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i. 6 / vol. III www.samcar.org Monthly Newsletter of the San Mateo County Association of REALTORS ® JUNE 2010 SAMCAR Legislative in this issue... Message from the President page 1 Message from the EO page 2 SAMCAR Announcements pages 1 & 2 RSVP Week: A Success Due To SAMCAR Volunteers pages 7 & 8 Affiliate News page 8 May Combined Meeting pages 9 & 10 NAR’s 2010 Legislative Agenda pages 5 & 6 Red Alert Update: Portable Appraisal Bill Held in Committee page 3 Legislative Day: June 9, 2010 page 3 2010 Voter Guide Primary Election is June 8 page 3 MLS MLSListings, Inc. Updates page 7 Redwood City Councilman Jeff Gee To speak at June 1 Combined Tour 2010 Annual Charity Golf Tournament Golfers, sign up by June 1 for the Early Bird Discount and be entered to win a FREE foursome! page 10 SAMCAR Returns from Washington D.C. NAR’s 2010 Legislative Agenda pages 5 and 6 Misc. Fraud Alert! page 4 A message from the DRE page 4 SupraWEB update page 9

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Page 1: SAMCAR Returns from Washington D.C.2010 Annual Charity Golf Tournament Golfers, sign up by June 1 for the Early Bird Discount and be entered to win a FREE foursome! page 10 SAMCAR

i. 6 / vol. III

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

June2010

SAMCAR

Legislative

in this issue...

Message from the Presidentpage 1

Message from the EOpage 2

SAMCAR Announcementspages 1 & 2

RSVP Week: A Success Due To SAMCAR Volunteerspages 7 & 8

Affiliate Newspage 8

May Combined Meetingpages 9 & 10

NAR’s 2010 Legislative Agendapages 5 & 6

Red Alert Update: Portable Appraisal Bill Held in Committeepage 3

Legislative Day: June 9, 2010page 3

2010 Voter GuidePrimary Election is June 8page 3

MLSMLSListings, Inc. Updatespage 7

Redwood City Councilman

Jeff GeeTo speak at June 1

Combined Tour

2010 Annual CharityGolf Tournament

Golfers, sign up by June 1 for the Early Bird Discount and be entered to win a FREE foursome!

page 10

SAMCARReturns fromWashington D.C.NAR’s 2010 Legislative Agendapages 5 and 6

Misc.Fraud Alert!page 4

A message from the DREpage 4

SupraWEB updatepage 9

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monthly newsletter of the

San Mateo CountyAssociation of realtors®

www.samcar.org

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

2010 PresidentPresident Elect

Region 25 ChairDirectorDirectorDirectorDirectorDirectorDirectorDirectorDirectorDirector

Affiliate DirectorDirectorDirector

Jennifer TastoSusan VaterlausOlivia T. EdwardsEric BerggrenRobert BrisbaneJohn CliffordBobbi DeckerSuzan Getchell-WallacePhillip HoustonKaron KnoxAnne OlivaDennis PantanoEdgar TulcanazaDiane WilsonDavid 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

EDITORIAL TEAM

Director of Government Affairs Publications Designer

Michon Coleman Dalen Gilbrech

Copyright © 2010

Our VisionThe Voice for Real Estate Professionals

and Property Owners in San Mateo County.

Sales statistic reports are available on samcar.orgEvery month SAMCAR formats data compiled by MLSListings Inc. into PDF sales statistic reports for Single Family Residences and Common Interest Developments in San Mateo County including sales price, average days on market, median price and more.To view monthly Sale Statistic reports online at www.samcar.org/stats

* Notice to Members *The Board of Directors has approved a motion to make the Association Financial information

available for review at the SAMCAR office.

Please make an appointment withSteve Blanton or Alane Gilbrech.

ANNOUNCEMENT

Jennifer F. Tasto2010 SAMCAR President

Recently, we traveled to Washington D.C. for the National Association of REALTORS® Mid-Year meetings. NAR’s meetings draw REALTORS® from all across the

United States, including Hawaii and territory of Guam.

Since political advocacy is an integral part of what NAR does, we had the opportunity to meet with our Congressional delegation: Representative Jackie Speier and Representative Anna Eshoo to discuss the issues that affect our industry. Specifically, we discussed legislation regarding:

(1) commercial mortgage market liquidity;(2) GSE (Fannie Mae and Freddie Mac) reform and GSE loan limit;(3) affordable property insurance including flood insurance; and(4) FHA reform and FHA high loan limits.

