Southern Vermont Board of REALTORS®
 

News, Publicity and Press Releases

News and information about the Southern Vermont Board of REALTORS.
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  • 03 Jan 2012 3:28 PM | Kathleen Sweeten, RCE (Administrator)


    Thursday, Jan. 12, 2012, 3 p.m. 

    Register here. 

    Appraisals continue to be a source of concern. Real estate practitioners say valuations in many cases aren't conducted by experienced appraisers who are familiar with the area, and as a result, valuations don't consistently reflect market conditions. At the same time, practitioners are uncertain about the most appropriate way to engage with appraisers under new and evolving rules. The increasing involvement of appraisal management companies (AMCs), with their own rules and criteria, adds to the uncertainty.

    To help practitioners take a fresh look at how to work with appraisers, Anna Ruotolo of RPM Mortgage will share her ideas from a lender's perspective. Ruotolo will talk about:

    • What questions to ask appraisers.
    • What kind of information you should give them.
    • What to do if you believe an appraisal is inaccurate.
  • 17 Sep 2010 12:32 PM | Kathleen Sweeten, RCE (Administrator)

    Congratulations to Troy Richardson, RE/MAX Maple Leaf Realty in Bennington on being named SVBR's 2010 REALTOR of the Year. 

    Troy was recognized, along with REALTOR's from all over Vermont at the Vermont Association of REALTOR's Annual Convention in Stratton, VT.

    Troy's serves as a member of the SVBR Board of Directors.  He also represents SVBR on the Board of Directors for the Northern New England Real Estate Network (NNEREN).

    Congratulations Troy!  

  • 15 Jul 2010 4:20 AM | Troy Richardson (Administrator)
    July 7, 2010 -- The Vermont Association of REALTORS® is once again sponsoring the VT-NH Susan G. Komen Race for the Cure, Saturday, July 17th at Hildene Meadows, Manchester, Vermont. It’s the 9th year that Team REALTOR® will be participating. 

    The Vermont Association of REALTORS® has a long history of giving back to the community and this annual event garners enthusiastic participation among the REALTOR® community. This year Team REALTOR® is on track to increase the size of the team and is expecting 45 -50 supporters from across the state. They’ve made a $10,000 goal and are currently in second place for pledges made. See www.vtREALTOR.com for more about joining Team REALTOR® or making a pledge.

    “Race for the Cure is all about community and hope,” says Team REALTOR® co-chair Mark Linton. “The events are amazing reminders about the power we have to make a big impact when we come together to tackle problems. It’s really moving to see so many neighbors and colleagues working to change the face of breast cancer – a disease that effects too many of our wives, mothers, aunts, sisters, daughters and friends.”

    Last year the Vermont-New Hampshire Affiliate of Susan G. Komen Race for the Cure awarded $464,690 to 19 community-based programs for breast cancer education, screening and treatment. 

    Since 1993 the organization has raised more than $6.7 million, of which $5 million (75% of funds raised) was devoted to breast cancer education, screening and treatment programs in Vermont and New Hampshire. The remaining $1.7 million went to support the Susan G. Komen national research program.  

    Grant recipients are located throughout Vermont, from St. Johnsbury to Bennington, and support a range of services from education and mammograms to holistic support programs and retreats for breast cancer survivors.

    “This is one of the most uplifting events you could participate in and I am really excited for this year’s race,” says Betty McEnaney, Team REALTOR® co-chair. “The whole event highlights the best of Vermont – neighbors helping neighbors and supporting a great cause. My REALTOR® colleagues are so generous with their time and commitment to this event.”

    This year’s Race for the Cure has lots of new ways to get involved and even has a new race day. It will be the first time that the race will be held on a Saturday. Other changes include Sleep in for the Cure, for people who can’t race but want to collect pledges and the Power of Ten, a fundraising incentive to have each team member ask ten people for a pledge of $10 each.
    More information on the Vermont- New Hampshire Affiliate of Susan G. Komen Race for the Cure is at www.vtnhcure.org.
  • 06 Jan 2010 10:10 PM | Troy Richardson (Administrator)

    By BOB AUDETTE , Reformer Staff

    BRATTLEBORO  Even though the number of home sales in Brattleboro has dropped significantly since the stock market crash, the sale prices of those that have sold have remained above the assessed values determined in the 2005 reappraisal, said Al Jerard, town appraiser.

