Suburban West Realtors Association
Suburban West Weekly
October 10th, 2018
IN THIS ISSUE
Coat Drive to Benefit the Boys
and Girls Club of Philadelphia
Kicks Off This Week!

Local Market Statistics Reports
Now Published for September

Pennsylvania Broker Exam Prep
Course Coming to Malvern on
November 3rd 
 
Social Media's Legal Risks

C/I Exchange to Meet on
Friday, October 12th

Schools Told Max Tax Increase
Rate for 2019-2020

Calendar of Events
 



Coat Drive to Benefit the Boys and Girls Club of Philadelphia Kicks Off This Week!

As a part of REALTORS Reach Out Month, Suburban West has teamed up with the Boys & Girls Club of Philadelphia to hold a Coat Drive this Fall. If you would like to participate, the Association is kindly requesting the following new items for boys and girls ages 6-16:
  • new winter coats (preferably with tags)
  • new winter gloves (preferably with tags)
  • new winter hats (preferably with tags)
Last year the Association collected over 55 coats and we are looking to surpass that amount this year! Items can be dropped off at the Association office, Monday-Friday 8:00am-5:00pm until November 9th or during the Annual Membership Meeting on October 23rd; 9:00am-12:00pm at the Springfield Country Club.
For questions, please contact Vinnie Pagnini or call 610-560-4800.

Local Market Statistics Reports Now Published for September

Updated market statistics reports are now available for September 2018. These dash-board style reports cover Berks, Chester, Delaware and Montgomery counties and Philadelphia. These reports are vital to keep yourself knowledgeable about market trends and to help demonstrate to your clients the most accurate local housing information available.

Please note that an assortment of reports is available to all TREND/BRIGHT members at www.trendmls.com. Once logged into the site, access the MLS section and then the Statistics tab to access the various reports.  If you have questions or requests regarding the reports, please contact Steve Farace or call 610-560-4800.

Pennsylvania Broker Exam Prep Course Coming to Malvern on November 3rd

Are you preparing for your PA Real Estate Broker License Exam? Before taking the exam, boost your confidence and knowledge by completing the Association of REALTORS School's PA Broker Exam Prep Course on November 3rd; 9:00am-4:00pm.
This highly interactive one-day crash course will give students an opportunity to review the myriad content that will be featured on the exam including; real property law, land use & environmental regulations, RELRA, contracts, title transfer, financing, ethics and fair housing. Students will also be refreshed on the test taking procedures and the examination process.
Don't miss this unique opportunity to increase your chances to pass the PA Broker License Exam. Click here to register (once logged in, scroll over "Events" then click on "Upcoming Classes") or call 610-560-4900.
Click here for a calendar of upcoming PA Broker Credit classes and here for PA Broker Licensing credits and details. Questions? Contact Gail Parke.

Social Media's Legal Risks

Social Media has enabled REALTORS to engage in a wider audience. And with that comes some risks. In this NAR Window to the Law video, associate counsel Jessica Edgerton addresses unintentional pitfalls of using social media for business. These include breaches of confidentiality, misapplication of laws; ethics, license law and FTC violations for promotional posts and antitrust violations. 

C/I Exchange to Meet on Friday, October 12th

The Commercial/Industrial Marketing Exchange is set to meet this Friday, October 12th beginning with networking at 8:15am at the Association office in Malvern. The event will begin with the Marketing Exchange where you can bring your "haves" and "wants" including flyers for discussion during the first portion of the session to help serve your clients. Following will be a presentation. This month's presentation topic is “Chester County Transportation Update” by Jonathan Ewald, Manager of Corporate and Community Relations for TMACC. Registration is not required. Questions? Email Steve Farace.

Schools Told Max Tax Increase Rate for 2019-2020

The Pennsylvania Department of Education has released Act 1 indices to the commonwealth’s approximately 500 districts, telling them how high they may raise real estate taxes in the 2019-2020 school year.
The Act 1 index is used to determine the maximum tax increase percentage a district can levy before going to a ballot referendum or filing a referendum exception with the state. The new Act 1 base index drops 0.1 percentage points from 2018-2019. Districts have free rein to raise taxes any amount up to their indices. If a school district wishes to raise taxes over its mandated index, it can put the proposal to a vote by district residents through referendum, or a referendum exception may be filed with the state if the need to raise taxes higher is due to certain causes, including retirement contributions, special education expenditures or school construction debt. Read more
Questions? Contact the Suburban REALTORS Alliance by calling 610-981-9000.
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Suburban West REALTORS Association
1 Country View Road, Suite 201, Malvern PA 19355
P: 610-560-4800 | F: 610-560-4801
Association of REALTORS School
1 Country View Road, Suite 101, Malvern PA 19355
P: 610-560-4900 | F: 610-560-4801
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