California Association of REALTORS® News Updates
In case you missed our Caravan Meeting on September 27, here is a recording of a two presentations that were given. Carmen Arom, GOAR 2023 President: REImagine Conference Update New laws passed that are coming into play in 2024. Sevak Sohrabian 2023 Market Update View Sevak Sohrabian’s Presentation C.A.R. Market Forcast (PDF)
Each year in the spring we join the California Association of REALTORS® and members from all over the state and converge upon Sacramento for Legislative Day. This year we met with our State Legislators in Sacramento and shared in other fantastic activities during our visit. Members of the Glendale Association of REALTORS® descended on Sacramento in the first week of May to meet with our state legislators and underscore the importance of homeownership in our communities. Each year, the California Association of REALTORS® hosts “Legislative Day” when more than 2,000 REALTORS® from all over California converge on our state capitol to talk about the issues important to our industry. This year, we were promoting the early success of the California Dream For All Shared Equity Program which offers loans to first-time home buyers. In 2022 the Legislature passed a budget that included $500 million for California Dream for All. After the borrower...
Each year in the spring we join the California Association of REALTORS® and members from all over the state and converge upon Sacramento for Legislative Day. This year we will meet with our State Legislators in Sacramento and other fantastic activities on May 2-4, and we hope you can be a part of it! This is a great experience and an opportunity to understand more fully how our industry interacts with the government and how real estate gets done in other parts of our state. You are encouraged to apply for this trip if you’ve never been before. GAOR will provide two nights of hotel on Tuesday, May 2, and Wednesday, May 3, and airfare from the LAX or Burbank. Just a few things in order to take part in this trip which is one of the highlights of the year: This must be your first time going to Sacramento for C.A.R. Make a REALTOR®...Continue reading
In case you missed us… Here is the presentation given at our Economic Forum Jordan Levine VP and Chief Economist, CALIFORNIA ASSOCIATION OF REALTORS® Jordanl@car.org ⭳ Slide Presentation for GAOR (download) View All Images Here Glendale is happy to launch our first State of the Market. Admission is free and breakfast will be provided. Doors open at 8:30 am to allow time for members to dine and mingle. Our keynote speaker will be Jordan Levine, VP, and Chief Economist for the California Association of REALTORS®. Jordon will give a presentation on the local economy for Glendale and neighboring cities (Burbank, Pasadena, La Canada, Sunland, Tujunga, and Shadow Hills). His presentation will be followed by a Q & A session. We will also have other officials in attendance. More information to come in the coming weeks. WHEN March 30 @ 8:30 a.m. WHERE Glendale Central Libray 222 E Harvard St, Glendale...Continue reading
Financing the Dream of Homeownership Did you know over half of all renters in California thought you needed at least 20% down to purchase a home (C.A.R. 2019 Renter’s Survey)? The reality is there are programs available that enable a purchase with much lower down payments. This program brings relevant information to our members about credit scores, financial planning, leveraging down payment resources, and options for low to moderate-income earners so that we can educate our buyers. The CALIFORNIA ASSOCIATION OF REALTORS® supports RESPONSIBLE homeownership. APRIL 5 @ 10 AM | Register Today! The STEPS Toward Homeownership program has been cut down into digestible sections providing resources for REALTORS® to educate renters, prospective first-time homebuyers, clients who have had a prior foreclosure or short sale, and Baby Boomers interested in helping their children or grandchildren become responsible homeowners. Experts will share philosophies on: Strategies for Financial Health Trends in the Economic Environment...Continue reading
Legal Update There are lots of misconceptions out there about the new buyer representation forms and especially a new provision that was added to the RPA in December 2022. This article attempts to correct some of those common misconceptions. Misconception # 1. Buyer representation agreements are required by law starting with the December 2022 release of new C.A.R. forms.FALSE. Buyer representation agreements are good risk management but are not legally required. Misconception # 2. New paragraph 3G(3) in the December 2022 RPA which asks the seller to pay a commission to the buyer’s broker is mandatory.FALSE. Paragraph 3G(3) is optional. If the box is not checked, it will not be part of the agreement. Furthermore, it is important to understand that the buyer can make this request only if two conditions are met: First, the buyer must have already entered into a written agreement to pay their own broker (Form...
