Multi-Cultural Real Estate Summit event program

Bay Area Multi-Cultural Real Estate Summit Friday, September 26, 2008 Crowne Plaza Hotel in Union City, CA

One Industry Uniting Many Cultures

Helping To Make Homeownership Possible For More Families In today’s real estate market, you can feel confident knowing Wells Fargo Home Mortgage has the strength and stability of a well-established lender. With our value-added programs and services, including FHA home financing, you can help make your homebuyers’ goals a reality.

Wells Fargo Home Mortgage is one of the nation's leading FHA/VA lenders. FHA loans provide flexible credit guidelines, low down payment options and a choice of either fixed or adjustable rate programs.

Learn more on how we can join forces to create more homeownership opportunities. Contact your local Wells Fargo Home Mortgage representative today!

Wells Fargo Home Mortgage continues our longstanding support of and commitment to the NAHREP, AREAA and NAREB organizations, its members and its mission.

Government Loan Financing Workshop Presented by Dennis Geist of Wells Fargo Home Mortgage at the 2008 BAMCRES Date: September 26th, 2008 • Time: 1:30-2:30 p.m You won’t want to miss this opportunity to learn more about government loans and recently passed legislation that may dramatically change the way you look at FHA financing. Topics of discussion include: • Overcoming the myths of FHA programs • Recent government loan legislative changes • Opportunities leveraging assumable financing and down payment assistant programs that may help increase your buyer pool • And more!

See you at the workshop!

1. Based on first quarter 2008 statistics by Inside Mortgage finance 6/6/08. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2008 Wells Fargo Bank, N.A. All rights reserved. #60533 9/08-12/08

Welcome Dear Friends: On behalf of each Organizing Association, I want to welcome you to the 2nd Annual Bay Area Multi-Cultural Real Estate Summit. We are pleased to continue this tradition of celebrating our industry’s commitment to diversity, and appreciate your participation in making the day’s events a success.

The San Francisco Bay Area is comprised of communities rich in cultural and ethnic diversity. The Bay Area’s multi-cultural communities are an integral part of the region’s continued growth and prosperity. As real estate professionals, it is our duty to contribute to this success by ensuring each and every individual has the opportunity to achieve the American Dream of homeownership, as a way to ensure financial security for their families and the continued stability of their communities.

The purpose of this summit is to provide each of you with the tools you will need to best serve your diverse client base. Today, you will have the opportunity to participate in a number of educational seminars to strengthen your skills, and network with your colleagues. I encourage each of you to take what you learn, the contacts you make, and share with your coworkers and clients. Information sharing is the key to our continued success as an industry. It is with that goal in mind, that we thank you for attending the Summit this year, and we look forward to seeing you at the next.

Sincerely, Dexter Lat, Chair 2008 Bay Area Multi-Cultural Real Estate Summit

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as a catalyst of thriving communities, the San Mateo County Association of REALTORS® is proud to be an organizing association of the 2nd Bay Area Multi-Cultural Real Estate Summit.

SAMCAR embraces people from all cultures & their goal to achieve the American dream of homeownership.

To find a REALTOR®, visit www.samcar.org 850 Woodside Way, San Mateo, California 94401

(650) 696-8200 phone

(650) 342-7509 fax

www.samcar.org

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WHB Corporation is a Real Estate Services Organization. WHB Corporation does not engage in Realtor, Mortgage Broker, Attorney, Tax Advisory, or other professional advice. If you need the advice in these areas, please consult with a licensed professional.

Steering Committee

Members of the Steering Committee, responsible for making this event happen are:

Dexter Lat Mary Canavan Jorge Carcamo Fanny Chu Michon Coleman Nini De La Fuente Wai-Yew Lam Karl Lee Patricia Lindo Rose Meily Mae Perez Yogendra Singh Caridad Stuart Toni Wilson Pablo Wong

Exhibitor Booths Lobby

Wells FargoP Bank of AmericaG Property IDG 1. Farmers Insurance 2. First American Title 3. Re/MAX International 4. ACE Capital 5. Summerhill Homes

Exhibit Hall

1. WHBS 2. Chicago Title 3. Castle Rock Inspection Services 4. Technology Credit Union 5. CCIPS 6. CalFHA 7. Magnificent Gifts & MFinity Wines 8. AAA Insurance 9. Speaker Info table 10. Organizing Associations a. SAREAA b. Bay East AOR c. SAMCAR

Silver Sponsor Gold Sponsor P Platinum Sponsor S

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schedule

Morning Program 9:00 a.m. – 10:00 a.m.

