twitter youtube  facebook  linkedin 

You are here: Home | News

Move it or lose it!

Important: This is the FINAL WEEK of Instanet Service

This is the final week that you will have access to transactions and information in Instanet Transaction Desk, and by extension, Instanet DocBox. Any data you are currently storing in any Instanet systems WILL NOT BE AVAILABLE AND CANNOT BE RECOVERED AFTER September 30, 2015.

This means YOU ARE RESPONSIBLE FOR BACKING UP ANY RELEVENT DATA before the system is turned off. This is the end of our service agreement with Instanet and they will not be providing services to any members, at any price point, after the change.

What happens to my Transactions?
They are gone on October 1. You should download any you wish to preserve using the Archiving Guide.

What happens to my Contacts?
They are gone on October 1. You should manually retrieve any contact information yourself from the Instanet Platform as their EXPORT function does not currently work. We are talking to Instanet support about alternatives, but they have made no guarantee.

What happens to my “in-progress” transactions in Transaction Desk?
They are gone on October 1. You must move these over to zipForm® as soon as possible, we apologize for this inconvenience. We are going to try to notify people with open or outstanding documents that they need to move them ASAP.

What happens to any disclosure I have uploaded using DocBox right now?
They are gone on October 1. You should make sure that you have the disclosures uploaded instead to a cloud storage solution of your own choosing, and then allow agents to ask you for the link (or add the link to the Agent-Only Remarks). Those solutions don't offer built in tracking.

Okay, what is the basic outline of forms I need to use for taking a Listing?
Please refer to this template guide, or view this example of a Listing package in zipForm®. 

Alright, what is the basic outline of forms I need in order to write an offer to Purchase?
Please refer to this template guide, or view this example of a Purchase package in zipForm®.

If I'm used to an Instanet form how do I find the replacement form in the new SFCA Library in zipForm®?
We have a worksheet you can reference for the basics, this is primarily a guide, please make sure you ask your broker if you are using the right form or talk to C.A.R. legal. SFARMLS cannot advise on WHAT form to use for a purpose. You can download the reference worksheet here.

Instanet/Transaction Desk/DocBox data WILL NOT BE RECOVERABLE as of October 1st.

SFAR is holding a series of “end of Instanet/zipForm® crash course” open-door workshops. They are DROP-IN, but space is limited so you must register so we can anticipate how many people will be coming. Please bring your laptop or other device so you can self-guide and we will help with questions.

     Thursday, September 24 | 9:00 am to 11:45 am | REGISTER

     Friday, September 25 | 9:00 am to 11:45 am | REGISTER

     Monday, September 28 | 9:00 am to 11:45 am | REGISTER

     Wednesday, September 30 | 10:00 am to Noon | REGISTER

These are not instructor led classes, these are times when staff is on hand to help you figure out basic tasks and answer questions to get you working on your own. Please make sure you sign up, as conference room space is limited.

What will we be helping you with?

* Getting into zipForm from MLS or from member site
* Making sure you can access the new SFCA library
* Basics of DigitalInk (replaces Authentisign)
* Help with archiving old data
* How to start a basic transaction in zipForm
* How to start making your own templates
* Where to get help, videos

What will we NOT be going over?

* DocuSign (seperate paid product)
* zipForm Mobile app 
* Which forms to use for what – that is between you, C.A.R. Legal and your Broker
* Moving all of your data – we will show you basic steps, then you are responsible for moving your data
* We won’t be discussing any features/shortcomings/bugs in zipForm® or SFARMLS

 

Additional resources: VIDEO notes from Jay PM (MLS/IT) and Matt Fuller (CFO)

Important MLS Forms Update - DocBox: https://youtu.be/GKadxvdlM2c

Changes to Forms Libraries - the forms in ZipForms: https://youtu.be/cTufmpaUPgA

Help C.A.R. Fight the Mortgage Tax: Engage Your Clients!

C.A.R. continues to fight a proposal to create a mortgage tax to pay for highways. Many of you have asked how to encourage your clients to get involved and help oppose this mortgage tax. There are a few easy ways to help spread the word.

