2008 July Minutes

Minutes of the Member Services Committee Eastern Connecticut Association of REALTORS®, Inc.
July 24, 2008

In attendance: Lisa Royea, John Bolduc, Debra Chamberlain, Sharon Craig, Dennis Palmer, Leslie Robbins, and Donna Yother.
Absent: Carol Christiansen, Jon Peck, and Vivian Torregrossa.

Lisa Royea called the meeting to order at 9:10 A.M.

It was moved, seconded and carried to approve the June 26, 2008 minutes.

It was moved, seconded and carried to authorize the Chair to approve the final details of the Workout World member benefit proposal and to recommend the benefit for approval by the Board of Directors.

It was agreed to further develop the ambassador program and to begin work on a communication plan at the next meeting.

The meeting adjourned at 10:08 A.M.

There will be no committee meeting in August. The next meeting will be on September 25, 2008 at 9:00 A.M.

Respectfully submitted: John Bolduc, Executive Vice President


 

Minutes of the Political Action Committee Eastern Connecticut Association of REALTORS®
July 23, 2008

In attendance: Robert Kimball, John Bolduc, Debra Chamberlain, Lora Merrill, and Thomas Switz.
Absent: Donata Delulio Joseph Presslitz, and Paula Woodward.

Robert Kimball called the meeting to order at 9:07 A.M.

It was moved, seconded and carried to approve the minutes of the June 25, 2008 meeting.

It was moved, seconded and carried to investigate adding RPAC to the annual dues billing.

It was moved, seconded and carried to recommend to the Board of Directors that the Board recommend that the Connecticut Association of REALTORS® support legislation that home addresses of real estate licensees not be publically available on the Department of Consumer Protection’s web site.

It was moved, seconded and carried to request that all committee chairs add requests for RPAC donations to the committee agendas through September.

Members of the committee were assigned names of 2007 RPAC donors who have not yet given in 2008.

The meeting adjourned at 9:45 A.M.

The August 27, 2008 meeting is cancelled. The next meeting will be on September 24, 2008 at 9:00 A.M.

Respectfully submitted: John F. Bolduc, Executive Vice President


Minutes of the Board of Directors of the Eastern Connecticut REALTORS® Information Service, Inc.
July 17, 2008

In attendance: Susan Barnhouser , John Bolduc, Bruce Brast, Frank Busch, Merry Cassabria, Debra Chamberlain, Carol Christiansen, Cathy Duprey, Heather Edge, Paul Higgins, Marilyn Lusher, Lora Merrill, Samantha Storey, Vivian Torregrossa, and John Vincent.

Absent: Paul Ciccone, Linda Davis, and Fran Waite.

President Susan Barnhouser called the meeting to order at 10:32 A.M.

CONSENT AGENDA: It was moved, seconded and carried to approve the consent agenda which included:

Approval the minutes of the May 22, 2008 ECRIS Board of Directors meeting.

Approval of the May 31, 2008 Financial Statements subject to audit.

PRESIDENT’S REPORT:

EXECUTIVE VICE PRESIDENT’S REPORT: It was moved, seconded and carried to approve the following policy with regard to unpaid fees and to add the following wording in bold to Section 3 transfer section of the Member Change Form: I understand that I may be responsible for any unpaid fees and charges that this member has incurred.

The current Designated REALTOR® (or the former Designated REALTOR® in the case where a member does not re-associate with a new firm) is responsible for payment of unpaid fees for the member.

COMMITTEE REPORTS:
UNFINISHED BUSINESS:
NEW BUSINESS:

There being no further business, the meeting adjourned at 10:47 A.M.

The next scheduled meeting will be on August 28, 2008 at 9:00 A.M. at the Eastern Connecticut Association of REALTORS®.

