2014 Leadership of the DAOR

Executive Directors: Mireya Ruiz, President Jason Cierpiszewski, President-Elect Carrie Uva, Vice President Esther Lee, Treasurer Jeanette Baumann, Executive Vice President Directors: Mario Acevedo Michael Berdelis, Immediate Past President Maria Cibrian Sossi Gabriel Ericka Saenz Ruben Sarinana Vicki Spearman Miriam Villanueva

DAOR Chaplain: Ruben Sarinana

CAR State Directors: Mireya Ruiz, Carrie Uva & Jason Cierpiszewski

Affiliates In Action Committee Tom Ramirez, Chairperson

Awards Committee Larry Kooiman, Chairperson

Budget & Finance Committee Nubia Aguirre, Chairperson

DAOR YPN Laura Dominguez, Chairperson

Grievance Committee Dan Nevarez, Chairperson

LCRC Trustees John Lacey, Chairperson

Local Government Relations Sandra Carnett, Chairperson

Membership/MLS-Technology Committee Remoun Said, Chairperson

Nominating Committee Russell Skersick, Chairperson

Professional Standards Committee Bev Baumann, Chairperson

REALTOR Community Relations Committee Rowena Dominguez

Scholarship Committee Diane Sanchez

DAOR Staff

Jeanette Baumann, EVP - evp@DAOR.com

Customer Care Department Nelly Palma, mls@DAOR.com

CeCe Robles, education@DAOR.com Hilda Inzunza, cs@DAOR.com

Membership Department Julie Sartor, julies@DAOR.com

Fausto Navarro, communications@DAOR.com Susie Gonzales, cs@DAOR.com

T[\l_ of Cont_nts:

Downey Association of REALTORS 12073 Paramount Blvd - Downey, CA 90242

562 861-0915 - Fax 562 923-9995

www.DAOR.com

Monday - Friday 9am-5pm

Saturday 9am-1pm

24/7 text support :

Text DAOR to 55469 Volume 1– Issue 2

1 - D@OR’s 2n^ Qu[rt_r Top Pro^u]_rs

2 - D@OR’s Knott’s B_rry F[rm F[mily Pi]ni]

3 - RE@LTOR Community W__k Ev_nts & D@OR’s Fr__

Housing @ffor^[\ility

Symposium Lun]h_on

4 - M__t Your 2015 D@OR

L_[^_rship

5-6 - @ Littl_ Of This & @

Littl_ Of Th[t

7 - “L_t’s G_t @ppy”

8 - D@OR’s N_w 24/7 Fr__

T_xting H_lp-Lin_

9 - @ffili[t_’s @nnu[l Expo

10 - N_xt YPN Ev_nt &

Birth^[y C[k_ D[y

11 - D@OR’s Stor_ it_m/s[l_ of th_ month

Pl_[s_ fin^ on p[g_ 11 links

to “join” D@OR’s F[]_\ook,

Twitt_r, Instigr[m, You Tu\_,

[n^ Vi_w 2014 Pi]tur_s on

Pi][sso.

3

7

1

Knott’s Berry Farm

Family Picnic - 2014

Thank you Affiliate Sponsors who supported this event.

Andy Zuloaga, Farmers

Claudia Contreras, ProActive Escrow

Hans Hilton, Cutco

Carmen Meraz, Platinum Mrtg

Monica Meza, iMortgage

Page 2

REALTOR COMMUNITY WEEK

September 8-12, 2014

Feel Free To Participate!!

The REALTOR COMMUNITY RELATIONS

Committee put together a week full of

events, that REALTORS can participate in

to show their

“REALTOR® COMMUNITY SPIRIT”

Monday - SEACCA Drive. Office Team Leader in charge

of collecting a $5 donation from agents in the office,

from now until Sept 3rd.

Tuesday - City Clean-Up. Sign up to “spruce-up” an area

of Downey, Norwalk, or Pico Rivera.

Wednesday - Housing Affordability Symposium Lunch-

eon. This luncheon will be free for DAOR REALTOR

Members; but reservations are a must.

