CPAR January 2014 Realtor News

EALTOR® NEWS VOL. 5 / ISSUE 1 JANUARY 2014

central pasco association of REALTORS®

An Association Created by Realtors® for Realtors® In the 21st CENTURY PRESIDENT Toby Caroline Sun ‘N Fun Realty TobyParadise@aol.com PRESIDENT-ELECT Lynn Mooney SouthShore Homes & Properties Lynn@LynnMooney.com VICE PRESIDENT Dennis Derbes Prudential Tropical Realty DJderbes@prutropical.net SECRETARY Deborah Farmer Starlight Realty Deb@StarLightRealtyTampa.com TREASURER Vicki Derbes Prudential Tropical Realty VDerbes@PruTropical.com PAST PRESIDENT Ed Anderson Action 100 Realty Ed@Action100Realty.com DIRECTOR Gerald Collings SouthShore Homes & Properties GeraldCollingsRealtor@gmail.com DIRECTOR Pete Rundel Action 100 Realty Pete@Action100Realty.com DIRECTOR Monica Smith Homeward Real Estate MonicaeSmith1@gmail.com DIRECTOR David Chen Florida Capital Realty Dchen4649@yahoo.com DIRECTOR Dwight McDonald International Realty Plus – Tampa Bay EmailMyBroker@verizonnet

Click Here to SUBSCRIBE to the CPARealtor®News

CPAR 2013 Awards Congratulations to All the Winners Business Partner Company of the Year Hillsborough Title

Realtor® of the Year Deborah Farmer, Broker/Owner StarLight Realty

Bill Moorer Humanitarian Award Sybrian Castleman-Doran Action 100 Realty

Juanita Dennis Award for Committee Chairperson of the Year Lynne Tonte, National Propety Inspections

Mentor of the Year Lynn Mooney SouthShore Homes & Properties

Top Achievement Award for Total Dollor Volume

Top Achievement Award for Total Number of Transactions

Deborah Catterton Charles Rutenberg Realty

Peter Rundel Action 100 Realty

VISIT US ONLINE AT CPARFL.com

CALENDAR for 2014 JANUARY 01 New Year’s Day 07 C-ParTee 5:30 - 7:30 pm Prime Bar -Shops of Wiregrass 09 Awards & New Year Celebration 11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek 16 EDUCATION - Introduction to RPR Resources 10:30 am - Session 1 (Basic Registration: $5 - Includes Lunch, 1:00 pm - Session 2 - Basic Lunch 12:15 - 1:00 pm Pebble Creek 20 Martin Luther King, Jr. Day 22-26 Florida Realtors Business Meetings Renaissance Orlando Resort 31 Chinese New Year – The Year of the Horse FEBRUARY 06 Lunch ‘n Learn INSPECTIONS - Current Issues - 11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek 13 EDUCATION - Contract & Title Updates for 2014 11:00 am - 1:30 pm Pebble Creek Open Q & A - Registration $5.00 includes Lunch 14 Valentine’s Day 17 Presidents’ Day 22 Washington’s Birthday 26 EDUCATION - How to Make More Money in 2014 11:00 am - 1:00 pm Pebble Creek Sponsored Lunch, Reservations Required MARCH 04 Shrove Tuesday/Mardi Gras 05 Ash Wednesday 09 Daylight Savings Time 13 Lunch ‘n Learn 11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek 17 St Patrick’s Day 21-25 NAR AE Institute Baltimore, MD APRIL 01 April Fool’s Day 10 Lunch ‘n Learn MLS Updates - Lynn Mooney 11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek 13 Palm Sunday 14 Passover @Sunset 15 Tax Day & 1st Day of Passover 18 Good Friday 20 Easter Sunday 22 Last Day of Passover & Earth Day May 01 National Day of Prayer 05 Cinco de Mayo 08 Lunch ‘n Learn 11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek 12-17 NAR Mid-Year Meetings Washington, DC

15 17 26 JUNE 08 12

Peace Officers’ Memorial Day Armed Forces Day Memorial Day

14 15 JULY 01 04 10

Flag Day Father’s Day

Pentecost Sunday Lunch ‘n Learn

11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek

Canada Day Independence Day Lunch ‘n Learn

11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek

AUGUST 07 Lunch ‘n Learn 11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek 13-17 Florida Realtors’ Annual Convention and Expo Rosen Shingle 19 National Aviation Day 26 Women’s Equality Day SEPTEMBER 01 Labor Day 06 Federal Lands Cleanup Day 07 National Grandparents Day 11 Lunch ‘n Learn 11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek 19 National POW/MIA Recognition Day 24 Rosh Hashana @Sunset OCTOBER 04 Yom Kippur@Sunset 09 Lunch ‘n Learn 11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek 31 Halloween NOVEMBER 02 Daylight Savings Time Ends 04 Election Day 05-10 NAR Annual Convention & Expo - New Orleans 11 Veterans Day 13 CPAR Annual Installation 27 Thanksgiving 28 Black Friday DECEMBER 11 Lunch ‘n Learn 11:30-1:30 pm Pebble Creek BOD Meeting 2:00 pm Pebble Creek 16 Hanukkah@Sunset 24 Christmas Eve & Last Day of Hanukkah 25 Christmas Day 31 New Year’s Eve

