bodsweringin.jpg 

The Silicon Valley Association of REALTORS® (SILVAR) 2017 leadership team was installed on Jan. 19 at the Los Altos Golf & Country Club. California Association of REALTORS® (C.A.R.) 2006 President Vince Malta administered the oath of office to SILVAR’s new president, officers and board of directors. SILVAR represents over 5,000 REALTORS® and affiliates engaged in the real estate business on the Peninsula and in the South Bay. The local trade association seeks to promote the highest ethical standards of real estate practice, serves as an advocate for homeownership and homeowners, and represents the interests of property owners in Silicon Valley.

Denise Welsh, a broker associate with the Alain Pinel Realtors Los Altos was installed as 2017 president; Bill Moody, a REALTOR® with Referral Realty, Cupertino, president-elect; and Phyllis Carmichael, a REALTOR® with Coldwell Banker Residential Brokerage, Los Altos, treasurer.

Joining SILVAR’s lead officers as this year’s board directors are Karen Trolan (Alain Pinel Realtors), past president; Chris Isaacson (Coldwell Banker Residential Brokerage), Region 9 chair; Leannah Hunt (Sereno Group), National Association of Realtors director; Young Jacob (Intero Real Estate Services), Menlo Park/Atherton District; Penelope Huang (Dreyfus Sotheby’s International Realty), Palo Alto District; Kathryn Tomaino (Coldwell Banker Residential Brokerage), Los Altos/Mountain View District; David Hunt (W.A. Krauss & Co. Property Management), Cupertino/Sunnyvale District; Mary Kay Groth (Sereno Group), Los Gatos/Saratoga District; Directors At-large Jeff Bell (Coldwell Banker Residential Brokerage), Katherine Frey (Alain Pinel Realtors), Davena Gentry (Sereno Group), Ryan Nunnally (Alain Pinel Realtors), Bryan Robertson (Catarra Real Estate), Mark Wong (Alain Pinel Realtors); and Art Clark (Obeo Ewalk), Affiliate chair.

A REALTOR® for 30 years, Welsh has been active in organized real estate, having served in multiple leadership positions, including SILVAR board director and California Association of REALTORS® Region 9 director. She is also an active volunteer in the Los Altos community, where she lives and works.

In her address to members, Welsh spoke about the value of and her pride in being a REALTOR®. “This is such an open industry that anyone can be an agent, but not everyone can be a professional REALTOR®. We are engaged in helping our clients with the most important decision of their life,” said Welsh. “We are set apart by the quality and service we deliver to our clients and the professional standards that we set.”

This year’s installation sponsors were MLSListings Inc., Alain Pinel Realtors, DeLeon Realty, Sereno Group, the SILVAR Districts of Los Altos/Mountain View, Los Gatos/Saratoga and Palo Alto, Supra, Alain Pinel Realtors Los Gatos – Jeff Barnett, EverBank – John Woodfin, Tour Factory – Darrell Monda and SmartZip – Stephanie Matsuoka.

 

 

 

 

charlogo

The Silicon Valley REALTORS® Charitable Foundation donated $93,000 in 2016 to non-profit organizations that help the homeless and low-income individuals and families in Silicon Valley. Funds this year also went to scholarships for graduating seniors from public high schools in the region.

The Charitable Foundation is a trust which makes grants available to organizations from donations by REALTORS® and affiliate members of the Silicon Valley Association of REALTORS® (SILVAR). In addition to voluntary contributions from members, grants are funded by proceeds from the local trade association’s district fundraisers, like the Los Gatos/Saratoga District Annual Bocce Ball Tournament and the Los Altos/Mountain View District Annual Pumpkin Auction. SILVAR represents over 5,000 REALTORS® and affiliate members engaged in the real estate business on the Peninsula and in the South Bay.