In addition to these issues, Congresswoman Eshoo and Congresswoman Speier were concerned about the foreclosures and short sales in San Mateo County and how the banks have been in working with our REALTORS® and the consumers.

The issues above are addressed in the House and the Senate, along with the thousands of bills and specific hearings. We, as REALTORS® have a deep commitment to political advocacy on the issues and legislation that affect how we do business as real estate professionals. In a related matter, the Call to Action Program of NAR is a tool to reach the nearly 1.2 million REALTORS® in the country. It is a vehicle through which REALTORS® can more directly and effectively lobby their State and Federal lawmakers. If you have not signed up for this program, please take the time to do so at www.REALTOR.org or call Michon Coleman, SAMCAR Director of Government Affairs for any further questions and more details.

Message from your 2010 PREsidEnT

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Message from the ExEcuTivE OfficER

SAMCAR Board of Directors Appointments

Bobbi Decker was appointed to the HIP Housing Board of Directors.

Suzan Getchell-Wallace was appointed to the Housing Leadership Council.

David Zigal was appointed to the Department of Real Estate Broker Supervision Task Force.

ANNOUNCEMENT

REAlTORS®

Welcome New MembersThe following members joined in May 2010

Quirina Buchwald,Intero Real Estate Services

Lisa L. Laughlin,Prudential California

Cristina Madrid,Terrace Associates

Ashok Patel,Pacific Star Realty

Melissa Roosakos,Alain Pinel Realtors

AFFiliATES

Joel Canon,RoofRX

Doris Orozco,Cort Furniture Rental

Steve Blanton, RCE, CAESAMCAR Executive Officer

I find that it is best to start a new relationship with an introduction. My name is Steve Blanton, and I am very pleased to be SAMCAR’S new Executive Officer. While I may be new

to SAMCAR, I am not new to the Bay Area. I grew up in Los Gatos, attended all local schools and served twelve years on the Los Gatos Town Council including a stint as Mayor.

I am also not new to real estate. From 1998-2002, I served as the Government Affairs Director for the Silicon Valley Association of REALTORS®. After serving as the Executive Director for a non-real estate related trade association, I returned to the world of organized real estate as the CEO for the Rogue Valley Association of REALTORS®, and when the position of Executive Officer of SAMCAR opened, the prospect of returning home and working in an industry I love was too good to miss.

I am delighted to be here and I look forward to working with you to ensure that SAMCAR is meeting your needs in its traditional areas of strength: Education, Professional Standards and Government Affairs. I also am interested in creating a more proactive presence in the community for SAMCAR and its Foundation so that the general public understands the many good things REALTORS® do every day for their communities and the value that REALTORS® bring to the real estate transaction.

Another goal is related to technology. We all know that technology continues to have a dramatic impact on society and thus on how we do business. I want SAMCAR to provide the tools that you need to compete and dominate in emerging arenas such as social media.

I look forward to connecting with you and hearing what is on your mind. I’ll be at tour meetings, committee meetings and SAMCAR events, so please say “hello” and let me know what you’re thinking. You can also e-mail at: [email protected]

JunE 2010 2

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LEGISLATIVE UPDATES

Red Alert Update:Portable Appraisal Bill

Held in Committee

C.A.R. is sponsoring SB 1000 (Correa), making appraisals “portable” if a buyer must change lenders.

C.A.R. is sponsoring SB 1000 to address the problem caused by lenders requiring the preparation of another home appraisal even if an appraisal has already been obtained and paid for by the buyer for another lender. SB 1000 was to have been voted on in the Senate Banking, Finance and Insurance committee. However, opposition from Senator

Ron Calderon, the committee’s chair, and lender groups made passage by the committee impossible. C.A.R. and Senator Correa, the bill’s author, decided not to bring the bill up for a vote.

Thank you to everyone who contacted their senator in support of the bill or to share anecdotes about problem appraisals.

LEGISLATIVE DAy 2010

If you are interested in meeting with our state legislators and discussing issues important to our industry at the State Capitol, please contact SAMCAR. Join us for legislative meetings, a luncheon featuring a local political consultant, and C.A.R.’s opening session, featuring Assembly Speaker John Perez and Senate Minority Leader Dennis Hollingsworth. For more information,

contact sAMcAR at (650) 696-8200. Space is limited, so call soon!