    In the first 11 months of 2009, there were 130 sales in Brattleboro and in 2008, there were 148 sales. In 2007 and 2006, there were 211 and 260 sales.

    Values peaked in 2007 and declined slightly in 2008, said Jerard, but much less than in Massachusetts and New Hampshire. Vermont properties actually increased in value in the third quarter of 2009, said Jerard.

    “Vermont was one of only seven states to show a positive trend in the third quarter,” said Jerard, and trends in Brattleboro are consistent with the rest of the state.

    Just the same, property owners in Vermont shouldn’t be breaking out the party favors yet.

    “I don’t feel the housing market is out of the woods,” said Jerard, during Tuesday night’s Selectboard meeting.

    Nearly every home and business in Brattleboro has had a visual inspection, he said, and about 90 percent of those buildings had internal inspections.

    “The listers thank the property owners of Brattleboro for the excellent cooperation we received during this process,” said Jerard.

    Now that the data collection process is complete, the Listers Office will compare the values to recent sales prices and review the results for equity and fairness, said Jerard.

    By late May or early June, a first draft of the grand list will be available and all homeowners will be notified about their new appraisals. The grievance period will start as soon as the draft is released, said Jerard.

    Once the draft grand list is presented, the state will calculate the town’s common level of appraisal.

    In 2008, the town’s CLA was 87.32. In 2009, the CLA was 87.52, a change that Jerard called “essentially flat.”

    When the state does set the CLA, he said, it is expected it will be close to 100.

    The new appraisal will not affect this year’s tax rate, said Jerard, because the state will calculate a new CLA sometime in June, several months after the tax rate is set.

    Bob Audette can be reached at raudette@reformer.com, or at 802-254-2311, ext. 273.

  • 19 Dec 2009 9:09 PM | Troy Richardson (Administrator)

    By BOB AUDETTE, Reformer Staff

    BRATTLEBORO - For the past 26 years, a group of area real estate agents has raised more than $150,000 to meet the needs of area youth.

    It started in 1983, when members of the Southeastern Vermont Board of Realtors learned the family of a Dummerston girl, who had serious medical issues, didn’t have the financial means to pay for her care.

    The SVBR is now known as the Southern Vermont Board of Realtors.

    As a result, Frank Martocci, Cathy Eakins, John Morrison and Al Carbone formed the Realtors Youth Benefit Corporation so they could donate funds to the family.

    At first, they borrowed money from SVBR to pay for the medical care. They then established fundraising events to pay for RYBC’s charitable giving.

    Those events included auto raffles and the construction of new homes, profits of which went to the fund. Along the way, they started a golf tournament to benefit the fund. 
    “The golf tournament is our major fundraiser,” said David Brown, of Better Homes and Garden/Masiello Group, a member of the RYBC’s Distribution Committee.

    Last September, the RYBC raised $6,250 as a result of the tournament, which is held at Haystack Golf Course. 

     

    The fund was originally established to meet medical needs that were not covered by insurance, said Brown. “We still do some of that,” he said, but much of the focus has been shifted to enrichment type programs for children living in difficult situations.

     

    “We have seen an increasing need for kids with special needs because of the changes in state laws,” said Brown. “It’s clear that there are needs not being met and we’re committed to helping fill in the gaps.'

     

    Ginger Gaudette, the mother of two young boys, said the RYBC helped her get them into summer youth programs.

     

    “I had to cobble together different activities and camps,” she said. “All that stuff costs money.” The RYBC was one piece of the puzzle.

     

    Gaudette, who is divorced, receives a small monthly stipend from her husband, who is currently in prison.

    If not for RYBC’s help, she said, she would have had to quit her job to care for her boys during the summer.

    “Without the help of the community, I would have been in a real jam,” she said.

    Cindy Coble, the mother of a 13-year-old autistic boy, Jack, thanked the RYBC for helping to pay his tuition to the New England Youth Theatre for the past seven years.

    Coble, a single mother with three kids, wasn’t having financial difficulties until she was hit by a car while riding a bicycle, requiring seven surgeries.

    “RYBC has been there consistently for Jack and I can’t express my gratitude enough,' said Coble.

    Jack’s health problems made school difficult for him, said Rebecca Waxman, the executive director of the New England Youth Theatre.

    “This was a kid ready for success,” she said. Since his first foray onto the stage, Jack has excelled, said Waxman.

    “His energy on the stage is limitless,” she said. “In every show he has been in he has been outstanding. It’s really delightful to watch him.”