The 2016 Charitable Foundation grant recipients include Adolescent Counseling Services, which provides a network of skilled family therapists and support groups for teens and young adults in Santa Clara and San Mateo counties; Child Advocates of Silicon Valley, which seeks to provide stability to children who have experienced abuse and neglect; East Palo Alto Kids Foundation, which promotes educational opportunities for students in East Palo Alto and eastern Menlo Park; Friends of Deer Hollow Farm, an educational farm located in the Rancho San Antonio Open Space Preserve; JustRead, a cross-generational program composed of retired professionals who teach reading and writing basics to students who did not learn these skills in earlier grades; LifeMoves, which provides services to enable the homeless to return to stable housing and self-sufficiency; Westwind 4-H Riding for the Handicapped, which provides children with disabilities the opportunity to have fun while improving their coordination and strengthening their muscles; and Youth Community Services, which provides service learning and leadership activities to underserved students in East Palo Alto, Menlo Park and Palo Alto.

From money raised to support further education for U.S. veterans, the Charitable Foundation presented $10,000 each to Palo Alto University and West Valley Community College, and $25,000 to Foothill-De Anza Foundation, an auxiliary organization of the Foothill-De Anza Community Colleges District for the creation of “The John Tripp – Silicon Valley REALTORS® Veterans Scholarship Endowment.” The late John Tripp was a veteran of the Korean War and past president of SILVAR and the Charitable Foundation.

As part of its annual scholarship program, the Charitable Foundation presented a $1,000 grant to each of 18 graduating seniors from public high schools in Silicon Valley. The foundation has been assisting students with the scholarship grants for the past 17 years. SILVAR’s districts, through the Foundation, also donated $6,195 raised at the annual Los Gatos/Saratoga District Pumpkin Auction to the Family Giving Tree for Operation Reindeer; $1,350 each to the West Valley Community Services and Sunnyvale Community Services backpack programs for needy students and $1,000 to the Cupertino Educational Endowment Foundation raised by the Cupertino/Sunnyvale District; and $1,797 raised by the Los Altos/Mountain View District at its spring and fall Legal Updates to Community Services Agency.

“It has become more costly to live in Silicon Valley, so we thank our members for being so generous in supporting the foundation year after year,” said Eileen Giorgi, president of the Silicon Valley REALTORS® Charitable Foundation. “With our members’ continued support for and contributions to the communities where they work and live, we are able to continue our commitment to the welfare and prosperity of these communities.”

 

REALTORSafety2011

Burglars continue to target vacant homes for sale in the Bay Area. Recently, there have been reports of a surge in burglaries in Livermore, where burglars hit nine homes in December. The burglars appear to have used a cutting tool to cut the lock box and get the keys to the residences. Electronics, televisions, appliances and even picture frames have been stolen from the homes, many of which have been staged.

The Silicon Valley Association of REALTORS® (SILVAR) reminds all REALTORS® and their clients to take precautions to prevent this crime from happening to them. For your safety and that of your client, please consider taking the following precautions and share them with clients who plan to sell their home or leave their home vacant for a period of time:

  • Make the home look occupied. Use automatic timers on lights, a TV, and/or radios and set them to go on and off at different times to make your house appear occupied. Install motion detectors on the exterior of your home and garage/shed.
  • Keep curtains/blinds closed and lock all doors and windows. Use wooden stakes inside door/window frames to prevent them from being opened from the outside.
  • Keep the property maintained, grass mowed, and leaves raked. Trim trees and shrubs so they can’t conceal burglars.
  • Inform the police and trusted neighbors that the house will be vacant for an extended time.
  • Ask neighbors to keep an eye on the property and call 9-1-1 immediately if they see or hear any suspicious activity. Ask them to park their vehicle in the driveway and/or pick up fliers or circulars that may be left on the front porch, driveway, or in the newspaper box.
  • Consider installing an alarm system and/or security cameras. Keep alarms activated even if the residents have moved out.
  • Consider hiring a house sitter to prevent the home from being vacant during the selling period.
  • Refrain from putting “For Rent” or “For Sale” signs in front of your property.
  • Schedule viewings by appointment only.
  • Never leave a spare house key under doormats, flowerpots, mailboxes, or other hiding places.
  • Place the lockbox out of plain sight, so it is not easily visible to passersby.
  • Don’t place posts on social networking sites that inform others that the house is for sale.

