The MLS and Supra Key Statements are in the mail.  They are both due the 1st of October.  To pay on line go to www.deltaaor.com and go to Members Only/My Account and pay with your Mastercard or Visa credit card.  Or for assistance or if you have questions, call DAR at 925-757-8283.

New Cell Phone App

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Case #1-13: Obligation to Present Subsequent Offers After an Offer to Purchase Has Been Accepted by the Seller (Adopted
November, 1987 as Case #7-17. Transferred to Article 1 November, 1994.)
REALTOR® A had a 90-day exclusive listing on Seller X's property. Seller X instructed REALTOR® A to list the property at $150,000 based upon the sales price of a neighbor's house, which had sold a month earlier.
REALTOR® A aggressively marketed the property, filing the listing with the Board's MLS, running a series of advertisements in the local newspaper, holding several "Open Houses," and distributing flyers on the property at local supermarkets. REALTOR® A, whose listing contract
was nearing expiration, held another "Open House" on the property, which resulted in an offer to purchase from Buyer Y at $15,000 less than the listed price. REALTOR® A, convinced that this was the best offer Seller X was likely to obtain, persuaded Seller X to accept the offer. Seller X expressed dissatisfaction with REALTOR® A's failure to obtain a full price offer, but signed the purchase agreement nonetheless.
The next day, REALTOR® B, a cooperating broker, delivered to REALTOR® A a full price offer on Seller X's property from Buyer Z. Buyer Z had
attended an earlier "Open House" and was very enthusiastic about the home's location, stating that it would be perfect for his mother.
REALTOR® A advised REALTOR® B and Buyer Z that an offer had already been accepted by Seller X and that he, REALTOR® A, would not present Buyer Z's offer. REALTOR® B and Buyer Z then promptly filed a complaint with the Board charging REALTOR® A with a violation of Article 1, as interpreted by Standard of Practice 1-7.
At the hearing, REALTOR® A stated that he felt he was under no obligation to present Buyer Z's offer, since the listing agreement did not
specifically provide that subsequent offers would be presented to the seller. Further, REALTOR® A felt that such a practice could only lead to
controversy between buyers and sellers, as well as result in breached contracts. "Why get everyone in an uproar," said REALTOR® A, "by
presenting offers after one has been accepted? And what would I do if Seller X wanted to back out of the first purchase contract and accept
Buyer Z's offer?"

C.A.R. Agent JumpStart 3-Day Training via Face2Face Video Conferencing, September 23, October 13 and October 28.

OnlineEd September.  Check out the discounted prices and register at www.onlineed.com.

45-Hour Renewal Review and Testing September 21

HAFA Education and Certification Program Here on September 28

Food, Drink, Music, Dancing Contest and Great Fun Saturday, October 2, 2010 at the Cedar Creek Stables and Event Center, 1095 Eden Plans Road, Brentwood, 5:00 p.m. ~ 11:00 p.m.  For more information call Dan Barnes 759-4648 or DAR at 757-8283.  more...