Theresa Hatton Honored by the National Association of Realtors

PZ Director DeLuca Writes Siting Council, Blasts Eversource

In a 26-page report and scathing cover letter dated Nov. 23 to the Connecticut Siting Council, the agency with jurisdiction over power facilities and transmission lines, Greenwich’s Planning Zoning director Katie DeLuca outlined major objections to the proposals.

Silicon Valley Association of REALTORS® Earns Third NAR Platinum Award for …

Cupertino, CA – November 27, 2015 – (RealEstateRama) — For the third year in a row, the Silicon Valley Association of REALTORS® (SILVAR) has earned the National Association of REALTORS® (NAR) Platinum Award for Global Achievement. The platinum award is the highest distinction 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, a professional trade organization representing over 4,500 REALTORS® and affiliate members engaged in the real estate business on the Peninsula and in the South Bay, is the only association in Northern California to achieve platinum council status since the program’s inception in 2011. NAR stated SILVAR’s global council “demonstrated the utmost commitment to helping members capture their share of the global real estate market in the United States.” SILVAR leadership received the prestigious award at a special international dinner during the Nov. 13-16 NAR REALTORS® Conference and Expo in San Diego.

“We are honored to receive the National Association of REALTORS® prestigious platinum award for three years in a row. SILVAR is committed to continuing to provide our members with the proper tools that will help them expand and excel in their business here and abroad,” said SILVAR Executive Officer Paul Cardus.

Under the leadership of 2015 Global Business Council chair Mark Wong, a REALTOR® with Alain Pinel REALTORS® Saratoga, SILVAR’s global business council conducted a number of activities and education programs to raise members’ awareness of global business in their local market, including programs on China, Mexico, India and the Philippines, as part of its “Doing Business With” quarterly series. Also this year, SILVAR conducted its fourth Certified International Property Specialist (CIPS) Institute, attended by 31 REALTORS® from around the Bay Area, Southern California and Arizona. The CIPS Institute is a full-week program that includes courses analyzing the international business climate, including capital flow, currencies, government regulations and cultures and conducting real estate transactions with clients from Europe, Asia and the Americas.

SILVAR partners with other real estate associations throughout the year to promote awareness and education in global real estate, and continues its role as NAR Ambassador Association to the Philippines. The Chamber of Real Estate and Builders’ Associations Inc. (CREBA), SILVAR’s cooperating real estate association in the Philippines and the largest real estate umbrella organization that country, also was honored at the event. SILVAR member Jennifer Tasto is the NAR President’s Liaison to the Philippines.

SILVAR’s commitment to international real estate goes beyond members assisting foreign nationals buying property in Silicon Valley. As a membership benefit, SILVAR REALTOR® members have free access to Proxio, the global networking platform that connects them with real estate agents domestically and abroad and enables them to share their listings, including property developments here and abroad.

Among the 110 REALTOR® global councils operating nationwide, only 17 were named platinum councils. SILVAR is one of three REALTOR® associations that has been awarded the top award for three consecutive years.

Realtors association announces annual award winners

The Reno/Sparks Association of Realtors announced its 2015 annual award winners at the association’s annual dinner on Nov. 14.

Winners included Mark Ashworth, a Realtor with Transaction Realty, who was named Realtor of the Year for demonstrating high involvement and activity in RSAR, his business accomplishments and activity in local civic affairs.

Ashworth served as president of the RSAR in 2014 and is a distinguished military veteran who has been active in the RSAR as a committee chair and director. In 2016, he will serve as president-elect of the Nevada Association of Realtors. In addition, he serves on the board of directors for the Pioneer Center for the Performing Arts and on the National Association of Realtors State and Local Issues Committee.

Kevin Jones with First American Title received the affiliate of the year award, recognizing his outstanding service and commitment to RSAR since 1997. He has served on the boards for the Women’s Council of Realtors, the National Association of Hispanic Real Estate Professionals Reno Chapter and the Northeastern Nevada Regional Development Authority.

The Educator of the Year Award was presented to Helen Graham, a Realtor with Re/Max Premier Properties, in recognition of her outstanding efforts in consistently demonstrating an exceptionally high standard in instructing peers in the real estate industry. Graham has more than 30 years of experience in international sales and marketing and has worked in real estate for more than 12 years. Graham’s activities and accomplishments include serving as the 2013 president of RSAR and being a member of the Nevada Association of Realtors Board of Directors. She has served on the National Association of Realtors Housing Opportunities Committee and the Business Issues Committee. She is also the recipient of the Women of Achievement Award by the Nevada Women’s Fund and is actively involved with the Sparks Rotary Club.

