{re}source | april 2009

12
i. 4 / vol. II www.samcar.org Monthly Newsletter of the San Mateo County Association of REALTORS ® APRIL 2009 SAMCAR Legislative CAR In this issue... Message from the CEO page 1 Message from the President page 2 New Members | MAR 2009 page 2 SAMCAR Housing Expo page 10 Omnibus Bill Keeps Banks out of Real Estate page 3 Mortgage Interest Reduction page 4 Withholding Guideline Reversed page 4 Burlingame Storm Drains page 3 2009 Legislative Day: June 3 page 4 CAR Updates pages 7 & 8 MLS MLSListings, Inc. Updates pages 7 & 8 NAR April is Fair Housing Month page 5 2009 Homebuyer Tax Credit page 6 Fed Buys Securities, Will Boost Housing Markets page 6

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April 2009 edition of the {RE}source, monthly newsletter of the San Mateo County Association of REALTORS

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Page 1: {RE}source | April 2009

i. 4 / vol. II

www.samcar.orgMonthly Newsletter of the San Mateo County Association of REALTORS®

April2009

SAMCAR

Legislative

CAR

In this issue...

Message from the CEOpage 1

Message from the Presidentpage 2

New Members | MAR 2009page 2

SAMCAR Housing Expopage 10

Omnibus Bill Keeps Banks out of Real Estatepage 3

Mortgage Interest Reductionpage 4

Withholding Guideline Reversedpage 4

Burlingame Storm Drainspage 3

2009 Legislative Day: June 3page 4

CAR Updatespages 7 & 8

MLSMLSListings, Inc. Updatespages 7 & 8

NARApril is Fair Housing Monthpage 5 2009 Homebuyer Tax Creditpage 6

Fed Buys Securities, Will Boost Housing Marketspage 6

Page 2: {RE}source | April 2009

monthly newsletter of the

San Mateo CountyAssociation of realtors®

www.samcar.org

tel. (650) 696-8200fax (650) 342-7509

2009 PresidentPresident Elect

Region 25 ChairDirectorDirectorDirectorDirectorDirectorDirectorDirectorDirectorDirector

Affiliate DirectorDirectorDirector

Olivia T. EdwardsJennifer TastoMarianne Zanone RushTim AuranEric BerggrenRobert BrisbaneJohn CliffordNini De La Fuente-PecsonBobbi DeckerSuzan Getchell-WallacePhillip HoustonAnne OlivaEdgar TulcanazaSusan VaterlausDavid Zigal

SAMCAR {RE}source is published monthly by the San Mateo County Association of REALTORS®,850 Woodside Way, San Mateo, CA 94401 and distributed to more than 4,000 recipients. E-mail [email protected] your questions or comments.

BoARd of diReCtoRS

Philip B. Tedesco, RCE, CAE

Chief exeCutive offiCeR

editoRiAL teAM

Director of Government Affairs Publications Designer

Michon Coleman Dalen Gilbrech

Copyright © 2009

Our VisionThe Voice for Real Estate Professionals and

Property Owners in San Mateo County.

Message from the Ceo

Philip B. Tedesco, RCE, CAESAMCAR Chief Executive Officer

I am excIted to come to you this month to discuss SAMCAR’s Upcoming Housing Expo! As you may have already heard, SAMCAR and the SAMCAR Foundation will be holding

the SAMCAR 2009 Housing Expo on Saturday, May 2nd at the San Mateo County Event Center.

