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January 20, 2010

Even More Education and Experience in Your Corner!

Maggie Flartey Kaminski, Broker Owner of Century 21 select group is proud to announce Neal Van Hine has earned the Accredited Buyer Representation designation from the National Association of Realtors.   The Accredited Buyer’s Representative (ABR®) designation is the benchmark of excellence in buyer representation. This coveted designation is awarded by the Real Estate Buyer’s Agent Council (REBAC), an affiliate of the National Association of REALTORS®, to real estate practitioners who meet the specified educational and practical experience criteria. 

 There are four steps to achieving this designation. 

1.        Successful completion of the two-day Accredited Buyer’s Representative (ABR®) Designation Course, including an 80 percent passing grade on the exam. 

2.        Successful completion of one of the ABR® elective courses, including an 80 percent passing grade on the exam.

3.        Documentation verifying five (5) completed transactions in which the ABR® candidate acted as a buyer’s representative. 

4.        Membership in good standing in the Real Estate Buyer’s Agent Council (REBAC) and the National Association of REALTORS®.

Hope has been affiliated with the Blakeslee office  since May of 2008 after a brief affiliation with a local independent. 

 ”I am truly proud of Neal’s accomplishments with our company. His honesty, integrity and hard work are evident in his level of success with our company. Gaining her ABR is another step in building a highly successful career with us.” said Maggie Flartey-Kaminski, Broker Owner

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New Agreement of Sale reflects changes to inspections, mediation

Filed under: Ask the Expert — katrina.christian @ 2:32 pm

Submitted By: By Kim Shindle

Some major changes have been incorporated into a new PAR Standard Agreement for the Sale of Real Estate (ASR) which will be available later this year.

Last updated in 2005, the new Agreement of Sale includes:

  • Expanded and reorganized broker blocks which have been changed for clarity and ease of use
  • Updated mortgage contingency paragraph to include an appraisal contingency clause
  • Changed format for handling inspections to include more inspection contingencies and allow for a variety of circumstance
  • Reduced default time for inspections to 10 days
  • Change in language to dictate what will happen to escrow monies in response to the new Real Estate Licensing Registration Act (RELRA) changes
  • Mandatory buyer/seller mediation as compared to the current agreement where the buyer/seller can waive mediation.

The revised form was recently approved by the PA Association of REALTORS®’s Standard Forms Oversight Committee and will require final changes prior to its publication.

As in the past, Guidelines for the Agreement of Sale, which explains how to use the ASR form, will be available when the form is published.

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