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Welcome to DeltaNewsViews!
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| Agentntouch
New Cell Phone App
| | Do you want to stay competitive in an increasingly mobile world? You can with Agentntouch, an annual subscription service currently available on the iPhone, with Android and BlackBerry versions available later this summer.
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DAR Hosts Regions 5 and 6
CAR President, Steve Goddard Updates Luncheon Attendees
| On Friday, July 16, Realtors from Alameda and Contra Costa Counties enjoyed a tasty lunch while networking and listening to CAR's 2010 President Steve Goddard who shared his views of the market, politics and CAR's efforts in Sacramento. Thanks to all that attended.
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| Graduate Realtors Institute
Get Started Now!
| | One class left in the session here at DAR:
August 19, GRI Risk Management
Register by calling 888-785-4800 or go to eDesignations.com |
| 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 #1-5: Promotion of Client's Interests (Originally Case #7-6. Revised May, 1988. Transferred to Article 1 November, 1994.)
Client A gave an exclusive listing on a house to REALTORŪ B, stating that he thought $132,500 would be a fair price for the property. REALTORŪ B agreed and the house was listed at that price in a 90-day listing contract. REALTORŪ B advertised the house without response, showing it to a few prospective buyers who lost interest when they learned the price. In a sales meeting in his office, REALTORŪ B discussed the property, advised his associates that it appeared to be overpriced, and that advertising and showing of the property had proved to be a waste of time and money.
After six weeks had gone by without a word from REALTORŪ B, Client A called REALTORŪ B's office without identifying himself, described the property, and asked if the firm was still offering it for sale. The response he received from one of REALTORŪ B's nonmember associates was: "We still have the house listed, but there is little interest in it because, in
our opinion, it is overpriced and not as attractive a value as other property we can show you."
Client A wrote to the Board of REALTORŪ complaining of REALTORŪ B's action, charging failure to promote and protect the client's interest by REALTORŪ B's failure to advise the client of his judgment that the price agreed upon in the listing contract was excessive, and by REALTORŪ B's failure to actively seek a buyer.
In a hearing on the complaint before a Hearing Panel of the Board's Professional Standards Committee, REALTORŪ B's response was that Client A had emphatically insisted that he wanted $132,500 for the property; that by advertising and showing the property he had made a diligent effort to attract a buyer at that price; that in receiving almost no response to this effort he was obliged to conclude that the house would not sell at the listed price; that in view of the client's attitude at the time of listing, he felt it would be useless to attempt to get Client A's agreement to lower the listed price; and that he had instructed his
staff not to actively market the property at that price.
What Did the Hearing Panel Decide?? |
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Betty Almond
Antioch Escrow Officer
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Betty Almond, a highly regarded area escrow officer passed
away on July 7th. She retired
many years ago and would only be known to those who were in local real estate many
years ago. A celebration of life for Betty will be held
at her brother's home in Rio Oso, Friday July 23 at noon. Interested parties can contact her sister in
law, Sharon Almond for directions to their home. The number is 530-633-2471.
Betty is remembered as being one who performed her job with
dignity, grace and effectiveness, even under the most high pressure
situations. DARs Distinguished Service
Award was presented to her many years back and she has the distinction of being
the only affiliate member to ever receive the award.
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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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