The response from the membership and community has been very positive, and we are planning for a successful event. The event will be from 10 a.m. to 4 p.m. and offer four separate educational tracks, as well as two exhibit halls throughout the day. The educational tracks will be a Homebuyers Workshop, Options for Aging Adults, Invest for Success, and Foreclosure Prevention. Under each of these tracks will be 4-5 separate classes throughout the day covering specific topics within that track, with titles like “Understanding Reverse Mortgages,” “Understanding Credit Scoring,” and “Mortgage Fraud Avoidance,” etc. to name a few. In addition to being an invaluable resource to members, progressive organizations also position themselves as a community resource. The Housing Expo provides an excellent opportunity for SAMCAR to do just that – position the Association and its members, as experts on the topic and a resource to the community. This goes a long way in terms of building the credibility of SAMCAR and REALTORS® within the community. I hope you plan to join us on that first Saturday in May at the San Mateo County Events Center for this premiere event. Exhibitor opportunities may still be available. Please check with Beckie Patane at [email protected] or (650) 696-8220 for more information. There will be no cost for parking or admittance, so we encourage you not only to participate, but bring some clients with you! I think you may be surprised at the amount of information available. I’ll look forward to seeing you there.

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REALTORS®

Welcome New MembersThe Following Members Joined in March 2009

AFFILIATES

Michael Abaie, ZipRealty, Inc.

Brendan Aiello, Cashin Company

Eddie Aquino, Coldwell Banker-DCP & Assoc.

Jeannie Bouthillier, Alliance Bay Realty

Nixon Purcell Carruthers, Cashin Company

Cubie Crawford, Prudential California

Marina Ferer, Coldwell Banker

Lisa Hoefer, Alain Pinel Realtors

Jim Light, Intero Real Estate Services

Nyle Mameesh, Nyle Mameesh, Broker

Lisa Morris, Clint Van Ostrand

Raymond Ng, ZipRealty, Inc.

Steve Rakita, ZipRealty, Inc.

Mark Antonio Ruiz, The Ruiz Group

Nancy M. Ruiz, Cashin Company

Jean Sin, California Capital Realty

David Skokan, Coldwell Banker

Sara Skokan, Coldwell Banker

Erica Thuener, Prudential California

Robert Tuhacek, Clarion Enterprises, Inc.

Jonathan Engler, Bank of America

Bronic Gold, 1-800-GOT-JUNK

Charito McDougald, Bank of America Mortgage

Adolfo Pina, North American Title Co.

Gary Rosyski, 1-800-GOT-JUNK

Message from your 2009 PReSideNt

Olivia Edwards2009 SAMCAR President

I’ve been told that RealtoRS® are the most affable people on earth. Put them together on St. Patty’s day, and that’s all the proof needed to verify this claim!

Enjoying the moment, being at ease, putting others at ease, and stepping forward with confidence in who we are and what we do is at the very heart of our business. It’s how we do business. It’s how we succeed. We were born to associate!

No doubt, everyone is being affected by the economy. But no matter how challenged you feel right now, there is one investment you can’t afford to overlook; networking with your associates and community members. In other words, it is investing in relationships.

theRe aRe thRee typeS of “RelatIonShIpS”:1) takeRS – they have the ME-first mentality. 2) tRadeRS – they receive and then give. If they give, they expect a favor in return. 3) InveStoRS – they give and then receive. They give purely for the joy of giving and they add value to others as a habit. Although doing so may not earn immediate return, in the long run, they will receive far more than what they have given.

“The currency of real networkingis not greed but generosity.”

-Keith Ferrazzi

SAMCAR is where you can start today with educated investments in the kind of relationships that will always generate dividends. Be deliberate about being part of our Association. You’ll see how helpful and rewarding this environment is to build your network on, if only you give it a try. Even though most of us are in the same industry, competitors as it were, we never know from where business will come. Or, for that matter, our life long friends.

Speaking of mixing business, friends and networking, I am encouraging you to attend an internet marketing and social networking class at SAMCAR on May 7th. The class will be led by nationally recognized real estate technology speaker, Amy Chorew, who will teach you about utilizing the internet to increase networking and sales. Please mark your calendar and sign up today!

We’re here. Get involved or simply show up. We will be waiting for you!

April 2009 2

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GoveRNMeNt AffAiRS

In a joint letter from 2009 NAR President Charles McMillan and NAR CEO Dale Stinton, they share excellent news for the real estate industry: Banks are now precluded from entering into the real estate practice. The letter reads:Proposed

StatewideSepticRegulationsFor those of you following this issue, there is no update at this time. The dates and locations for additional public hearings have not been published. As soon as more information is made avail-able, it will be posted in the monthly newsletter or weekly Facts Flash.

