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C.A.R. Issues Red Alert on AB 71

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UPDATE: ASSEMBLY DOES NOT APPROVE AB 71 DUE TO REALTOR OPPOSITION!   

This is a brief update on AB 71 (Chiu), a bill C.A.R. has been OPPOSING that eliminates the mortgage interest deduction on second homes. C.A.R. opposes any attempt to limit or alter the mortgage interest deduction.

In advance of a possible floor vote in the Assembly, C.A.R. issued a series of Red Alerts, asking REALTORS® in targeted legislative districts to call their Assembly Member to urge them to vote “NO” on the bill. Others were asked to help spread the word on social media. And Key Contacts – our first-line volunteers who work day-in, day-out with legislators with whom them have a personal relationship – worked to educate the legislators and their staff about the MID and the need to preserve it.

It worked! In just two days, over 1,600 calls were placed, over 400 Tweets were posted using our hashtag #NoAB71, and countless others posted on Facebook. And, in many cases, Key Contacts were able to confirm their legislator’s opposition to the bill.

AB 71 has been eligible to be voted on by the entire Assembly since Wednesday and last night the Assembly adjourned until next week without taking action on the bill, presumably because the bill did not have the support necessary to pass it. This is thanks almost entirely to all of the REALTORS®-- the only large political organization opposing AB 71 -- who called their legislators and still more, including local association staff, who helped spread the word.

Because AB 71 has an “urgency” clause, it can still be voted on any time before the end of session in early September. And we will be asking some of you to reinforce your legislator’s opposition to the bill by sending emails or posting to social media. C.A.R. may issue another Red Alert if it becomes necessary.

Thank you to everyone who took action on this bill so quickly. It really does take an army – a REALTOR® army!

Notice Regarding "Coming Soon" Signs on Listings

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"COMING SOON" signs appear to be popping up all over the valley and causing some confusion amongst fellow Realtors. To make the rules clear, below are the two MLS rules which speak to this topic. Whether a listing has a sign on the property with "Coming Soon" on it or does not have one, the listing must be inputted into the MLS within 2 days. Should there be some reason the Seller does not want the listing in the MLS a "Seller Instruction to Exclude Listing from the Multiple Listing Service" (SELM) form must be filed with CDAR. Should this form not be filed with CDAR within the same 2 day time period, a violation will be issued for Late Entry of Listing/No SELM on File. First violation is a warning. Second violation carries a $500 fine. Third violation carries a $1000 fine.

For Listings not entered in the MLS at all, with no SELM on file within the timeframe as noted in Section 7.5, a violation will be issued for Failure to Input a Required Listing/No SELM on File. First violation is a warning. Second violation carries a $600 fine. Third violation carries a $1800 fine.

For the exact MLS rules, please click the button below.

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Palm Springs Smoke Alarm Requirements Update

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PALM SPRINGS SMOKE ALARM REQUIREMENTS UPDATE

Effective January 1st, 2016, the California Health and Safety Code related to residential smoke alarm requirements in the city of Palm Springs will be changed. Smoke alarms will be now required inside all sleeping rooms in the city of Palm Springs regardless of the year of construction.

The Palm Springs Fire Department is allowing a three-month implementation period for this new regulation. While the enforcement of the requirement does not techincally go into effect until April 1st, 2016, any smoke alarms not present in sleeping rooms after that date will result in a failed inspection, so it is highly recommended that agents implement the new requirements immediately.

For the full requirements for this change, please click here or click the button below. 

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Pay Your Fees Online!

Click the button to pay online!

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A Guide to Buying and Selling a Home

REnews-laptop-mobile-phone-tabletLike finding the right house, selecting a REALTOR® you can trust and comfortably work with is paramount. Just as you wouldn't be casual in the selection of your doctor or your attorney, you shouldn't take the selection of your REALTOR® lightly. Indeed, the best way to find such a professional is through recommendations from family and friends. Of course, you should interview several REALTORS® before you choose one. If you're selling your home, you should ask the candidates how they plan to market your home, what pricing advice they can offer, and what other suggestions they can provide to further enhance the desirability of your home.

 In presenting a property to the market, remember that one of the most important cosmetic and warming elements of your home is its exterior landscape.   Consider it gift wrap. Whether you’re buying or selling your house, a REALTOR® member of the California Desert Association of REALTORS® can help you realize the American dream of home ownership.

With the utmost professionalism, a strict code of ethics and a passion for the business, members of the California Desert Association of REALTORS® use the latest technology to help you in a search for a new home or to sell your present home. Let members of the California Desert Association of REALTORS® use their know-how with the Multiple Listing Service to find the right house in the right community for you... or to find the right buyer.

Whether you're buying or selling, ask candidates about the transaction to evaluate their knowledge. Ask for--and check--references. And, finally, ask yourself whether you will feel comfortable working closely with this individual in the months ahead.

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