Issuu on Google+

Check out for our latest updates! Capital Area Realtor ® The official newsletter of the Greater Capital Area Association of REALTORS® March - April 2012 Inside This Issue Association 3 Broker/Manager 3 Annual 3 Ask the 4 GCAAR in the 4 Speaker 5 Good Neighbor 5 NAR Director’s 6 NAR Midyear 7 GCAAR 7 Customize a 8 9 FHA Mortgage 9 MC Market 10 DC Market Report.......................... page 12 Going Green Insert......................... page 13 Education 17 Public 18 RPAC Investors.............................. page 20 YPN at the Buddha Bar................... page 20 GCAAR is 21 USPS: 017-467 Volume 18, Number 2 Members Rally for Homeowners Save the MID Rally Draws GCAAR and DCAR Members to Annapolis Over 500 hundred REALTORS® from across the region gathered in a torrential downpour on February 29 to protest Governor O’Malley’s proposal to limit the home mortgage interest deduction (MID) in Maryland. Over 100 GCAAR members braved the weather, many arriving on chartered buses and by private car. President Casper spoke to a number of media outlets, including WAMU radio, WMAL, local ABC and CBS affiliates, and The Washington Post. She, along with GCAAR’s Governmental Affairs Consultant for Maryland Meredith Weisel, also met with Montgomery County members of the appropriate committees, as well Senate President Mike Miller. Later that afternoon, Bonnie testified before the Senate Budget and Taxation Committee hearing, during which Senator Nancy King said “The sight of 500 REALTORS® standing in the rain in Annapolis at a rally is certainly something that makes us all take notice!” GCAAR President Bonnie Casper addressed the rally and reinforced the ongoing theme, Homeownership Matters, emphasizing the importance of the MID and deductibility of property taxes. MD Comptroller Peter Franchot, along with REALTOR® leadership and homeowners attended and spoke, with many members meeting with their delegates and senators and encouraging the legislators to vote against the bill. A strong contingent of DCAR leaders including President Ed Downs, CEO Ed Krauze, Immediate Past President Suzanne Des Marais, and member Angela Jones stood up for the Maryland members, noting that attempts to limit home deductibility are pernicious and could easily be introduced in DC as well. Additional pics of the event are on page 21. Quiz............................................... page 22 April is Fair Housing Month Greater Capital Area Association of REALTORS® 8757 Georgia Avenue, Suite 600 Silver Spring, MD 20910 April 2012 marks the 44th anniversary of the 1968 landmark Fair Housing Act. Each year REALTORS® recognize the significance of this event and reconfirm their commitment to upholding fair housing laws, as well as their commitment to offering equal professional service to all in their search for real property. As a REALTOR®, I agree to: • Provide equal professional service without regard to the race, color, religion, sex, handicap, familial status, national origin or sexual orientation of any prospective client, customer, or of the residents of any community. • Keep informed about fair housing laws and practices, improving my clients’ and customers’ opportunities and my business. • Develop advertising that indicates that everyone Like Us on Facebook! • • • • • • is welcome and no one is excluded; expanding my client’s and customer’s opportunities to see, buy, or lease property. Inform my clients and customers about their rights and responsibilities under the fair housing laws by providing brochures and other information. Document my efforts to provide professional service, which will assist me in becoming a more responsive and successful REALTOR®. Refuse to tolerate non-compliance. Learn about those who are different from me, and celebrate those differences. Take a positive approach to fair housing practices and aspire to follow the spirit as well as the letter of the law. Develop and implement fair housing practices for my firm to carry out the spirit of this declaration. continued on page 21 Follow Us on Twitter! @GCAARNow

Capital Area Realtor: March April 2012

Related publications