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BUSINESS
February 7, 2012 | By Jim Puzzanghera
The National Assn. of Realtors is the largest campaign contributor to members of Congress from California, according to a study released Tuesday that shows the nation as a sort of United States of Special Interests. The analysis by MapLight, a nonpartisan research organization focused on money's influence on politics, determined the top five campaign contributors to each state's congressional delegation. The realtors group contributed a total of $497,000 to California House members from July 2009 through last June and to the state's two senators from July 2005 through last June.
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NATIONAL
November 16, 2013 | By Mary Ellen Podmolik
No Coke. No fries. No desire to change things. The Billy Goat Tavern has been a Chicago landmark for generations and a fixture under North Michigan Avenue for almost 50 years. And its owner wants to remain there, regardless of whatever redevelopment goes on above it. Sam Sianis, who runs the tavern and is the nephew of the Billy Goat's original owner, William Sianis, said he knew nothing of potential plans for a massive redevelopment disclosed Monday that would involve replacing the Realtor Building, on property located above the Goat.
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BUSINESS
September 16, 2012 | By Lew Sichelman
WASHINGTON — The National Assn. of Realtors, a political heavyweight with a million-plus members, has embarked on two initiatives to ensure that when key votes are taken at all levels of government, the Realtors' point of view will be heard loud and clear. As part of a broader consumer outreach strategy, the Realtors group for the first time will engage consumers directly through emails and browser ads that introduce the association as their ally in homeownership. The group also has launched a novel political-campaign school to help elect members to office on the local, state and national levels.
BUSINESS
May 21, 2013 | By Lauren Beale
The thing about "vanity pricing" is … it does provide exposure. There's nothing quite like planting a for-sale sign at the top of the price spectrum to draw notice. With that in the mind, the nation's real estate attention span -- albeit fleeting -- is currently drawn to a Greenwich, Conn., mansion that tops Realtor.com at $190,000 million. For that, “you get your” (could not resist the sales speak) 50.5 acres, 13,519-square-foot Victorian mansion, 1898 building date, 12 bedrooms, nine bathrooms, 10 fireplaces, elevator, waterfront and bragging rights.
REAL ESTATE
May 16, 1999
Now the California Assn. of Realtors wants to define, in writing, the responsibility of realty agents during the home-buying process to reduce buyers' confusion ("New Forms Legally Bind Buyer, Broker," April 25). June Barlow, association vice president and general counsel, please explain to me the message your association is delivering to buyers in the advertising campaign bombarding the airwaves: "You have a life; we let you live it." This campaign has dismayed me from the first time I heard it. It is essentially telling a buyer that it is OK to abdicate all one's responsibilities during the process of purchasing a home, that the Realtor will take care of everything because "you have a life."
REAL ESTATE
October 13, 1985
Richard J. Rosenthal, owner of a Venice real etate firm bearing his name, has been elected 1986 President of the California Assn. of Realtors, succeeding Raymond D. Spinelli of Menlo Park. Other elected officers include Jack Paulson of Cupertino, president-elect; Dale Colby of Glendora, treasurer, and Donald Wiedmann of Los Angeles, executive vice president and state secretary. The election was held during the association's annual convention in Anaheim.
BUSINESS
November 4, 1986
Steve Raynor was elected 1987 president of the 7,800-member San Fernando Valley Board of Realtors, the largest local realtors board in California. A realtor for 26 years and a director of the board since 1980, Raynor will succeed Temmy Walker on Jan. 1. Raynor, who would not disclose his age, said he sold his firm, Raynor Realty, in 1981 and now represents clients privately from his Tarzana home.
REAL ESTATE
August 24, 1986
Don Campbell's article (Aug. 17) on realtors' risks stirred me up again. I'm less than a speck in the real estate dealings of the national company with which I had the misfortune to get mixed up, but I leaned over backwards to disclose everything about my house-to-sell, even to the ludicrous extent of telling about the dog next door that occasionally barked too much at night if left outside. The first thing my agent did, among other advantages taken over a naive seller, was stab me in the back by putting a seven-months-old list price on the house and try to push through an underpriced sale to another agent in her office.
BUSINESS
October 14, 2007
Regarding "Don't be afraid to sell home alone," Sept. 16: The headline on latimes.com was quite right when it said, "Selling a home without an agent comes with risks, rewards." In fact, I would go one step further and say that selling a home without a Realtor, even though you may have used a real estate agent, comes with risks. Zillow.com itself has stated that its service is not a substitute for the services offered by Realtors but is a tool to assist the real estate industry and the market.
REAL ESTATE
December 28, 1986
As a Real Estate Professional, I must protest your publication (Dec. 7) of two articles by David W. Myers. The first, "Good Agent Vital To Sale of Home" contained a paragraph near the end which stated, in part, "you've got one more chance to reduce the agent's commission" and quoted one Lawrence Krause, a financial planner from San Francisco: "That's a fair request in some circumstances, like if you need the extra money to get into your next...
