LAR Update

This week in Sacramento the C.A.R. Board of Directors (which includes 7 Directors from LAR) and more than 35 Committees that research and formulate policy on all areas affecting the business, professional practices and public policy involvement of California REALTORS® will meet and covering emerging trends and practices within our profession. These meetings are held three times a year in June, October and January.

In October on the Tuesday before the meetings kick off there is the CALIFORNIA REALTOR® EXPO. It is the state's largest real estate trade show, draws thousands of California's key franchise execs, top producers, and movers and shakers every year for educational, networking and professional development opportunities. In addition, hundreds of top industry vendors and service providers showcase their latest products and information in the Exhibit Hall. And, a special pre-EXPO event, Tech Tuesday, features a full day of comprehensive training geared toward assisting today's REALTOR® to stay on the cutting edge of real estate technology. It is a great chance to hone your professional knowledge and network with your peers.

If you have not attended a meeting in the past, I strongly encourage you to make attending one of these meetings a priority. This year especially, all of our meetings are in Northern California. Great topics covering Legal and Risk Management, updates on all WinForms and changes to our contracts. As well as, special updates from the Department of Real Estate regarding emerging concerns as it relates to lending and real estate. Great panel discussions on the current state of our economy for California and the Nation and also updates on Short Sale and Foreclosure properties.

-Motion carried to approve the minutes and receipts & expenditures report for May.

-Motion carried to grant REALTOR® membership to 33 applicants and Affiliate membership to 2 applicants.

-It was reported a staff person was hired to fill the position that will be vacant on June 30^th, 2009.

-Motion carried to have LAR share in the cost, along with the Merced and Central Valley Associations, of a facility to hold the Fannie Mae REO Campaign on June 17^th in Modesto.

-It was determined LAR should amend the employee’s pension plan to better reflect our situation.

The report of the Nominating Committee is attached to this report. Please take a few minutes to review the report. #NominatingReport The next Update will include profiles of each candidate. The election of 2010 Officers & Directors will be done electronically and will be held Tuesday, July 14^th through Monday, July 20^th, 2009, 5:00 P.M. Watch for more information that will be coming via email. Be sure to keep your email address current with LAR and plan to vote!

The Department of Real Estate has raised their fees and they will become effective for renewals on or after July 1, 2009. Fees for salespersons will increase from $120.00 to $245.00; brokers will increase from $165.00 to $300.00

Plan to attend the: Fannie Mae Real Estate Professionals Training at the Masonic Lodge, 800 Rose Ave, Modesto, on Wednesday, June 17^th, 2:00 – 3:30 pm. There is no charge for this training. To register: www.cvar.org, click Classes/Calendar, click June 17^th – Fannie Mae HomePath REO Training. Registration required. Flyer attached with complete information. #FannieMae

Lodi Association of Realtors®

Baseball Night at the Park

Saturday. June 20^th,7:00 PM

Tony Zupo Field, 350 N. Washington Street, Lodi

Cost: Entrance is Free – Donations will be accepted during the 5^th inning!

LAR will receive 30% of the Donations for our CanTree Charities.

Bring your Family, Friends and Clients!!!

Chanpreet Gill, PMZ Real Estate, Manteca; James Cearley, Equity Mortgage & Investments, Modesto; Stanley Combs, Equity Mortgage & Investments, Modesto; Josie McNiel, PMZ Real Estate, Stockton; Lionel Fernandez, Century 21 M&M and Associates, Modesto; John Schiesser, Great Valley Realtors, Modesto; Louisa Hood, Exit Realty, Armell-Hertle, Modesto; Joe Weatherman, Prudential California Realty, Stockton; Saul Carter,Broker, Modesto; David Ferry, PMZ Real Estate, Riverbank; Stanley Redick, III, Atlantic Realty, Modesto; Lisa Martin, PMZ Real Estate, Oakdale; Matthew Marmon, PMZ Real Estate, Modesto; Sobia Khan, Prudential California Realty, Stockton; Michael Penzotti, PMZ Real Estate, Modesto; Susanne Lovett, Weeks Real Estate, Modesto; Karen Barker, Century 21 M&M Assoc., Modesto; Ronald Keefer, OHD, Inc, Brentwood; Guadalupe Jimenez, Century 21 M&M Assoc., Turlock; Roel Mandac, Century 21 M&M and Associates, Stockton; Shelli Snyder, Klemm Real Estate, Tracy; James Lake PMZ Real Estate, Turlock; Claudia Rodriguez, PMZ Real Estate, Stockton; Mavis Barker, Century 21 M&M and Associates, Lodi; Alicia Valadez, Great Valley Realtors, Modesto; John Keating, PMZ Real Estate, Manteca; Gregory Cobb, Prudential California Realty, Modesto; Rebecca Machado, Century 21 M&M and Associates, Turlock; Leticia Mariscal, Century 21 M&M and Associates, Turlock; Donny Sanchez, PMZ Real Estate, Turlock; Michael Yoshino, PMZ Real Estate, Stockton; Kari Breaux-Century 21 M&M Associates, Modesto; Efrain Aguilar, Home Buyers Marketing II, Inc, Stockton; Gary McKenney-Century 21 M&M and Associates, Lodi; Shannon McDonough – PMZ Real Estate – Modesto; David Kong – Prudential California Realty – Stockton; John Melby – Notman Real Estate Group – Stockton; Mary Ellen Cisneroz, PMZ Real Estate, Riverbank; James Lima Century 21 M & M & Association- Modesto; Daina Mertz – Grupe Real Estate – Stockton; Rene Moncada, Century 21 M&M and Associates, Manteca; Roberto Martinez, Century 21 M&M and Associates, Escalon; Kelley A. O’Toole, Century 21 M&M and Associates, Escalon; John C. Prince, Century 21 M&M and Associates, Lodi; Wanda L. Smith, Century 21 M&M and Associates, Tracy; Ronnie Thomlison, Prudential California Realty, Modesto

Kristie Moreno formerly of Excel Realtors now associated with Exit Realty Armell & Hertle, Modesto

Pamela Ibarra formerly of PMZ real estate is now associated with OHD, incorporated,

LeeAnn Flores formerly of Excel Realtors is now associated with Exit Realty Armell & Hertle, Modesto

Margaret Meza of Zip Realty, Inc. is now in with Freitas Investment, Inc., Stockton

John Schiesser of Great Valley Realty is now with Coldwell Banker/Vinson Chase; Modesto

William Schierer of Grupe Real Estate is now with Re/max Real Estate Center, Stockton

Edward Mahayag, formerly of Exit Realty Armell/Hertle, is now associated with Exit Realty Shankar and Associates.