January 9, 20231:30 p.m. 20 paragraphs in the RPA have new or revised language effective December 20, 2022. Are you aware of them all? Nine other forms were also revised. Two new forms were created, too. Are you aware of them and the impact they could have on a sales transaction? 10 forms were discontinued. Join C.A.R. attorneys Neil Kalin and Justin Murakawa on January 9 at 1:30 pm to learn all about these new, revised, and discontinued forms. NOTE: This webinar will not cover the new Buyer Representation forms or the new and revised Property Management forms. They will be covered in separate webinars. See the Legal Live webinar page for registration to those webinars. Sign up for this RPA and Revised Forms webinar. There will be plenty of time allotted for Q & A! Register Here
Financing the Dream of Homeownership DEC 14 @ 10 AM | Register Today! The STEPS Toward Homeownership program has been cut down into digestible sections providing resources for REALTORS® to educate renters, prospective first-time homebuyers, clients who have had a prior foreclosure or short sale, and Baby Boomers interested in helping their children or grandchildren become responsible homeowners. Experts will share philosophies on: Strategies for Financial Health Trends in the Economic Environment Engaging in the Process Products for Success Support from Beginning to End What’s in it for me? Attendees will acquire financial literacy knowledge and strategies to bolster their referral pipelines in the local community and help prospective buyers with financing expectations, down payment assistance options, and FHA vs. conventional loan programs. In addition, we have focused on the REALTOR® view as well, to give a reasonable understanding of how to stay involved, without taking on additional roles.
Sharpen your knowledge to successfully close transactions by completing this course. Learn what to do with all mandatory and recommended disclosures and ensure all commissions are paid in full and on time! This course offers you the unique opportunity to familiarize yourself with California’s most widely used and trusted purchase agreement. Learn to write offers quickly and close transactions! REGISTRATION REGISTRATION: Contact Monica at 626-795-2455 x221 or email: events@pfar.org LOCATION: Altadena Library | 600 E. Mariposa Street | Altadena, California
Join C.A.R. attorneys for a discussion about all the various entities in real estate transactions and what documentation is required when a seller or buyer is a Trust, Corporation, LLC, or other entity. We will also talk about the effect of how you write contracts on the escrow and transaction and will sprinkle in some other hot topics as well. DATEOct. 18, 2022 TIME1:30 p.m. – 2:30 p.m. REGISTER
Dynamic, concise, and engaging legal material to help you and your clients quickly and easily understand key legal issues pertaining to real estate. Check out All of C.A.R.’s Monthly Legal Tools Topics! Visit C.A.R. Legal Tools Topics Online
Register even if you cannot and be emailed a recording! Sign Documents Electronically with Digital Signatures inside Lone Wolf Transactions (zipForm Edition) Have you tried using zipLogix Digital Ink®? It’s a free member benefit and gives you access to unlimited digital signatures for transaction documents within Lone Wolf Transactions (zipForm Edition)? What about DocuSign®? It’s a powerful online subscription signing solution that integrates with Lone Wolf Transactions (zipForm Edition). This session will cover: Sharing forms like SPQ & TDS Gathering signatures with zipLogix Digital Ink® and DocuSign® Bringing in outside form Answering your questions Sign Up Today! August 9, 11am – 12pm REGISTER
Register even if you cannot and be emailed a recording! Wondering how to work from home in an effective manner? We are here to help! Join us for a webinar to cover best practices in a paperless world, and learn the shortcuts that will make you effective when you’re out in the field or working from home. This session will cover: Emailing and signing documents digitally Sharing docs with your clients using zipCommunity™ Answering your questions Sharing forms like SPQ & TDS Sign Up Today! August 9, 11am – 12pm REGISTER
A handy guide containing every page of every real estate form from C.A.R., including the new/renamed forms and the recently revised forms from January to July 2022. Quite possibly the most important book in real estate! This book contains a current sample of EVERY Standard Form from C.A.R. in an easy-to-reference format. The forms have been grouped together by category and then listed alphabetically leading with the Purchase Agreements. Sample Forms Book
Gain insights into California’s housing market through interactive dashboards. Select your metrics and see where the data takes you. Watch a video tutorial to learn more about how to best use and interpret C.A.R.’S market interactive dashboard reports. View Interactive Dashboards Here is a list of C.A.R.’s Interactive Reports: Housing Market Overview The Housing Market Overview reports are meant to provide our REALTOR® members and their clients with a current market snapshot of their local area of business or any other County and City in the state of California. Housing Market Overview YTD The Housing Market Overview YTD reports are meant to provide our REALTOR® members and their clients with a year-to-date comparative market snapshot of their local area of business or any other County and City in the state of California. Home Buyer’s Guide The Home Buyer’s Guide reports are meant to provide our REALTOR® members and their clients...Continue reading
Need a step up on which forms to use. Below is a couple of C.A.R. Quick Guides to help you for your client’s given situation. Here are some scenarios to consider… Single-family, 2-4 units, including condos, + ADUsRental property. Single-family or multi-familyNon-residentialVacant land. Urban lot or agricultural.Residential with agriculture use presentSeller in foreclosure. Single-family, 2-4 units, including condominiumsMobile/manufactured home. Whether on leased or rented land or in a parkProbate sales. Decedent’s estate, conservatorship, guardianship, or receivershipTenant-occupied property (full or at least one unit)Mixed-useTenancy-in-common saleStock cooperative saleProperty sold under court authorityNew Construction Not yet builtNew construction. Already built. Public ReportNew construction. Already built. No Public ReportProperty converted to condominium THE RIGHT FORM TO USE – BY TRANSACTION TYPE THE RIGHT FORM TO USE – BY FORM CODE
$75.00 Member Price Regular price $150.00 Date: Thursday, May 26, 2022Time: 9:00 a.m. to 1:00 p.m.Location: Internet connection is required for this instructor-led webinar Course Overview: Stay up-to-date with the most widely used and trusted purchase agreement in California. This course will cover the entire California Residential Purchase Agreement (RPA) in detail step-by-step and the special situations during the real estate transaction. Get detailed instructions on how to properly complete and use the RPA form in all your transactions. Course Includes: PDF Course Manual and a SAMPLE copy of the NEW RPA Learning Objectives: Familiarize yourself with recent changes Understand the many changes made to the clauses Learn how to address wood-destroying pests Learn how to write offers without deposit checks Complete all mandatory and recommended disclosures Understand changes regarding how to deal with personal property items Learn how to create, modify, cancel, or close a transaction Ensure all commissions...
