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A Member Benefit – Sprint Discounts

Sprint Logo

SAR has negotiated a discount to Sprint on behalf of its Members.

 

The Sprint Phone Program will require the following:

1. All requests will be emailed to david.mccoy@sprint.com (preferred) or faxed to (916) 568-4477

2. All new to Sprint REALTOR® accounts will receive an 8% minimum discount. (qualification as a business is [...]

SAR Member Benefit of the Month: Broker Tuition Card

Broker Tuition Card

SAR makes real estate education affordable with our Broker Tuition Card. Designed to assist our Broker Members in providing quality training to their agents, this tuition card costs $200 and entitles holders to 12 months of classes (a $1500 value)*.

There are a few ways to use this card. An SAR Broker can purchase [...]

SAR Hosts Multi-Chamber Dinner Dance with Indus Valley American Chamber of Commerce

This past Friday night, SAR let its hair down and partied into the night with the Indus Valley American Chamber of Commerce.

A joint-chamber affair, this dinner/dance attracted nearly 250 local business owners and professionals from all over the region. Front and center at the event was SAR Leadership, including SAR President Barbara Harsch [...]

2011 SAR Officers and Directors Slate and Opening of the Petition Period

The Board of Directors is pleased to present the following Officers/Directors Slate approved at their May 27, 2010 meeting:

2011 Officers – One Position per Office for 2011

President

Doug Covill

President-Elect

Kathy Fox

Patrick Lieuw

Secretary-Treasurer

Ed Anderson

Chris Little

Six (6) Director Positions for [...]

REALTORS® in the Community - Rebuilding Together

SAR had a great turnout for Rebuilding Together at the Spring Work Day, April 24

Rebuilding Together Sacramento (www.rebuildingtogethersacramento.org) is a not-for-profit organization that helps homeowners, particularly low-income seniors, live independently in comfort and safety in their own homes. They accomplish their mission through home repairs and modifications [...]

Fair Housing: 5 Keys to Reducing Liability

Ensuring that your company provides equal service standards and encouraging salespeople to keep careful records demonstrating that those standards were implemented equally to all prospects provides a strong defense against charges of fair housing violations.

Develop a standardized list of questions salespeople can use to qualify all prospective sellers; develop [...]

Washington Report: Higher Costs, Tougher Standard

Written by Kenneth R. Harney

HUD Secretary Shaun Donovan made it official last week: Applicants for FHA insured mortgages in the coming months are going to be hit with higher costs and tougher credit standards.

In congressional testimony, Donovan said some of the changes are likely to include the following:

Number one: Higher downpayments. The current minimum is 3.5 percent. Donovan didn’t say how much higher the agency might push it, but congressional critics want to see at least a five percent minimum.

Number two: Look for FHA’s generous “seller concessions” to be cut in half — from the current six percent to three percent of the loan amount — and maybe even lower.

Continue reading: Washington Report: Higher Costs, Tougher Standard

10 to Watch in 2010

Will 2010 be a year of recovery or double-dip recession? What’s on the horizon that may change the way you do business next year? Here are the developments and personalities we’ll be watching.

1. FHA Under New Command
When the FHA announced in late September that it was hiring a chief risk officer—for the first time in the agency’s 74-year history—it was taking preventive action. The agency had seen the market share of FHA-insured mortgages grow to almost 40 percent from about 4 percent four years ago, and its new chief, David Stevens, was not taking any chances with financial safety. When the agency’s capital-to-insurance ratio had dipped below 2 percent in one of its reserve accounts, Stevens—a veteran mortgage and real estate executive who has held key posts at Wells Fargo, Freddie Mac, and Long & Foster—immediately took steps to assess and manage FHA’s risk. The government insurer hasn’t had a major technology upgrade or staff increase in more than a decade, yet demand for the FHA’s stabilizing presence continues to grow. Can Stevens meet the demand without jeopardizing safety and soundness? Given the no-nonsense steps he’s taken to shore up his agency’s credit position, the answer appears to be yes.

Continue reading: 10 to Watch in 2010

Realtors Donate Money, Time to Help Rebuild the Community

A bad economy has not slammed the door on the Sacramento Association of Realtors’ dedication to philanthropy, even as many individual members’ incomes drop.

The association expects to give $58,000 this year to charitable organizations, which doesn’t include volunteer hours or the $44,500 for college scholarships or the $65,000 to the Salvation Army.

SAR ranked No. 14 this year on the Business Journal’s list of largest corporate givers, ranked by 2008 cash contributions to local charities. The association gave $90,322 in cash and $15,291 in in-kind contributions.

SAR gives almost 3 percent of its gross revenue to charitable groups.

Some of the recipients of the association’s giving include Rebuilding Together, WIND Youth Services and The Salvation Army Del Oro Division.

Continue reading: Realtors Donate Money, Time to Help Rebuild the Community

National Fire Prevention Week - Are You Prepared?

October 4th – October 10th is National Fire Prevention Week. Please take this reminder to prepare your home and family for a fire or other natural disasters. In the last couple of months, thousands of firefighters have converged on a series of fire storms that have devastated California. In the “mega fires” of 2003, over 2,600 homes were destroyed and 750,000 acres of valuable property went up in smoke. Losses will continue to grow as more people move into semi-rural areas. Stopping these fires is not just about saving lives and property today but for tomorrow as well.

Fire storms and other natural disasters can devastate communities and lives, burning hundreds of homes at a time. They are very difficult to stop once started; and they are very costly to homeowners, local communities and state/federal agencies. Although we would like to believe “a disaster will never happen to me,” it could!  And people continue to report, “I wasn’t prepared.”

According to Joe Kerr, President Orange County Firefighters, “The time to protect your home and valuables is before a fire starts, once the fire has started – it’s time to evacuate and save your life. In the event of a fire, our jobs are to protect/preserve life then property.”

Continue reading: National Fire Prevention Week – Are You Prepared?