Respectfully submitted: Debra Chamberlain


Minutes of the Board of Directors of the Eastern Connecticut Association of REALTORS®, Inc.
July 17, 2008

In attendance: Susan Barnhouser , John Bolduc, Bruce Brast, Frank Busch, Merry Cassabria, Debra Chamberlain, Carol Christiansen, Cathy Duprey, Heather Edge, Paul Higgins, Marilyn Lusher, Lora Merrill, Samantha Storey, Vivian Torregrossa, and John Vincent.

Absent: Paul Ciccone, Linda Davis, and Fran Waite.

President Susan Barnhouser called the meeting to order at 9:03 A.M.

CONSENT AGENDA: It was moved, seconded and carried to approve the consent agenda which included:

Approval the minutes of the June 19, 2008 ECAR Board of Directors meeting.

Approval the minutes of the June 19, 2008 ECAR Board of Directors Executive Session.

Approval of the June 30, 2008 Financial Statements subject to audit.

Approval of the new REALTOR® Agencies.

PRESIDENT’S REPORT: It was moved, seconded and carried to approve the following as members of the Nominating Committee:

John Vincent, Chairman, Carol Christiansen, Marilyn Lusher, Jan Zacharski, and Thomas Switz

It was moved, seconded and carried to accept William Champagne’s resignation from the Grievance Committee with regret.

It was moved, seconded and carried to approve Joanne Pendleton as a member of the Grievance Committee with her term expiring at the end of 2008.

PRESIDENT ELECT’S REPORT:

EXECUTIVE VICE PRESIDENT’S REPORT: It was moved, seconded and carried to suspend the membership of any Designated REALTOR® who has not paid non-member licensee fees by July 31, 2008.

COMMITTEE REPORTS:

FORMS COMMITTEE: It was moved, seconded and carried to refer the investigation of offering webinars for the Purchase & Sale Agreement Seminar and other future appropriate topics to the Technology & MLS Committee.

HOUSING OPPORTUNITY COMMITTEE: It was moved, seconded and carried to allocate $10,000 for 2008 to provide matching grants of up to $500 to employees of employers that provide financial assistance to employees under the Home From Work program.

UNFINISHED BUSINESS:
NEW BUSINESS:

There being no further business, the meeting adjourned at 10:26 A.M.

The next meeting will be on August 28, 2008 at 9:00 A.M. at the Eastern Connecticut Association of REALTORS®.

Respectfully submitted: Debra Chamberlain, Secretary


Minutes of the Finance Committee Eastern Connecticut Association of REALTORS®
July 14, 2008

In attendance: Gail Whitney, Ronald Bates, John Bolduc, Bruce Brast, Robert Kimball, Norm Krayem, Patricia Rodgers-Longo, Thomas Switz, and John Vincent.
Absent: Linda Davis.

Vice Chairman Thomas Switz called the meeting to order at 9:03 A.M.

Gail Whitney arrived and assumed the Chair.

It was moved, seconded and carried to approve the minutes of the June 9, 2008 meeting.

It was moved, seconded and carried to approve the June 30, 2008 ECAR Balance Sheet and Income Statement subject to audit.

It was moved, seconded and carried to approve the June 30, 2008 ECAR Charitable and Education Fund Balance Sheet and Income Statement subject to audit.

It was moved, seconded and carried to approve the June 30, 2008 ECRIS Balance Sheet and Income Statement subject to audit.

It was moved, seconded and carried to recommend to the Board of Directors that $10,000 be allocated for 2008 to provide matching grants of up to $500 to employees of employers that provide financial assistance to employees under the Home From Work program. The vote was 6 in favor and 1 opposed.

It was moved, seconded and carried to combine the ECAR and ECRIS budgets for 2009, subject to the tax rates for unrelated business tax income not exceeding the tax rate for a for profit corporation.

It was moved, seconded and carried to use 1,200 as the membership number for the 2009 budget.

It was moved, seconded and carried to discuss a dues installment payment option in the spring of 2009.

It was moved, seconded and carried to prepare a 2009 budget that includes the lockbox DisplayKey fee in the ECAR dues.

