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First-time Homeowner Exemption Passes Senate — Moves on to Governor for Signing

House Bill (HB) 380 with House Amendment (HA) 1, exempting first-time homebuyers from their portion of the 1% realty transfer tax hike that occurred on July 2, 2017, has passed the Delaware State Senate with 20 yes, 0 no and 1 absent. It now goes to the Governor’s desk!

Click here to read the bill.

 

 

 

 

 

 

DAR President Bayard Williams joined Governor John Carney, the Delaware Habitat for Humanity, Americorps, the Delaware State Housing Authority and others in a celebration of homeownership on Legislative Mall in Dover on June 7. Look for photos soon in the Fast Facts weekly newsletter and in the DAR Photo Gallery.

Realtors Giving Back

Exit Realty was a key player in a Hearts for Homes event June 2 at Lowes in Dover, matching material and donations to Habitat for Humanity up to $20,000. Pictured here at the event are, from left, Habitat volunteer Montgomery Sturgis, Michele Bilow of Exit Realty and daughter Gabrielle.

 

 

 

Michael Wilson, Broker BHHS with Fox and Roach Realtors in Wilmington,(shown here with great-nephews Carson and Kameron) supported a recent animal adoption event held by the Brandywine Valley SPCA in Philadelphia. The Brandywine group has the animal control contract for Delaware and services the entire state. Over 1,000 animals were adopted at the event.

 

Homebuyer Seminar in Wilmington June 23

A homebuyer seminar, “Do’s and Donuts of Homebuying,” will be held Saturday, June 23, at 10 a.m. at the Building the Virtuous Temple in Wilmington’s Bellevue Community Center. Representatives from the $tand by Me Kiss Your Landlord Goodbye program will be on hand along with Trident Mortgage. Coffee, juice, donuts and free prizes are on the agenda. Email Frankeya “Frankie” Atkinson at Berkshire Hathaway Home Services Fox & Roach or call 392-470-7007. Register for the seminar here.

 

As stewards of the right to own, use and transfer private property, fair housing protects our livelihood and business as REALTORS® and depends on a free, open market that embraces equal opportunity. Fair Housing Makes US Stronger.

 

Click the graphic above to TAKE ACTION.

The National Flood Insurance Program (NFIP) will expire on July 31, denying necessary insurance coverage to homeowners and buyers in more than 20,000 communities nationwide. Congress must act now to reform and extend the NFIP.

Take action by urging Congress to extend the NFIP and pass meaningful reforms to ensure long-term viability of the program.

 

UPDATE!

The U.S Department of Labor (DOL) has finalized its long-awaited Association Health Plan (AHP) rule to expand the definition of “employer” to include “working owners.” This change allows real estate professionals and other self-employed individuals to participate in association health plans. A key provision, forwarded for inclusion in the rule by NAR, will allow many REALTORS® who have access to coverage through a spouse to be eligible to choose an AHP option. Read more.

2018 DAR Legislative Action Day

2018 DAR Legislative Action Day: The House Hearing Room in Legislative Hall was packed with legislators and Realtors who gathered to talk about issues facing the industry in this General Assembly. Pictured here are, from left, Sandi Bisgood, Gail Renulfi, Gary Bright, 2018 DAR President Bayard Williams, Chuck Lax, Representative Kim Williams, Representative Charles Potter, Denise Allen, Kim Davis, Ceil Jones, Jean Dowding, Brad Riedle, and Representative Bobby Outten. See more photos here.he Second Floor House Hearing

Nominations for 2019 Elected Leaders Vacancies Open: The deadline for consideration is July 1. Details and a list of vacancies is here. The application for 2019 Elected Leader positions is here. Questions? Contact DAR CEO Anne Rendle at 302-734-4444.

 

 What do you know about the REALTOR® PARTY? Click the logo below to get the story!

 

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Extras

  • You can check out the ZipLogix transaction management benefit by watching this video.
  • Wondering how NAR membership dues contribute to your success? Find out here.
  • Register by July 11 for the 2018 Delaware Entrepreneurial Summit in Wilmington, with workshops looking at key challenges that hinder growth and resources to meet those challenges. Click here to read about the workshops. Click here for more information and to register.
  • The Delaware Small Business Chamber will hold a seminar on Building Your Business Through Social Media on June 19 from 9:30 until 11:30 a.m. at Chamber offices at 11 Liberty Plaza/Possum Park Mall, Suite F in Newark. Get more information and register here.
  • Need a new tool to help sell homes? Try coloring books..
  • June is National Safety Month. Here is a home safety checklist to share with your clients.
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