INDUSTRY ANNOUNCEMENTS

SDAR PRESENTS LIVE COURSE ON CODE OF ETHICS FOR REAL ESTATE

The Greater San Diego Association of Realtors (SDAR) has scheduled a live classroom course for agents on the standards of ethical conduct in the practice of real estate, as well as the California Business and Professions Code that guides ethical business practices within California.

Attend the course on Wednesday, January 18, from 9:00 a.m. to 12:30 p.m. and receive 3.0 hours of continuing education (CE) credit upon course completion and passage of the exam. Past SDAR Broker of the Year Dan Hill leads required course at SDAR’S headquarters in Kearny Mesa.

Contact education@sdar.com for registration assistance. Find this and other SDAR courses being offered in-person and online at sdar.com/ education or call (858) 715-8000.

2-DAY ‘ESSENTIALS’ CONTRACT COURSE OFFERED BY SDAR

For new real estate agents or seasoned agents who a brush-up on contracts, the “Contract Essentials” class specially designed for you.

Join Professor Ed Estes, Esq., for a detailed-filled, two-day course of contracts and disclosures. The schedule is Wednesday, February 1, from 8:00 a.m. to 5:00 p.m., and Thursday, February 2, from 9:00 a.m. to 1:00 p.m. Day 1 looks at the RLA (Residential Listing Agreement), BRE (Buyers Representation Agreement) and RPA (Residential Purchase Agreement). Day 2 concentrates on current disclosures in California.

Hosted by the Greater San Diego Association of Realtors (SDAR), the course is held at SDAR’S Kearny Mesa headquarters. Free for SDAR Members; $99 for all others. Attend both days for certificate of completion.

Contact education@sdar.com for registration assistance. Find this and other SDAR courses being offered in-person and online at sdar.com/ education or call (858) 715-8000.

BECOME A NOTARY WHEN YOU TAKE AN SDAR COURSE IN THE NEW YEAR

The Greater San Diego Association of Realtors (SDAR) hosts the popular 6-hour live Notary Public Education Seminar on Tuesday, January 24.

Offered through Duane Gomer, an approved Notary Education Vendor with the California Secretary of State, the seminar is designed to prepare all new and renewing notaries to pass the State Exam on their first attempt.

The class cost is $99. Bring photo ID, a $40 check payable to “Secretary of State” and 2” x 2” color photo. Please arrive between 8:00 and 8:15 to check in.

Contact education@sdar.com for registration assistance. Find this and other SDAR courses being offered in-person and online at sdar.com/ education or call (858) 715-8000.

PSAR: OPPORTUNITIES FOR MINORITY BUYERS

The Pacific Southwest Association of Realtors (PSAR) reports opportunities are expanding for homebuyers from multi-cultural, minority communities of color and historically marginalized groups. Studies have shown the percentage of home loans for Black and Latino families are approximately 20 percent lower than other ethnic groups. According to Valerie Gardner, 2023 PSAR board member, “As home prices have skyrocketed and interest rates have climbed, many families believe that buying a house is out of reach.” Gardner added, “However, a variety of assistance programs are now available that make it possible to secure a down payment. We can bridge the difference between dreaming and actually becoming home buyers and make an accessible path to create generational wealth.”

PSAR: LOWER DEMAND DAMPENS THE MARKET

The Pacific Southwest Association of Realtors (PSAR) reports housing demand is continuing to fall as rising interest rates are dampening the housing market. In a blog post to members, PSAR said higher borrowing costs, lower demand and rising uncertainty are causing prices to moderate for the first time in more than a decade. In a report about the current housing market, Jordan Levine, VP and chief economist with the California Association of Realtors, said, “With mortgage rates rising at the fastest pace in years, sales and price growth will likely remain on a downward trend in the short term. However, pending sales suggest that the pace of declines should moderate in the coming months.”