It was moved, seconded and carried to allocate $100 for the Finance Committee in the 2009 budget.

The meeting adjourned at 10:35 AM.
The next meeting will on August 11, 2008 at 9:00 A.M.

Respectfully submitted: John F. Bolduc, Executive Vice President


Minutes of the Housing Opportunity Committee Eastern Connecticut Association of REALTORS®
July 11, 2008

In attendance: Marjorie Blizard, John Bolduc, Judy Twitty, Gail Whitney, and Shirley Wright.

Absent: Bradford Collins, Betsey Gibson, Mary Nasi, and Stella Neves-Elbaum.

Marjorie Blizard called the meeting to order at 9:06 A.M.

It was agreed to approve the minutes of the June 13, 2008 meeting.

It was agreed to make presentations to the Groton and Putnam City/Town Councils.

It was agreed to add the following programs to the NAR Housing Opportunity web site:
Jobs Go Home to Houses Media Campaign
Home From Work program
Community Outreach to Chambers of Commerce and City/Town elected officials

ECAR Housing Opportunity web page

Housing Opportunity Committee

It was agreed to request that the Finance Committee allocate $10,500 for the 2009 Housing Opportunity Committee budget for one seminar and the Home From Work Grant program.

The meeting adjourned at 9:55 A.M.

The August 8 meeting is cancelled. The next meeting will be on September 12, 2008 at 9:00 A.M.

Respectfully submitted: John F. Bolduc, Executive Vice President


Minutes of the Community Relations Committee Eastern Connecticut Association of Realtors®, Inc.
July 8, 2008

In attendance: Samantha Storey, Cheryl Auerbach, Patrick Baxter, John Bolduc, Donna Jean Breton, Carol Christiansen, and Susan Rich.
Absent: Tammy Boles-Senkewitcz, Joan Casey, Ellen Foley, Lainie Holder, Catherine Howard, Marilyn Lusher, Catherine Newlin, Martha Parrette-Pray Brooke Pickett, James Ryder, and Jacqueline Thurman.

Samantha Storey called the meeting to order at 1:14 P.M.

It was moved, seconded and carried to approve the minutes of the June 3, 2008 meeting.

Gift certificates from the Taj Boutique and Marvel Home Decorating were received.

It was moved, seconded and carried to request that the Finance Committee allocate $1,000 for the Community Relations Committee 2009 budget.

There being no further business, the meeting adjourned at 1:37 P.M.

The next meeting will be on August 12, 2008 at 1:00 P.M., not on August 5 as originally scheduled.

Respectfully submitted: John Bolduc Executive Vice President


Minutes of the Technology & MLS Committee Eastern Connecticut Association of REALTORS®
July 8, 2008

In attendance: Marvin Elbaum, Ronald Bates, John Bolduc, Frank Busch, Eric Greenstein, Paul Higgins, Lucien Laliberty, and Masha Robarts.
Absent: Patricia Erricson Daniel Sperduto, Sandra Thompson, and Fran Waite.

Marvin Elbaum called the meeting to order at 9:05 A.M.

The committee met with Quinn & Geller to discuss the vision and the details of site map for the new web site.

It was moved, seconded and carried to approve the minutes of the June 3, 2008 meeting.

It was moved, seconded and carried to investigate the Realty Times offer

It was moved, seconded and carried to create a Home Review Sub-Committee.

The Chairman appointed Lucien Laliberty chair of the Home Review Sub-Committee.

It was moved, seconded and carried to request that the Finance Committee allocate $100 for the Technology & MLS Committee 2009 budget.

It was agreed that those present will meet again with Quinn & Gellar on July 25 at 10:30 A.M. at the Association office to provide additional input for the new web site.

The meeting adjourned at 12:11 P.M.
The next regular meeting will be on August 5, 2008 at 9:00 A.M.

