PLEASE NOTE: Legislative Information cannot perform research, provide legal advice, or interpret Maine law. For legal assistance, please contact a qualified attorney.
JOINT RESOLUTION RECOGNIZING MAINE'S REALTORS
WHEREAS, the Maine Association of REALTORS® has nearly 4,500 members actively involved in the business of real estate and it has approximately 450 affiliate members, including lenders, appraisers, title companies, building inspectors, surveyors and insurance providers; and
WHEREAS,  the not-for-profit association provides each member with an equal voice and representation in the real estate profession, serving members in all 16 Maine counties and in their communities; and
WHEREAS,  the benefit that the Maine Association of REALTORS® provides to Maine's economy includes not only the money spent and reinvested in the sale price of a property, but all those services and expenditures that occur in relation to a property transaction, both for a buyer and a seller; and
WHEREAS,  according to national statistics, it is estimated that one job is generated for every 2 home sales and that each home sale contributes about $60,000 to the economy; and
WHEREAS,  the real estate market in Maine is recovering, as evidenced by the number of home sales increasing by more than 12% to 20,296 homes sold in 2016 with a value of $4,760,000,000; and
WHEREAS,  home ownership has been enhanced by the work in Maine of the public and private sectors to provide housing opportunities; and
WHEREAS,  expanding home ownership will strengthen our State and its families and communities, enhance our economy and create jobs; now, therefore, be it
RESOLVED: That We, the Members of the One Hundred and Twenty-eighth Legislature now assembled in the First Regular Session, take this opportunity to recognize the Maine Association of REALTORS® and its members for their positive contributions to and the significant role they play in the lives of Maine citizens and their communities and that their service and dedication to this State are a tribute to those values and principles that we all hold dear; and be it further
RESOLVED: That suitable copies of this resolution, duly authenticated by the Secretary of State, be transmitted to the Maine Association of REALTORS® and its 11 local association boards.