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The Silicon Valley Association of REALTORS® (SILVAR)has formed a new partnership with the Silicon Valley LGBTQ+ Real Estate Alliance. A Memorandum of Understanding between the local REALTOR® association and the LGBTQ+ Real Estate Alliance local chapter was approved by SILVAR’s Board of Directors at its meeting on Wednesday, June 22, 2022. The collaboration will allow both groups to identify opportunities that cultivate LGBTQ+ leaders and mobilize members in support of mutually beneficial federal policies, among other pro-LGBTQ+ and real estate industry initiatives.
“SILVAR has long championed homeownership for all, and this includes the LGBTQ+ community. We’re proud to announce our partnership with the Silicon Valley Alliance as we celebrate Pride Month in June and work toward initiatives that will benefit the real estate industry and our communities as a whole,” said SILVAR President Brett Caviness.
Homeownership in the U.S. is currently around 65%, while LGBTQ+ homeowner rates are lower, at about 49%. The LGBTQ+ community continues to face housing discrimination and does not feel they are welcome in certain communities where they would like to live. Nearly half of renters do not pursue homeownership due to fears of discrimination.
The National Association of REALTORS® amended its Code of Ethics in 2011 and 2014 to ensure REALTORS® uphold housing protections for members of the LGBTQ+ community. NAR has worked with the Department of Housing and Urban Development as it has reinforced its Fair Housing Act to prohibit discrimination based on sexual orientation and gender identity.
“SILVAR’s partnership with The Alliance is in line with NAR’s core values to lead change while advancing diversity and inclusion,” said SILVAR CEO Paul Cardus. “SILVAR and Silicon Valley LGBTQ+ Real Estate Alliance have a shared commitment in protecting private property rights and advancing the American Dream of homeownership for all.”
“The Silicon Valley LGBTQ+ Real Estate Alliance is grateful for the partnership and support SILVAR has offered us without hesitation,” said Jessa Walsh, Silicon Valley LGBTQ+ Alliance president. “Homeownership is the single most fundamental building block for creating long-term and generational wealth. It’s a challenging goal for anyone, especially in Silicon Valley. It’s our goal through the Alliance to ensure no one in our community experiences additional barriers in their pursuit of homeownership based on who they love or how they identify.”
Silicon Valley LGBTQ+ Real Estate Alliance vision is to create a world free of housing discrimination. “We believe it is imperative to educate ourselves, our agents, and our staffs on how to work with the LGBTQ+ community and ensure there is an inclusive space for everyone within our real estate industry,” said Walsh.
At the Silicon Valley Association of REALTORS® virtual installation ceremony on Feb. 4, the association recognized members for their valuable contribution to the association and community in the past year. The 2020 SILVAR Appreciation Awards were presented by 2020 SILVAR President Mary Kay Groth and CEO Paul Cardus.
Mary Kay Groth, a REALTOR® with Sereno Los Gatos and resident of the town, was named 2020 REALTOR® of the Year. The prestigious award is bestowed on a member who continually demonstrates skills, competency, knowledge and selfless service to the public, clients and to SILVAR.
Presenting the award to Groth, Cardus noted 2020, the 25th anniversary of SILVAR, was a year unlike any other. “The worldwide global pandemic and a national reckoning with injustice and inequality reached deep into the Realtor family. It tested bonds, but ultimately underscored the tenacity, spirit and commitment of Realtors who embraced the challenges at hand.”
Cardus praised Groth for her “gracious servant leadership, her authenticity, empathy and compassion.” He said as 2020 president of SILVAR, Groth “showed resilience in the face of adversity and trailblazing leadership by listening and responding to the needs of our members, communities and association. She found strength and inspiration in the words of Dr. Martin Luther King Jr., ‘everybody can be great…because anybody can serve… You only need a heart full of grace. A soul generated by love.'”
Recognized by Groth were Kyle Chuang, Affiliate of the Year; Brian Chancellor, Spirit of SILVAR. Eileen Giorgi received the President’s award.
