REALTORS’ Marketing Association

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Weekly Meeting Details

San Ramon Community Center
12501 Alcosta Blvd, San Ramon
Thursday Morning at 8:30 am sharp
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By-Laws

THE CONSTITUTION AND BY-LAWS

of the

REALTORS’® MARKETING ASSOCIATION (“RMA”)

Effective December, 2005

MISSION STATEMENT

To network with other professionals associated with the real estate industry in order to promote knowledge of inventory and market conditions, as well as raise awareness of Realtors’® community efforts and involvement.

ARTICLE I

NAME:

The name of this Association shall be set forth above in the title of this Constitution and By-Laws as the “Realtors’® Marketing Association.” (“RMA”)

ARTICLE II

PURPOSE:

A. The purpose of this Association shall be:

1. To help its members improve their awareness of inventory and market conditions.

2. To network with other real estate industry professionals

3. To provide for its members’ instructions, educational materials, and opportunities which will continue to sustain the level of professionalism in the real estate industry.

4. To provide opportunities, as an association, for members to enhance their service to the community through such forums as charitable events, “hands-on” projects, and other community efforts.

5. To encourage its members to engage in the highest ethical standards.

B. Limitation of Power. Notwithstanding any of the above statements of purposes and powers, this association shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the specific purposes of the association.

ARTICLE III

MEETINGS:

This Association shall meet regularly once a week or as otherwise provided by the By-Laws of this Association. Special meetings may be called by a majority vote at any regular meeting.

ARTICLE IV

DUES:

A fee shall be determined by the duly elected Board of Directors. Such fee shall be paid and a business card shall be presented at each weekly meeting.

ARTICLE V

ASSOCIATION OFFICERS:

  1. The officers of this Association shall be President, Vice-President, Secretary, Treasurer, and two Sergeants-at-Arms, and such other officers as may be provided for in the By-Laws of this Association. All officers, together with a past President, shall constitute the Board of Directors of this Association, having general administrative powers. The officers shall be elected as provide in the By-Laws of this Association, and any Realtors® elected shall be members in good standing of their local Board of Realtors®. Any Affiliate elected shall be an “Active Member” as defined in Article VII.

  1. The President shall always be a licensed real estate agent and Realtor® actively engaged in the business of listing and selling real estate.

  1. The Vice-President, Secretary, Treasurer, and two Sergeants-at-Arms may be either an active Realtor® or an Affiliate.

  1. The term of each officer shall commence on January 1, and shall continue through December 31 (a period of one (1) year). No officer shall serve more than two (2) consecutive terms in the same office.

  1. The membership-at-large shall elect the Advisory Council, numbering a total of five (5) members held to the same requirements as the Board of Directors. The term of the Advisory Council officers shall be a period of two (2) years.

ARTICLE VI

QUORUM:

A majority of the current Board of Directors shall constitute a quorum for the transaction of all business and elections of this Association.

ARTICLE VII

AFFILIATION AND MEMBERSHIP:

“Active Member” is defined as one who has attended at least 12 meetings in the calendar year. The members of this Association shall be actively involved with the real estate industry.

ARTICLE VIII

POLICY AND PRACTICES:

  1. The articles of this Association will be governed by the Realtors’® Code of Ethics and the California Association of Realtors’® Code of Ethics.
  2. Roberts’ Rules of Order Newly Revised shall be the final authority as to parliamentary procedure.
  3. The Association must abide by State and Federal laws regulating “not-for-profit organizations.”

ARTICLE IX

The Constitution and By-Laws may be amended by a simple majority vote of the Board and Advisory Council with such an amendment proposed in writing by an active member at the meeting immediately preceding that at which the amendment is to be voted upon.

ARTICLE X

FEES:

  1. The fees and dues shall be determined by the elected Board of Directors and the Advisory Council.
  2. The Association must abide by State and Federal laws regulating “not-for-profit organizations.”
  3. The Board of Directors shall present a balanced budget at the end of their terms of office.