Thursday - September 11th … bring lunch to the Downey

Police Department. Team Leaders may meet up there for

a photo.

Friday - Food Drive to PTA Helps. Each office collect

canned, non-perishable food, from now until Sept 12th

Page 3

Meet Your 2015 DAOR Leadership

Executive Directors

JASON CIERPISZEWSKI

Jason will serve as President

of the DAOR in 2015 -

Jason works at Century 21

My Real Estate and joined

DAOR in 2004.

CARRIE UVA Carrie will

serve as President-Elect of

the DAOR in 2015 - Carrie

works at Prudential 12 Hour

RE and joined DAOR in

1993.

MARIO ACEVEDO Mario

will serve as Vice President

of the DAOR in 2015 -

Mario works at ReMax Col-

lege Park Realty and joined

DAOR in 2006.

ERICKA SAENZ Ericka

will serve as the Treasurer –

Secretary of the DAOR in

2015. Ericka works at

Century 21 Jervis and Asso-

ciates and joined the DAOR

in 2004.

Directors Serving their

Second Year (2014-2015)

MARIA CIBRIAN - Maria

is a REALTOR at Century

21 Allstars, and joined the

DAOR in 2005.

SOSSI GABRIEL - Sossi

is a REALTOR Broker/

Owner of Nova Real Estate

and Property management,

and joined the DAOR in

1989.

RUBEN SARINANA JR -

Ruben is a REALTOR at

Century 21 A Better Service

Realty, and joined the

DAOR in 1989.

VICKI SPEARMAN -

Vicki is a REALTOR at Pru-

dential 24 Hour RE, and

joined the DAOR 1976.. We

should also mention, Vicki

served as president in 1993

& 1997.

MIRIAM VILLANUEVA

Miriam is a REALTOR with

Century 21 My Real Estate

and joined the DAOR in

1990.

Newly Elected Directors

Serving in 2015 & 2016

ROWENA DOMINGUEZ

Rowena is a REALTOR at

Century 21 My Real Estate,

and joined DAOR in 2007.

DAN NEVAREZ - Dan is a

REALTOR/Manager at Cen-

tury 21 Realty masters, and

joined the DAOR in 1984.

Immediate Past President

MIREYA RUIZ - Serving

as President in 2014, Mireya

will serve one year on BOD

as Immediate Past President.

Mireya is a REALTOR with

Century 21 Allstars, and

joined the DAOR in 2001.

(Top L to R) Dan Nevarez, Rowena Dominguez, Miriam Villanueva, Sossi Gabriel, Maria Cibrian

(Bottom L to R) Mireya Ruiz, Ericka Saenz, Jason Cierpiszewski, Carrie Uva, Mario Acevedo, Vicki Spearman, Ruben Sarinana

Page 4

TDS AND MIXED USED PROPERTY

A new case, Richman v. Hartley , (filed

March 20,2014, Second District, Div. Six

S.O.S B245052) addressed the following

question: If a property is mixed use

containing not more than four residential

units and one or more commercial units

(the property in the case had one commer-

cial building and a residential duplex), must

the seller deliver a TDS? The answer is yes,

at least for the residential portion. In this

case the buyer and seller used a commercial

contract (not a C.A.R. form) and the seller

did not deliver a TDS. There was also a

lease and some lapse of time between the

buyer entering the lease and the purchase

contract. The buyer/tenant decided no to

proceed with the purchase and cancelled

based upon the sellers failure to provide a

TDS. The seller sued stating that the TDS

is required only when the property is

exclusively residential and, moreover , the

real essence of this purchase was

commercial not residential. The court dis-

agreed. If the prop-

erty contains at least

one but not more

than four units,

notwithstanding

what else the prop-

erty may contain,

the seller, unless

otherwise exempt, must provide a TDS for

the residential part of the property. The

requirement is not waivable by the buyer

and, if no TDS is delivered by the seller , the

buyer may cancel. The court did not

address the question of whether or not the

seller must provide a TDS on the

commercial portion as that was not the

question before the court.