* GMM MEETING Cost: $15.00 Advance Reservations ~ $20.00 without Reservations

a word from the

PREZ

“The Beginning of a Great New Year.”

Well, here we are approaching my second month as President and I am thrilled to be able to say that we have some exciting educational sessions and some wonderful speakers this month and in the following months to come.

I was invited to one of the best Leadership Training meetings and luncheon that I have been to in years. Our very own CPAR Secretary, Deborah Farmer and recipient of the 2013 CPAR Realto® of the Year Award, put this most enlightening and educational Power Point Presentation together.

It reminded me that all of us, in some way possess the power to exhibit some type of Leadership. Whether it be in our business or personal lives; what we do or say can and will influence others. I think that all of us need to be reminded of not only who we are, but that we all can be someone that others look up to even if it is in a small way.

CPAR is striving to become just that: A leader to our Realtor® and Business Partner members. We surround ourselves with who and what we are comfortable with. The CPAR Board promises you that we will work hard for the benefit of all of our members, past, present and future to ensure that the members want to, not need to, support CPAR. After all, it is not our Board, but everyone’s Board. There is no CPAR without you and your participation.

We are looking forward to announcing some changes in the very near future that will not only help the image of CPAR, but also make you proud to be a member.

CPAR is a great Association with a new board, a new outlook, new challenges and a new attitude.

Thank you for being a part of YOUR Central Pasco Association of Realtors®. We look forward to your contribution, whether it be verbal, visual or serving on one of our many Committees or the Board.

Stay tuned for more fun and surprises in 2014!

Your President,

Toby Caroline

January 2014 Board of Directors Meeting

January 9th Board of Directors Meeting MOTION THAT CPAR spend $100 to underwrite a USDA class for CE credit in March, 2014.

PASSED MOTION THAT CPAR test new locations for education presentations and approve up to $600 for March and April at the rate of $150 per meeting for four (4) meetings.

PASSED MOTION THAT CPAR start with Mason Title as a satellite service center for signage and material for sale including lockboxes..

PASSED MOTION THAT CPAR auction the Tampa Times and Tampa Tribune ads that were purchased at one of our meetings.

PASSED MOTION THAT CPAR spend up to $100 for an RPAC Jamboree Auction item for Florida Realtors速.

PASSED

January 20th 2014 Board of Directors Meeting All Officers and Directors signed a Conflict of Interest Disclosure Statement.

PASSED

Submitted by Secretary, Deborah Farmer

JANUARY

CPAR-tee LYNNE TONTE CPAR Realtors® and Business Partners started off 2014 with a bang! They enjoyed the first C-ParTee Mixer of the year on January 7th, at Prime Bar in The Shoppes of Wiregrass. Over 30 people attended to network and learn more about one another. We saw faces that were new in attending and we caught up with old friends. Food was awesome and conversations were flowing. A BIG thank you to all our of wonderful Business Partner Sponsors. We hope that the Realtors® within CPAR will remember all of you and your contribution when making a business decision on who to use for their Real Estate transactions.

This event was a success because of our wonderful sponsors: Universal Land Title—Ruth Peeples National Property Inspections—Lynne Tonte Prime Protection—Joe Hassani Mason Title—Mary Turner First National Bank of Pasco—Angela Miller Class Act Inspections—James Ward Hillsborough Title—Kim Martin Prime Lending– Scott Goldsborough Ram Insurance—Randy Mabry Sun ‘n Fun Realty—Toby Caroline Tampa Home Inspection—Bobb Courtman Security National Mortgage Co.—Ray Williams Ierna’s Heating & Cooling—Julie Rinaldi

GMM SPOTLIGHT

January

January 9th was our first General Membership Event.

This was different from past events at CPAR. The awards were given out and the 2013 Officers and Directors were rewarded for their service on the Board and the new Officers and Directors were announced.

After the awards we had a New Year Gift Exchange. It was fun to see who would keep their gift and who would steal a gift. It was surprising how many kind people we have that would not steal but would go get a new gift.