William Process, a Realtor with Homegate Realty of Nevada, was awarded the Mat Gibbons Good Neighbor Award, recognizing his continued service to RSAR, high ethical and professional caliber, and distinguished volunteer service to the community. Process is a distinguished military veteran who served as a Naval Corpsman. He has been active in RSAR as a committee chair and officer. He has volunteered his time and talent to establish the Northern Nevada Chapter for the Veterans Association of Real Estate Professionals. In less than six months, the chapter was formed and conducting education for Realtors and veterans on veterans’ affairs benefits. Additionally, the chapter received a donated house to be rehabbed for a qualified veteran.

The Abraham Curry Award was presented to Jeni-Eugenia Temen, a Realtor with Coldwell Banker Select Real Estate. Abraham Curry was proclaimed to be a visionary and dedicated, forward-thinking Nevada resident. Temen’s bigger vision for northern Nevada has been put into motion with her leadership in working with Realtors to understand cultural differences in buying and selling real estate locally and internationally. She has served five years as the National Association of Realtors Presidential Liaison to Romania. With her help, Romania is one of the first Eastern European countries to adopt the principals of organized real estate including the Realtors Code of Ethics and a Multiple Listing Service. She is involved with the Governor’s Office on Economic Development and the Northern Nevada Development Authority. She serves as the chair of the Reno/Sparks Association of Realtors Global Business Committee.

NAR economist: Silicon Valley is Florence of ‘tech renaissance’

Economists impressed with Silicon Valley’s economic growth since the recession have described the region as “special,” and the National Association of Realtors’ chief economist had a particular comparison at a recent meeting.

“Silicon Valley is the Florence of the technology renaissance,” Lawrence Yun told members of the Silicon Valley Association of Realtors at their annual meeting, held in October at the Computer History Museum in Mountain View.

The Italian city was the model of the Renaissance culture, with a strong economy, a place where writers, artists, architects and philosophers converged. In the same way, the Valley today has drawn highly skilled tech workers, young and ambitious engineers, and innovators with cutting-edge strategies. Yun believes that the momentum will likely continue as Google, Facebook, Yahoo and other tech companies here continue to grow, innovate and produce results.

“Silicon Valley is a very special market, there are no metrics to compare,” he said. “It has so much potential.”

Yun painted a different picture of the national economy. Although pegged at an “awesome” 3.9 percent at the end of the second quarter, the gross domestic product has been underperforming annually, he said. The year-over-year GDP has been subpar, under 3 percent for 10 straight years.

Yun said the unemployment rate is at 5 percent and the nation has gained 12 million jobs since the recession, but the employment rate is not rising. The employment rate was 64 percent before the recession, compared with 58 percent today. Missing from the equation are people who are out of the labor force – those who have given up looking for jobs, Yun noted.

“We are treading water at the nationwide basis,” he added.

Yun projects moderate improvement for the economy, with GDP at 2.3 percent by year-end and 3 percent in 2016. He predicts that job growth will total 2.4 million in 2015 and rise to 2.7 million in 2016, with consumer confidence and the housing market continuing to improve.

Housing starts are recovering, but too slowly in relation to job growth, Yun said. He expects the 30-year rate to rise to 4 percent in mid-December or early next year and possibly reach 5.2 percent in 2016.

Real estate is all about location and the local economy, according to Yun. California is performing well, ranked sixth on the list of top job-performing states.

Although rents are at a seven-year high, Yun said rent control is not the answer to the problem.

“There are two ways to destroy a city – by bombing it or imposing rent control,” he said.

Yun explained that once rent control is imposed, landlords lose the incentive to make improvements to their properties, which ultimately leads to a deterioration of the quality of life, health hazards, under-the-table deals and a drop in property values.

The Silicon Valley Association of Realtors provided information for this article. For more information, email Rose Meily at This email address is being protected from spambots. You need JavaScript enabled to view it.

US existing home sales fall more than expected in October

Housing is being supported by a strengthening labor market, which is boosting household formation by encouraging young adults to leave parental homes. It, however, remains constrained by a persistent shortage of houses for sale, which has driven up prices and sidelined first-time buyers.

Economists had forecast sales falling to a rate of 5.40 million units last month. Sales dropped 8.7 percent in the West and fell 3.2 percent in the South. According to the Realtors group, these two regions have experienced large price increases due to tight inventory.

Sales slipped 0.8 percent in the Midwest and were unchanged in the Northeast.

