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June 2006

Welcome to NSBAR's REALTOR eNews!

Dear NSBAR Members:

In the May 2006 newsletter, NSBAR ran the column "It's the Rule". In it, near the end, there is (as several of you pointed out to us) a mistake. It reads: "... you have an agreement in writing outlining the responsibilities of the person seeking the funds and your responsibility. Just an idea. Remember, if you do put together such a form it should be discussed and developed through your company and should consult with other companies." Of course, the mistake here was that a word was omitted. The line should read "... and should NOT consult with other companies". On issues such as this you are never allowed to consult with other companies when developing office fees, company policies, etc. We regret the error but are proud of the many who found the mistake and contacted us -- congratulations for being so well educated in Antitrust issues! We will also make note of the error in the June newsletter.

Sincerely,

Terry Penza, RCE, CAE
President & CEO
North Shore - Barrington Association of REALTORS

Broker Orientation Seminar - June 19
Think you know what it takes to open your own office? Been managing an office for a while and feeling a little stuck, or just eager for a refresher? This class is for you! Lynda McKay, a real estate consultant, takes you through this one-day seminar that will cover everything you need to know about opening and running an office, from License Law to Recruiting and more! Lunch is included. Register now for only $85.00! Space is limited and will fill up quickly.

Education Update
Thinking about how to improve your listing presentations? Having trouble working with buyers? Ever thought about international real estate as a means to expand your business reach? Look no further - earn a designation with NSBAR! ABR, CIPS, and CRS are all being offered by NSBAR this summer. Take control of your businss and grow yourself professionally.

It's the Rule
Double Dipping (formally known as the Listing Agent Collecting Both the Buying and Selling Side of a Commission), succumbed to public pressure and was pronounced dead by the media...

Government Affairs
Special Service Areas (SSAs) are becoming more prevalent in Illinois. SSAs are special taxing districts in municipalities that are established by ordinance, often at the request of developers of new housing subdivisions, in order to pass on the costs of the streets, landscaping, water lines, and sewer systems to homeowners who reside within the SSA.

Steve's Street
For those who still use PC Access™ and RE/Explorer™, you’ll be happy to know that they’ll probably be around for a while longer. The Board voted to renew our contract with FNIS, the developers of these products, for at least one more year.

Upcoming NSBAR Events

Register today for special pricing!

ePRO Orientation
Sharpen your e-skills on Aug 15. Attend the upcoming FREE e-PRO Workshop to learn invaluable tech tips and how e-PRO will benefit you, plus receive a $30 discount for your e-PRO course enrollment! 9:00 am to 10:30 am

Certified International Property Specialist July 20-21
The course is an analysis of the international real estate business environment, including capital flow, currencies, government regulations and cultures. $275.00

CRS 206 - Aug 24-25
Technologies to Advance Your Business
This class uses the latest tools and systems that enable sales associates to become more productive, increase their profits and to set themselves apart in the market place. Topics include: taking e-mail to the next level for various marketing campaigns, learning new ways to use digital imaging, examining a variety of virtual tours and their marketing tools, understanding the power of PDA’s and other handheld computing tools and much more.
$295.00 by August 11

NSBAR Awards and Installation Luncheon Come celebrate with your peers as NSBAR installs the 2006-07 Board of Directors and honors those among us who have made milestones in the industry. This will be held at the Chevy Chase Country Club in Wheeling Sept 13 at 12:00.

Notice: Under the long-established policy of the North Shore - Barrington Association of REALTORS, the Illinois Association REALTORS and the National Association of REALTORS:

1. The brokers compensation for services rendered in respect to any listing is solely a matter of negotiation between the broker and his or her client, and is not fixed, controlled, recommended, or maintained by any persons not a party to the listing agreement.
2. The compensation paid by a listing broker to a cooperating broker in respect to any listing is established by the listing broker and is not fixed, controlled, recommended or maintained by any persons other than the listing broker.

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