News & Media

Archive: November `14
10 Tips for Second Home Buyers
November 26, 2014
Whether you’re looking for a vacation home or an investment property, buying a second home can be a wonderful financial and recreational opportunity for your family. Always have a place to stay at the beach or create an additional stream of revenue by renting the property to vacationers. A second home can yield potential tax benefits and can someday serve as a retirement home. No matter what your purpose is for seeking a second home, rely on a local REALTOR® and a local lender to help you choose the best property to fit your needs and make your visit a permanent vacation.
 
                                                 
 
1. Hire a local REALTOR®.
 
The benefits of utilizing a local REALTOR® are numerous. These trained professionals will guide you...
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Coastal REALTORS® in Top Echelon
November 20, 2014
Berlin, Md. – At the most recent international conference of the National Association of REALTORS® (NAR), the Coastal Association of REALTORS® (CAR) was recognized as one of the most progressive and visionary REALTOR® Associations in the country. The leaders and executives of only 37 Associations of a total of 1,400+ across the country completed the Pinnacle Program. The two-year program was aimed to help leaders better prepare themselves for changing technologies, shifting consumer needs and relevant customer service.
 
Participating in the Pinnacle Program were CAR Treasurer Don Bailey, CAR Executive Director Sheila Dodson, CAR President Vicki Harmon, CAR Past President Chris Jett, CAR Immediate Past President Susan Megargee, CAR President Elect Linda Moran, and CAR Past President Pam Wadler.
 
“You are the finest example of REALTOR® association leadership,” said Dale Stinton, CEO of NAR, during...
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Local REALTORS® learn the ropes with ‘Tech Guru’
November 17, 2014
Berlin, Md. – In a world that revolves around technology, local REALTORS® understand the importance of staying up-to-date on the best, safest, and most efficient and modernized ways to serve their customers.
 
The Coastal Association of REALTORS® (CAR) provided its membership with a one-stop technology shop on Friday, November 14, 2014 by offering “Advanced Real Estate Technology Instruction at a Pre-K Level,” a course taught by the self-proclaimed Real Estate Guru, Craig Grant.
 
“You can’t function as a REALTOR® without having to deal with technology on a daily basis, and the average REALTOR® is intimidated by technology,” Grant said. “The goal of the class is to help them use technology to improve their business.”
 
Craig Grant,...
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Deadline approaching for annual Fair Housing Poster Contest
November 13, 2014
Berlin, Md. – Local teachers, parents, and students in Somerset, Wicomico, and Worcester counties are reminded that the deadline for the Coastal Association of REALTORS® annual Fair Housing Poster Contest is fast approaching.
 
Sponsored by the Maryland Association of REALTORS® (MAR), the contest is a means for REALTORS® across the state to help increase awareness of this important issue via a Fair Housing Opportunity Calendar. “Fair housing” pertains to the Fair Housing Act, which prohibits discrimination in the sale and rental of housing based on race, color, national origin, religion, sex, familial status, or handicap. The contest aims to teach children that discrimination is not only wrong, but illegal.
 
Artwork submitted by students must illustrate this year’s calendar theme, “Everyone Wins With Fair Housing.” Coastal REALTORS® will choose a local winner from each of three age groups....
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CAR Government, Public Affairs Director appointed to Salisbury Zoo Commission
November 12, 2014
Salisbury, Md. – Sarah Rayne, the government and public affairs director for the Coastal Association of REALTORS®, was appointed to the Salisbury Zoo Commission this week by a unanimous vote of the Salisbury City Council.
 
                                     
 
Rayne, a Salisbury resident since 2006, has in the past completed Salisbury Zoo Docent Training. This experience, along with her work in writing about the zoo as a former newspaper reporter, led to her pursuit of a seat on the Zoo Commission.
 
In a letter of support to the Mayor’s Office, Zoo Commission Chair Ron Alessi said, “the commission has reviewed [Rayne’s] resume and feel, that with her background and interest in the zoo, she will make an excellent Zoo Commission...
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Local REALTORS® donate to Believe In Tomorrow
November 10, 2014
Ocean City, Md. – The proceeds from a 50/50 raffle held during the Coastal Association of REALTORS® October Business Card Exchange were donated last week to the Believe in Tomorrow Children’s Foundation in Ocean City.
 
The monthly event, held in October at Guidos Burritos in Ocean City, is an opportunity for members of the association to network and raise money for a local worthy cause. Each event is sponsored by affiliate members of the
association.
 
(From left) CAR Education and Communications Administrator Veronica Bishop, CAR Events Committee members ­­Kathy Lowing and Pam Wadler, Believe in Tomorrow Program Manager Wayne Littleton, and October Business Card Exchange co-sponsor Will Esham. Not pictured is October Business Card Exchange co-sponsor Jason...
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Home sales up in all three counties
November 6, 2014
Berlin, Md. – The latest figures from the Coastal Association of REALTORS® (CAR) reflects great news for the local industry – sales are up in all three counties on the Lower Shore. The impetus behind this surge reflects even better news for local buyers – interest rates for fixed mortgages are down.
 
According to the association’s local market statistics, October 2014 saw an increase in both contracts and settlements in Somerset, Wicomico, and Worcester counties compared to the same time last year. New contracts, or pending sales, of single family homes and condominiums went up 18.8 percent and new settlements, or completed transactions went up 3.9 percent.
 
Lauren Bunting, of Bunting Realty in Berlin, said a continued decrease in interest rates for fixed-rate mortgages could be the impetus for this encouraging uptick in home sales. Freddie Mac recently reported that the average interest rate for a...
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Local REALTORS® talk stigmatized properties on Halloween
November 3, 2014
Berlin, Md. – In observance of the spookiest day of the year, roughly 50 local REALTORS® attended the Friday, October 31, 2014 Stigmatized Properties Continuing Education Course, which focuses on homes whose tales of murder, ghosts, felonies, and suicides may scare away potential buyers.
 
Held at the Coastal Association of REALTORS® (CAR), the course was taught by Tony Kinch, account executive with American Home Shield Home Warranty Mid-Atlantic.
 
Kinch said the basis of the course is the real estate agent’s duty to disclose material facts to potential property buyers. In Maryland, he said, REALTORS® are not required to disclose facts surrounding hauntings, criminal activity, death at the property, or whether the home was once owned by a person of notoriety. What they must disclose, he added, are termites, homeowner’s insurance claims, mold, and contaminated...
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