    Though the NEYT is rightfully proud of the work it’s done with Jack, Waxman said the credit belongs to his mother.

    “I commend Cindy for doing an exhaustive search to help Jack get the help he needs,” said Waxman.

    Brown said it has been a pleasure watching Jack’s progress with NEYT.

    “He really thrives in that setting,” he said.

    Over the years, the RYBC donated money to a number of young people for eye glasses, dental work, medical bills and tuition for camp and after school programs.

    “We have great communication with the area service providers such as Youth Services, Brattleboro Parks & Recreation Department, River Gallery School, Green Mountain Girls Camp, YMCA Lewis Day Camp, Camp Waubanong, and New England Youth Theatre among others” said Brown.

    In addition, the RYBC has worked with Mollie Burke and supported her summer arts project at Westgate Housing Community through her Art in Neighborhood organization, the Circus Arts Camp and the Therapeutic Horse Back Riding Camp.

    To be eligible for funds, a child must be referred by an outside agency, such as a school or a health care provider.

    Bob Audette can be reached at raudette@reformer.com, or at 802-254-2311, ext. 273.

  • 17 Dec 2009 10:06 PM | Troy Richardson (Administrator)

     

    Southern Vermont Board of REALTORS® took care of business at their December meeting while celebrating the year’s end at the Hermitage Inn in Wilmington, VT.   90 members of the approximately 174 SVBR members were in attendance for the Holiday meeting where new members Amy Pritchard, Joe Cardamone, Maggie Deutch, Adam Granger, and Dan Mason were introduced, in addition to the new Board of Directors and those members with 20 years, 30 years and 40 years of membership were recognized.

     

    President Donna Rommelt, Vice-President Lisa Beaudoin, Secretary Kelley McCarthy, Treasurer Linda Brophy, State Representatives Mark Linton and Paul James with Local Board Representatives John McPherson, John Hatton Troy Richardson and Lynne Matthews will serve through December 31, 2010.   Troy Richardson and John Hatton were also announced as representatives of the southern region of Vermont on the Vermont MLS (Multiple Listing Service).

     

    Jennifer Densmore, Ken Spicer and Linda Brophy were recognized for 20 year membership; Janet Walkiewicz, David Berry, and Pam Long for 30 years and Penny Arms, Fred Jenness and Eric Hoyer for 40 years of membership.

     

    More news and upcoming meeting information can be found at www.svtrealtors.com  or by calling SVBR’s office at 802- 464-3344, Southern Vermont Board of REALTORS®, 193 Route 9 East, Suite 7,Wilmington, VT 05363-1745.

  • 06 Dec 2009 4:15 PM | Troy Richardson (Administrator)

    Christmas is all year, every year, for some organizations such as the Realtors Youth Benefit Corporation, which has raised and distributed more than $150,000 to area youth since 1983.  Originally, members of the Southeastern Vermont Board of Realtors® who were involved in the NAR (National Association of Realtors®) “Make America Better” Committee heard the story of a young daughter of a Dummerston, VT farmer who had serious medical issues, but whose family did not have the financial resources to manage it.   Realtors® Frank Martocci, Cathy Eakins, John Morrison and Al Carbone were inspired to form Realtors® Youth Benefit Corporation so they could donate funds to the young person in need. Though they had originally borrowed money from their parent organization, SVBR, they initiated many events and continue to raise funds each year primarily now from the RYBC Golf Tournament that occurs in the fall at Mt. Haystack Golf Course.  This September, the tournament raised $6,250 profit after expenses.

    The Realtors® Youth Benefit Corporation evolved beyond just raising money for kids with medical needs when Frank Martocci spearheaded the house building projects which was coordinated with Brattleboro Union High School Career Center.   Attorney Timothy O’Connor along with John Morrison, Al Carbone, Frank Martocci and bankers at First Vermont Bank helped RYBC raise more funds while helping students build houses and learn how the real estate industry works.

