General Membership Mtg Re-Cap
We had our first GMM of the year on January 24th at Captain George’s. As always the food was great, and the information was even better.
Maurice Brown, NC REALTOR® Partner Program Coordinator gave a presentation on the latest NC REALTORS® program for 2019. Preceding Maurice were several presentations including one on the OBX Open Houses Facebook Page & FindYourOBX given by Richard Hess, of Sun Realty. Willo Kelly, CEO of OBAR, gave a legislative briefing, including an update on the latest insurance rate filing with the Insurance Commission, Dare County flood maps and the Association’s search for a new Government Affairs Director. OBAR Young Professionals Chair, Natalie Painter, of Coastal NC Realty reported on the OBAR Young Professionals Network and invited everyone to the upcoming Winter Social. John Register of Village Realty & 2019 Membership Services Chair, inducted Elaine Whitaker of NC 12 Realty. Welcome aboard Elaine!
Win for RPAC!
2018 RPAC Chair, Kim Endre of Resort Realty & 2019 RPAC Chair, Janice Scarborough of Coastal NC Realty, informed the association that OBAR has been awarded the Triple Crown Award for monies invested & association participation in RPAC. And, for the second year in a row, OBAR won the Colvin Cup award for Region 1.
Awards & Recognition
2019 Immediate Past President, Lori Brooks of Coastal NC Realty awarded Kim Endre of Resort Realty the “Chair of the Year” Award for her tireless efforts to lead the association to the RPAC Triple Crown status and the Colvin Cup award. In addition she was Chair, Vice Chair and Member of multiple OBAR Committees. Congratulations Kim!
Doug Brindley of Brindley Beach Vacations & Sales, was given the Good Neighbor League award by 2019 President-Elect Jimmy Anderson of Long & Foster, OBX. Doug was recognized for his work in sponsoring the Womanless Beauty Pageant. The Pageant raised over $300,000 for local charities over the years. Thank you Doug!
Every year during the January membership meeting, the Immediate Past President is awarded a ceremonial, mounted gavel as a thank you for dedication and time give to the association. This year, 2019 President J-P Peron of the Outer Banks Real Estate Company, Corova, presented the gavel to 2019 Immediate Past President, Lori Brooks of Coastal NC Realty while thanking her for her service to the association. Thank you Lori!
YPN Winter Social Is a Smash Hit!
The Young Professionals Network of OBAR held their first social of the year. Over 50 members were in attendance making it the largest YPN social in OBAR history.
Guests dined on delicious appetizers and received a free drink and two raffle tickets with their admission charge. After an icebreaker game and a networking session, several raffle prizes were awarded including a free month’s MLS fee among other relaxing and new year resolution themed gifts.
Don’t miss out on YPN’s upcoming events which include a yoga session & motivational speaker at the Well on April 7th, and a mini golf tournament on May 3rd. Find out more on their website, www.obaryoungprofessionals.com or facebook page @obaryoungprofessionals
LEARN ~ LEAD ~ SERVE
New Members Everywhere!
Please join us in welcoming the following new members to our association:
Kimberly Conner – Coldwell Banker, Seaside
Ray Meiggs – Jr, Twiddy & Company
Philip Sigfrinius – Twiddy & Company
Sally Sharber – RE/Max Coastal
Jennifer Henderson – RE/Max Coastal
Matthew Henderson – RE/Max Coastal
Theresa Felton – Resort Realty
Ruth O’Sullivan – Resort Realty
Grace Anlauf – Howard Hanna, Real Estate Services
Holly Ashberry – Coldwell Banker, Seaside
Sharlene Nelson, EXP Realty, LLC
Thomas O’Leary – Xome, Inc
Andrea Conner – Xome, Inc
Brandy Foreman – Pirate’s Cove Realty
We also gained two new company members:
EXP Realty, LLC
Welcome to OBAR!
Help us fatten up our food banks!
We live in an area that is rich with historical national parks and various agencies. Though the government shut down has ended, it certainly hit close to home with local park employees and even the Coast Guard. You may not even realize that someone living next to you may not have food on the table.