Registration 9:30 a.m. – 11:30 a.m.

Transnational Referral Certification Workshop Instructor: Fanny Chu (TRC Designation Certificate available for $99 otherwise FREE.)

10:00 a.m. – 11:30 a.m.

Breakout Sessions 1. Building Wealth with Commercial Real Estate Speaker: Richard Lombardi, President CCIPS Institute

2. Natural Hazards Disclosures Legal Forum

Speaker: Mailana Mavromatis, legal Counsel Property ID

3. Marketing Your Services in today’s Real Estate Market.

Speaker: Scott Thompson

4. Alternative Financing for Multicultural Markets (Panel) Moderator: David C. Stark, Public Affairs Director, Bay East Association of REALTORS® • Dennis Geist, Wells Fargo • Yvonne Batterton, Bank of America • Hector Arteaga, Independent • Leah Pears, CalHFA

11:30 a.m. – 11:45 a.m.

Break Refreshments hosted by Bankers Exchange

schedule

Afternoon Program 11:45 a.m. – 1:15 p.m.

Lunch & Keynote Speakers Jeff Davi, Commissioner, California Department of Real Estate Rebecca Gallardo, Chairman, National Association of Hispanic Real Estate Professionals

1:30 p.m. – 2:30 p.m.

Breakout Sessions 1. FHA, The Missing Link to Selling More Homes Speaker: Dennis Geist, Wells Fargo, national FHA Expert.

2. Using Technology to Improve productivity

Speaker: Larnett Eckles, Technology Manager, Bay East AOR

3. 1031 Exchange Update seminar

Speaker: Lloyd Kendall Jr, Tax Attorney

4. Working with Multicultural Clients Speaker: Carole Rodoni

5. Legal Aspects of International Real Estate Speaker: Philip Hodgen

2:30 p.m. – 4:00 p.m.

General Session-Panel Discussions Multicultural Top Producers Panel Moderator: Steve Goddard, CAR President Elect 2009 • Tammy Yau, Pleasanton • Orlando Bojorquez, Daly City • Nadr Essabhoy, Palo Alto • Miguel Velazco, Fremont

3:30 p.m. – 5:00 p.m.

Networking Reception, No Host Bar

Classes & Speakers

Transnational Referral Certification (TRC)

This course prepares real estate professionals to make and receive compensated referrals using the transnational referral system developed by the International Consortium of Real Estate Associations—ICREA. Students will learn how to integrate international referrals, resulting in increased income, into their business plans. Part one focuses on the skills needed for making or receiving referrals. Part two focuses on the procedures involved in using the Transnational Referral System developed by the ICREA. Fanny Chu, CIPS, SRES, is NAR Faculty for CIPS (Certified International Property Specialist). She is NAR, CAR, SFAR member, CREAA (Chinese Real Estate Association of America) Past President, AREAA Founding Board member. NAR President’s Liaison to China (2002-06). She has served on NAR International Operation, CIPS Advisory, 1st BAMCRES Steering & other committees. Fanny is also a columnist, speaker, trainer, co-anchor and frequent guest speakers for Chinese media. Partnered with Joseph Chu, the Chu-Chu Team has been serving the San Francisco Bay Area in Residential, Investment, Relocation, 1031 Exchanges and International Real Estate.

MORNING CLASSES Building Wealth with Commercial Real Estate

Tired Of Passing Potential Investment Clients To Other Agents & Brokers? Want To Offer Your Residential ClientsMore Investment Opportunities? This workshop will lay out what you need to know and show you how to use the most powerful listing tool available and give you one free. In addition, you will hear the four economic benefits of Investment/Commercial property ownership and how to effectively use them in your client presentations.

Richard Lombardi is founder President of CCIPS Institute, a school he founded to assist Realtors in becoming more knowledgeable and professional about small to medium size investment properties. Richard has a lifetime teaching credential for Real Estate, Banking and Financial Management. He has been active in the Investment Real Estate world for over 30 years and has authored and taught Investment Real Estate classes for UCLA, Cal State Fullerton, California Association of Realtors. He has developed a number of software programs for agents to use. He has been Past President of the Orange County Commercial Association of Realtors and won a state award from C.A.R “Exchange Of The Year Award” for successfully completing a 12-legged exchange.