Have you signedup to attendSAMCAR’s annual Legislative Day?

SAMCAR Endorsed Candidates

Richard GordonState Assembly, 21st District(current incumbent, Ira Ruskin is termed out)

Carole GroomSan Mateo CountyBoard of Supervisors, District 2

Don HorsleySan Mateo CountyBoard of Supervisors, District 3(current incumbent, Richard Gordon is termed out)

C.A.R. Supported Ballot Measures

Vote “YES” on Proposition 13Property Tax: New ConstructionExclusion – Seismic Retrofitting.

Vote “NO” on Proposition 16New Two-Thirds Requirement forPublic Electricity Providers.

SB 1000 addresses the problem caused by lenders requiring thepreparation of another home apraisal even it an appraisal has

already been obtained and paid for byt he buyer for another lender.

JunE 20103

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DEPARTMENT OF REAL ESTATE UPDATE

CULTURAL DIVERSITy − EqUAL OPPORTUNITIES COMMITTEE

Greetings. Please let me take this opportunity to provide you with some important information.

Please use the links below to access short sale information that has been posted to the DRE website including an article in the Spring 2010 Bulletin regarding short sale fraud.

http://www.dre.ca.gov/pdf_docs/Article_ShortSales03_2010.pdf http://www.dre.ca.gov/pdf_docs/rebspring_10.pdf

I also would like to bring to your attention a relatively new service we are offering to keep everyone up to date on changes posted to our web site. It is simple to set up and will automatically send you a notice of changes and new DRE website postings. Under the Services section on the far right of the DRE Homepage is a Subscribe DRE RSS button. Click on the button, enter your email address, and confirm your subscription via an email forwarded from us to you. Once you are a part of the subscription services, you will be emailed as changes to the website are published.

Jeff Davi,DRE Commissioner

SAMCAR CultuRAl DiveRSityequAl OppORtunitieSCOMMitteeinvites youto a . . .

Please join us to meet fellow SAMCAR members and leaders from the Bay Area’s multiethnic

real estate organizations.

Food and drink from various cultures will be provided!

Thursday, June 244 to 7 p.m.

98 Mc cormick Lane, Atherton

RSVP to Alex Khalfin by Friday, June 18at (650) 696-8209 or [email protected]

A Message from

DRE CommissionerJeff Davi

FRAuD AleRtUpdated May 24 2010

Summary of the scam and suspectsSuspects Roger and Diana Buack will pose as interested home buyers of high-end homes; approach Realtors and claim to have several million dollars coming to them from “overseas accounts.” After developing a relationship with the Realtor, the suspects will tender an offer for the property, but claim that the money is being held up overseas due to various excuses. The suspects will ask the Realtor to loan them money for the down payment, plus money to help them pay customs fees to free up their overseas money, often giving fake documentation to support their claims. In exchange for a loan by the Realtor, the suspects will promise a 100% return on their investment within 48-72 hours of the loan.

If you meet suspects Roger or Diana Buack and encounter suspicious activity, you are urged to call the Alameda County District Attorney’s Real estate Fraud Division at (510) 569-9281attention: Deputy District Attorney David Lim.Please reference case # 124838

Roger Dungan BuackDOB: 09/10/1944

Diana l. BuackDOB: 03/11/1950

JunE 2010 4

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NAR’s2010LegislativeAgenda

news from the NATIONAL LEGISLATIVE MEETINGS

SAMCAR met with Congresswoman Anna Eshoo and Congresswoman Jackie Speier during our annual trip to Washington, D.C. The meetings were quite successful,

as both Members agreed strongly with our legislative issues. Here is a summary of the legislative agenda we discussed

Affordable and Available Property InsuranceCongressional Action requested: Adopt legislation that encourages the availability and affordability of property insurance, including a long-term reauthorization of the National Flood Insurance Program (NFIP) and natural disaster coverage.

Commercial MortgageMarket LiquidityCongressional Action requested: Take action to enhance liquidity in the commercial real estate market to avoid driving down economic recovery.

SAMCAR Directors and senior staff recently returned from NAR’smeetings in Washington D.C. replete with a new legislative agenda

A D V E R T I S E M E N T S

866.805.4545MerimontHomes.comDRE# 0130189

MERiMont San Bruno

New single-family homesStunning Bay viewsMove in soonFrom the mid $800,000sPrices subject to change.