 

dsc04213-johnendowment

Enter a caption

Left to right are SILVAR Los Altos/Mountain View District Chair Katherine Frey, President Karen Trolan, President-elect Denise Welsh, De Anza College Development Director Dennis Cima, Dean of the Disability Resource Center & Veterans Programs at Foothill College Teresa Ong, Foothill-De Anza Colleges Foundation Executive Director Tess Chandler, and Silicon Valley REALTORS® Charitable Foundation President Eileen Giorgi. the presentation took place at the December 16 Los Altos/Mountain View District Holiday Breakfast at the Los Altos Golf & Country Club.

 

The Silicon Valley REALTORS® Charitable Foundation, the charitable arm of the Silicon Valley Association of REALTORS® (SILVAR), has created a scholarship endowment for student veterans at Foothill and De Anza Colleges. “The John Tripp-Silicon Valley REALTORS® Veterans Scholarship Endowment” was formally presented to officials of both colleges last week at the Los Altos Golf and Country Club.

The scholarship endowment was created by the REALTOR® foundation in memory of John Tripp, a longtime REALTOR® who died on December 27, 2015. Tripp was a veteran of the Korean War and served his country with honor and distinction from 1947 to 1956.

A REALTOR® for over 50 years and past president of SILVAR and its charitable foundation, Tripp was instrumental in “REALTORS® Honor Veterans,” the fundraising event held last year to establish a veterans scholarship fund to support eligible U.S. veterans residing in SILVAR’s traditional service area who wish to further their education. The event raised approximately $40,000.

Earlier this year, the foundation presented $10,000 each to Palo Alto University and West Valley College. The remaining funds went to the scholarship endowment to Foothill-De Anza Foundation, an auxiliary organization of the Foothill-De Anza Community Colleges District.

“In all he did, John emphasized education, ethics and the Golden Rule. The opportunity to grow through education was very near and dear to his heart, and with the establishment of this endowment, we honor his contributions to our community and our profession,” said Charitable Foundation president Eileen Giorgi.

“This is a perpetual scholarship that will grow through the years and be here even after we are all gone,” said Tess Chandler, executive director of Foothill-De Anza Foundation. “This endowment will give our student veterans from both colleges needed assistance to reach their academic goals.”

The endowment will pay out a $1,000 award each year – $500 for a student veteran on each campus. The awards can be used for book vouchers student fees and/or other education expenses.

 

The National Association of REALTORS® (NAR) successfully beat a patent troll threatening real estate offices. Data Distribution Technologies (DDT) sued and threatened several real estate businesses over the use of a technology related patent.

DDT claimed their patent, titled “Web-Updated Database With Record Distribution by Email,” covered systems that provide agents and consumers with online searchable real estate databases that can update users via email about new information that comes available on those databases. NAR challenged the patent’s validity before the U.S. Patent and Trademark Office and filed a declaratory judgment lawsuit on behalf of its members.

Under a settlement agreement, DDT must refrain from enforcing its patent in the real estate industry. The settlement also specifically protects NAR members, associations, MLSes, affiliates, and other related entities from potentially costly litigation.

Patent trolls are companies that own a large quantity of patents. Often, they do not produce any goods. The business model is to just own patents and sue or threaten to sue anyone for patent infringement. As small business owners, REALTORS® are exposed to these threats of litigation, often for using basic business technology like drop-down website menus, mapping features and online checkout carts or scan-to-email technologies.

NAR supports significant patent law reform in order to prevent overbroad patents and unfair litigation.

 

 

silvar-2016-award

Silicon Valley Association of REALTORS® Executive Officer Paul Cardus (right) and SILVAR Global Business Council Chair Mark Wong are pictured here after receiving the National Association of REALTORS® Platinum Award for Global Achievement at the Nov. 4-7 REALTORS® Conference & EXPO in Orlando.

 

2016-nar-global-platinum

The Silicon Valley Association of REALTORS® Global Business Council (SILVAR GBC) has been awarded the National Association of REALTORS® (NAR) PLATINUM Global Achievement Program Award for 2016. This is the fourth year in a row that SILVAR has been honored with this recognition.

The platinum award is presented by NAR to an association for having demonstrated through its Global Business Council exceptional commitment to building members’ awareness of the global and multicultural business opportunities in their local markets. SILVAR’s global business council is one of a select few Platinum Councils in the country.

