Featured Classes and Events
- Dec. 5 | Mortgage Loan License Renewal
- Dec. 6 | CVAR Installation & Holiday Breakfast
- Dec. 7 | CVAR Caravan
- Dec. 7 | Techmas Forum – Free Tech Ideas
- Dec. 12 | Broker/Sales Cram Course
Dec. 15 | Gov Hutchinson Legal Update / Annual Membership Meeting at:
Tis the Season – 2018 Dues
Look for the e-mail notice that your local, state, and national dues for 2018, plus quarterly MLS fees, are due.
22nd Annual Installation & Holiday Breakfast
Sellers Sign by Jan. 1!
Some home sellers would need a sale contract inked before the end of 2017 in order to avoid a big tax bill that would be imposed if the tax reform being proposed become law. READ MORE
What Senate Vote Means to Real Estate
The U.S. Senate, by a vote of 51-49, passed legislation that would change the face of homeownership in this country for decades to come. What does this mean and what happens next? READ MORE
Cities Report – November
Some of the issues in this month’s Cities Report include: Neighbors concerned about Fairplex, groundbreaking for veterans housing project, and Upland loses its police chief. From CVAR Government Affairs Director Bill Ruh. READ MORE
Petition: Ballot Initiative Removes ‘Moving Penalty’
C.A.R. is embarking on an historic effort to increase homeownership opportunities, one that REALTORS® can feel good about supporting. READ MORE
Client Tip: Renovations That Grab Buyers’ Attention
Southern Living magazine recently rounded up some of the renovations that get sellers the most attention for their properties. READ MORE
New Member Benefit – Realsatisfied!
Realsatisfied is a new member benefit now available that helps agents and brokers measure personal performance and customer satisfaction, with real-time reports and national bench marking. It’s a web-based application through CRMLS for collecting and measuring customer feedback. All active members look for the link you should have received via email.
CRS Name Change – The Council of Residential Specialists has been rebranded the Residential Real Estate Council (RRC) to distinguish itself from the Certified Residential Specialist designation.
Boomers Rent – more than 5 million baby boomers across the nation are expected to rent their next home by 2020. (CNBC)
FHFA Increase – 2018 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac rise to $453,100 on one-unit properties and a cap of $679,650 in high-cost areas, up from $424,100/$636,150.
Median Rental – Renters pay 29.1% of their median monthly income on housing, up from just 25.8% pre-bubble. (Zillow)
Median Own – Mortgage payments take up a smaller share of income, 15.4% in 2017 Q3, compared to 21% previously.
All REALTOR® Items Discounted in December
Why Did C.A.R. Membership Go Up $100?
To fund a ballot initiative that will allow homeowners age 55 and older to transfer their property tax basis to any home in the state, purchase any price home, and to transfer their basis as many times as they wish, Californial Association of REALTORS® directors voted to assess members $100 in the next dues billing, which you will see in the December dues billing for 2018. READ MORE
In Case You Missed It….
How End to Net Neutrality Hurts You
The Federal Communications Commission released a plan to reverse net neutrality rules, a move that the National Association of REALTORS® is concerned will make it harder for real estate companies, multiple listing services, and property data aggregators to provide their services in a cost-effective way.
Stop Problem Agents From Wrecking Your Brokerage
There’s the Hot Mess, the agent who isn’t organized and fails to communicate; the Know-It-All, who has all the answers but for whatever reason just can’t close a sale, and the Diva of the office, who hogs all the resources. How do you help those agents reach their highest potential, and turn their unique personality and quirks into strengths? READ MORE