inside - Sacramento Association of REALTORS
Transcription
inside - Sacramento Association of REALTORS
Sacramento Association of REALTORS® PRSRT STD US Postage PAI D Permit No. 538 Sacramento, CA 2003 Howe Avenue Sacramento, California 95825 ® A PUBLICATION OF SACRAMENTO ASSOCIATION OF REALTORS® March 2006 Volume 8, Number 3 INSIDE THIS ISSUE P r e s i d e n t ’s Perspective Page 2 New Members Page 3 G o v t . Wa t c h Page 10 SAR Members Earn State Award for Political Action SAR Members have received one of only two prestigious C.A.R. statewide awards for political action in 2005. The award was presented to SAR representatives during a C.A.R. Board of Directors meeting held recently in Anaheim. The award recognizes SAR for outstanding efforts in increasing Our REALTOR® Action Fund (RAF) contributions by 50% from 2004 to 2005. “This is an extraordinary achievement for an Association as large as ours,” said President Leigh Rutledge. “Political issues are extremely important to our business, and I think this award is an acknowledgment that our Members are better informed and better prepared to defend our business than some of our peers.” The RAF Trustee Committee has set more record-breaking goals for the 2006 campaign. “Raising Members’ total investment for political action work is a great accomplishment,” noted RAF Trustee Chairman Doug Covill, “however, this year we’re focusing more on increasing the number of RAF participants than on the dollar total.” With SAR already ranking among the top three large California associations in RAF participation, the Committee has set a goal of 51% member participation in the RAF by year-end. “That would make SAR the Number One large REALTOR® Association in California, hands down,” Rutledge added. “It’s an achievable goal and a critically important cause.” PRESIDENT LEIGH RUTLEDGE AND GOVERNMENT AFFAIRS DIRECTOR GREG VLASEK SHOW OFF THE C.A.R. REALTOR ACTION FUND ACHIEVEMENT AWARD PRESENTED TO SAR ON JANUARY 28, 2006 MLS Stats Page 12–13 Many Thanks to our REALTOR® ACTION FUND CONTRIBUTORS SAR Educational Offerings A sincere Thank You to the SAR Members and staff listed below who have contributed to the 2006 REALTOR® Action Fund (RAF). These are the Members who have already invested $197 - The True Cost of Doing Business - or more to protecting REALTORS®’ political future. Page 14–15 (List is complete as of 02/08/06 for Members contributing through dues renewal. Future lists will include donors through C.A.R.and Internet.) April Calendar Page 16 SAR WEBSITE: www.sacrealtor.org Gregory Alves Nancy Arndorfer Lorin Brown Idelle Claypool Paula Colombo Peggy Coughlin Doug Covill Judy Covington Tamara Dawn Michelle Dinh Randy Dunham Eva Garcia Carole Goodin Jerry Gooding Ron Greenwood David Heitz Brian Holloway Nelson Janes Gina LaPlaca Julie Lewis Patrick Lieuw George Mijares Carl Olson Sue Olson Ted Olson Karla Oppliger Patti Priess Eric Rasmusson Marge Reid Florence Robinson Leigh Rutledge Tracey Saizan Mark Schaller Judy Schoer Clay Sigg Charlene Singley Cathryn Snow Dick Swayne Dave Tanner Greg Vlasek Alan Wagner Brude Werking Rich Wilks Linda Wood Jackie Zappetta Sacramento Association of REALTORS® President’s Sacramento Association 2003 Howe Avenue, Sacramento, CA 95825 (916)of 922-7711 REALTORS® FAX (916) 922-1221 or FAX (916) 922-3904 2003 Howe Avenue METROLIST 1164 W. National Dr. Suite 60 Sacramento, CA 95834 (916) 922-2234 or (916) 922-7584 2006 SAR BOARD OF DIRECTORS Leigh Rutledge President Tracey Saizan President-Elect Alan Wagner Secretary/Treasurer Dave Tanner Immediate Past President DIRECTORS Lorin Brown Judy Covington Carole Goodin Gina LaPlaca Carl Olson Sherri Radovich Cathryn Snow Doug Covill Shirley Delao Barbara Harsch Patrick Lieuw Betty Pomeroy Charlene Singley Linda Wood SAR MISSION STATEMENT The purpose of the Sacramento Association of REALTORS® is to enhance the ability of its Members to practice their profession ethically and effectively. VISION STATEMENT Our vision is to identify and communicate innovations, promote professionalism and affect changes in the real estate industry to benefit our Members and the community at large. Here to Serve You SAR STAFF Feel free to call us directly. Nelson Janes – 916.437.1201 Executive Vice President Jennifer Macias – 916.437.1204 Controller Aaron Truby – 916.437.1203 Staff Accountant Greg Vlasek – 916.437.1208 Director of Public Affairs Pat Lowell – 916.437.1206 Director of Professional Standards Judy Wegener – 916.437.1207 Director of Education and Communications Traci Sarria – 916.437.1202 Education Assistant Pamela Johnson – 916.437.1205 Masters Club Events Coordinator Cassie Papin – 916.437.1209 Director of Meetings & Events Tippi Nicholson – 916.437.1212 Meetings & Events Coordinator Todd Nicholson – 916.437.1214 Building Superintendent Eric Rasmusson – 916.447.0283 Consulting Advocate SAR Member Services Nancy Manly – 916.437.1217 Director of Member Services Lyndsey Harank – 916.437.1221 Membership/Retail Center Assistant Robin Mayer – 916.437.1216 Member Services Denise Stone – 916.437.1219 Member Services Amelia Warrington – 916.437.1218 Member Services Barbara Wells – 916.437.1220 Member Services SAR Retail Center Carl Carlson – 916.437.1223 Director of Retail Operations Daniel Allen – 916.437.1224 Retail Center Specialist and Network Administrator Kimberly Mar – 916.437.1222 OFFICE HOURS: M-F 7:30AM - 4:30PM SAR STORE HRS: M-F 8:00AM-4:30PM EQUALHOUSING HOUSING EQUAL EQUAL HOUSING OPP PPP POO ORR RTTT U N TY Y O UU NN I TIIT Y O Perspective Answering the Call to Action By now, I hope I’ve reached every Member of this Association, asking you to answer the call to political action. It was the focus of my message in your dues renewal notices. I’ve repeated it at every Main Meeting. I’ve asked the REALTOR® Action Fund trustees to reach out to Members at regional meetings, SAR events and by every means possible. This month the Sacramento REALTOR® editors gave me one more shot at spreading the message, so I’m taking it now. Our industry and our Association are facing huge political challenges, from trial lawyers, misguided government regulators and giant banking corporations, just to name a few. The only way we can meet these challenges is through the REALTOR® Action Fund (RAF) and I’m asking every Member - REALTORS® and Affiliates - to contribute $197 this year to support the RAF. Are you aware, for example, that a presidential advisory commission has recommended a phase-out of the IRS home mortgage interest deduction? If adopted, this act would make homeownership unattainable for tens of millions of Americans, including many REALTORS®. Perhaps you haven’t heard the President or any other politician talking about it because this is an election year, but tax reforms will be on the congressional agenda shortly after the November election. REALTORS® need to be ready with our political cannons loaded to protect this critical deduction. Do you know the latest on the Big Banks’ efforts to take over the real estate industry? Despite a lot of support for REALTORS® in Congress, we remain subject to the threat of liberalized banking laws that would blur - maybe even eliminate - the distinction between REALTOR® and lender. This has already occurred in the United Kingdom, and could happen here as well. Closer to home, SAR’s Government Affairs team has been working patiently - and quietly - for over a year to defeat an onerous mandatory rental inspection ordinance proposed by the City of Sacramento. Though well-intentioned, this ordinance could have cost local landlords and property managers millions of dollars in landlord registration and education programs, and tens of thousands of unnecessary inspections. Thanks largely to our past political groundwork and ongoing advocacy, it appears as of this writing, that this particular ordinance is dead. As always, though, we have to stay alert. The next bad, bureaucratic scheme or program is never far away. In addition to the foregoing examples, here are a few more political challenges we’ll be working on in 2006: · Fighting trial lawyers and shakedown lawsuits