We’re excited to share that C.A.R.’s new member benefit, LionDesk CRM, is now live and at no cost to C.A.R. members! It is accessible inside REALTOR® Secure Transaction. LionDesk keeps leads and clients from falling through the cracks with features like pre-built drip campaigns that include email, text, and video, built-in reminders to keep you on task, and more! Claim Free Account
Please join us for C.A.R.’s Virtual Legislative Day 2022! Laura Friedman 1:00 pm C.A.R. is hosting fully virtual Legislative Day on Wednesday, March 2nd and we encourage you to join other REALTORS® from the Glendale Association Of REALTORS® in participating. Here’s Your Chance! If you’ve ever been curious about Legislative Day but couldn’t commit to going to Sacramento to experience it live, this Virtual Day is a great opportunity for you to learn the ropes! Here are some of the highlights of the content for the day: Hear from Lieutenant Governor Eleni KounalakisGet a state legislative update from C.A.R.’s Sr. Vice President of Government Affairs, Sanjay WagleSit in on a fireside chat with new C.A.R. CEO John SebreeGet an economic update by C.A.R.’s Deputy Chief Economist, Oscar Wei (The State of California’s Housing Market)Panels and seminars with lots of great policy updates and political informationVirtual Meetings with individual state legislators...Continue reading
This year is beginning with a significant win in stopping Assembly Bill 854 (Lee) which would have weakened the Ellis Act by forcing property owners to keep their rental business for at least five consecutive years. The REALTOR® Party of California was in strong opposition against this legislation for threatening the rights of property owners afforded under the Ellis Act. Sponsored by C.A.R., the Ellis Act (1985) protects property owners’ right to exit the rental property business if the operation is no longer sustainable. The Ellis Act (1985) protects property owners’ right to exit the rental property business if the operation is no longer sustainable. AB 854 would have unfairly forced owners to keep their rental business, even if they cannot afford to stay in business or need to move an ailing or elderly family member into one of their units. The pandemic has been particularly challenging for many small...
Double Your Impact in California! In 2022, California REALTORS® will have double the impact to the legislative process with TWO Legislative Days! C.A.R.’s Governmental Affairs Team anticipates a very busy legislative season which is why we need two events. Wednesday, March 2, 2022. This FULLY-VIRTUAL event, will help members become familiar with current legislation and how their voice counts in California. Wednesday, April 27 will be LIVE IN-PERSON with virtual aspects so REALTORS® can get back to doing what we all do best, Protecting Homeownership! Legislative Day is an opportunity for REALTORS® from across California to participate in meetings with their state legislators to discuss the issues that affect the real estate industry the most. Attending Legislative Day is not only a great investment in your business, but it will also provide you with an opportunity to hear from the state’s most dynamic political leaders and the leadership of your...Continue reading
In case you missed it, here is a brief (1 hr 54 min) discussion about the new RPA and other related ancillary forms.
The new C.A.R. RPA form (Residential Purchase Agreement) is now available for your review. The form can be downloaded effective today. Get more information from C.A.R. here. Curious what the changes are between the old and the new. Preview the deltas here. Did your eyes just glaze over flipping through all those changes! We strongly encourage you to take advantage of the resources C.A.R. has made available to REALTORS®. NOTE: There is still one scheduled RPA live training webinar to be given by C.A.R. on December 29. Here is one great oppoturnity to get your burning questions answered. If that were not enough, to get a jumpstart on all the changes, visit our YouTube channel to hear straight from our own resident expert and C.A.R. MLS board member Rick Bonyadi! Rick gave a 1 hour 54 minute overview at our Town Hall on Wednesday, 12/15/21. About the C.A.R. Residential Purchase...Continue reading
You may have heard by now that a new California Residential Purchase Agreement (RPA) is coming your way! The New RPA will replace the one you’re using in just a few weeks. GAOR is teaming up with the California Association of REALTORS® to offer you a comprehensive four-hour course for the New RPA at a special rate. If you sign up for the December 7 webinar we will extend you a 33% discount! Rather than the normal price of $75, you pay just $50. That’s a $25 instant savings – but you have to sign up at the link below, and you must sign up no later than December 2. The RPA is the cornerstone of every successful real estate transaction in California. There are several essential concepts, principles, and facts about this form that all REALTORS® should know. Get detailed instruction about how to properly complete and use the...
