Dear ,
Welcome to DeltaNewsViews!
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| Dues Now Delinquent
WHAT DOES THAT MEAN?
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LATE FEES CHARGED AFTER JULY 11th AND YOUR STATUS BECOMES SUSPENDED. YOU WILL LOSE ACCESS TO CAR BENEFITS INCLUDING ZIPFORMS.
For your convenience, you may pay your dues on-line at the Delta Association of Realtors Website. Go to the "Members Only" tab and under the drop down menu, click on "My Account." You will need to enter your NRDS number and your password to access. Call us at (925) 757-8283 if you need help.
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On-Line Voting begins August 3
Photos and Candidate Statements In Next Issue
| The following members have submitted their candidate applications for the positions noted.
For President Elect:
Cynthia Alfred, Realty World Delta Country Ramesh Suman, Majestic Homes
For Treasurer:
James Britto, Security Pacific Real Estate
Three director positions will be open. The following members have submitted applications:
Ron Keefer, Keller Williams East County Krista Mashore, Realty World, Pigati and Russell Lori Ogorchock, Keller Williams East County Denise Stewart, Black Diamond Real Estate Lynn Valintis, Sharp Realty
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| CALL FOR ACTION
NAR ASKING FOR HELP
| FHA Loan Limits - National Flood Insurance Program - Qualified Residential Mortgage, Mortgage Interest Deductions. All these issues are of great importance to Realtors and our business. When you get a CALL TO ACTION from NAR - Please, Please respond. Go to the REALTOR ACTION CENTER. Loan Limits Call For Action
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Get AORnTouchSmart Phone App
| DAR is working on a smart phone app that we hope will be useful to you.
It is called AORnTouch. The quickest way to get AORnTouch is to click on this link. To Get AORnTouch for your Smart phone |
ADVERTISE in the Delta Currents
Inexpensive Way to Reach DAR Members
| The Delta Currents on-line news magazine is a great way to reach our membership. The recent survey responses indicated that the Delta Currents was ranked number one as a member benefit. Call the office for more information or click below for a rate sheet.
Delta Currents Advertising Rates
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| Delta Harvest Run
Sunday, September 18
| The Foundation presents the Delta Harvest Run on Sunday, September 18. A family event starting at the Streets of Brentwood. Take your pick - You can run a half marathon, a 10K run or a fun walk around the Streets. Register and pay the entry fee on line. Click below.
Information and Registration
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| Do You Want to Serve In Local Government?
CAR OFFERS CANDIDATE TRAINING
| The Candidate Training School is scheduled for Monday and Tuesday, October 17 and 18, 2011 in Sacramento. The deadline to be considered for the school is Friday, July 29, 2011. If you want to make a difference in your community and help shape local public policy, why not apply to attend this exclusive forum! Call Kitty Barowitz at (916) 521-2212. CAMPAIGN SCHOOL
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| You Be The Judge
Code of Ethics Case Interpretations
| Case #4-5: Fidelity to Client (Revised Case #13-7 May, 1988. Transferred to Article 4 November, 1994. Cross-reference Case #1-4.)
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 Was the Panel's Decision
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The Purpose of the Delta Association of REALTORS is to support and enhance the professionalism and success of its members. See us on Facebook Facebook Intro page John Bedford, CEO
Delta Association of REALTORS
Call us at (925) 757-8283
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