Groth said Chuang, a Farmers Insurance agent, is a regular sponsor and participant in association events, where he shares his knowledge and updates on the changing world of insurance. She described Chuang as a “hardworking, hands-on leader and a great proponent of our association.”
“His willingness to help where needed enhances the image of our association and our Realtor and affiliated professional members. ‘Treat people how you want to be treated’ is his personal motto,” said Groth.
The Spirit of SILVAR award is bestowed to a REALTOR® who reflects the association’s commitment to supporting and contributing to the communities it serves. Groth described Chancellor, who is vice president of Experience at Sereno Palo Alto, as “a man of great integrity.” She said Chancellor’s continued community service activities have proven his dedication to making the community a better place.
Chancellor served nine years on the board of Child Advocates of Santa Clara and San Mateo Counties and six years on the Silicon Valley REALTORS® Charitable Foundation board. He has served as a mentor (initially through the Big Brother and Big Sister Program) for young African American males in East Palo Alto without fathers and continues to stay in touch with and support them today. He is serving his fifth year on the Palo Alto Community Fund board and in the Leadership Circle of donors to Partners in Education.
“Through his service, actions and support, he provides a voice to those in our communities who we too often don’t hear, engage or respect,” said Groth.
The President’s award is presented to an individual whose service to the association is worthy of special thanks and recognition. Groth said Giorgi, a REALTOR® with Sereno Los Gatos, has been an integral part of volunteer work at SILVAR for many years, serving in various capacities, as a board director, president of the association’s charitable foundation, chair of the REALTOR® Volunteer Service Program, and on the Los Gatos-Saratoga district council.
“As I became involved with SILVAR, she was a discreet cheerleader and encourager, a good sounding board and one who always served without expectation of recognition. Her heart is one that gives willingly and selflessly,” said Groth.
As the coronavirus (COVID-19) continues to evolve, REALTORS® expect the outbreak to negatively impact their business, primarily in the areas of home sales and time on market. Flash pulse surveys by both the California Association of REALTORS® and the National Association of REALTORS® imply, at least in the short-term, that home sales will be down compared to what would have been the case due to the spread of coronavirus.
According to the C.A.R. flash pulse poll conducted March 6-9 via email, due to the coronavirus outbreak half of California REALTORS® expected there will be a negative impact on home sales and 49 percent said time on market will be impacted. Conversely, 36 percent said they expect there will be no impact on home sales or time on market (38 percent).
Other areas that REALTORS® said would be negatively impacted were home prices (40 percent), closing (38 percent), supply (37 percent) and market competition (28 percent). More than one-half (55 percent) said there would be no impact on market competition, closing (53 percent) or price (45 percent). More than one in four REALTORS® (26 percent) said they had clients who put their home purchase or home sale on hold, and more than one-third of REALTORS® had clients asking them coronavirus market-related questions.
With the situation still uncertain and changing rapidly, Joel Singer, CEO of C.A.R., said, “It is a logical reaction to this reality that the global economy will be slowing in historically unprecedented ways for some period of time.”
NAR conducted a similar pulse survey of members on March 9-10, 2020, a week after C.A.R.’s pulse survey. NAR’s Economic Pulse Flash Survey found among REALTORS® who responded, 37 percent said lower mortgage rates excited homebuyers much more than the stock market correction, yet almost eight out of 10 (78%) said there has been no change in buyer interest due to the coronavirus. Sixteen percent said buyer interest has decreased due to coronavirus, with members in California and Washington State citing larger decreases in buyer interest, 21 percent and 19 percent, respectively.
Nearly nine in 10 members (87%) said coronavirus has not affected the number of homes on the market. In Washington State and California, 5 percent and 4 percent of members, respectively, reported homes were removed from the market.
“Given that a home transaction is a major commitment, the uncertainties on how the economy will play out and the spread of the virus itself are barriers to homebuying and selling. The stock market crash is no doubt raising economic anxieties, while the coronavirus brings fear of contact with strangers,” said NAR chief economist Lawrence Yun. “At the same time, the dramatic fall in interest rates may induce some potential buyers to take advantage of the better affordability conditions. It is too early to assess the likely impact as to whether lower interest rates can overcome the economic and health anxieties.”