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Realtors® to Receive zipForm Plus® and zipTMS™ as Free Member Benefit

SAN DIEGO, Nov. 16, 2015 /PRNewswire/ – The more than one million members of the National Association of Realtors® will soon have free access to electronic forms and transaction management software from REALTOR Benefits® Program partner zipLogix.

zipLogix is a powerful, easy-to-use real estate forms and transaction management software platform that helps real estate professionals improve their efficiency, productivity and profitability. As the exclusive and official forms software for NAR, more than 600,000 Realtors® already use zipLogix applications, and more than 900,000 NAR members are currently entitled to use zipLogix products through association member benefits or individual purchases.

“NAR is Realtors®‘ business advantage, and the association is committed to making sure Realtors® have the latest technology tools to succeed in today’s dynamic real estate environment,” said Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Arkansas. “Now Realtors® will have access to the real estate forms they want, when they need them. We’re excited to now offer industry leader zipLogix’s tools as a member benefit to all Realtors®. I hope all of our members take advantage of this new benefit to help them save time and money and better succeed in their business.”

Realtor® associations that license their forms to zipLogix make it easy for their members to access the most up-to-date local and state forms library. Beyond zipForm Plus®, Realtors® will also be able to manage transactions through zipLogix’s transaction management system zipTMS™, and store transactional documents to meet their state’s Department of Real Estate requirements.

“As a Realtor® association-owned company, zipLogix is committed to Realtors®‘ success,” said zipLogix Chairman of the Board Mark Peterson. “We look forward to expanding our partnership with NAR and helping facilitate transactions for even more Realtors® and their clients.”

Expanded zipLogix tools for brokers and local and state Realtor® associations will also be offered at exclusive members-only pricing. Along with access to forms, transaction management tools and document storage, brokers have additional options available to them, including measurement and reporting tools as well as oversight and management of their agent’s transactions to complete contracts more efficiently and assist with risk management.

The zipLogix member benefit will be available to Realtors® in early 2016. Members and associations can learn more about at

NAR’s REALTOR Benefits® Program offers practical solutions for Realtors® on the products and services they use every day. The program includes offerings in a variety of categories from nearly 30 companies recognized as leaders in their respective industries.

Fraser, Mich.-based zipLogix is a technology company created by, owned by and working for real estate professional to improve productivity and efficiency industry wide. Its software automates and simplifies the repetitive and complex steps of real estate transaction, and is used by more than 650,000 real estate professionals across the country. Visit to learn more.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing over 1.1 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at This and other news releases are posted in the “News, Blogs and Videos” tab on the website.

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SOURCE National Association of Realtors

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Ada County Association of Realtors members appointed to national committees

Six members of the Ada County Association of Realtors have been appointed to committees at the National Association of Realtors, the largest trade association in the country.

Julie DeLorenzo of Keller Williams Realty Boise will serve on the Public Policy Coordinating Committee and the Realtors Party Member Involvement Committee. Gail Hartnett of Keller Williams Realty Boise is the 2016 President’s Liaison. Kit Fitzgerald of Red Barn Real Estate will serve on the Broker Involvement Council, the Leadership Academy Advisory Group, and the RPAC Major Investor Council. Brenda Kolsen of Silverhawk Realty and ACAR’s 2015 president will serve on the Business Issues Policy Committee and the Professional Development Committee. Georgia Meacham of Front Street Brokers will chair of the Housing Opportunity Committee and serve on the Public Policy Coordinating Committee and the Smart Growth Advisory Board. Katrina Wehr of Silvercreek Realty Group and ACAR’s 2015 vice president will serve on the Risk Management Committee.

Staff from ACAR and the Intermountain MLS have also been appointed to national committees.

Ada County Association of Realtors Public Policy Director Miguel Legarreta will serve on the Housing Opportunity Committee and the Public Policy Coordinating Committee. CEO Breanna Vanstrom will serve on the Association Executives Young Professionals Network Advisory Board and the Data Strategies Committee. Intermountain MLS CEO Greg Manship will serve on the Multiple Listing Issues and Policies Committee.

NAR revokes charters for 16 Realtor associations

SAN DIEGO — The board of directors for the National Association of Realtors revoked the charters of 16 Realtor associations today for noncompliance with a NAR mandate known as the “core standards.”

The core standards, approved by the board in May 2014, are intended to “raise the bar” for Realtor associations by ensuring that even the smallest association is capable of enforcing the Realtor Code of Ethics, playing a political advocacy role, conducting outreach to consumers, maintaining fiscal responsibility, and operating a website promoting member programs, products and services.

The mandate came with teeth. Any association that failed to comply with the standards by a June 30, 2015 deadline would lose its Realtor charter. Any associations threatened with revocation of a charter wa…

NAR Forecasts Moderate Home Sales Growth in 2016