Break through transaction

roadblocks!

C.A.R. wants to help make difficult

transactions easier for you. The C.A.R.

Finance Helpline is an invaluable oppor-

tunity and FREE MEMBER BENEFIT

for C.A.R. members to prevent and settle

financing difficulties quickly.

If you have important financing questions

or stalled transactions due to financing

roadblocks, C.A.R. has a direct line to key

lenders and servicers. Get financing

assistance with short sales, funding,

REOs, deeds-in-lieu, and more.

Help prevent financing roadblocks from

occurring. Contact the C.A.R. Finance

Helpline, Financehelpline@car.org or call

us at (213) 739-8383

A Little of This &

The Big Turtle

Shell® - Wireless

Speaker

The Big Turtle

Shell® is the

greatest wireless

speaker ever

created. A water

resistant, dust proof, and shock proof Bluetooth

speaker ready to go wherever you go.

Net Neutrality Impact on REALTORS®

The Federal Communications Commission is proposing a rule that could create fast and

slow lanes on the Internet, potentially affecting the quality of consumers' experience on real estate websites. Melanie

Wyne of NAR Government Affairs in a video sits down with two experts on net neutrality to talk about why the changes

being contemplated could be harmful to REALTOR’S businesses.

California Desert & Ventura County California Desert & Ventura County California Desert & Ventura County California Desert & Ventura County

Regional No Longer Reciprocating with Regional No Longer Reciprocating with Regional No Longer Reciprocating with Regional No Longer Reciprocating with

CRMLSCRMLSCRMLSCRMLS

Recent communications by outside MLS’s regarding

CRMLS’s decision to share data directly with MLS’s in

Southern California, instead of participating in the

CARETS system, has caused some confusion.

Contrary to what you may have heard, CRMLS con-

tinues to display data in the Matrix system from all of

our former partners in the CARETS system, with the

exception of the California Desert Association of

REALTORS (CDAR) and the Ventura County Re-

gional Data Share (VCRDS).

At this time, both CDAR & VCRDS have voluntarily

declined to participate in the data share, and as of Sep-

tember 2014, CDAR has given notice to CARETS that

they will no longer be sharing data with any other

MLS outside of their area.

Page 5

Broker-Associate Options for Real

Estate Activities and Addresses By Jennifer Lynn, Special Investigator and Jeff Oboyski, Licensing

Manager

Licensed real estate brokers can conduct licensed activi-

ties for more than one entity, as defined in Section

10131 of the Business and Professions Code, which

states in part “A real estate broker … does or negotiates

to do one or more of the following acts for another or

others.” In short, a broker may operate under their indi-

vidual broker license and/or as the designated officer for

one or more licensed real estate corporations.

A broker also has the option of working for another bro-

ker or licensed corporation by entering into a Broker-

Salesman Agreement pursuant to Commissioner’s Regu-

lation 2726 as a broker-associate. When this option is

exercised, the broker-associate must report additional

addresses to CalBRE. For instance, if the broker-

associate will be conducting licensed activities at an

address of record of their employing broker or corpora-

tion, then the broker-associate must add this additional

address to their license as either a “branch” office ad-

dress; or a “main” office address if they currently do not

have a main office address on file with the Bureau. If the

employing broker or corporation has multiple branch

offices, the broker-associate is only required to add

to their license those branch locations where they are

going to conduct licensed activities on behalf of their

employer.

Additionally, if some of the broker-associate’s activi-

ties will be performed on behalf of their employer, at

the broker-associate’s main or branch office address of

record, then the employing broker or corporation must

add that address as a branch office to their license. See

Business and Professions Code Section 10163 for

branch offices.

Main office address changes can be made using the Bro-

ker Change Application (RE 204) form available on the

CalBRE website, or through eLicensing. Branch office

addresses can be added or deleted by using the Branch

Office Application (RE 203). The Broker Change Appli-

cation should be used to add a broker’s main office ad-

dress; while the Branch Office Application should be

used to add a branch office address to a broker or cor-

poration license.

