Winter 2013

SAN GABRIEL VALLEY CONNECTION A PUBLICATION FOR MEMBERS OF THE WEST SAN GABRIEL VALLEY ASSOCIATION OF REALTORS®

WINTER 2013

WSGVAR Wins 2013 NAR Ambassador Association of the Year Page 9

Global Real Estate Five global hotspots Page 10

WSGVAR Hosts Inbound Trade Mission WSGVAR hosted an inbound trade mission with delegates from Taiwan Page 11

Commercial: International Business Foreign investment in U.S. commercial properties Page 13

1039 E. Valley Blvd. 205B, San Gabriel, CA 91776. Office: (626) 288-6212. Fax: (626) 288-7658. Email: info@wsgvar.com Web: http://www.wsgvar.com/

San Gabriel Valley Connec on OFFICERS

Volume 1, Issue 3 WINTER 2013

LEE LIEBERG

Inside this issue:

President

MEL WONG President‐Elect

1039 E. Valley Blvd, #205B San Gabriel, CA 91776 Office: (626) 288‐6212 | Fax: (626) 288‐7658

Monday‐Wednesday and Friday: 9AM ‐ 5PM & Thursday: 8AM ‐ 5PM

www.wsgvar.com | info@wsgvar.com

TOM BERGE, JR

KEVIN KWAN Treasurer

DIRECTORS THOMAS O. BERGE

BRIAN CHEN

LING CHOW

LORRAINE CLARK

SUZI DUNKEL‐SOTO

NANCY LIN

CECELIA "CYL" RUDAR

GIUSEPPE VENEZIANO

VINCE VENEZIANO LARRY YANG

Page 2

Dodger Night

4

Monterey Park Point of Sale Inspection Victory

5

C.A.R. Expo

6

WSGVAR Market Statistics 7 WSGVAR Associa on Staff Albert Tran Execu ve Officer albert@wsgvar.com Barbara Yelinek Office Manager barbaray@wsgvar.com Susan Krogstad Membership/Supra susan@wsgvar.com Lanie Kwok Customer Service Representa ve lanie@wsgvar.com Jamie Nomura Technology Coordinator jamie@wsgvar.com Karen Snow Bookkeeper karen@wsgvar.com Lauren Palfrey Communica ons Coordinator lauren@wsgvar.com David Liu Educa on/Events Coordinator david@wsgvar.com

IMMEDIATE PAST PRESIDENT YIN BIHR

3

Broker/Owner Session– A 5 Risk Management Panel Discussion

Vice President

MARGARET SHIEH Secretary

President’s Message

Editor‐in‐Chief, San Gabriel Valley Connec on Lauren Palfrey, lauren@wsgvar.com

Happy Holidays and Happy New Year!

Halloween

8

NAR Expo

9

Five Global Hotspots

10

WSGVAR Hosts Taiwan Delegates

11

Global Business Council’s Cultural Night and Karaoke

12

Commercial Real Estate– International Business

13

YPN Bowling Night

14

Past Presidents and Honorees Luncheons

15

Affiliate Appreciation Luncheon

16

Charity & Scholarship

17

91st Annual Installation Dinner– Ohana Ho’olaule’a

1819

Holiday Wishes

20

December 2013 | San Gabriel Valley Connec on

President’s Message - December 2013 Happy Holidays!

I want to thank you for a fantas c year and for the honor of serving as your 2013 West San Gabriel Valley Associa on of REALTORS® President.

Please join me in welcoming our 2014 President, Mel Wong, and our 2014 Board of Directors.

Lee Lieberg 2013 WSGVAR President

Officers:

Directors:

Mel Wong, President Tom Berge, Jr., President‐Elect Kevin Kwan, Vice President Yin Bihr, Treasurer Suzi Dunkel‐Soto, Secretary Lee Lieberg, Immediate Past President

Tom Berge, Sr., Director Brian Chen, Director Ling Chow, Director Lorraine Clark, Director Gigi Lee, Director Helen Marston, Director Cecelia “Cyl” Rudar, Director Giuseppe “Joe” Veneziano Stephen Walker, Director Larry Yang, Director

As the year comes to a close, we look forward to the New Year and new changes. We will be inves ng in upgrades to our WSGVAR office and our Chapman investment property in this and in the coming year. We are excited to see the improvements and benefits they will bring to our members and the Associa on.