against REALTORS® · Opposing business license fees and commission taxes · Opposing property transfer taxes and conveyance fees · Electing pro-REALTOR® candidates · Opposing expensive point-of-sale mandates · Protecting property owners from unfair land seizures (eminent domain) · Guarding against disclosure liability · Promoting flood protection Sacramento communities · Fighting “open MLS” advocates and initiatives tion to prove it. In late January, it was my privilege to accept on your behalf a CAR award for increasing our political action contributions by 50% in 2005. SAR was one of only two large Associations statewide to receive such an honor. My goal for this year is to achieve at least 51% SAR Member participation. That would be the highest participation rate SAR has ever achieved; in fact, it would be the highest rate achieved by any large California REALTOR® Association ever. At last count, our 2006 RAF participation was running close to 45%, so we are very clearly within the realm of the achievable. Leigh Rutledge 2006 SAR President But the more important goal is for all our Members to understand and appreciate the magnitude of the threats facing our businesses and livelihoods. That is why we resurrected the SAR Legislative Committee in 2006, and why we will relentlessly seek your support. We’re asking for a $197 contribution from each REALTOR® because that is the true annual cost of protecting your business. It’s a small price to pay - less than $3.80 a week (the price of a good latte) - for the assurance that your real estate career opportunities will be there for you in the months and years to come. Contributing is easy. Visit the SAR Member Services counter or log on to www. car.org and click the REALTOR® Action Fund button. If you have any questions, please give me a call at 916.484.2030. It’s time to answer the call. While I’ve got you here, let me remind you of a decidedly more light-hearted matter: my 50th Birthday Bash at SAR. It’s coming up Friday, March 24th at 6:30 pm. Yes, it happens to be my birthday and, yes, we are going to have a great time eating, drinking and rocking out to the live party band Animal House. But this is really about getting together as SAR Members, letting our hair down a little and raising money for the SAR Scholarship Fund. It sounded good enough to me to invite 8,000 people to my 50th birthday party. I hope you’ll join us. for It takes hard work and monetary support from the REALTOR® Action Fund to protect your business from these kinds of threats. Thankfully, SAR Members are by-and-large a politically well-informed, conscientious group, and we’ve got the statewide recogni- Sacramento REALTOR® is published monthly by the Sacramento Association of REALTORS® for the benefit of its membership. Advertisements and statements of fact and opinion are the responsibility of the authors alone and do not imply an opinion or endorsement on the part of SAR officers, members or staff. All material copyright 2006, Sacramento Association of REALTORS®. All rights reserved. 2 Sacramento REALTOR® • March 2006 Sacramento REALTOR® Newsletter Editor:Judy Wegener Publisher:Ned Foley, Foley Publications Design & Layout: Brio Creative To Advertise:Foley Publications 1-800-628-6983 Editorial Policy The Sacramento Association of REALTORS® (SAR) welcomes articles of educational interest to its members. Published articles will feature the author’s name, title and company; however, no direct compensation will be paid to the author. SAR reserves the right to edit submitted articles for length, grammar, and appropriateness. Articles will be printed in SAR’s publications on a space available basis. Attempt will be made to publish submitted articles in a timely manner; however, submission of an article does not guarantee when, or if, it will be published. New SAR Members As of January 2006 New REALTOR® Members Margarita Abakhina Maximum Real Estate & Finance 5858 Florin Road Sacramento, CA 95823 Andre L. Abernathy Chanteclair Realty 6930 Destiny Drive, Suite 200 Rocklin, CA 95677 Bernadette Abucayan Apple One Realty 1850 Del Paso Rd Sacramento, CA 95835 Julia P. Adamson Keller Williams Realty 9355 E Stockton Blvd., # 210 Elk Grove, CA 95624 Frances A. Artau Prudential CA Realty 7801 Laguna Blvd., Suite 100 Elk Grove, CA 95758 Barbara J. Ashland Prudential CA Realty 2425 Fair Oaks Blvd, Ste 1-2-3 Sacramento, CA 95825 Lyle E. Auerbach Massey Advantage Inc. 4531 Shady Oak Way Fair Oaks, CA 95628 Sharon K. Auerbach Massey Advantage Inc. 4531 Shady Oak Way Fair Oaks, CA 95628 Arthur Avalos Arriaga Real Estate 8469 Elk Grove Blvd., Ste 5 Elk Grove, CA 95758 Cheri M. Baker RE/MAX Gold Elk Grove 8694 Elk Grove Blvd, Ste 9 Elk Grove, CA 95624 Marcia L. Ballard Keller Williams Realty 8525 Madison Avenue, Ste 122 Fair Oaks, CA 95628 Tamara A. Batiz Westcoast Mortgage Grp & Rlty 2716 Broadway Sacramento, CA 95818-2734 Richard D. Beeskau Assist 2 Sell Buyers & Sellers 3621 Marconi Avenue Sacramento, CA 95821 Fran J. Bishop Paragon Real Estate 5306 Nesting Place Rocklin, CA 95677 Rebecca S. Bourque Keller Williams Realty 391 Howe Ave Sacramento, CA 95825 Melissa S. Brandon Coldwell Banker-Res R E Srv 8890 Elk Grove Blvd. Elk Grove, CA 95624 Julie A. Bravo Avalar R.E. & Mortgage Network 24988 Blue Ravine Rd, Ste 100 Folsom, CA 95630 Christy L. Brent Sirsi & Company Real Estate 8700 Auburn-Folsom Rd, Ste 700 Granite Bay, CA 95746 Paul C. Brown Coldwell Banker-Res R E Srv 9470 Madison Ave Orangevale, CA 95662 Darlene J. Calhoun J.W. Hood & Associates Inc. 1052 Melody Lane Ste 200 Roseville, CA 95678 Kimberly A. Carr Keller Williams Realty 9355 E Stockton Blvd., # 210 Elk Grove, CA 95624 Carlos G. Carrasco Ron Allen & Associates R. E. P.O. Box 246051 Sacramento, CA 95824 Gerri L. Conlon Lyon RE Fair Oaks East 8055 Madison Avenue Citrus Heights, CA 95610 James M. Duncan Cook Real Estate 2220 Watt Avenue Sacramento, CA 95825 Sonia M. Cervantes Culp Mortgage & Real Estate 2045 Hurley Way #425 Sacramento, CA 95825 Susan B. Coy Agent Network 4748 Engle Rd Suite 100 Carmichael, CA 95608 Mary L. Durham-Abdallah Grace Realty 433 N. Camden Dr, Suite 400 Beverly Hills, CA 90210 Howard C. Chan Prudential CA Realty 2250 Del Paso Road Ste A Sacramento, CA 95834 Rawland M. Crawford Jr Progressive Real Estate & Mrg. 6704 Sao Tiago Way Elk Grove, CA 95757 Carol J. Edon The Souza/Sasse Group 9024 Elk Grove Blvd Elk Grove, CA 95624 Salveen Chand Century 21 Landmark R. E. 7321 Stockton Blvd Sacramento, CA 95823 Donald Crumlin Serious Sellers 8000 Tyne Fell Ct Antelope, CA 95843 Ronda R. Ellingsworth Keller Williams Realty 9355 E Stockton Blvd., # 210 Elk Grove, CA 95624 Roger L. Chang Superior Realty & Investments 9008 Elk Grove Blvd. Elk Grove, CA 95624 Celso D. Cruz Cruz Realty 2390 Maritime Drive, Suite 110 Elk Grove, CA 95758 Cynthia Espinoza Prudential CA Realty 10540 White Rock Rd, Ste 100 Rancho Cordova, CA 95670 William K. Chao Coldwell Banker-Res R E Srv 341 Iron Point Road, Ste 100 Folsom, CA 95630 Herminia M. Dela Cruz Locsin AtHome Realty 7311 Greenhaven Drive, Ste 207 Sacramento, CA 95831 Carrie J. Faber Fidelity Capital Properties 1180 Iron Point Rd, Ste 250 Folsom, CA 95630 Jae K. Choi WonderAgents, Inc. 1075 E Brokaw Rd San Jose, CA 95131 Rome G. Dimacali Coldwell Banker All State Home 830 Jefferson Blvd, Suite 10 West Sacramento, CA 95691 Cynthia Fedrick O’Neal Properties 8807 Mohamed Circle Elk Grove, CA 95624-6503 Brian M. Clark Help-U-Sell Property Source 1414 Broadway Sacramento, CA 95818 Kenny Dinh Coldwell Banker All State Home 8011 Elsie Ave Sacramento, CA 95828 Denise Toni Felgueres RE/MAX Gold Folsom 2340 E Bidwell St Folsom, CA 95630 Jermaine C. Clarke American Mutual Financial Serv 2833 Junction Ave, Ste 202 San Jose, CA 95134 Anthony J. Dixon Lyon RE Folsom 150 Natoma Station Dr, Ste 300 Folsom, CA 95630 Pascasio B. Felisilda Centex Homes Realty 3300 Douglas Blvd, Suite 270 Roseville, CA 95661 Corinne A. Clayborne Realty Executives-Capitol City 3000 Freeport Blvd. Ste C Sacramento, CA 95818 Linh T. Do Century 21 Landmark R. E. 7321 Stockton Blvd Sacramento, CA 95823 Thomas A. Fernando Coldwell