Broker Co-Op

JunE 20105

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news from the NATIONAL LEGISLATIVE MEETINGS

Protecting Affordable, Safe Financing for AmericanFamiliesCongressional Action requested: Strengthen the FHA mort-gage insurance program, make permanent the higher FHA loan limits and exercise caution before considering additional proposals that may have a profound adverse impact on FHA programs that serve such a critical role for our nation’s families.

GSE Reform and GSE Loan LimitsCongressional Action requested: Enact legislation to restructure Fannie Mae and Freddie Mac (the GSEs) in a manner that provides the federal government a continued role in the secondary market in order to ensure mortgage liquidity in all markets. As well, enact legislation that makes permanent the higher GSE loan limit formula and caps in order to provide affordable financing for all borrowers in all markets.

If you would like more information about these items, please contact your Government Affairs staff

at (650) 696-8200.

Congresswoman Anna Eshoo attendinga meeting with SAMCAR.

Congresswomen Jakie Speier and Anna Eshoo meeting with SAMCAR and discussing the legislative issues

facing the real estate industry in 2010.

A D V E R T I S E M E N T S Reserve your ad spot today! Contact Dalen Gilbrech at SAMCAR: [email protected] or (650) 696-8206

JunE 2010 6

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Contributed by Julie Ziemelis

SAMCAR would like to thank the RSVP Team Captains and volunteers who stepped up to the challenge of helping seniors during the REALTORS® Service Volunteer Project the week of May 3rd through 7th. There were more senior homes in need of maintenance work this year than there were volunteers, so we were thrilled when

RSVP WeekA Success due to

SAMCARVolunteers

AFFILIATE NEWS

news from RSVP WEEk

does Certification really mean anything when it comes to home inspectors?

Certification is a word tossed around in many professions and in some cases can be misleading. It is the public’s assumption that if a firm calls themselves certified that this lends creditability to that firm. It is important to note that certifications are usually earned from a pro-fessional society or educational institute, not the government. Where the home inspection profession is concerned here in California, there are no state mandated certifications or licensing programs. The State of California governs the profession under California Business and Professions Codes §7195-7199 which were enacted in 1998.

Where does this leave the profession and how does the client or Realtor® know if the home inspection firm they hired is qualified? Certification of the home inspector is through one of the many associations that one can become a member of. The two most prominent are the American Society of Home Inspectors (ASHI) and the California Real Estate Inspection Association (CREIA). Lesser recognized associations tend to attract the newer inspector as it is generally easier to become a member. They also have been around for less time than ASHI or CREIA.

What sets ASHI and CREIA towards the forefront is not only their longevity of existence but their stronger requirements for membership and testing. The tests that are required to be taken to become full members are psychometrically valid tests. That means that they have

been reviewed by specialists in test creation and will hold up in a court of law.

In 2009 ASHI asked the Institute for Credentialing Excellence, (www.ice.org) an internationally recognized accreditation body, to review their certification program. After review by their board, ASHI was able to pass their stringent guidelines. These are expensive reviews and not all associations have the funds to spend. ASHI with its 1000’s of members as support were able to afford this review process.

Whether the firm you retain is a single mom & pop or a multi inspector inspection firm they all should be questioned as to the qualification of the person that will be inspecting the residence or commercial property. Without the proper training and oversight of that individual, there is the potential for critical issue to be overlooked. An experienced inspector should be able to provide upon request, a truthful resume.

There is within the associations such as ASHI and CREIA and through the California Coalition of Home Inspectors or CCHI, a push to improve the current laws as referred to above. These improvements range from a minimum amount of inspections that are reviewed by their peers to a minimum amount of education every year.

In closing, certification in the home inspection profession is not that hard. To be qualified to provide an honest, non biased report of the conditions within the home requires constant education, experience, periodic review by their peers and strong writing skills. The report may appear to be attacking the home when in reality the report should be providing the information to the reader so to make a clear decision. Is this home right for their family or is it a bigger project better left to a different type of buyer.

JEFF FRISHOF, President of Eagle One Services LLC(650) 365-4778 | www.ea1services.net

Contributed by Jeff Frishof, Eagle One Services LLC

dozens of VERy enthusiastic and dedicated volunteers rose to the challenge to participate. The Team Captains were instrumental in spearheading the effort to lead the SAMCAR volunteers in helping 100 seniors in San Mateo County with tasks around their homes, including safety checks and installation of new smoke detectors. A special thanks to our 2010 RSVP Team Captains: Alan Louie, Norman Goldau, Nancy Carlucci, Alan Canas, Jean Lu, Suzan Getchell-Wallace,

RSVP Team Captains and association staff at the wrap up BBQ.