All and all it was a lot of fun.

Hope to see you at the next CPAR event February 13th.

By CPAR eNews Roving Reporter Deborah Catterton Charles Rutenberg Realty

CPAR...always learning

EDUCATION SESSIONS

JANUARY 16th

Pebble Creek Golf Club 10550 Regents Park Dr, Tampa

CPAR LAUNCH

Get introduced to the power of Realtors Property Resource Give Us An Hour and a Half…We’ll Give You 160 Million Reasons to Use RPR.

Get introduced to the power of Realtors Property Resource: a database of over 160 million property records built from public record and assessment information. Then, MLS data is added, vital information to create the exclusive RVM – the most reliable valuation model available.

On this foundation, RPR adds layers of data integrations including mortgage, lien data, plat maps, flood zone maps, school information, just to name a few!

Generate comprehensive buyer and seller reports in seconds, and provide powerful analytics to determine values and list prices. This NAR member benefit is yours as a member of the Central Pasco Association of REALTORS and NAR; don’t miss these sessions to take advantage of this great new member benefit at no additional cost to you.

SPEAKER: ChrisT DeWald RPR Market Manager

What is RPR • Hundreds of datasets on over 160 million properties right at your finger tips. Whether in your office, or on the go, RPR provides easy access to detailed property and market information, leaving you at the center of the transaction...right where you belong. The best part? It’s included in your NAR member dues, so there is no additional cost. Period.

• All the data you need, all in one place. Stop visiting numerous sites to gather all the information you need on a property. Hundreds of datasets are all at your fingertips in RPR.

• Maps you can really use, and data to back them up. School attendance zones, FEMA flood maps, demographic information, thematic maps, heat maps and more are available in RPR. Easily navigated, these maps allow you to present an impressive display of data to your clients.

• Features and tools designed by REALTORS® for REALTORS®. This is your tool. It needs to be effective, user friendly and allow you to be more productive. That’s why we rely on REALTORS® to help design tools, like our Comps Analysis and Property Investment Analysis tools.

• The best reports in the business. With RPR reports, your clients will appreciate the insightful data arrangements, and you’ll appreciate the speed and convenience!

REGISTRATION: $5.00 RESERVATION DETAILS: Prepay at www.CPARFL.com or Email info@CPARfl.org CLICK for MAP

TIME: 1st Session: 10:30 am 2nd Session: 1:00 pm Lunch: 12:15-1:00 pm

HOW VERIZON FIOS TECHNOLOGY CAN EARN YOU $100 Verizon, is a name we all know and have grown to trust in telecommunications. As a Real Estate Professional who has an intrinsic knowledge of those individuals who are moving, Verizon has dedicated an entire program to you, The Agent Rewards Program! Through the Real Estate Professional, a prospective buyer learns that a home they are purchasing is equipped with the Fiber Optic technology that is sweeping the nation, FiOS. This superior technology provides ridiculously fast internet speeds, beautiful HD quality television and unbelievably clear calling. With the advent of multiple lines, devices, gaming and home office this technology has become a benefit to homes. In other words, a dedicated direct fiber to the home provides “Value Added Benefits” to a home much like wood floors or a pool. The Agent Rewards Program does reward Real Estate Professionals who are enrolled with a $100 Visa Reward Card for referring their buyers to Verizon for new service (buyer must elect two of the three products Verizon offers). The buyer will benefit as well by receiving promotions dedicated to their move.

If you are a Real Estate Broker or Agent and want to begin earning today please contact Debbie Edwards for more information at 813-928-2465.

The Brightest and Best Making a Difference for You!

Deborah Farmer PMN, ePRO

Broker/Owner • 813.310.0444

Ruth Peeples Account Executive cell 813-240-4277

A WEEK of MY LIFE as a REALTOR® in TAMPA “Have closing scheduled for 3:30 PM Friday on Apollo Beach my listing – cash deal.

Now Buyers don’t have the cash. Have to get a mortgage moved closing to next week.”

My Listing in Lutz went under contract to close end of month; now buyers relocating from Texas have moved up to close Friday at 2:30P. Excellent.

Apollo Beach listing now has to get an appraisal. It came in - $40,000 under sales offer. Battled appraisers for 2 days 14 hours on Monday, 12 hours on Tuesday, all of today. Did their entire appraisal comp work. What the heck are they thinking? Are we looking at the same market? Deal fell apart. Cancelled closing.

