Silicon Valley Association of REALTORS® sees membership growth in 2018

SILVAR President Bill Moody welcomes members to the association’s annual general membership meeting.

At the annual Silicon Valley Association of REALTORS® (SILVAR) general membership meeting early this month, members of the local trade association learned the good news that SILVAR’s membership, now at over 5,000, continues to increase and that the association is on solid financial footing and continues to help members better serve their clients with the latest tech tools and education. 

Executive Officer Paul Cardus said more REALTOR® members are utilizing tech tools as a quick and more efficient means of completing residential transactions. They are taking advantage of membership benefits like DocBox™ and DocBox2Go™, the mobile version of DocBox for online document storage and management.

Also through September 2018, 3,182 SILVAR REALTORS® have used PRDS Forms on Instanet and 63 percent have accessed the online platform. PRDS forms, which Cardus described as the association’s “crown jewel,” are the extensive line of paper and online forms used by members for residential purchase and sales transactions on the Peninsula and in the South Bay. Cardus said he is never tired of being told that “PRDS and SILVAR set the standards of care for our business.”

SILVAR’s Global Business Council as also awarded the National Association of REALTORS® Diamond award for Global Achievement, NAR’s top level award that recognizes those global councils that have consistently performed at the highest level for six years. SILVAR GBC is only one of six Associations of REALTORS® nationwide to achieve Diamond status. Cardus encouraged members to participate in SILVAR global and other programs and attend classes offered by the Association.

The Silicon Valley REALTORS® Charitable Foundation has donated over $40,000 in the form of grants and scholarships to date in 2018, reported Cardus. This year, The John Tripp Silicon Valley REALTORS® Scholarship granted its second $500 award to veterans enrolled at Foothill and DeAnza colleges. The Charitable Foundation also has assisted students with the scholarship grants for 19 years with $342,000 awarded during this period.