BUSINESS
February 21, 2013 | By Alejandro Lazo
One measure of national home prices rose last month with a vigor not seen since the bubble days as the number of foreclosed homes and other distressed properties on the market shrank. The median sales price for previously owned U.S. homes rose 12.3% annually in January to $173,600, the National Assn. of Realtors said Thursday. It was the 11th consecutive month of annual increases and the strongest such gain since November 2005. In the West, the median price rose 26.6% over the year to hit $239,800 as sales fell.
BUSINESS
December 23, 2012 | By Lew Sichelman
In an effort to get the earliest reading possible on the housing market, economists at the National Assn. of Realtors are developing a national index that measures foot traffic, or visits to houses for sale. NAR already has an index for pending home sales, which measures signed contracts. It is a forward-looking indicator that is roughly 30 to 60 days ahead of another key market measurement, existing home sales. A sale is listed as pending when a contract has been signed but the transaction has yet to close.
BUSINESS
September 16, 2012 | By Lew Sichelman
WASHINGTON — The National Assn. of Realtors, a political heavyweight with a million-plus members, has embarked on two initiatives to ensure that when key votes are taken at all levels of government, the Realtors' point of view will be heard loud and clear. As part of a broader consumer outreach strategy, the Realtors group for the first time will engage consumers directly through emails and browser ads that introduce the association as their ally in homeownership. The group also has launched a novel political-campaign school to help elect members to office on the local, state and national levels.
BUSINESS
August 23, 2012 | By Tiffany Hsu, Los Angeles Times
Sales of existing homes are strengthening and prices continue to rise, stoking confidence in the housing market's recovery. Resales of single-family homes, town houses, condominiums and co-ops grew 2.3% in July from June to a seasonally adjusted annual rate of 4.47 million, according to the National Assn. of Realtors. The measure took an unexpected drop in June. Resales jumped 10.4% compared with the same month last year. Economists at the Realtors association believe that sales could reach an annual rate of 5 million next year.
CALIFORNIA | LOCAL
May 24, 2012 | By Phil Willon, Los Angeles Times
The battle for a San Bernardino County congressional seat has become a magnet for outside "super PAC" dollars. The June 5 primary election that pits Republican Rep. Gary G. Miller of Diamond Bar against Republican state Sen. Bob Dutton of Rancho Cucamonga has received close to $1 million in outside money, the most of any congressional race in the nation. By far, the greatest beneficiary has been Miller, who was elected to Congress in 1998 after making a fortune in home building.
BUSINESS
February 7, 2012 | By Jim Puzzanghera
The National Assn. of Realtors is the largest campaign contributor to members of Congress from California, according to a study released Tuesday that shows the nation as a sort of United States of Special Interests. The analysis by MapLight, a nonpartisan research organization focused on money's influence on politics, determined the top five campaign contributors to each state's congressional delegation. The realtors group contributed a total of $497,000 to California House members from July 2009 through last June and to the state's two senators from July 2005 through last June.
NEWS
May 13, 1986 | Associated Press
The National Assn. of Realtors today agreed to support a federal program using "testers" to visit home sales and rental agents to ensure they are not discriminating against minorities. As recently as May 2, the 700,000-member group testified against the proposal on Capitol Hill. Clark E. Wallace, the association president, said the change in stance was brought about by an agreement on guidelines with Housing and Urban Development Secretary Samuel R. Pierce Jr.
BUSINESS
December 22, 2010 | By Toluse Olorunnipa
When real estate agent Sarah Elles Boggs walks into one of downtown Miami's condo towers for a showing, she pulls out her Android smart phone, "checks in" on a GPS-powered Web platform called Foursquare, blasts her whereabouts on Twitter and leaves behind a location-based "tip" in the virtual world for the next visitor. It's a social-media routine that has become natural for Boggs, who has incorporated micro-blogging, Facebook-updating and app-downloading as core parts of her business.
BUSINESS
February 5, 2012 | By Lew Sichelman
When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves. But a good number of cases are brought by disgruntled buyers or sellers. To be fair, the vast majority of real estate deals go off without a hitch, or at least without problems that leave buyers or sellers feeling so wronged that they are willing to spend the time and money to take someone to court. If the latest edition of "Legal Scan" tells us anything, it is that a handful of agents and brokers and their clients either don't know the law or don't care to follow it. "Legal Scan" is a biennial research report by the National Assn.
BUSINESS
January 21, 2012 | By Alejandro Lazo, Los Angeles Times
Home sales rose nationally in December, marking the third consecutive month that the market has shown improvement. Previously owned homes were sold at a seasonally adjusted annual rate of 4.61 million units, up 5% from November and 3.6% from December 2010, the National Assn. of Realtors said Friday. "The market for single-family homes picked up in the second half of 2011, after being stuck near the bottom for nearly three years," Patrick Newport, an economist with IHS Global Insight, wrote in a note to clients.
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