My Lutz Listing appraisal came in same day as Apollo Beach - $320,000 - $25,000 under offer. It is not my day. Battled appraisers for another two days and lender. What the heck are they thinking? This house appraised two months ago for $350,000 full price and we have put on a new roof since then. Nothing has changed but that! But they have control and don’t care so that is that. They basically say they are not paid to care. Take or leave it. Deal fell apart. Cancelled closing on Friday.

Apollo Beach Buyers really want house originally willing to pay cash at $440,000. Appraisal came in at $400k. Today they offer to pay $10k over appraisal for $410k total. It’s a great deal for them. Gut wrenching last 48 hours. 8PM tonight my sellers agree to take the $410k. Closing back on (I have no idea at this point when that is or even where I am and who am I representing? I have to keep track.)

Lutz Listing buyers are relocating from Texas to close and move in on Friday. They are desperate. Today they offer to split the difference on the appraisal deficiency and settle at a $345,000 sales price. Everybody coughs up $12,450. Sellers agreed at 9:30 tonight even though it is heartbreaking for them to lose money like this. We think the closing is back on for Friday at 2:30. I am not sure because I think a train has run over me.

None of us ever dreamed we would have appraisal issues on either of these properties. My comps brought both of them in at or above our listing prices.

Oh and at the same time, I have a listing in Seffner that is headed to become a short sale, but we are throwing a “Hail Mary” with a list price that will bail out my Seller. It is highly doubtful this will sell at this price and it definitely will not appraise at my list price but who knows we might get lucky with a cash buyer.

The Seffner Listing goes under contract in Seffner. List price $167,000. Sales price $169,000 because seller is contributing to buyers closing cost. A nightmare waiting to happen. Appraisal comes in at $168,000. Holy cow. It closed and my Sellers think I walk on water……..maybe just sometimes if it’s raining I can.

“I don’t think I can live through another week like this one”.

Uh oh… Another of my Lutz listings just went under contract. Listed at $356,900. Contract at $345,000…..let’s bet on that appraisal.

Deborah Farmer PMN, ePRO Broker/StarLight Realty

MFRMLS FACTS YOU NEED TO KNOW

Have You Kept Up With MFR Rules Changes and Know the Penalties?

DIRECTOR Dwight McDonald International Realty Plus Tampa Bay EmailMyBroker@verizonnet

We have all received notices from MFR from time to time that our listing may not be compliant for one reason or another, i.e. listing expiring, short sale verbiage, etc. But did you know that there are much more serious or easily overlooked violations that could cost you thousands of dollars for “doing business like you’ve always done it”?

Attached is the fine matrix being recommended to the MFR Board of Directors by the Policy Committee. MFR will be proposing some changes for more consistency for the time the members have to correct an error in the MLXchange system and to define penalties where needed.

Changes and updates are constantly being made to the rules for much more than the usual Short Sale and AWC updates. If you haven’t read this document lately, I encourage you to do so. It could save you from making a seemingly harmless mistake, that could cost you many hard earned dollars.

There is a quick link to the complete document online. After you log into the MLX: go to your Home page; look in the Resources block; Expand your MLS Links, then click on MFR MLS Rules and Regulations.

Happy reading and stay safe.

Dwight McDonald

MFRMLS FACTS YOU NEED TO KNOW The Details

MFRMLS ‐ Fine Details Rule Pending Listing with Past Expected Closing No Photo Invalid Directions Branded Virtual Tour Incomplete Housing for Older Persons Incomplete Short Sale Documentation Invalid Address Field Contact info in Directions URL In Direction Open House in Directions Active with Backup In Remarks Active with Backup in Directions Active with No Showings in Remarks Active with No Showings in Directions Open House in the Remarks Field Active With Contract Listing Procedure Invalid Compensation Invalid Tax ID Format Missing Room Dimensions Invalid Virtual Tour Contact Info in Remarks URL In Remarks CBS Code in Remarks Use of Listing content other than IDX Combo Code in Listing Invalid Zipcode Invalid Address Invalid Sold Price Allowing unauthorized access Incorrect Listing Status Closing out more than one listing classification for the same property Failure to obtain owner(s) of record signature Images not licensed or purchased by the listing agent Use of contact information Not correcting listings after a fine has been paid

Warning vs Automatic Fine Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Warning Hearing Automatic Fine Automatic Fine Automatic Fine Automatic Fine Automatic Fine Automatic Fine

Days To Correct Error 5 Business Days 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 1 Business Day 24 hours 24 hours 24 hours 24 hours 24 hours 24 hours

Hearing Automatic Fine Automatic Fine Automatic Fine Automatic Fine Automatic Fine Automatic Fine

Fine Amount $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50

$100 $100 $500 $100 $1,000

Repeat Offender Amount $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $100, $250, $500 within a 2 yr period; 4th offense = hearing $500, $5,000, Hearing

Hearing and fine up to $5,000 $200 within a 2 yr period. 4th Offense = $1,000 and hearing $200 within a 2 yr period. 4th Offense = $1,000 and hearing $2,500 each occurrence $200, $500. 4th Offense = $1,000 and hearing $5,000 within a 2 yr period $25 Each Week Listing Is Not Corrected, Up to 30 Days

Things Have Changed!