Respectfully submitted: John Bolduc, Executive Vice President


Minutes of the Strategic Planning Committee Eastern Connecticut Association of REALTORS®
July 1, 2008

Present: Carol Christiansen, Ronald Bates, John Bolduc, Marjorie Blizard, Marvin Elbaum, Lora Merrill, Masha Robarts, Lisa Royea, and Thomas Switz.
Absent: Bruce Brast, Robert Kimball, Edward Mitchell, Martha Parrette-Pray, Ludwig Pulaski, and Samantha Storey.

Carol Christiansen called the meeting to order at 1:11 P.M

It was moved, seconded and carried to approve the minutes of the June 23, 2008 meeting.

The committee worked on the attached Environmental Scan and will finalize it at the retreat on July 22.

The meeting adjourned at 3:35 P.M

The next meeting will be on July 22, 2008 at 8:30 A.M. at the Saybrook Point Inn in Old Saybrook, CT.

Respectfully submitted: John F. Bolduc, Executive Vice President

Environmental Scan

Major Trends, Issues, Challenges and Opportunities in the Market

Professionalism
• Decrease in the level of professionalism among REALTORS®.
• The need for REALTORS® to participate in and understand the Professional Standards process.
• There is a need for additional training in professional behavior.
• REALTORS® is struggling to define their role in today’s real estate environment.
• The challenge of encouraging members to embrace their role in ethics enforcement.
• REALTORS® need to cultivate a more cooperative environment that will serve the best interest of the consumer.

 

Communication
• Opportunity to use additional communication channels to communicate with members and the public.
• Members on the public want more online real estate information.
• ECAR struggles to communicate effectively with all segments of the membership.
• There is a need for the public to be better educated on agency laws and the role and value of using a REALTOR®.
• The challenge of delivering effective and useful products and services through the ECAR website.
• The challenge of effectively marketing ECAR’s products and services.
• The need to promote environmental "green" practices and awareness.

Education
• The need to educate the membership on the value of their membership and to create an emotional connection to the Association.
• The need for Brokers to share the responsibility for training agents and to act as a model for professional behavior.
• The need for continued advancement in technology training for the REALTOR®.
• The need for new agent training and ongoing training of experienced agents.
• New offices need assistance in getting set up and adhering to requirements and the law.
• The need for a broader range of educational offerings to the membership.
• The challenge of working with a variety of real estate business models.
• The increased usage and understanding of technology and its impact on the real estate transaction.

Organization
• The need to increase the percentage of membersin Association activities.
• Specialty areas of the industry, such as appraisers, commercial, etc. are in need of targeted services.
• The changing design of today’s real estate office (consolidations, larger offices/smaller offices, virtual offices, team approach to listing and selling).
• The need for the Association to partner with other organizations to address issues of mutual concern.

Legislative/Regulatory
• There is a need for REALTORS® to understand and adhere to Connecticut real estate law.
• The continual challenge of regulatory/legislative issues and their impact on the industry.
• The challenge for the association to represent the diverse political/legislative views of the REALTOR® members.
• The lack of understanding of and involvement in the legislative, regulatory and governmental process by the REALTOR®.
• The need for the REALTOR® organizations to advocate for the protection of private property rights.

Economic
• The continued pressure to real estate fees.
• The changing US and local economic conditions.
• The challenge of promoting affordable housing
• The challenge of preparing for and reacting to possible major economic changes in Eastern Connecticut.
• The need for the REALTOR® organizations to address major issues such as transportation, energy, and water supply that have an impact on the local economy.
• The tightening of the mortgage market and the instability of interest rates.
• An increasing number of foreclosures and short sales.
• Oversupply of inventory.

Demographic
• The increasing cultural diversity of the consumer.
• The challenge of effectively serving the different generations and the differences in their technological skills.
• Differences between the demographics of the public and of the ECAR membership.
• Differences between the demographics of the ECAR membership and of the ECAR leadership.