Complying with broker-associate address reporting re-

quirements enables both consumers and the Bureau to

easily determine where brokers are performing licensed

activities. This information can be accessed by perform-

ing a public licensing search on the Bureau’s

website; click on “Verify a License” and also

by accessing the recently added search option:

“Real Estate Broker and Corporation Search

by Main Office or Branch Office Address.”

Note: There is no requirement for the employ-

ing broker to take possession of the broker-

associate’s license certificate as he or she

would for a salesperson license.

$848 is Typical Technology Spend by Agents Real estate brokers in the last 12 months spent a median of $1,410 on technology for their real estate business, up from $1,122 in 2012, while agents spent a me-dian of $848, up slightly from $822 in 2012. These and other data points are in the 2013-2014 REALTOR® Technology Survey.

Reminder” FTB Information Return Reminder” FTB Information Return Reminder” FTB Information Return Reminder” FTB Information Return

for Outfor Outfor Outfor Out----ofofofof----State Acquisition in 1031 State Acquisition in 1031 State Acquisition in 1031 State Acquisition in 1031

ExchangeExchangeExchangeExchange

For any 1031 exchange that occurs on

or after January 1, 2014, a taxpayer

acquiring a “like-kind” property lo-

cated outside of California must file an

information return with the Franchise

Tax Board (FTB) for that taxable year

and every year thereafter in which the

gain or loss from the exchange

has not been recognized. If a taxpayer

fails to file such information return

and tax returns, the FTB may propose

to assess the amount of tax, interest,

and penalties due by estimating net

income from any available informa-

tion, including the amount of gain.

Assembly Bill 92 (codified as Cal. Rev. & Tax Code §

24953) (law took effect June 27, 2013).

a Little of That !

Page 6

“LETS GET APPY”

Mortgage Calculator (Free)Mortgage Calculator (Free)Mortgage Calculator (Free)Mortgage Calculator (Free) Mortgage Calculator is a easy-to-use tool that helps you understand the repayment re-quirements a mortgage will require. Mortgage Calculator factors in a number of important parameters to provide the most accurate results, and tells you what your monthly or bi-weekly mortgage payments will be as will as your future payoff date. Sitegeist (iOS & Droid) (Free) Sitegeist (iOS & Droid) (Free) Sitegeist (iOS & Droid) (Free) Sitegeist (iOS & Droid) (Free) Sitegeist is one of those apps that can have a multitude of uses depending on what you need to know. Wherever you are, it immediately provides interesting data about the surrounding area: average of residents, political contribu-tions, average temperature, commuting trends, and popu-lar nearby places. Sitegeist might just provide the facts your clients are interested in knowing about each spot they visit. Vert (iOS) (basic is FreeVert (iOS) (basic is FreeVert (iOS) (basic is FreeVert (iOS) (basic is Free————Pro is $1.99) Pro is $1.99) Pro is $1.99) Pro is $1.99) Vert is an “anything and everything” conversion tool. Agents deal with lots of different metrics: size, weight, volume, length, and some-times even currency. Vert turns your smartphone into an all-in-one converter that fits in your pocket! Cam Scanner (iOS & Droid) (Free) Cam Scanner (iOS & Droid) (Free) Cam Scanner (iOS & Droid) (Free) Cam Scanner (iOS & Droid) (Free) Cam Scanner enables you to scan documents directly from your mobile device—and makes them look like real scans! Dropbox (Web, Mac, Windows, iOS, Droid & Windows Dropbox (Web, Mac, Windows, iOS, Droid & Windows Dropbox (Web, Mac, Windows, iOS, Droid & Windows Dropbox (Web, Mac, Windows, iOS, Droid & Windows Phones) (Free up to 2GB) Phones) (Free up to 2GB) Phones) (Free up to 2GB) Phones) (Free up to 2GB) Dropbox is a simple as to store documents in the cloud and have them accessible from any-where. As a cloud storage solution that works on pretty much any device , it allows you to have your client folders in order and handy whenever needed. PDF Escape (web) (Free) PDF Escape (web) (Free) PDF Escape (web) (Free) PDF Escape (web) (Free) PDFescape is the perfect solution for anyone who has a digital version of their signature on their computer that they would like to add to a PDF docu-ment. It allows you to upload any PDF document, add sig-natures, text, and dates where necessary. Casmy REALTOR® (iOS) (Free)Casmy REALTOR® (iOS) (Free)Casmy REALTOR® (iOS) (Free)Casmy REALTOR® (iOS) (Free) Casmy Realtor® is an easy-to-use mobile application and service for real estate professionals

