Thursday, November 02, 2006

FYI E-NEWS IN NOVEMBER

ENVIROMENTAL DATA RESOURCES AND REPORTS

Third-Party Disclosure Legislation Provides Confusion – Clarity Coming!

Last legislative session, HB 2779 allowed a seller of real property to authorize a third-party company to produce a limited disclosure statement on their behalf. The legislation also required that companies providing these reports had to possess $10 million dollars worth of insurance as well as indemnify parties to a real estate transaction in the event their disclosure report contained en error. What started out as a very simple law and a limited disclosure report, became confusing for REALTORS® and their clients. Third-party companies have been marketing the new law to real estate stakeholders as the new law requires compliance or that it is mandatory to purchase third-party disclosure reports(NOT TRUE). In the upcoming 2007 Legislative Session, AAR will either be seeking a repeal of the recently enacted law or amend it to prohibit false marketing efforts to real estate industry partners and sellers. If you have recently received marketing material by a third-party company that seems suspect, please forward a copy to AAR and your Broker/Manager.

TECHING UP WITH COMPUTER FAXES

In the real estate business, we are always faxing things back and forth on every transaction. If you have a computer and printer, you can easily have a fax as well.

There are several places you can go to get this service, but
www.GODADDY.com is a good source and easy to use. Just go to the main page, find the Business Button on green task bar, move arrow over, get drop down, click on FAX THRU EMAIL. You can get an 800 fax number or a local fax number; you can get different size usage programs, depending on your fax volume. When you get a fax, it comes straight to your email address as an attachment. You can then save it to your clients file, print it or forward it, or all of the above. Your monthly expense is about the same as getting an additional phone line to your house or office, without having to buy a fax machine and all those ink cartridges. A lot of agents will have a traditional fax, as well as an e-Fax. The advantages and conveniences will surpass the expense.

COMPANY’S HOLIDAY GET TOGETHER – COMING SOON

Vickie has already started to work on the Holiday Company Party and the date is Dec 15th on a Friday. Please keep this date open, if you can. You will receive more info as the event gets closer.
KEEP THOSE AGENTS COMING
Don't forget to keep sending your agent prospects to Vickie O'Neil, Director of Agent Services. She is always looking for new REALTORS and BROKERS for 'The Company'.
Have a Great Day - WMS / DB

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