Sunday, March 23, 2014

Realtors Will Remain Viable

Cohesiveness, Education, Wealth and Power

I know that Realtors will continue to thrive regardless of the many attempts by others working to "pimp" our products and services.  We bring to our communities and industry so many values. My friend Diana Bull has often stated and demonstrated " we give a 110 percent". 

Realtor members bring Cohesiveness, Education, Wealth and Power plus several other attributes to our industry which in turn benefits our clients.  There are unrelenting efforts to supplant our industry, improperly use our data for profit and other negative attempts to harm our clients and members on a daily basis. 

Our cohesiveness is best demonstrated by our common use and support of the California Regional Multiple Listing Service (CRMLS).  Data sharing allows us to represent our clients by offering to share compensation with fellow Realtors when they represent a qualified buyer with an offer acceptable to our seller.   We also support our Pacific West, California and National Association of Realtors.  We use standard forms and electronic lock boxes.  Economy of scale has seldom been better achieved.   Our work towards the common good has helped us move forward during many trying economies.

Opportunities for self improvement via education is truly a mainstay for our members.  Pacific West, CAR and NAR offer competitive pricing and an array of classes.  I must also mention the Certified Residential Specialist (CRS) educational offerings to the less than 3% of Realtors with this designation.  2014 CRS President Barbara DuDeck has published a list of classes for the year. There are education courses online and in the class rooms offered to our Realtor members.

Our support of the Realtor Action Fund (RAF) and other Realtor Party fundraising efforts brings collective wealth to our organization.  Our membership truly understands the value of contributing and many have given thousands above the $148.00 "cost of doing business" often mentioned at our CAR meetings.  We need these funds to help support our industry by electing and supporting those officials that understand our mission to protect private property.  Fighting harmful legislation is a full time and expensive job.  I am very proud to serve on the 2014 RAF committee chaired by Sharon Bowler and staffed by Lisa Edwards.  

Power is the ability to choose.  Many of us agree that you cannot negotiate from a position of weakness.   Power allows us to say "no" when the options on the table are harmful to our clients and/or membership.  An image showing the boxing gloves was well received by our members because we know that we must be prepared to fight for our clients and their right to enjoyment of their property.
Our Realtor members are also volunteers.  Realtors are involved in their communities and often play leadership roles in non profit, government and other organizations in addition to service on Pacific West, CAR and NAR committees.  2014 CAR President Kevin Brown encourages, understands, and promotes the benefits of our members involvement in our communities.

Realtors provide the gateway to homeownership and are the mainstay for protecting the rights of our clients and members.  We have the "nerve and sinew" to defend our organization and will continue to do so.

Michael Teer, Broker, CRS
Teer One Properties, Inc.
951-313-5168
www.miketeer.com

Thursday, March 13, 2014

MISTAKES THAT ATTORNEYS CAN MAKE


PROBATES: MISTAKES THAT ATTORNEYS CAN MAKE

01). NOTICE OF SALE WAS NOT PUBLISHED OR POSTED.

02). COUNSEL FAILED TO GIVE SPECIAL NOTICE, IF REQUESTED.

03). COUNSEL FAILED TO GIVE OTHER NOTICES REQUIRED BY LAW.

04). AMOUNT BID IS NOT AT LEAST 90 PERCENT OF THE COURT APPRAISED (PROBATE REFEREE) VALUE OF THE REAL PROPERTY.

05). REAL PROPERTY HAS NOT BEEN APPRAISED WITHIN ONE YEAR OF SALE.

06). INVENTORY AND APPRAISAL ARE NOT ON FILE.

07). COUNSEL FAILED TO OBSERVE LOCAL COURT RULES ON BROKER’S COMMISSIONS ON EXCLUSIVE LISTING CONTRACTS.

08). COUNSEL FAILED TO OBSERVE LOCAL COURT RULES REGARDING DEPOSITS.

09). COUNSEL FAILED TO INDICATE AMOUNT BY WHICH BOND SHOULD BE INCREASED.

10). COUNSEL FAILED TO COMPUTE THE AMOUNT OF FIRST OVERBID.

11). COUNSEL FAILED TO STATE TERMS OF SALE.

12). COUNSEL FAILED TO USE JUDICIAL COUNCIL FORMS.

13). COUNSEL FAILED TO SET PETITION FOR CONFIRMATION OF SALE WITHIN 30 DAYS OF DATE OF SALE.

14). INADEQUATE EFFORTS WERE MADE TO EXPOSE PROPERTY TO THE MARKET. *****

15). COUNSEL FAILED TO APPEAR AT THE CONFIRMATION HEARING IF REQUIRED BY LOCAL COURT RULES.

16). COUNSEL FAILED TO CONFORM NOTICE OF SALE OF REAL PROPERTY TO ACTUAL TERMS OF ON BID RETURNED TO COURT.

17). COUNSEL FAILED TO PUBLISH NOTICE OF INTENTION TO SELL REAL PROPERTY, IF REQUIRED.

18). COUNSEL FAILED TO USE CURRENT JUDICIAL COUNCIL FORMS FOR SALES.

19). COUNSEL FAILED TO STATE TERMS OF PERSONAL PROPERTY SOLD AS A UNIT.

20). COUNSEL FAILED TO ATTACH LEGAL DESCRIPTION OF THE REAL PROPERTY TO THE ORDER CONFIMING SALE.

PLEASE NOTE: THESE ARE JUST A FEW EXAMPLES OF THE MANY COMMON MISTAKES MADE BY COUNSEL THAT MAY SERIOUSLY DELAY CONFIRMATION OF THE SALE. THIS LIST WAS AMENDED BUT IS BASED ON ITEMS PROVIDED TO CALIFORNIA PROBATE SPECIALIST (CPS) BY COURSE INSTRUCTOR JOE C. RAMOS.  THIS DOES NOT REPRESENT ALL THE OTHER POSSIBLE ISSUES THAT MAY OCCUR BUT SHOULD ASSIST ALL TOWARDS MANAGING THE FILE(S).

*****MICHAEL TEER, BROKER, CALIFORNIA PROBATE SPECIALIST  – ProbateSoCal@gmail.com - HAS OVER 30 YEARS REAL ESTATE SALES EXPERIENCE WORKING WITH PROBATE, CONSERVATORSHIP AND OTHER (STANDARD, SHORT SALES, REO) REAL ESTATE TRANSACTIONS. PLEASE CONSIDER TEER ONE PROPERTIES, INC. 951-313-5168 WWW.MIKETEER.COM FOR ALL YOUR REAL ESTATE NEEDS. OUR LISTINGS ARE PUBLISHED IN THE CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE (CRMLS) AND SOCIAL MEDIA.

MCT-03/09/2014