Due to coronavirus concerns, C.A.R. and NAR have cancelled meetings and suspended non-essential volunteer and staff travel for association business. Also cancelled is the annual REALTOR® Legislative Day set for April 28. Legislative Day is the one day each year when over 2,000 California REALTORS® travel to Sacramento to meet their respective legislators and discuss real estate-related legislation that could impact property rights, their clients and their business.
In accordance to the March 17-April 7, 2020 Shelter in Place directive, the Silicon Valley Association of REALTORS® (SILVAR) office in Cupertino will be closed. Staff will do their best to serve members while working remotely. Members can email membership@silvar.org with questions.
“Our primary concern is the health of our members and staff. This is the “new normal.” When the Shelter in Place order is lifted, all broker tours, open houses and showings will resume,” said SILVAR Executive Officer Paul Cardus.
SILVAR members recognized.
A REALTOR® for over four decades, Phyllis Carmichael has achieved so much for the Association in many different roles. She is pictured here with 2018 SILVAR president Bill Moody and Executive Officer Paul Cardus.
A highlight of the Silicon Valley Association of REALTORS® Installation Gala last night was the presentation of the 2018 Recognition Awards by SILVAR 2018 President Bill Moody and Executive Officer Paul Cardus. The awards recognize certain members for their valuable contributions to the Association last year.
Moody first thanked his fellow board members and committee chairs for their support last year. He said it has been a privilege to serve SILVAR’s membership as president.
Recognized for their outstanding contributions were:
2018 REALTOR® of the Year: Phyllis Carmichael (Coldwell Banker Residential Brokerage)
The announcement of REALTOR® of the Year was met with loud applause and cheers. Moody described Phyllis Carmichael as a REALTOR® “who brings forward the best in any board or committee on which they serve.” Moody said Carmichael’s ability to build consensus while pursuing the bold path forward is a hallmark of her decades of service.
A REALTOR® for over four decades, Carmichael has achieved so much for the Association in many different roles. As director, president and treasurer, at the California Association of REALTORS®, on issues ranging from political to governance to financial, she has shared her tremendous expertise with SILVAR and its members.
“Through strong and calm leadership, always with a twinkle and a smile, even in tense moments, she created and grew our Association,” said Moody. “She is sharp, skilled and effective. She is our happy warrior.”
2018 Affiliate of the Year: Audrey Hutton (Hutton Mortgage Team)
The Affiliate of the Year is someone through his or her actions has unequivocally embraced and adopted the principles, goals, and purposes of the Association. Moody said Audrey Hutton “has proven to be a dedicated workhorse and a great proponent of our Association.” He noted Hutton’s firm provides mortgage services in a timely manner with great attention to detail for SILVAR’s REALTOR® members and their clients. He praised her professional support for all SILVAR programs across the Association, with a particular dedication to her home district, Los Gatos-Saratoga.
“Her willingness to help where needed enhances the image of our Association and our REALTOR® and affiliated professional members,” said Moody.
The Silicon Valley Association of REALTORS® Global Business Council (SILVAR GBC) was presented the DIAMOND Global Achievement Program Award for 2018 by the National Association of REALTORS® at the Nov. 2-5 REALTORS® Conference & EXPO in Boston. SILVAR President Bill Moody and Executive Officer Paul Cardus accepted the award on behalf of the GBC from NAR Global Business and Alliances Committee Chair Mario Arriaga during the International Night Out dinner on Nov. 3.
The DIAMOND award is the highest level award for global achievement that recognizes those global councils that have consistently performed at the highest level for six years. The award is given to association global councils that have earned PLATINUM status for five consecutive years. SILVAR was honored with the PLATINUM Global Achievement Award for five consecutive years from 2013-2017.
NAR recognized SILVAR GBC as having demonstrated the utmost commitment to helping their members capture their share of the global real estate market in the United States, in addition to connecting their council and members to the global community in their area. The services and resources they have worked hard to provide their members are the benchmarks upon which the standards have been set.