As reported on previously, the City of Burlingame has an urgent need to repair its aging storm drain system. Previously, the City put a bond measure on the ballot to raise the millions required to complete the repairs. The bond measure failed to garner the required ⅔rds majority. The City has now proposed to a property-related fee that would be assessed annually to all property owners. The fee would be based upon the impervious area/square footage of the property and would be collected

PRDSUpdateNEWForms

Government Affairs

UpdAtesREALTOR® VICTORY New OmnibusBill Keeps Banks Out of Real Estate

On Wednesday, President Obama signed H.R. 1105, the Omnibus Appropriations Bill, into law. In doing so, he ended our nearly eight-year battle to preserve the separation between banking and commerce.

Specifically, this new law permanently bans large national banking conglomerates from entering the real estate business by preventing the Treasury and Federal Reserve, by rule, order, or any other way, from opening the door to such activities.

On behalf of NAR, we thank all of you for your support and leadership on this issue during the past many years. This is a great victory for the real estate industry and consumers. Congratulations!

Here is a link to more information and a Q&A on this issue:http://www/realtor.org/banks_and_commerce.nsf

For more information, please contactMichon Coleman, your Government Affairs Director, at (650) 696-8204.

Two new PRDS forms will soon be available online:

► ResidentialLease Agreement

► California High SpeedRail Web Site Advisory

burlingameStorm DrainBallot Measure

for the next 30 years. The fees would be approximately $150/year for a single family home, $45-50/year for a condominium, and $225/year for commercial buildings.

The vote by mail ballot will be conducted between April 5th and May 5th. It requires only a simple majority for approval and implementation. If passed, it is estimated that the upgrades could be completed within 8 years.

The SAMCAR Board of Directors recently voted to fully endorse this ballot measure. Given the urgent need for the repairs, the Board believes that the fees are both necessary and equitable. Please be sure to encourage your fellow REALTORS® and Burlingame clients to support and vote to approve this vital source of funding!

April 20093

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GoveRNMeNt AffAiRS

Legislative Day is an opportunity for REALTORS® from across California to meet with their state legislators to discuss the issues that affect the real estate industry the most. Attending Legislative Day is not only a great investment in your business, it will also provide you with an opportunity to hear from the state’s most dynamic political leaders and the leadership of your state association, and enjoy a fabulous reception. Legislative Day will be Wednesday, June 3rd.

Legislative Day kicks off with an opening session and legislative briefing, from 9 a.m. to 11 a.m., at the Sacramento Convention Center. C.A.R. is looking forward to an entertaining and enlightening program. Assembly Member Roger Niello is scheduled to address

On February 9th, the state Franchise Tax Board issued new guidelines that would have required residential property managers representing out-of-state clients to withhold 7% of rents collected and forward them to the FTB quarterly. Additionally, the FTB made this guideline retroactive to cover rents collected in 2008 as well. C.A.R. and other property management trade groups objected trenuously to this new rule.

C.A.R. was deeply troubled by the lack of advance public notice and by the possible conflict the new guideline created with Business & Professions Code Section 10145 which governs the administration of trust fund accounts by real estate brokers.

After considerable outcry from the property management community, the FTB has

The Obama Administration has recom-mended, as part of its budget proposal, that families earning more than $250,000/year have the amount of mortgage interest they can deduct on their federal tax returns reduced. NAR and C.A.R. are steadfastly opposed to any attempt to modify the mortgage interest deduction and both are working to develop plans to ensure that the proposal is

2009 C.A.R.legislative day Wednesday, June 3

Federal Proposal to Reduce Mortgage Interest Deduction

FTB Reverses Recently AdoptedGuideline on Withholding

NAR and C.A.R. are steadfastly opposed to any attempt to modify the mortgage interest deduction

not included in the budget eventually passed by Congress. Please note that while the administration has proposed these changes, they are not yet in any legislation. Please stay tuned for a future call-for-action on this critical issue.

the membership, and Attorney General Jerry Brown has been invited to speak as well, about the issues that affect the real estate industry.