JunE 20107

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See more pictures on Facebook!

www.facebook.com/samcar.fans

SAMCAR Updates • Event Photos • Upcoming Classes • and more!

The Cashin team setting up to help out at the home of a localsenior as part of this great annual volunteer program.

2010 ANNUAL CHARITy GOLF TOURNAMENT

news from RSVP WEEk

A BIG kudos to Alan Louie, who opened his home (and cut and marinated meats, made pies, shopped, etc) and hosted the RSVP Wrap Party as way of showing appreciation for the volunteers. Everyone enjoyed a gourmet bbq and recounted stories of how the seniors were so happy to have the volunteers visit and help them.

SAMCAR President, Jennifer Tasto and new Executive Officer, Steve Blanton both were on hand to give a round of personal thanks to all the volunteers.

A behind-the-scenes thanks to Julie Sanchez, SAMCAR Customer Service Representative, for coordinating the volunteers, seniors, and supplies to help make the week run smoothly for all.

Team Captain Alan Louie with Ann Palermo and one of themany homeowners helped by RSVP volunteers this year.

Mary Ann Teixeira, Peter Ahern, Carolyn Shade, and Johan Zandi.

There were some heroic deeds of pure grit performed by many, including Ann Palermo, Moe Arshad, Anson Chan, Susan Gogol, and many others and SAMCAR thanks you for the effort you all gave this year to make the RSVP Week a success!

Many of the RSVP volunteers attended a wrap up BBQ in appre-ciation for their service to seniors throughout San Mateo County this year

San Mateo County Association of REALTORS® Foundation850 Woodside Way, San Mateo, CA 94401 | Tax ID # 94-3163126

phone (650) 696-8200 | fax (650) 342-7509 | www.samcar.org

Golfer PackagesEarly Bird Discount and Special Offer!

http://www.samcar.org/userfiles/file/GOLF10_GolferReg.pdf$200 per golfer if you register before June 1st($225 per golfer after June 1st)Sign up by June 1st and be entered into adrawing to win a FREE foursome! Drawing will be held at the June Combined Meeting on Tuesday, June 1.

Hole Sponsorships http://www.samcar.org/userfiles/file/GOLF10_Sponsorship.pdf

All sponsorships include sign advertising on the tee and acknowledgment in the tournament program and selected printed materials.

sAMcAR Members$250 no alcohol | $375 permission to serve alcohol at your tableHole sponsorship also includes a 50% discount on any Tour Sheet or newsletter ad placed between August 2010 and August 2011.Pending ad space availability.

Complete information and sign-up forms at

www.samcar.org/events

JunE 2010 8

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SupraWEB New Look,Better Site!

Check out SupraWEB and you’ll notice something different after you log in. Today we’re introducing a new Supra logo. For 55 years, Supra has been a trail-blazer in real estate agent productivity. We feel it’s only fitting that SupraWEB, your hub for real-time showing informa-tion, has a brand that promotes Supra’s experience and leadership. Please note that you may see GE Security on some pages and material during this time of transition.

We are also pleased to let you know that we have made the following additional improvements on the new supraWEB site:• your key will reliably stay linked to your SSO login after MLS listing updates to our system . • you can now view the entire feedback mes-sage; it is no longer restricted to 60 characters.

There is still an issue with the email link to leave feedback, which we are working quickly to resolve.

Also check out:

We encourage you to log into SupraWEB from www.supraekey.com and learn abo SSO Setup Demo ut the new tools that will transform real-time information into money-making opportunities!

We sincerely appreciate your continued business. We are working hard to add even more benefits that will make your life easier.

Sincerely,GREG RUSSELLProduct Marketing Manager

At the Combined Tour meeting on May 3, SAMCAR’s new Executive Officer, Steve Blanton, was introduced to the membership by President, Jennifer Tasto. Steve gave a brief overview on himself and briefly discussed his goals for SAMCAR, which included: focusing on professional standards, political advocacy, education and media outreach.

Jennifer Tasto convened the Annual Meeting and reported that SAMCAR membership was strong at 3,000 and gave a brief update.

