Dear ,
Welcome to DeltaNewsViews!
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DAR Election Results
Officers and Directors Elected for 2011
| Congratulations to all the candidates who participated in DAR's 2010 Elections. It's official: Cecily Tippery, of Coldwell Banker Amaral & Associates will be your President-elect in 2011. Cynthia Alfred, from Realty World Delta Country has been elected to be your Treasurer. In addition, Scott MacIntyre (Better Homes Mann & Associates), Ramesh Suman (Majestic Properties) and Cathie Marples (Marples and Associates) were each elected to three year terms on the board of directors.
Voters also approved the bylaws amendment adding a section under the Honorary Member For Life category that would make any member with 40 years of continued board service (regardless of age) eligible to be given the status. Local Association Dues are waived for Honorary Members For Life.
Voter turnout was higher than anytime in recent history, with 25.9 percent of the eligible voters casting their ballots.
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REALTOR or REAL-a-TOR?
Members Are Sensitive To This Issue
| And for that reason, we will repeat this message. Members of the public often mispronounce the word "REALTOR", but it is more exasperating to hear our members calling themselves "Real-a-tors" instead of "Realtor" which has only two syllables.
Not only that but use of the word Realtor does have restrictions in the print world.
NAR's Website has a 10 question on-line quiz Click to Take the Quiz that you can take to help you if your not sure if you are using "REALTOR" properly in your print advertising.
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| Graduate Realtors Institute
Get Started Now!
| | Two classes left in the session here at DAR:
July 15, Technology Applications in Real Estate
August 19, GRI Risk Management
Register by calling 888-785-4800 or go to eDesignations.com |
| CAR President Steve Goddard
Here on July 16.
| July 16 12:00 - 2:30pm at the Lone Tree Golf Event Center, 4800 Golf Course Road, Antioch, Cost $40
There may be a couple of seats available. Call us if you want to attend and we'll see what we can do. Call DAR at 757-8283. Again, the  cost for the lunch is $40 with a choice of one of two entrees.
This is an opportunity to mingle and network with other Bay Area REALTORS. DAR is the host association for members from six other East Bay Associations including Alameda, Bay East, Berkeley, Contra Costa, Oakland and West Contra Costa. Plus, you'll get the added benefit of hearing from CAR President Steve Goddard. He's always an enjoyable speaker.
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| WCR and DAR Present:
Leslie Appleton-Young In East County on September 10th
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Leslie Appleton-Young is CAR's Vice President and highly respected Chief Economist. She will be here on September 10th. Plan on attending this luncheon at Nines in Antioch to hear what's really happening in the nation and the state. Click here for flyer. |
| Ethics Cases
NAR Interpretations | CASE INTERPRETATIONS
RELATED TO ARTICLE 1OF THE CODE OF ETHICS:
Case #1-4: Fidelity to Client (Originally Case #7-5. Revised May, 1988. Transferred to Article 1 November, 1994. Cross-reference Case #4-5.)
Client A contacted REALTORŪ B to list a vacant lot. Client A said he had heard that similar lots in the vicinity had sold for about $50,000 and thought he should be able to get a similar price. REALTORŪ B stressed some minor disadvantages in location and grade of the lot, and
said that the market for vacant lots was sluggish. He suggested listing at a price of $32,500 and the client agreed.
In two weeks, REALTORŪ B came to Client A with an offer at the listed price of $32,500. The client raised some questions about it, pointing out that the offer had come in just two weeks after the property had been placed on the market which could be an indication that the lot was worth closer to $50,000 than $32,500. REALTORŪ B strongly urged him to
accept the offer, stating that because of the sluggish market, another offer might not develop for months and that the offer in hand simply vindicated REALTORŪ B's own judgment as to pricing the lot. Client A finally agreed and the sale was made to Buyer C.
Two months later, Client A discovered the lot was no longer owned by Buyer C, but had been purchased by Buyer D at $55,000. He investigated and found that Buyer C was a brother-in-law of REALTORŪ B, and that Buyer C had acted on behalf of REALTORŪ B in buying the property for $32,500.
Client A outlined the facts in a complaint to the Board of REALTORSŪ, charging REALTORŪ B with collusion in betrayal of a client's confidence and interests, and with failing to disclose that he was buying the property on his own behalf.
At a hearing before a panel of the Board's Professional Standards Committee, REALTORŪ B's defense was that in his observation of real estate transactions there can be two legitimate prices of property-the price that a seller is willing to take in order to liquidate his investment, and the price that a buyer is willing to pay to acquire a property in which he is particularly interested. His position was that he saw no harm in bringing about a transaction to his own advantage in which the seller received a price that he was willing to take and the buyer paid a price that he was willing to pay.
What Did the Hearing Panel Decide?? |
The Purpose of the Delta Association of REALTORS is to support and enhance the professionalism and success of its members. We hope to Surprise, Delight and Challenge you as well.
Delta Association of REALTORS
Call us at (925) 757-8283
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