CAR Legal Update

DUAL AGENCY New Case Holds Different Salespersons Under the Same Broker Are Dual Agents    It is well established that a dual agent owes a fiduciary duty to both the buyer and the seller. This case ruled that when a buyer and seller are working with different...

CAR Market Matters

Talking Points … California’s housing market continued to perform better than expected in April with both the median home price and home sales increasing month to month, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Sales in April increased 7.4...

Summer MLS Reminders

As our busy summer season approaches, the Board wanted to put out a few helpful reminders. When showing property, please leave the property the way you found it. If it was locked, be sure to lock it. If the lights were off, be sure to turn them off, etc. Also, please...

CAR Market Matters

Talking Points … There was decreased housing affordability in all regions of the state during the first quarter of 2014, according to the CALIFORNIA ASSOCIATION OF REALTORS®. The state’s housing affordability has dropped 23 percent since its peak in the first quarter...