Anne Lanphar, Vice President and Legal Counsel, First American Professional Real Estate Services then provided an update on escrow issues that were currently affecting REALTORS® and mortgage professionals. Here are a few highlights:

the foreclosure crisis has made following procedures paramount to closing an escrow successfully. To ensure a clear title, title companies will continue to be diligent and investigative in making sure that lenders have performed their jobs correctly.

Federal tenant’s Rights law Effective May, 2009, if a tenant is living in a home that has been foreclosed upon, the tenants are still covered by public law 111-22. A bona fide lease is still in effect after the foreclosure and the tenants need a 90-day termination notice. A new buyer of a foreclosed property needs to know that the lease has to remain effective. This does not apply to owner occupied homes.

new ReSpA Rule The new HUD1/1A is now tied to the Good Faith Estimate. HUD believes that if consumers understand the paperwork

Combined Meeting included . . .new SAMCAR executive Officer, Annual Meetingand escrow updateContributed by Julie Ziemelis

news from COMBINED MEETING

MLSLISTINGS INC. UPDATE

MLSListings is excited to announce a significant enhancement to its enterprise technology − coming this November − which will impact the way subscribers search, manage clients and conduct other routine transactions on the MLS. By the end of the year, Matrix will become the primary search engine interface within the Pro platform, providing all search, reports, client manage-ment and statistics functionality. MyListings, Strong Authentication, Account Manage-ment, Data Share and Reciprocal Access will

remain unchanged. Since the Matrix interface was first integrated with the Pro platform in June 2009, over 30% of subscribers have converted to the application.

Over the next eight months, MLSListings will guide you through the progression to the new Matrix application from the current Pro application. you’ll make this switch smoothly and gradually with the help of training tools and resources, available whenever and however they work best for you.

MLSListings Announces Progression to Matrix Technology by year End

SSO Setup Demo www.gesecurity.com/GESecurity/Real%20Estate/Subcontent/Brochures%20and%20flyers/ssologin.htm SupraWeB Guide www.gesecurity.com/GESecurity/Real%20Estate/Subcontent/Brochures%20and%20flyers/SupraWEB_Guide.pdf SupraWeB Mobile Guide www.gesecurity.com/GESecurity/Real%20Estate/Subcontent/Brochures%20and%20flyers/Mobile_SupraWEB.pdf

JunE 20109

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To sign up, please call(650) 696-8200Space is limited, registration required.Both classes located at SAMCAR.

news from COMBINED MEETING

MLSLISTINGS INC. UPDATE

On June 1st, MLSListings will debut a new portal page called “MyNewPro”. This portal page will be your one-stop-shop for all of the information you need to get acclimated to the new Matrix interface. User guides, video tutorials, access to the training calendar, quick-tip sheets, checklists, feedback forms and much more will be found here. MLSListings is also developing a series of announcement and reminder notices in various formats to ensure users are on-track with their education curriculum, and engaging the resources of Associations to help provide training solutions and coordinate the dissemination of key information about the Progression.

This new technology platform is the culmination of a nearly year-long development that was con-

ceived, driven and supported by subscribers, Broker-based Board of Directors, the MLS Advisory Group, and many others. The new platform will provide the same functions agents use in their daily operations, plus provide exciting new features − and both interfaces will be accessible through the new landing page.

Thursday, June 1011 a.m. to 12:30 p.m. This beginning class will teach you about the basics of Twitter, Facebook, SEO, Wordpress and youTube. If you have been hesitant about learning about social media tools, this is your chance to see the sites, ask questions and find out if these tools are for you.

Cost: $10(or sign up for both classes for $25)

Thursday, June 101 to 2:30 p.m. Learn how to set up a Facebook Business page with best practices, how to create a youTube channel, and how to set up a Google Business page and profile. Hand outs available.

Cost: $20(or sign up for both classes for $25)

Hilda Ramirez (Got2BSocial)will be presenting TWO classes!

and can shop their loans, they would save an average of $700 on the transaction. On page one, there is a summary of loan terms which are fixed for 10 business days and can not be changed by the lender. Page two breaks down the origination charges that will be assessed against the borrower including title insurance and lender fees. Page three provides general information to the consumer as to how best to use the form to comparison shop.

the HuD1 terminology now matches the Good Faith Estimate language, which, again, makes it easier for the consumer to compare rates. The GFE helps make the loan terms and rates crystal clear as to avoid “closing shock” when the consumer is at the signing table.

