PBBOR MONTHLY NEWSLETTER & MARKET VIEW

December 2023

Upcoming PBBOR Events & Classes

January 2024 Coffee Talk

January 16th | 10-11am

Everyone is invited, come as you are! This is an opportunity to learn from other agents in this roundtable discussion/mastermind! Coffee included, of course! Our discussion this month will be how to stay on track with your 2024 goals

Register Here

FREE CE Class: Legal I & II

January 22th | 9am-5pm

FREE CE Class courtesy of the Permian Basin Board of Realtors* (in person only-there is no Zoom option for this course)

Registration is required by the deadline. We will not allow late registrations or walk ins.

A $50 fee will be charged if you register and do not attend the course.


Did you know that as a license holder you have legal requirements and regulations for engaging in the real estate business? Perhaps you also belong to a trade association connected to the real estate business that has a code of conduct and you see that as a requirement for engaging in the business. There is more to your requirements than a trade associa­tion expectations. It is every license holder’s responsibility to know and operate under the current laws applicable to their license. The course covers the requirements Texas law places upon all license holders regard­ing ethical conduct when facilitating a real estate transaction.


Register for Legal I here
Register for Legal II here

FREE CE Class: Broker Responsibility

January 23rd | 9am-4pm

FREE CE Class courtesy of the Permian Basin Board of Realtors* (in person broadcast only-there is no Zoom option for this course)

Registration is required by the deadline. We will not allow late registrations or walk ins.

A $50 fee will be charged if you register and do not attend the course.

The purpose of this course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of the law of agency, planning and organization of business entities, requirements for written policies and procedures, records retention and control, advertising, recruitment and training of agents, and the anatomy of a complaint filed with Texas Real Estate Commission (TREC).

Section 535.2 of the TREC Rules requires a broker who sponsors salespersons, a designated broker of a business entity, and a licensee who is a delegated supervisor of one or more licensees to complete this 6-hour broker responsibility course to renew a license. Any licensee may take this course. Additionally, a sponsoring broker may, by policy, require certain licensees and employees to take this course.


Register Here

FREE CE Class: Don't Let Your Contracts be a Royal Pain!

January 24th | 9am-12pm

FREE CE Class courtesy of the Permian Basin Board of Realtors* (in person broadcast only-there is no Zoom option for this course)

Registration is required by the deadline. We will not allow late registrations or walk ins.

A $50 fee will be charged if you register and do not attend the course.


The promulgated contracts have a large number of blanks. When filling out the contract forms, agents and brokers may have difficulty inputting the correct info. The contract is a legal binding document when all parties agree. Making sure the forms are correctly filled out is imperative. Many parties rely on the completed documents including appraisers. When filling out the forms, expectations must be set, choices offered and decisions made by the principals. The parties involved must be meticulous and scrupulous.


Register Here

MarketView for December 2023

December Committee Meetings

ACTIVITIES/TREPAC

Wednesday, January 3rd

9am


MLS

Wednesday, January 3rd

10am


YPN

Tuesday, January 9th

10am


GOVERNMENTAL AFFAIRS

Wednesday, January 10th

9am


FINANCE

Monday, January 15th

9am


BOARD OF DIRECTORS

Wednesday, January 17th

9am

Bills for Missing/Lost/Stolen Lockboxes will be sent out soon! Please keep a look out for those.

Looking for BrokerBay and/or Supra Training?


Sign up for FREE online Zoom classes on BrokerBay & Supra! Monthly training sessions cover many aspects of the apps and how to use them. Register here


In order to access our Google Calendars:


  1. Open Google Calendars in your browser
  2. On the lefthand side, scroll down to the area marked "Other Calendars"
  3. Click the "+" symbol
  4. Copy & paste this ID for Membership Calendar: a5b9f2d7c5e5824e270759119865f634cac81f00dc3893dbac08937bf5a0025a@group.calendar.google.com
  5. Repeat instructions for the PBBOR Events Calendar and copy and paste this ID: [email protected]


If you have any issues, please call the office and ask for Alexandria!

Member Dec Luncheon & YPN Christmas Party

Big THANK YOU to Rodger Horton from Benchmark Mortgage and LaNita Torres for presenting!

PSA FOR ALL AGENTS:

"NAR's Board of Directors approved a change to the Code of Ethics training requirement, extending it from every two years to every three years. This extends the current cycle deadline from March 1, 2022, to Dec. 31, 2024.


REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. 


Training may be completed through NAR’s online courses or through another method, such as online or classroom courses via local/state associations. Read the consequences for failing to complete Code of Ethics training."


PBBOR will be offering several opportunities throughout the year to satisfy this ethics training as well as gain credit hours!


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