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Viewing posts from: November 2000

NSDCAR Holiday Office Hours

Posted by L.A. Sullivan in Member Updates, News | 0 comments

All NSDCAR Offices are closed Monday, February 15, 2016 in observance of President's Day.

Applications Being Accepted for NAR Director Seat

Posted by L.A. Sullivan in Member Updates, News | 0 comments

NAR Director Seat The Association is now accepting applications for members interested in serving for the coming term on the National Association (NAR) Board of Directors. There is one (1) seat expiring this year. Applicants will be interviewed by a review panel. The appointment is made by the NSDCAR Board of Directors for a three-year term, which is reviewed and renewable annually for the term. The open term begins 01/01/17 through 12/31/19. Click application link below for eligibility requirements. NAR meetings are held twice a year – the first is in April in Washington, D.C., and the second is in November at different locations each year. The NAR Director must also be a CAR Director. Application deadline is 5:00 p.m. on Friday, February 26, 2016. Click here to apply for the position.

NSDCAR Members, Claim Your Free Inman Select Subscription!

Posted by L.A. Sullivan in News | 0 comments

All NSDCAR Members receive a FREE subscription to Inman Select, a $199/yr value!

Screen shot 2015-07-05 at 2.15.42 PM

Access timely articles on real estate, technology coverage, educational opportunities and forward thinking events! To activate your subscription, email Inman@nsdcar.com


December 2015 Form Release

Posted by L.A. Sullivan in Member Updates | 0 comments

The week of December 14, 2015, the new and revised standard forms are schedule for release. To view the forms visit http://www.car.org/media/pdf/legal/standard-forms/952640/.

2016 New Laws Affecting REALTORS

Posted by L.A. Sullivan in News | 0 comments

The California Association of REALTORS® has created a chart summarizing new laws passed by the California Legislature and the U.S. Congress that may affect REALTORS® in 2016. View the chart Current topics been affected by new laws: Advertising - "Hosting Platforms" (such as Airbnb) Must Provide Warning Auctions - Credit Bid Exception Eliminated Effective September 28, 2015 Broker and Agent Practice - Team Names Effective July 16, 2015 Broker and Agent Practice - Threshold Brokers Broker and Agent Practice - Trust Fund Withdrawals Common Interest Developments - Clothesline or Drying Racks Common Interest Developments - FHA or VA approval Effective July 1, 2016 Common Interest Developments - Water Use Effective September 9, 2015 Developments - Water Use Effective, October 11, 2015 Consumer Protection - Information Security Procedures Consumer Protection - Information Security Breach Notification Disclosures - Repeals Energy Use Disclosures for Commercial Property Discrimination - Construction Related Accessibility Lawsuits Discrimination - Protections against Discrimination Based Upon Citizenship, Primary Language or Immigration Status Employment - Discrimination Based Upon Disability and Religious Belief Employment - Discrimination Based Upon Gender, Equal Pay For Substantially Similar Work Employment - Paid Sick Leave Clean-Up Legislation Effective July 13, 2015 Employment - Use of Paid Sick Leave Escrows - Bonding and Business Location Rules for Underwritten Title Companies Effective July 1, 2016 Financing - Homebuyer's Downpayment Assistance Program Insurance - Earthquake Premiums Landlord/Tenant - Clotheslines or Drying Racks Landlord/Tenant - Insurer may not discriminate on basis on the renter's source of income or receipt of public assistance. Landlord/Tenant - Mold, Habitability Standards Landlord/Tenant - Notice of Pesticide Use Landlord/Tenant - Price Gouging During a Declared State of Emergency Landlord/Tenant - Rent Control in City of Richmond Effective Date Suspended Landlord/Tenant - Victim's Right to Terminate Tenancy Licensing - Continuing Education Licensing - Personal Information Marijuana Regulation - Structure to License Tax and Regulate Mobilehomes - Criteria for Park Approval of Purchaser; For Sale Signs Effective July 1, 2016 Mobilehomes - Disposal of Abandoned Mobile Homes Mobilehomes - Restraining Orders in Limited Civil Cases Probate Avoidance - Transfer on Death Deed with Named Beneficiary Tax - Exemption from Additional Recording Fee Tax - Fire Prevention Tax - Private Transfer Fees Utilities - Liens on Real Property Imposed by Municipal Utility Districts Water Use - Artificial Lawns Effective October 9, 2015 Water Use - Lawn Appearance

