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Your Voice
in Real Estate™ |
26529 Jefferson Ave. Murrieta, CA. 92562 |
SRCAR’s Blog
On March 4th, 2010 SRCAR sent out a survey to all the Brokers and Operating Managers to get a feeling of where the membership stands and see how things are going.
We sent the survey to 637 members, and had a total of 42 responses and there were a total of 13 questions. See the results below!
Please choose only one of the following:
Written by: Gene Wunderlich, SRCAR GAD
Seems like everywhere you look there’s more bad news on the housing front. Make that everywhere you look but here. I’m chockfull of tidings of good cheer right now and hoping I won’t be proven chockfull o’nuts before mid-year. It could go either way.
Let’s start with good news for homebuyers. The FHA has been very busy lately doing some good things for the market. Since they are currently backing about 30%+ of housing loans in this country (80% of first time buyers), whatever they do has a significant impact. Back in November we had a chance to chat with FHA Commissioner Dave Stevens, a Realtor® himself, and we were much encouraged by his take on the market.
Since then they have made a couple serious moves to further benefit home buyers including increasing the number of properties an investor can hold and, as of February 1, waiving their 90 day anti-flipping rule for one year. Why are these good moves? Well, 18 – 24 months ago many of the REO (bank-owned) properties on the market were in pretty good condition. You could buy one and move right in. Today, many of the homes are pretty thrashed making it impossible for somebody to move in without some degree of re-hab – new appliances, flooring, windows, electrical wiring, plumbing, etc. 1st time homebuyers usually can’t afford to do that nor can they get financing on a house like that anyway.
Come Join Us at the 2009 SRCAR Annual Meeting!!
Wednesday, August 5, 2009
8:30 a.m.
Ponte Winery
(Doors open at 8:00 a.m. with meeting scheduled to begin at 8:30 a.m. – tickets must be presented at the door for entry; Breakfast Buffet will be provided)
Tickets On Sale NOW!
Cost: $ 5.00 per person
Special Thank You to Our Sponsors: Bank of America, Vintage Mortgage Group, WIN Home Inspection.
SRCAR Annual Meeting is open to all SRCAR REALTORS & Affiliates in Good Standing.
If you have any questions, please call the Association Office at 951-894-2571.
The Southwest Riverside County Association of REALTORS® and Affiliates are putting on a Bowling Scholarship Fundraiser Wednesday June 10th, 2009. It will be from 3pm-5:30pm. All the proceeds go toward helping fund the scholarships that go to all the local high schools in our area.
Brunswick Cal Oaks Bowl
40440 California Oaks Road
Murrieta, CA 92591 (map/directions)
$25.00/bowler, Includes 2 games (no tap), Shoes and Ball.
This event sells out so please reserve your space early!!!!!!!
For more information, please call Jan Duran @ 951-837-7227.
Enhance your knowledge! This course provides an overview of every aspect of bank–owned properties. You will be introduced to the many ways to profit in the multi-faceted, dynamic field of real estate owned listing and sales. Learn with and from your peers and expand your contacts among other agents. Every phase of this rapidly expanding field is represented through a real world application in California.
Course Topics:
Questions: Call Leslie 951-894-2571
Please download the FLYER for more information.
| MLS COMPLIANCE REPORT |
July 2008 |
June 2008 |
May 2008 |
| Total Possible Violations Received | 962 | 932 | 576 |
| Total Violations Notices Mailed Out |
34 | 13 | 29 |
| Total Violation Notices Mailed Out With/or Resulting in Fines |
11 | 0 | 0 |
| Total Courtesy Calls/Emails (Does Not Count as Citation Notice) |
211 | 670 | 371 |
| Fines Due (Waiting For Payment or Possible Request For Review/ Hearing/Class sign-up) |
2 Totaling $1,500 | 0 Totaling $0 | 0 Totaling $0 |
| Pending Fines (Awaiting Hearing) |
0 Totaling $0 | 0 Totaling $0 | 0 Totaling $0 |
| Pending Fine (Awaiting Administrative Review) |
0 Totaling $0 | 0 Totaling $0 | 0 Totaling $0 |
| Fines Due After Review/Hearing (Not including Payment Plans) |
0 Totaling $0 | 0 Totaling $0 | 0 Totaling $0 |
| Fines Due (Payment Plans) |
1 Totaling $400 | 1 Totaling $500 | 1 Totaling $600 |
| Fines Pending Possible Waiver if Citation Policy Course is Attended (appropriate paperwork has already been submitted) |
7 Totaling $5,500 | 0 Totaling $0 | 0 Totaling $0 |
| Fines Due (Accumulative: Offices Have Been Inactivated Until Fine is Paid) |
3 Totaling $4,100 | 3 Totaling $4,100 | 3 Totaling $4,100 |
| Total Amount in Fines Due (Accumulative) |
$11,500 | $4,600 | $4,700 |
| Total Amount in Fines Paid |
$600 | $100 | $1,600 |
| Fines Waived (for reasons other then attendance of citation course) |
1 Totaling $1,000 | 0 Totaling $0 | 1 Totaling $200 |
| Fines Waived After Attendance of Citation Policy Course |
0 Totaling $0 | 0 Totaling $0 | 9 Totaling $7,800 |
| Total Amount in Fines Paid/Waived |
$1,600 | $100 | $9,600 |
Top Areas of Citations for July
1.9 – Misuse of Data with intent to mislead – 11
2.4- Misuse of Public Remarks- 8
1.10 – Inappropriate Image and Virtual Tour Links – 4
1.4- Entry of a property listed by a non-MLS member-
2
2.3- Wrong Property Classification-2
1.5- Inaccurate listing status- 2
1.8- Conditional offers of compensation- 2
SAFETY- 2
2.1- Duplicate listings-1
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