I want to take a look back and highlight our major accomplishments and events from 2013. It has been a very successful and even ul year. 

WSGVAR won NAR’s 2013 Ambassador Associa on of the Year Award (See page 9 for more informa on)

      

NAR Designa on and Cer fica on Courses including: Cer fied Interna onal Property Specialist (CIPS), Resort Second Home Property Specialist (RSPS), CCIM Intro: Introduc on to Commercial Investment Real Estate Analysis, Military Reloca on Professional (MRP) and Managing Single Family Homes and Small Investment Proper es Lunch & Learn Series Classes YPN Top Producer Panel YPN Game Night Scholarship Awards presented to 15 high school seniors Launched the San Gabriel Valley Connec on Online Digital Newsle er zipForm® Mobile became a new, free member benefit Global Business Council held Interna onal Night

         

Commercial Summit WSGVAR Golf Tournament Broker/Owner Risk Management Panel Discussion WSGVAR Dodger Night (See page 4 for details) Monterey Park Point‐of‐Sale Inspec on Victory (See page 5 for details) Awarded NAR 2013 Ambassador Associa on of the Year (See page 9 for details) Hosted an inbound trade mission with delegates from Taiwan (See page 11 for details) Charity/Scholarship Auc ons (See page 17 for details) Global Business Council’s Cultural Night and Karaoke (See page 12 for details) Installa on of 2014 President, Mel Wong, and the 2014 Officers and Directors (See pages 18‐19 for details)

In closing, I want to thank you again for having me serve as your 2013 President. I hope you and your families have a wonderful holiday season, a prosperous 2014 and a Happy New Year!

The 2014 Board of Directors at Installa on (See page 18 for more informa on)

Sincerely,

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Lee Lieberg 2013 WSGVAR President

December 2013 | San Gabriel Valley Connec on

Take Me Out to the Ball Game!

WSGVAR Dodger Night 2013!

On September 27, 2013 the West San Gabriel Valley Associa on of REALTORS® went to the Los Angeles Dodgers game against the Colorado Rockies. Members in a endance enjoyed an exci ng game, Dodger dogs, a bobble head, fireworks and a Dodger victory! All of the cket sale proceeds went to our WSGVAR Founda on and the sold out event raised money for a wonderful cause!

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December 2013 | San Gabriel Valley Connec on

Press Release Monterey Park Rescinds Point‐of‐sale Inspec on Ordinance SAN GABRIEL, CA, OCTOBER 2, 2013: The West San Gabriel Valley Associa on of REALTORS® legisla ve team helped to rescind point‐of‐sale inspec on ordinance.

The West San Gabriel Valley Associa on of REALTORS® reports that the city of Monterey Park has voted to rescind an ordinance that requires inspec ons at the point‐of‐sale. A staff report showed that the program was a money loser. It stated that while revenue to the city from fees charged for the inspec ons of residen al and commercial property was slightly more than $108,000 in the 2012‐2013 fiscal year, the cost to conduct those inspec ons was nearly $200,000. The legisla ve team from the West San Gabriel Valley Associa on of REALTORS® spoke before the council in favor of rescinding the ordinance, and were the only members of the public to do so. The council voted unanimously in favor of rescinding the program.

Broker/Owner Session – A Risk Management Panel Discussion West San Gabriel Valley Associa on of REALTORS® held a panel discussion on September 27, 2013 focusing on risk management for brokers and owners. During the panel discussion several hot topics were covered including the integrity of a real estate transac on, problem issues most commonly asked on California Associa on of REALTORS® Legal Hotline, issues at the California Bureau of Real Estate and the Bureau’s posi on on them, CalBRE property management inves ga ons and how to avoid them, and more. The panelists speaking on these topics were Andy I. Chen, former General Auditor for the Department of Real Estate; William L. Jansen, President of Broker Risk Management; Neil D. Kalin, Assistant General Counsel of the California Associa on of REALTORS®; Mary E. Work, Partner of Manning & Kass, Ellrod, Ramirez, Trester, LLP and the discussion was moderated by David Fu, Esquire of David Fu & Associates. Over 120 members were in a endance and gained insigh ul knowledge from our panelists.