CPAR...always learning

EDUCATION SESSIONS

Thursday Pebble Creek Golf Club FEBRUARY 13th 10550 Regents Park Dr, Tampa TIME: 11:00 am to 1:30 pm

CONTRACT & TITLE UPDATES for 2014 An Indepth Overview of a Contract Learn about the new changes in FARBAR13, Common Missteps, FAQ’s and participate in a Q & A with Attorney James Holloway.

FOCUS will be on:

• Contract Basics

• Know your Craft

• Don’t get hung with a Legal Loophole James T. Holloway – Jim is a graduate of University of Florida and the University of Florida College of Law where he graduated with honors in 1993. Jim served as the Vice President of the Eighth Circuit Young Lawyers Division and on the Board of Directors of the Eighth Circuit Bar Association. In 1998 he moved to Tampa and joined the Alley & Ingram law firm. His practice focused on civil litigation and he became a partner in that firm in 2001.

With a desire to get back to his real estate roots, in 2006 Jim joined Bayshore Title as in house counsel. He has worked as in house counsel for Hillsborough Title for over 2 years and lives in Tampa with his wife Debbie and their two children, Hunter and Hannah.

Sponsored by REGISTRATION: $5.00 includes LUNCH RESERVATION DETAILS: Prepay at www.CPARFL.com or Email info@CPARfl.org

JUST IN from MFRMLS...

New Form Required for Exempt Listings

AE Corner

Despite advising your client about the potential impact of not sharing their listing in the MLS, your seller may choose to opt-out, as authorized in the MFRMLS Rules and Regulations.

Effective January 1, 2014, sellers who request to have their listings exempt from inclusion in the MLS are required to sign the Owner’s Waiver of MLS Entry form to comply with MFRMLS Rules and Regulations. Signatures are also required from the listing broker and agent.

The updated form will: Ensure that the seller understands that their listing will not be in the MLS. Affirm that the listing broker is in compliance with the MFR Rules and Regulations.

The Owner’s Waiver of MLS Entry form is required to be submitted when the listing is input into the MLS (with a two-day grace period extending from the listing date).

Executed forms should be emailed to listingwaiver@mfrmls.com.

If the form is not signed and submitted when the grace period ends, an automatic fine will be assessed to the member’s account. To review the exempt listing policy, including the fine structure, click here. (http://mfrmls.myismart.com/articles/search?q=article+5.11)

Lou Molnar, Broker (813 484-5211 www.Lou-Molnar.com How Can We Help You? Wesley Chapel (813) 973-2240 Land O’Lakes (813) 996-4747

new member

WELCOME

MEMBERSHIP RECOGNITION

Member count as of Jan. 15, 2014: TOTAL – 213 Primary – 177 Secondary - 36

New Realtor® Members Action 100 Realty

Kroft Real Estate

Sonia Lavina

Michele Kroft

Exit Success Realty

People’s Choice Realty

Carol Ridlon

Andrew Cherry

Homeward Real Estate

Prudential Tropical Realty, Wesley Chapel

George Leone

Keith Oster Dawn Walls

International Realty Plus - Tampa

Joanna Ercia Mendoza

Realty Direct Tampa

Maury Dailey, Broker

“Inspecting the world, one home at a time!”

America’s Premier Inspection Service Experience our Service, Integrity and Professionalism

Call 813.973.2004

Fred Tonte

Owner/Inspector

Lynne Tonte

Owner/Marketing

or email: csi.npi@verizon.net

• Residential • Commercial • Insurance Inspections • 203k Consultants

www.npiweb.com/tonte

CPAR...always learning

EDUCATION SESSIONS

Wednesday Pebble Creek Golf Club FEBRUARY 26th 10550 Regents Park Dr, Tampa TIME: 11:30 am to 1:00 pm

MAKE & KEEP MORE MONEY in 2014 How to Maximize Your Income Tax Time is fast approaching. Christy Hicks will show you how to maximize your income by making sure your Tax Returns are filed correctly for you as a Real Estate Agent for maximum benefit.

Verizon FIOS has a fabulous new program for Realtors速 and their clients!

CHRISTY HICKS Sales Manager 14 years with PAYCHEX

Eligible agents can earn their clients a $200 gift card just for signing up with FIOS when they move.

