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SILVAR Congratulates 2017-2018 FAREPA SV Leadership Team


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Friday, September 29, 2017

Left to right: SILVAR treasurer Phyllis Carmichael, NAR Director Leannah Hunt, FAREPA Co-Presidents Wilma Baltar and Tes Crescini, SILVAR President Denise Welsh, Executive Officer Paul Cardus, President-elect Bill Moody and Board Director Mark Wong

SILVAR congratulated the 2017-2018 co-presidents, officers and board directors of the Filipino American Real Estate Professional Association (FAREPA) Silicon Valley yesterday at a luncheon ceremony at David's Restaurant in Santa Clara.

Members of the 2017-2018 FAREPA leadership team include SILVAR Global Business Council chair Tess Crescini (Heritage Homes & Investments) and Wilma Baltar (Keller Williams Silicon City), co-presidents; Cheryl (CJ) Javier (CBC Realty), vice president; Mark Taylan (Direct Mortgage Funding), treasurer; Gelda Lopez (Wells Fargo Home Mortgage), secretary. The co-presidents and other officers were installed by SILVAR President Denise Welsh.

2017-2018 FAREPA Board of Directors, installed by Rick Smith, president of the Santa Clara County Association of REALTORS® (SCCAOR), included Dexter Lat (Realty World One Alliance), Tessie Figueroa (Akimax Realty), Dan Ramas (Keller Williams Silicon City), Robert Balina (Synergize Realty), Anna Truong Lopez (Bank of America Home Mortgage), Divina Parreno (WFG National Title Insurance Co.) and Edelith Obas (WEST).

Co-emcees for the event were Hilda Ramirez, SCCAOR director of PR, Communications & Education, and Fremont City Council Member David Bonaccorsi. SILVAR Public Affairs & Communications Director Rose Meily delivered the invocation and Ben Menor, executive director of the Federation of Philippine American Chamber of Commerce, delivered the Heritage Message.

Keynote speakers were Bureau of Real Estate Commissioner Wayne Bell and California State Senator Jim Beall. Bell thanked REALTORS® for raising the standard of the real estate profession, noting, "It's a team that makes real estate work in California."

Bell said one of his "Do's" for agents is to follow the REALTOR® Code of Ethics and urged REALTORS® to continue building their practice by creating a high expectations, adding value, and "telling clients the value of what you do."

Beall thanked the real estate community for its support and advocacy for housing. He proudly announced that Gov. Brown has signed SB 3, a bill Beall authored, which would place a $4 billion bond on the November 2018 ballot. If approved by voters, $1 billion would be used to help military veterans purchase homes with low or no down payment at below-market interest rates. The other $3 billion would pay for housing development programs.

 "I'm proud to be part of the legislation that makes a significant contribution to housing in the state of California," said Beall.

It doesn't stop here, said Beall. He urged REALTORS® to stand with him and continue to move forward on housing.

The theme of the installation was "bayanihan," a term in the Filipino language that means building communal unity and togetherness. Co-presidents Baltar and Crescini thanked everyone for their support for the organization.

Crescini announced FAREPA is partnering with National Association of REALTORS® (NAR) President's Liaison to the Philippines Jennifer Tasto and SILVAR to plan a trade mission to the Philippines in 2018. Tasto is also a SILVAR member. SILVAR is NAR's Ambassador to the Philippines and partners with the Chamber of Real Estate & builders Association Inc. (CREBA) there.

At the close of the program, FAREPA also bestowed the Founder's award to Crescini to honor her and her late husband, Paul Stewart. Stewart and Crescini co-founded the association in 2002.

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The Silicon Valley Association of REALTORS® (SILVAR) is a professional trade organization representing over 4,000 REALTORS® and Affiliate members engaged in the real estate business on the Peninsula and in the South Bay. SILVAR promotes the highest ethical standards of real estate practice, serves as an advocate for homeownership and homeowners, and represents the interests of property owners in Silicon Valley.

The term "REALTOR®" is a registered collective membership mark which identifies a real estate professional who is a member of the National Association of REALTORS® and who subscribes to its strict Code of Ethics.

For further information, please contact Rose Meily at SILVAR Public Affairs, email , or phone (408) 200-0109.

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