Natural Hazards Disclosure Legal Forum / with 2 DRE credits

Attorney Mailana Mavromatis will discuss the legal aspects of Federal, State, & Local natural hazard disclosure.

Hear about legal cases: Easton v. Strassburger, Vail v. Edmonds and Manderville v. PCG&S Group. Learn about faults and liquefaction. There will be a Q&A followed by a test for those who wish to receive 2 DRE credits.

Mailana Mavromatis has been practicing land use law since 1998 and is Legal Counsel for Property I.D. She’s on the Board of Directors for the Real Estate Section of the Contra Costa County Bar Association, and teaches a continuing education real estate law class for REALTORS®.

Classes & Speakers

MORNING CLASSES (continued...)

Alternatives Financing for Multi-Cultural Markets

A panel discussion with industry experts will provide timely information on financing alternatives to help your serve your multi-cultural clients. David C. Stark, Bay East Public Affairs Director, will moderate the panel. Panelists include: Dennis Geist, Wells Fargo Yvonne Batterton, Bank of America Hector Arteaga, Independent Leah Pears, CalHFA

Marketing your Services in Today’s Real Estate Market

This class will help you market your services by reaching out to homeowners dealing with mortgage delinquency issues. Learn how to handle requests for assistance from homeowners with mortgage trouble. Seize the opportunity with buyers and Short Sales properties.

Scott Thompson has been a Broker in the state of California for 20 years. He is the Broker/Owner of a two office residential brokerage in the Sacramento Region for 17 years that closed 500 to 700 transactions per year. He is the founder of Mortgage Resolution Services, Inc - purchased by Fidelity National Financial (FNF) in April of 2008. Scott has personally closed several hundred Short Sales between 1991 and 2008. His experience both as a broker and Short Sale professional provides him with a unique view of how to combine the need of the broker or agent to manage risk issues with the absolute needs of the homeowner to achieve a final and global settlement of a debt that was never appropriate for them. He strongly advocates the rights of borrowers who are saddled with mortgage obligations that were NEVER appropriate for them.

AFTERNOON CLASSES

Classes & Speakers

FHA The Missing Link to Selling More Homes

Learn about government loans and recently passed legislation that may dramatically change the way you look at FHA financing. Discuss overcoming the myths of FHA programs. Hear about the recent government loan legislative changes. Discover opportunities for leveraging assumable financing and down payment assistance programs that may help increase your buyer pool. Plus much more.

Dennis Geist is vice president of government programs for Wells Fargo Home Mortgage. Dennis oversees the development of nationwide government lending production, market analysis and legislative and industry issues affecting FHA, VA and Emerging Markets products. He provides recommendations to strategic partners, sales, credit policy, fulfillment and, governmental agencies to manage the national growth of Wells Fargo Home Mortgage government market share. Dennis joined Wells Fargo in 2003. Prior to joining Wells Fargo, Dennis held the position of First Vice President, National Product Support for Washington Mutual. He also worked as a National Sales Manager for Home Savings of America and Regional Sales Manager for Bank of America.

Dennis lives in Southern California and has over 27 years of Real Estate lending experience.

Using Technology to Improve Productivity & Reach your Market

Join Bay East Association’s Larnett Eckles, Technology & Training Manager and Sam Roy, Systems Support Manager, to learn tips and tricks to become more productive with software you probably already own. Hear about the latest technology to help you become more efficient.

Discover free online products that will save you time and money. You will walk away from this class with a whole new bucket of tools.

Larnett Eckles oversees the development and delivery of technology training classes provided through the Bay East Association of REALTORS®.. Her passion is training! Larnett regularly conducts hands-on technology classes in the Association’s state-of-the-art computer training lab. Larnett has over 20 years of training experience on MLS systems, computers, and software applications.

Sam Roy manages the Bay East System Support Center. He has 10 years of system support service, having previously worked for MLS provider FNIS.