Agents can earn a $100 gift card just for referring new customers connect with FIOS. Learn the benefits of high speed internet.

DEBBIE EDWARDS with VERIZON Sponsored by

REGISTRATION: $5.00 includes LUNCH RESERVATION DETAILS: Prepay at www.CPARFL.com or Email info@CPARfl.org

A NEW YEAR... A NEW DIRECTION...

ATTENTION REAL ESTATE AGENTS & BROKERS

READY FOR A CHANGE? See What CPAR Offers You!

Join Central Pasco Association of REALTORS® (CPAR) Save Money and Get Fast, Friendly Service

ON ATTENTEIRS! BROK nts

ge for New A - Fast Start up costs rt a ew ey for st n o m ent) get n ss e L y appointm (b s n o ti - Orienta er work fast ues for agents to condary d se d n a ry a m - Low pri g brokers transferrin hoice…

Board of C l ca o L s w EALNAR allo location, R ce ffi o f o al estate regardless the local re se o o h c y a ng .

TORS® m ant to belo ich they w h w to rd bo a

CPAR offers many of the same benefits as other local real estate boards: - MFRMLS membership - Supra Lockbox (no need to transfer and no waiting to purchase lockboxes) - Active key, ekey (no waiting for key activation) - Professional Development Education that comes to you at convenient local areas - Discounts on license renewal education and CE credits - No late fees on membership dues if paid on or before December 30, 2013.

- Office convenient to North Tampa, New Tampa, Wesley Chapel, Central and East Pasco Compare Association Dues

APPLICATION & Information

CLICK HERE

CALL: 813.406.6081 Central Pasco Association of REALTORS® OFFICE ADDRESS: 27642 Cashford Circle, Suite 110 Wesley Chapel, FL 33544

CPAR(1)

Membership Dues & Fees

GTAR(2)

central pasco association of REALTORS®

EPAR(3)

PRO(4)

WPBOR(5)

Local Dues Primary Membership FR Dues & Issues Advocacy

75.00 126.00

120.00 126.00

115.00 126.00

168.00 126.00

170.00 126.00

NAR Dues & Public Awareness Campaign Assessment

155.00

155.00

155.00

155.00

155.00

356.00

401.00

396.00

449.00

451.00

Application Processing Fee - New Member Local

75.00

195.00

110.00

150.00

Application Processing Fee - New Member - FR

30.00

30.00

30.00

30.00

30.00

Affiliate Business Partner Membership Primary

90.00

195.00

150.00

250.00

250.00

Total

(1)

Information obtained from CPAR 10/19/13 (2) information obtained from GTAR.org 10/19/13 (3) Information obtained from EPAR.us 10/19/13 (4) Information obtained from PinellasRealtor.org 10/19/13 (5) Information obtained from West Pasco Board of Realtors and WPBOR.com 10/19/13

CPAR...always learning

EDUCATION SESSIONS How Much Protection Does the Protecting Tenants at Foreclosure Act (PTFA) Actually Provide?

Purpose and Overview of the PTFA:

Originally enacted on May 20th, 2009, the Protecting Tenants at Foreclosure Act (PTFA) provides renters with federal protections in the event that landlords lose their rental units to foreclosure. Prior to PTFA, renters in various states throughout the country experienced termination of their leases at foreclosure, and thus, maintained limited rights relative to evictions initiated by the succeeding property owners. In response to this problem, Congress adopted the PTFA nationwide, covering all dwellings and “federally related mortgages.” According to David Rammler of the National Law Housing Project, the PTFA extends to essentially 99.8% of all mortgages. The PTFA acts to override less protective state laws, while not preempting laws that afford tenants stronger protections.

The tenant protection provisions under the PTFA provide that “any immediate successor in interest” in a foreclosed property, including a bank that takes title to a house upon foreclosure, will assume the interest subject to the rights of any bona fide tenant and will need to comply with certain notice requirements. For purposes of § 702(b) of PTFA, a lease or tenancy is considered bona fide if the tenant is not the mortgagor, the mortgagor’s child, spouse, or parent, the lease is the result of an arms-length transaction, and the rent due under the lease is not substantially less than market rent, unless then rent is reduced by a subsidy.

Tenants residing in foreclosed rental units must be given a minimum 90 day pre-eviction notice by the “successor of interest,” the entity that takes clear legal title after foreclosure.

Tenants also must be permitted to stay in the residence until the end of their leases, with two exceptions: (1) when the property is sold after foreclosure to a purchaser who will occupy the property as a primary residence or (2) when there is no lease or the lease is terminable at will under state law.