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December 2013 | San Gabriel Valley Connec on

California Associa on of REALTORS® EXPO 2013 Champions of Home From October 8‐10, 2013 the California Associa on of REALTORS® held its Conven on and Expo in Long Beach. West San Gabriel Valley Associa on of REALTORS® provided free bus transporta on to our members each day of the Expo and many took advantage of this wonderful opportunity. C.A.R. provided excep onal free educa onal tracks including topics such as real estate trends, where the market is going, social media, legal and finance, marke ng, transac ons and more. More than 100 exhibitors were in a endance at the expo with amazing products and knowledge.

Congratula ons to the 14 WSGVAR members who won prizes at the C.A.R. Conference and Expo!

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December 2013 | San Gabriel Valley Connec on

WSGVAR Market Sta s cs

Alhambra, Monterey Park, Rosemead, San Gabriel, Temple City

*All of the below informa on is comprised from CRMLS. For a full year report including Condos/Townhomes please visit h p://wsgvar.com/Newsstand/MarketSta s cs

Alhambra

Single Family Homes Average List Price Average Sale Price Median List Price Median Sale Price Units For Sale Units Sold Months Supply of Inventory

12‐Sep 13‐Sep % Change $455,448 $556,635 22% $518,864 $547,139 5% $420,000 $525,000 25% $480,000 $545,000 14% 63 46 ‐27% 11 18 64% 5.7 2.6 ‐54%

12‐Oct 13‐Oct % Change $501,594 $571,030 14% $474,052 $580,061 22% $450,000 $569,000 26% $475,000 $587,500 24% 66 47 ‐29% 25 16 ‐32% 2.6 2.9 12%

12‐Nov 13‐Nov % Change $469,670 $694,467 48% $487,204 $551,127 13% $493,500 $650,000 32% $460,000 $555,000 21% 55 34 ‐38% 18 11 ‐39% 3.1 3.1 0%

Monterey Park Single Family Homes Average List Price

12‐Sep 13‐Sep % Change 12‐Oct 13‐Oct % Change 12‐Nov 13‐Nov % Change $488,064 $585,045 20% $480,974 $607,603 26% $488,479 $583,178 19%

Average Sale Price Median List Price Median Sale Price Units For Sale Units Sold Months Supply of Inventory

$498,473 $598,678 $449,000 $575,000 $413,000 $518,750 81 61 16 14 5.1 4.4

20% $505,370 $578,433 14% 28% $439,000 $549,000 25% 26% $485,000 $594,500 23% ‐25% 77 59 ‐23% ‐13% 23 24 4% ‐14% 3.4 2.5 ‐26%

$528,019 $684,750 30% $496,500 $579,000 17% $520,000 $566,500 9% 67 37 ‐45% 21 20 ‐5% 3.2 1.9 ‐41%

Rosemead Single Family Homes Average List Price Average Sale Price Median List Price Median Sale Price Units For Sale Units Sold Months Supply of Inventory

12‐Sep 13‐Sep % Change 12‐Oct 13‐Oct % Change $426,912 $490,800 15% $458,087 $568,595 24% $448,889 $455,547 1% $394,665 $480,908 22% $402,000 $450,000 12% $399,450 $520,000 30% $399,000 $455,000 14% $390,000 $495,000 27% 82 45 ‐45% 84 55 ‐35% 10 15 50% 17 13 ‐24% 8.2

3

‐63% 4.9

4.2

‐14%

12‐Nov 13‐Nov % Change $466,409 $514,814 10% $401,665 $482,315 20% $404,250 $479,000 18% $390,000 $462,500 19% 73 56 ‐23% 18 6 ‐67% 4.1