“We are thankful to SILVAR’s Global Business Council for their commitment to enhancing global business opportunities for REALTORS® in their market,” said Jan Hope, NAR Vice President of Commercial & Global Services. “They have done an outstanding job and we are pleased to provide them with the Diamond Global Achievement Program Award.”
The GBC provides SILVAR members information, resources, networking and skills training to enhance their professionalism and success in their local markets with international and multicultural clients and customers. Each year the GBC provides a host of programs related to global real estate, including the Certified International Property Specialist Institute (CIPS).
The CIPS Institute provides training in international business issues, including currency conversion, cultural awareness, legal and tax requirements, transaction principles of international real estate, and specifics about the real estate markets in Europe, the Americas, and Asia. The course is taught by David Wyant, recognized NAR International Instructor of the Year for 2017, 2012 and 2009. There are currently over 4,000 CIPS designees from the U.S. and 35 other countries.
Congratulating the Global Business Council members, SILVAR Executive Officer Paul Cardus said, “The benchmarks for success over the past six years have been the commitment of SILVAR to think globally, the resolute efforts of our Global Business Council.”
Members of this year’s GBC core team are chair Tess Crescini, SILVAR board directors Mark Wong and Joanne Fraser, Mitra Lahidji, Atsuko Yube, past president David Tonna, Alicia Sandoval, Jimmy Kang, Ketan Jashapara, Daisy Wong and Lisa Wendl. Past chairs who led the team in obtaining past PLATINUM awards are Jennifer Tasto, Davena Gentry and Mark Wong.
Other REALTOR® associations earning DIAMOND status are Houston Association of REALTORS®, Arcadia Association of REALTORS® and Orlando Regional REALTOR® Association, REALTOR® Association of the Palm Beaches and Greater Ford Lauderdale (2017) and Miami Association of REALTORS® (2016).
Top left to right: 2017 REALTOR® of the Year Chris Isaacson; Affiliate of the Year Darrell Monda; Spirit of SILVAR Leannah Hunt. Bottom left to right: 2017 C.A.R. Region 9 Chair Chris Isaacson; 2017 President Denise Welsh was presented with her own gavel, a thank you for her service; President’s Award Susan Tilling.
The Silicon Valley Association of REALTORS® Installation Dinner on Jan. 25, SILVAR 2017 President Denise Welsh and Executive Officer Paul Cardus presented the 2017 Appreciation Awards to recognize certain members for their valuable contributions to the Association last year.
Welsh first thanked her fellow board members and committee chairs for their support last year, and said it was a privilege to serve the membership of SILVAR as president. Recognized for their outstanding contributions were:
2017 REALTOR® of the Year: Chris Isaacson (Coldwell Banker Residential Brokerage)
Welsh said Chris Isaacson has been a REALTOR® for slightly over a decade and in that time he has achieved so much for the Association in many different roles, from serving on the district council, as 2015 president of SILVAR, a California Association of REALTORS®® (C.A.R.) Region 9 director, 2017 SILVAR Region 9 chair, and National Association of REALTORS®® (NAR) director.
Welsh described Isaacson as a quiet and effective leader. Working on issues ranging from political to financial, Isaacson has shared his vision and expertise with the Association and its members. “Through his strong, calm leadership, and with an unflappable demeanor, he has strengthened and grown our Association,” said Welsh. Isaacson was also recognized for his leadership and excellent work on behalf of SILVAR and members as 2017 SILVAR Region 9 Chair.
2017 Affiliate of the Year: Darrell Monda (TourFactory)
Welsh said Monda, a longtime affiliate of SILVAR, “has proven to be a dedicated workhorse and a great proponent of our Association.” His firm provides essential state-of-the-art services to SILVAR’s REALTOR® members. Welsh recognized Monda’s professional support for all programs across the Association, from tour meetings, to the CIPS (Certified International Property Specialist) Institute, to the bocce ball tournament in Los Gatos.