    RYBC has distributed money to various young people throughout Windham County over the many years for eye glasses, dental work, medical bills and scholarship or tuition for camp and after school programs for area youth. David Brown, of Better Homes and Garden/Masiello Group, has been a long time member of RYBC and serves on the Distribution Committee explained “the evolution of the needs of the area kids has grown from just medical needs into enrichment activities such as camps, swim passes, sports and artistic endeavors for kids who don’t have the funds.  We have great communication with the area service providers such as Youth Services, Brattleboro Parks & Recreation Department, River Gallery School, Green Mountain Girls Camp, Lewis Day Camp, Camp Waubanaug, YMCA Camp, and New England Youth Theatre among others.   We have worked with Mollie Burke and supported her summer arts project with Westgate through her Art in Neighborhood organization for a few seasons as well as the Circus Arts Camp and Therapeutic Horse Back Riding Camp.  We have certainly seen an increasing need for kids with special needs because of the changes in state laws and we work hard to keep the RYBC fulfilling its mission.  It’s clear that there are needs not being met and we’re committed to helping fill in the gaps.”

    Ginger Gaudette, mom of Charlie and Sam Galanes, is still full of gratitude that RYBC paid the summer camp fees one summer when her family experienced an unfortunate incident.  Gaudette further emphasized, “It was such a relief to me knowing I could go back to work and while my 7 and 9 year olds were engaged in healthy activities.  I also appreciated the importance of RBYC asking for some kind of professional backup to my request.  They seem to have a good rapport and coordination with professionals and services providers in the area to meet kids’ needs.”

    “School guidance counselors are often the source for special requests, especially for those needs that are not met by other programs,” adds Brown.  “In recent years, we were able to provide special beds, a special size mattress and even a custom life vest that allowed a child to take swimming lessons, which none would have been covered under the family’s  insurance programs.”

    There are numerous Realtors® including Janet Walkewicz, Nancy Long, Anne Duzinski who with the RYBC 2009 Golf Tournament Committee Chairperson Realtor® Associate Barb Yanke,  Realtors® David Brown, Danielle Lauris, Brandy Speno, Lisa Dibernaardo, Roni Byrne and Mark Linton work hard to make Christmas an ongoing year round activity. RYBC has a new website www.rybcvt.com  and can also be contacted via Southern Vermont Board of Realtors® website www.svtrealtors.com.

  • 29 Nov 2009 7:29 PM | Troy Richardson (Administrator)

    As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:

    • Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
    • Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.

    Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream.

    If you have specific questions or need additional information, please contact a tax professional or the Internal Revenue Service at 800-829-1040.

    Download a chart comparing the tax credits available for 2009 or Frequently Asked Questions about the revised tax credit.

    Who Qualifies for the Extended Credit?

    First-time home buyers who purchase homes between November 7, 2009 and April 30, 2010.

    Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.

    To qualify as a “first-time home buyer” the purchaser or his/her spouse may not have owned a residence during the three years prior to the purchase.

    If you purchased a home between January 1, 2009 and November 6, 2009, please see: 2009 First-Time Home Buyer Tax Credit.

    Which Properties Are Eligible?

    The Extended Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops.

    How Much Is Available?

    The maximum allowable credit for first-time home buyers is $8,000.

    The maximum allowable credit for current homeowners is $6,500.

    How is a Buyer's Credit Amount Determined?

    Each home buyer’s tax credit is determined by tow additional factors:

    1. The price of the home.
    2. The buyer's income.

    Price

    Under the Extended Home Buyer Tax Credit, credit may only be awarded on homes purchased for $800,000 or less.

    Buyer Income

    Under the Extended Home Buyer Tax Credit, which is effective on November 7, 2009,  single buyers with incomes up to $125,000 and married couples with incomes up to $225,000—may receive the maximum tax credit.

    These income limits have changed from the 2009 First-Time Home Buyer Tax Credit limits. If you or your client purchased a home between January 1, 2009 and November 6, 2009, please see 2009 First-Time Home Buyer Tax Credit.

    If the Buyer(s)’ Income Exceeds These Limits, Can He/She Still Get a Credit?

    Yes, some buyers may still be eligible for the credit.

    The credit decreases for buyers who earn between $125,000 and $145,000 for single buyers and between $225,000 and $245,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying income—over $145,000 for singles and over $245,000 for couples are not eligible for the credit.

    Can a Buyer Still Qualify If He/She Closes After April 30, 2010?

    Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.

    Will the Tax Credit Need to Be Repaid?

    No. The buyer does not need to repay the tax credit, if he/she occupies the home for three years or more. However, if the property is sold during this three-year period, the full amount credit will be recouped on the sale.

    SVBR and its members are not qualified to give tax advice.  For assistance with your individual situation, please consult with a tax advisor.  This information is presented to the best of SVBR's knowledge based upon information available, but is not guaranteed.

