Dear ,
Welcome to DeltaNewsViews!
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| A Disturbing Report
Agent Accosted at Open House
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A female agent, holding an Open House in Antioch on Saturday April 16, reported that a well groomed man, 5'10" tall, whose appearance belied his behavior, became aggressive with her but was scared away by a ringing telephone. She was not hurt, however the agent has filed a report with the Antioch Police. Be reminded that having a second person at any open house greatly increases security.
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| HAFA Education and Certification
May 24, 2011 | |
HAFA is the first program to set nationwide standards on the Short Sale process, timelines and documents. HAFA also creates significant financial incentives for borrowers, services and investors to drive growth in short sale transactions.
Register for this Live Course Now. Presented by Ginny Field. Info |
| Legal Updates with Gov Hutchinson
Here at DAR's Conference Center
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CAR's Assistant General Counsel, Gov Hutchinson, will present Legal Updates on Tuesday, May 17, 2011 from 9:00 AM to 11:00 AM followed in the afternoon by a course on the Residential Purchase Agreement and related forms from 1:00 PM to 5:00 PM. There's no charge for the Legal Update, but the RPA course is $59 for members and $69 for non-members.
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| Good Neighbor Awards
NAR | | REALTORŪ Magazine is asking for nominations for the 12th Annual Good Neighbor Awards. ...more |
| Day at the Races
Golden Gate Fields Turf Club
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Includes: Charter bus trip to the track, admission, reserved Turf Club seating, daily racing program, Prime Rib buffet meal and a race named in honor of our group. Catch the bus on June 10 at DAR in Antioch for a great day of fun at the racetrack on June 10. Click here for further info... |
| 45-Hour Continuing Education
Duane Gomer will instruct
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We Have You Covered -
It's Easy, Quick and Low Priced Only $72 for Members/$82 Non-Members
Thursday, June 16th at 1:00 p.m.
Delta Association of REALTORS
3428 Hillcrest Ave. #200, Antioch
YOU MUST REGISTER & RECEIVE THE MATERIALS BY Tuesday, June 14th!
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| Legislative Day
May 4
| If you haven't had the opportunity to visit our state capitol, now is your chance. May 4th is REALTOR Legislative Day in Sacramento. There is a full schedule of events starting with a briefing in the morning. Governor Jerry Brown is invited to speak. Later we'll enjoy a lunch with some of our legislators followed by visits to the capitol building. Finishing off this day is the Reception where our state legislators are invited. There's food and drink. To see the schedule click here.
If you want to be a part of this, please call our office at 757-8283. Or you can RSVP by Friday, April 25th at legday@gmail.com
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Ethics Case Interpretation
You Be The Judge
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Case #2-15 Refusal to Divulge Source of Fraudulent Information (Originally Case #3-1. Revised and Transferred to Article 9 as Case #9-27 May, 1988. Transferred to Article 2 November, 1994.)
An official of the Federal Housing Administration (FHA) called on REALTORŪ A to enlist his cooperation in solving a problem. As the official explained, FHA had reason to believe that there had been a number of "dual contract" transactions in the area involving FHA mortgage insurance. In a typical instance, a prospective buyer was induced by a broker to sign an offer to purchase a house at a figure several thousand dollars higher than the listed price of the house, so that the signed offer might be used as an evidence of value in obtaining a mortgage loan higher than would be available if the true selling price of the property was stated in the offer. In this procedure, the broker, after having thus fraudulently arranged for a mortgage loan, executed another contract, stating the true price offered, for presentation to the seller of the property.
The FHA official further explained that such conduct involved misrepresentation and law violations, and distorted FHA's market data. FHA lacked documentation, but believed that this type of procedure had been used by some brokers, builders, and to some extent had been condoned by persons approving mortgage loan applications. He asked for REALTORŪ A's assistance in documenting specific instances. REALTORŪ A replied that persons in the real estate business had "common knowledge" that such practices were in use; that through business activities he knew of specific persons who had practiced it and had in his files legal evidence of fraudulent offers that were used to obtain mortgage loans in two instances. However, he took the position that much as he deplored such unethical conduct, he had no inclination to play the role of informer and did not believe he should be asked to. He refused to divulge information that he acknowledged he had in his possession.
It came to the attention of the Grievance Committee of REALTORŪ A's Board that he had refused to cooperate with the FHA in bringing instances of alleged fraud and unethical conduct to light. The function of the Grievance Committee includes review of undocumented or hearsay reports of unethical conduct, and if definite evidence were found, making the evidence the subject of a complaint before the Board's Professional Standards Committee.
Fulfilling its duty, the Grievance Committee called in REALTORŪ A and requested that he divulge the information in his possession to the Committee. REALTORŪ A refused, and upon his refusal and statement of his position, the Grievance Committee referred the matter to the Professional Standards Committee of the Board for hearing charging REALTORŪ A with having violated Article 2.
What did the Panel Decide?
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The Purpose of the Delta Association of REALTORS is to support and enhance the professionalism and success of its members.
John Bedford, CEO
Delta Association of REALTORS
Call us at (925) 757-8283
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