CHIKA SUNQUIST, DRE COMMISSIONER Chika Araki Sunquist was appointed Real Estate Commissioner for the State of California by Governor Gavin Newsom on November 28, 2023. Her first day of office was January 3, 2024. She succeeded Doug McCauley whose final day was December 29, 2023. Commissioner McCauley had earlier succeeded Wayne Bell. The question for […]
The mechanics and techniques of the real estate industry are always changing. If a person lives in the past, their methods of doing business could be outdated. In the past years many new words have gained a place in our real estate vocabulary: franchises, syndications, listing forms, continuing education, Wellenkamp and de la Cuesta, condo […]
It is a quiet Friday morning so I thought that I would debunk some of the myths and rumors about the NAR Settlement. By now, most of you know these facts. Just in case you missed some claims by the not-knowing writers in national publications I present these myths. I am not an attorney but […]
The Real Estate Salesperson They stood before the Pearly Gates, Their faces were scarred and old. They stood before the man of fate, For admission to the fold. What have you done? St Peter asked, To gain admission here? We’ve been real estate agents, sir, For many and many a year. The Pearly Gates swung open […]
Embezzling or theft by a manager or employer is a topic most owners never consider. But many owners are losing money right now and don’t know it. It can happen in the best of buildings and in the best of management situations. If a manager wants to take money it can be done. In my […]
FACT NUMBER ONE: Gov Hutchinson, the beloved CAR Attorney and Roving Story Teller, had some interesting information at the Orange County Association of Realtor yearly meeting. Due to the settlement around July new NAR rules will require that Realtors must get a Buyers Agents Contract signed before showing any homes. And possible commissions must be discussed. […]
#1. WE ARE A CALIFORNIA SPECIFIC EDUCATION COMPANY: Why is that good for you? Many companies offer courses all over the United States and are not well versed in the nuances of getting licensed in California. You can be assured our staff, instructors, and authors know the confusing regulations of California well, and we provide proper and […]
Governor Gavin Newsom has appointed Chika Sunquist, Department of Real Estate Commissioner. Duane Gomer Education commends this appointment after working with her when she was in charge of Mortgage Loan Originator matters at DRE. Currently, she is Assistant Commissioner of Enforcement. She has been at DRE since 2006 and worked in many different important roles. […]
The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. This month, we’re covering: the rising Federal Funds rate, which is directly causing adjustable rate mortgage (ARM) rates to jump in 2023; rates on mortgage insurance from private insurers contrasted with the FHA, making mortgage borrowing even more expensive for homebuyers […]
The online dictionary definition states, “The joy derived from the misfortunes of others”. Have you ever felt a little pleasure when some athletic team loses? An election loss by someone you do not respect? Etc. Etc. One example from my past involves the Boston Celtics and Red Auerbach, their long time very successful coach. They made […]