Defensible space is the “buffer zone” that homeowners create between a structure on the property and any flammable grass, trees, shrubs, or wildland area that surround it. There are state and local laws that require certain property owners to maintain defensible space on their property. Read The C.A.R. Quick Guide
Just to recap, January is a busy month for paying both Annual Membership Fees and MLS Fees. On THE FIST DAY of every year, your Association Membership Fees are due. This year, we are giving members 30 days to pay those fees. A GAOR Late Fee of $35 will be assessed beginning February 1st A C.A.R. Late Fee of $30 will be assessed beginning March 1st In THE FIRST MONTH of every year, the first of FOUR MLS quarterly installments is also due. This year the first installment is due January 11th. GAOR iTech/CRMLS Late Fees Will Be Assessed Beginning January 12th Learn More About Fees Here Pay My Fees
Great news! As an exclusive member benefit, C.A.R. has added all 40+ REimagine! Virtual Conference sessions on car.org. Watch and rewatch on-demand at your convenience. These session videos will stay on car.org and members can access them at any time, from anywhere, for FREE! It’s an excellent resource for you to learn emerging trends and new marketing strategies, stay on top of hot issues, and much more to help your businesses grow. The videos are behind a password-protected page, making them exclusive to members only. Log into the car.org website with your credentials. They can also be found in the “Learn & Thrive” tab in our navigation bar under “Meetings & Events.”
Owner / Broker / Manager Meetings are geared toward issues facing real estate brokerages today. The topics are to offer you timely information to help you make business decisions and guide your agents to be more productive in today’s market and as we navigate 2020 societal changes. We are privileged to have two guest speakers: Jeanne Radsick, C.A.R. 2020 President as our keynote speaker Art Carter, CRMLS CEO Please join us in lieu of our Town Hall Meeting on Wednesday, October 28 at 8:30 a.m.
Please join us on September 09, at 8:30 a.m. at GAOR’s Town Hall Meeting to welcome Otto Catrina, C.A.R. 2021 President-elect . Otto Catrina is the broker/owner of Catrina Real Estate in Castro Valley, California. In addition to serving his clients, Catrina also is active with his local, state, and national associations of REALTORS®. At the local level, Catrina was 2011 president of the Bay East Association of REALTORS®, where he served on various committees, including Strategic Planning, Board of Directors, Marketing, Professional Standards, and Local Government Relations. Distinguished in the real estate industry, Catrina has been recognized by the Bay East Association of REALTORS® with numerous honors. He received the Association’s prestigious “REALTOR® of The Year” in 2007, the John A. Deadrich Distinguished Service Awards in 2009 and the Outstanding Leadership Award in 2019. Catrina also serves as a State Director for the CALIFORNIA ASSOCIATION OF REALTORS®, where he...
Click here to download a very user-friendly guide for navigating Real Estate transactions in the life of COVID-19.
NOTE: The forms are tentatively scheduled for a June 2020 release. Depending on the comments received, and other priorities, CAR reserves the right to postpone the release date until December 2020 or take some other action. *Following, you will find the latest ‘redline’ copy of the June 2020 draft forms. These forms will be released the week of June 22, 2020. Although in it’s final stage, we reserve the right to make last-minute changes.
The Glendale Association of REALTORS® adheres to the C.A.R. guidelines (Log In Required) for showing properties using social distancing methods. In short, NO Open Houses are allowed under COVID-19. Your office must have a policy that complies with CDC and CAL-OSHA guidelines, if your office doesn’t have one, then I suggest adopting the California Association of REALTORS® BPPP guidelines. Specifically: Sellers Providing Declarations Arranging showings Viewing the Property Provision of Sanitation Products and Protocols Cleaning and Disinfecting the Property Visitors Agreeing to “Posted Rules for Entry”
The recent events surrounding the spread of the Covid-19 strain of the coronavirus has led to many questions about the continued enforceability of real estate contracts under the circumstances. Rather than risk an uncertain outcome in court or arbitration over such disputes, Buyers and Sellers may elect to address the unanswered issues contractually. The following materials will assist with potential issues in contracts and other issues related to best practices under the current conditions related to coronavirus.
Find recordings of past C.A.R. zipForm® webinars here.