NAR commended the hard work of the SILVAR GBC this past year and the dedication SILVAR has contributed to raising members’ awareness of global business in our local market, noting, “Your council has shown the highest level of service to its global members by consistently providing them with the tools they need to handle international real estate. The services and resources your council works hard to provide are the benchmarks upon which the standards have been set. It has been a pleasure watching your council perform so highly in 2016 and I can’t wait to see what 2017 has in store for you and your members!”

SILVAR GBC is chaired by Mark Wong, a REALTOR® with Alain Pinel REALTORS® Saratoga. This year the GBC presented programs on feng-sui, China, the EB-5 visa and an International REALTOR® Panel with REALTORS® from Japan, Iran, the United Kingdom and France. These programs were well-attended and oversubscribed.

In June, SILVAR conducted its fifth Certified International Property Specialist (CIPS) Institute with 2012 and 2009 NAR International Instructor David Wyant. The CIPS Institute had 17 students from the San Francisco Bay Area and Canada. Most of the students were SILVAR members. Nine students from the Institute earned their CIPS designation. At present, 52 SILVAR members are CIPS designees.

Additionally, as NAR’s Ambassador Association to the Philippines, SILVAR supports and maintains ties with the Chamber of Real Estate and Builders Associations, Inc. (CREBA), SILVAR’s cooperating association in the Philippines. SILVAR member and past GBC chair Jennifer Tasto is the NAR President’s Liaison to the country.

SILVAR will be presented the platinum award at the November 4-7 NAR REALTORS®’ Conference & EXPO in Orlando.

In view of the latest earthquake alert following a swarm of seismic activity in the Salton Sea on the south end of Southern California’s San Andreas fault, it is a good time to review earthquake safety measures.

The Silicon Valley Association of REALTORS® shares the following important earthquake safety measures from the Federal Emergency Management Agency (FEMA), California’s Department of Conservation and the U.S. Geological Survey:

Identify Potential Hazards in Your Home and Fix Them

  • Move furniture away from where people sit, sleep, or spend a lot of time. Move heavy objects to lower shelves and secure hanging objects, cabinet doors and appliances with safety straps, fasteners and adhesives. Move flammable or hazardous materials stored in garages and utility rooms to low, more secure areas.
  • Replace rigid gas connections to water heaters and other gas appliances with flexible (corrugated) stainless steel gas connectors. Excess-flow gas-shutoff valves for individual appliances will stop gas flow in case of a catastrophic leak.

Create a Disaster Supply Kit and Keep it in an Accessible Location

  • First aid supplies, with medications not requiring refrigeration, including spare eyeglasses and essential hygiene items
  • Drinking water (minimum one gallon per person per day)
  • Whistle (to alert rescuers to your location)
  • Emergency cash in small bills (ATMs may not work)
  • Snack foods high in calories, canned and packaged foods and cooking utensils, including a manual can opener and food and a leash or carrier for your pet
  • A working flashlight with extra batteries and/or light sticks
  • Baby formula or powdered milk for infants, disposable diapers, baby wipes, bottles, pacifiers and comfort items for your children, like stuffed animals and other toys
  • A battery-operated radio (and spare batteries)
  • Warm clothing, gloves, sturdy shoes, extra socks, blankets/sleeping bags, dust masks
  • Heavy-duty plastic bags for waste and other uses
  • A-B-C type fire extinguisher
  • Copies of vital documents, such as insurance policies, personal identification, medical consent forms for dependents

Replace perishable items like water, food, medication and batteries on a yearly basis.

Create a Disaster Preparedness Plan

Decide how and where your family will reunite if separated during a quake. Select an out-of-state friend or relative to call and alert other relatives and friends that you are all right.

During an Earthquake, Drop! Cover! and Hold On!

If you are indoors, drop to the ground, take cover by getting under a sturdy desk or table, or stand against an interior wall. Stay away from exterior walls and windows. If you are outdoors, stay clear of buildings and power lines. If there is no shelter nearby, cover your head and neck with one arm and hand. Hold on until the shaking stops.