How Much Protection Does PTFA Actually Provide?

Though the purpose of the PTFA is to heighten the extent of protection afforded to tenants nationwide, a recent case out of the 9th Circuit Court of Appeals, Logan v. U.S. Bank National Association, suggests that the extent of protection may not be heightened at all. In January of 2013, Karen Logan, a tenant, filed an action seeking injunctive relief and damages after the lender filed an unlawful detainer action against her in state court without giving her 90 days’ noCONTINUED next page

How Much Protection...con’t tice to vacate the foreclosed property as required by the PTFA. The Court affirmed the dismissal of the complaint, determining that the PTFA only provides tenants with federal defenses to eviction. The Supreme Court has repeatedly held that private rights of action, similar to substantive federal law, must be created by Congress. The Court concluded that the PTFA does not create a federal ejectment claim or any private right of action. The court held that the tenant did not have a cognizable claim under the PTFA, as the Act does not, either explicitly or by implication, evince a congressional intent to create a private right of action.

Though the ultimate purpose of the PTFA is to benefit tenants, the statute is silent as to any real and attainable remedy for tenants. Logan argued that the title of the statute – “Protecting Tenants at Foreclosure Act of 2009” – evinces sufficient congressional intent to create a federal right in favor of tenants of foreclosed properties. However, courts have ruled that the title of the statute does not decipher congressional intent nor can it control the plain meaning of the statute.

Debbie Edwards Agent Rewards Manager Marketing & Sales Support 610 Zack St. Tampa, FL 33602

debbie.edwards@verizon.com

Phone 813.483.2210 Mobile 813.928.2465 Fax 813.225.4297

Accordingly, based on the Logan decision, it doesn’t seem that tenants are afforded an adequate remedy where he or she is not given the requisite notice after foreclosure.

Mercedes Hale is Managing Partner and Cristen Messina, Esq. is an Associate Attorney with the Law Offices of Mercedes Gonzalez Hale, P.A. and can be contacted at (813) 973-8900.

Visit at www.mghlaw.com as well as Facebook and Twitter pages for updates on real estate law.

Logan v. U.S. Bank National Association, 722 F.3d 1163 (9th Cir. 2013).This is a California case. Florida courts have not provided any direction as to whether tenants have a private right of action under Florida law.

Good News for Florida Home Sales from New York!

by Sean Hannity, Radio and TV Talk Show host

Disclaimer: The views expressed, are not necessarily a reflection of the views of the Central Pasco Association of Realtors or of this eNewsletter or Editorial Staff

CPAR-tee

March 4th

Join Us for an After Hours Social Mixer March 4, 2014 - 5:30pm -7:30pm Ciao Italian Bistro Shoppes at Wiregrass 2001 Piazza Ave, Wesley Chapel Cost is ZERO, but everyone pays for their own drinks, appetizers are provided by Sponsors

Thanks to our Sponsors Universal Land Title - Ruth Peeples Tampa Home Inspection - Bobb Courtman Prime Lending - Scott Goldsborough Hillsborough Title - Kim Martin First National Bank of Pasco - Angela Miller Sun ‘n Fun Realty - Toby Caroline Mason Title - Mary Turner Loan Simple - Florida Mortgage Advantage - George Cooper Security National Mortgage - Ray Williams Ierna’s Heating and Cooling - Julie Rinaldi Verizon - Debbie Edwards

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10 Marketing Must-Dos for 2014 Having assessed 2013’s marketing prediction hits and misses, we’ve put together this checklist to help you keep your marketing on track in 2014. Print it out, hang it next to your desk, and tick off the boxes as you reach new marketing milestones.

1) Stop Running Campaigns The traditional marketing campaign -- with its established start and stop dates -- is on its way out. The new model? Real-time marketing based on the consumer’s schedule, not yours!

2) Let Inbound Spread Throughout Your Company Attracting customers through creating content and adding value isn’t only for marketers. Let this be the year you spread the inbound love to other departments (like sales).

3) Stop Sending “Email Blasts” Hitting everyone on your list with the same, blanket email won’t cut it in 2014. Instead, segment your list according to behaviors/preferences and send personalized emails.

4) Invest in Content to Improve SEO Google can now recognize full-question searches (instead of just specific keywords). To take advantage, answer the questions your customers are asking with compelling content.

5) Boost Your SEO with Social Social signals and recommendations are now among the most important ranking factors in Google results. So, to give your SEO a boost, focus on getting those “+1s” and “likes.”

6) Close the Loop Being able to track visitors to leads to customers is a magic bullet for inbound marketers.

Armed with this closed-loop reporting, you can truly see what’s working and what isn’t.