1. Share this new website for consumers – www.nomortgagetax.org with your clients, friends and family. Use it in your regular marketing, share it on Facebook and on LinkedIn. If you have an e-newsletter, blog or website, you can use the content on the website for a quick update for your readers and followers. PLEASE URGE THEM TO CONTACT CONGRESS USING THE “TAKE ACTION” PAGE ON THE SITE.

2. Share the link on Twitter. For those of you using Twitter, please share the link in a Tweet and ask your followers to help spread the word. Be sure to include #nomortgagetax in your tweet.

3. Like and follow us on social networking. You can “like” the effort on Facebook and follow us on Twitter: @NoMortgTax.

At www.nomortgagetax.org, people can learn more about the issue, calculate their own mortgage tax and send their own message to their congressional representative. And this site isn’t just for people who live in California. It’s for anyone across the country who may be impacted by the tax.

By sharing this information with your clients, you not only help fight the tax but provide your clients with valuable information they may not see otherwise.

IF YOU HAVEN’T ALREADY CALLED YOUR MEMBER OF CONGRESS, PLEASE DO SO TODAY. Click here to see C.A.R.’s online Call-for-Action. Please note, only California REALTORS® can use the toll-free number to get connected to Congress since it requires that you enter your NRDS ID.

For more information, please contact DeAnn Kerr at This email address is being protected from spambots. You need JavaScript enabled to view it. or Rian Barrett at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

The new Supra eKEY app, version 2.2.1, is now available at the Apple® App Store and Google Play.

The new Supra eKEY app, version 2.2.1, is now available at the Apple® App Store and Google Play.

This new version of eKEY is compatible with the new Apple iOS 9 operating system.

This version of eKEY may prompt you for information related to the new end of showing notification feature scheduled for later this year. You may notice the following differences as you use the eKEY application:

  • For Apple device users, if Location Services is not enabled for eKEY, you will be prompted to do so when you open the eKEY app.
  • Approximately 30 minutes after performing an Obtain Key the eKEY app may display a “Showing Ended?” prompt with the option to select yes or no. This prompt only appears when the system cannot automatically detect the showing has ended.

REALTORS® Oppose Mortgage Tax Proposal

The CALIFORNIA ASSOCATION OF REALTORS® (C.A.R.) is opposing a proposal in Congress to impose a hidden tax on mortgages to pay for highways. Congress is seeking to disguise this tax by calling it a “fee.”

C.A.R. is asking that all California REALTORS® contact their Member of Congress to ask that the House not include this tax in the long-term Transportation funding bill.

A portion (in the form of a fee) of every conforming loan, (those backed by Fannie Mae and Freddie Mac) is used to offset losses from bad loans and to pay for the administrative costs of running these companies. These are called guarantee fees (or g-fees). In 2011 Congress added on a tax of an additional 10 Basis Points, equal to .1% of the value of the loan, to the guarantee fee of every new loan to fund an extension of unemployment benefits. That “add on” tax was due to expire in 2021 and loans originated after that date would not be subject to the additional fee.

The U.S. Senate just passed a long-term transportation funding bill that extends the “add-on” fee until 2025 for all new mortgages in order to pay for transportation infrastructure. As an example using real numbers, buyers purchasing a median priced California home of $489,560 using a typical conforming loan with a 20% down payment and a 4% interest rate will pay an additional $8,100. This figure is sure to rise with an increase in sales prices. This "g-fee" is actually a disguised tax on homebuyers.

This “fee” for highways unfairly burdens homebuyers for something not related AT ALL to their mortgage. And it will also erode housing affordability by adding another $8,000 to the cost of a median priced home.

C.A.R. opposes this tax because of its impact on homebuyers and housing affordability and believes that g-fees should only be used to reduce Fannie Mae and Freddie Mac’s (and therefore the taxpayers’) exposure to the risks associated with guaranteeing a mortgage and for the operation of these companies. A mortgage tax will also make it more difficult to enact meaningful mortgage finance reform because, going forward, Congress would need to offset the “cost” of reducing or eliminating the tax. 

Please oppose this tax by responding to C.A.R.’s Call-for-Action.

Click here for more details and to take action today for more details and to take action today.

NAR Variable Dues Video

NAR Variable Dues Video thumbnail

Click here to watch this video where C.A.R. Treasurer Geoff McIntosh speaks about the NAR Variable Dues. (Note the link will take you to dropbox, where the video is stored.)

You are here: Home | News