which optimizes Open House Events. It Collects real-time visitor demographic information, buyer interest levels, qualifies loan status, property details, including the ability to generate power-ful custom reports that can be shared instantly with any visitor, broker or senior management. IREM Comps (ios) (Free)IREM Comps (ios) (Free)IREM Comps (ios) (Free)IREM Comps (ios) (Free) The IREM Comps app is a tool that al-low you to establish competitive rents for your residential, office, or retail property. You can enter data for three comparable prop-erties and the app will calculate the adjusted effective rent for your subject property. You will also have the ability to email the results in spreadsheet format to anyone.

House Auction & Home Fore-House Auction & Home Fore-House Auction & Home Fore-House Auction & Home Fore-closure Auction Profits ($4.99) closure Auction Profits ($4.99) closure Auction Profits ($4.99) closure Auction Profits ($4.99) (iOS)(iOS)(iOS)(iOS) Making money from house auctions can be a very exciting and lucrative way to become a property investor. The quickest route to best returns is from bank foreclosure auctions. This brand new guide tells you everything you need to know to get involved in this profitable venture. Dictionary of Real Estate Dictionary of Real Estate Dictionary of Real Estate Dictionary of Real Estate Terms (ios) ($3.99)Terms (ios) ($3.99)Terms (ios) ($3.99)Terms (ios) ($3.99) Dictionary

of real estate terms is filled with over 3,000 industry-specific terms, covering every aspect and nuance of the real estate indus-try. Open Home Pro (ios) ($14.99)Open Home Pro (ios) ($14.99)Open Home Pro (ios) ($14.99)Open Home Pro (ios) ($14.99) With Open Home Pro, you can run your open house on your iPad in addition to the following: Manage all walk-ins at weekly open houses or broker opens; automatically follow up with leads using new contact methods that get opened and read more than 2x the industry average; cre-ate beautiful listing pages for all of your properties; buyers can leave feedback on or contact you with one click; export any col-lected data to Excel or a CRM (customer related management) tool like Top Producer, or directly pass the leads to iCloud; and create your own custom questions. Open House Manager (ios) ($4.99) Open House Manager (ios) ($4.99) Open House Manager (ios) ($4.99) Open House Manager (ios) ($4.99) Open House Manager is designed to quickly capture info from potential buyers and dis-tribute it to your devices and the Cloud. No more sign-in sheets! Visitors sign in on your iPad. Sync buyer’s contact information to your iPad, iPhone and Mac with iCloud. Generate follow-up emails to groups of buyers,; send homeowner reports to your seller; create your own list of buyers and email them; also, create your own survey questions. Get all the information you need. Property Connect (both .com & app)Property Connect (both .com & app)Property Connect (both .com & app)Property Connect (both .com & app) Property Connect has made the rental market fair game for everyone. Simply select a property, input your terms – rent, lease length and move in date and then watch as the LiveOffer™ rolls out. The winning offer is based on the closest match to an Agent’s preferred terms, not the highest rent.

Page 7

MAKE AN IMPRESSION FROM THE STREET

There is a new form of advertising that is making

impression in the Real Estate business "Feather Flags".

Their popular efficient attractive way to promote any

"Open House". The traditional flags are still useful but

have the tendency to blend and be lost in the back-

ground. Feather flags on the other hand stand out and

jump from the background making, them more visible.

Plus you can set them up and take them down in

minutes and they come in their own durable carrying

black bag.

Hilda

cs@DAOR.com

Page 11

7 feet tall

$60 + tax