“His generosity of spirit and willingness to roll up his sleeves and help where needed enhances the image of our Association and our REALTOR® and affiliated professional members,” said Welsh.
Spirit of SILVAR: Leannah Hunt (Sereno Group)
Leannah Hunt is a REALTOR® who reflects the Association’s commitment to supporting and contributing to the communities it serves and is one of the leaders in real estate in Silicon Valley. Welsh said Hunt “has worked on the frontlines and behind the scenes for the success of the Association.”
Welsh praised Hunt’s efforts to give back to the community by being active in an array of political and civic causes, serving on numerous boards.
“She is generous with her financial support as she is with her time. She is the REALTOR® face in her community,” said Welsh.
President’s Award: Susan Tilling (Coldwell Banker Residential Brokerage)
The President’s Award is presented at the discretion of the president to an individual whose service to the Association is worthy of special thanks and recognition. Susan Tilling has devoted many years of her time acting as a representative at C.A.R. and is a C.A.R. Director for Life.
Upon presenting this award to Tilling, Welsh said, “We are often asked why we get involved and volunteer. We are trying to find our ‘why.’ There are people who are involved out of a deep conviction that the time spent, the purpose of the organization, provides enough motivation for them to donate their time to the cause.
Welsh said Tilling “embodies the values and principles that drive so many of us to dig in and get involved with organized real estate, to fight for property rights and the ability of every man to achieve the American Dream. It is our ‘Why.'”
The Silicon Valley REALTORS® Charitable Foundation donated $49,203 in 2017 to non-profit organizations that help 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. This was also the first year funds were disbursed from The John Tripp Silicon Valley REALTORS® Veterans Scholarship Endowment to a student at Foothill College and at DeAnza College, with each student receiving $500.
The Silicon Valley REALTORS® Charitable Foundation is a trust that makes grants available to organizations from donations by REALTORS® and affiliate members of the Silicon Valley Association of REALTORS® (SILVAR). The foundation grants are also funded by proceeds from SILVAR’s District fundraisers, like the annual Los Gatos-Saratoga District’s bocce ball tournament, which raised $3,362, and the Los Altos-Mountain View District’s annual pumpkin auction, which raised over $5,000 this year.
“We are thankful that with our members’ continued support we are able to continue our commitment to the welfare of the communities where our members work and live,” said Silicon Valley REALTORS® Charitable Foundation President Eileen Giorgi. “We thank our members for supporting the Foundation year after year.”
The 2017 Charitable Foundation grant recipients include Community Services Agency, which provides social services for residents of Mountain View, Los Altos and Los Altos Hills; East Palo Alto Kids Foundation, which promotes educational opportunities for students in East Palo Alto and eastern Menlo Park; Family Connections, which offers a tuition free cooperative preschool program for low-income children in San Mateo County; My New Red Shoes, which provides homeless and low-income children new clothing and shoes at the start of the school year; and Housing Trust Silicon Valley, which makes loans and grants for first-time homebuyers.
Also in 2017, the Charitable Foundation presented a $1,000 scholarship grant to each of 18 graduating seniors from public high schools in Silicon Valley. Since its creation 18 years ago, the program has presented a total of $324,000 in scholarships to Silicon Valley youth. SILVAR’s districts, through the Charitable Foundation, also donate to their local community nonprofit groups. 2017 District donations included $5,257 raised at the annual Los Gatos-Saratoga District pumpkin auction for Operation Reindeer (Family Giving Tree); $2,000 to the Cupertino Education Endowment Foundation and $750 respectively to West Valley Community Services and Sunnyvale Community Services from the Cupertino-Sunnyvale District; and $946 from the Los Altos-Mountain View District’s Legal Update sessions to Community Services Agency.
SILVAR represents over 5,000 REALTORS® and affiliate members engaged in the real estate business on the Peninsula and in the South Bay. Serving on the foundation’s board of trustees are Giorgi, Phyllis Carmichael, Chris Isaacson, Karen Trolan, Denise Welsh and Paul Cardus.