Following Legislative Day, C.A.R. will present the California ReALtoR® Showcase during the remainder of that week. Taking place at the Sacramento Convention Center, the showcase will feature table tops to help REALTORS® stay informed about the latest real estate products and services.

New Guideline:Required residential property managers representing out-of-state clients to with-hold 7% of rents collected and forward

them to the FTB quarterly

FTB has agreed to delay the implementation of the new

guideline until 2010.

agreed to delay the implementation of the new guideline until 2010. In the meantime, C.A.R. will be hosting a meeting between representatives of the DRE and FTB to make certain that any issues arising from changes in how trust

accounts are managed are fully addressed by the FTB.

This year, SAMCAR will providefree gas cardsto members who wish to travel toSacramento and participate in the day’s

events and meetings with our state legislators.For more information about how to register,

please contact SAMCAR at (650) 696-8200.

April 2009 4

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NAR uPdAteS

April is...FairHousingMonth!

the National Association of REALTORS® believes people have a right to live wherever they can afford to live and is committed to making the face of homeownership in America

look more like America.

NAR strongly supports the Fair Housing Act, which prohibits discrimination based on race, color, national origin, religion, sex, familial status or disability. While more than 75 percent of white households own their home, only about 50 percent of African American and Hispanic households own their home. Asian American homeownership rates are slightly higher at 60 percent. REALTORS® strongly support policies and initiatives that further minority homeownership.

NAR has implemented and expanded fair housing education requirements for members, and educates REALTORS® on the importance of inclusionary housing practices and the promotion of homeownership throughout our diverse nation with a unique training program, At Home with Diversity. NAR has developed extensive diversity training, resources and toolkits, and grants to help REALTOR® associations and their members reach out to and better serve today’s diverse clientele more effectively.

NAR is also committed to bringing more diversity into the real estate business and to the leadership of the REALTOR® community, and to that end, has successfully built partnerships with housing groups and professional real estate organizations representing African American, Asian American and Latino professionals.

For more information aboutfair housing Month, please visit:

www.realtor.org

NAR strongly supports theFair Housing Act, which prohibits discrimination based on race,color, national origin, religion,sex, familial status or disability.

The homebuyer tax credit is one of 10 key provisions of the American Recovery and Reinvestment Act signed by President Obama into law on Feb. 17, 2009.

The bill provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and

2009Homebuyer Tax Credit

before December 1, 2009. The credit does not require repayment. Most of the mechanics of the credit will be the same as under the 2008 rules: the credit will be claimed on a tax return to reduce the purchaser’s income tax liability. If any credit amount remains unused, then the unused amount will be refunded as a check to the purchaser.

April 20095

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NAR uPdAteS

the National Association of Realtors® applauds the Federal Reserve announcement today that

it would purchase an additional $750 billion in Fannie Mae and Freddie Mac mortgage-backed securities and up to $300 billion in longer term Treasury securities. This is great news for American home buyers and homeowners because mortgage interest rates will continue to remain at historic lows.

NAR has been advocating since last fall that the Fed be more active in buying mortgage-backed securities. We are excited that the Fed acted on this provision of the

REALTORS® Say Fed Move toBuy More Securities Will

Boost Housing Markets

stimulus plan that we offered to the government in November.

Greater numbers of home buyers will be able to purchase a home, and homeowners facing challenges will be able to refinance into better terms. We already are experiencing a great improvement in housing affordability due to historically low interest rates, and the Fed’s move will push affordability conditions to the best levels in 40 years. In addition, continued low rates will lessen foreclosure pressure and help stabilize home prices sooner, as more American buy homes and draw down inventory.

