and agents recommending use of the PAR form will not need to make any changes in that regard. However, there appears to be some confusion over whether the installation of CO alarms is required in single family homes. The bill did not change any existing requirements for the installation of CO alarms. 
The original bill would have required a point-of-sale inspection for CO detectors and imposed further responsibilities on landlords. REALTORS worked hard with the bill sponsors to remove that portion of the bill as it would have represented an undue hardship to sellers.
Association of REALTORS School
ARS Offers Half-Day Continuing Education
Half day MCE courses allow you to complete 3.5 hours of continuing ed and still permits time in your day to devote to clients and your business. Please see a list below for the Association of REALTORS School half-day courses available before the PA MCE deadline of May 31, 2014. All courses are held at the Association in Malvern unless otherwise noted.
Click here for our full MCE course calendar. To register for MCE please click here (access the Education Calendar) or call the Association of REALTORS School at 610-560-4900. Questions on license renewal? Email Gail Parke or Paula Tansey.
SWRA Seminars & Events
REALTOR/Lawyer: Title Issues That Delay or Derail Settlement
The agreement of sale calls for the seller to deliver good and marketable title to the property and for the buyer to take title to the property subject to any deed restrictions, easements, utility rights, ect. that may exist. The buyer does have the option to include title and deed review in the inspection options.
On May 1st (9:00am-10:30am) REALTOR/Lawyer Seminar Series: Title Issues That Delay or Derail Settlement will deal with some of the common and not so common obstacles to settlement that deeds and title present for the buyer and seller. Speaker, Richard Brown, Esq. will talk about what to look for in the title report and identify what issues need immediate attention. For example (1) deceased sellers (2) unpaid tax liens (3) IRS liens (4) divorce and more. Click here to register (access the Event Calendar).
Suburban REALTORS Alliance
Reminder: Eddystone, Brookhaven and Glenolden Feedback Requested
After receiving feedback from REALTORS in the boroughs of Eddystone, Brookhaven and Glenolden about issues with obtaining Use and Occupancy Certificates, the Suburban REALTORS Alliance is collecting information about the inspection process in these communities. Please fill out the survey through this link with specific information about your experience relating to one of these communities.
To stay on top of all the local, state and national issues that could impact your business, sign up for the Suburban REALTORS Alliance News Briefs through their action center.
Suburban West Notices
Employment Notice: Appraisal Trainee / Administative Assistant
An office in Havertown is in immediate need of an individual who has a trainees license and desires to work for a very active residential firm serving Chester, Delaware, Montgomery counties and Philadelphia. The position is both trainee and administrative work in the office on both appraisal and office admin duties in the field. Must have an administrative background. Hours are flexible. Please email your resume to Lew Rodin.
Reminders:
Land Development Basics Seminar Coming to Kennett Square
Our off-site Starbucks Morning: Land Development Basics (May 9; 9:00am-10:30am) at the Hilton Garden Inn in Kennett Square will serve as an introduction to land development basics. Topics to be covered include: what is land development, who are the necessary parties, areas/issues of concern, the role of the REALTOR and more. Click here to register (access the Event Calendar).

Local Market Statistics Posted for March
Helping to answer the question, "how is the market doing?", Suburban West publishes monthly market statistics reports that cover 39 local districts in our membership footprint. Access the latests reports for March posted here.
In This Issue
Supra Billing Information and iBox Sale

Updated ASR Gets Official Release Date

Association Office Closed Friday, April 18th

Webinar Series Archive Updated With DocuSign Basics Presentation

Association Tip: Legal

ARS Offers Half Day
MCE Courses

REALTOR/Lawyer Seminar Series: Issues That Delay Settlement

Eddystone, Brookhaven and Glenolden Feedback Requested

Employment Notice
Payment & Registration Center
You can register for courses and events, pay Suburban West invoices and see past invoices and courses in our

Log-in using your user name and password. Uncertain of your log-in information? Call the Association office at 610-560-4800.
Mark Your Calendars!
April 18; Association Office Closed

April 22; 9:00am-5:00pm

April 22; 6:00pm-9:30pm

April 23; 9:00am-12:30pm

April 23; 1:30-5:00pm

April 24; 9:00am-5:00pm
Quick Links & Numbers
Cartavi Support
888-600-4146

DocuSign Support Center
866-219-4318

PA Real Estate Commission
717-783-3658

PAR Legal Hotline
800-727-5345

RPR Help Desk
877-977-7576

Suburban REALTORS Alliance
610-981-9000

Supra Support
877-699-6787

TREND
877-330-9900

zipForm Support
586-840-0140
Suburban West
REALTORS Association

100 Deerfield Lane, Suite 240 | Malvern, PA 19355
P: 610-560-4800 | F: 610-560-4801


SWRA Website | Directions
About Us | SWRA Staff | Email SWRA
 
Association of
REALTORS School

100 Deerfield Lane, Suite 240 | Malvern, PA 19355
P: 610-560-4900 | F: 610-560-4801


ARS Website
Email ARS
100 Deerfield Lane Suite 240 | Malvern, PA 19355 US
powered by emma
Subscribe to our email list.