RealtyTrac Analysis: Good Schools in the Most Affordable Neighborhoods

Posted by L.A. Sullivan in News | 0 comments

RealtyTrac recently analyzed school test scores for nearly 27,000 elementary schools in more than 7,200 U.S. ZIP codes, along with home price affordability in those same ZIP codes. Out of 1,823 ZIP codes with at least one good school, 1,192 (65 percent) were unaffordable for average wage earners - meaning average wage earners need to spend more than one-third of their income to buy a median-priced home. Metro areas with the most unaffordable ZIP codes with good schools were Los Angeles (183), New York (158), San Francisco (77), Chicago (58), San Diego (49), Riverside-San Bernardino, California (39), Seattle (35), Miami (33), Denver (30), Sacramento (30), and San Jose (30). Metro areas with the most affordable ZIP codes with good schools were Chicago (172), Detroit (45), Phoenix (22), Miami (20), Charlotte (17), St. Louis (16), Tampa (15), Milwaukee (14), and Rochester, New York (13), followed by six metro areas with 10 apiece; Albany, New York; Nashville, Buffalo, New York; Rockford, Illinois; Grand Rapids, Michigan; and Kansas City. In ZIP codes with at least one good school, the median home price was nearly double the median home price in ZIP codes with no good schools. The median sales price in 2015 for homes in ZIPS with good schools was $411,573 on average, 95 percent higher than the median home sales price in ZIP codes without any good schools ($210,662). Home Prices in 2015 increased at the same annual pace in ZIP codes with at least one good school as in ZIP codes with no good schools. Median home prices increased 7 percent on average from 2014 to 2015 across the 1,823 ZIP codes with good schools and also increased 7 percent on average during the same time period in the 5,424 ZIP codes without a good school. Visit http://www.realtytrac.com/news for more on this and other real estate topics.

CALL FOR ACTION: Tell Congress No Mortgage Tax in Transportation Bill

Posted by L.A. Sullivan in Member Updates, Uncategorized | 0 comments

Ask Your Representative to OPPOSE Efforts to
Fund Transportation With a Mortgage Tax!

The Transportation Bill creates a new tax on mortgages to pay for transportation infrastructure. While the U.S. Senate has already passed the bill, the House has not passed its version of the legislation.

Call your Member of Congress TODAY!
Call 800-278-3615

Enter your PIN Number: (this is your NRDS number)
Please call between 6:00 am and 3:00 pm PST

Red Alert

C.A.R. Opposes this Tax Because:

  • It's a mortgage tax, pure and simple. Congress may want to call it a fee, but it's used for purposes unrelated to the mortgage, and is a tax. It's disingenuous to say otherwise.
  • The g-fee should only be used for its intended purpose. G-fees are meant to reduce Fannie Mae and Freddie Mac's (and therefore the taxpayers') exposure to the risks associated with guaranteeing a mortgage and for the operation of these companies. G-Fees are intended to act like mortgage insurance - This money should not be siphoned off for the general fund.
  • It's a tax on homebuyers. While everyone would benefit from improved infrastructure, not everyone pays. A significant portion of the cost would be borne only by those purchasing homes using a conforming loan. Traditionally, gas taxes have borne the burden, and are a fairer mechanism.
  • It will make mortgage finance reform more difficult. By extending this tax on homebuyers, Congress will only make it more difficult to reform the mortgage finance system. This is because any subsequent bill that changes Fannie Mae and Freddie Mac would "cost" the Treasury money and Congress would have to find an offset for that cost.
  • It will further erode housing affordability. In most areas of California, purchasing a home remains unaffordable to many. Adding yet another cost, in the form of this tax, to $8,000 or more to the median priced home will price thousands of prospective homebuyers out of the market.
  • Source: California Association of REALTORS®

    Advertising Rules in Real Estate

    Posted by L.A. Sullivan in News | 0 comments

    Keep your business free from fines and legal trouble by taking a moment to review real estate advertising rules.

    State of California Bureau of Real Estate License Disclosure Requirements for Advertising

    Review the chart showing the required disclosures of licensure for various advertising scenarios. Also included are the requirements of the Business and Professions Code, which applies to all first point-of-contact materials designed to solicit the creation of a professional relationship between the licensee and the consumer. The disclosures are required in all advertising including, but not limited to, flyers, mailers, TV, radio, newspapers, magazines, yellow pages, and the Internet. View the chart.

    Sandicor Rules and Regulations

    12.8 Advertising of Listing Filed With the MLS "A listing shall not be advertised by any participant or subscriber, other than the listing broker, without the prior written consent of the listing broker except as provided in Section 12.16 relating to display of listings on the Internet." View Sandicor Rules and Regulations

    Legal Q&As on Real Estate Advertising

    Advertising by REALTORS® (Login) Advertising Someone Else's Listing (Login) How to Properly License Property Photographs

    Sentrilock SentriSmart Update

    Posted by L.A. Sullivan in Uncategorized | 0 comments

    Effective October 1, 2015, Sentrilock's SentriSmart System will no longer support devices using IOS6. This is the operating system used on Apple's iPhones, iPads, and iPods. Starting October 1, 2015, agents using IOS6 will no longer be able to use SentriSmart to access a lockbox. Also, starting October 1, 2015, all SentriSmart users regardless if they use an Apple of Android product will be required to update to the most recent version of the application. For additional information or assistance, contact Sentrilock Support at (877) 736-8745.

    Paragon is Now Certified for Windows 10 OS Compatibility

    Posted by L.A. Sullivan in News | 0 comments

    Paragon Users! Windows 10 has been added to the list of compatible and supported operating systems for use with Paragon MLS system.


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