Banker-Diez & Leis RE 5120 Mazanita Ave, Suite 120 Carmichael, CA 95608 Lynn L. Cole Keller Williams Realty 8525 Madison Avenue, Ste 122 Fair Oaks, CA 95628 Larry S. Domino Allgenes Realty 8031 Fruitridge Rd Ste F Sacramento, CA 95820 Donald C. Foley Re-Sell Real Estate P.O. Box 593 Wilton, CA 95693 Daniel P. Colvin Keller Williams Realty 8525 Madison Avenue, Ste 122 Fair Oaks, CA 95628 Lynn M. Doty Choice Real Estate Group 101 Parkshore Drive Suite 100 Folsom, CA 95630 Robert J. Fouche Pacific National, REALTORS 7803 Madison Ave, Ste A-150 Citrus Heights, CA 95610 Continued on page 4 C U S T O M I Z E D H O M E L O A N S ALL YOUR CLIENTS’ HOME LOAN ANSWERS CONVENIENTLY LOCATED UNDER ONE ROOF Linda Aiken (916) 567-5326 Linda Morgan (916) 567-5319 Christy Andrei (916) 567-5354 Fluent in Romanian John Burgess (916) 567-5327 Michael Quihuiz Doug Radovich (916) 567-5350 (916) 567-5345 Ed Cardona (916) 567-5339 Habla Espanol Kelley Carter (916) 567-5332 Fred Claussen (916) 567-5338 Edwina Morgan Forh (916) 567-5306 Mark Galbo (916) 567-5378 Loretta Manfre (916) 567-5320 Sherri Radovich Quinton Radovich Susan Richter Manager (916) 567-5345 (916) 567-5335 (916) 567-5387 Russian Lilyann Salazar (916) 567-5322 George Sanders (916) 567-5341 Mark Shelton (916) 567-5359 SACRAMENTO HOME LOAN CENTER Robyn Sims (916) 567-5380 Dolores Wagnon (916) 567-5337 1950 Arden Way, 2nd Floor, Sacramento, CA 95815 (916) 567-5300 OFFICE • (916) 567-5305 FAX Programs subject to change. We have loan offices and accept applications in Washington Mutual Bank. FA - many states: Washington Mutual Bank - ID, OR, UT, WA; and Washington Mutual Bank fsb - ID, MT, UT. Sacramento REALTOR® • March 2006 3 New Members Continued from page 3 Erin M. Fowler Coldwell Banker-Res R E Srv 9250 Laguna Springs Drive Elk Grove, CA 95758 Arniece K. Frei Century 21 Haley & Assoc, Inc 3291 Truxel Road, Suite 11 Sacramento, CA 95823 Teddy C. Galo Keller Williams Realty 4180 Truxel Road #150 Sacramento, CA 95833 Elena Gamboa AM Realty and Mortgage 8715 Whitehouse Road Elk Grove, CA 95758 Noe T. Garcia AtHome Consulting Group, Inc. 2180 Ringwood Ave San Jose, CA 95131 Rachel Garcia Ron Allen & Associates R. E. P.O. Box 246051 Sacramento, CA 95824 Gladys L. Garcia Cook Real Estate 2220 Watt Avenue Sacramento, CA 95825 Antionette G. James Sacramento Land and Home 11638 Fair Oaks Blvd, Ste 210 Fair Oaks, CA 95628 Just One Look? NoWay. Christoffer W. James Live Oak Realty 2756 E. Bidwell Street Folsom, CA 95630 It takes a lot more than that. A CREIA Inspector member does a thorough, independent visual examination of the physical structure and systems of a home. Qualified Inspector members of the California Real Estate Inspection Association (“CREIA”), a nonprofit industry and consumer organization, are tested professionals who adhere to CREIA’s Standards & Code of Ethics. When you’re looking for an inspector in California, look for the CREIA logo. Contact CREIA to locate a qualified Inspector in your area. Kathi S. Johnson Gold Valley Real Estate 6661 Florin Rd Sacramento, CA 95828 Ritchie S. Jones RE/MAX Gold Sacramento 550 Howe Avenue # 100 Sacramento, CA 95825 www.CREIA.org 800/388-8443 Samuel J. Jordan AtHome Realty 7311 Greenhaven Drive, Ste 207 Sacramento, CA 95831 Look for the online locator button for a quick listing Zille H. Khan Lyon RE Folsom 150 Natoma Station Dr, Ste 300 Folsom, CA 95630 Continued on page 6 JL11_0702 7/22/05 The Symbol of Professionalism in the California Real Estate Inspection Industry 11:58 AM Page 1 Walter E. Gates GreatWest GMAC Real Estate 3604 Fair Oaks Blvd, Ste120 Sacramento, CA 95864 Jack W Glueck 1st American Realty 5740 Windmill Way, Ste 1 Carmichael, CA 95608 Karoliegh M. Gonzalez Davis & Davis Associates 6151 Fair Oaks Blvd, Ste 1 Carmichael, CA 95608 Yvette M. Goodwin RE/MAX Gold Sacramento 550 Howe Avenue # 100 Sacramento, CA 95825 Tiffany K. Ha Coldwell Banker-Dunnigan 9165 Elk Grove-Florin Rd #90 Elk Grove, CA 95624 Shahram Sha Halimi Cook Real Estate 2220 Watt Avenue Sacramento, CA 95825 Shahwali Helmand RE/MAX Gold Elk Grove 8694 Elk Grove Blvd, Ste 9 Elk Grove, CA 95624 Michael R. Hendsbee American Heritage R.E. Srvs 120 Blue Ravine Rd. Ste 5 Folsom, CA 95630 80% less mortgage paperwork. And competitive rates. Meg L. Hobbs Keller Williams Realty 391 Howe Ave Sacramento, CA 95825 ( We knew you’d like that.) Randolph K. Hommel Espinosa & Associates R E 6410 Scenic Oak Court Carmichael, CA 95608-1125 Shelia Howell Executive Realtors 2020 Hurley Ste 245 Sacramento, CA 95825 John T. Huynh Coldwell Banker All State Home 8011 Elsie Ave Sacramento, CA 95828 Janet A. Hyde Prudential CA Realty 1819 K Street, Ste 100 Sacramento, CA 95814 Brett K. Hypolite WonderAgents, Inc. 1075 E Brokaw Rd San Jose, CA 95131 Rebecca E. Icelow Century 21 Landmark R. E. 8240 Calvine Road, Ste E Sacramento, CA 95828 Kim L. Imus Lyon RE Fair Oaks 6815 Madison Ave Fair Oaks, CA 95628 Josephine Jackson Keller Williams Realty 9355 E Stockton Blvd., # 210 Elk Grove, CA 95624 Nancy L. Jackson ERA Town and Country RE P.O. Box 1225 Rancho Murieta, CA 95683-1225 4 Sacramento REALTOR® • March 2006 So if you’d like more information, call today. Bank of America Mortgage Sacramento Sales Office 916.364.2540 8880 Cal Center Drive #270 Sacramento, CA 95826 Not all applicants will qualify for reduced paperwork benefits. All credit is subject to approval, normal credit standards apply. Bank of America, N. A., Member FDIC, Equal Housing Lender ©2002 Bank of America Corporation BOAA-0702 Sacramento REALTOR® • March 2006 5 New Members Continued from page 4 Jenifer L. Klarfeld Pacific Coast Realty 151 Sunrise Blvd Suite 713 Roseville, CA 95661 Edward F. Kroesing ZipRealty, Inc. 7311 Greenhaven Dr #206 Sacramento, CA 95831 Chona J. Lawless RE/MAX Gold of Gold River 2095 Golden Centre Ln, Ste 30 Gold River, CA 95670 Max C. Lazo Jr. Better Homes Realty/North Vlly 11721 Fair Oaks Blvd Fair Oaks, CA 95628 Nicole A. Lee Coldwell Banker All State Home 830 Jefferson Blvd, Suite 10 West Sacramento, CA 95691 Ann Marie D. Ljubisavljevic Lyon RE Sierra Oaks 2580 Fair Oaks Blvd. Ste 20 Sacramento, CA 95825 Vickie E. Lombardi Century 21 Select Real Estate 7919 Pebble Beach Dr, Ste 101 Citrus Heights, CA 95610 Tara A. Lusk Keller Williams Realty 391 Howe Ave Sacramento, CA 95825 Elizabeth A. Lynch Coldwell Banker-Res R E Srv 5750 Sunrise Blvd., Suite 100 Citrus Heights, CA 95610 Melody S. Maduli VGC Real Estate Group 9240 Laguna Springs Dr., #101 Elk Grove, CA 95758 Richard Martin Sr. Better Homes Realty/North Vlly 11721 Fair Oaks Blvd Fair Oaks, CA 95628 Katholyn J. Mathis Fidelity Capital Properties 1180 Iron Point Rd, Ste 250 Folsom, CA 95630 Lindsey C. Morin Mondragon Code 3 Realty & Mortgage, Inc 3000 T Street Ste 101 Sacramento, CA 95816 Cindy L. O’Neal Century 21 Landmark R. E. 8240 Calvine Road, Ste E Sacramento, CA 95828 Mark A. Reyes Landmark Properties 9632 Emerald Oak Drive, Ste K Elk Grove, CA 95624 Michele L. Matsumoto The Souza/Sasse Group 9024 Elk Grove Blvd Elk Grove, CA 95624 Eyasu Mulatu Sycamore Homes, R.E. Division 2020 Hurley Way, Ste 485 Sacramento, CA 95825 George L. O’Neil Real Estate Forum, The 8300 Fair Oaks Blvd # 100 Carmichael, CA 95608 Maria Rico Nambo Global One Realty 6911 Stockton Blvd Ste 500A Sacramento, CA 95823 Arnulfo M. Mayo AtHome Realty 7311 Greenhaven Drive, Ste 207 Sacramento, CA 95831 Reed D. Nail Steele Realty & Invest, Inc 8900 Grantline Rd Elk Grove, CA 95624 Iosif Padurets NorCal Real Estate 7844 Madison Avenue, Ste 106 Fair Oaks, CA 95628 Charles R. Robertson Coldwell Banker-Res R E Srv 8890 Elk Grove Blvd. Elk Grove, CA 95624 Mary A. McCall Keller Williams Realty 8525 Madison Avenue, Ste 122 Fair Oaks, CA 95628 Serapio M. Nambo AM Realty and Mortgage 8715 Whitehouse Road Elk Grove, CA 95758 Ofelia Palachuk Coldwell Banker All State Home 8011 Elsie Ave Sacramento, CA 95828 Andrea M. Robinson Realty World-Franklin RE Group 1002 River Rock, Ste 221 Folsom, CA 95630 Arnulfo Medina Lyon RE Natomas 2400 Del Paso Rd Ste 195 Sacramento, CA 95834 Sarah J. Nash Parkside Property 155 15th Street West Sacramento, CA 95691 Anna M. Parker Sacramento R. E. Network, Inc. 18 Business Parkway Sacramento, CA 95828 Kirk A. Rowert ERA Town and Country RE P.O. Box 1225 Rancho Murieta, CA 95683-1225 Nikki Melgoza Realty World A+ Real Estate 7840 Madison Ave, Ste 145 Fair Oaks, CA 95628 Salvador Navarro Paragon Real Estate 5306 Nesting Place Rocklin, CA 95677 Stacy A. Peacher Coldwell Banker All State Home 830 Jefferson Blvd, Suite 10 West Sacramento, CA 95691 Anthony J. Salcedo Pipeline Real Estate 1033 S Street, Suite 300 Sacramento, CA 95814 Cystal R. Melson Realty World-Sterling Calif. 