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Reaching Out to Real Estate Professionals Serving Ethnic Home Buyers

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RISMEDIA, Oct. 22, 2007-The First Bay Area Multi-Cultural Real Estate Summit, a community outreach initiative for Bay Area Real Estate Professionals who are interested in working within the emerging multicultural real estate markets, will be held on Thursday, Oct. 25, at the Elks Lodge, 229 W. 20th Ave, San Mateo.

Registration begins at 1:30 p.m. The program will be held from 2 – 5p.m., followed by a wine and cheese networking reception.

The event is being led by the San Mateo County Association of Realtors (SAMCAR), the Asian Real Estate Association of the East Bay (AREAEB), Chinese American Real Estate Association of Santa Clara County
(CAREA), Chinese Real Estate Association of America, Inc. (CREAA), Fidelity National Financial, Inc. (FNF), Filipino American Real Estate Professionals Association (FAREPA), Korean Association of Real Estate Agents and Lenders (KARL) National Association of Hispanic Real Estate Professionals (NAHREP) – Silicon Valley and San Francisco Chapters and the South Asian Real Estate Association of America (SAREAA), as founding associations, with the support of the San Jose Association of Realtists (SJAOR) and African American Economic Development Association of Realtors and Affiliates (AAEDARA).

The Summit will bring together Bay Area Real Estate Practitioners, government officials and Service Providers in an educational conference format focused on the dissemination of information, demographic trends, financial reforms, and business practices which affect the fast growing multi cultural real estate communities within Alameda, Contra Costa, San Francisco, San Mateo, and Santa Clara Counties.

Patricia Lindo, NAHREP of Silicon Valley President and the Summit’s steering committee chair said, “The Summit will inform attendees of specific challenges being met and addressed by the event’s Founding Associations, offer an exchange of information which will enhance the real estate professional’s ability to serve the emerging multi-cultural market and build a platform of cooperation among the communities represented within the Founding Associations of the Summit.”

SAMCAR President Geoffrey Craighead will deliver the introductions and acknowledgements. The program includes a keynote address by California Department of Real Estate Commissioner Jeff Davi, followed by a panel discussion on “The State of Real Estate in the Bay Area — how to survive it” led by Pablo Wong of Fidelity National Financial. The panelists include the California Real Estate Commissioner Jeff Davi, C.A.R. State Legislative Committee Chair Steve Goddard, Asian Real Estate Association of America (AREAA) President Allen Okamoto, Freddie Mac Expanding Markets Manager Sergio Barajas and San Jose Realtists Association representative Julius Nyanda.

The summit program also includes a presentation on “Preventing Foreclosures,” by Jorge Carcamo, President of NAHREP San Francisco, which will teach real estate professionals how to position their clients to prevent foreclosure.

The Summit is open to all Bay Area Real Estate Practitioners in the Bay Area. The cost per person is $25, which includes a copy of the power point and marketing materials of the Preventing Foreclosures Class portion and inclusion in the Program Referral Directory for attendees.

For more information, visit http://www.samcar.org.

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