9.3

127%

San Gabriel Single Family Homes Average List Price Average Sale Price Median List Price Median Sale Price Units For Sale Units Sold Months Supply of Inventory

12‐Sep $539,352 $518,242 $546,000 $503,500 108 26 4.2

13‐Sep % Change 12‐Oct 13‐Oct % Change 12‐Nov 13‐Nov % Change $725,002 34% $557,698 $784,825 41% $664,730 $848,965 28% $696,993 34% $570,925 $683,050 20% $528,667 $680,189 29% $653,500 20% $529,700 $675,000 27% $597,000 $689,000 15% $684,500 36% $545,000 $642,500 18% $547,500 $600,000 10% 82 ‐24% 89 88 ‐1% 85 70 ‐18% 28 8% 30 26 ‐13% 24 19 ‐21% 2.9 ‐31% 3 3.4 13% 3.5 3.7 6%

Temple City Single Family Homes Average List Price Average Sale Price Median List Price Median Sale Price Units For Sale Units Sold Months Supply of Inventory Page 7

12‐Sep $698,105 $581,612 $608,500 $521,000 63 17 3.7

13‐Sep % Change $693,006 ‐1% $756,561 30% $643,500 6% $712,500 37% 51 ‐19% 18 6% 2.8 ‐24%

12‐Oct 13‐Oct % Change $633,574 $762,065 20% $621,045 $679,621 9% $525,000 $688,000 31% $561,000 $654,000 17% 64 48 ‐25% 22 32 45% 2.9 1.5 ‐48%

12‐Nov 13‐Nov % Change $616,038 $855,832 39% $735,083 $655,765 ‐11% $579,500 $678,000 17% $660,000 $536,000 ‐19% 69 52 ‐25% 23 17 ‐26% 3 3.1 3%

December 2013 | San Gabriel Valley Connec on

Na onal Associa on of REALTORS® Rise to New Heights San Francisco, CA 2013 Conference & Expo The Na onal Associa on of REALTORS® (NAR) held its annual Conference and Expo in San Francisco from November 8‐11, 2013. The Conference featured Former Secretary Hillary Rodham Clinton as the keynote speaker and had over 100 educa on sessions covering topics such as broker management, business technology, commercial, green, hot topics, innova on, interna onal, land, legal issues, market segments/niches, professional and personal growth, sales and marke ng, and more. There were over 400 Expo exhibitors and the overall conference and expo provided a great pla orm to learn new ideas and connect with REALTORS® from around the world.

WSGVAR Awarded 2013 Ambassador Association of the Year!

NAR presented WSGVAR with the 2013 Outstanding Ambassador Associa on Award during the Conference and Expo on November 7, 2013. WSGVAR is the Ambassador Associa on to Taiwan and Malaysia and has been hos ng inbound and outbound trade missions with both countries for several years. Most recently, WSGVAR hosted the Chinese Associa on of Real Estate Brokers from Taiwan in San Francisco on November 9, 2013 and at the WSGVAR Office on November 12, 2013 (more informa on is on page 11). WSGVAR is honored to have received this pres gious award from NAR.

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December 2013 | San Gabriel Valley Connec on

WSGVAR’s Global Business Council Hosts Taiwan Delegates

WSGVAR’s Global Business Council hosted an inbound trade mission with 10 delegates from Taiwan on November 12, 2013.

The Taiwan delegates are members of the Chinese Associa on of Real Estate Brokers. The trade mission began with a press conference at the WSGVAR office that included real estate market presenta ons and a gi exchange, lunch at Parkway Grill in Pasadena, a luxury home tour and concluded with dinner at WSGVAR Director Lorraine Clark’s home.

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December 2013 | San Gabriel Valley Connec on

Cultural Night and Karaoke Presented By Global Business Council On Friday, November 1 5, 201 3 the Global Business Council held Cultural Night and Karaoke. The evening began with information sharing and discussions on real estate related topics in several international countries and was followed by a fun night of Karaoke. The Global Business Council gives a special thank you to all of the presenters: Helen Chen Marston, China; Chuck C.J. Cota, Mexico; Tony Totrakarn, Thailand; Albert Tran, Vietnam; and Yin Bihr, Malaysia.