702 Sutter Street, Ste D Folsom, CA 95630 Kimberly L. Nelson Century 21-All Professional 1520 River Park Drive Sacramento, CA 95815 Lori J. Phelan Davis & Davis Associates 6151 Fair Oaks Blvd, Ste 1 Carmichael, CA 95608 Soudabeh S. Salek Keller Williams Realty 8525 Madison Avenue, Ste 122 Fair Oaks, CA 95628 Gary E. Milter All Stop Mortgage & R E Serv. 2831 Fruitridge Road, Ste # J Sacramento, CA 95820 Thien (Anne) Thi Nguyen RE/MAX Gold Elk Grove 8694 Elk Grove Blvd, Ste 9 Elk Grove, CA 95624 Jonathan H. Plumer Davis & Davis Associates 6151 Fair Oaks Blvd, Ste 1 Carmichael, CA 95608 Richard J. Saltzman 1st American Realty 5740 Windmill Way, Ste 1 Carmichael, CA 95608 John D. Mixon Mack J McBeth Realty 7000 Franklin Blvd, Ste 310 Sacramento, CA 95823 Maria T. Nguyen Century 21 Select Real Estate 4805 Laguna Blvd., Ste 103 Elk Grove, CA 95758 Brandon S. Polk Keller Williams Realty 4180 Truxel Road #150 Sacramento, CA 95833 Ronald P. Sampe Coldwell Banker-Res R E Srv 5034 Sunrise Blvd Fair Oaks, CA 95628 Carol L. Mondine Holsum Realty 4619 Auburn Blvd, Ste G Sacramento, CA 95841 Maria C. Nishimura Coldwell Banker-Res R E Srv 2450 Del Paso Road Sacramento, CA 95834 Anna E. Portillo Provident R E & Investments 300 Harding Blvd., Ste 102 Roseville, CA 95678 Annjeet (Anna) Sangha Century 21 Select Real Estate 4805 Laguna Blvd., Ste 103 Elk Grove, CA 95758 Shahriar S. Monfared Coldwell Banker-Res R E Srv 2450 Del Paso Road Sacramento, CA 95834 Shaunda L. Oates Lyon RE Folsom 150 Natoma Station Dr, Ste 300 Folsom, CA 95630 Lynette C. Pray Real Estate America PO Box 293196 Sacramento, CA 95828 Albert J. Saporito Community One Financial Serv 39350 Civic Center Dr. Ste 300 Fremont, CA 94538 Erika L. Monterroza Su Casa Realty 3820 Auburn Blvd., #81 Sacramento, CA 95821 Rotimi A. Oladejo Amity Real Estate Service 3811 Florin Road Ste 10 Sacramento, CA 95823 John L. Pride Prudential CA Realty 7801 Laguna Blvd., Suite 100 Elk Grove, CA 95758 Gregory P. Schiro RE/MAX Gold of Greenhaven 7410 Greenhaven Drive Ste 105 Sacramento, CA 95831 Continued on page 7 6 Sacramento REALTOR® • March 2006 New Members Continued from page 6 Mohammed A. Shakeel Keller Williams Realty 9355 E Stockton Blvd., # 210 Elk Grove, CA 95624 Bakhshish Singh WonderAgents, Inc. 1075 E Brokaw Rd San Jose, CA 95131 Kulbindar J. Singh Coldwell Banker All State Home 8011 Elsie Ave Sacramento, CA 95828 Linda L. Siqueido Century 21-All Professional 711 East Bidwell, Ste 2 Folsom, CA 95630 Rizalyn A. Smith Gateway Mortgage, Inc. 6233 Mack Road Sacramento, CA 95823 Preetika Sodhi WonderAgents, Inc. 1075 E Brokaw Rd San Jose, CA 95131 Sheldon M. Steele Steele Realty & Invest, Inc 8900 Grantline Rd Elk Grove, CA 95624 Sharon R. Tawlks Davis & Davis Associates 2237 Douglas Blvd Suite 125 Roseville, CA 95661 Nancy J. Victor Superior Realty & Investments 1184 35th Ave Sacramento, CA 95822 Aaron T. Stypes Sierra View Real Estate 8099 A Greenback Lane Citrus Heights, CA 95610 Joanna Thompson Coldwell Banker-Res R E Srv 9250 Laguna Springs Drive Elk Grove, CA 95758 Joseph V. Villaflor Golden Valley Financial 2530 J Street, Ste 320 Sacramento, CA 95816 Kellie L. Swayne Dunnigan Assoc 4215 Freeport Blvd Sacramento, CA 95822 Antonio Torres RE/MAX Gold of Greenhaven 7410 Greenhaven Drive Ste 105 Sacramento, CA 95831 Patricia A. Violette Century 21-Haley & Assoc, Inc 4444 Manzanita Ave, Ste 6 Carmichael, CA 95608 Martin A. Swingle Help-U-Sell West Sacramento 1510 Merkley Avenue, Ste 9B West Sacramento, CA 95691 Dat B. Tran Global One Realty 6911 Stockton Blvd Ste 500A Sacramento, CA 95823 Christopher J. Walker Enterprise Real Estate 3000 T Street #202 Sacramento, CA 95816 Joanne Tan Keller Williams Realty 2600 E. Bidwell St., Suite 150 Folsom, CA 95630 Sean S. Tyree Kraft Real Estate 8121 Madison Ave, Ste A-1 Fair Oaks, CA 95628 Leahe D. Webb Choice Real Estate Group 101 Parkshore Drive Suite 100 Folsom, CA 95630 Tina M. Tavalero Pacific Equity Properties 101 Parkshore Drive, # 100 Folsom, CA 95630 Raul J. Venzon Global One Realty 4040 Lennane Dr Sacramento, CA 95834 Brenda D. White Sierra View Real Estate 8099 A Greenback Lane Citrus Heights, CA 95610 Brian Williams Lyon RE Folsom 150 Natoma Station Dr, Ste 300 Folsom, CA 95630 CLIENTS TRYING TO TRIM YOUR COMMISSION? WE CAN HELP! TELL THEM YOU WILL… �������������������� ��������������������� ��������������� …WHEN THEY GO DIRECT TO your HOME LOAN CENTER IN SACRAMENTO CREDIT UNION. AVOID THE COSTLY “MIDDLEMAN TRAP” Last year many Sacramento area homebuyers paid too much in fees for their home loan. They paid extra because they made the mistake of using a middleman. Everyone knows a middleman must get paid…thousands of dollars on every mortgage loan. Your clients can AVOID paying extra for their next mortgage loan by eliminating the costly middleman. GO DIRECT to the source…GO DIRECT to your Home Loan Center in Sacramento Credit Union. As a direct lender, you can trust Sacramento Credit Union to give your clients an honest home loan. We’ve been lending money to Sacramento residents for more than 70 years! • A variety of flexible, low-cost loan programs to fit your needs 15-, 20, 30, and 40-year fixed rate mortgages, 100% first mortgages, and 3/1, 5/1 and 7/1 adjustable rate mortgages. Interest only and Option ARM mortgages and many more. • Competitive mortgage rates and terms you can count on Unlike middlemen, we don’t charge any “add-on” fees—just our flat processing fee of $590.We also have preferred rates with our appraisers and title company to save you even more money! • Local decision-making and personalized service You can meet personally with your loan consultant to discuss your lending needs and get frequent updates throughout the loan process period. You can even meet personally with the loan underwriters who make the loan approval decision. • Fast application and loan approval process Because decisions are made locally, our loan process is faster compared to companies that require multiple levels of approvals from other cities or states. • Frequent loan status updates to keep you in touch Enjoy ongoing and direct contact with your loan consultant and check on your loan status 24/7 via our website scuhome.com. Kenneth W. Williams The Sacramento Cornerstone RE 2020 Hurley Way Suite 245 Sacramento, CA 95825 Terri R. Wright Novella Garcia Real Estate Inc 740 M Street Rio Linda, CA 95673 Harry Yao R & R Financial & Realty P O BOX 653 Davis, CA 95617 Mia Yee First National Real Estate 7467 Rush River Drive Sacramento, CA 95831 Jocelly H. Yip Su Casa Realty 3820 Auburn Blvd., #81 Sacramento, CA 95821 Pearline Yocum VGC Real Estate Group 9240 Laguna Springs Dr., #101 Elk Grove, CA 95758 Danielle M. York ERA Realty Center 2505 East Bidwell Folsom, CA 95630 Thomas J. Zeigler Jr. Cooper & Associates 9630 Bruceville Rd #107 Elk Grove, CA 95757 Nadia Zierke Coldwell Banker-Res R E Srv 9250 Laguna Springs Drive Elk Grove, CA 95758 New Broker Associates Ronn Kaiser Centex Homes Realty 3300 Douglas Blvd, Suite 270 Roseville, CA 95661 New Designated REALTORS® Amber R. Bell Lashley A.Rochelle Bell, Inc. 1420 E. Roseville Pkwy Roseville, CA 95661 Catherine M. Cruz Cruz Realty 2390 Maritime Drive, Suite 110 Elk Grove, CA 95758 David Dastagir Evergreen Mortgage & Realty 2124 Blake Stree Ste 7 Berkeley, CA 94704 Raymond R. Delarosa Raymond Delarosa 9702 Silvertrail Lane Elk Grove, CA 95624 CALL OUR LOAN EXPERTS TODAY Marshall D. Goins Prospect Real Estate 9401 E Stockton Blvd., Ste 225 Sacramento, CA 95829 KIMBERLY REILLY (916) 224-7677 FOLGER M. EMERSON (925) 389-6258 DAVID