Fri., March 20
The Grapevine
The Official Publication of the Fresno Association of REALTORS®
Nuts and Bolts of Appraisal Reporting
Improvements Description
Wednesday, March 25 at the FAR Office from 2 p.m. - 4 p.m. Deposit of $10 required. Class conducted by Appraisers: Barbara Radcliffe and Carole Laval. Call to reserve your spot 559-490-6400. View list of courses.
GRI Course 114: Essential Concepts of the C.A.R. Residential Purchase Agreement
Thursday, March 26 at the FAR Office from 8 a.m. - 5 p.m. Cost: $149. Please note this course will be taught via C.A.R.'s Face2Face Interactive Video Conferencing.  To register & view list of courses click here

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2015 MLS Chair Jonna Aluisi
Message from 2015 MLS Chair: Millennials Lead All Buyers And Are Most Likely to Use A Real Estate Agent

Source: N.A.R.

 

The millennial generation represented the largest share of recent buyers, according to the 2015 National Association of REALTORS® Home Buyer and Seller Generational Trends study. The analysis evaluates the generational differences of recent home buyers and sellers, and it appears millennials are overcoming the economic and financial challenges young adults have braved since the recession.

 

What does this mean?

  • An overwhelming majority of buyers search for homes online and then purchase their home through a real estate agent, with millennials using agents the most.
  • For the second consecutive year, NAR's study found that the largest group of recent buyers was the millennial generation, those 34 and younger, who comprised 32 percent of all buyers (31 percent in 2013). 

  • Generation X, ages 35-49, was closely behind with a 27 percent share. Millennial buyers represented more than double the amount of younger boomer (ages 50-59) and older boomer (60-68) buyers (at 31 percent).
  • Lawrence Yun, NAR chief economist, says the survey highlights the untapped demand for homeownership that exists among young adults. "Over 80 percent of millennial and Gen X buyers consider their home purchase a good financial investment, and the desire to own a home of their own was the top reason given by millennials for their purchase," he said.
  • Yun believes the share of millennial purchases would be higher if not for the numerous obstacles that have slowed their journey to homeownership. "Many millennials have endured underemployment and subpar wage growth, and rising rents and repaying student debt have made it very difficult to save for a down payment.
  • The median age of millennial homebuyers was 29, their median income was $76,900 ($73,600 in 2013) and they typically bought a 1,720-square foot home costing $189,900 ($180,000 a year ago).
  • When asked about the primary reason for purchasing a home, a desire to own a home of their own was highest among millennials at 39 percent. Younger boomers were the most likely to buy because of a job-related relocation or move, and a change in a family situation.

Read the full story
http://www.realtor.org/news-releases/2015/03/nar-generational-survey-millennials-lead-all-buyers-most-likely-to-use-real-estate-agent

 

In Addition ...

  • Foreclosure inventory declined 33.2 percent and completed foreclosures declined 22.5 percent from January 2014, according to CoreLogic's January 2015 National Foreclosure Report.
  • There were 43,000 completed foreclosures nationwide in January 2015, down from 55,000 in January 2014, representing a 63 percent decrease from the peak of completed foreclosures in September 2010.
  • Completed foreclosures have declined every month for the past 37 consecutive months. On a month-over-month basis, completed foreclosures were down 14.7 percent from the 37,000 reported in December 2014. 

New FAR REALTORS®

Lois Auld with London Properties

Mary Dorval with Harcourts Time Realty

Michaela Regan with Help-U-Sell Real Estate

Lana Avaloz with EXIT Realty Consultants

Rebecca Reyes with London Properties

Mario Rivera with Keller Williams Westland Realty

Brittany M Gong with Keller Williams Westland Realty

Juventina Gutierrez with Sergio Franco

Spencer J. Freeman with Keller Williams Westland Realty

Esperanza Venegas with Sergio Franco

Sandra Reta with Real Living Diamond Realtors

Vidal Fernandez with Guarantee Real Estate

Jeffrey Saylor with Jeffrey Saylor

Rachelle Dunne with London Properties

Tiffany Bean with Robert Boese

Tisha Turner with Century 21 M & M and Assoc

Jeanette Rodgers with Westco Equities Inc

Sylvia Baiz with Blue Ribbon Realty

Chelsea Truong with Big Realty

Stephen Bennett with Keller Williams Westland Realty

Marco Magana with Harcourts Time Realty

Shannon Brewington with Keller Williams Westland Realty

Leland Cobb with Davis Commercial RE Services

Kwame Thomas with All State Homes Fresno

Jessica Jackson with Keller Williams Westland Realty

Dean Van Patten with Keller Williams Westland Realty

Jeff Ward with Guarantee Real Estate

Barbara Gallagher with London Properties

Krista Starnes with Clovis Real Estate

Charlene Naveed with Guarantee Real Estate

Mayra Limon with The Advantage Group, New Home

Kelvin W. Low with Century 21 M & M and Assoc

Zachary Manock with Coldwell Banker Premier R. E.