Classes & Speakers

1031 Exchange Update

Tax Attorney Lloyd W. Kendall, Jr. will provide an overview of 1031 exchange. When you complete the course, you will have an understanding of how to beat the 45 day ID clock, the different types of exchanges: Delayed, Construction, Reverse, Business and Personal and how to sell your Primary residence and qualify for tax credit of up to $500K AND for a 1031 exchange!

Attendees will learn how they can help investors complete a 1031 exchange to generate up to 3 real estate commissions in one transaction, how to convert your Primary Residence property in to an Investment Property and how to convert your Investment Property in to your Primary Residence – new law!

Lloyd Kendall Jr. Tax Attorney Lloyd W. Kendall, Jr. is a tax attorney and a former Internal Revenue Service employee, he has been involved in structuring and implementing in excess of 30,000 I.R.C. §1031 like-kind exchanges since 1979, producing tax savings for his clients estimated to be in excess of two billion dollars. Mr. Kendall is an expert in exchanges involving complex issues and multiple properties, and makes himself available to anyone with a need or desire to plan an exchange.

Working with Multicultural Clients

Hear who are multicultural clients and how they buy.

Learn how to reach them and how much of your future business will be with multicultural clients.

Carole Rodoni has been President of Fox & Carskadon Residential Real Estate, Chief Operations Officer of Cornish and Carey Residential Real Estate as well as President and COO of Alain Pinel Realtors. Currently Carole is President of her own company, Bamboo Consulting. Carole is a guest columnist for several publications including the Wall Street Journal.

AFTERNOON CLASSES (continued...)

Legal Aspects of Foreign Investments

What do you do when you have a real estate transaction with a foreign buyer or seller? What are the tax and legal hoops that person has to jump through? Phil will tell you what he knows about these transactions − how they differ from “normal” transactions, and what the foreign buyer or seller is thinking about − or should be. This information will help you look smart and close the deal on schedule.

Phil Hodgens has a Master of Laws degree with a specialty in taxation from the University of San Diego School of Law. He spent six years of his youth in Rhodesia, South Africa, and New Zealand. He knows what it is like to arrive in a new land where everyone and everything is unfamiliar. He knows what it is like to find a friendly face in a faraway place. Now he is that face. Stir in a penchant for dense blocks of tiny-print tax regulations, and you have a recipe for an international tax lawyer. Phil is a past Chair of the International Tax Committee of the State Bar of California’s Tax Section. Phil is a frequent speaker on a variety of international tax, trust, and estate topics to attorneys, accountants, real estate professionals, and other groups.

Kelly Hamilton

Monica Rogers

Executive Sales Associate

Executive Sales Associate

Cell: 415.889.0181 Office: 800.626.0106 Fax: 925.256.0169 khamilton@propertyid.com

Disclose with Confidence

Cell: 510.772.0407 Office: 800.626.0106 Fax: 925.256.0169 mrogers@propertyid.com

Christina Helman

Babs Doyle

Andrei Bargaoanu

Regional Vice-President

Executive Sales Associate

Regional Sales Director

Cell: 916.826.6745 Office: 800.626.0106 Fax: 916.444.7143

Cell: 408.210.0906 Office: 800.626.0106 Fax: 925.256.0169

Cell: 415.559.0985 Office: 800.626.0106 Fax: 925.256.0169

chelman@propertyid.com

bdoyle@propertyid.com

abargaoanu@propertyid.com

www.Proper t yID.com

Organizing Associations

2008 Bay Area Multi-Cultural Real Estate Summit Organizing Associations 1. Asian Real Estate Association – East Bay 2. Bay East Association of REALTORS® 3. Berkeley Association of REALTORS® 4. CALIFORNIA ASSOCIATION OF REALTORS® 5. Chinese-American Real Estate Association 6. Chinese Real Estate Association of America, Inc 7. Contra Costa Association of REALTORS® 8. Filipino American Real Estate Professional Association 9. National Association of Hispanic Real Estate Professionals–San Francisco 10. National Association of Hispanic Real Estate Professionals–Silicon Valley 11. National Association of Hispanic Real Estate Professionals–Alameda County 12. San Francisco Association of REALTORS® 13. San Mateo County Association of REALTORS® 14. Santa Clara County Association of REALTORS® 15. Silicon Valley Association of REALTORS® 16. South Asian Real Estate Association of America 17. Fidelity National Financial

Supported by NATIONAL ASSOCIATION OF REALTORS®