YAFFEE (916) 719-0224 ( 9 1 6 ) 4 4 1 - L OA N • s c u h o m e. c o m Ask for our 7 Secrets to Saving Time and Money on home loans! Abbie Higashi ZipRealty, Inc. 7311 Greenhaven Dr #206 Sacramento, CA 95831 Continued on page 8 ©2006 Sacramento Credit Union Sacramento REALTOR® • March 2006 7 New Members Continued from page 7 Nicholas Maloof Nicholas Maloof 3825 Brownson Street Sacramento, CA 95821 Gayle A. McCutchan Gayle McCutchan, Broker 104 Catlin Court Folsom, CA 95630-4934 June D. Nguyen Goldmax Realty 8276 Crystal Walk Circle Elk Grove, CA 95758 Warren W. Quann Warren Quann 1730 L Street, Suite 2 Sacramento, CA 95814 Mukesh Sharma Mukesh Sharma REALTOR 15-A Quinta Court Sacramento, CA 95823 William R. Shower William Shower, Broker 1112 Jefferson Blvd. West Sacramento, CA 95691 Michael A. Soto MAS Real Estate Investment Srv 94 Covered Bridge Road Carmichael, CA 95608 Hong X. Vo Silvercreek Realty 4997 Gardenside Place San Jose, CA 95138 New Affiliate Members Lindsay S. Applegate Innovative Energy Ideas 4804 Brompton Court Carmichael, CA 95608 Sadie J. Benson New World Commercial Lender 5120 Robert Mathews Pkwy Ste 2 El Dorado Hills, CA 95762 Mary C. Kasch Certification Business Mgt 11160 Sun Center Dr Rancho Cordova, CA 95670 Chris J. Oskiera New World Commercial Lender 5120 Robert Mathews Pkwy Ste 2 El Dorado Hills, CA 95762 Diana M. Burbano Diane M Burbano 1522 Alyssum Way Roseville, CA 95747 Ronald S. Lang New World Commercial Lender 5120 Robert Mathews Pkwy Ste 2 El Dorado Hills, CA 95762 Christian Peragallo HomeCheck Inspections, LLC 2524 Marshall Ave Sacramento, CA 95818 Jeffery A. Colbert Sierra View Financial Corp 8788 Greenback Lane, Ste 104 Orangevale, CA 95662 Geoffrey Lewis SAFE Credit Union 3720 Madison Ave North Highlands, CA 95660 Kimberly Reilly Sacramento Credit Union 800 H Street Sacramento, CA 95812 Don Collins SAFE Credit Union 3720 Madison Ave North Highlands, CA 95660 Frederick R. Ludeman Sierra View Financial Corp 8788 Greenback Lane, Ste 104 Orangevale, CA 95662 Darcey K. Schmelzer Cornerstone Title Company 440 Drake Circle #110 Sacramento, CA 95864 Mark Craig Real Estate Buyer’s Guide 2110 K St Sacramento, CA 95816 Scott Malone SAFE Credit Union 3720 Madison Ave North Highlands, CA 95660 Colleen Tiner Tiner Appraisals P.O. Box 5052 Fair Oaks, CA 95628-5052 Folger M. Emerson Sacramento Credit Union 800 H Street Sacramento, CA 95812 Randy Manowski SAFE Credit Union 3720 Madison Ave North Highlands, CA 95660 Samantha Toronto HomeGuard, Inc 231-B Lathrop Sacramento, CA 95815 Anthony D. Gayner New World Commercial Lender 5120 Robert Mathews Pkwy Ste 2 El Dorado Hills, CA 95762 Chuck Meng GMAC Mortgage 9250 Laguna Springs Ste 220 Elk Grove, CA 95758 Christine R. Wagner CoopNet 9112 Ivy League Circle Orangevale, CA 95662 Matt Glasco SAFE Credit Union 3720 Madison Ave North Highlands, CA 95660 Brad Nakanishi GMAC Mortgage 9250 Laguna Springs Ste 220 Elk Grove, CA 95758 J. Martin Walsh EPY 4531 Hillview Way Sacramento, CA 95822 Janet M. Hause Hause Appraisals 11657 New Albion Way Rancho Cordova, CA 95670 Chris Opfer GMAC Mortgage 9250 Laguna Springs Ste 220 Elk Grove, CA 95758 David Yaffee Sacramento Credit Union 800 H Street Sacramento, CA 95812 Lori Jones GMAC Mortgage 9250 Laguna Springs Ste 220 Elk Grove, CA 95758 Rodney Osborne GMAC Mortgage 9250 Laguna Springs Ste 220 Elk Grove, CA 95758 Let us put your Internet Marketing in Motion with our Quality Virtual Tours and Photography SINGLE FAMILY HOME (Finished Square Feet) www. 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SM www.prelook.com 1-800-PRE-LOOK (1-800-773-5665) 8 Sacramento REALTOR® • March 2006 SAR Salutes Monthly Sponsors MASTERS CLUB EVENTS Featuring The Annual Awards Luncheon “Success in a Changing Market” made for successful Educational Roundtables Countrywide Home Loans – February Sponsor Washington Mutual – June Sponsor A QUALIFIED 1031 EXCHANGE INTERMEDIARY “Trust Your Exchange to the National Leader” • • • • • • Nationwide Exchange Services Forward and Reverse Exchange Expertise Legal Counsel on Staff Seminars - Newsletter Updates Free Consultation and Review Secure Funds Guaranteed by: “The First American Corporation” Debra Culbertson Vice President Director of Marketing Kim Nettleman San Jose Account Manager On February 3rd, Masters Club President Elect, Doug Covill, with his Educational Roundtable sub-committee, sponsored another very successful annual Educational Round table program. The event was widely attended and featured the theme “Success in a Changing Market.” Attendees remarked that the four workshops, the presenters, and the panelists, were highly informative and very motivational. The four workshops were given by Kathy Chigbrow, Bruce Slaton, Derek Kirk and Michael Brickner. The lively forum discussion was moderated by Carlos Kozlowski, and the panelists included Jon Nastro, Barbara Harsch, Nick LaPlaca and Tina Deller. This annual event allows all REALTORS®, not just Masters Club Members, to gain insight and knowledge from some of the area’s most successful REALTORS®. Masters Mix at the Sutter Club The beautiful Sutter Club was the scene of the Winter Masters Club Network Mixer on Thursday, February 16th. As usual, the food was wonderful. Masters Club members enjoyed an historic atmosphere to network and catch up with old friends. This year’s event also featured vocalist, Valerie Weinberg, with piano accompaniment, lending a cabaret feeling to the event. Masters Club President, Linda Bennett, had the distinct honor of presenting flowers to a very special “charter” member of Masters Club, Evelyn Morgan. After decades of top performance and outstanding professionalism in the real estate industry, Evelyn announced her retirement, at the young age of 94. Evelyn, in addition to being one of the founding members of Masters Club, has also been a past President of Masters Club. She holds the distinction of “Outstanding Life Member” and has agreed not to forget us as she retires. Annual Awards Luncheon set for end of March If you are a Masters Club Member, please mark your calendar for March 31, 2006, for the annual Masters Club Awards Luncheon. The luncheon will be held at the Sheraton Grand Hotel and promises to be an exciting and fun event. Steering Committee Members have been busy since the beginning of the year processing all of the Masters Club applications, in preparation for this important event. Each year, Masters Club welcomes its new Members and rewards its existing Members for their outstanding sales levels for the prior year. This year’s event is entitled “The Year of the Doug” and will feature an exciting Asian theme. Doug Covill will be installed as the new President for the Masters Club along with the year’s new Steering Committee Members. Michele MacMartin Nicole M. De Santis East Bay Sacramento Account Manager Exchange Counsel www.firstam.com/1031 Call Today - 800.833.4343 RETIRING CHARTER MEMBER EVELYN MORGAN IS HONORED AT THE SUTTER CLUB MIXER Sac 1st Mortgage and Friends Raise $10,000 for CARE and Charity Sac 1st Mortgage recently held its spirited cabaret-themed event, Cabernet Under the Stars and raised $10,000 for charity in the process. The event is an evening of food, wine, cabaret show, and silent auction. The event was attended by 300 people from the industry and community. $6,000 in proceeds was donated to C.A.R.E (Catastrophic Aid for Real Estate). Another $4,000 was donated to S.A.F.E, a local organization that assists those who cannot afford to participate in school activities. Co-sponsors of the event included Davis & Davis Real Estate, North American Title, Fidelity National Title, Financial Title, Keller Williams Realty and Gallaway Commercial. This is the second year Sac 1st Mortgage Charitable Foundation has joined other Real Estate leaders to sponsor a charity fundraiser party. Sac 1st Mortgage formed its charitable foundation in 2003 specifically to help local real estate charities and other community causes. The Foundation plans more fundraisers in 2006. If you are interested in learning more about how you can participate, please contact Sac 1st at 