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December 2013 I San Gabriel Valley Connection

Commercial Real Estate

In a recent NAR survey of commercial members (July

International Business No matter where in the world you practice real estate,

According to data from

2013), 46% of REALTORS®

Real Capital Analytics,

reported working with

the top 5 counties of

international clients. The top

investor origin were:

countries of origins include:

globalization impacts business. To a significant degree international investors view U.S. commercial real estate as a desirable investment. Foreign purchases of U.S. commercial properties are estimated at billion in

2010.

Canada

Canada

$24.1

2012- up 5% from 2011 and up 55% from

Types of markets international buyers appear to

China

focus on:

1.

Metropolitan Statistical Areas or MSAs that are relatively large in terms of total employment, but

Switzerland

with relatively slow employment growth. Examples

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include Atlanta, Boston, Chicago, Los Angeles, Miami, New York, and San Francisco. These MSAs

2.

MSAs that are relatively large with above median growth in GDP and employment. Examples include Austin, Houston, Denver, San Diego, Seattle, and

Mexico

Israel

are well known to be a major national or regional financial, mercantile, and trade centers.

India

United Kingdom

United Kingdom

While New York is known to

MSAs that have been near the

Washington, D.C. Economic growth has been above

attract the most attention from

top in recent years in terms of

average and these metropolitan areas are

international buyers looking

growth and will probably see an

for U.S. commercial

increasing level of international

investments, the level of

investor interest in the future

frequently mentioned in terms of their potential for additional growth.

A LOOK INTO THE FUTURE: ECONOMIC GROWTH­ URBAN AREAS AT THE FOREFRONT The markets that traditionally attract international investors will likely continue to draw global interest as they are major mercantile centers. However, employment and GDP are significant drivers of real estate demand, and those areas within the U.S. with strong job growth will likely be increasingly attractive.

international sales in markets

include:

across the nation is substantial.

1. New York

The Association of Foreign

2. San Francisco

Investors in Real Estate (AFIRE)

3. Washington, D.C.

has identified 12 metropolitan

4. Houston

area markets particularly

5. Boston

attractive to foreign buyers,

6. Los Angeles

accounting for well over half of

7. Seattle

foreign commercial real estate

8. Chicago

purchases:

9. Austin

1. New York

10. Atlanta

2. San Francisco

11. Miami

3. Washington, D.C.

12. Denver

4 Houston 5. Boston

MSAs that currently have

"LOOK FOR OPPORTUNITIES IN THE INEVITABLE

6. Los Angeles

significant levels of

7. Seattle

CHANGES IN OUR INDUSTRY. IT'S IN CHANGE

international commercial sales

8. Chicago

and appear likely to attract

9. Austin

future attention include:

10. Atlanta

1. Charleston, SC

11. Miami

2. Raleigh-Durham, NC

WHERE W ORLDS OF OPPORTUNITIES RESIDE." All information provided by NAR's Commercial Connections. For more information, please click here.

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12. Denver

3. San Antonio, TX 4. Las Vegas, NV December 2013 I San Gabriel Valley Connection

Young Professionals Network Bowling Night 2013 YPN held their annual bowling night on Wednesday, November 20, 2013 at Action Lanes in El Monte. The evening was a great success and those in attendance enjoyed friendly competitive bowling, food and beverages, lots of networking and a night of fun. The great turnout of people helped raise money for a great cause for C.A.R. Education!

Several bowlers won the gold pin contest! To win the contest, each bowler tried to hit a gold pin and get a strike in the same roll.

Congratulations to those who won the contest and won a free bag!

1st Place 2nd Place

3rd Place

Congratulations to all of the winners at bowling night and thank you to all of our sponsors!

The grand prize went to the team from Union Bank who won for the second straight year in a row and generously donated their $300 cash prize back to the YPN Committee. The RE/MAX team came in 2nd place and Kathy Meng, Tom Berge, Jr., Kevin Kwan, Vanessa James and Joe Haggerty came in 3rd place.