7) Encourage Audience Participation While audiences were once passive listeners, they now regularly create and share media via social. The next step? Encouraging audiences to help with product planning and creation.

8) Be a Good (Social) Listener “Social listening” means more than simply trolling networks for keywords and trigger events.

The best listeners develop lists of prospects and engage with them human-to-human.

9) Be a Holistic Marketer Consumers have all the power, and they research and buy across many platforms and screens. Instead of focusing on a specific channel, focus on delivering a holistic experience.

10) Have Doubts, Question Everything 2014 is the year of self-doubt: a year when we as marketers should look at what we’re doing and ask, “Why?” The more you question, the more you’ll learn, and the more you’ll improve.

Market Report

Fraud Scheme to Steal Money from YOUR Account This is a current fraud scheme which has been operating in several areas of Florida and which seems to be spreading. The scheme works like this:

6. This email fraudulently directs the holder of the deposit to wire the deposit to an entity owned by the fraudsters. The name of this entity is designed to appear to be a closing or title agency office.

4. The fraudsters send an email to the entity holding the deposit from the realtor’s email address. This email appears genuine in every way. It will have the realtor’s normal signature, links to their social media pages, and show the realtor as the sender.

Be especially cautious when the wiring instructions reference a bank branch or entity located outside of Florida.

7. If the deposit holder wires the funds as requested, that money is then gone for good – it has been stolen from the 1. Realtors’ email accounts (often gmail or hotmail accounts) deposit holder’s account by fraud. are hacked into without their knowledge.

What can you do to avoid becoming a victim of this 2. Then, the scammers continuously search the emails for scheme? discussions of upcoming closings.

Always verify emails asking you to transfer deposits by phone 3. When they have learned enough about the upcoming with the realtor and all parties involved in the transaction. closing (such as the amount of the deposit, names of one or both parties, the identity of the entity holding the deposit), Use only known, legitimate phone numbers (not phone they strike! numbers obtained from the deposit transfer request email).

Be on the lookout for responses to emails you have not sent.

These response emails may be an indication that your email accounts have been hacked.

5. This email will also often have legitimate attachments (e.g.

Source: (c) 2014 Fidelity National Title Group the escrow disclosure and agreement or the purchase and Florida Agency Operations sales contract) which match the documents in your file.

North AmericAN title compANy 2918 W. Kennedy Blvd | Suite 201 Tampa, FL 33609 t: 813.243.8943 f: 866.243.6537

tAmpA BrANch christiAN rAvA BusiNess coNsultANt c: 813.470.9047 e: crava@nat.com www.nat.com/christianrava

MLS Updates … from Lynn Mooney The Nation’s Housing: A useful rule on appraisals

Mark these dates on your Calendar – April 21-22-23, 2014 - Matrix will launch to the membership.

• CPAR training dates for Matrix will be announced soon.

• Coming in February, the Realist Smart Link.

• Time to review and update your MLS member and consumer websites

– before you receive a notice to do it.

MLS Compliance 101 - ALL members are required to complete MLS Compliance 101 every 2 year period. (April 1st 2012 – April 30th 2015) Extended due to launch of Matrix. Yes, you do have to take this class before April 30th 2015, no matter how long you have been a user.

NOTE: Expected Closing Date cannot be more than one-year out – courtesy reminders will be sent to extend date.

GMM

Thursday, FEBRUARY 6th • 11:30am

EVENT

Pebble Creek Golf Club 10550 Regents Park Dr, Tampa

INSPECTIONS...TheCurrent Issues What you need to know about Inspections is MORE than how much they cost.

This will be an open forum for discussions about • Current Inspection Issues • 203k Inspection • Wind Mitigation • 4 Point Inspection and • Q&A Session on Inspection & Discussion Topics

SPEAKERS: Fred & Lynne Tonte • Licensed Home Inspector • ASHI Certified • 203k Consultant Certified

DID YOU KNOW...

The Nation’s Housing: A useful rule on appraisals WASHINGTON -- A new federal rule could give millions of homebuyers insights they’ve never had before about a crucial element of their mortgage application: the appraisal, including the electronic cross-checks and reviews now used by lenders to determine the amount of the loan they’ll approve.

The new rule will also give buyers the time and ammunition to challenge appraisals they suspect contain errors. Starting this weekend (Jan. 18), lenders nationwide will be required to inform mortgage applicants that they can receive a free copy of whatever appraisals, reviews, computer valuations and other data are used in the transaction. You’ll be entitled to see this material “promptly” after the appraisal report is completed, or three days before your loan closes, whichever is earlier. The lender will have to inform you of your new rights within three business days after receipt of your mortgage application.

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