916-486-6500. Sacramento REALTOR® • March 2006 9 Government Watch Issues, Programs, Slogans, and Money Over the years SAR leadership and staff have used the various SAR publications Public Affairs to keep the Legislative Advocate Membership informed regarding local governmental issues and have, on a somewhat frequent basis, used these same publications to motivate our Membership to contribute to our political programs. Eric Rasmusson SAR and C.A.R.’s political program tool “Political Survival Fund” has been changed and is now called the “REALTOR® Action Fund” (RAF). Call them what you will, the end game remains the same. Your contributions to the SAR PAC’s allow SAR leadership and staff to be in a position to make sure that the REALTOR® voice is heard loud and clear in the County Building and various City Halls within SAR’s jurisdiction. SAR has managed to keep point of sale retrofit proposals from becoming law as it In the 80’s the issues surrounded growth and the push to stop it or slow it. More recently, issues seem to focus more on how to deal with some of the impacts of the growth that took place back then. SAR has found itself deeply involved in air quality, transportation, education, affordable housing and flood control issues and discussion in recent years. Always, an eye is kept out for issues that will increase a REALTOR’S® liability exposure. What we referred to as property rights back then might be discussed in a bit different light now, though still carefully protected. seems every year there is a new laudable public goal that is proposed to be placed on the backs of only those people choosing to sell their homes. Laws that create a short list of “reasons” why landlords can terminate a residential tenancy have also been avoided due in large part to SAR’s political work. Looming on the horizon are proposals in several cities and the county which would require rental housing to be inspected periodically. Increased local disclosure requirements are also being discussed. The use of open house signs is always under scrutiny and will require SAR’s action. As we enter these discussions and fight for what is right please consider President Leigh Rutledge’s request for your support. $197.00 is all that is asked of each REALTOR® and it will allow us to be effective advocates on your behalf. And the latest REALTOR® political slogan? “$197.00, The True Cost of Doing Business.” Truer words may have never been spoken. ���������������������� ����������������������������� ��������������������� ���������������������� Legislative Committees dealt in detail with issues and then became forums for discussion. They have now come back strong to act as a watchdog, identifying important issues and helping develop the strategy to deal with them. �������������������� The issues may have adjusted and morphed over the years but the same old political slogans that SAR chanted in the 80’s and 90’s still mean as much today as they did then. Perhaps more. “Get into politics or get out of business” and “If you’re not part of the solution, you’re part of the problem” are two of my personal favorites. These were used many years ago by REALTOR® organizations to motivate their Membership to contribute to political programs. ���������������������� ����������������������� ����������������������� ��������������� ��������������������������������� ����������������������������� ������������������������������ ��������������������������������� ��������������������������������� Affiliate/Finance Report �������������������������������� by Sherri Radovich, Affiliate/Finance Chair ���������������������������� About the Market: Twice a year, the Fed Chair speaks to the House Financial Services Committee. Ben Bernanke, who replaced Alan Greenspan, delivered his first report on the state of the economy. He indicated that more rate hikes will be needed to keep prices in line. Even though it appears inflation may be a concern, by managing it in this way, long term rates actually stay lower. Talk to Your Lender About: CALFHA Loans - these loans offer the first time home buyer’s 100% financing with 30-year fixed rate loans at 5.50%. They also have a 35-year loan with the first 5 years Interest Only at 5.75% and the last 30 years fully amortized at the same rate. The income maximum for a household size of one to two persons is $76,920.00 and three or more persons are $89,740.00. The maximum purchase price allowed in Sacramento County is $429,620.00. You have a buyer that fits this program! � ���������������������������������� ������������������������������� ��������������� ����������������������������������������������������������������������������������������������������� ���������������������������������������������������������������������������������������������� ����������������������������������������������������������������� �������������������������������������� ������������������������������������� ���������������������������������� ����������������������������������������� �������������������������������������������������� ������������������������������������������������������������������������������������������������������������������������ 10 Sacramento REALTOR® • March 2006 ETHICS CORNER CODE OF ETHICS ARTICLE 4 REALTORS® shall not acquire an interest in or buy or present offers from themselves, any member of their immediate families, their firms or any member thereof, or any entities in which they have any ownership interest, or any real property without making their true position known to the owner or the owner’s agent or broker. In selling property they own, or in which they have any interest, REALTORS® shall reveal their ownership or interest in writing to the purchaser or the purchaser’s representative. (Amended 1/00) CASE INTERPRETATION: Case #4-4: Responsibility for Subordinates (Revised Case #13-6 may 1988. Transferred to Article 4 November, 1994, Revised November, 2001.) (Copywrite National Association of REALTORS®, Reprinted from www.realtor.org with permission ). REALTOR-ASSOCIATE® B, a sales associate in REALTOR® A’s office, exclusively listed a suburban house and subsequently convinced the seller to accept $20,000 less than the listed price. Several weeks after the transfer to title, the seller filed a written complaint with the Board, charging REALTOR-ASSOCIATE B with a violation of Article 4 in that REALTORASSOCIATE B had sold the property to his mother without disclosing this relationship to his client, the seller, and that REALTORASSOCIATE® B got the price reduced for his mother’s benefit. The complaint was reviewed by the Grievance Committee which, with the complainant’s concurrence, named REALTOR® A as an additional respondent. At the hearing, REALTORASSOCIATE® B stated that he saw nothing wrong in selling the property to his mother and that the seller would have accepted the contract at the reduced price, even if the buyer had not been REALTOR- ASSOCIATE® B’s mother. REALTOR® A stated that REALTOR-ASSOCIATE® B was an independent contractor licensed with him. REALTOR® A acknowledged that he was accountable under the Code for the actions of other REALTORS® and REALTOR-ASSOCIATES® associated with him but shared with the panel information on his firm’s orientation program. He noted that he required each licensee joining his firm to complete board-sponsored Code training. In addition, he required everyone in his firm to read Professionalism in Real Estate Practice, and produced a form signed by REALTOR-ASSOCIATE® B stating that he had carefully read and understood his personal obligation under the Code of Ethics. The panel found that REALTORASSOCIATE® B should have made his relationship to the buyer, his mother, unmistakably clear to the seller. He should have disclosed in writing that the buyer was his mother so there would have been no misunderstanding. The Hearing Panel found REALTORASSOCIATE® B in violation of Article 4. The Hearing Panel noted that REALTORS® are not presumed to be in violation of the Code of Ethics in cases where REALTORS® or REALTORASSOCIATES® associated with them are found in violation. Rather, their