Thank you to the following sponsors for helping making YPN Bowling Night a success: Peter Chang, Union Bank; Jason Lee, Central Escrow; Cesar Aviles, Coldwell Banker George Realty; Yin Bihr and Gigi Lee, Masters Realty; and Kuan Sung, RE/MAX Elite Realty.

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December 2013 | San Gabriel Valley Connec on

ctáà cÜxá|wxÇàá tÇw [ÉÇÉÜxxá _âÇv{xÉÇá ctáà cÜxá|wxÇàá _âÇv{xÉÇ On Monday, November 18, 2013, the West San Gabriel Valley Association of REALTORS® held a luncheon at Luminarias Restaurant in Monterey Park to honor Past Presidents of the Association. The Past Presidents were welcomed by 2013 President Lee Lieberg. Some of the Past Presidents in attendance include 1975 Thomas O. Berge, 1976 Roger Gosswein, 1979 Carl M. Berg, 1984 Ernest W. Henry, 1985 President Russell J. Stacey, 1991 and 2003 Robert W. Bodkin ii, 1994 Joy Lyn Carothers, 1999 Esther Johnson, 2000 Brian Chen, 2002 Cecelia “Cyl” Rudar, 2005 Carl Feldstein, 2006 Lorraine Clark, 2007 Nancy Lin, 2008 Arthur A.W. Shu, 2009 Rita Chio, 2010 Ling Chow, 2012 Yin Bihr and 2013 Lee Lieberg. 1975 President Thomas O. Berge brought bulletins and magazines from the 1970’s and 1980’s for everyone to take a glimpse of the past. An enjoyable afternoon was had by all.

[ÉÇÉÜxxá _âÇv{xÉÇ

On Monday, October 28, 2013, the West San Gabriel Valley Association of REALTORS® held a luncheon at Almansor Court in Alhambra, to honor past recipients of the REALTOR® of the Year, Associate REALTOR® of the Year, Affiliate of the Year, Life Time Achievement Award, Special Recognition and President’s Award. Approximately 40 people were in attendance at this wonderful luncheon. 2013 President Lee Lieberg welcomed everyone and the afternoon included fellowship and laughter with old and new friends.

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December 2013 | San Gabriel Valley Connec on

Affiliate Appreciation Luncheon

On November 22, 2013 WSGVAR held a luncheon in appreciation of all of our affiliate members. The event was enjoyed by both affiliate members and REALTORS® and all enjoyed camaraderie with one another, a delicious lunch and playing fun games. Affiliates and REALTORS® battled it out in the game “Two Truths and a Lie” using their knowledge of each other and also learned new things about the people they partner with. Affiliates Joe Haggerty, Marcus Jacques and Mark Wu beat the REALTORS®. Affiliates also participated in a scavenger hunt and affiliate member Peter Chang won.

The West San Gabriel Valley Association of REALTORS® wants to thank all of our affiliate members for your continuous support, outstanding service and dedication to WSGVAR! Page 16

December 2013 | San Gabriel Valley Connec on

Charity & Scholarship On November 14,2013 and December 5,2013 the West San Gabriel Valley Association of REALTORSÂŽ held its annual auction with 100% of the proceeds benefitting the WSGVAR Foundation. The Auction was presented by the WSGVAR Foundation, with Yolanda Martinez-Arenas as the Auctioneer. The WSGVAR Foundation would like to give a big thank you to all of the donors, bidders, helpers and other participants that contributed to make the Auction a success!

With the money raised, each year the WSGVAR Foundation Committee is able to donate money to charities in the surrounding community and award scholarships to students at 15 high schools in Alhambra, Monterey Park, Rosemead, San Gabriel and Temple City.

These students have excellent grades, extracurricular activities, and perseverance in attaining their goals.

On December 12,2013 the WSGVAR Foundation presented awards to five charities in the community at our annual "Recognition of Charitable Organizations" MLS Breakfast meeting. The 2013 charitable organization recipients are Marvvale, People for People, San Gabriel Valley Humane Society, Wounded Warrior Project and the YMCA of West San Gabriel Valley. We appreciate all the good work these deserving charities do!