ARTICLE XI

MEETINGS:

  1. Regular meetings of this Association shall be held every Thursday at such an hour and place as the Association shall designate from time to time.
  2. Special meetings may be called by a majority vote of the members at any regular meeting.
  3. The Board of Directors of this Association shall meet monthly.
  4. The Advisory Council shall meet as needed.

ARTICLE XII

ELECTION OF OFFICERS:

  1. The officers of this Association shall be; President, Vice-President, Secretary, Treasurer, two Sergeants-at-Arms and a past President.

  1. A Nominating Committee shall be appointed by the President at least four weeks prior to the election. This committee shall consist of three active members. The Committee shall use the Constitution and By-Laws as their guidelines for accepting nominations. It is recommended that at least one member of the Nominating committee shall be a past President or past Board or Advisory Council member. Three weeks prior to the election, this committee shall take nominations from the floor, by email, fax or by telephone. A committee member will contact the nominee and determine if he/she will accept the nomination.

  1. All elections shall be by secret ballot. The candidate receiving the most votes from the “Active Membership” will be declared the winner. In case of a tie, there will be a special election to determine the winner. The vote will take place on the fourth Thursday following the nominations.

  1. Nominations for officers and vacated Advisory Council positions shall take place on the last three Thursdays of the month of October. Speeches by each candidate and elections shall take place on the fourth Thursday of the election process. No nominations will be accepted from the floor on election day. New officers shall take office at the first meeting in January, and shall serve for a term commencing January 1st, and conclude December 31st of each calendar year.

  1. Any vacancy of office shall be filled by a special election at the meeting two weeks following the announcement of the vacancy.

ARTICLE XIII

DUTIES OF OFFICERS:

  1. The President presides at meetings of the Association and the Board of Directors, appoints all sub-committees and has general supervision of the operation of the Association. The President shall be an ex-officio member of all committees of this Association with the exception of the Nominating Committee and the Advisory Council.

  1. The Vice-President shall act on behalf of the President in his/her absence.

  1. The Secretary has custody of the Association’s Constitution and the By-Laws and all other records and documents of the Association. He/she shall keep an accurate record of the meetings and activities of the Association, and shall transmit same to the successor in the office.

  1. The Treasurer receives and disburses, with the approval of the Association, all Association funds, pays all debts as they become due, and keeps an accurate account of all financial transactions. The Treasurer shall make financial reports to the Board of Directors on a monthly basis, and to the Association upon request, but no less than bi-annually. He/she shall prepare a balanced budget for the membership at year’s end, and transmit the accounts and any undistributed funds to the successor in office by December31st.

  1. The Sergeants At-Arms are responsible for the orderly behavior of the members, and enforces the orders of the President at the meetings.

ARTICLE XIV

PROCEDURE FOR REMOVAL FROM OFFICE:

  1. Should an officer be found in breach of the Code of Ethics set forth by the Board of Realtors®, convicted of a felony charge, or absent from the meetings for a protracted and unreasonable period of time or from any conduct detrimental to the Association, that officer shall be subject to removal from office by a two-thirds vote of the Board of Directors and Advisory Council.

ARTICLE XV

SUB-COMMITTEES:

  1. Facilities, Room Sponsors, Food Sponsors
  2. Education
  3. Community Service
  4. Public Relations
  5. Social Events

ARTICLE XVI

DISSOLUTION OF THE ASSOCIATION:

  1. In the event of the dissolution of this Association, distribution of any funds after payment of any indebtedness may be made by a refund to its active members, or be donated to a designated community service project as selected by a majority vote of the active members.

ARTICLE XVII

AMENDMENTS:

  1. These By-Laws may be amended at any regular meeting of this Association by a majority vote of the active members. Such amendments must be proposed in writing by an active member at a meeting at least two weeks preceding that at which the amendment is to be voted upon.