OBAR is joining forces with the Lower Currituck Food Pantry, Beach Food Pantry, and Hatteras Island Food Pantry to help those in need. At the request of the 2019 Bowling Tournament Committee (Chair, Brook Sparks of Beach Realty, Vice Chair, Amber Dawson of Hatteras Realty), OBAR will be donating all raffle proceeds from the Bowling Tournament on February 22nd to all three food pantries. Starting next Tuesday, January 28th, every Tuesday until the Bowling Tourney will be known as “Fat Tuesdays”. We will be accepting non-perishable items and monetary donations (please make checks payable to the individual food pantries) at the following locations:
OBAR: 201 W. 8th Street, Nags Head, NC 27959 (Karen Pierce or Leah Holmes)
Beach Realty & Construction – KH: 4820 N Croatan Hwy, Kitty Hawk, NC 27949 (Brook Sparks)
Hatteras Realty – Avon: 41156 Hwy 12, Avon, NC 27915 (Amber Dawson)
Starbucks – Southern Shores: 5597-A North Croatan Highway, Kitty Hawk, NC 27949
Wells Fargo Home Mortgage: 5121 N. Croatan Highway, Kitty Hawk,NC,27948
TowneBank Mortgage: 4629 N. Croatan Hwy, Kitty Hawk, NC 27949
Keller Williams – OBX: 5575 North Croatan Hwy, Southern Shores Market Place, Southern Shores, NC, 27949
Cosmo’s Pizzaria: 5591 N. Croatan Highway Southern Shores, NC 27949
Look for more information about the bowling tournament in next week’s Upcoming Events email. It’s a Mardi Gras theme and we are going to fatten up our local food pantries. Please note that ALL LANES ARE SOLD!
Are You Ready for Tax Season?
Don McGlynn, associate broker with Maury Real Estate in Bethesda, Md., followed the news closely in 2017 when Congress passed the Tax Cuts and Jobs Act that brought a 20 percent business income deduction. The provision offered him the promise of a big tax savings, as it allows independent contractors and owners of pass-through businesses (S corporations, limited liability companies, and partnerships) to deduct 20 percent from their net business income before they calculate their tax. But for his 2018 quarterly estimated payments, McGlynn opted to pay the same tax that he did in 2017, expecting that he’ll sort everything out in early 2019, when it comes time to file his actual 2018 tax return.
“I met with my tax guy last year; he ran a scenario on the new tax law and said I would save almost a full quarter of payment,” says McGlynn, a 20-year veteran agent. “Even so, I didn’t change my quarterlies. The IRS hadn’t yet come out with its rules, so we just opted to pay what we’ve been paying and work it out later.”
To read the full article click HERE.
- February 14 ~ BICUP w/Gallagher ~ Hilton Garden Inn ~ 1:30-5:30P
- February 15 ~ GENUP w/Gallagher ~ Hilton Garden Inn ~ 8:30A-12:30P
- February 15 ~ Offers Elective w/Gallagher ~ Hilton Garden Inn ~ 1:30-5:30P
- April 3 ~ CRS Class: Tax Strategies for the Real Estate Professional ~ Chris Bird ~ OBAR ~ 9A
- April 16 ~ Property Mgmt BICUP w/Saunders ~ Comfort Inn ~ 1:30-5:30P
- April 17 ~ Property Mgmt GENUP w/Saunders ~ Comfort Inn ~ 8:30A-12:30P
- April 17 ~ Technology Elective w/Saunders ~ Comfort Inn ~ 1:30-5:30P
- June 5 ~ GENUP w/Black ~ Comfort Inn ~ 8:30A-12:30P
- June 5 ~ Appraisal Elective w/Black ~ Comfort Inn ~ 1:30-5:30P
Current NCREC Continuing Education (CE) Period: July 1, 2018 – June 10, 2019
Current NAR Code of Ethics Training Period: January 1, 2019-December 31, 2020
->Online CE electives including the “Cracking the Code of Ethics” CoE Elective are available July 1, 2018-June 10, 2019 at obar.theceshop.com<-
- February 8 ~ YPN Meeting ~ OBAR ~ 9:00A
- February 12 ~ PM Hot Topic-Bed Bugs ~ OBAR ~ 9:00A
- February 13 ~ BIC Breakfast ~ Mako Mike’s ~ 8:00A
- February 13 ~ Forum for HO insurance rate filing ~ KDH Town hall ~ 7:00P
- February 19 ~ MLS Committee Meeting ~ OBAR ~ 9:00A
- February 20 ~ Education Committee Meeting ~ OBAR ~ 9:00A
- February 21 ~ F&B Committee Meeting ~ 9:00A
- February 22 ~ Bowling Tournament ~ OBX Lanes ~ 6:30P
- February 27 ~ Legislative Committee Meeting ~ OBAR ~ 9:00A
For information on past events, check out the MILEPOST Page.