The following is a statement by National Association of Realtors® President Charles McMillan:

NAR has just learned that its good name is being used as part of a property rental scam. In this scam, rental property is offered to consumers, who are led to believe that NAR is functioning as an intermediary to receive rental deposits from prospective tenants and, upon receipt of the deposit, to deliver the keys to the property to the tenant. The tenant is instructed to send money via Western Union to NAR’s purported agent, in the United Kingdom.

NAR is not involved in this business and believes it is a scam. NAR has contacted law enforcement officials to request that the matter be investigated.

ScamAlert!NAR’s Name Used in Property Rental Scam

April 2009 6

Page 8: {RE}source | April 2009

CAR uPdAteS

Mlslistings inc.San MateoSanta CruzSanta ClaraMontereySan BenitoMercedStaninslausSan Joaquin

sFArSan Francisco

BAreisMendocinoSonomaMarinNapaSolano

All subscribers are now able to enter free reciprocal listings into 3 key MLS’s in the Bay Area and Central Valley with no additional log-in or password via the recently activated links on MLSListings Pro. They are also able to search listings in these MLS’s at no charge.

This new service is the result of concerted efforts on the part of all the participating MLS’s. It represents one step in an evolving, industry-wide effort to bring you a wider geography of MLS data with fewer barriers and costs. This step simply provides the option to enter free reciprocal listings across a large common market area.

C.A.R. understands the tremendous pressure you’re facing in today’s challenging housing market. In light of the current economic situation, C.A.R. is providing free and reduced-cost services to you.

That’s why I’m pleased to announce that beginning Saturday, April 4, you’ll be able to call the C.A.R. Legal Hotline, between 10 a.m. and 2 p.m., and speak live with an attorney. Calls will be taken on a first-come, first-served basis. You may call the Hotline at (213) 739-8282 anytime during the Saturday hours of operation.

The C.A.R. Legal Hotline offers free, confidential legal advice over the telephone on a vast array of real-estate related topics, such as contract interpretation, arbitration, litigation, tax issues, commission disputes, disclosure requirements, fair housing issues, and laws governing homeowners’ associations.

To reach the C.A.R. Legal hotline, call (213) 739-8282. For more information, or to submit a query via e-mail, go to http://www.car.org/legal/legal-hotline-access/

We hope you will take advantage of this enhanced member benefit.

Sincerely,James Liptak2009 C.A.R. President

C.A.R. is offering a free educational seminar focused on financing options. The three-hour program includes a one-hour market or legal overview from C.A.R. staff followed by a panel of government financing program experts and local lenders who will answer members’ questions about the current lending environment. This seminar will assist you in finding the best mortgage available to help your client purchase their home.

Topics include: Available FHA loans, including purchase rehabilitation; energy-efficiency loans; conventional financing; down-payment assistance programs, and other useful resources.

To register and find upcomingseminars in your area, please go to:www.realtorswat.com/finance

MetrolistYoloSacramentoPlacerEl Dorado

MLSListings iNC. uPdAteS

MAP (above) MLS’s in the Bay Area and Central Valley regions highlighted by counties served. (sources: mlslistings.com | www.bareis.com | www.metrolistmls.com | www.sfrealtors.com)

ReciprocalAccess toSFAR | BAREIS | MetroList

Member BenefitC.A.R. Legal Hotline’s Expanded Availability

Member BenefitFreeReal EstateFinanceEducational Seminar

A message from C.A.R. President, James Liptak

bareis.com

metrolistmls.com

sfrealtors.com pro.mlslistings.com

April 20097

Page 9: {RE}source | April 2009

CAR uPdAteS

Subscribers may now take advantage of a new one-time password (OTP) option to validate themselves when they forget their password, change their password, or access Pro from a computer for the first time.

The new OTP capability uses a text message via cell phone to deliver a temporary, one-time password. This is helpful if someone has trouble remembering the answers to the security questions set up when they first used Strong Authentication Guide.

When the PDF opens, scroll to page 1-23. There is also an updated 5-minute tutorial on the Training page entitled “Enhance Security Log-in.”