Jennifer Hixson with Guarantee Real Estate

Joseph Forestiere with Guarantee Real Estate-Flex

John Yang with All State Homes Fresno

Cindy Bratt with Modern Broker

Sylvia Chase with Connect Realty.Com, Inc.

John Searls with Carrington Real Estate Service

Marina Garcia with Guarantee Real Estate

Rafael De La Mora with Mission Mortgage and Realty

NEW Course: California Ethical and Effective Online Advertising
As the spring selling season begins and you increase your online advertising to grow your business, this FREE online course: "California Ethical and Effective Online Advertising " can help make sure you're doing it the safe way. FREE course courtesy of your 12 FREE hours of online CE courses* from C.A.R.


This three-hour online course will demonstrate how to maximize online visibility while decreasing online risk. Learn the rules for online engagement in social media, social marketing and social news.

Course highlights include:

  • Avoiding copyright and plagiarism in online content
  • Using social media, social marketing and social news
  • Advertising true and fair housing laws relating to online content
  • Considering online privacy and netiquette
  • Reviewing popular online platforms and other considerations for using these platforms
Claim this FREE course now, visit store.car.org/12FreeCE to begin.
golf 2011
When: Tuesday, April 7
Where: FAR Office
Who: REALTORS® sign up from 8 a.m. - 9 p.m. (in person only, one team only)
Open sign ups begin at 9 a.m.


49th Annual John Scarborough REALTOR® Classic Golf Tournament
Wednesday, May 6
Eagle Springs Golf & Country Club 
COST: $360 per foursome
2016 Election of FAR Board of Directors
Per the FAR Bylaws - Election of Officers & Directors

The immediate past president at least 90 days prior to the annual meeting, shall appoint a nominating committee of five REALTOR® members including himself/herself as chair and immediately notify the membership of this committee.

The 2016 FAR Nominating Committee: 
Liz Kuchinski, Past President
Don Scordino
Patrick Prince
George Mees
Javier Cavazos

In the event you are interested in being considered for nominations, please complete application and fax to FAR 559-490-6464, attention Nominating Committee.  Deadline for submission is April 15, 2015. 


To make your 2015 ActiveKEY access fee renewal payment, click here or call FAR at 559-490-6400.  
Local Candidate Recommendation Committee (LCRC)
There are 3, three-year terms open for the LCRC.  To be eligible, FAR REALTORS® must be in "good standing" and have made the minimum $49 contribution for 2015.  If you meet the requirements and would like to be nominated, please contact Gerard Lozano by April 2, 2015.   

If there are more nominees than open terms, an election will be held and ballots will be sent to eligible FAR REALTORS® as described above.  LCRC is part of the CA Real Estate PAC (CREPAC), state version.  LCRC funds are used to contribute to candidates for local office.  

If you have questions or would like to be nominated, please contact Gerard Lozano, Marketing & Governmental Affairs Director at 559-490-6400 or email glozano@fresnorealtors.com.  
Nominations Are Now Open: 2015 Champions of Home Award

It's time to honor exceptional REALTORS®. We are looking for the life changers, standard raisers, and inspirational role models. Those driven by passion to help clients beyond the boundaries of a typical transaction. Does that sound like you or someone you know?

 

The annual Champions of Home award recognizes REALTORS® who have exceeded expectations by going far above and beyond in client service. Award recipient(s) will be celebrated at a high-profile event taking place at CALIFORNIA REALTOR® EXPO in San Jose this October, along with being featured in California Real Estate magazine, and starring in a C.A.R. video.

 

A brand new online application process makes nominating even easier this year. And for the first time ever, we're accepting self-nominations for the award. To get started, create a user profile, and click through the step-by-step nomination process at your convenience. You can even save your work and return to it at a later date.

 

Nominations are open through May 4, 2015.

This week @ FAR
FREE Classes
Orientation & Clerical User
Monday 3/23/15
  

Tuesday 3/24/15
MLS Meeting
8:30 a.m.
Guest Speaker: Gayle Holman, Westlands Water District 

RPR
10:30 a.m. - 12 p.m.

Wednesday 3/25/15
FAR Opens @ 9 a.m.

Nuts & Bolts 
2 p.m. - 4 p.m. 
Clerical User Training
10 a.m. - 1 p.m.
Clerical User Renewal 
10 a.m. - 11:30 a.m.
  
Thursday 3/26/15
GRI
8 a.m. - 5 p.m. 
  
Friday 3/27/15
Investors/Exchangors
8:30 a.m.
Basketball & Burritos - Stop by the FAR office!!
zipForm Plus 
Tuesday, March 31
10:30 a.m. - 12 p.m. 

Websites
Thursday, April 2
10:30 a.m. - 12 p.m.

MLS 
Tuesday, April 7
10:30 a.m. - 12 p.m.

Realist 
Tuesday, April 14
2:30 p.m. - 4 p.m.

New Member 
Orientation
Thursday, April 9
8:30 a.m. - 12 p.m. 

Clerical User Training
Wednesday, April 29
1 p.m. - 4 p.m.

Clerical User Renewal 
Wednesday, April 29
1 p.m. - 2:30 p.m.