Tahoe Sierra Board of REALTORS®

Serving the North Tahoe and Truckee region since 1957

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Market Reports

Up-to-date market reports covering North Lake Tahoe, Truckee and Sierra County.

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WMRA

Composed of Boards of REALTORS® in Mountain West destination ski resorts.

Tahoe Sierra Board of REALTORS®

Vision Statement

To provide trusted leadership by promoting the highest level of professionalism and ethics among our members ensuring their respect and success within the community.

Mission Statement

The Tahoe Sierra Board of REALTORS® enhances the ability of its’ Members to practice their profession ethically and effectively through communication, training and accountability.

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Recent News

Monthly Message from C.A.R. President Chris Kutzkey

Dear CAR Member, Over the past few months, I’ve informed you of the Consumer Finance Protection Bureau’s (CFPB) Know Before You Owe or TILA-RESPA integrated disclosure rule. CFPB has issued a final rule, making the effective date Saturday, Oct. 3, 2015. While the CFPB declined to include a “hold harmless” or “safe harbor” period, as requested by many in the real estate industry, it did reaffirm that its oversight of the new rule will be sensitive to those making good faith efforts to comply. The Good Faith Estimate (GFE), the HUD-1, and the Truth-in-Lending Act (TILA) disclosures will be replaced in most transactions by two new forms – the Loan Estimate and the Closing Disclosure. The Loan Estimate will be provided when the borrower applies for a loan. It replaces the GFE and the initial TILA disclosures. The Closing Disclosure will be issued toward the end of a transaction. It replaces the HUD-1 and final TILA disclosures. Be sure to review C.A.R.’s Legal  Q&A “Loan Estimate and Closing Disclosure Forms” and visit C.A.R.’s Finance Helpline site for additional RESPA-TILA resources, including a recording of C.A.R.’s Back to Basics webinar, which covers what to expect from the new TILA-RESPA Integrated Disclosures (TRID). While the legislative year is not over, C.A.R. has already scored wins in Sacramento. Gov. Brown has signed into law three C.A.R.-sponsored bills: AB 345 (Frazier), AB 607 (Dodd), and SB 146 (Galgiani). AB 345 earmarks three hours of a real estate broker’s existing, mandated continuing education for a course on the management and supervision of real estate licensed activity. AB 345 is effective Jan. 1, 2016. AB 607 codifies... read more

NAR Call to Action: Stop Patent Trolls

NAR has been emailing members over the last several weeks asking that they contact your member of Congress to stop frivolous lawsuits against the real estate industry.  Here’s why: A little over a year ago, J.B. Goodwin, a Texas broker/owner who has been in business for over 40 years, received a letter in the mail.  It was a legal summons. Why? His company and other businesses were being sued in federal court. Like most REALTORS®, he had a search feature on his website to help people find properties.  Surprisingly, it turns out that providing a service allowing users to search for property online is patented – not by the inventor of the technology, but by someone claiming to own the rights to it. What happened to J.B. is not unique. The company that sued him is known as a “patent troll.” Patent trolls exist solely to purchase patents and to use the threat of expensive lawsuits to extort money from legitimate businesses. Their goal is to get you to settle and write them a big check. In J.B.’s case, he spent nearly 18 months battling this patent troll and there wasn’t one defendant who didn’t spend at least $75,000 – some spent over a million – to win their lawsuit. J.B. didn’t back down and neither will we. We’re taking this fight from the courtroom directly to Congress, so no other REALTORS get a letter like J.B.  We need you to contact your Member of Congress today and ask them to supports H.R. 9 – The Innovation Act to close loopholes in our legal system to stop patent trolls and protect the real estate industry. Please share this... read more