As a result of the NAR/DOJ settlement, all MLS’s are required to adopt rules related to Virtual Office Websites (VOWs). MLSListings posted its new rules (and related information) in its Reference Library on February 2.

The latest edition of Express News provided additional information about the impact (or lack thereof) on its subscribers. For agents and brokers who do not plan to create and operate a VOW, there is really only one aspect of the new VOW policy and rules that is important.

Sellers now have the opportunity to opt out of ALL internet marketing of their listing, including VOWs and IDX sites. This “yes/no” option was reflected in the Listing Management software update on February 10. The “no” option requires a signed Seller Opt-Out Form. We have received one Seller Opt-Out request since the software was released.

C.A.R. has created a “Foreclosure Scams” document detailing steps to help combat misconceptions about mortgage modification programs and how to prevent foreclosure scams. The “Foreclosure Scams” document describes the warning signs of foreclosure scams and the resources available to homeowners who have fallen victim to them.

The document is designed for REALTORS® to give to consumers to help raise awareness about this important issue. The “Foreclosure Scams” document is customizable, enabling REALTORS® to add their name to it prior to delivering it to clients.

To access the “Foreclosure Scams” document, please visit:www.car.org/legal/ red-flags-foreclosure-scams-3-09/ ?view=Standard

Foreclosure scams

To help provide first-time home buyers with peace of mind when purchasing a home, the c.a.r. housing affordability fund (c.a.r.h.a.f.) is offering a new mortgage protection program to first-time home buyers.

Through the Housing Affordability Fund’s Mortgage Protection Program, first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month for up to six months to help make their mortgage payments. A qualified co-buyer also can participate in the program, for a monthly benefit of $750 per month for up to six months. Program benefits also include coverage for accidental disability and a $10,000 death benefit. C.A.R.’s Housing Affordability Fund is dedicating $1 million toward its Mortgage Protection Program this

MLSListings iNC. uPdAteS

To view these new rules, use this link: https://pro.mlslistings.com/info/pdf/MLS_Rules_Showing_changes.pdf

To find out how the OTP works from the updatedStrong Authentication Guide, use the following link:

https://pro.mlslistings.com/info/pdf/SAGuide.pdf

New One-TimePassword Option Added to MLSListings Pro

New MLS RulesEffective March 1st

C.A.R. Launches

MortgageProtectionProgram

To qualify for theMortgage Protection Program,

applicants must:

Be a first-time home buyer – someone who has not owned a home in the last three years Open escrow April 2, 2009, or later, and close on or before Dec. 31, 2009 Use a California REALTOR® in the transaction Purchase the property in California Be a W-2 employee (cannot be self-employed or military personnel)

•••

More information, go to:www.car.org/aboutus/hafmainpage/

First-time home buyers must request an application for the h.a.f. Mortgage Protection Program from their REALTOR®. For applications and other information on this exciting new program, go to www.car.org/aboutus/hafmainpage/ or contact Monica Rodriguez at (213) 739-8380 or [email protected].

year, and estimates that up to 3,000 families will benefit from the program throughout 2009.

New information for Youand Your Clients

April 2009 8

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ASSoCiAtioN MeetiNGS

on maRch 10, SuSan loftuS, the San Mateo City Manager gave a citywide update at the Central

Tour meeting.

Ms. Loftus discussed the financial realities of the City’s budget and the need for difficult decisions to be made. Current revenue is $5 million less than the 2008-2009 budget, and the City has found it necessary to tap into $2 million in reserves.

The property transfer tax continues to be significantly lower and expenditure growth exceeds revenue growth, due to cost increases

Spring/Summer 2009

Affiliate directory*Coming soon*Attention Affiliates!

