A Week in Business

A Week in Business

Leadership Academy Graduates

BERLIN – Gregg Holland of Coldwell Banker and Terry Daly of Delmarva Auctions & Asset Management were among 17 graduates from the Maryland Association of Realtors® (MAR) Leadership Academy were honored at ceremonies held recently in Annapolis.

The MAR Leadership Academy was formed by Realtors® who understand the important role they play in their community and the need to enhance the leadership skills, knowledge, and competencies of colleagues interested in making a difference in their personal lives and in their communities.

Coastal Association of Realtors (CAR) is a strong advocate and recognizes the importance of this program to CAR’s future. Holland is MAR’s current president and Daly is the president-elect.

The MAR Leadership Academy offers an intensive curriculum designed around the development of leadership skills, communications, strategic planning, legislative and government affairs and community involvement.

“Gregg and Terry offer their talents and time to the association and have served above and beyond by their commitment to the MAR Leadership Academy. The members are well served by their professional association with us,” said Sheila Dodson, EVP for the association.

Branch Manager Named

OCEAN CITY – Edward M. Thomas, President and CEO of The Bank of Delmarva, recently announced that Tim Barker has joined the bank as branch manager and loan officer for the new Ocean City location at 12505 Coastal Highway.

Barker is a graduate of Virginia Commonwealth University, played professional baseball for 10 years and joins the bank with many years of sales experience.

First Shore Earns Top Rating

BERLIN – First Shore Federal Savings & Loan has received a rating of “Outstanding” for Community Reinvestment from its regulatory agency, the federal Office of Thrift Supervision (OTS).

Under the Community Reinvestment Act, bank regulators are required to assess the record of federally insured banks and savings associations in meeting the credit needs of the community they serve.  This record is a public document and the 44-page OTS report is available for review at any of First Shore’s eight branches across the Lower Eastern Shore. 

The OTS analyzed the association’s record of lending, investment and community development activities during a three-year period. That review recognized “First Shore’s contribution of leadership, financial support and banking expertise to local non-profit affordable housing organizations” and cited the association’s “high level of responsiveness to serving community needs.”

First Shore has held a CRA rating of “outstanding” since 1995. Less than one in five banks receive such a rating during any examination period.

“We are pleased to receive this rating,” said Marty Neat, president and CEO of the association. “We’re committed to serving the banking needs of our neighbors throughout the communities we serve.  It’s gratifying to have that mission recognized by our regulator.”

Hileman Honors Agents,
Reports Solid Sales Year

BERLIN – Hileman Real Estate has named Sonia Zaffiris as top listing agent and Bethany Drew as top sales agent for the month of March.

In other company news, Hileman Real Estate, Inc. reported that as most of the country reported a dismal year in 2008, its sales volume actually increased.

“According to our local multiple listing service results, in 2008 our company was ranked third in Ocean Pines for sales against the competition. In fact, three of our agents were even in the top 3 percent of all sales for the Coastal Region,” broker/owner Debora Hileman said. “So far in 2009, Hileman is ranked 4th in single-family home sales for the region and ninth for all property types. That is certainly a big accomplishment for a one-office independent broker with only eight full-time sales associates.”

The top selling agent in 2008 was Drew with over $10 million in sales volume, with Sonia Zaffiris a close second with over $8 million in sales.

Units Sold In Ocean Pines

Ocean pines – Brent Miller, CCIM, CPM, managing director for Sperry Van Ness-Miller Commercial Real Estate, and Rick Tilghman, CCIM, advisor, recently sold six bank-owned units within Village Square Shopping Center at the South Entrance of Ocean Pines.

The units comprised of 9,322 square feet, were listed with Sperry Van Ness – Miller and were only on the market for three months. The six contiguous units sold for $850,000 with financing being secured and settlement taking place in less than 30 days. The buyers were investors from Rehoboth Beach, Del. who plan to lease the individual units ranging from 1,190 to 8,000 square feet for $13.50 per square foot.

Nurse Wins Award

BERLIN – Terry Moore, registered nurse and clinical leader of Atlantic General Hospital’s Endoscopy Center, is passionate about health care. She loves her job, and it shows.

Unbeknownst to her, Moore’s team at the Endoscopy Center, as well as center physicians Jonathan Bell, Lee Klepper and Jerrold Canakis, extolled her dedication on a nomination form for EndoNurse Magazine’s 2nd Annual Most Valuable Professionals in Endoscopy Award.

The magazine, which reaches 13,000 gastroenterology nurses and technicians nationwide, recently informed Moore that she made their 2009 MVP List. The list will be published in the May issue of the magazine and posted on their web site.

Readers of EndoNurse will have the opportunity to vote for the ultimate MVP beginning May 18, with the final winners to be announced this summer.

“It was truly a surprise and an honor to be nominated,” said Moore. “This nomination reflects everyone working at the Atlantic Endoscopy Center. A manager is only as good as the employees working for her and I truly do have the best team around!”

Top Producers Named

OCEAN CITY – ResortQuest Real Estate announced March’s top producers for all locations at a recent sales meeting.

Top listing volume awards for individual agents by office are Barry Grim for the Bethany Beach office; Bill Hand for the Marketplace at Sea Colony office; Wayne Phillips for the Ocean City office; Marc Grimes for the Bear Trap Dunes office; Linda Quasney for the Bayside office; and Gail Phelan for the Edgewater office at Sea Colony.

Top sales volume awards for individual agents by office are Gail Phelan for the Edgewater office; Sandy Greene & Ellen McCreary for the Bethany Beach office; Phillips for the Ocean City office, Grimes for the Bear Trap Dunes office; and Quasney for the Bayside office.

Top listing volume team award by office are Team Anne/Jen, consisting of Anne Powell and Jennifer Hughes, for the Bayside office; Team Colleen/Missy, consisting of Colleen Windrow and Missy Nalewaik, for the Marketplace at Sea Colony office; and Team Dayna Feher, consisting of Dayna Feher, Kae Quillen, Tammy Hitchens and Jeff Wolfenbarger, for the Bethany Beach office.

Top sales volume team award by office are Team Anne/Jen for the Bayside office; Team Dayna for the Bethany Beach office; and Team Colleen/Missy for the Marketplace office.