culpability, if any, must be determined from the facts and circumstances of the case in question. It was the conclusion of the Hearing Panel that REALTOR® A had made reasonable efforts to ensure that REALTOR-ASSOCIATE® B was familiar with the Code and its obligations, and that it would have been unreasonable to expect REALTOR® A to have known the purchaser was REALTORASSOCIATE® B’s mother. Consequently, REALTOR® A was found not to have violated Article 4. Here’s to Your Health – Attend SAR’s Spring Health Fair With the growing public interest in health, SAR is excited to announce we are hosting a health fair during the Main Meeting on April 4th. It will be held in the Mack Powell Auditorium at SAR from 8:30-11:00am (please note extended time). We encourage all SAR Members to attend and learn about numerous different health issues, from keeping yourself healthy to expanding research to curing deadly diseases through donations. Some of the many organizations that will be featured include the Leukemia and Lymphoma Society, the American Cancer Society, Bloodsource, the California International Marathon, the Susan G. Komen Breast Cancer Foundation, and the American Diabetes Association. Ames-Grenz Insurance Services will also be present for information regarding the insurance policies offered to you as an SAR Member. Members will also have an opportunity to sign up on the SAR Team for the RACE FOR THE CURE on May 13th 2006, a 5K walk or run. Health Fair featured speaker is Helen Klein, an extraordinary 80-year-old athlete who has completed 59 marathons and 132 ultra-marathons. Just last December she shattered the world marathon best for her age-group. Aside from that, she holds many other race records. She is a great inspiration to anyone interested in staying fit and healthy. Make it a point to hear Helen’s presentation. There will also be a blood drive during the fair, which runs from 9:00am-1:00pm. We encourage everyone to donate blood to help those who need it, from accident victims to cancer patients, they will be thankful to know that someone cares. If you are interested in signing up please contact Tippi Nicholson at snicholson@sacrealtor.org. SAR is excited to let you know of a great opportunity available to you following the health fair. Precision Ultrasound will offer Accurate Health & Wellness Screening in the SAR President’s Room upstairs from 11:00am-5:00pm. The screenings are designed to detect masses, stones, aneurysms, etc with 100% safe ultrasound. Anyone who is interested in a wellness screening, please contact Precision Ultrasound, at (877) 487-7324, to schedule your appointment. The cost for the screenings run from approximately $195-$325. Healthy REALTORS® make more effective, happier REALTORS®. Please make an effort to attend. Sacramento REALTOR® • March 2006 11 Join the Roseville Termite & Pest Control Team “Customer Satisfaction is Our Only Goal.” Receive a $20 credit on your Termite Inspection Fee and/or a $50 credit towards any Termite Repairs by redeeming this ad. Call Today 1-866-245-4913 Toll Free California State LicensePR0182 12 Sacramento REALTOR® • March 2006 Proudly serving Realtors and Homeowners in Sacramento, Placer, El Dorado & Yolo Counties Since 1981 CALL TODAY TO SCHEDULE AN INSPECTION (916) 969-7567 Over the last 15 years, I have had an opportunity to work with various realtors, lenders, Inspectors, etc. The reason I have worked with various people is that I have not found many that I felt comfortable continuing business with. It is important to me to work with professionals who will protect my interests, are detailed and keep me informed. Philip’s service was outstanding. I can tell you that when I decide to buy another property in the Sacramento area, I will definitely need the professional assistance of Philip Sparks. In fact, I have even referred Philip Sparks and M&M Property Management to a few others. Great job! And, a sincere thank you to Philip. Maybe I will get to meet him in person some time soon.” Dee P. � FREE “Nuts & Bolts” Property Management Class 2nd Tuesday each month 7pm 1401 El Camino Ave. Ste. 200 Sacramento, CA 95815 REALTORS®–if you have any questions in reference to tenant/landlord situations please give me a call That M&M made life as a landlord simpler and more cost effective. Sacramento REALTOR® • March 2006 13 SAR Educational Offerings For complete details of currently scheduled classes, visit www.sacrealtor.org/education. To register for classes, visit ims.sacrealtor.org. If you have questions, call Traci Sarria, 437-1202 Sales and Life Mastery VIDEO SEMINARS Friday, March 17 10:00am – 12noon SAR Mack Powell Auditorium Cost: $10 if paid by March 14; $15 after that date Sponsored by SAR and REVEI Video seminars are worth 3 DRE credits. They cost $16/members; $25/nonmembers. No reservations necessary. • Uncover your winning edge by seeing the unlimited possibilities of your potential • Choose the road to mastery • How to build yourself into a spirited sales professional • Drive your efforts to ensure the close CRS 206 – Technology to Advance Your Business Wednesday and Thursday, March 22 & 23 Wednesday – 8:00 – 8:30am Registration; 8:30am-5:00pm Presentation Thursday – 8:30-4:00pm Presentation Cost: $285 when paid before 3/14/06; $310 after Skills you can apply immediately: • Using a contact manager • Creating printed and multimedia presentations • Online services, e-mail and the internet • Improving time management Disclosure by Design CALIFORNIA’S #1 SEMINAR ON “RED FLAG” DISCLOSURE Wednesday, March 29 9:00am – 12noon SAR Mack Powell Auditorium $10 if paid by March 27; $15 after that date • The 5 absolute best disclosure strategies • The most common TDS errors & how to avoid them • Apply risk management principles to every transaction • “Red flag” photo review Trust Fund Handling* Thurs., March 2 12:30pm Trust Funds Ethics & Professional Conduct* Tues., March 7 9:30am Ethics Agency Relationships* Thurs., March 9 12:30pm Agency Fair Housing* Tues., March 14 9:30am Fair Housing Win Win Negotiating Thurs., March 16 12:30pm Consumer Service Principles of Appraisal Tues., March 21 9:30am Consumer Protection Procuring Cause Thurs., March 23 12:30pm Consumer Protection Empowering Strategies Tues., March 28 9:30am Consumer Service Foreclosure *Testing required after these courses Thurs., March 30 12:30pm Consumer Protection WINForms Training Wednesday, March 29 9:00am – 12noon SAR Mack Powell Auditorium $10 if paid by March 27; $15 after that date Learn both Desktop Basic and Advanced Features Accredited Seller Representative Class Wednesday & Thursday, April 5-6 SAR Mack Powell Auditorium Cost: $295 if paid by March 31 · Earn the nationally recognized ASR® designation (Accredited Seller Representative) · Learn California state law regarding duty, disclosure and documentation requirement · Learn street skills to begin practicing seller agency immediately · Learn how to make an effective listing presentation to a seller, how to discuss and document your fees, how to reduce your risk through diligence, and how to use merit negotiating to get to closing YOUR FRANCHISE SEARCH BEGINS HERE. The first place to go for straight talk about franchising with no cost or obligation. For over two decades, our team has helped countless people, from all walks of life, tap into their own abilities – to succeed and achieve the personal and financial freedom they desire. (916) 671-1673 • (866) 218-8620 TheESource.com/EThomas 14 Sacramento REALTOR® • March 2006 Playing with the Big Boys & Girls in Real Estate Tuesday, April 18 9:00-12noon SAR Mack Powell Auditorium Cost: $10 if paid by April 14; $15 after that date Playing with the Big Boys & Girls in Real Estate provides a potent and concen- trated look into the minds of the country’s top residential professionals. Debra will share the vital research results revealing what they have in common, and how they run their business that will inspire you and help you take your own business to a “bigger suite with a better view.” Whether you are a novice or a master of real estate sales, there is something