Minutes in Brief
January 10, 2018
Upon motion by Mike Julian, second by Richard Boas, Jr., the minutes of the December 13, 2017 Directors’ Meeting were approved.
The Birght MLS Work Groups updated the Directors on progress with regard to “data mapping”. Jennifer King reported that the Residential Work Group has completed a number of requests which Bright intends to upload by the end of February. The Appraisers Work Group held its first meeting today with participants from the Harrisburg and York areas. This group laid out a program of work and will reconvene on Wednesday, January 17th, in Lancaster. The C&I Work Group has not scheduled its meeting at this time. Staff provided copies of the daily MLS Updates from Bright and indicated that the number of issues being copied to the Association has significantly decreased.
The Directors moved to Executive Session to consider an attorney’s request for contract information and the “on-going” status of FlexMLS in “read-only” mode. Subsequent to a lengthy discussion and upon motion by Jeff Funk, second by Brian Davison, the Directors decided against distributing copies of any contracts between the Association and its vendors. Staff will communicate this decision after review with counsel. With regard to FlexMLS, the Directors, in light of the decision reached in December to continue working with Bright MLS, decided to continue the “read-only” mode.
The Directors briefly discussed the use of LCAR’s Closing Cost function and requested that an “icon” be placed on the Association’s website accessible by members only. The Association is also researching the possibility of a Facebook email function until such time as Bright’s email program is completed.
The Community Partnerships Committee reported that Laurie Kreider of ReMax Pinnacle was selected for the Fourth Quarter Michael Mastros Memorial Scholarship.
The Government Affairs Committee updated the Directors on the National Flood Insurance Program, proposed legislation in the Pennsylvania General Assembly to protect sellers under the Unfair Trade Practices Law and an overview of the recently enacted Tax Cuts and Jobs Act.
The LCAR-PAC Trustees reported a goal of $25,000 for 2018. The Directors were also advised on the Spring PAC Reception at the Greist Building, as well as the fact that the Trustees are considering a Fall Reception.
The Directors reviewed membership statistics and staff presented the applications, indicating that they have all been completed in full with each individual applying for appropriate classification of membership. Upon motion by Tom Blefko, second by Jeff Funk, the Directors approved the new members.
The Association’s Treasurer’s Report, as well as the MLS and Real Estate School Reports, were reviewed; and upon motion by Mike Julian, second by Jennifer King, they were accepted.
Upon motion by Richard Boas, Jr., second by Ferne Silberman, the Directors approved the revised 2018 Committee List.
The Directors received “thank you” correspondence from NAR regarding their contribution to the Realtors Relief Fund, information regarding the recently enacted Tax Bill and monthly statistics from ShowingTime. It was noted that ShowingTime is incorporated into the Bright MLS system.
Upon motion by Rob Hess, second by Jennifer King, the Directors approved Bylaw revisions mandated by NAR relative to the Election to Membership procedures, the revised two-year cycle for “continuing member” Code of Ethics training and revisions to NAR’s policy regarding members who resign from the Association with a pending ethics complaint.
Michael Ball of PNC Institutional Management presented an overview of the Association’s investment portfolio which reflected a 2017 return of 15.48 percent.
There being no further business, the meeting was adjourned.
NOTE: These minutes have not yet been approved by the LCAR Directors; corrections will follow, if necessary.