If you are driving, move the car out of traffic and stop. Avoid parking under or on bridges or overpasses, or close to trees, light posts, signs and power lines.

If you are in a mountainous area, beware of the potential for landslides. If you are near the ocean, be aware that tsunamis are associated with large earthquakes, so get to high ground.

nina

Nina Yamaguchi, managing broker with Coldwell Banker Residential Brokerage in Cupertino, shared prospecting tips with members at a recent Silicon Valley Association of  REALTORS® Cupertino/Sunnyvale District tour meeting.

Yamaguchi said with market is changing. Inventory for the entry level market is tight and the luxury market is passed its peak. It is highly likely that the lack of inventory and a dip in sales because of it will continue.

“With that framework, it is more important than ever to get listings,” stressed Yamaguchi.

Here are some of her suggestions:
1. Don’t ignore expired listings. Check with the former listing agent about the status of the expired listing. There also are many internet sites that help find people for a fee, such as beenverified.com, peoplefinders.com. intelius.com and theredx.com.

2. Don’t ignore print. While online is popular, many people still like print, especially seniors. Silicon Valley has many senior residents. Advertise in the newspapers, send out Just Listed and Just Sold cards. Follow these up with a phone call or door knocking.

3. Tap your sphere of influence – friends, family, former co-workers.

4. Tap into your database of referrals and past clients.

5. Door knock in neighborhoods where a home has just sold, or send out “missed opportunity” mailings. It may interest neighbors to know that the house on their street sold at a good price.

6. Get with technology. Text a short video or a pre-listing presentation.

7. Use social media and post on Facebook.

8. Invite the neighbors to your open houses.

9. Farm around your successes.

10. Do the basics.

“All the basics still work,” said Yamaguchi. “You need to be consistent and show up.”

Yamaguchi said her top farmers do everything consistently, from sending out mailers, advertising in the newspapers, maintaining a strong internet presence, door knocking, to holding open houses every weekend.

“I’m a firm believer in open houses because they are a great way to get buyers and sellers,” said Yamaguchi.

In closing, Yamaguchi shared this quote from Nelson Mandela: “May your choices reflect your hopes, not your fears.”

“If you are fearful, you are not going to get anywhere. If you follow your hopes you’ll be successful,” said Yamaguchi.

 

dsc03595-cropped

The Silicon Valley Association of REALTORS® joined the Silicon Valley real estate community in congratulating the 2016/2017 leadership team of the Chinese American Real Estate Association (CAREA) at the association’s installation dinner held at the Mayflower Restaurant in Milpitas last Friday. SILVAR President Karen Trolan administered the oath of office to 2016/2017 CAREA president Jennifer Chen, the officers and board of directors.

Chen is owner and president of J C Investment Consulting in San Jose. Serving with Chen as the 2016/2017 officers and directors are Coco Tan (Keller Williams Realty), immediate president; Yuan Chang (Intero Real Estate Services) and Wilson Chai (Bank of America), vice presidents; Kenny Tang (East West Bank), treasurer; David Wang (Century 21 Realty Alliance), secretary; Joyce Sun (GB Commercial, Inc.), membership; John Luk (GD Commercial, Inc.), founder and lifetime honorary chair; David Bonaccorsi, Esq. (Law Offices of Bernard, Bagley & Bonaccorsi, LLP), legal advisor; John Wong (Wong & Chin, CPAs), Wai Man Chan (Finance Eagle Strategies LLC), Sheena Chang (Vantec USA), advisors; and Dexter Lat (Realty World One Alliance), Mattie Wei (Re/Max Accord), Tracy Qui (KC& Association Insurance Agency), Leslie Chao (GD Commercial), Barbara Kuang (Allstate-BnW Associates, LLC), directors.

Chen thanked SILVAR and the 400 real estate professionals at the gathering. She noted their presence “shows why since 1988 CAREA has achieved great success by connecting together real estate agents, developers, escrow agents, loan agents, appraisers and property managers.” Chen’s theme for her term is “Will to Succeed.”

READ MORE AND VIEW PHOTOS


 

 

June 2017
M T W T F S S
« May    
 1234
567891011
12131415161718
19202122232425
2627282930  

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 44 other followers