for you to learn from this seminar. You will learn how these Superstars implement: • Marketing that works • Outstanding customer service that makes you stand out from others • Specific actions that deliver the most results to become an Internet professional with ® REALTOR e-PRO …the only technology certification program offered by ® the National Association of REALTORS . Attend the upcoming FREE e-PRO Workshop to learn invaluable tech tips and how e-PRO will benefit you, plus receive a $30 discount for your e-PRO course enrollment! • Building a business for greater profits About the Instructor Saul Klein: • Successful time management and still “have a life” Don’t miss NAR’s free e-PRO Workshop, presented by Saul Klein, President of InternetCrusade®. Saul, selected as one of the 25 most influential people in the real estate industry by NAR® in 2003, will teach you technology tips that will immediately help differentiate you from your competition! Also, hear the latest market trends. Debra Pestrak is an expert on top producers, a professional speaker, author, and coach. She is past president of the National Speakers Association - San Diego. This highly educational and inspirational seminar was featured at C.A.R.’s 2005 annual Expo. Sharpen your e-skills! Real Strength. Real Advantages. Intro to e-pro Tuesday, March 28th, 2006 9:00 am to 10:30 am Sacramento Association of REALTORS® Register Now! Seating is Limited! To register, simply visit http://ePROworkshop. InternetCrusade.com or call toll free 1-866ePRONAR (1-866-377-6627) 45 Hours CE Credit in One-Half Day (Home Study Program with Live Review) Thursday, April 20, 2006 8:45am Registration 9:00-10:30am Live Review 10:45am Exams SAR Mack Powell Auditorium $89 (members) $109 (non-members) No refund available once home study materials are purchased. If you cannot attend the live review, you may take your tests online. Leigh’s Rock-and-Roll 50th Birthday Bash Join SAR President Leigh Rutledge and the band Animal House in rocking the auditorium with loud shirts, smiles, music, great food and fun! Leigh is turning 50 with a bang and you are all invited. Be sure to join us on Friday, March 24th at 6:30pm in the Mack Powell Auditorium at SAR. The cost is $25 if you register online (ims.sacrealtor.org) and $30 if you sign up via fax or in person. The registration deadline is March 16. All the proceeds benefit the SAR Scholarship Fund. So come wearing a loud shirt and a smile and help make Leigh’s 50th birthday a smash while helping out a great cause in the process. Masters Club Awards Luncheon Friday, March 31st - Sheraton Grand Sacramento Invitations will be mailed on March 1. Masters Club Members are given first priority on reservations. Health Fair - Tuesday, April 4 Tuesday, April 4 from 8:30-11am (please note special time) SAR Mack Powell Auditorium 80-year-old marathon runner Helen Klein will be our inspiring Main Meeting Speaker on that day. There will be a blood drive from 9am-12:30pm, contact (Stephanie) Tippi Nicholson to sign-up at snicholson@sacrealtor.org May Main Meeting Tuesday, May 9th from 9:00-10:30am in the SAR Mack Powell Auditorium Jack O’Connell, State Superintendent of Schools, speaks on education. The SAR Scholarships are presented. Susan G. Komen Race for the Cure Saturday, May 13th It’s not too early to start planning for SAR’s Race for the Cure Team. We are especially interested in hearing from Breast Cancer Survivors who will join us. If you wish to be including on our team and/or are a breast cancer survivor who will be participating on May 13, please contact Cassie Papin at cpapin@sacrealtor.org. Let’s get right to the point. 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Cameron Park, CA 95682 (530) 677-7917 Sacramento REALTOR® • March 2006 15 Meetings subject to change *Regional Meeting Locations April— (T) Training Rm; (B) Board Rm; (A) Auditorium Meeting: CENTRAL Days held: 2nd-5th Tuesdays Time: 8:30 - 9:30am Location: SAR Mack Powell Auditorium Coordinator: Sherri Radovich, Washington Mutual 567-5345 Organized caravan: yes 3 WCR (B) 12-1:30pm New Member Orientation/Key Class (B) 12:30pm Board Rm Meeting: SOUTH Days held: 2nd-5th Tuesdays Time: 8:30 - 9:30am Location:Elk’s Lodge, 6446 Riverside Blvd., Sacramento Coordinator: Karla Oppliger, Coldwell BankerDunnigan, 422-3756 ; Linda Morgan 567-5819 Organized caravan: no Meeting: ORANGEVALE Days held: 2nd-5th Tuesdays Time: 8:15 - 9:15am Location:Orangevale Community Center, 6826 Hazel Avenue, Orangevale Coordinator: Pam Poore, Century 21 – Select, 536-4200 Organized caravan: no Meeting:ELK GROVE Days held: 2nd-5th Tuesdays Time: 8:30 - 9:15am Location: Stockman’s Community Serv., 9275 E. Stockton Blvd., Elk Grove Coordinators: Bruce Slaton, Keller Williams, 4808658, bruce@bruceslaton.com; Gary Palmer, Lyon Elk Grove, 683-6600 Organized caravan: yes Meeting: FOLSOM Days held: 2nd-5th Tuesdays Time: 8:30 - 9:15am Location: Folsom Community Center, West Rm, 52 Natomas Street, Folsom Coordinators: Brie Cropp, Chicago Title, 673-1400; Jack Falk, 220-7653 Organized caravan: yes 4 Main Meeting/Health Fair (A) 8:30 – 11:00am REVEI Video (T) 9:30am-12:30pm 5 New Member Orientation/Key Class 8:30am-12:30pm (B) Accredited Seller Representative (A) 9:00am – 5:00pm Interns 2-3pm (B) 6 Affiliate/Finance (A) 8:30am Accredited Seller Representative (A) 9:00am – 5:00pm CanTree Committee (B) 9:45am REVEI Video (T) 12:30am-3:30pm 7 RETI (A) 9:00am – 12:30pm Legislative Committee (B) 9:30-10:30am 10 Education Committee (B) 10:30am New Member Orientation/Key Class 12:30pm Board Rm 11 Regional Meetings 8:15am or 8:30am Different locations REVEI Video (T) 9:30am-12:30pm Community Relations 9:45am Business and Technology Expo Committee (B) 1:00-2:30pm 12 New Member Orientation/Key Class 8:30am-12:30pm Board Rm Interns 2-3pm (B) 13 GRI (A) 8:00am – 5:00pm Realtists (A) 9:00am Masters Club (B) 9:30am Equal Opps. Comm (P) 11:15am REVEI Video (T) 12:30am-3:30pm 14 RETI (A) 9:00am – 12:30pm Good Friday SAR closes at 12noon 17 New Member Orientation/Key Class (B) 12:30-4:00pm 18 Regional Meetings 8:15am or 8:30am Different locations Playing with the Big Boys and Girls in RE 9:00am-12noon REVEI Video (T) 9:30am-12:30pm Hometown Heroes Committee (B) 1:00pm 19 New Member Orientation/Key Class (B) 8:30am-12:30pm Interns (B) 2:00pm 20 WCR Luncheon (A) 11:30am REVEI 45 Hours in ½ Day (B) 12noon2pm REVEI Video (T) 12:30am-3:30pm 21 RETI (A) 9:00am – 12:30pm 26 New Member Orientation/Key Class (A) 8:30am-12:30pm Fair Housing Month Luncheon (A) 11:30am-1:30pm Housing Opportunity (B) 2:00-3:00pm Interns (T) 2:00pm 27 Board of Directors (B) 9:00am REVEI Video (T) 12:30am-3:30pm 28 Broker/Manager Forum (A) 9:00-10:00am RETI (A) 9:00am – 12:30pm 24 Team Mastery 10:00am – 12noon New Member Orientation/Key Class (B) 12:30-4:00pm 25 Regional Meetings 8:15am or 8:30am Different locations REVEI Video (T) 9:30am-12:30pm Meeting: WEST SAC Days held: 2nd-5th Tuesdays Time: 8:30 - 9:30am Location: Yacht Club, 3365 S. River Rd., West Sacramento Coordinator: Jim Piatt, Lyon West Sac, 375-1122 Organized caravan: yes PLEASE NOTE: For caravan guidelines, please contact meeting coordinator ExperienceCounts American Home Mortgage’s Sacramento branch 2004 achievements: • #1 Loan production out of 150 American Home Mortgage branches. • #1 Pacific Region Branch for the past Twelve Years. • Closed more than 1,500 loans in 2004. Dave Heard Vice President Branch Manager Chairman’s Club Ext.100 Dave Whiteside Loan Officer Chairman’s Club Ext.101 Beth Gewerth Mortgage Consultant Chairman’s Club Ext.140 Jim Marco Katie Riccitelli Loan Officer Chairman’s Club Ext.104 Loan Officer Ext.120 Denise Caton Loan Officer Ext.122 Ray Gin Loan Officer Ext.102 916.923.9130 800.469.5363 Toll Free American Home Mortgage 1610 Arden Way, Suite 275 Sacramento, CA 95815 Lic by the Dept. of Corp. Under the CRML Act. American Home Mortgage’s knowledgeable loan professionals will assist your buyers in finding the right loan program to fit their needs! 20 Minute loan approvals! Call today to discuss your clients needs! 16 Sacramento REALTOR® • March 2006