Another way to be involved is to join the Century Club. The Century Club is the backbone of our scholarship. It is composed of people who value the importance of education and want to make a donation directly to scholarships.

To join, all one has to do is write a check in the amount of $100 or more to WSGVAR Foundation and write Century Club in the memo. Click here for a list of all our Century Club Members. Thank you for your support!

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December 2013 I San Gabriel Valley Connection

91st Annual Installation Dinner OHANA HO’OLAULE’A On Friday, December 6, 2013 the West San Gabriel Valley Association of REALTORS® held its 91st Annual Installation in honor of 2014 WSGVAR President, Mel Wong, and the 2014 Board of Directors. The Installation and Christmas Dinner were held at St. Luke’s Catholic Church in Temple City and had over 240 guests in attendance. The evening was a wonderful Hawaiian celebration that included Hawaiian dancers, Hawaiian songs such as “Mele Kalikimaka”, and delicious Hawaiian food and drinks including grilled teriyaki chicken, Kalua pork, Hawaiian rice, Asian noodles and the signature Mai Tai cocktail.

2013 WSGVAR President Lee Lieberg gave the welcoming speech, Yolanda Martinez-Arenas was the Emcee, the National Anthem was sung by Silvia Rosich, Thomas O. Berge led the Pledge of Allegiance and Marva Glean gave the Invocation.

Congratulations to 2014 President Mel Wong and the entire 2014 Board of Directors!

Ling Chow, 2013 Regional Chair and WSGVAR Director, installed Mel Wong as the 2014 WSGVAR President and installed the 2014 Board of Directors.

Officers: Tom Berge, Jr., President-Elect; Kevin Kwan, Vice President; Yin Bihr, Treasurer; Suzi Dunkel-Soto, Secretary.

Directors: Thomas O. Berge, Brian Chen, Ling Chow, Lorraine Clark, Gigi Lee, Helen Marston, Cecelia “Cyl” Rudar, Giuseppe “Joe” Veneziano, Stephen Walker & Larry Yang.

Immediate Past President: Lee Lieberg.

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December 2013 | San Gabriel Valley Connec on

91st Annual Installation Dinner OHANA HO’OLAULE’A Congratulations to all of the 2014 Award Recipients and thank you for your contributions to WSGVAR!

2013 REALTOR® of the Year—Yin Bihr, Masters Realty 2013 Affiliate of the Year– Marcus Jacques, Western Resources Title 2013 Distinguished Service Award– Nancy Lin, KoTai Realty 2013 Good Neighbor Award– Cyl Rudar, American Heritage REALTORS® 2013 Special Recognition Award– Cesar Aviles, Coldwell Banker George Realty 2013 President’s Award– Tom Berge, Jr., Berge Company REALTORS® & Appraisers

Past WSGVAR Presidents in attendance from left to right: Thomas O. Berge, Esther Johnson, Brian Chen, Cecelia “Cyl” Rudar, Bob Bodkin, Carl Feldstein, Lorraine Clark, Nancy Lin, Arthur Shu, Rita Chio, Ling Chow, Yin Bihr, Lee Lieberg and 2014 President Mel Wong

Thank you to all of the 91st Annual Installation Sponsors that helped make the night a success!

GOLD LEVEL CRMLS

RE/MAX Elite Realty

SILVER LEVEL Advanced Group Property Inspec on Co. Mary Kay Keshishian

Ci zens Business Bank Mitchell Ing

State Farm Insurance Allan Kam

Union Bank Peter Chang & Jack Chao

BRONZE LEVEL American Trust Escrow Alina Chu

Komen Termite & Pest Paul Kim

Olympus Escrow Ki y Ip Page 19

Moy Escrow, Inc. Alba Moy

North American Title Company Theresa Lam

Reverse Mortgage Professionals Bob Tapia December 2013 | San Gabriel Valley Connec on

WSGVAR and the Board of Directors wish you and your families a wonderful holiday season and a Happy New Year!

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December 2013 | San Gabriel Valley Connec on