Contact Dalen Gilbrech,[email protected] reserve your listingenhancement today!

deadline: April 10, 2009

standard listing | FREEA standard benefit of Affiliate Membership

Bold text | $50Your Listing will appear in an alternate color with bolded text

Boxed & Highlighted | $100Your listing will appear in a filled box for extra visibility on the page

Business Card display | $200You may submit a business card or graphic listing for further visibility on the page and to promote brand recognition

uPdAte: City of San Mateo

news fromCeNtRAL touR

[San Mateo City Manager Susan Loftus] asked the REALTORS® to remain or become active in the

community, spend in San Mateo and partner with the City as they consider difficult options and

develop workable solutions.

The City will seek voter support for a $4 million tax increase on hotel and sales taxes. If the election measures are not approved, there will be deep cuts in city services, affecting police enforcement, the fire department, library services and recreation programs. Ms. Loftus asked the REALTORS® to remain or become active in the community, spend in San Mateo and partner with the City as they consider difficult options and develop workable solutions.

Lastly, Ms. Loftus spoke about working with SAMCAR on the newly revised and adopted

driven by the market. The City does not foresee an increase in departmental operating expenditures. However, to bring San Mateo into sustainable financial health, $4 million of budget reductions will be enacted by the end of June 2009, including the reduction of library hours, the restructuring of recreation centers, and labor concessions.

sign ordinance regarding signs on public property. The City understands the importance of open house signs for our industry, and did not wish to burden the ability to market your listings. As such, it is very important that you become familiar with, and adhere to this revised ordinance. Please visit SAMCAR’s website for the Guide to Cities for a link to San Mateo’s sign ordinance.

Sign Ordinance Information is available throughSAMCAR’s online “Guide to Cities” at:

http://www.samcar.org/index.cfm/guide_to_the_cities.htm

April 20099

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ASSoCiAtioN eveNtS

The San Mateo County Association of REALTORS® and the SAMCAR Foundation are holding a free Housing Expo for the public on Saturday May 2nd from 10 a.m. to 4 p.m. at the San

Mateo County Event Center in both the Meeting Pavilion and Sequoia Halls. Parking is free.

The 2009 SAMCAR Housing Expo offers valuable information about all aspects of the home buying process, including real estate investment, housing options for aging adults, foreclosure prevention, and housing assistance programs for first time homebuyers throughout San Mateo County. Four separate educational speaking areas will be held throughout the day and will feature local experts and non-profit organizations. Over 40 exhibitors will offer information and free resource materials to help navigate the course in the local real estate market.

“As real estate professionals we are in a unique position to offer the public crucial information about obtaining and owning a home. We hope the public will come out and take advantage of all that is being offered,” 2009 SAMCAR President, Olivia Edwards, stated.

SAMCAR is partnering with a variety of local non-profit organizations such as HIP Housing, HEART, the Peninsula Library System and the California Department of Real Estate to provide free resource material to attendees.

PRESENTING SPONSORSThe Michael Haigh Team - Chase

Wells Fargo Home Mortgage

EvENT SPONSORMLSListings, Inc. | Bank of America | Flip Video | W.J. Bradley and Company

MEDIA SPONSORSThe Examiner | KLIV cnn 1590 Silicon Valley News | 95.3 KRTY San Jose HOT Country

CO-SPONSORSColdwell Banker Fahey Properties | I-800-Got-Junk? | Marshall Realty

McGuire Real Estate| AMS Bekins | Pensco Trust

SUPPORTING ORGANIzATIONSHIP Housing | HEART | California Department of Real Estate | The Peninsula Library System

Bring Your Clients to the

SAMCARHousing ExpoFree Education Event To Be Held May 2nd

For more information about the Housing Expo’s educational seminars schedule, participating exhibitors,a map to the Event Center and more, go to:

www.samcar.org

Thank you to the following sponsors forsupporting the 2009 Housing Expo!

First 200 AttendeesWIll Be EnteredTo Win One Of 10Flip video Devices!

Come early and win!

April 2009 10

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Classes & Events

Weekly Education, Events & Tour CalendarAPRIL 2009

April 810 a.m.

