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This week, we thank Dale Mugler for taking notes since I was manning the desk at the office! Our speaker, our very own Martha Gray, a long time HP realtor now with Engel & Völkers shared information about the company. Many things have changed in buying/selling a house. Since August 17th, when the new rules began to be applied, even before she can show a house to a potential buyer, she must meet personally with the buyer! At that meeting, a buyer-broker agreement must be signed! The buyer must come to the office. Sellers can pay closing costs (if they choose). The realtor’s contract is with the buyer. Martha said that the new rules require lots of paperwork. The purpose of the lawsuit that motivated the changes in the rules was to make the process more transparent, but it doesn’t seem that way at the present. Martha described many personal experiences.. The situation is still in flux. Other states have very similar rules to the new ones here for buying and selling. Martha said that the buyers who are most hurt are the young, new buyers. The discussion within the Club was very animated. There were many questions that were raised. This note-taker thought that Martha gave an excellent presentation. Thanks again Dale! -mb On a somber note: Fred Orkin notified the Club that long time Rotarian Ellsworth "Mike" Mills passed away at the age of 98. Once I have more information where members can send cards to his daughter, I will let you all know. If anyone else has ideas, has some time on their hands, or has a friend they think would love to know more about Rotary, please respond to this email. Don't be shy - come on back - we'd love to see you! |
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