2011 was a busy year for Sterling Properties at the industry level, as Michael Humphrey and Staci Caplan continued their service both locally and at the state level. Staci had the privilege of serving on CAR’s Executive Committee at the invitation of past-President Beth Pierce. It was quite an honor and a wonderful learning experience, as it is the committee which reviews all final motions from all of the CAR committees.
Additionally, we got to meet with our representatives in Sacramento and speak to them on real estate-related issues like private property rights, preserving the mortgage interest deduction, and extending loan limits in our area. This experience gave us the privilege and responsibility to represent our region to support or lobby against legislation on behalf of REALTORS and the interests of our clients. This year Staci will serve again on the Land Use & Environmental Committee, on Legislative, and on the Standard Forms Advisory. Michael served on the Legislative Committee, the Housing Committee, and on the Transaction & Regulatory Committee. Michael will continue in 2012 on Legislative and Transaction & Regulatory Committees.
At the recent January conference of the California Association of REALTORS (CAR) in Indian Wells, at the luxurious Esmerelda Resort, Staci served on the Standard Forms Advisory Committee and was part of a team that is making changes to the Short Sale Addendum which we believe will streamline the process. The changes would allow for only one offer to be submitted at a time to the short sale lender, with remaining offers to be in first backup position as with regular sales. New forms on the horizon (scheduled to be released in April) include the Office Management Agreement, Carbon Monoxide Detector Notice, and a Parking and Storage Disclosure. We also revised the Contingency for Sale or Purchase of another Property and Septic Well Inspection, and Property Monument and Allocation of Cost Addendum forms.
Locally, at the Santa Barbara Association of REALTORS, Staci served on the Government Relations Committee and got to work on things such as making zoning reports optional for condos and interviewing candidates running for city council to find out where they stood on real estate related issues and private property rights. She also served as a member of the Board of Directors, and will be continuing in her fourth year in 2012.
We love this work and are proud to serve!