Suburban West Realtors Association
Suburban West Weekly
December 11th, 2019
IN THIS ISSUE
  • Just Announced! 2020 Board of Directors Installation Coming to the Penn Oaks Golf Club

  • Local Market Statistics Reports Now Available for November

  • Don't Prospect Withdrawn Listings

  • Short Sales and Foreclosures Certification Coming to Malvern on December 19th

  • Glenolden Updates U&O Code in Response to SRA Lawsuit

  • Calendar of Events 
 

 



Just Announced! 2020 Board of Directors Installation Coming to the Penn Oaks Golf Club

Join the Suburban West Realtors® Association in a celebration of its new leadership! All members are invited to attend the 2020 Board of Directors Installation Event (January 15th; 5:00pm-8:30pm) at the Penn Oaks Golf Club in West Chester in honor of your 2020 Board of Directors and its new Chairman, Kit Anstey. The event will feature:
  • Open bar from 5:00pm-6:30pm
  • Installation ceremony of your 2020 Board of Directors
  • Hors d'oeuvres, dinner buffet and desserts
  • Live entertainment featuring Ben Singleton and the People's Choice Band
  • Networking with Realtor® and Affiliate members
Don't miss our premier event of the winter season! Purchase your tickets today (once logged in, scroll over "Events" and then click on "Upcoming Meetings") for this fun and festive celebration to recognize the leadership of your Association!

Local Market Statistics Reports Now Available for November

With the assistance of BRIGHT MLS, Suburban West helps members communicate the latest real estate market conditions in the area with its Monthly Residential Market Reports for area school districts and counties.
These reports are vital to keep yourself knowledgeable about market trends and to demonstrate to buyer and seller clients the most up-to-date and accurate local housing information available. Access the most recently published monthly reports for November here.
Please note that an assortment of reports are also available to all BRIGHT MLS members at www.brightmls.com. Once logged in to the site, access the Market Research tab to access the various reports. If you have questions or requests regarding the reports, please call 610-560-4800.

Don't Prospect Withdrawn Listings

In the BRIGHT MLS system, a Withdrawn status means the listing agent still has a valid listing agreement, but the seller does not want it shown for an extended period of time. Other Realtors®  and licensees may NOT solicit a seller whose listing is in the Withdrawn status. To do so is a violation of MLS rules and also a potential violation of Article 16 of the Code of Ethics. “Realtors® shall not engage in any practice or take any action inconsistent with exclusive representation or exclusive brokerage relationship agreements that other Realtors® have with clients.”
A full list of all the statuses and their definitions can be found in the BRIGHT MLS Rules and Regulations

Short Sales and Foreclosures Certification Coming to Malvern on December 19th

Knowing how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities are not merely good skills to have in today’s market—they are critical. And while short sales and foreclosures are not for the faint of heart, agents with the proper tools and training can use these specialty areas to build their business for the long term.
The one-day SFR: Short Sales and Foreclosures Certification Course (December 19th; 9:00am-5:00pm) will enable students to: differentiate between short sales and foreclosures, explain the process of a successful short sale transaction, guide clients who want to purchase short sale or foreclosed properties and much more! Click here to learn more and to register.

Glenolden Updates U&O Code in Response to SRA Lawsuit

In response to a federal lawsuit filed by the Suburban Realtors Alliance (SRA), Glenolden Borough Council voted Nov. 19 to bring its use and occupancy ordinance into compliance with Act 133 of 2016. “Glenolden is finally doing the right thing, and this is a big victory for sellers and buyers in the borough,” said SRA president Jamie Ridge. “Unfortunately, it took us asking them repeatedly for three years, then filing a federal lawsuit to get to this point.” The lawsuit claims Glenolden violated state law by refusing to issue a use and occupancy permit to a property owner following a resale inspection, requiring that repairs be made within 30 days, and withholding $5,000 in escrow. Despite the new ordinance, the SRA plans to continue pressing the lawsuit and will keep an eye on Glenolden for any future infractions. Read more about the lawsuit on the SRA blog.
For more news items from the Suburban Realtors® Alliance, click here to access their Weekly News Briefs.
How Do I Save? How Do I Purchase the Pass?

Calendar of Events

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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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