The GFE and the HUD1 are tied together, and a transaction can not close without the two documents being sent to escrow together.

California SB 306 If a lender has agreed to a short sale, they have 21 days to respond. They have four days to approve a HUD1. This should help get short sales to close more quickly.

Ms. Lanphar discussed some of the C.A.R. Residential Purchase Agreement changes and stressed that every REALTOR® needs to be familiar with the changes.

Please come to the C.A.R. RPA update class, presented by Gov Hutchison, at SAMCAR on July 17th. Call SAMCAR for details.

Pictured left to right: SAMCAR’s new Executive Officer Steve Blanton;2010 SAMCAR President Jennifer Tasto; Vice President and Legal Counsel,

First American Professional Real Estate Services Ann Lamphar;and SAMCAR Affiliate Council Chair Joshua Cantrell

SAMCAR will be holding severalFREE classes on the Matrix application:Essentials of MatrixJune 11 / 10:30 a.m. to 12 p.m.Mastering Matrix June 11 / 1:30 to 3 p.m.call to register (650) 696-8200

JunE 2010 10

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Classes & Events

Weekly Education, Events & Tour Calendar

June 1611 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

June 169:30 – 11 a.m.

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

June 2010May 31All day

saMCaR office closed for Memorial dayThe SAMCAR office will be closed on Monday, May 31for the Memorial Day holiday.TOUR DEADLINE is Friday, May 28 by 11 a.m.

June 238:30 a.m.

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

June 38 a.m. – 5 p.m.

GRi 114: essential Concepts of the C.a.R.Residential Purchase agreementLocation: SAMCAR | Cost: $149Registration: http://www.eDesignations.com or 888-785-4800

June 39:30 a.m.

PaCifiCa Legislative Committee MeetingLocation: 450 Dondee Way, Suite 7, Pacifica

June 1712:30 registration1 – 5 p.m. presentation

Gov Hutchinson presents C.A.R. Forms UpdateAn overview of the recent and substantial changes to the new C.A.R. Residential Purchase Agreement. If you are an active REALTOR®, you must know the changes to the RPA to avoid potential liability. 4 hours of Consumer Protection Continuing Education CreditLocation: SAMCAR | Cost: $59 | Register: (650) 696-8200

June 411 a.m. – 1 p.m.

LUNCH & LEARN: Microsoft Word Mail MergeLearn how to create and print Envelopes, various Labels and how to set up a Mail Merge. You’ll create a customized name, address list, and merge the list to print onto personalized letters, labels and envelopes.Location: SAMCAR | Cost: Free | Register: (650) 696-8200

July 1912 p.m. shotgun start6:30 dinner 7:30 auction

annual Charity Golf tournament & auctionGolfing and Sponsorship packages: www.samcar.org/eventsLocation: Green Hills Country Club, 500 Ludeman Lane, Millbrae, CA

June 1 & 22 – 3:15 p.m.Real Estate Investment & Lease Analysis

June 3 & 42 – 3:15 p.m.Development Analysis and Valuing Land

Raising Your Commercial IQ WEbINAR SeriesIncrease your knowledge and ability to analyze, list and sell commercial real estate by participating in the Commercial IQ Webinar series. Instructor: Neil Osborne. Neil was selected by the National Association of Realtors commercial division to present at the 2008 annual convention and was selected again to present in San Diego in 2009.Cost: Each Webinar is $35 plus GST. Attend all three Webinars for $85. Includes comprehensive workshop manuals.Register: (604) 878-1828 or [email protected]’s a webinar? If you are uncertain as to what a Webinar is and how it works please call Brent at 1-877-878-1828

Marketing MeetingsTuesday, June 1

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. Deadlines subject to change for holidays.

deadline for Monday holidaysprior Friday at 11 a.m.

View tour sheet by Monday afternoonwww.samcar.org/tour

MAY 28 – JUNE 4

Su Mo Tu We Th Fr Sa23 24 25 26 27 28 2930 31 01 02 03 04 05

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

Presentations: Jeff Gee,Redwood City Council

Breakfast:TBA

9 a.m. Half Moon Bay Tour Community Center 535 Kelly Avenue, Half Moon Bay

9:30 a.m. Pacifica TourCommunity Center540 Crespi Drive, Pacifica