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REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OC TODAY-DISPATCH
Real Estate
APRIL 2024
INDEX OF ADVERTISERS
THE COASTAL REAL ESTATE RESOURCE Coastal Association of Realtors - OC Today-Dispatch
Nanette Pavier/Holiday Real Estate, Inc ..............................................Page 2
Published by OC Today-Dispatch for the Coastal Association of Realtors. Advertising in this publication is limited to members and affiliated members of the Association.
Sunshine Properties/Michael Ray ........................................................Page 3
The COASTAL ASSOCIATION OF REALTORS® (CAR) is a trade organization for real estate professionals in Wicomico, Worcester and Somerset Counties on the Eastern Shore of Maryland. Its membership consists of more than 1,000 REALTORs® and affiliate members serving the home-buying and homeselling needs of the public since 1957. The term REALTOR® is a registered collective membership mark, which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics. The COASTAL ASSOCIATION OF REALTORS is located at 314 Franklin Avenue, Suite 106 • Berlin, MD 21811. Phone: 410-641-4409. On the Web: www.coastalrealtor.org
Buckley Property Services, LLC ............................................................Page 3
OC TODAY-DISPATCH is the leading newspaper publisher on the Maryland coast, with OC Today-Dispatch publishing weekly on Friday, Bayside Gazette and Ocean City Digest publishing on Thursdays and Real Estate, the Coastal Real Estate Resource publishing key weekends throughout the year. On the Web: www.oceancitytoday.com
Berkshire Hathaway Home Services PenFed Realty ............................Page 9
Editor ......................................................................... Stewart Dobson Executive Editor ................................................................ Steve Green Account Managers....................... Mary Cooper, Renée Kelly, Terri French Classifieds/Legals ........................................................... Taylor Sloan Art Director....................................................................... Cole Gibson Senior Page Designer ....................................................... Susan Parks Senior Ad Designer ............................................................ Kelly Brown Publisher..................................................................... Christine Brown Administrative Asistant.......................................................... Gini Tufts
Iron Valley Real Estate ........................................................................Page 12
Lauren Martini/BHHS PenFed Realty..................................................Page 3 Cathy Soule/Coldwell Banker Realty ....................................................Page 4 Kim Heaney/BHHS/PenFed Realty .....................................................Page 4 Jamie Caine/Coldwell Banker Realty....................................................Page 5 Mary McCracken/Long & Foster Real Estate, Inc ................................Page 6 Long & Foster Real Estate, Inc., Sales & Vacation Rentals ..................Page 6 Long & Foster Realtor Awards ..............................................................Page 7 Berkshire Hathaway Home Services PenFed Realty ............................Page 8 MD Department of Housing & Community Development .................Page 10 Hileman Real Estate, Inc......................................................................Page 11 CMG Home Loans................................................................................Page 12 Kim Bounds/Coldwell Banker .............................................................Page 13 The Mortgage Link...............................................................................Page 13 Todd Chandler/Holiday Real Estate ...................................................Page 14 Kevin Heselbach/Engel & Volkers Real Estate ...................................Page 14 Joyce Melbourne/BHHS/PenFed Realty ............................................Page 14 OCVacations.com/Resort Rentals, LLC ..............................................Page 15 Maryland Title Service .........................................................................Page 16
410-723-6397 WWW.OCEANCITYTODAY.COM It’s Time To Own A Beach Home!
Nanette Pavier Cell: 443-235-3498
Main Office: 7700 Coastal Hwy., Ocean City, MD 410-289-8888
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Best priced West Ocean City townhouse with 2 bedrooms and 2.5 bathrooms, master bedroom with walk-in closet and full bath. For the avid weekend fisherman, golfer, boater, surfer, beachcomber, or first-time buyer, why rent when you can buy this affordably priced townhouse. Located close to restaurants, marinas, White Marlin Mall, several golf courses and Assateague Island.
MLS# MDWO2019534
MLS# MDWO2019808
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OC TODAY-DISPATCH
APRIL 2024
Coastal releases statement on NAR settlement proposal Maryland already followed many aspects of agreement The following statement was released by the Coastal Association of Realtors (CAR): Coastal Association of Realtors received the announcement that National Association of Realtors (NAR) and the plaintiffs had reached a proposed settlement agreement Friday March 15th, from NAR interim CEO Nykia Wright. This settlement would end litigation of the claims brought on behalf of home sellers related to broker commissions,” reported CAR CEO Bernie Flax. Wright gave this comment, “NAR has worked hard for years to resolve this litigation in a manner that benefits our members and American consumers. It has always been our goal to preserve consumer choice and protect our members to the greatest extent possible. This settlement achieves both of those goals.” There are strong grounds for the court to approve this settlement, but we can expect the court review process to take several months or more. In large class action settlements, objections and opt outs are
common, and the plaintiffs and NAR will handle them as they come. Chris Jett, CAR member and Maryland Realtors state treasurer said, “It’s important Chris Jett to note that the settlement is still subject to final court approval, so no immediate changes are being implemented in the state or within our industry. Realtors will continue to clearly educate and document in writing to both Buyers and Sellers what our services are and the value we bring to the table.” One of the main terms in the proposed settlement is that all buyer’s agents will utilize written buyer agency agreements. The good news for Maryland Realtors is that Maryland law has required the use of written buyer brokerage agreements since Oct. 1, 2016. Maryland is one of only seventeen states that currently have this agreement in place with their consumers. Continued on Page 4
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CHARMING 3 BR, 2 BA RANCH-STYLE HOME R DE ACT! N U TR N CO
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Open floorplan 1- story home with cathedral ceilings. Natural light floods the living spaces. Newer carpets throughout the home. New energy efficient water heater installed in 2018. Wellappointed kitchen: tile floors, double sink, ample cabinetry & breakfast bar. Adjacent, the dining area flows to living room with gas fireplace. Primary suite private bath with jacuzzi tub. The Primary BR walk-in closet. 2 additional BRs for guests or could serve as office or hobby space. 1-car garage with extra storage space. Pull-down door to floored attic for extra storage as well. Large front porch & large back deck with screened in section. Quiet neighborhood just a short distance to beaches & recreational opportunities. Don't miss your chance to experience coastal $389,900 living at its finest - schedule your showing today! MDWO2018896
LAUREN MARTINI
REALTOR®, Licensed in MD & DE
Happy E t UCKLEY PROPERTY SERVICES LLC A Real Estat
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103 120th Street, Suite B, Ocean City, MD M 21842 Phone: 410-524-7123 • Fax: 410-524-7124 • office@buckleyprropertyservices.com
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