July 20th, 2016
Featured Article
New Education Requirements for 2016-2018 PA Licensees
At the July 12th, 2016 meeting of the Real Estate Commission, pursuant to 49 PA Code §35.384(b), the Commission voted to impose a continuing education requirement for the 2016-2018 renewal period. The requirement is that a minimum of 3 hours of the required 14 hours of continuing education must be in the topic of Commission Rules & Regulations. The coursework must be completed between June 1st, 2016 and May 31st, 2018 in order to meet the requirement. The official announcement from the Real Estate Commission can be found here.
The Association of REALTORS School is in the process of creating courses that will satisfy the requirement. These courses will be ready in 2017 and will be offered multiple times on our continuing education calendar.
New licensees who are renewing for the first time are exempt from this one-time requirement, and are still required to complete the mandatory courses for new licensees.
Association News
RPAC Telethon Helps Provide Stronger Voice at Local, State and National Level
Over the past month, 19 member volunteers committed themselves to help raise money for the REALTORS Political Action Committee (RPAC). Their diligence in relaying the importance of RPAC and the impact that legislation has on real estate resulted in over $38,000 in investments! Suburban West is appreciative of the 322 members who collectively have helped our industry react quickly to challenges and be at the forefront of issues that are important to REALTORS and homeowners.
The Association would also like to thank and congratulate Dominic Cardone for soliciting the most overall investments and Leann Murphy for reaching out to the most investors. Both Dominic and Leann will receive free local dues for 2017. Dennis Morgan placed second and Kathy McQuilkin third for most investments. In addition, Dominic took home second place for most investors and Vince Range placed third. As for investments, Leann gathered the second most and Kathy McQuilkin finished in third.
Suburban West would like to recognize all of our participants who devoted their time and effort; Christina Cardone, Dominic Cardone, Kathy McQuilkin, Leann Murphy, Dennis Manley, Dave Brant, Dennis Morgan, Susan Bell, Andrea Smith, Vince Range, Marianne O’Neill, Pam Cloud, Cher Finnan, Brian Slater, Paulette Krieder, Chris Earley, Anthony Porreca, Judith Alignan and Steve D’Antonio.
Finally, SWRA would like to thank the members who invested, pledged or increased their investment level as part of the telethon (an updated RPAC investor list is available here).
Members who showed their support of RPAC (investing $15 or more) during the telethon and through October 13th will automatically be entered to win an Apple iWatch. Questions about RPAC or looking to contribute? Contact Steve Farace at 610-560-4800.
July Issue of REALTOR News Magazine Features Local Homeownership Programs
The July issue of Suburban West's REALTOR News Magazine is now available for our members. This issue highlights information on a variety of homeownership programs available in the Suburban West area. In addition to the feature article, this issue also includes insights into the Association's efforts to help promote homeownership and stronger communities and the importance of effective communication between REALTORS.
Click here to access the digital edition. You can also access the magazine in a PDF format for printing. Interested in receiving the magazine in print? Please email Steve Farace and future issues will be mailed directly to your home or office.
SWRA Seminars & Events
Starbucks Morning: Facebook for Your Business in 2016 (and Beyond!)
If everyone in real estate is using Facebook, have we passed the "Facebook moment"? On one hand we have because using Facebook is no longer the high-bar of being tech savvy. On the other hand, because of its very broad range, it's become as important to a REALTOR's business as the phone and email.
To explain how REALTORS can best utilize Facebook in their 2016 business and beyond, SWRA is excited to welcome Bill Lublin, founder of the Social Media Marketing Institute for August 9th's (9:00am-10:30am) Starbucks Morning: Facebook for Your Business in 2016 and Beyond. Bill's ability to connect real world business experience with the use of social media has made him a popular and in-demand speaker at conventions and meetings throughout the world.  Don't miss this opportunity to improve your use of Facebook so that you can realize greater success now and in the future. Click here to register (access the Events Calendar).
Association of REALTORS School
SRES: Tap the Potential of the 50+ Market
The SRES: Seniors Real Estate Specialist Designation course on August 17th & 18th (9:00am-5:00pm) will train REALTORS to meet the needs of maturing Americans when selling, buying, relocating or refinancing residential or investment properties. This two-day course will educate agents who are looking to make 50+ real estate a part of their overall business plan.
By earning the SRES Designation, students will be prepared to approach mature clients with the best options and information to make life-changing decisions. To register, please call the Association of REALTORS School at 610-560-4900 or click here (access the Education Calendar).
Suburban REALTORS Alliance
Senate Passes NAR-Backed Condo Reform Legislation
The U.S. Senate has passed legislation that includes reforms to current Federal Housing Administration (FHA) restrictions on condominium financing, among other provisions, and is long supported by the National Association of REALTORS. HR 3700 the "Housing Opportunity Through Modernization Act" will make FHA's recertification process substantially less burdensome, while lowering FHA's current owner-occupancy requirement from 50% to 35%.
The bill also requires FHA to replace existing policy on transfer fees with the less-restrictive model already in place at the Federal Housing Finance Agency. Tom Salomone, president of NAR, praised the legislation as a significant step towards eliminating barriers to safe, affordable mortgage credit for condos. The bill is expected to be signed by President Obama.
Not receiving the SRA News Briefs email on Friday mornings? Association members can sign up to receive their free weekly News Briefs by visiting their Action Center.
Reminders:
Local Market Statistics Published for June
Suburban West, in partnership with TREND, produces over 40 market statistics reports for local school districts in our membership footprint covering Chester, Delaware, Montgomery and Berks counties and Philadelphia. These reports are vital to keep yourself knowledgeable about market trends and to demonstrate to buyer and seller clients the most accurate local housing information. Click here to access the local reports for June.
Pricing Strategy Advisor: Mastering the CMA
The Pricing Strategy Advisor: Mastering the CMA course (August 3rd; 9:00am-5:00pm) will cover the nuts and bolts of a comparable market analysis (CMA) including its purpose, key principles of valuation and important valuation terminology. Click here to learn more about the course and here to register (access the Education Calendar).
In This Issue
New Education Requirements for 2016-2018 PA Licensees

RPAC Telethon Helps Provide Stronger Voice at Local, State and National Level

July Issue of REALTOR News Magazine Features Local Homeownership Programs

Starbucks Morning: Facebook for Your Business in 2016
(and Beyond!)

SRES: Tap the Potential of
the 50+ Market

Senate Passes NAR-Backed Condo Reform Legislation
Payment & Registration Center
You can register for courses & events, pay Suburban West invoices and see past invoices & courses by logging into our Payment and Registration Center.

Log-in using your User Name (First and Last Name) and Password (Last Four Digits of Your Social Unless Modified). 

Having difficulty logging in? Call the Association office at 610-560-4800.
Mark Your Calendars!
Important Numbers
for REALTORS
Suburban West REALTORS
610-560-4800

DocuSign Support Center
866-219-4318

DocuSign Transaction Rooms
888-600-4146

National Association of REALTORS (NAR)
800-874-6500

PA Real Estate Commission
717-783-3658

PAR Legal Hotline
800-727-5345

Pennsylvania Association of REALTORS (PAR)
800-555-3390

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


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


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