  • 25 Nov 2009 4:19 PM | Troy Richardson (Administrator)

    Brattleboro, VT – Southern Vermont Board of Realtors® listened and learned more about Energy Conservation Services at their November monthly meeting as part of their ongoing educational  mission in assisting home buyers and sellers.   Vermonters have always struggled with balancing energy conservation while keeping warm in often, older drafty homes.   Green technology has been changing rapidly in today’s world and understanding the complexities of air flow, insulation and weatherization in concert with solar, photovoltaic, and wind power make it valuable while evaluating financial programs available to finance the work.  Realtors® education in green building is becoming more essential in the decision-making process of purchasing or selling a home or commercial property.

    Jonathan Dancing of Energy Conservation Services, L3C is a newly formed consortium of “Community-based contractors working together to build a sustainable future” presented a talk and discussion with the members of Southern Vermont Board of Realtors®  regarding the most recent developments in energy audits and the full spectrum of renewable energy conservation services that are available in the area.  Jonathan Dancing also presented the full array of services and programs available to homeowners through Efficiency Vermont and Green Mountain Power.  

    Southern Vermont Board of Realtors® represents all Realtors® in southern Vermont with new office headquarters at 193 Route 9 East, Suite 7, Wilmington, VT 05363-1745, www.svtrealtors.com.  Administrative Executive Barbara R. Ferguson can be reached at 802-464-3344, admin@svtrealtors.com.

  • 20 Nov 2009 8:13 PM | Troy Richardson (Administrator)

    NORTH BENNINGTON -- Anyone thinking about raising children in Vermont may want to consider North Bennington first. That's what Business Week says in its recent "2010 Best Place to Raise Your Kids" ranking.

    In the business magazine's annual selection of the top municipalities in each state to raise children, the most heavily weighted criteria considered the affordability, safety and school test scores in each.
    Also considered were the number of schools, household expenditures, air quality, job growth, family incomes, diversity, museums, parks, theaters and other amenities of each town.

    Information of towns and cities, and in North Bennington's case at least one village, was gathered by the magazine in collaboration with OnBoard Informatics, a New York-based provider of real estate analysis.
    North Bennington, with a listed population under 1,400, the magazine said "is a small town with the state's oldest fire company, four churches, a library, post office, railroad station, a dozen stores, a few restaurants, hiking trails, a college, a 35-acre lake, two schools and a symphony orchestra."

    Matthew Patterson, chairman of the Village Trustees, said he wasn't aware of the news before Thursday, but said he's long thought of the village as one of the best places to raise a family. "I'm not surprised in the sense that I've always felt that we've known that secret as members of the community, but it does take me by surprise," Patterson said.

    When hearing the news, Patterson immediately pointed to North Bennington Graded School, which he referred to as the "glue of the community," and as a major factor making the village attractive for families.
    "Certainly what would have created that honor is our school; that's what sets us apart," Patterson said. "It's a unique school with the dedication of families to its programs."

    James Williams, a member of the North Bennington Prudential Committee, said what differentiates NBGS from other elementary schools is the community's involvement in the student's education.

    "We really focus on individualized education," Williams said. "We really understand that it takes an entire community to support local education ... it's not just the students, it's not just the teachers, it's not just the parents, but it takes an entire community to achieve what we are, and what we are going to achieve."

    Patterson said hiking trails that wind through open land in the village, Bennington College and Lake Paran where kids fish year-round and swimin the summer also add a lot to the community.

    "It's kind of a perfect storm of features that has allowed the village to be what it is," Patterson said.

    Although, Patterson said there are many towns in the state that offer similar amenities and, like all towns, there are hardships as well. "Some of those things that make us what we are also make it difficult to be who we are." he said.

    Business Week states in the article that selections on the list were limited to towns with at least 45,000 residents and a median income between $40,000 and $125,000 in 49 of the states. "Vermont was given a pass on the population restrictions because none of its cities would otherwise have made the cut," the article says. It lists North Bennington's median income above $54,000.

    North Bennington's selection takes the throne from Burlington, which was named the top place in Vermont to raise kids in the 2009 edition.
    Also receiving mention in the ranking are the towns of Bradford and Newbury, which were chosen as runners-up in Vermont.

    by DAWSON RASPUZZI

    (c) 2009 Brattleboro Reformer. All rights reserved. Reproduced with permission.

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