CoAstsIde Legislative Committee MeetingLocation: Half Moon Bay Coastside Chamber of Commerce

& Visitor’s Bureau - 235 Main Street, Half Moon Bay

Legislative Committee Meetings

SAMCAR Board of Directors Meetings

April 228:30 a.m.

sAMCAR Board of directors MeetingMembers welcome to attend these monthly meetings. | Location: SAMCAR

April 98 a.m. – 5 p.m.

GRI 112: environmental Concerns, Construction overview and Land UseLocation: SAMCAR| Cost: $149Registration: http://www.eDesignations.com or 888-785-4800

April 159:30 – 11 a.m.

PenInsULA Legislative Committee MeetingMembers welcome to attend these monthly meetings. | Location: SAMCAR

April 291:30 p.m.

duane Gomer’s Popular optional Review & Group testingTo test on the five 3-hour courses this day you must receive materials by April 27. Location: SAMCAR | Cost:$79 ($89 non-member) | Register:(650) 696-8200

April 2310 a.m.

PRdsForms.com training ClassLocation: SAMCAR | Instructor: Bob Johnson | Sign-up: 650-696-8200

April 16 & 17 8:30 a.m. – 5 p.m.(both days)

CRs 205 Finance & taxIdentifying tax savings opportunities, financing alternatives, debt and mortgage management strategies, tools that will demonstrate options.Location: SAMCAR | Cost: $350 (prior registration) or $400 (at the door)Registration: (800) 277-6003 / [email protected]

May 79:30 a.m. registration10–11 a.m.session 111:30 a.m.–12:30 p.m.session 2

social networking and Internet Marketing seminarsFeaturing national recognized real estate technology presenter, Amy ChorewHeld in conjunction with the local chapter of Women’s Council of REALTORS®.Session 1: Create Quality Online Leads & Contacts through Social NetworkingSession 2: Leverage Your Listings: Get more in return for your online marketingLocation: SAMCAR | Cost: $25 per session OR $40 for bothMore info: www.amychorew.com | Register: (650) 696-8200

April 1010 – 11:30 a.m.

MLsListings What’s new? overview of Pro.MLslistings.comLocation: SAMCAR | Cost: FREE| Sign-up: 650-696-8200

April 1710 – 11:30 a.m.

essentials of Pro.MLsListings.comQuick Search, Hot Sheet, Map Search, Report Options, Quick CMA, Map View, Adding Clients. Location: SAMCAR | Cost:FREE| Sign-up:650-696-8200

April 2410 – 11:30 a.m.

MLsListings ProMaximize your Search and Listing management skills in Mlslistings ProLocation: SAMCAR | Cost: FREE| Sign-up: 650-696-8200

April 1012 noon – 5 p.m.

sAMCAR office Closed, Half dayThe SAMCAR Office will close for half a day at 12 noon on Friday, April 10. Normal business hours will resume on Monday, April 13.

May 79:30 a.m.

PACIFICA Legislative Committee MeetingLocation: RE/MAX Dolphin - 450 Dondee Way, Suite 7, Pacifica

Marketing MeetingsTuesday, April 7

MLS Tour Sheet Deadline Reminder

Broker/Property toursTuesdays 9:30 a.m. – 1:30 p.m.

Deadline to add tours in MLSMondays, 11 a.m. Entry deadlines are subject to change for holidays.

Deadline for Monday holidaysprior Friday at 11 a.m.

View tour sheet by Monday afternoonhttp://www.samcar.org/index.cfm/tour_information.htm

APRIL 3 – APRIL 10

Su Mo Tu We Th Fr Sa29 30 31 01 02 03 0405 06 07 08 09 10 11

8:30 a.m. April Combined TourElks Lodge 229 West 20th AvenueSan Mateo

Presentations: Carole rodoni

Economy and Real Estate 2009 - Will it Delight, Disappoint or Dismay?

Breakfast SponsorW.J. Bradley Company

9 a.m. Half Moon Bay TourCommunity Center 535 Kelly AvenueHalf Moon Bay